ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Simmons Foods Simmons Foods is a farm to fork poultry manufacturer.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

BlueYonder

FEBRUARY 23, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. Sunil: It’s important to start with metrics. And how should they be solving for them?

Manufacturing Procurement 77

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 77

Supply Chain Shaman

SEPTEMBER 28, 2022

Based on the current issues with material shortages, labor issues, electrical costs and outages, weather events, and water availability, I forecast an equal level of disruption for the next three years. In this volatile world, efficient procurement led by a CFO is not the answer. Business continuity is the overarching issue.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Unleashed

MARCH 30, 2022

If you’re a manufacturer looking to boost efficiency, control charts are a simple but effective way to monitor and improve your production processes. So what is a process control chart, why are they so useful for manufacturing businesses , and how can you start using them? We take a look. What is a process control chart?

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

ivalua

FEBRUARY 11, 2021

What will Procurement Best Practices be in 2021? The problem was compounded by the pandemic, and beginning in March last year, CPOs and procurement leaders were really put to the test. . Ardent Partners Procurement Metrics That Matter, Feb 2021. Prediction 3: Procurement will drive critical business strategies in 2021-22.

Manufacturing Procurement 246

Manufacturing Procurement Optimal Sourcing Predictive Analytics Software Procurement 246

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Watermelon Metrics Don’t Drive The Right Results.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Supply Chain Shaman

JULY 19, 2020

The idiom, rearranging the deck chairs on the Titanic, symbolizes working on something pointless or insignificant because it will soon be overtaken by events. The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. Tom Peters. Here, in this blog, I explain. Table 1.

Supply Chain Design Software 405

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 405

Oracle SCM

JUNE 14, 2018

Manufacturing today is more complex than ever before. context, data is coming in from more and more sources. " Now when we look at the amount of data that is created in the context of Manufacturing, the Industrial Internet of Things, and Global Supply Chains, we can be sure that it is not much different.

Manufacturing Procurement 96

Manufacturing Procurement Predictive Analytics Software Manufacturing Modeling Software 96

DELMIA Quintiq

OCTOBER 7, 2020

Or, the importance of digitalized manufacturing and how digitalization has enabled companies to pivot faster to new and more innovative products, processes or never-produced products needed to save lives in the pandemic. . Identify metrics, analytics and projects to drive business improvements. These became coffee break side bars.

Supply Chain Design Software 358

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 358

GlobalTranz

MARCH 23, 2016

The Flex CEO, and board members are corporate leaders of this competitive event. While Kaizen events and continuous improvement (CI) projects provide breakthrough results, these are often not sustained. These metrics would, of course, be aligned and are updated every hour. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

OptiProERP

APRIL 17, 2022

The shop floor is the cornerstone of the manufacturing process. In this blog, you will learn how a Manufacturing Execution System (MES), also known as a Shop Floor Execution System (SFES), embedded in an ERP (Enterprise Resource Planning) system transformed an industrial machinery manufacturer’s shop floor to help grow their business.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Manufacturing Demand Planning Software 52

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

SEPTEMBER 22, 2022

This week, I spoke at a University of Wisconsin event on responsiveness and ASCM on the future of supply chain planning. While I am tired, shaking hands with others in-person at events feels good. Procurement/Buyers Workbench. I have not been home since the end of August. This speaking tour ends the first week of October.

Supply Chain Planning Software 410

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 410

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis. Enable Sustainability with DELMIA.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. Focus on Cost.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. The group’s response is, “Are these supply chain metrics?”

Supply Chain Planning Software 292

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 292

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Arena Solutions

FEBRUARY 4, 2022

The COVID-19 pandemic exposed problems with global manufacturing and supply chains. Shortages in semiconductor chips, steel, and other critical materials have created major delays in getting products to consumers and manufacturing suppliers. Supply Chain Challenges. Tier 2, Tier 3, etc.).

Supply Chain Design Software 78

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 78

ToolsGroup

APRIL 1, 2022

While the industry continues to be rocked by world events, uncertainty has become the new normal. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK. Image source: Fortune. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. The supply ecosystem connects over 630,000 manufacturers and suppliers. COVID of course taught companies the need for agility.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Still, the manufacturing plants and distribution centers are closed. My response is “Hogwash.”

Modeling 280

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 280

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Northrup Grumman, PACCAR Inc, ResMed, Ross Stores, Sleep Number, Subaru, Toro, and Taiwan Semiconductor Manufacturing (TSMC) Company.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Logility

AUGUST 15, 2023

It offers unparalleled visibility, traceability, and disclosure – the true essence of each product’s journey from origin to delivery,” says Vethuizen at this year’s inNOWvate Supply Chain Event. Planners can then pinpoint revenue at risk due to a high resilience index, transcending the conventional scope of multi-sourcing strategies.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Kinaxis

FEBRUARY 3, 2020

But some events are more disruptive than others. The recent outbreak of coronavirus has shaken communities and put companies that rely on manufacturing from facilities in Wuhan, China at risk. As soon as they have this information, these planners investigate alternative sourcing using scenario planning playbooks.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 273

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

BlueYonder

APRIL 13, 2023

ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys If you are in the manufacturing field, why should you attend this year’s event? Terence: Why should manufacturing companies attend ICON?

Manufacturing Procurement 72

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 72

QAD

NOVEMBER 8, 2022

Supply chain challenges faced by manufacturers of delayed deliveries and stockouts take on additional urgency in the medical device arena, where patient well-being depends heavily on timely and accurate delivery. Broadening Multi-Sourcing and the Use of Near Shore Suppliers. It works both ways between manufacturers and their suppliers.

Optimal Sourcing 95

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 95

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Supply Chain Planning Software 63

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 63