Remove Eliminating Excel in Purchasing Remove Innovation Remove Sourcing Remove Strategy
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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

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Enhancing Procurement Excellence Through the Power of Negotiation

Procurement Academy

A crucial part of successful procurement strategies is the art and science of negotiation. An important aim of successful negotiation strategies is to secure the best possible terms and value for the organization while maintaining a positive and productive relationship with the supplier.

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Is it too Early For 2022 Predictions?

Logistics Viewpoints

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

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Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Today, supply chain excellence matters more than ever. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Source E2open Shipping Index). A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. So, we began the discussion.

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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Reflection.