article thumbnail

Network Investment. Defining the ROI.

Supply Chain Shaman

In addition, a purchase order changes three-to-four times and there is a black hole (data is caught between email systems of trading partners for one-to-two days). Purchase order data, while not as important, has the smallest gap. Most of the network investment is in passing procurement transactional data. Most is silo’d.

article thumbnail

Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

acquired by SAP). He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Richard previously founded and led Factory Logic, Inc.

article thumbnail

My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. While ToolsGroup and SAP (with the acquisition of SmartOps) are the nearest competitors, Terra prided itself on delivering better decisions through better math. It is a new buyer.

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Avoid implementing Aera on top of an existing SAP APO implementation.) Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement: Purchase price variance and procurement cost.

article thumbnail

An Empty Chair….

Supply Chain Shaman

Each session that I facilitate usually includes off-hand comments about SAP Ariba. SAP ERP does not easily connect to SAP Ariba and the Ariba solution is problematic. IBM purchased Sterling Commerce, Opentext purchased GXS (after the acquisition of Inovis), and True Commerce purchased Datalliance.

article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?