eWorld Procurement & Supply 2016

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply, in association with Chartered Institute of Procurement & Supply, has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Procurement Automation. Internet of Things (the impact on procurement). Social Media for Procurement.

7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

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. A Procurement strategy should be structured with a clearly defined set of goals and an overarching vision. Success is a product of the work done in the present. Success is a product of the work done in the present.

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

Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

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. Bartolini’s view of modern procurement is one of an industry at a crossroads. While digitalization has dramatically increased procurement performance over the last decade, the function is beginning to approach a plateau. “We’re way that procurement organizations are?organizing

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

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. In our monthly webinar last Wednesday, I presented these results. During the webinar, a respondent asked me to not present just the facts but to give advice. Reward teams for cross-functional metrics.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The early results from the ASU study will be featured in the book Metrics that Matter and it will be the core of the upcoming Supply Chain Global Summit on September 10-11, 2014 in Scottsdale AZ at the Phoenician. (We How do you balance metrics ? .

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue.

Sustainable Purchasing & Supply Summit 2015

Supply Chain Movement

The first UK conference to present an holistic view of sustainable procurement and the role of the supply chain in more responsible business and government. This unique one-day forum is organised with Chartered Institute of Procurement & Supply (CIPS), providing senior executives with a strategic view of the impact of their procurement and supply chain operations on the environment and society as a whole. Morning (10am-1pm): What’s New in Sustainable Procurement?

Manufacturing Gains From Machine Learning

IQMS

Honeywell is integrating AI and machine-learning algorithms into procurement, strategic sourcing and cost management. OEE is a pervasively used metric in manufacturing as it combines availability, performance, and quality, defining production effectiveness. Combined with other metrics, it’s possible to find the factors that impact manufacturing performance the most and least. Machine Learning & Artificial Intelligence Presentation (14 pp.,

What Blockchain Means to Supply Chain

Supply Chain Brain

Show notes : A video presentation by Jack Shaw on “The Blockchain Transformation.” Quality & Metrics Regulation and Compliance All Technology Big Data/IOT SC Finance & Revenue Mgmt. SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain VisibilityBlockchain technology was created to support transactions involving Bitcoin and other cryptocurrencies.

Video 40

Procurement Leadership Program can help individuals market the real value of procurement to the enterprise

NC State SCRC

Gene Richter is widely known as one of the world’s true procurement gurus, and I was privileged to have known him when he came to speak several times at Michigan State during the 1992-1999 period when I was there. Nancy’s comment to me was as follows: Your comment about procurement being a ‘second cousin’ to other functions made me laugh. And when I say value, I mean more than just cost savings, or the infamous “purchase price avoidance” metric.

The Great Gap Year of 2020

Bristlecone

Given the realities of the post-pandemic world, the pressure is mounting to redesign the supply chain, define new practices and operational metrics, and cope with the competition from new channels of doing business or doing business with.

Where Will Companies Find Their Future I.T. Expertise?

Supply Chain Brain

Such tools can account for the many constraints and opportunities that present themselves to executives seeking the best possible I.T. Quality & Metrics All Technology Sourcing/Procurement/SRM SC Planning & Optimization Home Page Latest NewsThe need for tech expertise is greater than it has ever been — and growing.

Supply Chain Movement 17 – S&OP

Supply Chain Movement

ERP won’t provide supply chain visibility,” concluded Martijn Lofvers, chief editor of Supply Chain Movement, based on the reactions of the supply chain directors present at the roundtable on ‘Operational Transparency for the Board’, a joint initiative by Supply Chain Media and Every Angle. Contents Supply Chain Movement 17 – 2015 Q2. Publishing date: 15 May 2015. 7 | News & Background. – Launch of Supply Chain Professionals Club in Turkey.

S&OP 76

How Many Slaves Are in Your Supply Chain?

Talking Logistics

Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World , a nonprofit group that is “building a coalition of consumers, businesses, and governments to disrupt the system of slavery.” The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Business Process Optimization Freight and Logistics Lean Process Improvement Procurement Supply Chain Management Productivity improvementSubscribe Here! Email Address.

Spectra Energy Supplier Forum: Driving Collaborative Project Management

Supply Chain View from the Field

This was followed by a presentation Reggie Hedgebeth, Senior Counsel, of the major growth objectives that lie ahead for Union Gas. These presentations led to the discussion of the theme for the meeting on Focused Performance, which entailed the need to drive out inefficiencies from current operations modes. Daily metrics of on-time, project dollars spent versus budget, and key milestones on time, as well as the use of two-way scorecards are important.

Changing SRM Behaviors in a Period of $70/bbl Oil

Supply Chain View from the Field

I was in Houston yesterday evening, speaking to a large group of procurement executives at a roundtable held by KPMG’s Procurement Advisory Group, at the fabulous Brennan’s restaurant on Smith Street. The event was sponsored by Coupa, one of the leading providers of software, and several of the Coupa executives from the Houston area and from California were present. The event was well attended, with over 40 executives present.

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. Supply Chain is central to the present and future of your company and it’s success. Subscribe Here! Email Address. Check out Brand Protection – The Definitive Role of the Supply Chain!

Strategic Supplier Relationship Management – Do’s and Don’ts

Supply Chain Game Changer

Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. Prior to joining the Procurement team I had neither understood nor appreciated the importance of Supplier Relationship management. suppliermanagement #procurement #purchasing. Procurement Supply Chain Management Purchasing Supplier ManagementSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Seasoned Leadership in Action? ? An Interview with Joe Carson, CEO Spend Strategies, LLC!

Supply Chain Game Changer

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. Creating clear and compelling presentations. Subscribe Here! Email Address.

How To Differentiate With A Supplier Relationship Management (SRM) Program!

Supply Chain Game Changer

It is critical that this type of program be aligned across the entire corporate enterprise to present a single face to the suppliers. All levels of the organization must be involved, from the procurement person responsible for the supplier up through the CEO, depending on the value of the supplier. The sourcing or procurement function will own the relationship and manage the overall process. The supplier must consistently achieve quality levels agreed to with procurement.

The Supply Chain Detective™! In Search of Broken Supply Chain Clues!

Supply Chain Game Changer

You know the people, the processes and the metrics. Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. At the end of their stint of several months with us they presented their results in a couple of areas specifically. Poor metric performance (eg. Too many metrics, no targets, and no focus. SCM #SupplyChain #leadership #logistics #procurement. Subscribe Here!

Coronavirus Crisis: The Lessons Procurement Must Learn From COVID-19

HICX Solutions

The COVID-19 pandemic, more than any other crisis event in recent times, presented immediate and urgent challenges to organisations, and major threats to business continuity. As such, all divisions of all organisations – including procurement – have had to adapt to support rapidly changing priorities. Procurement has done well – perhaps too well, some would argue, given the rise of its pejorative alias ‘spend police’ – at creating savings and driving down costs.

Data 40

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Guest Blog Post Human Resources Procurement Supply Chain Management Business Freight HumanResources Leadership Logistics SCM supplychain

7 Essential Attributes of Strategic Supplier Partnerships!

Supply Chain Game Changer

Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. The baseline metrics for performance of a partner are the same operational parameters used for other suppliers. Corporate values are the “persona” that is presented on a daily basis by the company(ies) and how it engages in and around itself. Leadership #Business #SCM #SupplyChain #Procurement #Purchasing. Subscribe Here! Email Address.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential. Guest Blog Post Human Resources Procurement Supply Chain Management Business Freight HumanResources Leadership Logistics SCM supplychain

Top 10 Tips for Career Success!

Supply Chain Game Changer

It is most likely that during your career you will be presented with new opportunities. They took chances with me and presented me with wonderful opportunities. Business policies, ways of doing things, and metrics are all a result of human decisions. Freight and Logistics Human Resources Procurement Supply Chain Management Career LeadershipSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. In a presentation at the EMPOWER conference held in Orlando, a large utility shared how procurement had used the decision-making algorithm embedded in the Emptoris suite of tools to guide users into the appropriate contractual mechanism.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. During the presentation, I squirmed uncomfortably in my seat. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012.

Biobased Economy Continues to Grow: USDA Secretary Announces NC State-Duke Study Results on Monday

NC State SCRC

The production and use of biobased products replacing petroleum-based products has the potential to reduce GHG emissions up to 10 million metric tons of CO2 equivalents. When compared to the 2013 results (presented in the previous study), the direct value added contribution of the biobased products industry grew by 0.2 I’m writing to share an exciting new report released today entitled “ An Economic Impact Analysis of the U.S. Biobased Products Industry: 2016 Update.”.

Cuba 46

5 Ways to Prepare Your Supply Chain for an Efficient Holiday Rush

OneSCM

Smart supply chain directors collate and make sense of data metrics, using technology to eliminate data silos. Call a staff meeting and be transparent, presenting snapshots of what is forecasted the next quarter. Whereas not every organization has big box store budgets for automation, greater efficiency can still be achieved by looking at workflows, procurement, inventory, and storage. Ready or not, the holidays are coming.

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new.

SCM 191

The Financial Dimension of Supply Chain Visibility [Episode Highlights]

Talking Logistics

If you think about it in terms of Total Cost Management/Spend Management, when you start to talk about things like contract negotiation, having better insight into your spend, and understanding the metrics around it, all of which obviously provides valuable insights and helps you with those negotiations. This is where financial visibility – especially from an accounting or procurement perspective – plays into the organization.