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. Reduce energy-related costs and drive down operating expenses by using more recyclable materials.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

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. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 171

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

ivalua

NOVEMBER 30, 2022

Redwood City, CA – November 30, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a Leader in the 2022 Gartner “ Magic Quadrant for Procure-to-Pay Suites ” for the 4th consecutive year. Global Media Contact. I’d like to thank our teams, our customers, and our partners.”.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 130

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Supply Chain Movement

SEPTEMBER 26, 2016

Global P2P departments are still on the journey towards true touchless end-to-end purchase-to-pay function. Get experience on Lean and Six Sigma in indirect procurement. IKEA looking at Lean / Six Sigma for P2P indirect process. Venue: Amsterdam, the Netherlands. Organiser: marcus evans Conferences.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

Precoro

APRIL 22, 2024

The survival rates depend on country, industry, and current market conditions, but these general trends are observed globally. They oversee regulatory reporting requirements, such as filings with government agencies and regulatory bodies, and ensure that the organization operates within legal and ethical guidelines.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

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

ToolsGroup

SEPTEMBER 20, 2022

How can the modern manufacturing company leverage an AI application to remain competitive despite increasing globalization, geopolitical disruptions, recurring supply chain interruptions , and pandemics? As competition increases, companies worldwide focus on delivering quality products through lean manufacturing strategies.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Automation of the supply chain has resulted in resources (i.e.,

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

ModusLink Corporation

DECEMBER 13, 2022

It’s easy to tie everything back to COVID-19, but the reality tells a different story of continuous and cross-global disruption. Still, accessorials may remain as they aren’t subject to the same lowering of typical per-mile costs (Flat World Global Solutions). Cross Global Visibility & Data Will Remain Critical.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. We have used Lean process systems and swim-laned ourselves to death. They are primarily focused on cost management on new purchase decisions.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Kinaxis

MARCH 6, 2018

I joined a supply chain software company while Gagan joined a large global manufacturer and quickly grew through the ranks to be the vice president of supply chain IT in his company. Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey.

Agile and Lean Supply Chain 149

Agile and Lean Supply Chain Supply Chain Planning Software Analytics Software Predictive Analytics Software 149

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

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 Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! But even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be. There are no cashiers.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. The globalized supply chain won’t disappear but it will certainly change. It ties into the ERP system where quotes and purchase orders are managed.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

SCMDOJO

JANUARY 30, 2023

During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Software Sourcing Strategies Agile and Lean Supply Chain 118

ThroughPut

MARCH 23, 2020

Working under global quarantines puts operations managers squarely in front of the bigger challenge of maintaining output with hundreds of variables and now less reliable assumptions in the equation. Individuals usually operate in a pretty lean fashion. In my current role at ThroughPut Inc.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

Working under global quarantines puts operations managers squarely in front of the bigger challenge of maintaining output with hundreds of variables and now less reliable assumptions in the equation. Individuals usually operate in a pretty lean fashion. In my current role at ThroughPut Inc.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

Supply Chain Matters

OCTOBER 7, 2022

Supply Chain Matters calls reader attention to a published report that indicates for one retailer, the sudden shift in consumer demand this year may not have been that sudden. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

Kinaxis

MARCH 6, 2018

I joined a supply chain software company while Gagan joined a large global manufacturer and quickly grew through the ranks to be the vice president of supply chain IT in his company. Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey.

Supply Chain Planning Software 111

Supply Chain Planning Software Agile and Lean Supply Chain Analytics Software Predictive Analytics Software 111

GlobalTranz

DECEMBER 7, 2015

The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. E-Commerce for Manufacturing.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Requis

MAY 22, 2020

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Meanwhile, salespeople for suppliers were trying to work around procurement. Almost all the student projects were related to analytics. Analytics is key. A supplier in China with 16-week lead times is NOT Lean!

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

GlobalTranz

JANUARY 4, 2016

In today’s global and connected economy, digital supply chains are the on-ramp to innovation and success. The good news is that emerging trends hold opportunities to reduce both costs and carbon footprints, and enable exceptional customer service at the same time.”. 2016 Supply Chain Trend #5: Agile = The New Lean.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Supply Chain Shaman

FEBRUARY 18, 2013

This data will be combined with the financial ratio data and published in an Open Content Research report in April on the Supply Chain Insights Community. Current State: Costs are rising. They can also start measuring cost-to-serve and applying Lean principles to improving the extended supply chain. Improve Visibility.

Pharmaceutical 169

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 169

Unleashed

MARCH 31, 2021

We live in a global economy and that has made the supply chain all the more important – these days partner companies could be anywhere in the world, facing any number of challenges. A lean business looking to build efficiencies would do well to try and improve this metric. How to calculate: Total transportation costs (i.e.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting predicts future customer demand using historical data and market analysis. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

ThroughPut

JUNE 4, 2020

Also in 2015, the global cost of overstocking goods was $470 billion , while the cost of under-stocking was more than $600 billion. With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Also in 2015, the global cost of overstocking goods was $470 billion , while the cost of under-stocking was more than $600 billion. With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Lack of automation.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. We spoke about the onslaught of data and the need for people with analytics skills. The S&OP process 3-4 years ago didn’t lean on that as much as it does now.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. As a metric, it’s the time you budget to manufacture each part or component. This metric represents the amount of time you lose when switching a production line from one product to another.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52