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. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 169

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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. Success is a product of the work done in the present.

Procurement Analytics 56

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Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. Metric: The number of orders containing defective products divided by the total number of orders placed. Availability. Order accuracy.

Negotiate Pricing 75

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Supply Chain View from the Field

NOVEMBER 10, 2014

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. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

ivalua

JUNE 29, 2020

Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Baylor, Scott & White (BSW) presents a great example of achieving digital transformation powered by supply chain. Perhaps explore a self-distribution model and more transactional automation with procure-to-pay solutions. .

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. The team was organized around the functional silos of source, make and deliver. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation.

Manufacturing Procurement 285

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Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. I then finished a forty-minute presentation, and prepared for questions. An investment in SAP ERP improves transactional effectiveness in order-to-cash and procure-t0-pay.

Optimal Sourcing 301

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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. This is effectively a “snapshot” in time. and “What is the potential return on investment?”

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 254

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance.

Resource Reduction 242

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Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. When you know the value, location, and quantities of your stocked items you’re in a better position to make informed decisions around procurement and sales – ultimately resulting in reduced production costs and improved profitability.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. I thought the primary issues were between commercial teams and operations.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 83

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Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

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GlobalTranz

JANUARY 30, 2015

It is important to know who is providing the source data used to develop your KPIs. If you are using components of source data outside of either you or your provider’s control, what are the means of auditing its accuracy? Is the data presented as useful to make better business decisions or improve business practices?

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. This is part of your sourcing roadmap. What is supplier relationship management?

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services.

Sourcing Strategies 52

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Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Gather global commodity prices and planned global procurement to drive procurement to best prices.

Supply Chain Planning Software 104

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Talking Logistics

DECEMBER 4, 2017

And that was the main point of the keynote presentation: to illustrate to all the stakeholders in the HBM ecosystem (producers, suppliers, contractors, and haulers) the possibilities and opportunities that exist to elevate the way they communicate, collaborate, and orchestrate (plan and execute) their processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. 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. So, why did I ask SanDisk to present? In fact, the teams ignore the forecast.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Talking Logistics

MAY 8, 2013

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.”

Supply Chain Planning Software 237

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Procurement Academy

MARCH 12, 2024

Together with published data sources and specialist reports, they’ll discover how to master the art of disassembling products into components to calculate each of the key cost areas. Leveraging Tools for Cost Optimization: Insights from Skill Dynamics Cost optimization is a critical aspect of effective procurement management.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Exiger Perspectives

APRIL 3, 2023

A proven supply chain risk management framework, like Exiger’s TPRM and SCRM framework , enables compliance teams, corporations and governments to identify, assess and respond to third-party service providers, supplier risks and other involved procurement risks throughout their supply chain lifecycle.

Supply Chain Risk Management 52

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Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain View from the Field

MAY 10, 2015

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.

Negotiating Skills 60

Negotiating Skills Purchasing Training North Dakota Optimal Sourcing 60

EcoVadis

JULY 11, 2016

This workshop brought together Global Compact LEAD companies and other members convened to define and bring urgency to sustainable procurement, and to discuss how they can motivate and mobilize their companies to address this next frontier in Corporate Social Responsibility (CSR) progress.

Procurement Analytics 40

Procurement Analytics Sustainability Pharmaceutical Supply Chain Strategy 40

EcoVadis

MAY 25, 2017

For our 10 years anniversary, EcoVadis received the best gift ever: Hundreds of professionals in sustainable procurement, CSR and supply chain came together in Paris to share, network, learn and present at EcoVadis Sustain 2017, and our Rock-In-A Free World celebration in Paris this month. Light the Spark that Ignites Progress.

Sustainability 40

Sustainability Supply Chain Strategy Optimal Sourcing Supply Chain Software 40

Material Handling & Logistics

DECEMBER 14, 2018

It arrives from an array of sources, and it is presented in a variety of formats. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

Proxima

JUNE 22, 2021

The role of procurement has long been misunderstood in financial services. Like many industries, those in the front office have thought of procurement as a necessary back-office process; a hoop that they are required to jump through that does not have any bearing on the success of their own role. Procurement’s evolution.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies Cost Reduction Strategies 52

Requis

MARCH 23, 2021

The energy business presented the best opportunities so that is where I headed after school. The pressure to be more sustainable also comes from outside sources like governments, banks and customers. This presents a competitive advantage for a company. I’m an engineer by training. People want their investments to be cleaner.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

NC State SCRC

FEBRUARY 13, 2021

Unethical working conditions among apparel supply chains present substantial challenges for brands’ pursuit of corporate social responsibility (CSR) and generate systemic dysfunction. The EAI will provide a third-party metric to generate marketing media (e.g., labels) for brands to promote their CSR compliance directly to consumers.

Apparel 59

Apparel Optimal Sourcing Supply Chain Design Software Manufacturing Procurement 59

Enterra Insights

JULY 28, 2020

” Alex Saric ( @alexsaric ), a procurement expert at Ivalua, told Eason, “There is a huge appetite to develop cognitive supply chains, which is only set to increase as more success stories come to light. But for many, achieving a fully cognitive one is currently just a pipe dream because of poor quality data.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Supply Chain View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Decarbonization, which means reducing the amount of carbon in greenhouse gas emissions, can help in improving our present condition. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52