Remove Data Remove Eliminating Excel in Purchasing Remove Sourcing
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Patterns Tell the Story of Supply Chain Excellence

Supply Chain Shaman

Pattern recognition is the ability to discern patterns in data and use the insights for further analysis. The first step was to find a reliable data set and establish the peer groups. We purchase data from Y charts. (A A syndicated data feed used for financial analysts. Consider Lenovo in Figure 1.

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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

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Demand Planning Data Sources: ERP, CRM & PLM

QAD

Having a good Supply Chain Management (SCM) process is crucial for offering excellent customer service. And one of the keys for a good supply chain management (SCM) is gathering data from various areas of the business. You should then process this data using a well-organized and unified approach.

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. They do not excel in planning or forecasting.

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Thoughts. Selecting Supply Chain Software

Supply Chain Shaman

In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. Buying supply chain planning software is hard. How are people buying software? Let the Data Speak to You. Reflection.

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Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. This gap grew over the last decade.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Procurement is broadening to include extensive work with spend data. While strategizing , keeping feet on the ground is important, and that's when data comes in especially handy.