GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

The Logistics & Supply Chain Management Society

JULY 16, 2023

Also Malaysia has dedicated halal parks, 22 in total, supported by halal park guidelines and incentives. You cannot rely solely on a general management risk reports but also need to develop a specific view of risks, such as halal risks.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

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 ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Arena Solutions

OCTOBER 12, 2023

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit? billion to $855.62 billion in 2023.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Precoro

APRIL 24, 2023

Reduces maverick spending Maverick spending refers to off-contract purchases from non-preferred suppliers. It occurs when employees bypass the standard procurement process while making unauthorized purchases, and it often results in higher costs and reduced visibility into spending.

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! He’s only one and a half years old and is already, now, rather well trained. In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. My girlfriend and I have a dog, named Charlie.

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance. Scalability. Data Insight Strategy.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 130

Precoro

APRIL 22, 2024

Management of the company's financial operations requires strong leadership, experience, analytical skills, a deep hands-on understanding of financial principles, and familiarity with the best practices the company has already adopted. After all, purchases are a large part of company finances.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

Talking Logistics

OCTOBER 29, 2013

What is this going to cost? You could answer them with a purchase order (P.O.) Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Understand technology, information, and reporting tools and how to use them in the business. Commit to systems and process training. Why is it late? gain equation.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

Supply Chain Game Changer

APRIL 4, 2019

Where does Procurement stand in your organization’s Value Chain? I speak with Procurement, Sourcing and Purchasing professionals every day, from various globally functioning organizations, and there’s a resounding similarity in every one of those conversations…. Procurement is?—?still?—?largely Secondary: Procurement ?—?is

Procurement Solutions 60

Procurement Solutions Procurement Analytics Purchasing Skills Supply Chain Planning Software 60

QAD

AUGUST 25, 2021

ERP can considerably streamline an organization’s operations, automating functions such as accounting, procurement, project management, customer relationship management, risk management, compliance and supply chain operations. Real-time Data & Enhanced Reporting. Upfront Costs. Cloud Accessibility.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Forecasting Software 52

Supply Chain Shaman

JUNE 29, 2016

For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. E2open, following a rough 2014, was purchased by Insight Venture Partners in 2015.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

Unleashed

SEPTEMBER 28, 2021

Put simply, demand forecasting is when data is used to predict demand for a particular product and in what quantity – in other words, to forecast what you’ll need to purchase to minimise waste caused by either stocking out of a product or overstocking it. That data then goes to the company’s central inventory management system.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 98

NC State SCRC

NOVEMBER 6, 2021

Nowhere is digital transformation needed more than the Los Angeles port, where major operational disconnects are occurring between ships, trains, and trucks. However, not every supply chain and procurement decision fits neatly into this category. This is a “positive vote for the machine”.

Purchasing Training 52

Purchasing Training Supply Chain Planning Software Supply Chain Planning Negotiating Skills 52

Unleashed

MARCH 24, 2024

Takt Time Takt time is a metric which measures how many units you will need to produce each day to meet customer demand, without overstocking or under delivering. Relevant safety guidelines. After you’ve got your plan in hand, you can use it to train your people, set expectations and measure success. Purchasing excess materials.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Unleashed

NOVEMBER 5, 2023

Better data provides more accurate inventory information and real-time reporting. As with other methods of supply chain automation , a barcode inventory system’s primary role is to enable businesses to get more done, in less time, with fewer costs to the business. Train your staff on how to use the inventory barcode system effectively.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 52

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Talking Logistics

JANUARY 25, 2016

Based on recent reports, it appears that, three years later, the answer to that question remains the same: We don’t know. Less than 28% of businesses in this group claim to have provided training to employees and local suppliers on modern slavery. 68% of supply chain managers call for legal and financial penalties for non-compliance.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning 100

Precoro

JUNE 21, 2023

Accurate financial reporting is crucial for maintaining transparency, complying with laws and market regulations, and building trust in relationships with suppliers, creditors, and investors. Let’s take a look at how following standardized guidelines can benefit companies and, specifically, their AP departments. What is GAAP?

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

SupplyShift

APRIL 27, 2021

According to Patricia, YESS is based on OECD Due Diligence Guidelines. While the YESS audit of spinners and mills can be done to similar standards as cut & sew, one difference is that many brands do not purchase fabric or yarn directly, and hence do not have a direct business relationship with mills in their supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 52

6 River Systems

JUNE 29, 2020

Senior management should set the tone, announcing that anticorruption efforts remain a priority, and ensure the message reaches all employees and partners by mandating training, reinforcing the code of conduct, and reiterating that now is not the time to circumvent the rules — even if doing so would temporarily speed up business processes.

Supply Chain Planning Software 116

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

Precoro

NOVEMBER 23, 2022

Three-way matching is an essential step in the procurement flow process that involves cross-referencing three critical documents – purchase order, receipt, and vendor invoice – to determine whether an invoice should be paid. First, the corresponding purchase order is located. What Is Three-Way Matching? What has been delivered?

Procurement Solutions 98

Procurement Solutions Pricing Training Procurement Analytics Purchasing Skills 98

Arena Solutions

MARCH 22, 2024

PLM, like any major purchase whether for personal or business, requires time invested. Misaligned Expectations Lack of alignment across the organization can result in ambiguous business outcomes, uncertain success metrics, fragmented project implementations, or resistance to change. 10 COMMON PLM ADOPTION MISTAKES 1.

Analytics Software 90

Analytics Software Modeling Software Sourcing Strategies Purchasing Training 90

SupplyShift

APRIL 27, 2021

According to Patricia, YESS is based on OECD Due Diligence Guidelines. On Challenges of Reporting and Monitoring One attendee asks our panelists if other standards or initiatives ensure chain of custody in cotton sourcing, pointing to examples such as Fair Trade and Cotton Made in Africa. Learn more about the YESS pilot here.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 40

6 River Systems

JUNE 10, 2019

“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. with a backup plan as part of contingency planning.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

6 River Systems

JANUARY 10, 2019

Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. Invest in continuing training programs. Secondary and contingent supplier planning.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

Enterra Insights

FEBRUARY 24, 2021

” Since AI ethics begins with the people who develop and deploy algorithms, critics see this lack of training as a critical shortcoming. The ethical answer is to self-destruct; but, members of the public are unlikely to purchase a car with such programming, knowing that it could make them victims. The need for AI ethics.

Modeling Software 100

Modeling Software Analytics Software Optimization Software Guidelines 100

Elementum

DECEMBER 11, 2023

Whether it be in customer service, procurement, finance, or any other core business function, BPA has become a staple for businesses looking to optimize their operations and improve their overall performance. These tasks can span across various departments, such as sales, marketing, HR, compliance, and training.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

EcoVadis

MAY 21, 2014

health and safety, training and education) and Human rights (e.g., Expertise in sustainable operations is indeed accumulated during time and depends on the amount of personnel’s education, experience and professional training in initiatives related to environmental management systems, eco-design, health and safety and codes of conduct.

Sustainability 40

Sustainability Supply Chain Design Software Purchasing Training Supply Chain Design 40

ShipBob

APRIL 30, 2023

Plus, you establish and regularly check metric-driven goals (around speed and quality) for your team. Moving to the “Stellar” level requires a shift in your goals from just meeting demands to further optimizing processes and delighting customers with: Regular reporting on holistic metrics, as well as variances.

Customer Service 52

Customer Service Optimal Sourcing Procurement Analytics Optimization Software 52

ShipBob

SEPTEMBER 10, 2021

Posting guidelines to enforce basic hygiene habits (e.g., Proper training on handling hazardous materials. Part of a warehouse receiving inspection includes training staff on throughly checking important details of every delivery: Quantity delivered and ensuring it matches what is listed on the purchasing order.

Warehousing 52

Warehousing Supply Chain Design Software Inventory Management Software Inventory Reduction 52

Supply Chain Movement

MARCH 26, 2015

The procurement manager provides customer service support to DaVita employees for the purchase of products and services used in dialysis facilities and in business offices. Setting & reporting the Min-Max stock levels (Center, Regionally &Nationally) for items & product coverage: HD/PD consumable, IV Fluids, Pharma,VA.

Saudi Arabia 60

Saudi Arabia Purchasing Skills Negotiating Skills Purchasing Training 60

Supply Chain Trend

DECEMBER 13, 2016

Currently as the Director of Supply Chain for Newell Brands Applied Materials, he oversees the SIOP process, production planning, procurement, warehousing, and logistics for servicing big box retailers including Walmart, Lowe’s, and The Home Depot. I have purchased the E-Book myself and truly enjoyed it. .

S&OP 60

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

EcoVadis

JULY 17, 2015

Responsible supply chains have reached the top of G7 global leaders’ agenda who in June urged businesses to strive to reach compliance with global human rights standards such as the UN guiding principles on business and human rights and the OECD guidelines on multinationals. The move looks like some kind of French revolution.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 40

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. ’ reports OSHA. Shore up your training techniques. Purchase dynamic equipment. Bending or twisting while accessing loads.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Arkieva

JANUARY 6, 2017

After a couple of quick questions about the product that she had purchased, it was obvious to me that the product itself had the right features. I was, and I still am passionate about applying statistics and advanced analytics to the supply chain domain. I’m still training supply chain experts on how to do this. Read More ».

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61