Spend analysis is essential, yet complex and most organizations are unaware that spend analysis can be simplified and accelerated by implementing a structured system like the United Nations Standard Products and Services Code …Read More
Spend analysis is essential, yet complex and most organizations are unaware that spend analysis can be simplified and accelerated by implementing a structured system like the United Nations Standard Products and Services Code …Read More
Factors ranging from the weather to celebrities’ social media posts can spur the public’s demand for particular products. Those spikes can cause supply chain constraints company leaders aim to avoid. It is better when …Read More
The manufacturing industry is experiencing multiple challenges this year. Among the most significant hurdles it’s facing is a high turnover. Roughly 75% of the manufacturing professionals surveyed by L2L reported a …Read More
There are a lot of terms used by organizations to describe their mid to long range strategic planning discipline. Whether your organization calls it Integrated Business Planning (IBP), Sales and Operations Planning …Read More
In many industries, globalization has resulted in the consolidation of suppliers and increasingly interdependent Supply Chains. Globalization has increased efficiencies and economies of scale, but it has led to decreased …Read More
The manufacturing industry is foundational to today’s modern global economy. Without an efficient, high-performing manufacturing sector, life would not be the same today. However, manufacturing, among other industries, …Read More
S&OP is a business management process that involves sales forecast reports, planning for demand and supply, and other factors. The goal is to help companies get a better, more clear look at their operations and create …Read More
Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. The plans take into account projections made by the sales and …Read More
An important lever for modern organizations. Sourcing is a key component of your Supply Chain – perhaps the most important part. As companies are navigating an increasingly turbulent yet robust economic climate, …Read More
For businesses on the outside looking in on this development, it might be difficult to understand how strategic sourcing methodologies differ from other long-established procurement practices.Read More
