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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. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience.
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape. Ready to Transform Your Freight Operations?
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?
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)
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?
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape. Ready to Transform Your Freight Operations?
In this blog post, we will explore the key differences and challenges between direct and indirect procurement, sourcing strategies that can be employed, and examine how technology can modernize these procurement processes. What Is Direct Procurement and How Does It Work? It continues through production and the product’s end-of-life phase.
Segmentation enables differentiated supplier management strategies , such as focusing risk mitigation efforts on sole-source vendors or negotiating long-term value with strategic suppliers. Centralizing data enables better sourcing decisions and improves collaboration across procurement, legal, and business other units.
Segmentation enables differentiated supplier management strategies , such as focusing risk mitigation efforts on sole-source vendors or negotiating long-term value with strategic suppliers. Centralizing data enables better sourcing decisions and improves collaboration across procurement, legal, and business other units.
This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions.
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.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?
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.
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. The solution demos are weak, and the leadership vision is lacking. Reflection. The supply chain career is new.
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)
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?
MEAN FOR AEROSPACE AND DEFENSE MANUFACTURERS? As part of the DoD’s digital engineering framework, aerospace and defense manufacturers will need to: Implement the necessary IT infrastructure and resources (i.e., Watch this demo to see how Arena PLM for AWS GovCloud can help. WHAT DOES DoDI 5000.97 requirements. December 2023.
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape. Ready to Transform Your Freight Operations?
Viterra, formally Glencore Agriculture, a global leader in the sourcing, handling, processing and marketing of agricultural commodities and products, has started a global digital transformation program to improve and accelerate its business decisions. This is a video for a demo cell with ABB robot and a vision partner. See you there!
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.
trade and support domestic manufacturing. SONAR aggregates data from hundreds of sources, presenting the data in charts and maps and providing commentary on what freight market experts want to know about the industry in real time. To request a SONAR demo, click here.
During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.
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.
Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.
At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. A supply chain visibility demo.
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.
Parts and materials are sourced from a vast and highly interconnected global supply chain network. Manufacturers must constantly refine their quality measures to navigate these complexities and reduce the risk of catastrophic failures. Watch this demo to learn more. References SimpleQUE.
Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Sourcing is but one step in the procurement process. Sourcing is but one step in the procurement process. Purchase requisition.
Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. Sourcing Procurement of spare parts is complex, requiring careful consideration of factors such as customer demand, supplier risks, compliance, and delivery times. appeared first on ThroughPut.
Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Source: Amazon patent. I haven’t seen a demo of the solution, so I can’t comment on its functionality.
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.
5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Manufacturing. it most certainly is.
Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. The goal is to be able to trace individual parts to the exact site where they are manufactured. Picture this: a critical part of your product is only made in one factory in Taiwan.
In today’s systems, planned orders are consumed by manufacturing but the flows are disconnected from procurement and transportation. As a result, there is no good way to make trade-offs between source, make and deliver constraints. Improvements in End-to-End Decision Making: Procurement and transportation operate today in silos.
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. That depends on alerts managed autonomously, and Phillips has already seen them in action.
Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. However, there are many times where the reverse auction process is warranted and can play a significant role in your strategic sourcing strategy. What is our sourcing strategy?
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.
Here, we expand on some of the product development obstacles that UAM manufacturers face as they try to gain momentum in this fledgling market. Airworthiness certification standards establish requirements for aircraft design, manufacturing, performance, failure response, and maintenance.
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.)
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.
Top 5 RFP Solutions for Manufacturing. The manufacturing industry has unique needs when it comes to purchasing. As an essential part of the global economy and a key driver of job growth, manufacturing organizations must find the best ways to stay competitive and increase efficiency. The Challenges of RFP in Manufacturing .
Moreover, we were unable to carry out the buyer’s most crucial action: sourcing appropriately with suppliers on the platform. For example, I recently worked with a manufacturing SME in Salzburg that implemented an SRM system that was not well-aligned with their existing processes.
The video aims to increase knowledge of elevated supply chain threats due to the growing reliance on globally sourced commercial information and technologies for essential systems and services. Related content: Video: Oracle Supply Chain Planning Cloud - Planning Central Demo. Webpage: Supply Chain Planning Cloud Features.
In fact, spare parts mismanagement is one of the leading contributors to operational disruptionsparticularly in the manufacturing, automotive, aerospace, and heavy equipment industries. Automotive Manufacturing A global automotive OEM struggled with part shortages that caused frequent line stoppages. How ThroughPut.AI
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