Continuous Intelligence

Continuous Intelligence Last week, we shared the components of a digitized supply chain. These are: Continuous Intelligence Advanced Analytics Outcome Analysis Collaborative Responses Unpacking Continuous Intelligence Today, we're going to unpack the idea of Continuous Intelligence. Prior to digitizing the supply chain, there's a lot [Read More]

2024-01-22T17:49:57-06:00November 30, 2022|Business Tips, Indirect Spend|

Understanding the Importance of Controlling Supplier and 3PL On-Time Delivery for Indirect Spend

Understanding the Importance of Controlling Supplier and 3PL On-Time Delivery for Indirect Spend Controlling On-Time Delivery (OTD) of GNFR purchases is a major means to protect and safeguard the enterprise’s valuable capital. Late deliveries and failures to deliver can negatively impact operations and prevent the [Read More]

2024-01-22T17:49:57-06:00February 22, 2019|Indirect Spend|

Breaking Down Indirect Spend Optimization Barriers

Breaking Down Indirect Spend Optimization Barriers Indirect spend can represent anywhere from 20-40% of a company’s revenue, making it a huge factor to the bottom line and profitability for any organization. And while there are not many completely new challenges to managing it, there are [Read More]

2024-01-22T17:49:57-06:00January 4, 2019|Indirect Spend|

Digitize GNFR On-Time Delivery to Manage Supplier Performance

Digitize GNFR On-Time Delivery to Manage Supplier Performance Some companies still use manual processes by using the telephone, email and spreadsheets to manage GNFR (goods not for resale) supplier performance. While this system may have worked for smaller, less complex organizations, it is obsolete for [Read More]

2024-01-22T17:49:57-06:00December 21, 2018|Indirect Spend|

The Value of Indirect Procurement Personnel

The Value of Indirect Procurement Personnel Indirect Procurement Personnel can often be the unseen hero of the bottom line Indirect procurement personnel hold one of the most vitally important roles in a company. There is no way for a store to sell anything if they [Read More]

2024-01-22T17:49:58-06:00December 14, 2018|Indirect Spend|

Understanding the Value of Gaining GNFR On-Time Delivery Control

Understanding the Value of Gaining GNFR On-Time Delivery Control Complete transparency in the entire acquisition process is the best way to operate so that companies can readily track errors and spending habits that may be inhibiting profit. But how does this work? What Is On-Time [Read More]

2024-01-22T17:49:58-06:00December 7, 2018|Indirect Spend|

Understanding GNFR’s Spend Impact Upon Revenue

Understanding GNFR’s Spend Impact Upon Revenue Revenue growth through building infrastructure GNFR spend is an area of supply chain management that often does not receive the attention it deserves. This is most likely due to the fact that its effects are difficult to connect directly [Read More]

2024-01-22T17:49:58-06:00November 30, 2018|Indirect Spend|

Understanding the Savings Generated by Enterprise-Purchased GNFR

Understanding the Savings Generated by Enterprise-Purchased GNFR There are often significant savings when an enterprise purchases GNFR capital goods rather than a contractor for a couple of reasons. In this case, we are defining “enterprise” as any large business with multiple locations, such as a [Read More]

2024-01-22T17:49:58-06:00November 9, 2018|Indirect Spend|

Understanding the Additional Indirect Costs of Add-On Orders

Understanding the Additional Indirect Costs of Add-On Orders Add-on orders may not seem like anything that would affect the acquisition process, but when you consider all the implications, you will see just how much of an impact they can have. In every stage of the [Read More]

2024-01-22T17:49:58-06:00November 2, 2018|Indirect Spend|

Understanding GNFR Demand Planning Impact Upon the Perfect Order & Delivery

Understanding GNFR Demand Planning Impact Upon the Perfect Order & Delivery Demand planning can be defined as understanding and planning for the resources needed by different companies. Typically, demand planning (or forecasting) refers to projecting customer demand for GFR (goods for resale) products, but in [Read More]

2024-01-22T17:49:58-06:00October 26, 2018|Indirect Spend|
Go to Top