Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logility

OCTOBER 14, 2021

Stricter regulations and changing market conditions mean ensuring supplier sustainability is a crucial step in building more resilient, sustainable supply chains. In December 2020, the US Customs and Border Protection issued a detention order on cotton products sourced from some parts of China.

Sustainability 130

Sustainability Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software 130

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. Logility, Inc., About Logility.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

Logility

NOVEMBER 18, 2021

Your ERP system is not the right technology for a sustainable supply chain. Key takeaways: A digital supply chain platform is essential for a sustainable supply chain. While your ERP may run your internal business, it’s not the right choice for the complex tasks a sustainable supply chain requires.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 130

QAD

NOVEMBER 10, 2022

Thus, the rise of the concept of sustainability to a level of importance we have never seen before. With this drive of preservation and sustainability and with the innovation of being able to use data like never before, we have seen innovations that are the foundation of this movement. The short answer: yes!

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Logility

APRIL 20, 2022

Developing Diverse, Resilient Sourcing Strateg ies. Vetting all the tiers of the supply network has never been more important, especially when addressing growing expectations for social accountability, environmental responsibility, and financial reliability to establish a responsible sourcing network.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

With a looming economic headwind on the horizon, the industries of the world can navigate through these challenges by riding three major trends: supply chain disruption, sustainability, and workforce turnover. Technology enables new sustainability solutions The year 2023 will also be essential for the pursuit of sustainable industries.

Supply Chain Software 130

Supply Chain Software Modeling Software Demand Planning Software Sustainability 130

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Arena Solutions

MARCH 21, 2023

As vulnerable as our planet is becoming, individuals, governments, and businesses are feeling the pressure to make changes using new concepts and frameworks that focus on creating products and services that are more sustainable and more circular. Using renewable energy sources that can create long-term sustainable energy consumption.

Manufacturing Procurement 79

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 79

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

MIT Supply Chain

MAY 17, 2023

Pressure from various stakeholders to make supply chains more sustainable has grown steadily over the last three years and shows no signs of abating. by David Correll and Ken Cottrill The uncertain economic and political outlook might persuade some companies to dial back their efforts to improve the sustainability of their supply chains.

Sustainability 52

Sustainability Supply Chain Planning Software Supply Chain Planning Supply Chain Software 52

Enterra Insights

OCTOBER 19, 2020

Christopher Marquis ( @CMarquisCornell ), a Professor in Sustainable Global Enterprise at Cornell University, explains, “Supply chains are critically important facilitators of our global economy, providing crucial resources and materials to companies to produce their products and services. ” Those categories are: 1. Minimalists.

Supply Chain Planning Software 100

Supply Chain Planning Software Sustainability Supply Chain Strategy Supply Chain Software 100

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software 130

Logistics Viewpoints

NOVEMBER 6, 2023

Increasingly, companies will take sustainability criteria into account in their purchasing decisions. Once a year, EcoVadis clients request that their suppliers perform EcoVadis’ annual assessment of a supplier’s sustainability performance, which includes the carbon assessment. Getting suppliers to participate is a gargantuan task.

Resource Reduction 223

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 223

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. I was imploring them to do this.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

SCM Research

JUNE 24, 2014

In his recent Science article, The Science of Sustainable Supply Chains, Dara argues that the field of supply chain management needs to significantly improve and integrate sustainability measurement systems and decision-support tools. The Science of Sustainable Supply Chains. My guest post today comes from Dara O’Rourke.

Predictive Analytics Software 186

Predictive Analytics Software Modeling Software Sustainability Supply Chain Software 186

BlueYonder

DECEMBER 14, 2023

Rajesh Rao, Principal and TMT Supply Chain & Sustainability Leader at Ernst & Young LLP, spoke about “How TMT Companies Can Build a Sustainable Supply Chain” and how supply chain leaders can address this within their companies.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 72

LevaData

APRIL 26, 2022

It's difficult to source and buy direct materials at scale. Data is available now, more than ever, to considerably widen sourcing's remit, bringing in these under-addressed purchased items and hazards. Capabilities such as strategic sourcing, component aggregation over fewer stock-keeping units, and supplier risk analysis aren't new.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

The Logistics & Supply Chain Management Society

DECEMBER 8, 2021

Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies. An effective analysis of talent gaps aids in sustainable, strategic talent mapping for short-term and long-term needs. • Digital systems capture data from both physical and digital sources. Industry 4.0

Supply Chain Planning Software 246

Supply Chain Planning Software Gartner Agile and Lean Supply Chain Buyer Training 246

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Read on to learn about the benefits. Operational.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

Logistics Viewpoints

APRIL 10, 2024

For example, a redundant supply chain may have safety stocks, contingency contracts, multiple sourcing, and diversified networks to ensure the availability and continuity of supply. The port closure also affects the social and environmental aspects of supply chains, such as employment, safety, health, and sustainability.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Logistics Viewpoints

APRIL 3, 2023

This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems. Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. By optimizing costs, companies can improve their profitability and maintain a competitive edge.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

EHS Sustainability Knowledge at Work

AUGUST 2, 2018

This year, Fast Company picked L’Oréal’s Sustainable Product Optimization Tool (SPOT) as a finalist in the ‘General Excellence’ category of its World Changing Ideas Awards. So, what is SPOT and how does it work in evaluating the sustainability of 100% of the beauty company’s products? So, what’s next? “We

Supply Chain Design Software 56

Supply Chain Design Software Optimization Software Supply Chain Planning Software Burkina Faso 56

USC Consulting Group

JANUARY 16, 2019

Marketplace pressures have forced procurement professionals to abandon traditional sourcing practices and implement more responsive strategies designed to promote organizational efficiency, agility and flexibility for growth, not to mention cost reductions. Unfortunately, quick wins do not translate to sustainable success.

Optimal Sourcing 49

Optimal Sourcing Negotiating Skills Sourcing Strategies Material Savings 49

Enterra Insights

NOVEMBER 8, 2023

All of this analysis can be done in real time, too. AI in the supply chain and environmental sustainability factors Although most of us are familiar with Chatbots, such as ChatGPT, the public’s focus has been turned on to other threats raised by LLMs. But there is a much more benevolent and beneficial side of AI.

Resource Reduction 130

Resource Reduction Supply Chain Software Modeling Software Inventory Reduction 130

BlueYonder

DECEMBER 17, 2019

How can convenience store owners and managers contribute to sustainability — and increase their own profits? As one of the fastest-growing sources of fresh and prepared foods, convenience stores can play a critical role in supporting sustainability. Adding a sustainability initiative to this mix may seem impossible.

Waste Reduction 52

Waste Reduction Sustainability Supply Chain Software Inventory Reduction 52

EC Sourcing Group

NOVEMBER 8, 2023

With deeper learning capabilities and more nuanced decision-making algorithms, AI is streamlining the most complex sourcing tasks, offering a significant competitive advantage to early adopters. Sustainable and Ethical Sourcing Sustainability and ethics are taking center stage in procurement processes. Why Act Now?

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Sourcing Strategies 52

Precoro

JANUARY 29, 2024

A detailed analysis of the goods, services, or works required, including specifications and any specific demands. Market analysis. Criteria for evaluating and selecting suppliers, which may include considerations such as pricing, quality, experience, and sustainability. Objectives and scope. Budget and funding.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

For example, Maersk ordered eight 16,000 TEU vessels to be operated on carbon-neutral methanol fuel, while DHL has purchased large amounts of sustainable aviation fuel and ordered 12 all-electric cargo planes. This article sheds some light on sustainability considerations at the carrier-shipper interface by analyzing recent survey data.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

Pivot88

NOVEMBER 30, 2023

Each quarter, our parent company TradeBeyond publishes its comprehensive Retail Sourcing Report , which is filled with timely research, facts, and analysis to help brands and retailers make the most informed sourcing decisions.

Supply Chain Design Software 52

Supply Chain Design Software Retail Resource Reduction Manufacturing Procurement 52

The Logistics & Supply Chain Management Society

APRIL 15, 2021

Our analysis of digital and non-digital manufacturers over time shows an index of profit performance, with digital manufacturers outpacing their peers (Figure 1). Source: IDC 2021—Digital Analysis: Manufacturing. Source: IDC Manufacturing Iansights APeJ Industry 4-0 Survey. Unfortunately, those without have suffered.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Manufacturing Procurement 246

Logistics Viewpoints

FEBRUARY 14, 2022

ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. In fact, their digital champions began by aggressively expanding their sources of wisdom beyond their historic and current resources. The second is sustainability.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Software Report Logistics Network Optimization Software 190

Material Handling & Logistics

JULY 13, 2018

One of the biggest obstacles to setting and implementing strategies for responsible sourcing is accessing reliable and current data and analysis, according to The Dragonfly Initiative CEO, Assheton Carter. A new report assesses the importance of 37 materials to these industries and evaluates environmental, social and governance risks.

Automotive 51

Automotive Sourcing Strategies Electronics Manufacturing Procurement 51

Logility

OCTOBER 5, 2021

powers technology to ensure sustainable, ethical practices that support brand integrity and corporate responsibility. a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its latest software release which supports corporate social responsibility and supply chain traceability goals.

Logility 130

Logility Supply Chain Planning Software Supply Chain Network Software Optimization Software 130

BlueYonder

DECEMBER 17, 2019

How can convenience store owners and managers contribute to sustainability — and increase their own profits? As one of the fastest-growing sources of fresh and prepared foods, convenience stores can play a critical role in supporting sustainability. Adding a sustainability initiative to this mix may seem impossible.

Waste Reduction 47

Waste Reduction Sustainability Supply Chain Software Inventory Reduction 47

Logistics Viewpoints

DECEMBER 1, 2022

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. Source: Descartes Datamyne. Theme 4: Sustainability will become an opportunity, not a challenge for supply chains. Despite many calling for U.S.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199