Remove Eliminating Excel in Purchasing Remove Metrics Remove Reference Remove Supply Chain
article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. What are functional metrics?

article thumbnail

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Supply Chains to Admire Methodology.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Holding Ourselves Accountable for Business Results

Supply Chain Shaman

As a guest writer for Forbes, public relations firms constantly pepper me with requests to speak to technologists boasting of having answers to improve supply chain resilience. I strongly believe that historical supply chain practices are not the answer. They need to evolve to help today’s supply chain business leader.

article thumbnail

Enhancing Procurement Excellence Through the Power of Negotiation

Procurement Academy

Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. A crucial part of successful procurement strategies is the art and science of negotiation.

article thumbnail

10 Greatest Purchasing Books Ever Written

Supply Chain Opz

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation.

article thumbnail

How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Tight coupling of the supply chain forecast to the financial forecast will improve value. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Organizations can align to drive value despite the allegiance to functional metrics. If you want to know future sales ask sales.

S&OP 195
article thumbnail

5 Must Read Books for Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. The Strategy-Driven Supply Chain. Supply Chain Management for Dummies. Subscribe Here! Email Address.