December, 2017

article thumbnail

The Economics and Supply Chain of Your Christmas Tree

All Things Supply Chain

Few symbols are as representative of the holiday season as a Christmas tree.

article thumbnail

Checklist for an S&OP Mindset

Supply Chain Trend

For those of you who’ve been following supplychaintrend for a while, you know I’ve written many blogs about how mindset improves S&OP and business performance. And maybe more importantly, it can also improve employee well-being. I’m pleased that in collaboration with the leading European Supply Chain Platform – Supply Chain Movement – I developed a checklist to assess if your organisation has an effective mindset.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Grocers Fining Shippers for Late Delivery – Advanced TMS Scheduling to the Rescue!

Supply Chain Collaborator

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!

article thumbnail

What’s in a Box: Creating More Responsible Holidays!

SupplyShift

Nothing says the Holidays like gift-laden delivery trucks rushing to fill all of our last minute orders. And with every delivery comes a box, or two, or three, all of which arrive on our doorsteps out of a diverse and complicated paper and packaging supply chain. Many online businesses are working to innovate their packaging solutions to reduce paper waste this time of year, but supply chain data has a big role to play in creating more responsible holidays going forward.

article thumbnail

GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

article thumbnail

Top tips to forecast your savings

Market Dojo

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.

article thumbnail

What Can a Supply Chain Control Tower Do for You?

The Network Effect

Nucleus Research explains control towers and the benefits they bring to your supply chain Nucleus Research has published its Control. The post What Can a Supply Chain Control Tower Do for You? appeared first on The Network Effect.

More Trending

article thumbnail

The ‘Why’ in S&OP: or How to Find More Meaning

Supply Chain Trend

There is a lot of evidence that S&OP is hard to implement and get right. And when S&OP is implemented it often stalls, doesn’t make enough progress and doesn’t deliver enough value. The reasons are plenty, but one of the core reasons is the lack of senior leadership support. Another reason is that employees just get tired of an overly dogmatic, bureaucratic process and data focused monthly cycle.

article thumbnail

Retailers Feel Shoppers’ Christmas Cheer

Supply Chain Brain

Fueled by high consumer confidence and a robust job market, U.S. retail sales in the holiday period rose at their best pace since 2011, according to Mastercard SpendingPulse, which tracks both online and in-store spending. Sales, excluding automobiles, rose 4.9 percent from Nov. 1 through Christmas Eve, compared with a 3.7-percent gain in the same period last year, according to the Mastercard Inc. unit, which tracks all forms of payment.

article thumbnail

What’s in a Box: Creating More Responsible Holidays!

SupplyShift

Nothing says the Holidays like gift-laden delivery trucks rushing to fill all of our last minute orders. And with every delivery comes a box, or two, or three, all of which arrive on our doorsteps out of a diverse and complicated paper and packaging supply chain. Many online businesses are working to innovate their packaging solutions to reduce paper waste this time of year, but supply chain data has a big role to play in creating more responsible holidays going forward.

article thumbnail

SaaS, Cloud Computing and Pizza Margherita

Solvoyo

I love a good pizza. I am not a big fan of deep dish Chicago style, or California style with weird ingredients. My favorite pizza is the […]. The post SaaS, Cloud Computing and Pizza Margherita appeared first on Solvoyo.

article thumbnail

5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

article thumbnail

Barriers to Adopting Reverse Auctions

Market Dojo

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.

article thumbnail

All Things Supply Chain Blog – Wrapping Up 2017

All Things Supply Chain

We blinked and 2017 is nearly over.

article thumbnail

How to Measure your Strategy Execution Readiness

Supply Chain Trend

Your company has a strategy. Are you confident it is ready to be deployed and executed? Most likely not, as 60%-90% of strategy implementations fail and only 14% of executives are satisfied with the execution of a strategy. This post introduces a framework to assess your company’s strategy execution readiness, in order to align leaders around how to bridge your strategy to execution gaps.

article thumbnail

What is the Best PMP Book?

Supply Chain Opz

Are you planning to take the PMP exam and looking for best PMP book? We will compare 4 major exam prep and show you which one is the best PMP book to read. Major PMP Books Compared There are at least 3 ways to prepare yourself for PMP exam, namely, online training, on-site training and PMP book. In our opinion, you should consider PMP book first so you can familiarize yourself with terms, method and process.

article thumbnail

From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

article thumbnail

The Development of Spend Data Analysis

Market Dojo

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
article thumbnail

Market Dojo – Building an ecosystem

Market Dojo

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
article thumbnail

eSourcing should be mandated

Market Dojo

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.

article thumbnail

Part 2 – The CPO’s first hundred days…

Market Dojo

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.

article thumbnail

The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

article thumbnail

Modern Slavery – It’s time to Act

Market Dojo

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.

article thumbnail

Introducing the LAVERGNE PROCUREMENT MATRIX

Market Dojo

We recently encountered an article on Linkedin by Rémy de Lavergne, a highly experienced procurement professional with a specialism in Logistics. Rémy had clearly put some thought into what made a ‘good’ buyer and went a step further by categorising them by key attributes. We couldn’t resist having a call with Rémy to understand this further, which led to this introductory article on our blog.

article thumbnail

Market Dojo announce Quick Quotes

Market Dojo

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
article thumbnail

What is the Best Managerial Accounting Book?

Supply Chain Opz

Do you know what the best managerial accounting book is? We will show you best managerial accounting book that world's leading MBA programs use. What is Managerial Accounting? Managerial accounting or management accounting is one of the most powerful tools for managers at all levels to control the rising costs. In contrary to financial accounting, which focuses on external reporting, managerial accounting provides you with costing data that help you to make the right decision at the right time.

Budget 40
article thumbnail

Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

article thumbnail

What is the Best Business Statistics Book?

Supply Chain Opz

What is business statistics book that doesn't damage your brain? We will present to you the best business statistics book that is practical enough for CEOs. The Importance of Statistical Thinking Statistics has become one of the most important decision-making tools since the 1980s. The statistical thinking was embedded in many business practices such as TQM (total quality management), lean manufacturing and 6 Sigma.

article thumbnail

What is the Best Customer Service Book?

Supply Chain Opz

What is the best customer service book? We will show you the best customer service book that CEOs and leading customer service gurus want you to read. Why customer service is more important now? When we talk about customer service, people will usually think about the hotel and tourism business or banking business where products are less physically or tangible.

Import 40