Supply Chain Matters

JANUARY 19, 2024

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. The Ferrari Consulting and Research Group has a policy for respecting readership privacy and does not sell nor offer are user information to third parties.

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Predictive Analytics Software Supply Chain Planning Software Supply Chain Strategy Manufacturing Procurement 52

Supply Chain Matters

FEBRUARY 28, 2024

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. The report specifically cites data from Mexico’s national auto parts industry association indicating that the value of Chinese auto parts produced in Mexico and exported to the U.S.

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Mexico Sourcing Strategies Manufacturing Procurement Sourcing 52

Proxima

SEPTEMBER 12, 2023

For the legal industry, there are certainly widespread plans to use AI to drive greater operational benefits. And what for procurement teams? Procurement will need to understand all the ways that AI could transform how attorneys manage their work and what challenges AI could create for legal suppliers that need to be considered.

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Procurement Predictive Analytics Software Supply Chain Planning Software Modeling Software 59

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

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

EC Sourcing Group

MAY 17, 2023

Spend classification can often go unnoticed, despite its critical influence over successful procurement strategy. Streamlining Procurement Processes: Proper spend classification ensures a structured approach to eSourcing activities.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

Supply Chain Matters

DECEMBER 20, 2022

Supply Chain Matters highlights published reports that indicate the sobering potential impacts of China’s policy makers in lifting most all of the restrictions related to the country’s Covid-19 omicron zero-tolerance strategies. The region remains an epicenter for component and finished goods supply needs for a number of industries.

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Policies Predictive Analytics Software Sourcing Strategies Manufacturing Procurement 52

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month.

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Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

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Optimal Sourcing Procurement Sustainability Material Savings 98

Supply Chain Matters

JANUARY 21, 2023

The Ferrari Consulting and Research Group announces that our latest Research Advisory, 2023 Predictions for Industry and Global Supply Chains is now available for reading. In a prior five-part series of commentaries hosted on Supply Chain Matters , we have provided snapshots of five of our ten predictions for 2023. All rights reserved.

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Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

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Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

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?

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Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

SCMDOJO

JANUARY 31, 2024

Supply chain management is a rapidly growing industry. From entry-level positions such as procurement officers and logistics coordinators to higher-level roles like supply chain directors and vice presidents, each comes with its own set of responsibilities and corresponding salary ranges. per hour. .

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Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 71

Synovos

NOVEMBER 10, 2023

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. We are pleased with our progress but will not stand still.

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Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

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Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Let’s begin with the sharing of excerpts from our first prediction.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Proxima

NOVEMBER 7, 2022

The starting point for all conversations about defence procurement must be that Western Europe faces its greatest security threat since the Cold War. Ensuring that the UK is ready for whatever may come is at the heart of what the UK’s defence procurement industry does. Yet its task has got even harder over recent years.

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Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. According to the Cornell University School of Industrial and Labor Relations Labor Action Tracker , as of the end of October 2023, there were over 350 labor strikes involving over 490,000 workers.

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Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

Supply Chain Matters

JULY 19, 2023

Wall Street Journal columnist Walter Mead published an opinion column this week that indicated in-part: “ But while China’s economic outlook is as uncertain as the long boom is unprecedented, foreign policy strategists should prepare for a world in which China’s era of superfast growth has come to an end. All rights reserved.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Prediction Background. Higher cost levels will need to be mitigated or reduced.

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Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

EC Sourcing Group

DECEMBER 2, 2021

which combines equal feedback from industry analysts and clients alike. After profiling the integration of expanded capabilities via it’s acquisition of BidMode, seasoned industry analysts . ” “Never has procurement technology been more front of mind for businesses.

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EC Sourcing Group

DECEMBER 2, 2021

which combines equal feedback from industry analysts and clients alike. After profiling the integration of expanded capabilities via it’s acquisition of BidMode, seasoned industry analysts . ” “Never has procurement technology been more front of mind for businesses.

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 52

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

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Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Unfortunately, the industry is full of a lot of Anna(s) and her friends, the doubting Thomas (s). In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process. Measuring and reporting.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Proxima

FEBRUARY 25, 2022

Fashion is widely regarded to be one of the most wasteful industries on the planet. Impacts from the fashion industry include over 92 million tonnes of waste produced per year and 79 trillion liters of water consumed, according to a study by Aalto University in Nature Reviews Earth & Environment journal. But times are changing.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Modeling Software Industrial 52

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 Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 63

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. The US GDP in 2021 grew at an unexpected rate of 5.7% Focus on Cost.

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Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Precoro

JULY 8, 2022

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. It’s a senior role that implies strong knowledge of finances, business administration and law, and industry trends. Increased Savings.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

Supply Chain Matters

MARCH 11, 2024

Supply Chain Matters highlights a report indicating a push for Zara parent Inditex to disclose more detailed supplier transparency in the light of growing ESG policy dichotomies. And as our readers are aware, the area of ESG further includes corporate social responsibility policies, efforts and reporting.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

SupplyShift

JULY 23, 2021

Industry groups are one of the best ways for companies to put their heads together and solve common issues, helping them achieve net-zero supply chain emissions, drive visibility into sub-tier suppliers, and collaborate on any number of ESG issues. For more info, join their Sustainable Procurement Ambassadors LinkedIn group.

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SupplyShift

JULY 23, 2021

Industry groups are one of the best ways for companies to put their heads together and solve common issues, helping them achieve net-zero supply chain emissions, drive visibility into sub-tier suppliers, and collaborate on any number of ESG compliance issues. Procurement and Supply Chain. Sustainable Procurement Pledge (SPP).

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Supply Chain Software Supply Chain Network Software Manufacturing Procurement Groups 52

EcoVadis

JULY 13, 2018

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. Section 6 of the ISO 20400 also provides organizations with guidelines on sustainable procurement reporting (6.5.2 UK Modern Slavery Act ).

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The Logistics of Logistics

FEBRUARY 24, 2023

He is also the founder of the MIT FreightLab – a research initiative that focuses on improving the way freight transportation is designed, procured, and managed. Outside of MIT, Dr. Caplice is the Chief Scientist for DAT Freight and Analytics. In this role, he pioneered the development of the Freight Market Intelligence Consortium (FMIC).

Logistics Network Optimization Software 219

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 219

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

What started as a simple combination of wooden planks to transport food and munitions, the evolution of the modern pallet has since grown into a multi-million dollar industry with different types of materials introduced to make a pallet. This straw pallet promises to be a rising star in the packing industry.

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