Welcome to E2open Blogs!, an interactive forum where the E2open community can exchange ideas about the latest trends, technologies, and topics of contention in the supply chain world. Here's where we share relevant news, useful insights, industry best practices, and lessons learned in the field—and we welcome your feedback and participation. Comment, ask questions, make recommendations, and collaborate with us to solve today’s most pressing supply chain challenges.
I was a guest panelist recently on an EBN live chat on The Future of Direct Procurement, along with Pierre Mitchell, chief research officer at Spend Matters, and host Hailey Lynn McKeefry, managing editor of EBNOnline. We fielded questions from supply chain professionals exploring how to close the gap between current practices and the demands of today's business climate. The entire session transcript may be found at EBN, but I thought I would share with you some edited excerpts of the live chat.
Gartner’s model for sales and operations planning (S&OP) process maturity has been used over the years for more than simply benchmarking businesses. Without a doubt, hundreds of companies have gone one step beyond and leveraged Gartner’s S&OP maturity model to assess and improve their overall business performance. Given its far-reaching impact, the model also drove technology innovation and process improvements that changed the frame of reference as a whole, requiring a more granular perspective. So when this landmark model changes, it’s news certainly worth considering.
In my previous blog post, I discussed how moving the trading network onto an integrated, collaborative platform can empower brand owners and their partners to see, share and act on the best possible information in real-time – when plan deviations can still be turned into cost savings or revenue opportunities. I know this sounds too good to be true, but believe it. So, the question is, how do you make it a reality and turn words into action? The answer is Collaborative Planning & Execution.
For supply chain professionals, the challenges multiply with each passing day. Like everyone else, I see disruptive events such as natural disasters, security breaches, technology failures, political unrest and economic instability in the news 24/7, and these events are greatly affecting today’s global supply chains.
This is the season when many take the opportunity to reflect and take stock of the year, and to create a new list of goals for the coming year. With that in mind, and since it is the season for sharing, here are some insights to help ensure your organization stays on the supply chain “nice” list.
The idea behind a supply chain 'center of excellence' (CoE) is to inject innovation into an organization’s culture through cross-functional engagement of key stakeholders who actually know how the business works and where the real opportunities are hidden.
If I promised you lower costs, manufacturing excellence, and access to growing markets to go with it, you’d jump at that chance, wouldn’t you? Well, those are a few of the many benefits that made the world’s manufacturers embrace outsourced manufacturing. While many of those benefits have been realized, serious baggage has tainted the view of this dependency on contract manufacturing and distribution.
A recent research study by Spend Matters and the Institute of Supply Management (ISM) takes an in-depth look at direct procurement in today's global marketplace. In September 1983, the Harvard Business Review published a groundbreaking article by Peter Kraljic on purchasing strategy that is widely cited today as the beginning of the transformation of the function from 'purchasing' to something viewed as highly tactical to procurement or supply management - as well as very strategic to the business.
A funny thing happened along the way to today's modern supply chain: In our move to embrace outsourced manufacturing and distribution, we inadvertently created what is now being recognized as the universal problem of time, distance, and complexity.
I must admit: I think it's pretty cool when business publications write articles about supply chain. Don't get me wrong: I am an avid reader of supply chain-specific pubs, but it always fills me with a sense of pride and purpose when the executive set shines a light on supply chain (and even more so when E2open gets a mention). So I just had to share this...