Procurement Academy

OCTOBER 19, 2023

Advance Procurement Excellence with Expert Negotiation Strategies With procurement excellence comes multidimensional skills. By identifying cost-saving opportunities like bulk purchase discounts, they can significantly impact both an organization’s profitability and market competitiveness.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Supply Chain Shaman

MAY 13, 2024

Observations on What It Takes In the Mea Culpa post, I wrote that I used to believe that excellence in S&OP was a ratio of 60/30/10. (60% This research, completed in 2006, was during the transformation of multi-national to global supply chains. Do you use market drivers to understand market shifts? Each market had its own S&OP.

S&OP 352

S&OP Supply and Demand Inventory Reduction Expense Reduction 352

Supply Chain Shaman

APRIL 9, 2021

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Over the last decade, in the building of global supply chains, organizations grew more political with gaming on metrics. The last decade is a testimonial that functional excellence does not drive value. A stubbed toe hurts.

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

Talking Logistics

JANUARY 30, 2018

It only takes a simple example to remind you how e-commerce continues to evolve and the potential it has to disrupt traditional markets, supply chains and even governments. Let me tell you how international e-commerce is changing one buying pattern and why it will reshape global logistics operations and government import regulations.

Global 130

Global Sweden Eliminating Excel in Purchasing Logistics Network Optimization Software 130

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai

Optimal Sourcing 239

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 239

Supply Chain Shaman

NOVEMBER 6, 2016

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. I am trying to not sound like a broken record. Instead, it requires some rethinking of processes.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Logistics Viewpoints

DECEMBER 2, 2021

Global supply chains will be busy, congested and chaotic. There will be no slow down after the holidays and global supply chains will continue to be challenged. Online buying will fuel home delivery growth, challenges and new strategies. Here’s what to look for in 2022.

Predictive Analytics Software 316

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 316

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. The strategy day owner was a global process center of excellence leader. We will display the images of the different rivers at the Supply Chain I nsights Global Summit and Blaze 2022.)

Supply and Demand 259

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 259

ToolsGroup

FEBRUARY 7, 2022

From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop. Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. From my couch.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. However, you may wonder what kind of practices really work.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Logility

SEPTEMBER 12, 2023

Why don’t more kids want to grow up and solve the complexity of global supply chains? A good example is accelerated adoption of automation, whether we know it or not. However, most of the complex web of global supply chains are still planned through excel spreadsheets. This is the perfect time to explain the “why”.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

Logility

SEPTEMBER 19, 2023

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Excel-based tools lack these capabilities.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

Supply Chain Shaman

JULY 25, 2021

As supply chains moved from regional to global, intransit and cycle inventories increased. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Winners Over Time.

Procurement Analytics 370

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

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Enterra Insights

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Omnichannel Consumer. The Omnichannel Retailer.

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

ToolsGroup

JUNE 10, 2022

Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. Here’s a look at six customer experience examples to help you maximize long-term customer loyalty. 6 Examples of Excellent Customer Experiences.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Supply Chain Shaman

FEBRUARY 18, 2021

The Covid-19 pandemic tested the global supply chain. Initially, the output was published to procurement to design strategic buying strategies. Check out some of the work that Blume Global is doing in this area.). Procurement: Purchase price variance and procurement cost. It will not be over soon. Over time, this changed.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. Examples include Hadoop, Kafka, and Apache Spark. . 3) Outside-in Processes. It redefined the music industry: from selling CDs/records to online music.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The differentiator is whether Supply Chain Excellence is defined as a one-time project or as on ongoing process. Circuit City failed to adapt and is now history.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.

Gartner 198

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

Logistics Viewpoints

APRIL 24, 2023

The platform connects hundreds of organizations representing the Americas, EMEA, and APAC, with millions of suppliers globally. The visibility to spend allows them to provide excellent benchmarking in several areas. The supply chain design solution, for example, continues to grow in depth and usability.

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 206

Precoro

JULY 15, 2024

The CPO leads the company's acquisition programs and ensures that they are purchasing goods and contracting services on time and in a cost efficient way. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

The Logistics & Supply Chain Management Society

APRIL 19, 2023

The result of this cocktail is an unfortunate reduction in global agri-food production, export, and rapidly increasing agri-food commodity prices. Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. According to figures published last November by the World Semiconductor Trade Statistics (WSTS), the global semiconductor market growth rose from 6.8%

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

QAD

OCTOBER 26, 2023

It takes much less than a global pandemic — or natural disaster — or geopolitical turmoil, or port strikes – the list can go on – to throw a wrench in the works of global supply chain management. This same information can be used by your global trade compliance team to ensure that a sale can proceed.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 98

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. These women are inspiring examples of supply chain leadership and achievement.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). For example, let’s say a patient seeks treatment for lower back pain. We can observe American VBP programs as examples of how value-based purchasing can change the healthcare landscape.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. Think of the Lego as the ultimate example of a composable toy. Examples of Composability in Supply Chain Planning Platforms. Here are some real-life examples from the trenches to demonstrate what I mean by flexibility and modularity.

Supply Chain Planning Software 199

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 199

Supply Chain Shaman

FEBRUARY 14, 2022

Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Every time I published a report, he would call me and express his concern that I did not fully understand the issues of the global supply chain organization. For validation, listen to the ongoing Q1 and Q2 earnings calls. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Locus

AUGUST 13, 2024

A recent study predicts that the number of warehouses globally will rise from 151,000 in 2020 to 180,000 by 2025. For example, Walmart recently decided to convert sections of their stores into mini warehouses. The concept of “Four Walls Excellence” is key to this. What Are the Four Walls of Excellence in Retail?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Resource Reduction Cost Reduction Strategies Inventory Reduction 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Responsible for 8% of global greenhouse gases, the fashion industry is a major polluter, especially with the onslaught of “fast fashion”, where people will buy clothes for an Instagram photo and then never wear them again. Global Assets in a Constantly Shifting Supply Chain. & & Changing Landscape”.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

QAD

NOVEMBER 10, 2022

But all kidding aside, the world is changing on both a global and societal level. It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. Hopefully yet probably not.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Supply Chain Shaman

JUNE 23, 2020

I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. 06/2020 Kinaxis buys Rubikloud for 60M$. As the supply chains became more sophisticated with global operations, a need grew for more complex requirements. They did it. The issue?

Supply Chain Design Software 294

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 294

Supply Chain Shaman

MAY 18, 2019

In parallel, the movement to global processes and the elongation of the long tail of planning increased complexity making modeling more difficult. Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. The result?

S&OP 181

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 181

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. This article discusses what it takes to create a great retail experience for your customers, plus some unique examples from renowned brands. So, how exactly do you create an exceptional retail experience? What is a retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

An example of an advanced halal ecosystem is Modern Halal Valley in Banten, Indonesia. This is a 500 hectare dedicated halal industrial cluster, which is connected through a network with other halal clusters locally, regionally, and globally. He is the author of ‘Halal business management: a guide to achieving halal excellence’.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130