Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Synovos

AUGUST 21, 2023

RS Integrated Supply is committed to making safety the number one priority in everything we do,” said Brandon Coombs, Senior Vice President, Operational Excellence. Contact Us The post RS Integrated Supply Earns Silver Award for Safety Excellence – RoSPA Recognition 2023 appeared first on RS Integrated Supply.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Optimal Sourcing Procurement Solutions 52

Supply Chain Shaman

SEPTEMBER 13, 2023

Unfortunately, the industry is full of a lot of Anna(s) and her friends, the doubting Thomas (s). In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. Or planned orders to purchase orders?) I think so.

Supply and Demand 375

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 375

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends? of pet owners?tended

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. As an industry, we struggle to embrace new ways of thinking. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase. Evolution is messy.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Jaggaer

MARCH 30, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. Sourcing with Big Data. Walter Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

Negotiate Pricing 108

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 108

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. Share on Twitter. Big Opportunity Ahead.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Supply Chain Shaman

NOVEMBER 21, 2022

So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. Self-driving supply chains are an example. Were the plans feasible?

Supply Chain Planning Software 291

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 291

The Logistics of Logistics

JUNE 27, 2022

As a retained executive search consultant, he built C-suite leadership teams for clients in a variety of industries. iDev Partners provides growth and turnaround services to owners and executives of small and medium-sized automotive, industrial, and technology businesses. Trend #2: Near sourcing and shorter supply chains.

Trends 174

Trends Supply Chain Software Supply Chain Scenario Planning 174

Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

SCMDOJO

JUNE 21, 2023

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. Furthermore, industries such as food, hospitality, construction, infrastructure, and even government sectors are gradually adopting SCaaS for improved outcomes.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Unleashed

JULY 25, 2021

From reducing the quantity of on hand foodstuffs to JIT inventory control – or less food delivered more frequently – optimising inventory control assists businesses to better manage food waste and reduce it at the source. Industrial food waste management. Coffee waste is also an excellent substrate for mushroom cultivation.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Supply Chain Shaman

JUNE 7, 2021

AMR Research was an industry analyst firm in Boston. Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. I did not think that anyone had a clear definition of supply chain excellence. I argued for industry collaboration to define and drive process innovation. I disagreed.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Logistics Viewpoints

DECEMBER 12, 2022

Jeff Baker, Vice President of Shared Services at Myers Industries. Myers Industries Implements John Galt Solutions. Myers Industries (NYSE: MYE) is headquartered in Akron, Ohio in the United States. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Supply Chain Game Changer

OCTOBER 12, 2022

Other than the purchasing power, Covid has also shifted our buying behaviors, turning upside down what used to be typical when purchasing goods. The following are a few changes the marketing industry is undergoing now. Locally-sourced products will become viral. What else has Covid-19 given rise to?

Eliminating Excel in Purchasing 117

Eliminating Excel in Purchasing Resource Reduction Sourcing Strategies Cost Reduction Strategies 117

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. What to do?

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Days of Inventory by Industry Across Years.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Jaggaer

MARCH 18, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. Sourcing with Big Data. Walt Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Vinculum

JANUARY 19, 2021

The logistics industry therefore continues to find ways to make their companies supply chain stand out from the crowd. The fact that 70% of 3PL companies are still limited to using manual paper-based methods and basic tools like Excel to operate, underlines how much of a challenge technology adoption remains. 3PL warehouses must?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software 98

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. Current State of Visibility.

Supply Chain Planning Software 324

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 324

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. He is a frequent contributor to industry forums, publications, and blogs. Subscribe Here!

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. What to do?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. The electric vehicle , plant-based protein products and vertical farming are just a few innovations stemming from being able to use data better that are transforming industry. Consumers want traceable and ethically sourced ingredients.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

ivalua

OCTOBER 13, 2022

Gaining access to valuable supply chain information can prove a vital source of competitive advantage and help procurement teams contribute to achieving a range of business objectives, in particular improving ESG and increasing supply resiliency”, he added. About the research. About Ivalua. Find out more at procurementleaders.com.

Procurement Analytics 130

Procurement Analytics Procurement Solutions Supply Chain Planning Software Optimal Sourcing 130

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Somewhat nailed it. Let me know.

Predictive Analytics Software 199

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

ivalua

OCTOBER 13, 2022

This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supply chain managers. To reach net zero emissions from homes, transport, agriculture and industry will need to be cut. There are 15 defined Scope 3 categories : Purchased goods and services.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Waste Reduction 130

Supply Chain Shaman

FEBRUARY 16, 2024

The first was that the industry would be short 60,000 planners in five years, and the second was that GenAI is like having a junior planner working in concert with a senior leader. The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align.

Supply Chain Planning Software 378

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 378

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I We source this data from Y charts.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246