Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. For LKQ Europe , as shown in Figure 1, testing on brake pad distribution showed that the bullwhip effect was 48% between channel demand and the customer order. The distribution models were never tested when implemented. Go to the source. Data Everywhere, Insights Are Few.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Supply Chain Shaman

SEPTEMBER 22, 2022

Instead, I think we should build outside-in planning processes to better use real-time and market data and build effective networks. Yes, the supply chain is awash with real-time data. Using real-time data is an opportunity for planning. Testing of an Outside-in Machine Learning Model based on Channel Data.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. In deployments, data issues abound.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Logility

SEPTEMBER 16, 2020

However, with a simple software-based supplier reconciliation process using procurement analytics in place, an organization can automate this cumbersome process to save hundreds to thousands of man hours every year. Electronic report distribution to suppliers. This limited the initial number of suppliers to the 200 most critical ones.

Analytics Software 130

Analytics Software Optimal Sourcing Analytics Procurement 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Silvon Software

SEPTEMBER 28, 2023

As the volume of data and requirements for gaining access to it continue to skyrocket, it is becoming vital for organizations to find ways to aggregate their business information and quickly understand it. Today’s modern data hub facilitates this … and here’s how. Why Consider a Data Hub?

Procurement Analytics 94

Procurement Analytics Report Data Optimal Sourcing 94

AFFLINK

AUGUST 17, 2022

Without the equipment and materials needed to ramp up production, consumer demand will continue to outpace delivery, leaving few distribution companies with the connections or sourcing capabilities to consistently meet customer fulfillment. Labor Shortages In warehouses, 73% of operators can’t find enough workers (Instawork).

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. With the data we get from Logility, we challenge our internal processes and say, ‘Does this make sense as a business?’

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Optimal Sourcing 130

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

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Cost Reduction Strategies 130

Cost Reduction Strategies Sustainability Optimal Sourcing Sourcing Strategies 130

Supply Chain Shaman

APRIL 26, 2022

Before the session, I sat by a young data scientist. Since I have covered bi-directional orchestration in prior blogs, here I am going to detail how taxonomies in the area of digital twin and direct procurement need to morph to drive value but for reference, in Figure 1, I share the previously shared model for bi-directional orchestration.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

crisp

JUNE 29, 2022

NotCo’s head of strategy and planning uses Crisp data keep operations on track during hypergrowth and align the company around a clear path to success. His analysis covers buyer presentations, R&D, volume forecasting, and data for marketing. “You don’t need to be a data person to use Crisp. Same taste, but plant-based.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. From raging wildfires in the Western U.S. Quantifying the Threat With Luminate Risk Manager.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

Supply Chain Matters

NOVEMBER 3, 2023

Boeing acknowledged this week that the aerospace and defense contractor was investigating a cyber incident that has impacted elements of the company’s parts and distribution business. The post Cyberattack Targeting Boeing Parts Distribution first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

Distribution 52

Distribution Aerospace Military Groups 52

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Silvon Software

APRIL 18, 2024

Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

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

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper has one main distribution center roughly three miles from their largest hospital in Camden. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. The volume of goods needed to serve their patients is also significant.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Those organizations that seeking to take advantage of preferential access to finance are being required to place ESG compliance requirements on suppliers and distribution channel partners. In Asia, Governmental and Finance.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Logistics Viewpoints

APRIL 3, 2023

Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

HICX Solutions

DECEMBER 9, 2021

In the first of our series of webinars on Delivering Supplier Experience Management (SXM) through Best-of-Breed, panelists from Sievo, HICX, and BP discussed Best-of-Breed technologies and how data-led procurement solutions create value. New ways of getting clean data. All data is the same, until it is structured.

Optimal Sourcing 52

Optimal Sourcing Data Supply Chain Network Software Optimization Software 52

HICX Solutions

DECEMBER 9, 2021

In the first of our series of webinars on Delivering Supplier Experience Management (SXM) through Best-of-Breed, panelists from Sievo, HICX, and BP discussed Best-of-Breed technologies and how data-led procurement solutions create value. New ways of getting clean data. All data is the same, until it is structured.

Optimal Sourcing 52

Optimal Sourcing Data Supply Chain Network Software Optimization Software 52

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. The 5G tsunami will require a new distribution model.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

New Horizon Supply Chain Blog

MAY 25, 2022

It was intriguing to read last month that The Kroger Company, the nation’s largest supermarket chain, with nearly $138 Billion in revenues, has launched a foodservice distribution business. Source: Data from USDA Economic Research Service Food Expenditure Series. Are There Synergies Between Retail and Foodservice Distribution?

Distribution 52

Distribution Supply Chain Planning Software Fort Worth Supply and Demand 52

ivalua

OCTOBER 13, 2022

Further, if the truth be known I suspect many others in procurement and supply chain are feeling the same, but maybe that’s not true. Upstream transportation and distribution. Downstream transportation ad distribution. Figure 1: Greenhouse Gas Protocol -Scope 1, 2 & 3 emissions ( Source). Capital goods.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Waste Reduction 130

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Experiment to find the right data set to evolve regional models.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

NC State SCRC

OCTOBER 7, 2019

Many CPO’s and CSCO’s today complain about being overwhelmed with the amount of internal and external data they are being asked to analyze to create improved supply chain outcomes. The titles of data professionals often heard are data analyst, data scientist, data engineers, as well as subject matter experts.

Data 56

Data Optimal Sourcing Analytics Software Predictive Analytics 56

Logility

JUNE 29, 2021

Even if repeatable procurement orders are prebooked and substantial working capital is under control, cushioning the impact of such disruptive shocks can be nearly impossible. Elevating the Supply Chain With Visibility and Data. The result of all this work? This is when supply chain becomes a CFO’s favorite line of business.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Material Savings Vendor Strategies 130

ivalua

JUNE 29, 2020

According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating. Share on Twitter. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

QAD

MAY 2, 2023

Explore alternative suppliers, production locations, and distribution channels to create a network that can adapt to unexpected changes. Implement safety stock, dual sourcing, or multiple transportation routes to create a buffer against disruptions. Make sure to establish a single version of the truth for the plan data and decisions.

Supply Chain Planning Software 94

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Modeling 94

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. Mr. Eberle is the vice president of logistics and distribution operations at Molex. The data from Infor Nexus also helps the transportation teams do better carrier sourcing. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120