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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.
A key factor in the success of Logility’s network optimization solution is the use of reference data. At Logility, we believe that using market reference data is more statistically sound than relying on historical data from one customer. Yes, this data is comforting in that it reconciles back to accounting numbers. However, it is misleading when you try to predict what you will spend in the next period.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
The third-party logistics market is expected to experience steady growth in the near future, as companies continue to realize the value of outsourcing their supply chain operations.
Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. In our latest Supply Chain Roundtable, four supply chain experts share their advice on avoiding insolvency during turbulent times. Meet the experts: Lauren Du Plooy: 14+ years of accounting experience, Partner at Rae and Associates – specialists in cloud-based accounting.
Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. In our latest Supply Chain Roundtable, four supply chain experts share their advice on avoiding insolvency during turbulent times. Meet the experts: Lauren Du Plooy: 14+ years of accounting experience, Partner at Rae and Associates – specialists in cloud-based accounting.
The start of the year is busy for cybercriminals. Between Valentine’s Day and the Big Game, cybercriminals have plenty of victims to prey on and consumers have their work cut out for them in protecting themselves. We covered this topic in our recent Security BY Design Blue Yonder LIVE session. Here’s what to expect in the coming month and how you can best protect yourself.
Fulfillment Free trade zones, or FTZs, are controlled places in a country that offer warehouse and distribution services for goods from foreign markets, excluding them from paying taxes on those goods. The value of such operations in 2021 was evident, with 1,200 active operations, 197 FTZs, and 356 production operations reporting in the US, says Site Selection Magazine (Forster).
Last month I wrote about my return to the NRF Big Show. As a quick recap, a crowd of nearly 37,000 people flocked to the Javits Center in New York City to see what new solutions and innovations software suppliers had in store for 2023 and beyond. This year, the recurring theme was all about customer empowerment and how this leads to a positive customer experience.
By Costas Xyloyiannis, CEO of HICX Good supplier data is a function of good supplier engagement. In the early 2000s I was a recent software engineering graduate. Along with a friend and fellow graduate, I landed some project work with a major pharmaceutical company. The CEO, who had just signed up to the UN Global Compact, needed to know how sustainable their supply chain was.
As businesses report their financial performance for the 2022 final quarter and full year, Supply Chain Matters highlights Amazon’s reported quarterly and full year financial and operational performance. Amazon.com Inc. announced yet another concerning financial performance for both the Q4 holiday fulfillment quarter and for the full year 2022. Fourth Quarter 2022 The online shopping platform provider reported Net Sales of $149.2 billion for the holiday fulfillment quarter, a 9 percent year ov
Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Think about it this way: Would you rather spend time focusing on the core aspects of your business or spend valuable time and money trying to manage multiple vendors via spreadsheets and legacy systems manually?
Are you ready for the changes to procurement rules? Public procurement laws are changing. The UK Government’s Procurement Bill is working its way through Parliament and now could be introduced as early as the end of 2023. In this briefing, David Hansom of Clyde & Co and Susan Hilgers of Proxima look at what is changing and what you can do now to prepare for the biggest changes to procurement practice since 2015.
“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.
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
Selecting the right demand planning solution depends significantly on your organisation’s current level of demand planning maturity. This five-question checklist will help diagnose where you are on that progression. Is there a demand planning solution that can take you to a higher level? Here’s what maturity, in this context, means. If your organisation uses a … The post 5 Diagnostic Demand Planning Questions appeared first on Chainalytics.
As global freight forwarders face falling freight rates, rising interest rates and geopolitical instability, they might be excused for pulling back on technology investments in 2023. But that conclusion couldn’t be further from the truth.
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.
Accessible cash flow is the lifeblood of any product business. Without it, you risk losing employees, assets, growth opportunities, and most importantly, customers. This guide covers 13 useful cash flow management tools to help you get a better handle on your business’s financial health. Let’s dive in. Table of Contents What is cash flow management?
During the summer months of 2022, record low water levels on the Rhine meant some vessels were able to carry just 25% of their usual load, so as not to risk running aground on the riverbed.
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.
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