Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

Supply Chain Shaman

DECEMBER 29, 2016

As I study research methods, and the market, I realize the lies I’ve spun for prior employers (Gartner and AMR Research) are untrue: The AMR Research Hierarchy of Supply Chain Metrics. This research, released in 2005, gives a compelling view of a metrics hierarchy. In 2016 I wrote 35 blog posts. Reflections.

Supply Chain Planning Software 0

Supply Chain Planning Software Inventory Reduction Forecasting Gartner 0

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Shaman

AUGUST 21, 2016

For most companies, greater economy of scale is possible through the global management of procurement and transportation and local management of sales, manufacturing and customer service. We reviewed the orbit charts and progress of the recent Supply Chains to Admire Analysis for 2016. We are now on our 190th podcast.

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Price Reduction 150

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

Optimal Sourcing Cost Reduction Strategies Vendor Strategies Procurement 50

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 23, 2016

Industry Week, March, 2016). These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Flex is eight (8) years into its Lean journey.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

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 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

IQMS

NOVEMBER 29, 2018

With the advanced analytics spending predicted to grow from $136B in 2016 to $232B in 2021 , attaining an 11.3% Many manufacturing supply chains will evolve into intelligent networks with real-time track-and-trace, legacy systems integration and greater delivery accuracy and quality metrics than ever before.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

Talking Logistics

OCTOBER 27, 2016

On September 3, 2016 China and the US agreed to ratify the Paris Agreement on climate change. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

RFgen

JANUARY 16, 2025

Advanced analytics monitor key metrics like inventory turnover rates and holding costs, helping you optimize stock levels and strike the right balance between storage costs and the risk of stockouts. Operating System: Compatible operating systems (Windows Server 2016 or later). Remote Access: Secure VPN access for remote operations.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

Enterra Insights

FEBRUARY 9, 2021

This is expected to result in the reduction of over 26 million metric tons of greenhouse gas emissions — the equivalent of taking five million-plus cars off the road for a full year. Everything from procurement, to production, to logistics can be improved using artificial intelligence. Footnotes. [1]

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Material Handling & Logistics

SEPTEMBER 18, 2017

A new study finds that in 2016 public companies had more than $1 trillion unnecessarily tied up in working capital. Working Capital Survey, which examined the performance of 1,000 of the largest public companies in the US in 2016, found that typical companies now have more than $1 trillion unnecessarily tied up in working capital. .

Inventory Reduction 60

Inventory Reduction Optimal Sourcing Inventory Company 60

EcoVadis

DECEMBER 29, 2016

While this has not changed, the information to be declared by companies has now become more comprehensive: Since the new Decree of 19 th August 2016, important direct (Scope 1) and indirect (Scope 2 and 3) GHG emissions linked to the supply chain will have to be declared, covering both upstream and downstream emissions.

Report 67

Report Company France Supply Chain 67

NC State SCRC

MARCH 16, 2017

I had the opportunity to sit in on a number of sessions at Procurement Leaders American Congress 2017 in Miami this week. PL’s research shows that for procurement, cost savings is still the main issue that executives focus on. in 2015, down from 7% in 2016. in 2015, down from 7% in 2016.

Optimal Sourcing 40

Optimal Sourcing Innovation Procurement Supply Chain Design Software 40

Supply Chain Game Changer

NOVEMBER 28, 2018

But, unlocking collaborative supplier innovation requires clearly defined strategies and operations by a sourcing, procurement and/or purchasing team to ensure that suppliers’ competencies are being leveraged to their fullest potential. Supplier bases are a great source of potential innovation. So… Are you ready to innovate?

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

NC State SCRC

DECEMBER 28, 2015

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. Talent should be part of building a procurement transformation, and not an after-thought.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

EcoVadis

NOVEMBER 5, 2017

million metric tonnes (Mt) and predicted an increase to 50 million Mt of e-waste in 2018 ( United Nations University 2014 ). Between 2015 and 2016, the number of assessed small and medium companies in the ICT sector has increased twice as much as that of large companies. Integrating Circular Economy Principles In Procurement.

Supply Chain Design Software 60

Supply Chain Design Software Optimal Sourcing Supply Chain Network Software Sourcing Strategies 60

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. ROI analysis: core to a strong business case.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. CB Insights, Stocked Up: 150+ Companies Attacking The Supply Chain & Logistics Space, November 30, 2016. References.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Supply Chain Game Changer

NOVEMBER 25, 2018

Gartner Survey Metric Notes: 1. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. All Rights Reserved.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

EcoVadis

OCTOBER 17, 2017

million metric tons this year. The Information and Communications Technology (ICT) sector has led the charge for sustainable procurement in recent years as technology companies push hard to meet consumer demands for transparency in the supply chain. Alcatel-Lucent Sustainable Procurement Case Study.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Supply Chain Game Changer

JANUARY 14, 2020

Gartner Survey Metric Notes: 1. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. All Rights Reserved.

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

QAD

JULY 14, 2022

Unless these are supported by existing applications, it could force the quality department to create or procure point solutions in order to maintain compliance. Does it allow key metrics and reporting to be visible in real time on fully customisable dashboards with drill-down capability? So that’s why I need an EQMS system!

Supply Chain Planning Software 98

Supply Chain Planning Software Modeling Software Supply Chain Design Software Supply Chain Software 98

NC State SCRC

OCTOBER 3, 2016

Biobased Products Industry: 2016 Update.”. Key takeaways from the 2016 report include: The biobased products industry contributed $393 billion to the U.S. The production and use of biobased products replacing petroleum-based products has the potential to reduce GHG emissions up to 10 million metric tons of CO2 equivalents.

Study 49

Study Price Reduction Cuba Chemicals 49

NC State SCRC

JULY 11, 2017

IbisWorld’s Procurement Report on Commercial Tires supports retreading as a major method to reduce total cost of ownership, noting that: The retreading process consists of repairing all existing damage, resurfacing the tire and applying a new layer of tread to the casing. Examples of metrics include the following: Cost per driver hour.

Procurement Analytics 40

Procurement Analytics Cost Reduction Strategies Purchasing Skills Price Reduction 40

Supply Chain Brain

MAY 22, 2018

In 2016, the world’s meat production was estimated at 317m metric tons, and that is expected to continue to grow. We are no longer in the 14th century, when as much as 76 percent of the population worked in agriculture — but farming still employs more than 26 percent of all workers globally.

Food 40

Food Manufacturing Procurement Security Metrics 40

Supply Chain Game Changer

JANUARY 29, 2020

2016, International Maritime Organization (IMO) took a landmark decision which will enforce a new regulation from 1st of Jan. m/m in 2020 was taken way back in 2008 and it got ratified in 2016 in the 17th session of MEPC meeting. million metric tons annually. The decision to make it 0.5% So, this is not sudden.

Cost Reduction Strategies 67

Cost Reduction Strategies Virgin Islands Price Reduction Inventory Reduction 67

Material Handling & Logistics

JULY 24, 2018

days longer to pay than in 2016 and improving Days Payable Outstanding (DPO) by increasing it to 56.7 CCC is a standard metric used to quantify the ability of companies to convert invested resources into cash, and incorporates payables, receivables and inventory. This is a significant improvement over the high CCC of 37.3

Company 54

Company Optimal Sourcing Inventory Reduction Survey 54

Requis

NOVEMBER 11, 2019

Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. But the benefits of digitization extend throughout the entire supply chain, from procurement to surplus disposition. Book a Free Demo.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

Requis

NOVEMBER 11, 2019

Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. But the benefits of digitization extend throughout the entire supply chain, from procurement to surplus disposition. Book a Free Demo.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

IQMS

JULY 11, 2019

Honeywell is integrating AI and machine-learning algorithms into procurement, strategic sourcing and cost management. OEE is a pervasively used metric in manufacturing as it combines availability, performance, and quality, defining production effectiveness. Source: Honeywell Connected Plant: Analytics and Beyond. (23

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

NC State SCRC

MAY 11, 2020

Not only were we not prepared, but our previous strategies had left us crippled by overseas supply chain dependencies, often accrued through the pursuit of low cost procurement. Figure 1: Summary of different orbital regimes for persistent surveillance platforms taken from Biltgen and Ryan, 2016, p. 42-44, 46-49. [6] 6] Biltgen, P.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization Pharmaceutical 52

Supply Chain Brain

APRIL 25, 2018

Nearly $1.4bn of cashmere garments were exported globally in 2016, up from $1.2bn in 2010, according to United Nations trade data. (Napoleon Bonaparte’s wife helped popularize the fabric.) But over the past two decades, its cachet skyrocketed and cheaper garments flooded the market. Now it’s seemingly everywhere, at every price point.

Purchasing Skills 40

Purchasing Skills Manufacturing Procurement Quality Procurement Analytics 40

NC State SCRC

OCTOBER 12, 2016

By 2014 and 2016 revenue was back up to almost its previous high point. In supply chain, you can focus in procurement, sourcing, inventory control, logistics, and other off-shoots that occur on a daily basis. They went from 1000 employees down to less then 300 – and a lot of people lost jobs, but they were able to survive.

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

Logistics Bureau

NOVEMBER 27, 2016

If Gartner’s Top 25 Supply Chain rankings are anything to go by, Unilever is THE world leader in supply chain operations, at least in 2016. Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. The Sustainability Drive.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Supply Chain Shaman

APRIL 9, 2021

Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Focus on functional metrics without alignment to a balanced scorecard to drive value. Belief in efficient procurement. Alignment Barriers. Mistake #3.

Supply Chain Planning Software 367

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 367