ThroughPut

AUGUST 24, 2021

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence. Strategies for a robust product mix planning.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 315

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 315

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 View from the Field

AUGUST 22, 2013

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. Marketing and IT see this to some extent, but not like procurement.

Procurement Analytics 68

Procurement Analytics Negotiating Skills Procurement Purchasing Skills 68

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” So it is important to have several mechanisms in place to track performance, including: key performance metrics, regular reviews and processes for making adjustments.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

DiManEx

JUNE 5, 2019

Culture and strategy must be aligned. Whenever we talk with a company’s leadership, we try to get a good understanding of their strategy and whether their company culture supports it. How can you inspire action and translate your strategy into a cultural message? How do you ensure adoption and prepare to scale the technology?

Pricing Training 70

Pricing Training Vendor Strategies Material Savings Resource Reduction 70

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 Game Changer

MAY 5, 2020

Within each of these two flows there should be a small number of high impact business processes or metrics that you need to address, holistically, in order to make meaningful and significant improvements in your cash position. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds.

Expense Reduction 85

Expense Reduction Material Savings Inventory Reduction Price Reduction 85

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

Logistics Bureau

SEPTEMBER 4, 2023

When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Talking Logistics

APRIL 27, 2016

Consider the ways rich data collection can help shape your supply chain towards lower cost and optimal performance. The most common goals of supply chain visibility include the following, but as your company completes this exercise, be sure to include quantifiable metrics: Reduce business and supply chain risk.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

DELMIA Quintiq

DECEMBER 28, 2020

Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain. Ultimately, what KPIs, as metrics and indicators derived from the set of plans are taken into account and prepared for each scenario. Technology for Effective Planning.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. 3) Supplier performance evaluation enables waste and cost drivers to be identified and addressed. Perhaps it may seem obvious that supplier performance evaluation is an ongoing process.

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

6 River Systems

OCTOBER 19, 2020

With more consumers turning to e-commerce, it’s important for businesses of all sizes to bolster the supply chain to handle the e-commerce business model. According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping.

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

Taulia

MARCH 22, 2023

For buyers looking to unlock this cash and put it to work, there are many different tools and strategies available, from extending payment terms to securing financing for receivables. In practice, this could mean predicting which invoices suppliers will choose to accelerate under a range of different conditions.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Vendor Strategies Forecasting Software 52

HICX Solutions

DECEMBER 1, 2022

When thinking about supplier segmentation in the case of supplier experience, it is a little different from the traditional Kraljic matrix that is used in Procurement, although this may be used as part of a segmentation definition. How to use segmentation to drive the supplier experience?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies How To 52

BlueYonder

OCTOBER 13, 2022

It’s also hardly a revelation that retailers have responded by rethinking their strategies around inventory management and fulfillment options. CPG brands are well known for their ability to gather insight around these kinds of metrics, as well as information pertaining to competitors jockeying for the same wallet share.

Sourcing Strategies 77

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 77

Unleashed

NOVEMBER 20, 2023

It’s a constant headache for our purchasing manager. ” Tackling bottlenecks: Hacks, strategies, and advice To fix your manufacturing supply chain, you need the right systems, strategies, and resources in place. Accurate data is essential for making the right decisions around purchasing and resource planning.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

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. ” — Michael Varney and Wil G. . Develop alternative sources and diversify value chains.

Supply Chain Planning Software 116

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

HICX Solutions

NOVEMBER 29, 2022

As Adam Brown , Managing Director, Procurement Strategy & Digital Transformation at Maersk , points out in a recent interview with HICX, “The sheer multitude of touchpoints for suppliers when transacting with many large enterprises can create confusion and inefficiencies.”?. Have I got a purchase order?

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Resource Reduction 52

Logistics Bureau

OCTOBER 31, 2016

Supply Chain Strategy. You might expect that an article section on supply chain strategy would contain some pretty complicated concepts and ideas. If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. “What?”

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

Supply Chain Trend

NOVEMBER 27, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Whatever maturity model or consultancy support companies use, S&OP seems to get stuck. In the last 30 years S&OP improved performance in many businesses.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

EMERGE App

MAY 20, 2023

Who is most likely to purchase your product immediately? Focus on innovation and produce unique products How do customers feel after purchasing your product or receiving your services? With such a personal touch, the customers will find it easier for another and another purchase. How much do they earn?

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Negotiating Skills 52

ShipBob

MAY 1, 2020

Unless your ecommerce business is within a small niche that can’t be matched, you need to differentiate your product and brand so customers are more likely to find your product and make a purchase. Meal replacements are also a great solution for those who actively exercise and use meal replacements for their post-workout routine.

Inventory Reduction 59

Inventory Reduction Price Reduction Expense Reduction Cost Reduction Strategies 59

RFgen

JANUARY 18, 2024

Training and support strategies are discussed to ensure a smooth transition, followed by monitoring and evaluation methods post-implementation to optimize system performance and align with business goals. As much as 70% of enterprise companies are migrating to an ERP system in the cloud , according to a report by Cloud Security Alliance.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72