HICX Solutions

MARCH 17, 2020

The continued growth in the adoption of procurement-to-pay (P2P) or source-to-settle (S2S) suites in the last few years is testament to the significant value they deliver to procurement teams in businesses of all sizes. And this is where the problems begin.

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

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. This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). Let’s start by addressing the barriers. Barrier #1. Inside-out Thinking.

Supply and Demand 150

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

Logistics Bureau

JANUARY 7, 2020

Developed a process of excellence in supply chain collaboration. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Procurement costs. Mini Case Study: Whirlpool.

Inventory Reduction 109

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 109

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. | Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 84

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 84

Logistics Bureau

NOVEMBER 3, 2024

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 59

HICX Solutions

SEPTEMBER 23, 2020

In our survey, 66% of procurement leaders agreed that data projects have stalled due to their relatively low priority when compared to other business initiatives. In terms of internal hidden costs, Excel is one environment in which hidden factories can quickly become established. and 3 hours per day respectively.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Infosys Supply Chain Management

NOVEMBER 16, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools.

Eliminating Excel in Purchasing 24

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 24

6 River Systems

JUNE 29, 2020

’ “For example, supply chain leaders and their teams can conduct a scenario planning exercise and develop action plans. If you haven’t developed any KPIs or monitoring processes, start thinking through what measures define success or failure, and how Procurement can go about confirming a supplier stays on track.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 60

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 60

Logistics Bureau

OCTOBER 19, 2020

For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Sometimes the solution to a performance problem can be right under your nose. 3 Good Reasons to Start With Internal Benchmarking.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

EcoVadis

OCTOBER 16, 2017

This was an excellent opportunity to be able to bring together regional buyers and suppliers, share our expertise in CSR and discuss how we can improve and above all work together to promote sustainability in the supply chain”, explained Richard Bourne, Director of Supplier Engagement department at EcoVadis.

Sourcing Strategies 40

Sourcing Strategies Optimal Sourcing Supply Chain Network Software Material Savings 40

HICX Solutions

SEPTEMBER 23, 2020

In our survey, 66% of procurement leaders agreed that data projects have stalled due to their relatively low priority when compared to other business initiatives. In terms of internal hidden costs, Excel is one environment in which hidden factories can quickly become established. and 3 hours per day respectively.

Cost Reduction Strategies 40

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 40

Supply Chain Matters

DECEMBER 21, 2022

Factors were partially offset by increased purchased transportation rates, lower package volume, and higher other operating expenses. At the same time, we continue to focus on delivering excellent service for our customers.”.

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.

Supply Chain Planning Software 95

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 95

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. For instance, if Product-Location has procurement type In-House Production ("E") and if it is missing a corresponding PPDS PPM, then we flagged it as an error code. Business Process Outsourcing. Customer Service.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 29

ThroughPut

JUNE 24, 2022

This has severely affected the smooth supply chain functioning across the globe due to the “panic buying” ripple effect. That exercise should inform your next steps. Supply chain companies excel at managing the flow of goods and services, and legacy platforms were designed to handle the data associated with these processes.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Infosys Supply Chain Management

JULY 3, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. You do regular exercise to ensure frequency of your breakdown can be reduced or you take your kid for scheduled vaccinations - Preventive Maintenance. Supply Excellence. Procurement Blog. Customer Service.

Asset Management 30

Asset Management Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 30

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Material Savings Supply Chain Design Software 40

Arena Solutions

OCTOBER 10, 2024

Jesil Pujara Part Analytics is a supply management platform for direct materials, product design, sourcing, and procurement. So it’s essentially cutting down their RFQ cycle in half and improve the negotiation process as well as the speed, and numerous realized savings with some additional opportunities identified through this exercise.

Analytics Software 62

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 62

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 93

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 93

HICX Solutions

APRIL 16, 2021

Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. A solution is to buy a workflow tool to overlay on top of the MDM platform, but again cost implications must be taken into account. This results in bad data, wasted time and increased cost.

Analytics Software 95

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 95

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

Cost Reduction Strategies 96

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 96

HICX Solutions

APRIL 16, 2021

Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. A solution is to buy a workflow tool to overlay on top of the MDM platform, but again cost implications must be taken into account. This results in bad data, wasted time and increased cost.

Analytics Software 52

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 52

Arena Solutions

JUNE 13, 2024

Each of those roles has really given me an opportunity to lead different critical supply chain projects, and I’d say that my area of expertise is really around the new product introduction procurement. As it relates to Datum, we build procurement software. Their supplier list is on an Excel spreadsheet that’s in their OneDrive.

Supply Chain Design Software 52

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

Arena Solutions

JUNE 13, 2024

Each of those roles has really given me an opportunity to lead different critical supply chain projects, and I’d say that my area of expertise is really around the new product introduction procurement. As it relates to Datum, we build procurement software. Their supplier list is on an Excel spreadsheet that’s in their OneDrive.

Supply Chain Design Software 52

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