Supply Chain Shaman

DECEMBER 15, 2022

” 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.

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

Supply Chain Game Changer

SEPTEMBER 7, 2022

It’s excellent protection against rain on what could’ve been a perfect day, too. You can attain an industrial tent by either buying or renting it. If you have an event coming up or need extra room for personal effects, continue reading to find out whether you should buy a tent or rent one. When To Buy. When To Rent.

Eliminating Excel in Purchasing 91

Eliminating Excel in Purchasing Purchasing Training Industrial Industry 91

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 61

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 61

QAD

MARCH 27, 2024

Having a good Supply Chain Management (SCM) process is crucial for offering excellent customer service. Therefore, a crucial step to take into consideration is where you store the information. You also might have different departments using different tools to house their information. Here is a quick overview of them.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Software Demand Planning 52

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. Time to Get Information Solving the problem is complex.

Supply Chain Network Software 275

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 275

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Low-Quality Documentation.

Procurement Solutions 80

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 80

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

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

Locus

AUGUST 5, 2024

This was where we looked at the unique capabilities of AI and ML and how we could embellish our solutions with these technologies to enable that unique competitive edge across each stage of the order (purchase, fulfillment, and returns). Over time, we were able to create just these kind solutions across major operations of the value chain.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Modeling Supply Chain Software Agile and Lean Supply Chain 52

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. Mailing Address.

Negotiate Pricing 132

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 132

Synovos

AUGUST 21, 2023

RS Integrated Supply is committed to making safety the number one priority in everything we do,” said Brandon Coombs, Senior Vice President, Operational Excellence. For more information, please visit [link]. Contact us for more information. Interested in our services?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Optimal Sourcing 52

Supply Chain Game Changer

MARCH 18, 2021

Excellence, or superiority, is often the goal in corporate organizations. Each and every function, within its own right, strives for excellence and achievement in order for a company to collectively grow, evolve, and thrive. Achieving excellence seldom comes easy. A fatal misconception.

Eliminating Excel in Purchasing 61

Eliminating Excel in Purchasing Optimal Sourcing Procurement Solutions Procurement 61

Supply Chain Shaman

NOVEMBER 21, 2022

So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. Confirmation bias. Supply Chain Reporting Structures.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 301

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality.

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

Talking Logistics

AUGUST 31, 2017

The process generally involves placing a purchase order with a supplier that says ‘Please deliver to us a cooling system to the attached specification’,” explained Ms. Therefore, the ability to gather and share timely and accurate information between the various stakeholders in the overall order-to-delivery process is critically important.

Case Study 101

Case Study Eliminating Excel in Purchasing Study Supply Chain Design Software 101

Jaggaer

MARCH 30, 2020

Sourcing with Big Data. Walter Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using. The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”. Thesystemsthinkingreview.co.uk.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. The Path to Supply Chain Excellence.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Supply chain visibility is paramount in today’s interconnected and globalized world, enabling companies to make informed decisions, optimize operations, and enhance customer satisfaction. Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

QAD

NOVEMBER 10, 2022

And while yes, machines and mechanical inventions have been steady and life-changing, one of the greatest impacts that technology has had is on how we analyze, process and use information. It has most definitely impacted how people buy products of all types and in all industries. Consumer Behavior is Changing on Multiple Fronts.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Supply Chain Shaman

JUNE 3, 2024

“Increasing digitalization means that global supply chains now have unprecedented connectivity, monitoring capabilities, and information-sharing potential. similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. ” Does the Dog Hunt?

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

ivalua

OCTOBER 13, 2022

Having just listened to a very informative and comprehensive webinar by Dr Natacha Tréhan and Arnaud Malardé [ Moving Towards a Net Zero Supply Chain Webinar | Ivalua ] what struck me were the following key takeaways: 1. There are 15 defined Scope 3 categories : Purchased goods and services. Capital goods. Business travel. Franchises.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Pricing Training 130

USC Consulting Group

OCTOBER 26, 2020

So, when you’re instituting new efficiencies to improve the processes and procedures that they use on the job every day, one vital key to success is getting their buy-in from the get-go. Here’s why: A single source of truth. Initial buy-in is only the beginning of the importance of your employees to this process.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Sourcing Strategies Manufacturing Procurement Optimal Sourcing 52

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. Introduction to Strategic Sourcing. . Macfarlane, 2017).

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Game Changer

OCTOBER 12, 2022

Other than the purchasing power, Covid has also shifted our buying behaviors, turning upside down what used to be typical when purchasing goods. Besides being excellent venues for chit-chats, social media networks will be the primary places to do shopping. Locally-sourced products will become viral.

Eliminating Excel in Purchasing 117

Eliminating Excel in Purchasing Resource Reduction Sourcing Strategies Cost Reduction Strategies 117

ivalua

OCTOBER 13, 2022

Gaining access to valuable supply chain information can prove a vital source of competitive advantage and help procurement teams contribute to achieving a range of business objectives, in particular improving ESG and increasing supply resiliency”, he added. About the research. Find out more at procurementleaders.com.

Procurement Analytics 130

Procurement Analytics Procurement Solutions Supply Chain Planning Software Optimal Sourcing 130

Kinaxis

AUGUST 24, 2015

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. So what’s wrong with Excel? For example, with Excel you can’t easily: Integrate information from many sources. The post Excel, ERP and Legacy Apps, Oh My!

S&OP 100

S&OP Supply Chain Planning Software Supply Chain Design Software Forecasting Software 100

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. These exchanges should be created using similar concepts as the Health Information Exchanges.

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

Logistics Viewpoints

APRIL 14, 2022

Furthermore, it should leverage advanced AI and analytics combined with a configurable platform to ensure tight communication, information sharing and continuously improved collaboration with multiple tiers of suppliers, logistics providers and partners. Alex Zhong is Director of Product Marketing at GEP.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 237

Jaggaer

MARCH 18, 2020

Sourcing with Big Data. Walt Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using. The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing. You can gather as many bids as you want.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

SupplyShift

NOVEMBER 29, 2021

In this blog we outline some ideas on how organizations can utilize supplier sustainability information beyond annual reports to the advantage of their business. The fashion industry is an excellent example of this. Use supplier data in your procurement processes to help normalize responsible sourcing.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SupplyShift

NOVEMBER 29, 2021

In this blog we outline some ideas on how organizations can utilize supplier sustainability information beyond annual reports to the advantage of their business. The fashion industry is an excellent example of this. Three Actionable Ways to Leverage Supplier Sustainability Information. The Sustainability Reporting Problem.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SCMDOJO

AUGUST 10, 2024

Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

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 89

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 89