Supply Chain Shaman

JUNE 29, 2022

I am the most worried about the chemical sector. The cash-to-cash impact for debt-laden chemical companies with 2% growth and 4% margins offers little room for error. The cash-to-cash impact for debt-laden chemical companies with 2% growth and 4% margins offers little room for error.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

Jaggaer

MAY 12, 2020

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Procurement Predictive Analytics Software 52

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

I am the most worried about the chemical sector. The cash-to-cash impact for debt-laden chemical companies with 2% growth and 4% margins offers little room for error. The cash-to-cash impact for debt-laden chemical companies with 2% growth and 4% margins offers little room for error.

Supply Chain Design Software 130

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

Logistics Viewpoints

JANUARY 23, 2023

Chevron Phillips Chemical (CPChem) needed a technology that facilitated fast solutions to pressing problems. Mr. Railey is the manager of data science at CPChem. CPChem was able to use Seeq to make faster data-based decisions. They chose an analytics platform from Seeq.

Chemicals 28

Chemicals Supply Chain Design Software Analytics Software Supply Chain Planning Software 28

Supply Chain Shaman

NOVEMBER 11, 2020

On September 30, the big data company Palantir went public in an initial 22B$ market valuation. I am frequently asked, “Can a big data data science company help to alleviate the current market pain in the supply chain?” Data science is only useful when companies are clear on the question to ask. Palantir IPO.

Supply Chain Design Software 312

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 312

Logistics Viewpoints

DECEMBER 12, 2022

In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. And because they were already using a SCP solution, they had already had clean master data.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Good luck with your analytics journey.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Logistics Viewpoints

MARCH 9, 2022

For example, retail has very specific needs depending on the products and the time for a slot to unload or load, while chemical companies have constraints such as what materials drivers can carry, what materials can be loaded or unloaded near other materials, and other regulations around the equipment that is used.

Optimal Sourcing 253

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 253

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. What is Electronic Data Interchange? First we must understand and get on the same page of what is Electronic Data Interchange, or EDI, as it is not only used in the transportation industry. How does Electronic Data Interchange (EDI) Work?

Electronics 262

Electronics Transportation Data Resource Reduction 262

SYSPRO Smarter ERP

OCTOBER 11, 2021

While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. In the chemical industry, certain chemicals can be dangerous if stored or transported close to each other. Variable end-products.

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

Logistics Viewpoints

APRIL 7, 2022

You will need to engage your procurement, sourcing, and finance teams as part of such an effort. Durbha has broad experience in strategy & process consulting, supply chain software, program management, software application development & deployment, machine learning and data science. Create a Baseline for your Cost-to-Serve.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 239

EcoVadis

FEBRUARY 28, 2018

The complexity of the electronics supply chain leads to a variety of sustainability issues, including unfair labor practices, presence of harmful chemicals and conflict minerals. Sustainable procurement offers benefits for all parties – it delivers customers safe, ethically sourced products, and reduces overall supply chain risk.

Electronics 63

Electronics Optimal Sourcing Sustainability Resource Reduction 63

Synovos

FEBRUARY 21, 2023

The report, based on a global survey of indirect procurement professionals, reveals that 82% of respondents regard inflation as a major challenge over the next 12 months. Build Strong Relationships with Suppliers What tactics can indirect procurement professionals use to help them manage these various crises?

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Vendor Strategies Supply Chain 52

AFFLINK

AUGUST 12, 2022

For procurement leaders, this finding indicates marked potential for making an environmental impact. Government policies & regulations — Particularly those in energy and chemical manufacturing. Prioritizing Technology & Data Provenance. The good news?

Manufacturing Procurement 62

Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). His first position was with Air Products and Chemicals in finance, and he quickly became bored with it.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Enterra Insights

DECEMBER 21, 2022

She stated, “We must use big data and digital tools to protect food security and increase climate resilience. New technologies and data generation can transform business practices across the agricultural value chain and address bottlenecks in, productivity, harvesting, market access, finance, and supply chain management.”[1]

Food 130

Food Security Optimization Software Optimal Sourcing 130

Logistics Viewpoints

MARCH 29, 2021

Refractories are products that have been chemically engineered to resist high temperatures. Their goal was to build an infrastructure around applications based on one data model. Demand planning is improved when the sales opportunities in a customer relationship management system are a data source for the forecasting.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Shaman

JUNE 23, 2020

Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019. Data science and cloud-based delivery offer promise, but supply chain planning is morphing slowly. The data scientist is over-zealous, and the Supply Chain Leader is wary. The reason?

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Material Handling & Logistics

SEPTEMBER 4, 2017

Interconnected global supply chains, heavy dependence on chemical products and the lack of sub-tier visibility are key factors affecting recovery timelines. Second, Texas’ chemical industry is a foundational block of the interconnected global supply chain.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 97

EcoVadis

APRIL 14, 2016

What an immense showing of commitment to sustainable procurement we witnessed Tuesday for Sustain16! Over 350 participants and speakers from almost every industry from chemicals to film production to air transportation to FMCG and everything in between. Transparency’s new era emphasizes data-driven understanding.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

Procurement Academy

MARCH 24, 2022

Cyber-attacks will likely increase on both sides of the “new iron curtain”, and there is an increased risk of chemical or nuclear contamination in the region. A 100% volunteer, not-for-profit group of procurement professionals have already come together to help those most impacted most. What can supply chain practitioners do?

Ukraine 98

Ukraine Manufacturing Procurement Scenario Planning Supply Chain Planning 98

Talking Logistics

NOVEMBER 10, 2014

Herman Woltjes, Shell Chemicals – “Logistics Execution”. Specifically, the company deployed a Vendor Interaction Portal (VIP) powered by Elemica to exchange documents like purchase orders and invoices with suppliers (for direct procurement). Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

DELMIA Quintiq

JULY 16, 2014

We are seeing many developments in the chemical industry. At the Chemical Logistics Forum, held by the German Logistics Association (BVL) in the Höchst district of Frankfurt, participants got a first-hand look at current trends in the chemical logistics field. Production facilities can thus be scaled back.

Optimal Sourcing 120

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 120

NC State SCRC

JANUARY 24, 2017

The relationship between sales and procurement has always been a contentious one. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Optimal Sourcing Negotiate Pricing 40

Supply Chain Shaman

JUNE 14, 2018

More Data Has Not Resulted In Improved Results. When a manufacturing operation is small, MRP data is easily viewed. As companies become larger, the data set becomes increasingly complex with dependencies that are difficult to manage by only looking at transactional level data. The gaps create waste. Cross Site Analytics.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. 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. Three key elements are suggested.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

JUNE 3, 2013

Today, while the hype has dissipated, some data exchanges remain, and a few are starting to thrive again. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 259

Resilinc

JANUARY 31, 2023

1 Manufacturing Disruptions The biggest news in CommodityWatch AI ’s 2022 data is that Higher Consumption played a much smaller role in 2022 than it did in 2021. In 2021, consumer demand skyrocketed in patterns that defied historical demand forecasting models.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

QAD

JUNE 23, 2022

We can trace back the current challenges in the supply chain to a lack of visibility, incomplete data integration and the need to automate manual tasks. A strong IT system, automated tasks and data visibility benefit the supply chain even when disruptions occur. Episode #5: Supply Chain Leadership: Risk, Resiliency and Trust .

Manufacturing Procurement 74

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 74

Supply Chain Shaman

APRIL 29, 2024

For example, in the chemical industry don’t forget the importance of envelopes, material balances, reverse bill of materials, grades, etc. Focus outside-in on channel signals, recognize that most companies have five to seven demand streams, and then align the demand streams to supply strategies (using supply network data).

195

195

Arena Solutions

JUNE 9, 2022

Fulfilling safety and environmental regulations, procuring components with existing supply chain concerns, and meeting quality requirements are all challenges that have electric vehicle (EV) manufacturers turning to digital solutions and processes to help them collaborate across the supply chain. Improve efficiencies and optimize production.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 96

Supply Chain Shaman

AUGUST 12, 2020

The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Since the Supply Chains to Admire is a data-driven analysis, it is less subject to industry bias. During the presentation, I squirmed uncomfortably in my seat.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . Published reports cited data from the Dodge Construction Network indicating that the construction of new U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Logility

SEPTEMBER 26, 2017

For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. You may find your master data needs to be amended.

Modeling 113

Modeling Supply Chain Planning Software Optimal Sourcing Supply and Demand 113

Supply Chain Matters

JANUARY 10, 2024

This SaaS software provider has a noted 7,000 customer with a vertical industry presence spanning chemicals and life science , government , manufacturing and metals and mining industry sectors. ” No financial data was disclosed regarding the acquisition. Optilogic Acquisition of Insight Inc.

Supply Chain Design Software 52

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