Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 310

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 310

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. A Blueprint for Demonstrating the value of Strategic Procurement.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Logistics Viewpoints

JULY 18, 2022

In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. Their associate engagement survey allows Ferguson to understand the driver’s impacting engagement across their 31,000 employees. The company recorded 1.9

Supply Chain Design Software 300

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 300

Supply Chain Shaman

NOVEMBER 9, 2014

In contrast, we find in our research that companies with procurement and manufacturing reporting to the supply chain organization have stronger, and more reliable results on inventory, operating margin and Return on Invested Capital (ROIC). When all functions are jointly focused on improving these metrics, then we can have one team.

Manufacturing Procurement 318

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 318

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

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Logistics Viewpoints

JUNE 29, 2023

A recent report says that more than 77% of companies said, in a survey, that they are investing in deeper and more collaborative supplier relationships to improve resilience and agility. Consequences of Lack of PO Collaboration Capabilities Failure to prioritize PO collaboration can lead to severe consequences for companies.

Manufacturing Procurement 270

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 270

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

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Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

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. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Stay Flexible.

Optimal Sourcing 100

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 100

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

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Supply Chain Brain

JUNE 15, 2025

Brewster notes that a recent survey by Impinj of retail supply chain professionals which found 49% concerned about their ability to meet the requirements, and 37% saying they don’t expect to meet the EU’s deadline. Complying with the rule will be no easy task.

Manufacturing Procurement 59

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ivalua

SEPTEMBER 14, 2022

As global risk factors evolve, organizations could leave themselves unprepared, creating unnecessary disruptions that are largely predictable — and in many cases avoidable,” comments Alex Saric, smart procurement expert at Ivalua. About the research. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua.

Supply Chain Planning Software 130

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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. Learn how data can drive your roadmap with our survey, “ Digital Transformation: How Close Are We? ”. way that procurement organizations are?organizing

Procurement Analytics 81

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Procurement Academy

FEBRUARY 6, 2025

A McKinsey Global Institute survey found that 87% of companies worldwide reported experiencing skill gaps now or are expecting to within the next five years. This personalization is particularly crucial in the diverse world of supply chain and procurement.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

Logistics Viewpoints

APRIL 11, 2024

Supply chain orchestration enables seamless collaboration All this tinkering undoubtedly involves effort from across the supply chain, from sales to procurement to manufacturing to distribution and more. Historically these roles are siloed, focused on their own functional metrics. Has that changed?

Pharmaceutical 312

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Supply Chain Brain

JUNE 10, 2025

This threat is growing, as 31% of businesses surveyed for our report said the problem of late payments has worsened in the past year. Supply Chain Finance & Revenue Management Lawyer for 737 Crash Victim Families Slams DOJ Deal with Boeing Quality & Metrics U.S. Timely, incisive articles delivered directly to your inbox.

Cost Reduction Strategies 59

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Supply Chain Shaman

FEBRUARY 14, 2022

Organizations can align to drive value despite the allegiance to functional metrics. As long as companies are motivated by functional metrics, inventory management will be an enigma. When companies reward OEE in manufacturing and POV in procurement, companies will systemically make the wrong stuff. Mistake #5. Measurement.

S&OP 195

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Supply Chain Shaman

JUNE 21, 2016

The metrics reward functional thinking. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. The results are from different surveys each with a bias. (It The SCOR framework embodies and epitomizes the traditional, silo-based thinking. Let me add a disclaimer.

Supply Chain Design Software 218

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 218

ivalua

SEPTEMBER 22, 2022

In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Our survey + visual spotlight addresses these key supply continuity challenges and how leaders can make the most of the new opportunities.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

GlobalTranz

NOVEMBER 19, 2018

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey.

Supply Chain Risk Management 205

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 205

ToolsGroup

SEPTEMBER 25, 2019

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . To access the full report, please visit www.ToolsGroup.com/DT-survey . ###. PRESS RELEASE. BOSTON, Mass. and HOUSTON, Tex. About ToolsGroup.

Supply Chain Planning Software 136

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Procurement Academy

SEPTEMBER 26, 2024

Whether it is creating tailored learning plans that tackle individual, unique skillsets or measuring ROI with a specific set of metrics, let’s deep dive into what makes a procurement training program drive team efficiency and achieve organizational objectives. Well-trained professionals will ultimately make better decisions.

Buyer Training 52

Buyer Training Pricing Training Purchasing Training Negotiating Skills 52

BlueYonder

MARCH 13, 2025

A recent survey shows that 68% of supply chain professionals expect more disruptions in 2025, with 54.5% Legacy IT systems, which were not designed for real-time data sharing, force production, procurement and logistics to run on separate, disconnected systems. naming the Asia-Pacific (APAC) region as the highest-risk area worldwide.

Supply Chain Design Software 52

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Supply Chain Brain

JUNE 19, 2025

If a major customer leaves, an AS/RS investment could become a stranded asset that sits on the balance sheet and drags down financial metrics such as return on asset (RoA) or other profitability measures. Risk Mitigation and Financial Stability The same flexibility helps mitigate longer-term financial risk.

Warehousing 52

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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. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 68

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 68

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Procurement Solutions 98

Supply Chain View from the Field

NOVEMBER 12, 2014

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. There was also a discussion about the challenges of accessing good data necessary for driving SRM initiatives forward.

Procurement Analytics 102

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Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

Supply Chain Opz

JANUARY 8, 2015

Although some surveys have shown that many CEOs are unaware or ambivalent about supply chain considerations, internal collaboration must start at the executive level. If the procurement function is focused on low-price instead of agility, then there’s no chance for success. Create the right metrics and monitor them.

Resource Reduction 100

Resource Reduction Cost Reduction Strategies Price Reduction Inventory Reduction 100

Supply Chain Shaman

MAY 7, 2015

In surveys, we get three responses to every one response that describes their supply chains as traditional, and reactive. When the leader orchestrates, the functional metrics are about reliability with all functions align against a common portfolio of metrics. Current State. There is room for improvement. Supply chains respond.

Sourcing Strategies 150

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Supply Chain Shaman

AUGUST 11, 2015

Procurement focus shifted from traditional programs focused on solely on contract management, price and term negotiations, and supplier scorecards to include the evolution of supplier development to manage product quality and multi-tier supplier relationships in and across value chain relationships. In my life time, supply chains changed.

Supply Chain Design Software 150

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Procurement Academy

JULY 18, 2024

High morale is also likely to increase productivity, improving your business metrics and leading to more profit. We offer specific role-based training for over 1,000 role and level combinations within your procurement and supply chain teams to make sure each course is targeted at the right people.

Optimal Sourcing 98

Optimal Sourcing Buyer Training Price Mitigation Strategies Purchasing Training 98

Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Optimal Sourcing 50

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Logility

JANUARY 22, 2014

This blog post is in response to recent results from the APICS/Logility Survey, Consumer Goods S&OP research, and ChainLink’s end-user research. I recently read a very good survey by Consumer Goods Technology , focused on S&OP. All that brain power and no way to scale their discussion, analysis, and decisions!

Demand Planning Software 101

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