These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. So, why do supply chain managers not take advantage of this data with respect to procurement?

Deep Dive on 2017 Predictions for Industry and Global Supply Chains- Prediction Two: A Challenging Year in Procurement

Supply Chain Matters

The following Supply Chain Matters blog is part of our ongoing series of deep dives into each of our previously unveiled ten 2017 Predictions for Industry and Global Supply Chains. At the start of the New Year, our parent, the Ferrari Consulting and Research Group along with our Supply Chain Matters blog as a broadcast […].

Digital Procurement – Pack your bag, you are going on a journey

ivalua

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay).

The 4 Stages of Supply Chain Analytics

Digital transformation is now a central theme in the industry. breaking news, but it is new for the industry. that supply chain is moving through as the industry strives to leverage data. 2, and small pockets in the industry are beginning to build towards stage 3.

Deep Dives on 2017 Predictions for Industry and Global Supply Chains- Prediction One: Global Economic Activity

Supply Chain Matters

The following Supply Chain Matters blog begins our series of deep dives into each of our previously unveiled ten 2017 Predictions for Industry and Global Supply Chains. At the start of the New Year, our parent, the Ferrari Consulting and Research Group along with our Supply Chain Matters blog as a broadcast medium, provides a […].

Global 209

2019 Predictions for Industry and Global Supply Chains Research Report Now Available for Downloading

Supply Chain Matters

The Supply Chain Matters blog announces that The Ferrari Consulting and Research Group ’s research report, 2019 Predictions for Industry and Global Supply Chains , is now available for complimentary downloading.

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . However, saving $100 billion over one year means the use of robotics and automation have the potential to impact the industry in the most profound ways possible. Industry 4.0

Procurement Transformation Delays – The Role of Personality!

Supply Chain Game Changer

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. Why are industry projections failing to materialize despite ample technological advancements?

The Celebration of the Year of the Pig and Implications for Industry Supply Chain Management Strategies

Supply Chain Matters

Industry supply chain management teams factor various China based supply and demand network planning assumptions to muted or inactive during this period, perhaps with the exception of certain consumer goods.

[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

Cerasis

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Industry Supply Chain Planning Related to Brexit Response Grow More Concerned, Along with the Implications

Supply Chain Matters

Aerospace Supply Chain Automotive Supply Chain Global Trade Issues Marketing Strategies Procurement and Sourcing Service-centered Supply Chains Supply Chain Execution Supply Chain Strategy Transportation and Logistics impact of Brexit on industry supply chains Supply chain Matters blog

The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors.

Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

Supply Chain Matters Unveils Ten 2017 Predictions for Industry and Global Supply Chains

Supply Chain Matters

These predictions are provided in the spirit of assisting industry specific and global supply chain cross-functional teams in helping […]. At the start of the New Year, our parent, the Ferrari Consulting and Research Group along with our Supply Chain Matters blog as a broadcast medium, traditionally provide a series of predictions for the coming year.

Bombardier Recruits Chief Procurement Officer and Centralizes Supply Chain Strategy

Supply Chain Matters

This week features another milestone, an announcement that Bombardier has hired a new Chief Procurement Officer with the challenge of centralizing all supply chain strategy among its commercial aerospace and surface transportation units while significantly […]. Since 2010, Supply Chan Matters has provided specific commentaries related to the global supply chain challenges of Canada based Bombardier.

What to Expect in the Coming Year: Supply Chain Matters 2018 Predictions for Industry and Global Supply Chains

Supply Chain Matters

The Supply Chain Matters blog unveils the first five 2018 Predictions for Industry and Global Supply Chains. On an annual basis, the Ferrari Consulting and Research Group provides a series of supply chain management predictions for the coming year.

Procurement – The Spend Aggregation Obstacle Course!

Supply Chain Game Changer

Check out What Exactly Is Procurement? They may be disparate companies within an industry. Or they may be unrelated companies spanning many industries. When you run a central Procurement organization you are trying to get the best deal for your company. Subscribe Here!

Ivalua and Axbility Consulting partner to help companies create value through successful procurement transformation

ivalua

Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & Supply Chain Leaders. Axbility will provide Certified Solution Integration & Professional Services for Ivalua across industry sectors, with a focus on organizations throughout North America. Ivalua and Axbility Consulting are both committed to helping companies create value through successful procurement transformation.

Trump Administration New Trade Tariffs Have Significant Multi-Industry Supply Chain Implications

Supply Chain Matters

The takeaway from this week’s trade actions by the United States is the potential trip wire of cascading retaliatory actions that can impact existing industry supply chain sourcing and manufacturing strategies. Global Trade Issues Global trade trends High Tech and Consumer Electronics Supply Chain Industrial and diversified industry supply chain Procurement and Sourcing Supply Chain Strategy implications of global trade war SolarWorld America supply chain Suniva Inc.

Current Stark Reminders of Pending Industry Supply Chain Disruption

Supply Chain Matters

Supply Chain Matters highlights that two significant storms, one that struck southern China, the other about to impact the Texas Gulf Coast, have the potential to add to significant industry supply chain concerns. High Tech and Consumer Electronics Supply Chain Procurement and Sourcing Supply Chain Disruption Transportation and Logistics Hurricane Harvey multi-industry supply chain disruption Supply chain Matters blog Supply Chain Risk Typhoon Hato

Procurement: The Spend Aggregation Obstacle Course!

Supply Chain Game Changer

Check out Procurement – How to Enable Spend Aggregation! They may be disparate companies within an industry. Or they may be unrelated companies spanning many industries. Procurement people are proud professionals. Procurement #Purchasing #SupplyChain #SCM.

Procurement Experiences, Trends and the Future!

Supply Chain Game Changer

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? We have worked in hundreds of different industries and spend areas over many years in thousands of procurement projects.

Global Currency Movements Causing More Widespread Industry Supply Chain Concerns

Supply Chain Matters

For senior supply chain, procurement and sales and operations planning (S&OP) process leaders, it is further compelling evidence that existing supply chain cost and product sourcing strategies will come under enormous scrutiny and pressures in the weeks and months to come. B2C and consumer product goods companies are especially impacted, but so are many other industries as well.

What’s the Difference between Procurement and Purchasing? (Infographic)

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? In short: Purchasing is an activity that’s a subset of the overall Procurement process. Check out What Exactly Is Procurement? Subscribe Here!

2017 Industry Specific Predictions- Pharmaceutical and Drug Supply Chains

Supply Chain Matters

Thus far, we have posted deep-dives on the first nine of our 2017 Predictions for Industry and Global Supply Chains. The one prediction remaining is our final Prediction Ten, which for each year, dives into what we foresee as unique industry-specific supply chain challenges or environments for the coming year.

What Should Industry and Global Supply Chain Teams Anticipate in 2017

Supply Chain Matters

As we approach the New Year holiday which marks the beginning of 2017, we are heads-down in the preparation of our 2017 Predictions for Industry and Global Supply Chains. Supply Chain Matters blog readers should anticipate the full unveiling of our 2017 predictions over the first two weeks in January. We do however want to […].

Revisiting 2017 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

Supply Chain Matters continues with reviewing and self-scoring each of the 2017 Predictions for Industry and Global Supply Chains published at the beginning of this year. This Part Four posting provides an assessment of our prediction for global online shopping platform dominance among Alibaba and Amazon, and that business self-interest would fuel continued supply chain sustainability actions and initiatives.

How Strengthening Team Relationships Leads to Better Strategic Procurement

AFFLINK

Strategic procurement teams must be able to work closely with many departments throughout the organization, while still keeping the organization's broad-spectrum goals in mind. Take a look at your current procurement process to identify potential issues and areas of improvement.

Ocean Container Industry Consolidation Forces Moving at a Faster Pace

Supply Chain Matters

Developments concerning the ocean container shipping industry are now moving at a faster and more discernable pace. This week adds even more perspective to an industry that is now facing even more structural and other changes. Shippers, transportation procurement teams and […]. Last week featured the news of the consolidation of Japan’s three largest shipping lines.

The Donald Trump Presidency- Our Supply Chain, Product, Procurement and Technology Management Focused Perspective

Supply Chain Matters

Global trade trends Green and Sustainable Supply Chain Industry Specific Supply Chain Challenges Manufacturing Strategies Procurement and Sourcing Product Lifecycle Management Sales and Operations Planning Supply Chain Risk Management global supply chain management implications of a Donald Trump presidency independent blog analysis and insights on supply chain management Supply chain Matters blog

50th Symposium Procurement and Logistics

Supply Chain Movement

50 th Symposium Procurement and Logistics. The association is open to all industries and types of company. More than 2,200 decision-makers from procurement, SCM and logistics. Date: 11-13 November, 2015. Location: InterContinental, Berlin (Germany). Organisation: BME Verband.

Initial Pharmaceutical and Drug Industry Impacts of Hurricane Maria

Supply Chain Matters

Supply Chain Matters highlights some initial pharmaceutical and drug industry supply chain impacts concerning the catastrophic effects of Hurricane Maria on the nation of Puerto Rico. Pharmaceutical, Life Sciences and Healthcare Supply Chain Procurement and Sourcing Supply Chain Disruption pharmacetical and drug industry impacts of Hurricane Maria Supply chain Matters blog

Time to Look into the Future of Procurement!

Supply Chain Game Changer

Check out What Exactly Is Procurement? There has been transformation in the Procurement function over the past decade. A Paradigm Shift in the Procurement Function. The Evolution of Procurement’s Value Proposition. Procurement professionals need to get savvy.

Revisiting 2017 Predictions for Industry and Global Supply Chains- Part Six

Supply Chain Matters

Supply Chain Matters concludes the series for self-scoring each of the 2017 Predictions for Industry and Global Supply Chains published at the beginning of this year. In this Part Six final update, we revisit our industry-specific predictions related to B2C and Retail, Apparel and Footwear, Pharmaceutical and Drug supply chains.