ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. What is Direct Procurement? What is Indirect Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Organizations can align to drive value despite the allegiance to functional metrics. We source this data from Y charts. As long as companies are motivated by functional metrics, inventory management will be an enigma.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ToolsGroup

AUGUST 20, 2019

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

Stord

APRIL 7, 2019

Macy’s hired its first chief supply chain officer (CSCO) to oversee sourcing, inventory management, distribution, and sustainability. The specific metric used – cargo ton miles – measures the total of tons of cargo moved during a reporting period multiplied by the number of miles flown. This number fell by 5.4%

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

Logistics Viewpoints

JUNE 26, 2023

In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. What a Supply Chain Digital Transformation Means Unsurprisingly, a company as large as Mars has a highly complex supply chain involving global sourcing, manufacturing, and distribution.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Logistics Viewpoints

DECEMBER 1, 2022

There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. Source: Descartes Datamyne. Despite many calling for U.S. import volumes to plummet well before summer, they didn’t. Figure 1: U.S. Container Import Volume Year-over-Year Comparison.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

ToolsGroup

SEPTEMBER 22, 2020

Seemingly overnight, hard seltzer became the drink of choice in 2019, and largely due to user-generated memes and Twitter posts, the White Claw brand shot to a 54% share of all hard-seltzer sales2 in the U.S. November 2019. Other sources: 1 [link]. Of course, today’s hot item can change on a dime. retail stores. 2 [link].

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This raises the question…. Is COVID19 the death of Global Supply Chains?

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

ivalua

JUNE 29, 2020

According to 2019 Definitive Healthcare data, U.S. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings. Share on Twitter. Big Opportunity Ahead.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 1 emissions include direct emissions from the company’s owned and controlled sources. Supplier relationships need to move from transactional deals to true sourcing partnerships with their most important suppliers.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

Supply Chain Matters

MARCH 12, 2024

The development, initially reported by The Wall Street Journal citing informed sources, involves the interviewing of passengers and crew members who were on-board the aircraft at the time of the incident. Thus, there is likely a long tail involved in the scope.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Talking Logistics

APRIL 10, 2019

Source: Google. This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives. Takeaways from Evolution 2019.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 20

ivalua

AUGUST 14, 2019

Much has been made in 2019 about the gap between the findings of procurement self-assessments and where each organization stands when they are evaluated against their peers using objective measures. Interestingly, fewer CPOs are focused on driving this particular metric than in the past despite its continued importance.

Metrics 168

Metrics Procurement Benchmarking Just-in-Time 168

Enterra Insights

SEPTEMBER 17, 2019

Author Michael Blanding ( @michaelblanding ) reports on the work of two researchers, Mercedes Delgado, professor at Copenhagen Business School, and Karen Mills, a Harvard Business School Senior Fellow, and how they unearthed a source of better jobs hidden in plain sight. ” Smart Industry , 22 April 2019. ” Footnotes. [1]

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 100

Supply Chain Matters

FEBRUARY 17, 2023

The same source, Birinyi Associates, indicated that U.S. According to a published report by S&P Global Market Intelligence , more than one in five listed S&P 500 Companies increased their earnings-per-share metric by a least 4 percent by the third quarter of last year. firms announced a record $1.26

Supply Chain Transformation 52

Supply Chain Transformation Supply Chain Planning Software Cost Reduction Strategies Expense Reduction 52

SupplyShift

JUNE 17, 2021

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Ask for help.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Source: sasb.org.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

Supply Chain Matters

JUNE 7, 2023

not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. seaport activity are down double-digits from 2022 levels, but several percentage points from the volumes experienced in the pre- Covid 2019 period. Further reported was that volumes of U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Zipline Logistics

MAY 25, 2021

over 2019—a significant leap in the face of much uncertainty during the first quarter of the year. It strained production functions and increased the need for trucking services, which led to falling performance metrics that rippled across organizations. Increased demand did more than spur revenue growth at CPGs.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

Enterra Insights

MARCH 1, 2019

It helps organizations improve fundamental business metrics such as productivity, product reliability, quality, safety and yield, while reducing downtime and lowering costs.”[3] 4] Kanti S, “ How Cognitive Technologies are Redefining the Future of Manufacturing ,” Analytics Insight , 21 January 2019. [5]

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Transparency, on the other hand, involves moral and ethical dimensions of activities associated with sourcing and manufacturing. sources of raw materials. performance-based metrics. direct suppliers.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Zipline Logistics

OCTOBER 27, 2020

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. In a 2019 survey from Hotwire , 47% of consumers said they had recently switched to a different product or service because the company had violated their values. Tracking Key Metrics to Drive Performance Improvement .

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Corporate social responsibility (CSR) saw the largest increase of any priority among CPOs (22% increase over 2019). .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

o9 Solutions

JANUARY 25, 2023

In 2019, the European Commission presented the Green Deal as a plan to help the European economy transform linear supply chains into more circular models. The proposal suggests three ‘delegated acts’ (agreements about what data to include for each product group) will be created per year over ten years ( European Commission, 2019 ).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Supply Chain Matters

AUGUST 8, 2022

that we have not seen since April of 2019. Interestingly, the downshifts we observed in transportation metrics were much more muted in the last week of July, leaving open a possibility for a bit of recovery as we move towards peak season. Warehousing and Inventory metrics continue to buoy the logistics sector.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Ware2Go

APRIL 20, 2022

In 2019 alone, ecommerce returns generated 5 billion tons of landfill waste, emitting as much carbon dioxide as 3 million cars driving for one year. A report by Oceana estimates that we could circle the world 500 times with just the protective plastic pillows Amazon shipped out in their packages in 2019.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Enterra Insights

MAY 31, 2022

But in an increasingly digital world, extending beyond enterprise boundaries from sourcing to customer engagement is now essential to achieve sustained competitive advantage.”[3]. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[3]. Footnotes. [1]

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Precoro

MARCH 31, 2023

For example, Unilever, a consumer goods company, has a responsible sourcing policy that includes human rights due diligence and requires suppliers to adhere to its human rights principles. Examples of social sustainability in procurement include: Sourcing from suppliers who provide fair wages and safe working conditions.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

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. 4] Alan Buis, “ A Degree of Concern: Why Global Temperatures Matter ,” NASA, 19 June 2019. [5] Footnotes. [1] Footnotes. [1]

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Enterra Insights

APRIL 8, 2019

We have established business metrics and we love to quantify our business strategies. Nikos Papageorgiou, Vice President of Solutions at Slync, explains, “Transactions in sourcing, manufacturing, logistics and distribution generate hundreds of millions of data points. Data can be both a blessing and a curse.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 100

Logility

MAY 7, 2020

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts. 5 www.transparencymarketresearch.com , 2019.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Enterra Insights

SEPTEMBER 28, 2020

He explains, “Big data essentially has three sources: social data, machine data and transactional data. Unfortunately, these sources are limited in providing any meaningful insight into the $760-billion consumer packaged goods market. Social data is comprised of a consumer’s online behavior. Footnotes. [1] 5] Michael C.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Enterra Insights

MARCH 27, 2019

.”[4] To help retailers think about what comes next, Aaron Orendorff ( @AaronOrendorff ) asked leaders “from brands at the forefront” for their insights about the question: “What is the future of ecommerce for 2019 and beyond?”[5] ” Shopify Plus , 31 January 2019. They are: 1.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Corporate social responsibility (CSR) saw the largest increase of any priority among CPOs (22% increase over 2019).

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Enterra Insights

JULY 28, 2020

As metric outcomes, you can expect to see: 50% improvement in productivity; 70% reduction in excess or unproductive inventory; 8% year-on-year reduction in logistics costs; 40 percentage point improvement in forecast accuracy; [and] 15 percentage point improvement in customer service.” “Size up your opportunities.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Enterra Insights

JUNE 21, 2021

However, it is important to propagate these metrics vertically.” 4] Robinson adds, “Disparate data sources and divergent systems are frequently identified as causes of siloed behavior in the supply chain. Robinson, “ Five Ways to Collaborate More Effectively in the Supply Chain ,” Raconteur, 12 March 2019. [3]

Modeling 130

Modeling Scenario Planning Optimal Sourcing Modeling Software 130