Definition Eliminating Excel in Purchasing Manufacturing Procurement 
Supply Chain Shaman
DECEMBER 15, 2022
As an analyst, I am always searching for answers and clear definitions. ” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” ” Sound familiar? To help, I will ask, “How do you define value?”
Supply Chain Shaman
MARCH 21, 2024
During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of executive buy-in.
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Supply Chain Shaman
APRIL 9, 2021
of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%
Supply Chain Shaman
NOVEMBER 15, 2023
When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. What do they have in common?
Supply Chain Shaman
FEBRUARY 1, 2024
Definitions Before we move to the discussion of the actions to take, let’s get clear on some definitions. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to receive a purchase order confirmation.
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!
Supply Chain Shaman
SEPTEMBER 27, 2021
The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing.
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