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Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. Important Digital Procurement Trends. What Is Digital Procurement? MORE
Commercialization strategies evolve, supply chains expand, and production rates accelerate. Finished products have high ratios (average 50%) of sourced or procured product content. Today’s challenge is to lower the finished product defect rate by emphasizing supply chain quality. A digital transformation of the supply chain is needed to integrate quality attributes into the products we buy, move, and sell through the supply chain. MORE
In this blog he provides a simple reference guide to better yourself as a supply chain leader. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. Supplier Development contributes towards 5 Key Work Streams in Supply Base: . 4) Improve Materials Management Competency in Supply Base. . Lead Time Reduction in Supply Chain. MORE
Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. So what does this mean for global companies and supply chain strategy? MORE
With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. This coupled with disruption of the global supply chain is reinforcing the need to review all facets of spend in their business units and establish ways to scale down. Spend Analysis MORE
So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. MORE
Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. MORE
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Subscribe Here! MORE
Fresh out of Supply Chain Talent. There’s no time like the present to talk about the future of supply chain management. That was the perfect lead-in for a great Supply Chain Insights webinar I attended recently – Journey to Supply Chain 2030. But here’s the thing about supply chains: Today’s supply chains are the result of what we’ve done in the past; tomorrow’s supply chain will be the result of what we’re doing today. MORE
However, it’s a good idea to keep an eye on procurement software trends , which can further boost productivity. Read on to learn more about the best procurement software and what you can add to your current software platform to help improve your process. Blog Procurement MORE
My last post on the Supply Chain Shaman blog was forty-five days ago. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Let’s learn and apply it to supply chain management. MORE
Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy. MORE
Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. This is particularly apparent if you are hiring a Procurement professional, you are looking for a Procurement job, you are looking to outsource anything, or you are dealing with Procurement people in the course of conducting business. Check out this list of 25 Procurement and Purchasing questions and answers. Subscribe Here! MORE
Last week, a well-made special report by Raconteur, titled Supply Chain 2015 (pdf), was distributed in The Times of London. Other topics covered by the report are, among others, strategic procurement, top technologies, demand prediction, sustainable supply chains and cross-border delivery. More information can be found on the homepage of Raconteur’s Supply Chain 2015 report. Practice Report Supply Chain Management Trend MORE
They aim at a market push for their products, with little attention to the ‘how, when, where and who’ in the entire logistics and supply chain. A lack of visibility on the product movement in the market, can skew the perception of demand and supply. MORE
“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field. MORE
Subscribe to Supply Chain Game Changer. Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Whatever the reason for the over-complication of procurement terminology, it has become a mess, and it’s time to make a change! MORE
Muddassir Ahmed is a supply chain strategist, researcher, and educator. On the fifteenth episode of Supply Chain Next, Muddassir talks with host Richard Donaldson about innovation in supply chain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supply chain best practices. ?. Supply Chain Next · 015 – Dr. Muddassir Ahmed. MORE
Then, COVID-19 struck and disrupted most supply chains. For example, if your supplies were coming from China, you may have had 4-week delays or run out of safety stock before you could replenish. 95% of companies saw supply chain lead times more than double. MORE
Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. percent on most categories of supplies compared to those who don’t 2 , according to the Healthcare Supply Chain Association. MORE
Supply chain technology is a difficult, exhilarating topic to cover in detail. The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. MORE
Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. MORE
A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. Some of the emerging views on the “future of procurement” focus on the importance of being a strong internal consultant, the importance of building relationships, coaching suppliers, post-award contract management, and relational contracting. MORE
A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. Without an intact supply chain, a manufacturing business will starve for key inputs into its production process. So, when its supply chain broke, the ripple effects came about quickly. Supply Chain MORE
The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science to art. Just building great Procurement solutions that customers clearly love (in 2018 once again maintaining the industry’s highest retention rate, over 98%). The most eye-catching statistic of the event came from Duncan regarding procurement’s self-assessed v. MORE
Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. What Makes Supply Chain Special? Subscribe Here! MORE
Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. The Procurement technology firm was founded in France in 2000 and has become very strong in the US, as well as in its homeland and other continental European countries. The post Collaboration, Procurement with Purpose and the Entente Cordiale… appeared first on Ivalua. MORE
Our previous discussion on augmented reality revealed a new trend in supply chain management , the use of computer-simulated imagery to enhance production and efficiency. However, the supply chain tends to forget how augmented reality will naturally transform the entire supply chain, and supply chain artificial intelligence is one of the key driving forces behind supply chain augmented reality. MORE
And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics. MORE
But for retailers, it’s a lot more complicated – they can’t just ask their customers to write letters to Santa; rather, they need a flexible supply chain to meet customer needs. When it comes to delivering on your Christmas promises to customers, it’s not just which supply chain management software you use that matters. These seasonal surges in demand make supply chain management that much more difficult. Procurement is risky business around the holidays. MORE
High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market excellence in supply chain planning is a critical element to be competitive. Supply chain planning and the discipline and rigor is a different way of working. MORE
Source: Supply Chain Digest. What does it take to create an award-winning supply chain? Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. And last year Costa Express won the “Technology” category award at the European Supply Chain Excellence Awards , also a top honor. MORE
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. MORE
It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Global supply chains are particularly vulnerable to the changes triggered by these events, including increased regulation, new tariffs and radical shifts in demand patterns. . Algorithmic supply chain planning will go mainstream. MORE
At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile. MORE
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”. Author: Peter Smith , Managing Director at Procurement Excellence Ltd. MORE
CHAINalytics
NOVEMBER 23, 2020
And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.
Supply Chain Game Changer
SEPTEMBER 9, 2020
Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. Important Digital Procurement Trends. What Is Digital Procurement?
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ivalua
NOVEMBER 23, 2020
Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. percent on most categories of supplies compared to those who don’t 2 , according to the Healthcare Supply Chain Association.
Supply Chain Shaman
SEPTEMBER 3, 2018
At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.
Jaggaer
JUNE 11, 2020
With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. This coupled with disruption of the global supply chain is reinforcing the need to review all facets of spend in their business units and establish ways to scale down. Spend Analysis
ivalua
MARCH 28, 2019
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.
|
EC Sourcing Group
NOVEMBER 24, 2020
However, it’s a good idea to keep an eye on procurement software trends , which can further boost productivity. Read on to learn more about the best procurement software and what you can add to your current software platform to help improve your process. Blog Procurement
ivalua
MARCH 5, 2020
Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. The Procurement technology firm was founded in France in 2000 and has become very strong in the US, as well as in its homeland and other continental European countries. The post Collaboration, Procurement with Purpose and the Entente Cordiale… appeared first on Ivalua.
Cerasis
FEBRUARY 11, 2016
Our previous discussion on augmented reality revealed a new trend in supply chain management , the use of computer-simulated imagery to enhance production and efficiency. However, the supply chain tends to forget how augmented reality will naturally transform the entire supply chain, and supply chain artificial intelligence is one of the key driving forces behind supply chain augmented reality.
ivalua
MAY 9, 2019
The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science to art. Just building great Procurement solutions that customers clearly love (in 2018 once again maintaining the industry’s highest retention rate, over 98%). The most eye-catching statistic of the event came from Duncan regarding procurement’s self-assessed v.
ToolsGroup
DECEMBER 10, 2019
It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Global supply chains are particularly vulnerable to the changes triggered by these events, including increased regulation, new tariffs and radical shifts in demand patterns. . Algorithmic supply chain planning will go mainstream.
|
Supply Chain Shaman
APRIL 15, 2020
My last post on the Supply Chain Shaman blog was forty-five days ago. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Let’s learn and apply it to supply chain management.
Supply Chain Game Changer
JANUARY 21, 2020
Subscribe to Supply Chain Game Changer. Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Whatever the reason for the over-complication of procurement terminology, it has become a mess, and it’s time to make a change!
Talking Logistics
SEPTEMBER 22, 2015
Recently it seems that more and more organizations are recognizing that their supply chains are a key component to the organization’s success. From the increasing adoption of a chief supply chain officer at major organizations to discussions of legislative changes , the influence of the supply chain on competitive advantage is more recognized than ever. So what does this mean for global companies and supply chain strategy?
Cerasis
NOVEMBER 19, 2018
Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy.
Logistics Bureau
NOVEMBER 16, 2020
So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.
Supply Chain Game Changer
JANUARY 9, 2019
Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. This is particularly apparent if you are hiring a Procurement professional, you are looking for a Procurement job, you are looking to outsource anything, or you are dealing with Procurement people in the course of conducting business. Check out this list of 25 Procurement and Purchasing questions and answers. Subscribe Here!
ivalua
MARCH 31, 2020
A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. Without an intact supply chain, a manufacturing business will starve for key inputs into its production process. So, when its supply chain broke, the ripple effects came about quickly. Supply Chain
Kinaxis
JANUARY 23, 2017
Fresh out of Supply Chain Talent. There’s no time like the present to talk about the future of supply chain management. That was the perfect lead-in for a great Supply Chain Insights webinar I attended recently – Journey to Supply Chain 2030. But here’s the thing about supply chains: Today’s supply chains are the result of what we’ve done in the past; tomorrow’s supply chain will be the result of what we’re doing today.
Supply Chain Shaman
JUNE 15, 2015
High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market excellence in supply chain planning is a critical element to be competitive. Supply chain planning and the discipline and rigor is a different way of working.
Cerasis
FEBRUARY 7, 2018
Supply chain technology is a difficult, exhilarating topic to cover in detail. The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.
AFFLINK
OCTOBER 8, 2020
Then, COVID-19 struck and disrupted most supply chains. For example, if your supplies were coming from China, you may have had 4-week delays or run out of safety stock before you could replenish. 95% of companies saw supply chain lead times more than double.
Supply Chain Game Changer
APRIL 15, 2020
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank.
SCM Research
FEBRUARY 15, 2015
Last week, a well-made special report by Raconteur, titled Supply Chain 2015 (pdf), was distributed in The Times of London. Other topics covered by the report are, among others, strategic procurement, top technologies, demand prediction, sustainable supply chains and cross-border delivery. More information can be found on the homepage of Raconteur’s Supply Chain 2015 report. Practice Report Supply Chain Management Trend
The Logistics & Supply Chain Management Society
JULY 21, 2020
“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.
Supply Chain View from the Field
JULY 17, 2015
A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. Some of the emerging views on the “future of procurement” focus on the importance of being a strong internal consultant, the importance of building relationships, coaching suppliers, post-award contract management, and relational contracting.
Cerasis
SEPTEMBER 28, 2016
In this blog he provides a simple reference guide to better yourself as a supply chain leader. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. Supplier Development contributes towards 5 Key Work Streams in Supply Base: . 4) Improve Materials Management Competency in Supply Base. . Lead Time Reduction in Supply Chain.
Supply Chain Shaman
NOVEMBER 11, 2020
Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again.
Supply Chain Game Changer
JUNE 11, 2019
Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. What Makes Supply Chain Special? Subscribe Here!
Kinaxis
DECEMBER 21, 2016
But for retailers, it’s a lot more complicated – they can’t just ask their customers to write letters to Santa; rather, they need a flexible supply chain to meet customer needs. When it comes to delivering on your Christmas promises to customers, it’s not just which supply chain management software you use that matters. These seasonal surges in demand make supply chain management that much more difficult. Procurement is risky business around the holidays.
The Logistics & Supply Chain Management Society
NOVEMBER 23, 2020
They aim at a market push for their products, with little attention to the ‘how, when, where and who’ in the entire logistics and supply chain. A lack of visibility on the product movement in the market, can skew the perception of demand and supply.
Talking Logistics
MAY 14, 2019
Commercialization strategies evolve, supply chains expand, and production rates accelerate. Finished products have high ratios (average 50%) of sourced or procured product content. Today’s challenge is to lower the finished product defect rate by emphasizing supply chain quality. A digital transformation of the supply chain is needed to integrate quality attributes into the products we buy, move, and sell through the supply chain.
Requis
SEPTEMBER 24, 2020
Muddassir Ahmed is a supply chain strategist, researcher, and educator. On the fifteenth episode of Supply Chain Next, Muddassir talks with host Richard Donaldson about innovation in supply chain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supply chain best practices. ?. Supply Chain Next · 015 – Dr. Muddassir Ahmed.
Cerasis
NOVEMBER 17, 2016
Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action.
ToolsGroup
OCTOBER 20, 2015
Source: Supply Chain Digest. What does it take to create an award-winning supply chain? Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. And last year Costa Express won the “Technology” category award at the European Supply Chain Excellence Awards , also a top honor.
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