NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Who are our best suppliers?

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Enterra Insights

JUNE 18, 2019

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Supply Chain Game Changer

JUNE 10, 2020

Deciding to eat at Luigi’s Italian Market, and negotiating billion-dollar contracts aren’t really in the same league of purchasing decisions. Utilizing improvised solutions is still the norm in many procurement organizations. The level of risk in these two investments are comparatively incomparable, but humor me here.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Talking Logistics

DECEMBER 11, 2014

We never expected or predicted that the clunky analog cell phones we carried on our belt clips back then would quickly evolve into Internet-connected smartphones with digital cameras built-in, which is today cannibalizing digital camera sales ! For related commentary, see Insights from Ryder Innovate 2014.

Predictive Analytics Software 202

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 202

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Matters

JULY 15, 2022

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. With so many having to work from home during the ongoing Covid-19 pandemic, consumers upped their purchases of in-home fitness equipment. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

EcoVadis

MAY 21, 2012

Advancements in Sustainable Procurement. One of the best surprises was from Sustainable Procurement movement which was one of the sustainability initiatives the least affected by the economic crisis. We also observed a real mainstreaming of sustainable procurement practices across sectors.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Modeling Software Sustainability 40

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

HICX Solutions

DECEMBER 1, 2022

Rounding out the top five are more joint collaboration or innovation (14%) and reasonable expectations, at 8% of respondents. For example, one metric would be to count the clicks – how many clicks does a supplier need to make to do business with you?”. How to use segmentation to drive the supplier experience?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies How To 52

Logistics Bureau

NOVEMBER 6, 2023

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. Such a program can be simple and inexpensive to implement.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

6 River Systems

JUNE 29, 2020

As global supply chains start the long process of recovery, supply chain management is in the spotlight, and new best practices and innovative strategies are emerging as supply chain leaders aim to reduce risk in an uncertain future. Adapt to the next-gen supply chain model. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

QAD

DECEMBER 13, 2022

The rider provides planning and direction but can get bogged down in analytics and overthinking. There is a great example in Switch where a finance executive is trying to convince his peers that a new purchasing system/process is needed. The emotional impact made the decision to move to a central purchasing system much easier.

Purchasing Skills 96

Purchasing Skills Negotiating Skills Procurement Analytics Analytics Software 96

Supply Chain Game Changer

NOVEMBER 23, 2018

Barcoding and Blockchain technology weren’t really within reach for the innovators of the early 1900’s. For this reason, I thought it’d be a fun exercise to put a new name on supply chain transparency, rather than a typical sweeping-generalized definition. is detrimental to the consumer-to-business shared value.

Supply Chain Software 47

Supply Chain Software Supply Chain Strategy Supply Chain Material Savings 47

Talking Logistics

DECEMBER 16, 2016

Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. Postal Service , with supply chain management as one of the focus areas; in October, as reported by Reuters, “IBM, U.S. Toyota temporarily shut two factories in the aftermath.

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50