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

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

JANUARY 31, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Manufacturing equipment lead times were 19 months. Focus on Cost. A Decline in Innovation. Less Collaborative. What to do?

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

DECEMBER 28, 2020

The first story is about a large regional food manufacturer. The second story is about a regional beverage manufacturer. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. This was the case for the client stories that I will share in this blog. The answer?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Supply Chain Shaman

FEBRUARY 7, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Manufacturing equipment lead times were 19 months. Focus on Cost. A Decline in Innovation. Less Collaborative. What to do?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

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. Organizations can align to drive value despite the allegiance to functional metrics. Without clear governance, customer data never sees the light of day. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

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

Logility

AUGUST 15, 2023

The fashion house of iconic brands like Tommy Hilfiger and Calvin Klein transparently manages and navigates the full spectrum of its supply chain – from cotton farms and fabric mills to yarn spinners and final product manufacturers. Compliance spans various dimensions such as environmental sustainability, quality, and security.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Logistics Viewpoints

JULY 22, 2021

As shown in the map, the company has 4 distribution centers wherein each location is shipping to several places across the US (for the sake of simplicity we are not showing the manufacturing and sourcing locations here). CSCO and CPO, both can benefit from a closer collaboration. S&OP can serve as a vehicle towards that.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. Some want to know: Are the benefits really worth the trouble? Is the juice worth the squeeze?

Waste Reduction 86

Waste Reduction Material Savings Resource Reduction Price Reduction 86

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

Supply Chain Shaman

JUNE 5, 2013

Manufacturing is designed and planned in isolation. Integration of corporate social responsibility metrics in planning. Integration with manufacturing systems to understand actual run times and Operating Efficiency (OEE). Local/Global Governance. Clear governance of global planning and local decisions.

Supply Chain Planning Software 220

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 220

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Elementum

FEBRUARY 7, 2024

Especially transformative in manufacturing for predictive maintenance and in supply chain for efficiency, IoT’s real-time data feed enables proactive operational adjustments. Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Enterra Insights

JULY 18, 2023

Such predictions concern governments, populations, and industries. Transition to adaptive policies that enable NbS across infrastructure engineering, procurement, and construction. Generate guidance to improve NbS impact metrics for water security to demonstrate the multiple values of water. Identify locally led innovations.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Supply Chain Shaman

JUNE 3, 2013

It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. The high-flying company had no clarity of purpose or clear governance, but the funds kept coming. Clear governance. The stories border on the ridiculous.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 255

Supply Chain Shaman

MAY 7, 2015

Companies that have cross-functional alignment and clear governance models can make progress faster. The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Agile and Lean Supply Chain 150

NC State SCRC

FEBRUARY 12, 2017

There are systems directors in both the procurement and logistics/planning teams. 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

Silvon Software

FEBRUARY 23, 2023

Government, healthcare, and pharmaceuticals will likely maintain a focus on strengthening their pandemic risk assessments. As powerful tools to support these initiatives, both Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) are metrics that can be used to monitor business performance and track potential risks.

Procurement Analytics 66

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 66

Talking Logistics

MAY 8, 2013

Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World , a nonprofit group that is “building a coalition of consumers, businesses, and governments to disrupt the system of slavery.” Check out the short video below for an overview.

Supply Chain Planning Software 239

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 239

Unleashed

OCTOBER 6, 2021

Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor. Another technique you can use is to audit existing relationships with suppliers to ensure transactions are running as smoothly as possible – a method used by business and government organisations alike.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Seeking advice and help from strategic digital supply chain experts, businesses can better understand which data metrics and KPIs best reflect their objectives to transform and consolidate their processes, adopt centralised governance, and achieve best practice operational models. BE READY FOR THE NEW NORMAL.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. The purpose, as stated on the NY Fed’s website, is to integrate “… transportation cost data and manufacturing indicators to provide a gauge of global supply chain condition.”.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. Many manufacturers are data-rich but when it comes to using it they are insight-poor. The challenge is that data is not seen as a key asset that requires quality control and governance. Challenges to using data.

Analytics Software 111

Analytics Software Manufacturing Procurement Inventory Management Software Predictive Analytics Software 111

SCMDOJO

AUGUST 16, 2023

Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess. Walmart’s emphasis on direct procurement is further bolstered by the use of technology and information systems.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 74

Supply Chain Matters

DECEMBER 20, 2022

Frustration levels remained high throughout 2022, and especially with the recent indications from Apple and its prime contract manufacturer Foxconn that enough was enough to warrant a shifting toward a more resilient and broader based supply network strategy. based Institute of Health Metrics and Evaluation (IHME).

Policies 52

Policies Predictive Analytics Software Sourcing Strategies Manufacturing Procurement 52

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

Supply Chain Game Changer

NOVEMBER 20, 2018

Check out What is Virtual Procurement and Why Should You Care? He knew what his cost point had to be on the product which meant that he had to have the product manufactured overseas. Large companies can afford to have Strategic Sourcing Procurement staff around the world. Governance/Communication. Subscribe Here!

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Sourcing Supply Chain Planning Software 44

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

DynaSys

APRIL 14, 2021

One of the most complicated processes in any manufacturing business is the supply chain. If you are trying to compete in today’s complex manufacturing markets; should the “chain” that is the lifeline of your business be rigid? But also for industries and manufacturers. Come to think of it, should it even be called a chain?

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 52

Supply Chain Game Changer

JUNE 23, 2020

Government leaders, CEOs, and citizens of the world all require Supply Chain professionals to create more robustness, resiliency, and responsiveness into all of our Supply Chains. All of this requires a process of governance with Executive level oversight and leadership. Time Invested Well is Time Well Spent.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 101

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. The type and severity of CSR-related risk exposure can vary widely by category or industry both as a result of the business activity (for example labor risks in manufacturing, environmental risks in chemicals, ethical risks in extraction industries, and so on).

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Requis

MARCH 23, 2021

They had to pay an enormous amount of money to the US government. The pressure to be more sustainable also comes from outside sources like governments, banks and customers. Sustainability should impact procurement choices, such as favoring lower embodied carbon products over higher embodied carbon products.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

Enterra Insights

JULY 28, 2020

” Alex Saric ( @alexsaric ), a procurement expert at Ivalua, told Eason, “There is a huge appetite to develop cognitive supply chains, which is only set to increase as more success stories come to light. But for many, achieving a fully cognitive one is currently just a pipe dream because of poor quality data.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100