All posts by david

Effective Logistics Problem Solving

Logistics is a critical component of effective supply chain management, as it covers the procurement and movement of materials, scheduling of people, organization of manufacturing processes to convert inputs into finished goods that customers are willing to pay for. Logistics, procurement and supply chain professionals must assure that all logistics and supply chain activities add value to customer and stakeholder…

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Pillars of Strategic Procurement Execution

The supply chain of today is dynamic, rapidly evolving, and requires great strategic, operational and tactical acumen. Procurement professionals must have a proficient understanding of many aspects of the modern business landscape. These include socio-demographic, technological, political, industry, economic, competitive, and ecological parameters. We must understand these parameters from the perspective of what is trending, how our organizations and procurements…

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The Benefits of Cashless Procurement Systems

The world is evolving day by day, and supply chains are becoming more complex. The topic of cashless systems has been at center stage for some time now. Cashless procurement systems are now no longer something of a distant future but one of sudden reality. The following are benefits of cashless procurement systems: 1.) Reduction of corruption: These systems eliminate tax…

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Digital Vendor Selection and Contracting

Emerging technologies are poised to play a major role in the procurement and supply chain worlds. Robotic Process Automation, Artificial Intelligence, and Machine Learning can provide great cost reduction and risk mitigation benefits in supply chains. Inefficiencies account for about 4% of spend in typical transactional cost. Digital Vendor Contracting, major benefits: Fraud Proofing, by digitizing with Blockchain. This technology…

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The Future of Procurement Technology

The future of procurement technology is a very interesting topic and requires great reflection by progressive minded supply chain professionals. The mechanisms of technology, networking, metrics, innovation, production, and logistics are poised for critical mass on supply chains. The interaction of these forces is lining up for a monumental shift with seismic value creation capability. According to a report by…

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Spend’s Role in Industry

The modern business environment is changing the way businesses execute their Mission Critical Functions. These pressures are not only economic in nature, but technological, political, competitive and significantly Customer Requirement Driven. There is a seismic shift in the mindset of the modern customer from Triple Constraint (wanting products cheaper, better, faster) to quadruple constraint (wanting products cheaper, better, faster and…

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Levi’s sets Aggressive Targets to Cut Emissions Across Global Supply Chain

Concern over the planet is one of the Mega Trends of our era and has taken many forums, including emissions reduction, the study of the impact of natural and man-made disasters, and global warming. Levi’s & Company has embarked on a robust program to reduce the environmental impact of its operations by reducing its carbon emissions resulting from its Supply…

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Could CPO Role be Replaced by Chief Value Officer?

Procurement is the process of translating customer requirements into the selection of highly capable suppliers, to timely, accurately, cost-effectively deliver high quality, mission-critical inputs and raw materials to internal customers. As well as assuring the accurate receipt and timely payment of all accrued invoices The main work of a Chief Procurement Officer is to: Create a Shared Vision for the…

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Amazon’s Supply Chain Success the Leveraging of Critical Factors

Amazon is by far one of the most successful companies of all time. Innovation, supply chain excellence, vision and risk-taking are all vital elements of its astounding success. While these vital elements underpin Amazon’s competitive advantage, they are also the critical cogs of its Robust Business Model. Amazon joins the ranks of the top 20 Supply Chains, which include the…

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The SCOR Model for Strategic Alignment

Today’s Supply Chains are more complexed, demanding, fast-paced, and risk-prone than ever before. The SCOR Model (Supply Chain Operations Reference Model), provides a comprehensive, holistic, and dynamic approach to understanding, measuring, and executing supply chain operations. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of the SCOR Model in simple how to do steps.…

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