Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 202

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 202

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.

Supply Chain Planning Software 247

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 247

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Shaman

DECEMBER 15, 2022

In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). To entice you to participate let’s look at the data more closely. Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies.

Manufacturing Procurement 392

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 392

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Why Jump Now?

Inventory Reduction 402

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 402

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Shaman

JUNE 9, 2023

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. There is no unifying data model; all items are treated equally, regardless of the flow. What is the data and process latency in current decisions? MRP Alone Is Not Sufficient for Procurement.

Optimal Sourcing 309

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 309

SYSPRO Smarter ERP

NOVEMBER 1, 2021

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. 2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. The pandemic has led to many shifts in manufacturing including new challenges to overcome.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

Supply Chain Shaman

SEPTEMBER 27, 2021

Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. In 2004, I joined AMR Research, a Boston Analyst firm. Use noSQL to build a unified data model across disparate data systems using a rules-based ontology.

Supply Chain Planning Software 334

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 334

HICX Solutions

OCTOBER 20, 2020

In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. The transition to a strategic role.

Manufacturing Procurement 59

Manufacturing Procurement Negotiating Skills Supply Chain Software Procurement 59

SYSPRO Smarter ERP

APRIL 18, 2022

These ongoing disruptions mean manufacturers and distributors must navigate challenges while rapidly addressing the needs of their people, customers, and suppliers. With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 97

Supply Chain Matters

APRIL 5, 2024

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

SYSPRO Smarter ERP

FEBRUARY 23, 2022

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control. Quality management. Inventory and logistics management. Customer interaction.

Manufacturing Procurement 105

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

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 80

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 80

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

HICX Solutions

OCTOBER 20, 2020

In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. The transition to a strategic role.

Manufacturing Procurement 52

Manufacturing Procurement Negotiating Skills Supply Chain Software Procurement 52

GlobalTranz

JANUARY 18, 2017

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In other words, some manufacturers continue to resist the trend.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

Supply Chain Design Software 264

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

Supply Chain Shaman

AUGUST 18, 2022

This large food manufacturer used a popular technology to forecast monthly using orders as an input. They had never been in the same room to discuss demand holistically from sales teams to procurement. In addition, the company, like most, has a lot of outside-in-demand data that is not used. The takeaway? How do we do this?

Supply and Demand 256

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 256

Supply Chain Matters

MAY 12, 2022

The Ferrari Consulting and Research Group , through its affiliated Supply Chain Matters blog, announces the release of a second published research advisory in an overall three-part series: The Importance of Supply Chain and Human Resources Strategy Alignment for Addressing Talent Recruitment and Retention Needs- Part Two.

Supply Chain Software 64

Supply Chain Software Research Supply Chain Planning Software Manufacturing Procurement 64

QAD

JANUARY 11, 2022

After the last two years, it’s no surprise that some might be hesitant to make predictions about the state of manufacturing, supply chains and digital transformation for the new year. Brent argues that the way to improve supply chain responsiveness and agility is to boost connectivity with suppliers and thus improve data integrity.

Manufacturing Procurement 95

Manufacturing Procurement Predictive Analytics Software Predictive Analytics Supply Chain Software 95

Supply Chain Matters

MAY 31, 2022

The Ferrari Consulting and Research Group highlights the release of a second published research advisory on the Importance of supply chain and HR alignment for talent lifecycle needs. In late January, we announced general availability of Part One of a three-part research advisory series. Background. Management skills.

Research 52

Research Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 52

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Logistics Bureau

FEBRUARY 15, 2021

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. Then you start looking at all the manufacturers and what they have to offer.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Purchasing Skills Negotiate Pricing 98

Supply Chain Shaman

SEPTEMBER 28, 2022

In this volatile world, efficient procurement led by a CFO is not the answer. The manufacturing-centric company is used to strangling suppliers and demanding terms. So, what can Ford and others learn from our current research? In Figure 1, we show the overall performance of manufacturers and distributors.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Matters

SEPTEMBER 8, 2023

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMI® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. In late May we noted for readers that the German economy and manufacturing sector slid into a recognized state of economic recession.

Manufacturing Procurement 52

Manufacturing Procurement Europe Manufacturing Germany 52

ModusLink Corporation

APRIL 22, 2024

Consider the unique requirements of your manufacturing process. For high-volume manufacturers, proficiency in efficiently managing large quantities of the same components is essential. Comprehensive Kitting Services: Tailored kitting solutions to meet the unique needs of electronics manufacturers.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Supply Chain Shaman

OCTOBER 19, 2022

Today, data moves fast, but supply chain decisions move slowly. As variability increases, more and more companies would like to use market data from the channel or the supply base, but the design of current systems is an obstacle. The data lacks synchronization and usability. The Quest to Use Real-Time Data. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

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. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

NOVEMBER 21, 2022

The perspective of a manufacturing leader is quite different than that of a business leader in logistics. The focus on inside-out processes tightly integrated to transactional data is a barrier. Most business leaders lack the understanding of data and process latency that creates supply chain black holes. “ Reflection.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 299

DELMIA Quintiq

JUNE 5, 2023

I shared perspectives from my research and was joined by two experienced industry leaders who shared lessons learned from working with manufacturers on their digital twin efforts. Dassault Systèmes has a unique perspective on the digital twin, the “virtual twin.” That’s why we call it virtual twin.”

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156