Procurement Insights

JANUARY 11, 2024

30-under-30-final Download In 2017 – and the years previous to that, ISM and ThomasNet asked me to cover their Top 30 Under 30 Rising Stars program. Since 2017, what has been the biggest challenge you have faced, and how did you overcome it?

Demand Planning 72

Demand Planning Supply chain Supply chain management Supply chain management 72

Supply Chain Trend

AUGUST 13, 2020

IBP can support a company’s vision by positively influencing its values and behaviors, thus actively shaping the company’s culture (Van Hove, 2017). To fully support integration with annual and strategic planning, the IBP horizon preferably covers a minimum of 24 months.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Zycus Cognitive Procurement

MAY 31, 2022

Procurement departments are often overlooked when introducing innovative ideas or developing successful innovations for their clients; this overlooks how important these individuals really are (Gartner 2017). Low inventory levels have made it difficult for businesses to meet customer demand, leading to frustrated customers and lost sales.

Procurement 40

Procurement Raw materials Price Demand 40

Supply Chain Game Changer

NOVEMBER 22, 2018

Supply/Demand Planning. Farmville is all about Supply/Demand Planning. This requires extensive planning in terms of capacity and capability, positioning of raw material inventory, creation of cash reserves, deployment of finished goods, and readiness to deliver/sell goods. © Copyright Mortson Enterprises Inc, 2017.

Agile and Lean Supply Chain 46

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Raw materials 46

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. © Copyright Mortson Enterprises Inc, 2017. All Rights Reserved.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Supply Chain Game Changer

NOVEMBER 23, 2018

He cites data from the American Trucking Association that wages have risen between 15 and 18 percent from 2013-2017, and says this should mean that the shortage will be overblown. Fallacy 4: Improved forecasting will always lead to lower inventory levels. This one is a bit of a sacred cow in the world of Supply Chain analytics.

Supply Chain Efficiency 49

Supply Chain Efficiency Supply chain Supply Logistics 49

SCMDOJO

AUGUST 16, 2023

By sharing real-time sales data and demand information, CPFR enables accurate forecasting and demand planning, minimizing information distortion, and promoting synchronized inventory replenishment. References: Lee H.L. 2004): The triple A supply chain. Harvard Business Review”, Vol. Nguyen T.T.H.

Supply Chain Efficiency 98

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