Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. The pairs of equal opposites attract and complement each other” ( worldhistory.org 2018 ). Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. The same applies to Procurement. Alex Saric, CMO, Ivalua. That is a shocking disparity.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Supply Chain Game Changer

NOVEMBER 7, 2019

In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. Source: Deloitte CPO Survey 2018. The Digital Procurement Ecosystem.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Learn how data can drive your roadmap with our survey, “ Digital Transformation: How Close Are We? ”. way that procurement organizations are?organizing

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Material Handling & Logistics

MARCH 9, 2018

From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. Yet challenges remain: More than half (51%) of procurement leaders surveyed do not believe their teams have the capabilities to deliver their procurement strategy.

Optimal Sourcing 51

Optimal Sourcing Cost Reduction Strategies Procurement Sourcing Strategies 51

HICX Solutions

JULY 19, 2022

Jon is a renowned writer and speaker in Procurement. Starting his career as a software company founder, he now runs the Procurement Insights blog and hosts a podcast, PI Window on The World Show which airs on Blog Talk Radio. How Procurement transformed into the function it is today.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Network Software Supply Chain Software 52

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. around the globe?—?and

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. billion by 2018 to grow these relationships.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

EcoVadis

JANUARY 4, 2019

A quick look at our most widely read blog posts over the past twelve months suggests that CSR and procurement professionals around the globe are increasingly interested in regulations related to sustainability as well as new technologies that can help drive truly sustainable supply chains.

Procurement Analytics 56

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 56

Jaggaer

MAY 12, 2020

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Procurement Predictive Analytics Software 52

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. But, we can’t begin our journey towards the future of procurement excellence in a ’93 Escort. Email Address.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

LevaData

APRIL 12, 2019

The adoption of AI in the procurement industry has opened a gap between those who hopped on the trend early and those who stayed behind to watch and wait. Our Cognitive Sourcing Survey 2018 revealed that the shift towards data-driven, computer-assisted negotiation and decision making is well underway in the procurement industry.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Sourcing Negotiating Skills 40

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming. Technology.

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming. Technology.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Supply Chain Matters

APRIL 3, 2024

Major Earthquake Senior business, procurement, information technology or supply chain executives with the responsibility for the assessment and mitigation of business related risks can often contemplate various impactful risk events. magnitude event that occurred in early 2018 as well as a 6.3 According to the U.S. have been reported.

Taiwan 59

Taiwan Manufacturing Procurement Supply Chain Design Software Material Savings 59

ivalua

FEBRUARY 4, 2020

The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain. In 2018 the study showed that, on average, 37% of the responding organizations had a separate data governance organization. That number increased to 54% in 2019. .

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

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

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

Enterra Insights

JUNE 12, 2018

A global survey focusing on cost, risk, and the evolving role of procurement in today’s supply chains conducted by riskmethods concluded reactive supply chain risk is no longer viable.[2] This is a huge blind spot for procurement teams and businesses in avoiding and mitigating major disruptions.” Footnotes. [1]

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Prescriptive Analytics Software Supply Chain Planning Software 100

HICX Solutions

FEBRUARY 26, 2020

In fact, according to a survey carried out by PayStream Advisors , 39% of enterprise-level (companies with revenues greater than $2bn) procurement and sourcing professionals listed ‘increasing supply chain efficiency’ as their main aim when it comes to managing suppliers. What makes us sure about this?

Optimal Sourcing 40

Optimal Sourcing Supply Chain Network Software Procurement Sourcing Strategies 40

Logistics Viewpoints

MAY 27, 2021

In fact, the on-demand industry was estimated to account for $75 billion in 2018. [1] In a McKinsey surveyed, 59% of participants stated that a lack of executive vision was a significant obstacle to the digital transformation of their organization. [2] A recent survey by PWC demonstrated that the most innovative supply chain leaders ?

Optimal Sourcing 234

Optimal Sourcing Logistics Network Optimization Software Supply Chain Software Modeling 234

Supply Chain Game Changer

FEBRUARY 5, 2020

As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digital ecosystems procurement teams are so eagerly trying to build. A person, utterly exhausted with seeing those two letters: AI.

Supply Chain Risk Management 73

Supply Chain Risk Management Risk Management Supply Chain Software Gartner 73

Material Handling & Logistics

APRIL 7, 2018

Although the latest 2018 Salary Survey results found only 2% of the total population of supply chain professionals are in their 20s (the same percentage as in 2017), the gender breakdown of the Millennials recognized in this year's 30 Under 30 program was 18 males / 12 females, for a much more reasonable 3:2 ratio. Media Image.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Pharmaceutical 69

Jaggaer

MARCH 2, 2020

The latest Supply Chain Resilience Report published by the Business Continuity Institute in partnership with the Chartered Institute of Procurement & Supply (CIPS) provides some fascinating insights. A total of 352 respondents from 63 countries participated in the survey. Number of disruptions 2018 Disruption Levels 56.5%

Supplier Management 103

Supplier Management Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 103

Enterra Insights

OCTOBER 31, 2023

Journalist Nate Delesline III reports, “Prosper Insights & Analytics surveyed about 8,000 people and found that 73% of them said they plan to participate in Halloween-related activities this year. ” IndustryWeek, 29 October 2018. [4] billion dollars celebrating Halloween this year. That’s up from 69% in 2022.”[1]

S&OP 130

S&OP Scenario Planning Predictive Analytics Supply Chain Planning 130

CH Robinson Transportfolio

SEPTEMBER 28, 2021

My answer to this question for shippers procuring long-distance (outside of a given metropolitan area) dry van transportation, for both truckload and less than truckload (LTL), is that approximately 25,000 truck drivers are needed. for Q2 2021, relative to Q2 2018. A few caveats about these data are in order.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

Enterra Insights

AUGUST 11, 2022

“In a recent survey from Gartner, conducted from December 2021 to January 2022, it was found that 27% of supply chain leaders have conducted a climate change risk assessment to identify their most critical supply chain risks.”[7]. … One of the reasons cited by executives on why they weren’t prepared? Denial of risk.”[6]

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Supply Chain Planning 130

ivalua

NOVEMBER 10, 2020

Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 130

LevaData

APRIL 24, 2019

The sourcing and procurement industry is facing a daunting challenge. According to our Cognitive Sourcing Survey 2018, a substantial majority (85%) of senior executives involved in direct material spend agree that companies must devise a data-driven, digitally-assisted procurement strategy to match the competition and compete in the industry.

Modeling Software 40

Modeling Software Demand Planning Software Sourcing Strategies Material Savings 40

Supply Chain Shaman

MARCH 3, 2018

Instead, companies need to build it into digital process redefinition like digital path-to-purchase, digital procurement, digital agriculture, digital manufacturing or digital service. Correlations between Quantitative Survey Data and Balance Sheet Analysis. .” This takes many forms. It is not sufficient to just digitize data.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness.

Agile and Lean Supply Chain 89

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 89

Enterra Insights

OCTOBER 10, 2018

” Peter Smith adds, “We’ve probably come to a point where pretty much every sentient senior procurement person understands how important supplier and supply chain risk is — to us as professionals, to our organizations, even to the wider economy and society. Companies ,” Bloomberg Businessweek , 4 October 2018. [3]

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

Talking Logistics

NOVEMBER 10, 2017

This week, for example, CCJ reported that “60 percent of fleets running between 1 and 100 trucks have yet to adopt ELDs, according to a recent survey conducted by CarrierLists.” According to the survey results, only 33 percent of small carriers have fully integrated ELDs into their fleet.

Logistics Network Optimization Software 0

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GlobalTranz

NOVEMBER 19, 2018

[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. GET YOUR COPY HERE. Download White Paper.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

NC State SCRC

SEPTEMBER 22, 2019

Our most recent study completed by the Supply Chain Resource Cooperative in 2018 suggests that the majority of senior management may not be completely aware of the impact of poor data quality on decision support systems, though a majority perceive that their competitors may be surpassing them in the application of data-based decision-making.

Quality 40

Quality Data Supply Chain Software Analytics Software 40

EcoVadis

JANUARY 3, 2020

Above all, our readers showed an interest in original research related to sustainable procurement: They wanted to know how the field was changing, what their peers were doing to drive innovation, and which best practices were being standardized on. The 2019 Sustainable Procurement Barometer: From Compliance to Performance.

Sustainability 40

Sustainability Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 40

Supply Chain Brain

APRIL 30, 2019

A 2014 Deloitte survey found that 69 percent of chief procurement officers saw cost reduction as their main priority over the following 12 months. In 2018, the same survey showed that the number had jumped to 78 percent.

Cost Reduction Strategies 68

Cost Reduction Strategies Procurement Survey 68

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. An organization with McDonald’s global footprint is likely able to apply global agile procurement frameworks, and solve supply-demand challenges more effectively during abnormal circumstances.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121