Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. In each industry sector, companies face unprecedented variability. My question is, “Why?” Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

QAD

DECEMBER 5, 2019

Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. Some companies, such as Apple, are addressing their supply chain while making public statements on their climate stance. Additive Manufacturing.

Manufacturing Procurement 131

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 131

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). His first position was with Air Products and Chemicals in finance, and he quickly became bored with it.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. Each company ranks in the 4% of companies beating their peer groups. No technology company is attacking supply chain planning at the center. Procurement and transportation operated as islands.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Supply Chain Shaman

JULY 25, 2021

Only four percent of companies outperformed their peer groups. While market potential declined, individual company performance declined faster. I strongly believe that we adopted practices in the last two decades that degraded performance and threw companies out of balance. The Focus Inside-out Supported by Functional Metrics.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

JUNE 21, 2023

While companies talk digital, the projects follow traditional supply-centric paths. Almost two decades of reporting. The Gartner analysis is biased toward companies within the Gartner network. I list sixteen in Table 2, but of the 29 companies listed in the Gartner Top 25, 27 underperform their peer group sector.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. Supplier Approval – Places the company on the approved supplier list following the supplier evaluation process. The questions that are most often asked are: What metrics should I use? How is it possible?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

JUNE 14, 2018

Companies state that they want bold change; but within the company, I find swirling inaction. Companies are at a tipping point. I am speaking to companies that are being held hostage to SAP HANA upgrades with 70% cost overruns and 60% time schedule expansion. It baffles me. The headline is parts are not parts.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Supply Chain Shaman

JUNE 3, 2013

It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. The high-flying company had no clarity of purpose or clear governance, but the funds kept coming. The stories border on the ridiculous. Clear governance.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 259

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. So, I sucked it up and consented.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Logistics Viewpoints

MARCH 1, 2021

Because of this stability, at Philip Morris International (PMI), one of the world’s leading international tobacco companies, budgeting out three to five years used to be something they could comfortably do on spreadsheets. This was done at a stock keeping unit level and for the entire manufacturing supply chain. It was predictable.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Supply Chain Shaman

OCTOBER 29, 2020

I define collaboration as the ability to establish long-term win/win value propositions between and among companies. Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics. In times of growth, when companies are funding inventory builds, cash is needed.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. But MRO is often an afterthought and given no or limited support.

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

AIMMS

NOVEMBER 2, 2020

Most chemical companies think they have a high sales and operation planning (S&OP) maturity, but do they really? Cross-functional alignment is a complex challenge for chemical companies. Perhaps your company has very diverse product portfolios and different production processes. Join us in testing the market!

Chemicals 317

Chemicals S&OP Demand Planning Software Purchasing Skills 317

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

The logistics industry is one of the largest carbon emitters in today’s business world, and therefore having a carbon mitigation plan is an important step for logistics companies to take. You could play the important role of selling carbon credits to companies that need to mitigate their emissions. Beyond Your Own Emissions.

Supply Chain Planning Software 227

Supply Chain Planning Software Iceland Supply Chain Software Procurement Solutions 227

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. This will help a company become more profitable.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Shaman

DECEMBER 11, 2018

Companies talk about customer-centric supply chains, but most leaders are more comfortable in the world of supply than demand. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. It does not.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

Supply Chain Shaman

OCTOBER 5, 2018

and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Based in Paris, L’Oréal is a global personal care manufacturing company. It is the world’s largest cosmetics company with annual sales estimated at over €26B.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

OptiProERP

JANUARY 7, 2020

Business owners, CEOs, and CFOs know that positive cash flow is the heart and soul of rapidly growing manufacturing and distribution businesses. Let’s take a quick look at some of the ways that a manufacturing or distribution enterprise can use positive cash flow as an advantage. It can be: . Invested in additional assets .

Real-time Visibility 86

Real-time Visibility Manufacturing Procurement Material Savings Inventory Reduction 86

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Arkieva

JUNE 28, 2016

Sales and Operations Planning (S&OP) is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP.

S&OP 63

S&OP Procurement Analytics Analytics Software Supply and Demand 63

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When a company undergoes a digital transformation, the transformation should be based on an understanding of what they want to achieve. Dean Sorenson concurs.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 236

SupplyShift

JUNE 23, 2021

Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Cotton is a great example. What Is Multi-Tier?

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Cotton is a great example. What Is Multi-Tier?

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

Elementum

OCTOBER 13, 2017

It's no surprise then that the company became a signatory of t he Chemical Footprint Project (CFP), a project of Clean Production Action, which provides a tool for benchmarking companies as they select safer alternatives and reduce their use of chemicals of high concern. What’s in it for Walmart?

Material Savings 97

Material Savings Manufacturing Procurement Chemicals Supply Chain Planning Software 97

OptiProERP

JANUARY 7, 2020

This blog is part of a three-part series on how cloud ERP enables manufacturers to achieve operational excellence. In the series, we also cover how cloud ERP helps manufacturers deliver a best-in-class customer experience and drive companywide value through adoption and digitization. It can be: . Invested in additional assets .

Real-time Visibility 72

Real-time Visibility Optimal Sourcing Manufacturing Procurement Material Savings 72

AIMMS

MARCH 4, 2021

Most chemical companies think they have a high sales and operation planning (S&OP) maturity, but do they really? Cross-functional alignment is a complex challenge for chemical companies. Perhaps your company has very diverse product portfolios and different production processes. Join us in testing the market!

Chemicals 156

Chemicals S&OP Demand Planning Software Purchasing Skills 156

Resilinc

AUGUST 15, 2023

All these modern products are manufactured using the key commodities germanium and gallium. Unfortunately, China has just issued critical restrictions on these commodities, creating a cause for concern for many businesses and manufacturers in the high-tech and semiconductor space. Do you know what these products have in common?

Manufacturing Procurement 62

Manufacturing Procurement South Korea Predictive Analytics Software Japan 62

EcoVadis

MARCH 31, 2017

One big reason that companies cite for this is silo’ed efforts: in most organizations, Risk Management is fragmented, especially those risks related to suppliers’ performance and practices in Corporate Social Responsibility (CSR). Many procurement teams are finding holistic approach can provide huge advantages.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

EcoVadis

OCTOBER 17, 2017

A significant amount of waste – including flame retardants and gas pollutants – is generated during the manufacturing process of electronic components, which is hazardous to both plant workers and the environment if not handled and disposed of properly. million metric tons this year. The challenges are only growing.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

o9 Solutions

JANUARY 25, 2023

There is a big push from industry experts, regulators, consumers, and companies to move towards supply chain models based on circularity. These models aim to minimize resource use, waste, and carbon emissions and maximize reuse and recycling in the supply chain. What is the digital product passport (DPP)?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Supply Chain Shaman

AUGUST 26, 2015

” Today, I know of less than twenty-five companies that actively sense demand, and while we talk about the use of channel data and the building of demand sensing processes to use channel data, it is still an elite group of supply chain leaders that are perfecting the techniques. Demand processes are evolving. Why is this important?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Talking Logistics

MAY 13, 2015

Over the years, I’ve come across many large, brand-name companies that have been successful by many measures, such as revenue growth and profitably, but when you peeled back the onion on their supply chain processes and capabilities, they were far from best-in-class. From the article: Columbia Sportswear added $415.6

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Supply Chain Shaman

MARCH 15, 2016

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. Sadly, I find each to have a limited view of supply chain analytics. The majority of manufacturing and retail companies want better performing supply chains. Companies are more dependent on third-party relationships.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150