HICX Solutions

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. This has been acutely highlighted since the turn of the decade due to global events. The Global Supply Chain Landscape: What is the current situation?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 84

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 84

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. What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. We pledge to adopt better ways of doing business with the aim of becoming an industry standard.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

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 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. View our Trends Category to stay up to speed. . Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. As a metric, it’s the time you budget to manufacture each part or component. This metric represents the amount of time you lose when switching a production line from one product to another.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

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

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

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.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

Silvon Software

APRIL 11, 2024

Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion. It offers insights into customer behaviors, employee performance, industry trends, operational efficiency, and even predictive glimpses into the future. However, data alone lacks intrinsic value.

Predictive Analytics 104

Predictive Analytics Analytics Software Analytics Sourcing Strategies 104

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

DECEMBER 13, 2021

I notice a trend of investment in digital for the sake of digital and then asking for help. How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment?

Cost Reduction Strategies 377

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Supply Chain Design Software 377

Supply Chain Game Changer

AUGUST 13, 2020

Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Globalization has dominated as a widely practiced business strategy during the past 15–20 years. Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. A copy of the survey results are downloadable here (PDF, free, opt-in).

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

Supply Chain Matters

MAY 23, 2022

The Supply Chain Matters blog continues to highlight for readers specific global and regional supply chain indices that depict both trending production activity levels, as well as supply chain volatility. Newly published indices reflecting global supply chain volatility and U.S. Global Supply Chain Pressure Index.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Matters

FEBRUARY 5, 2024

Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Overall, global activity reportedly showed signs of increased production output and corresponding activity levels, but the gains were mostly in developing and lower-cost regions. increased 1.3

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Logistics Viewpoints

JUNE 29, 2023

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. Supply Chains Under Disruption: A Financial Toll Recent years have witnessed several disruptions that have shaken global supply chains, causing major financial setbacks for companies.

Manufacturing Procurement 186

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 186

GlobalTranz

OCTOBER 6, 2021

Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. . Download the White Paper: Over the Road Freight Management Trends. Download the White Paper: Over-the-Road (OTR) Freight Management Trends. Learn More.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Material Handling & Logistics

OCTOBER 30, 2018

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

SCMDOJO

APRIL 29, 2024

Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation. Effective supply chain management is crucial for businesses to gain a competitive edge in today’s global marketplace.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 85

Supply Chain Shaman

JULY 12, 2022

In Table 1, we share the overall industry trend. Industry Trend by Year. The focus needs to move from functional metrics to balanced scorecard outcomes. Functional metrics insulate organizations and throw the supply chain out of balance. For example, a “buy plan” for procurement. in 2021 was a rough ride.

Supply and Demand 221

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 221

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. Nari Viswanathan is currently Sr.

Supply Chain Design Software 232

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 232

Logistics Viewpoints

APRIL 11, 2024

Supply chain orchestration enables seamless collaboration All this tinkering undoubtedly involves effort from across the supply chain, from sales to procurement to manufacturing to distribution and more. Historically these roles are siloed, focused on their own functional metrics. Has that changed?

Pharmaceutical 232

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 232

Unleashed

MARCH 14, 2021

In this article, we’ll explore the ins and outs of the food supply chain, some key challenges and trends for New Zealand, Australia, UK and the US, and how the secret to successful food supply chains lies in food manufacturing software. Global standards would allow growers and their buyers to use compatible software solutions.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. As background, Peter Gibbons is the Executive Vice President, Global Supply Chain for Mattel, Inc. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014.

Procurement Analytics 261

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 261

SCMDOJO

APRIL 11, 2023

With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. It also discusses emerging and futuristic trends in supply chain.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

The Logistics of Logistics

NOVEMBER 5, 2021

In light of the global environment in the past year and a half, we listed the top transportation & logistics influencers. He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. Harry Campbell. Cassandra Gaines.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

GlobalTranz

SEPTEMBER 23, 2021

Download the White Paper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that continued growth and success.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Proxima

MAY 15, 2020

Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. The nagging doubt was that “sustainability sells” and that many were seeing it as a trend to capitalize on rather than a movement to commit to wholly.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Sustainability 94

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. It’s also a trend that has reached the world of inventory management. Read more: The 10 Procurement Metrics that Matter in 2021. 10 inventory management for 2022: 1. Cloud technology accelerates. Cloud technology accelerates.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80