Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Target cost.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Talking Logistics

JANUARY 5, 2014

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Ask “What are the risks?”more Supply chain management is risky business — and the risks are growing every day. more often. The same is true for CEOs.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. That supplier can be put on “hold.”

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Arena Solutions

OCTOBER 12, 2023

Many companies within aerospace and defense , electric vehicle (EV) technology , medical devices , biotechnology , and clean tech sectors are seeing lucrative business opportunities to compete in the market. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. billion to $855.62

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Talking Logistics

JANUARY 4, 2016

We’ve made our predictions , but it’s the unexpected that makes supply chain management so exciting and demanding. Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? Ask “What are the risks?”more And the first step is asking “What are the risks?”

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

Supply Chain Shaman

AUGUST 16, 2015

As an analyst, when technology providers acquire and divest companies, I get invited to pre-announcement conferences. In these sessions, the technology providers share their rational for the investment and invite questions. Infor–a market consolidator of enterprise software–currently has revenues of $2.8

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. Linear supply chains as we know them are turning into supply networks with more players and parties than ever before. Of course, this will be no guarantee that you will eliminate risk.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

QAD

MAY 16, 2019

The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. Benchmark supply chain operations. Mitigate risk throughout the tiers of automotive suppliers. Increase customer satisfaction.

Supply Chain Planning Software 100

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 100

Talking Logistics

MARCH 2, 2016

In this week’s Ripped from the Headlines segment, another example of how many companies still have poor visibility and control of their end-to-end supply chains. As I’ve said many times before, there is no silver bullet for supply chain visibility. How do you begin to improve supply chain visibility and control?

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. As supply chains become more complex there is a greater need to cultivate clear, measurable ways to evaluate every supplier. What are the benefits of supplier relationship management?

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

ivalua

JUNE 2, 2016

For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Turvo

JUNE 12, 2020

Shrinking profit margins undermine the value of freight brokers, and in a supply chain reality of disruptions that may require potential costly pivots, how can any broker lower their expenses? Take the recent disruptions to the supply chain. Connect with all supply chain partners and drivers at all times.

Analytics Software 53

Analytics Software Analytics Expense Reduction Cost Reduction Strategies 53

Arkieva

AUGUST 8, 2016

This and much more, in your Monday supply chain briefing from Arkieva. Supply Chain News. Changes have also been made throughout the document to clarify and emphasize the collaboration between the responsible agencies and other regional planning efforts, including funding.”. Supply Chain Strategy.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Precoro

MARCH 31, 2023

Optimizing the supply chain can play a significant role in reducing a company's adverse influence on the environment as their Scope 3 emissions are directly affected by their suppliers. Many organizations have responded by introducing policies and practices to prevent and address child labor in their supply chains.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process. Download Free Purchase Order (PO) Report 2.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Arena Solutions

JUNE 5, 2023

We also have built-in analytics to help report out metrics to key stakeholders and Arena is really well integrated with other platforms such as CAD programs and ERP systems. We automate and we standardize regulatory workflows, so it really takes away a lot of that administrative burden that regulatory professionals are struggling with.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. In this post, we’ll unpack ten top procurement metrics and why they matter.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logility

MARCH 31, 2022

Given the physical distance and differing views on socially acceptable ideals, managing global vendors is one of the most difficult tasks companies can face. Yet, vendor management is integral because your reputation and success – or failure – hinges on it. But without the proper tools in place, this can be a daunting task.

Vendor Strategies 26

Vendor Strategies Global Supply Chain Design Software Supply Chain Planning Software 26

Exiger Perspectives

MARCH 30, 2023

Issues with Many SCRM Programs Supply chain management and supply chain risk management (SCRM) have become a greater priority for businesses and government organizations in the last five years, according to Gartner. We refer to this as the TRADES framework.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? Thus, liquidity is critical to overall risk management and business resilience.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

NC State SCRC

APRIL 3, 2019

The major risks in Development and Manufacture Contracts in the Aerospace and Defense Industries includes risks identified by Ernst & Young [7] and additional risks considered in industry: Volatility in geopolitical and economic environment [7]. Managing the supply chain [7]. Description. Description.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

NC State SCRC

JANUARY 16, 2024

” The NDIS focuses on four key elements: supply chain resilience, workforce readiness, flexible acquisition, and economic deterrents. Flexibility : The NDIS emphasizes the importance of supply chain visibility to manage disruptions proactively, aggressively, and systematically. This does not exist today.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

Intelligent Audit

DECEMBER 20, 2021

It is no surprise that the global pandemic had a devastating impact on the world’s supply chain, with more than 75% of businesses saying they had at least one significant negative impact directly caused by the pandemic over the past 18 months. Supply Chain as a Service Will Grow More Invaluable.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 52

Arena Solutions

OCTOBER 5, 2023

Strategic, well-planned audits can help you focus on your business—developing innovative quality products, creating a collaborative supply chain, driving company growth, and meeting customer demand. Engineering and manufacturing companies face a staggering amount of disruption, daily challenges, supply chain issues, and competition.

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

QAD

JUNE 22, 2023

Supply chains are in a constant state of disruption and companies must be prepared to pivot between diverse suppliers at any given time. They also have large manufacturing bases with multiple facilities, each of which may be using different technologies and moving toward digital transformation at varying rates.

Quality 90

Quality Groups Supply Chain Planning Software Optimal Sourcing 90

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Reduced risk. Three Pillars of Procurement Management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Precoro

FEBRUARY 27, 2023

For instance, Spending as a Percentage of Revenue is an important metric that can showcase whether an organization spends more money while getting the same or even worse results than similar companies in the industry. On the other hand, electricity, software subscriptions, advertising, and consultancies are examples of indirect spend.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Precoro

MARCH 30, 2022

It involves negotiating with suppliers, adjusting internal administrative and operational expenses, and automation. Risk Management. Risk management strategy minimizes the impact of unfortunate events on the procurement process. This strategy allows a company to develop appropriate responses to potential risks.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

HICX Solutions

AUGUST 17, 2023

At the center of this paradigm is Supplier Performance Management (SPM) – a critical component of comprehensive supply chain management that has demonstrated that it is crucial in driving business success in the modern global economy. What is Supplier Performance Management?

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Spend analysis can be conducted using a variety of tools, from deploying the most cutting-edge source-to-pay software to using PivotTables in Microsoft Excel spreadsheets. Subscribe Here! Email Address.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Kinaxis

NOVEMBER 24, 2016

by Trevor Miles The Result is Faster and More Effective End-to-End Supply Chain Management. In my first two blogs on this topic, I explained how supply chain management is a collective activity. But today’s environment of modular, functional supply chain planning is failing to provide that view.

Supply and Demand 100

Supply and Demand Supply Chain Planning Software Modeling Supply Chain Design Software 100

HICX Solutions

MARCH 3, 2022

It is safe to say that, over the last 24 months, the pandemic has reinforced an unavoidable truth: in order to maintain a competitive edge, business must drive resilience and visibility across their supply chain – and having a strong digital strategy has been shown to be key to achieving this. Measuring outcomes.

Data 52

Data Sourcing Strategies Optimal Sourcing Analytics Software 52

QAD

SEPTEMBER 21, 2023

Manufacturers — particularly those in the technology sector — can face supply chain and export management challenges when they expand into an emerging market. Furthermore, there are risks with sharing sensitive information, intellectual property or technology. This is particularly true of dual use products.

Supply Chain Software 97

Supply Chain Software Real-time Visibility Predictive Analytics Software United States 97

RFgen

JANUARY 18, 2024

The goal is to equip businesses with the knowledge and tools for a successful transition to a cloud-based ERP system, enhancing efficiency and competitiveness in today’s competitive environment. Cloud-based Enterprise Resource Planning (ERP) solutions represent a significant shift in the way organizations manage their business processes.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72