Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

EC Sourcing Group

OCTOBER 5, 2021

How to Streamline Your Procurement Process from Weeks to Hours. When contract management and procurement software first arrived on the scene, overnight it became an easy way to streamline the procurement process. However, the sourcing and procurement process flow constantly changes, and its needs do as well. .

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?

Procurement Analytics 355

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 355

Logistics Viewpoints

JUNE 9, 2022

The result is often a peak sales volume for a specific group of items. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Everyone is familiar with such seasonal demands.

Logistics Network Optimization Software 226

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 226

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Supply Chain Shaman

JUNE 28, 2021

An enlightened leadership team wanted to be sure that the organization knew how to make money through bi-directional orchestration of the bill of materials. The team understood the importance of margin management, focusing only on cost as an input to margin. Consumers constantly change the mix preferences in purchases.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 238

Arkieva

JUNE 28, 2016

Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? We might use “availability in Excel directly or with Add-ons” as an “age metric’.). Marketing efforts by firms such as IBM.

S&OP 64

S&OP Procurement Analytics Analytics Software Supply and Demand 64

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. Each system offers sellers access to additional insights.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. For instance, every purchasing department wants to lower costs and be more productive, so these are concrete goals. .

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? How do we slay the dragon and kill bad processes? Today, technology providers are selling analytics. And again, companies aren’t sure how to configure themselves to play profitably in there. In Figure 1, I show results from a recent S&OP study.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 246

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A Salesforce report found that almost 90% of shoppers consider the customer experience as important as the company’s products or services. So, how exactly do you create an exceptional retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

ivalua

APRIL 7, 2022

Leader Forrester CLM for Buy-Side Contract Suites, Q4 2021. Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. The group covered localizing suppliers, right shoring, ESG, and managing risk. Procurement Community Team Spirit: Best Advocate.

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. PFEP optimizes the policies that define how to procure each part. Unfortunately, this PFEP “tune-up” often uses very time-consuming and manual Excel analysis that limits the frequency of optimization.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

EC Sourcing Group

JULY 7, 2020

If you work in procurement or the purchasing department, you’re already aware of how it works. it is roughly the same as a normal procurement process, except the procurement is performed on a digital basis. . ” it is roughly the same as a normal procurement process, except the procurement is performed on a digital basis. .

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Supply Chain Software Procurement Analytics 52

Supply Chain Shaman

OCTOBER 29, 2014

Groupthink is a psychological phenomenon that occurs within a group of people in which there is a desire for harmony within the group, but the result is an irrational or dysfunctional outcome. I feel that the industry is engaged in ‘Group Think’ No one in this meetings is going to ask tough questions.

Supply Chain Planning Software 315

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 315

EazyStock

MARCH 3, 2022

The ability to quickly respond to market changes also means businesses are in an excellent position to facilitate growth. In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. Check demand outliers.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. This is a group of leaders. Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. What can we learn?

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

Supply Chain Insights

JULY 27, 2017

In groups of 5, each team member is given a different role: Finance, Sales, Marketing, Production, and Procurement. Throughout the game, each role receives various notifications that affect their function which they must then discuss with the rest of the team members to determine how to proceed. Screenshot of SCI IMPACT!

Inventory Reduction 77

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 77

Supply Chain Shaman

SEPTEMBER 30, 2012

It is one of the reasons that I went from working at AMR Research to being a partner at the Altimeter Group. I had to learn a new language, a new set of vendors and connect with a new group of users. They excel in the four Ps of marketing. The digital marketing group is often siloed. I see the value. Absolutely!

Supply Chain Design Software 287

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 287

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. Most companies are still struggling with “what good looks like” and “what defines supply chain excellence.”

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

SEPTEMBER 20, 2015

As I sit on the back row, I hear platitudes (A number of concepts positioned at a high level without clarity on how to execute). How do they buy from you? How will the policy be executed? Over time, as the business evolves, how will it adapt? How do they buy from you?”

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Overall, total costs of the value network have increased because companies have not owned their networks. And, these are the best of their peer group.)

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Shaman

FEBRUARY 16, 2016

One of my clients waits four days for a custom report. Leaders know that massive change in supply chain processes is coming but they do not know how to get started. As a result, analytics are usually based on historic data with outputs having a one- or two-day lag. How to do this in the face of severe cost-cutting pressures?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

Enterra Insights

JUNE 15, 2020

There is no consolidated system for accessing all the information related to business operations, which can lead to erroneous reporting and missed opportunities.” ” Boston Consulting Group (BCG) analysts believe cognitive technologies will play an important role in post-pandemic transformations. .” ” 10.

Columbus 100

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

Veridian Solutions

APRIL 15, 2019

Existing workers are aging out of the workforce, and most millennials, the group that will make up half of the U.S. With millennials more apt with technology than ever before, supply chain leaders need to know a few things about how to attract them, what it means for the company, and tips to create a self-propagating talent pool.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Supply Chain Technology Logistics Network Optimization Software 45

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. These are my thoughts. Will we see you there?

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

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

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. But even with this knowledge, what’s stopping retailers and e-commerce companies from providing excellent delivery experiences to their customers? How to help retailers achieve customer delight.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

ToolsGroup

DECEMBER 11, 2023

Boston Consulting Group estimates that this year — and for the foreseeable future — a full 60% of stock will be sold via markdown. They train the consumer not to buy in-season because they can come back in three months and get a discount. Markdowns have now become a critical survival strategy for retailers. It’s a vicious cycle.”

Price Reduction 156

Price Reduction Pricing Training Modeling Inventory Reduction 156

Supply Chain Shaman

AUGUST 26, 2015

” Today, I know of less than twenty-five companies that actively sense demand, and while we talk about the use of channel data and the building of demand sensing processes to use channel data, it is still an elite group of supply chain leaders that are perfecting the techniques. The global economy is slowing, and volatility is rising.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150