Supply Chain Shaman

APRIL 9, 2021

This included one-number forecasting, Integrated Business Planning (with tight integration to the budget), labor arbitrage strategies (chasing low-cost labor with extended supply chains), and tax-efficient supply chain strategies. Focus on functional metrics without alignment to a balanced scorecard to drive value. Mistake #3.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Over four-hundred days of war in Ukraine. Unrest in Sudan.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

ivalua

JUNE 26, 2023

Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Consumers are demanding more transparency and accountability from businesses when it comes to environmental, social, and governance (ESG) issues. The answer is simple – automation.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

ivalua

JUNE 11, 2021

As governments around the world start to better understand the challenges caused by Covid-19, the serious global threat posed by climate change is moving back up the commercial agenda. Ikea – Slawomir Peter. Now is the time to act, and to engage your supply chain on this important global issue. Sounds interesting? Sign up HERE.

Supplier Management 130

Supplier Management Sustainability Procurement How To 130

Supply Chain Shaman

DECEMBER 28, 2020

George’s stated goal was an “end-to-end supply chain strategy,” but the verbage rambled in a non-sensical cycle of monosyllabic industry slang when asked to define it. Educate all of the Georges of the world by getting good at modeling and build asset and inventory strategies based on both bias and error. The So What?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

QAD

AUGUST 31, 2023

Governance is always discussed but rarely applied effectively. Governance is always discussed but rarely applied effectively. The key to successful governance is change control, sticking to the plan and saying NO to scope change. The key to good governance at all times is structure, structure, structure.

Resource Reduction 97

Resource Reduction Waste Reduction Material Savings Cost Reduction Strategies 97

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 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

ToolsGroup

JUNE 6, 2023

ToolsGroup provides the solution we need to make faster, more accurate decisions that deliver the best consumer experience, while achieving our business metrics and strengthening relationships network-wide. “We want every node of our supply chain – from upstream suppliers to downstream franchisers – to be just as customer-focused.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Another technique you can use is to audit existing relationships with suppliers to ensure transactions are running as smoothly as possible – a method used by business and government organisations alike.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

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

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. Creating a new supply chain strategy can be complicated, if not daunting. Before diving into making your strategy, take a deep breath and consider your objectives. A strategy is bound to fail if you can’t define success. It’s time to step back and re-evaluate.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Enterra Insights

JULY 18, 2023

Such predictions concern governments, populations, and industries. ” Private Sector : “Develop water resilient business strategies. ” Financial Institutions : “Engage with clients or investee companies on water risk and resilience strategies. .” rising sea levels, droughts, floods, etc.),

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Logility

AUGUST 15, 2023

Planners can then pinpoint revenue at risk due to a high resilience index, transcending the conventional scope of multi-sourcing strategies.” This broad spectrum must be captured fully, including metrics on energy consumption, water usage, and overall environmental impact,” explains Vethuizen.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Kinaxis

JUNE 24, 2016

Based on what I have observed at leading organizations, and also as a practitioner and former planner myself, S&OP is much more akin to an operating model or governance model for the supply chain than it is a process. Governance or Operating Model. Metrics and Dashboard Reviews. S&OP is not…. S&OP is….

S&OP 120

S&OP Supply and Demand Inventory Reduction Cost Reduction Strategies 120

Supply Chain Insights

JUNE 1, 2017

The importance of supplier development and risk management, along with corporate social responsibility and governance are emphasized. What is the business strategy? What supply chain strategy aligns with that business strategy? It was difficult to compare the companies based on these results.

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

Supply Chain Shaman

FEBRUARY 5, 2020

Clarity of Strategy. Great S&OP processes start with clarity of strategy. Most people, enamored with technology, find it difficult to drive governance (who should make decisions and how should decisions be made). Strategy Alignment. Governance. A Focus on the Basics: Let’s start with the basics.

S&OP 316

S&OP Supply and Demand Forecasting Supply Chain Planning Software 316

Logility

MAY 27, 2020

Executives know that clear performance metrics are the starting point for supplier management. You can’t use a one-size-fits-all strategy for scoring supplier performance. Because it’s impractical to treat every supplier uniquely, organizing them strategically and creating differentiated strategies is more effective.

Analytics Software 130

Analytics Software Predictive Analytics Software Supply Chain Planning Software Optimization Software 130

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

Logistics Viewpoints

JULY 22, 2021

Several factors contribute to this such as ESG (Environmental, Social, and Governance) initiatives by companies opting to conduct business with suppliers with more sustainable practices, or push by the governments for domestication or near shoring of supply chains. CSCO and CPO, both can benefit from a closer collaboration.

S&OP 244

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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

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. Analyze performance metrics and implement improvements to enhance efficiency. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

JANUARY 31, 2022

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. A Decline in Innovation. How could this be?”

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. These non-financial factors can, in fact, lead to a bigger bottom line.

Waste Reduction 88

Waste Reduction Material Savings Resource Reduction Price Reduction 88

BlueYonder

NOVEMBER 30, 2012

At a recent industry conference, I asked my 80-plus audience to raise their hands if they were “OK” with the current status of their performance measurement governance practices – including Metrics Identification, Measuring, Tracking, and Controlling. Only three managers raised their hands. Lack of consistently clean data.

Agile and Lean Supply Chain 51

Agile and Lean Supply Chain Lean Government Waste Reduction 51

Supply Chain Game Changer

JULY 14, 2021

This, they say, includes value delivery through supplier- enabled innovation (SEI); sustainability through environmental, social and governance (ESG) goals; as well as agility through digitalisation — all of which will enable the business to deliver on its growth agenda” (Procurement Leaders 2021). Create a Sustainability North Star Metric.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

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

Elementum

DECEMBER 14, 2023

Metrics to Measure Success Once automation has been implemented, it’s crucial to track its success through Key Performance Indicators (KPIs) and other metrics. Remember to review and adjust your automation strategy based on these metrics and evolve your processes to maximize efficiency and effectiveness.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

Supply Chain Shaman

FEBRUARY 7, 2022

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. A Decline in Innovation. His response? How could this be?”.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

FEBRUARY 14, 2022

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. Without clear governance, customer data never sees the light of day. I give you this evidence in this blog.).

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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

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. million gallons of SAF this year.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. I love doing strategy days with teams. Carefully Design Regional/Global Governance.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

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

GlobalTranz

DECEMBER 11, 2018

Innovation & Strategy Resources for Shippers. The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Listen to “Shippers Who Excel at Recruiting Talent Have More Innovation & Improve Customer Service” on Spreaker. Download E-Book. Download E-Book.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Innovation Real Estate Resource Reduction 137

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. Recognition of asset strategies in go-to-market plans. Local/Global Governance. Clear governance of global planning and local decisions. Functional metric orientation.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

Precoro

DECEMBER 11, 2023

With strategic sourcing, historical and current data are collected in order to analyze established processes, predict market requirements, maximize purchasing power, and align purchasing strategy with organizational objectives. Sourcing strategy Next, the sourcing team creates an actual sourcing strategy. Building risk strategy.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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