Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Learn how data can drive your roadmap with our survey, “ Digital Transformation: How Close Are We? ”. Instead, it’s time to look for a new direction.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Logistics Viewpoints

JULY 18, 2022

In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. Ferguson PLC, value added distributor of plumbing and heating products, came out with their third quarter results on June 14 th.

Supply Chain Design Software 223

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 223

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). . Impact on the ecosystem.

Procurement Analytics 52

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Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) At the time, I was fascinated how the most mature teams bucked the system. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. The first step requires an overview of income and expenditure in real time. But why is liquidity management so important? Some assets, known as liquid assets (e.g.,

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

crisp

DECEMBER 15, 2021

It’s an incredibly exciting time to work in the supply chain. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. For one, it’s time consuming. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

QAD

MARCH 9, 2023

Only 2% of companies felt completely prepared for the pandemic and 57% reported serious disruption in a recent survey. Another survey found that the pandemic prompted many companies to move up their timelines for adopting digital technologies by three to four years. How Have Global Supply Chains Changed Since the Pandemic?

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

EcoVadis

SEPTEMBER 4, 2019

Data from this year’s Sustainable Procurement Barometer shows there’s a clear ROI for moving along the sustainable procurement maturity curve. . Over three times as many leaders (76%) do this compared to non-leaders (20%). times more by leaders (82%) than non-leaders (34%). Corrective action plans are also used almost 2.5

Supply Chain Planning Software 45

Supply Chain Planning Software Optimal Sourcing Modeling Software Supply Chain Software 45

EcoVadis

APRIL 18, 2017

In the recently released EcoVadis/HEC Sustainable Procurement Barometer , 97% of organizations surveyed consider sustainable procurement important or critically important. It is clear that mass adoption of sustainable procurement has arrived.

Survey 40

Survey Resource Reduction Material Savings Vendor Strategies 40

HICX Solutions

NOVEMBER 29, 2022

As Adam Brown , Managing Director, Procurement Strategy & Digital Transformation at Maersk , points out in a recent interview with HICX, “The sheer multitude of touchpoints for suppliers when transacting with many large enterprises can create confusion and inefficiencies.”?. The issue resonates with suppliers. Have I got a purchase order?

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Resource Reduction 52

Logistics Viewpoints

OCTOBER 5, 2021

As I write this in the fourth quarter of 2021, there’s just no telling what the new year will bring in terms of emerging logistics challenges. How can logistics teams hope to focus on these priorities, when too often they are struggling just to complete daily tasks and deliver on time?

Logistics Network Optimization Software 213

Logistics Network Optimization Software Resource Reduction Waste Reduction Cost Reduction Strategies 213

EcoVadis

JULY 24, 2019

The 2019 Sustainable Procurement Barometer is here, with some key insights on the current state of sustainable procurement and trends for how organizations around the globe are tackling sustainability in their supply chains. A very real and risky compliance trap. Shifting priorities to social and labor themes.

Study 40

Study Sustainability Procurement Trends 40

EcoVadis

SEPTEMBER 12, 2019

Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Nearly half of procurement organizations (45 percent) indicated they only have visibility into tier-1 suppliers. The roadblocks are limiting sustainable procurement value and ROI.

Optimal Sourcing 40

Optimal Sourcing Sustainability Procurement Supply Chain Planning Software 40

GlobalTranz

NOVEMBER 19, 2018

Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Also, the local government’s regulations are a bit strict regarding your local footprint.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

HICX Solutions

JANUARY 27, 2022

The turbulent events of 2020 and 2021 have brought the world to a virtual standstill and with it a realization of just how dependent organizations are on their supplier communities. What Are the Benefits of Supplier Relationship Management? There is the possibility of utilizing it to drive innovation management.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Supply Chain Game Changer

AUGUST 13, 2020

As the Coronavirus’ outbreak continues, and it’s residual effects upon the global economic state have only just begun, there are a lot of questions swirling around about the future of global business, and future application of globalization strategies. But what is globalization, really? Its worldwide expansion is an example of globalization.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Unleashed

AUGUST 20, 2023

Long lead times can hurt sales and customer retention. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. In this lead time guide: What is lead time?

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Game Changer

MAY 5, 2021

Just-in-time” production has become a hallmark of today’s Supply Chains. Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

HICX Solutions

SEPTEMBER 20, 2022

Ahead of the launch of HICX’s own Voice of the Supplier Survey , in which we asked 500+ large and international suppliers dealing with enterprise customers in the CPG, FMCG, Aerospace Defense and Energy sectors about their experience serving some of the biggest organizations in the world (i.e., The buyer-supplier relationship dynamic.

Negotiating Skills 52

Negotiating Skills Buyer Training Modeling Software Optimal Sourcing 52

Supply Chain Shaman

NOVEMBER 9, 2014

I find that many times companies have the wrong name, or a misnomer, for what they are trying to achieve. It was my first time working with this group. As I sat in the back of the room, shifting in my chair, waiting for my time to speak, I watched speaker after speaker endorse the concept of one team. I am passionate about it.

Manufacturing Procurement 289

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 289

Enterra Insights

MARCH 17, 2022

With green being the order of the day, it’s a good time to think about sustainability efforts. Patrick’s Day is the holiday when even the most recalcitrant American feels tempted to don green clothing or sip on some green beer. But what if everyone wore blue on March 17 each year instead? After all, the earliest depictions of St.

Supply Chain Design Software 147

Supply Chain Design Software Eliminating Excel in Purchasing Material Savings Waste Reduction 147

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?

Agile and Lean Supply Chain 88

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 88

Taulia

JULY 11, 2023

A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example. At the same time, ESG risks are a growing concern for businesses. Suppliers’ ESG performance should also be monitored over time.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

HICX Solutions

APRIL 5, 2022

In a webinar on Putting Supplier Experience Management at the Forefront of Strategic Procurement , Procurement practitioners discussed how the COVID-19 pandemic made companies realize they have to start viewing different situations from the suppliers’ perspective and adopt a Supplier Experience Management (SXM) approach.

Just-in-Time 52

Just-in-Time Procurement Supply Chain Software Demand Planning Software 52

HICX Solutions

SEPTEMBER 2, 2021

SXM Webinar Series with Art of Procurement. The third and final part of the Art of Procurement and HICX live series, hosted by Kelly Barner , focuses on supplier centricity and the benefits of Supplier Experience Management (SXM). The importance of supplier centricity in procurement. But our organization couldn’t.

Optimal Sourcing 52

Optimal Sourcing Procurement Just-in-Time Material Savings 52

Supply Chain Shaman

AUGUST 11, 2015

The rising complexity of items sold decreases the organization’s ability to forecast, and the longer lead times across multiple tiers of sourcing and supply, increases the bullwhip impact (distortion of the demand signal across multiple tiers of the value network). In my life time, supply chains changed. This increases risk.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. These teams can identify the root causes that created missing reaching their goals and determine a time frame for completion. Any variations in the process will most likely increase cycle time and cause quality issues.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Resilinc

NOVEMBER 9, 2021

One example: just before COP26 kicked off, CEOs from more than 30 large financial institutions with over $8.7 times higher than direct emissions. Most companies have yet to dig into the GHG emissions created by their procurement and supply chain logistics.

Procurement Analytics 62

Procurement Analytics Purchasing Skills Supply Chain Vendor Strategies 62

ToolsGroup

MARCH 9, 2021

Before we get into that, let me just do a quick introduction to our predictions because I think it sets an important context, and that is that, you know, throughout 2020, the COVID-19 pandemic really tested the resiliency, ingenuity and resourcefulness of supply chain management teams, basically when it counted most. Take a listen!

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 52

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

Supply Chain Shaman

AUGUST 21, 2016

From time-to-time, I share the questions and answers in a blog post. He wanted to come to the event, but the trip was just too far for him to justify. It is Sunday. Today, I assume a familiar position. Now a ritual, with coffee in one hand and country music blaring, I sit in my faded green chair to write a blog post.

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Price Reduction 150

Logility

JANUARY 22, 2014

This blog post is in response to recent results from the APICS/Logility Survey, Consumer Goods S&OP research, and ChainLink’s end-user research. Demand management has always been at the top of supply chain professionals’ list of challenges. All these moves have added complexity to the demand planning challenge.

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101