Remove Eliminating Excel in Purchasing Remove Network Optimization Remove Procurement Solutions Remove Reference
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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Today, supply chain excellence matters more than ever. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business.

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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. 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.

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How to Measure & Optimize Inventory Health For Ecommerce Success

ShipBob

Maintaining a balanced level of ecommerce inventory so that you can achieve maximum profitability is what optimizing inventory health is all about. Optimized storage space: Prevents overstocking, maximizing warehouse utilization. Reduced spoilage and obsolescence: Critical for perishable or trend-sensitive products.

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Our Walk In The Fog

Supply Chain Shaman

Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. Traditional planning is batch.

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Philip Morris International’s Pivot to Smoke-Free Products Complicates their Supply Chain

Logistics Viewpoints

The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool.

Modeling 179
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Parts Are Not Parts

Supply Chain Shaman

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. Today’s reality is that we have optimized functions not flows. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?