Supply Chain Shaman

JULY 25, 2021

In general the ERP technology providers underperformed, and the investment was an opportunity cost to the adoption of new forms of analytics and building effective business networks. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities.

Procurement Analytics 370

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

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supply chain level.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supply chain level.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

DELMIA Quintiq

DECEMBER 28, 2020

Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain. Ultimately, what KPIs, as metrics and indicators derived from the set of plans are taken into account and prepared for each scenario. Technology for Effective Planning.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? The North Star Metric (NSM). Subscribe Here! Email Address.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs.

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. Resolving these challenges requires a dynamic, iterative approach.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 83

Logility

APRIL 2, 2020

More advanced ones can structure and clean the data before dumping it into a format for reporting. 3 Get the metrics right. However, if lead times tend to be very short for some suppliers and longer for others, an average will generate an irrelevant basis of comparison. Supplier metrics should be captured about monthly.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Silvon Software

MAY 7, 2018

Analytics can help wholesale distributors maximize profits, but it isn’t just about gaining insights from the data. Here’s more information on the value that analytics can bring to wholesale distribution organizations: Operational Efficiency. High performing distributors use advanced analytics to make their operations more efficient.

Procurement Analytics 85

Procurement Analytics Analytics Optimal Sourcing Vendor Strategies 85

Logistics Bureau

APRIL 4, 2022

Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. You’ll also need to procure the most suitable platform for your freight benchmarking needs. 3: Choose Your Comparisons Carefully. 3: Choose Your Comparisons Carefully.

Benchmarking 70

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 70

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Silvon Software

MAY 24, 2022

In today’s dynamic business environment, a well-designed sales analytics program can easily become a competitive advantage for manufacturers by allowing them to quickly adapt to changing market conditions, trends and customer demands. Appropriate sales metrics also help identify the state of sales regarding time-based goals.

Procurement Analytics 78

Procurement Analytics Manufacturing Procurement Metrics Price Reduction 78

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

The answer is yes, there is a difference between the two although trivial in comparison. The core departments included in SIOP are sales, demand planning, supply planning, purchasing, marketing, finance and lastly and most importantly, executive leadership.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

American Global Logistics

JULY 14, 2023

The cost of U.S. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. The findings of this report are valuable for North Carolina and serve as a model for other states, regions, and the country. Today, they face new challenges and opportunities.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Supply Chain Shaman

OCTOBER 8, 2019

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error. Apparel is an example.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Cognira

JULY 31, 2024

It is a major requirement for merchants to have strong analytical skills and a leadership mindset to adapt to the ever-changing market dynamics and consumer preferences, and then adjust their promotional strategies accordingly. E- Promotion Evaluation Measuring the promotion effectiveness is crucial to refining strategies.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Vendor Strategies 52

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

Unleashed

JANUARY 4, 2024

Product sourcing is the process of finding reliable suppliers and purchasing inventory from them with the intention of reselling to customers. If you’re looking to sell a product that’s already been established in the market, purchasing in bulk from a wholesaler can be a good option. Where can you source products from?

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

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. Many factors may be used for conducting comparisons.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Logility

OCTOBER 6, 2023

Mansi Arora, Managing Director – Strategy & Consulting, Supply Chain & Operations, Sourcing and Procurement, Accenture, November 29,2022 How does the Logility cloud platform ensure platform stability and scalability? The comparison comes down to fully understanding the total cost of ownership for on-premises systems.

Supply Chain Planning Software 190

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 190

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Purchasing Skills 59

Supply Chain Shaman

NOVEMBER 28, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. As a group, public companies want to make progress to both drive and sustain metrics performance, but they cannot. Improvement.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

QAD

DECEMBER 19, 2019

Next, we will provide an overview of the Purchasing Commitments and Spending Action Center as well as the associated key performance indicators (KPIs). When analyzing purchasing performance, it helps to understand the difference between spend and commitment. Together, spend and commitment provide a clear view of purchasing.

Purchasing Skills 130

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 130

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. 2) Advanced Analytics.

Prescriptive Analytics Software 150

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

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Container Import Volume Year-over-Year Comparison. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S. Somewhat nailed it.

Predictive Analytics Software 228

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

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 313

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 313

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. You can effectively forecast future risks and identify patterns with predictive analytics.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

JUNE 5, 2024

Enhancing Resilience in Operations Intelligent customer segmentation helps uncover relevant purchasing trends across various demographics, allowing businesses to develop stronger, more resilient marketing strategies based on real-time data tailored to specific customer groups.

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52

ThroughPut

JUNE 5, 2024

Enhancing Resilience in Operations Intelligent supply chain segmentation helps uncover relevant purchasing trends across various demographics, allowing businesses to develop stronger, more resilient marketing strategies based on real-time data tailored to specific customer groups. How to Implement a Supply Chain Segmentation Strategy?

Inventory Reduction 52

Inventory Reduction Material Savings Sourcing Strategies Resource Reduction 52

Supply Chain Shaman

JULY 29, 2013

Which supply chain metrics correlate to market capitalization by Morningstar sector? Note that the ratios are better than absolute numbers because it helps in the comparison of large and small companies and performance across currencies.) Embrace new technologies: Internet of Things, new forms of analytics, mobility, etc.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 288

Hybrent

MARCH 6, 2019

Electronic Procurement. Software that features customized search, price comparisons, and automatic updates does just that. You can order from multiple vendors, compare contracted prices, and create and submit unique purchase orders. What if shopping for healthcare supplies was like shopping on Amazon? Invoice Matching.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40