ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. Logility customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua. About the research.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? Proper vetting of carriers helps ensure risk management, and creates?are Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing. are liable?network

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ModusLink Corporation

SEPTEMBER 1, 2023

Handling mini-bids, for example, can be challenging for companies operating with limited data and analytics. Proactive Risk Mitigation Companies should prioritize risk management and mitigation, but developing and implementing mitigation strategies can be complex and challenging. Managing supply chain risks.”

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Enterra Insights

APRIL 13, 2023

She reports, “Retailers like Best Buy, Party City, Walmart and Wayfair announced layoffs in 2022. Shoppers Say: We Like Being Called Cheap ,” Marketing Daily, 13 June 2022. [4] 6] Helen Sydney Adams, “ Top 10 moves for retailers to future-proof the supply chain ,” Supply Chain Digital, 18 February 2022. [7]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Enterra Insights

SEPTEMBER 14, 2022

The combination of humans, machines, data-driven analytics, and predictive insights creates a closed loop of learning. Implement an on-going risk management process. According to Hobbs, “Supply chain risk management must be part of your ongoing planning processes. ”[9]. ”[10]. Footnotes. [1]

Gartner 130

Gartner Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 130

BlueYonder

SEPTEMBER 6, 2022

While demand volatility was a primary risk factor over the past two years, today supply-side uncertainty is a fast-growing concern, causing supply chain disruptions and resulting in product shortages for some companies and excess inventory for others. Supply-side risk and disruptions are taking many forms.

Supply Chain Planning Software 52

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

Supply Chain Matters

OCTOBER 10, 2023

The technology start-up secured $30 million in Series A funding in 2022. Start-up Evo provides capabilities in non-linear optimization, quantum learning, and advanced prescriptive analytics currently applied to product pricing and inventory optimization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

Procurement Academy

MARCH 2, 2023

Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy. The results Ewellix launched the training to their procurement and supply chain team in early November 2022 and have already seen results. Victor Jaecklin, COO, Ewellix.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

Supply Chain Matters

AUGUST 18, 2022

At the beginning of 2022, our published Ferrari Consulting and Research Group Predictions for Industry and Global Supply Chains included among others, a prediction that a heightened cycle of acquisition activity among enterprise and specialty supply chain technology providers will occur. Background. Bob Ferrari. All rights reserved.

Supply Chain Planning Software 52

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

Resilinc

OCTOBER 4, 2022

By contrast, OEMs that had mapped their supply chains on their own or with a supply chain risk management firm such as Resilinc had a much more complete picture of how Ian could affect their supplies and revenues. “They are scrambling now and might not find out for weeks that a critical supplier had a factory” that was damaged by Ian.

Pharmaceutical 62

Pharmaceutical Florida Tampa Supply Chain 62

Supply Chain Matters

MAY 9, 2023

2022- Supply chain cost inflation and critical parts shortages lead to lost revenues with business reports of quarterly financial performance having frequent mention of supply chain challenges. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering. All rights reserved.

Supply Chain Planning Software 52

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

Supply Chain Matters

APRIL 14, 2023

Leading this round was Morgan Stanley Investment Management with added participation from StepStone Group and Columbia Capital. Everstream ranked number three in the data science category for its application of AI and predictive analytics to global supply chain risk.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Game Changer

MAY 9, 2022

Risk management, resilience, and agility are all important concepts, but they are gaining traction. According to Caroline Chumakov, principal analyst, supply chain students will spend more time recognising, assessing, and responding to risk. .” But it’s not as easy as, say, cutting inventory costs.

Education 92

Education Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 92

Unleashed

APRIL 18, 2022

Risk management is central to all manufacturing production strategies. Manufacturing is by nature high risk, and ensuring there are strategies in place to offset those risks is essential to running a successful operation. ” What are the benefits of supply chain resilience?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

LevaData

JANUARY 4, 2022

Though it may be hard to believe, 2022 is officially upon us. As we look to the new year and all the potential it has to offer, supply management and sourcing professionals everywhere are finalizing their corporate resolution lists in the hopes of securing a successful year ahead. Brian York, VP, Product Management, Content.

Supply Chain Planning Software 77

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies 77

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. In 2022, this became history with procurement automation solutions. Real-time data and analytics. Risk management. Benefits of Procurement Automation.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Logility

JANUARY 28, 2022

In the spirit of setting some resolutions for 2022, here are five priorities to consider in a climate that continues to disrupt supply chains globally. A 2021 McKinsey report suggests that COVID has put supply chain risk on everyone’s radar. Here we see the interplay among our five supply chain goals for 2022. Traceability.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

Intelligent Audit

DECEMBER 20, 2021

In many cases, driven by necessity, companies used this period to increase overall investment in digital supply chain technologies, and replace legacy platforms to gain end-to-end visibility and bring risks under control.” . Planning for industry changes and shipping costs in 2022 remains critical as companies look ahead to the new year.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? Thus, liquidity is critical to overall risk management and business resilience.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

ToolsGroup

JUNE 27, 2022

You need systems in place to make sure your company is operating optimally, and this requires careful management and administration of resources. Risk Assessment. The last part of the equation is risk assessment. What have you got, and what are you risking? Here are a few questions to ask yourself. Find out how.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Resilinc

MARCH 7, 2023

Our 24/7 event monitoring platform, EventWatch AI sent alerts for 333 Extreme Weather events in 2022; this was up 36% YOY. According to our data, Extreme Weather was the 11 th highest reported disruption in 2022. The above graph shows the increase in Extreme Weather disruptions tracked by Resilinc from 2012 to 2022.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Puerto Rico 62

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. That degree of data management is complicated by the changing nature of the freight market in 2022. .

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Supply Chain Game Changer

SEPTEMBER 28, 2022

Cash Flow and Cash Cycle Management. Apart from Finance, Supply Chain has the preeminent role in Cash management. Supply Chain clearly influences Inventory levels and Inventory turnover. It clearly manages supplier payment terms and conditions, defining Accounts Payable. Originally published on September 27, 2022.

Negotiating Skills 118

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Supply Chain Strategy 118

Supply Chain Game Changer

SEPTEMBER 30, 2022

This will also go a long way in improving information transparency – favoring regulatory compliance, collaboration among all parties in the supply chain management department, and risk management in B2B procurement management. Cloud-Based vs. Localized Supply Chain Management Solutions.

Supply Chain Software 112

Supply Chain Software Supply Chain Network Software Analytics Software Modeling Software 112

NC State SCRC

JANUARY 16, 2024

This aligns with the need for flexibility in supply chain management as mentioned in the Supply Chain Immunity Elements document. However, the NDIS’s focus seems to be more on visibility and risk management rather than on the flexible and dynamic planning and sourcing strategies highlighted in the Supply Chain Immunity Elements.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

SYSPRO Smarter ERP

DECEMBER 11, 2023

According to the International Energy Agency, renewable energy will account for 47% of the world’s electricity generation by 2030 — up from 30% in 2022. Reporting and analytics An ERP system integrates information across the entire business which means that operational and financial data is consolidated in one place.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Game Changer

NOVEMBER 7, 2022

You can use this support to monitor the status of shipments, inventory levels, and customers’ orders. In addition to losing loyal buyers, this issue can cause you to pay for damage control after word gets around about how you poorly manage your inventory. Avoids Equipment Breakdown. Prevents Failure From Spreading.

Vendor Strategies 86

Vendor Strategies Inventory Reduction Expense Reduction Supply Chain Planning Software 86

Logistics Viewpoints

NOVEMBER 7, 2022

percent over the year ended June 2022. Inventory write downs are common. So, if a recession appears likely, companies need to error on the side of a conservative forecast, be prepared to lay off workers sooner rather than later, and start drawing down their safety stock inventory. Risk management had been a hard sale.

Supply Chain Planning Software 211

Supply Chain Planning Software Supply Chain Design Software Vendor Strategies Supply Chain Software 211

GlobalTranz

JULY 15, 2015

Companies will be able to do predictive maintenance to reduce downtime, better manage their inventories, and also to become more flexible and responsive to changes in market conditions. Based on research by the analyst firm Machina Research 14 billion of those things will be connected by 2022.

Internet of things 120

Internet of things Manufacturing Procurement Manufacturing Predictive Analytics Software 120