This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The high-tech firm is more than a manufacturer of PCs, tablets, smartphones, and servers. The company has more than 2000 suppliers and operates over 30 manufacturing sites. Jack Fiedler : We’re unique in the technology industry. We run one of the few truly hybrid supply chain networks. Factories serve local markets.
While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. It is a brilliant tool.” Those types of disagreements disappear in a SCCN platform.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
When you talk to companies that have implemented enterprise or supply chain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex implemented a multi-enterprise supply chain networkplatform from SAP called SAP Business Network.
I laugh when business leaders tell me that they are going to replace their current supply chain planning technologies with “AI.” Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. You are right.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Manufacturing plants are deeply entrenched; tied to infrastructure, suppliers, skilled labor, and regulatory requirements.
A data-driven, technology-enabled approach is required to build resilience and efficiency. Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. Sustainability tracking systems are also ensuring compliance with evolving ESG regulations.
Enterprise resource planning (ERP) systems, while effective for tracking transactions and inventory levels, lack the predictive capabilities needed to anticipate and mitigate risks. This system allows for dynamic inventory adjustments across warehouses, reducing stockouts and minimizing excess inventory.
Supply chains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Blockchain technology is supporting this by providing a secure, decentralized, and tamper-proof method for real-time product tracking.
Running a manufacturing business isn’t easy. That’s where a manufacturing ERP comes in. Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. It’s a lot to handle. Let’s get started.
They emphasized being an Industry Cloud Complete Company with industry-specific solutions for over 2000 micro verticals across Process Manufacturing, Distribution, Service Industries, and Discrete Manufacturing. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
A supply chain planning application is the core technology that enables robust planning. Interestingly, while demand for SCP applications has slowed, the investments made by leading SCP suppliers show that they are determined to make their planning platforms capable of supporting greater agility. More than 5.6
The supply network–shipments and production of trading partners–represents over 70% of the environmental impact of supply chain decisions. Despite the importance, the investment in networks to automate the information flow between trading partners remains low. Networks take three forms–demand, design, and supply.
Fictiv , a global supply chain technology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. Once closed, Fictiv will join MISUMI.
Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. When a critical Tier-2 supplier is affected by a tariff policy change or regional shutdown, the ripple effects often catch manufacturers by surprise. Finally, rigid fulfillment networks compound the problem.
Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Polaris Industries Polaris Industries , a powersports manufacturer, integrated probabilistic demand planning into its supply chain strategy.
It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. Network bottleneck identification. Network cost modeling. The planning platforms need to evolve with changing business needs.
This approach significantly improves forecast accuracy and enhances decision-making across distribution networks. Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. The result?
If you’re evaluating procurementtechnology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. But when spend is scattered across systems, business units, and suppliers, finding those insights is easier said than done.
If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges. For logistics teams, digital control towers add maximum value when they’re integrated with the transportation management system (TMS). Warehouse Task Automation.
The three steps in realizing the vision are 1) flexible, reconfigurable plant; 2) global manufacturingnetworks of flexible, configurable plants; 3) the integration of the previous step with digital, certified, encrypted product definitions. flexible manufacturing in fast-moving products. The report is available on demand.
As my client explains that they are delaying their project to build network interoperability due to complications with their Enterprise Resource Planning (ERP) upgrade, I tap my foot and sigh. While the desire to improve network interoperability is high, the organization’s mindset is focused on transactional efficiency.
Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Investment in Legacy Technologies. The industry continues to invest in technology architectures that are inside-out and limited. A failed blogger.” The reason?
GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .
The era of paper-based systems and physically monitoring the supply chain is ending. The definition of the IoT sums it up; it is “a network of dedicated physical objects that contain embedded technology to sense or interact with their internal state or external environment.”. Where Do We Stand Today? Warehouse Management.
Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Manufacturing process complexity, including sourcing of complex parts and part relationships. If nothing else, the last few years highlighted the importance of sourcing strategically.
Before digital tools entered the scene, thats almost exactly what procurement used to feel like. Come along while we take a look at emerging tech tools and dig deeper into how cost estimation is being transformed into something faster, smarter, and surprisingly budget-friendly. This is exactly what digital tools are delivering.
Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.
We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. These disconnections can seriously hurt manufacturers and retailers in today’s online, service-driven economy where consumer expectations are defined by the Amazon experience.
This is amplified across the supply chain into an exponential impact on inventory and planned orders for manufacturing. When we measure the bullwhip impact (in my class on outside-in process thinking), the bullwhip between manufacturing and procurement is 2-3X. Don’t have digital twin technology? Signal Latency.
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.
In Orlando, thought leaders, procurement professionals, and supply chain executives came together under the theme of building resilient, responsive supply networks. Read our latest eBook to learn how our intelligent platform is helping organizations simplify complexity, accelerate response, and build lasting resilience.
Technology can change or even improve work. We still plan like it is 1999–when we were bracing for Y2k–versus using new forms of technology to improve planning. Using design theory, the current definitions of planning have regressed despite the advance of promising technologies. What’s missing?
NYSE: ETWO), the connected supply chain SaaSplatform with the largest multi-enterprise network, today announced that e2open has been positioned by Gartner as a Leader for the third consecutive year in the 2025 Magic Quadrant for Transportation Management Systems1. and/or its affiliates in the U.S.
If you were tasked with procuring the best supply chain IT system, what would you look for? ERP, APS, SCM Systems Explained Organisations often use these systems together because each serves a distinct but complementary purpose. SCM then takes these plans and helps execute them across your entire supply chain network.
The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. My Point of View (POV): current processes and technologies are insufficient. When he speaks of the supply chain, he means procurement.
During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Show the technology vendors touting digital and AI transformation the door.
Keeping track of all your moving parts in manufacturing is a tall order. That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. Spreadsheets just don’t cut it anymore.
That’s the power of manufacturing data collection. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition.
Leveraging advanced technologies like AI, machine learning, and real-time tracking can enhance visibility, optimize routes, and improve overall supply chain efficiency. Korber and KKR announce the strategic acquisition of MercuryGate to strengthen their supply chain software business.” SunPower has lived many lives over the decades.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The supply chain technology market is responding. Today, supply chain excellence matters more than ever.
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content