Supply Chain Shaman

JULY 25, 2021

Another misconception is that enterprise resiliency only started to decline in 2020 with the pandemic. The Focus Inside-out Supported by Functional Metrics. Functional Intitiatives Without Clarity on Supply Chain Strategy. Instead, the path requires a redefinition of process, metrics, and capabilities. Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Logility

DECEMBER 29, 2020

Thanks to the power of the cloud and advanced analytics, manufacturers can put data to work, gathering information from multiple data sources and taking advantage of machine learning models and visualization platforms to uncover new ways to streamline processes from sourcing to sales. Quality Control. And the costs don’t stop there.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

GlobalTranz

SEPTEMBER 23, 2021

on-highway diesel fuel prices are up $0.898 from the end of August 2020. Supply & Demand Chain Executive , in 2020, the ? transportation metrics ?that enables businesses to make data-driven decisions to drive efficiency into the supply? Increasing fuel costs also play into the available capacity woes.? ?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Arkieva

AUGUST 8, 2016

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030. Source: Commerce Dept. Source: SupplyChainDigest. Supply Chain Strategy. Source: Supply Chain Shaman. Source: EBN.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Industries carried on average 32 days more inventory in 2020 than in 2007. (I Organizations can align to drive value despite the allegiance to functional metrics. We source this data from Y charts. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logility

DECEMBER 28, 2020

Thanks to the power of the cloud and advanced analytics, manufacturers can put data to work, gathering information from multiple data sources and taking advantage of machine learning models and visualization platforms to uncover new ways to streamline processes from sourcing to sales. Quality Control. And the costs don’t stop there.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Supply Chain Game Changer

AUGUST 13, 2020

The Parallel Supply Chain … A Twilight Zone Strategy? Globalization has dominated as a widely practiced business strategy during the past 15–20 years. Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Subscribe to Supply Chain Game Changer.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. Higher chance of heavy reliance on external financing sources, such as loans or credit lines. According to The J.P.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The Journey Begins Mars Wrigley began working with Aera in 2020 in the US.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 208

Enterra Insights

SEPTEMBER 28, 2020

He explains, “Big data essentially has three sources: social data, machine data and transactional data. Unfortunately, these sources are limited in providing any meaningful insight into the $760-billion consumer packaged goods market. Automation in this area is more efficient and leads to better outcomes.”

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

FEBRUARY 9, 2021

Businesses must implement strategies to ensure sustainability ambitions are being supported throughout all tiers of the supply chain.” 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.

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In Malaysia, CEVA Logistics worked closely with L’Oréal , a major producer of luxury and consumer products, to develop a social initiative of providing jobs for the hearing impaired at our warehouse since June 2020. He played a key role in developing the Global CSR policy and defining the Group’s environmental strategy.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Arkieva

JANUARY 27, 2017

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. Determine the Metrics That Matter. Source: Arkieva.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

Arena Solutions

FEBRUARY 27, 2024

On March 2020, the European Commission adopted the new Circular Economy Action plan (CEAP). 2 Laying the foundation for sustainability success Companies can benefit from these four broad circular economic action items as part of their environmental, social, and governance (ESG) strategy and efforts.  This reduces mistakes and rejects. It

Material Savings 52

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 52

Arena Solutions

MAY 2, 2023

On March 2020, the European Commission adopted the new Circular Economy Action plan (CEAP). 2 Laying the foundation for sustainability success Companies can benefit from these four broad circular economic action items as part of their environmental, social, and governance (ESG) strategy and efforts.  This reduces mistakes and rejects. It

Material Savings 83

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 83

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. This list should include the business metrics that each procurement project impacts.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Supply Chain Game Changer

NOVEMBER 2, 2022

But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains. Resilience and risk management were clearly valued by automotive decision-makers when questioned about their supply chain strategy for the upcoming two years.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Enterra Insights

JULY 28, 2020

Using digital technologies to capture, store, process and share huge amounts of data means increasing efficiency at every stage. Talk to others in the organization — from logistics and distribution experts to sourcing and procurement staff — to find the biggest needs across your supply network.” “Size up your opportunities.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Precoro

MARCH 31, 2023

Thus, prioritizing sustainable procurement has become a critical component of companies' policies; by doing so, organizations promote transparency, fairness, resource efficiency, and ethical practices while enhancing their brand image and competitiveness. Let's see what each of them entails. Promoting circular economy principles.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. The list is resources an enterprise can avail itself of is ever-growing and evolving.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

CH Robinson Transportfolio

JULY 28, 2020

While no one could have predicted the level of change 2020 has already brought, it is also creating new opportunities for the first time. While outsourcing should never be approached without a strategy in place, gone are the days when supply chain outsourcing was synonymous with a loss of control and visibility. For example, C.H.

Resource Reduction 55

Resource Reduction Vendor Strategies Cost Reduction Strategies Inventory Reduction 55

Vanguard Software

APRIL 16, 2021

2020 Illustrates the Need for Better Supply Chain Scenario Planning. A transformational business benefit of supply chain simulation is optimization-based scenario planning , determining how to optimize key metrics such as supply chain cost, risk, efficiency, and inventory. Product Mix Analysis. Scenario Analysis.

Modeling 52

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 52

ThroughPut

JULY 24, 2022

In 2020, the strongest players started rethinking their planning strategies. Thus, by enabling a coordinated supply chain strategy, retailers can benefit from optimized trade-offs involving pricing, promotions, and product availability – a task that is highly challenging to achieve with conventional planning systems.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

Precoro

JUNE 6, 2022

In 2020, the global Supply Chain Management market was valued at $15.85 Efficient SCM starts with a well-managed network of suppliers and vendors. Vendors source avail goods and services to sell them to the end customers – companies or individuals. And is expected to double by 2026. Whom do they get goods/services for.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Zipline Logistics

JUNE 15, 2021

Because of the changes to the retail and CPG industries, forward-thinking sporting goods shippers are looking to logistics as a differentiation strategy. As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Shaman

NOVEMBER 9, 2014

I work with many organizations on their supply chain strategies. The team was organized around the functional silos of source, make and deliver. Instead, we found that the companies with the lowest total supply chain cost (a total of source, make and deliver) had average costs in manufacturing and distribution. I am excited!

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Matters

OCTOBER 12, 2022

contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. This is a significant milestone for ongoing planning and execution strategies. By our lens, the most important metric to be watching are clearer signs of moderating supply chain induced cost inflation.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Vanguard Software

APRIL 16, 2021

2020 Illustrates the Need for Better Supply Chain Scenario Planning. A transformational business benefit of supply chain simulation is optimization-based scenario planning , determining how to optimize key metrics such as supply chain cost, risk, efficiency, and inventory. Product Mix Analysis. Scenario Analysis.

Modeling 40

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 40

Supply Chain Game Changer

MAY 18, 2021

For instance food waste reduction alone could solve the world’s hunger problem while at the same time improving the more efficient and sustainable use of nature’s resources consumed in agriculture. This must include the active management of highly visible metrics and measures associated with nature impacts in most industries.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Software 64

EcoVadis

JULY 17, 2017

“It was the first major CP player to achieve zero hazardous waste to landfill and is focused on sustainable sourcing.”. Bottom line : for top-performing supply chains in the world, sustainability and CSR are core components to their revenue, risk management, procurement, and operational strategies.

Gartner 56

Gartner Waste Reduction Vendor Strategies Resource Reduction 56

BlueYonder

FEBRUARY 17, 2022

Post Y2K, investments were focused on energy, efficiency, and safety features. These three decades between 1990 and 2020 were influenced primarily by several key factors. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. This year (2020) when they cancelled the Tournament, they stand to get 144 mil $ from Insurance company. CONCLUSION.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

o9 Solutions

JANUARY 25, 2023

For example, detailed information about the materials that make up a product is required to achieve efficient recycling. Moving towards circular-oriented innovation strategies with frameworks such as the DPP as templates creates an opportunity for companies to generate new value. 2021 ; Walden et al.,

Supply Chain Planning Software 52

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

Ware2Go

APRIL 11, 2023

Many argue that eCommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics. Their fashionable sneakers are made from sustainably sourced materials and are fully recyclable. The problem?

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. Source: statista.com. – Customers’ wishes on last mile services from retailers 2020.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52