The Good Spending

APRIL 2, 2023

Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it. When discussing value generation , we mainly mention category management, stakeholder relationships, and supplier innovation. The lion's share of procurement value could be created in the planning stage.

Procurement 98

Procurement Demand Planning Budget Category management 98

SCMDOJO

APRIL 4, 2023

These analytics can also help identify known risks and predict future risks by spotting patterns and trends throughout the supply chain, increasing planning accuracy, and better predicting future demand. This can help them identify the best suppliers and negotiate better contracts.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

Supply Chain Game Changer

MAY 31, 2022

Any point of single sourcing, or sole sourcing , whether it be materials, parts, resources, systems, processes, suppliers, production or facilities is a single point of failure. These facilities must be able to produce the same products to the same quality standards. Onshoring and domestic production is not the answer.

Supply chain 123

Supply chain Real-time Visibility Supply Demand 123

Supply Chain Game Changer

JULY 28, 2020

To establish, manage and maintain a Supply Chain takes a lot of resource. Finding, qualifying, negotiating and tracking suppliers, materials and service providers is a full time job in any organization. This is the first challenge of a fully Parallel Supply Chain.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100