Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Current State of Visibility. Visual Artist Representation of the First Day of the Program.

Supply Chain Planning Software 351

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 351

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. View Webinar Replay. More on that here.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

SYSPRO Smarter ERP

NOVEMBER 18, 2024

Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. Supply chain management The international sourcing of automotive components is now a common practice but it can still present challenges.

Automotive 98

Automotive Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 284

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 284

Supply Chain Shaman

JUNE 3, 2024

How does the plan tie to the balanced scorecard of growth, inventory health, operating margin, customer service, and Return on Invested Capital (ROIC)? The current taxonomy does not include a tactical planning tool for procurement (above MRP) which is an opportunity.) What do we learn through gap analysis?

Supply Chain Planning Software 356

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 356

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Logistics Viewpoints

JULY 26, 2022

Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year. Due to this awareness, freight sourcing is receiving increased interest from shippers. Ease of use is also essential.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 301

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 116

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. While the company’s investments in manufacturing scheduling and demand sensing improved outcomes, the organization under-invested indirect procurement and network design. A case is not a case.

Procurement Analytics 353

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 353

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing 221

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

Supply Chain Shaman

NOVEMBER 15, 2021

Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. The focus of planning is volume not value, and leaders struggle to change and embrace bi-directional orchestration to capture the price/volume trade-offs between source, make, deliver and plan.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 303

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. To ensure the management of the complex system, the metrics of operating margin, inventory turns, ROIC, customer service, revenue, and forecast accuracy need to be managed together as a non-linear system.

Optimal Sourcing 308

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 308

Logistics Viewpoints

SEPTEMBER 9, 2021

This is why grocery retailers need to make sure they can maintain the high level of customer satisfaction they achieved during the pandemic, even after life goes back to normal. They need to continue delivering exceptional customer service and ensure their product offerings are accessible, convenient, and fully available at all times.

Supply Chain Planning Software 280

Supply Chain Planning Software Logistics Network Optimization Software Analytics Software Forecasting Software 280

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Go to the source. Set up a time for digital marketing teams, data scientists, sales account teams, and supply chain groups to brainstorm on using various data sources to improve the models. ” Anna, this blog post is for you. Test, refine, and then drive improvements.

Supply and Demand 402

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 402

Talking Logistics

MAY 14, 2019

Finished products have high ratios (average 50%) of sourced or procured product content. Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance. Traceability & Trade Compliance.

Supply Chain Planning Software 219

Supply Chain Planning Software Quality Supply Chain Software Supply Chain Network Software 219

Supply Chain Shaman

NOVEMBER 21, 2022

Companies having the teams from source, make, and deliver reporting to a common leader tend to be the most balanced, with the smallest gaps between operations and commercial teams. For each issue in the customer service analysis ask, “When did we know? As shown in Figure 1, the reporting relationships vary. Next Steps?

Supply Chain Planning Software 316

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 316

ivalua

JUNE 1, 2022

Although Amrest utilizes a sourcing process, the liquidity gap blocks past analyses and data. . Suppliers can support company growth as part of the Amrest procurement journey. Part of procurement, driven by finance–payment is a key part of the supply chain partnership. . Part of the Solution. How can Amrest start this journey?

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 130

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Customer Service. Time to Get Information Solving the problem is complex.

Supply Chain Network Software 286

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 286

ToolsGroup

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). Each planner owns the forecast and inventory globally and an end-to-end plan - and is responsible for achieving external customer service targets, as opposed to multiple independent organizations, often with more internally-focused targets.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. John Galt was selected because it provided robust capabilities.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 261

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing 195

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. I also believed that this company would have the best inventory and customer service. Today, 60% of sourcing organizations and 45% of manufacturing organizations report through the supply chain organization.” I was wrong.

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

Supply Chain Shaman

SEPTEMBER 3, 2018

A supply chain that produces products at the same cost, quality and customer service given the level of demand and supply volatility. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. Delivering products at the lowest possible cost. Responsive.

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 329

Logistics Viewpoints

DECEMBER 5, 2022

The data from Infor Nexus also helps the transportation teams do better carrier sourcing. These procurement professionals can look at how forwarders and carriers are performing by lane, and what the performance trends are for these partners. That increases the value of the analytics used by the procurement team. Keys to Success.

Agile and Lean Supply Chain 272

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 272

ToolsGroup

DECEMBER 17, 2020

When parts of the E2E supply chain get siloed, the bullwhip effect and the human overreactions in planning kick in and amplify the disconnect between upstream supply and downstream customer demand. Common disconnects like these ultimately translate to high supply chain costs and poor customer service. Who can provide them?

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Logistics Viewpoints

JANUARY 23, 2024

With its OMS, Blue Yonder is reimagining the end-to-end customer experience at all digital touchpoints. The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. Customers are able to make edits to an order later in the process.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 298

Supply Chain Shaman

JUNE 14, 2018

Yes, companies need the right materials at the right time to drive customer service. 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. 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 Shaman

JUNE 6, 2013

It combines decisions across sell, deliver, make and source processes to drive value based outcomes. They also are clear that the supply chain is defined outside-in based on the channel requirements and the underlying rhythms and cycles of fulfillment, manufacturing and procurement. Tactical Planning: This process is usually monthly.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Supply Chain Shaman

MARCH 12, 2019

These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. There are no solutions that connect source, make and deliver in many-to-many architectures. Figure 1 is a picture from a client.

Prescriptive Analytics Software 180

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 180

RFgen

NOVEMBER 27, 2024

Customers expect seamless experiences, and inefficiencies can quickly erode your bottom line. It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. That’s where data analytics comes in. Forget static network designs and gut-feel decisions. The result?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

JULY 18, 2022

Ferguson provides plumbing and heating products to 9 specialist customer groups – over a million customers – in the US and Canada. The company sources goods from 34,000 suppliers out of 30 nations. Lead times expanded even for domestic manufacturers because they sourced raw materials from overseas. Conclusion.

Supply Chain Design Software 300

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 300

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. The procurement process doesn’t start with raising a purchase order and sending it to a supplier.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 105

Logistics Viewpoints

FEBRUARY 3, 2023

The startup procured $400 million in a Series E financing round, led by One Madison Group and JS Capitol , that includes Walmart and existing investing partner SoftBank Vision Fund 1 in January 2022. The partnership will kick off by first sourcing Walmart’s California stores with Plenty’s leafy greens from its Compton farm.

Logistics Network Optimization Software 270

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 270