Mon.Oct 10, 2022

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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

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?

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

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.

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The Most Popular Supply Chain Class Readings

SCM Research

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.

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Prioritizing ESG Compliance in the New Supply Chain

Supply Chain Brain

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.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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4 Reasons Health and Wellness Should be an Organizational Priority!

Supply Chain Game Changer

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.

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Getting the Education and Experience to Land a Job in Supply Chain!

Supply Chain Game Changer

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.

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Supply Chain Scaries

Supply Chain Brain

Disruptions of any kind within your supply chain can be scary. What happens when there's millions or even billions of potential loss on the line?

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Insight Plum & Xeeva Partner Showcase – Supply Chain Disruption, ESG in Procurement and Data Transformation

Xeeva

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 […].

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Five Critical Best Practices for Supply Chain Planning

Supply Chain Brain

Here are five critical best practices your company should consider when looking to enhance its supply chain planning processes.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Scenario-based Forecasting vs. Equations

The Smart Software

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.

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The New Normal: Falling Rates and Improved Efficiency Set New Standards for Shippers

Intelligent Audit

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.

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Scenario-based Forecasting vs. Equations

The Smart Software

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.

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Supply Chain News on Walmart acquires Micro Fulfillment Center Technology Provider Alert Innovation

Supply Chain Digest

Comes after Company announced Plans in May to Roll Out Technology from Symbotic at its Distribution Centers

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Scenario-based Forecasting vs. Equations

The Smart Software

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.

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Global Supply Chain News on Ocean Container Shipping Rates in a Freefall

Supply Chain Digest

Shippers Demanding Large Contact Price Relief as Spot Market Collapses

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Columbus Day-Indigenous Peoples’ Day 2022

Enterra Insights

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

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The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics

The Logistics & Supply Chain Management Society

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.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Tesla Plans to Deliver Semis to Pepsi Years After Unveiling

Supply Chain Brain

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.

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Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

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.

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Cloud ERP and cybersecurity

SYSPRO Smarter ERP

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.”.

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Rail Union Rejects Biden-Backed Deal, Reviving Strike Risk

Supply Chain Brain

The result signals continued discontent over compensation, working conditions and sick-leave policies among some of the more than 100,000 union-represented workers of U.S. freight railroads.

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

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The Port of Virginia with Stephen Edwards

The Logistics of Logistics

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).

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What is S&OP and IBP?

John Galt

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.

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Introducing: Not your grandpa’s MFT, a vlog series

Axway

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.

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Strong Dollar Pressures U.S. Manufacturing Rebound

Supply Chain Brain

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.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Is It Time to Evolve Your Supply Chain Network Design?

Logility

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.

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Watch: Ensuring Excellence in the Post-Purchase Experience

Supply Chain Brain

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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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

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.