Supply Chain Collaborator

DECEMBER 14, 2017

Retail industry shippers have been faced with tough on-time mandates from their customers for some time now. Consider the Walmart-inspired Must Arrive by Dates (MABD) that have been adopted by numerous other non-Benton-based businesses. Following in this tradition, the Wall Street Journal recently reported that increasing numbers of grocers are now levying fines on suppliers whose shipments arrive late costing the grocery industry a reported $75 billion a year!

Real-time Visibility 60

Real-time Visibility Supply Chain Efficiency Supply chain Supply chain management 60

Market Dojo

DECEMBER 15, 2017

As a procurement team, you’re expected to deliver savings. Hence one of your key activities at the beginning of the financial year is to forecast how much you shall achieve. This is where things get both tricky and diverse! In our many years in the procurement industry, we’ve seen several approaches to this. Some procurement leaders devolve the task to the individual team members, a sensible move given they usually have knowledge of the intricate details.

Influencing 52

Influencing Raw materials Negotiation Contract 52

Market Dojo

DECEMBER 14, 2017

Eddie McGeachie offered to write a guest blog for Market Dojo. Eddie is the co-founder of Seaforth Analytical Services. They are data analytics specialists providing spend analysis on big data. Eddie’s background comes from years working at Lenovo, Xchanging, IBM and his experience with numerous blue chip companies. Big Data Analysis – Past, Present and Future.

Data 40

Data supply chain software solutions Supply Chain Analytics Price 40

Market Dojo

DECEMBER 14, 2017

When a salesperson starts to work within a company, it is generally accepted they would use a CRM system. Is it mandated? Perhaps not specifically but it is expected and it is needed for forecasting and tracking conversations. When a finance person starts with a company, do they have systems they have to use? Absolutely and again there is more of an expectation then it being mandated.

Procurement 40

Procurement Negotiation Data Demand 40

Advertiser: GEP

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

Supply chain

Market Dojo

DECEMBER 13, 2017

Market Dojo continues its search into transforming procurement teams in the CPO’s first 100 days. Dr Paul Joesbury has experience as a CPO at a number of organisations including Chesapeake Packaging. In this two-part series Paul explores what he believes are the most important areas that a new CPO needs to address. This is the second part of a series discussing how to be an effective CPO by Dr Paul Joesbury.

Supplier relationship management 40

Supplier relationship management Procurement team Procurement Strategy 40

Market Dojo

DECEMBER 13, 2017

In June, I attended the CIPS Gloucester branch event on Modern Slavery, which was presented by the hugely enlightening Andrew Wallis, OBE & CEO of Unseen. Unseen is a charity with the aim of working towards a world without slavery. It was shocking to learn how rife modern slavery is, even in the UK, with an estimated 21 million people worldwide the victims of forced labour.

supply chain software solutions 40

supply chain software solutions Supply chain Procurement team Risk 40

Market Dojo

DECEMBER 13, 2017

Market Dojo is currently in the process of developing a “Quick Quotes” tool that will enable users to run efficient RFxs at a highly reduced cost that has very little barriers to adoption for both buyers and suppliers. Currently, eSourcing adoption is generally limited to complex tenders and eAuctions with the majority of small tenders (<£20k) still being carried out through email.

Buyers 40

Buyers Negotiation Demand Suppliers 40

Market Dojo

DECEMBER 14, 2017

Market Dojo’s latest release brings the ability to share data seamlessly with other solutions via what is known as an API. The first integration has been achieved with Per Angusta on the back of two significant client wins, proving the appetite in the market for best-of-breed integrated solutions versus single-source suites. Per Angusta. We have been partners with Per Angusta for several years and share several customers.

Bidding 40

Bidding Data Sourcing Negotiation 40

Market Dojo

DECEMBER 14, 2017

Market Dojo recently conducted a study into the barriers of adopting reverse auctions. This research featured results from a range of different procurement professionals and covering a wide variety of topic areas. The infographic presents finding on the categories and aspects of categories that present barriers including: Working Knowledge. Category Suitability.

Negotiation 40

Negotiation Demand Suppliers Procurement 40