NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

ToolsGroup

APRIL 1, 2022

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

AUGUST 8, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. This index was reported as 1.84 reported for June, and 2.59 reported for May. percentage points from the reported reading of 65 in June. PMI reports for July.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Supply Chain Matters

MAY 15, 2024

is making investments to enhance domestic sourcing and production within noted strategic and economic industry sectors. Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses. ” percent to 25 percent in 2024.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Network Software Sourcing Strategies Price Reduction 52

crisp

SEPTEMBER 29, 2023

Today, we’re taking a glimpse into the world of Settle, an innovative cash flow management company that is revolutionizing how businesses manage their financial workflow and streamline their purchasing. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

NC State SCRC

DECEMBER 30, 2018

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. What is digital governance and stewardship?

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Zipline Logistics

MAY 25, 2021

over 2019—a significant leap in the face of much uncertainty during the first quarter of the year. Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

Supply Chain Matters

AUGUST 30, 2023

He later resigned from the EV automaker in 2019 to assume leadership of the start-up. Redwood has indicated a commitment to solving the ability to source battery anode and cathode components in the United States and producing them from an increasing amount of recycled content. Former investment partners reportedly also participated.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 59

Enterra Insights

MAY 31, 2022

But in an increasingly digital world, extending beyond enterprise boundaries from sourcing to customer engagement is now essential to achieve sustained competitive advantage.”[3]. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[3]. ”[8].

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

JDA software

JANUARY 8, 2019

According to a recent eMarketer report , almost 70% of retailers used Instagram for marketing last year while 28% used Snapchat. More consumers are using social media to research their purchases. From their social feeds to eCommerce, more customers are buying products right from the source.

Supply Chain Planning Software 86

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 86

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

DECEMBER 30, 2021

Let me start this blog by asking, “Shouldn’t you be worried too?” So, I write this blog with this bias. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. I expect disruption.

Supply Chain Design Software 441

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 441

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. ” I smiled and thanked her for her contribution to my blog.

Customer Service 300

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 300

Supply Chain Matters

MARCH 28, 2024

The Supply Chain Matters blog provides an updated news capsule follow-up relative to supply chain management and industry developments that we have shared previously on this blog. The company reported a cash balance of slightly over $325 million at the end of 2023. billion reported for 2022. billion, compared to $2.6

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Procurement Analytics Supply and Demand 52

Logistics Viewpoints

DECEMBER 1, 2022

There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. Despite many calling for U.S.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively. ”[5].

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Enterra Insights

SEPTEMBER 14, 2022

. … The most important one is that there is a need to not only look at the demand side but to also look at the supply chain when one wants to improve the customer experience, especially when the customer intention is a purchase.”[2] ”[3]. Bill Hobbs ( @hobbs_bill ), Founder of Mt. ”[7]. ”[9]. Footnotes. [1]

Gartner 130

Gartner Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 130

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Previously, the company’s initial Chief Operating Officer departed at the end of 2019. Executive Departures.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

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. This raises the question…. Is COVID19 the death of Global Supply Chains?

Agile and Lean Supply Chain 121

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

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Predicting outcomes.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. The concept of shared services was introduced in the 1980s, when a number of large companies with multiple business units began looking for ways to reduce their administrative costs.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

BlueYonder

JANUARY 8, 2019

According to a recent eMarketer report , almost 70% of retailers used Instagram for marketing last year while 28% used Snapchat. More consumers are using social media to research their purchases. From their social feeds to eCommerce, more customers are buying products right from the source.

Supply Chain Planning Software 40

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 40

DynaSys

APRIL 16, 2020

In 2019 the Coca-Cola Company was named The World’s Most Polluting Brand in a Plastic Waste Audit[i]. The most recent KPMG Survey of Corporate Responsibility Report[iii] found that 93% of the world’s largest global 250 companies are publicly declaring sustainability and corporate responsibility standards. Brand Protection.

Supply Chain Design Software 95

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Manufacturing Procurement 95

Enterra Insights

JANUARY 14, 2021

Though they may send newsletters, run blogs, and push out various content on social media platforms, what businesses need to account for most is that the heart of building and developing an enterprise requires an equal investment in customer service.”[2] Second, data can help you see your customers entire path-to-purchase journey.

Customer Service 100

Customer Service Analytics Software Predictive Analytics Software Modeling Software 100

Supply Chain Trend

JUNE 29, 2023

It requires planning highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce. It must be able to read multiple data sources and dynamically update those sources if required.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 60

New Horizon Supply Chain Blog

AUGUST 1, 2022

Supply planners routinely plan purchasing, manufacturing, and outbound shipments based on detailed parameters relating to inventory levels, purchasing lead times, and manufacturing capacity. Costs have increased about 60% since before the pandemic. Source: Data from the Federal Reserve Board of St.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 52

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

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.”. A recent report by Morgan Stanley highlighted the growing importance of data, as well as the huge investments companies are making as a result. “In

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 93

Supply Chain Matters

JUNE 5, 2023

Supply Chain Matters provides our monthly highlights commentary reflecting on May 2023 reported global and regional PMI indices. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported value of 49.6 was unchanged as that of April as well as March. in April to 58.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 52

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Who are our best suppliers?

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Supply Chain Shaman

DECEMBER 30, 2021

Let me start this blog by asking, “Shouldn’t you be worried too?” So, I write this blog with this bias. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. I expect disruption.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Game Changer

APRIL 4, 2019

Where does Procurement stand in your organization’s Value Chain? I speak with Procurement, Sourcing and Purchasing professionals every day, from various globally functioning organizations, and there’s a resounding similarity in every one of those conversations…. Procurement is?—?still?—?largely Service ?—?includes

Procurement Solutions 60

Procurement Solutions Procurement Analytics Purchasing Skills Supply Chain Planning Software 60

Enterra Insights

OCTOBER 7, 2020

… To respond to the fluid nature of users’ understanding of their problems, the cognitive computing system offers a synthesis not just of information sources but of influences, contexts, and insights. Cognitive analytics also enable autonomous analysis and response, freeing up manpower to work on more value-adding activities.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 100

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130