Logistics Viewpoints

APRIL 6, 2023

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. This approach results in inefficiencies, higher costs, and missed opportunities.

Optimal Sourcing 211

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 211

Logistics Viewpoints

JUNE 29, 2023

However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

Manufacturing Procurement 200

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 200

Supply Chain Shaman

JULY 25, 2021

Only four percent of companies outperformed their peer groups. While market potential declined, individual company performance declined faster. I strongly believe that we adopted practices in the last two decades that degraded performance and threw companies out of balance. The Focus Inside-out Supported by Functional Metrics.

Procurement Analytics 370

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

Supply Chain Shaman

MAY 25, 2024

Wikipedia In 2014, I was exploring methods to publish what is now the Supply Chains To Admire report. The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. We purchase data from Y charts. (A We have archived corporate reporting from Y charts for 1982-2023.

Eliminating Excel in Purchasing 318

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 318

Logistics Viewpoints

OCTOBER 24, 2024

This is the largest area of investment for the company outside of ERP. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.”

SAP 231

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 231

Supply Chain Shaman

NOVEMBER 11, 2020

The discipline, first defined in 1982, includes source, make, deliver, and planning functions. As companies wrestle with pandemic results, they must face the reality that a new form of decision support is required to sense market shifts in markets and make decisions at the speed of business. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 304

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 304

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. To accomplish this, our clients rely on the built-in data hub of our Stratum reporting application.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Logistics Viewpoints

MARCH 9, 2023

Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue.

Supply Chain Planning Software 218

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 218

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 19

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 19

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping. Buffering creates waste.

Supply Chain Planning Software 314

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 314

Supply Chain Shaman

SEPTEMBER 13, 2023

Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. Only 2% of companies are pushing forward in our Supply Chains to Admire analysis. Regional companies outperform global brands in all but two industries in the market. Should companies care?

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. ” Her answer was telling.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As companies grappled with growing and achieving global scale, the organizations became larger. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. I term this our data jail. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 343

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 343

ivalua

OCTOBER 13, 2022

A new report, “Data-Enabled Supply Chain Transparency” has revealed that 77% of respondents indicated their organization considers supply chain transparency to be critically or highly important. Redwood City, CA, 13 October, 2022. About the research.

Procurement Analytics 130

Procurement Analytics Procurement Solutions Supply Chain Planning Software Optimal Sourcing 130

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 273

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

According to research from McKinsey & Company, the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level.

Supply Chain Planning Software 298

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

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. Each company ranks in the 4% of companies beating their peer groups. No technology company is attacking supply chain planning at the center. Procurement and transportation operated as islands.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 293

Logistics Viewpoints

MAY 13, 2024

Leagh Turner, CEO of Coupa In December 2022, Thomas Bravo acquired the public company Coupa and took it private. The goal is for the company to go from $1 billion in annual recurring revenue today to an ARR of $2 billion in the next three years, but to do so in a more profitable manner. New CEOs are brought in to drive change.

Procurement Solutions 237

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 237

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As disruptions become the norm, Supply Chain Planning and Source-to-Pay (S2P) cycles need to be increasingly dynamic and intertwined.

Manufacturing Procurement 240

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 240

Logistics Viewpoints

DECEMBER 18, 2024

Regulatory Demands: Governments worldwide are enforcing stricter emissions standards and introducing carbon taxation schemes, pressuring companies to adapt. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. Transparent sourcing practices build trust among consumers and investors.

Optimal Sourcing 193

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 193

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Logistics Viewpoints

AUGUST 23, 2021

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. Companies with close collaboration with suppliers outperform their peers.

Optimal Sourcing 283

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 283

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 87

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 87

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As companies grappled with growing and achieving global scale, the organizations became larger. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

FEBRUARY 7, 2024

Now, more than ever, companies and countries are looking at their overall carbon footprint and trying to establish a path to be more environmentally friendly. And even looking at those companies that perform in the 75 th percentile, that number is not much higher. The third reason to address sustainability is to increase profitability.

Waste Reduction 285

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 285

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that Download the White Paper: Over the Road Freight Management Trends. are liable?network Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

NOVEMBER 21, 2022

I thought back to the press releases I wrote at prior technology companies, which only had a glimmer of truth. On the technology front, optimization is deeper, and the evolution of artificial intelligence enables more flexible sensing and modeling. As shown in Figure 1, the reporting relationships vary. Identify the patterns.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 299

Supply Chain Shaman

SEPTEMBER 10, 2020

Companies are drowning in data and short on insights. Food and beverage companies are experiencing double-digit demand. With air capacity limited due to the decline in air travel, companies moving products using cold chain assets will struggle. Demand latency is the time from channel purchase to order receipt.)

Supply Chain Planning Software 409

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 409

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use.

Optimal Sourcing 206

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 206

Supply Chain Shaman

NOVEMBER 29, 2021

Shippers pushed cost and waste backward in the supply chain. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The news reports symptoms, not root causes. Changing Analytic Capabilities.

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 284

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Optimal Sourcing Procurement Solutions 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Optimal Sourcing Procurement Solutions 130