Altering the When, How and Why of Supplier Information Management

ivalua

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing.

Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays

The Network Effect

The post Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays appeared first on The Network Effect. Digital Supply Chain Supply Chain Management information latency inventory management science of theoretical minimums STM supply chain optimizationThe “Science of Theoretical Minimums” (STM) might sound dry and academic, but lurking within is a proven path to dramatic.

Blockchain and Information Governance! (Infographic)

Supply Chain Game Changer

That’s why we need information management, which main task would be to keep track of all documents. The common big issue is storing information safely, because this is usually done on a centralized server. Blockchain technology could enhance information governance in numerous ways.

FMCG Supply Chain: Do you use data or information?

Enchange Supply Chain Consultancy

Firstly, a couple of information irritations. Anyway, the signatory has to provide information confirming your identification and you get the passport. Information not data gets the job done. Someone is shouting “data is information isn’t it”? Who coined “Big Data”?

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Hadoop and the Modern Data Supply Chain

With the advent of Big Data, companies now have access to more business-relevant information than ever before and are using Hadoop to store and analyze it

Supply Chain Transformation — The Important Element of Information Strategy

Kinaxis

I would urge transformation teams to seriously consider a fourth component, that being Information, including the velocity, context and clarity of information. It should include an outside-in information lens, with information streams tied to key business process streams.

Materials Management Information Systems Improve Business Operations

Hybrent

Materials management information systems help improve business operations. The potential to improve efficiency and eliminating the disruption of product availability is explored with materials management information systems.

The Answer Isn’t More Truck Drivers – It’s More Information

Talking Logistics

Rather than harping on needing more trucks and drivers, a new approach needs to be taken to determine a solution for the existing problems; the industry needs better information to better utilize existing trucks and drivers. It’s not a driver problem…it’s an information problem.

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Information Overload: Is Too Much Data Crippling Your Supply Chain?

Kinaxis

That’s the question many supply chain practitioners are asking themselves in this world of big data, where a flood of new information is rapidly becoming readily available. Otherwise, you could fall victim to data paralysis and find yourself trapped by information overload.

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Targeted Marketing to Millennials: Inform don’t Pander Them

Enterra Insights

The post Targeted Marketing to Millennials: Inform don’t Pander Them appeared first on Enterra Solutions. I have heard people state that we live in a world in which everyone wants instant gratification. Some marketers may … Continued.

Navigating the Road to Successful Automation - A Process Driven Approach

Speaker: Jon Leposky, Director of Operations and Logistics, Z Customization

Join us for this insightful and informative webinar with Jon Leposky, Director of Operations at Z Customization, and learn: When is the right time for your organization to consider automation.

Lean Leadership: The Importance of Having All the Information

LeanCor

We were all trying to make the appropriate choice so that we could tell the driver as soon as possible and get the ball rolling, but we were not presented with enough information with which to make a viable choice. Collecting Better Information to Make the Right Decision. Most times the decision is difficult because you didn’t have all of the information you needed. Typing an additional email typically takes a lot more time that providing the same information in a new email.

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Carriers, You’re in the Information-Handling Business Too (Takeaways from McLeod Software User Conference 2015)

Talking Logistics

If you haven’t realized it already, you’re in the information-handling business as much as you’re in the freight-handling business,” said Tom McLeod, President and Founder of McLeod Software.

Supply Chain Needs More Accurate Costing Information

Inbound Logistics

Supply chain professionals need more accurate and effective cost information to help their decision-making

Product Information Management for the Modern Supply Chain

Oracle SCM

Without timely access to accurate product information, for example, product innovation and commercialization slows, as does communication between suppliers and selling partners. The Value of Product Information Management.

Building AI to Unlearn Bias in Recruiting

personal information, how does one make sure that the. Building AI to Unlearn Bias in. Recruiting How to use AI and machine learning to ensure diversity in the. workforce By the creators of AllyO, the end-to-end AI recruiter www.allyo.com hello@allyo.com Bias is a problem we.

The Benefits of Providing Tracking Information to Your Customers!

Supply Chain Game Changer

As a business, providing tracking information is a healthy practice that has numerous benefits both for your company and your customers. Providing tracking information is one of the best ways you can show this. The post The Benefits of Providing Tracking Information to Your Customers!

Trends 2019: Information Technology

Enterra Insights

Information technology (IT) is a big tent covering a lot of technologies. IT helps organizations stay afloat in this sea of data and propels them into a better-informed future. Important information technology trends. 4] David Weldon, “ 12 trends impacting the future of data management jobs ,” Information Management , 9 October 2018. [5] The importance of IT for today’s organizations cannot be understated.

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Supply Chain Needs More Accurate Costing Information

Inbound Logistics

Supply chain professionals need more accurate and effective cost information to help their decision-making

Accurate Costing Information Lacking in Supply Chain

Material Handling & Logistics

Supply chain and finance departments need to work more closely and adopt costing practices that are progressive and focused on informing internal decisions. Costing information also plays a critical role in sales and operations planning.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar).

Why Data Is Not Information

Creating Supply Chain Excellence

Later, as my partner and I sat in a car on the way back to the airport, we both reflected on what would have happened to the interaction if the CFO’s 4.74% data point was viewed as information, and if the company never began the pursuit of their omnichannel strategy. By Jim Tompkins.

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Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning?

Kinaxis

More and more sensors are getting embedded in the “things” and leading to an explosion of information availability. Will IoT design enable us to get demand signals from the products and sensory information from the entire set of physical infrastructure for planning?

How Real-Time Information Can Reduce Supply Chain Waste

ModusLink Corporation

We live in an increasingly real-time world where the idea of instant information directing our actions and decision-making has seeped into nearly every aspect of our lives – transforming the way we live.

The Importance of Real-time Information in Retail Supply Chain Management

The Network Effect

The post The Importance of Real-time Information in Retail Supply Chain Management appeared first on The Network Effect. by Sarah Miller, Business Writer, AF Logistics Online businesses understand that timing can mean everything in the world of supply. Retail Supply Chain Management customer service ecommerce real time retail supply chain

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Discover 4 Use Cases for Applying AI to Your Recruiting Processes

to individual job openings • Filling out forms with the same information found. required information from candidates and getting. logistics information. The next. wave of. AI-led. recruiting Four ways machines are enabling their. human counterparts to hire smarter.

The Advantages of Real-Time Supply Chain Information

ModusLink Corporation

The post The Advantages of Real-Time Supply Chain Information appeared first on ModusLink Global Solutions.

Your supply chain is costing you money – Reason #8: Keeping supply chain information in silos (and preventing your users from making the best decisions)

Kinaxis

Reason #8 Keeping supply chain information in silos (and preventing your users from making the best decisions). They do this by preventing them from getting (or making it very difficult to get) any more information than they absolutely need to do their specific job. Sometimes this information limitation actually prevents them from doing their job adequately. Traditional ERP systems limit access to information by making it very difficult to get the information you need.

Trends & Predictions 2017: Information Technology

Enterra Insights

Information technology (IT) is a broad subject area; but, since we live in the information age, IT has a significant … Continued. The post Trends & Predictions 2017: Information Technology appeared first on Enterra Solutions.

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Inbound Freight Pricing Changes: 8 Ways to Go About Informing Vendors

Cerasis

The post Inbound Freight Pricing Changes: 8 Ways to Go About Informing Vendors appeared first on Transportation Management Company | Cerasis. The logistics industry is in a state of flux, and prices of today do not necessarily reflect the actual shipping costs of tomorrow.

Triggering results with better supplier information

ivalua

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. That post also detailed the fact that there are many potholes along the road to better supplier information.

Missing Information. What are the Repercussions?

BluJay Solutions

With this initiative CBP aims to reduce paper work and automate all the information and benefit not only the travelers but also CBP. Repercussions of lack of information are immense and there isn’t a scientific way to accurately assign dollar value to the time lost.

Supplier information challenges in the automotive industry

ivalua

Manufacturers need better supplier information. But the lack of timely & accurate supplier information stood as a great impediment. information storage and sharing issues. reactive information gathering activities instead of proactive.

Too Much Information? Not a Problem for Dow AgroSciences – SupplyChainBrain & Kinaxis Video Series

Kinaxis

One of the company’s major concerns is dealing with the silos of information that exist within its complex supply chain. Watch now: Too Much Information? The post Too Much Information?

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Getting Up to Speed on Business Analytics at INFORMS

AIMMS

This was my first INFORMS Business Analytics conference and I was not sure what to expect. The AIMMS team at INFORMS. AIMMS SVP Gertjan de Lange presenting at INFORMS 2015. analytics Conferences Edelman Award 2015 INFORMS Business analytics

How Can We Keep Our Information Secure?

Supply Chain Brain Podcast

The battle against cybercrime rages on. And global supply chains remain highly vulnerable. Read More

Triggering Results With Better Supplier Information

ivalua

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. That post also detailed the fact that there are many potholes along the road to better supplier information.