SupplyShift

MAY 3, 2023

In an effort to address this critical issue, the EUDR strives to lessen the effects of deforestation and forest degradation associated with the importation of certain commodities. Companies are also required to develop and implement appropriate measures to address any identified risks or adverse effects of deforestation.

Supply Chain Strategy 40

Supply Chain Strategy Sustainability Supply Chain Report 40

QAD

FEBRUARY 7, 2023

Supplier relationship management falls under the larger supply chain management function your business requires to operate. Not to be confused with supplier risk management, supplier relationship management refers more to effectively managing supplier relationships to achieve better business outcomes.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

GlobalTranz

NOVEMBER 19, 2018

But there are some risks. That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

Procurement Academy

JUNE 30, 2022

There’s also the risk that competitors will manage fluctuating procurement prices more effectively, and steal market share. Assessing whether cost increases are fair game or taking the mic. Assessing whether cost increases are fair game or taking the mic. Now we find ourselves in a similar situation.

Procurement Analytics 95

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 95

Resilinc

APRIL 23, 2024

April 30 — The German Supply Chain Due Diligence Act (LkSG) The German Supply Chain Due Diligence Act (LkSG) requires large German companies to monitor and address human rights and environmental risks in their global supply chains, with penalties for non-compliance.

Chemicals 59

Chemicals Sustainability Report Supply Chain 59

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Cost Optimization : Commodity prices in the energy sector can be highly volatile.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

Resilinc

FEBRUARY 22, 2022

As people in the Ukraine and around the world anxiously monitor the threat of war with Russia, supply chain managers must take stock of the risks to their supply chains and focus on potential mitigation measures. Russia produces about 12% of the world’s oil and is Europe’s largest natural gas supplier.

Russia 104

Russia Ukraine Scenario Planning Supply Chain Planning 104

OptiProERP

DECEMBER 18, 2023

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. From invoicing, making payments, and managing suppliers, procurement saves time while building positive supplier relationships. Suppliers may offer flexible payment plans, product warranties, and other services.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

HICX Solutions

JUNE 12, 2023

In this episode of the Supplier Experience Live podcast, we spoke with Yash Rai , Vice President, Procurement and Supply Chain Solutions at The Smart Cube. He says their clients need help in mapping spending for different commodities and forecasting future prices to lower the shock of price fluctuations. They

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Trends Forecasting Software 52

SupplyShift

APRIL 28, 2021

So, if your company is new to sustainability programs and increased supply chain transparency, or even if you’re a leader in the field, we’d like to offer the best practices we’ve seen implemented by our customers for assessing supplier sustainability performance and driving improvement.

Sustainability 52

Sustainability Pharmaceutical Sourcing Strategies Optimal Sourcing 52

SupplyShift

APRIL 28, 2021

So, if your company is new to sustainability programs and increased supply chain transparency, or even if you’re a leader in the field, we’d like to offer the best practices we’ve seen implemented by our customers for assessing supplier sustainability performance and driving improvement. . Define the Data You Need.

Sustainability 52

Sustainability Pharmaceutical Sourcing Strategies Optimal Sourcing 52

Precoro

SEPTEMBER 6, 2021

Tasked with choosing suitable suppliers and negotiating the most favorable contract terms. Involves defining the need, researching the market, running sourcing events, vetting suppliers, and negotiating contracts. Creates vendor and supplier relations. Manages supplier relationships to procure goods. Procurement.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Resilinc

FEBRUARY 14, 2023

The Uyghur Forced Labor Prevent Act (UFLPA), which has been in effect since June of 2022, should be top of mind for any organization that has suppliers in China. Currently, The Department of Homeland Security (DHS) has chosen to target four high-risk sections of goods: apparel, cotton, tomatoes, polysilicon, and most recently aluminum.

Supply Chain 62

Supply Chain Manufacturing Procurement Electronics China 62

Enterra Insights

FEBRUARY 25, 2022

Bloomberg reports, “The crisis has driven oil prices toward $100 a barrel and sent tremors through other commodity markets too, threatening another wave of price pressures on top of already-high pandemic inflation. Russia is a commodities powerhouse and a key supplier of energy to Europe. ”[1]. Hybrid Warfare.

Ukraine 130

Ukraine Russia Supply Chain Strategy Supply Chain 130

GlobalTranz

SEPTEMBER 28, 2016

Supplier Development is a proactive & reactive business process that aims to increase the performance. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. Moreover, Supplier Development promotes ongoing improvements that are intended to benefit both your company and supplier(s).It

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

SupplyShift

FEBRUARY 15, 2023

As companies start to take Scope 3 seriously, they need better approaches to engage suppliers, measure emissions, and reduce them. At SupplyShift, we’ve been helping customers gather Scope 3 data from suppliers – about their facilities and their products – for over ten years. How do we know this?

Material Savings 52

Material Savings Procurement Solutions Supply Chain Planning Software Procurement Analytics 52

o9 Solutions

JANUARY 5, 2023

It helps reduce COGs from your supply chain, reduces the risk of being unable to fulfill market demand, and enables sustainability goals. It helps reduce COGs from your supply chain, reduces the risk of being unable to fulfill market demand, and enables sustainability goals. Reducing demurrage and transportation cost.

Modeling 52

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 52

Resilinc

NOVEMBER 1, 2022

Over the last three years, it has become painfully obvious that unexpected risks can erupt into massive, costly supply chain disruptions. Then Russia invaded Ukraine and triggered a global commodities crisis. Top 30 Most Resilient Suppliers in High Tech. First, the pandemic shut down economies and markets worldwide.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Network Software Metrics Demand Planning Software 62

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. So how does one go about building an effective risk register?

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Manufacturing Material Savings 100

ivalua

MAY 7, 2020

Downstream customers, such as the big 3 automakers in the US, who relied on Japanese suppliers had to find alternate channels to meet their production requirements. We had a good understanding of risk and how to mitigate it , whether it be political, financial, environmental, strategic, operational, etc.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Japan South Korea 130

SupplyShift

SEPTEMBER 10, 2021

Time is retracted from core operations due to suppliers juggling the task of repeatedly participating in them, which is a dragged-out process for all involved. For companies, audits can be expensive, especially if they are your primary mechanism for understanding supplier business practices. Not to mention the cost.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Vendor Strategies Supply Chain Network Software 52

SupplyShift

SEPTEMBER 10, 2021

Time is retracted from core operations due to suppliers juggling the task of repeatedly participating in them, which is a dragged-out process for all involved. For companies, audits can be expensive, especially if they are your primary mechanism for understanding supplier business practices. How to Iterate Assessments.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Vendor Strategies Supply Chain Network Software 52

Procurement Academy

JUNE 30, 2022

There’s also the risk that competitors will manage fluctuating procurement prices more effectively, and steal market share. Assessing whether cost increases are fair game or taking the mic. Assessing whether cost increases are fair game or taking the mic. Now we find ourselves in a similar situation.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 52

QAD

SEPTEMBER 28, 2022

For the last several decades, suppliers have refined their systems and processes to match the needs of their preferred automaker. But now suppliers are working with new auto tech companies like Tesla, Rivian and Faraday Future. It is a learning curve for the supplier and the automaker, and the outcomes can be great or terrible.

Automotive 94

Automotive Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 94

Resilinc

AUGUST 9, 2022

consumer demand to decline in many sectors and sending a bullwhip upstream to suppliers, with 20-30% PO reductions reported by Chinese manufacturers. consumer demand to decline in many sectors and sending a bullwhip upstream to suppliers, with 20-30% PO reductions reported by Chinese manufacturers. sneezes, the world catches a cold.”

United States 62

United States Manufacturing Procurement Forecasting Cost Reduction Strategies 62

SupplyShift

JUNE 25, 2021

Below, we’ll walk you through the steps to identify your biggest supply chain ESG risks, so you can get serious about your ESG strategy, stand out in the market, and comply with emerging regulations. By doing so, you can identify the largest hotspots in your supply chain and prioritize your highest risk suppliers for focused engagement.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Strategy Manufacturing Procurement 52

SupplyShift

JUNE 25, 2021

Below, we’ll walk you through the steps to identify your biggest supply chain ESG risks, so you can get serious about your ESG strategy, stand out in the market, and comply with emerging regulations. By doing so, you can identify the largest hotspots in your supply chain and prioritize your highest risk suppliers for focused engagement.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Strategy Manufacturing Procurement 52

SYSPRO Smarter ERP

MARCH 31, 2022

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. We should all be well versed by now to know that we can expect a ripple effect throughout global trade.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Sourcemap

JULY 6, 2020

The Human Rights Module is available for cocoa companies starting in July 2020, and will be expanded to additional commodities including rubber and palm in August - stay tuned. Federal statute 19 U.S.C. Request a Demo.

Supply Chain Software 59

Supply Chain Software Demand Planning Software Continuous Improvement Government 59

LevaData

FEBRUARY 23, 2023

A company must have data visibility across its enterprise and the external data ecosystem to confidently ensure the best price from the best supplier. Consider this statistic: 78 percent of executives surveyed by Talend say they have faced challenges using data , and a third aren’t even using data to make decisions. It starts with data.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Material Savings 52

QAD

JULY 8, 2021

OEM planning horizons typically range from 26 to 52 weeks of forecast information provided to Tier 1 suppliers from their automotive OEM customers. Tier 1 and 2 suppliers typically pass on only a portion of the full OEM horizon which can be as little as 8 weeks. Slow, manual communication of demand requirements to suppliers.

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

Taulia

MARCH 2, 2023

The tumultuousness of the modern macroeconomic and geopolitical environment exposes companies to various supply chain risks. Monetary inflation, rising commodity prices, economic turmoil, and fluctuations in demand all have the potential to put a strain on global supply chains. What is supply chain strategy?

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

SupplyShift

JANUARY 7, 2022

Forced labor in industries such as agriculture and apparel have continued to be a problem over the years, with prevalence in commodities such as palm oil, cotton, cocoa, coffee, and sugarcane, to name but a few. Once your internal policies are squared away, you can begin assessing suppliers to get a better sense of their standing.

Supply Chain Planning Software 52

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

Resilinc

SEPTEMBER 6, 2022

Geopolitical and cyber risks grew. While prices for food and energy commodities have begun easing, the war and Western sanctions against Russia and Belarus have triggered extraordinary disruptions to oil and gas, nitrogen fertilizer, grains, and vital industrial gases such as neon. The pandemic isn’t over—especially not in China.

Procurement Analytics 62

Procurement Analytics Report Purchasing Skills Russia 62

Supply Chain Game Changer

JANUARY 30, 2020

Everyone knows that, though not everyone takes the time to properly assess the difficulties of their respective markets. When examining the risks of entering a new market, there are things to look out for that hint towards difficulty. These are a few examples of risks that you may come across. Says Mary G.

Supply Chain Risk Management 71

Supply Chain Risk Management Risk Management Supply Chain Planning Supply Chain 71

Supply Chain Matters

MARCH 22, 2022

The OECD report reinforces that both Ukraine and Russia are large producers and exporters of key energy, minerals and basic food commodities. They are the commodity fabric of certain industry supply chains. “ There are also, however, numerous significant economic implications. ”. percent this year, and 3.2 percent in 2021.

Forecasting 52

Forecasting Ukraine Price Reduction Inventory Reduction 52

SupplyShift

MARCH 27, 2018

Paper and packaging is, in some ways, a unique commodity. Unlike other commodities, paper, pulp, and packaging are critical for every industry, from coffee to furniture. Coincidentally, paper and packaging as a commodity also has an outsized impact on natural resources and is one of the more visible areas of impact for many companies.

Packaging 52

Packaging Supply Chain Planning Software Supply Chain Design Software Material Savings 52