Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. It will not be over soon.

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 315

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. Supplier Performance Evaluation.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. AI-driven systems improve understanding and management of workflows.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ThroughPut

APRIL 30, 2024

ThroughPut’s AI-powered tool equips decision-makers throughout the supply chain with actionable recommendations, enhancing the quality and effectiveness of decisions at every level. It helps address disruptions and promotes innovation. Step 2 – Data Checking phase This phase involves focusing on data quality.

Supply Chain Planning Software 52

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

The Logistics & Supply Chain Management Society

MAY 28, 2022

5 Megatrends Shaping Supply Chain Innovations. In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. Feature Article by Prof.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

ThroughPut

FEBRUARY 2, 2024

Some of the significant improvements you can expect are: Agile and Responsive Decision-Making: The real-time data and predictive insights provided by advanced analytics enable supply chain managers to make quick, informed decisions. Data Quality and Governance : Ensuring the quality and consistency of data is paramount.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Supply Chain Game Changer

JUNE 10, 2020

Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.) Do you really know where, and who it is you buy from?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Building APIs to supplement EDI will not necessarily help improve risk management.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Supply Chain Opz

NOVEMBER 9, 2014

percentage of second-tier suppliers who follow a certain risk management or IT standard”). In addition the growing importance of local information about environmental risk, such as water shortages faced by business or employment conditions, can be critical in supply chain decision making. What can you do? What can you do?

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, should customer sentiment data feed into quality systems?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Jaggaer

OCTOBER 22, 2020

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Out of more than $100 million under spend, 3 people are supposed to manage this, including the Director of Purchasing. In other words, they did not want to manage their own servers, computers, network, and data going forward.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Hidden costs due to late deliveries or quality issues . Maverick buying . Fit for Purpose’ buying channels with guided buying .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Procurement Solutions Optimization Software 130

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

NC State SCRC

APRIL 3, 2019

Managing and retaining talent [7]. Capacity to innovate [7]. Risk: Managing the supply chain [7]. Due to the complexity and quality of the components, the lead times and costs are high. Risk: Competition in domestic and international markets [7]. Risk: Managing and retaining talent [7].

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

MIT Supply Chain

MARCH 27, 2014

Now the profession and the business community must move even quicker to develop the supply chain expertise they need to excel in a rapidly changing world. The pace at which networks are reconfigured will increase as new innovations emerge. The overall affect is to make supply chains even more reactive to customer buying patterns.

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 68

Supply Chain Shaman

SEPTEMBER 23, 2016

This is not the case with the purchase of direct materials. Direct material purchases are still controlled by Material Requirements Planning (MRP) and traditional buying processes. The focus is primarily about the reduction of purchase costs. These risks in supply chain are growing unchecked. There is congruence.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Supply Chain Matters

JUNE 21, 2022

Especially noted is technology-driven innovation with one example being Uber Freight’s acquisition of Transplace , the aim being an industry leading logistics technology platform. We applaud Kearney for the quality as well as the candidness of the perspectives in the report content and assessments. Bob Ferrari.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Silvon Software

APRIL 18, 2024

Optimizing Enterprise Performance Advanced data management and performance analysis tools like Silvon’s can leverage AI to easily integrate, normalize and store data from numerous sources within a single, secure environment that can be easily accessed by users across the organization using business terms they understand.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Procurement Academy

OCTOBER 19, 2023

Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence. This is all done alongside the achievement of cost-effective procurement and robust vendor management.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

HICX Solutions

AUGUST 26, 2021

The recent HICX Supplier Experience Survey found that 78% of procurement professionals think that their suppliers would rate them as excellent or best-in-class. Adam agrees, as he adds, “I was really surprised that 78% thought that they were excellent. Have I got a purchase order? Has the purchase order come in?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Eliminating Excel in Purchasing 52

ThroughPut

MAY 16, 2024

Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Optimal supply chain management also ensures compliance with industry standards and regulatory requirements.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Precoro

MARCH 30, 2022

The term procurement strategy refers to a long-term plan to build strategic relationships with competitive suppliers to acquire the necessary goods and services of the best quality in a specific cost range and have them delivered on time. A procurement strategy defines how purchasing decisions are made. Risk Management.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Logility

JANUARY 28, 2022

A 2021 McKinsey report suggests that COVID has put supply chain risk on everyone’s radar. Most respondents (95%) say they have formal supply chain risk management processes, and 59% of companies say they have implemented new supply chain risk management initiatives in the past year. Play Offense.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

EcoVadis

NOVEMBER 22, 2016

Some of the gaps the report reveals include: One in five businesses do not have any software tools, and 87% are still using Excel or a mix of disconnected tools. 54% of businesses do not collect feedback from their suppliers, and only 48% of firms have effective risk management in place for more than half of their key suppliers. .

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing System Sourcing Strategies 56

SCMDOJO

APRIL 24, 2024

One interesting fact is that companies that adopt digital transformation and supply chain innovation can expect operational cost savings of up to 30%, according to a recent McKinsey study. It means enabling customers to shop online and pick up in-store or to return online purchases at physical locations.

Optimal Sourcing 59

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 59

Arena Solutions

AUGUST 4, 2021

Quality is always a top priority for life sciences companies looking to develop safe and effective products. To meet these goals, many organizations rely on enterprise quality management system (QMS) software solutions to get high-quality products to market fast. What Is a Quality Management System (QMS)?

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 59

EcoVadis

APRIL 10, 2017

His thought-provoking session covered GSK’s approach to managing risk and innovation. He discussed openly and honestly the challenges of managing risk. He also described how GSK is working with Ecovadis to assess risk as a core element of their global strategy. Managing Risk. Other highlights.

Optimal Sourcing 40

Optimal Sourcing Procurement Eliminating Excel in Purchasing Conference 40

6 River Systems

JUNE 29, 2020

As global supply chains start the long process of recovery, supply chain management is in the spotlight, and new best practices and innovative strategies are emerging as supply chain leaders aim to reduce risk in an uncertain future. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4.

Supply Chain Planning Software 116

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

Supply Chain Game Changer

JUNE 2, 2020

Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. The details and magic of Excel analyses.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

Arena Solutions

MAY 5, 2022

Cindy is Senior Quality Systems Manager at AEye incorporated. Cindy has been involved in change management and quality for the past 30 years. She has used Arena PLM for the past 19 years and has benefited from its evolution into a world-class tool that has allowed her to provide excellent support to her employers.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software How To 52

6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Use cases include dynamic pricing, product quality testing, dynamic replenishment and staffing and resource decisions.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

Supply Chain Game Changer

NOVEMBER 23, 2018

Achieving excellence in logistics involves working collaboratively with others to optimize the flow of physical goods as well as the complex flow of information and financial transactions” ( Gockel et al. Procurement is most valuable when people (suppliers and buyers) are collaborating together and innovatively. Source: Accenture.

SCM 50

SCM Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 50

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. We needed something innovative, an idea out of the box to pull us out of the storm.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Logistics Bureau

APRIL 25, 2022

Is it enough to have a business-related degree and a little supply chain experience, or is supply chain leadership a vocation for which you must work hard to acquire specific qualities? In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them.

Negotiating Skills 88

Negotiating Skills Buyer Training Supply Chain Planning Software Pricing Training 88