NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”. Thesystemsthinkingreview.co.uk.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

EcoVadis

JUNE 13, 2019

Now in our sixth year supporting the SPLC, it did not disappoint: This was the strongest and the most diverse gathering of committed and capable practitioners we’ve ever seen in North America — it felt like a real groundswell of action on sustainable purchasing! Strong Focus on Supplier Practices, and Private Sector.

Procurement Solutions 40

Procurement Solutions Eliminating Excel in Purchasing Material Savings Purchasing Skills 40

Logistics Viewpoints

DECEMBER 1, 2022

There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Despite many calling for U.S. Figure 1: U.S.

Predictive Analytics Software 228

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 228

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. A copy of the survey results are downloadable here (PDF, free, opt-in).

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

ivalua

JUNE 29, 2020

According to 2019 Definitive Healthcare data, U.S. Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. Introduction to Strategic Sourcing. . Macfarlane, 2017).

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Game Changer

JUNE 25, 2019

Here at the midpoint of 2019 we would like to share the Top 10 List of our most viewed articles of 2019! Without Procurement, or Purchasing, most organizations could not even function. We also discuss how Procurement, a buying organization, must sell its value to the rest of their organization.

Purchasing Skills 51

Purchasing Skills Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 51

Supply Chain Shaman

JANUARY 31, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

JUNE 23, 2020

I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019. Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019.

Supply Chain Design Software 294

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 294

Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. I kept pressuring this client to use their channel data locked into the Excel files in their sales account teams. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

MARCH 1, 2021

At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We

Modeling 202

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 202

Supply Chain Game Changer

APRIL 15, 2020

I don’t know about you, but I typically frequent the same store; the ICA in Täby, Sweden, and I’m there once every other week to buy groceries for the coming two weeks. Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Supply Chain Shaman

JULY 6, 2020

Ed argued that instead of buying new packaging equipment that we should work with R&D to have a base flavor and add the color and flavoring at the head of the machine. The analysis covers the period from 2010 to 2019. While companies speak for the need to drive agility and resilience, the real focus is operational excellence.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Supply Chain Shaman

MAY 18, 2019

Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains. Don’t rush to buy. The result?

S&OP 181

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 181

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! My passion for Logistics and Supply Chain is founded from.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of New Zealand industry sources report that pet food suppliers sold?three?months’ Surveys show that two out of five puppy purchases were directly?influenced

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Shaman

OCTOBER 2, 2020

Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. At the Supply Chain Insights Global Conference in 2019, an attendee stopped me after the third case study of the Supply Chains to Admire award winner. The Sleep Number Story of Supply Chain Excellence.

Customer Service 298

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 298

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. There is not a one-to-one relationship between a container and a purchase order. The average purchase order changes 3-4X before shipment. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

ToolsGroup

NOVEMBER 4, 2022

Source: Insider. It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. In fact, when a store is out-of-stock for an item they planned to buy, 21% of consumers will leave and buy the item from a competitor.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ivalua

MARCH 28, 2019

Over the years, we have moved from the first spend analysis initiatives, laboriously building Excel-based “spend cubes”, through to today’s automated, cloud-based, AI-driven, integrated, holistic (add your own buzz-word here…) procurement platform. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Supply Chain Game Changer

JANUARY 21, 2021

Trillion USD, reported in 2018 ( wto.org 2019 ). At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Would you say that these factors equal a sum that is manageable with excel and homegrown solutions for supplier management? Source: PwC 2019.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

Logistics Viewpoints

APRIL 5, 2021

Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supply chain agility were underway when the pandemic hit. The company has a sourcing team that vets the beans.

Supply Chain Planning Software 234

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 234

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

ToolsGroup

MARCH 25, 2020

Had they gone public (nice in hindsight), they could have had funds to ride out the dot.com era and to buy the company that bought them. Many people don’t shop around once they have found a reliable source. How do you prepare your company to excel even in trying times? Published 3 September 2019 – ID G00450336.

Supply Chain Planning Software 168

Supply Chain Planning Software Optimal Sourcing Gartner Optimization Software 168

Enterra Insights

MARCH 19, 2024

It takes real dedication to excel in the agriculture field (no pun intended). He explains: “ When companies make pledges or establish goals that impact production and sourcing, they should begin by working with the farmers and ranchers who are on the frontlines. Unfortunately, he notes, that sometimes doesn’t happen.

Food 130

Food America Optimal Sourcing Manufacturing Procurement 130

Supply Chain Game Changer

AUGUST 5, 2021

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Classification and segmentation of the supplier base is a necessary activity in order to know who you buy from, and why you buy from them. Find the right Data Sources (the Where).

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Enterra Insights

JANUARY 6, 2021

” In order to achieve that goal, companies need to move from Excel spreadsheets to cognitive technologies with embedded advanced analytics. ” In other words, digital transformation is not about buying technologies, it’s about using technologies the right way. ” 6 Rivers Systems Blog, 24 June 2019. [3]

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 190

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company implemented SAP Advanced Planner and Optimizer (APO) including the standard functionality of Demand Planning (DP), Supply Network Planning (SNP), and Production Planning and Detailed Scheduling (PPDS), yet many planners also used Excel.

Demand Planning Software 256

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 256

Enterra Insights

JUNE 26, 2019

The Internet was still in its infancy (it had about 100K hosts connecting roughly a million people), the Macintosh Portable was released (weighing 16 pounds and costing $6500), and Microsoft Excel (a mainstay of S&OP) was just four years old. Dependency on Excel. That doesn’t mean buying the first shiny thing you see.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 100

Jaggaer

SEPTEMBER 11, 2020

Even chatbots and guided buying are not transformational – they do have efficiency benefits but do not fundamentally change the way you procure. Ultimately our focus has been about how AI can help make decisions faster and with accuracy whether that be for smarter sourcing, identifying risk factors in supply chain or contract compliance.

Procurement 86

Procurement Sourcing Strategies Supply Chain Network Software Supply Chain Design Software 86

Supply Chain Shaman

JUNE 2, 2020

As shown in Figure 1, based on data collected in the period of September-October 2019 from over 600 business leaders, at the start of the year, the likelihood of a pandemic was low risk. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new.

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 262

Logistics Viewpoints

MARCH 14, 2022

And they said, ‘Excellent very glad to do it. So, we buy diapers from them, we have them delivered to us, we rebrand them, and because of the cadence we adjusted our business model to be a subscription-based diaper ordering business. And she said, ‘I know that I could source diapers for less money.’ We have no credit record.’.

South Africa 231

South Africa Optimal Sourcing Purchasing Skills Africa 231

IQMS

JUNE 4, 2019

excel at orchestrating a variety of technologies to find new ways to excel at product quality, improve shop floor productivity, meet delivery dates, and control costs. is an excellent objective for any research effort. Source: Industry 4.0: Mid-market manufacturers getting the most value out of Industry 4.0

Supply Chain Planning Software 56

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Sourcing Strategies 56