EC Sourcing Group

NOVEMBER 3, 2021

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study. Spend Matters’ newly released Fall 2021 SolutionMap report names EC Sourcing Group a Customer & Value Leader across multiple organization types.

EC Sourcing 52

EC Sourcing Optimal Sourcing Sourcing Strategies Benchmarking 52

The Logistics & Supply Chain Management Society

DECEMBER 8, 2021

The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies. Talent gap in logistics – how big is it?

Supply Chain Planning Software 246

Supply Chain Planning Software Gartner Agile and Lean Supply Chain Buyer Training 246

Material Handling & Logistics

OCTOBER 22, 2018

Supply chain management is a career that perfectly matches the skill set of the Millennial generation—if they can be persuaded to pursue it. Now they are not only being asked to give that over to the machines, but they have to learn yet more skills. Training for the Future. “We A recent study by Deloitte bears out what Speier?Pero

Negotiating Skills 104

Negotiating Skills Buyer Training Supply Chain Skills Supply Chain Software 104

Resilinc

NOVEMBER 14, 2022

While lockdowns kept skilled workers at home and distancing precautions forced factories to operate with fewer staff, many factories were also retooling to make new products, such as chemical-based hand sanitizers. The post Resilinc study: fire risks grow while easy mitigations are often ignored appeared first on Resilinc.

Study 62

Study Buyer Training Japan Supply Chain Risk Management 62

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. A good supplier translates to high-quality products, satisfied buyers, good feedback, and repeat sales. On the other hand, a bad supplier means low-quality products, dissatisfied buyers, negative feedback, and a bad reputation.

Manufacturing Procurement 53

Manufacturing Procurement Sourcing Strategies Sourcing Negotiating Skills 53

Supply Chain Matters

FEBRUARY 12, 2024

Such activism was demonstrated in labor contract negotiations, more aggressive tactics on the part of labor unions, and in actual strike actions. With government trade policies favoring more domestic sourcing of deemed strategic supply networks such as semiconductor devices, there are already indications across the U.S.

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

ThroughPut

MARCH 28, 2024

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! AI can help identify potential disruptions and facilitate proactive adjustments, be it in sourcing, operations, or distribution. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

GlobalTranz

JANUARY 19, 2015

Many companies are already doing it, and according to a recent BCG study, 54 percent of companies with over billion in revenues are now considering it. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. So where should a company begin?

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

SCMDOJO

MARCH 25, 2024

As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Courses aim to provide students with theoretical knowledge and practical skills, preparing them for real-world challenges.

Negotiating Skills 89

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 89

Kodiak Hub

NOVEMBER 25, 2021

Some buyers and suppliers have relationships where one party, or both parties, genuinely believe that the other party doesn’t care about their business relationship. ??Responding Some buyers and suppliers have relationships where one party, or both parties, genuinely believe that the other party doesn’t care about their business relationship.

Negotiate Pricing 98

Negotiate Pricing Vendor Strategies Buyer Training Negotiating Skills 98

ivalua

MAY 6, 2021

Meanwhile, organizations face myriad external risks: climate disruption, geopolitical issues, increasingly strict legislation and regulations, and, of course, the global pandemic all impact the supply chain, and Procurement is under heightened pressure to mitigate those macro risks with effective sourcing and supplier management processes.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130

AIMMS

OCTOBER 1, 2019

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Source: Gartner, Market Guide for Supply Chain Analytics Technology, May 28, 2019. The use of these optimization techniques has been around for decades but has traditionally demanded expert skills. We turned 30 this year.

Prescriptive Analytics Software 262

Prescriptive Analytics Software Analytics Software Optimal Sourcing Analytics 262

Supply Chain Shaman

AUGUST 12, 2013

It is the sourcing and development of mid-management talent. In the study, when companies were asked to self-assess their capabilities to manage supply chain talent, 17% self-rated that they perform better than their peer group while 34% reported that they do worse than their peers. It is large. Isn’t this ironic?

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 303

Supply Chain Shaman

SEPTEMBER 13, 2023

By and Large, The Bullwhip Whipped US The bullwhip effect is a supply chain phenomenon where orders to suppliers tend to have a larger variability than sales to buyers, which results in an amplified demand variability upstream. Each of these tests took 3-4 months to analyze the data, train the teams, and test market factors.

Supply and Demand 397

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 397

ModusLink Corporation

APRIL 22, 2024

Electronics components require specific training, facilities, and equipment due to their delicate nature and sensitivity to environmental factors. Skilled workforce trained in the latest assembly techniques and quality standards. Consider the unique requirements of your manufacturing process.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Supply Chain Shaman

SEPTEMBER 1, 2019

As can be seen in the analysis, 80% of the industries studied for the report went backward on key performance measurements like cost and inventory management over the last decade. The major gaps are finding employees with the right skills, training on next-generation processes and the lack of executive understanding of supply chain processes.

Supply Chain Software 237

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 237

ivalua

FEBRUARY 4, 2020

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. Source: 2019 Supply Chain Data Quality and Governance Study. Provide training to suppliers so they can improve data quality and consistency. But it’s not easy.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

Supply Chain View from the Field

FEBRUARY 9, 2015

Second, there are numerous sources of unquantifiable sources of instability, including regional conflict in producing areas, theft, and uncertainties raised by the nationalization of oil companies, which can lead to significant disruptions in both investment cycles and short-term availability.

Negotiating Skills 60

Negotiating Skills Buyer Training Purchasing Training Sourcing Strategies 60

ivalua

APRIL 12, 2019

Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here. The strategy for the firm is to embed AI onto the core Ivalua platform for multiple use cases across the whole source to pay process. Alex Saric, the CMO of Ivalua, started with the context for AI.

Analytics Software 176

Analytics Software Negotiating Skills Supply Chain Planning Software Predictive Analytics Software 176

QAD

APRIL 13, 2023

According to a new study by Deloitte and The Manufacturing Institute, the manufacturing skills gap in the U.S. And unfortunately, the situation is impacting CMOs as well and requiring leaders to be more creative and agile to attract and retain skilled workers. is likely to reach 2.1

Pharmaceutical 93

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 93

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

However, a lower uptake and large gaps between knowing and doing can be observed for other measures like eco driver training and low-resistance tyres. Thus, freight buyers need to do more to integrate decarbonization into their procurement practices. Is This the Hardest Leadership Skill to Master? Load More.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

SCMDOJO

AUGUST 21, 2023

Moreover, TikTokers possess a refined skill for generating content that resonates authentically with their followers. Through immersive case studies and real-world anecdotes, she kindles a revolution in supply chain practices, fostering a vibrant community of enthusiasts.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

Kinaxis

AUGUST 9, 2018

To best integrate these technologies and share information among buyers, suppliers and partners, supply chain professionals also need to reshape their supply chains into digital supply networks (DSNs). Training for the DSN world. Approximately 2 million of those will go unfulfilled because of the current skills gap.

Supply Chain Network Software 120

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 120

Jaggaer

OCTOBER 22, 2020

A case study presentation by Youness Taghrichte provided a good example of how JAGGAER customers in the financial services sector are tackling these issues. A case study presentation by Youness Taghrichte provided a good example of how JAGGAER customers in the financial services sector are tackling these issues.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

AIMMS

OCTOBER 1, 2019

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. The use of these optimization techniques has been around for decades but has traditionally demanded expert skills. While data science talent is scare, o rganizations today are also more willing to invest in these skills. – Tweet this.

Prescriptive Analytics Software 207

Prescriptive Analytics Software Analytics Software Optimal Sourcing Analytics 207

BlueYonder

MARCH 11, 2024

According to a study by PwC, 82% of U.S. Empowering Employee Empathy When Equipping Them With Tech Comprehensive training for store associates is critical in navigating the balance between tech and touch. Employees should not only be adept in using technology, but also skilled in employing it to enhance customer service.

Supply Chain Planning Software 76

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 76

AIMMS

JANUARY 25, 2018

The skills of the past are no longer sufficient to meet the demands of today’s complex, fast- moving digital environment , or prepare for the future. Many companies are focusing their recruitment efforts on attracting millennials (people born between 1985 and the late 90s) to address the skills gap. Source: SCM World.

Supply Chain Design Software 207

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 207

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Negotiate, Negotiate, Negotiate.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

DELMIA Quintiq

JUNE 5, 2023

While the promise is clear, and we see a growing number of case studies proving the benefits of the approach, many companies struggle to create and maintain digital twins. Many webinar participants reported that “Having the right people and skills” was a challenge. So, are they achievable, from a practical perspective?

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

Logistics Bureau

DECEMBER 9, 2020

For instance, the Chief Procurement Officer will lead the sourcing process, develop the procurement strategy, identify potential suppliers, and manage short and long terms goals. Members of the Sourcing Team are charged with finding out who’s in the market, who can do the work, and at what price. 5) Sourcing Team Member.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

Supply Chain Shaman

FEBRUARY 13, 2020

The process is easier and the required skill level not as high. In Figure 1, I share data from the risk management study of 2015. To make this journey requires the building of outside-in processes from the market and orchestrating the signal seamlessly across make, source and deliver. A Client Case Study.

Optimal Sourcing 237

Optimal Sourcing Modeling Forecasting Supply and Demand 237

Supply Chain Opz

JANUARY 4, 2017

Should I study international business or supply chain management in grad school? - Due to the volume of data and source of data, you many have to do data cleansing, data manipulation and data analysis. Are you willing to learn multiple skills? Do you have excellent negotiation skills? Are you serious?

Negotiating Skills 165

Negotiating Skills Supply Chain Optimization Buyer Training Optimal Sourcing 165

Logility

NOVEMBER 2, 2021

Logility recently added onto the experience, allowing students to dive further, learning how to source vendors, issue purchase orders and even track work-in-process and inbound shipments. Giving students access to Logility’s Digital Supply Chain Platform and real-world training is a professional gamechanger.”. About FIDM.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Logility Supply Chain Design 130

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 320

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. Image source. Image source: APA. Without a doubt, study after study continues to show that an excessive workload is the number one factor that contributes to stress at work.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

ToolsGroup

OCTOBER 3, 2022

Source: Bloomberg.com. Forecasts by Korn Ferry cited that by 2030, more than 85 million jobs might go unfilled as there won’t be enough skilled people to fill them. Despite some improvements, a shortage of skilled workers remains a challenge across both frontline workers and executive offices. Where Are All the Retail Workers?

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

AIMMS

JANUARY 25, 2018

The skills of the past are no longer sufficient to meet the demands of today’s complex, fast- moving digital environment , or prepare for the future. Many companies are focusing their recruitment efforts on attracting millennials (people born between 1985 and the late 90s) to address the skills gap. Source: SCM World.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 156