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

Unleashed

MARCH 16, 2021

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. Goals of purchasing.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

Supply Chain Matters

AUGUST 8, 2022

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . This index was reported as 1.84 reported for June, and 2.59

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. This simultaneously decreases costs and carbon footprint per unit. Is the juice worth the squeeze?

Waste Reduction 86

Waste Reduction Material Savings Resource Reduction Price Reduction 86

Supply Chain Shaman

OCTOBER 29, 2020

Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics. Management of the cash-to-cash cycle is critical to maintaining working capital. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 232

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 232

Arena Solutions

OCTOBER 12, 2023

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. Quality management also plays a crucial role in product development. If you have a QMS solution in place, you have an advantage.

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

EcoVadis

MARCH 31, 2017

Many organizations are losing millions, and in some Global 3000 cases, billions of dollars a year due to ineffective supply chain risk management and monitoring. Many procurement teams are finding holistic approach can provide huge advantages. which can vary by geography.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Supply Chain Shaman

JULY 29, 2013

Which supply chain metrics correlate to market capitalization by Morningstar sector? Embrace new technologies: Internet of Things, new forms of analytics, mobility, etc. It is no longer weekly data weekly… or reporting with a day latency. Experiment with these new forms of analytics. Supply Chain Resiliency.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 285

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Unleashed

MARCH 23, 2021

So you’re looking to grow your manufacturing business or the manufacturing arm of your existing enterprise. But what do materials managers do, and why are they important? What is materials management? Defining materials management. So, that’s where materials managers come into play. Sourcing and purchasing.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Resilinc

NOVEMBER 14, 2023

PFAS are also used in the photo-resistance process in semiconductor manufacturing. For example, if a company’s shipment gets stopped by customs at the border, they may be required to show where it was manufactured through proof of purchase orders and invoices. That’s a lot of work that can cause a lot of unnecessary panic.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Unleashed

DECEMBER 21, 2023

In this guide: What are inventory management solutions? Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. Enhanced data collection and reporting.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Game Changer

MAY 27, 2020

Most, but not all companies, have ensured that their manufacturing know-how and secret sauce have remained inside their American engineering teams, but some may have had to relinquish control and exposure to those important day-to-day production details. Loss of manufacturing know-how is a loss of leverage. Supplier Management.

Price Reduction 132

Price Reduction Cost Reduction Strategies Material Savings Purchasing Skills 132

DynaSys

APRIL 14, 2021

One of the most complicated processes in any manufacturing business is the supply chain. If you are trying to compete in today’s complex manufacturing markets; should the “chain” that is the lifeline of your business be rigid? And the avenues for consumer purchases have expanded as well. E-commerce.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). At Rockwell this includes all processes end-to-end except for manufacturing.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). At Rockwell this includes all processes end-to-end except for manufacturing.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. Why do companies focus on reducing a specific metric?

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

NC State SCRC

APRIL 3, 2019

Our third contract research paper is by James Wilkinson, focusing on aerospace contracts which typically entail a great deal of risk (as illustrated by the Boeing 737 MAX incident…). The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? The importance of liquidity management Liquidity management plays a significant role in various processes.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. Customer sentiment technologies mine the patterns of unstructured text and use new forms of analytics to guide discovery on what matters to the customer. What drives my passion?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Material Handling & Logistics ). McKinsey ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Supply Chain Opz

JUNE 1, 2014

Aerospace Industry is characterized by high material costs (about 65-80%). Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. BMW uses a 12-year planning horizon and divides it into an annual period.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Enterra Insights

DECEMBER 6, 2021

Science writer Anjana Ahuja ( @anjahuja ) reports, “In an algorithm-driven world where data is king, one misstep can lead to a royal mess. Journalist Nicole Laskowski ( @TT_Nicole ) explains, “Synthetic data is information that’s artificially manufactured rather than generated by real-world events.

Data 130

Data Modeling Software Procurement Analytics Modeling 130

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Arena Solutions

JUNE 5, 2023

Christine is a Customer Success Coach with Arena and has over 30 years of experience in industrial medical aerospace, food service, and startup environments, responsible for both manufacturing and quality. Purchasing and supply chain. So we’re really excited to have her joining us today. I like to think if I can do it, anyone can.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Exiger Perspectives

MARCH 30, 2023

Issues with Many SCRM Programs Supply chain management and supply chain risk management (SCRM) have become a greater priority for businesses and government organizations in the last five years, according to Gartner. This framework further simplifies the SCRM process and recognizes the complexity of effective risk management.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

Infosys Supply Chain Management

AUGUST 10, 2012

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. Automotive.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Arena Solutions

OCTOBER 5, 2023

Internal audits are vital for companies that manufacture consumer electronics, medical devices, biotechnology, and other industries that develop highly complex products. The latest analytics demonstrate that 81% of consumers say brand trust is a deciding factor when making a purchase. 1 Why do an internal audit?

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

ShipBob

DECEMBER 28, 2022

Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals. Rather than making a purchasing decision off of the initial cost, strategic product sourcing allows you to refine your sourcing process by conducting ongoing market analysis and forming strong relationships with suppliers. .

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

The Logistics & Supply Chain Management Society

JULY 23, 2020

Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. Risk assessment will be focused agenda in Board Room : Risk assessment would be a primary agenda in most bord rooms where high-level guidance would be provided on expected outcomes.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Game Changer

JUNE 2, 2020

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. Several articles and reference books have highlighted Joe’s procurement transformation accomplishments at Lucent Technologies, Juniper Networks, and in the area of Supply Chain Risk Management.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61