Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

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ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

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EcoVadis

JULY 13, 2018

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. Section 6 of the ISO 20400 also provides organizations with guidelines on sustainable procurement reporting (6.5.2 Reporting).

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Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.

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Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 56

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GlobalTranz

JANUARY 4, 2016

We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year.

Supply Chain Design Software 120

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GlobalTranz

JANUARY 17, 2017

Technology advancements were among the most exciting topics to watch through 2016. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing.

Manufacturing Procurement 120

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Supply Chain Game Changer

NOVEMBER 11, 2018

Check out What Exactly Is Procurement? And What is Purchasing? Kodiak Rating’s CTO was recently in attendance at a Procurement Leaders event held in London, titled DITx?—?Data Hearing the summarization wasn’t much of a shock, but rather an affirmation of the on-going transformation occurring within procurement teams.

Procurement Solutions 54

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Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

Procurement Analytics 43

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CormSquare

JANUARY 24, 2017

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. Cost Reduction. Unsurprisingly, number one on the list is Cost Reduction.

Procurement Solutions 50

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SYSPRO Smarter ERP

MARCH 9, 2022

ERP applications automate and support a range of administrative and operational business processes across multiple industries” At the core, an ERP system unifies finances, including the general ledger, accounts payable, accounts receivable, and financial reporting. Procurement can be a complex process in a manufacturing environment.

Supply Chain Planning Software 119

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ivalua

MARCH 17, 2021

They may lack resources required to meet programmatic and financial reporting requirements or mitigate the many risks of non-compliance. The Grants Oversight and New Efficiency (GONE) Act of 2016 – The goal of this law is to provide visibility into aged grants and enable efficient closeout of expired grants. The Procurement Link.

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Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

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GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. E-Commerce for Manufacturing.

Manufacturing Procurement 120

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QAD

OCTOBER 11, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

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Supply Chain Movement

JANUARY 6, 2016

Supply Chain Movement helps you along with an overview of the most important European supply chain events in 2016. Last updated on January 6th , 2016. RLCON 2016. eWorld Purchasing & Supply. ARC Industry Forum Europe 2016. ISC Europe 2016. Global ManuChem Strategies 2016. ISC Turkey 2016.

Pharmaceutical 60

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Claritum

JANUARY 8, 2017

Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of procurement.

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GlobalTranz

JANUARY 5, 2016

Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. If you missed the first post, we encourage you to give it a read by visiting the first seven 2016 supply chain trends post here. . Supply Chain Trends 2016: 5 Additional More Areas of Focus.

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IQMS

NOVEMBER 29, 2018

Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

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Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

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Supply Chain Game Changer

NOVEMBER 28, 2018

Supplier bases are a great source of potential innovation. But, unlocking collaborative supplier innovation requires clearly defined strategies and operations by a sourcing, procurement and/or purchasing team to ensure that suppliers’ competencies are being leveraged to their fullest potential. Define Goals and Values.

Innovation 59

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Supply Chain Movement

SEPTEMBER 26, 2016

Date 16-18 November 2016. Global P2P departments are still on the journey towards true touchless end-to-end purchase-to-pay function. Get experience on Lean and Six Sigma in indirect procurement. P2P Process Owners Strategy Workshop. Venue: Amsterdam, the Netherlands. Organiser: marcus evans Conferences.

Six Sigma 60

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Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. At the same time, a global supply chain comes w/ global challenges.

Agile and Lean Supply Chain 121

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NC State SCRC

DECEMBER 28, 2015

This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).

Predictive Analytics Software 40

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Enterra Insights

FEBRUARY 9, 2021

It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. Everything from procurement, to production, to logistics can be improved using artificial intelligence. Why sustainability is important. ”[6].

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Supply Chain Matters

JULY 5, 2022

The company launched its Starboard Navigator technology in 2016 on the basis on decades of experience in methods, techniques, and technologies used to re-design of supply chains among multi-industry settings. Noted customers include Porsche , Deloitte , CBRE , Flexe, Geodis, Miele, One Network , and Topco , among others. Added Highlights.

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Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance.

Supply Chain Design Software 52

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Enterra Insights

OCTOBER 7, 2019

There’s been increased use of mobile phones and smartphones, interfaces for websites and mobile apps have improved, and there’s been a notable expansion of crowd-sourced business models to shopping and delivery.”[1] ”[1] He draws those conclusions from a Packaged Facts research report published last year.

Modeling Software 100

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Supply Chain Game Changer

NOVEMBER 23, 2018

especially procurement and logistics?—?in It was reported in mid-June by Zion Market Research that global “blockchain technology in supply chain management marke t was valued at around USD 40.99 For this reason, blockchain technology has been viewed as the perfect match for business application within procurement and logistics.

SCM 50

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EcoVadis

NOVEMBER 1, 2018

In practice, however, companies can create profound contributions to SDG 16 through their sustainable procurement programs. We can recall that the biggest spend category of Financial Services sector is information technology, which largely involves the purchase of IT equipment. Here’s why: Unveiling Supply Chain Risks. Taking Action.

Sustainability 60

Sustainability Optimal Sourcing Procurement Analytics Negotiate Pricing 60

Talking Logistics

JANUARY 25, 2016

Based on recent reports, it appears that, three years later, the answer to that question remains the same: We don’t know. According to a recent report by the non-profit group Development International, only 14% of Californian companies fully comply with the California Transparency in Supply Chains Act of 2010 (TISCA).

Agile and Lean Supply Chain 100

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Supply Chain Shaman

NOVEMBER 27, 2016

The SAP acquisition of Ariba slowed innovation and the purchase, and then the failed promise of investment in Crossgate was disappointing to SAP supply chain business users. Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? My interest is in direct material spend.

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EcoVadis

AUGUST 11, 2017

To start, the market continues to trend away from purchasing primarily based on brand name, and instead, toward healthier and responsibly-sourced products with natural ingredients. If the supplier can’t change with the times, the brand needs to seek an alternative supply source.

Manufacturing Procurement 56

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EcoVadis

OCTOBER 17, 2017

million metric tons this year. The Information and Communications Technology (ICT) sector has led the charge for sustainable procurement in recent years as technology companies push hard to meet consumer demands for transparency in the supply chain. It is estimated that e-waste will be the fastest growing waste type, reaching 48.2

Waste Reduction 53

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GlobalTranz

MARCH 23, 2016

Industry Week, March, 2016). These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Flex is eight (8) years into its Lean journey.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Enterra Insights

NOVEMBER 5, 2018

Hilary Milnes ( @hilarymilnes ) reports during the course of the NRF conference retail executives insisted “the only way to win [in the retail sector] is to tap into what customers want, and be able to respond to it.”[3] shoppers still prefer to make most of their purchases in-store.” Bad retail is dead.”[2].

Retail 100

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Enterra Insights

FEBRUARY 20, 2019

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] To make that point, Mortson lists ten different definitions for the term from various sources.

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