Remove Manufacturing Procurement Remove Procurement Remove Resources Remove Supply Chain Software
article thumbnail

Realizing the Value of Supply Chain Optimization for Tire Manufacturing

DELMIA Quintiq

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. The establishment of efficient global supply chains has become critical to competitiveness.

article thumbnail

7 Essential Procurement Processes & How They Work

Unleashed

The procurement processes you implement directly impact how efficiently the business operates. Conversely, the consequences can be disastrous if procurement lacks the right structure or planning. What is a procurement process? Strategy is extremely important in the procurement process. Let’s dive right in.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. Over the past three years, supply chain cycles shifted.

article thumbnail

Network Investment. Defining the ROI.

Supply Chain Shaman

The supply network–shipments and production of trading partners–represents over 70% of the environmental impact of supply chain decisions. Despite the importance, the investment in networks to automate the information flow between trading partners remains low. Many systems without interoperability.

article thumbnail

Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain.

article thumbnail

Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

Driving Sustainable Supply Chain Change. by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. In Asia, Governmental and Finance.

article thumbnail

The Top 5 Skills Every Procurement Manager Needs

Precoro

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?