ivalua

JUNE 26, 2023

Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Consumers are demanding more transparency and accountability from businesses when it comes to environmental, social, and governance (ESG) issues. The answer is simple – automation.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Supply Chain Shaman

FEBRUARY 7, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Govern by implementing stage-gate processes (analogous to those in the management of product innovation.)

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

DELMIA Quintiq

OCTOBER 7, 2020

Or, the importance of digitalized manufacturing and how digitalization has enabled companies to pivot faster to new and more innovative products, processes or never-produced products needed to save lives in the pandemic. . Identify metrics, analytics and projects to drive business improvements.

Supply Chain Design Software 358

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 358

ToolsGroup

JUNE 6, 2023

ToolsGroup provides the solution we need to make faster, more accurate decisions that deliver the best consumer experience, while achieving our business metrics and strengthening relationships network-wide. “We want every node of our supply chain – from upstream suppliers to downstream franchisers – to be just as customer-focused.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

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

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

In October 2020, DB Schenker hosted a high-profile delegation comprising key government agencies amongst whom, Ministry of Trade and Industry, Ministry of Manpower, Economic Development Board and Workforce Singapore at the Red Lion facility – Schenker Singapore’s premier integrated freight and logistics facility. supply chain.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. Next, the enterprise can set targets.

Cost Reduction Strategies 211

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 211

Material Handling & Logistics

DECEMBER 2, 2018

In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

Enterra Insights

JULY 18, 2023

Such predictions concern governments, populations, and industries. Prioritize financial innovation to promote market-based mechanisms for NbS. Identify locally led innovations. Generate guidance to improve NbS impact metrics for water security to demonstrate the multiple values of water. ‘It’s a personal thing.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

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. Pierre-Francois Thaler, co-founder and co-CEO, explains the company’s business model and why it’s important to get rated.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. Photo Credit: L’Oréal.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

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

o9 Solutions

JANUARY 20, 2022

Product and service innovation. Competing economic priorities, shifting geopolitical dynamics, slow development of government regulations & incentives, and the lack of common and consistent international measurement and reporting standards impede meaningful action. Increased revenues. Improved employee retention.

Supply Chain Design Software 52

Supply Chain Design Software Sustainability Supply Chain Planning Software Analytics Software 52

Elementum

DECEMBER 14, 2023

Automating Business Processes: Streamlining Efficiency and Profitability In today’s fast-paced business world, efficiency and innovation are key to staying ahead of the competition. Remember to review and adjust your automation strategy based on these metrics and evolve your processes to maximize efficiency and effectiveness.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 257

Case Study Inventory Reduction Agile and Lean Supply Chain Study 257

Savi

SEPTEMBER 11, 2019

Traditional metrics for managing working capital such as Days Sales Outstanding (DSO), Days Inventory On-hand (DIO) and Days Payables Outstanding (DPO) all provide insight but are backward-looking. Innovative supply chain management technology will spur the next leap forward.

Supply Chain Software 45

Supply Chain Software Optimization Software Analytics Software Predictive Analytics Software 45

Supply Chain Shaman

FEBRUARY 14, 2022

Organizations can align to drive value despite the allegiance to functional metrics. I am shocked to see how the lack of governance–clarity on who and how to make decisions–derails well-intended processes. Without clear governance, customer data never sees the light of day. I give you this evidence in this blog.).

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Game Changer

JULY 14, 2021

This, they say, includes value delivery through supplier- enabled innovation (SEI); sustainability through environmental, social and governance (ESG) goals; as well as agility through digitalisation — all of which will enable the business to deliver on its growth agenda” (Procurement Leaders 2021). Shoot for the Moon.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

Precoro

DECEMBER 11, 2023

Company priorities extend far beyond just the purchasing price, so strategic sourcing also considers the following factors: Delivery price Delivery speed Quality and durability Servicing requirements Regulatory compliance Innovation These factors should be weighed against each other, as well as against the purchasing price.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

NC State SCRC

DECEMBER 17, 2017

Data for two of the categories used in the ranking – Innovation and Social Responsibility – are based on processes developed by Handfield and Huang. In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management. Jacobs et al.,

North Carolina 40

North Carolina Innovation Supply Chain Software Optimal Sourcing 40

ThroughPut

APRIL 30, 2024

It helps address disruptions and promotes innovation. Step 3 – The Metric Selection phase This phase involves identifying key metrics that will help track the actual impact of AI. Step 2 – Data Checking phase This phase involves focusing on data quality. Read it all here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . Drive collaboration and leverage suppliers to drive innovation. Define a governance structure for the project to effectively address issues. Ensure compliance with business and regulatory requirements.

Optimal Sourcing 130

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

Supply Chain Shaman

AUGUST 2, 2017

A frequent mistake is letting each business build their own systems without governance. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Businesses are different. Reporting Structure.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

OptiProERP

NOVEMBER 14, 2023

Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations. Many governments and regulatory bodies offer incentives and subsidies to encourage sustainable practices, such as tax credits and grants.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Supply Chain Shaman

NOVEMBER 16, 2017

Yesterday, I spoke at the University of Tennessee Supply Chain Leaders Forum on innovation. The current efforts are improving functional metrics and traditional processes. As a result, there is very little time to focus on innovation. The singular focus on IT standardization and ERP migration hijacked supply chain innovation.

Supply Chain Design Software 130

Supply Chain Design Software Case Study Supply Chain Network Software Supply Chain Design 130

Logistics Viewpoints

OCTOBER 7, 2022

Walmart to buy Alert Innovation. 4), convening suppliers, non-government organization partners and others to discuss successes and ongoing challenges with the retailer’s goal to become a fully regenerative company by 2040. Walmart has entered a definitive agreement to purchase micro-fulfillment center (MFC) developer Alert Innovation.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. . Direct vs Indirect Procurement.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Supply Chain Shaman

AUGUST 2, 2017

A frequent mistake is letting each business build their own systems without governance. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. The definition is different by company. Reporting Structure.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

BlueYonder

SEPTEMBER 13, 2021

As Blue Yonder transitions to a new governance structure, we leave a stakeholder behind: our investor-partners Blackstone and New Mountain Capital. Action Bias : Innovation above all else became the norm. We made it about four meta metrics: SaaS ARR, customer success, associate engagement, and innovation. Let me be clear.

Supply Chain Planning Software 52

Supply Chain Planning Software Company Arizona Dallas 52

EcoVadis

NOVEMBER 14, 2010

Since the failure of the Copenhagen conference, to agree on a real regulation of carbon emissions last December, it is becoming increasingly clear that governments are struggling to reach agreements on Sustainability issues. In July, the US “Climate bill” came to an inglorious end , when it was rejected by Senate.

Government 40

Government Sustainability Optimal Sourcing Procurement 40

SYSPRO Smarter ERP

MARCH 2, 2022

Again, it is not just focusing on cost, instead it should also include areas such as innovation, and adoption of technology. The set of metrics used to manage and guide the procurement function should reflect its new responsibilities. The supplier relationship can also be improved with technology.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

GlobalTranz

FEBRUARY 9, 2017

Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. Big Data Accessibility Will Drive Innovation and Change.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Trends Logistics Network Optimization Software 120

NC State SCRC

FEBRUARY 12, 2017

An important governance mechanism that drives analytical process is the Supply Chain Director’s Council, whose mandate is to focus on the availability and ability of the supply chain to deliver parts and core finished goods to customers.

Analytics Software 40

Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Design Software 40

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. Consumers, Governments, and Business leaders will be careful about where they spend their money, and they will be looking for Financial and emotional return on investment.

Supply Chain Design Software 94

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

SupplyShift

JUNE 17, 2021

Given that suppliers account for the majority of risk in areas such as GHG emissions, human rights abuses, and gaps in corporate governance, it is critical that companies explicitly target ESG goals in their supply chain. Often, these sustainability goals center on a company’s internal operations.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

Given that suppliers account for the majority of risk in areas such as GHG emissions, human rights abuses, and gaps in corporate governance, it is critical that companies explicitly target ESG goals in their supply chain. Often, these sustainability goals center on a company’s internal operations. Source: sasb.org. Source: sasb.org.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

Supply Chain Movement

JUNE 29, 2015

The first UK conference to present an holistic view of sustainable procurement and the role of the supply chain in more responsible business and government. The Latest Innovations & Best Practice in Action. The Latest Thinking on Metrics, Reporting & Compliance. URL: www.spssummit.com .

Procurement Analytics 60

Procurement Analytics Sustainability Conference Supply Chain Strategy 60