Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Stakeholders track purchase price variance to understand procurement spend and quantify its efficiency.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Enterra Insights

JULY 18, 2023

Transition to adaptive policies that enable NbS across infrastructure engineering, procurement, and construction. Generate guidance to improve NbS impact metrics for water security to demonstrate the multiple values of water. Stimulate private investment through blended financial solutions.” Identify locally led innovations.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Resilinc

AUGUST 1, 2023

The EU Deforestation Regulation (EUDR), adopted on June 29, 2023 , will prevent companies from placing commodities linked with deforestation and forest degradation onto the EU market. Every year, the EUDR will aim to reduce carbon emissions by at least 32 million metric tons.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Manufacturing Procurement 62

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. Each type of lead time can impact the global process.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 76

Supply Chain Matters

OCTOBER 12, 2022

The takeaway for September was that global manufacturing activity officially fall below the 50.0 On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. The purpose, as stated on the NY Fed’s website, is to integrate “… transportation cost data and manufacturing indicators to provide a gauge of global supply chain condition.”.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Supply Chain Matters

JUNE 7, 2023

Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Supply Chain Matters

DECEMBER 20, 2022

As multi-industry supply chain management teams plan for what to anticipate in 2023 , China will remain a top of mind concern for obvious reasons. A published report from Reuters this week cites modeling data that forecasts over one million deaths across China through 2023, according to projections from the U.S. Sobering Predictions.

Policies 52

Policies Predictive Analytics Software Sourcing Strategies Manufacturing Procurement 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. Are you connected into product and commercial teams?

Material Savings 52

Material Savings Price Reduction Waste Reduction Cost Reduction Strategies 52

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities. Corporate ESG Reporting Today

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 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. Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Cotton is a great example. What Is Multi-Tier?

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. Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Cotton is a great example. What Is Multi-Tier? Fair wages.

Cost Reduction Strategies 52

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

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities.

Supply Chain Planning Software 40

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

Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. There are 14 other sites that receive procurement support. Inventory Reduction This metric is defined as a reduction in the total value of inventory listed in a single storage location.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Precoro

FEBRUARY 12, 2024

In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams. There’s a toolkit of metrics to help the treasury department understand the level of liquidity. Let’s explore how.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

ToolsGroup

APRIL 1, 2022

49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Consultancy UK). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Taulia

JUNE 26, 2023

Blog Expert Advice 8 min read 26 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard The supply chain process: Step by step The supply chain process influences how effectively you manage costs, mitigate risks, and meet customer expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

SupplyShift

MAY 19, 2023

It’s still common to see responsible procurement and other sustainability-related functions as secondary responsibilities for a lone individual at a company, which is not scalable. Addressing these data needs is crucial to making progress without disrupting operations. Allocate dedicated resources for measuring and reducing biodiversity loss.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Resource Reduction Material Savings 52

ToolsGroup

MARCH 9, 2021

And the reason that we pointed out that difference is that as we monitor the supply chain technology landscape, there’s a tendency right now for supply chain risk mitigation to be purely focused on the procurement side and on the procurement technology side. Mary Vasile: So let’s delve into manufacturing a little bit more.

Predictive Analytics Software 156

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

Unleashed

APRIL 12, 2023

For wholesalers and manufacturers, the sheer size of customer orders can make B2B fulfillment a serious challenge: Product volumes directly impact storage and management costs, and increase the damage done whenever mistakes are made. Outsmart your competition: Check out the Unleashed 2023 Supply Chain Management Guide.

Supply Chain Planning Software 52

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

Supply Chain Matters

MAY 23, 2023

based Albemarle providing upwards of 100,000 metric tons of battery grade lithium hydroxide to supply 3 million Ford EV batteries starting in 2026. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. These agreements include U.S. All rights reserved.

Material Savings 52

Material Savings Cost Reduction Strategies Supply Chain Network Software Sourcing Strategies 52

Logistics Viewpoints

APRIL 11, 2024

Manufacturers of these weight loss drugs face a multi-headed hydra of the three c’s: coverage, competition and capacity. Supply chain orchestration enables seamless collaboration All this tinkering undoubtedly involves effort from across the supply chain, from sales to procurement to manufacturing to distribution and more.

Pharmaceutical 232

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 232

Supply Chain Matters

FEBRUARY 5, 2024

Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. reading reported at the end of 2023. Business confidence levels reportedly rose to their highest level since April of 2023.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Unleashed

DECEMBER 20, 2022

This modern business model functions as the online solution to making retail, manufacturing, wholesale, and service-based sales. Most retail and manufacturing goods – such as apparel, entertainment, groceries, and household goods – fall within this category. Primarily used by retailers and manufacturers (D2C). B2C B2B C2B C2C.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96