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• The procurement process in any organization is a combination of several functions that require expertise ranging from sourcing, data collection and analysis, negotiation, accounting, risk management, project management, and many more. Though not set in stone, the procurement process can be understood through five phases. Needs Recognition– Needs are recognized at the department level […].
“Over the last fifteen years,” writes Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, “Sales and Operations Planning (S&OP) enjoyed a renaissance.”[1] She also hints it’s time to move on. She writes about a unit of DuPont (now acquired by DOW) that, in the early 2000s, was “ahead of [its] time on simulation analysis and cross-functional orchestration.” According to Cecere, the time for simulation analysis and cross-functional orch
Do you have the correct inventory targets to optimize your investment in working capital? If you’re looking to free up funds or keep excess inventory to a minimum, here are some crucial elements you’ll need to keep top of mind. Inventory reduction is a hot topic right now. Businesses across industry lines are seeking to … The post Planning Under Uncertainty: A Data-Driven Approach to Inventory Reduction appeared first on Chainalytics.
By Chris Jones (pictured). EVP, Descartes. The post Why Sustainable Home Delivery is a Win-Win for Consumers and Retailers Alike appeared first on IT Supply Chain.
The massive disruption in global logistics is a driving factor behind the supply chain crisis. Companies must optimize logistics to prepare for the next disruption.
By David Fowler (pictured). Content Writer. The post 6 Reasons Why the Logistics & Transportation Industry Needs OT Security appeared first on IT Supply Chain.
The supply chain bottlenecks we’re experiencing across the world start with the global chip shortage, the most severe of the current component shortages.
“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.
We are excited to announce the general availability of QAD Adaptive ERP 2022.1, the latest version of QAD’s next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. We are also excited to unveil updates to other areas in the QAD Adaptive Applications solution portfolio. As organizations seek to boost business responsiveness and flexibility to address disruption, this latest release progresses our customers’ ability to advance the business int
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Get the Most out of Business Travel! (Infographic). So, you spent four years learning everything about a hospitality career and tourism, public houses, and dealing with problem clients. What can you do with that knowledge if you choose the hospitality field? Can you go straight to a hotel manager position?
It’s difficult to build new and innovative products using old technology and processes. The same goes for trying to orchestrate harmony between dispersed and cross-functional teams, and your supply chains—that is a fix many manufacturing companies are finding themselves in. As more products are integrated with smart technologies, like the Internet of Things (IoT) and artificial intelligence (AI), manufacturers are realizing the value of using cloud-based solutions like product lifecycle manageme
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? The Digital Supply Chain is the future. The end to end electronic connectivity of all elements of the Supply Chain, as enabled by an extensive array of exciting new technologies, will define all progression over the next few decades. But how does this Digital Supply Chain journey begin?
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
This is a commentary on the article To Share or Not to Share: The Future of Collaborative Forecasting , Foresight 2022, Q4, by Pierre Pinson, Editor in Chief of The International Journal of Forecasting. Asymmetry of Data Ownership. In Pierre Pinson’s article “To Share or Not to Share: The Future of Collaborative Forecasting,” the comparison between data and big oil is striking.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Improve Healthcare Quality! Data security has become a major concern over the last few years. It’s the responsibility of every sector, including the Healthcare Data Supply Chain, to ensure they secure their sensitive data from cyberattacks and other related issues.
There are a lot of hard-headed realists in the procurement and supply chain profession. And right now—with leaders of both political parties, economic think tanks, institutional investors, and influential columnists saying we must de-globalize and reshore our supply chains or face economic, environmental, and geopolitical catastrophes—the realists’ perspectives aren’t especially popular.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 9 Small Business Marketing Ideas to Scale Your Marketing! If you own a frozen slush beverage center, you probably already know many benefits of owning and operating one. Customers love the convenience of having an ice cream shop right in their neighborhood, but they also love the premium quality of your frozen slush beverages.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Invest to Make Your Supply Chain More Efficient! Supply chains are central to optimal eCommerce results. The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition. Needless to say, any issues in these intricate processes and lack of Supply Chain optimization leads to customer dissatisfaction and a poor reputation.
Supply Chain Matters ponders on EV automaker’s Tesla’s recent quarterly vehicle delivery performance and how a business model developed to challenge existing industry norms was apparently not immune to ongoing global supply chain events. There should be little doubt that the past three years has provided a lot of both revelation and learning opportunities for multi-industry supply chains.
The European Central Bank published an economic bulletin predicting global supply chain headwinds for the next 18-24 months. Supplier performance is creating supply chain imbalances; and when compared to consumer demand, is the biggest cause of supply chain disruption.
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.
In 2023, it’s time to focus on building resilience into your supply chain, and a great place to start is with the human side. Look to your supplier relationships as step one in reducing risk and vulnerability.
The European Central Bank published an economic bulletin predicting global supply chain headwinds for the next 18-24 months. Supplier performance is creating supply chain imbalances; and when compared to consumer demand, is the biggest cause of supply chain disruption.
When Adele released 30, demand for the vinyl edition was woefully unanticipated, impacting manufacturers, recording artists, and labels on a global scale.
Each year, it seems our world unanimously decides what new “buzzwords” are going to be used as our conversation starters- things such as the stock market, inflation, or climate change. In the past year or so, the new terms seem to have been “ supply chain ” and “ logistics.” However, similarly to our other conversation starters, not many people get the opportunity to truly learn what these terms actually mean.
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 role of freight forwarders has morphed over the years out of the necessity to provide what some call “one throat to choke” – a single point of contact for various activities. In this case, the overwhelming number of recurring disruptions has led to the need for freight forwarders to broaden their service offerings to. Read more Freight Forwarders: The Essential Partner.
It’s time for some truth telling about these top 3PL fulfillment companies lists you see around the internet. For the most part, they’re bogus. Just about all of them. We say that even though we’ve landed on some ourselves.
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