Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Arena Solutions

OCTOBER 12, 2023

Internal audits expose your strengths and weaknesses Internal quality audits can be an essential component of a manufacturer’s quality strategy because they can spot possible problems, put remedial measures in place, and work toward continuous improvement. Cited Sources [link].

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

FEBRUARY 16, 2016

Historically, supply chain processes were functional focused on make, source and deliver. Many of my clients save 5-10% of funds from their continuous improvement projects and self-fund their efforts. Digital sourcing? Digital path to purchase? Cross-Functional and Horizontal. The next step is education.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

MARCH 15, 2016

However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. The processes are largely batch, using data with great latency (orders and purchase orders). The solution failed.

Supply Chain Software 150

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

ShipBob

AUGUST 5, 2020

Source your products. Before you build an online store, you need to source your products. There are several avenues you can take to source products from working with local stores or suppliers to wholesale distributor options. Last year, Shopify reported 218 million buyers in total made a purchase on a Shopify store.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Eileen Fisher Renew is an excellent example of the reverse logistics process in action.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Supply Chain Shaman

FEBRUARY 25, 2016

High-velocity or streaming data requires different architectures built on non-relational, cloud-based architectures using open source tools like Apache Spark. This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). source Moody’s). Outside-in.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

HICX Solutions

AUGUST 11, 2021

We have clear metrics that talk about payments on time to suppliers, or, if they raise an issue, how quickly is that getting resolved. We have clear metrics and a good sense of how in sync we are with our supplier base.”. And we are going the extra mile to make sure that the suppliers know that we are serious about these metrics.”.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Silvon Software

APRIL 18, 2024

Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically. For example, analyzing procurement data to identify opportunities for bulk purchasing discounts or renegotiating supplier contracts.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

Logistics Bureau

OCTOBER 26, 2020

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. Some, pointing to the falling costs of wind and solar energy, are demanding that their energy provider supply clean, renewably-sourced electricity.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

Logistics Bureau

OCTOBER 26, 2020

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. Some, pointing to the falling costs of wind and solar energy, are demanding that their energy provider supply clean, renewably-sourced electricity.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

Supply Chain View from the Field

OCTOBER 4, 2015

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement allows obtaining well-structured and relevant data, which is indispensable for prioritizing purchases and balancing the quality and price of goods or services. Global Sourcing. Green Purchasing.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. The reason?

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

NC State SCRC

DECEMBER 28, 2015

In other words, many supply chain and purchasing solutions looks at historical transaction activity (what happened in the past and is captured in our ERP systems). This is a radical representation, as it requires thinking that the key performance metric in this case is agility and responsiveness to customer and technological change.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

6 River Systems

DECEMBER 11, 2018

Tips for improving customer experience. Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Elementum

DECEMBER 11, 2023

Today, BPA allows companies to combine multiple tasks, leading to improved collaboration and communication and making way for more dynamic, responsive, and adaptive organizations. In today’s competitive landscape, companies are increasingly adopting BPA to maintain an edge and excel in their respective industries.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

6 River Systems

FEBRUARY 25, 2019

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. If you want to optimize your supply chain, the way to do it best isn’t to buy some fancy new machine.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

EHS Sustainability Knowledge at Work

OCTOBER 10, 2019

One of the significant challenges our clients battle is winning management buy-in to EHS initiatives when their eyes are laser-focused on the bottom line. If metrics are not part of your plan, “selling” your case will be an uphill battle. Carve a path to improve existing safety culture or develop a turnaround strategy, if necessary.

Demand Planning Software 12

Demand Planning Software Analytics Software Software Data 12

Supply Chain Shaman

AUGUST 3, 2016

Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. This requires continue education. Buying From the Same Vendor Improves Integration.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150