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SupplyChain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. In supplychain services, the services company plans and executes on behalf of their clients. Orchestration is based on their GEP NEXXE application.
Over the past few years, supplychain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? Price Volatility.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue.
Alex Zhong, Director Product Marketing at GEP. GEP and the North Carolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
Continual technological changes necessitate adjustments to manufacturing and supplychain processes, leading to a heavy volume of contracts that outpaces most industries. The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly.
ARC has done research and writing on supplychain collaboration networks. A supplychain collaboration network (SCCN) is a key technology for improved collaboration across an extended supplychain. SCCN solutions provide supplychain visibility and analytics across an extended supplychain.
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.
Most of the activity that occurs behind the scenes at all stages of the supplychain involves human activity, processing transactions on screens and Excel sheets. Artificial Intelligence includes very specific technologies: Natural Language Processing, Machine Learning, Generative AI, but also Expert Systems, and Bots.
Catalog Management Software enriches product data by facilitating the editing and modifying product information which is useful for merchants and customers as it helps in managing product data in a single system and offers a rich experience to the customers. Sigma Systems, Coupa Software Inc., Coupa Software. CA Technologies.
That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global SupplyChain Volatility Index.” The drone was still hovering above as officers calmly drove up after the bikes were hidden to make arrests safely.
In 2025, we will likely see many supplychain organizations creating multi-purpose COEs that carry out several different processes. We now have about 75 people, including two category managers that lead IT sourcing and contingent workforce management. This will be a big step change and will occur quickly in the next few years.
The Ferrari Consulting and Research Group, through its affiliated SupplyChain Matters blog shares excerpts of select individual predictions that will be included in our annual 2025 Predictions for Industry and Global SupplyChains Research Advisory publishing later this month. or other global companies. billion in funds.
The SupplyChain Matters blog highlights this weeks published index data that reinforces that North America based manufacturers have initiated unseasonal forward loading on inventories. Background In a prior SupplyChain Matters posting in late November, we highlighted U.S. from (-0.20).
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