ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Ware2Go

JANUARY 7, 2022

As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. What is just-in-time procurement? The automotive industry, for example, has famously relied on a JIT manufacturing strategy (or lean manufacturing) since the 1950’s. Advantages. Disadvantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

QAD

APRIL 18, 2024

Complex dynamics shape the global automotive industry’s transition towards battery electric vehicles (BEVs). Despite these advances, Tesla’s recent engagement in procuring a record number of Chinese-made lithium-ion batteries have spotlighted the industry’s nuanced hurdles. automotive sector.

Material Savings 88

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 88

The Logistics of Logistics

MAY 26, 2023

ALOM operates out of 19 global locations to support its Fortune 500 customers in the technology, automotive, life sciences, and regulated industry sectors. About Hannah Kain Hannah Kain is President and CEO of ALOM, a supply chain company she founded in 1997.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

Supply Chain Shaman

SEPTEMBER 28, 2022

In this volatile world, efficient procurement led by a CFO is not the answer. Ford, historically has been an industry laggard in the automotive sector and, with this focus, will continue to be a laggard in the future. Results in the Automotive Industry for the period of 2012-2021. What is the issue?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

QAD

AUGUST 17, 2023

June, July and even August have traditionally been laid-back months in the automotive industry, between vacations and major OEMs’ summer shutdowns, but the action never stops here at the Auto Supply Chain Prophets podcast. Season 2 is now in full swing, but you can find a complete list here. Click here to listen to the full episode.

Supply Chain Software 92

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 92

Supply Chain Matters

FEBRUARY 20, 2024

A Systemic Corporate Culture Challenge We have highlighted for our readers specific business media commentaries that identify the perceived roots of these continual quality and production deficiencies. They are tenets which have been incorporated not only in automotive industry but other discrete manufacturing settings.

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

Arena Solutions

APRIL 23, 2024

Other laws exist to protect the operations of unmanned aerial systems when used for applications such as emergency response and law enforcement. Modified and/or new regulations are especially needed to address remotely piloted and autonomous UAM systems and privacy concerns. At the U.S.

Supply Chain Design Software 83

Supply Chain Design Software Optimization Software Manufacturing Procurement Optimal Sourcing 83

Supply Chain Shaman

APRIL 26, 2022

As a recent college graduate, he was chartered with running manufacturing discrete event simulation for an automotive company. In my world view, there is no technology or system today that helps companies successfully plan end-to-end from the customer’s customer to the supplier’s supplier. He was frustrated.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

The Network Effect

JULY 31, 2015

This transaction is represented by the “procure to pay” cycle. Thus at any point in the “procure to pay transaction cycle”, whether it be sending the PO, acknowledging receipt, committing the order, creating the ASN, order pick up, order in transit, order scheduled to factory, order delivery etc.,

Automotive 100

Automotive Manufacturing Procurement Procurement Solutions Supply Chain Software 100

Supply Chain Matters

AUGUST 29, 2023

Global auto producer Toyota encountered a “ systems related ” shutdown of auto production operations across Japan according to multiple news reports. The company statement provided to business and industry media sources indicates: “ It is our understanding that the malfunction of the system was not caused by a cyberattack.

Supply Chain Planning Software 59

Supply Chain Planning Software Inventory Management Software System Japan 59

The Network Effect

AUGUST 21, 2015

Earlier we discussed the fact that the “procure to pay” business transaction cycle includes transportation events such as tendering, pick up, in transit, dock scheduling and deliver along with full track and trace. The post Inbound logistics requirements for the new automotive supply chain appeared first on The Network Effect.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. Advantages.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Material Handling & Logistics

OCTOBER 30, 2018

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.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

QAD

MARCH 26, 2024

Complex dynamics shape the global automotive industry’s transition towards battery electric vehicles (BEVs). In the evolving landscape of automotive regulation, the Environmental Protection Agency (EPA) is at a crossroads, with significant speculation about adjusting its vehicle emission targets for 2026 and beyond.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 52

QAD

JUNE 8, 2021

The good news is, according to an April 2021 survey conducted by Automotive News Research & Data Center , 42% of automakers and parts suppliers say they will change the way they manage supply chain risk due to the current global shortage of microchips. Insufficient deployment of demand down through the supply chain.

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

ivalua

SEPTEMBER 13, 2021

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. This is followed by a lack of systems to enable effective, scalable collaboration. The study began in March 2021 and was completed in August 2021.

Policies 130

Policies Study Report Manufacturing Procurement 130

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

SCMDOJO

APRIL 22, 2022

In the past two years, the supply chain industry realized the system’s fragility and how operating failure in one country can negatively disrupt the entire chain. Globalization is deep-rooted in the system. The tokenization system will also improvise how inventories are managed in the supply chain.

Supply Chain Planning Software 137

Supply Chain Planning Software Pharmaceutical Supply Chain Software Supply Chain Planning 137

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

QAD

JUNE 23, 2022

With each podcast episode, we talk with automotive industry experts about a range of insightful topics, all focused squarely on the global automotive supply chain and its challenges. A strong IT system, automated tasks and data visibility benefit the supply chain even when disruptions occur.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 75

IQMS

JANUARY 21, 2021

From automotive components and parts manufacturing to producing recyclable plastics packaging and industrial products, achieve sustainable manufacturing excellence is proving to be a sure catalyst for driving greater revenue, reducing costs while making a positive contribution to the environment.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

ivalua

APRIL 20, 2023

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. In 2022, it generated a revenue of €4.400 billion. Learn more at www.ivalua.com.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Rail Software 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

QAD

JUNE 13, 2023

That includes front-end forecasting and planning, procurement, manufacturing, logistics and import/export. The region’s automotive market alone was valued at nearly $128 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of more than 7.1% through 2028. “A The benefits of this practice remain clear today.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Manufacturing Procurement 90

DELMIA Quintiq

JUNE 5, 2023

Virtual twins are not static models, but rather a responsive and connected system between the physical and the digital world. It’s an executable system, and it has a closed-loop connection between physical and digital systems.” This makes it very difficult to gather, consolidate, and aggregate information for digital twins.

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

EcoVadis

NOVEMBER 8, 2018

Modern slavery and poor working conditions are tough challenges to circumvent for any industry, and the automotive sector faces unique obstacles. Membership in the UNGC is the first step as it ensures actions of all automotive companies are cohesive and work toward common sustainable development goals. Sustainable Internal Practices.

Automotive 40

Automotive Sustainability Manufacturing Procurement Sourcing Strategies 40

The Logistics of Logistics

NOVEMBER 24, 2021

Trompeter graduated from Michigan State University with a degree in Supply Chain Management and began his logistics career working for a small 3PL concentrating in the automotive industry. BlueGrace specializes in LTL freight and has built much of their technology and support systems around the complexity of LTL.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Network Software Third Party Logistics 3PL 130

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

The automotive and farm equipment manufacturing giant’s Spares Business Unit (SBU) witnessed lost sales revenues due to stockouts and tight working capital as a result of high inventory investment. M&M SBU has been able to increase service levels by 10%, reduce customer response times by 40%, and grow business revenue by 10%. Challenges.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

Resilinc

MAY 18, 2021

As expected, the semiconductor shortage continues to plague the automotive industry with carmakers now expected to suffer losses of $110 billion in 2021, according to a widely reported estimate from Alix Partners. And, the long timeframes required to build new semiconductor fabs mean chip supply won’t be flowing anytime soon.

Cost Reduction Strategies 62

Cost Reduction Strategies Purchasing Skills Manufacturing Procurement Procurement Analytics 62

The Logistics of Logistics

JUNE 15, 2013

The Top 10 Transportation Management Systems. The answer almost always requires close scrutiny of a companies supply chain infrastructure and the status of its Transportation Management System (TMS). Transportation Management Systems. Pitney Bowes Package Management System. How do we streamline our supply operation?”.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Network Software Modeling Software Optimization Software 100

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! The Escort joined its fellow junk metal comrades in an automotive-parts junkyard a few miles away from my childhood home. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

QAD

FEBRUARY 20, 2024

From the automotive industry with both OEMs and Tier 1 suppliers, through to packaging companies supplying the CPG industry. Then there is the procurement of replacement materials / inventory. What’s more, only just over 50% took the “happy path” through the system. Stock loss isn’t selective on item size either.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

Resilinc

JANUARY 25, 2021

Resilinc’s EventWatch AI began alerting customers in October about a likely chip shortage and the impact it would have across the high-tech and automotive industries over the coming months. They’re essential to functions from touch-screen controls to collision avoidance systems.

Automotive 62

Automotive Manufacturing Procurement Industrial Industry 62

Supply Chain Shaman

SEPTEMBER 22, 2021

As such, they serve the business leaders as a system of record for planning information, but they do not serve the core user very well. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. Software robots need adult supervision through learning systems.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217