Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Enterra Insights

FEBRUARY 13, 2019

”[1] Dr. Nipa Basu ( @nipabasu ), Chief Analytics Officer at Dun & Bradstreet, adds, “Machine learning is changing the way businesses look at data and presenting new analytics opportunities for companies of all sizes. Risk management. ”[2]. ”[2]. Machine learning and the business of tomorrow.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). From my recent LinkedIn post It is clear that even the most prestigious firms struggle with managing supply chain risk.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Vinculum

APRIL 18, 2022

Supply chains are now thought of while buying goods and services. Managers and companies see the supply chain as a wave of change that implies new methods of operations and strategies. Supply chain management trends in 2022: Automation and advanced analytics will grow. Risk management is still important .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Agile and Lean Supply Chain 52

GlobalTranz

FEBRUARY 4, 2019

As omnichannel shopping becomes the standard for consumers, the use of freight data will excel. In other words, shippers can guarantee delivery to consumers, and the incidence of repeat purchases will increase. As explained by Max Heine of CCJ Digital , this will lead to lower freight spend, better risk management and much more.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? Which gets me to the question, “What is supply chain management?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Game Changer

JUNE 10, 2020

Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.) Do you really know where, and who it is you buy from?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Elementum

FEBRUARY 7, 2024

Machine Learning (ML): The Backbone of Intelligent BPA ML is pivotal in advancing BPA by introducing predictive analytics and decision-making capabilities into automated processes. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

GlobalTranz

MARCH 4, 2015

Franklin Center for Supply Chain Management at the Martin J. Whitman School of Management at Syracuse University. We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 120

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The goal is deeper analytics to sense and respond across make, source and deliver. 2) Advanced Analytics.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Supply Chain AI Use Case 7: Risk Management of the Supply Chain Risk is an inevitable part of the business world. You have to be on your front foot to mitigate risks.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. Predictive models can help anticipate such risks before they manifest into larger problems.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 52

Supply Chain Game Changer

JANUARY 21, 2021

Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. When looking at risk management, category management, and information sharing, that number is as high as 70% ( Bain & Company 2018 ). Visibility and trust is a hot commodity in modern supplier management.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Procurement analytics is a component of business intelligence and is increasingly important, especially in complex organizations. From whom are we buying? How much are we spending?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Claritum

JUNE 13, 2019

I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. So, let’s start this article by breaking down the domains by nature of purchases. Purchasing resource time of people. Cost (value) management.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

EC Sourcing Group

MAY 28, 2020

For instance, every purchasing department wants to lower costs and be more productive, so these are concrete goals. . Read on to learn more about procurement management goals, what the best procurement software may be for your needs, and how to implement it and get past the learning curve. . Minimize risk. Lower costs.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

Supply Chain Shaman

DECEMBER 4, 2018

The company also taught them to understand the basics of negotiation and risk management. The total cost of ownership analyzes the total costs of the buying decision. As a result, best practices are more accurately identified and proliferated using consolidated analytics.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Enterra Insights

FEBRUARY 7, 2024

Discussed below are some the most oft-mentioned risks facing supply chain operations in the months ahead. Supply Chain Risks Geopolitical Risks. Geopolitical risks are near the top of everyone’s list. Industry journalist Camille Rustici provides an excellent overview of many of those risks.[2]

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Managed Services: The “Stretch Armstrong” of Logistics. Big Data and Analytics for Oil and Gas Transportation. It’s the promise of Big Data, Business Intelligence, and Analytics.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Supply Chain Shaman

SEPTEMBER 28, 2012

We have let buy- and sell-side transactional relationships erode value. We will never redesign healthcare for better outcomes if we do not redesign the buy/sell relationship and improve the understanding of the service providers on why supply chain matters. I order 75% of my purchases online. The Cloud is an enabler.

Pricing Training 261

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 261

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Game Changer

NOVEMBER 16, 2022

Along with cost savings, procurement managers are focusing on optimizing and automating processes. Digital procurement practices are a significant factor in achieving company excellence. Direct purchase requests from employees are possible with varying levels of auto-approval. Real-time data and analytics. Cost Saving.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Resilinc

JANUARY 23, 2024

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. What are the biggest supply chain trends we will see in 2024, and how can managers prepare for those trends? It is a language model that deals with words.

Supply Chain Risk Management 101

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 101

Logistics Bureau

APRIL 3, 2023

If so, due to its size and buying power, the partner will likely be able to provide goods or services at an advantageous cost to you compared to the costs of sourcing internally. Additionally, a large-scale supplier can typically spread fixed costs over a larger production volume, reducing the price per unit.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. Let’s step back first. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

SupplyOn

APRIL 16, 2020

Efficient risk management is key to making supply chains and production capacities more resilient. Efficient risk management plays a central role in meeting these challenges. Yet: without data consolidation, there are no meaningful results for risk assessment. Which materials are affected?

Sourcing Strategies 40

Sourcing Strategies Risk Management Supply Chain Planning Software Supply Chain Network Software 40

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Infosys Supply Chain Management

APRIL 8, 2014

Abstract Technologies such as Social networking, mobile, analytics and cloud computing have been shaking the IT industry for past several years. IDC calls this combination "Third Platform", Gartner calls it "Nexus of Forces" and Cognizant calls it "SMAC "- Social, Mobile, Analytics and Cloud. is called Advanced Analytics.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

SCMDOJO

APRIL 24, 2024

According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024. It requires a bold approach to risk management, diversifying supply sources, and taking advantage of real-time data and analytics to pinpoint potential issues before they escalate.

Optimal Sourcing 54

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 54

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Shaman

MARCH 21, 2022

The pandemic was not a “risk management event.” Traditional Risk Management Techniques Are Passe. When variability is the primary risk, the traditional definitions are thrown out of the window. Over 93% of companies use Excel Spreadsheets to develop their plans. Build a Unified Data Model.

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

Freightos

AUGUST 26, 2015

The businessman’s news source of choice, global export and import volumes (as well as buying trendings) are key to informing supply chain professionals. Like her book, Bricks Matter which advocates predictive analytics). The Logistics report keeps up with the high standard of what is THE American business daily paper.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Shaman

DECEMBER 4, 2018

The company also taught them to understand the basics of negotiation and risk management. The total cost of ownership analyzes the total costs of the buying decision. As a result, best practices are more accurately identified and proliferated using consolidated analytics.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Infosys Supply Chain Management

DECEMBER 31, 2012

Discuss the latest trends and solutions across the supply chain management landscape. This commentary is the third and final follow-up to this authors series of Infosys Limited Supply Chain Management guest commentaries related to the 2012 holiday buying season and its implications on industry strategies and technology investments.

Supply Chain Planning Software 24

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 24