o9 Solutions

DECEMBER 3, 2021

The chemical’s industry is no different, as its value chain—from raw material sourcing and shipping to production—has been impacted by disruptions and ripple effects due to the COVID pandemic. An additional factor in the volatility is that many downstream industries rely on chemical companies for their production processes.

Chemicals 52

Chemicals Modeling Supply Chain Planning Software Scenario Planning 52

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Sustainable procurement is one of the four themes of our assessment; it has its own theme score and is included in the overall rating.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). His first position was with Air Products and Chemicals in finance, and he quickly became bored with it.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Procurement Academy

FEBRUARY 6, 2024

Sustainable Procurement Practices A sustainable procurement practice is one that appropriately integrates environmental, social, and governance factors into the core of the process. There isn’t a one-size-fits-all approach, with each organization needing to analyze its procurement practices to see where the most impact can be made.

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59

NC State SCRC

JULY 28, 2019

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. Dow Chemical, for example, considers environmental concerns a critical feature of its policies and procedures.3

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 40

EcoVadis

FEBRUARY 28, 2018

The complexity of the electronics supply chain leads to a variety of sustainability issues, including unfair labor practices, presence of harmful chemicals and conflict minerals. Sustainable procurement offers benefits for all parties – it delivers customers safe, ethically sourced products, and reduces overall supply chain risk.

Electronics 63

Electronics Optimal Sourcing Sustainability Resource Reduction 63

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Need I say more?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Talking Logistics

JANUARY 8, 2018

Supplier viability is a major concern of supply chain leaders and procurement professionals today when committing their direct materials to specific trading partners,” said David Cahn, Director of Product Marketing at Elemica , in a recent episode of Talking Logistics. Do we have the right Service Level Agreement metrics in place?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. This will allow you to track certification status, trace products back to their origin, and ensure that materials are legally sourced and ESG-compliant.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. This will allow you to track certification status, trace products back to their origin, and ensure that materials are legally sourced and ESG-compliant.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Talking Logistics

OCTOBER 27, 2016

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. No matter what sector your business is in, you will source across dozens or even hundreds of purchasing categories, particularly when you consider indirect spend where many risks can be hidden. which can vary by geography.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

EcoVadis

OCTOBER 17, 2017

million metric tons this year. These countries often don’t have the infrastructure required to ethically or efficiently handle waste recycling, leading to a buildup of harmful chemicals that affect populations near dumping sites. It is estimated that e-waste will be the fastest growing waste type, reaching 48.2 Even as the new U.S.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

EcoVadis

JULY 11, 2016

This workshop brought together Global Compact LEAD companies and other members convened to define and bring urgency to sustainable procurement, and to discuss how they can motivate and mobilize their companies to address this next frontier in Corporate Social Responsibility (CSR) progress.

Procurement Analytics 40

Procurement Analytics Sustainability Pharmaceutical Supply Chain Strategy 40

Supply Chain View from the Field

MARCH 13, 2015

Looking at vegetable oils, with a global population of 7B people, each consuming the recommended 40g of dietary fat per day, 365 days per year, would require just over 100M metric tons of oil. We are currently according to the USDA producing over 160M metric tons of refined vegetable oil alone.

Sourcing Strategies 60

Sourcing Strategies Food Haiti Forecasting 60

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., For example, supplier sustainability performance is an important criterion in sustainable sourcing decisions. WMS and TMS).

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

OCTOBER 6, 2013

It senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time latency to align sell, deliver, make and sourcing functions. When this happens, there is greater balance between metric trade-offs and resiliency in year-over-year improvements in corporate performance.

Supply Chain Network Software 225

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 225

Supply Chain Shaman

AUGUST 3, 2016

This includes companies like BASF, Clorox, Eastman Chemical, J&J, Kimberly-Clark, Mondelez, Nestle, P&G, and Unilever. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. Process Integration Across Functions.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

Material Handling & Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. One thing to keep in mind about who qualifies for consideration is that only big public companies are included in the rankings, and by “big” we mean they need to have sales of $12 billion or more. Media Type. Media Credit. Privacy Settings. anonymous user.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

6 River Systems

JULY 25, 2019

Companies have been in a “wait and see” mode for the last three to six months with regard to this, and now their procurement and supply chain leadership are being forced to find new and creative ways to handle the purchasing and movement of goods on a global scale. Lu Siqi Lu Siqi is a Supply Chain Manager at SK Chemical in Shanghai.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96