ivalua

JUNE 29, 2020

According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. According to 2019 Definitive Healthcare data, U.S. Across this supply chain there is typically a lack of visibility due to siloed information and data. The only way to really understand that is data.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

SCMDOJO

MARCH 19, 2024

Data-Driven Decisions The structure provides a framework for collecting and analyzing data across the supply chain. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. forecasting product sales at 10,000 stores.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Logility

DECEMBER 29, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Here it is again: there’s an asset that many manufacturers have not yet optimized – their own data. Managing Your Data. How can manufacturers manage disruption and improve productivity?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Logility

DECEMBER 28, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Here it is again: there’s an asset that many manufacturers have not yet optimized – their own data. Managing Your Data. How can manufacturers manage disruption and improve productivity?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Somewhat nailed it.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

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

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Shaman

FEBRUARY 27, 2020

Here, I postulate that the supply chain dragon is data. Supply chain leaders are drowning in data and low in insights. Each survey that I do comes back with data as a major challenge. How do we harness the power of data with new forms of analytics? In Figure 1, I show results from a recent S&OP study.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Supply Chain Shaman

MAY 21, 2013

In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. Data driven discussions on patient satisfaction, readmittance rates and hospital-induced infections will be transformative. The focus has been on sourcing and managed costs.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Elementum

FEBRUARY 7, 2024

These tasks range from simple data entry activities to more intricate operations like managing the supply chain. Robotic Process Automation (RPA): Simplifying Tasks within BPA RPA, while limited to rule-based tasks, becomes a powerful tool when integrated with ML, handling data entry, and simple queries efficiently.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

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. Supply chain management requires good data at the mix level of an item/location. The data in Table 1 is from a recent research study.

Supply Chain Design Software 183

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

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. While budgetary restrictions can stop you from taking advantage of volume discounts offered through bulk purchasing, holding too much inventory ties up cash flow that could be better used elsewhere in the business.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SupplyPike

MAY 14, 2020

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. In the case of online shopping, consumers expect excellent service, on-time supply, and convenient return procedures for unacceptable items. Learn about.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. The CPG supply chain generates volumes of data that—when leveraged correctly—can be a differentiator for brands. What is Logistics Data? Learn More.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Supply Chain Shaman

MAY 2, 2016

With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). Avoid buying software from a consulting company. Do not buy software based on partnerships. Open source needs maintenance. They are very different.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

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

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Calculating the reorder point in Excel. Calculating the reorder point in Excel – a caveat. Source from local suppliers. Reorder Point = 50 bags.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

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? Source: Supply Chain Quarterly 8.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). However, localized sourcing shortened leadtimes and improve responsiveness.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

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. Map the data and the processes outside-in. Forms of Channel Data.

Supply Chain Design Software 150

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

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

FEBRUARY 16, 2016

Yet, within the supply chain, everyone waits for data and insights. Historically, supply chain processes were functional focused on make, source and deliver. As a result, analytics are usually based on historic data with outputs having a one- or two-day lag. I reflected. No one waits for a picture. It is sad, but true.

Supply Chain Design Software 150

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

Supply Chain Shaman

NOVEMBER 9, 2014

This team is not buying the message. The team was organized around the functional silos of source, make and deliver. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. When all functions are jointly focused on improving these metrics, then we can have one team.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Metrics comparison of Kellogg Co. You got it! vs. General Mills, Inc. A Case Study.

Supply Chain Planning Software 259

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

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. If the organization is used to doing certain things in Excel, just automating the same process will not be sufficient. The last success factor is data.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Supply Chain View from the Field

JANUARY 14, 2015

ERP systems are generally thought of as large systems with transaction processing and data structure capabilities that promote intra-organizational communication. Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al.,

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The data sets are larger and more complex. Disintermediation.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Movement

AUGUST 31, 2016

Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60