NC State SCRC

FEBRUARY 20, 2023

Data sharing sounds good in theory – but there is a lot more to it, as we shall see. Supply chain partners have been using EDI , a standard electronic format, to share data and transact business for more than sixty years, and it continues to evolve. This is his third guest blog on Supply Chain View From the Field.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Supply Chain Shaman

JUNE 2, 2020

The Global Risk Report published in January 2020 highlights the issue. As shown in Figure 1, based on data collected in the period of September-October 2019 from over 600 business leaders, at the start of the year, the likelihood of a pandemic was low risk. Global Risk Management Report Study of Risks Published in January 2020.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 258

Supply Chain Shaman

JUNE 21, 2023

We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. We must rethink our leaders based on performance data and begin holistic learning. A Focus On Risk.

Gartner 351

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 351

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. Amidst this ongoing turmoil, one thing that a lot of supply chain professionals have been falling back on (with confidence!) is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. This precipitous drop in margin hurts. Companies are feeling pain.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Elementum

FEBRUARY 7, 2024

These tasks range from simple data entry activities to more intricate operations like managing the supply chain. Robotic Process Automation (RPA): Simplifying Tasks within BPA RPA, while limited to rule-based tasks, becomes a powerful tool when integrated with ML, handling data entry, and simple queries efficiently.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Vinculum

APRIL 18, 2022

Supply chains are now thought of while buying goods and services. Managers and companies see the supply chain as a wave of change that implies new methods of operations and strategies. Implementing prescriptive and predictive analytics with advancements in robotics, big data, and algorithms will leave long-term effects.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Agile and Lean Supply Chain 52

SYSPRO Smarter ERP

APRIL 4, 2024

The good news is that an ERP system with a focus on planning and shop floor management can help to make sense of a complex environment and help to manage these competing demands on the business via a comprehensive operations plan. MRP manages the spread of demand across the suppliers.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

Enterra Insights

FEBRUARY 13, 2019

Louis Columbus ( @LouisColumbus ) explains, “Enterprises are striving to find greater meaning in the massive amounts of data they generate and save every day. Most consumers are aware data is constantly be collected about them as they use their digital devices and this data can be used for marketing purposes. ”[2].

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

GlobalTranz

MARCH 4, 2015

Franklin Center for Supply Chain Management at the Martin J. Whitman School of Management at Syracuse University. We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 120

Supply Chain Shaman

APRIL 7, 2016

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. Map the data and the processes outside-in. Forms of Channel Data. I am not quite sure. Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

NC State SCRC

AUGUST 18, 2022

Initially, we expect to see many procurement applications of AI in spend analysis, accounts payable, and source to pay applications, but this will become more important as we observe AI applications in areas such as supply risk management, buyer-seller relationships (including email exchanges), and improved supply base management.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The company also taught them to understand the basics of negotiation and risk management.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

SEPTEMBER 28, 2012

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. We have let buy- and sell-side transactional relationships erode value. Data volumes grew 18X in 2011.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Game Changer

OCTOBER 28, 2020

The top 5 technical skills were, in order: Inventory Management, Project Management, Best Practice Knowledge, Computer Skills, and Risk Management. Source ,” which includes Buyers, Category Managers, Commodity Managers, Procurement Specialists, Purchasing Managers and Sourcing Managers.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Procurement is broadening to include extensive work with spend data. While strategizing , keeping feet on the ground is important, and that's when data comes in especially handy.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Movement

APRIL 26, 2016

as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supply chain risk management software is also on the rise.

Supply and Demand 60

Supply and Demand S&OP Supply Chain Planning Software Supply Chain Software 60

Infosys Supply Chain Management

NOVEMBER 1, 2011

Cloud & Big Data. Talent Management. AssistEdge – Customer Service Experience. | Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Business Process Outsourcing. Customer Service.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Infosys Supply Chain Management

DECEMBER 18, 2012

Cloud & Big Data. Talent Management. Discuss the latest trends and solutions across the supply chain management landscape. This commentary is an interim follow-up to this authors previous Infosys Limited guest commentary: Headline for the 2012 Holiday Buying Season- Overcoming the Challenges of Fulfillment Complexity.

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

GlobalTranz

OCTOBER 23, 2015

7 Strategic Performance Business Practices to Provide the Ability to Manage 3PL KPIs. Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. Planning and risk management is imperative. Performance Management/Measurement Management.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Supply Chain Game Changer

NOVEMBER 16, 2022

Along with cost savings, procurement managers are focusing on optimizing and automating processes. Digital procurement practices are a significant factor in achieving company excellence. Direct purchase requests from employees are possible with varying levels of auto-approval. Real-time data and analytics. Cost Saving.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Matters

JUNE 21, 2022

This annual report consists of important economic and business statistical data and analysis, highlights from interviews with industry and business executives and industry stakeholders. There is no cost for paid CSCMP membership, or the report can be purchased for $249 by non CSCMP members. business logistics costs for 2021. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 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

RFgen

SEPTEMBER 9, 2016

For instance, some services provide visual representations of supplier connections that require companies to enter their own data. Meanwhile, other solutions solicit information from tier one suppliers so manufacturing experts don’t have to go digging for the data themselves. Benefits of Effective Supply Chain Mapping.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Supply Chain Manufacturing Procurement 52

RFgen

SEPTEMBER 9, 2016

For instance, some services provide visual representations of supplier connections that require companies to enter their own data. Meanwhile, other solutions solicit information from tier one suppliers so manufacturing experts don’t have to go digging for the data themselves. Benefits of Effective Supply Chain Mapping.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Supply Chain Manufacturing Procurement 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Kinaxis

OCTOBER 20, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. I lost track of how many carrots we had and ended up buying more when we really didn’t need any. and it didn’t leak.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

Resilinc

JANUARY 23, 2024

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. What are the biggest supply chain trends we will see in 2024, and how can managers prepare for those trends? Then, everything else becomes inventory.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 100

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology advancements and adoption are driven by better data availability and a push for better visibility, efficiency and accuracy. Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission).

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Freightos

AUGUST 26, 2015

Likely the most well-known trade magazine, it provides data-rich material relevant across the supply chain. Logistics Management. Logistics management has a combined reach of over 100,000 readers across both print and digital channels. Online Marketing Manager, INFORM GmbH. Paid Premium. Journal of Commerce (5 a month).

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The company also taught them to understand the basics of negotiation and risk management.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

SCMDOJO

APRIL 24, 2024

While it’s true that only some prefer to follow trends, data-driven decision-making is vital for businesses to remain competitive and relevant. These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57

Infosys Supply Chain Management

DECEMBER 29, 2011

Cloud & Big Data. Talent Management. Discuss the latest trends and solutions across the supply chain management landscape. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. Business Process Outsourcing. Customer Service. Banking Suite.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Elementum

FEBRUARY 7, 2024

This evolution accelerated with digitalization, leveraging digital data to streamline business processes for greater efficiency and innovation. Business processes that are not only automated but also inherently flexible and capable of evolving in response to real-time data.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78