HICX Solutions

JUNE 24, 2022

Four inspiring procurement and supply chain leaders advocated supplier-centricity, at Procurement Leaders’ World Procurement Congress 2022, which took place in London last week. As the name suggests, SXM is about managing the experience that suppliers have in working with buying organizations. What is a supplier-first mindset?

Procurement 52

Procurement Eliminating Excel in Purchasing Purchasing Skills Price Reduction 52

Kinaxis

MAY 13, 2015

More specifically, Avaya saw their on-time ship rate jump from 86% to 94%, their past due revenue decrease from $42M to $10M and their employee engagement scores increase by 57%. Through the use of technology as an enabler, Avaya was able to transform their supply chain into one centered on continuous improvement and innovation.

Supply Chain Transformation 100

Supply Chain Transformation Supply and Demand Supply Chain Planning Software Supply Chain Design Software 100

Clear Spider

MARCH 21, 2024

How Does Artificial Intelligence Fit Into Supply Chain Management? It’s quickly becoming essential to innovation in many industries. A recent McKinsey survey reports that companies have achieved the highest savings from AI in supply chain management. This way AI can help businesses make informed decisions about their suppliers.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Matters

MARCH 11, 2024

Many supply chain management case study curriculums include the notions of how this retail chain pioneered what is today termed “ fast fashion.” Zara ’s supply chain is consistently recognized as being the innovator in the practice of supply chain agility in retail and E-commerce driven supply chain network response management.

Inventory Reduction 52

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

NC State SCRC

DECEMBER 13, 2021

In an earlier blog , I explained how the SCRC supply chain index was formed, and how it provides meaningful insights into the Innovation and Sustainability categories of the WSJ index, by assessing the level of innovation and sustainability within an organization’s supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Journal Supply Chain Strategy Supply Chain Software 52

Enterra Insights

SEPTEMBER 3, 2019

Blockchain has the potential to help enable us to manage and track a ‘digital twin’ of shipping containers across the world.”[2] ”[2] Nikki Baird ( @nikkibaird ), Vice President of Retail Innovation at Aptos, agrees blockchain and supply chain are good match. Sharing information with suppliers.

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Planning 100

Supply Chain Shaman

JUNE 6, 2013

More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. Leaders invest in new planning systems as part of an effort to drive business process innovation.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

Supply Chain Movement

AUGUST 14, 2014

Swiss company, Weidmann Plastics Technology has more than 70 years experience in injection molding and has a range of unique and innovative technologies that allow plastic materials with different flexibility, elasticity and strength to be joined in one process step. We have about 60 strategic/A suppliers and in total about 800 suppliers.

Negotiating Skills 87

Negotiating Skills Negotiate Pricing Purchasing Skills Supply Chain Planning Software 87

ivalua

FEBRUARY 24, 2021

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: .

Optimal Sourcing 100

Optimal Sourcing Purchasing Skills Supply Chain Planning Software Negotiate Pricing 100

Talking Logistics

AUGUST 19, 2015

12 million ocean containers managed. As Tom Boike, VP of Supplier Management at UPS, put it in a panel discussion, “The difference between old technology and new technology is the network” and its critical role in facilitating information exchange between trading partners. Ready to Ship Rating, Planning, and Optimization.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Conference Supply Chain Network Software 100

EC Sourcing Group

APRIL 27, 2021

However, you’ll likely find that you are reaping the benefits of global sourcing and supply chain management. Overseas suppliers often charge less money for their goods, so you’ll see an immediate reduction in spend. Innovative ideas. Many domestic suppliers can’t keep up with demand. Benefits include: Reduction in cost.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

HICX Solutions

MARCH 18, 2021

This could be in terms of onboarding new suppliers, or identifying an existing supplier that could ship goods from somewhere else, for example. That included being open to new suppliers, listening, driving innovation, driving sustainability and value creation. A frictionless digital supplier experience.

Innovation 52

Innovation Analytics Software Manufacturing Procurement Demand Planning Software 52

Logistics Viewpoints

FEBRUARY 15, 2022

Adding sourcing, quality and supplier management enables supply chain technology providers to create an agile and resilient supply chain for their customers through the entire lifecycle of a product. If not, how will you find alternate suppliers and pivot to different logistics solutions on the fly?

Agile and Lean Supply Chain 281

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Optimal Sourcing 281

ToolsGroup

JANUARY 6, 2022

Hiring experienced supplier management staff really saved our business this year and although it was not cheap it paid itself back in spades. ” – Mike Skoropad, CEO, United Tires. Hiring experienced supplier management staff really saved our business this year.”. Complacency is the enemy of innovation.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

QAD

APRIL 4, 2023

As businesses strive to improve their responsiveness and flexibility to navigate disruptions, this newest release enhances our customers’ ability to advance their business intelligence, innovation and agility, which are critical in today’s business landscape.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 96

QAD

APRIL 5, 2022

As organizations seek to boost business responsiveness and flexibility to address disruption, QAD Adaptive ERP 2022 helps our customers’ ability to advance the business intelligence, innovation and agility that is required by today’s enterprises. Integrated Supplier Management.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 95

Unleashed

MARCH 28, 2021

With the aid of SRM technologies, supplier relationship managers can track and measure supplier performance against contractual obligations to ensure suppliers are meeting your business needs and complying with agreed conditions. Five practical ways to improve supplier relationships. Cost reductions.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

QAD

OCTOBER 11, 2022

As organizations seek to boost business responsiveness and flexibility to address disruption, this latest release progresses our customers’ ability to advance the business intelligence, innovation and business agility required today. Enhancements include: Effective Enterprise Management. Integrated Supplier Management.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 96

Unleashed

JANUARY 25, 2021

However, as your business grows in complexity, it might be time to ditch the spreadsheets and opt for something more sophisticated like a supplier management software. Investing in better supplier management software will streamline this vital process and allow for better tracking from managing stock to creating purchase orders.

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Negotiate Pricing 90

Logistics Viewpoints

SEPTEMBER 13, 2023

These disruptions occur for myriad reasons, such as factory disruptions in China or ships getting stuck in the Panama Canal. A disruption in one function impacts all other functions across the supply chain, including supplier management, order management, transportation management, warehouse management, and demand management.

Real-time Visibility 253

Real-time Visibility Supply Chain Planning Software Waste Reduction Supply Chain Network Software 253

NC State SCRC

MARCH 15, 2016

The annual IBM facts and procurement figures that Dan shared boggles the typical procurement organization mind: 15,000 suppliers managed (after decades of rationalization efforts). 50 billion in spend managed. Next up was Dan Carrell, Vice President of Global Procurement at IBM. 22,000 sourcing events. $50

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Baltimore Analytics Software 40

Kanban Logistics

FEBRUARY 23, 2024

This shift is driven by increasing awareness of environmental impacts, customer demand for green products and services, and the potential for operational efficiencies and cost savings linked to more sustainable freight shipping. Supplier Management. Employee Engagement and Training.

Sustainability 52

Sustainability Waste Reduction Material Savings Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Supply chain solutions enable streamlining data processing across and within organisations and enhance workflow, operations productivity and sustainability from sourcing to shipping. It also focuses on choosing a reliable supplier base for organisations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Jaggaer

AUGUST 18, 2020

A nd a pproximately 70% of APIs from China are shipped to India to produce generics, of which around 40% are then shipped to the United States. Supplier management is, of course, challenging at the best of times, and for a variety of reasons. Sourcing of alternate suppliers 57% Managing supplier risk (e.g.

Pharmaceutical 98

Pharmaceutical Manufacturing Procurement Procurement Company 98

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. Creating new opportunities by investing in supplier partnerships and joint innovations.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

QAD

OCTOBER 3, 2023

Our customers will now have access to four different machine learning “off the shelf” scenarios ready to be implemented in Accounts Payable, Account Receivable, Shipping and Maintenance. Outcomes include a 30% increase in maintenance productivity. Stay tuned for more in-depth insights on these updates in our upcoming blog posts.

Price Reduction 94

Price Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 94

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Logistics personnel and supplier management pointers. “A 3PL can provide a range of fulfillment services, from setup, to shipping, to customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Unleashed

SEPTEMBER 5, 2019

This includes the invoice, shipping information, any email correspondence, and other relevant transactional data. Decrease the number of suppliers. Look to reduce the number of suppliers you use and focus on the most preferred, critical suppliers. When you decrease suppliers, make sure you’re keeping the right ones.

Procurement Solutions 40

Procurement Solutions Purchasing Skills Inventory Management Software Inventory Reduction 40

Taulia

NOVEMBER 2, 2022

All of this has created a challenging environment for any business whose supply chains span the globe, with average global shipping rates having more than quadrupled since 2019. Robust supplier management strategy.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Inventory Reduction Resource Reduction Waste Reduction 91

Supply Chain Network

DECEMBER 14, 2013

The panel will address thought provoking perspectives on the innovative supply chain responses and evolutions that will best support omni-channel business and operational productivity gains. Leslie Irvin, Director, Wal-Mart Innovations, Wal-Mart Stores, Inc. Tom Boike, Vice President, Supplier Management, UPS.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Supply Chain Game Changer

SEPTEMBER 6, 2022

And then they shipped those goods in accordance with customer orders received into those facilities. Some of the materials were sourced and managed by the customers. Still the sourcing and supplier management of other materials was delegated to our facilities. Another 5 countries were on the itinerary.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

Supply Chain Game Changer

AUGUST 30, 2022

Over time, some enlightened people determined that this approach was limited and shortsighted given all of the other dynamics involved in sourcing and supplier management. When a container ship became stuck in the Suez Canal and blocked movement of goods serving entire continents a single point of failure was exposed.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Unleashed

JUNE 23, 2021

Many businesses just couldn’t afford to focus on innovation over stability. This is because in order to keep the organisation running smoothly and give customers or suppliers that central point of contact without causing severe delays, each node in the organisation’s logistics and warehousing network must be able to communicate in real time.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

SCMDOJO

NOVEMBER 2, 2023

Services: Paul with his expertise in international logistics and supply chain offers the following services: Container Shipping visibility High Performing Leadership Structure Implementing change Paul has worked with numerous clients for their projects ranging from ERP migration to Shipping line online platforms.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Unleashed

MARCH 24, 2024

More satisfied workers can lead to greater business innovation and agility. continuous) flow of goods from raw materials through to packing and shipping. Inventory management software Unleashed is a popular cloud-based inventory management system offering manufacturers real-time visibility into their stock levels and resource planning.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Precoro

MARCH 30, 2022

Supplier Management, Optimization, and Relationship Building. As a part of CRS practice, procurement teams audit suppliers and examine practices in place, such as sourcing raw materials and producing goods, shipping methods, work conditions, pay levels, etc. Total Quality Management (TQM).

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

HICX Solutions

MARCH 3, 2022

Supplier data quality issue. Costas also points out that the supplier data issue is not a new problem, having been ranked consistently as the number one issue for many years in terms of supplier management and digitalization within Procurement. However, the problem continues to persist.

Data 52

Data Sourcing Strategies Optimal Sourcing Analytics Software 52