Manufacturing Procurement, Procurement Analytics and Supply Chain Design

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

JUNE 29, 2023

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

Manufacturing Procurement

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings

Top 5 KPIs for Purchasing Managers

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training

6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing

Supply Chain Resilience. Really?

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience?

Supply Chain Design Software

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

Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Or “push a shift from a focus on cost to drive value?” Functional Metrics. ” Sound familiar?

Manufacturing Procurement

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

The Top 5 Skills Every Procurement Manager Needs

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions

Are You Caught in Word Salad Dribble?

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. I see a preponderance of reports and white papers that have lots of pages but say little. Back to John.

Supply Chain Planning Software

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

FEBRUARY 18, 2021

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. It will not be over soon.

Supply Chain Planning Software

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics

Sourcing and Procurement: One but Not the Same

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. Contains fewer steps.

Optimal Sourcing

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question. Here, in this blog, I explain.

Supply Chain Design Software

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain

The Fallacy of the Self-driving Supply Chain

Supply Chain Shaman

NOVEMBER 21, 2022

”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. . And won’t the supply chain follow suit?” The perspective of a manufacturing leader is quite different than that of a business leader in logistics.

Supply Chain Planning Software

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling

What Does a Procurement Manager Do? Job Description and Requirements

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement

Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics

Using data and AI to improve manufacturing

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement

Manufacturing Procurement Optimal Sourcing Manufacturing Data

6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

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.

Purchasing Training

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement

Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one.

Purchasing Skills

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions

5 Ways Businesses Are Uncovering Success With AI In Manufacturing

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How Does AI Work?

Manufacturing Procurement

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

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Prescriptive Analytics Software

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

How manufacturers can adopt a sustainable supply chain

SYSPRO Smarter ERP

MAY 22, 2023

Due to increasing pressure from various stakeholders, many companies are turning their focus to ensuring that their supply chains are sustainable. What is a sustainable supply chain? A recent report by the IDC noted some benefits of these programs.

Manufacturing Procurement

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability

Total Manufacturing Cost Formula: Metrics that Matter

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. This looks at all stages of the manufacturing process from raw materials to work-in-progress to final result.

Manufacturing Procurement

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills

10 reasons why you should use an ERP system in manufacturing

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software

How To Jump

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. This is how we should jump.

Supply Chain Planning Software

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction

Do You Need a Graph?

Supply Chain Shaman

MAY 26, 2023

The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). ” I don’t think so.

Optimal Sourcing

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement

Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software

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

Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

JUNE 21, 2023

Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? Designed to lift the profession and celebrate supply chain results, I struggle to find that the methodology supports either objective. Almost two decades of reporting.

Gartner

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning

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

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

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement

Why 2021 Will Be A Breakout Year For Sustainable Manufacturing

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. Sustainability Is The Cornerstone Of Manufacturing Competitiveness.

Manufacturing Procurement

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. The supply chain career is new. Reflection.

Supply Chain Design Software

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software

What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

OCTOBER 19, 2023

I work in supply chain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supply chain failed them, creating an eleven-month saga and unhappy customer. The failure was in supply chain orchestration – connecting planning to execution.

Supply Chain Planning Software

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

Lifting The Gray Curtain

Supply Chain Shaman

SEPTEMBER 22, 2021

Recently, I hosted the Supply Chain Insights Global Summit. In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. Top Challenges in the Adoption of New Forms of Analytics.

Optimal Sourcing

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software

Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

SEPTEMBER 13, 2023

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. Or planned orders to purchase orders?) I don’t know.

Supply and Demand

Supply and Demand Supply Chain Planning Software Modeling Demand Planning

Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The myth of the “perfect plan”.

Optimal Sourcing

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing

Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes? My question is, “Why?”

Supply Chain Design Software

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost.

Procurement Analytics

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies

Sustainable procurement: Everything You Need to Know

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

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions

RS Integrated Supply Joins Minority Supplier Development UK

Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

Manufacturing Procurement

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost.

Procurement Analytics

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing

KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement

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

Cloud-Based ERP guide for Operational Excellence

My Office Apps

JANUARY 16, 2024

In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Cost-Efficiency: Operates on a subscription model, reducing upfront costs and handling maintenance, updates, and security.

Optimal Sourcing

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics

Customer centricity remains key to manufacturing

SYSPRO Smarter ERP

SEPTEMBER 29, 2022

Today, customer centricity for an organisation in today’s marketplace, you must place “the customer” at the core of your business and build products and services that are designed to suit the specific needs of customers. Customer centricity remains key to manufacturing for blog. Put the customer at the centre.

Manufacturing Procurement

Manufacturing Procurement Supply Chain Design Software Modeling Software Analytics Software

Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

MAY 31, 2022

Supply Chain Matters readers are well aware that the looking glass for an organization’s overall supply chain performance is intense right now, especially when C-Suite executives feel the heat from investors and board rooms. Rivian Automotive. Thus far, $13.7

Manufacturing Procurement

Manufacturing Procurement Procurement Analytics Procurement Solutions North America

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Trending Sources

Top 5 KPIs for Purchasing Managers

6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

Supply Chain Resilience. Really?

Organizational Alignment: Overlooked, but So Important.

The Top 5 Skills Every Procurement Manager Needs

Are You Caught in Word Salad Dribble?

Pandemic Lessons For Supply Chain Leaders

Sourcing and Procurement: One but Not the Same

What’s the Difference Between Direct vs Indirect Procurement?

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

The Fallacy of the Self-driving Supply Chain

What Does a Procurement Manager Do? Job Description and Requirements

Crucial MRP Metrics Every Supply Chain Pro Should Know

Using data and AI to improve manufacturing

6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

Is It a Good Idea to Invest in Hiring a Purchasing Manager?

5 Ways Businesses Are Uncovering Success With AI In Manufacturing

Supply Chain Analytics: Benefits, Challenges & Architecture

How manufacturers can adopt a sustainable supply chain

Total Manufacturing Cost Formula: Metrics that Matter

10 reasons why you should use an ERP system in manufacturing

How To Jump

Do You Need a Graph?

Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Elevating The Voice of the Supply Chain Contrarian

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

Why 2021 Will Be A Breakout Year For Sustainable Manufacturing

Market Beat. Four Thumbs Down and One Thumb Up.

What Lessons a Table Fable Teaches About Supply Chain Orchestration

Lifting The Gray Curtain

Demand Planning: Whipped And Chained by Tradition

Better Ways to Address Trade-Offs with Supply Chain Optimization

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit

Overcoming The Barriers to Use Channel Data

Seven Mistakes You Wish Your CFO Had Not Made You Make

Sustainable procurement: Everything You Need to Know

RS Integrated Supply Joins Minority Supplier Development UK

Seven Mistakes You Wish Your CFO Had Not Made You Make

KPIs to assist manufacturers and distributors with supply chain challenges

Cloud-Based ERP guide for Operational Excellence

Customer centricity remains key to manufacturing

Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Stay Connected