Remove Automotive Remove Innovation Remove Metrics Remove Procurement Analytics
article thumbnail

How Automotive Companies Are Transforming Their Supply Chains, Part 2

BlueYonder

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

article thumbnail

Establishing Procurement as a Competitive Advantage

ivalua

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Stay Flexible.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Tips: A Guide to Mastering Procurement

Material Handling & Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

article thumbnail

The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

article thumbnail

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

fashion, automotive, spare parts, airlines). Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g.

article thumbnail

Seeing Beyond the Firewall

Supply Chain Shaman

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. Sadly, I find each to have a limited view of supply chain analytics. The processes are largely batch, using data with great latency (orders and purchase orders). A Critical Review of the Contract Manufacturing Model.

article thumbnail

Building Outside-In Processes

Supply Chain Shaman

When you think about the product lifecycle from cradle-to-cradle through the moments of truth of purchase, usage, and disposal, what are the opportunities to improve corporate social responsibility? The DuPont supply chain supplied products and services into the housing and automotive supply chains. Bio-engineering? Customization?