Education Inventory Procurement 
Supply Chain Shaman
JANUARY 7, 2025
For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? I think the rewiring starts with the education of the executive team, and that process should follow strategy. You are right. The reason? What should we do?
Precoro
DECEMBER 24, 2024
Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SCMDOJO
OCTOBER 30, 2024
Preparing the next generation to excel in this dynamic field requires more than traditional education methods. Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts.
Supply Chain Brain
JULY 1, 2025
By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.
Supply Chain Shaman
SEPTEMBER 13, 2023
I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.
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 Shaman
JUNE 26, 2025
Table 1: Aligning the Organization to a Balanced Scorecard to Maximize Market Potential When we isolate the impact and only focus on only operating margin/inventory turns compared to a focus on cost of goods/inventory turns (as shown in Table 2), the impact is a 63% reduction in market capitalization/employee.
Expert insights. Personalized for you.
367 
Let's personalize your content