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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

Here I define value as improving market capitalization/employee for a public company. To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” The problem is that the reduction of costs within one function does not necessarily drive value.

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Autonomous Business Planning Is Not Only Possible, It Has Already Been Achieved

Logistics Viewpoints

During my current supply chain planning market research, I have received briefings from several SCP companies. Solvoyo has a metric they call the user acceptance rate. But when he presents this to many companies, they don’t believe it. “I You don’t act on a forecast; you act on what you purchase. You route a truck.

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AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

This is the largest area of investment for the company outside of ERP. While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker.

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Learn How to Transform Procurement with Team Procure Cloud

Learn how Team Procure is helping companies streamline their procurement by implementing a cloud-based procurement platform across their organization. One of the key features of the platform is the custom approval workflows, which are tailored to each department within an organization.

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Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

When you talk to companies that have implemented enterprise or supply chain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. The most common form of trading partner collaboration is purchase order collaboration. The buyers dont report to Mr. Gainsford.

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent. In the survey, companies had over one hundred active continuous improvement programs.