ivalua

FEBRUARY 8, 2023

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. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

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

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

Proxima

JUNE 5, 2023

It was a frenetic period from March 2020 when the Covid-19 pandemic hit, followed by a series of events from the Suez Canal blockage to Russia’s war on Ukraine, that scrambled supply chains and ratcheted up costs. In the world of procurement and supply chain, this is an important moment to pivot our approach.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Purchasing Skills Procurement Solutions 52

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

EC Sourcing Group

JUNE 7, 2022

Everyone in the procurement and purchasing fields knows that sourcing is generally a process of getting the best product from top suppliers with good terms and price. The right eSourcing software is a central part of eSourcing best practices. Knowing when to use advanced eSourcing tools is imperative.

Procurement Solutions 52

Procurement Solutions Optimization Software Supply Chain Software Optimal Sourcing 52

Resilinc

MARCH 26, 2024

Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Regression Models: Predict Purchase Order Delays What are regression models? Watch the video below to learn more about our Purchase Order Delivery Delay Prediction Engine.

Modeling 113

Modeling Supply Chain Risk Management Modeling Software Risk Management 113

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Logistics Viewpoints

JANUARY 9, 2023

Supply chain practitioners are beginning to understand the same is true for supply chain planning (SCP) and multi-enterprise supply chain network solutions. A multi-enterprise supply chain network provides visibility to upstream and downstream events that can affect a company’s supply chain. Visibility to Events.

Supply Chain Planning Software 247

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Network Software 247

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts. Lessons Learned. The reason?

Supply Chain Planning Software 278

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

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.

Supply Chain Design Software 195

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

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Claritum

FEBRUARY 24, 2020

Claritum Article - Procurement Blog. Typical steps associated with a project purchasing process. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. when should I use it? Introduction.

Manufacturing Procurement 41

Manufacturing Procurement Procurement Solutions Optimal Sourcing Purchasing Skills 41

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

SYSPRO Smarter ERP

OCTOBER 11, 2021

There is a belief that manufacturing is a mechanical process with not much thinking involved. While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. What is process manufacturing?

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

ThroughPut

JULY 24, 2022

The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Retail supply chain software that creates better demand signals.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

Logistics Viewpoints

NOVEMBER 28, 2022

OMP provides supply chain planning (SCP) solutions. And agility is about reacting quickly and hopefully effectively to the actual disruptive event. But the event might not be disruptive at all if you had planned for it. That variability might be in the areas of manufacturing, distribution, or transportation capacity.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

Supply Chain Shaman

SEPTEMBER 22, 2021

Executing an event in the middle of the Covid-19 pandemic is challenging. In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. The solution was too black box. ” My take?

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Jaggaer

JUNE 9, 2020

Procurement teams can lead the way in building a robust system into the future. This should serve as a wakeup call for procurement teams to take a look at the clauses in their contracts. Plus, these tools can integrate into supplier management systems to combine contract results with other risk assessment factors.

Sourcing Strategies 52

Sourcing Strategies Price Reduction Manufacturing Procurement Procurement Solutions 52

QAD

MAY 24, 2023

Global supply chains change enough to necessitate comprehensive visibility and shared views across entire manufacturing enterprises and other industries. Supply chain leaders need effective tools to share real-time information across networks of suppliers, customers, carriers, distributors, and government agencies.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimal Sourcing 52

Supply Chain Game Changer

NOVEMBER 7, 2019

The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). In fact, “only 3% of procurement leaders believe their staff possesses the skills required” (Deloitte 2018).

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

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. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Claritum

FEBRUARY 24, 2020

Project-based procurement occurs when there is a specific project activity and goal. The project could include volume purchases, small purchase volumes, standard items, specification of unique one-off items and tailoring of items based on individual projects. 2: Typical steps associated with a project purchasing process.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Optimal Sourcing Purchasing Skills 32

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. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

The event is held on an annual basis receiving 60,000+ visitors over 4 days. Over the last decade Yas Marina Circuit has implemented a number of initiatives to improve the sustainability of its venue and events. Recovering any type of recycling from events can be extremely challenging. Challenges.

Material Savings 246

Material Savings Waste Reduction Resource Reduction Manufacturing Procurement 246

ivalua

MARCH 17, 2021

52 billion for transit agencies, airports, and the aviation industry (including airlines and manufacturers). $50 Over $1 billion for business whose primary activity is live events such as theatres, museums, and performance venues. The Procurement Link. Other notable provisions include: $58 billion for employer pension plans. $52

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. Create memorable moments, from purchase to delivery.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution. I should have known better. I work in supply chain.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

QAD

JUNE 29, 2023

Because designing quality from the start requires a combination of the right employees using the proper tools and processes in a corporate environment that teaches, expects and fosters investment in the upfront design process. And don’t forget those senior operators, who likely know more about the process than everyone else.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

Precoro

APRIL 18, 2023

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. Shipping Rates Delivery cost makes up a significant part of a company’s procurement expenses, so visibility is essential for taming the spending.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management. Another area where RPA is coming to the fore is in communication.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

BlueYonder

OCTOBER 30, 2023

In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation. Essentially, automotive isn’t now just a manufacturing entity. keeping supply chain leaders and manufacturers up at night.

Automotive 90

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 90

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity. ” Anna, this blog post is for you. Over the last two years, I actively engaged technologists and business leaders to redefine demand planning.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

OptiProERP

SEPTEMBER 21, 2023

Inventory forecasting, or demand forecasting, estimates future inventory levels needed using past data, upcoming events, and market trends. Inventory forecasting ensures manufacturers have the proper inventory to meet customers’ needs while minimizing excess inventory costs.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52