December, 2017

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Supply Chain: Like Baking a Cake

All Things Supply Chain

It’s somewhat of a tradition to bake at any sign of a celebration or holiday festivity.

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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.

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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!

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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.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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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.

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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.

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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.

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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.

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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.

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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.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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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.

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All Things Supply Chain Blog – Wrapping Up 2017

All Things Supply Chain

We blinked and 2017 is nearly over.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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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.

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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.

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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.

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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.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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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.

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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.

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