News (3585)
Supply Chain COE, Part 2
We recently looked at the concept of supply chain centers of excellence. In the 2nd part of the series, Rich Becks on the EBN site steers us through some best practices he's run across.
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Is Big Data Too Big?
Big data is a good thing, right? That is to say, unless it raises complexity to an untenable level. However, business strategy that takes into account the reduced cost of data and what it can accomplish will win in the future.
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Funding IT Purchases
Everyone's interested in saving money, especially when you're buying technology. There are many ways to overspend, but if you keep some simple guidelines in mind you may be able to keep spending under control.
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Generate Great POI on Your Risk Management
Risk management is too often an afterthought for many companies. Those that do it well, though, often achieve extremely high returns on their investment.
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The Supply Chain COE
Ever heard of a supply chain Center of Excellence? It's an idea whose time has come, according to Rich Becks on the EBN site.
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No PO, No Pay Challenges
Electronic invoicing is a great concept, but like every type of business transaction between 2 parties, collaboration is required to make it work. A 'No PO, No Pay' policy sounds easy to implement, but in practice there are challenges.
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What's a Store?
Remember the days when a store was a store? That was before omnichannel customers, that's for sure. Now a store is a channel, a showroom, a pop-up location.... a number of different types of operations.
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Quality in Sourcing and Procurement
Six Sigma is often considered 'a manufacturing thing'. However, it's also useful in many other situations, one of which is sourcing and procurement.
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Improve Your Forecasting
How's your forecasting keeping up with all of the changes in your supply chain being driven by ecommerce and omnichannel buyers? It may be in need of tuning, which is perfectly understandable. New technologies and approaches may be available to help.
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Mobile Technology Use Case
Often, new technology seems like buzzwords or hot air without actual real-life examples of use. Mobile technology has been around for quite awhile, yet many people can't really conceive how it can be utilized in a business scenario. The folks at Spend Matters would like to help, and they've identified a number of 'use cases' for different technologies.
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