ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

QAD

JULY 13, 2021

As our conversation continued, we focused on the following topics as prime candidates for some of her team’s next steps: Support Long-term Supplier Relationships. Suppliers can better mitigate any issues and maintain focus where efforts are working well. The post Successful Strategic Sourcing Engagement?

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. But simply putting an S&OP strategy in place isn’t enough.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

ivalua

DECEMBER 16, 2015

For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. Unfortunately for manufacturers, there are many areas in need of improved visibility such as customer demand, inventory, total cost, and supplier risk.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Visibility Real-time Visibility Manufacturing 124

SYSPRO Smarter ERP

APRIL 4, 2024

Managing varying resource availability while meeting customer orders requires effective planning and scheduling. If demand for a particular product unexpectedly surges, the manufacturer might not be able to ramp up production quickly due to material shortages or capacity limitations.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

SYSPRO Smarter ERP

NOVEMBER 10, 2021

Supplier management. The supply chain shocks of the past 18 months have shown that traditional supply chain management practices need to be reviewed. Investing in IIoT will be necessary to improve efficiency and manage capacity on the shop floor. Inventory management. Manufacturing systems.

Manufacturing Procurement 111

Manufacturing Procurement Electronics Supply Chain Design Software Manufacturing 111

ivalua

JANUARY 13, 2023

However, these changes will place a strain on diversity and supplier management teams within these organizations. . Specifically, Source-to-Pay solution providers are critical supplier diversity partners and customers should trust these partners to support their diversity initiatives. . Ethical Spend Toolset.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

SCMDOJO

FEBRUARY 29, 2024

Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance. Others will have a purchasing or supplier management board at the senior management level.

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

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

Unleashed

MARCH 8, 2023

It’s important to choose inventory management software that has the capacity to handle spikes or increasing amounts of data over time. However, balance this against the budget – you don’t want to pay for high data capacity if it is an occasional event, or to a level not expected for some years. Mobile capacity.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Forecasting Software Demand Planning Software 52

ivalua

SEPTEMBER 19, 2022

For example, nearly half (43.9%) of CPOs responding to a recent survey by Ardent Partners indicated that they do not know what percent of their suppliers are high risk. Rather than disrupt supply, let’s disrupt supplier management. Onshoring suppliers is another recent reactionary trend.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

ivalua

OCTOBER 15, 2015

In the world of supplier management, the risk register is becoming a prominent and high profile tool for manufacturers. The risk register is an active, fluid database that needs to be integrated into all supplier management and sourcing activities. Putting a supplier on corrective action.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Manufacturing Material Savings 100

Jaggaer

FEBRUARY 12, 2020

Forbes reported that Dell Technologies, HP, Qualcomm, Huawei, Samsung, Qorvo, Skyworks Solutions, MagnaChip Semiconductor, and Amkor Technologies are all looking at disruptions to their supply chains : most of th e contract manufacturing capacity is located in regions that are under similar restrictions as the province of H ubei. .

Supply Chain Network Software 88

Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software Global 88

ivalua

DECEMBER 14, 2020

“As you add tools and technologies to try to solve these challenges, the landscape becomes very complex, creating data silos that limit stakeholders’ access to the data they need to understand supplier capacities and forecast effectively.” Start by Putting the Right Technology in Place. Automation is also an essential capability.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

QAD

APRIL 22, 2021

Automation removes the guesswork and over-reliance on buyer memories to assess and compare costs, quality, capacity, services and other important factors associated with a variety of suppliers. This helps ensure a standard sourcing process results in the right contract with the right supplier.

Manufacturing Procurement 84

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 84

Jaggaer

JUNE 9, 2020

Plus, these tools can integrate into supplier management systems to combine contract results with other risk assessment factors. Connect Suppliers Digitally. Quick communication with suppliers is key when the situation is evolving quickly. A supplier portal lets you push updates and communicate securely as changes occur.

Sourcing Strategies 52

Sourcing Strategies Price Reduction Manufacturing Procurement Procurement Solutions 52

Resilinc

FEBRUARY 14, 2022

At a minimum, companies should determine which of their suppliers may be impacted, survey those suppliers to confirm what parts and materials are impacted, and inquire about mitigations that are in process.

Detroit 62

Detroit Canada Automotive Manufacturing Procurement 62

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Enterra Insights

MAY 4, 2020

Step 4 : Determine how to ramp up capacity by focusing on sales and operational planning. Allocate the available capacity and inventory only to products that allow you to achieve your specific objectives during the recovery period. Step 5 : Book logistics capacity as soon as possible.

Supply Chain Planning Software 173

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Strategy 173

ThroughPut

FEBRUARY 23, 2024

AI for supplier relationship assessment. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. AI algorithms evaluate supplier performances and analyze compliance with risk factors that help you manage supplier relationships effectively.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

EC Sourcing Group

DECEMBER 1, 2021

Determine your spend amount, spend pattern and carriers you use; is it seasonal, uniformly spread over the year; which lanes – origin and destination, truck capacity, type of equipment required – flatbed, vans, less than truckload (LTL), containers, or special equipment. Managing transportation spend. Is trucking a commodity?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

EC Sourcing Group

SEPTEMBER 2, 2021

Determine your spend amount, spend pattern and carriers you use; is it seasonal, uniformly spread over the year; which lanes – origin and destination, truck capacity, type of equipment required – flatbed, vans, less than truckload (LTL), containers, or special equipment. Managing transportation spend. Is trucking a commodity?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

QAD

AUGUST 30, 2023

It is a “boundary spanning” activity that, in order to be effective, requires active engagement with cross-functional teams including sales, manufacturing, supplier management and business management. What is the Goal of S&OP? What are the Benefits of S&OP? What Makes S&OP Successful?

S&OP 52

S&OP Supply and Demand Scenario Planning Supply Chain Planning Software 52

SCMDOJO

JUNE 21, 2023

However, many companies lack awareness regarding supplier onboarding, selection, and S&OP with supplier management. Moreover, investing, hiring, and assignment can be challenging, leading to complex structures and hindered S&OP with supplier management.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

Supply Chain Movement

SEPTEMBER 30, 2013

Better external engagement: Go beyond Tier 1, develop cost-effective strategies and techniques to assess suppliers of your suppliers and achieve meaningful audits. Harness the power of capacity building in your suppliers and value chain; build cost effective programs to spread your standards down your supply chain.

Sustainability 87

Sustainability Cost Reduction Strategies Supply Chain Strategy Buyer Training 87

Supply Chain Game Changer

OCTOBER 4, 2022

Other notable accomplishments include project management for an automotive supplier, managing international and domestic freight services for a large international manufacturer, managing domestic and international sales for a freight forwarder, and leading the purchasing team for a global chain manufacturer.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Software Logistics 90

Supply Chain Matters

SEPTEMBER 21, 2022

His responsibilities are leadership of Jabil’s global commodity management, quoting, supplier relationship management efforts. Graham’s teams analyze commodity market trends, pricing, capacity and supply/demand models for Jabil ’s multi-industry customers.

Manufacturing Procurement 109

Manufacturing Procurement Supply Chain Network Software Agile and Lean Supply Chain Supply Chain Strategy 109

Precoro

JUNE 6, 2022

Sometimes lines between manufacturer, supplier, and vendor roles are not clear. For example, one company can act as a vendor at the market but at the same time have producing capacities and manufacture its own goods to supply itself and other vendors. Check-list for Distinguishing Vendor from Supplier.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Proxima

NOVEMBER 10, 2022

It’s time for businesses to be bold in their spend and supplier management practices. This is going to provide CPOs all over the world with huge capacity and capability challenges when needing to do more, and more complex work at the same time.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction Strategies 52

GlobalTranz

OCTOBER 5, 2015

The decision-making capacity of smart devices within an IoT-enabled network also affects the overall supply chain structure. Traditional supply chain tasks in procurement , planning, logistics and supplier management would be streamlined by intelligent, data-driven systems in a collaborative multi-enterprise environment.

Internet of things 120

Internet of things Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 120

Talking Logistics

NOVEMBER 3, 2014

Managing Carrier Capacity in an Improving Economy. Is tightening capacity a short-term trend or the beginning of a new normal? Talent Management as the Core of a Supply Chain Strategy. Suppliers (supplier management and supplier quality issues).

Innovation 174

Innovation Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 174

GlobalTranz

AUGUST 17, 2015

As stated by Michel Shaughnessy, Vice President of Integrated Supply Chain for the company “In order to reach a level of earned preferential treatment, Raytheon has to build stronger bonds and greater trust into supplier relationships.” . Manage working capital. To establish and maintain leadership, organizations must innovate.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

Supply Chain View from the Field

FEBRUARY 25, 2015

It takes six years to build a biotech production facility, and a billion dollars, so increasing capacity in the face of uncertain demand is a huge issue for us.” You want favorable economics, reduced risk, and reduced numbers suppliers. This was considered heresy – sharing capacity is sacrosanct.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Design Negotiating Skills Price Reduction 60

Supply Chain Game Changer

AUGUST 15, 2019

It’s vital, then, to use a consistent Supplier Management system to vet excellent suppliers and secure the ones that will help your brand to stay strong. When your Supplier Management process is standardized, you can quickly run it again and again, vetting more suppliers more quickly.

Negotiate Pricing 58

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 58

Proxima

APRIL 10, 2020

They then orchestrate the response using the resources available and on-demand support packages from Proxima; Quickly assimilates and frames key challenges Orchestrates response through available resource and on-demand support Manages the plan. Capacity and Capability on-demand. Supplier Management and Ecosystems.

Resource Reduction 98

Resource Reduction Cost Reduction Strategies Modeling Vendor Strategies 98

EazyStock

JANUARY 6, 2023

Supplier management Supplier ranking Even the best inventory management systems and processes will fail without a robust supply chain. If your suppliers can’t deliver what you need when you need it, customers will move to your competitors.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

EazyStock

JANUARY 6, 2023

Supplier management. Supplier ranking. Even the best inventory management systems and processes will fail without a robust supply chain. If your suppliers can’t deliver what you need when you need it, customers will move to your competitors.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52