Remove Eliminating Excel in Purchasing Remove Lean Remove Procurement Remove Survey
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Why 2021 Will Be A Breakout Year For Sustainable Manufacturing

IQMS

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

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How Do We Heal the Healthcare Value Network?

Supply Chain Shaman

I would also like to encourage supply chain professionals in the healthcare value chain to share their opinions by filling out our survey on the current state of the healthcare value chain. They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams. Improve Visibility.

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Changing Mental Models

Supply Chain Shaman

We have used Lean process systems and swim-laned ourselves to death. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions. Generalize procurement of materials.

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Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. Many managers use an annual inventory budget which is usually prepared well in advance before the inventory is procured.

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Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Meanwhile, salespeople for suppliers were trying to work around procurement. When they get it, they have to put it in Excel and clean it, and then put it in a PowerPoint so they can show it to people. I disagree.

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Supply Chain Optimization Explained

ThroughPut

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.