Traditional #sourcing can optimize value, but #design-powered sourcing takes it even farther—delivering amplified value, long-term impact, and faster time to market. Experts from Kearney PERLab (Product Excellence Renewal Lab) explain how design-powered sourcing can be the next step for companies looking to make a major leap forward across their entire global value chain. For insights on how to do it right, read and download the full report: https://bit.ly/4gFhTia Authors: Sujoy Biswas, Yves Thill, Bharat Kapoor, Keat Yap, Namrata Shah, Cazzie Williams, Dipankar Maganty, and Jesse Feng
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We’ve been keeping this under wraps, but it’s time to spill our big news… Our website has undergone a complete transformation! After months of careful planning and hard work, the updated and rebranded version of our site is finally live. We'd like to thank our principal consultants for all of their hard work as well as our executive advisors that have helped shape the new business offering. Our mission is to enable businesses to thrive in a world of supply chain #volatility by empowering #people and reimagining #processes. In order to best serve you we’ve added specific details about our solutions; new case studies that can be filtered by industry; and an easy way to find expert consultants with the experience you’re looking for. In addition, I invite you to download our new White Paper, “Accelerating Manufacturing Cycle-Times: Key Strategies to Enhance Agility, Improve Customer Service, and Reduce Inventory,” which is also available immediately for download on the new site. This explains how to implement our solution to harness the opportunity from the problem we all face. Have a look right here: https://zinata.com/ What do you think? Let us know in the comments!
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Unlock the Power of Smart Purchase Strategies for Business Success! 🚀 In today’s competitive market, having a solid purchasing strategy is essential for long-term profitability. Here are three key strategies that every business should consider: 1. Data-Driven Decision Making Leverage data analytics to understand market trends, supplier performance, and cost-saving opportunities. Real-time data can empower teams to make smarter, faster purchasing decisions. 2. Strategic Supplier Relationships Build long-term, mutually beneficial relationships with key suppliers. This not only improves reliability but also offers opportunities for negotiating better terms and discounts. 3. Sustainable Sourcing As sustainability becomes a top priority, ensuring that your sourcing is ethical and environmentally friendly can enhance brand reputation and align with consumer values. Take your purchasing strategy to the next level by combining these approaches to stay ahead in the game. Visual Ideas: 1. Infographic: Create a clean, visually appealing infographic that highlights the three strategies. Use icons or illustrations to represent each strategy: 1. A magnifying glass or graph icon for Data-Driven Decision Making. 2. A handshake or contract icon for Strategic Supplier Relationships. 3. A leaf or globe icon for Sustainable Sourcing. 2. Real-life Imagery: Use professional images of business teams in meetings or shaking hands with suppliers, combined with text overlays highlighting each key point. This humanizes the strategies and makes the post more relatable. 3. Pie Chart or Bar Graph: Show the impact of each strategy on overall business success or cost reduction with a simple, easy-to-understand chart. #BusinessStrategy #Purchasing #Procurement #DataDriven #Sustainability #SupplierRelations #BusinessGrowth
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#ddiaffiliate Demand Driven Technologies with a #DDMRP case study from the consumer products industry. #demanddriven #supplychaininnovation #supplychain https://lnkd.in/g8Th6q2Y
Discover the Power of Agility in Supply Chain Learn how AmorePacific, a global leader in beauty and cosmetics, transformed its supply chain operations with Intuiflow. By implementing a demand-driven approach, they overcame complex challenges to achieve: ✅ Improved service levels ✅ Optimized inventory management ✅ Enhanced operational efficiency This case study dives into their journey, offering actionable insights for companies navigating similar challenges. 👉 Read the full case study here and see how innovation can redefine supply chain performance. https://bit.ly/41a7QNR #DemandDriven #SupplyChainTransformation #SupplyChainAgility #Intuiflow #CaseStudy #SupplyChainManagement
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Discover the Power of Agility in Supply Chain Learn how AmorePacific, a global leader in beauty and cosmetics, transformed its supply chain operations with Intuiflow. By implementing a demand-driven approach, they overcame complex challenges to achieve: ✅ Improved service levels ✅ Optimized inventory management ✅ Enhanced operational efficiency This case study dives into their journey, offering actionable insights for companies navigating similar challenges. 👉 Read the full case study here and see how innovation can redefine supply chain performance. https://bit.ly/41a7QNR #DemandDriven #SupplyChainTransformation #SupplyChainAgility #Intuiflow #CaseStudy #SupplyChainManagement
Amore Pacific - Demand Driven Technologies
https://demanddriventech.com
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Supply Chain solutions – ‘Simple & Elegant’ or ‘Complex & Difficult’? It’s a dilemma that consultants often face. Supply Chain teams would love simple and elegant solutions to their pressing problems. However, solution providers often prefer complex and difficult solutions, which makes their solution look unique and probably more value-adding. What creates this dilemma and how do we solve it? The confusion arises if we look at the solutions from the ‘Efforts’ perspective. Complex and difficult solutions take more effort and time to implement, hence looking superior from this viewpoint. My suggestion is to look at the solutions from the ‘Value’ perspective. How much addition value does the solution generate? Higher effort and time should actually be treated as a negative under this lens. Once we change our perspective, simple and elegant solutions, with less effort and faster implementation, clearly score out. #supplychain #design #problems #solutions #simple #elegant #complex #difficult #dilemma #efforts #value #improvement #toc #tocplus #poogi #primenuggets
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Crafting Supply Chain Resilience: The Critical Role of Monitoring External Manufacturing with Prescience In today's global business environment, understanding the complexities of supply chain management is crucial for resilience, particularly in outsourcing and external manufacturing. Traditional methods are no longer effective in managing the intricate and risky nature of modern supply chains. Prescience tells you why: 𝗞𝗲𝘆 𝗟𝗶𝗺𝗶𝘁𝗮𝘁𝗶𝗼𝗻𝘀 𝗼𝗳 𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗖𝗼𝗺𝗽𝗹𝗲𝘅𝗶𝘁𝘆: Suppliers manage diverse strategies while serving multiple clients, including competitors. 𝗜𝗻𝗮𝗱𝗲𝗾𝘂𝗮𝘁𝗲 𝗧𝗿𝗮𝗰𝗸𝗶𝗻𝗴 𝗠𝗲𝘁𝗵𝗼𝗱𝘀: Reliance on meetings, emails, and spreadsheets is insufficient for strategic operations. 𝗘𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗥𝗶𝘀𝗸𝘀: The dynamic nature of supply chains introduces new challenges and vulnerabilities. This is where Prescience comes into play. It transforms the approach to monitoring external manufacturing by leveraging customer purchase orders as the foundation of the official plan, coupled with detailed workflows to track the manufacturing activities of each component accurately. By analyzing data at scale, Prescience not only provides real-time insights into supplier performance but also forecasts future performance and delivery timelines. This enables businesses to proactively manage risks, ensuring supply chain resilience and maintaining a competitive edge in the marketplace. 𝗪𝗵𝘆 𝗢𝘂𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 𝗖𝗵𝗼𝗼𝘀𝗲 𝗣𝗿𝗲𝘀𝗰𝗶𝗲𝗻𝗰𝗲 𝗣𝗿𝗼𝗮𝗰𝘁𝗶𝘃𝗲 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Anticipate and mitigate risks to ensure supply chain resilience. 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲: Maintain an edge in the marketplace through innovative supply chain strategies. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗮𝗻𝗱 𝗖𝗼𝗻𝘁𝗿𝗼𝗹: Foster a transparent, controlled, and adaptable supply chain ecosystem. Embrace Prescience for strategic supply chain management and navigate outsourcing challenges with confidence. It’s not just about monitoring—it’s about crafting a resilient, transparent, and adaptable supply chain. Visit our website https://www.prescience.io/ for more insights into optimizing your supply chain and follow us on LinkedIn for the latest updates and industry discussions. #SupplyChainManagement #InnovationInSupplyChain #StrategicOutsourcing #DigitalTransformation #Prescience
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🌟 Product of the Day: Fairmarkit 👋🌟 https://lnkd.in/e6BvTtUJ Today, let’s explore a procurement platform that’s revolutionizing sourcing for enterprises—Fairmarkit! They’re already gaining traction by securing $35.6 million in Series C funding, and for good reason. 🔑I’m not typically a procurement enthusiast, but I love digging deeper and gaining insights into different industries. Fairmarkit uses AI to automate sourcing by finding the best suppliers and bids, cutting down on time and costs. It also integrates seamlessly with existing ERP and procurement systems, so you’re not starting from scratch! The platform analyzes past purchasing data to make recommendations, so your team can focus on more strategic activities while saving money. Plus, it brings transparency to sourcing, offering a clearer view of vendors and pricing. Share other procurement tools or platforms you know about or using now. I’d love to know! #ProductOfTheDay
Fairmarkit | Autonomous sourcing for all spend
fairmarkit.com
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Unlocking Value in Tail Spend: Technology’s Role in Supply Chain Optimization For large organizations, tail spend – the low-value, high-frequency transactions often neglected in procurement – represents a hidden opportunity. By leveraging technology to examine and manage this overlooked area, businesses can unlock immense value. Here’s how: 1. Releasing Working Capital – By identifying and consolidating tail spend, organizations can improve cash flow, reallocating funds toward strategic investments. 2. Significant Cost Savings – Tail spend often includes duplicate or low-volume purchases at higher prices. Technology helps streamline these purchases, leading to meaningful cost reductions. 3. Reducing Maverick Spend – Automated analytics reduce non-compliant spending, ensuring purchases adhere to negotiated contracts and internal policies. At RobobAI, we empower businesses to gain greater control over their supply chain spend, transforming tail spend from a liability to a strategic asset. Are you tapping into this hidden value? Let’s connect. #SupplyChainOptimization #TailSpend #WorkingCapital #CostSavings #RobobAI
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We have to learn to not connect a supply solution to a demand that was articulated by the business...instead, understand what the business opportunity is, understand what the business challenge is, and then co-create for an outcome.” Hear more from Roche's Marielle Beyer. Get free, instant access to the webinar and gain actionable strategies and insights that can transform your supply chain. https://bit.ly/3ptoDuv #EconSupplyChain
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3 Questions: 1. How many RFP's are you planning to issue this month? 2. Could there be a better way to meet the needs of your stakeholders? 3. What undiscovered skills, knowledge and ideas do your suppliers have that could be better used to solve these challenges? If you're looking for inspiration this week, take a look at our webinar this Wednesday that will focus on Supplier Innovation. We'll be discussing the people, processes and tech required for success. Caitlyn Lewis from Supplier Day will share recent examples of successful supplier engagement programs. More info & registration here: https://lnkd.in/ew8Vc7Sk Hope you can join us! #suppliercollaboration #supplierinnovation #vizibl #supplierday
Vizibl Webinars | Supplier Innovation 101: Getting the best from people, process, and technology
vizibl.co
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1wIntriguing read, Kearney team! The idea of integrating design-infused sourcing to enhance value and speed is incredibly forward-thinking. This approach could significantly empower companies to stay competitive in an evolving market landscape. Would love to connect with your team to explore more about these insights!