Remove Eliminating Excel in Purchasing Remove Procurement Remove United States
article thumbnail

The Fallacy of the Self-driving Supply Chain

Supply Chain Shaman

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. As I returned to my hotel room, I thought about this dilemma.

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement: Purchase price variance and procurement cost. The Emergence of Logistics as Constraint. Over time, this changed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.

article thumbnail

Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Myers Industries (NYSE: MYE) is headquartered in Akron, Ohio in the United States. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

article thumbnail

Preparing to Run Supply Chains at the End of the Second Global Economy

Supply Chain Shaman

The tariffs under the act, excluding duty-free imports, were the second highest in United States history, exceeded by only the Tariff of 1828. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. No one knows. What to do?

article thumbnail

How a Venture Capital Fund Manages Procurement for Eleven Companies with One Software

Precoro

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. There was no tracking system in place on the procurement nor on the finance side.

article thumbnail

The Best Supply Chain Company You Have Never Heard Of

Logistics Viewpoints

Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. Procurement is critical to being able to stay in stock with the most important products. Customs and Border Protection’s (CBP) to strengthen international supply chains and improve United States border security.