Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 101

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 101

Enterra Insights

JANUARY 4, 2023

Many of the 2023 supply chain trends identified by experts address recent supply chain troubles. Freelance writers Michael Keenan and Kaleigh Moore report, “Data from the University of Texas–Austin suggests a simple improvement in ‘data usability’ can give some companies a 10% increase in revenue. ”[1].

Supply Chain Design Software 130

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

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Enterra Insights

OCTOBER 5, 2023

In 2011, the Fabricators and Manufacturers’ Association (FMA) of the United States decided a national Manufacturing Day might help turn the spotlight on manufacturing by encouraging companies to open their doors to visitors or sponsor events, exhibitions, and so forth. ”[6] Your company can be part of that celebration.

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Planning Software 130

ivalua

FEBRUARY 10, 2023

per cent in January 2023, down from 9.2 One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Eurozone annual inflation was down 8.5 per cent in the previous month.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. With significant supply chain challenges arising in the aftermath of such events more companies will be planning to mitigate supply chain risks in the wake of a storm. To help keep things moving and visible, companies are modifying their investments in automation and technology.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

ToolsGroup

MAY 16, 2023

Gartner Supply Chain Symposium/Xpo 2023 has wrapped up its 3-day event in Orlando, Florida. Here are the top takeaways we compiled from Gartner Symposium 2023. More companies are looking to develop and adopt inventory strategies that guarantee high service levels while reducing the overall strain of inventory on working capital.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Logistics Viewpoints

JUNE 1, 2023

Here are some highlights from these trends in 2023 and implications on supply chain planning. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions.

Supply Chain Planning Software 193

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

Logility

DECEMBER 20, 2022

As we navigate through the end of the year and the holiday season, we’re also looking ahead to 2023. Check out four of the areas we’re advising our clients to be thinking about heading into the New Year, to help prepare their supply chain for 2023. . We expect shipping costs to drop in 2023 as we see a rush of new vessels next year.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130

Enterra Insights

DECEMBER 5, 2022

McKinsey & Company analysts note, “Technology continues to be a primary catalyst for change in the world. 2023 Technology Trends. He concludes, “In almost every industry, in almost every company, there is likely some problem that can be solved through upgraded analytics, automation, or some other application of A.I.

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

DECEMBER 1, 2022

Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023.

Predictive Analytics Software 199

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

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Still, the difficulties of recent years arising from a new phase of digitisation efforts, overflow of data, and shortage of talent have illustrated the limitations of how companies try to understand and manage their supply chains.

Supply Chain Software 130

Supply Chain Software Modeling Software Demand Planning Software Sustainability 130

Enterra Insights

JUNE 28, 2023

By having more efficient delivery routes, warehouses, and inventory systems in place, companies can reduce their operational costs while still delivering great customer service.” ”[7] Even back then, food, spices, salt, and other goods had to be sourced and moved. Logistics helps to create value. Keep up the good work.

Logistics Network Optimization Software 130

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

Enterra Insights

APRIL 25, 2023

Tomorrow, 26 April 2023, is international Stop Food Waste Day. ”[3] He continues, “No matter the data source (e.g., The site explains each goal this way: • Prevent food waste at the source by storing food optimally, making use of every edible part of the ingredient and planning meals ahead of time. UN’s FAO, U.S.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

DELMIA Quintiq

APRIL 19, 2023

Recent evidence indicates that sustainability is good for business, rewarding those companies that have sustainability objectives. This paves the way for sustainability to benefit consumers, companies, and products—and the Earth itself.

Manufacturing Procurement 156

Manufacturing Procurement Material Savings New York City Supply Chain Design Software 156

Logistics Viewpoints

NOVEMBER 7, 2022

There is a playbook for companies facing a recession. Companies also tend to be slow to cut production. 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.

Supply Chain Planning Software 211

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

Enterra Insights

NOVEMBER 21, 2023

Corporations need to understand climate conditions in locations where their raw resources are sourced. Internal Factors A company whose operations are not sustainable will go out of business. Stephan Liozu , founder of Value Innoruption Advisors, insists, “Companies have no choice. We are finally getting there.

Government 130

Government Company Supply Chain Planning Software South Carolina 130

Logility

MARCH 16, 2023

Although inflation has slowed since then, it continued to climb in January 2023 , triggering fears that the Fed could keep raising interest rates throughout 2023. Logility NDO enables you to improve your resiliency by continuously assessing tough tradeoffs between sourcing and distribution options, lead times, and logistics costs.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

ToolsGroup

JANUARY 16, 2023

In a world of too little, too late, real-time data provides the actionable insights companies need to maximize inventory performance and business profitability. Powered by this unified, real-time information, companies can reduce out-of-stocks, improve profitability, increase agility and provide better, more consistent customer experiences.

ToolsGroup 156

ToolsGroup Real-time Visibility Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

MAY 2, 2023

Based on numerous conversations with professionals across the industry, here are our top five takeaways from Retail Technology Show 2023. Check out the Inventory Hub Dynamic Data Unification Platform and see how you can track and serve inventory across your channels, systems, and applications in real-time from a single source of truth.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 156

Logility

AUGUST 24, 2022

Solid Start to Fiscal 2023 Highlighted by Continued Strong Growth in Subscription Fees of 23% and Adjusted EBITDA Margin of 15%. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. Key First Quarter of Fiscal Year 2023 highlights: Customers & Channels. Logility, Inc.

Network Design Software 130

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

ivalua

APRIL 25, 2023

Redwood City, CA, 25 April, 2023. Aker BP is listed on the Oslo Stock Exchange and is one of the largest independent listed oil companies in Europe. Aker BP explores for and produces oil and gas, and is the second-largest operator on the Norwegian continental shelf. Learn more at www.ivalua.com. Follow us on LinkedIn and Twitter.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supplier Management Norway 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge. Through machine learning and data analytics, companies can gain valuable insights from extensive datasets, supporting decision making.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ToolsGroup

JUNE 15, 2023

Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Here are the top takeaways we compiled from Gartner Symposium EU 2023. Companies must therefore also invest in intelligent and connected infrastructures to bring it all together. Looking for a snapshot of the key highlights?

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

ModusLink Corporation

APRIL 27, 2023

Global Fulfillment Innovation Centers on ESG in 2023. ESG in supply chains refers to the three key factors companies consider when evaluating their environmental, social, and governance impacts. ESG in supply chains refers to the three key factors companies consider when evaluating their environmental, social, and governance impacts.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

QAD

NOVEMBER 7, 2023

While new mandatory regulations have taken effect in 2023, companies need to significantly ramp up their due diligence efforts and ensure compliance with these new regulations along with impending supply chain legislation —or face major penalties. As of January 1, 2024 the law will extend to companies with 1,000 or more employees.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Global 92

Supply Chain Matters

MARCH 4, 2024

FAA Administrator Mike Whitaker reportedly met with Boeing CEO Dave Calhoun and other key executives and succinctly indicated: “ Boeing must commit to real and profound improvements ,” and he further added that: “ the FAA would hold the company accountable every step of the way, with mutually understood milestones and expectations. ”

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Sourcing 52

QAD

APRIL 27, 2023

I sat down with Kenneth Zins, Henry Schein vice president of global sourcing, to take a look at trends, discuss where best to focus a team’s energy, and share approaches for navigating the inevitable challenges ahead. And there’s an EU law on the horizon that’s predicted to apply to companies with as few as 250 employees.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

ivalua

OCTOBER 24, 2022

Under Pressure, Will Procurement Take Performance Higher in 2023? . If they aren’t able to overcome their challenges, 2023 could be their breaking point. . Although hopes were high that inflation levels would have reversed by now, we’re only seeing modest easing of conditions, indicating that inflation will persist into 2023. .

Optimal Sourcing 100

Optimal Sourcing Procurement Resource Reduction Negotiating Skills 100

Arena Solutions

DECEMBER 21, 2023

2023: A Year in Review This year was full of milestones, marking the three-year anniversary of the acquisition of Arena by PTC. 3D Visualization is another product innovation delivered in 2023. Sustainable Product Development and Advanced Technologies While 2023 was a productive year, we’re excited for what’s ahead in 2024.

Manufacturing Procurement 85

Manufacturing Procurement Supply Chain Design Software Waste Reduction Supply Chain Planning Software 85

Enterra Insights

JANUARY 18, 2024

Regardless of your feelings, 2023 was a breakout year for AI. ”[5] Last year, Enterra Solutions ® announced it had created an Enterprise Growth WarRoom capability for consumer products (CP) and retail companies. Nevertheless, 2023 saw significant movement in the area of AI regulation. Make Use Of, 24 March 2023. [3]

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Supply Chain Matters

FEBRUARY 5, 2024

Key industry supply chain bellwether firm Samsung Electronics reported Q4 and full year 2023 financial performance, headlined as being the weakest profitability levels in a decade. For the quarter that ended in December 2023, the supplier posted KRW 67.78 For the full year of 2023, the company reported KRW 258.94

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. kg in the latter half of 2022, before rebounding to above $5/kg by November 2023, largely driven by e-commerce demands.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

BlueYonder

APRIL 8, 2024

What are the greatest challenges and opportunities facing consumer packaged goods (CPG) companies today, and how can they maximize their chances for success? But, as demonstrated in the IDC infographic, CPG companies often feel the effects of disruption to a greater extent than other manufacturers. The answers may surprise you.

Optimal Sourcing 73

Optimal Sourcing Supply Chain Software Company Real-time Visibility 73