Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

ThroughPut

APRIL 15, 2024

Fortunately, a solution is emerging that not only relieves these pains but also transforms them into competitive advantages: AI forecasting, a paradigm shift in supply chain management. AI in supply chain forecasting is a game-changer. What is Supply Chain Forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. The importance of quality in supply chain management is undeniable. The truth is that global sourcing benefits outweigh the risks for many spend categories, and it’s advantageous to think about the big picture of your sourcing steps.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Global Supply Chains are Here to Stay.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

EC Sourcing Group

JUNE 17, 2020

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. Procurement is a process and one link in the chain of the supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Purchasing Skills Supply Chain Design Software 52

EC Sourcing Group

NOVEMBER 8, 2022

??Meeting the Demand in Sourcing and Procurement. In recent years, considerable efforts have been made to simplify and streamline sourcing, procurement, and overall supply chains to meet demand more effectively. Sourcing and Procurement Optimization : Speed and Transparency. Contract management.

Optimal Sourcing 52

Optimal Sourcing Demand Planning Software Sourcing Strategies Supply Chain Software 52

EC Sourcing Group

JUNE 14, 2023

In the dynamic world of procurement , sourcing teams are constantly on the lookout for innovative strategies to drive cost savings and improve supplier relationships. With increasing interest from companies of all sizes around the globe, reverse auctions are revolutionizing the way sourcing teams approach negotiations.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 52

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, Predictive AI has been used in numerous unique applications outside the supply chain.

Predictive Analytics Software 97

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 97

EC Sourcing Group

MARCH 21, 2022

Sourcing is a vital piece of procurement and the overall supply chain itself. However, just about anything can be improved upon, and sourcing optimization and optimized operations can help streamline the process. Read on to learn more about how to optimize the procurement process and how to improve upon sourcing.

Optimal Sourcing 52

Optimal Sourcing Sourcing Optimization Software Supply Chain Planning Software 52

The Logistics of Logistics

JANUARY 13, 2023

Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supply chain resilience for electronics manufacturers. Trey and his Co-founder Taha Zinifi started Amplio in Summer 2021 to help solve one of the most critical supply challenges facing the industry. Access diverse sources of supply.

Manufacturing Procurement 182

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 182

EC Sourcing Group

DECEMBER 13, 2021

What Is Vendor Sourcing? Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Read on to learn more about auction vendor sourcing and more about the management process.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Logility

MARCH 21, 2024

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.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

EC Sourcing Group

SEPTEMBER 20, 2022

Ethics in Sourcing and Procurement Management. Read on to learn more about procurement management and ethics, how to spot unethical behavior, and how your eSourcing software can help you pave the way to an ethical and risk-free sourcing and procurement process. Illegal sourcing. Principles of Ethics in Procurement Management.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Purchasing Skills Sourcing Strategies 52

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process. Expand your networks.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

Saleswarp

MARCH 20, 2023

Sustainability has become increasingly important for businesses over the years, with companies now focusing on creating more sustainable supply chains. A sustainable supply chain integrates environmentally friendly practices throughout the entire process, from sourcing raw materials to product delivery.

Waste Reduction 52

Waste Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is Procurement Management? Billing management.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

EC Sourcing Group

SEPTEMBER 6, 2022

Why You Should Choose Companies with Green Supply Chains. There is no denying that companies with green supply chains are becoming more and more the norm. A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

EC Sourcing Group

JANUARY 11, 2021

In the entire supply chain, you, as a company, want to be able to deliver a final product to a buyer. There are many different stops within that supply chain along the way, such as procurement and procurement management. The Role of Reverse Auctions in Strategic Sourcing: What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

EC Sourcing Group

NOVEMBER 15, 2022

How Supply Chain Management Can Mitigate the Effects of Inflation. Rising inflation can certainly disrupt the supply chain. However, those following best practices for supply chain managemen t can mitigate the effects of inflation and keep things under control. percent increase in inflation rates.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimal Sourcing 52

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Total Supply Chain Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Kinaxis

JULY 19, 2017

In reality, all this emerging tech, whether it’s turning your world upside down or not, is having a very real impact on how businesses manage their supply chains. He outlined eight emerging technologies that are most likely to drive dramatic changes across the CPG supply chain. Connected home. IoT at retail.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit, Crisp’s Head of Supply Chain Barry Bradley gave brands a step-by-step guide to running a data-driven operations team. It’s an incredibly exciting time to work in the supply chain. Why is data so critical in supply chain management? Step 3: Collect your Data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

ThroughPut

MARCH 30, 2021

Making Zero Waste Supply Chain A Possibility in the Food Industry with AI. These statistics are astounding and one of the many reasons why we stand here today is the massive market inefficiencies and supply chain issues in the food industry, which do not exist as significantly in other industries. billion tons worth $1.5

Waste Reduction 126

Waste Reduction Supply Chain Planning Software Resource Reduction Supply Chain Software 126

LevaData

JANUARY 12, 2022

Anyone who has spent any amount of time in the supply chain profession is well experienced in dealing with constant changes. Supply chain disruptions are, after all, an unavoidable part of the territory. Making the Most of Supply Chain Disruptions. Learn more about our Supply Risk Navigator solution here.

Supply Chain Disruption 80

Supply Chain Disruption Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 80

EC Sourcing Group

SEPTEMBER 7, 2021

Spend Analysis in Supply Chain Management. The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

crisp

DECEMBER 17, 2021

So Steve’s real challenge was to source the allulose, which today is produced by only a small number of manufacturers. Addressing supply chain constraints required careful planning on Steve’s side as RxSugar brought on new stores every day. To learn more about how data can help your brand grow, contact us for a demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 98

Resilinc

OCTOBER 9, 2023

What’s at stake when your supply chain is unprepared for a cyber attack? If you don’t have ways to prevent cyber attacks in your supply chain, that’s a lot to leave up to chance. Of those alerts, over 50% triggered a WarRoom—meaning these events had a high potential to disrupt the supply chain.

Supply Chain Planning Software 58

Supply Chain Planning Software Analytics Software Supply Chain Software Supply Chain Planning 58

Parade

MARCH 28, 2022

We’re back and shining our spotlight on one of Parade’s supply chain solution partners, Turvo. Turvo’s Collaboration Cloud and modern TMS applications help streamline people, processes, and data for global supply chains. Reach out to their team to request a demo today. What Does Turvo Do?

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 78

Resilinc

SEPTEMBER 24, 2023

Black swan supply chain events have traditionally been associated with (if not formally defined as) improbable, rare, or unlikely events with severe or even catastrophic business impacts. The COVID-19 pandemic is a prime example; it was unexpected and impacted nearly every industry, level of supply chain, and facet of life.

Supply Chain Risk Management 58

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Strategy 58

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. A perceived lack of ethics may affect your reputation and the entire procurement process and supply chain. . Every company wants to save money, but the right sourcing software can help you manage spend and save money the right way. Illegal sourcing.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Resilinc

AUGUST 30, 2023

If any of the five major waterways are disrupted, it could significantly impact the global supply chain. So, what can supply chain managers do? First, managers must identify potential choke points in their supply chains. Then, managers should invest in a 24/7 supply chain monitoring system.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Cost Optimization : Commodity prices in the energy sector can be highly volatile.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52