Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

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Supply Chain Matters

JUNE 17, 2022

A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. cyberattacks.

Inventory Reduction 52

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Supply Chain Shaman

AUGUST 18, 2022

They had never been in the same room to discuss demand holistically from sales teams to procurement. We will display the images of the different rivers at the Supply Chain I nsights Global Summit and Blaze 2022.) If you enjoy our research, please help us by filling out our current survey. I find them fascinating.

Supply and Demand 251

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ivalua

SEPTEMBER 14, 2022

As global risk factors evolve, organizations could leave themselves unprepared, creating unnecessary disruptions that are largely predictable — and in many cases avoidable,” comments Alex Saric, smart procurement expert at Ivalua. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua. About the research.

Supply Chain Planning Software 130

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Supply Chain Matters

JUNE 13, 2023

The Supply Chain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. This survey was conducted in May among participants in the global freight forwarding community. All rights reserved.

Survey 52

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Supply Chain Matters

OCTOBER 4, 2022

The September 2022 J.P. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. The September surveys offered a few silver linings, including signs of improving supply chain conditions and resilience in the labor market.”. Global Wide Production Activity.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing. For those businesses located in the U.S.,

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Shaman

SEPTEMBER 27, 2021

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Survey existing suppliers, third-party logistics providers and customers.

Supply Chain Planning Software 321

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Supply Chain Matters

DECEMBER 1, 2022

Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. Global Wide Production Activity.

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

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Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. That’s why it’s important to have an objective view of what’s happening to supply chain tech in 2022 and what it means for your organization’s future. The Foundation of Supply Chain Tech: The Supply Chain as a Service Will Get Bigger.

Supply Chain Planning Software 52

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Supply Chain Matters

MAY 3, 2022

The authors of this report noted that manufacturing output fell at second-steepest rate since this survey began in early 2004. For the first time since 2020, survey data related to Germany indicated that new orders and output slipped into contraction values. in March to 46.0 Added Supply Chain Matters Observations and Insights.

Manufacturing Procurement 52

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Supply Chain Matters

APRIL 7, 2022

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. .

Global Transportation 52

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Supply Chain Matters

SEPTEMBER 3, 2022

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. The August 2022 J.P. The August 2022 Manufacturing ISM© Report on Business reported an August value of 52.8, Global Wide Production Activity.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Supply Chain Matters

FEBRUARY 25, 2022

We indicated that the implications of unprecedented, elevated levels of inflation levels will vary by specific industry, but taken as a whole, they present a number of complex product management, procurement and supply chain planning challenges that will need to be tackled. The report observes that in December 2021, U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels.

S&OP 195

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Supply Chain Matters

NOVEMBER 4, 2022

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. The October 2022 J.P. The PMI surveys are now clearly signaling that the manufacturing economy is in recession.”. . Global Wide Production Activity. United Kingdom.

Manufacturing Procurement 52

Manufacturing Procurement Report Global Manufacturing 52

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. The average global PMI value for Q2-2022 was 52.3, The June 2022 Manufacturing ISM© Report on Business reported a value of 53.0

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Enterra Insights

AUGUST 11, 2022

NOAA’s outlook for the 2022 Atlantic hurricane season, which extends from June 1 to November 30, predicts a 65% chance of an above-normal season, a 25% chance of a near-normal season and a 10% chance of a below-normal season. 10] When it comes to moving inventory into disaster-prone areas, historical data can help. Denial of risk.”[6]

Supply Chain Planning Software 130

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Synovos

FEBRUARY 21, 2023

I have spent a great deal of time talking to engineers, maintenance and procurement professionals involved in MRO,” says Will Brummett, Vice President of Sales, North America, for RS Integrated Supply. “I Collaborate With Suppliers 36% of survey participants said collaboration with suppliers had increased. Balancing costs.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

ShipBob

JUNE 29, 2022

Deloitte found that 49% of survey participants would pay more for same-day delivery and 42% would pay more for next-day delivery. . When selling products online, you need to invest in software and tools that will be able to let you effectively receive and process orders, manage inventory, and automate different tasks.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Analytics Software Supply Chain Design Software 52

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. In February 2022 I ordered a lovely midcentury modern table. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Supply chain orchestration failure – a table fable What happened?

Supply Chain Planning Software 225

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Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. percentage points higher than the average value of Q4-2022 which was 48.9. as contrasted with the Q4-2022 average quarterly value of 49.5. A Bloomberg survey of economists were anticipating a consensus value of 47.5,

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

ToolsGroup

SEPTEMBER 20, 2022

Optimize spare part inventories. With our partners at CSCMP, we surveyed 300 supply chain professionals from around the world. Check out the 2022 Digital Transformation Survey to see how your industry peers are planning or implementing digital transformation strategies. Increase overall equipment effectiveness (OEE).

Manufacturing Procurement 156

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Supply Chain Matters

JANUARY 6, 2023

percent in 2022 and 9.7 The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures. Morgan Manufacturing PMI® which began 2022 at an expansionary conditions value of 54.2,

Predictive Analytics Software 98

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The Logistics & Supply Chain Management Society

JULY 13, 2021

According to IDC’s 2020 Supply Chain Survey – 72.8% According to IDC’s 2020 Supply Chain Survey – 72.8% It predicts that by 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory, and shipment tracking.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Supply Chain Matters

SEPTEMBER 23, 2022

Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. The company expects to be able to complete these vehicles in the fourth quarter and has indicated ongoing confidence in its overall 2022 adjusted EBIT forecast in the range of $11.5

Cost Reduction Strategies 59

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QAD

MAY 23, 2023

ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 94

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Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

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Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. percent in 2022, to 3 percent in 2023, and consequently contract to 2.9 trillion (or five percent) compared to a record high level in 2022. percent in 2024.

Predictive Analytics Software 59

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Unleashed

AUGUST 20, 2023

In a survey of 1,000 organisations, 74% of respondents in the US reported delays in shipping and longer lead times during the coronavirus pandemic. It includes everything from the procurement of raw materials to production, inventory management, and shipping. Let’s break down the most common ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The output index from the PMI survey dipped 0.9 down from the 49.2 value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

QAD

MARCH 9, 2023

Only 2% of companies felt completely prepared for the pandemic and 57% reported serious disruption in a recent survey. Another survey found that the pandemic prompted many companies to move up their timelines for adopting digital technologies by three to four years.

Agile and Lean Supply Chain 95

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Supply Chain Matters

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

MAY 23, 2022

In an update published in early April, we highlighted for readers both March and Q1-2022 various published global production and supply chain indices. Despite the slowdown in transportation, survey respondents reportedly still indicate growth in the sector, just at a slower pace than seen over the prior 18 months. s major retailers.

Supply Chain Optimization 59

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Supply Chain Game Changer

SEPTEMBER 5, 2022

A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. Another typical holdback is that many companies still believe supply chain visibility is an operations and procurement function and relegate it to that silo to manage. Subscribe Here! Email Address. Siloed decision making.

Supply Chain Visibility 95

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