BidMode to join the EC Sourcing Family

EC Sourcing Group

October 13, 2020 / EC Sourcing Group, a leading global provider of SaaS sourcing technology solutions, has announced its acquisition of procurement solution provider, BidMode, with full terms of the merger remaining confidential. About EC Sourcing Group. Morristown, N.J.,

eWorld Procurement & Supply – 22 September 2015

Supply Chain Movement

The UK’s most comprehensive business forum for Procurement, Sourcing and Supply Chain Technologies. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Intelligent sourcing & risk management. eWorld Procurement & Supply. Date: 22 September 2015. Venue: QEII Centre, London. Organization: Revolution Events. URL: [link].

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Is the FAR getting in the way of Early Supplier Involvement in defense projects?

NC State SCRC

At that point, production and system operations commence (DSMC, 2001). defense firms tend to follow a traditional “white box” sourcing approach, as shown in this figure. Much of the sourcing behavior involved in standard defense industry practices is tied to establishing “price reasonableness” in accordance with FAR 15.403 (FAR, 2005). Product development within the U.S.

The Ethical Shopper: A Myth?

SCM Research

It has often been assumed that one of the characteristics of SCM philosophy is “a customer focus to create unique and individualized sources of customer value, leading to customer satisfaction” ( Mentzer et al., 2001 ). This assumption has led to business models like Primark, which aim to satisfy customer needs for fashion by making incredibly cheap garments available – so cheap that many teenagers nowadays are used to throw them away after just two weeks.

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Resource-based Theory vs. Supply Chain Management

SCM Research

There is an ongoing debate in supply chain management research about whether or not resource-based theory suggests that supply chain management can be a source of sustained competitive advantage for a firm. Among those who have denied this suggestion is Ramsay (2001) , whereas, in his recent essay, Barney (2012) has argued that SCM can, “at least in some settings”, be such a source.

How to Find Business Opportunities Amid the Coronavirus Supply Chain Crisis

ToolsGroup

Apple launched the iPod in 2001 during the dot.com bubble. Many people don’t shop around once they have found a reliable source. Here are ideas for grasping opportunities in the midst of the Coronavirus supply chain challenges. The coronavirus’ supply chain and business impacts are being felt around the world and in our backyards: this strange time is slamming markets, causing confusion and changing patterns of normality.

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eWorld Procurement & Supply

Supply Chain Movement

Since 2001, this acclaimed business forum has provided a unique insight into the latest developments in electronic commerce for senior purchasing, supply chain and finance executives. Intelligent sourcing & risk management. eWorld Procurement & Supply. Date: 3 March 2015. Venue: The Queen Elizabeth II Conference Centre, London, UK. Organiser: Revolution Events. URL: [link].

Not the Jetsons: 10 Use Cases for Cognitive Learning in Supply Chain

Supply Chain Shaman

When I was an analyst in 2001, I loved speaking to him. While the solutions are sourced from the same provider, each has a different data definition. Remember the Jetsons? While the Flintstones chronicled a stone age family with work powered by birds and dinosaurs, the Jetsons symbolized the future. The show aired with catchy music during the period of 1962 to 1987.

Should We Celebrate this Marriage?

Supply Chain Shaman

There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.) Founded in 2001, INTTRA was a joint venture between CMA-CGM, Hamburg Sud, Hapag-Lloyd, Maersk Line, MSC, and UASC. E2open is acquiring INTTRA pending federal approval.

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The Procurement Summit – 17 November 2015

Supply Chain Movement

The Procurement Summit provides senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The Procurement Summit. Date: 17 November 2015. Venue: The Midland Hotel, Manchester. Organization: Revolution Events. URL: www.procurement-summit.co.uk.

The procurement Summit 2016

Supply Chain Movement

Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The procurement Summit 2016. Date: 15 November 2016. Venue: The Midland Hotel, Manchester. Organization: Revolution Events. URL: www.procurement-summit.co.uk/.

An Empty Chair….

Supply Chain Shaman

In contrast, my vision of end-to-end is a supply chain that operates seamless and bi-directionally from the customer’s customer to the supplier’s supplier crossing over the processes of sell, plan, source, make and deliver. When I was a Gartner analyst in 2001, there were over 120 B2b platforms. There is no network that combines make, source and delivery capabilities in a consolidated network. Across from me, sits an empty chair.

Ivalua Launches Pre-Packaged Spend Management Solutions for Financial Services

ivalua

The new packages span the full source-to-pay process and enable financial services customers to become more agile with regulatory compliance and accelerate cost optimization to deliver further value to the business . Ivalua has a long history of serving Financial Services organizations, starting with its very first customer, Groupe BPCE, since 2001. Best practice financial services procurement capabilities now available for rapid deployment.

This Week in Logistics News (August 4-8, 2014)

Talking Logistics

The bodega and building as it appears today (source: Google Maps). Yes, many stores are still stuck in 2001 when it comes to their IT capabilities, and theyll need more than a flux capacitor to get back to the future. At the top of my family tree, the one planted here after my parents arrived from Cuba, youll find a small bodega nestled in the branches.

Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The goal is deeper analytics to sense and respond across make, source and deliver. Most companies use multiple B2b networks because they have evolved to serve a part of a supply chain–source, make or deliver within an industry–versus a value chain solution that can connect industries. Companies need a real-time data source on performance.

Where Does Cuba Rank in Logistics?

Talking Logistics

Source: Adelante SCM based on World Bank LPI data. Source: World Bank. Back in 2001, my friend and logistics expert Art Van Bodegraven traveled to Cuba as part of a logistics delegation. port authorities on high alert, as Mariel has been dredged to 58-feet – capable of handling the new generation of mega-carriers – and is well positioned to become an offshore manufacturing hub for companies seeking cheaper sourcing operations.

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Dr. Muddassir Ahmed on Innovation in Supply Chain Education

Requis

To me this feels like a white paper on competitive strategy about how supply chain is where you’re going to get the best source of differentiation, cost cutting and ultimately, improved thinking on product, sales and marking, HR, and everything else. Same thing with strategic sourcing, and other technical topics that have existed for twenty years and that I would call part of the hygiene factor. Muddassir has been a supply chain professional since 2001.

Sparking a New Conversation: Let’s Build a Network of Networks

Supply Chain Shaman

Looking back at history… When I was a Gartner analyst in 2001, I tracked over 400 trading exchanges. With cloud-based analytics, non-relational database open source code sharing and advancements in predictive, prescriptive and cognitive analytics, what is old, can become new again. ” Some data needs to move quickly and with high velocity using streaming data architectures, while other data sources can move in batch processes.

Taming the Supply Chain. Will It Ever Be Social?

Supply Chain Shaman

They would ask how social can impact their supply chain source, make and deliver processes. In 2001, Forrester and Gartner had also promised that the B2B supply chain exchange (marketplace) organizations would also transform the supply chain about the time of the ecommerce bust in B2B. The supply chain is knotted. It is unruly. It is complex. Will it ever be tamed through social?

LTL Carrier Profile: UPS Freight

The Logistics of Logistics

The latest addition to this portfolio includes LTL and truckload freight services, which complements UPS’s global capabilities to provide customers a single source for multiple modes of transportation. In 2001, UPS acquired Mail Boxes Etc., LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B in sales (estimated 2012). UPS Freight has 6.9% of the less than truckload (LTL) market.

Industry 4.0 and the Long Game

Enterra Insights

“Job openings have been growing at double-digit rates since mid-2017, and are nearing the historical peak recorded in 2001.” big data comes from many and diverse sources.” ” He lists a few of those sources: Product and/or machine design data such as threshold specifications. ” A good cognitive platform can deal with all those data sources and generate actionable insights that can be beneficial across the enterprise.

Businesses Must Take and Avoid Risks

Enterra Insights

You simply can’t read every news source in the world, every day, to make sure there aren’t any looming events that are going to disrupt your supply chain. Mapping out several futures, deciding how to respond to them and identifying the early signs that they might be coming about has been widely adopted by multinational firms, particularly after the terrorist attacks of September 11th 2001.” Risks are something with which every business must deal.

What About Them Apples?

Supply Chain Shaman

I have been an industry analyst covering the market– Gartner, AMR Research, Altimeter Group and my own company Supply Chain Insights– since 2001. Use The tactical planning horizon to make asset decisions, determine the best network design, design form and function of inventory, and establish sourcing strategies. Today hurricane Nate’s north winds are pushing against the bayous of Louisiana.

The worst Supply Chain practices must be confessed and not only by constraint

KEPLER Consulting

A range of bad practices are observed on the visibility provided to suppliers: Failure to share forecasts with the supplier: this bad practice causes suppliers to secure their lead time by prolonging it, which has a negative effect on the customer’s sourcing flexibility. Two examples among others are the manual sourcing process or asset management to be applied on future orders from the supplier. Sources Cachon G.P.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We dug that company out of terrible financial difficulty after the “internet bubble” burst in 2001. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. Subscribe Here! Email Address.

Machine Learning: Harder, Better, Faster, Stronger

DynaSys

In their 2001 hit “Harder, Better, Faster, Stronger”, Daft Punk demonstrated how using electronic music did not mark the end of human creativity but instead opened a new playground on which numerous artists have blossomed, to the benefit of all. Almost twenty years later, the title still echoes as the debate that opposes human and machine is louder than ever and these words are blamed for being a source of anxiety: Harder – Better – Faster – Stronger.

The use of machine learning to generate quick savings and gain in price consistency

KEPLER Consulting

Utilize benchmarking to identify gaps across BU/Regions and optimized sourcing strategies. Improve Sourcing Strategies through optimized supplier allocation per cluster. 45, 5-32 (2001)). The purpose of this article is to share our experience in the use of machine learning to generate quick saving opportunities and homogenize purchased pricing across business units / regions in large groups. Context and challenges within a multi-BU group.

Case Study: A Deep Dive Into Nestlé’s Supply Chain

AFFLINK

Focusing on Responsible Sourcing. During the supply chain analysis of Nestlé, it's immediately clear that responsible sourcing is a huge concern for the company. Nestlé's first major acquisition was Ralston Purina Company, a popular pet food maker, in 2001. Whether you're a fledgling start-up or a long-standing cooperation, this Swiss conglomerate displays the true importance of market research, responsible sourcing, product diversity, and going waste-free.

Why the Outlook for the Oil and Gas Market is Brighter than You Think

Requis

When I earned my business degree in 2001, supply chain was not available as a degree— it wasn’t even a very common term). We maintain a strong focus on providing a strong marketplace for our surplus buyers, and while many in our space have moved to digital marketing as their only source of driving activity, we have doubled-down and added Simon Lovett and Stacy Smith to our inside sales team.

The Mind-Boggling Complexities of Food Distribution (Why Optimization is Critical)

Talking Logistics

For example, here’s a description from a 2001 profile of Kroger’s food supply chain published by Louisville Business First : The frozen food portion of the order is assembled at 6:30 a.m. cost per pallet, trailer utilization rate, delivery frequency) to come up with the results summarized in the matrix chart below: Source: “Optimal Multi-Temperature Delivery Frequency for Small Format Stores,” Mayurpankhi Barooah and Seung Hwan Shin, MIT thesis, June 2015. “In

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How Your Business Can Survive (And Even Thrive) in a Recession

Unleashed

Fewer than 30% of businesses that lost market share in the downturn of 2001 were able to regain their positions, according to the Bain study. If you’re a manufacturer, you’d look at how your suppliers process their materials and how those materials are sourced and extracted. Can we truly call what we’re experiencing under Covid-19 a recession?

PKP ENERGETYKA ON TRACK TOWARDS FULL PROCESS AUTOMATION

ivalua

PKP Energetyka, launched the implementation of Ivalua’s state-of-the-art Procurement and Sourcing solution with the participation of OptiBuy. It has been operating since 2001 and belongs to one of the largest investment funds worldwide – CVC Capital Partners. began full operational activity as of 1 st October 2001, following a corporate restructure, commercialization and privatization of Polskie Koleje Pa?stwowe

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E-commerce and the Digital Path to Purchase

Enterra Insights

Wikipedia puts it well: ‘The dot-com bubble (also known as the dot-com boom, the dot-com crash, the Y2K crash, the Y2K bubble, the tech bubble, the Internet bubble, the dot-com collapse, and the information technology bubble) was a historic economic bubble and period of excessive speculation that occurred roughly from 1997 to 2001, a period of extreme growth in the usage and adaptation of the Internet by businesses and consumers.’

A Quick Glance Into The Logistics Market - March 2016

EFT

Source: US BEA). Source: US DOC & Census Bureau). Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . Source: Conference Board) (The LEI is a composite of 10 economic indicators that together create an analytic system designed to signal peaks and troughs in the business cycle. Source: US Census). Source: US Census). Source: U.S. Source: US Bureau of Labor Statistics.

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Andreas Gärtner of Nestlé on Forecasting: “Track the Mad Bulls!”

Supply Chain Movement

In 2001 Peter Brabeck, then CEO of Nestlé, recognised that as the company was getting bigger and bigger its size may become a liability. They know it is from an objective source and it’s accurate. Forecasting product demand will never by 100% perfect but it is possible to reduce the error of judgment. Nestlé is revitalising its Demand Forecasting process in Europe, relying on analytics to predict the demand for low-volatile products.