Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Functional Metrics. Advanced planning solutions (APS) do not cross over make, source, and deliver with a common data model in the planning horizons.

Manufacturing Procurement 393

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 393

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. What to do?

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Logility

AUGUST 15, 2023

Even before importing and selling any item, every step addresses complex challenges amplified by regulations dictating the origin of goods and ethical sourcing and labor practices. Planners can then pinpoint revenue at risk due to a high resilience index, transcending the conventional scope of multi-sourcing strategies.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Procurement Procurement involves sourcing and acquiring the materials or products needed for production.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. What to do?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. A supply chain process driven and governed by market signals with minimal latency.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Networks and Sourcing. Networks and Benchmarking.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logility

APRIL 29, 2021

Lack of supplier insight can result in your organization violating government regulations; working with providers who don’t share your company values; or getting caught up in trade embargoes, sanctions, and labor and social justice issues. For example, governments may enact new laws that affect worker rights.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Secure executive sponsorship. Business Process Description.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Organizations can align to drive value despite the allegiance to functional metrics. I am shocked to see how the lack of governance–clarity on who and how to make decisions–derails well-intended processes.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

QAD

AUGUST 12, 2021

Today, manufacturers view sustainability as a required corporate strategy for long-term business viability and success. Let’s cover just three areas where ERP drives greater sustainability: Responsible Sourcing – Manufacturing ERP systems support efforts to identify responsible, sustainable sources of materials.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Elementum

FEBRUARY 7, 2024

By automating risk assessment and mitigation strategies, businesses can proactively address challenges, safeguarding assets and reputation. By analyzing customer data, AI identifies trends and behaviors, enabling targeted engagement strategies that improve retention and lifetime value.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

MAY 7, 2015

The answer for many teams I work with is to wave their hands and declare the need for an end-to-end supply chain strategy. Building the Effective End-to-End Strategy. While companies believe that there is opportunity to building an end-to-end strategy, there is no standard definition. Figure 1: Supply Chain Descriptors.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

Supply Chain Game Changer

MAY 27, 2020

Post-pandemic article and permission to publish here provided by Joe Carson, CEO of Spend Strategies, LLC. would prove more reliable in the cases where foreign governments are uncooperative in times of crisis. This strategy will play a role but is also not a panacea. Risk monitoring and governance. Moves back to the U.S.

Price Reduction 132

Price Reduction Cost Reduction Strategies Material Savings Purchasing Skills 132

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. Photo Credit: United Airlines.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Supply Chain Shaman

JUNE 5, 2013

Management and planning of the entire network against a value network strategy. Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver. Recognition of asset strategies in go-to-market plans. Focus is on make, source and deliver together. Little clarity.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 221

Unleashed

MARCH 28, 2021

Part of an overall supply chain management strategy, SRM focusses on optimising efficiencies and creating value for all stakeholders. Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. Supplier strategy development. Supplier strategy execution. Efficient onboarding.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

SYSPRO Smarter ERP

MARCH 2, 2022

To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. In turn, procurement needs to co-operate with the finance department’s working capital strategy and cash flow controls. Resiliency.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

OptiProERP

NOVEMBER 14, 2023

Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations. Waste prevention is a business strategy from which any company can benefit, regardless of size or type.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Taulia

AUGUST 29, 2023

But, by adopting the following 11 best practices for supply chain management, businesses can lay the groundwork for a successful strategy and build a supply chain that meets their needs: 1. Source suppliers strategically Supply chains are ultimately made up of suppliers. Establish clear objectives Start by setting clear objectives.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

Supply Chain Matters

DECEMBER 20, 2022

Supply Chain Matters highlights published reports that indicate the sobering potential impacts of China’s policy makers in lifting most all of the restrictions related to the country’s Covid-19 omicron zero-tolerance strategies. based Institute of Health Metrics and Evaluation (IHME). All rights reserved.

Policies 52

Policies Predictive Analytics Software Sourcing Strategies Manufacturing Procurement 52

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? Data Quality It’s a good idea to implement regimented data governance programs to clean, filter and maintain information quality through that data’s lifecycle.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Arena Solutions

FEBRUARY 27, 2024

2 Laying the foundation for sustainability success Companies can benefit from these four broad circular economic action items as part of their environmental, social, and governance (ESG) strategy and efforts. Integrate this agenda with other plans (like an industrial or digital strategy) and track progress using metrics.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Overall there are key overriding factors to be considered in defining and optimizing any end-to-end Supply Chain strategy from an environmental perspective: Reduce waste and improve efficiencies. The basic Supply Chain Carbon Footprint/Environmental Impact Reduction strategy must thus include: Executive Support. Reduce energy usage.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

SupplyShift

JUNE 17, 2021

Given that suppliers account for the majority of risk in areas such as GHG emissions, human rights abuses, and gaps in corporate governance, it is critical that companies explicitly target ESG goals in their supply chain. Specify Your Strategy Which actions will you take to execute your newly-minted ESG goals? Ask for help.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

Given that suppliers account for the majority of risk in areas such as GHG emissions, human rights abuses, and gaps in corporate governance, it is critical that companies explicitly target ESG goals in their supply chain. Source: sasb.org. Specify Your Strategy. . Define Success. . Ask for help.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

Logistics Viewpoints

NOVEMBER 21, 2022

On November 4 th , I interviewed Jim Andrew, the Chief Sustainability Officer at PepsiCo, about their environmental, social, and governance (ESG) program. Because of the food giant’s size, their sustainability strategy also is very broad. Scope 1 emissions include direct emissions from the company’s owned and controlled sources.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

Supply Chain Matters

APRIL 20, 2022

There are mixed views in business and supply chain management settings as to whether customers would be willing to both maintain brand loyalty or pay extra for products that are deemed to be sourced and produced from sustainable sources and social responsibility driven labor practices.

Survey 111

Survey Sustainability Cost Reduction Strategies Sourcing Strategies 111

BlueYonder

OCTOBER 9, 2017

Technology has become the equalizer, trampling once unique selling propositions and strategies, as customers wield great power among retailers, distributors and manufacturers alike. Several businesses jumped in the fray, labeling themselves as omni-channel before fully understanding the capabilities and governance required.

Vendor Strategies 43

Vendor Strategies Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies 43

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

BlueYonder

OCTOBER 9, 2017

Technology has become the equalizer, trampling once unique selling propositions and strategies, as customers wield great power among retailers, distributors and manufacturers alike. Several businesses jumped in the fray, labeling themselves as omni-channel before fully understanding the capabilities and governance required.

Vendor Strategies 40

Vendor Strategies Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies 40

Exiger Perspectives

APRIL 3, 2023

A proven supply chain risk management framework, like Exiger’s TPRM and SCRM framework , enables compliance teams, corporations and governments to identify, assess and respond to third-party service providers, supplier risks and other involved procurement risks throughout their supply chain lifecycle.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Arena Solutions

MAY 2, 2023

2 Laying the foundation for sustainability success Companies can benefit from these four broad circular economic action items as part of their environmental, social, and governance (ESG) strategy and efforts. Integrate this agenda with other plans (like an industrial or digital strategy) and track progress using metrics.

Material Savings 76

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 76