SupplyShift

JUNE 25, 2021

And to take concrete action towards increasing sustainability performance, you must prioritize your supply chain , where the greatest ESG impacts are found. Yet a recent survey by The Sustainability Consortium (TSC) found that fewer than one in five companies have a comprehensive view of their supply chains’ sustainability performance.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Strategy Manufacturing Procurement 52

SupplyShift

JUNE 25, 2021

And to take concrete action towards increasing sustainability performance, you must prioritize your supply chain , where the greatest ESG impacts are found. Yet a recent survey by The Sustainability Consortium (TSC) found that fewer than one in five companies have a comprehensive view of their supply chains’ sustainability performance.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Strategy Manufacturing Procurement 52

SupplyShift

MARCH 15, 2022

Today’s sustainability goals are significant; there’s no denying it. all efforts turn to collaboration to slow the looming threat climate change poses on the future of our planet, among other crucial sustainability goals. Stats indicate that consumers are becoming increasingly interested in more sustainability.

Sustainability 52

Sustainability Manufacturing Procurement Procurement Solutions Purchasing Skills 52

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership. The Sustainability Reporting Problem.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 91

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 91

SupplyShift

MARCH 15, 2022

Today’s sustainability goals are significant; there’s no denying it. With governments worldwide coming together to combine forces and keep the rate of global warming below 1.5℃, all efforts turn to collaboration to slow the looming threat climate change poses on the future of our planet, among other crucial sustainability goals.

Sustainability 40

Sustainability Manufacturing Procurement Procurement Solutions Purchasing Skills 40

Silvon Software

JUNE 1, 2023

The KPIs here highlight procurement, production, logistics, and customer fulfillment. This includes procurement, production, transportation, warehousing, and distribution. You should strive for a balanced approach, considering the needs and expectations of both to achieve sustainable growth and long-term success.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

In 2017 I also assumed responsibility for Field Services and in 2019 Data Excellence & Analytics embracing digital transformation driving our Tailored, Sustainable and Connected 4.0 More recently this learning and application has evolved into the Tailored, Sustainable, Connected Transformation initiatives at Schneider Electric.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Game Changer

NOVEMBER 7, 2019

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). In fact, “only 3% of procurement leaders believe their staff possesses the skills required” (Deloitte 2018).

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

EcoVadis

DECEMBER 11, 2017

EcoVadis was recently chosen as an independent third-party solution provider for the new “ Responsible Beauty Initiative ,” which is a procurement initiative created by four European leaders in the cosmetics industry (Clarins, Coty, Groupe Rocher and L’Oréal) as well as all of their suppliers. Powered by EcoVadis.

Supply Chain Design Software 53

Supply Chain Design Software Supply Chain Planning Software Sustainability Industrial 53

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

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

Enterra Insights

OCTOBER 26, 2023

This data is direct feedback that supply chain managers can leverage to assess what leadership tactics are effective and which fail to drive workforce benchmarks.” As Davis notes, “Risk-resilient supply chains integrate design, planning, manufacturing, logistics, maintenance, and service.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Requis

OCTOBER 30, 2020

Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

EcoVadis

NOVEMBER 21, 2011

A critical issue for the automobile manufacturing industry, especially for those with SEC financial reporting requirements in the United States, is compliance with the Dodd-Frank legislation, or in other words, the soon to be finalized Conflict Mineral regulation. “If you want to go quickly, go alone. If you want to go far, go together.”.

Manufacturing Procurement 40

Manufacturing Procurement Sustainability Supply Chain Software San Francisco 40

Supply Chain Game Changer

FEBRUARY 22, 2022

This interview is with Drew Morgan, Director, Global Supply Chain and Procurement at ModusLink. First was that we were performing at a level that was far below industry benchmark and leadership levels. Efficiency and the drive to sustainability go hand-in-hand. That is when I met Drew Morgan. What are you working on these days?

Inventory Reduction 79

Inventory Reduction Material Savings Waste Reduction Price Reduction 79

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. With a common sustainability and compliance initiative through centralized CSR program that not only proactively assesses all suppliers but includes an ongoing monitoring initiative. Are they improving their sustainability over time?In

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

SupplyShift

NOVEMBER 4, 2020

When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. Revisit your commitments and goals Your sustainability commitments and goals should be a guidepost for your work.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. Your sustainability commitments and goals should be a guidepost for your work. Revisit your commitments and goals.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. The History of ESG and Corporate Finance .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

SCMDOJO

NOVEMBER 9, 2023

This comprehensive budget should encompass the entirety of ownership expenses required to sustain stock availability throughout the fiscal year. This technique involves selecting an individual item, meticulously counting it, and comparing the result to the benchmark.

Inventory Reduction 81

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 81

The Logistics & Supply Chain Management Society

JULY 14, 2021

We had to break them up into a lot of different modules, such as production management, order management, procurement, MRP, etc. It’s much easier to improve your on-time in-full (OTIF) performance, and thus comply with Walmart’s new edict, because you’ve got the OTIF information, so you can benchmark against the perfect order.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. Ordering costs: Also known as setup costs or procurement costs, ordering costs are the expenses incurred by a business each time it places an order for inventory or materials from suppliers.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. This helps them to meet the changing consumer demands for healthier and more sustainable products. Define your objectives and criteria for SKU rationalisation.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Matters

MAY 18, 2022

That businesses cannot act on sustainability needs without transparency, with upwards of 75 percent of profits at-risk if a company does not have a business imperative on overall ESG. More than many prior Sapphire conferences, supply chain and closely related business sustainability and ESG needs occupied many a conference sessions.

SAP 52

SAP Supply Chain Design Software Supply Chain Planning Software Conference 52

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

Infosys Supply Chain Management

JUNE 28, 2012

Industrial Manufacturing. Sustainability Services. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We reached out to many of our Infosys colleagues to get their views on the scope of sustainability within asset intensive organizations. Medical Devices.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 22

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. MRO inventory can account for a sizeable portion of a business’ total procurement spend.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Unleashed

JULY 11, 2021

Sustainability is in high demand, but who determines what makes a product sustainable, how it is sustainability measured and what do sustainability certifications and labels mean? Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. For example, analyzing procurement data to identify opportunities for bulk purchasing discounts or renegotiating supplier contracts. This helps in reducing costs while maximizing ROI.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Game Changer

FEBRUARY 27, 2019

Ecological responsibility and sustainable practices are both forms of social responsibility, and as more laws are passed governing the environment, ocean freight carriers will come under greater scrutiny, says Dave Blanchard of Industry Week. Supplier consistency applies to manufacturers as well. Environmental Risks.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Taulia

MAY 5, 2020

Proactive working capital optimization Choosing the correct approach Ensuring sustainability Measuring success Proactive working capital optimization As freeing up cash has become a priority for companies around the world, organizations are taking a creative approach to unlocking working capital. But it’s not impossible.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies Supply Chain Optimization 52

20Cube Logistics

FEBRUARY 3, 2022

Through providing lucrative discounts, offers and making their ware affordable, they had to resort to popular policies to navigate through the pandemic and sustain themselves. Suppliers could not deliver their raw materials on time and due to it, manufacturing and the day-to-day operations came to a point of stagnation.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 76