SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Throughout this course, you will gain valuable knowledge and practical insights on various aspects of the sourcing process in procurement.

Purchasing Training 80

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 80

Supply Chain Shaman

JUNE 7, 2021

He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. A forum was great for networking but not for driving process innovation. John and I held differing beliefs.

Gartner 198

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

Unleashed

MAY 7, 2024

It’s a blend of innovative technologies and eco-friendly practices that companies might implement, including the use of renewable energy sources, recycled materials, and more durable product designs which are easier to repair. Improved worker safety and satisfaction through the promotion of healthier workplace environments.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Supply Chain Excellence Is Closely Coupled With Product Innovation. Leaders invest in analytics and customer-centric innovation.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Ask yourself, "Has the Lean team plateaued?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Although primarily designed for investors, the tool gives companies an overview of financially material ESG metrics for their industry. Ask for help.

Material Savings 52

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

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Although primarily designed for investors, the tool gives companies an overview of financially material ESG metrics for their industry. Source: sasb.org. Ask for help.

Material Savings 52

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

Unleashed

MARCH 28, 2021

Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. In his article Strategies for Global Sourcing , David Pyke explored five types of sourcing relationships: buy the market, ongoing relationship, partnership, strategic alliance, and backward integration. Efficient onboarding.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Intelligent Audit

MARCH 23, 2021

This is reliant on embracing modern technology and innovations. More than one source of data and analytics is needed to get the most precise possible picture of supply chain spending and operational costs. The post How to Optimize Shipping Costs Across All Modes With Analytics appeared first on Intelligent Audit.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Logility

MARCH 16, 2021

a leader in supply chain innovation powering the sustainable and resilient enterprise, invites you to part two of the webcast series, Deliver Better Business Outcomes – Managing Supply Variability. ATLANTA – March 16, 2021 – Logility, Inc.,

Supply Chain Planning Software 130

Supply Chain Planning Software Analytics Software Demand Planning Software Optimization Software 130

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Very unlikely.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Unleashed

MARCH 16, 2021

So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. How to set up a purchasing department. Time is limited when it comes to sourcing, tendering and negotiating with suppliers. Source the right technology. Goals of purchasing. Purchasing software.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. How do you know what data points are a true signal, and what’s just noise? This all begs the question: how can you get the right data, and do it without a ton of pain? Step 1: Set the strategy.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

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

Supply Chain Game Changer

SEPTEMBER 28, 2022

Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. Here is a guide on how to get ready for redesigning your website , what factors to consider before doing it, and how to maximize the value of your update efforts. Why Think about Redesign?

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

NC State SCRC

MARCH 16, 2017

year over year savings – and 25% are reporting revenue metrics – but 97% stick to cost savings. Innovation is our life blood – not just with products, but with processes, in the way we are organized and the way we use technology. What is a culture of innovation? J&J’s Credo encourages everyone to innovate.

Optimal Sourcing 40

Optimal Sourcing Innovation Procurement Supply Chain Design Software 40

Supply Chain Shaman

FEBRUARY 27, 2020

are working on a“if all you have is a hammer, all you see is nails” problem – they have been making boxed, canned and otherwise shelf-stable packaged food for well over a century but now consumers and retailers are looking for fresh foods and they don’t know how to adapt. Certainly, Campbell’s foray into its c-Fresh business ended in tears.

Analytics Software 242

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 242

Supply Chain Shaman

MAY 21, 2013

But, the tune has changed, and they are unsure how to dance together. The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service). The focus has been on sourcing and managed costs. Balance innovation and standardization.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. Image source. Among other things, the pandemic taught us how to have compassion, and see people as people (you know — real human beings), and to check in with our peers to make sure they’re okay.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Although transparency sounds like a straight-forward subject, Bateman and Bonanni note, “Less clear is how to define transparency in a supply chain context and the extent to which companies should pursue it.”

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Procurement Academy

OCTOBER 19, 2023

This procurement approach looks at the delivery of value beyond instant cost savings, such as timely delivery, compliance, and innovation. Managing bias – excellent negotiators understand how to manage their own biases and those of others to reach the best result.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Material Handling & Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. It arrives from an array of sources, and it is presented in a variety of formats.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Unleashed

JANUARY 29, 2024

This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Arkieva

JANUARY 27, 2017

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. Related: How to Perform a Supply Chain Management Assessment for 2017. Source: Arkieva.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

Supply Chain Insights

JULY 23, 2017

How does it help? Use our Metrics That Matter methodology to look at improvement and performance. Want to know what your customers value and how your organization’s performance delivers? We will test to understand how you stack-up to your competitors and how to make customer service actionable. How to keep up?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Talking Logistics

DECEMBER 5, 2017

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? How do we analyze it efficiently? How do we use it to our advantage?

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105

Supply Chain Shaman

SEPTEMBER 2, 2016

Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics. Driving the future requires innovation… Figure 4. Communicate the balanced scorecard for the team through clear leadership communication and stay the course. Are you building next generation supply chain talent?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

QAD

AUGUST 26, 2021

However, barriers continue to exist and technology is not always being used to its full potential, as we learn in a recent article , “How to Outsmart AI Business Challenges” in SCM Now Magazine from the Association for Supply Chain Management. To remain competitive, the time for such digital transformation is now. Data Readiness.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 98

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

OptiProERP

NOVEMBER 3, 2022

You need to know what you want to achieve before figuring out how to achieve it. Digitalization can help you make better decisions with the help of business intelligence, find new revenue sources, gain a competitive advantage, and be more agile as an organization. Define Metrics to Measure Success. Establish Buy-in Company-Wide.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Talking Logistics

AUGUST 27, 2018

According to Tham, both brands and suppliers need to build up the courage to move away from the status quo and go boldly together toward new ways of working, enabled by enhanced trust, collaboration, and innovation. Source: Nulogy. How to Build Trust with CPGs and Suppliers. Carl Melville (The Melville Group).

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 101

Supply Chain Trend

DECEMBER 22, 2023

However, standing still and sticking to old dogma’s, not innovate, come up with new ideas and envision a better supply chain planning future is not an option for me. An example on how to map a decision tree based on functional goals and business issues is given in this Decision Back whitepaper. However, there are other benefits.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Proxima

DECEMBER 10, 2020

What could these new goals look like and how can companies continue to best optimize their spend? In a recent article, The Financial Times identified changes to bonus plans as adding non-financial metrics to bonus qualifications and excluding months of poor profits increased during the worst of the pandemic.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Price Reduction Negotiating Skills 52

o9 Solutions

JANUARY 25, 2023

A proposal list of required metrics for producers to report includes: Name of the product and producer, Location of the factory, the origin of the materials used, Proportion of chemical and recycled materials, Instructions for use, recycling, and/or disassembly. 2021 ; Walden et al.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52