Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. Next Steps: Start to model demand based on market data to align the organization on baseline demand.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

Supply Chain Shaman

FEBRUARY 7, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain View from the Field

NOVEMBER 6, 2015

The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as their Chief Procurement Officer. Also joining us will be Michael O’Leary, Director of Procurement Solutions at IBM.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Analytics Software Optimal Sourcing 60

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Stay Flexible.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. Recycling and reuse lend themselves to innovation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. Next, the enterprise can set targets.

Cost Reduction Strategies 212

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 212

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Enabling Data-Driven Decision-Making . Remote Tendering and Shipment Execution .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Supply Chain Movement

AUGUST 31, 2016

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Procurement Automation.

Procurement 60

Procurement Internet of things Supply Chain Software Supply Chain Network Software 60

ivalua

SEPTEMBER 22, 2022

In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Build a Solid Data Foundation. Data will almost certainly come from a variety of sources – the supplier, employees and a range of 3rd party sources.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Learn how data can drive your roadmap with our survey, “ Digital Transformation: How Close Are We? ”. way that procurement organizations are?organizing

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Supply Chain Game Changer

NOVEMBER 28, 2018

The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Resources spent/gains made on the road to innovation are, therefore, sustained exclusively by the internal entity.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

Material Handling & Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Supply Chain Movement

FEBRUARY 2, 2016

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Procurement Automation. Internet of Things (the impact on procurement). Procurement Advocacy and Stakeholder Engagement. Getting to Grips with Cloud-Based Procurement. Social Media for Procurement.

Procurement 60

Procurement Internet of things Supply Chain Software Risk Management 60

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

FEBRUARY 14, 2022

I also share data to try to convince you to join a guiding coalition to think bigger. Sales data has the greatest bias and error due to bonus incentives. Organizations can align to drive value despite the allegiance to functional metrics. Without clear governance, customer data never sees the light of day. Measure it.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

Logistics Viewpoints

JUNE 1, 2021

Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions. The solution lies where every good solution lies nowadays: Data, Machine Learning & Artificial Intelligence. This is where promotion planning software plays its part.

Inventory Management Software 186

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 186

Proxima

MAY 15, 2020

Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. Embrace Innovation to unlock new sustainable value. Sustainability is part of the new innovation playground that looks at the top and bottom line. ISO 20400.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Sustainability 94

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. As the industry evolves and innovations improve, OTR freight management technologies offer?? transportation metrics ?that Enabling Data-Driven Decision-Making. ?Access Why Strategic Partnerships Enable OTR Freight Management.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Sustainable procurement is one of the four themes of our assessment; it has its own theme score and is included in the overall rating.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Ensure compliance with business and regulatory requirements.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit, Crisp’s Head of Supply Chain Barry Bradley gave brands a step-by-step guide to running a data-driven operations team. The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. The Power (and Pain) of Data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Today this rarely exists.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Shaman

NOVEMBER 21, 2017

Innovative startups. Artificial Intelligence innovators. This transfer of ownership reduced the effectiveness of procurement. Here is what I hear on calls: Having the digital innovation team in the IT organization is like drilling a hole in bedrock. Innovation will never come from application consolidation.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 152

The Logistics of Logistics

NOVEMBER 5, 2021

He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. Podcast, which focuses on trends and innovations in supply chain and logistics. Cassandra Gaines. LogisticsMatter. Arrive has been recognized by Inc.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . The post-pandemic context.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

ThroughPut

APRIL 30, 2024

It helps address disruptions and promotes innovation. Together these capabilities facilitate better demand forecasting and planning, inventory management, procurement, and logistics, and augments visibility across the supply chain – far better than any technology or human has managed to do till date.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

OptiProERP

DECEMBER 20, 2023

By offering a holistic approach to product management, ERP facilitates data-driven decision-making, enhances collaboration, and ensures operational efficiency throughout the product’s lifecycle. It is a strategic framework for organizations to effectively manage and leverage product-related data and information.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52