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

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. Procurement aims to ensure that the organization is getting the resources it needs to succeed at a cost that maximizes value and minimizes risk.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Others will have a purchasing or supplier management board at the senior management level.

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of New Zealand industry sources report that pet food suppliers sold? data, which also presented a challenge to some pet food?manufacturers,

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Resilinc

MARCH 22, 2023

Not only does it affect supply, procurement, and purchasing, but it also impacts sales, marketing, and human resources. It should be considered at the same level as innovation, sustainability, operational excellence, compliance, and strategic planning. Who Should Lead the Journey? Ready to Start?

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Purchasing Skills Network Design Software 62

Supply Chain Shaman

JUNE 2, 2020

The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new.

Supply Chain Design Software 263

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 263

Kinaxis

SEPTEMBER 27, 2017

A few of the presentations in London, such as a highly provocative key note by John Philips of PepsiCo are a repeat from this prior event. Lean supply chain (for customers who value the economic aspects of their purchases). The warmth to share, the ability to reach out, and collaborate are skills that humans excel at.

Gartner 117

Gartner Pharmaceutical Agile and Lean Supply Chain Supply Chain Execution 117

SCMDOJO

JULY 26, 2023

As the evidence against Roman grows, he takes hostages to buy time while he investigates. The strength of excellent communication in high-stakes situations is demonstrated by Roman’s strong negotiating style and his capacity to establish relationships with both the hostages and his rival, Sabian.

Negotiating Skills 94

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 94

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. The Descartes Global Logistics Network has 16,500+ customers on it, with more than 13 billion messages processed per year and more than 66 million routes/resources managed per year. Ports, Airports and Global Infrastructure Group, also presented at the Executive Forum.

Supply Chain Planning Software 116

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 116

Supply Chain Shaman

APRIL 7, 2016

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. How easy is it to buy from your company? Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The River of Demand. #3

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Even firms with smaller production volumes can struggle due to limited resources or inefficient processes. Can you perform raw material inventory management in Excel? The results can be visually presented in charts and tables.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. Landgraf, CEO at Above the Standard ( [link] ).

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Enterra Insights

JUNE 26, 2019

The Internet was still in its infancy (it had about 100K hosts connecting roughly a million people), the Macintosh Portable was released (weighing 16 pounds and costing $6500), and Microsoft Excel (a mainstay of S&OP) was just four years old. Dependency on Excel. That doesn’t mean buying the first shiny thing you see.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 100

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This can lead to delays, increased costs, and inefficient use of resources.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

AIMMS

JUNE 23, 2016

Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

AIMMS

JUNE 23, 2016

Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

Unleashed

AUGUST 11, 2020

Even pre-cooked, processed and vacuum-packed products are perishable items with a limited shelf life, presenting operational, planning and inventory management challenges. A business cannot operate without sufficient cash flow to fund purchasing, drive marketing and sales, invest in new equipment and cover operation costs.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Precoro

OCTOBER 6, 2022

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. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

ThroughPut

MARCH 25, 2024

Minimized excess inventory enables companies to operate more leanly and efficiently, freeing up resources for investment in other business areas. It allows businesses to respond swiftly to market changes, allocate resources more effectively, and make informed strategic decisions. How to Perform Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

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. 6 Examples of Excellent Customer Experiences. Image source: National Retail Association. Image source: Twitter. Image source: Ikea.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). And APIs present their own set of challenges, as I outline here.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

AFFLINK

DECEMBER 28, 2016

Most consultants are experts in a specific area of purchasing processes, and it is crucial that you communicate to your team how to best utilize your outside hires. If they appear to be a good match for your company and have successfully saved you in resources and headaches, consider expanding their responsibilities to other departments.

Optimal Sourcing 67

Optimal Sourcing Procurement Solutions Sourcing Strategies Procurement 67

Taulia

JULY 5, 2021

We’ll conclude by evaluating the advantages of VMI for buyers and suppliers and present Taulia’s enhanced VMI offering. As buyers source components from several suppliers, they often implement a VMI program at a third-party warehouse near the production or assembly location. What is Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

Kinaxis

JULY 19, 2016

They expect to be able to make purchases and receive service in that same lightening quick timeframe. All three presented great keynotes at this year’s Gartner Supply Chain Executive Conference, and all three said the same thing. That’s what it can be like for some using legacy enterprise resource planning (ERP) systems.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Network Software 100

HICX Solutions

SEPTEMBER 23, 2020

Direct costs on the other hand, are those that are already being incurred – they just don’t appear as a line item associated with ‘bad data’ specifically – hence ‘hidden,’ but certainly present. In terms of internal hidden costs, Excel is one environment in which hidden factories can quickly become established.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Total Cost: The overall cost of the purchase order, calculated based on quantities and unit prices.

Procurement Analytics 17

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 17

Logistics Bureau

APRIL 11, 2019

Source: Deloitte Report – The Future of Work. However, some of them are better than others for gaining the essential all-around supply chain knowledge that will not only help you identify where you would like to specialize going forward, but will also boost your value to your employer and present opportunities for advancement.

Supply Chain Planning 56

Supply Chain Planning Security Logistics Network Optimization Software Purchasing Skills 56

Procurement Academy

MARCH 12, 2024

In brief, strategic cost management is implementing effective cost optimization strategies that lead to improved profitability, operational efficiency, and resource allocation. Considering TCO goes beyond simply evaluating the initial purchase price. What is strategic cost management? It’s an approach that many businesses need.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Supply Chain Game Changer

NOVEMBER 17, 2018

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. This was my first foray into the world of supply.

Gartner 74

Gartner Manufacturing Procurement Optimal Sourcing Supply Chain Software 74

HICX Solutions

SEPTEMBER 23, 2020

Direct costs on the other hand, are those that are already being incurred – they just don’t appear as a line item associated with ‘bad data’ specifically – hence ‘hidden,’ but certainly present. In terms of internal hidden costs, Excel is one environment in which hidden factories can quickly become established.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Supply Chain View from the Field

NOVEMBER 25, 2013

My MBA 541 students presented results from their projects this semester. They focused on beginning with category spend, and driving down to specific actions in terms of KPI’s, prioritization of resources, and optimization of the relationship through collaborative approaches. Well done, Class of 2015 MBA Supply Chain students!

Procurement Analytics 60

Procurement Analytics Predictive Analytics Modeling Purchasing Skills 60

SCMDOJO

AUGUST 4, 2023

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. Also, the Risk of fluctuations is present as whatever happens to such stocks can no longer be sold at its original purchase value.

Inventory Reduction 93

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 93

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. At its core, an online procurement system centralizes purchasing activities. At its core, an online procurement system centralizes purchasing activities.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Precoro

DECEMBER 5, 2022

Are you planning to implement enterprise resource planning software but have some concerns about budget overruns, project delays, and disruption of business processes? Your team should have an excellent understanding of the goals you plan to achieve by implementing ERP software. Define Key Requirements and KPIs.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Procurement Solutions Optimization Software 52

Infosys Supply Chain Management

APRIL 30, 2012

Publishing Resources Industries. Human Resources. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We are familiar with the concept of buying online books, electronic goods, gift articles, apparels. Hospitality and Leisure. Industrial Manufacturing.

Manufacturing Procurement 25

Manufacturing Procurement Eliminating Excel in Purchasing Retail Procurement Solutions 25

Supply Chain View from the Field

APRIL 1, 2015

What are the budgetary and economic resource constraints, and how will these be allocated to functional groups and business units? Step 2 – Develop Metrics and Data Sources. Each metric must be defined carefully, and the source of data (whether from the MRP system, the accounting system, etc.) What must we excel at?

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60