Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process. Measuring and reporting.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

The Logistics of Logistics

JUNE 23, 2022

Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. Continued lockdowns over the emergence of new COVID variants left the Produce Shipping Season of 2021 in a panic. for the same period in 2021. over the 2021 cost, such as in the New England region.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

SupplyShift

NOVEMBER 4, 2020

In this post, we’ll go over the most important things you can do this year to set your supply chain transparency efforts up for success in 2021. 2021 Supply Chain Transparency Checklist We’ve helped dozens of businesses create new levels of visibility into their supply chains. What synergies exist between us? (

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

In this post, we’ll go over the most important things you can do this year to set your supply chain transparency efforts up for success in 2021. 2021 Supply Chain Transparency Checklist. To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The shifts in growth from 2019-2021 are dramatic. My question is, “Why?” Background. Growth requires cash.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

SCM Research

JUNE 24, 2021

The influential Chartered Association of Business Scholars has just published its Academic Journal Guide 2021. This is good news for both logistics and procurement scholars. My conclusion: The team behind the 2021 Academic Journal Guide appears to have listened to the harsh criticism from OSCM scholars.

Journal 28

Journal San Francisco Manufacturing Procurement Procurement Analytics 28

SupplyShift

MAY 27, 2021

With the latter, you may want to focus on programs to encourage renewable energy use across your suppliers’ manufacturing facilities. . Elevate the Role of Procurement. At PMI, procurement represents a spend of $10 billion, which covers a base of over 34,000 suppliers across a variety of industries, from paper to electronics.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Matters

JULY 7, 2023

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Enterra Insights

JULY 27, 2021

He explains, “The circular economy aims to eradicate waste — not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components. Simulate the CO 2 footprint of the plan through procurement, production, and transport. ” Implement.

Supply Chain Design Software 100

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

Logistics Viewpoints

JUNE 1, 2023

Recessionary environments cause disruptions in the manufacturing industry around the globe, leading to long lead times, shortages, rising prices, and complications in transportation lines. in 2021 compared to the year before. While supply chain compromises accounted for 1% of the intrusions in 2021, they rose to 17% in 2022.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

DynaSys

FEBRUARY 3, 2021

Some manufacturers are exploring DDMRP as a possible tool for managing this). This requires reviews of demand variables, KPIs, macroeconomic indicators, and the spread of Covid19, along with current operational metrics as part of your S&OP process, conducted at least monthly.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Meanwhile, the downstream supply chain involves activities post the manufacturing process, which would mean getting the finished goods to the end consumer.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Procurement Cost. Originally written for Supply Chain Game Changer and published on July 21, 2021. Get Our EBOOK HERE.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

SupplyShift

MAY 27, 2021

With the latter, you may want to focus on programs to encourage renewable energy use across your suppliers’ manufacturing facilities. Elevate the Role of Procurement Procurement professionals’ position of leverage with suppliers gives them a unique ability to normalize sustainable procurement practices and redefine global supply chains.

Resource Reduction 40

Resource Reduction Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software 40

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. But in his 2021 book “ Sense and Sustainability ,” Chaturvedi shows he’s an idealist as well as a realist. Resilinc: What’s the current status of reshoring manufacturing? Texas has dropped from 2nd in 2020 to 13th in 2021.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. In 2021, the global atmospheric carbon dioxide levels reached a high of 416.45 Hurricane Ida struck the Gulf of Mexico in August 2021, destroying industrial installations for pharmaceuticals and plastics. A slow-moving crisis. parts per million.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. Just take a look at what’s been happening over the last 3-4 months. BE READY FOR THE NEW NORMAL.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Elementum

JUNE 30, 2022

In 2021, Treasury Secretary Janet Yellen optimistically predicted that inflation would be transitory. This could indicate manufactures are expecting to reduce production and are, therefore, ordering fewer raw materials. Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

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.) As shown in Figure 1, the results for the period of 2012-2021 tell the story.

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

Talking Logistics

OCTOBER 27, 2016

For example, the US Environmental Protection Agency (EPA) is phasing in fuel efficiency standards starting with trailers in 2018, truck standards in 2021, which are estimated to provide 2-4 year payback periods. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

ThroughPut

OCTOBER 22, 2021

In 2021 , the retail sector experienced drastic global inventory distortion. Supply Variability: Supply variability can occur at the procurement level as well as in-store inventory levels. When demands for goods escalate, insufficient resources for procuring components can lead to unmet consumer demand. Capacity Buffer.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

Proxima

AUGUST 25, 2021

Time for procurement to lead. Inflation is a word that has been on the lips of every procurement team in 2021. The same is true of shipping channels where prices are in some cases 10x higher than in 2019, for an on-time delivery metric (at 38%) that is half as good as 2019. It won’t be easy, but it will be worth it.

Material Savings 52

Material Savings Price Reduction Waste Reduction Cost Reduction Strategies 52

SupplyShift

JUNE 2, 2021

In 2021, most businesses understand that consumers are putting their dollars towards brands that align with their values, which often include sustainability and ESG. As investors and shareholders demand more accountability, we are beginning to see ESG metrics more tightly integrated into corporate reporting metrics.

Supply Chain Planning Software 52

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

ShipBob

OCTOBER 1, 2021

To make their supply chains more lean, retailers can explore different supply chain optimization techniques throughout procurement, production, and distribution, or outsource supply chain management to a 3PL. As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

SupplyShift

JUNE 2, 2021

In 2021, most businesses understand that consumers are putting their dollars towards brands that align with their values, which often include sustainability and ESG. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 40

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

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. What are one or two challenges in particular that you’re advising companies and their supply chain management teams to focus on in 2021? So our overall theme for 2021 predictions is a year of renewal.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Bottom line, if events follow the trends of the last global financial crisis, regulators will enforce ESG more heavily in 2021, not less.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Bottom line, if events follow the trends of the last global financial crisis, regulators will enforce ESG more heavily in 2021, not less. Plastic usage.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

Supply Chain Matters

MAY 23, 2022

The authors specifically make mention of geopolitics along with the ongoing effects of the pandemic impacting many manufacturing regions in China. Regarding perspective, between December 2021 and March of this year, the index reflected an easing of global supply chain pressures.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

JANUARY 31, 2024

As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. Across the globe, requirements for stricter reporting on complex metrics are increasing. In 2021, 99 percent of S&P 500 companies reported ESG-related information.

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Report Data Material Savings Manufacturing Procurement 252

Unleashed

JANUARY 10, 2023

Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. In 2021, the number of global supply chain disruptions almost doubled year-over-year, according to data from Statista. Either way, the first thing you should do is establish metrics and KPIs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

DynaSys

JANUARY 13, 2021

In 2021, COVID-19 and Resilient Supply Chain will not be incompatible. Sudden capital & cash shortfalls caused service levels to plummet and procurement and operations to scramble for alternatives. As of this writing, as we enter 2021, between Pfizer and Moderna products more than 4.2 million globally.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 61