SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7. Make or Buy decision Lesson 3. Trends and tendencies in procurement Lesson 3.

Purchasing Training 83

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 83

Arkieva

MAY 26, 2016

When embarking on a customer product segmentation exercise, keep in mind the following pitfalls. For example, Unilin Panels, a Belgian company that produces boards, decorative panels and finished products, conducted a customer segmentation exercise without paying attention to product segmentation. A lack of buy-in from sales.

Price Reduction 62

Price Reduction Exercises Eliminating Excel in Purchasing Forecasting 62

Logistics Viewpoints

APRIL 5, 2021

Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supply chain agility were underway when the pandemic hit. Their integration partner was Blue Horseshoe Solutions.

Supply Chain Planning Software 224

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 224

Supply Chain Game Changer

JUNE 10, 2020

Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.) Do you really know where, and who it is you buy from?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Enterra Insights

NOVEMBER 2, 2021

Micro Supply Chain Management (Micro-SCM) could then be construed as the non-global activities concerned with planning and controlling the rates of purchasing, production, distribution and related capacity resources to achieve targeted customer service levels within a company.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

Supply Chain Opz

AUGUST 2, 2018

Best in class organizations such as Amazon have transformed the paradigm through their use of analytics and predictive modelling, but it should not be overlooked that the foundations of their success are rooted in excellent data management. This involves getting the buy in and validation of planners who need to own the operational delivery.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

DynaSys

SEPTEMBER 22, 2021

And since their purview is different from yours, they’ll bring perspectives that you may not have thought of early in the buying process. After you’ve involved the necessary stakeholders in your search for a planning solution, and attained their ‘buy-in’, it’s now a good idea to assess your supply chain organization’s maturity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

HICX Solutions

SEPTEMBER 23, 2020

External hidden costs: This could include costs such as amounts spent on outsourced data cleansing exercises; or the amount that suppliers pass on to customers factoring in higher administration costs of doing business with the customer. This is where costs mount for every supplier data spreadsheet that exists.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Supply Chain Matters

DECEMBER 21, 2022

Factors were partially offset by increased purchased transportation rates, lower package volume, and higher other operating expenses. At the same time, we continue to focus on delivering excellent service for our customers.”.

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

Supply Chain Game Changer

SEPTEMBER 30, 2020

Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Sure, you can try and shuffle through the rows and columns of your Excel Hell, build custom algorithms, and visualize a bar chart.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Infosys Supply Chain Management

NOVEMBER 1, 2011

| Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Guest Post By Bob Ferrari, Executive Editor, Supply Chain Matters blog. Online retail sales reached an all-time high in 2010.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Talking Logistics

DECEMBER 11, 2014

Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. With operational excellence a given, IT and talent become greater value propositions for 3PLs.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

BlueYonder

JULY 5, 2023

Stephanie: WISE stands for Women Impacting Supply Chain Excellence. I then worked for Lowe’s doing buying for the flooring department where you have products like grout and mortar, tile tools, saws, etc. It’s like exercise, you’ve got to build. You can watch their conversation here.

Supply Chain Software 63

Supply Chain Software Supply Chain Arkansas North Carolina 63

Supply Chain Shaman

OCTOBER 29, 2014

By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements. Instead, he wants to drive supply chain excellence and build the metrics that matter. Attendees will get to participate in the launch of this new simulated exercise.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

KEPLER Consulting

OCTOBER 18, 2017

After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. Strategic actions like Purchasing Strategy definition or Negotiation preparation are not correctly documented.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

HICX Solutions

SEPTEMBER 23, 2020

External hidden costs: This could include costs such as amounts spent on outsourced data cleansing exercises; or the amount that suppliers pass on to customers factoring in higher administration costs of doing business with the customer. This is where costs mount for every supplier data spreadsheet that exists.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

SCMDOJO

FEBRUARY 29, 2024

Others will have a purchasing or supplier management board at the senior management level. We are talking about a key business process that impacts multiple functions beyond just organizing purchasing or quality. Team members represent key stakeholders, so they should communicate with those stakeholders to ensure buy-in.

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Logistics Bureau

OCTOBER 19, 2020

For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Sometimes the solution to a performance problem can be right under your nose. 3 Good Reasons to Start With Internal Benchmarking.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

EcoVadis

OCTOBER 16, 2017

This was an excellent opportunity to be able to bring together regional buyers and suppliers, share our expertise in CSR and discuss how we can improve and above all work together to promote sustainability in the supply chain”, explained Richard Bourne, Director of Supplier Engagement department at EcoVadis.

Sourcing Strategies 40

Sourcing Strategies Optimal Sourcing Supply Chain Network Software Material Savings 40

Logistics Bureau

APRIL 3, 2023

If so, due to its size and buying power, the partner will likely be able to provide goods or services at an advantageous cost to you compared to the costs of sourcing internally. Additionally, a large-scale supplier can typically spread fixed costs over a larger production volume, reducing the price per unit.

Optimal Sourcing 72

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 72

Arkieva

JUNE 2, 2016

We still find many companies that churn out empty excels where they ask the sales force to predict on a customer-product-shipto what is the expected sales 12 months out. Instead of providing empty excels, statistical techniques can typically help to give a first estimate. It requires a significant effort, but there is no alternative.

Scenario Planning 60

Scenario Planning Supply Chain Planning Software Inventory Reduction Supply Chain Planning 60

Enterra Insights

NOVEMBER 16, 2022

Whereas [some companies] embrace ‘being digital’ — this is ‘digital transformation’ at its best — it’s a total paradigm shift in the culture and operations — it’s not just about buying the latest digital tool, but about creating a new system, new cadence, new mindset.”[1] 1] If that’s sounds like taking on a difficult challenge, it is.

Analytics Software 130

Analytics Software Modeling Software Procurement Solutions Resource Reduction 130

Logistics Bureau

JANUARY 7, 2020

Developed a process of excellence in supply chain collaboration. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 101

DELMIA Quintiq

DECEMBER 28, 2020

Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain. Working with Excel spreadsheets does not contribute the efficiency, speed and agility necessary for planning teams to bring the best plans to the company.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

RELEX Solutions

MAY 23, 2017

Having arrived at a clear picture of category buying patterns across a chain, a properly customer-centric strategy can be developed. in basic categories they simply buy ‘a thing’ (‘I need matches’), while in variable categories choice is exercised with greater flexibility.

Negotiating Skills 28

Negotiating Skills Vendor Strategies Price Reduction Supply Chain Planning Software 28

synchrono

DECEMBER 18, 2017

So, once you have universal buy-in on the project (see Guest Blog1: Real-world Advice for Getting Started on eKanban ), the first step toward execution is to develop a good process, or value-stream map. Over the course of the exercise, we found multiple variations in the current, 66-step process that produced excess waste.

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

Slimstock

AUGUST 27, 2019

And on the other, customers can quickly check dozens of options for any purchase so retailers must ensure that their traditional brick and mortar stores add value to the overall shopping experience. Consequently, generating and implementing an optimal inventory allocation can be a truly mind-boggling exercise.

Inventory Reduction 40

Inventory Reduction Waste Reduction Inventory Retail 40

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.

Supply Chain Planning Software 86

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 86

Supply Chain Shaman

FEBRUARY 25, 2016

This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). There is a belief that the efficient response—the tightly integrated lean supply chain—defines supply chain excellence. Orders do not represent market demand. If this is you, don’t accept the status quo.

Supply and Demand 150

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

Enterra Insights

JULY 21, 2020

… Lupi says, the exercise isn’t about replacing Cuomo’s charts, but about finding ways to layer in new changes that amplify what he is saying.”[1] … Data about customer demand and behavior — including what they look for in a product like yours, and how they use your product when they buy it — can be incredibly powerful.

Data 173

Data Analytics Software Predictive Analytics Big Data 173

HICX Solutions

AUGUST 11, 2021

If you have a supplier with whom you have a purchase order for $50 a year, for example, do they really need to fill out and go through that whole process in the same way as another supplier with millions of spend? Very much a cross-functional exercise and definitely not just focused only on procurement or supply chain functions.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

BlueYonder

APRIL 24, 2019

I enjoy traveling, I am an exercise fanatic, and I’m also a foodie – fortunately, they balance each other out quite nicely! She held various senior leadership roles at companies like PepsiCo, Best Buy and MGM. This is a dimension where women often excel. You are relatively new to JDA – tell us what you did before that? .

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain SAP Analytics Software 40

JDA software

APRIL 24, 2019

I enjoy traveling, I am an exercise fanatic, and I’m also a foodie – fortunately, they balance each other out quite nicely! She held various senior leadership roles at companies like PepsiCo, Best Buy and MGM. This is a dimension where women often excel. You are relatively new to JDA – tell us what you did before that? .

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain SAP Analytics Software 40

Logility

OCTOBER 1, 2021

Technologies that automate and accelerate this entire exercise help ensure forecasting and decision-making deliver this requirement, opening the door to a continuous cycle of integrated business planning. But this exercise is much more than generating recommendations on next steps.

Scenario Planning 130

Scenario Planning Modeling Supply Chain Planning Software Supply Chain Network Software 130

Infosys Supply Chain Management

JULY 26, 2013

In my current project about a year ago, North America region Supply Chain Planners were having major concerns related with flawed planning resulting from incorrect or no Source of Supply (SoS) for receipt elements such as Purchase requisitions &/or Planned orders. This exercise was done before the monthly planning cycle start.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 29

DELMIA Quintiq

NOVEMBER 11, 2020

People purchasing the items can feel more confident about food freshness and not worry about checking date stamps. Makers of the products may discover that they stay safe to eat a lot longer than previously thought, thereby making them more attractive to purchase. Package and Label Information Playing a Larger Role in Decisions.

Manufacturing Procurement 334

Manufacturing Procurement Food Manufacturing Eliminating Excel in Purchasing 334