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Elon Musk Ensures that Product Development is Not Siloed

Logistics Viewpoints

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. I attended the SAP Spend Connect Live conference in Vienna, Austria a couple weeks ago. This user conference focused on SAP’s spend management and business network solutions.

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Philip Morris Drives Manufacturing Insights Using A Digital Twin

Supply Chain Shaman

In our pandemic research, we interviewed thirty manufacturers. While only thirty percent of companies have what-if capabilities today, it was not sufficient. To help readers sort through the hype, we are writing articles on digital twin use cases to help companies gain a competitive advantage. The reason? And how fast?

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Top 5 KPIs for Purchasing Managers

Precoro

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Despite spending 1.1% Rise in Inventories. Less Effective at Inventory Management.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. In short, resilience is what keeps things running during a disruption — and what helps companies get back on track afterward. The result was restatement.

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6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

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Two Types of Procurement: Project Based and Operational!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. This document is the first legal contract in the operational procurement process.