ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

ivalua

SEPTEMBER 8, 2022

Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Logistics Viewpoints

APRIL 22, 2024

Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. It learned how to solve problems from the people who solve those problems every hour of every day.

Georgia 226

Georgia Optimal Sourcing Modeling Modeling Software 226

OptiProERP

OCTOBER 26, 2022

Did you know: 90% of manufacturing leaders see a positive relationship between their performance and the sustainability transformation of their organization? 84% of consumers claim sustainability is a key consideration when making a purchase decision? 62% of global Co2 emissions come from manufacturing sectors?

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Optimal Sourcing Manufacturing 52

SCMDOJO

AUGUST 19, 2022

New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supply chain into more contemporary territory. While it brought all excitement and increased revenue, manufacturers have started to experience its significant side effect: a rise in supply chains complexity.

Supply Chain Software 116

Supply Chain Software Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 116

Unleashed

JUNE 15, 2021

Contract manufacturing is when a business outsources certain manufacturing requirements to another. It is often used by major companies requiring the mass production of goods that find it more financially viable to outsource the manufacturing. Who uses contract manufacturing? How does contract manufacturing work?

Manufacturing Procurement 80

Manufacturing Procurement Manufacturing Modeling Material Savings 80

RFgen

FEBRUARY 10, 2023

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. With recent advances, AI will accelerate to become outsized in manufacturing trends in 2023.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Ask yourself, "Has the Lean team plateaued?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Supply Chain Shaman

NOVEMBER 21, 2022

While optimization continues to be deeper and more valuable, organizations aren’t clear on desired outcomes and how to make functional trade-offs. The perspective of a manufacturing leader is quite different than that of a business leader in logistics. Self-driving supply chains are an example. “ Reflection.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 299

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Another example is testing. How quickly could we respond? Swimming Up Stream. What can we learn?

Supply Chain Planning Software 439

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 439

IQMS

SEPTEMBER 5, 2019

to $2T in supply-chain management and manufacturing. By 2021, 20% of leading manufacturers will rely on embedded intelligence, using AI, IoT, and blockchain applications to automate processes and increase execution times by up to 25% according to IDC. to $2 in supply-chain management and manufacturing. 7T value to manufacturers.

Manufacturing Procurement 77

Manufacturing Procurement Optimal Sourcing Predictive Analytics Software Manufacturing 77

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

SCMDOJO

DECEMBER 14, 2023

This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 77

QAD

APRIL 11, 2024

All hype aside, AI is really as simple as applying advanced analytics and logic-based algorithms to raw data to generate actionable insights, and it’s already widely used in manufacturing, finance, healthcare, retail and many other industries. Take forecasting consumer buying patterns for example. Is AI right for your business?

Predictive Analytics 71

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 71

Talking Logistics

MARCH 27, 2013

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. Back in December 2012, for example, Apple announced that it is investing $100 million to build some of its Mac products in the US. One is the thought process around best-cost sourcing versus least-cost sourcing.

Manufacturing Procurement 173

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Sourcing 173

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. The company had access to huge amounts of trade data, for example.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules. How Does Just-In-Time (JIT) Work?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. For example, Google Maps app is a public cloud application.

Vendor Strategies 226

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 226

QAD

NOVEMBER 10, 2022

The last 25 years has probably brought us greater innovation than we have seen in quite some time. And while yes, machines and mechanical inventions have been steady and life-changing, one of the greatest impacts that technology has had is on how we analyze, process and use information. The catalyst: Technology.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

GlobalTranz

JULY 24, 2015

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing. The Numbers Are In.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Manufacturing 120

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Arena Solutions

APRIL 16, 2024

PTC’s CEO, Neil Barua, said, “In parallel with our SBTi commitments, we’re broadening the ways in which we support manufacturers’ efforts to reduce the environmental footprint of their products.” PTC gives manufacturers the power to create sustainably conscious products and drive environmental sustainability.

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 90

Enterra Insights

JANUARY 18, 2024

Anders Billesø Beck , Vice President of innovation and strategy at Universal Robots, explains, “2023 was an exciting year for innovation. I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. As I noted earlier, this so-called singularity is the source of both anticipation and anxiety.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

DELMIA Quintiq

MAY 26, 2021

Through this blog, you will come to understand how digital technology will play a crucial role in accelerating this sustainable transformation, and how to get started. The technology enables and supports disruptive innovation and agile, customer-centric, circular business models in companies.

Sustainability 296

Sustainability Resource Reduction Waste Reduction Sourcing Strategies 296

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain? ".

Waste Reduction 274

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

Kinaxis

JANUARY 22, 2015

by Melissa Clow Our partner Celestica recently published the following article, ‘How to Turn Your Supply Chain into an Innovation Engine’. The author, Erwin Hermans, vice president of supply chain services, describes the areas to consider when turning your supply chain into an innovation engine: An Enabler for New Business Models.

Modeling 100

Modeling Supply Chain Design Software Innovation Supply Chain Optimization 100

Supply Chain Shaman

NOVEMBER 2, 2018

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. Manugistics is now owned by JDA.).

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 169

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

SCMDOJO

NOVEMBER 8, 2022

3) CIPS – Chartered Institute of Procurement and Supply | 16.3k CIPS (Chartered Institute of Procurement and Supply) is a global organisation designed to deliver a positive impact across the supply chain industry with world-class education and training. . Procurement Jobs in Future. Procurement Jobs in Future.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 121

Supply Chain Game Changer

JANUARY 27, 2022

With new building codes using light-frame construction, there are limits on how many trees are cut down before putting our environment at risk. It puts pressure on manufacturers to find alternative sources for materials that are readily available elsewhere. How To Mitigate The Lumber Supply Shortage? Final Thoughts.

Supply Chain Planning Software 92

Supply Chain Planning Software How To Price Reduction Expense Reduction 92

Supply Chain Shaman

NOVEMBER 7, 2017

Yesterday, I facilitated a group of business leaders attempting to drive innovation in supply chain practices. I have never seen a time where there is as much innovation and confusion in the supply chain market. The solutions evolving for innovators are emerging, but the architectures are still in flux. How to get started?

Supply Chain Planning Software 320

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 320

Logility

MARCH 2, 2021

For example, a Nielson poll found that 66% of adult consumers are willing to pay more for eco-friendly products and 50% of purchasing decisions are influenced by sustainability claims. For example, a packaging innovation that reduces the use of black plastic at the expense of an increase in the rate of deforestation.

Sustainability 243

Sustainability Material Savings Supply Chain Software Manufacturing Procurement 243

Logistics Viewpoints

MARCH 8, 2021

Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Belcorp Corporation, headquartered in Peru, manufactures cosmetics and personal care products for women in 14 nations across South and Central America.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. So, what else has to happen?

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 40