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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

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Future Procurement Capabilities: Supply Managers Need to Think like CFO’s

Supply Chain View from the Field

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

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Post Award Contract Management: Soft Skills Differentiate Success

Supply Chain View from the Field

I recently spoke with an oil and gas executive, who shared with me his thoughts on post-award contract management. He noted that “Demand management and specification management are some of the biggest problems encountered in post-award contracting.

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What Value Are You Getting From Planning?

Supply Chain Shaman

Operations complexity coupled with the rise in demand volatility increases corporate risk. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Additionally t he move from regional to global supply chain management decreased visibility. Reference Figure 1.

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No Easter Bunny?

Supply Chain Shaman

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. In the digital transformation these traditional applications manage low-velocity transactional data. This is the world view of finance and why there is so much friction between procurement and finance.

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A Tale of Two Procurement Books: Cox’s Sourcing Portfolio Analysis (Cox) & Strategic Sourcing in the New Economy (Keith et al.)

Supply Chain View from the Field

A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. These topics are emerging in the context of the new view that procurement is about building value for the enterprise.

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Artificial Intelligence (AI) in Supply Chain & Logistics Supply

ThroughPut

At the same time, according to a recent study, annual Industrial IoT (IIOT) spending by growing companies is estimated to be a whopping $500 billion by the year 2020. 2) Inventory and Demand Management. As global supply chains are increasing in complexity, the margin for error is rapidly shrinking. Evangelist.