Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Jaggaer

OCTOBER 22, 2020

He was joined by Youness Taghrichte, Head of Procurement at Attijariwafa Bank, together with Richard Hogg, VP Northern Europe, JAGGAER, and Javier Lopez, Senior Value Engineer, JAGGAER. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Unleashed

AUGUST 11, 2020

A business cannot operate without sufficient cash flow to fund purchasing, drive marketing and sales, invest in new equipment and cover operation costs. Some of these issues include obsolescence, tied-up cash flow, missed sales due to stock-outs and off-target forecasting and purchasing. Automation.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights. ” Anna, this blog post is for you. And how do we measure it? (Is

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Claritum

JULY 16, 2019

Claritum Article - Procurement Blog. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). Seeking savings and purchasing efficiencies.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Procurement Analytics Software 32

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

SCM Research

MAY 15, 2017

Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. In total, 46 interviews were conducted with representatives from 16 companies, standing for various industries in the European Union, and differing in their sizes and business models.

Purchasing Skills 113

Purchasing Skills Procurement Analytics Case Study Modeling 113

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 63

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 63

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Claritum

SEPTEMBER 27, 2018

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. So how do these differences affect procurement and supply. Introduction.

Optimal Sourcing 36

Optimal Sourcing Procurement Analytics Negotiating Skills Purchasing Skills 36

Kodiak Hub

SEPTEMBER 1, 2022

Anyone who has climbed a few rungs up the corporate ladder knows the sense of achievement that comes with reporting directly to the C-Suite executive level. CEO: I need to sign off on supplier compliance for the annual internal controls report, can you have the necessary assurances on my desk by close of business?

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Buyer Training 52

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

Supply Chain Shaman

DECEMBER 4, 2018

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). As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Movement

SEPTEMBER 26, 2016

Global P2P departments are still on the journey towards true touchless end-to-end purchase-to-pay function. Attend this marcus evans Process Owners P2P strategy meeting to get a clear understanding of latest trends and best practices from peer lead practical case study sessions. Organiser: marcus evans Conferences.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ivalua

JANUARY 13, 2021

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P. .

Procurement Solutions 235

Procurement Solutions Purchasing Skills Optimal Sourcing Negotiating Skills 235

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Importance of Teamwork and Collaboration in Inventory Optimization: Successful inventory optimization requires collaboration across departments, particularly involving purchasing and IT.

Inventory Reduction 80

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 80

Precoro

OCTOBER 25, 2021

Jeremy Beauchamp , operations manager at Bright Peak Therapeutics, has kindly agreed to share his team’s experience setting up a procurement management process from scratch using Precoro. Bright Peak’s Procurement Background. As a new start-up, Bright Peak didn’t have a procurement system in place.

Optimal Sourcing 98

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 98

Locus Robotics

SEPTEMBER 14, 2021

Chris Caton, head of global strategy and analytics for Prologis, says that his firm “estimates these customers will require 1.2 It’s not as simple, though, as just calling up a company to purchase the materials you need and getting them right away anymore. See Case Studies Learn More. Let’s talk ! Get Started.

Supply Chain Planning Software 96

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 96

EcoVadis

JANUARY 4, 2019

One of the great things about this time of year is to dig into analytics and see what topics were of particular interest over the past year to those who care about transparency in global supply chains. Three Key Factors Purchasing Teams Should Consider for 2018 Risk Management Strategy.

Procurement Analytics 56

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 56

Precoro

NOVEMBER 20, 2023

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system. She and Ms.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

Supply Chain Game Changer

MAY 5, 2021

Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain. The competencies required to bring about this new model can be bigger than redesigning RFPs or the Procurement process.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Talking Logistics

JULY 19, 2018

Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. . In case you missed it, check out my short video interview with William and David and our write-up of the case study.

Real-time Visibility 102

Real-time Visibility Capacity Procurement Analytics Logistics Network Optimization Software 102

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. Many supply chain consultants will quickly rattle off case studies and proof points, but the smart supply chain leader will ground the discussion with clear definitions. It is evolving. Independent Demand.

Supply and Demand 331

Supply and Demand Modeling Demand Planning Software Forecasting 331

Supply Chain Shaman

OCTOBER 8, 2019

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error. Apparel is an example.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Bristlecone

OCTOBER 29, 2020

For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. Read Case Study. Procurement solutions for contracts and commerce automation. PURCHASE ORDER ACCRUALS. Performance Management.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

Claritum

JUNE 3, 2019

Claritum Article - Procurement Blog. Procurement the barrier to doing business. The number of employees procuring outside of any formal procurement structure is increasing. This increase driven by the many marketplace services available in the cloud and the ease of purchase and familiarity of these Marketplaces.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Purchasing Skills Supply Chain Design Software 32

EcoVadis

FEBRUARY 28, 2018

A study by the World Economic Forum demonstrated that businesses that apply sustainable practices reduce supply chain costs by 9-16 percent and increase brand value by 5-20 percent. Meanwhile, a recent report by Unilever showed that its Sustainable Living Brands grew over 50 percent faster than the rest of the business.

Sustainability 53

Sustainability Procurement Solutions Procurement Analytics Supply Chain Design Software 53

Claritum

JANUARY 25, 2019

Claritum Article - Procurement Blog. The level of understanding of procurement automation within a company influences significantly the adoption. There are many benefits for SMEs adopting Procurement automation. Better use of scarce resources to procure goods and services. A seamless and fast procurement process.

Negotiating Skills 36

Negotiating Skills Negotiate Pricing Supply Chain Software Purchasing Skills 36

Claritum

DECEMBER 3, 2019

Claritum Article - Procurement Blog. Claritum’s top ten 2020 predictions for Procurement. Shortage of skilled and qualified Procurement professionals will drive further automation into Indirect Spend categories. Procurement will come around to realise that it’s not about the automation. Claritum Case Studies.

Procurement Analytics 41

Procurement Analytics Procurement Solutions Predictive Analytics Software Predictive Analytics 41

Vanguard Software

MAY 4, 2021

Some basic assumptions might include: Number of buyers in the target market Percentage of consumers in the target market that will purchase The timing of their purchase, taking economic cycles and holidays or seasonal events into account Pattern or frequency of repeat or replacement purchases. Minimize delays.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Vanguard Software

MAY 4, 2021

Some basic assumptions might include: Number of buyers in the target market Percentage of consumers in the target market that will purchase The timing of their purchase, taking economic cycles and holidays or seasonal events into account Pattern or frequency of repeat or replacement purchases. Minimize delays.

Forecasting 52

Forecasting Forecasting Software Supply and Demand Modeling 52

o9 Solutions

MAY 26, 2021

CPG manufacturers are scrambling to strengthen the connect with consumers and in some cases to bypass retailers altogether. and carefully procure and place inventory, they constantly face operational issues during execution. The emerging best practice is to deploy cognitive control towers that are both analytical and operational.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

CPG manufacturers are scrambling to strengthen the connect with consumers and in some cases to bypass retailers altogether. and carefully procure and place inventory, they constantly face operational issues during execution. The emerging best practice is to deploy cognitive control towers that are both analytical and operational.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. The EV auto maker’s original commitment at the start of 2022 was to produce 50,000 vehicles, but that was cut at mid-year.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59