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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

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.

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Digital Supply Chain Predictions!

Supply Chain Game Changer

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!

Manufacturing and Supply Chain Challenges During a Pandemic

QAD

A pandemic can so easily shape the future for manufacturers and suppliers. In light of the COVID-19 outbreak, big changes are already happening, such as an increase in manufacturing automation and a reduced need for assembly line workers. Manufacturers are under a significant amount of pressure, and many have stepped up to produce essential products like hand sanitizer , protective face shields , respirators and ventilators.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“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.

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Optimising M&M Spares Supply Chain – LogiSYM August 2020

The Logistics & Supply Chain Management Society

With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions. Article August 2020

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Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

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.

Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Infrastructure planning article and permission to publish here provided by Kenny Johnson. Over the years, digital disruption has become a norm for all industries, and supply chain businesses are not an exception.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations.

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. Following COVID-19 the global chemical supply chain market reported a severe decline in output. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model. The answer – supply chain integration. LogiSYM Supply Chain Magazine – September 2020.

Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During During the last two months, we have been interviewing supply chain leaders to get their views on the methodology. Background on the Supply Chain Index.

Still Don’t Know How Many Slaves Are In Your Supply Chain?

Talking Logistics

How many slaves are in your supply chain? Last week, the Chartered Institute of Procurement & Supply (CIPS), a leading international body representing purchasing and supply management professionals, issued a press release highlighting findings from a survey it conducted showing that relatively few companies are ready to comply with the UK’s Modern Slavery Act , which was passed in March 2015 with enforcement set to begin on April 1, 2016.

Technology + Human Touch = Digital Supply Chain Excellence

Gravity Supply Chain

The post Technology + Human Touch = Digital Supply Chain Excellence appeared first on Gravity Supply Chain. Articles Gravity Technology humantouch digital supplychain digitize futureproof flexibility flexible transparency visibility sourcing procurement distribution fulfillment logistics retail manufacturing cost warehouses warehousing carriers lean agile platform data BigData silo silos ecosystem tools speed efficiency

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Procurement Interview Questions & Answers

Supply Chain Game Changer

Article and permission to publish here provided by Nikita S at [link]. 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. Subscribe Here!

How Many Slaves Are in Your Supply Chain?

Talking Logistics

The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor. In response, federal and state governments are taking action to drive down the use of slave labor in supply chains. California, for example, passed the California Transparency in Supply Chains Act of 2010 , which went into effect in January 2012.

AI Solutions and Digital Supply Chains

Solvoyo

Imagine you can control your production lines with a mouse click or a touchscreen swipe to optimize your supply chain in real-time – along with the ability to enjoy a seamless, customized experience. . bias in every aspect of the supply chain .

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year.

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Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

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 being good at supply chain planning is a critical element to be competitive. At Supply Chain Insights, we complete 25-30 quantitative studies a year.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

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!

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Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

Also last month, a research report published by Retails Systems Research (RSR) in cooperation with SPS Commerce showed that 40% of the 563 companies surveyed (including retailers, manufacturers, distributors, and logistics service providers) plan to increase the number of drop-ship vendors in 2017, while logistics service providers expect large increases in drop-ship relationships over the next three years. Overview of Supply Chain Operating Network.

Manufacturing Plant Site Selection: Where to Locate Your Manufacturing Plant

Cerasis

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. Unlike retail, office, or residential locations, a manufacturer must also consider various environmental regulations , workforce issues, and raw material availability, among other things.

Project Based Procurement

Claritum

Claritum Article - Procurement Blog. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. The inherent challenges of project-based procurement. Characteristics of good Project Procurement activity. Associated articles. Project-based procurement occurs when there is a specific project activity and goal.

When is it Time to Invest in Procurement Technology?

Jaggaer

Or it may be an executive mandate driven by a leadership change or the arrival of an individual who understands the earnings contributions or growth that a well-run procurement organization can deliver to an enterprise. No Time Like the Present for Procurement Technology.

Apple Procurement Leader Hails from NC State

NC State SCRC

Today’s WSJ front page shares the important role of one of Apple’s top senior executives who runs much of the procurement and supply chain activity for Apple – Tony Blevins. Other NC State alum have also joined Apple’s supply chain team, including Gaurav Chhabra , and another notable alum, Jeff Williams , Apple’s Chief Operating Officer. He wanted to weaponize procurement in a short-term way.

What Colors Are This (Supply Chain) Dress?

Talking Logistics

Wired even published an article providing a scientific explanation for why people were seeing different colors, stating that “this fight is about more than just social media—it’s about primal biology and the way human eyes and brains have evolved to see color in a sunlit world.”. When you shine a light on your supply chain, what colors do you see? Or a sustainable supply chain perspective? The post What Colors Are This (Supply Chain) Dress?

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Women Supply Chain Leaders article and permission to publish here provided by Sam White at argentus.com.

The state of supply chains: Aerospace

EFT

Aerospace supply chains stalled in March when Covid-19 saw airlines ground most of the world’s passenger aircraft. The supply chain was working hard, investing in capability and capacity to allow an increase in the number of aircraft being produced.

What Are The True Costs And Challenges Behind Your Supply Chain?

Gravity Supply Chain

Articles procurement transparency impact Gravity Technology disruption supplychain flexibility delivery visibility logistics retail manufacturing cost platform #risk #shipment mitigate solution lastmile customercentric manufacture tech challenges bottomline complexity customerdriven costcutting consumerdriven consumercentric Gravitysupplychain retailer margins sipping touchpoints analysis analyse analyze costcuts

Inspirational Supply Chain Quotes

Supply Chain Game Changer

Article originally published and provided by [link]. I made two interesting discoveries: The components were all manufactured by other companies, and the system that retailed for $3,000 cost about $600 in parts.” ~ Michael Dell. The Internet of Things (IoT) will change the supply chain. If your supply chain runs without many problems you either have a great supply chain or running very fat.” ~ EverythingSupplyChain.com. “A Subscribe Here!

It’s time to welcome the supply chain CEO

Kinaxis

by Bill DuBois This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. Anyone who’s been paying attention knows that Supply Chain Management has emerged from its status a back-office function to become a major strategic differentiator for business. This great article provided some great perspective on the topic.

How to Build a Digital Procurement Ecosystem in 8 Minutes!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). The Digital Procurement Ecosystem.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. Supply Chain Next · 013 – Brian Aoaeh, CFA. It was during that process that I honed in on supply chain. Let’s talk about why supply chain, and why now.

Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Is Your Supply Chain Ready To Recover? A new article in Harvard Business Review has been generating some automation-related controversy in the Supply Chain Community, as well as lots of buzz and interesting conversation. So is Supply Chain Management on death’s door?

Are Universities Training Students for Obsolete Jobs? And Where Does Supply Chain Fit in?

Kinaxis

by Alexa Cheater This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. Analysts have also long-discussed how automated manufacturing has replaced middle-class domestic manufacturing jobs. It’s true that more transactional Supply Chain related roles (such as Procurement Clerks and Warehouse personnel) are under threat of automation.

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.