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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

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Demand Forecasting: The Unfair Competitive Advantage

Logility

” scenario: in many supply chain organizations, sub-SKU forecasting (the task of translating high-level forecasts into specific quantities by size, color, configuration, region, etc.) Product attributes such as finish, style, color, size, speed, trim level, and configuration complicate forecasting at granular levels.

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Demand Forecasting: The Unfair Competitive Advantage

Logility

” scenario: in many supply chain organizations, sub-SKU forecasting (the task of translating high-level forecasts into specific quantities by size, color, configuration, region, etc.) Product attributes such as finish, style, color, size, speed, trim level, and configuration complicate forecasting at granular levels.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Beating the growth forecast and improving margins drove lucrative bonus programs. Focus on Cost.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Beating the growth forecast and improving margins drove lucrative bonus programs. Focus on Cost.

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Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

After producing a reported 2,500 vehicles in the first quarter, the company continues to be challenged by termed supply chain challenges which in March required executives to trim the prior 2022-unit production forecast in half to upwards of 25,000 vehicles this year. Stellantis Senior Procurement Leadership Change.

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“Never Let a Good Crisis Go to Waste” – Key Insights from the Automotive Logistics

BlueYonder

OEMs and Tier 1 suppliers should consider long-term forecast collaboration and capacity cooperation with their Tier-n suppliers. It is imperative to establish transparency, cooperation, and collaboration across the entire supply chain ecosystem, encompassing Tier 1, 2, and 3 suppliers, OEMs, logistics service providers, and even dealers.