Supply Chain Shaman

SEPTEMBER 27, 2021

Over the course of the five months, we iterated on the model over seven sessions. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

MAY 18, 2019

Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains. Don’t rush to buy. The result?

S&OP 176

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 176

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers. Image via StarAir.dk). Behind the Maersk shift.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! My passion for Logistics and Supply Chain is founded from.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

ivalua

MARCH 14, 2019

But now with strategic sourcing and category management, the process has become much easier to track, monitor and control. Add sourcing workflow to the mix, and introduce machine learning that can link directly to the supplier and track savings, then you can start to see where the science comes in. Register here for Ivalua NOW Paris.

Procurement Analytics 100

Procurement Analytics Procurement Purchasing Skills Eliminating Excel in Purchasing 100

SCMDOJO

JULY 26, 2023

As the evidence against Roman grows, he takes hostages to buy time while he investigates. The strength of excellent communication in high-stakes situations is demonstrated by Roman’s strong negotiating style and his capacity to establish relationships with both the hostages and his rival, Sabian.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. What is Strategic Sourcing? Strategic Sourcing does exactly the same by addressing the total cost.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. Purchasing vs Procurement When it comes to the procurement department, it’s essential to understand the difference between purchasing and procurement.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

Supply Chain Shaman

MAY 21, 2013

Over the course of the last week, I have been working on healthcare research. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. The focus has been on sourcing and managed costs. Originally healthcare suppliers sold to physicians.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Enterra Insights

SEPTEMBER 15, 2022

They explain, “The ability to deploy data as a competitive business asset is what has distinguished a set of well-established, data-rich companies who have reigned as market leaders over the course of the past several decades. … This requires having a roadmap to build (or buy) an enterprise-wide data platform.”

Analytics Software 147

Analytics Software Sourcing Strategies Supply Chain Design Software Demand Planning Software 147

QAD

OCTOBER 26, 2023

Computer chips were recently in short supply and the shortage list has included children’s pain relievers, EV components, eggs and, of course, toilet paper at times. For companies concerned with operational excellence — and profitability — this needs to change and many need to address global trade management complexities.

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

QAD

MARCH 30, 2023

They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan. The internal power sources in these tags sacrifice cost efficiency and lifespan to gain range, data storage and self-initiated broadcasting. This isn’t a task for an Excel spreadsheet.

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

ivalua

MARCH 28, 2019

Over the years, we have moved from the first spend analysis initiatives, laboriously building Excel-based “spend cubes”, through to today’s automated, cloud-based, AI-driven, integrated, holistic (add your own buzz-word here…) procurement platform. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Supply Chain Game Changer

JUNE 10, 2020

Side Note: we’re talking about pre- or post- COVID 19 of course). Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.)

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Logistics Viewpoints

MARCH 1, 2021

But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. It was predictable.

Modeling 179

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

Supply Chain Game Changer

APRIL 15, 2020

I don’t know about you, but I typically frequent the same store; the ICA in Täby, Sweden, and I’m there once every other week to buy groceries for the coming two weeks. Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season. Clustering allows for shorter agri-food supply chains and therefore lower costs, but also a source for synergy (through collaboration) and innovation.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

SCMDOJO

OCTOBER 27, 2023

Sustainability and CSR Negotiation: Negotiating terms related to sustainability, corporate social responsibility (CSR), and ethical sourcing. Alternative Sourcing Negotiation: This negotiation explores alternative sourcing options when necessary. E-Sourcing Platforms: E-sourcing platforms exist to ease the negotiation process.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Precoro

NOVEMBER 7, 2022

Of course not! What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Can a bakery produce bread without flour and sugar?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Source: Forbes: What Is The Kraljic Matrix?

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

QAD

JUNE 29, 2023

Those should include all aspects of the product’s life cycle, including dimensional characteristics, performance, durability, assembly, maintainability, serviceability, sustainability and sourcing. Knowing that, it is essential to make the right sourcing decisions based on factors such as quality, delivery, expertise, price and lead time.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

Kinaxis

MARCH 3, 2017

by Trevor Miles These were the words that popped out at me during an excellent presentation by Alex Brown of Xilinx during his keynote presentation. Alex addressed one aspect of this issue during his presentation when he discussed the Economic Order Quantity calculation, a classic of all Industrial Engineering and Operations Research courses.

Purchasing Skills 100

Purchasing Skills Forecasting Supply and Demand Optimal Sourcing 100

Alloy

FEBRUARY 4, 2024

It gathers and stores a tremendous amount of data from various sources, including customer transactions, loyalty card data, online interactions, and market trends. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. There are large meals to prepare, stockings to stuff, and presents to buy.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Talking Logistics

MARCH 5, 2018

The big question, of course, is how to get started. Too often companies think it starts with buying a new ERP or other enterprise software solution. This idea that you have to begin with buying a big new ERP or enterprise system is where many companies get stymied because of the potential high cost and long implementation times.

Supply Chain Software 113

Supply Chain Software Logistics Network Optimization Software Supply Chain Eliminating Excel in Purchasing 113

Supply Chain Game Changer

MAY 12, 2020

This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. We worked in the Commodity Management organization, responsible for Strategic Sourcing and Procurement. And Danny’s work in sourcing and procurement is at the centre of making that happen.

Canada 66

Canada Manufacturing Procurement Negotiating Skills Purchasing Skills 66

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Supply Chain Game Changer

SEPTEMBER 30, 2020

Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Sure, you can try and shuffle through the rows and columns of your Excel Hell, build custom algorithms, and visualize a bar chart.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Kinaxis

JUNE 30, 2017

There is omni-channel you can buy products anywhere, you can order stuff from your mobile phone and then get delivered to your home, and so on. In today’s world, with buy anywhere, pick up anywhere kind of paradigm, supply chains are a lot more complex. The data sources and the types of data are exploding, if you look at it.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 147

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. I strongly feel that a blind focus on functional excellence will cause the supply chain to become out of balance. Over the course of the last decade, we have gone backwards not forwards. One that is going to eat you up!

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Supply Chain Game Changer

JANUARY 21, 2021

Would you say that these factors equal a sum that is manageable with excel and homegrown solutions for supplier management? Of course not. Source: PwC 2019. Buying with trust and transparency, backed by data-driven insights, is a much sounder investment than going with your gut. Source: Deloitte CPO Survey 2018.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

MIT Supply Chain

NOVEMBER 13, 2023

Governments are taking steps to shore up national supplies of critical materials while companies are examining where they purchase materials and components. Often, these reviews lead to the establishment of new sources in other geographies, reshoring, and friend-shoring.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. How do they buy from you? How do they buy from you?” The journey began with a one size fits all approach in 2008, and the policies evolved over the course of the last seven years. Both improvement and performance define supply chain excellence. Why does it matter to you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Unleashed

JANUARY 4, 2022

A subset of eCommerce, social commerce supports engagement with consumers, and elicits user-generated social contributions to assist the buying and selling of products and services online. Ecommerce can’t provide the physical setting, of course, but it can use technology to give customers the next best thing online.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The Preamble. The River of Demand. #3

Supply Chain Design Software 183

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