Supply Chain Shaman

JANUARY 7, 2015

Tomorrow, I have a call with a manufacturing company to answer the question, “ What is the most important concept in the book?” While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. After two years of research, I think that we throw the supply chain out of balance and limit its potential through the use of traditional and functional metrics. Achieving Balance in Metrics.

Metrics 285

Metrics Philippines Switzerland North America 285

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise.

Metrics 56

Metrics KPI Forecasting Manufacturing 56

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. 8 steps in the procure to pay process.

Procurement 56

Procurement Metrics Quality Inventory 56

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

Procurement 185

Procurement Freight Chicago New York City 185

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Strategy 263

Strategy Inventory Modeling Policies 263

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Strategy 52

Strategy Supply Chain Strategy Procurement Modeling 52

Talking Logistics

APRIL 27, 2015

An important component of that foundation is defining and implementing an effective transportation strategy – a topic that I discussed with Eric Meister, LeanLogistics’ former COO, in a follow-up episode. Here are some of the valuable insights that Eric shared regarding the path to building an effective transportation strategy: Q: An important component of that foundation is defining and implementing an effective transportation strategy.

Transportation 168

Transportation Strategy Supply Chain Strategy Metrics 168

CormSquare

JANUARY 10, 2017

Subsequently, procurement tends to be an afterthought, when it should be approached strategically! Small businesses spend between 40% – 65% of sales revenue on procurement of inputs. Following are the 5 strategies that can help SMEs in nearly any phase of their procurement efforts. Improved Internal Procurement Processes. Overall internal procurement processes should try to resemble bigger businesses with rules in buying and structured employee training.

Strategy 46

Strategy Procurement India Metrics 46

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. to manufacturing value added in 2020.

Trends 81

Trends Manufacturing Survey Quality 81

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. For example, if your strategy is to improve Quality, the people in the value stream would own a control chart of heat applied to the product. Specific metrics: process metrics and outcome metrics.

Lean 182

Lean Sustainability Manufacturing How To 182

Supply Chain Shaman

DECEMBER 28, 2020

The first story is about a large regional food manufacturer. The second story is about a regional beverage manufacturer. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay.

Forecasting 259

Forecasting Metrics Supply and Demand Modeling 259

OneSCM

FEBRUARY 5, 2016

The ease of implementing and onboarding supply chain management solutions gives wider visibility in manufacturing, as well as orders and inventory. Bundling order-to-cash and procure-to-pay functions not only gives companies a holistic view of their supply chain operations, but also improves decision-making and business growth. In some instances, sales can become risky; procurement staff maintain higher buffer stock levels as a safety net.

Procurement 217

Procurement Metrics Supply Chain Quality 217

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. The delivery against goals starts with leadership and a clear strategy. Reward teams for cross-functional metrics.

Supply Chain 301

Supply Chain Supply and Demand Metrics Network Design 301

Supply Chain Game Changer

JUNE 2, 2020

This interview is with Joe Carson, CEO and Founder of Spend Strategies, LLC. Joe Carson, CEO Spend Strategies, LLC. Joe is currently the CEO of Spend Strategies. tools and analytical techniques that deliver real value to today’s procurement organizations. Subscribe Here!

Strategy 56

Strategy Georgia Metrics Analytics 56

ivalua

FEBRUARY 11, 2021

What will Procurement Best Practices be in 2021? The problem was compounded by the pandemic, and beginning in March last year, CPOs and procurement leaders were really put to the test. . Ardent Partners Procurement Metrics That Matter, Feb 2021.

Procurement 151

Procurement Real Estate Trends Mexico 151

Talking Logistics

OCTOBER 27, 2016

In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency. With 40 percent of GSK’s carbon footprint coming from the procurement of raw materials, the company recognised that tackling its own emissions wouldn’t be enough to reduce its carbon footprint – it would need to support suppliers to do the same.

Tools 152

Tools Optimizaton Software Network Optimization Software Strategy 152

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”

KPI 40

KPI Procurement Benchmarking Metrics 40

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. New demands on Procurement. Procurement for resilience, not just cost.

Data 52

Data Metrics Survey Procurement 52

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. New demands on Procurement. Procurement for resilience, not just cost.

Data 52

Data Metrics Survey Procurement 52

6 River Systems

DECEMBER 11, 2018

Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find. Logistics strategies for streamlined fulfillment. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Logistics strategies for streamlined fulfillment.

Scenario Planning 63

Scenario Planning Supply and Demand Strategy Supply Chain 63

6 River Systems

NOVEMBER 25, 2020

There are several elements in an effective logistics strategy, with the ultimate goal of identifying the most cost-effective service levels and developing plans and processes that enable the company to operate as close to those optimal service levels as possible.

Strategy 52

Strategy Forecasting Colorado Massachusetts 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Manufacturers benefit with more flexibility in managing ad hoc requirements as well.

Handbook 52

Handbook Forecasting Software Optimizaton Software Analytics Software 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Manufacturers benefit with more flexibility in managing ad hoc requirements as well.

Handbook 52

Handbook Forecasting Software Optimizaton Software Analytics Software 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. Manufacturers benefit with more flexibility in managing ad hoc requirements as well.

Handbook 52

Handbook Forecasting Software Optimizaton Software Analytics Software 52

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Burton predicts a further evolution of what we are seeing already in the market—Chief Procurement Officer’s (CPO) roles are changing rapidly. We are not your father’s traditional Procure-to-Pay solution.

Procurement 109

Procurement Brazil Currency United States 109

6 River Systems

JUNE 10, 2019

However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. To help you determine what tactics, processes, technologies and practices are a must-have in a winning supply chain strategy, we reached out to a panel of supply chain professionals and asked them to answer this question: “What’s the single most effective way to create a winning supply chain strategy?”

Supply Chain Strategy 72

Supply Chain Strategy Rhode Island Supply and Demand Strategy 72

Supply Chain Game Changer

NOVEMBER 20, 2018

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. North American manufacturers who have followed this course have seen significant and sustainable results often with reductions of 25% which in turn helps to maintain and enhance their immediate market position. What role will energy play in the long-term strategy for manufacturers?

Automotive 40

Automotive Manufacturing Sourcing Sustainability 40

Supply Chain Game Changer

FEBRUARY 25, 2020

Suppliers provide components for products you manufacture and sell. He spent his entire career in Purchasing and Procurement. At one point I was put in charge of a global manufacturing operations team. 10 Strategies for Improving Supplier Relationship Management (SRM)!

Supply and Demand 62

Supply and Demand Metrics Quality Security 62

GlobalTranz

APRIL 6, 2017

On one hand, it would be great to have brand new manufacturing equipment. Besides the expense, meaning you or your management are unwilling to make an upfront investment when the manufacturing equipment has not failed entirely, there are other roadblocks thrown up against upgrading: The fear of change. Why Upgrade Your Manufacturing Equipment? There are four big picture reasons to upgrade your manufacturing equipment. Performance is a handy metric to measure.

Manufacturing 208

Manufacturing Dallas Texas System 208

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! In the world of Procurement and Operations one of the phrases that you will frequently come across is “MRO” But many people throw around the term without truly understanding what it means, and how important it truly is for the ongoing, and successful, operation of any company. First and foremost you need to have a dedicated, experienced Procurement person, or people, in charge of MRO. Subscribe Here!

Chemicals 46

Chemicals Metrics Tools Sourcing 46

Supply Chain Brain

JULY 2, 2018

Just about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. Most global supply chains are made up of multiple tiers of manufacturing, stretching from production of raw materials to final assembly. Original equipment manufacturers (OEMs) might even be unaware that their products are being made at an unapproved and non-compliant location.

Bangladesh 40

Bangladesh Mauritius Training Norway 40

NC State SCRC

JULY 23, 2017

In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different. Here are some of the areas where procurement has the opportunity to make an impact. Application of these strategies in the supply and erection of structural steel provided cost savings of over 30%.

Supply and Demand 57

Supply and Demand SCM Metrics Supply Chain 57

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Focus on functional metrics without alignment to a balanced scorecard to drive value. Belief in efficient procurement.

Supply Chain Performance 311

Supply Chain Performance Supply Chain Supply and Demand Modeling 311

Supply Chain Shaman

MAY 7, 2015

The answer for many teams I work with is to wave their hands and declare the need for an end-to-end supply chain strategy. Building the Effective End-to-End Strategy. While companies believe that there is opportunity to building an end-to-end strategy, there is no standard definition. This drives markedly different behavior than when a manufacturing organization is incented on the lowest manufacturing costs with the highest Return on Assets. Wang Laboratories.

Modeling 285

Modeling Customer Service Metrics Philadelphia 285

Supply Chain Game Changer

MARCH 2, 2021

Commodity (or Category) Management – What is your Buying Strategy? Procuring and trading metal is big business, especially if you are in the construction or manufacturing industries. Commodity Management Guest Blog Post Procurement Metals commoditiesSubscribe Here!

Trends 57

Trends China Industrial Industry 57