Procurement Insights

MAY 26, 2024

Thai Union exercised an outsized influence on the Company’s shrimp purchasing,” Red Lobster alleged in its bankruptcy filing. These changes culminated in a $20 endless shrimp promotion in 2023 that would come back to haunt Red Lobster.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

Let's Talk Supply Chain

DECEMBER 9, 2024

With extensive experience spanning Sales & Operations Planning, Procurement, Manufacturing, Logistics, Operations Finance, and ERP implementation, Mandar brings a comprehensive perspective to supply chain innovation. I learned, as a forecast analyst, as soon as I publish a forecast, Im lying!

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. If you are not the big "influencer" to the supplier, recognize that and find other incentives for the supplier. Supply chain cost is always flat around the optimal strategy.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

SCMDOJO

DECEMBER 17, 2024

However, it also covers core topics, including essential topics such as supply chain basics , demand planning and forecasting , inventory management , procurement , sourcing , logistics, transportation , etc. Beyond her professional endeavors, Fatima is a recognized social media influencer.

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Supply chain 52

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 98

Skill Dynamics

OCTOBER 18, 2023

Additionally, if your employees are highly proficient, they can help to create an atmosphere that fosters innovation and can even influence your business’ stock market performance. For example, one of the primary objectives of procurement is cost savings. Here’s why you need to prioritize skill proficiency to drive business results.

Innovation 52

Innovation supply chain budgeting Supply chain Supply 52

Supply Chain Game Changer

OCTOBER 12, 2021

I have committed myself, both in my personal life, and through my influence as a supply chain professional to making a positive impact across all environmental management areas to reduce carbon emissions, increase sustainability, and protect natural resources. Demand planning in this environment is practically impossible.

Leadership 105

Leadership Supply Chain Efficiency Supply chain Distribution channels 105

The Good Spending

AUGUST 16, 2022

Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. Shadow procurement, supply chain, and logistics have become standard for many companies.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization supply chain budgeting 52

SCMDOJO

JANUARY 26, 2024

Leadership involves more than just managing people; it encompasses influencing, resolving conflicts, and effectively handling crises and sharpening these skills positions you as an effective and adaptable leader in supply chain management. Focus on Leadership Skills Leadership is crucial for advancing in your supply chain career.

Supply Chain Optimization 92

Supply Chain Optimization Supply chain Leadership Supply chain management 92

Empowering CPO

JUNE 27, 2023

Introduction In the complex world of procurement, where every penny counts, gaining a deep understanding of your organization’s spending habits is crucial to unlocking value and maximizing savings. Why is spend analysis so important in procurement? Imagine trying to navigate a labyrinth without a map or compass.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

Finale Inventory

SEPTEMBER 19, 2024

Demand: The quantity of a product or service that customers are willing to purchase at a given price and time. Forecast: An estimate of future demand based on historical data and other relevant factors. Seasonality: Regular and predictable fluctuations in demand that occur due to factors like weather, holidays, or annual events.

Demand 52

Demand Supply Chain Optimization Inventory Agile and Lean Supply Chain 52

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. Data-driven Decision Making In today’s data-driven world, the role of data in procurement has become increasingly significant.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. Thus, why it is critical to the success of an organization.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192