Recently, I had the pleasure to have a couple of conversations with Ajit Singh, the Founder and Director of Algorhythm, a company in Pune, India that has significant expertise in Optimization and Supply Chain Modeling. The have their own optimization engine, a set of front-ends for different types of supply chain models that can […]
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Not all optimization vendors are equal … and more importantly, not all vendors that claim to have decision optimization even have it (as their systems barely qualify as decision support). Thus, since Emptoris just released a new version of their offering, since Iasta is coming out with their first heavy-hitting release in the next month, […]
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Spend Analysis. Decision Optimization. Cost Modeling. Almost since the beginning, these have been the six dirty words of strategic sourcing. Study after study has found that these techniques easily save 8% to 15% for just about any organization that spends more than 500M a year, but yet, on average less than one fifth of companies […]
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For those of you looking for a good introductory overview of decision optimization for strategic sourcing, two new resources hit the bit-stream today. First of all, there’s the “What is Supply Chain Optimization?” (Part I and Part II) podcast, part of the Next Level Purchasing’s podcast series that features […]
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In Part I, we defined Supply (Chain) Network Optimization as the optimization of your global distribution network to minimize costs while controlling risk to an acceptable level, discussed the various costs involved in a supply chain network, outlined some of the questions you should be asking, and outlined some of the complexities associated with Supply […]
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Reading a recent white-paper by ESYNC entitled Strategic Assessments (registration required), I realized that even though I blog regularly about the different aspects of supply chain optimization, including supply chain network optimization (SCNO, or SNO, but either way us northerners will think you’re talking about the cold wet white stuff [different from The White Stuff] […]
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Yesterday, I said that Supply (Chain) Network Optimization (SCNO, or SNO, but not snow), which is not easy, is the optimization of your global distribution network to minimize costs while controlling risk to an acceptable level. Furthermore, it’s not something you should tackle as part of your everyday sourcing project. […]
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New methodologies and standards can make the difference between a relatively smooth-running, flexible infrastructure or a maelstrom of competitive and proprietary systems that can only be modified by vendors at an annual cost running in the millions.
Lance Murphy, Process Optimization : Fine-Tuning the Manufacturing Enterprise, Supply & Demand Chain Executive
This is important […]
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Over the past year, I’ve blogged a number of guest posts over on eSourcing Forum, including forty posts last summer as part of the weekend series. For new(er) readers to the blog, here is a list of all guest posts over on eSourcing Forum with direct links.
Weekend Series Posts
Purchasing Innovation […]
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According to this article on Yahoo! News, Tajik police have arrested a woman for trying to smuggle heroin in a refrigerator through express delivery firm DHL. Apparently, the DHL office in the Tajik capital Dushanbe grew suspicious after noticing that its transportation cost to Moscow exceeded the actual cost of the fridge by several […]
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