Supply Chain Game Changer

AUGUST 30, 2022

The Single Point of Failure in Supply Chain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices.

Cost of ownership 103

Cost of ownership Supply Chain Optimization Procurement Price 103

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Research other options to source the best value products and services.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Supply Chain Game Changer

SEPTEMBER 25, 2019

They’re leaving behind more transactional models and becoming more strategic, implementing total cost of ownership Strategic Sourcing models, either centre-led or decentralized. They’re upgrading their Procurement technology, process, and talent, implementing more sophisticated Supplier Relationship Management systems.

Procurement strategies 51

Procurement strategies Strategy Procurement Cost of ownership 51

Supply Chain Game Changer

JANUARY 14, 2020

I’ve made a career rethinking supply chain strategy, sales and operations planning, and talent management helping executives and their teams reimagine their approach to supply chain management by: 1) leveraging new ways of thinking about supply chain and sustainability in the world we share.

Leadership 66

Leadership Agile and Lean Supply Chain Supply Chain Optimization Supply chain 66

Supply Chain Game Changer

NOVEMBER 13, 2018

As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? The fundamental objective of any organisation is lowering the cost of goods manufactured. Deliver significant earnings to bottom line.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Supply Chain Game Changer

MARCH 6, 2019

Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Responsible Sourcing. Sourcing has become an increasing business critical element of an overall procurement strategy. Total Value Ownership (TVO).

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? Total Cost of Ownership, ERP appears to be cheaper, but is it? They both do the same thing, or do they?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Supply Chain Game Changer

MARCH 24, 2020

A natural starting point is the level of single, or sole sourcing, that is put in place. A sole source is a supplier selected because they are uniquely able to provide the materials or components, whether by virtue of intellectual property or other means of going to market with exclusivity. Taking Total Cost of Ownership Seriously.

Agile and Lean Supply Chain 82

Agile and Lean Supply Chain Supply chain Supply Cost of ownership 82

IBM Supply Chain Blog

JUNE 30, 2023

Typically, EAM solutions cover work orders, contract and labor management, asset maintenance, planning and scheduling, condition monitoring, reliability analysis, asset performance optimization, supply chain management, and environmental, health and safety (EHS) applications.

Management 65

Management supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 65

Supply Chain Game Changer

NOVEMBER 12, 2018

Modifications were once easy to implement and manage, but over time, many vendors have shifted to closed source applications, restricting the usage, distribution, and modification of the software. When Selecting Supply Chain Technology, Exercise Caution, and Choose the Right Partner.

supply chain software solutions 59

supply chain software solutions Supply Chain Efficiency Supply chain Cost of ownership 59

Supply Chain Game Changer

NOVEMBER 23, 2018

I use the term Commodity Management to represent the strategic procurement of materials regardless of what specific industry or company vernacular you may use. This also includes strategies regarding the movement of materials, inventory, cash cycle management, and understanding and setting trends and direction. Diversity in sourcing.

Category management 61

Category management Strategy Raw materials Management 61

Supply Chain Game Changer

SEPTEMBER 29, 2020

Negotiations and sourcing decisions were made which focused on just in time delivery, supplier/vendor managed inventory and greater flexibility conditions surrounding the delivery of goods and increases/decreases in supply. This process included a focus on total cost of ownership, not just piece price levels.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Supply Chain Game Changer

NOVEMBER 19, 2018

Some parts were manufactured internally and most others were sourced around the world. It was a killer for us to meet the cost reduction target which had little effect on their total bill-of-material. It became clear we needed to control a larger share of their product costs, whether we made it or not. Today, it’s more complex.

Leadership 42

Leadership supply chain software solutions Bill of materials Real-time Visibility 42

Supply Chain Game Changer

MARCH 20, 2019

What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 79