Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Over four-hundred days of war in Ukraine. Unrest in Sudan. Shift in cycles.

Supply Chain Planning Software 362

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 362

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 349

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 349

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 267

Logistics Viewpoints

APRIL 8, 2024

The procurement department defines their appetite for risk and only suppliers that exceed a risk threshold score are displayed as companies they should not do business with. This means that the solution understands all the different kinds of parts needed to manufacture a product. There is a typical process flow for this solution.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”. “By

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

QAD

MAY 23, 2023

Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Optimal Sourcing 130

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

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Cost Reduction Strategies 130

Cost Reduction Strategies Sustainability Optimal Sourcing Sourcing Strategies 130

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

As a matter of fact, the smog generated from refineries to extract polymers from crude oil to manufacture plastic is already posing a major health and environment risk to us! It is believed that it is only a matter of time before legislation is implemented to ban the manufacture and use of plastic pallets.

Material Savings 246

Material Savings Waste Reduction Cost Reduction Strategies Manufacturing Procurement 246

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Manufacturing process complexity, including sourcing of complex parts and part relationships. If nothing else, the last few years highlighted the importance of sourcing strategically.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Supply Chain Software Predictive Analytics Software Forecasting Software 194

SYSPRO Smarter ERP

OCTOBER 9, 2023

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. Manufacturers are also increasing automation on the shop floor, partly due to a shortage of skilled labor.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. Meanwhile, Governments (large & small) have seen the opportunity digital technology offers in the automation and policing of tax collection. or Accounting systems (e.g. or Accounting systems (e.g.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

Supply Chain Shaman

OCTOBER 19, 2022

The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. Instead, I believe it is the alignment of planning processes to operate at the speed of business, recognizing the cadence and defining the governance of each planning horizon.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

ivalua

MARCH 17, 2021

Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. Solicitation, award and distribution of grant funding requires significant effort from government administrators and experts in the areas of grants compliance. Reason No.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 97

AIMMS

OCTOBER 17, 2023

Overlooking sustainability can present substantial revenue risks, while embracing ESG (Environmental, Social, and Governance) principles can unlock a $2.1 Regulatory Compliance: Governments worldwide are implementing stricter environmental regulations, making compliance not just an ethical obligation but a legal one.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Supply Chain Shaman

JANUARY 31, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Manufacturing equipment lead times were 19 months. Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Resilinc

APRIL 8, 2024

Taiwan is the global leader in semiconductor manufacturing, producing over 60% of the world’s semiconductors and over 90% of the most advanced chips. The majority of advanced chips are made by the Taiwan Semiconductor Manufacturing Company (TSMC), which makes chips for Apple and Nvidia.

Taiwan 97

Taiwan Supply Chain Software Manufacturing Procurement Supply Chain 97

ivalua

DECEMBER 21, 2021

Together with its strategic partner Optis Consulting, Ivalua’s solution has digitally enabled FCL’s policies and processes for core procurement activities, including sourcing and contract management. Together FCL and those local co-operatives form the Co-operative Retailing System (CRS). About TealBook.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

Supply Chain Shaman

FEBRUARY 7, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Manufacturing equipment lead times were 19 months. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SYSPRO Smarter ERP

JANUARY 29, 2024

Technology is becoming a major focus for Asian manufacturers. Many governments are incentivising companies to invest in new manufacturing technologies, and the manufacturing sector in Asia has undergone significant change in recent years. Significant trends are emerging that manufacturers should be watching.

Manufacturing Procurement 52

Manufacturing Procurement Trends Manufacturing Inventory Management Software 52

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. During the project, she was able to rationalize the supply base, boost procurement efficiencies and drive positive financial results. Gain Efficiencies with Automation.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

Logility

APRIL 29, 2021

Lack of supplier insight can result in your organization violating government regulations; working with providers who don’t share your company values; or getting caught up in trade embargoes, sanctions, and labor and social justice issues. For example, governments may enact new laws that affect worker rights.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

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? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

BlueYonder

FEBRUARY 14, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. So overall, the competitiveness among the industrial manufacturers around the world has grown several bounds.

Manufacturing Procurement 129

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 129

Logistics Viewpoints

JULY 13, 2022

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. These include: The Procurement bidding process and business awards. Supplier legitimacy.

Supply Chain Software 213

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 213

AFFLINK

AUGUST 12, 2022

A recent study by McKinsey revealed that two-thirds of an average company’s environmental, social, and governance (ESG) footprint lies with suppliers. For procurement leaders, this finding indicates marked potential for making an environmental impact. What Forces Are Driving The Demand For Sustainability In Manufacturing?

Manufacturing Procurement 62

Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Organizational alignment in manufacturing organizations is worse between operations and finance teams today than in 2013. I give you this evidence in this blog.). Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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

QAD

JUNE 2, 2022

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. How are you preparing for future procurement and supply chain sustainability regulatory requirements?

Manufacturing Procurement 95

Manufacturing Procurement Purchasing Skills Sustainability Cost Reduction Strategies 95

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.

Manufacturing Procurement 84

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 84

HICX Solutions

AUGUST 23, 2023

What’s clear from Deloitte’s Global Chief Procurement Officer Survey 2023 is that environmental and social governance (ESG) is now firmly on the corporate agenda. Where we really should turn the spotlight is towards the experience suppliers receive as they serve big manufacturing brands. The answer is yes, but only reactively.

Manufacturing Procurement 52

Manufacturing Procurement Data Supply Chain Survey 52

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. These core assumptions are no longer true. This reset is not an evolution.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251