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Supply Base Optimization: 6 Steps to Ensure Success

Procurify

Supply base optimization is a strategy used to reduce the number of suppliers you work with, especially those who are inactive or limited-use suppliers. This way, organizations can spend more time with fewer suppliers. . 6 steps for successful supply base optimization. Current inventory. Supply performance ratings .

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Why E-invoicing is in Focus Today & How will it Benefit your Business?

Zycus Cognitive Procurement

Although e-Invoicing is not a new technology, its relevance has grown multi-fold in recent times. Having mandated it many years ago (as early as 2014), the American and European markets were the early adopters and have a higher adoption rate by now. Streamlined & efficient processes that reduce the turnaround time .

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

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Seasoned Leadership in Action™ – An Interview with Will Chu, CEO at Vector!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. After growing it from an idea on a napkin to more than 300 employees, we decided it was time to take on a new challenge. Subscribe Here!

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What are the top challenges for today’s logistics providers?

The Network Effect

Today’s logistics customers demand flexibility and visibility. Even more challenging, customers are also increasingly demanding full transparency to their orders and inventory through the entire life-cycle of raw-material to finish-goods to sale to sometimes reverse-logistics.

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A Short Guide to Behavioural Coaching in Support of World Class S&OP

Supply Chain Trend

Effective S&OP requires commitment, trust, empowerment, role modeling, constructive engagement, and a collaborative spirit (Tuomikangas & Kaipia, 2014). A coach could help with time management or help to deal with the pressure. This coaching process is time consuming and significantly different than consulting.

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A Short Guide to Improve Behaviours in Support of World Class S&OP

Supply Chain Trend

Effective S&OP requires commitment, trust, empowerment, role modeling, constructive engagement, and a collaborative spirit (Tuomikangas & Kaipia, 2014). A coach could help with time management or help to deal with the pressure. This coaching process is time consuming and significantly different than consulting.