Remove Education Remove Eliminating Excel in Purchasing Remove Procurement Analytics
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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” ” Traditional planning models optimize functional processes to improve cost and customer service. You are right. Or the use of AI to improve supply chain planning.

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Step Past AI Hype Drive Real Value

Supply Chain Shaman

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. ” My problem is that we move through these hype cycles with little accountability for spending and with a major opportunity cost to not redefine work. Wrap-up Before you hit the show floor, educate yourself.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

I know that your primary focus is procurement. The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity. ” Anna, this blog post is for you.

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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The Supply chain leader wants Technology from Company C, and the demand planner intends to purchase a solution from Technology Solution D. Avoid Badly Written RFP Bake-offs.

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A Detailed Comparison of edX Supply Chain Courses vs. SCMDOJO Academy

SCMDOJO

While edX is a well-known general online learning platform that offers a broad range of courses, SCMDOJO is a dedicated platform solely focused on providing high-quality education and resources for supply chain professionals. A general platform covering various subjects, including supply chain. SCMDOJO doesn’t just offer video courses.

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The New Procurement Reality: Managing the Supply Chain with Artificial & Human Intelligence

Jaggaer

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.