Procurement Academy

JANUARY 16, 2025

A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. days to receive a purchase order confirmation. The average purchased order changes 3.5 The more integration points of Advanced Planning System (APS) to Enterprise Resource Planning (ERP), the larger the bullwhip impact.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Metrics comparison of Kellogg Co. Here is my argument. These technologies are mature.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

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. I disagreed.

Gartner 221

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 221

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Shell operates as a single-instance of SAP Enterprise Resource Planning (ERP). Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. A Brief History of IT Investments.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The differentiator is whether Supply Chain Excellence is defined as a one-time project or as on ongoing process. Circuit City failed to adapt and is now history.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. The Path to Supply Chain Excellence. Watch a BSW webinar here.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Talking Logistics

NOVEMBER 10, 2014

Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. But at the same time, supply chains are challenged by complex logistics, systems issues, legal requirements, and lack of resources.” Fast and effective roll out.

Optimal Sourcing 207

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 207

Kinaxis

SEPTEMBER 8, 2014

They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. Their words.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Supply Chain Shaman

JUNE 14, 2014

Inputs, transformation processes, and outputs involve the acquisition and consumption of resources – money, labour, materials, equipment, buildings, land, administration and management. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

Enterra Insights

MARCH 17, 2022

Organizations not only view themselves as being able to ‘afford’ investing resources in ‘greening’ their operations but also see that these changes can truly benefit both the environment and their bottom line.”[3] To achieve their ESG targets, it must be embedded across every part of the business.”

Supply Chain Design Software 147

Supply Chain Design Software Eliminating Excel in Purchasing Material Savings Waste Reduction 147

Logistics Viewpoints

SEPTEMBER 20, 2022

They can adjust quantities and generate supplier replenishment orders in PDF or Excel as needed. The platform serves the needs of different levels of resource availability. The system can now automatically receive all approved Purchase Orders so receipts can be reconciled against orders.

Supply Chain Planning Software 286

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 286

Logistics Viewpoints

JULY 18, 2022

Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. Getting the Most out of People.

Supply Chain Design Software 300

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 300

Supply Chain Shaman

OCTOBER 8, 2019

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. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

Supply Chain Shaman

OCTOBER 11, 2012

I have written many articles about Advanced Planning Systems (APS), Enterprise Resource Planning (ERP) and Advanced Inventory Optimization. Companies cannot achieve supply chain excellence by working discrete projects in isolation. Ownership of Inventory as a Metric. Here I give my logic. How I Draw this Conclusion.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

RFgen

DECEMBER 19, 2024

Resource Management: Efficiently allocating labor, equipment, and storage space. This cost reduction can significantly impact the bottom line, freeing up resources for other critical business initiatives. Data-driven forecasting improves purchasing and cuts storage expenses. Install energy-efficient HVAC systems and insulation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Enterra Insights

JANUARY 6, 2021

” In order to achieve that goal, companies need to move from Excel spreadsheets to cognitive technologies with embedded advanced analytics. ” In other words, digital transformation is not about buying technologies, it’s about using technologies the right way. ” Her answer, “I don’t think so. Delivering.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Sourcing Strategies 190

Supply Chain Shaman

MAY 2, 2016

The technology market for new Enterprise Resource Planning (ERP) is drying up. With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). Avoid buying software from a consulting company. Do not buy software based on partnerships.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Supply Chain Shaman

OCTOBER 7, 2012

This realization gave rise to the use of inventory optimization technologies that use deeper optimization than the traditional deterministic logic found in the traditional Advanced Planning Systems (APS) and Enterprise Resource Planning (ERP) systems. Q: You mention that Executive Buy-in is the biggest stumbling block.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Supply Chain Insights

JULY 27, 2017

The choices that must be made by the end of each round (where each round represents one month of play) include how much of each finished good to produce and how much of each raw materials to purchase at the various manufacturing sites. Screenshot of SCI IMPACT! Results Example. the importance of making decisions based on a strategy.

Inventory Reduction 77

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 77

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 186

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 186

Logility

MARCH 24, 2021

IBP is a series of coordinated processes and supporting technologies to translate desired business outcomes into financial and operational resource requirements. These critics sensed a sinister “rebranding” ploy designed to get companies to purchase technology and services they already own but perhaps have not fully implemented.

Supply Chain Planning Software 176

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 176

Supply Chain Shaman

FEBRUARY 27, 2020

Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. Rules, engines, policies and metrics need to align.

Analytics Software 269

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 269

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. Implement with Knowledgeable Resources.

Inventory Reduction 150

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

Enterra Insights

NOVEMBER 4, 2019

There are a number of excellent reasons circular economies are desirable, including less waste and better use of limited resources. 1] The staff at Smart Cities World adds, “Gartner defines the circular economy as an economic model that separates the ability to achieve economic growth from the consumption of natural resources.

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100

SCMDOJO

JUNE 9, 2025

In the procurement phase, documentation begins with purchase orders and supplier contracts. These resources help create seamless documentation loops between physical handling and digital systems. How Strong Documentation Practices Keep Supply Chains Running Smoothly So, why spend all that time and resources on documentation?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

Supply Chain Shaman

APRIL 15, 2015

Buying these solutions is far more complicated than is represented in a simple four-box quadrant. They had enough scale to invest resources and build a bench of expertise. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. It is complex.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 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 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Supply Chain Shaman

JANUARY 11, 2016

One of the barriers to greater progress in driving supply chain excellence is the current state of user satisfaction with current technologies. Companies are more satisfied with transactional (think Enterprise Resource Planning (ERP)) versus planning systems. Lora thinks that we are never too old to learn or to push for excellence.

Supply Chain Planning Software 165

Supply Chain Planning Software Modeling Software Demand Planning Software Supply Chain Network Software 165

Kinaxis

MARCH 9, 2015

by John Westerveld In part one of this blog we determined that the Master Scheduler has a challenging job with Master Scheduling, but you may be thinking that ERP system you’ve spent millions on buying and implementing must make the Master Scheduler’s job so simple it’s as easy as pushing a button, right? Well… not so fast.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Modeling Software Analytics Software 100

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

ThroughPut

JUNE 17, 2025

By infusing intelligence into every supply chain touchpoint—from sourcing to shelf—AI is driving operational excellence, customer satisfaction, and exponential growth. Sustainability & Resilience: Efficient resource use reduces environmental impact while preparing for unexpected disruptions. ThroughPut.AI Here’s how ThroughPut.AI

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Planning Software Supply Chain Design Software 52

Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024. The same holds for the supply chain organization.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 217

Silvon Software

NOVEMBER 14, 2024

Improved Forecast Accuracy Since POS data reflects real consumer purchases, forecasts based on this data are more accurate. In addition, shipment data can obscure the real picture because it’s affected by out-of-stocks, bulk orders, and retailer-driven buying tactics.

Inventory Reduction 59

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 59

GlobalTranz

JUNE 18, 2015

Successful reverse logistics systems and programs significantly increase customer satisfaction, decreases necessary allocations storage, energy, and other resources. So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Opportunities in this area of U.S.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Transportation Management 120

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering? Customization?

Supply Chain Design Software 150

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