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When you talk to companies that have implemented enterprise or supplychain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex implemented a multi-enterprise supplychain network platform from SAP called SAP Business Network.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Imagine a world where supplychains run with complete transparency, efficiency, and automationwhere every transaction, shipment, and payment are executed seamlessly without intermediaries slowing things down. For decades, supplychainmanagement has encountered bureaucratic bottlenecks, inefficiencies, and trust issues.
Over the past five years, supplychains have faced unprecedented challenges. E-commerce demands, trade pressures, and increasingly complex supplier networks have necessitated executives to raise concerns about their supplychain operations. Managing them requires strong technical and interpersonal skills.
I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions.
Supplychain disruptions have become a persistent operational risk. Traditional supplychain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supplychainmanagement.
For years, supplychain professionals have talked about visibility, resilience, and efficiency. What is needed is a practical, scalable way to unify supplychain data across systems, make it useful in real time, and apply intelligence, whether from algorithms, machine learning models, or a trained human eye, to act on it quickly.
India’s growth story can continue if it streamlines and effectively manages its supplychain like the iconic dairy brand Amul that recently entered the US market. Amul’s supplychain model is a well-structured and decentralized cooperative framework that focuses on efficiency and farmer welfare.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. What Is Agile Procurement?
Historically, supplychain leaders managedsupplychains in a world of abundance. There are many factors: war, supply shortages, climate change, labor (knowledge and availability), and shifts in governmental regulation. It was never measured or managed. Inventory Health. What does this mean?
Procurement and supplychainmanagement are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
5000 developers are working on product enhancements and extensions to the SAP spend management suite. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower.
In the competitive industrial landscape, efficient spare parts inventorymanagement is crucial to maintaining seamless operations and driving profitability. Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.
90-day tariff response: From crisis management to competitive advantage sharkins Fri, 08/01/2025 - 10:25 The August 1 deadline for tariff negotiations has arrived, and with it, the realization that global trade volatility will be a persistent obstacle, not a temporary disruption. Enter the 30-60-90 plan for tariff response.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
But as this capability becomes more widespread, it’s starting to reshape expectations and operations across the supplychain. From a supplychain perspective, pricing becomes more than a marketing lever, it becomes a live data signal. As price changes influence short-term demand, inventory flows may become more variable.
Others had already pressure-tested their supplychain strategies for moments like this. That’s why real-time supplychain orchestration is no longer a nice-to-have. Scenario modeling, running what-if simulations to stress-test sourcing, pricing, and inventory decisions, has become a cornerstone of supplychain strategy.
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manageprocurement 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?
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manageprocurement 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?
Thirty percent of digitaltransformation projects meet expectations. They are focusing on how Infor creates value through insights, automation, and process. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. RPA automates manual and repetitive tasks.
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
As AI advances in the 2025 Gartner® Hype Cycle , four innovations are turning supplychain planning volatility into a proving ground for intelligent business operations. Technology is allowing companies to leverage resilience into opportunities. The rules of supplychain planning are being rewritten in real time.
Indirect procurement sometimes flies under the radar, but its impact on cost, compliance, and efficiency can be significant. For many enterprise teams, managing indirect spend feels like a reactive process that’s out of sync with business goals. What Is Indirect Procurement? Let’s look at some of the most measurable benefits.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. Change is Hard.
Direct and indirect procurement are two fundamental approaches in supplychainmanagement, 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.
Disruptions aren’t the exception anymore, they’re part of how supplychains run. Crisis vs. Continuity, Where the Line Falls Crisis management is the immediate response to something unexpected and high impact. What Disrupts SupplyChains Today? It should be woven into how the supplychain is run.
As part of the workshop, we are developing a list of Do’s and Don’ts related to Distributor Management. Do Invest in Distributor Capability Building : Provide training, digitaltools, and performance incentives. Digital visibility enhances agility and decision-making. I would also love to hear your thoughts!
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
For the past few years, the news has been filled with stories about supplychain disruptions, supplychain fragility, and the need for supplychain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
A Procurement System refers to a sophisticated framework or software designed to streamline and automate various stages of the procurement process within an organization. Best-of-breed solutions often specialize in specific aspects of procurement, while full-suite solutions seamlessly automate multiple process steps.
Leading organizations are rethinking how supplier relationship management and how they manage spend categories, and they’re looking to collaborate more efficiently and effectively across functions. Unifying data across systems allows procurement teams to assess risk, model scenarios, and make more informed, value-focused tradeoffs.
Resilinc made a powerful impact at ISM World 2025—highlighting how AI-driven foresight and financial risk intelligence can transform reactive supplychains into strategic assets. private companies are facing increased days in inventory and receivables, adding to liquidity strain.
Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.
Ever feel like your supplychain is a tangled mess of spreadsheets, frantic phone calls, and last-minute scrambles? It’s the key to transforming your supplychain from a source of frustration into a well-oiled, profit-generating machine. You’re not alone. That’s where data analytics comes in.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychainmanagement.
What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and InventorySoftware? Strong vendor relationships are critical for business success, especially when it comes to managinginventory and procurement. Why is Vendor Relationship Management Important?
In the vast sea of supplychain information, which SCMDOJO supplychain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supplychain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.
Just as technology has the potential to transform other major industries, its also having a major impact on procurement. One thing that is often overlooked in procurement, however, is the need to develop staff that are capable of using these technologies.
The supplychain industry is in a process of change that is technologically induced. Much of the process of operating inventory and delivery coordination is being transformed by AI and automation. It also enables the management of the supplychain finances in exciting aspects.
The Connected SupplyChain. Drip DigitalSupplyChain. Autonomous SupplyChain Planning. Self-Healing SupplyChains. Touchless SupplyChains. The issue is that when companies optimize functional metrics, they throw the supplychain out of balance and sub-optimize value.
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