Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Silvon Software

APRIL 23, 2019

Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving administrative efficiency, but also by building stronger supplier relationships that can make them more competitive, profitable and nimble. AT A HIGH LEVEL …. Influenceable and Managed Spend.

Purchasing Skills 90

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. 77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. We’ve all been witness to this!

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. As a quantitative measure, CFOs can use a rating to see how investments improve performance over time (e.g. Why else might a company seek a rating?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. My great-aunt Ione, who lived to be 103, quit smoking at 97, which prompted the question “why now?”

Inventory Reduction 292

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 292

Logistics Viewpoints

MAY 19, 2022

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges.

Optimal Sourcing 230

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 230

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. They are all essential parts of Kroger’s analytics capabilities and, if leveraged correctly, can provide crucial insights to improve business operations.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

JUNE 7, 2021

Lately, as I reflected on my conversations with John (fictitious name) when I was at AMR Research, I yearn to go back in time. Gartner purchased the firm in 2010.) My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. My approach took too much time and resources.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

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. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. Photo Credit: Changi Airport Group. Photo Credit: L’Oréal.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Logistics Viewpoints

DECEMBER 8, 2022

Visibility solutions allow real-time asset tracking across the entire distribution network. This enables improved estimated arrival times of goods. Based on ARC Advisory Group’s new global market report, the five largest providers of TES, listed alphabetically, are Descartes, E2open, FourKites, Infor Nexus, and project44.

Rail Software 189

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 189

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 265

Case Study Inventory Reduction Agile and Lean Supply Chain Study 265

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Order cycle time.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Supplier On-time Delivery : To achieve their supply chain objectives, manufacturers must have suppliers who are at least as efficient as they are, but preferably more efficient. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Shaman

DECEMBER 18, 2014

On my way back to the train, I struggled with what had just happened. Bridget, crossed her arms and asked why the project that they had just implemented on improving demand planning was not sufficient; and Lee across the table chimed in to say that the new processes of Integrated Business Planning (IBP) would do the trick. It is MUDA.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

Arkieva

JUNE 28, 2016

Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? We might use “availability in Excel directly or with Add-ons” as an “age metric’.). The term analytics emerged over the last 10 years (Rose, R.

S&OP 64

S&OP Procurement Analytics Analytics Software Supply and Demand 64

Logistics Viewpoints

SEPTEMBER 19, 2022

In 2021, more than $25 billion was invested in supply chain companies in just the first three quarters of the year. At the time, Great Hill Partners managed 2 investment funds with over $300 million in equity capital (today Great Hill manages closer to $6 billion). Bruce Welty, Founder of the Unicorn Locus Robotics.

Modeling Software 204

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 204

Logility

APRIL 7, 2020

Intertape Polymer Group is thinking outside the box and working with Stanfield’s Ltd to produce PPE garments for medical teams on the frontline battle against COVID-19. These are just a few of the countless and amazing innovations we hear about on a daily basis. Finally, use these exceptional times to do something exceptional.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Unfortunately, it just got worse. The healthcare provider world is facing tremendous strain as a result of the pandemic. I have some real context of this, living in NYC and having a family member that works at a hospital.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

JUNE 29, 2014

I remember the first time that I met the founders, Don and Toby. ” And from time to time, when we were behind deadline, and teasing each other about the looming weekly post, we would throw our llamas from cubicle to cubicle. It could no longer be just about inventory levels. The conference was low-key. Reflections.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Unleashed

JANUARY 24, 2022

The three broad approaches employed to achieve this are internal, third-party and hybrid: Internal MRO inventory management uses in-house costing analysis, just-in-time inventory methods, and other inventory control techniques. MRO inventory also includes wearable goods like uniforms and protective gear.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. The average price paid for goods purchased. and fulfilment times fell, from 20 days to around two weeks. days on average.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Unleashed

MAY 1, 2023

Meet the experts Nicki Hawkins – Cost Accountant & Head of Purchasing – Ribeye Boats , premium leisure boats in Dartmouth, Devon. Begin with high-level market data and work down to revenue A common mistake when trying to predict demand is to rely solely on internal data. near Exeter.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

Logility

JANUARY 16, 2018

I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Supply Chain Shaman

SEPTEMBER 17, 2015

Transmitted perfectly, replicated indefinitely; and with a one-time investment in network infrastructure, a digital task performs well with zero marginal cost. On the journey for the supply chain leader, time is irony personified. The use of social data in supply chain processes is just beginning. There is tension.

Prescriptive Analytics Software 150

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

ShipBob

NOVEMBER 24, 2023

It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. Treating all stock the same can quickly lead to costly inefficiencies like overstocks and stockouts.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Walmart recently made headlines when it toughened delivery demands for its suppliers.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Supply Chain Insights

JULY 27, 2017

In groups of 5, each team member is given a different role: Finance, Sales, Marketing, Production, and Procurement. In groups of 5, each team member is given a different role: Finance, Sales, Marketing, Production, and Procurement. Screenshot of SCI IMPACT! Results Example.

Inventory Reduction 77

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 77

Supply Chain Shaman

APRIL 27, 2022

The promise of a well-intended consultant just sounds sooooooo good. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.)

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

Supply Chain Shaman

FEBRUARY 16, 2016

At one time a three to five minute response would be seen as immediate. Now the expectation is immediate or real-time. As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. One of my clients waits four days for a custom report. It is sad, but true.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

EcoVadis

MARCH 31, 2017

It is no secret that modern supply chains are increasingly exposed to risks that can result in increased operational costs, large losses, and long term damage to your corporate reputation. Predictable risks are still causing significant losses on a daily basis. which can vary by geography. What is the Depth of Supplier Coverage?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Unleashed

JANUARY 10, 2023

By reducing the cost and lead times of your goods, you’ll make more from each sale. By joining this exclusive group, your business gains an immediate leg up on the competition. By joining this exclusive group, your business gains an immediate leg up on the competition. And it all starts here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. We are just now starting to see innovation return to JDA and GXS assets under OpenText ownership. It is seldom positive for the line-of-business user.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Supply Chain Game Changer

NOVEMBER 16, 2018

This was what my Controller just told me. We had just acquired another company. Neither option that the Controller just mentioned was palatable. The fact that we reached out to them and talked to them, as opposed to just not paying our bills and not telling them, bought us some goodwill and time. Subscribe Here!

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

Provenance

APRIL 13, 2021

In recent decades, the trade has undergone a radical digital transformation and evolved from a one-way broadcast to a conversation: on top of their regular campaign cadence, today’s marketers are communicating with customers and responding to events in real-time on social media. Imperfection is OK, just be transparent about it.”.

Sustainability 52

Sustainability Procurement Analytics Price Reduction Purchasing Skills 52