SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Procurement Lead Time: Efficient procurement lead time ensures timely access to raw materials, a fundamental step toward efficient production.

Inventory Reduction 80

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 80

Supply Chain Shaman

JUNE 3, 2013

In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 250

Supply Chain Shaman

JUNE 15, 2015

I then recommend that the business augment the SAP SCM functionality using best-of-breed, industry-specific optimization. Why I Believe SAP SCM Is a Risk to Your Business. So, it is in their best interest to support the implementation of SAP SCM software.). The SAP solution is better than the Oracle SCM solution for planning.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

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. Cash to Cash.

Expense Reduction 66

Expense Reduction Inventory Reduction Resource Reduction Price Reduction 66

Supply Chain Shaman

MARCH 8, 2016

Used as a one-to-many data model for sourcing and procurement by companies like IBM, Cisco Systems, Dell, Motorola, Seagate, and Vodafone , there is much promise; but in the last five years the Company, plagued by execution issues, encountered problems. Traditionally E2open sold to the procurement organization. It is a new buyer.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

GlobalTranz

SEPTEMBER 28, 2016

5) Ongoing Assessment of Key Supplier Site Metrics to Ensure Business Continuity with Companies' Requirement and Proactively Identify Potential Risk Factors. Every business has their set of metric which they want to focus on. People: Are our SCM people aware of Quality Manual or Guidelines available in business? About Author.

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Supply Chain Shaman

JUNE 15, 2015

I then recommend that the business augment the SAP SCM functionality using best-of-breed, industry-specific optimization. Why I Believe SAP SCM Is a Risk to Your Business. The SAP solution is better than the Oracle SCM solution for planning. So, why do I not believe in SAP SCM 7? Here is my advice. Let’s face facts.

Supply Chain Planning Software 135

Supply Chain Planning Software SAP Supply Chain Design Software Supply Chain Planning 135

Supply Chain Game Changer

NOVEMBER 19, 2018

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. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Supply Chain Shaman

OCTOBER 20, 2012

We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening. But, it does not stop there.

Inventory Reduction 261

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 261

Precoro

JUNE 6, 2022

Efficient SCM starts with a well-managed network of suppliers and vendors. Suppliers are your go-to for finding raw materials if you are procuring supplies for production. Introduce metrics for evaluating whether KPIs are met and standards achieved. In 2020, the global Supply Chain Management market was valued at $15.85

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Supply Chain Game Changer

NOVEMBER 23, 2018

If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. A quality fit can help a procurement team create top-line growth and customer satisfaction. What is SQM? . appeared first on Supply Chain Game Changer™.

Quality 42

Quality Cost Reduction Strategies Resource Reduction Vendor Strategies 42

Elementum

MAY 17, 2018

We hope we’re increasing production of SCM talent, but also giving the basics to a lot of other students who many not have the money to come to MIT. Ultimately, companies need to shift their thinking when it comes to supply chain careers, understanding that performance metrics must change in order to reflect the new supply chain.

Supply Chain 60

Supply Chain How To Manufacturing Procurement Buyer Training 60

RFgen

APRIL 20, 2023

With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices. One such solution is mobile barcoding, which extends the power of Oracle Fusion Cloud SCM to point-of-scan.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Supply Chain Game Changer

NOVEMBER 9, 2018

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. Poor metric performance (eg. Too many metrics, no targets, and no focus. SCM #SupplyChain #leadership #logistics #procurement.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

Supply Chain Game Changer

NOVEMBER 9, 2018

When I would ask the facilities for some summary of metrics showing progress the results were very inconsistent. Lack of Metrics and Reporting. If your organization has no standard set of metrics your Lean program has room to improve. Further the reporting of those metrics should be consistent and reviewed on a regular basis.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

Supply Chain Game Changer

NOVEMBER 20, 2018

Check out What is Virtual Procurement and Why Should You Care? Large companies can afford to have Strategic Sourcing Procurement staff around the world. This should involve the review of metric performance against targets, schedules, resources, audit results and action plans, and control posture. Subscribe Here! Email Address.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Sourcing Supply Chain Planning Software 44

Supply Chain Game Changer

NOVEMBER 10, 2018

Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. Picking the right metrics can be challenging, however, and it will inevitably involve trade-offs.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Supply Chain Shaman

SEPTEMBER 20, 2015

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. Most supply chain planning teams do not know their customers.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Game Changer

NOVEMBER 16, 2018

In the situation I was in there were obviously no metrics that were being reviewed and used. There are many metrics that are very helpful including: Cash dollars and days of supply. You need a clearly defined set of metrics that are measured and reviewed regularly. Cash #SupplyChain #Business #Money #Finance #SCM.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

Supply Chain Game Changer

NOVEMBER 12, 2018

The responsibilities, metrics, skills, strategies and mandates for each function can cause people to put their functional focus ahead of the greater company objectives. Procurement #SCM #SupplyChain #HumanResources #Business #Leadership. How many functions in your company conduct themselves like they are islands?

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 43

Elementum

FEBRUARY 8, 2016

We hope we’re increasing production of SCM talent, but also giving the basics to a lot of other students who many not have the money to come to MIT. Ultimately, companies need to shift their thinking when it comes to supply chain careers, understanding that performance metrics must change in order to reflect the new supply chain.

Supply Chain 60

Supply Chain How To Manufacturing Procurement Buyer Training 60

Oracle SCM

AUGUST 1, 2018

Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups). Gather global commodity prices and planned global procurement to drive procurement to best prices. safety stock or other planned parameters).

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Supply Chain Game Changer

NOVEMBER 18, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Supply Chain Management and its related functions (Procurement, Planning, Vendor Management, Logistics, Operations) are on the opposite end of the spectrum from functions like sales and marketing – areas where your brand is everything. Email Address.

Supply Chain Planning Software 42

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 42

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. It involves complex logic on batch size, change-overs and production sequencing.)

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Game Changer

NOVEMBER 13, 2018

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. Leadership #Business #SCM #SupplyChain #Procurement #Purchasing. All opinions are my own.

Vendor Strategies 64

Vendor Strategies Resource Reduction Supply Chain Planning Software Purchasing Skills 64

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

Cathy Roberson

APRIL 6, 2022

Supply Chain @Mr_Supply_Chain Deep customs insights, landed cost analysis, customs delays, ports, product level analysis Chris rubio @cm_rubio Transparency Complete transparency of Available To Promise Date, Landed Cost, and ESG metrics for the entire Procure-To-Pay lifecycle at the piece level. we want to see adjustments.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

SCM Research

JUNE 24, 2021

This is good news for both logistics and procurement scholars. Here, there are even two new entries: Journal of Business Logistics and Journal of Purchasing & Supply Management. There are finally some bright spots that give OSCM researchers a little more air to breathe.

Journal 28

Journal San Francisco Manufacturing Procurement Procurement Analytics 28

NC State SCRC

FEBRUARY 13, 2021

In the third research component, the EAI will be integrated based on inputs and metric insights (through a series of weights applied to the data) determined in the research. 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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Streamline standards , including in procurement, packaging, and delivery. Recommend ways to enhance performance metrics such as inventory, delivery, and overdue orders.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. As much as we like to make jokes about Supply Chain metrics with each other, if we aren’t understood by the outside world and our executives, they won’t know we exist.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Supply Chain Shaman

AUGUST 16, 2015

The Ariba infrastructure is so heavily entrenched in indirect procurement processes that it is hard to adapt to the solution to manage direct materials in the supply chain. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Infosys Supply Chain Management

JUNE 20, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. IT toolbox: SCM community. Procurement Blog. Generic SCM (130). Business Process Outsourcing.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Insuring that each function, including online marketing, store operations and supply chain have common objectives, metrics and aligned rewards for the coming year. IT toolbox: SCM community. Procurement Blog.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Innovation Manufacturing Procurement 28

Elementum

AUGUST 17, 2022

It’s 2022, and there is software on the market for every situation—including software that meets the needs of supply chain management (SCM). Let’s explore the definition of SCM and some additional tools you should consider using. This includes everything from the procurement of raw materials to the delivery of finished products.

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Forecasting Software Inventory Management Software 78

Infosys Supply Chain Management

NOVEMBER 11, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In this step, the actuals are compared with the planned metrics (MAPE, forecast accuracy, bias etc.) IT toolbox: SCM community. Procurement Blog. Business Process Outsourcing. Customer Service.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 22

Infosys Supply Chain Management

SEPTEMBER 12, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Some of those are Cognos, iLog, SPSS, Core Metrics, Emptoris, Vivisimo and many others, as world is moving from reactive to proactive. IT toolbox: SCM community. Procurement Blog. Generic SCM (130).

Supply Chain Planning Software 24

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Pharmaceutical 24