Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 312

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 312

Talking Logistics

DECEMBER 11, 2014

We never expected or predicted that the clunky analog cell phones we carried on our belt clips back then would quickly evolve into Internet-connected smartphones with digital cameras built-in, which is today cannibalizing digital camera sales ! Big Data and Analytics for Oil and Gas Transportation. Robinson Acquires Freightquote.

Predictive Analytics Software 258

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

DELMIA Quintiq

MARCH 18, 2016

I purchased my first fitness tracker, set my goals, and the competition began. We exercised, we had fun, we supported each other. In supply chain planning, we are driven by metrics. And thus, Friends with Fitbits was born. We took the stairs instead of the elevator. We tracked our distance and talked about it on a daily basis.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 202

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand.

Modeling 283

Modeling Network Optimization Supply Chain Design Software Material Savings 283

Logistics Viewpoints

AUGUST 7, 2024

New Building Automation Systems Expand the Threat Surface Buildings require reliable 24-hour operation, and the move to new technologies such as industrial IoT, cloud computing, edge computing, and analytics is driving a shift to remote building management and monitoring.

Warehousing 249

Warehousing Supply Chain Network Software Supply Chain Software Analytics Software 249

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Logistics Viewpoints

JUNE 28, 2024

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The company is selling Coyote for $775 million less than the purchase price. The company disclosed the total of single-use plastic across global operations for the first time in 2022 after investors sought more details on plans to reduce waste.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 221

Logistics Viewpoints

MAY 26, 2022

The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers. The accelerated shift of buying behavior in both B2C and B2B markets also is playing a huge role in redefining our landscape.

Logistics Network Optimization Software 297

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 297

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

QAD

MARCH 5, 2020

The industry can sell pills, fad diets and short-cut exercise programs, but the bottom line is that most people who know will tell you the simple fact is you can’t outwork a bad diet. And all the way through for my hundreds or even thousands of vendors, and even if I have been doing business with vendors for years, I do the exercise.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Supply Chain View from the Field

AUGUST 22, 2013

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. Marketing and IT see this to some extent, but not like procurement.

Procurement Analytics 68

Procurement Analytics Negotiating Skills Procurement Purchasing Skills 68

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

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

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

Talking Logistics

MARCH 17, 2016

I purchased my first fitness tracker, set my goals, and the competition began. We exercised, we had fun, we supported each other. In supply chain planning, we are driven by metrics. And thus, Friends with Fitbits was born. We took the stairs instead of the elevator. We tracked our distance and talked about it on a daily basis.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Prescriptive Analytics Software 100

Supply Chain Game Changer

OCTOBER 11, 2022

More importantly, are you measuring the right metrics? Measuring wrong metrics might paint a great process in a bad light, leading to wrong conclusions. Communication of this kind will prevent any procurement delays. Metrics such as rework rates or defective products help you understand how well your operations are working.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

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. Today, Arena and Part Analytics have come together to share the story of one of our joint customers as a case study. This commitment was what led us to partner with Part Analytics.

Analytics Software 62

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 62

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Enterra Insights

JUNE 18, 2019

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Logistics Bureau

APRIL 4, 2022

Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. What Are Your Freight Benchmarking Options?

Benchmarking 78

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 78

Supply Chain Matters

NOVEMBER 6, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Resilinc

MARCH 26, 2024

In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Industry templates are enabling deployments of less than six weeks. This scalability protects our customers and their businesses against volatility.

Supply Chain Planning Software 126

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 126

Talking Logistics

SEPTEMBER 15, 2015

When you purchase a TMS, there are two ways to get this connectivity. While the former is likely to cost you more up front, the latter most certainly will cost you more down the road. Because integrating your own network of carriers into a newly purchased TMS isn’t simple.

Supply Chain Network Software 100

Supply Chain Network Software Network Optimization Supply Chain Planning Software Analytics Software 100

Supply Chain Management and Analytics

DECEMBER 9, 2020

However, Project Management Institute (PMI) reports that 14% of IT projects fail outright before completion, 31% fail to meet their goals after completion, 43% exceed their budgets, and 49% are late. . Simply put, the RFI/RFQ/RFP process does not fit with the realities of the SaaS business model.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 52

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Enterra Insights

JANUARY 25, 2024

This data ranges from your interests and purchases to your online behaviors, and it is collected by websites, apps, devices, services, and companies all around the globe. Journalist Danielle James reports that a survey conducted by Cisco confirms consumer concerns about data privacy. Remind people what data they shared and when.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

HICX Solutions

JANUARY 22, 2019

Automating purchase-to-pay processes. The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. Click here to read the detailed report in full. Artificial intelligence (AI) will take this to a new level. Driving innovation.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

USC Consulting Group

JULY 7, 2020

From rising unemployment rates to businesses large and small struggling to stay afloat and entire industries in virtual standstill due to social distancing measures and shutdown restrictions, most reported news was pretty bleak. As more states look to revitalize their economies, some much needed signs of encouragement have taken root.

Manufacturing Procurement 88

Manufacturing Procurement Supply Chain Design Software New York City Procurement Analytics 88

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

Logility

NOVEMBER 3, 2021

It is not just a more efficient way of purchasing computing power but, rather, a way of facilitating new, more efficient business models. It would also provide scalable resources for analyzing the data for both reporting and predictive purposes. ’ Cloud computing goes far beyond utility.

Company 130

Company Forecasting Software Predictive Analytics Software Manufacturing Procurement 130

Enterra Insights

MAY 17, 2021

Among other changes the COVID-19 pandemic wrought on the business landscape, was how consumers made their purchases and what they bought. The association published a new report highlighting the post-pandemic outlook in 2021. The association published a new report highlighting the post-pandemic outlook in 2021. ” 2.

Manufacturing Procurement 130

Manufacturing Procurement Price Reduction Supply and Demand Packaging 130

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

Talking Logistics

DECEMBER 8, 2017

My exercise plans for the weekend are set. As reported by the Wall Street Journal : United Parcel Service Inc. The company said on Wednesday “that soaring online purchases have caused delays in its distribution network,” according to Reuters. Rake today, shovel tomorrow. Just ask UPS and Walmart. Walmart is in the same boat.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Purchasing Training Supply Chain Software SAP 0

Enterra Insights

MAY 29, 2019

”[2] Those technologies include: Artificial intelligence (AI); advanced analytics; Internet of Things (IoT); robotic process automation (RPA); autonomous machines; digital twin technology; immersive technologies; and blockchain. Advanced analytics. They cut costs and eliminate keying errors. ” Internet of Things.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 100

Logility

SEPTEMBER 6, 2016

Aberdeen reported that 65% of S&OP time is spent gathering, collating, verifying, and manipulating data. Sales & Operations Planning should be more than just a basic demand – supply matching exercise; it should mitigate and plan for events in critical business areas such as finance.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning S&OP 100