Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

Procurement 180

Procurement Freight Chicago New York City 180

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. procurement #technologyadoption #supplychainmanagement.

Procurement 64

Procurement Trends Sourcing Sustainability 64

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. to manufacturing value added in 2020.

Trends 106

Trends Manufacturing Survey Quality 106

Enterra Insights

JANUARY 17, 2019

Over half-a-dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, asserted, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[1] Manufacturing trends. The changing manufacturing environment is often described as Industry 4.0

Trends 100

Trends Manufacturing Phoenix Internet of things 100

Supply Chain Game Changer

NOVEMBER 22, 2018

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.

Procurement 60

Procurement Trends Sustainability Italy 60

NC State SCRC

DECEMBER 9, 2015

The December 2015 SCRC meeting was held this week in the brand spanking new Talley Student Center, and was a resounding success. After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. In streamlining the P2P system, Rick notes that he had to take someone from procurement to go work in AP in finance to fix it.

Analytics 40

Analytics Meeting Procurement Asia 40

Cerasis

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturing manufacturing trends

Manufacturing 249

Manufacturing Trends Predictive Analytics Security 249

Cerasis

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. What Is Procurement Management?

Procurement 255

Procurement Logistics Third Party Logistics Manufacturing 255

ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. As long as indirect suppliers are meeting expectations, they are doing what is required. Industry: Manufacturing.

Supplier Management 169

Supplier Management Industrial Industry Procurement 169

EcoVadis

MAY 9, 2018

Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards. ’s In-procurement Magazine Public spending is big business.

Sustainability 69

Sustainability Procurement California Government 69

IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks.

Quality 68

Quality Metrics Manufacturing Lean 68

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read.

Procurement 141

Procurement Brazil Currency United States 141

Cerasis

MARCH 23, 2016

These teams and people meet daily in a “huddle” to discuss previous day goals and actual results. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis.

Lean 220

Lean Sustainability Manufacturing How To 220

Cerasis

JANUARY 17, 2017

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Ultimately, manufacturers no longer have to concern themselves with what might sell well in the coming months.

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Predictive Analytics Analytics Manufacturing Industrial 217

ivalua

DECEMBER 13, 2018

We look forward to meeting many of our customers and partners at this prestigious conference, which will be held in Miami in March. Ivalua has been developing Procurement Technology for Nearly 20 years and we work with many customers and partners in North America.

Miami 130

Miami America Procurement Conference 130

Supply Chain Game Changer

NOVEMBER 20, 2018

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. What role will energy play in the long-term strategy for manufacturers? Subscribe Here!

Manufacturing 69

Manufacturing Automotive Sourcing Sustainability 69

Cerasis

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain. Also, it bridged the divide between manufacturing operations and service (logistics) operations, explains Springer Link.

Lean 160

Lean Procurement Trends Supply Chain 160

NC State SCRC

DECEMBER 1, 2016

The SCRC meeting was a huge success yesterday. The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus. This discussion was followed up by a great presentation from Vince Messimer, who is retiring from Shell Oil after 34 years with the company as their head of procurement for Shell Manufacturing.

Meeting 43

Meeting Raleigh Internet of things Texas 43

Oracle SCM

NOVEMBER 18, 2016

Every year during the holidays, anxiety hits shoppers, retailers, and manufacturers alike about whether the season’s hottest products will face shortages. For manufacturers, at least, it doesn’t have to be this way. Partner for Manufacturing Flexibility.

Manufacturing 111

Manufacturing SCM Capacity Electronics 111

AFFLINK

JUNE 1, 2016

There’s a tipping point where supply chain management is no longer enough: You need strategic procurement. Single-source procurement is efficient, but it’s also risky. And it’s not just the raw materials you need to manufacture your products.

Strategy 74

Strategy Procurement Capacity Meeting 74

Supply Chain View from the Field

MAY 4, 2015

The Supply Chain Resource Cooperative concluded its two-day meeting on the theme of “Building a Supply Chain Risk Capability”, which proved to be one of the most popular themes yet that resonated with our audience. We have over 175 executives, students, and faculty attending the event.

Meeting 73

Meeting Nepal Analytics Asia 73

Supply Chain View from the Field

FEBRUARY 27, 2014

To achieve this capability, the company has invested a lot of upfront resources that not a lot of manufacturing companies in North America have today. This gives us a unique business model and helps us influence the parts to ensure that they are optimized for our manufacturing floor, and helps us to influence it so that we can bring to bear our deep market knowledge of the accessories we build for our OEM customers.” I believe this is the new model for American manufacturing.

America 83

America Innovation Manufacturing North America 83

SYSPRO Smarter ERP

APRIL 19, 2019

Procurement is often overlooked and undervalued, yet it impacts every facet of a business. Procurement and supplier relationships have an important role to play when it comes to ensuring manufacturers and distributors meet their strategic goals. Fortunately, strategic sourcing policies for procurement can provide the ultimate competitive advantage. It’s time to streamline the procurement process, harnessing […].

Policies 49

Policies Sourcing Meeting Procurement 49

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue.

Conference 102

Conference KPI Procurement North America 102

NC State SCRC

MAY 5, 2017

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

Procurement 40

Procurement Third Party Logistics Chemicals Electronics 40

Supply Chain View from the Field

NOVEMBER 6, 2014

I was recently interviewed by Jon Hansen on Blog Talk Radio , discussing my new book “The Procurement Value Proposition” co-authored with Gerard Chick. In the interview, I discuss some of the major changes going on in the procurement area, and how we are at a crossroads for driving change. Our book, The Procurement Value Proposition , will be released in December. It has already gotten a great review on Buyer’s Meeting Point.

Procurement 73

Procurement Innovation Sourcing Global 73

NC State SCRC

JANUARY 24, 2017

The relationship between sales and procurement has always been a contentious one. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. Procurement executives on the other hand complain that sales account managers are always trying to “work around them”, and to make the commercial sale to engineering, operations, clinicians, or other business stakeholders.

Procurement 40

Procurement Third Party Logistics Chemicals Electronics 40

Logility

FEBRUARY 13, 2017

Today we are going to look at lean manufacturing. Myth: “No Need for S&OP; We have Lean Manufacturing.” ” Some proponents of lean manufacturing believe that if you are running lean processes where you have eliminated waste, raw and work in process (WIP) inventory will be delivered and used just-in-time (JIT) to meet customer demand. Raw and WIP inventory takes time to procure, build and transport.

Lean 100

Lean Manufacturing Capacity Inventory 100

Supply Chains Rock

MAY 9, 2012

As an employee and shareholder I am currently listening to the live stream of IBMs investors meeting. Sunil Founder International Institute for Procurement and Market Research www.iipmr.com/education. Manufacturing Central. Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two.

Analytics 149

Analytics Meeting SCM Asia 149

NC State SCRC

APRIL 27, 2016

Companies like Flex are looking for ways to integrate vertically, not just on product manufacturing, but also in terms of how to collaborate better to drive more efficiency. A problem in procurement can impact manufacturing and logistics and planning, but often these dots are never connected, so there never emerges a cross-functional approach to working on them.

Meeting 40

Meeting Vietnam Brazil Houston 40

Cerasis

APRIL 6, 2017

On one hand, it would be great to have brand new manufacturing equipment. Besides the expense, meaning you or your management are unwilling to make an upfront investment when the manufacturing equipment has not failed entirely, there are other roadblocks thrown up against upgrading: The fear of change. Why Upgrade Your Manufacturing Equipment? There are four big picture reasons to upgrade your manufacturing equipment. Manufacturing

Manufacturing 201

Manufacturing Dallas Texas System 201

Supply Chain Movement

APRIL 29, 2014

At the same time, new sales markets are emerging for manufacturers of medical devices, and innovative technologies such as 3D printing are making a breakthrough. Manufacturers of medical technology (‘medtech’) must choose a clear strategy: Plan.

Guidelines 110

Guidelines Supply Chain Innovation Meeting 110

EcoVadis

FEBRUARY 3, 2015

One of the central organisational players in the transition towards a circular economy is the procurement function. Some of the key questions are, how will procurement expand its role to address the circular economy, and how can they add value? Sourcing and manufacturing: From homogenous supply chain to heterogeneous resource flow innovation and cascading. A Procurement Change Management Challenge.

Resources 40

Resources Procurement Innovation Sustainability 40

DynaSys

APRIL 9, 2019

In order to be successful, core processes must be adapted to meet new requirements. Only after the drug or device is developed, manufactured, sold or distributed is the patient consulted. The face of life sciences has undergone a change.

Chemicals 90

Chemicals Supply Chain SCM Pharmaceutical 90

Supply Chain Game Changer

FEBRUARY 26, 2019

Procurement (and Purchasing) Job Interview Questions & Answers. Unless your company is amongst the very largest companies in the world then chances are your Procurement team will, at some point, be dealing with Suppliers that are larger than your company. Subscribe Here!

Benchmarking 74

Benchmarking Sourcing Company Meeting 74

Supply Chain Game Changer

NOVEMBER 14, 2018

All levels of the organization must be involved, from the procurement person responsible for the supplier up through the CEO, depending on the value of the supplier. The sourcing or procurement function will own the relationship and manage the overall process. Subscribe Here!

How To 67

How To Quality Meeting Supplier Management 67

Supply Chain Game Changer

FEBRUARY 5, 2019

The 3 Pillars of Digital Procurement! I began my career working in a manufacturing plant within an international company that was completely vertically integrated. From component manufacturing through to subassembly manufacturing and end product assembly they did it all.

Software 66

Software Supply Chain Reverse Logistics Manufacturing 66