Eliminating Excel in Purchasing Procurement Analytics Research 
Supply Chain Shaman
JANUARY 7, 2025
To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” ” Traditional planning models optimize functional processes to improve cost and customer service. You are right. Or the use of AI to improve supply chain planning.
Supply Chain Shaman
MAY 21, 2024
When I started this research project, I was busy. One of my lessons learned in completing survey-based research over the past twelve years, is that projects are full of surprises. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?
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ToolsGroup
MARCH 31, 2025
However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities.
Supply Chain Shaman
NOVEMBER 21, 2024
Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. ” My problem is that we move through these hype cycles with little accountability for spending and with a major opportunity cost to not redefine work. Or that a focus on cost reduction can actually undermine value creation?)
Supply Chain Shaman
APRIL 27, 2022
Supply chain excellence is easier to say than to explain. In this area of research, I find that companies are like dogs chasing cars. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Understanding this relationship requires modeling. (A
Supply Chain Shaman
DECEMBER 15, 2022
” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. Functional Metrics.
SCMDOJO
DECEMBER 29, 2024
Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.
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