ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

GlobalTranz

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7. Download eBook.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

Logility

SEPTEMBER 28, 2022

Respond quickly, maximize benefits, and identify supply chain opportunities and threats. Supply chain disruptions. Smart organizations have embraced supply chain management platforms that provide complete transparency. The Human Component of Digital Supply Chains. Will this sort of supply chain ever become a reality?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130

NC State SCRC

FEBRUARY 13, 2023

I am working on a new book focused on the sales and procurement relationship in supply chains with my friend Howard Richman, who has a wealth of experience working for companies like Merck, Citrix, and others. I am publishing a snippet from one of our chapters – to give you a taste for what’s in store!

Optimal Sourcing 83

Optimal Sourcing Procurement Price Reduction Cost Reduction Strategies 83

Supply Chain Shaman

FEBRUARY 28, 2021

After a dramatic drop at the beginning of the pandemic, Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. The majority of the transactions are in Enterprise Resource Planning (91) versus supply chain planning (31). Lack Of Grounding.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 219

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. They call this their “n-tier” supply chain.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Logistics Viewpoints

SEPTEMBER 28, 2021

For more than a year, global supply chains have been buffeted by one major disruption after another. Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. The impact?

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

HICX Solutions

NOVEMBER 28, 2022

Costas Xyloyiannis, CEO of HICX, discusses how organisations can achieve sustainable procurement with strong supplier partnerships. Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

ThroughPut

MAY 2, 2024

Thanks to the increasing competition in today’s global markets, growing customer expectations, and the rising demand for products with shorter life cycles, most businesses have been forced to sharply focus their attention on accurate demand sensing – and planning for it – to stay profitable and sustainable.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

BlueYonder

JANUARY 3, 2023

After almost three exhausting years of back-to-back supply chain disruptions, it would be nice to think that someday we’ll return to a “normal” state where demand patterns were easily predictable, supply conditions were consistent and consumer expectations were stable. And that certainly applies to supply chains.

Supply Chain Planning Software 94

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 94

ivalua

NOVEMBER 14, 2019

Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy. To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end. That’s significant.

Optimal Sourcing 113

Optimal Sourcing Optimization Software Modeling Optimization Modeling 113

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Today’s complex, global supply chains remain extremely vulnerable.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

HICX Solutions

NOVEMBER 28, 2021

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses. By Costas Xyloyiannis, CEO of HICX.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Brad Wheeler , one of the company’s “starting lineup,” has been with Emerge since its inception in 2017. Brad’s higher education includes a B.S. About Brad Wheeler. About Emerge.

Supply Chain Network Software 210

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 210

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Buying forward may distort demand and induce a “bullwhip effect.”. This practice is illegal. Postponement.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

HICX Solutions

JANUARY 2, 2022

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses. So, what can procurement teams do to ensure their organizations are getting the most out of ESG? Read full article.

Sustainability 52

Sustainability Procurement Germany Exercises 52

Enterra Insights

MAY 27, 2021

.” For many organizations, risk management and resilience starts with the supply chain. Omer Abdullah, cofounder and managing director of The Smart Cube, argues supply chain risk management processes must be both proactive and reactive. ”[3] They identify four different levels of supply risk: Level 1: Value Chain Risk.

Supply Chain Planning Software 130

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

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

ivalua

AUGUST 26, 2021

The study, conducted by Coleman Parkes Research, surveyed 300 suppliers across the UK, France, Germany and Switzerland to explore labour standards throughout the supply chain. Combatting poor labour practices must not be treated as a “box-checking exercise”. To make this a reality, procurement must get smarter.

Optimal Sourcing 100

Optimal Sourcing Procurement Supply Chain Planning Software France 100

Proxima

MAY 19, 2020

This presents challenges for procurement leaders. Just as the world is having to change, Procurement will need to change too. And it’s going to be hard. Remote working is the new normal for procurement teams. Decisions are made without the consultation of Procurement. There are two aspects to this.

Procurement 105

Procurement Cost Reduction Strategies North America Modeling Software 105

Supply Chain Shaman

OCTOBER 6, 2013

One of the favorite parts of my job is teaching classes on how to take supply chain concepts to the next level to improve corporate performance. I love helping people to see supply chain concepts differently. The vision is aspirational and takes the concepts of being demand driven to a next level.

Supply Chain Network Software 223

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 223

Enterra Insights

AUGUST 11, 2022

.”[1] Unlike many events that disrupt supply chains, hurricanes can be anticipated and plans can be put in place to mitigate their effects. This year’s hurricane season couldn’t come at a worse time. The short-term effects of supply chain disruption have severely impacted all manner of businesses worldwide.”[2]

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Supply Chain Planning 130

Enterra Insights

DECEMBER 4, 2018

Supply chain risk management (SCRM) is often discussed in terms of prevention, mitigation, and recovery. ” Supply chain risk managers undoubtedly agree with that sentiment. Consistency in the supply chain is crucial to a company’s overall performance.”[1] Global supply chains make resilience more challenging.

Optimal Sourcing 133

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Planning 133

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

Supply Chain Matters

AUGUST 15, 2022

Supply Chain Matters updates readers on yet another turnabout in supply chain and customer service direction for a once high flyer in premium interactive fitness equipment and services. In our last Supply Chain Matters update related to Peloton in mid-July , we highlighted the announced reversal of a U.S. Reader Takeaways.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Elementum

JULY 7, 2022

Business project management software is often overlooked in supply chain management in favor of SCM functions, but is there an advantage in combining the two? The best project management software for supply chain professionals is often a solution that integrates with SCM, ensuring the systems benefit each other.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Forecasting Software Demand Planning Software 78

SCMDOJO

MARCH 25, 2024

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising.

Negotiating Skills 86

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 86

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Game Changer

JUNE 23, 2020

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! From shortages of toilet paper to personal protective equipment (PPE) to lockdowns of businesses and channels of every form, Supply Chain has been at the epicentre of this disruption and it has consumed all Supply Chain time.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 101

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 62

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 62

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. Subscribe Here! Email Address. Personality Matters. What’s The Remedy?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

HICX Solutions

JANUARY 22, 2019

The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. Supply chain risk management. Supplier and supply-chain risk management has risen up the agenda as business has become faster, more complex and global. Driving innovation.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52