Supply Chain Shaman

SEPTEMBER 20, 2015

During the year, I go to a lot of conferences. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Source: Dictionary.com. This makes me yawn. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient. Procurement planning inside of lead time is not sufficient. My response is a big YAWN.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. The elevation journey actually began the day before the conference officially started. Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Supply Chain Shaman

JUNE 29, 2022

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Supply Chain Matters

JUNE 17, 2022

Newly Released Conference Board CEO Study. A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Logility

MARCH 11, 2024

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Learn more at [link].

Logility 211

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BlueYonder

OCTOBER 6, 2023

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. “Never let a good crisis go to waste.”

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Supply Chain Shaman

OCTOBER 13, 2022

I love the stories but question the fit of the metaphor(s) for a supply chain conference. The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. The reason?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Procurement Academy

OCTOBER 25, 2021

This wider focus is known as ESG , environmental, social, and governance, and for procurement and supply chain functions, ESG’s wider focus brings challenges. How should a procurement function regard a supplier with fewer green credentials, but a better performance when it comes to social responsibility? Choices, choices, choices.

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Logistics Viewpoints

APRIL 3, 2023

But we’ve always been building out this technology with the thought of being able to do other things around procurement, finance, and revenue management.” If it is the same consumer goods company that I think it is, I saw their vice president of supply chain speak at a planning conference. I believe this claim.

Supply Chain Planning Software 251

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 251

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. As I squeezed into the middle seat of a crowded conference room, I got the stare. As a result, there are too many conferences (most of them bad) with the same leaders sharing their stories. The reason? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Precoro

JULY 16, 2023

In other words, the purchasing manager is responsible for securing inventory requirements within the company’s budget and overall efficiency of the company’s purchases. Inventory Management Efficiency This is an evaluation of how efficiently the purchasing team maintains the right level of inventory.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. The reason? Broad Strokes.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

Supply Chain Shaman

SEPTEMBER 22, 2021

One of the goals of the conference was to challenge the audience to redefine work. Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Look at packaging, office furniture, food waste from a conference, paper and promotional product waste from an advertising campaign. The technology used holds many insights for the maritime industry. #3 3 End of Life Planning Every physical asset should ideally have a sustainable next life journey. What happens after these items are used?

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

Supply Chain Shaman

OCTOBER 29, 2020

If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Inventory.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

SEPTEMBER 17, 2014

I smiled on the week following the conference as the accolades piled up in my inbox. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. 110 supply chain leaders attended.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Shaman

APRIL 15, 2020

As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. For example, Vendor Managed Inventory (VMI) systems, a useful stream of customer data, do not connect to planning. The reason? Broad Strokes.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Get Familiar with WMS : Explore warehouse management systems to understand how they enhance inventory tracking and improve order fulfillment.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

Supply Chain View from the Field

APRIL 10, 2013

At the Coupa INSPIRE procurement conference in San Francisco this week, the Chief Procurement Officer of Coca Cola Consolidated, Patrick Hopkins, shared his views on the “4 Truths of Procurement”, and how he has operationalized his views through the deployment of Coupa procure to pay software. Data must be right.

Procurement 83

Procurement Material Savings San Francisco SAP 83

Supply Chain Shaman

OCTOBER 8, 2019

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Time horizon.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. Seemingly, most supply chain leaders that are reading the press, or going to industry conferences, would believe that all four statements are true. Here they are: The Lie of Inventory Reduction. Supply chain excellence matters. The reason?

Inventory Reduction 261

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 261

Supply Chain Movement

SEPTEMBER 5, 2016

With benchmark business case presentations and opportunities to network with experts, software publishers and hardware suppliers, Supply Chain Event – a trade show, conference program, and business forum rolled into one – is a chance to drive digital transformation projects forward. In today’s era of logistics 4.0,

Supply Chain Software 60

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain 60

ToolsGroup

MAY 30, 2018

At the recent Gartner Supply Chain Executive Conference in Phoenix, analyst Marc Halpern clarified three key concepts about supply chain digital twins in his presentation “Busting the Myth of Digital Twins to Deliver Value.” You can think of a digital twin as the ultimate ‘what-if’ scenario planner.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

QAD

MARCH 12, 2019

The theme for this year’s Explore customer conference is “The Speed of Business,” which is to be held May 6-9 in New Orleans. Procure to Pay – A Day in the Life. You will not want to miss this year’s Explore conference! Drive Customer Satisfaction and Profitability through the Customer Lifecycle.

Automotive 109

Automotive Manufacturing Procurement Pricing Training Procurement Solutions 109

Enterra Insights

NOVEMBER 5, 2018

For example, at the NRF’s 2018 Shop.org conference, CVS Pharmacy President Kevin Hourican, told participants, “Retail isn’t dead. Kiran Mani, Google’s managing director of retail, told conference participants, “Personalization is nothing but translating information into assistance. Bad retail is dead.”[2]. ”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Gather global commodity prices and planned global procurement to drive procurement to best prices.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Supply Chain View from the Field

MAY 5, 2014

Bayer Crop Science – Internal Procurement Audit – Undergraduate Team: Hamilton Brewer, Emily Ciriano, Scott Gray. I could not have been prouder of the two awards you all won, in addition to being selected to present to the Conference this morning. Advisor: Cecil Bozarth, NC State Faculty.

Negotiating Skills 60

Negotiating Skills Procurement Supply Chain Talent Management Talent Management 60

o9 Solutions

APRIL 11, 2023

With 11,000-plus registrations, aim10x global is o9’s premier online event where supply chain, procurement, revenue management, IT, and sustainability leaders come together to gain best practices, insights, and inspiration from more than 60 thought leaders, change-makers, and executives who are shaping the future. o9 Solutions ranked No.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Pharmaceutical 52

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. For example: Inventory Record Accuracy has to be 98-100% accurate daily.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Movement

SEPTEMBER 14, 2016

Venue: Flemings Conference Hotel, Frankfurt. Organizer: BCR Conferences. Speakers Confirmed for the 2017 SCF Summit Include: David Loseby, Group Procurement Director, INCHCAPE. Fabio Manca, MD, DHL INVENTORY FNIANCING SERVICES. Supply Chain Finance Summit. Date: 1-2 February, 2017. Peter Chin, EVP, PREMIUM TECHNOLOGY.

Supply Chain Software 60

Supply Chain Software Supply Chain Conference Europe 60