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.

Supply Chain Planning Software 391

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 391

Logistics Viewpoints

JANUARY 29, 2025

It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.

Study 272

Study Global Supply Chain Planning Software Modeling Software 272

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

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Precoro

MAY 13, 2025

Cost-efficient meaning Formula for cost efficiency Cost-effective definition Formula for cost-effectiveness Cost efficiency online calculator Benefits of cost efficiency for your company Steps to improve cost efficiencies Frequently asked questions about cost efficiency Cost-efficient vs. cost-effective: What's the difference?

Sourcing Strategies 45

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Negotiating Skills 45

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision.

Supply Chain Planning Software 417

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Logistics Viewpoints

AUGUST 13, 2024

The three steps in realizing the vision are 1) flexible, reconfigurable plant; 2) global manufacturing networks of flexible, configurable plants; 3) the integration of the previous step with digital, certified, encrypted product definitions. The result enables to make any product, any time in any location, with genuine product certificates.

Supply Chain Network Software 311

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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. When he speaks of the supply chain, he means procurement. We can never have great discussions unless we are clear on definitions. What do they have in common? This is his world.

Supply Chain Planning Software 419

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Supply Chain Shaman

JUNE 3, 2024

A Closer Look at Digital For a decade, I have struggled to get a clear definition on the digital supply chain. Definition: With reference to a dog used for hunting game, the colloquial American-English phrase that dog won’t hunt , and its variants, are used to express the opinion that a particular plan or approach will not succeed. (The

Supply Chain Planning Software 369

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Supply Chain Shaman

DECEMBER 30, 2014

The reporting of manufacturing and procurement organizations through the supply chain leader has the probability of the flip of a coin. There is only a 50% chance that manufacturing or procurement are one of these functions reporting through the supply chain organizations. However, ever so-slowly, things are changing.

Agile and Lean Supply Chain 321

Agile and Lean Supply Chain Supply Chain Strategy Manufacturing Procurement Supply Chain 321

Supply Chain Shaman

NOVEMBER 11, 2020

This is true even though we are not clear on the definition of next-generation processes. Business leaders wrap the discussions in pretty platitudes like end-to-end supply chain management, control towers, and customer-centric supply chains, but most are hollow words without clear definitions. Then I talked with Rob, the Coupa CEO.

Supply Chain Design Software 362

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Enterra Insights

NOVEMBER 14, 2024

We are not clear on definition. … So, if you use [my] definition, you might ask, how are we doing commercially against this goal? ” • Evaluate and adjust procurement category strategic responsibilities. Another EY analyst suggestion involves procurement. The reason?

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

Kodiak Hub

OCTOBER 29, 2024

As supply chains become more complex and globally dispersed, Supplier Management has transformed from a basic operational task into a critical strategic function in Procurement and Supply Chain Management. But what exactly does Supplier Management involve?

Supplier Management 40

Supplier Management Procurement Supply Chain Global 40

Supply Chain Shaman

JANUARY 21, 2014

Slowly the words take definition in everyday speech. Many supply chain consultants will quickly rattle off case studies and proof points, but the smart supply chain leader will ground the discussion with clear definitions. Learning to speak a new language is similar. Conversations are strained. Mistakes are made. Pauses are awkward.

Supply and Demand 393

Supply and Demand Modeling Demand Planning Software Forecasting 393

Supply Chain Shaman

JUNE 9, 2023

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. I term this bi-directional orchestration.

Optimal Sourcing 363

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 363

Supply Chain Shaman

APRIL 18, 2023

Challenges Traditional definitions of supply chain excellence focus myopically on cost but are too slow in making decisions in inflationary periods. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. United States Inflation Rates and GDP Inflation is the highest in forty years.

Supply Chain Planning Software 418

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Supply Chain Shaman

JULY 13, 2023

While teams wave their hands and talk digital, I find digital projects ideas lack definition, clarity of process, and success. Let’s start with a clear definition. The primary investments are in networks of limited capabilities based on EDI, and indirect procurement spend management. Can we supercharge this? I think maybe.

Optimal Sourcing 368

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Procurement Academy

JANUARY 16, 2025

Looking to improve operations and achieve cost savings within your procurement processes? A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. What is the Purpose of a Process Audit Report?

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

QAD

JANUARY 16, 2025

Despite its success, KION faced significant challenges in managing its extensive supplier network and procurement processes. For the mitigation of supply chain and business risks , we need closer integration and easy collaboration with our suppliers, said Jens Brethauer, VP of e-Procurement & Digitalization at KION.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Negotiating Skills 52

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

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Supply Chain Shaman

MARCH 12, 2019

The confusion starts when a supply chain leader states the need for improved visibility without a clear definition. In 2004-2006, Greg Aimi (now a Gartner analyst) and I worked on a common definition of visibility for over a year. Control tower , by definition, is similar. The focus of this post is to drive clarity. >

Prescriptive Analytics Software 222

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 222

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 312

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 312

Supply Chain Shaman

SEPTEMBER 3, 2018

Let’s Start with Definitions: One of the difficulties in supply chain is the lack of common definitions. To help the reader, let’s start with definitions used in our research: Efficiency. Companies that outsource procurement and focus on transactional supplier management are less agile and struggle to be adaptable.

Supply Chain Planning Software 377

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SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 94

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 360

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 360

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. Are the plans executed?

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 377

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

Supply Chain Shaman

MARCH 21, 2024

The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. The students learn that there is no definition of end-to-end planning because the current taxonomies for modeling are fragmented. Clear charters and definitions matter. Value may be in conflict with other teams.

Inventory Reduction 435

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SCMDOJO

DECEMBER 14, 2023

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage. Each type of lead time can impact the global process.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 98

Supply Chain Shaman

JULY 31, 2024

Define the roles of the regions/divisions and global organization by division, and align the manufacturing, distribution and procurement functions. Instead, the best results happen through training, alignment, and process definition of how to use planning systems help to drive better decisions.

Supply Chain Planning Software 415

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ivalua

JUNE 6, 2022

The simplest definition of quality,” Joe Yacura said, “is whether or not the data meets your requirements.” Only after the contract has been signed does procurement start raising relevant questions around data. The post Is Your Procurement Data Fit for Purpose? This blog post was originally published at artofprocurement.com.

Optimal Sourcing 130

Optimal Sourcing Procurement Data Pharmaceutical 130

Logistics Viewpoints

AUGUST 16, 2021

ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. What is this Market? The solution is called a supply chain collaboration network (SCCN).

Gartner 306

Gartner Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 306

Supply Chain Shaman

APRIL 29, 2024

Be very clear on the definitions, root issues, and desired outcomes. Don’t run a selection process through procurement or finance. Source: Horse for Courses definition Oxford Dictionary .” Then socialize the work internally to the organization to get a greater understanding. Avoid pitfalls. Listen and learn.

Supply Chain Planning Software 419

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 419

Supply Chain Shaman

JUNE 6, 2013

For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. They also are clear that the supply chain is defined outside-in based on the channel requirements and the underlying rhythms and cycles of fulfillment, manufacturing and procurement. Many are not.

Supply Chain Planning Software 331

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 331

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

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. Use this data as an input to safety stock calculations, procurement decisions, and production planning. I don’t think companies hold themselves accountable enough for the waste created by word salad.

Supply Chain Planning Software 393

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 393

Supply Chain Shaman

NOVEMBER 6, 2012

While positions in customer service, transportation management and procurement are relatively easy to fill, the positions in mid-management, especially in supply chain planning leadership, are growing more difficult to recruit. The answer lies in cross training, clear job definition with skill progression, and skill building.

Supply Chain Planning Software 266

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130