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]. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. Pete Pearson Director of Food Waste, WWF.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

The Logistics & Supply Chain Management Society

MAY 28, 2022

While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. as an example, we see that 7% of the U.S.’ Ensure Your Materials Are Ethically Sourced. MORE FROM THIS EDITION.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Increasingly, forecasts are being improved by leveraging outside data sources rather than merely relying on a company’s internal historical shipment data. Instead of monthly forecasts, for example, a weekly forecast can improve agility.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. Here are three examples of how companies adopted a circular supply chain approach and saw significant results: RUSH University Medical Center saved more than $244,000 by reusing workplan furniture.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Silvon Software

APRIL 18, 2024

Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically. For example, recognizing that two different terms in separate datasets actually refer to the same concept (e.g., “DOB” DOB” and “Date of Birth”).

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 52

BlueYonder

APRIL 16, 2024

Traditional monitoring tools often struggle to keep up with the complexity of distributed systems, leading to a need for innovative solutions. Example: Consider a web application that experiences traffic variations throughout the day. Example: Consider an e-commerce platform experiencing a sudden surge in traffic during a flash sale.

Supply Chain Design Software 93

Supply Chain Design Software Supply Chain Planning Software Modeling Software Predictive Analytics Software 93

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Spanning 140 brands, 40,000 employees, 150 global markets, and 12.5 A prospect to raise a glass to.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. Table 1 details some examples of areas of application of generative AI for different supply chain participants. Only by doing so can we unlock the full benefits of this innovative technology.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

QAD

APRIL 13, 2023

For example, rather than hiring someone with the required skill set, many companies are investing in training and development programs to upskill their workforce, and ensure that their employees are equipped with the skills needed to succeed in their role. is likely to reach 2.1 million and cost the economy $1 trillion in 2030 alone.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Intelligent Audit

OCTOBER 4, 2022

From contractor controversies to rising fuel costs, logistics professionals across the transportation industry are turning to innovative solutions to persistent problems. The refinery also will be powered by the MidAmerican Energy electrical grid, which is made up of more than 88% renewable sources.

Innovation 52

Innovation Negotiating Skills Los Angeles Supply Chain Planning Software 52

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Supply Chain Game Changer

NOVEMBER 28, 2018

The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Resources spent/gains made on the road to innovation are, therefore, sustained exclusively by the internal entity.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. What is Direct Procurement? What is Indirect Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

JUNE 7, 2021

A forum was great for networking but not for driving process innovation. For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology. The industry is like a Ferris Wheel.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. We combine the latest technology with a team of expert analysts and a well-refined methodology that simplifies the process.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. For example, planning was still done using spreadsheets. Mexican sourcing also provides for tariff mitigation.

Supply Chain Design Software 193

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 193

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Assess and mitigate risk across the supply chain.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. Establishing processes to identify and capture savings by category.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

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. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. The example they gave me was to understand the yield for a burger with pickles at a QSR.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

Arena Solutions

APRIL 9, 2024

Enhancing Innovation and Compliance With ION’s Proactive Quality Measures With a focus on increasing the speed of innovation without sacrificing compliance, ION builds quality measures into every process. ION Analytics Dashboard Example ION’s dashboards provide out-of-the-box reporting and the ability to build custom data views.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

NC State SCRC

JANUARY 16, 2024

She added that the “DoD’s first-ever National Defense Industrial Strategy will help ensure we build the modern defense industrial and innovation ecosystem that’s required to defend America, our allies and partners, and our interests in the 21st century.”

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. The Importance of Ambition.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Supply Chain Shaman

DECEMBER 13, 2021

Laggards mosey down a path of vague terms and goals without questioning the need to reskill to drive process innovation. For example, conceiving a world of decision support using cloud-based, NoSQL ontological sensing is too big of a stretch. ” The unlearning process needs to be structured and focused on learning new ways of working.

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Price Mitigation Strategies 195

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. Let’s take the example of a supply chain team at a major retailer. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. Step 3: Collect your Data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

The Logistics & Supply Chain Management Society

MAY 28, 2022

This evaluation also needs to consider sourcing the technology, implementation and support services necessary to enable the desired outcomes. This becomes increasingly important when we look at the overall digitalization trend, with factory data expected to grow by 400% from 2021 to 2025 (source IDC Manufacturing Insights).

Supply Chain Software 130

Supply Chain Software Supply Chain Network Software Modeling Software Demand Planning Software 130

Silvon Software

AUGUST 8, 2022

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

SYSPRO Smarter ERP

APRIL 11, 2022

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. By fostering innovation and collaboration while also creating transparencies and breaking down silos among teams and departments, ERP solutions are an important digital stepping stone.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

Adexa

JULY 17, 2023

As an example, what follows was created by generative AI. By leveraging advanced analytics techniques, organizations can gain valuable insights into demand patterns, customer behavior, operational performance, and other key metrics. Processes that used to take days can now be done in minutes. This was done within seconds.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

BlueYonder

SEPTEMBER 19, 2023

Should we be excited or scared by the possibilities created by today’s rapid technological innovations? If advanced technology intimidates you, consider that the exponential pace of innovation we’re seeing today is not new. As supply chain professionals, we’re in an age of extreme innovation that’s thrilling, but not unprecedented.

Logistics Network Optimization Software 77

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Supply Chain Network Software 77

Supply Chain Movement

SEPTEMBER 30, 2022

AIMMS Network Design provides functionality that helps supply chain teams model carbon emissions and other non-financial metrics like water consumption and carbon equivalents. Here are some examples: 1. Likewise, you can assess whether the energy source for your locations can be more sustainable in the long term.

Network Design Software 78

Network Design Software Network Design Supply Chain Design Software Modeling 78