Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Supply Chain Shaman

SEPTEMBER 22, 2021

Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. Only 4% of manufacturing companies are innovators and 17% are early adopters.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

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

Supply Chain Shaman

NOVEMBER 11, 2020

Debt-laden JDA struggled to capitalize on its assets, and while revenue grew through acquisition, innovation stalled. Founded in 2000 by a group Global Process Industries, Elemica is a Supply Chain Operating Network enabling business-to-business commerce primarily in the chemical and rubber industries.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Now bear with me here….

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

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

Requis

JANUARY 22, 2021

I’m a chemical engineer. I was focused on our operations only at that time from a chemical engineering viewpoint. Wood has traditionally been seen as an engineering, procurement and construction (EPC) group. What do you see as innovative or disruptive in that space going forward? Where’d you come from?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Innovation Analytics Software 52

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.

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Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

DELMIA Quintiq

JULY 16, 2014

We are seeing many developments in the chemical industry. New and innovative processes for modularization of production are putting both production and logistics structures to the test. Modular production, broadly speaking, is an innovative concept which increases productivity through process intensification technology.

Optimal Sourcing 120

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 120

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. For manufacturing facilities, the pressure is on to become the essential link to a more sustainable value chain. The good news?

Manufacturing Procurement 62

Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). Herman Woltjes, Shell Chemicals – “Logistics Execution”.

Optimal Sourcing 171

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

Supply Chain Shaman

JULY 30, 2022

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background. Investment in control towers.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Matters

JANUARY 10, 2024

-based alternative asset investment company that focuses on private equity, technology and innovation. 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.

Supply Chain Design Software 52

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

Supply Chain View from the Field

MARCH 14, 2013

Our next SCRC meeting will focus on “The Future of Procurement”, and will be held on April 29-30, at the NC State University Club in Raleigh, NC. An important theme that will be explored at this meeting is around the role of procurement individuals in the future.

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Optimal Sourcing Procurement Meeting Raleigh 60

Procurement Academy

FEBRUARY 23, 2021

Tom Graham , a Consultant within Berwick Partners’ Procurement & Supply Chain practice has been speaking with Chief Procurement Officers across the globe, from a range of different sectors to discuss their leadership concerns during this next phase of the crisis.

How To 85

How To Buyer Training Manufacturing Procurement Pharmaceutical 85

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. The supply chain planning vendor faces the innovators’ dilemma. Procurement and transportation operated as islands. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

EazyStock

JANUARY 18, 2019

You will also gain insight on new innovations and technological applications within the industry. Send your high-level executives to Miami for inspiration on digital innovations for efficient supply chain practices. This event will boost your business by introducing you to the latest technology and innovative solutions.

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Supply Chain Design Software Gartner Supply Chain Software Optimal Sourcing 53

EcoVadis

SEPTEMBER 3, 2012

Do you hear more and more companies talking about Sustainable Procurement? EcoVadis is supporting companies in all sectors (from Finance to Chemical Industry), and suppliers in 94 countries. We would like to share some of the key trends we see. Two weeks ago the DoddFranck Conflict Minerals regulation was finally approved.

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Sustainability Optimal Sourcing Procurement Trends 40

Supply Chain View from the Field

JUNE 20, 2014

chemical and plastics industry was responsible for over 5 million U.S. based agriculture, chemical, manufacturing sectors and their value chains, with far-reaching potential impacts on socioeconomic development and the resurgence of production in the United States. As an example, in the 1950s, the U.S.

Manufacturing Procurement 60

Manufacturing Procurement United States Chemicals Supply Chain Software 60

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. Collaboration is the high-yield Investment. Keep Seeking the Breakthrough.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Shaman

DECEMBER 11, 2018

Supply chain innovation is slowly simmering in the face of radical disruption. A confluence of technology drives innovation. For example, if you are an innovator, roll-up your sleeves and test and learn using new technologies. Innovation is redefining business processes. It is the innovator’s dilemma.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

ivalua

FEBRUARY 24, 2020

Procurement Director. Jian works as a Director of Procurement at Fannie Mae. She leads a team that is tasked with identifying, designing, and implementing best practices and innovative solutions in support of corporate procurement’s delivery of business objectives and performance excellence. REGISTER NOW. Jian Xu, Ph.D.,CSCP.

DC 26

DC Optimal Sourcing Manufacturing Procurement Supply Chain Design Software 26

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

EcoVadis

JULY 19, 2019

Together for Sustainability , a collaborative initiative in the chemical industry, added 2 new members in 2018, and its 23rd — Wanhua Chemical Group — in February of 2019. Wondering where you stand — and where to start — on sustainable procurement? Assess your maturity in minutes with this diagnostic benchmark.

Sustainability 40

Sustainability Pharmaceutical Supply Chain Design Software Material Savings 40

EcoVadis

MAY 31, 2018

EcoVadis sustainability ratings and scorecards help procurement teams monitor supply chain Corporate Social Responsibility (CSR)/ESG practices across 190 sectors and 150 countries. Sustainable procurement is one of the four themes of our assessment; it has its own theme score and is included in the overall rating.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

BR Williams Supply Chain Management

JANUARY 18, 2021

Measure every element of the business from forecasting, procurement, inbound freight management , warehousing and inventory control to order processing, load consolidation, delivery scheduling and backhauls. Complacency has led to the demise of many logistics companies, while innovation has created today’s leaders.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

EcoVadis

OCTOBER 17, 2016

In addition to participating in the panel on Sustainable Procurement on day two, I was able to catch a few other sessions which set the context for how UIC and their railway business members are engaging in sustainability, and the clear opportunity for this industry to expand efforts to collaborate on sustainable procurement.

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Conference Sustainability Rail Software Manufacturing Procurement 53

Supply Chain Game Changer

JUNE 17, 2020

The US Geological Survey has conducted extensive chemical analysis of 23 sedimentary phosphate deposits (phosphorites) in the United States with the results demonstrating significantly enriched REEs in these ores. Lead by innovation. REEs could be made here in the U.S. He can be reached at [link] or via LinkedIn.

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Talking Logistics

DECEMBER 11, 2014

For related commentary, see Insights from Ryder Innovate 2014. A similar race is on to expand beyond the usual set of industries — namely, Automotive, High Tech, Retail, and CPG — and establish a leading presence in historically underserved and underpenetrated vertical industries, such as Oil & Gas and Chemical.

Predictive Analytics Software 201

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Supply Chain Network

JULY 10, 2011

Myers, 56, will lead the functional groups that make up the company’s integrated supply chain, including Procurement, Manufacturing, Engineering and Customer Service and Logistics. Myers earned his Bachelor of Science degree in Chemical Engineering from the University of Tennessee. Northfield, Ill.

Food 79

Food Agile and Lean Supply Chain Manufacturing Procurement Six Sigma 79

Talking Logistics

NOVEMBER 12, 2014

How can Apple, a company that is so innovative in so many aspects of its business, also be so ordinary (or worse, the opposite of innovative) in others? Unfortunately, many procurement professionals still labor in the Dark Ages and have not taken the maxim to heart. Afterward, Apple calculates how much it will pay for a part.

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Negotiate Pricing Negotiating Skills Purchasing Skills Price Reduction 165

Jaggaer

AUGUST 18, 2020

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. In fact, the European Fine Chemicals Group (EFCG) estimates that upward of 80% of chemicals used to make drugs sold in Europe now originate from China and India. .

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Pharmaceutical Manufacturing Procurement Procurement Company 98

Supply Chain Shaman

SEPTEMBER 30, 2012

It was earlier than even supply chain innovators. The ends of the supply chain–both in customer and procurement– are fragile. Last month, I was at a chemical manufacturer, and the Chief Supply Chain Officer walked me to the elevator. I quickly found that the two topics were worlds apart. Absolutely! Is there promise?

Supply Chain Design Software 286

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 286

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. The type and severity of CSR-related risk exposure can vary widely by category or industry both as a result of the business activity (for example labor risks in manufacturing, environmental risks in chemicals, ethical risks in extraction industries, and so on).

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Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56