Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. First, great supply chains are agile. Supply Chain Planning.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Manufacturers must work to consolidate incoming supplies and outgoing shipments to make their incoming and outgoing freight more attractive to major carriers. Consider Cyber Security Concerns in the Procurement Supply Chain.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

The 4 Stages of Supply Chain Analytics

Supply Chain Data Maturity A Guide to Transformation. How Mature is Your Supply Chain? that supply chain is moving through as the industry strives to leverage data. Again and again, the quality of supply chain and logistics. supply chain.

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain entities need to know vendors will be held accountable and adhere to the terms within vendor-supply chain partner service level agreements. Supply chain professionals must also know how they will be shipping freight. Companies Will Seek New Ways to Use Technology in Procurement.

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain: The True Game of Risk

Supply Chain Shaman

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks.

The Hottest Jobs in Supply Chain and Procurement! (Infographic)

Supply Chain Game Changer

Check out The Supply Chain Game Changer Job Board! Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. It’s an exciting time to be involved in the Supply Chain and for Supply Chain jobs. Subscribe Here!

Supply Chains By the Numbers

Supply Chain Shaman

When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations.

[INFOGRAPHIC] The Future Of Procurement: What Is Your Role?

Cerasis

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. The Future of Procurement is Driven by Technology. Enter The Future of Procurement , an Oxford Economics study.

3 Reasons Why Procurement Transformations Fail!

Supply Chain Game Changer

What’s the Difference between Procurement and Purchasing? I will focus on Procurement for this article as it is the topic that I am most familiar and it seems even more relevant today as I build ProcurePro Consulting ( www.procurepro.ca). What Procurement dreams are made of!

Bombardier Recruits Chief Procurement Officer and Centralizes Supply Chain Strategy

Supply Chain Matters

Since 2010, Supply Chan Matters has provided specific commentaries related to the global supply chain challenges of Canada based Bombardier. This week features another milestone, an announcement that Bombardier has hired a new Chief Procurement Officer with the challenge of centralizing all supply chain strategy among its commercial aerospace and surface transportation units while significantly […].

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Supply chain planning is decision support.

The Digital Supply Chain: How Are Supply Chain Managers Responding?

Cerasis

How do you define the digital supply chain? Most supply chains have been involved in digital processes for years. Managers Automate Processes to Respond to the Digital Supply Chain. Another aspect of response to the digital supply is training.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

Understanding how different factors affect the supply chain remains a top priority for research firms around the globe. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. Additionally, the push toward creating a self-sufficient AI is growing stronger among supply chain professionals.

Lean 174

The Donald Trump Presidency- Our Supply Chain, Product, Procurement and Technology Management Focused Perspective

Supply Chain Matters

Supply Chain Matters has […]. Global trade trends Green and Sustainable Supply Chain Industry Specific Supply Chain Challenges Manufacturing Strategies Procurement and Sourcing Product Lifecycle Management Sales and Operations Planning Supply Chain Risk Management global supply chain management implications of a Donald Trump presidency independent blog analysis and insights on supply chain management Supply chain Matters blog

What to Expect in the Coming Year: Supply Chain Matters 2018 Predictions for Industry and Global Supply Chains

Supply Chain Matters

On an annual basis, the Ferrari Consulting and Research Group provides a series of supply chain management predictions for the coming year. The Supply Chain Matters blog unveils the first five 2018 Predictions for Industry and Global Supply Chains.

Procurement Bots – Transformer or Destroyer?

Supply Chain Game Changer

Check out What Exactly Is Procurement? The last few years have seen a lot of real (and over) hype associated with the emergence of Software Robots (called Bots/Bot) which are disrupting the legacy procurement processes involving human interface. Subscribe Here! Email Address.

Why Our Goal Should Not Be an Integrated Supply Chain

Supply Chain Shaman

This week I spoke at an SAS Global Analytics Summit on the connected supply chain. In my view, the connected supply chain is very, very different from the integrated supply chain. This model endorsed ERP as the system of record for the supply chain.

Global Supply Chain & Procurement Summit 2015

Supply Chain Movement

Global Supply Chain & Procurement Summit. parity.com/global-supply-chain-procurement-summit/. Achieving this goal relies mainly on the Procurement and Supply Chain Management team. Companies need to adopt strategies that can deal with the dynamism and complexity of today’s environment, ensuring that procurement and supply chain functions can be used as the first line of defence for business operations.

Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement Report Card.

Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Supply chain management technology has a fault line. The technology market for supply chain management is dramatically shifting. Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. Tremors.

Deep Dive on 2017 Predictions for Industry and Global Supply Chains- Prediction Two: A Challenging Year in Procurement

Supply Chain Matters

The following Supply Chain Matters blog is part of our ongoing series of deep dives into each of our previously unveiled ten 2017 Predictions for Industry and Global Supply Chains. At the start of the New Year, our parent, the Ferrari Consulting and Research Group along with our Supply Chain Matters blog as a broadcast […].

The 3 Pillars of Digital Procurement!

Supply Chain Game Changer

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement.

Building the Business Case for Supply Chain Risk Management

Cerasis

Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy.

What’s the Difference between Procurement and Purchasing? (Infographic)

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? In short: Purchasing is an activity that’s a subset of the overall Procurement process. Check out What Exactly Is Procurement?

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters.

Supply Chain Matters Unveils Ten 2017 Predictions for Industry and Global Supply Chains

Supply Chain Matters

At the start of the New Year, our parent, the Ferrari Consulting and Research Group along with our Supply Chain Matters blog as a broadcast medium, traditionally provide a series of predictions for the coming year. These predictions are provided in the spirit of assisting industry specific and global supply chain cross-functional teams in helping […].

Procurement Outsourcing – Keep your Integrity!

Supply Chain Game Changer

Like so many professionals Procurement people are very proud. But at some point in their careers, especially in the age of Outsourcing, they are likely to have to deal with potential suppliers who provide Procurement services. Procurement typically negotiates deals for other functions like I/T, HR, Manufacturing and every other area in the company. When selling Procurement Outsourcing services you need to have a lot of credibility to begin. Subscribe Here!

Unlearning Supply Chain Management

Talking Logistics

The “Great Unlearning Begins” I wrote back in December 2014; it was one of my supply chain and logistics predictions for 2015. More than two years later, we’re still at the early stages of unlearning “the ways we’ve always done things” in supply chain management.

Procurement Experiences, Trends and the Future!

Supply Chain Game Changer

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? We have worked in hundreds of different industries and spend areas over many years in thousands of procurement projects.

Procurement – The Spend Aggregation Obstacle Course!

Supply Chain Game Changer

Check out What Exactly Is Procurement? When you run a central Procurement organization you are trying to get the best deal for your company. Procurement people are proud professionals. One of the key issues in having areas give your Procurement team spend control is expertise.

Procurement: The Spend Aggregation Obstacle Course!

Supply Chain Game Changer

Check out Procurement – How to Enable Spend Aggregation! When you run a central Procurement organization you are trying to get the best deal for your company. Procurement people are proud professionals. As mentioned previously Procurement people are very proud.

Procurement – How to Enable Spend Aggregation!

Supply Chain Game Changer

Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. We discussed these in greater detail in our post Procurement (Part 1!) – The Spend Aggregation Obstacle Course!