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The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” This reminded me of a prior post I wrote about the subject and I wondered if Pierre was writing about me. If so, in my (imperfect?) attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pun
Note: This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. In my last three posts, I talked about order aggregation , new inventory replenishment policies and why a network model makes so much sense. Today I want to discuss the all important ASN. . The ASN is the electronic transfer of shipment data from a supplier to a customer.
Plenty of food shippers already have some form of solution in place to automate their transportation planning and management processes. Whether they use a solution provided by a logistics IT provider, a basic tool provided by their 3PL or a homegrown system, it’s clear that manual processes are no longer up to the increasingly complicated task. If you’re a food or beverage shipper using any of the above defined solutions, now is a pivotal time to consider what you can do to improve your transpor
The supply chain is more properly designated a value network through which many supply chains can be traced. Material, money and data pulse among links in the value network, following the path of least resistance, accelerated by d igital technologies, including additive manufacturing, more secure IoT infrastructure, RPA, and, potentially, blockchain. .
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. The first two signs dealt with goal alignment and understanding internal customer needs.
Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. The decision making process used to select suppliers must be fact-based and driven by a rigorous analytical approach.
The strategic sourcing technology market is a crowded space. Walk the exhibit floor at the annual ISM conference and you’ll easily find more than 40 providers offering a wide variety of e-sourcing solutions. From simple to complex, general to industry-focused, you have a lot of choices. So how do you know if you have the right sourcing technology for your business?
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The strategic sourcing technology market is a crowded space. Walk the exhibit floor at the annual ISM conference and you’ll easily find more than 40 providers offering a wide variety of e-sourcing solutions. From simple to complex, general to industry-focused, you have a lot of choices. So how do you know if you have the right sourcing technology for your business?
A Nation’s Strength. by Ralph Waldo Emerson. What makes a nation’s pillars high. And its foundations strong? What makes it mighty to defy. The foes that round it throng? It is not gold. Its kingdoms grand. Go down in battle shock; Its shafts are laid on sinking sand, Not on abiding rock. Is it the sword? Ask the red dust. Of empires passed away; The blood has turned their stones to rust, Their glory to decay.
The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” This reminded me of a prior post I wrote about the subject and I wondered if Pierre was writing about me. If so, in my (imperfect?) attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pun
Note: This is the next installment in an ongoing series that explores shelf-connected supply networks. In the first post, I asked whether a shelf-connected system was possible with traditional ERP systems. In my second post, I discussed how new approaches to forecasting processes are required in a shelf-connected world. . Today’s cloud platforms can support the advanced forecasting methods we’ve discussed in previous posts, but the best ones go step further, by enabling both plannin
SMMt Ltd/Flickr. Note: This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. In my last two posts, I talked about new inventory replenishment policies and why a network model makes so much sense. Today I want to talk about order aggregation, as this is the next logical step. Order aggregation follows immediately after a replenishment policy has established a recommended set of orders.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Mark Roy/Flickr. This morning I read an article that addressed the use of forecasts and predictions to understand the future of retail. Although an interesting read, I take exception to understanding forecasts and predictions as one in the same. To me a forecast is a method to calculate future performance based on an analysis of varying factors and patterns.
An article in this week’s Transport Topics detailed the operational challenges facing intermodal shippers in the face of growing economic activity. The double whammy of increasing freight volume and an ongoing, acute driver shortage has driven a boom in the utilization of intermodal truck to train shipping. The article reports that intermodal carriers are having a great year in spite of “an array of operational, financial and technical issues” challenging their ability to handle the growth.
Savvy shippers have been taking the long view in their efforts to overcome what promises to be an ongoing capacity crisis, by investing in private fleet resources. Yes, it is a front-loaded capital expense to purchase equipment and add costs associated with driver training, retention and compensation. However, several pieces of news this week seem to validate the long-term efficacy of this strategy.
Benjamin Disraeli said, “The secret of success in life is for a man to be ready for his opportunity when it comes.” There are some retailers – whose industry is characterized by high volume imports from China and elsewhere – who can vouch for the verity of this statement. They’d be the ones who were able to flex their supply chain and logistics plans to overcome some very challenging obstacles in the last 12 months.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
You may have already seen our coverage of the joint-project between One Network, Resolve, and the Rwandan Ministry of Health to deliver medicine to the people of Rwanda, but if you haven’t, here’s a great video from Rwanda that explains the project and it’s benefits. If you want to learn more about the project, I suggest you download a case study on the Rwanda project here.
winnifredxoxo/Flickr. Note: This is a series of posts that explore the technology transformation that many supply chains are undergoing, and discuss how these changes can help the wider organization move from “good” to “great”. Today I want to talk about something called the Balanced Scorecard. . The Balanced Scorecard is interesting in that its definition actually reflects the traditional ERP limitations we discussed previously.
CWCS Managed Hosting/Flickr. Note this the second installment in a series of posts on how master data management affect a company’s financial health. In my first post, I explored whether Wall Street should care about your master data management strategy. . Fiscal responsibility is core to the makeup of all corporations, whether public or private.
I can still remember how excited and proud I was when I presented my Mom an autographed copy of our book, “Flowcasting the Retail Supply Chain For those of you who don’t know Betty Doherty, she’s a word wizard – loves to read and even dabbles with writing her own poetry. I knew then, that Mom would read the book. A couple of weeks after she received her gift I got her feedback.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
Got Credit/Flickr. Pursuing improved forecasts is certainly not an academic exercise. Better forecasting translates directly into making better business decisions. Some research indicates a 6% forecast improvement could improve the perfect order by 10% and deliver a 10-15% reduction in unnecessary inventory. Layering a demand sensing capability onto the overall demand management process will generate significant improvements to a company’s core KPI’s.
The supply chain is more properly designated a value network through which many supply chains can be traced. Material, money and data pulse among links in the value network, following the path of least resistance. If each node in the value network makes decisions in isolation , the potential grows for the total value in one or more supply chain paths to be less than it could be. .
TruckPR/Flickr. Prior to today’s advanced cloud platforms, the prevailing strategy was to implement CPFR, or Collaborative Forecasting, Planning, and Replenishment. CPFR defines the flow as Creating the Sales Forecast, Creating the Order Forecast, Generating Orders, Executing Orders, and then gathering Replenishment feedback. As we all know this flow is necessary, but in today’s replenishment world just isn’t sufficient.
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