Supply Chain Shaman

APRIL 18, 2023

Over four-hundred days of war in Ukraine. Growing tensions between China and trading partners. Unrest in Sudan. The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. ” I feel like we are riding a gondola in the middle of an intense snowstorm.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021.

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

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 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

ivalua

SEPTEMBER 25, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

Buyer Training 188

Buyer Training Optimal Sourcing Procurement Analytics Software 188

The Logistics of Logistics

DECEMBER 1, 2023

Mark McEntire and Joe Lynch discuss scaling a FreightTech business. Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS). About Mark McEntire Mark McEntire is the Chief Executive Officer at Princeton TMX, a SaaS-based transportation management system (TMS). Hunt Transport, Inc.

Optimal Sourcing 217

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 217

Silvon Software

APRIL 1, 2024

Requests for custom reports or dashboards by business leaders are met with lengthy development times by IT or external analysts, resulting in single-use reports that are limited in scope. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

ivalua

MARCH 1, 2022

In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . We expect procurement organizations will continue to enhance visibility, agility, and capability. .

Negotiating Skills 130

Negotiating Skills Negotiate Pricing Modeling Software Price Reduction 130

My Office Apps

JANUARY 16, 2024

In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Operational Excellence with Cloud-Based ERP Procurement Management Efficiently manage your procurement processes with ERP.

Optimal Sourcing 86

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics 86

SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

The Logistics of Logistics

JANUARY 11, 2023

Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend. As shippers struggle to comply with carbon mandates and Scope 3 emissions reporting, 3PLs, brokers, and shippers will be expected to become more sustainable.

Analytics Software 191

Analytics Software Logistics Network Optimization Software Freight Rail Software 191

The Logistics of Logistics

JULY 27, 2022

Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Mark McEntire and Joe Lynch discuss the secret sauce.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Supply Chain Network Software Analytics Software Modeling Software 185

The Logistics of Logistics

DECEMBER 6, 2023

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. That is why industry leaders like J.P.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Logistics Analytics Software Gartner 222

Supply Chain Shaman

SEPTEMBER 27, 2021

I volunteered to write a report on supply visibility. We never published the report. In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). Building Supplies. The list goes on and on. Supply chain shortages abound. Reflection. Reflection. The reason?

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Precoro

AUGUST 14, 2023

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?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Shaman

APRIL 26, 2022

My imagination goes wild when I see new forms of analytics. Recently, I presented at the Informs Analytics Conference in Houston and challenged companies to “ think out of the box” and define outside-in processes in Supply Chain Planning. Always as a non-conformist, I pushed the edges and challenged boundaries.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying? By how much?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. A Blueprint for Demonstrating the value of Strategic Procurement.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

Optimal Sourcing 130

Optimal Sourcing Study Procurement Supply Chain Planning Software 130

Enterra Insights

AUGUST 15, 2023

Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1] They are: • Driving Innovation with Data Analytics. Wondering what in the world did I do?”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Accordingly Supply Chain and Procurement will need continuous collaboration.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Cost Optimization : Commodity prices in the energy sector can be highly volatile.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. UPS saves time and money at a level worth reporting on earnings calls, but they are also more sustainable. UPS saves time and money at a level worth reporting on earnings calls, but they are also more sustainable.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

ivalua

DECEMBER 17, 2019

Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations. See the report for specific steps to accomplish this.) .

Data 130

Data Optimal Sourcing Gartner Procurement 130

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. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Eyvo

MARCH 20, 2019

Reporting and Analytics in Procurement. When organizations adopt digital procurement, they look at it from a cost savings perspective but eProcurement goes way beyond that as we have discussed in our previous blog ‘Procurement Beyond Savings’. Let us look at the importance of reporting. by Bhargavi Nake.

Procurement Analytics 58

Procurement Analytics Procurement Solutions Analytics Software Analytics 58

ivalua

JUNE 6, 2022

Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. The 2021 report marked the fifth time they have completed this study and released the results. But we can take a simpler approach to data quality – one that puts the information in context.

Optimal Sourcing 130

Optimal Sourcing Procurement Data Pharmaceutical 130

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

According to research from McKinsey & Company, the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level. Internet of Things.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Procurement Academy

OCTOBER 18, 2023

The challenge Following the appointment of NXP’s Chief Procurement Officer, Jeff Wincel , a new global strategy was implemented that included a pillar dedicated to ‘people and success’. As part of this important pillar, a professional development program was created to transform the procurement department.

Case Study 52

Case Study Negotiating Skills Study Buyer Training 52

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry. Real world, meet data.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Optimal Sourcing 154

Optimal Sourcing Negotiating Skills Procurement Analytics Software 154

Logility

SEPTEMBER 16, 2020

However, with a simple software-based supplier reconciliation process using procurement analytics in place, an organization can automate this cumbersome process to save hundreds to thousands of man hours every year. The GR-NI issue is time-consuming to manage but not exactly mission critical to finding new business.

Analytics Software 130

Analytics Software Optimal Sourcing Analytics Procurement 130

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. The consumer goods industry may have experienced tremendous growth, but figuring out what consumers want is an ever-evolving puzzle.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

ivalua

SEPTEMBER 25, 2020

The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement transformation has widened the digital skills gap.

Buyer Training 100

Buyer Training Optimal Sourcing Analytics Software Procurement 100

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns. 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