Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

GlobalTranz

JANUARY 22, 2018

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. However, the risk is well worth it.

Manufacturing Procurement 199

Manufacturing Procurement Analytics Software Demand Planning Software Supply Chain Software 199

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. This looks at all stages of the manufacturing process from raw materials to work-in-progress to final result.

Manufacturing Procurement 87

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 87

Logistics Viewpoints

OCTOBER 18, 2023

Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. The overall volatility was punctuated by shortages that were themselves brought about by the global COVID-19 pandemic. The third trend is that global trade growth appears to be gradually slowing.

Manufacturing Procurement 267

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SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

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Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. 4 Due to their low cost and simple design, cobots are also becoming widely used in supply chain management.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Supply Chain Matters

MAY 3, 2024

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported April 2024 global PMI activity levels. Decline in Global Manufacturing Output Levels Global-wide manufacturing levels as depicted in the J.P. reported for March.

Manufacturing Procurement 52

Manufacturing Procurement Global Purchasing Skills Supply Chain Strategy 52

Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. In the review of my first book, Bricks Matter , Keith Harrison, former Global Director of Product Supply at P&G asked me, “You mention the need for supply chains to shift from a focus on cost to value.

Supply Chain Design Software 437

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Supply Chain Matters

AUGUST 8, 2022

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions. reported for May.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 96

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Supply Chain Shaman

SEPTEMBER 22, 2021

Recently, I hosted the Supply Chain Insights Global Summit. 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. Top Challenges in the Adoption of New Forms of Analytics.

Optimal Sourcing 221

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Supply Chain Shaman

JULY 25, 2021

Reversing The Trend. How do we reverse the trend? While the input from sales on market trends is invaluable, sales should never be asked to forecast. As supply chains moved from regional to global, intransit and cycle inventories increased. The Focus Inside-out Supported by Functional Metrics. The reason?

Procurement Analytics 370

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Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Supply Chain Matters

JANUARY 6, 2023

Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P. has fallen 5.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Taiwan 52

Supply Chain Matters

SEPTEMBER 3, 2022

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Enterra Insights

MARCH 1, 2022

”[3] Below are some of the trends affecting the food and beverage landscape. Food and Beverage Trends. The IFIC staff predicts, “Unsurprisingly, the pandemic lockdowns for many Americans marked a period of food indulgence and dietary backsliding. In 2020, 57% of American households purchased plant-based foods.”

Beverage 173

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Supply Chain Matters

JANUARY 8, 2024

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Logistics Viewpoints

DECEMBER 15, 2022

There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most.

Optimal Sourcing 194

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 194

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

Prescriptive Analytics Software 52

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Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. million over the next two years to digitize more of the procurement function.”.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Matters

SEPTEMBER 6, 2023

Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. reported for June.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. but represented 0.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Enterra Insights

MARCH 30, 2022

Members of the DotActiv team observe, “The global COVID-19 pandemic has had a significant impact on consumers, their behavior and ultimately their shopping habits. Grocery stores were open and shelves were well-stocked. As a result of the pandemic, however, both consumer behavior and store offerings were significantly changed.

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

GlobalTranz

FEBRUARY 13, 2017

Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Globalization Will Become More Important in Everyday Decisions. New markets are emerging in the global economy daily.

Resource Reduction 205

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Supply Chain Matters

OCTOBER 6, 2023

Supply Chain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supply chain PMI indices. With the closing of the third quarter, the numbers once again signal added contraction in global manufacturing output as product demand levels weaken. reflecting a 0.4

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

GlobalTranz

FEBRUARY 6, 2017

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

Supply Chain Planning Software 120

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Logility

JANUARY 4, 2022

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. Logility customers can leverage Planalytics weather-driven demand analytics to factor in the weather’s influence on top line revenue and product/category sales across specific time periods and locations. ATLANTA – Jan.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

QAD

JULY 5, 2023

With the ever-increasing influence of technology on consumer behavior, it has become imperative for fashion manufacturers to embrace digital transformation and align their strategies with the evolving needs and expectations of their customers. This personalized approach enhances customer satisfaction and fosters loyalty.

Manufacturing Procurement 95

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Supply Chain Matters

AUGUST 3, 2023

Supply Chain Matters provides highlights and perspectives on reported July 2023 global and regional production and supply chain PMI indices. The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. The July reported value of 48.7

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

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. But how do you get started? Do not worry!

Purchasing Training 79

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Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. This monthly newsletter observes one or two important macro trends through the lens of Supply Chain Management. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. If there are topics you’d like us to cover, email info@elementum.com.

Procurement Analytics 78

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GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120