SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The River of Demand. #3

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. While budgetary restrictions can stop you from taking advantage of volume discounts offered through bulk purchasing, holding too much inventory ties up cash flow that could be better used elsewhere in the business.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. This team is not buying the message. The team was organized around the functional silos of source, make and deliver. It was a large multinational company. It was my first time working with this group.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Game Changer

MAY 27, 2022

Source: Google. Source: Twitter. Source: fabrikbrands. In this way, you will position yourself better in the market, because customers will know why they should buy from you. A target audience is a group of people most likely to be interested in buying your products. We listed only a few brand strategy examples.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

Precoro

FEBRUARY 27, 2023

Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management. If the answer to any of them points to problems, it might be time to explore other sourcing options.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. How do they buy from you? How do they buy from you?” Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. So, why did I ask SanDisk to present? Both improvement and performance define supply chain excellence. Why does it matter to you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

OCTOBER 2, 2020

At the end of every presentation, one of my clients always says, “Let’s fix the basics.” Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The Sleep Number Story of Supply Chain Excellence. I now go to the local coffee shop.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. When they know what to look for, they can add granularity to your search for environmental performance excellence.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Supply Chain Shaman

NOVEMBER 20, 2014

The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. This includes the automation of the list and driving demand before the store, driving demand in the store, mining the data from checkout and listening to sentiment post purchase.

Analytics Software 291

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 291

Supply Chain Shaman

OCTOBER 7, 2012

My schedule had me on a plane to Chicago at the time of the presentation. We rescheduled my flight and I quickly put together some slides for the presentation. (To I had successfully adapted to give a presentation on agility to 254 people. In the supply chain, variability and volatility come from many sources.

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

Alloy

JANUARY 6, 2021

I believe that siloed data, siloed teams and inflexible legacy systems present the biggest hurdles in supply chain optimization. Both companies also provide excellent customer support. You can dynamically adjust layout, content, metrics and time dimensions, in real time. Alloy and RSi both load granular and recent POS data.

Alloy 98

Alloy Supply Chain Planning Software Supply Chain Design Software Analytics Software 98

HICX Solutions

JANUARY 27, 2022

Supplier Relationship Management is the relationship that develops between a buyer and supplier, which is subject to the exigency of the goods or services purchased and supplied to an organization and dictates the nature of the working relationship that the buyer should look to nurture with their suppliers.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Supply Chain Shaman

APRIL 7, 2016

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. How easy is it to buy from your company? Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

AUGUST 16, 2015

In the period of 2002-present, the company acquired/aggregated many applications. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The So What? I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

ThroughPut

NOVEMBER 28, 2023

Data integration capabilities: Your supply chain generates data from various sources – inventory systems, production lines, transportation networks, etc. Top-tier analytics software should seamlessly integrate data from these disparate sources, offering a unified view of your entire supply chain.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). Ports, Airports and Global Infrastructure Group, also presented at the Executive Forum. Will this include drone deliveries?

Supply Chain Planning Software 114

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 114

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. When they know what to look for, they can add granularity to your search for environmental performance excellence.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Game Changer

JUNE 2, 2020

Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. Creating clear and compelling presentations.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement allows obtaining well-structured and relevant data, which is indispensable for prioritizing purchases and balancing the quality and price of goods or services. Global Sourcing. Green Purchasing.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Taulia

JULY 5, 2021

We’ll conclude by evaluating the advantages of VMI for buyers and suppliers and present Taulia’s enhanced VMI offering. As buyers source components from several suppliers, they often implement a VMI program at a third-party warehouse near the production or assembly location. What is Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

Supply Chain Game Changer

DECEMBER 3, 2019

As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. First I would talk with the 3 main people in charge of the Inventory Management and Procurement buying functions within the company. There were no targets.

Inventory Reduction 56

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 56

SCMDOJO

AUGUST 4, 2023

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. But times are changing, the use of reduce inventory offers more quality and useful performance metrics. But when should you consider reducing inventory?

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

GlobalTranz

DECEMBER 18, 2015

No Purchase Orders were used. However, one thing that should come to mind is the prowess of the retail giant's supply chain excellence. Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Kinaxis

JULY 19, 2016

They expect to be able to make purchases and receive service in that same lightening quick timeframe. All three presented great keynotes at this year’s Gartner Supply Chain Executive Conference, and all three said the same thing. And that need for speed extends beyond just gathering facts on the information highway.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Network Software 100

AFFLINK

FEBRUARY 15, 2017

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. A group purchasing organization typically finds that it spends 80 percent of its budget on their top 20 suppliers, and they also organize other resources such as time by spend.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

Supply Chain Shaman

AUGUST 26, 2015

I recently listened to a DuPont present on their redesign of the supply chain. Instead, the presentation focused on making traditional processes move faster. The inherent buying patterns of consumers are also changing. Purchases in the center store of the grocery store are in decline, and apparel tastes are shifting.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

6 River Systems

JUNE 29, 2020

“Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. These tools can also rapidly model alternate supply and transportation scenarios, such as rerouting around a port strike or going to an alternate source of supply.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Game Changer

NOVEMBER 20, 2018

Although Lean principles provide an excellent basis for managing energy costs, such costs are often left out of an efficiency drive… Why is that? Simply put, organizations that prepare for and take advantage of the opportunities that energy presents will be in the best position to compete, grow, and profit in future markets.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. Today, 32% of companies have source, make and deliver reporting to the same organization, and the gaps in alignment between operations and commercial teams are large.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Total Cost: The overall cost of the purchase order, calculated based on quantities and unit prices.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

3rdwave

JANUARY 23, 2019

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. Haslam College of Business, April 2018).

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 86

Procurement Academy

MARCH 12, 2024

This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management. Considering TCO goes beyond simply evaluating the initial purchase price. This includes maintenance, operation, support, and disposal costs.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69