Remove Eliminating Excel in Purchasing Remove Network Optimization Remove Procurement Remove Reference
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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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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Let’s zoom to the bottom line: the results are less than optimal for all the monies spent and practices deployed. When he speaks of the supply chain, he means procurement. For reference, authoritative identifiers are the starting point for processes where goods are tracked against a standard like fair labor or food safety.

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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. Kinaxis Purchase of Rubikloud. The purchase of Rubikloud by Kinaxis shows just how little the Kinaxis team knows about demand management.

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A Radical New Way to Think About Supply Chain Management

Logistics Viewpoints

ARC has done research and writing on supply chain collaboration networks. A supply chain collaboration network (SCCN) is a key technology for improved collaboration across an extended supply chain. Networked applications have distinctive advantages that other types of solutions lack. But something called ERP 4.0

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

Supply Chain Shaman

The tight integration of the budget in redefinition of S&OP to IBP is a strong deterrent to building a responsive value network. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. In Figures 2 and 3, note the portrayal as a dam. Figures 2 and 3. Mistake #3. My challenge? Measure it.

S&OP 195
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Parts Are Not Parts

Supply Chain Shaman

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. PFEP optimizes the policies that define how to procure each part. Order Policy Optimization. Organizational alignment is an issue.