Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. Subscribe Here! Email Address.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 249

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 249

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence.

Customer Service 287

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 287

Supply Chain View from the Field

OCTOBER 3, 2013

We recently had a senior data analytics professional from a large financial services organization speak in my MBA Supply Chain relationships class. The scope of the datasets his team was working on was limited to supply management, but the sheer volume of data was staggering in its complexity and fragmentation.

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

Supply Chain Shaman

DECEMBER 13, 2015

There is no system of record for data over time, and the use of a portal gives the posting company a false sense of effectively communicating. We can connect through EDI, but a document has latency and limitations for unstructured data. Today, 7% of order and purchase order flows move through business networks.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Enterra Insights

JUNE 13, 2018

What is much easier to measure is cost — so that’s what drives the metrics and incentives.”[1] Ben Sillitoe ( @BSillitoe ), Editor of Retail Connections , insists the end game is leveraging the power of data throughout an organization. “The use of channel data to translate market shifts without latency.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

Synovos

FEBRUARY 21, 2023

Better Data for Better Decision-Making Similar findings emerged from the PwC 2022 Digital Procurement Survey , which reported that 77% of companies are now equipped with source-to-pay digital solutions and procurement departments around the world are setting ambitious digitalization objectives for 2025. He is not alone.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The movement of data in ERP technologies is from the enterprise out. By definition, ERP infrastructure is inside-out.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Talking Logistics

NOVEMBER 10, 2014

Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. BASF’s goals included: Automating the end-to-end Purchase-to-Pay process from purchase requisition to invoice. Improve process quality for vendors and BASF.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. Next, the IT department worked on the issues of infrastructure, risk, data security, cloud storage, and data sharing. The project became a means to an end to drive data-driven processes. Today, I got a quick email from Peggy Gulick. She had some exciting news.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Access to data on supplier performance, market trends, and cost analyses enables leaders to optimize procurement strategies for improved efficiency and effectiveness.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Precoro

AUGUST 15, 2022

Enterprise resource planning systems are essential to companies because they help them efficiently track business resources — cash, raw materials, or production capacity, and the status of business commitments : orders, purchase orders, and payroll. Data Reliability and Greater Visibility.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

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. Business insights : A well-organised reverse logistics process will give you valuable data to help you streamline your operations further.

Reverse Logistics 98

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

3rdwave

JANUARY 23, 2019

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document.

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 86

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. meaningful and accurate performance metrics. reputation for excellence in reverse logistical results. meaningful and accurate performance metrics. reverse logistic cycle time control.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. About twice a month, companies ask me to review their strategy documents. In Agrosciences is the customer the distributor of seed/additives, the farmer or the downstream purchaser of food products? I am on a mission.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Taulia

NOVEMBER 28, 2021

By regularly monitoring the average amount of inventory you hold, perhaps monthly, you can determine whether you’re over- or under-buying and iron out the spikes and drops to make your approach to inventory management more efficient. Measured by counting the number of times an order goes unfulfilled because of a lack of inventory.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

6 River Systems

JUNE 29, 2020

The next-gen supply chain model is a networked ecosystem – suppliers, partners, manufacturers, distributors and retailers will all have access to relevant cloud-based data to make the best decisions based on real-time signals.” Automate elements of your supply chain for better data. EY; Twitter: @EYnews 6. Consider localization.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain View from the Field

JULY 22, 2015

Instead, the buying company should be aware of “hidden costs” to the contract, which often pop up unexpectedly once the contract is in full swing. Data Security and Rights. At a bare minimum, the client owns their data and can get it back in a timely fashion. How often are we going to review them?

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

6 River Systems

JULY 25, 2019

“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. However, we’re starting to leave the era of big, centralized data that is entirely controlled by a few large entities. She is now an Editor at Aggregage for the site Supply Chain Brief.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

ShipBob

NOVEMBER 6, 2023

This documentation accounts for any units that are in transit and also in case anything is lost or damaged in transit. Match invoices to shipping log You’ll want to double check your purchase orders or invoices against your shipping log to make sure there aren’t any discrepancies. Learn more about inventory reconciliation here.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

OCTOBER 7, 2012

Decrease data latency and friction between organizational silos. Design the supply chain outside in with the processes minimizing data latency and maximizing cross-functional process understanding to minimize the impact of organizational silos. Q: You mention that Executive Buy-in is the biggest stumbling block.

Supply Chain Design Software 229

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 229

Supply Chain Shaman

AUGUST 21, 2015

Since the last report, Kinaxis successfully launched an IPO on the Toronto Stock Exchange, E2open launched an IPO and then went private with a buy out by Insights, IBS and Steelwedge sought new rounds of capital, and WAM Systems and Acorn Systems have new owners. Data visualization is quickly advancing in the tools.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement helps to determine which goods or services to select, from which suppliers, and how much to pay based on data about vendors, market, pricing, and other vital factors. Green Purchasing. What is the Purpose of a Procurement Strategy?

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

3rdwave

JANUARY 23, 2019

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 40

Precoro

NOVEMBER 20, 2023

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system. She and Ms.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

TrackVia

AUGUST 17, 2023

Regulatory Compliance: In certain industries, regulatory compliance requires accurate documentation of assets. Detailed Information: The inventory includes detailed information about each asset, such as make, model, serial number, purchase date, warranty details, and maintenance history.

Asset Management 98

Asset Management Analytics Software Predictive Analytics Software Optimization Software 98

ShipBob

NOVEMBER 15, 2021

Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics. Similarly, meeting customer demands builds customer satisfaction and loyalty, increases the likelihood of repeat purchases, and usually leads to more sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Trend

NOVEMBER 14, 2016

This was an area where there was virtually no documentation or assistance avallable other than some flow maps on MRP and MPS – which were already well understood. The process is implemented because its deemed the right thing to do, but there is limited belief and buy-in by the executives. I’ll talk more about this later.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Resource Reduction 60

6 River Systems

FEBRUARY 25, 2019

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. . We also use contractors to provide data coding services. William Crane. williamcranejr. Sankar Gopinath.

Optimal Sourcing 55

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

Precoro

DECEMBER 12, 2023

And the manual tracking of financial metrics for investors proved to be a cumbersome process. he had firsthand experience with the software and had no doubt Precoro would also be an excellent fit for Electra. Additionally, all the big purchase orders are negotiated by me, and I place the purchase orders as well.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

synchrono

DECEMBER 18, 2017

So, once you have universal buy-in on the project (see Guest Blog1: Real-world Advice for Getting Started on eKanban ), the first step toward execution is to develop a good process, or value-stream map. For an eKanban project, this would involve documenting the flow of the current, manual Kanban process. (If Monitor your metrics.

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

Supply Chain Shaman

JULY 22, 2016

On an ongoing basis I view supply chain strategy documents. To move the product, the company discounted the cars to stimulate purchase. While marketing is focused on advertising and campaigns, marketing processes are often working with demand data which is weeks and months old. What is it? It is the river of “demand.”

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Logistics Bureau

JULY 11, 2018

Others wave their hands and announce sweeping megatrends that sound impressive, but that lack supporting data. More and more transactions, operations and processes are conducted within IT servers and data centres. BRICs Are Moving to Buying, Not Just Making. A Different Perspective on Business Trends and Supply Chains.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software Trends 84

Tailwind

JULY 23, 2018

He shared some metrics with me from another sector of software that were quite startling to me. So, it’s the ‘bringing it all together’, centralizing all the data all in one location that can drive value for the business. You may have some important documents stored in a filing system. There are a few ways to value a business.

Data 32

Data Eliminating Excel in Purchasing Just-in-Time Software 32

TrackVia

AUGUST 17, 2023

Regulatory Compliance: In certain industries, regulatory compliance requires accurate documentation of assets. Detailed Information: The inventory includes detailed information about each asset, such as make, model, serial number, purchase date, warranty details, and maintenance history.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52