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As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. What Is Agile Procurement?
When you talk to companies that have implemented enterprise or supplychain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex implemented a multi-enterprise supplychain network platform from SAP called SAP Business Network.
Kinaxis' recent certification by Catena-X underscores a broader industry shift: the need for trusted, standardized, and sovereign data collaboration across the entire automotive value chain. The promise of Catena-X Catena-X represents a bold initiative : a unified data ecosystem designed specifically for the automotive sector.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
For example, an ERP for automotive distributors needs to include not just a standard sales function but also allow for automotive-specific processes like call-offs and contract pricing, as well as other processes like returns and lot traceability. What is automotive distribution? What is automotive distribution?
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
In February, Klaus Niebur, the director of global supplychain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. in turn, is a boutique procurement consultancy.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.
Fictiv , a global supplychain technology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., These events are exposing traditional manufacturing and supplychain methods that are expensive, inefficient, and opaque, creating inordinate risk in building and scaling products.
But amid the ups and downs, one thing remains constant: the need for agility and adaptability in supplychain management. Let’s take a closer look at how four key industries—automotive, consumer packaged goods (CPG), high tech, and industrial manufacturing—are navigating the tariff rollercoaster and adjusting to the shifting landscape.
Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Streamlined Lead Times: Improved procurement efficiency potentially resulting in cost savings from optimized shipping arrangements and favorable supplier terms.
Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supplychain can help. Today, in order to accomplish these goals, continuous improvement in global supplychain execution has become a core supply capability required by most automotive OEM’s.
Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math.
According to one survey , only 27% of leaders believe that they have the talent needed to meet current supplychain performance requirements. What should supplychain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious SupplyChain Award. We need people that are adaptable.
When you consider the increasing complexity of the automotivesupplychain, collaboration continues to play an important role. It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level.
Hannah Kain and Joe Lynch discuss the outsourced supplychain, a topic Hannah is familiar with due to ALOM ‘s extensive experience managing supplychain functions for diverse industries. About Hannah Kain Hannah Kain is President and CEO of ALOM, a supplychain company she founded in 1997.
The establishment of efficient global supplychains has become critical to competitiveness. From raw material procurement to final product sales, these supplychains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies.
In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supplychain visibility. Another way to shorten the pipeline is to reduce the number of suppliers or supply base reduction. The answer is NO.
Over the course of the last two years, we at SupplyChain Insight s have worked on a methodology to gauge supplychain improvement. We named it the SupplyChain Index. We have found that supplychain metrics are gnarly and complicated.During Background on the SupplyChain Index.
There are hundreds, if not thousands, of factors that impact the worlds automotivesupplychains from tariffs and other trade policies to increasing extreme weather events , interest rates, inflation, sustainability pressures and the rise of artificial intelligence (AI). They want customized and personalized product options.
Resilinc made a powerful impact at ISM World 2025—highlighting how AI-driven foresight and financial risk intelligence can transform reactive supplychains into strategic assets. You can still experience what’s next in supplychain resilience.
Over the years, cost and efficiency ruled the supplychain agenda. The Chief SupplyChain Officer (CSCO) has gained prominence as organizations tackle the disruption and prepare for a post-COVID world. Corporations across industry verticals are looking to diversify sources of supply beyond China.
The global supplychain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supplychain sector and value chain. Instead, supplychain leaders need to focus on the minimization of waste, and the alignment of signals.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
Over his 30+ year career in the supplychain, Richard has worked with manufacturers around the world in operations, supplychain, and lean strategy roles to develop systems that can manage complex supplychains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. More companies will treat SupplyChain Design as a continuous business process instead of a standalone project or a once-a-year exercise. as of this morning — a lower price than 5 years ago!
Her experiences offer valuable “food-for-thought” for life sciences supplychain management professionals. As an aside, if you are an executive wondering if your experience in a supplychain leadership role can actually transfer to another industry, you might be pleased to know the value you can add.
No company has ‘truly’ modeled the full relationship set between how companies interact with other companies upstream and downstream in the supplychain. Even companies who have invested in building an accurate database of their direct suppliers know very little about the next tier of suppliers upstream in the supplychain.
The automotive industry has shown itself to be brave in recent times, in all areas but one: the supplychain. In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation.
Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supplychain resilience for electronics manufacturers. Trey and his Co-founder Taha Zinifi started Amplio in Summer 2021 to help solve one of the most critical supply challenges facing the industry. Streamline procurement. About Amplio.
Excess inventory weighs down supplychains. Obsolescence hits hardest in sectors like automotive, where model updates are frequent. The Shift to On-Demand Production Models Modern supplychains need flexibility more than volume. It ties up capital, wastes storage space, and risks product obsolescence.
The days of managing supplychains through databases and changing information are over. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supplychain management. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in SupplyChain Management.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
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 supplychain decisions. Challenges. Real solutions. Expansive capabilities. Blue Yonder Group Inc.
Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. .
The automotivesupplychain is undergoing a seismic shift. Today’s leaders must juggle a complex array of challenges, from integrating artificial intelligence (AI) and prioritizing sustainability to managing talent pipelines and ensuring supplychain transparency. You use less, which saves you money.
I take supplychain seriously. I believe that better supplychain practices can save the world, and I think that it makes a difference in warfare and welfare. Today, when I talk about building the end-to-end value chain, people will look at me strangely and say “That is not supplychain.
Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. An optimized supplychain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. Defining Transportation Optimization.
Note: This is an ongoing series of posts on new developments within the automobile supplychain, with examples of best practices. This transaction is represented by the “procure to pay” cycle. The post What is an ASN and why is it so important to the automotivesupplychain?
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
We have a lot in store for you and your colleagues, so please consider this roadmap of key attractions and pit stops for this year’s automotive sessions at QAD Explore 2019. Procure to Pay – A Day in the Life. Extending Your SupplyChain with QAD Supplier Portal. Key Attractions in New Orleans.
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