ivalua

DECEMBER 17, 2018

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Here are the top takeaways from that Webinar and from the full research.:

Procurement 124

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Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. The cost reduction includes sourcing, customs & duties, transportation, production, and inventory holding costs.

Supply Chain Design Software 318

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ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

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ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. Alex Saric, CMO, Ivalua. Global automotive component supplier Meritor is a great example.

Optimal Sourcing 100

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Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions.

Optimal Sourcing 98

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 98

ivalua

OCTOBER 24, 2019

Alex Saric, Smart Procurement Expert, Ivalua. Globalisation has made is much easier for UK businesses to trade across borders, allowing access to lower cost sources of supply and new markets. Procurement has a vital role to play in identifying and managing risk. Procurement has a vital role to play.

North Korea 100

North Korea Procurement Supply Chain Planning Supply Chain 100

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. billion by 2018 to grow these relationships.

Agile and Lean Supply Chain 120

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Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. That, I commented, was a very fast implementation.

Supply Chain Planning Software 261

Supply Chain Planning Software Procurement Solutions Supply Chain Planning Manufacturing Procurement 261

Precoro

FEBRUARY 4, 2022

According to a Paystream 2018 Procurement Insights report, 80% of organizations still use manual or semi-digital tools to manage their procure-to-pay cycle. Most organizations are using the procurement module integrated with their ERP or accounting software. What is Procure to Pay? Procure-to-Pay Definition.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 98

Logistics Viewpoints

FEBRUARY 19, 2024

In 2018 and 2019 there were two fatal crashes of the 737 Max 8. Instead of developing the aircraft in-house and sourcing parts from suppliers,” Dr. Tang explained, “Boeing decided to outsource 70% of the design, engineering and manufacturing of entire modules to over 50 strategic partners.” There have been other incidents.

Supply Chain Design Software 306

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Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. As we step into 2018, enterprises must realize the risks associated with their IoT ecosystem.” ”[1] They continue: “It’s not a simple question. ” 2.

Risk Management 100

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GlobalTranz

APRIL 3, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Source ] Blockchain can help mitigate these losses and their associated disputes. Outcomes: reduction in delays/human error in paperwork, visibility into procurement, international compliance. Download white paper.

Supply and Demand 267

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Talking Logistics

MAY 11, 2018

Source: [link]. The key takeaway here is that companies need to take a holistic and integrated approach to how they procure, plan, and execute their transportation operations. The post This Week in Logistics News (May 7-11, 2018) appeared first on Talking Logistics with Adrian Gonzalez. And with that, have a happy weekend!

Logistics Network Optimization Software 124

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Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 74

Sourcing Strategies Purchasing Skills Sourcing Sustainability 74

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Shaman

DECEMBER 4, 2018

In 2018, Rockwell Automation won the Supply Chains to Admire Award. To decide winners, we analyze post-recession period performance of 2010-2018 by peer group. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

GlobalTranz

NOVEMBER 19, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995. GET YOUR COPY HERE. Download White Paper.

Supply Chain Risk Management 205

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 205

Supply Chain Game Changer

NOVEMBER 7, 2019

In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. Source: Deloitte CPO Survey 2018. The Digital Procurement Ecosystem.

Manufacturing Procurement 71

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Logistics Viewpoints

MAY 27, 2021

In fact, the on-demand industry was estimated to account for $75 billion in 2018. [1] As the supply chain becomes increasingly digital and collaborative , new partnerships may be formed by retailers, distributors and manufacturers to collectively source services and capitalize on economies of scale. and Unnu, Kaan. [2]

Optimal Sourcing 274

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The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Another study from the Dreary Report from 2018, states that inefficiencies, pain points and lack of automation in the maritime industry result in costs adding up to a staggering $34.4 It is clear that complex, manual payment processes are critical sources of costly mistakes and over billing. Lack of trust.

Study 246

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Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 67

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Material Handling & Logistics

FEBRUARY 19, 2018

purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. As the results of the MH&L 2018 Salary Survey indicate, the size of the paycheck has become almost as important. “If Show me the money.”.

Survey 75

Survey Manufacturing Procurement Pharmaceutical Purchasing Skills 75

Supply Chain Shaman

NOVEMBER 2, 2018

There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. The groups of supply planning, procurement and logistics operate within silos. This is true of both an enterprise and a network architecture. History of E2open.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 170

Supply Chain Game Changer

NOVEMBER 24, 2018

For his entire career my Father worked in the field of Procurement. But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. But was that Procurement or was it Purchasing? What exactly is Procurement? Procurement. 10 Different Definitions!

Procurement Analytics 76

Procurement Analytics Purchasing Skills Optimal Sourcing Negotiating Skills 76

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Supply Chain Shaman

DECEMBER 4, 2018

In 2018, Rockwell Automation won the Supply Chains to Admire Award. To decide winners, we analyze post-recession period performance of 2010-2018 by peer group. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential.

Supply Chain Software 30

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Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So in 2018, McDonald’s joins Apple, Procter & Gamble and Amazon on a separate “Masters” list, as one of the “best-of-the-best.”. Media Type. Media Credit. Privacy Settings. anonymous user.

Gartner 81

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Freightos

DECEMBER 19, 2023

18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. Live map of Suez Canal and Red Sea, Dec.

Freight 327

Freight Negotiating Skills Yemen Israel 327

Material Handling & Logistics

APRIL 7, 2018

Although the latest 2018 Salary Survey results found only 2% of the total population of supply chain professionals are in their 20s (the same percentage as in 2017), the gender breakdown of the Millennials recognized in this year's 30 Under 30 program was 18 males / 12 females, for a much more reasonable 3:2 ratio. Media Type. anonymous user.

Supply Chain Design Software 69

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Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Optimal Sourcing 68

Optimal Sourcing Procurement Purchasing Skills Pricing Training 68

Supply Chain Game Changer

NOVEMBER 25, 2018

Gartner recently announced their 2018 Top 25 Supply Chains List. The 2018 Gartner Top 25 Supply Chain List. Source: Gartner. But overall most of the list was the same as 2017. In fact if you go back 5 years to 2013 you will find that most of the names are the same as on the 2018 list. Source: Gartner (May 2018).

Gartner 75

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 75

ivalua

FEBRUARY 4, 2020

Source: 2019 Supply Chain Data Quality and Governance Study. According to Spend Matters’ Pierre Mitchell in 2019 “over 40% of senior Procurement leaders have been pursuing advanced digital technologies (AI, RPA, blockchain and others) even though they’ve not always tackled the basics!” But it’s not easy.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. between 2018–2023 (MarketWatch 2020).

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

GlobalTranz

JULY 30, 2018

The Applications of Blockchain Are Growing, And Supply Chain Execs Need to Know Where to Look The applications of the use of blockchain in supply chain and logistics platforms are under development, but 2018 is expected to be the year when such technologies reach the masses.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 195

Jaggaer

OCTOBER 22, 2019

Our recently published report, “ Digital Transformation in Procurement: How Close Are We? ”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, showed that most progress had been made with the automation of supplier management, procure-to-pay and spend management processes.

Optimal Sourcing 60

Optimal Sourcing Manufacturing Procurement Predictive Analytics Software Supply Chain Network Software 60

Bristlecone

AUGUST 23, 2018

The event will be about Guiding and enabling customers on their transformation journey towards an integrated, fully digital Sourcing & Procurement solution. The post SAP Info Day for Procurement 2018 | Sep 18, 2018 | 8:15 – 17:15 CEST | Wiesloch appeared first on Bristlecone. Register here.

SAP 40

SAP Prescriptive Analytics Software Procurement Predictive Analytics 40

Enterra Insights

DECEMBER 4, 2018

Procurement expert Kelly Barner notes, “Supply chain managers know full well just how reliant their company is on the performance of third parties. ” Campbell adds, “This ‘central source of truth’ assures all parties are viewing the same data, nipping miscommunication in the bud.”

Optimal Sourcing 133

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