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

Cerasis

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. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. First, great supply chains are agile. Maturity in Analytics.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Consider Cyber Security Concerns in the Procurement Supply Chain.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain entities need to know vendors will be held accountable and adhere to the terms within vendor-supply chain partner service level agreements. Supply chain professionals must also know how they will be shipping freight. Companies Will Seek New Ways to Use Technology in Procurement.

Supply Chain Matters Highlights of Oracle Modern Business Experience Conference- Part Three

Supply Chain Matters

The Supply Chain Matters blog in the presence of independent supply chain management and B2B industry analyst and Editor Bob Ferrari, is attending the Oracle Modern Business Experience ( MBX ) in Las Vegas.

Global Supply Chain Activity Reaching New Highs- Pay Attention to the Caution Signs

Supply Chain Matters

The November numbers are in and there is solid evidence that industry supply chains across the globe, with few exceptions, have reached significant highs in manufacturing and supply chain output levels. But again, Supply Chain Matters needs to call attention of the caution signposts.

Global 100

Global Supply Chain Activity Reaching New Highs- Pay Attention to the Caution Signs

Supply Chain Matters

The November numbers are in and there is solid evidence that industry supply chains across the globe, with few exceptions, have reached significant highs in manufacturing and supply chain output levels. But again, Supply Chain Matters needs to call attention of the caution signposts.

Global 100

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Supply chain planning is decision support.

How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

Cerasis

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Additive manufacturing is expected to climb more than $20 billion by 2019. Manufacturing Technology

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. Not surprisingly, analytics is at the top of the list.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

Understanding how different factors affect the supply chain remains a top priority for research firms around the globe. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. Additionally, the push toward creating a self-sufficient AI is growing stronger among supply chain professionals.

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Will Your Supply Chain Sink or Swim in the Digital Age?

OneSCM

recently noted a new trend towards supply chain “protectionism,” presumably due to the extraordinary combination of external forces proving capable of disrupting once-optimized processes and, therefore, destroying once-healthy profit margins. appeared first on TAKE Supply Chain.

Supply Chain Matters Thoughts on the December-2018 U.S. ISM Plunge

Supply Chain Matters

The December 2018 Manufacturing ISM Report on Business was released this week and included a potential sign of a significant dip in U.S. manufacturing and supply chain activity levels. In this Supply Chain Matters blog, we provide thoughts on how industry supply chain management teams need to be prepared to factor such data in the coming year. manufacturing and supply chain activity was reported as 54.1

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In fact, the value of robotics’ investments could exceed $40 billion by 2020, making way for even greater savings as new systems come online and enhance supply chains, reports Supply Chain 24/7.

March 8, 2019 Edition of This Week in Supply Chain Management Technology

Supply Chain Matters

The Supply Chain Matters blog features our March 8, 2019 Edition of This Week in Supply Chain Management Tech , a brief synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based readership. .

Supply Chain Artificial Intelligence Offers Wisdom to Supply Chain Management

Cerasis

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, artificial intelligence is poised to radically change the supply chain in profound ways.

How Is Your Supply Chain Chutzpah?

Supply Chain Shaman

The supply chain world is dominated by men. So, why is it that in this male-dominated world of supply chain there is very little chutzpah? The supply chain team takes and ships orders. The supply chain team with chutzpah has courage.

The Evolution of Supply Chain is Becoming Patient-Centric

DynaSys

How the organization manages their supply chain can yield tremendous benefit to both the business and their patients. Traditional Supply Chain. In the traditional supply chain process model, the individual was rarely a consideration. Supply Chain Ecosystem.

Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

I had an opportunity to work on a number of exciting projects this past year, and in the process, spent a lot of time talking about digital supply chains with a lot of really informed people. It’s why we are ranked as a top 25 supply chain program by SCM World and Gartner.

Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships. Supply chain operating networks are real game changers.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. Especially the digitalization of an entire supply chain ecosystem.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. Especially the digitalization of an entire supply chain ecosystem. .

Global Supply Chain Risk Exposures Report- Continued Reinforcement for More Risk-Balanced Sourcing Decisions

Supply Chain Matters

Within its 5th annual Natural Hazards Risk Atlas, risk analytics and advisory firm Verisk Maplecroft calls attention to high profile risk cities that happen to be today’s growing manufacturing and logistics hubs. From our Supply Chain Matters lens, it provides a yet another stark indicator that supply chain disruption and risk criteria were most likely not weighted high in past outsourcing or global based manufacturing and strategic sourcing strategies.

Supply Chain Priorities: Seven Things That Matter Most

ToolsGroup

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. Regardless of the trend “ du jour” in supply chain, Klappich says that “strategic gravity” consistently pulls companies back to the fundamentals.

Supply Chain Predictions!

Supply Chain Game Changer

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory.

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.

Top 10 Manufacturing Trends For 2019

IQMS

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. to manufacturing value added in 2020.

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Becoming a Valued Busienss Partner: Procurement Analytics SCRC Meeting Insights

NC State SCRC

After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. Rick told me that my presentation brought back a lot of early memories from P&G back when it was in its early days of procurement transformation in 2000-2001. We had this for our customer facing operations…but what about our supply chain!”

One Benefit of the Boeing 737 MAX Grounding- Added Design and Maintenance Checks

Supply Chain Matters

The Supply Chain Matters blog provides a sideline posting relative to our latest update on the ongoing Boeing 737 MAX global aircraft grounding crisis , specifically an opportunity for the major engine supplier for this aircraft to address aircraft design and operating needs.

Time to Look into the Future of Procurement!

Supply Chain Game Changer

Check out What Exactly Is Procurement? There has been transformation in the Procurement function over the past decade. A Paradigm Shift in the Procurement Function. The fundamental objective of any organisation is lowering the cost of goods manufactured. Subscribe Here!

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain. Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that. When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

End2End Supply Chain Conference 2016

Supply Chain Movement

End2End Supply Chain Conference 2016. What will the supply chain of the future look like? Network, engage and learn as the End2End Supply Chain Conference 2016 takes an in-depth look at: ‘Changes that are shaping the supply chain of the future’. Disruptive technologies are accelerating at a rapid pace and the pressure on Supply Chain Management professionals to keep up, let alone stay ahead, is immense.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Technologies Reshaping the Global Digital Supply Chain! Imagine what the future will look like in Supply Chain! There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. Supply Chain as a Service (SCaaS).

Analytics Powering the Next Evolution of the Supply Chain

Supply Chains Rock

Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two. Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle. Without supply chains consumers would be stuck using products that they had to make or grow with their own two hands.