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?

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).

Ivalua Now and the Art – or is it the Science – of Procurement?

ivalua

It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. The event is free to attend and aims to attract hundreds of procurement and supply chain professionals to discuss and learn more about the latest industry trends and processes. In the process, these advances are enabling procurement leaders to look beyond their traditional remit.

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 […].

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

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 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?

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!

Changing Perception in the Supply Management Industry

Supply Chain Matters

One of the biggest challenges in our industry is gaining recognition of the value procurement and supply chain management brings to the corporate bottom line. The following commentary is a Supply Chain Matters guest posting authored by Jim Barnes, Services Managing Director, Institute for Supply Management (ISM). We know supply management increases shareholder value by […].

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

Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. Technology rewrote industry rules and improved our listening to music.

Kraft Heinz Stunning Financial Stumble- A Watershed Industry Development

Supply Chain Matters

This is an industry that remains surrounded by activist investors seeking the next era of growth but at the same time, added dividends and increased short-term returns for shareholders.

This Turbulent Week in Brexit Events and Consequent Multi-industry Supply Chain Disruption Planning

Supply Chain Matters

The Supply Chain Matters blog updates readers on a turbulent week of Brexit related developments and on the implications for multi-industry supply chain scenario disruption risk contingency planning. Industry Supply Chain Contingency Planning.

The Stream of UK Based Automotive Industry Announcements are Not Solely Related to Brexit

Supply Chain Matters

While many have been quick to cite root cause to the threats of Brexit , Supply Chain Matters points to broader industry developments and unfolding moves as the catalyst.

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!

Digital procurement in real-time: Successful Industrial Track & Trace showcase at Hannover Messe

SupplyOn

Industrial intelligence meets industrial track & trace at Hannover Messe 2019: Innovative showcase enables new dimensions of visibility in manufacturing Hannover Messe is the world’s leading industrial trade show. An event that is justified in its role as the “Home of Industrial Pioneers” More than 215,000 visitors and around 6,500 exhibitors from all over the world attended the exhibition from April 1 to 5, 2019.

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.

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.

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.

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.

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.

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.

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!

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.

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.

Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. For example, in one Indiana case, Tyler Pipe Industries, Inc.

The Hottest Jobs in Supply Chain and Procurement! (Infographic)

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Across every industry, every geography and every country there are advances in Technology, the Internet of Things (IoT), Industry 4.0, Procurement #SupplyChain #Logistics #Jobs.

9th Edition Global Procurement and Supply Chain Management for the Oil and Gas Industry

Supply Chain Movement

This marcus evans forum will allow you to explore and debate PSCM industry best practice and the best strategies to reduce costs and add value to the company. Focus will be on equipping industry leaders with the tools they need to reduce costs and drive value creation in the supply chain.

Procurement Integrity Breach – A Sure Way to Get Fired!

Supply Chain Game Changer

Check out Procurement Outsourcing – Keep your Integrity! I was shaken by the reality that our people, our trusted procurement professionals, were being implicated for fraudulent behavior towards our suppliers. The procurement and engineering teams knew this.

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.

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.

Is Today April Fools Day in Global Trade or Another Chapter in Industry Supply Chain Risk Mitigation?

Supply Chain Matters

China Supply Chain Strategy Global Trade Issues Manufacturing Strategies Procurement and Sourcing Supply Chain Risk Management Supply Chain Strategy Transportation and Logistics Brexit global trade impacts on industry supply chains impact of Brexit on industry supply chains implications of global trade war Supply chain Matters blog Supply Chain RiskToday is April 1 st , what some may humorously declare as April Fool’s Day.

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