SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

APRIL 21, 2024

Electronic order processing: This method integrates platforms that combine different parts of the ordering process, from order receipt, picking, packing and inventory management to dispatch, shipping, and customer service. By regular monitoring and analysis of these metrics, you can pinpoint inefficiencies and identify areas for improvement.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Shaman

NOVEMBER 21, 2017

This transfer of ownership reduced the effectiveness of procurement. Stalled progress on metrics: 90% of companies find themselves stuck on key supply chain metrics (cost, inventory, growth, ROIC). We need to challenge the fundamentals of the past and redefine the atoms and electrons of the processes of the future.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 152

EcoVadis

MARCH 17, 2011

The IT and telecommunications sectors have long been at the forefront of sustainable procurement, yet the pressure to successfully actualize sustainable practices along each stage of the supply chain (raw materials, manufacturing and end-of-life recycling) is intensifying.

Electronics 40

Electronics Manufacturing Procurement Procurement Analytics Supply Chain Planning 40

Taulia

NOVEMBER 2, 2020

The procure-to-pay process can be streamlined in a number of different ways, and one of the most important tools available is invoice automation. Solutions that can help companies achieve this range from user-friendly electronic invoicing solutions to cognitive invoicing tools that parse supplier invoices directly into the buyer’s ERP system.

Supply Chain Software 52

Supply Chain Software Optimal Sourcing KPI Optimization Software 52

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. ” Through this series of reports, we now can see that consumer electronics has pulled ahead of the pack. When companies look at singular metrics (labor costs or inventory), they have moved backwards.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

EcoVadis

MAY 19, 2016

Procurement technology should make it easy to source ethically. Supply chain transparency is one of the key challenges facing Procurement and Sourcing in the coming years. The same is true of Procurement solutions: the abilities – and limits – of the technology play a key role in shaping buyers’ expectations of their own abilities.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

Supply Chain Opz

JANUARY 8, 2015

In one high-tech medical electronics firm, an executive decision was made to penetrate a new market with products no other company offered. If the procurement function is focused on low-price instead of agility, then there’s no chance for success. Create the right metrics and monitor them.

Resource Reduction 100

Resource Reduction Price Reduction Cost Reduction Strategies Inventory Reduction 100

Enterra Insights

JULY 18, 2023

.” According to The Economist , “Water shortages, combined with reputational damage and regulatory overreach, could affect many hydro-dependent industries, from food production, mining and power generation to apparel and electronics. Stimulate private investment through blended financial solutions.”

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Talking Logistics

DECEMBER 4, 2017

When it comes to electronic ordering, real-time order visibility, and the use of mobile apps and technology, Domino’s Pizza is much further up the supply chain maturity curve (see video demonstrating Domino’s Tracker app ). Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Need I say more?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

EcoVadis

OCTOBER 17, 2017

A significant amount of waste – including flame retardants and gas pollutants – is generated during the manufacturing process of electronic components, which is hazardous to both plant workers and the environment if not handled and disposed of properly. million metric tons this year. The challenges are only growing.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

ivalua

AUGUST 14, 2019

Much has been made in 2019 about the gap between the findings of procurement self-assessments and where each organization stands when they are evaluated against their peers using objective measures. Spend under management has been effectively flat since 2012, with procurement organizations averaging 63.2% savings realized in 2018.

Metrics 168

Metrics Procurement Benchmarking Just-in-Time 168

Precoro

MARCH 11, 2024

VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals. Payment reform Providers are incentivized via financial rewards or penalties to improve performance on the above-mentioned metrics.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Businesses can dramatically reduce the costs associated with establishing new supplier relationships, expedite onboarding activities and relevant procurement processes. What is supplier relationship management?

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Supply Chain Matters

FEBRUARY 17, 2023

According to a published report by S&P Global Market Intelligence , more than one in five listed S&P 500 Companies increased their earnings-per-share metric by a least 4 percent by the third quarter of last year. This was noted as the highest level since 2019, a pre-pandemic measure.

Supply Chain Transformation 52

Supply Chain Transformation Supply Chain Planning Software Cost Reduction Strategies Expense Reduction 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Unleashed

MARCH 16, 2021

Creating procurement policies and procedures. There are many different needs a business has, from simple operational requests, such as a renewal for software – to the more complex, like the procurement of parts in order to manufacture a new product. This may be done electronically, or manually with appropriate paperwork.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

Hybrent

MARCH 6, 2019

Electronic Procurement. This allows you to access metrics and detailed spend analysis quickly and easily, allowing you to gain insights and make decisions to optimize your business. It contains a wealth of information about vendors, and it digitizes and automates many processes that are still analog and manual in nature.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

ShipBob

NOVEMBER 24, 2023

Inventory segmentation ensures that each product is placed and managed according to specific metrics, creating a streamlined path from shelf to shipment. Review seasonal and trend data: Leverage seasonality and trend analysis to forecast changes in segment demand, adjust your stock levels, manage procurement, and reorder strategies.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Supply Chain Shaman

OCTOBER 20, 2012

We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening. Other industry groups did not.

Inventory Reduction 261

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 261

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

Hybrent

MARCH 6, 2019

Electronic Procurement. This allows you to access metrics and detailed spend analysis quickly and easily, allowing you to gain insights and make decisions to optimize your business. It contains a wealth of information about vendors, and it digitizes and automates many processes that are still analog and manual in nature.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. plastics manufacturer who said that his company would require its supplier to report sustainability metrics on a scorecard. In your book, you recount a conversation with a senior exec at a U.S. What was your response?

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. High Tech & Electronics. Consumer Products. Food & Beverage.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

EcoVadis

NOVEMBER 5, 2017

Accordingly, enormous amounts of electronic waste, which largely end up in landfills and outside of legal take-back systems , along with all well known environmental impacts, continue to rise. million metric tonnes (Mt) and predicted an increase to 50 million Mt of e-waste in 2018 ( United Nations University 2014 ).

Supply Chain Design Software 60

Supply Chain Design Software Optimal Sourcing Supply Chain Network Software Sourcing Strategies 60

Supply Chain Game Changer

OCTOBER 8, 2019

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Why Disintermediate the Supply Chain?

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Supply Chain Game Changer

NOVEMBER 12, 2018

The responsibilities, metrics, skills, strategies and mandates for each function can cause people to put their functional focus ahead of the greater company objectives. The ERP/MRP, WMS, TMS, SIOP, and other systems provide the platform for the electronic communication of information up and down the supply chain. All Rights Reserved.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 43

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

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Cotton is a great example.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Cotton is a great example. Plastic usage. Fair wages.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

Cathy Roberson

APRIL 6, 2022

Supply Chain @Mr_Supply_Chain Deep customs insights, landed cost analysis, customs delays, ports, product level analysis Chris rubio @cm_rubio Transparency Complete transparency of Available To Promise Date, Landed Cost, and ESG metrics for the entire Procure-To-Pay lifecycle at the piece level. we want to see adjustments.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

MIT Supply Chain

NOVEMBER 5, 2020

A leading electronics manufacturer represented at the roundtable achieved productivity increases of 30–40% by using RPA to automate last-mile delivery processes. Another manufacturer has deployed eight bots in areas such as procurement planning. Others at the roundtable were not as advanced in their RPA journeys.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 52

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. Today, I don’t deal with the product as much as a service provider, but I have electronics companies, I have consumer goods companies, and I have manufacturing companies that I work with.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

DynaSys

APRIL 14, 2021

Even today, gaps in the supply chain are impacting the supply of critical products to the automotive and electronic industries. Long production runs or cycled campaigns are good for manufacturing efficiency metrics but not so much for inventory metrics. . Many departments in an organization have conflicting objectives.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 52

ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Going electronic with inventory reports is key to saving time, with access to the most up-to-date information across locations. 3PLs like ShipBob help with this.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52