Procurement Academy

OCTOBER 25, 2021

A traditional approach to sourcing—looking at potential suppliers through familiar lenses such as price, quality, and reliability—had the benefit of straightforward metrics on which to base a comparison. How should these be balanced against traditional procurement metrics? Choices, choices, choices. On what measure?

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Logility

JUNE 28, 2018

At its most basic level, supply chain analytics are the application of mathematics, statistics, predictive modeling and machine-learning techniques to find meaningful patterns in the vast mountains of data produced by enterprise systems and external sources. In-Memory Processing: Enables fast response times to analytic operations.

Prescriptive Analytics Software 101

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 101

QAD

AUGUST 26, 2021

In his white paper , “ No Matter What You Call It: Industry 4.0 Custom solutions from open-source platforms, frameworks and application programming interfaces which afford organizations the means to build custom AI models. About Artificial Intelligence. Data Readiness. Begin with the most relevant data first.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 98

BlueYonder

JANUARY 3, 2023

In partnership with Reuters Events, Blue Yonder has published a new white paper, “Supply Chain Resilience: Planning and Disruption Management in an Ever-Changing Landscape,” that focuses on this issue. As a result, we’ve seen a 10% increase in service metrics.”. Of course, the essential question is: How do we get there?

Supply Chain Planning Software 92

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 92

Intelligent Audit

MAY 6, 2021

technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.” Download the White Paper. Track the Right Performance Metrics. The next key to transportation network optimization rests with performance metrics. Industry 4.0

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Logility

APRIL 3, 2018

Materials and components are sourced from ever-more remote locations and finished products are being sold into expanding regions and channels. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. The amount of external data continues to grow at exponential rates.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 100

Kinaxis

JULY 8, 2016

Accenture has just released a white paper titled “Supply chain for a new age” which you can get here. In this paper, the author describes various components of the next generation supply chain and introduces the role of “Network Planners”. Allowing the selection of an alternate if the primary source is overloaded….again

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 129

Logility

MAY 7, 2020

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts. Read this white paper to learn more.).

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Intelligent Audit

MARCH 23, 2021

More than one source of data and analytics is needed to get the most precise possible picture of supply chain spending and operational costs. Download the White Paper. Close monitoring of key performance indicators (KPIs) can provide valuable insight into performance within the important transportation data metrics.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Enterra Insights

JUNE 21, 2021

However, it is important to propagate these metrics vertically.” 4] Robinson adds, “Disparate data sources and divergent systems are frequently identified as causes of siloed behavior in the supply chain. ”[1] They add, “End-to-end optimization is not easy. Ensure culture readiness.

Modeling 130

Modeling Scenario Planning Optimal Sourcing Modeling Software 130

Zipline Logistics

FEBRUARY 9, 2021

Download the free white paper to learn more about how data can be used to reduce logistics spend while improving supply chain performance. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Download: Using Data to Drive OTIF and Retail Compliance Success.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Turvo

SEPTEMBER 16, 2021

All systems and data are unified, integrating large volumes of data from multiple data sources such as TMS, warehouse management (WMS), dock scheduling, accounting, enterprise resource planning (ERP), customer resource management (CRM), and visibility applications. Measure carrier performance for improvements and new opportunities.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

EcoVadis

MARCH 31, 2017

No matter what sector your business is in, you will source across dozens or even hundreds of purchasing categories, particularly when you consider indirect spend where many risks can be hidden. This will require a solution with the capability and scale to monitor and analyze all of these different data sources.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

o9 Solutions

JANUARY 25, 2023

A proposal list of required metrics for producers to report includes: Name of the product and producer, Location of the factory, the origin of the materials used, Proportion of chemical and recycled materials, Instructions for use, recycling, and/or disassembly. Towards a Digital Product Passport Fit for Contributing to a Circular Economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

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. For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

RFgen

JULY 23, 2014

Muro went on to explain how robotics are helping to reduce labor costs in many sectors, and the “industrial Internet” driven by mobile data collection and communication helps manufacturers get a clear view of the way their equipment is working, among a variety of other metrics. Paper Elimination. Real-time Performance.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52

RFgen

JULY 23, 2014

Muro went on to explain how robotics are helping to reduce labor costs in many sectors, and the “industrial Internet” driven by mobile data collection and communication helps manufacturers get a clear view of the way their equipment is working, among a variety of other metrics. Paper Elimination. Real-time Performance.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Software Manufacturing 52

RFgen

MAY 5, 2016

Incidents like this seem increasingly prevalent as news sources rush to inform consumers about any products that may be contaminated. For example, if manufacturers use smart production machines that can monitor temperature or other important quality metrics, the results should be visible on mobile devices and in management offices.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

RFgen

MAY 5, 2016

Incidents like this seem increasingly prevalent as news sources rush to inform consumers about any products that may be contaminated. For example, if manufacturers use smart production machines that can monitor temperature or other important quality metrics, the results should be visible on mobile devices and in management offices.

Food 52

Food Manufacturing Procurement Inventory Management Software Procurement Analytics 52

synchrono

NOVEMBER 18, 2016

These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5% As an organization moves toward greater maturity, the number of disparate data sources to be aggregated and made visible multiplies. gain in profits.

Supply Chain Visibility 40

Supply Chain Visibility Real-time Visibility Supply Chain Software Forecasting Software 40

Supply Chain Trend

OCTOBER 31, 2016

Jim : Basic clarity, so many webinars, so many LinkedIn groups, so many consultants, so many white papers, has really muddied the waters of a fairly simple concept. Also, building in S&OP process metrics, not just business operating metrics is critical to success. How is the S&OP process performing?

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

Supply Chain Network

OCTOBER 30, 2007

In terms of supply chain fraud, supplier metrics and the vendor scorecard are useful tools in determining suppliers that may be putting the organization “at risk�. – Source: Supply Chain Fraud White Paper. Budgeting For the Repercussions of Supply Chain Fraud. Summarizing Challenges Surrounding Supply Chain Fraud.

Supply Chain Software 60

Supply Chain Software Supply Chain Vendor Strategies Cost Reduction Strategies 60

Talking Logistics

APRIL 20, 2016

Author’s Note: Below is an excerpt from Moving Up the Supply Chain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper recently published by Elemica with research conducted by Adelante SCM. How do you successfully align goals, metrics, and resources across functional groups?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Design 100

GlobalTranz

MARCH 24, 2015

For shippers, popular metrics that shippers benchmark year over year that are often benchmarked, but don’t have reliable enough industry wide data are: Freight cost per unit shipped. And more… for a full list, see our White Paper on Transportation Metrics. Outbound freight costs as percentage of net sales.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

Infosys Supply Chain Management

JUNE 20, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. White Papers. |. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. Sourcing,Procurement,Contract & Spend Management (38). Customer Service.

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. White Papers. |. Insuring that each function, including online marketing, store operations and supply chain have common objectives, metrics and aligned rewards for the coming year. Customer Service.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Infosys Supply Chain Management

NOVEMBER 11, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. White Papers. |. In this step, the actuals are compared with the planned metrics (MAPE, forecast accuracy, bias etc.) Sourcing,Procurement,Contract & Spend Management (38). 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. White Papers. |. Some of those are Cognos, iLog, SPSS, Core Metrics, Emptoris, Vivisimo and many others, as world is moving from reactive to proactive. Business Process Outsourcing. Customer Service.

Supply Chain Planning Software 24

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

Arena Solutions

FEBRUARY 4, 2022

To support sourcing and order fulfillment on a global scale, they must change how they interact with their suppliers and partners. If you identify the need to find alternate sources for certain parts and services or if you identify quality issues, address it with your supplier. Establish and analyze key performance metrics.

Supply Chain Design Software 78

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 78

Intelligent Audit

FEBRUARY 18, 2021

Track the Right Metrics Based on Unique Operations. Therefore, it is crucial to align the chosen metrics and data points with your company’s unique needs. Another way to reduce logistics cost within the supply chain network is to create a standard for data analysis, also know as the single source of truth.

Cost Reduction Strategies 52

Cost Reduction Strategies Analytics Software Logistics Network Optimization Software Resource Reduction 52

NC State SCRC

DECEMBER 30, 2018

To initiate their analytics journey, Siemens worked with Dr. Robert Handfield from the Supply Chain Resource Cooperative to create a white paper that helped define the vision and the business case. The white paper we developed with Dr. Handfield helped to establish the mission and vision, defining what we mean by the digital platform?

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Infosys Supply Chain Management

JUNE 28, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. White Papers. |. A further benefit of integration of these many systems is to allow organizations to effectively report on their sustainability metrics. Business Process Outsourcing. Customer Service.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 22

synchrono

JUNE 19, 2017

Modern Demand-Driven Manufacturers are leveraging real-time Cloud-based visualization and collaboration systems to view data from multiple, disparate sources while keeping the data in its original, host environment. More information on this topic: White paper: End-to-End Supply Chain Visibility Technology is Here.

Real-time Visibility 83

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 83

Infosys Supply Chain Management

MAY 9, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. White Papers. |. Hence there arises a need to implement a system/process that can collaborate and obtain information from various sources, analyze and help formulate strategies for a more visible supply chain.

Supply Chain Planning Software 29

Supply Chain Planning Software Real-time Visibility Supply Chain Software Agile and Lean Supply Chain 29

Infosys Supply Chain Management

SEPTEMBER 17, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. White Papers. |. Hence it is not recommended as a single metric to be followed. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Product Categories. Banking Suite.

Supply and Demand 30

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 30

6 River Systems

NOVEMBER 25, 2020

Master Data Strategy: One space that is still not as clear is a master data strategy that allows for elements coming together from various sources and systems. It still has a long way to go as many solution providers work to make sense of the many different types and variations of data.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Resource Reduction 52

Infosys Supply Chain Management

SEPTEMBER 9, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. White Papers. |. Benefits: Avoid multiple sources of truth - With single / reduced number of instances the number of databases will be less. Sourcing,Procurement,Contract & Spend Management (38).

Sourcing Strategies 24

Sourcing Strategies Resource Reduction Cost Reduction Strategies Supply Chain Strategy 24