Spend Matters

DECEMBER 20, 2022

However, as procurement becomes ever more important in the running of a company, the people involved need to think about putting in place proactive processes and tools to deal with the complexities of the world as it is and as it is changing. million since 2016 due in part to the continued fallout of the Covid-19 pandemic.

Supply chain 98

Supply chain Supply chain management Supply chain management Procurement strategies 98

SCMDOJO

JULY 29, 2022

Like safety stock calculations , EOQ is one of the most important equations in supply chain planning. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Lysons, 312.

Quantity 131

Quantity Supply chain management Supply chain management Supply Chain Efficiency 131

Procurement Insights

APRIL 6, 2025

2014 | 6 2015 | 7 2016 | 8 2017 | 9 2018 | 10 2019 | 11 (Pre-pandemic peak) 2020 | 3 (Pandemic dip, virtual shift) 2021 | 6 (Hybrid recovery begins) 2022 | 9 (2,200+ at P&S LIVE noted) 2023 | 12 2024 | 15 2025 | 18 (Projected, AI/ESG surge) Graph Description (Text-Based): 20052010: Gradual rise from 2,000 to 4,000, slow post-2008.

Procurement 52

Procurement Supply Chain Optimization Supply chain Supply Chain Visibility 52

Procurement Heads

SEPTEMBER 21, 2022

I began pulling material for a manufacturing plant in 2016 and instantly fell in love with material flow. It is so important that we, as leaders, listen when an idea is brought up. Tell us about your procurement journey to date and what made you choose the industry as a profession.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Procurement Purchasing 130

Procurement Heads

DECEMBER 14, 2022

For Procurement Heads ‘ latest CPO Spotlight, Jessica spoke with Rupert Gaster about her career and why Essity places such importance on sustainability. The products and services that we provide at Essity play an important role in improving the wellbeing and quality of life for people at various stages of life.

Sustainability 130

Sustainability Innovation Supply Chain Efficiency Import 130

Supply Chain Trend

FEBRUARY 12, 2016

am here in Melbourne and I read that River Logic just put me in their top 10 must read Supply Chain blogs for 2016. Some of them call out in every second slide how important behaviours are. Commitment and grit are important attributes of Mental Toughness and applicable to almost about everything in life.

Supply chain 87

Supply chain Inventory Import Supply 87

Supply Chain Game Changer

FEBRUARY 14, 2022

Since its release in 2016, not everyone has dared to use the framework to work on their projects. Since its release in 2016, Vue.js This is perhaps the most important advantage. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Over a long period of transformation and development, Vue.js Pros of Vue.js.

supply chain software solutions 87

supply chain software solutions Supply Chain Efficiency Supply chain Influencing 87

ivalua

JANUARY 22, 2019

at the end of 2016 and much further since, far ahead of competitor growth. The above examples illustrate an important point about talent, and the symbiotic relationship with technology. Out of the box best practices are important, but that shouldn’t mean constraining yourself from doing a few strategic things differently.

Procurement 113

Procurement Agile and Lean Supply Chain Innovation supply chain software solutions 113

The Thomas Blog

JULY 6, 2022

In 2016, 74% of our new customer sales were generated by the Thomasnet.com program.". Thomasnet.com has been and continues to be extremely important to the marketing of our company. Your buyers needs are changing and it's important to update your online tactics to meet those needs too. Standard Wire & Cable Co.

Networking 98

Networking Buyers Budget Suppliers 98

Jaggaer

MARCH 2, 2020

Incidents involving tier 1 suppliers fell below 50% for the first time since 2016 (48.9%). It’s important to take a risk-based approach, assessing riskier key suppliers as a priority. Understanding the deeper supplier ecosystem and the value and risk presented by each supplier has always been important but never more so than now.

Risk 103

Risk Suppliers Management Supply Chain Optimization 103

Procurement Insights

NOVEMBER 28, 2023

In Gartner’s latest article , they hit on all the right points, providing great insights into the importance of collaborative leadership and how it makes all the difference in the world during these uncertain and volatile times. Covering topics like growth, technology, and talent makes it a must-read.

Leadership 75

Leadership Collaboration Data Procurement 75

Supply Chain Collaborator

JANUARY 25, 2016

These 9 headlines culled from Transport Topics over the first three weeks of 2016, coupled with the emerging economic slowdown should give pause to all shippers. Analysis: Weak holiday season sales and a stronger dollar have left retailers with excess inventories and the resulting depressive effect on imports from abroad.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Inventory 60

ivalua

MARCH 15, 2016

This week I attended the Logimed 2016 conference in New Orleans. It is important for everyone to make a profit and if you make it impossible to do so, suppliers will find other customers—your competition. If it is important, measure it. The first one I attended was a topic on supply base management.

Real-time Visibility 100

Real-time Visibility Supply Chain Efficiency Suppliers Collaboration 100

Let's Talk Supply Chain

JUNE 25, 2023

WiseTech listed in 2016 (ASX:WTC) and has grown into a more than $21 billion (AUD) company. 14.11] How Richard created WiseTech’s credo, and why workplace culture is so important. His vision is for CargoWise to be the operating system of the global logistics industry.

supply chain software solutions 95

supply chain software solutions Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 95

ivalua

JUNE 2, 2016

I cannot emphasize enough how important it is to capture the tribal knowledge of your most tenured people. Also, to learn more about managing supplier risk register for our webinar on Wednesday, June 29, 2016, at 2 PM EDT. Other areas cited in the article are Innovation, Collaboration, Transparency, Information, and People.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Supply chain 113

Procurement Insights

NOVEMBER 3, 2023

Would you agree or disagree with the following statements: Eating right is important Getting regular exercise is important Getting enough sleep every night is important If you answered yes to each of the above statements, do you practice each one regularly? ” Let’s call the above “Procurement’s Bulge.”

Networking 64

Networking Supply chain Data Import 64

Supply Chain Game Changer

APRIL 3, 2019

import and export traffic nearly doubled between 2000 and 2016. million TEUs in 2000 to over 50 million TEUs in 2016. Despite a huge rise in demand for truckers to transport these imports and exports, the number of qualified drivers is not growing. World Bank data shows that U.S.

Logistics 50

Logistics Export Supply Chain Efficiency Supply chain 50

Supply Chain Game Changer

AUGUST 13, 2020

“Globalization and increased economic interdependence have accompanied — and facilitated — rapid economic growth in many countries and regions, helping world GDP grow from around 50 trillion USD in 2000 to 75 trillion USD in 2016” ( un.org 2017 ). But what is globalization, really?

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 121

Supply Chain Game Changer

APRIL 22, 2022

App development and application guarantees user convenience, and comfort is an important component of a person’s desire to buy something from you. . It is important to use popular selling tools (such as the app) – they allow you to stay in the market and make a profit. Mobile apps increase sales.

supply chain budgeting 82

supply chain budgeting Supply Chain Optimization Purchasing Import 82

Let's Talk Supply Chain

JUNE 5, 2023

Today Jonas Krumland, CEO and Founder at Logward, joins me to chat all about the company and what they do; improving relationships and optimizing spend through integration; and the importance of putting a focus on changing mindsets, as well as building great software. You avoid that by listening properly.” 44.17] The future for Logward.

supply chain budgeting 59

supply chain budgeting supply chain software solutions Supply Chain Optimization e2e 59

Supply Chain Game Changer

NOVEMBER 20, 2018

In the context of the turkey Supply Chain it is extremely important to note that 90% of turkeys consumed are frozen and 10% are fresh. Celebrations throughout the year are very important and Thanksgiving stands as a critical part of the culture. pounds in 2016, 20% of which is on Thanksgiving. Fresh versus Frozen Turkeys.

Supply chain 88

Supply chain Supply Logistics Demand Planning 88

Supply Chain Game Changer

MARCH 22, 2022

I published my first blog in Aug 2015 after my PhD Degree and my 2 nd blog was in Jan 2016! What challenges facing the world are important to you? What is important to me is that Supply Chain knowledge is still not democratized. As I mentioned above Supply Chain leaders are now in a position of strategic importance.

Leadership 105

Leadership Agile and Lean Supply Chain supply chain software solutions Supply chain 105

Supply Chain Game Changer

NOVEMBER 25, 2018

This is certainly an important measure. My critique is in no way meant to diminish the importance of the work that Gartner does. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. And finally there is Corporate Social Responsibility.

Supply Chain Efficiency 60

Supply Chain Efficiency Supply chain Supply Inventory 60

Jaggaer

MARCH 30, 2020

In 2016, that number had plummeted to 24 years. Overall, Charles says, it’s important to take an outcomes-based approach. Business is changing faster than ever, and the numbers back it up at every turn. Charles is quick to point on that in 1935, the average tenure of a company on the S&P 500 was 90 years.

Sourcing 99

Sourcing Data Bidding Supply Chain Efficiency 99

Supply Chain Collaborator

JUNE 16, 2017

American Shipper’s 2016 benchmark study on visibility emphasized the growing expectation among markets regarding the ability to determine where products are within the supply chain in real time. That’s where the selection of a solution provider becomes critically important. Here’s something to think about.

Real-time Visibility 60

Real-time Visibility Change management Management Supply Chain Optimization 60

Supply Chain Game Changer

NOVEMBER 18, 2018

Don & Alex Tapscott, authors Blockchain Revolution (2016). Most important is that the transaction does not have to involve only cryptocurrency. Why Is Blockchain So Important To Business And Supply Chain? That is why Blockchain is so important to understand! Most companies do not yet have a Blockchain strategy.

Supply Chain Efficiency 84

Supply Chain Efficiency Supply chain Sourcing Logistics 84

Supply Chain Collaborator

FEBRUARY 13, 2018

We brought this innovation to the market well-ahead of our competitors, many of whom didn’t field similar features until 2016 and 2017. UltraShip’s new version give users access to all of this important information without leaving the TMS, saving time and raising awareness of situations requiring immediate attention.”.

Real-time Visibility 60

Real-time Visibility Supply Chain Efficiency Supply Chain Visibility Innovation 60

Supply Chain Collaborator

MAY 27, 2016

Friday, May 27, 2016 – Fair Lawn, NJ – UltraShipTMS is proud to announce it now provides connectivity between its award-winning TMS platform and MacroPoint, a leading provider of freight monitoring and tracking solutions for shippers, brokers and 3PLs.

Real-time Visibility 60

Real-time Visibility Dwell Time Supply Chain Visibility supply chain software solutions 60

Supply Chain Game Changer

DECEMBER 22, 2021

Like when buying your home, location is an important factor that stands out for eCommerce fulfillment. more than the total cost of eCommerce returns in 2016. To achieve this, work with a fulfillment service provider who respects shipping timelines to meet customer expectations. Constraints of Shipping Location. This is 75.2%

Order Fulfillment 96

Order Fulfillment supply chain software solutions Supply Chain Efficiency Inventory 96

Procurement Insights

DECEMBER 6, 2024

This lecture focuses on best practices in preparing for supplier negotiations, emphasizing the importance of cost transparency and strategic negotiation techniques. Prior to founding Zip, Zaparde co-founded **FlightCar**, a car-sharing company that was later acquired by Mercedes-Benz in 2016.

Supply Chain Efficiency 52

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

Supply Chain Trend

AUGUST 31, 2023

Decisions and decision practices are important, as decision effectiveness and financial results correlate at a 95% confidence level or higher. Decision Quality A decision quality framework is proposed in detail in the book Decision Quality (Spetzler and colleagues, 2016). Many of them impact individual and group decision making.

Quality 78

Quality Supply Chain Optimization supply chain software solutions Supply chain 78

SCMDOJO

MARCH 28, 2023

It has become increasingly important for companies to embrace this emerging technology as they seek to adapt to rapidly changing environments and become more digitized. Even though adoption of blockchain is currently rare, it will become an essential tool for companies that want to continue their digital transformation in the future.

Supply Chain Efficiency 116

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 116

Supply Chain Game Changer

JANUARY 14, 2020

This is certainly an important measure. My critique is in no way meant to diminish the importance of the work that Gartner does. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. And finally there is Corporate Social Responsibility.

Supply Chain Efficiency 10

Supply Chain Efficiency Supply chain Supply Inventory 10

Supply Chain Trend

MAY 3, 2024

I envisioned autonomous IBP in 2016 and published a Foresight article discussion what’s needed for autonomous planning in 2019. I find it much more important and interesting to develop operating models where human and machine can continuously learn and improve together. On the other hand, learning has no boundaries.

Collaboration 60

Collaboration Supply chain Supply Import 60

Supply Chain Collaborator

FEBRUARY 13, 2017

The most recent study, published in the second half of 2016, produced a wealth of wisdom about supply chain management. Research firm, Supply Chain Insights, produces the annual “ Supply Chains to Admire ” study which looks at the factors driving excellence in supply chain management.

Supply Chain Optimization 60

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 60

SCMDOJO

JULY 26, 2023

Key Takeaway: “True Grit” teaches us important lessons about bargaining through its compelling characters and challenging situations. Key Takeaway: Through its compelling plot and dynamic character relationships, “Dog Day Afternoon” imparts important lessons in negotiation techniques.

Negotiation 98

Negotiation Ethics Category management Supply Chain Efficiency 98

Empowering CPO

NOVEMBER 27, 2020

Category Dashboards are an important tool to track these price fluctuations and supply / demand gap of specific commodities or a related category. We also keep track of information such as mill inventory, operating rates, import / export data and exchange rate fluctuations and include them in this section.

Risk 52

Risk Raw materials Price Supply 52