Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

ThroughPut

OCTOBER 18, 2024

SAP Integrated Business Planning (IBP) – Best for enterprise resource planning and global supply chain management SAP Integrated Business Planning (IBP) is a comprehensive solution helping with supply chain monitoring, sales and operations planning, demand management, inventory planning, and supply planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

NC State SCRC

AUGUST 16, 2016

We hear the words “innovation” as a source for growth in the economy over and over again. New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we are likely to see new forms of innovation occurring.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Innovation Sourcing 40

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

SYSPRO Smarter ERP

DECEMBER 11, 2023

Revenue management can be improved by automatically generating and dispatching invoices at recurring intervals on time. The organization can work from a single version of the truth with all data residing in a single source. With demand management, procurement can ensure the maintenance of sufficient inventory levels.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

JANUARY 2, 2023

With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views. Water buffalo butting heads symbolize the organizational issues of demand planning. Demand is a tough subject.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Source: [link] ). Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

SYSPRO Smarter ERP

JUNE 6, 2022

Companies should now focus on risk management when it comes to inventory. This involves: identifying what the critical components are; ensuring that these components can be sourced from multiple suppliers. The Theory of Constraints (TOC), a well-known process improvement methodology, can be applied to analyzing the supply chain.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

QAD

APRIL 10, 2024

You can proactively adjust inventories and labor management to cover the periods of uncertainty in your demand plan. The production and procurement plan begins with the forecast. As Steve Banker of ARC Advisory Group states: “ Demand management solutions that use machine learning perform better than solutions that don’t.

Optimal Sourcing 52

Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Inventory control can benefit from Artificial Intelligence (AI) because AI provides powerful insights for companies, highlighting interesting trends from large volumes of data that help procurement and warehouse teams to better manage the daily tasks of inventory management. Inventory management in the supply chain.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Enterra Insights

MARCH 11, 2021

.”[3] She adds, “Regardless of sector or size, supply chain management (SCM) is a vital part of every organization looking to maximize customer value and optimize profits. In essence, supply chain management integrates supply and demand management within and across companies.”[5]

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning 130

Supply Chain Game Changer

MARCH 9, 2021

Suppliers for all materials and services have to be found, vetted, negotiated with, qualified, ramped up, tracked, managed, kept competitive and governed. That is the purview of Procurement. Cash is king and cash flow management is the source of life, or the cause of death, of any company.

Supply Chain Planning Software 90

Supply Chain Planning Software Negotiating Skills Supply Chain Design Software Purchasing Skills 90

Supply Chain View from the Field

FEBRUARY 9, 2015

I recently spoke with an oil and gas executive, who shared with me his thoughts on post-award contract management. He noted that “Demand management and specification management are some of the biggest problems encountered in post-award contracting. Most operators aren’t set up to do this.

Negotiating Skills 60

Negotiating Skills Buyer Training Purchasing Training Sourcing Strategies 60

Supply Chain Shaman

NOVEMBER 21, 2018

Operations complexity coupled with the rise in demand volatility increases corporate risk. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Additionally t he move from regional to global supply chain management decreased visibility. Reference Figure 1.

Supply Chain Planning Software 202

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 202

Supply Chain Shaman

MARCH 8, 2016

Used as a one-to-many data model for sourcing and procurement by companies like IBM, Cisco Systems, Dell, Motorola, Seagate, and Vodafone , there is much promise; but in the last five years the Company, plagued by execution issues, encountered problems. Traditionally E2open sold to the procurement organization.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

NC State SCRC

NOVEMBER 23, 2021

Each node, however, is also a bottleneck, which creates a series of problems that hinder the flow of materials from source to consumer. This is similar to the concept of “demand management” in procurement, which involves reducing the total volume of usage for a product to reduce overall costs.

Resource Reduction 75

Resource Reduction Price Reduction Cost Reduction Strategies Material Savings 75

Supply Chain View from the Field

OCTOBER 3, 2013

The scope of the datasets his team was working on was limited to supply management, but the sheer volume of data was staggering in its complexity and fragmentation. In sourcing, data must be tracked over the entire life of a supplier. That is a whole process during the procure to pay process called reconciliation.

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

DynaSys

DECEMBER 8, 2021

Zone’s demand management team entered the volumes with different “ what if ” scenarios in several SpreadSheets “ what if we lost 30%, or 40% or even 50%… of the sales versus 2019 ”. These difficult events allowed us to extend our S&OP with the materials procurement department, which is now a strength.

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Material Savings 52

ThroughPut

JULY 24, 2024

Data Utilization While the demand forecasting software depends on historical sales data, statistical models, and market research data, a demand sensing software uses data sources that generate real-time data. This includes sources like Point-of-Sale (POS), weather patterns, social media trends, and other information.

Supply and Demand 52

Supply and Demand Forecasting Software Demand Planning Software Forecasting 52

Supply Chain Matters

APRIL 18, 2022

According to the announcement , Amoretty joined the company’s senior leadership team tasked to develop a production, operations and procurement vision for its supply chain to ensure multi-year growth, product line expansion plans and profitability. Additional Insights.

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Oracle SCM

OCTOBER 11, 2016

It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance.

SCM 60

SCM Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 60

ThroughPut

FEBRUARY 14, 2024

With supply chain decision intelligence, these companies can leverage demand and supply, shelf life, and other relevant data to predict the risk of wastage and identify the right procurement, production, and/or logistics actions to mitigate it. Let’s look at the example of a US-based agribusiness.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Supply Chain View from the Field

APRIL 19, 2013

Gerard talks about managing the tail – the stuff you have to do that is the normal procurement stuff that has to get done. This includes demand management – looking to the future, and how might we do this. Forecasting Strategic Sourcing Supplier Relationship Management Supply Chain Management'

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Cost Reduction Strategies 74

ThroughPut

JANUARY 21, 2021

The shock has shaken up age-old demand patterns and has amplified uncertainty and volatility across sectors. This is truly a stress test for Demand Management Processes. None of our existing demand systems were prepared for the unpredictable pandemic demand patterns and has thrown the economy right on its toes.

Supply and Demand 52

Supply and Demand Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Matters

JUNE 14, 2022

San Francisco -based Onera provides retail technology that connects inventory across siloed systems and transforms them into a single, real-time source of inventory status. Real-time inventory availability is reportedly provided by tracking inventory across the supply chain and intelligently exposing inventory to any fulfillment channel.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 52

ThroughPut

JANUARY 29, 2021

The shock has shaken up age-old demand patterns and has amplified uncertainty and volatility across sectors. This is truly a stress test for Demand Management Processes. None of our existing demand systems were prepared for the unpredictable pandemic demand patterns and has thrown the economy right on its toes.

Supply and Demand 52

Supply and Demand Agile and Lean Supply Chain Supply Chain Planning Software Demand Planning Software 52

Supply Chain View from the Field

JANUARY 30, 2013

The problem stems from the fact that Walmart (as well as other retailers like Target, JC Penney, Nordstrom’s and others) source products from tier one suppliers – and audit these suppliers, require them to comply to a code of conduct, and seek to drive enforcement to the tenets of a code of conduct as identified by the ILO.

Bangladesh 60

Bangladesh Capacity Manufacturing Procurement BRIC 60

o9 Solutions

FEBRUARY 27, 2023

Lack of end-to-end metal-specific solution “We have tried an AI-driven Demand Management solution, but it wasn’t flexible enough to capture our market. Knowledge graph-based solutions can connect, structure, and cleanse data from different sources. And with 70% of transformations failing (McKinsey, 2019), you can’t blame them.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Modeling Software Forecasting Software 52

Bristlecone

MARCH 31, 2020

With the disruption exposing vulnerabilities in even the world’s best supply chains, businesses are now rethinking global supply chain models, especially those that have a high dependence on a single source to fulfill their demand. Learn More: Supplier Risk Management. Take a close look at inventory management policies.

Modeling 52

Modeling Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Supply Chain Game Changer

NOVEMBER 8, 2018

The spreadsheet format I developed to track the status of each part was critical because it became the document of record and the single source of the truth. We implemented a new company wide Supply-Demand management process. SCM #SupplyChain #Logistics #Distribution #Procurement. They didn’t know how to start.

Price Reduction 50

Price Reduction Pricing Training Inventory Reduction Material Savings 50

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. In the digital transformation these traditional applications manage low-velocity transactional data. This is the world view of finance and why there is so much friction between procurement and finance.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

ThroughPut

MAY 11, 2021

There are several key elements of successful retail supply chain management. Demand management and forecasting for anticipating changes and meeting irregular demand. It’s not new information that retailers need to keep track of market demand to meet consumer expectations. Let us take a look.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

There are several key elements of successful retail supply chain management. Demand management and forecasting for anticipating changes and meeting irregular demand. It’s not new information that retailers need to keep track of market demand to meet consumer expectations. Let us take a look.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

There are several key elements of successful retail supply chain management. Demand management and forecasting for anticipating changes and meeting irregular demand . It’s not new information that retailers need to keep track of market demand to meet consumer expectations. Let us take a look.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52