Unleashed

OCTOBER 6, 2021

KPIs can consider factors like turnover, costs, relationships with suppliers, and other metrics. Learn more: Separating Your Metrics and KPIs: What They Are and How They Differ 14. An example of joint procurement can be found in the EU’s Joint Procurement Agreement (JPA), set up in 2014 to procure medications to deal with pandemics.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. So, what are some of the data challenges the industry faces? Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

EcoVadis

NOVEMBER 5, 2017

Bringing Circular Economy (CE) into the Information and Communication Technology (ICT) industry effectively targets two major fields: products and equipment (waste and consumption) and internal operations and networks (energy and data). The United Nations University estimated that the total amount of e-waste generated in 2014 was 41.8

Supply Chain Design Software 60

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NC State SCRC

OCTOBER 3, 2016

Biobased Products Industry: 2016 Update.”. biobased industry continues to grow and generate substantial economic activity and American jobs. Key takeaways from the 2016 report include: The biobased products industry contributed $393 billion to the U.S. The biobased products industry supports a total of 4.22

Study 49

Study Price Reduction Cuba Chemicals 49

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I thought that the industry averages were fairly constant. A Case Study.

Procurement Analytics 349

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 349

Supply Chain Shaman

AUGUST 11, 2015

Procurement focus shifted from traditional programs focused on solely on contract management, price and term negotiations, and supplier scorecards to include the evolution of supplier development to manage product quality and multi-tier supplier relationships in and across value chain relationships. In my life time, supply chains changed.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

Enterra Insights

JULY 27, 2021

Vicki Folmar, an expert in business process design, data analysis, and decision support applications involving optimization in the supply chain management and energy industries, explains that sustainability and circularity are different, but complementary. Increase forecasting accuracy to reduce obsolete inventory.

Supply Chain Design Software 100

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

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Orbit Chart for SanDisk for 2006-2014. Most supply chain planning teams do not know their customers.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

AUGUST 16, 2015

Despite numerous acquisitions and product development efforts, SAP and Oracle are much larger industry giants. In 2014, SAP posted revenues of 19.5B$ and Oracle with 38.3B$. In the industry, the GT Nexus product is the platform of choice for ocean visibility. Founded in 2002 under the name of Agilisys, Infor rebranded in 2004.

Prescriptive Analytics Software 150

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Enterra Insights

FEBRUARY 9, 2021

This is expected to result in the reduction of over 26 million metric tons of greenhouse gas emissions — the equivalent of taking five million-plus cars off the road for a full year. ”[8] As a result, by spring 2014, Google data centers used 50% less energy than the industry average.

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Vanguard Software

JULY 20, 2021

Not too long ago, in 2014, Walgreens had a $1 billion forecasting error that led to the exit of two executives. Even industry leaders like Amazon were left scrambling as demand for certain items became overwhelming. Supply planning includes distribution, manufacturing, and procurement.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand Planning Software 52

Supply Chain Brain

MAY 22, 2018

In 2016, the world’s meat production was estimated at 317m metric tons, and that is expected to continue to grow. Figures for the value of the global meat industry vary wildly from $90bn to as much as $741bn. And that does not include the people who work along the meat supply chain: the slaughterers, packagers, retailers and chefs.

Food 40

Food Manufacturing Procurement Security Metrics 40

Talking Logistics

JANUARY 4, 2016

From “5 New Year’s Resolutions for Supply Chain & Logistics Executives” originally published on January 14, 2014: 1. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. Ask “What are the risks?”more

Logistics Network Optimization Software 100

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Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During Supply Chain Excellence as defined by a methodology whereall companies are put into a spreadsheet and compared across industries is meaningless. In our program, cost avoidance, while desirable, does not count towards the metric.

Case Study 287

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 287

Infosys Supply Chain Management

NOVEMBER 11, 2011

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. No matter which industry you are in, I am sure you would have constantly encountered the term - "Best Practices".

Supply Chain Planning Software 22

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IQMS

JULY 11, 2019

McKinsey also found that AI-enhanced predictive maintenance of industrial equipment will generate a 10% reduction in annual maintenance costs, up to a 20% downtime reduction and 25% reduction in inspection costs. Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector? (52

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

RFgen

OCTOBER 23, 2016

million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5

Congo 52

Congo Sudan Supply Chain Software Supply Chain Planning Software 52

RFgen

OCTOBER 23, 2016

million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5

Congo 52

Congo Sudan Supply Chain Software Supply Chain Planning Software 52

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. This is the world view of finance and why there is so much friction between procurement and finance. Learn and adapt the thinking to your industry. Let’s start by addressing the barriers.

Supply and Demand 150

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

Material Handling & Logistics

JULY 24, 2018

CCC is a standard metric used to quantify the ability of companies to convert invested resources into cash, and incorporates payables, receivables and inventory. Top performers by industry in the survey are now nearly three times faster than typical companies at converting working capital into cash (16.7 days for typical).

Company 54

Company Optimal Sourcing Inventory Reduction Survey 54

Infosys Supply Chain Management

AUGUST 10, 2012

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Online providers are disrupting the retail industry because of innovation, in the true spirit of the Clayton M.

Supply Chain Planning Software 28

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Supply Chain Shaman

SEPTEMBER 17, 2015

As a result, companies like AstraZenca, BASF, Colgate, Reckitt Benckiser, Seagate, and Taiwan Semiconductor outperformed their peer group in the period of 2006-2014, but sustained improvement becomes more and more difficult. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders.

Prescriptive Analytics Software 150

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

Infosys Supply Chain Management

JUNE 20, 2013

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

Infosys Supply Chain Management

SEPTEMBER 12, 2013

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Procurement Blog. Contact Us. Newsroom Investors Careers. Infosys Labs. Aerospace and Defense. Automotive.

Supply Chain Planning Software 24

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Pharmaceutical 24

Infosys Supply Chain Management

JUNE 28, 2012

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Contact Us. Newsroom Investors Careers. Infosys Labs. Aerospace and Defense. Automotive. Communication Services.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 22

Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Optimal Sourcing 50

Optimal Sourcing Cost Reduction Strategies Vendor Strategies Procurement 50

Unleashed

MARCH 14, 2021

Depending on the industry and business model, food supply chains differ slightly. Instead of a dedicated team managing supplier relationships, it might be the procurement manager who manages that as part of their role. He buys apples and oranges from farmers, and bottles and labels from another seller — these are his suppliers.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Supply Chain Game Changer

NOVEMBER 25, 2018

Now ROA and Inventory benchmarks certainly vary from Industry to Industry but on an individual basis do all of the ROAs and Inventory turns for each of these companies represent the benchmark for their respective industries? It could be based on Innovations made, true industry specific benchmarks, Supply Chain capabilities, etc.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

AFFLINK

FEBRUARY 15, 2017

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Managers must tie their efforts to mitigate risk with metrics that will result in the long-term support of higher management. Poor Framework for Accountability.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

Supply Chain Shaman

FEBRUARY 11, 2014

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. The Supply Chain Index will have a numeric rating of all public companies by industry sector for these three factors. My energy is high.

Metrics 289

Metrics Optimal Sourcing Manufacturing Procurement Inventory Reduction 289

Infosys Supply Chain Management

MAY 9, 2012

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Procurement Blog. Contact Us. Newsroom Investors Careers. Infosys Labs. Aerospace and Defense. Automotive.

Supply Chain Planning Software 29

Supply Chain Planning Software Real-time Visibility Supply Chain Software Agile and Lean Supply Chain 29

Infosys Supply Chain Management

SEPTEMBER 17, 2012

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Contact Us. Newsroom Investors Careers. Infosys Labs. Aerospace and Defense. Automotive. Communication Services.

Supply and Demand 30

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 30

FLEXE

DECEMBER 11, 2016

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. Allows carriers to think better and is slowly automating this industry that has been behind for the last 20 years. And, again, with the power of the marketplace in scale, you start to get comparative metrics. Transcript. Moderator: Who is Flexport?

Modeling Software 31

Modeling Software Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 31

Infosys Supply Chain Management

SEPTEMBER 9, 2013

Industries. Industries. Industrial Manufacturing. Publishing Resources Industries. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Contact Us. Newsroom Investors Careers. Infosys Labs. Aerospace and Defense. Automotive. Communication Services.

Sourcing Strategies 24

Sourcing Strategies Resource Reduction Cost Reduction Strategies Supply Chain Strategy 24

Supply Chain Game Changer

JANUARY 14, 2020

Now ROA and Inventory benchmarks certainly vary from Industry to Industry but on an individual basis do all of the ROAs and Inventory turns for each of these companies represent the benchmark for their respective industries? It could be based on Innovations made, true industry specific benchmarks, Supply Chain capabilities, etc.

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

QAD

JUNE 28, 2022

While consumer products companies may have taken the lead on these considerations in the past, all industries are facing the challenge to place more emphasis on environmental and social responsibilities. And, also served as a wake up call across the manufacturing and other industries, not just the textile and garment segment.

Cost Reduction Strategies 88

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 88

Talking Logistics

DECEMBER 20, 2017

Maersk and IBM Unveil First Industry-Wide Cross-Border Supply Chain Solution on Blockchain. And since so many aspects of supply chain management affect both customer experience and financial metrics, supply chain innovation efforts need to take these factors into consideration too. What will happen in 2018?

Predictive Analytics Software 91

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 91