HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

EcoVadis

FEBRUARY 28, 2018

With the supply chain representing 50 to 70 percent of a company’s sustainable footprint , implementing sustainable procurement practices is the most effective method for making real progress toward sustainability. There are a few steps to keep in mind when implementing a sustainable procurement program.

Electronics 63

Electronics Optimal Sourcing Sustainability Resource Reduction 63

EcoVadis

SEPTEMBER 4, 2019

Data from this year’s Sustainable Procurement Barometer shows there’s a clear ROI for moving along the sustainable procurement maturity curve. . The fact that leaders are successfully implementing these policies and tools show how critical they all are for driving higher levels of sustainable procurement performance. .

Supply Chain Planning Software 45

Supply Chain Planning Software Optimal Sourcing Modeling Software Supply Chain Software 45

EcoVadis

SEPTEMBER 12, 2019

Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Nearly half of procurement organizations (45 percent) indicated they only have visibility into tier-1 suppliers. The roadblocks are limiting sustainable procurement value and ROI.

Optimal Sourcing 40

Optimal Sourcing Sustainability Procurement Supply Chain Planning Software 40

ThroughPut

APRIL 30, 2024

Together these capabilities facilitate better demand forecasting and planning, inventory management, procurement, and logistics, and augments visibility across the supply chain – far better than any technology or human has managed to do till date. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

SCMDOJO

APRIL 11, 2023

At a Glance: We’ll be discussing some of the best supply chain management online courses from around the world from some of the most renowned platforms in education and supply chain, including SCMDOJO, CIPS, Coursera, MITx etc. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

NC State SCRC

SEPTEMBER 15, 2017

Although RACI “charts” are often viewed as irrelevant and bureaucratic, they can provide an important clue regarding the “decision-rights” for procurement and contracting decisions. This is particularly true for sales people.

Optimal Sourcing 40

Optimal Sourcing Negotiating Skills Procurement Sourcing Strategies 40

ivalua

FEBRUARY 24, 2021

But procurement organizations often fall into the trap of focusing on short-term cost reduction strategies, and in doing so, fail to reap the benefits of strategic supplier relationships. In some organizations, this task belongs to Procurement, and in others the responsibility lies with the AP team. Inquiry about payment status?

Cost Reduction Strategies 130

Cost Reduction Strategies Resource Reduction Negotiating Skills Optimal Sourcing 130

Supply Chain Shaman

JULY 30, 2022

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background. Investment in control towers.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Elementum

MAY 17, 2018

It involves universities and corporations working together to provide the right education, understand how to evaluate performance, and change the public perception of what “supply chain” really means. Talent shortage in the supply chain industry is not a problem that can be solved overnight.

Supply Chain 60

Supply Chain How To Manufacturing Procurement Buyer Training 60

Kinaxis

SEPTEMBER 23, 2015

Economists seem divided about whether existing metrics are sophisticated enough to properly measure the link between technology and job loss. It’s true that more transactional Supply Chain related roles (such as Procurement Clerks and Warehouse personnel) are under threat of automation. workers’ jobs, will be threatened by automation.

Supply Chain Software 100

Supply Chain Software Buyer Training Price Mitigation Strategies Training 100

ToolsGroup

MARCH 1, 2016

The reading audience is global, and spans a wide variety of roles: procurement, supply chain strategy and planning, product management, logistics and transportation, customer service, and others. We talked to Bob to see what we might learn from that experience. What is the makeup of your blog audience?

Supply Chain Planning Software 120

Supply Chain Planning Software Predictive Analytics Software Analytics Software Supply Chain Software 120

Supply Chain Shaman

MAY 7, 2015

The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics. It requires education of the organization and a strong leader that can orchestrate functional targets.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Agile and Lean Supply Chain 150

Elementum

FEBRUARY 8, 2016

It involves universities and corporations working together to provide the right education, understand how to evaluate performance, and change the public perception of what “supply chain” really means. Talent shortage in the supply chain industry is not a problem that can be solved overnight.

Supply Chain 60

Supply Chain How To Manufacturing Procurement Buyer Training 60

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it.

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. SLAs should cover key metrics such as on-time delivery, order accuracy, inventory accuracy, and customer service responsiveness.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 91

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). What synergies exist between us? (

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Map all supplying sites. Measure water usage at all supplying sites.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

Talking Logistics

FEBRUARY 18, 2015

If you think about it in terms of Total Cost Management/Spend Management, when you start to talk about things like contract negotiation, having better insight into your spend, and understanding the metrics around it, all of which obviously provides valuable insights and helps you with those negotiations. There’s also process improvement.

Supply Chain Visibility 100

Supply Chain Visibility Negotiating Skills Optimal Sourcing Supply Chain Optimization 100

GlobalTranz

DECEMBER 29, 2014

This is why, for Cerasis, it is KEY for us to educate you on this practice of reverse logistics, because this flow of logisitcs will only increase over the coming years. Instead of becoming overwhelmed with data, managers should identify and focus on the most useful warehouse metrics to gather, report, and apply. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Game Changer

NOVEMBER 16, 2018

In the situation I was in there were obviously no metrics that were being reviewed and used. There are many metrics that are very helpful including: Cash dollars and days of supply. You need a clearly defined set of metrics that are measured and reviewed regularly. Accounts Receivable dollars, days of supply, and past due.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

SupplyShift

MAY 27, 2021

Elevate the Role of Procurement. Procurement professionals’ position of leverage with suppliers gives them a unique ability to normalize sustainable procurement practices and redefine global supply chains. On Procurement and Engagement with Small Suppliers.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software 52

EcoVadis

JULY 11, 2016

This workshop brought together Global Compact LEAD companies and other members convened to define and bring urgency to sustainable procurement, and to discuss how they can motivate and mobilize their companies to address this next frontier in Corporate Social Responsibility (CSR) progress.

Procurement Analytics 40

Procurement Analytics Sustainability Pharmaceutical Supply Chain Strategy 40

Talking Logistics

JANUARY 5, 2014

You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. At an MIT conference last year, Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Supply Chain View from the Field

MARCH 13, 2015

I had the opportunity to speak today with an educated economist who works for the US Soybean Board. Looking at vegetable oils, with a global population of 7B people, each consuming the recommended 40g of dietary fat per day, 365 days per year, would require just over 100M metric tons of oil.

Sourcing Strategies 60

Sourcing Strategies Food Haiti Forecasting 60

Talking Logistics

JANUARY 4, 2016

You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. At an MIT conference [in 2013], Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

Vanguard Software

JULY 6, 2021

The cross-functional structure that facilitates integrated demand and supply planning also helps organizations focus on customer-centric metrics that create higher value for both companies and customers. Improved value creation. Focus on profitability. Wolters Kluwer’s Vanguard solution is a model example.

Supply and Demand 52

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 52

SupplyShift

MAY 27, 2021

Elevate the Role of Procurement Procurement professionals’ position of leverage with suppliers gives them a unique ability to normalize sustainable procurement practices and redefine global supply chains. This is especially true when it comes to Scope 3 emissions reduction.

Resource Reduction 40

Resource Reduction Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software 40

NC State SCRC

OCTOBER 8, 2019

Gene Richter is widely known as one of the world’s true procurement gurus, and I was privileged to have known him when he came to speak several times at Michigan State during the 1992-1999 period when I was there. And when I say value, I mean more than just cost savings, or the infamous “purchase price avoidance” metric.

Procurement Analytics 8

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 8

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. This is the world view of finance and why there is so much friction between procurement and finance. Let’s start by addressing the barriers. Barrier #1. Inside-out Thinking. It is not sufficient.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Brain

JANUARY 22, 2018

expertise, that’s education. I would say that there’s a greater awareness in the education industry of the need for I.T. And businesses themselves need to step up in-house training, and take greater advantage of certifications that are available to those seeking extended education. In the case of I.T. business landscape.

Supply Chain Planning Software 40

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 40

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. If you have the ability, time, and money for tertiary education, that’s really good. Streamline standards , including in procurement, packaging, and delivery.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Requis

OCTOBER 30, 2020

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

EcoVadis

JANUARY 20, 2015

Procurement can be a key driver if the right resources, processes, incentives and metrics are established. That is why industry leaders are thinking about innovation as an integral and inseparable part of their supply chain and Sustainable Procurement approach. Closer Relationship With Suppliers. Build Your Own Best Practice.

Innovation 40

Innovation Demand Planning Software Optimal Sourcing Supply Chain Software 40

Claritum

NOVEMBER 14, 2019

Claritum Article - Procurement Blog. Recommends quality metrics and ensures quality metrics are documented and tracked. Provides input to the development of information quality metrics. Technical Experience. Responsible for reporting data management . Experience designing ETL systems. SQL Experience. Change data capture.

Analytics Software 32

Analytics Software Metrics Quality Analysis 32

Elementum

FEBRUARY 7, 2024

Procurement: Automation streamlines procurement, from supplier selection to purchase order processing, improving speed, compliance, and cost efficiency through intelligent analysis. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78