Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logility

JUNE 28, 2017

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) Chemical manufacturers faced with shrinking margins must put the right product in the right location at the right time. can vary from lot to lot.

Chemicals 100

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 100

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

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

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. The result? The reason? Is this leadership?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Arkieva

JUNE 28, 2016

Sales and Operations Planning (S&OP) is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP.

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

Logility

AUGUST 17, 2016

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Supply chain planning systems receive the forecast as input and plans the purchasing of materials, making of products, and overall operation of your supply chain. What else would you add?

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

Supply Chain Shaman

JUNE 3, 2013

In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 259

Jaggaer

JULY 10, 2024

Proven Techniques from Source to Contract By Georg Roesch, VP Direct Procurement In our recent guest article, Prof. According to PwC’s 2024 Voice of the Consumer Survey , “while cost-of-living pressures weigh, some consumers say they are willing to spend 9.7% from source to contract).

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Inventory 52

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. In order to measure the efficiency of your supply chain, companies must track certain metrics. Supply Chain 4.0

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Need I say more?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Enterra Insights

NOVEMBER 4, 2019

Circular economic business models encourage continuous reuse of materials to minimize waste and the demand for additional natural resource consumption.”[2]. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5 It is important not to confuse those metrics with the circular economy. ”[2].

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100

Procurement Academy

FEBRUARY 6, 2024

the Securities and Exchanges Commission (SEC) has proposed rule changes that would require registrants to include disclosures in their registration statements and periodic reports regarding climate-related risks and the company’s greenhouse gas emissions. In the U.S.,

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Talking Logistics

NOVEMBER 10, 2014

Herman Woltjes, Shell Chemicals – “Logistics Execution”. Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process. Fast and effective roll out.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Supply Chain View from the Field

NOVEMBER 12, 2014

I was in Houston yesterday evening, speaking to a large group of procurement executives at a roundtable held by KPMG’s Procurement Advisory Group, at the fabulous Brennan’s restaurant on Smith Street. ”” This is exactly the root cause of the problem.

Procurement Analytics 102

Procurement Analytics Procurement Solutions El Paso Houston 102

Precoro

SEPTEMBER 23, 2024

Efficient management of catalog items is one factor that distinguishes chaotic purchasing from organized procurement. Procurement teams that want to speed up the purchasing process and reduce errors while adhering to quality standards and budget limitations must have quick access to pre-approved items from vetted suppliers.

Procurement Solutions 82

Procurement Solutions Purchasing Skills Pricing Training Negotiating Skills 82

Talking Logistics

MAY 13, 2015

Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. From the article: Columbia Sportswear added $415.6

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. No matter what sector your business is in, you will source across dozens or even hundreds of purchasing categories, particularly when you consider indirect spend where many risks can be hidden. which can vary by geography.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. Together, we built this model. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., The ESG data landscape will continue to be influenced by dynamic reporting requirements, regulations, investor sentiment, and public perceptions.

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Ralph Lauren intends to eliminate hazardous chemicals in its product lines by 2025 in alignment with the Zero Discharge of Hazardous Chemicals (ZDHC).

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Ralph Lauren intends to eliminate hazardous chemicals in its product lines by 2025 in alignment with the Zero Discharge of Hazardous Chemicals (ZDHC).

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

Logistics Bureau

OCTOBER 6, 2024

In supply chains handling chemicals, pharmaceuticals, or food products, COAs are crucial for quality assurance and regulatory compliance. SDS Safety Data Sheet – A document that provides information on the properties of hazardous chemicals and how they affect health and safety in the workplace.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 70

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

EcoVadis

JULY 11, 2016

This workshop brought together Global Compact LEAD companies and other members convened to define and bring urgency to sustainable procurement, and to discuss how they can motivate and mobilize their companies to address this next frontier in Corporate Social Responsibility (CSR) progress.

Procurement Analytics 40

Procurement Analytics Sustainability Pharmaceutical Supply Chain Strategy 40

o9 Solutions

JANUARY 25, 2023

The DPP is a proposed policy solution to support more sustainable production, circular business models, enable consumers in making more informed purchasing decisions and to allow authorities to verify compliance with legal obligations. What is the digital product passport (DPP)?

Supply Chain Planning Software 52

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

Supply Chain Shaman

FEBRUARY 18, 2013

This data will be combined with the financial ratio data and published in an Open Content Research report in April on the Supply Chain Insights Community. Current State: Costs are rising. Hosting this webinar series is one of the favorite parts of my job as the Founder of Supply Chain Insights. Power is shifting to the hospital.

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

EcoVadis

OCTOBER 17, 2017

million metric tons this year. These countries often don’t have the infrastructure required to ethically or efficiently handle waste recycling, leading to a buildup of harmful chemicals that affect populations near dumping sites. It is estimated that e-waste will be the fastest growing waste type, reaching 48.2 Even as the new U.S.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

ThroughPut

DECEMBER 3, 2019

Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. He served on the board of Trammell Crow Company (TCC: NYSE), which was purchased by CB Richard Ellis (CBG: NYSE) in 2006. Where and how do I get started with using technology capabilities like AI, real time analytics etc. project?

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 52

RFgen

APRIL 20, 2023

The ability to update Oracle Cloud as work occurs is an essential best practice for accurate tracking and reporting. Purchase Orders: receiving, line inquiries, inspections, put-away, returns, and RMA returns. It’s a necessary but beneficial value-add proven to provide upticks in key performance metrics.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Talking Logistics

APRIL 27, 2016

This functionality then leads to supply chain insight which allows companies to learn about operational performance, strengths and weaknesses of a supply chain configuration, changes in supply or demand and customer service capabilities and cost. Improve lead times and performance. Augment and Set Visibility Tools In Place.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100