Remove How To Remove Procurement Remove Supply and Demand
article thumbnail

Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. In a recent blog post, I was challenged by Anna. The reason?

article thumbnail

AI-powered Demand Planning for Building Materials and Cement Industry: How To Balance Supply & Demand

ThroughPut

While the construction industry itself poses some unique challenges in supply chains across the world, cement manufacturing comes with its own diverse set of differentiators like the ones mentioned below: Top unique challenges of cement industry. Cementing supply chain operations: Key drivers for optimized cement supply chains.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

In 2022, I frequently ask companies to draw their river of demand. The activity is designed to challenge new thinking–to rethink demand as a flow, to identify rocks (barriers), and define process latency (the time to make a decision). Drawings from Two Very Different Businesses Portraying the River of Demand. Mistake #3.

S&OP 195
article thumbnail

The Strategic Importance of Global Procurement

Logistics Bureau

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

article thumbnail

GEP Outlook 2022

Supply Chain & Procurement: Key Trends, Challenges and Opportunities. Supply chain and procurement leaders need to know how to navigate an altered playing field and rethink their approach in 2022 in a never-normal world.

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. The Failure of Existing Demand Planning Solutions.

article thumbnail

How Demand Planning Influences Supply Planning through Predicting Future Demand Patterns

Vanguard Software

And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. These examples show how imperative a proper process for demand planning and supply planning is to an organization’s overall health and profitability. Download Brochure.

article thumbnail

Five Best Practices for Balancing Costs, Risks, and Sustainability

In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs.

article thumbnail

The Pandemic Crisis Management Handbook for Procurement Managers

At these uncertain times, the c-suite alone cannot prepare an organization for this pandemic, there is much that procurement leaders can do to lessen the impact.

article thumbnail

2023 Procurement Planning: How Shippers Can Navigate Disruption With More Agile Strategies

In 2023, shippers have an opportunity to reimagine their supply chain operations so they’re well equipped to navigate any future disruption. Understanding when and how to leverage real-time, spot, contract and dedicated procurement—depending on business needs and the state of the market—will be vital to navigating supply chain volatility.

article thumbnail

How to Prepare Your Supply Chain for Chip Shortages

TadaNow has helped many customers with short-term and long-term planning to prepare them for supply chain shortages and procure needed electronics components in the most efficient way possible. It will have a long-term impact on all industries, even those that don’t directly relate to the chip manufacturers.

article thumbnail

Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start.

article thumbnail

Supply Chain 4.0: Why You Need to Digitize to Survive

Speaker: Laura Garcia, Sr. Editor at Supply Chain Digital and Procurement Magazines

During this webinar, we’ll discuss how to take an objectives-first approach and demystify some of today’s hottest tech such as IoT, AI, and Big Data and show you how they can help build resiliency, unearth competitive advantages and optimize bottom-line results by: Fostering innovation. Implementing strategic procurement strategies.

article thumbnail

The State of Data and Insights in Healthcare Logistics

Amid significant regulatory and compliance changes around the world, they've had to contend with massive supply chain disruptions caused by the pandemic. Increasing demand for specific products is also causing supply chain shortages.

article thumbnail

Problem Solved: Boost Resilience with Supplier Diversity

Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group

Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurement plan. This session will also cover: How to widen your pool of potential suppliers to achieve stronger supply chain resilience and adaptability.