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Based on this, a multiple-month financial, supplychain, and capital expenditure plan is produced. A supplychain planning application is the core technology that enables robust planning. Historically, the supplychain plan that resulted from the IBP process was too static. More than 5.6
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. We were wrong. The Ukraine-Russia conflict is ongoing. Tensions flare in the Middle East without warning.
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
This is the best way to ensure you dont overbuy or underbuy a solution, avoiding unnecessary costs or missing critical functionality. Its an oft-quoted saying in IT: 80 percent of customers only use 20 percent of the features in the software theyve purchased. What Does No-Code/Low-Code Mean?
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. The Road to Agility and Resilience.
There have been extensive supplychain disruptions caused by the global coronavirus pandemic. These disruptions have elevated the supplychain function to the boardroom level. It is now understood that supplychainagility is imperative. What is a SupplyChain Collaboration Network.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChain Planning.
I interviewed John Sobeck, Vice President Material Management Services and SupplyChain 4.0 at the ZF Group, about their digital supplychain transformation journey. ZF offers product and softwaresolutions for established vehicle manufacturers and newly emerging transport and mobility service providers.
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint. Achieving Agility with Regional SupplyChains.
An organization with tens of thousands of different products may have to move them across many modes of transportation, IT systems, and third-party logistics partners, all adding to complexity, as well as loss of visibility and control.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue.
How CPG leaders can reduce costs without hurting supplychain performance fbaker Tue, 06/03/2025 - 09:18 In the consumer packaged goods (CPG) industry, SG&A (Selling, General, and Administrative) costs have long been a go-to target for improving margins. But today’s market is anything but typical.
SupplyChain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. In supplychain services, the services company plans and executes on behalf of their clients. The right IT is critical.
Belcorp’s Maturity in SupplyChain Design. When companies implement enterprise softwaresolutions, they often label that implementation as being part of their company’s digital transformation. Using this software effectively is about more than the functionality. Logistics can be a challenge.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Healthcare providers are leveraging efficient supplychains to ensure critical supplies reach patients when needed most.
In today’s interconnected global economy, supplychains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.
He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supplychains. Supplychain optimization has also improved in significant ways that can address these trade-offs better than before.
The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supplychain as they pull the complete gamut of products to where they reside.
That’s why staying on top of the latest supplychain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychain planning.
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supplychain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supplychain career through the SCMDOJO SupplyChain Learning Track Certification!
ARC Advisory Group did a study on the supplychain collaboration network (SCCN) a couple of years ago. ARC considers real-time visibility solutions, like the one from FourKites, one type of SCCN solution. FourKites believes they have the largest repository of supplychain data in the world.
Driving Sustainable Growth Through SupplyChain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great SupplyChain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.
Changes in our lives, economies and supplychains are ubiquitous and well embedded now. Challenges drive dramatic shifts in supplychain and logistics. Across many of our industries, conventional wisdom about best practices for supplychain operations and logistical networks is being challenged.
CAGR , the global supplychain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supplychain management tools to boost efficiency and value in their distribution and logistics network.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . Accurate and timely reconciliation of purchase orders with receipts.
Autonomous SupplyChains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins.
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychain inventory practices. Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. Why tell this story?
Understanding how your Procurement and SupplyChain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Are you truly getting the best value?
Urgent – The Ukraine Logistics Coalition with Ben Gordon. People who work in logistics and supplychain are in a unique position to help the people of the Ukraine. He draws on a career building, advising, and investing in supplychain companies. 3PLex was then purchased by Maersk.
What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.
Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supplychains. Leadership in SupplyChain. fashion, automotive, spare parts, airlines).
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supplychains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supplychain visibility and monitoring solutions a top priority.
A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supplychain management. Procurement.
Supplychain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supplychain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supplychain strategy in both domestic and international locations.
Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supplychain. Current SupplyChains don’t operate at the cadence of business. Integrating Blockchain within the SupplyChain could change that. Download white paper.
GEON Performance Solutionspurchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When companies want to digitally transform their supplychain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation.
We have certainly seen more focus on women in supplychain over the last few years, and nearly every conference that I attend has tracks dedicated to women in supplychain. And now on to this week’s logistics news. The company’s SupplyChain 3.0
As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Navigating an Increasingly Challenging Logistics Landscape. It’s challenging for logistics providers to keep up, even in perfect supplychain conditions.
5 Trends Shaping Logistics with Ben Gordon. Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supplychain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. 3PLex was then purchased by Maersk.
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