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. This AI-driven forecasting method incorporates data from a broader range of sources to generate a range of probable forecast outcomes and calculate the likelihood of each.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Resilinc

APRIL 19, 2023

Resilinc’s supply chain disruption data for Q1 2023 is here — while overall disruptions are leveling off, there are some new risk types experiencing major shifts. Resilinc data shows a 55% jump in alerts about bankruptcies from Q4 2022 to Q1 2023 and a 90% increase in corporate restructuring alerts.

Supply Chain Disruption 62

Supply Chain Disruption Supply Chain Planning Software Supply Chain Planning Data 62

Logistics Viewpoints

FEBRUARY 14, 2024

Looking Back to 2023 Performance in 2023 was not as positive as we might have hoped, and it was a harder year than many had anticipated. A majority of organizations (62 percent) missed their 2023 business goals, and four in five organizations reported falling short of their competitors’ or peers’ performance (Figure 1).

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

ivalua

MARCH 5, 2023

Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Paris! March 6, 2023 | | Ivalua NOW by Eloise Barnum 5 Reasons to Attend 2023 Ivalua NOW Paris – Breaking New Ground We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris.

Optimal Sourcing 130

Optimal Sourcing Vendor Strategies Nashville Procurement Solutions 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

Enterra Insights

DECEMBER 5, 2022

2023 Technology Trends. He writes, “McKinsey has reported that economies will realize the benefits of superior connectivity networks in 2023. These increasingly important solutions include renewable sources such as solar power and wind power, sustainable fuels such as hydrogen, long-duration battery systems, and smart grids.”

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

Enterra Insights

JANUARY 18, 2024

Regardless of your feelings, 2023 was a breakout year for AI. He states, “Data has been viewed as a trustworthy and unbiased way to make smart decisions. As we tackle the rise of AI-generated data, organizations will need to spend time and oversight validating the data or risk hallucinated results.”[3]

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Enterra Insights

JUNE 28, 2023

“By leveraging supply chain technology and data analytics, businesses are able to identify areas of improvement and create added value — resulting in higher profits. ”[7] Even back then, food, spices, salt, and other goods had to be sourced and moved. 5] Staff, “ National Logistics Day 2023 ,” Logistics Plus. [6]

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 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. In general, 2023 will see a continuance of recent trends in the employment market.

Supply Chain Software 130

Supply Chain Software Modeling Software Demand Planning Software Sustainability 130

ivalua

APRIL 25, 2023

Redwood City, CA, 25 April, 2023. Ivalua provides us with greater transparency and data-driven insights which will allow us to improve our sourcing decisions and contract management, and also optimize supplier management”, said Niklas Selle, Digital transformation lead in Supply Chain at Aker BP. Learn more at www.ivalua.com.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supplier Management Norway 130

ModusLink Corporation

APRIL 27, 2023

Global Fulfillment Innovation Centers on ESG in 2023. Let’s take a closer look at the top five things to know about ESG in global trade for 2023. According to Forbes, “businesses need to start tracking emissions, diversity and other ESG data and reporting it, similar to how they annually report financial data.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

Logistics Viewpoints

APRIL 8, 2024

In December of 2023 it was reported that $1.2 These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

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. . Recent data strongly suggests that this environment represents the new normal, with the landscape likely to get even more challenging next year. .

Optimal Sourcing 100

Optimal Sourcing Procurement Resource Reduction Negotiating Skills 100

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

Enterra Insights

AUGUST 24, 2023

The Mint staff adds, “Supply chain risk is a modern day reality and can emanate from a variety of sources, ranging from natural disasters to government policies and a host of other unforeseen events.”[2] Data Theft/Data Vulnerability. It is those risks on which I will focus. 3] They are: 1. Third Party Vendors.

Risk Management 246

Risk Management Supply Chain Planning Software Vendor Strategies Supply Chain Software 246

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. By 2023, average inventory turnover for small and midsize businesses, had dropped for the 50% percentile ShipBob seller from 1.59 to 0.85 (Source: ShipBob ).

Manufacturing Procurement 246

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 246

NC State SCRC

JANUARY 1, 2023

As we go into the first week of 2023, many are wondering what’s ahead for global commerce and supply chains. As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. Inflation is indeed going down slowly– but not as fast as the markets would like.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Resilinc

AUGUST 3, 2023

We’re already over halfway through 2023, and things are looking up for the supply chain. We dug into the data from our event watch monitoring platform, EventWatch AI , and here’s what we found. Below we take a closer look at the top 10 supply chain disruptions that impacted these major industries for the first half of 2023. #1

Supply Chain Disruption 62

Supply Chain Disruption Supply Chain Planning Software Supply Chain Planning Supply Chain 62

Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Expected 2023 global economic growth in a range from 2 percent to 2.7

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

ModusLink Corporation

DECEMBER 13, 2022

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Supply Chain Matters

JANUARY 8, 2024

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. at the end of 2023.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

BlueYonder

DECEMBER 4, 2023

Unfortunately, due to the ineffectiveness of traditional demand planning tools, many planners find themselves working outside their standard applications, which can lead to inefficiencies and data discrepancies. By consolidating data sources and providing a user-friendly interface, it enhances overall efficiency and accuracy.

Supply and Demand 84

Supply and Demand Modeling Supply Chain Planning Software Scenario Planning 84

Supply Chain Matters

JANUARY 25, 2023

The overall themes of the 2023 gathering was appropriately termed: Cooperation in a Fragmented World.” The takeaways from the 2023 gathering were many, and often varied in perspective and viewpoints. This was the first time in two years that this conference could be held in person. We will have to show our productivity gains.”

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Software 52

Supply Chain Shaman

APRIL 18, 2023

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. In March 2023, the level of disruption fell to a level seen in November 1998. To side-step this issue, build planning processes to use market data. Feed the adaptive modeling environment market planning master data.)

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Resilinc

APRIL 11, 2023

Overall, EventWatch AI sent alerts for over 15,000 events – pulling data from 104 million news sources across 100 languages and countries. As risk events grow (Resilinc’s in-house analysts project close to 20,000 supply chain disruptions for 2023), companies are taking action. monitoring indirect suppliers).

Real-time Visibility 62

Real-time Visibility Manufacturing Procurement Sourcing Strategies Sourcing 62

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Higher cost levels will need to be mitigated or reduced. Canada or Mexico.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

The Logistics & Supply Chain Management Society

JUNE 21, 2023

Your data is the ultimate source of differentiation, a tangible asset, a revenue enabler, and driver of new services that power your business. But data is only as valuable as how it is used to build better integrated experiences. Have you registered for LogiSYM Malaysia 2023?

Supply Chain Software 130

Supply Chain Software Malaysia Sourcing Strategies Logistics Network Optimization Software 130

Supply Chain Matters

FEBRUARY 2, 2023

Supply Chain Matters provides monthly highlight commentary and perspectives on published January 2023 global manufacturing PMI and supply chain activity indices. Our previous posting in this series of global wide manufacturing PMI highlights was in early January summarizing both December and Q4-2022 reported indices data. increased 0.4

Optimal Sourcing 59

Optimal Sourcing Manufacturing Procurement Report Global 59

HICX Solutions

AUGUST 23, 2023

What’s clear from Deloitte’s Global Chief Procurement Officer Survey 2023 is that environmental and social governance (ESG) is now firmly on the corporate agenda. In practice, it is hugely dependent upon good supplier data, which is notoriously hard to achieve and maintain. Exploring why turns the spotlight to its source: suppliers.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Survey 52

RFgen

FEBRUARY 10, 2023

Key Takeaways: Proactive planning and a digital-first mindset are critical to keeping up with trends in 2023 and beyond. companies expect the supply chain to remain challenging into 2023. However, benefits can only be realized if the right foundational systems are in place for data collection. In fact, over half of U.S.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. The company utilizes AI, data harmonization, and decision support to help companies achieve supply chain resiliency and improve bottom lines.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

ivalua

FEBRUARY 4, 2020

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Resilinc

JUNE 21, 2023

That’s why we’ve compiled a new list of six highly recommended supply chain books from our team, to help you navigate supply chain management and resiliency in 2023 and beyond. #1 Tom and Rob have laid out the blueprint for how we can evolve our organizations to harness the unprecedented access to data, technology and innovation we now have.

Supply Chain Software 62

Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain Supply Chain Optimization 62