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The old saying " If you cannot measure it, you cannot improve it " holds as true as ever. In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization?
In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. Autoliv is the world’s largest safety system supplier in automotive industry. This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year.
Stephen Edwards and Joe Lynch discuss the port of Virginia. Stephen is is the CEO and Executive Director of the Virginia Port Authority (VPA). In 2019, CNBC ranked Virginia as the #1 state for business, and The Port of Virginia plays a key role in Virginia’s ability to serve those businesses. About Stephen Edwards. Stephen A. Edwards is the CEO and Executive Director of the Virginia Port Authority (VPA).
The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics. Feature Article by Nishith Rastogi, Founder and CEO at Locus. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside.
Have you ever wondered what supply chain literature is most commonly used in the classroom? Open Syllabus , a non-profit research organization, currently has a corpus of nine million English-language syllabi from 140 countries and data on class readings is available for a large proportion of these syllabi. I checked which readings with the term “supply chain” in the title are used the most in the “Business” category.
Supply chain organizations are like any other part of a business – they’re always moving, changing, and trying to produce and deliver outcomes faster, more efficiently, and to everyone’s satisfaction. But even the most high-performing supply chains have process, infrastructure, and technology gaps that can become problematic if not addressed early.
Supply chain organizations are like any other part of a business – they’re always moving, changing, and trying to produce and deliver outcomes faster, more efficiently, and to everyone’s satisfaction. But even the most high-performing supply chains have process, infrastructure, and technology gaps that can become problematic if not addressed early.
The supply chain ecosystem won’t revert to its pre-pandemic state. With this in mind, manufacturing organizations are placing top priority on modernizing procurement technology.
Too much inventory in your distribution network? Inventory costs too high? Are profits too low? Stock-outs, availability issues, and SLOBs impacting service performance? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. The good news is that they are all problems with solutions, and that every supply chain can be improved through inventory optimisation.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The New Mission for Employee Health and Safety! It’s sad to see how many business owners don’t seem to think that health and wellness should play an important role in their operation. Some of them might assume that it is a waste of time or money when it’s neglecting health and wellness that could end up hurting them the most.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Thanks to the impacts of COVID-19, a host of black swan disruption events, and evolving consumer behavior, retailers’ digital transformation strategies went from being a long-term roadmap to an overnight necessity. However, upon this realization, and the incumbent need to revisit their current digital infrastructures, many have been faced with something cumbersome… rigid… almost unmovable.
Traditionally, software has served as a delivery vehicle for equations. This is fine, as far as it goes. But we at Smart Software think you would do better by trading in your equations for scenarios. Learn why Scenario-based planning helps planners better manage risk and create better outcomes. The post Scenario-based Forecasting vs. Equations appeared first on Smart Software.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? The supply chain and logistics fields are among the fastest growing career fields. There are hundreds of different positions and career paths open to qualified candidates. It can be thrilling to work towards becoming a part of a fast-paced industry that is experiencing rapid growth, but you also need to be prepared with education and experience.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Welcome to the third episode of our “Partner Showcase” series, where we feature Xeeva’s exclusive partners. This week on Partner Showcase, Andrew Madera, Account Executive of Partnerships at Xeeva, interviewed Milan Otajovic from Insight Plum, one of our partners. Insight Plum is a Procurement Technology firm based out of Dubai and is the world’s leading […].
Report outlines approach to corporate purpose and sustainability, and the value it provides to clients’ ESG goals AUSTIN, Texas – Oct. 10, 2022 – E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today released its 2022 Environmental, Social, and Governance (ESG) report , which illustrates the company’s commitment to unifying and optimizing global supply chains through technology and collective actions that improve qual
Traditionally, software has served as a delivery vehicle for equations. This is fine, as far as it goes. But we at Smart Software think you would do better by trading in your equations for scenarios. Learn why Scenario-based planning helps planners better manage risk and create better outcomes. The post Scenario-based Forecasting vs. Equations appeared first on Smart Software.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Traditionally, software has served as a delivery vehicle for equations. This is fine, as far as it goes. But we at Smart Software think you would do better by trading in your equations for scenarios. Learn why Scenario-based planning helps planners better manage risk and create better outcomes. The post Scenario-based Forecasting vs. Equations appeared first on Smart Software.
As the logistics industry continues to recover from pandemic-era supply chain disruptions, shippers are adjusting quickly to the expectations of a new normal. Falling ocean rates and volatile fuel costs have logistics professionals across the supply chain searching for innovative efficiency solutions throughout their operations. With peak season approaching in a dynamic logistics industry, here is a weekly roundup of news and trends shaping global supply chains.
There are only two Federal Holidays known by more than one name — George Washington’s Birthday (also informally known as Presidents Day) and Columbus Day (also known as Indigenous Peoples’ Day). While there is little controversy about the former dual-named holiday, the latter holiday is filled with controversy. As the staff at Almanac.com notes, “The observance of Columbus Day is not without controversy. … Although Columbus’ landing in the New World marked the start of a
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The carmaker will hand over Semis to PepsiCo, which has said it’s reserved 100 of the trucks and expects to deploy an initial 15 by the end of the year.
Cloud ERP Data is a business asset. And in the digital age, it is essential for every company to become data-driven. Data is what turns insight into innovation and volume into value and that makes it powerful. In fact, it was Sir Tim Berners-Lee, the inventor of the World Wide Web, who said: “data is a precious thing and will last longer than the systems themselves.”.
Sales and Operations Planning (S&OP) is the process to ensure enough demand and supply to support business goals. See how you can evolve your S&OP/IBP process.
In a world where short attention spans are drawn by the latest thing that glitters, we rarely pause to consider the workhorses that make our digital world go round. Well, we want to change that.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
The dollar’s surge against the euro, the Japanese yen, the British pound and other currencies adds a new wrinkle to the re-shoring drive that has seen some U.S. companies look for domestic alternatives.
Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. Unlike many businesses who sell finished products, manufacturers have several moving parts when it comes to inventory because they employ a variety of supplies and processes to make products—from raw materials and sub assembly to production to finished products.
Joe Marcaurelle, vice president and assistant general manager with Inmar Post-Purchase Solutions, explains how online merchants can use the post-purchase experience to change the returns process from a cost burden to a competitive advantage.
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