Complex Logistics Awards – Do You Want to Move Beyond Excel? Many companies use Excel to make complex logistics awards. There are procurement professionals who have developed spreadsheets that can handle logistics awards but there are limitations and risks. Time – complex bids can often take a week or longer to analyze Vulnerability – standalone […]
How Optimization Gives Your Sourcing Team a Strategic Advantage – A Real Life Example You have probably heard about optimization and might be wondering if it will give your sourcing team a strategic advantage. Let me start with a brief recap on the excitement surrounding optimization from past posts. Big data, storage capacity and computing […]
Optimization Plus Negotiation Leads to Profitability and Provides a Strategic Advantage Optimization can put your team in a strong negotiating position that should translate into profitability and a strategic advantage. Today it is far easier to collect big data then it is to use it to create a strategic advantage. There are procurement tools that […]
Would Optimization Give Your Sourcing Team a Strategic Advantage? Optimization is a hot topic, but will an optimization tool give your sourcing team a strategic advantage? Why is optimization a hot topic in sourcing circles? Big data, storage capacity and computing speed give us three parts of the analysis pie. Software is the fourth part […]