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Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.
Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Together, these procurement strategies are essential for robust, efficient business operations. Discover how Ivalua can transform your direct and indirect procurement.
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Ibrahim Al Syed, the director of digital manufacturing at Celanese, was surprisingly forthcoming about how Celanese developed these capabilities at ARC Advisory Groups 29th Annual ARC Industry Leadership Forum. The company has 55 manufacturing sites across the world. Can I have an industrial Google at a manufacturing facility?
The difference between sole source vs. single source is on the surface. In single sourcing, your company selects a single supplier exclusively , even though there are other capable suppliers on the market. In sole sourcing, you don’t have a choice —only one supplier can provide what you need. The reason?
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
Scheduled for November 21-22, 2025 at the Chattanooga Convention Center, the festival will feature interactive sessions, technology demos, and networking opportunities focused on topics like market forecasts, sustainability, and digital transformation. ports, trucking networks, and warehouses.
trade and support domestic manufacturing. Many importers halted purchases from the U.S.’s Holding the ball All of this uncertainty has left supply chain managers in a difficult position, balancing how much inventory to procure, how much it will cost, and how much they’ll actually need as consumer health remains in question.
Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?
Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.
Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization. Keep reading to learn: What Is ERP in Procurement?
According to a recent update from the World Health Organization (WHO), HMPV is quietly spreading through key manufacturing regions, echoing the operational challenges we faced during the pandemic. HMPV is causing significant disruptions in supply chain operations, particularly in manufacturing hubs across Asia. Whats Happening?
Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. SourcingProcurement of spare parts is complex, requiring careful consideration of factors such as customer demand, supplier risks, compliance, and delivery times.
Introduction Inventory management is the backbone of a successful supply chain operation, but it’s often a source of persistent frustration. Contact RFgen today to request a personalized demo and discover how our solutions can revolutionize your operations.
ThroughPut AI: Best for supply chain analytics and decision intelligence WATCH ON-DEMAND THROUGHPUT AI DEMO With Artificial Intelligence (AI) and Machine Learning (ML), a very powerful force comes into play in your supply chain decision-making processes with ThroughPut AI.
Ecosystem in Practice: Building a Best-In-Class Manufacturing Tech Stack Full Transcript Below: Rony Kubat All right. We found that a lot of our customers have just kind of started doing the smart manufacturing and digitization of operations, so these partnerships are new. Good afternoon, everyone. My name is Rony Kubat.
In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. This slows down response times, and also increases the chances of inaccuracies due to human error/bias. Business Challenges Addressed by ThroughPut.AI
In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. This slows down response times, and also increases the chances of inaccuracies due to human error/bias. Business Challenges Addressed by ThroughPut.AI
According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.
The Modern Supply Chain Challenge Complexity and Fragmentation Modern supply chains span continents, involve thousands of SKUs, and depend on a web of suppliers, manufacturers, distributors, and retailers. Spreadsheets and CSV files Production and warehouse management systems External data sources (weather, market trends, etc.)
The Modern Supply Chain Challenge Complexity and Fragmentation Modern supply chains span continents, involve thousands of SKUs, and depend on a web of suppliers, manufacturers, distributors, and retailers. Spreadsheets and CSV files Production and warehouse management systems External data sources (weather, market trends, etc.)
A lot of companies need to re-examine every item that they sell and source, especially whether it makes sense to stress-test pricing or eliminate the offering altogether. Together, we’re enabling enterprises to act faster – and with confidence – across sourcing, logistics, finance, and supply chain resilience.”
A lot of companies need to re-examine every item that they sell and source, especially whether it makes sense to stress-test pricing or eliminate the offering altogether. Together, we’re enabling enterprises to act faster – and with confidence – across sourcing, logistics, finance, and supply chain resilience.”
Since most Arena customers use Microsofts cloud document authoring programs like Word, PowerPoint, and Excel, we connect these applications to Arena PLM and QMS as a single source of controlled documentation. Watch the on-demand demo or visit our web page.
Exigers platform offers a risk-illuminated knowledge graph, leveraging proprietary and open-source data to map supplier networks down to the raw material level. Governments worldwide are taking decisive action, enacting stringent regulations against forced labor that mandate corporate accountability and ethical sourcing.
As a former buyer specialist turned Presales consultant for QAD, Ive seen firsthand how Supplier Relationship Management (SRM) solutions can transform procurement processes. Moreover, we were unable to carry out the buyer’s most crucial action: sourcing appropriately with suppliers on the platform.
Multinational food ingredient manufacturer Kerry , for example, demonstrates this power through its Trendspotter AI platform, which analyzes millions of data points from global media content to identify emerging food and beverage trends and develop products in as little as 2 months compared to traditional timelines of 6-9 months.
Since most Arena customers use Microsofts cloud document authoring programs like Word, PowerPoint, and Excel, we connect these applications to Arena PLM and QMS as a single source of controlled documentation. Watch the overview demo or visit our web page.
The invoice includes a professional logo, fake contact details, and references to a nonexistent purchase order. Manufacturing Varied components: Manufacturing units source multiple components from various suppliers, a scenario that can be exploited with duplicate or fake invoicing.
Schedule time with our team to book a meeting or connect for a demo. To build resilience, organizations must integrate AI-powered risk management with responsible and flexible sourcing practices. Come meet our experts at Gartner Supply Chain Symposium/Xpo and discover how AI can support your supply chain resilience.
The tariff hike has driven a sharp drop in China – US container flows with manufacturing in China also being negatively impacted. Many US importers have paused orders out of China, but shippers (as well as manufacturers) can hold out only so long before consumers will start to see empty shelves or higher prices.
Schedule time with our team to book a meeting or connect for a demo. To build resilience, organizations must integrate AI-powered risk management with responsible and flexible sourcing practices. Come meet our experts at Gartner Supply Chain Symposium/Xpo and discover how AI can support your supply chain resilience.
The magnitude of exposure for many industries is evident in this chart: Taking cars and trucks imported into the US from Mexico as an example, Exigers Supply Chain Explorer identified over 1,400 companies that will be affectedincluding several major auto manufacturers. manufacturers and slowing progress in critical sectors, he says.
When IoT is specialized for industrial application such as manufacturing, it is also known as Industry 4.0 IoT has massive implications for supply chain management, including manufacturing, inventory management, and logistics. You will see real life demos of: IoT : Smart Connected Factory. What Does IoT Do For Supply Chain?
That in turn is changing how organizations are manufacturing and delivering goods. He relayed how he saw a demo of true shelf-aware systems at a retail location that sends alerts in real-time when a stock out happens directly to a mobile phone. Create sticky purchasing behavior with customers by offering robust delivery services.
If your procurement team is juggling multiple ERP systems, you’re likely spending more time chasing data than driving strategy. All of which diminishes procurement’s impact across your organization. Unified procurement drives real ROI and agility, along with improved compliance.
Trey is the Co-founder and CEO at Amplio , an Atlanta based tech firm that predicts and prevents material and parts shortage for companies in the electronic manufacturing space. Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supply chain resilience for electronics manufacturers. About Trey Closson.
3-D Printing: localization of manufacturing through the sharing of digital images using additive manufacturing. The 1610 SAP S/4 HANA release includes advancements in response management (allocation, ATP and order management) and procurement tracking and collaboration of purchase order workflows. It is a muddle.
There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information)
Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase. Elemica Purchase by Eurazeo.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
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