Supply Chain View from the Field

NOVEMBER 10, 2014

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue. And if not – what will change?”.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

MIT Supply Chain

MAY 20, 2014

A new approach focuses on the way these products are procured. The research explores a new approach to combating drug counterfeiters: devising mitigation strategies based on the way dispensers procure medicines. Second, the procurement of counterfeit product is often the result of an inadequate supply of authentic medicines.

Manufacturing Procurement 88

Manufacturing Procurement Optimal Sourcing Procurement Sourcing Strategies 88

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. 2014 – $20.0 Source: PPAI Sales Volume Study Summary.

Sourcing Strategies 32

Sourcing Strategies Purchasing Skills Optimal Sourcing Sourcing 32

AFFLINK

MARCH 6, 2017

In the foodservice industry, there are few better examples of great procurement management than McDonald's. Excellent procurement is part of the reason that McDonald's has been able to grow from a small family barbecue restaurant into a global conglomerate with more than 35,000 restaurants in over 110 different countries.

Optimal Sourcing 48

Optimal Sourcing Procurement Purchasing Skills Forecasting 48

Supply Chain Shaman

SEPTEMBER 3, 2018

” Hau Lee, October 2014. Achieving and obtaining total cost information to drive decision-making is difficult for most companies. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. Harvard Business Review. Maturity in Analytics.

Supply Chain Planning Software 325

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GlobalTranz

APRIL 3, 2018

Here are just a few entry points: Distributed and Decentralized Database With a complex and dynamic supply chain management landscape, stakeholders need one harmonized data repository on which to rely for updated information. In other words, stakeholders in a supply chain can react quickly to event information and automate their responses.

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

GlobalTranz

APRIL 6, 2015

However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. One of these trends, in addition to inventory keeping, is dual/multi-sourcing. 2) Connected supply chains.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

Supply Chain Game Changer

FEBRUARY 3, 2022

The 2014 Rule was for class III devices. Manufacturer’s Product Information Management (PIM). The other way is for the manufacturer to permit their suppliers and providers to come up with their product identification system for all the products, parts, and supplies that the manufacturer sources from each of them.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Software Manufacturing Procurement Supply Chain Design 85

Talking Logistics

FEBRUARY 9, 2017

The drop-shipping process involves the sharing of information (e.g., And because not every trading partner is EDI-enabled, a relatively large percentage of them actually remain unconnected (for example, as recently as 2014, Home Depot was still faxing orders to some vendors ). Source: RevCascade website. Wal-Mart Stores Inc.

Supply Chain Network Software 150

Supply Chain Network Software Supply Chain Planning Software Shipping Supply Chain Software 150

GlobalTranz

MAY 1, 2015

Accountability is the new call of the day with transparent supply chain management that provides all of the information necessary and with practices that make for a better playing field for all members of the supply chain process. Data can indicate issues with procurement , product quality, and delivery. Reevaluating Wages.

Supply Chain Visibility 120

Supply Chain Visibility Purchasing Skills Optimal Sourcing Buyer Training 120

Supply Chain Matters

JANUARY 25, 2023

The announcement makes reference to the initial 2014 investment in the Gigafactory Nevada complex and a statement that upwards of $6.5 According to an abbreviated announcement , the investment will include two new factories on the site- a 100 GWh 4680 cell factory (with capacity to produce enough batteries for 1.5

Supply Chain Design Software 52

Supply Chain Design Software Nevada Supply Chain Design Supply Chain Software 52

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

Supply Chain Design Software Optimal Sourcing Supply Chain Network Software Sourcing Strategies 60

Talking Logistics

MAY 8, 2013

The company is also stopping production in Ecuador, Venezuela, Belarus and Pakistan by April 2014 (these countries scored low in a World Bank report that assessed countries on accountability, corruption, violence, and other metrics).

Supply Chain Planning Software 236

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 236

Supply Chain Matters

MARCH 5, 2022

Founded in 2014, this Boston based robotics technology firm leverages capabilities that are described as mimicking human hand-eye coordination, leveraging machine-learning to a vision system on a gripper and allowing mechanical fingers to bend and twist around objects to perform piece-picking tasks.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Talking Logistics

MAY 15, 2013

Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement. Ariba plans to expand into supply chain, logistics, and inventory management processes, with the first solutions coming out in 2014.

Supply Chain Network Software 138

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 138

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Information sharing can be applied to almost all the core domains of corporate operational activities. The psychological barriers around information sharing are real and imperative.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 27

Infosys Supply Chain Management

JANUARY 10, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Rakhi Makad , Industry Principal, Information Transformation, Manufacturing Unit, Infosys. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). January 2014.

Manufacturing Procurement 20

Manufacturing Procurement Agile and Lean Supply Chain Pharmaceutical Supply Chain Planning Software 20

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. Supply chains that rely on a single source are now more likely to experience disruptions. Rushing the Launch of New Systems and Protocols.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

NC State SCRC

FEBRUARY 14, 2017

In a 2014 Deloitte survey of 239 chief procurement officers and directors from 25 countries, 67% of respondents stated that poor data quality was a key barrier to implementing systems. Bad data has a source and a root cause- and it is almost always due to human errors in inputting information into a system.

Analytics Software 40

Analytics Software Analytics Data Supply Chain Software 40

NC State SCRC

FEBRUARY 8, 2018

defense firms tend to follow a traditional “white box” sourcing approach, as shown in this figure. Research suggests that up to 80 percent of the total cost of a product is ‘locked in’ by the procurement organization during this early engineering concept and design.

Manufacturing Procurement 40

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

Supply Chain Shaman

AUGUST 16, 2015

In 2014, SAP posted revenues of 19.5B$ and Oracle with 38.3B$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The goal is deeper analytics to sense and respond across make, source and deliver.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Talking Logistics

DECEMBER 4, 2017

Command Alkon organized a Leadership Roundtable with a select group of industry executives from all segments of the HBM ecosystem to discuss “The Data We Have vs. The Information We Need.” 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 1, 2018

In practice, however, companies can create profound contributions to SDG 16 through their sustainable procurement programs. We can recall that the biggest spend category of Financial Services sector is information technology, which largely involves the purchase of IT equipment. Here’s why: Unveiling Supply Chain Risks. Taking Action.

Sustainability 60

Sustainability Optimal Sourcing Procurement Analytics Negotiate Pricing 60

Talking Logistics

MARCH 2, 2016

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” Simply put, gathering location and material/product flow information for every SKU that you buy may not be practical or feasible.

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Procurement costs. Ethical Procurement and Corporate Responsibility.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

GlobalTranz

DECEMBER 7, 2015

Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. Having that information allows a manufacturer to perform the necessary maintenance on a machine in nonemergency conditions without having to shut down production. The Role of Robotics.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

GlobalTranz

MARCH 28, 2016

The application of AI technologies has created the ability to understand, store and use product information in an entirely new way. Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. In 2014, Jeff Weiss wrote in the Harvard Business Review , “Preparation is the key to any successful negotiation, but few people spend enough time on it.” The key is to have the data and information you need readily available ! Be Prepared!

Negotiating Skills 71

Negotiating Skills Purchasing Training Buyer Training Procurement 71

Talking Logistics

APRIL 21, 2017

Source: Amazon patent. Here are some details from the press release: With Haven TMS, Haven evolves from a logistics quote marketplace into a full-featured transportation management system (TMS) with collaboration, procurement, and analysis modules. in an email.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0

NC State SCRC

MARCH 15, 2016

Jason Busch provided a great view on Block Chains, and their impact on the future of funds in the supply chain, at the Global Procurement Tech Summit in Baltimore. Jason started out by discussing the fact that a company ledger is just a source of truth. And procurement systems are complex – 70% of payments require manual intervention.

Currency 40

Currency Forecasting Forecasting Software Sourcing Strategies 40

Locus

JUNE 6, 2022

In 2014, Nishith Rastogi and Geet Garg wanted to improve the safety of women passengers on roads. In short: they all needed to have the same source of truth. It also makes the flow of information, right from planning to execution, seamless for better decision-making.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Analytics Software Modeling Software 52

Infosys Supply Chain Management

FEBRUARY 2, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The DC becomes the single source of supply for carriers to serve certain geographic area for direct customer delivery. To Source products at only DCs from various geographical area. ·

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Retail 36

Infosys Supply Chain Management

JANUARY 15, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. As a maintenance practioner, ones is in constant pursuit of a standard to convert cryptic and myriad information to meaningful maintenance output. Business Process Outsourcing. Customer Service.

Expense Reduction 39

Expense Reduction Agile and Lean Supply Chain Pharmaceutical Supply Chain Strategy 39

Elementum

MAY 21, 2015

It’s not just the tasty and affordable food that makes Chipotle such a hotspot, but the chain’s emphasis on healthy options and transparency when it comes to food sources. People feel good about eating at Chipotle not only because they can get their burrito fix—it’s also because they can trust that their food is sustainably sourced.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 60

NC State SCRC

OCTOBER 12, 2016

By 2014 and 2016 revenue was back up to almost its previous high point. In supply chain, you can focus in procurement, sourcing, inventory control, logistics, and other off-shoots that occur on a daily basis. How is the information going to flow – and how much do I need – and how much inventory do I have?

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). Introduction. Why is diversity of supply important. Tracking success.

Resource Reduction 36

Resource Reduction Sourcing Strategies Price Reduction Supply and Demand 36