Supply Chain Matters

JANUARY 24, 2024

For the SAP S/4 HANA Cloud segment, total backlog was reported as €5 billion, up 61 percent in constant currencies. billion at constant currencies, an increase of between 24 percent to 27 percent, compared to €13.7 billion at constant currencies in 2023. billion at constant currencies in 2023. billion to €7.9

SAP 52

SAP Report Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Game Changer

OCTOBER 1, 2022

Outsourcing Sourcing! Machine learning and advanced algorithms reduce the need for regional experts, and instead, collect data from a multitude of sources in order to produce warnings about potential risks. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Lessons from Around the Globe!

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Planning Supply Chain Manufacturing Procurement 92

Supply Chain Matters

JANUARY 3, 2024

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

NC State SCRC

NOVEMBER 2, 2023

For example, one woman was trading foreign currencies, and took a strong position on Eurodollar. She lost $10M – and the next week Mars made her the head of trading for foreign currencies! We talked about the sugar market, the currency market, and traded ideas about how to do hedging and trading. At Mars, nobody had an office.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Gravity Supply Chain

JANUARY 19, 2023

This includes everything from sourcing raw materials to ensuring that products are delivered on time and in good condition, which means short lead times, minimal customs paperwork, adequate transportation infrastructure, etc. Image source Also, numerous regulatory requirements must be met when transporting goods across borders.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

ToolsGroup

JULY 11, 2017

In its report Partner with Finance to Monetize the S&OP Conversation , Gartner says finance is not taking part in S&OP meetings at 40% of companies; mostly because finance leaders are unaware of how S&OP can help a business realize its financial goals and objectives. Both numbers are “correct.”

S&OP 92

S&OP Supply and Demand Inventory Reduction Price Reduction 92

Logility

AUGUST 23, 2021

The goal of supply optimization is minimizing total supply costs while meeting demand requirements. Success in this area requires the ability to fulfill market demand through dynamic sourcing, flexible production and manufacturing plans, low distribution costs, and short lead times. Revealing the True Potential of Supply Optimization.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 130

Enterra Insights

MAY 18, 2023

… With economic and non-economic shocks entangled all the way down, it is little wonder that an unfamiliar term is gaining currency — the polycrisis.” So much so that, from time to time, it is worth standing back to consider the sheer strangeness of our situation.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Scenario Planning Modeling 130

SCMDOJO

NOVEMBER 17, 2023

These include: Capacity Planning: Ensuring timely availability of resources, such as manufacturing capacity and distribution center capacity, to meet logistics and supply chain needs. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Enterra Insights

AUGUST 29, 2023

With economic and non-economic shocks entangled all the way down, it is little wonder that an unfamiliar term is gaining currency — the polycrisis.”[2] Only then can they determine the ideal location for sourcing — not just those that seem most convenient. 2] With the world in a state of constant turmoil, supply chains risks abound.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

EC Sourcing Group

JULY 5, 2022

However, there is more to this question than meets the eye. Transform and integrate source spend data from key systems into one data set. Ability to integrate spend data to support source-to-pay cycle activities like supplier management, spend management, and savings project management. Real-time spend alerts.

Analysis 52

Analysis Analytics Software Supply Chain Design Software Supply Chain Planning Software 52

EC Sourcing Group

MAY 3, 2022

As a procurement professional, you want to develop processes based on strategic sourcing and ensure proper supplier evaluation and selection. Multi-currency capabilities. Although buyers might choose one supplier, they may select several suppliers to meet different needs. Before starting the reverse bidding process.

Material Savings 52

Material Savings Price Reduction Optimal Sourcing Waste Reduction 52

GlobalTranz

AUGUST 14, 2018

This is an essential step in taking advantage of blockchain technologies, especially cryptocurrencies, which some consumers and supply chain partners will be using within the next few years as a primary currency. Analytics will be integral to using blockchain to small businesses to prove blockchain value.

Analytics Software 121

Analytics Software Supply Chain Software Supply Chain Planning Software Analytics 121

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. If you want to deal in cars, the imported vehicles must meet the fuel-emission requirements of the Environmental Protection Agency; and the safety, bumper and theft prevention standards of the U.S.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Unleashed

MAY 10, 2022

Being able to access such information is hugely valuable for businesses that may need to look elsewhere to meet their own customer demands. Online interactions, with opt-in authorisation from customers, enable the collection of data that shows buying habits and trends, meaning experiences can be better tailored to meet those needs in future.

Pricing Training 98

Pricing Training Inventory Management Software Purchasing Skills Purchasing Training 98

Taulia

MARCH 15, 2023

Suppliers may face difficulties in meeting their commitments due to increased costs or shortages, resulting in – at best – delays. In September 2022, the pound fell against most major currencies. The more complex and wide-ranging the supply chain, the more vulnerable it can be.

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Burton predicts that China and Brazil will become hubs for global sourcing. Spreadsheets/emails and multiple meetings bog down a team’s ability to effectively and efficiently collaborate.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. If you want to deal in cars, the imported vehicles must meet the fuel-emission requirements of the Environmental Protection Agency; and the safety, bumper and theft prevention standards of the U.S.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Supply Chain Game Changer

JUNE 9, 2021

When it comes to the trading Cryptocurrencies, especially bitcoin then a lot of applications come to mind but make sure to select the best one with proper research because this is also an expensive currency. Investing and Storing Bitcoin.

Supply Chain Software 53

Supply Chain Software Currency Just-in-Time Security 53

Elementum

JULY 10, 2015

source: It Makes Sense Blog. This Sunday, July 12th, will mark what some consider to be the most important moment in the European Union’s history: the Eurozone leader meeting that will determine whether or not a “Grexit” is necessary. in order to survive – a switch to a new currency could be fatal to the country’s economy.

Pharmaceutical 60

Pharmaceutical Greece Supply Chain Planning Manufacturing Procurement 60

BlueYonder

DECEMBER 1, 2017

also known as the fourth industrial revolution, is reliant on digital manufacturing and the ability to harness potential data from the myriad of sources available, from embedded sensors to insights gained from social media platforms. Industry 4.0,

Prescriptive Analytics Software 51

Prescriptive Analytics Software Analytics Software Logistics Network Optimization Software Manufacturing Procurement 51

Supply Chain View from the Field

SEPTEMBER 6, 2014

Traditional methods of supplier risk mitigation involve diversifying risk, multiple sourcing, or switching suppliers, which are not effective in situations where entire regions, industry segments, or supply chains are experiencing financial distress. This may be well worth the time, and avoid a lot of potential problems in the long run.

BRIC 74

BRIC Brazil Argentina North America 74

BlueYonder

MAY 16, 2018

Enabling the supply chain to evolve to meet customers’ changing expectations is key to retailer success for many years to come. Manufacturers’ and logistics providers’ supply chains are critical to meeting the customer promise of fast and accurate shipping. Data is the New Currency of the Supply Chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

BlueYonder

MAY 16, 2018

Enabling the supply chain to evolve to meet customers’ changing expectations is key to retailer success for many years to come. Manufacturers’ and logistics providers’ supply chains are critical to meeting the customer promise of fast and accurate shipping. Data is the New Currency of the Supply Chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Survey Supply Chain Software Agile and Lean Supply Chain 40

Unleashed

MAY 3, 2021

When Julie Hirsch and Nicole Lamond started tea company Eloments , they didn’t just want to make it different in terms of what it delivered in taste and health benefits; they also wanted to make sure that the ingredients for its range of patented vitamin- and mineral-infused teas were sourced ethically and via fair trade agreements.

Inventory Management Software 98

Inventory Management Software Sri Lanka Demand Planning Software Procurement Solutions 98

Supply Chain Shaman

OCTOBER 8, 2019

Most budgets are completed in currency at a brand level. Financial forecasts tend to have a negative bias (forecasts less than market potential) to ensure that employees have a better probability of meeting their bonuses. Time horizon. The budget is for a fiscal year with quarter reporting and updates. Bias and error.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain View from the Field

DECEMBER 16, 2013

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. I helped create the first North American chapter of BVL International in the Carolinas, and we hosted two meetings at Volvo in North Carolina and Thyssen-Krupp in South Carolina.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Action Blog

SEPTEMBER 16, 2016

However, orchestrating the value network where goods, information and currency pulse between facilities and organizations, following the path of least resistance may prove to be considerably more complex than driving a vehicle. Detect (and/or anticipate) market requirements and the challenges in meeting them.

Supply Chain Software 40

Supply Chain Software Supply Chain Network Software Analytics Software Supply Chain 40

BlueYonder

DECEMBER 1, 2017

also known as the fourth industrial revolution, is reliant on digital manufacturing and the ability to harness potential data from the myriad of sources available, from embedded sensors to insights gained from social media platforms. Industry 4.0,

Prescriptive Analytics Software 40

Prescriptive Analytics Software Analytics Software Logistics Network Optimization Software Manufacturing Procurement 40

EMERGE App

DECEMBER 18, 2018

Business costs will rise for those who are sourcing some or most of their raw materials or goods from China. But it’s already happening as wholesalers, distributors, and importers source alternatives from other countries and place tentative orders. You may end up having to source goods from a variety of countries.

Distribution 74

Distribution Trends Manufacturing Procurement Vietnam 74

Supply Chain Brain

MARCH 12, 2018

Similar to the internet in its early days, it’s merely a communications framework that has to be modeled to meet users’ specific needs. If you can convince a bunch of transportation neophytes who know nothing about freight that a [crypto] coin can become the currency of the industry, then you can raise whatever,” he says.

Freight 40

Freight Industrial Industry Supply Chain Planning Software 40

NC State SCRC

APRIL 3, 2019

The major sources of risk in Development and Manufacture contracts in the Aerospace and Defense industries start at the top, where the contracts are awarded, and flow downwards to the subcontracting suppliers. Foreign currency and commodity price fluctuations [7]. Risk: Foreign currency and commodity price fluctuations [7].

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Supply Chain View from the Field

FEBRUARY 25, 2015

Supply chain has a big focus on the currency of today’s theories being implemented here. We used our existing facilities as currency and asked them if there was a need for you to make large molecule biologics? With multiple alliance partners, we have lower lead times and greater flexibility in building out inventory to meet demand.

Supply Chain Design Software 60

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

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

However, measures such as alternative factories, dual sourcing and more generous safety stocks go against the well-versed philosophy of lean supply chains that has prevailed in recent decades,” he says. Multi-Sourcing. Inventory and Capacity Buffers. Increasing buffer capacity is a straightforward way to enhance resilience.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

Supply Chain Action Blog

AUGUST 26, 2018

However, orchestrating the value network where goods, information and currency pulse between facilities and organizations, following the path of least resistance, may prove to be even more complex than driving a vehicle. From CBC News [link]. I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40

ThroughPut

JANUARY 23, 2020

This empowers field operators with a data-driven operations approach in maintaining the optimum levels required to meet current (and near-term) demand. Similarly, AI & ML in supply forecasting ensures material bills and PO data are structured and accurate predictions that are made on time. 3) Boosting Operational Efficiencies. Evangelist.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

ThroughPut

JANUARY 23, 2020

This empowers field operators with a data-driven operations approach in maintaining the optimum levels required to meet current (and near-term) demand. Similarly, AI & ML in supply forecasting ensures material bills and PO data are structured and accurate predictions that are made on time. 3) Boosting Operational Efficiencies.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Predictive Analytics Software 52