Supply Chain Shaman

DECEMBER 4, 2018

The company also taught them to understand the basics of negotiation and risk management. The total cost of ownership analyzes the total costs of the buying decision. Historically, the Rockwell Automation supply chain organization included materials planning and engineering of new products but did not include strategic sourcing.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. Initially, the output was published to procurement to design strategic buying strategies. Procurement: Purchase price variance and procurement cost. It will not be over soon.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

Supply Chain Shaman

MAY 1, 2014

There is an inverse relationship between margin and supply chain excellence. Zimmer’s strategic framework focuses on growth, operational excellence and prudent capital allocation. Leaders need to start a system to improve measurement and tie performance to buying incentives. I don’t think so. It matters more. My Challenge.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

Kinaxis

SEPTEMBER 16, 2014

During the Panel, I was asked to comment on the 5 leading factors that make a difference: A clear definition of supply chain excellence by leadership. Most of this middleware was Excel and Meetings. Having a highly outsourced supply chain and managing the risks requires an end-to-end strategy. Intentional design.

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared. – Technology Evolution Outpaced Adoption. No one knows. What to do?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

ivalua

APRIL 23, 2020

The overall theme is the “Journey to Procurement Excellence”, focusing on how Procurement can deliver value through supplier collaboration, supplier risk management and more advanced strategies and capabilities to deal with Procurement and supply chain management risks and challenges – while not forgetting cost and operational perspectives.

Supply Chain Planning Software 46

Supply Chain Planning Software Procurement Supply Chain Software Supply Chain Planning 46

Supply Chain Shaman

SEPTEMBER 28, 2012

We have let buy- and sell-side transactional relationships erode value. We will never redesign healthcare for better outcomes if we do not redesign the buy/sell relationship and improve the understanding of the service providers on why supply chain matters. I order 75% of my purchases online. ” The Role of the Store.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Shaman

SEPTEMBER 23, 2016

This is not the case with the purchase of direct materials. Direct material purchases are still controlled by Material Requirements Planning (MRP) and traditional buying processes. The focus is primarily about the reduction of purchase costs. Today, less than one-in-four purchase orders are processed hands free.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

The Logistics & Supply Chain Management Society

MAY 28, 2022

Traditionally, supply chains were focused on minimising supply chain costs and a continuous effort to get supply chains lean, through programmes such as lean six sigma, and far less emphasis on risk management. He is the author of the book ‘Halal Business Management: A guide to achieving halal excellence’.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Kinaxis

OCTOBER 20, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. I lost track of how many carrots we had and ended up buying more when we really didn’t need any. and it didn’t leak. What about next week?

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Opz

JULY 7, 2013

Do you feel supply chain risk management is too complicated to implement? There are so many sophisticated methods to analyze supply chain risks. The only solid case study about supply chain risk is definitely from Cisco System. The company won the ISM 2012 Award for Excellence in Supply Management (category:process).

Supply Chain Disruption 170

Supply Chain Disruption Supply Chain Strategy Manufacturing Procurement Supply Chain 170

Resilinc

DECEMBER 5, 2023

Shahzaib Khan discusses Resilinc’s journey toward AI-driven supply chain excellence From its early inception in the 60s’ to its increasingly available public access, artificial intelligence (AI) has come a long way. To achieve this, we utilized historical purchase order data from customers and Resilinc’s 12+ years of supply chain data.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

Talking Logistics

JUNE 5, 2017

An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. What is happening to BMW today is another case study in supply chain risk management. At 9:05am today, an earthquake of magnitude 7.0

Supply Chain Software 151

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 151

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 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Supply Chain Shaman

JUNE 2, 2020

The risk management concern of business leaders in January 2020 was climate action failure. Global Risk Management Report Study of Risks Published in January 2020. Global Risk Management Report Study of Risks Published in January 2020. Don’t buy just because you think technology is cool.

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 262

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

MARCH 21, 2022

The pandemic was not a “risk management event.” Traditional Risk Management Techniques Are Passe. When variability is the primary risk, the traditional definitions are thrown out of the window. Over 93% of companies use Excel Spreadsheets to develop their plans. Build a Unified Data Model.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Kinaxis

DECEMBER 3, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. Find ways to reduce lot sizes through setup reduction on manufactured parts or through different contracts around purchased parts.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. With operational excellence a given, IT and talent become greater value propositions for 3PLs. Companies will become more proactive and smarter about supply chain risk management.

Predictive Analytics Software 258

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 258

GlobalTranz

MARCH 4, 2015

Franklin Center for Supply Chain Management at the Martin J. Whitman School of Management at Syracuse University. We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 120

Supply Chain Shaman

JUNE 21, 2023

A Focus On Risk. Why Not the Balance of Risk and Opportunity? Today’s risk management solutions focus largely on supply sensing and early alerting. Some solutions now include proactive event management driving recommendations to correct/prevent disruption.

Gartner 361

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 361

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. Additionally, some ERP systems may not contain all of the functionality found within lower-level Transportation Management Systems (TMSs).

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 120

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

GlobalTranz

FEBRUARY 4, 2019

As omnichannel shopping becomes the standard for consumers, the use of freight data will excel. In other words, shippers can guarantee delivery to consumers, and the incidence of repeat purchases will increase. As explained by Max Heine of CCJ Digital , this will lead to lower freight spend, better risk management and much more.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Forecasting Software Analytics Software 120

Supply Chain Shaman

OCTOBER 29, 2020

While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. Let’s learn from the past to unlearn to rethink supply chain excellence. Inventory management is about much, much more than safety stock management. My takeaway?

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? 4) Supplier Risk Management.

Supply Chain Design Software 150

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

CH Robinson Transportfolio

APRIL 27, 2021

Now that we can view the incident in hindsight, I wanted to share three risk management lessons you can take away from this to create a healthier supply chain. . Perishables are on tight delivery schedules that ensure the product arrives at its destination fresh and ready for purchase.

Risk Management 49

Risk Management Supply Chain Risk Management Supply Chain Planning Software Supply Chain Strategy 49

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. Subscribe Here! Email Address.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

QAD

MARCH 14, 2024

Episode #46: The Crucial Role Of Risk Management In Future Supply Chains Natural disasters, cybersecurity threats, global trade issues, equipment failure; supply chain disruption comes in many forms for automotive suppliers and companies can’t afford to take the pedal off risk management activities.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 97

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, It makes supply chain risk management more proactive and helps customers mature their SCRM programs.

Predictive Analytics Software 91

Predictive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 91

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

Procurement Academy

OCTOBER 19, 2023

Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence. Distributive negotiations come into play with price negotiations of a one-time purchase, such as a single shipment of goods.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” Risk management. ” Machine learning and the supply chain. Pattern recognition. ” 5. . ” 9. .”[6]

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

ToolsGroup

MARCH 31, 2022

They’ve inspired their teams with their persistent drive to deliver excellence and helped our customers keep service levels high despite demand and supply irregularities. As a result, our customers see us not as a vendor, but as a true partner in the management and improvement of their supply chains.”

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Supply and Demand ToolsGroup 120