Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Let’s take a closer look at sourcing.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Game Changer

APRIL 15, 2020

Benchmarking. While it may seem simple, or mundane, benchmarking the digital solutions on the market should be the first step to any kind of digitalization. This is why benchmarking is a crucial part of going digital. Without benchmarking one can very easily shoot way too high, or aim far too low.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

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

JUNE 29, 2022

We have one source of truth, and that stems from Crisp.”. We have one source of truth, and that stems from Crisp.” For his own use, Dan loves Crisp’s Outbound Connector for Excel , which automatically refreshes the latest retail insights directly into his frequently used Excel files. Launching the next big thing.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

Silvon Software

APRIL 18, 2024

Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically. For example, analyzing procurement data to identify opportunities for bulk purchasing discounts or renegotiating supplier contracts.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

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. While companies speak for the need to drive agility and resilience, the real focus is operational excellence. The patterns are distinctive by sector.

Agile and Lean Supply Chain 297

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

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Supply Chain Shaman

NOVEMBER 9, 2014

This team is not buying the message. The team was organized around the functional silos of source, make and deliver. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. When we started benchmarking companies, Deborah and I had a friendly wager. I was wrong.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Precoro

FEBRUARY 27, 2023

Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management. If the answer to any of them points to problems, it might be time to explore other sourcing options.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 86

The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention. The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

SCMDOJO

OCTOBER 27, 2023

Sustainability and CSR Negotiation: Negotiating terms related to sustainability, corporate social responsibility (CSR), and ethical sourcing. Alternative Sourcing Negotiation: This negotiation explores alternative sourcing options when necessary. E-Sourcing Platforms: E-sourcing platforms exist to ease the negotiation process.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 105

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 58

Procurement Academy

JULY 19, 2024

Environmentally friendly practices, such as ethical sourcing or moving towards net zero, are now not just preferred but expected. This might seem straightforward, but a thorough assessment can uncover areas where you can consolidate purchases, standardize specifications or negotiate better terms.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 52

Supply Chain Shaman

JANUARY 27, 2015

Last week, I interviewed Robert Byrne, founder of Terra Technology on his demand planning benchmarking study. I enjoy creating the podcast series, and Rob’s findings in his benchmark study are always thought-provoking. Data sourced from the Terra Technology 2014 Benchmarking Study.

Supply and Demand 150

Supply and Demand Supply Chain Planning Software Forecasting Supply Chain Software 150

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. It constantly amazes me.

Manufacturing Procurement 189

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 189

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The goal is deeper analytics to sense and respond across make, source and deliver. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Shaman

JUNE 21, 2023

Demand latency is the time cycle to translate a channel purchase to an order.) I ask, “What happened to the better design of supply chains and the bi-directional orchestration of constraints across source, make, and deliver outside of lead time (the tactical horizon)?”

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Jaggaer

JUNE 18, 2019

It covers how Biogen is rethinking how it approaches supplier discovery and how granularly we understand, clean sheet, and cost model the items we’re buying. First, it helps your teams not only find cool ideas that can actually drive differentiated value for your business, it also allows you to change benchmarks and standards.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Alloy

OCTOBER 3, 2023

Channel Performance in Walmart Luminate is intended to act as your single-source of truth for sales, inventory and forecast data. Channel Performance in Walmart Luminate gives you a true omni-channel view of sales, whether the purchase is in-store, delivered, shipped to store, picked up, or shipped directly to the customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Unleashed

JULY 25, 2021

From reducing the quantity of on hand foodstuffs to JIT inventory control – or less food delivered more frequently – optimising inventory control assists businesses to better manage food waste and reduce it at the source. Coffee waste is also an excellent substrate for mushroom cultivation.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Whatever you want to call it, Price Analysis is an activity that is well worth conducting.

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

Supply Chain Shaman

SEPTEMBER 13, 2016

The change in front of us will transform the base-level definitions of source, make and deliver. As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. These are tough to overcome.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Supply Chain Shaman

JUNE 16, 2014

The older tools from CAPS Logistics, SNO from Oracle, and Manugistics Network Planning are giving way to new technologies like the Logictools product (purchased from IBM), the Solvoyo product for concurrent planning, the Quintiq technology for concurrent optimization, and the Llamasoft technology platform for optimization and simulation.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

HICX Solutions

JANUARY 27, 2022

Supplier Relationship Management is the relationship that develops between a buyer and supplier, which is subject to the exigency of the goods or services purchased and supplied to an organization and dictates the nature of the working relationship that the buyer should look to nurture with their suppliers. SXM is about having a common goal.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Saleswarp

JUNE 12, 2022

However, receiving, tracking and fulfilling orders that come from different sources like websites, apps or in-store, is quite challenging by itself. SalesWarp empowers retailers to get all the information they need to track and benchmark the inventory. Making customers wait to buy from you is like leaving money on the table”.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimization Software 52

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

Demand sensing is the process of leveraging advanced analytical techniques to create short-term predictions of real-time fluctuations in purchase behavior. Demand sensing solutions extract everyday data from POS systems, warehouses, as well as external sources to detect variances in sales by comparing with historical trends.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement allows obtaining well-structured and relevant data, which is indispensable for prioritizing purchases and balancing the quality and price of goods or services. Global Sourcing. Green Purchasing.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Claritum

AUGUST 4, 2020

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. function.Focused purely on moving purchase transactions though the. The focus should be on automating the buying process from a. needed on the flow of purchasing transactions.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

AIMMS

JUNE 23, 2016

Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly. With “Samurai” solutions you get clear benchmarks, predictability, control and reliability.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Claritum

NOVEMBER 16, 2018

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. The focus should be on automating the buying process from a user/departmental perspective. Introduction. Step 1 Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. In my analysis of the supply chain planning benchmarking data, I can see it. Buying patterns are changing quickly, and the insights are multi-dimensional.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150