Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Risk Management: By understanding potential risks, procurement can develop contingency plans to ensure a continuous supply of materials.

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Supply Chain Shaman

MARCH 27, 2023

Just as the electric light bulb did not come from the continuous improvement of candles, I believe that supply chain planning improvements will not come from doing more of the same. Current planning taxonomies do not plan across make, source, and deliver answers bi-directionally. My goal is to drive change. Digital Brain.

Supply Chain Planning Software 365

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 365

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. What is procurement? Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

RFgen

DECEMBER 19, 2024

Production Capacity Analysis While traditional testing methods can be time-consuming and offer incomplete data, focusing on key production metrics within the manufacturing process provides more actionable insights. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used?

Material Savings 92

Material Savings Resource Reduction Sourcing Strategies Inventory Reduction 92

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. They have a goal to be agile and aligned; however, their continuous improvement processes are making steady improvement on an efficient supply chain model that is anything but agile or aligned. It is a slow week. Most of my friends are on vacation.

Supply Chain Design Software 298

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 298

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

SEPTEMBER 2, 2016

The focus cannot be about only continuous improvement of existing processes. Culturally companies need to bridge the difference between a traditional focus on continuous improvement and the need to drive a disruption. Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. The analysis needs to be measured through an evaluation of year-over-year improvements. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

ToolsGroup

JULY 10, 2018

It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders. Demand Sensing.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. The company also needs to drive cash efficiency and improved productivity. Being able to look at a service failure and get down to root causes is necessary for continuous improvement. But even multi-sourcing is not enough.

Supply Chain Transformation 261

Supply Chain Transformation Supply Chain Planning Software Modeling Supply Chain Design Software 261

Logility

APRIL 29, 2021

It must also enable continuous improvement programs and Good Manufacturing Practices (GMP) by helping to identify areas that need improvement and create and manage corrective action plans. To gain efficiency and build resilience, collaboration between these departments should be encouraged.

Optimal Sourcing 204

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 204

GlobalTranz

JUNE 8, 2017

Managers can control the operation efficiently as the relevant information comes from different sources, timely and all the members have access to its current updates. Continuous Improvement. Every business tends to enhance its market positions and to improve its processes. A Better Communication Model.

Logistics Network Optimization Software 277

Logistics Network Optimization Software Resource Reduction Modeling Software Cost Reduction Strategies 277

Jaggaer

OCTOBER 24, 2024

Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility. Leveraging advanced analytics : You can use analytics to identify top-performing suppliers as well as address any issues based on supplier performance metrics.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process.

Supply Chain Planning Software 244

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 244

Precoro

DECEMBER 24, 2024

Unlike traditional tools that often operate in isolation or rely on rigid workflows, AI connects the dots between disparate data sources, providing a more comprehensive view of procurement activities. AI in procurement use cases : Analyzing data from multiple sources to predict demand trends with greater accuracy.

Price Reduction 105

Price Reduction Cost Reduction Strategies Sourcing Strategies Expense Reduction 105

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

ToolsGroup

MAY 24, 2016

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. That’s necessary for continuous improvement and operational excellence. Editor's Note: There will be no blog post next week. But there is another way to segment supply chains that begins with the customer.

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

Supply Chain Shaman

JUNE 21, 2016

In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. The metrics reward functional thinking. Insights on leadership, continuous improvement and talent development for emerging markets. This is not an easy transition. Supply Chain 2030.

Supply Chain Design Software 218

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 218

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

AFFLINK

JUNE 10, 2025

Ethical Sourcing & Labor Standards As due diligence frameworks evolve, so too does the scrutiny placed on labor practices across the supply chain. Ethical sourcing ensures that suppliers adhere to human rights principles, prohibit forced or child labor, and operate with fair wages and safety policies.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Design Software Waste Reduction Vendor Strategies 48

Precoro

JUNE 3, 2025

Therefore, traditional sourcing is often reactive: a procurement manager reviews a purchase request , finds a supplier, negotiates terms, and moves on. Then, create and carry out a specific category strategy through sourcing and contract management. Finally, monitor performance and make ongoing improvements.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Procurement Academy

JANUARY 16, 2025

By completing this report with the auditor name, signature and date, it can then be revisited when needed to update and amend in line with business changes, ensuring continuous improvement is always front of mind. It can lead to better supplier selection and improved communication.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Jaggaer

OCTOBER 24, 2024

This might involve collaborating on capacity planning, logistics optimization, and exploring new sourcing opportunities that align with your expansion strategy. As an innovator you probably rely on suppliers as a source of innovation in their own right, or to contribute to your efforts to develop breakthrough products and services.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

Supply Chain Shaman

JUNE 26, 2016

The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. A Supply Chain Leader will make progress on both of these key metrics with a very tight and controlled pattern. While sourcing roles are more aggregated, channel support is usually regional.

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 260

Supply Chain Game Changer

JUNE 13, 2025

Geopolitical conflicts, social changes, new market conditions, or adverse weather conditions are sources of disruption in supply chains that must be taken into account. It is about finding both critical points and weaknesses in the chain to implement solutions that lead to improved efficiency and productivity.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 59

SCMDOJO

MAY 23, 2025

By embedding analytics across logistics, sourcing, and fulfillment, businesses gain the visibility and foresight needed to stay competitive.Analytics-driven leadership is no longer a luxury; it’s the foundation of operational survival in todays volatile business environment.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Procurement Analytics Analytics Software Supply Chain Planning Software 59

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). Based on the analysis of supply chain improvement (as measured by the Supply Chain Index ) and supply chain performance, we ranked the supply chain leaders by industry.

Supply Chain Design Software 150

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

Supply Chain Shaman

MARCH 20, 2016

There is a great need for improved supply chain analytics. Cloud and open source analytics are fueling new markets giving rise of new software providers in analytics with names like Board, Cloudera, EveryAngle, Enterra Solutions, FusionOps, Halo, Qlik, Spotfire, Transvoyant, Trifecta, and Trufa. New solutions offer great promise.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Analytics Supply Chain Planning Software 150

Procurement Academy

JANUARY 9, 2025

Select agreed-upon metrics such as material quality or delivery time and monitor as often as possible. Capability 5: Sustainability and Ethical Sourcing Sustainability has, most recently, become one of the most impactful changes in modern supply chain capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

Talking Logistics

DECEMBER 5, 2017

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. Most systems are flexible enough to merge data from external sources into the algorithm architecture.

Prescriptive Analytics Software 154

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 154

Jaggaer

OCTOBER 23, 2024

ESG Sustainability Reporting As procurement’s intelligent source-to-pay and supplier collaboration platform, JAGGAER One enables customers and stakeholders to achieve their environmental, social, and governance (ESG) objectives by simplifying, automating, and embedding sustainability principles directly into our software solutions.

Sustainability 52

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

QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics. It also enables better demand forecasting and planning.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 98

RFgen

DECEMBER 19, 2024

Consider solar panels and other renewable energy sources. Adopting renewable energy sources reduces reliance on fossil fuels and contributes to a smaller carbon footprint. Remember, successful warehouse optimization is an ongoing process, requiring commitment, continuous improvement, and a willingness to adapt to change.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

ivalua

AUGUST 1, 2022

In doing so, they have improved supplier collaboration and created a greater capacity for resilience, innovation, and continuous improvement. . When supplier management operates in a silo–disconnected from all other procurement processes (from sourcing to payment), it captures only a fraction of the value.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

Logility

MARCH 31, 2022

There are obvious risks involved in sourcing goods from other countries. Many businesse s today source goods or services from a third party overseas , and there is obvious risk involved. Likewise, throughout your relationship, report cards should be kept to calculate a score card index based on established performance metrics.

Vendor Strategies 26

Vendor Strategies Global Supply Chain Design Software Supply Chain Planning Software 26