Remove manufacturing-procurment

People in Manufacturing: Procurement

QAD

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. Is Your Company an Adaptive Manufacturing Enterprise?

Integrating External Data Into Manufacturing Procurement Activities and Technology: Where, Why and How

ivalua

Recently, I asked the folks at Spend Matters…”If you were advising sourcing and supplier management professionals in the manufacturing industry, what external data sources would you suggest they look at acquiring and integrating into their tools and processes?”. To see their response regarding the types of data you should consider integrating into your manufacturing procurement activities… click here.

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Integrating External Data Into Manufacturing Procurement Activities and Technology: Where, Why and How

ivalua

Recently, I asked the folks at Spend Matters… “If you were advising sourcing and supplier management professionals in the manufacturing industry, what external data sources would you suggest they look at acquiring and integrating into their tools and processes?” ” To see their response regarding the types of data you should consider integrating into your manufacturing procurement activities… Click here.

Four Key Strategic Sourcing Benefits

QAD

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.

What is MRO and Why is it Important?

Supply Chain Game Changer

Indirect Procurement – It’s Time to Rise and Shine! In the world of Procurement and Operations one of the phrases that you will frequently come across is “MRO” But many people throw around the term without truly understanding what it means, and how important it truly is for the ongoing, and successful, operation of any company. First and foremost you need to have a dedicated, experienced Procurement person, or people, in charge of MRO. Subscribe Here!

How to Compare Metal Fabricators!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! manufacturing #metalfabrication #procurement. Guest Blog Post Manufacturing Procurement manufacturing Metal FabricationSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Article written for Supply Chain Game Changer by, and permission to publish here provided by, Eada Hudes.

[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

GlobalTranz

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Data Sharing and Procurement.

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Data Sharing and Procurement.

Supply Chain Priorities: Seven Things That Matter Most

ToolsGroup

Less mature companies focus IT investments on manufacturing, procurement and workforce management. A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology.

Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

The role that procurement plays in manufacturing organizations is a difficult one. Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. ERP systems can handle only basic transactional procurement needs.

Ivalua Launches Pre-Packaged Solutions for Manufacturers

ivalua

Best practice supply chain & procurement capabilities now available for rapid deployment to manufacturers. Redwood City, CA July 10, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for manufacturers. Procurement leaders can improve efficiency, reduce costs, improve the employee experience and better collaborate with stakeholders to achieve strategic objectives.

My Take: Metrics that Matter

Supply Chain Shaman

Tomorrow, I have a call with a manufacturing company to answer the question, “ What is the most important concept in the book?” TO drive success, they then focus the individual functions–sales, marketing, manufacturing, procurement, distribution, finance–around metrics that focus on reliability. Last week, I held my new book in my hand.

End2End Supply Chain Conference 2016

Supply Chain Movement

Providing significant insights across manufacturing, procurement, and operations within a wide-range of sectors, the full day conference will once again bring the biggest and best speakers to show you how our ever changing supply chains are moving into the future. End2End Supply Chain Conference 2016. Date: 28 September 2016. Venue: Ballsbridge Hotel, Dublin. Organiser: Event Strategies. URL: www.supply-chain.ie/index.php. index.php.

Sales & Operations Planning: Always in Season!!

DynaSys

There is a commercial and manufacturing component which has issues that common to both as well as individual characteristics as well. These are all issues that manufacturers need to synchronize with their customers’ needs. . Manufacturing capacity is a finite commodity.

Let the Qs Begin

Supply Chain Shaman

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries? This is an unknown, but in my opinion, 65% of the solution is in the hands of the manufacturer. Last week was the Supply Chain Insights Global Summit. It was great to see old faces at the kick-off. 110 supply chain leaders attended.

Direct Material Woes: Seven Steps to Take to Improve Value

Supply Chain Shaman

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement. Most of the focus in the last decade was on indirect procurement. The opportunity is in the management of direct procurement. It is fall.

Five Key Questions a Successful S&OP Process Strategy Should Ask

River Logic

manufacturing, procurement, inventory, distribution). Sales and operations planning has been around for decades. At the time it was created, the emphasis was on setting up a process that would facilitate collaboration between the commercial departments (e.g., sales, marketing) and operations (e.g., The objective of this collaboration was to agree on one plan, such that the company made the products it was planning to sell in the most efficient manner.

S&OP 100

Stéphane Simonetta new EVP and Head of Operations at Grundfos

Supply Chain Movement

We want to build an end-to-end supply chain as a competitive advantage by aligning front and back end in order to satisfy demand across value chains and leveraging our scale in manufacturing, procurement, and logistics. Stéphane Simonetta (43) joins the Grundfos Group as new Executive Vice President and Head of Operations (COO) September 1st 2015. He will join the Group Management with direct report to Mads Nipper, Group President. Grundfos is a supplier of pumps.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago. Break down your supply chain functional silos. This advice is not new.

What Colors Are This (Supply Chain) Dress?

Talking Logistics

What colors do your customers and your colleagues in Manufacturing, Procurement, Customer Service, and Quality see when they look at your supply chain? As often happens on the Internet, especially in today’s social media era, a seemingly trivial post goes viral. Last week, it was What Colors Are This Dress? –

Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Enhancing supply chain operations is all about collaboration between various operations, including manufacturing, procurement, logistics, sales, and finance. Considering automation for operations like manufacturing, raw material sourcing, distribution, and delivery is a good idea.

The four steps to supply chain readiness

crisp

A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Writing: Working on My Book

Supply Chain Shaman

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Prior to Mattel, Peter was the Executive Vice President of Global Supply Chain Operations for Starbucks where he was responsible for the supply of the products that contribute to the Starbucks Experience: from the supply of coffee, to the procurement of the cup, to delivering the table it rests on.

Supply Chain Management

LeanCor

Rather, most companies are driven by functional performance – striving for excellence within each of the various areas, like manufacturing, procurement, customer service, finance, and logistics. Supply Chain Management: Bigger Picture, Bigger Gains. Beyond the management of physical inventories and information in the domain of logistics is the way that products are developed, marketed, and sold.

My Take: Let’s Admit Seven Demand Management Mistakes of the Last Decade

Supply Chain Shaman

Previously, the focus was on a more siloed approach to improving manufacturing, procurement or logistics. The design of the process was for manufacturers to collaborate with their retail partners on the building of a demand plan for the extended network. This process, termed Collaborative Planning Forecasting and Replenishment (CPFR), was designed to align the manufacturer’s demand plan to the retailer’s and reduce the bullwhip effect.

Supply Chain Execution Explained

ShipBob

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. Activities included in supply chain execution are manufacturing, distribution, warehousing, fulfillment, and transportation.

Is technology a boon or a bane for your Supply Chain?

20Cube Logistics

It helps you to execute manufacturing, procurement, warehousing and many more. As per a study conducted by Mckinsey, “companies that aggressively engage in supply chains digitization can expect to boost annual growth of earnings before interest and taxes (EBIT) by 3.2 percent and annual revenue growth by 2.3 percent.”.

Distributed Order Management: Optimize ERP Investments and Modernize Order Management

Oracle SCM

In addition, more involved fulfillment processes such as make-to-order and configure-to-order may need to be coordinated and optimized across multiple layers of in-house supply sources, outside suppliers, and outsourced manufacturers. shipping, inventory, manufacturing, procurement, and trade and transportation management). By Mark Carson. Mark Carson is Director of Product Management for the Oracle Order Management Cloud solution.