Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

NC State SCRC

MARCH 31, 2021

A number of the larger states were hit hardest early in the pandemic, including California, New York, Massachusetts, Texas, and Washington; many of the Mid West states didn’t feel the full wrath of the virus until later. 1] Simon J.

Procurement Analytics 52

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Enterra Insights

MARCH 17, 2022

” And, most experts agree that “every part of the business” includes everything from resource procurement to recycling. To achieve their ESG targets, it must be embedded across every part of the business.” ”[7]. While doing something may sound easy, it’s not always a clear-cut decision.

Supply Chain Design Software 147

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MIT Supply Chain

SEPTEMBER 4, 2014

The SCx curriculum is part of the MITx initiative, the Massachusetts Institute of Technology’s selection of massive open online courses, or MOOCs. Procurement and purchasing. More than 14,000 individuals have already signed up for the first course, CTL.SC1x Supply Chain and Logistics Fundamentals , of the three-course program.

Supply Chain Design Software 88

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Arena Solutions

MARCH 9, 2023

With this seamless connection between cloud-native CAD and PLM systems , all stakeholders in the product development process including engineering, quality, procurement, and supply chain partners are always working on the same version of a design.

Supply Chain Design Software 98

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SCMDOJO

JANUARY 8, 2024

The topics covered vary from last-mile delivery in logistics, and relationship management in procurement to sustainability and digitalization. The Supply Chain Show is your all-access pass to uncovering every piece of the supply chain, logistics, and procurement management puzzle. Go ahead and check them out!

Gartner 105

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Enterra Insights

MARCH 30, 2018

“Procurement departments are poised to benefit from many of the advantages blockchain technology brings, such as cost savings, greater data transparency and shorter lead times. What that also means, and what comes with every ground-breaking technology, is that many markets are put at risk of being displaced.”[1]

Supply Chain Network Software 100

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Herlitz Inventory Management

NOVEMBER 3, 2021

The AGNE website states that while most of its business is in the six New England States (New Hampshire, Vermont, Maine, Connecticut, Massachusetts, and Rhode Island), it has expanded to upstate New York as well. “As With HIMPACT, we expect integration to be swift and require very little internal IT intervention.

Optimal Sourcing 52

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CH Robinson Transportfolio

SEPTEMBER 28, 2021

My answer to this question for shippers procuring long-distance (outside of a given metropolitan area) dry van transportation, for both truckload and less than truckload (LTL), is that approximately 25,000 truck drivers are needed. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity?

Michigan 82

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Bristlecone

OCTOBER 2, 2019

Pulse attendees witnessed the supply chain of the future come alive on the MIT campus in Cambridge, Massachusetts. SWAROVSKI, Best Procurement Transformation. BRISTLECONE IMPROVES MINING COMPANY’S PROCUREMENT OPERATIONS. BRISTLECONE PULSE AT MIT 2019 – IT’S A WRAP! Sleep Number, Best Innovation Initiative.

Optimal Sourcing 40

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Supply Chain Matters

MARCH 29, 2022

Yesterday the company conducted a grand opening ceremony for this new production facility located in Methuen Massachusetts , just up the highway from where this blog originates. This Week’s Grand Opening. onshore presence.

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Supply Chain Matters

MARCH 15, 2023

It will be held on Tuesday, March 28 th , at the MIT Wong Auditorium (Tang Center) , 2 Amherst Street, Cambridge, Massachusetts. This year’s Crossroads event has special meaning in that it is part of ongoing events to commemorate CTL ’s 50th anniversary celebrations.

Massachusetts 52

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EcoVadis

OCTOBER 18, 2018

Bateman also emphasized the differences between visibility, transparency, and traceability and urged procurement executives to prioritize each concept accordingly. But through targeted efforts, and a shift in corporate culture, a sustainable procurement policy was executed by rating Edelman’s “largest spend categories.”. San Francisco.

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Supply Chain Matters

JUNE 27, 2023

Our invited thought leader guest is Doctor Yossi Sheffi, the Elisha Gray Professor of Engineering Systems at the Massachusetts Institute of Technology (MIT) where he also serves as long time Director for the MIT Center for Transportation and Logistics (CTL).

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Proxima

MARCH 22, 2021

The CPO and procurement teams will play a critical role here in navigating the complex supplier landscape and driving positive social change alongside business results. With this shift in focus to the supplier network, new teams and areas of expertise will be needed to drive social value policy. Supply chain scrutiny is increasing.

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Supply Chain Matters

JUNE 15, 2023

In a prior Supply Chain Matters published commentary in May of last year , we highlighted the grand opening of the company’s fifth manufacturing facility located in Methuen, Massachusetts. The privately held company invested upwards of $20 million in renovations of an existing building and on factory automation.

Manufacturing Procurement 52

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Supply Chain Matters

SEPTEMBER 8, 2022

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 Co-founded in 2017 by CEO Kevin Frechette, COO Tarek Alaruri, and CTO Victor Kushch, the company is headquartered in Boston, Massachusetts and has offices in New York and Poland. Expands C-Suite Amid Increased Technology Demand.

Supply Chain Planning Software 52

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MIT Supply Chain

JANUARY 15, 2015

The other members of the consortium are the University of Massachusetts Medical School, which leads the current initiative, the Boston Children’s Hospital, Avenir Analytics, and the Icahn School of Medicine at Mount Sinai. A major challenge is procuring equipment in large quantities so that the items are standardized.

Liberia 40

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Supply Chain Matters

DECEMBER 13, 2022

It includes Transporeon Execution Solutions , procurement, and market intelligence offerings along with Sixfold, a real-time visibility capability aggregating live data from supply chains across Europe leveraging AI based technology. The company’s technology aims to provide a holistic approach to transport management.

Supply Chain Design Software 52

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Supply Chain Matters

JULY 10, 2024

The Waltham Massachusetts based robotics technology provider was founded in 1998 by a consortium of MIT engineers. This tech provider was the beneficiary of the previous $50 million Series B round that completed in January 2020.

Supply Chain Planning Software 52

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Logistics Bureau

APRIL 8, 2016

Supplier employees are stationed at the customer’s site to optimize communication, coordination and procurement with the supplier. In manufacturing, the JIT-II approach was pioneered by Bose Corporation, manufacturer of high-fidelity systems in Massachusetts, US. Just In Time II (JIT-II). Supplier city.

Cost Reduction Strategies 61

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Supply Chain Matters

MAY 12, 2023

DHL Supply Chain to Acquire an Additional 5,000 Locus Autonomous Robots European based logistics services provider DHL Supply Chain announced the expansion of partnership with Massachusetts based Locus Robotics , a provider of autonomous mobile robots (AMRs), increasing its use of Locus AMR robotics within its supply chain operations.

Supply Chain Planning Software 52

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RFgen

AUGUST 14, 2017

In 2014, Massachusetts resident Pierre Picone pleaded guilty to selling counterfeit integrated circuits (IC) to the U.S. Does your procurement system allow you to place vendors on hold while you investigate suspected counterfeit parts? Navy over the course of 5 years. Can it apply sanctions to vendors who have supplied counterfeits?

Aerospace 52

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6 River Systems

NOVEMBER 25, 2020

This way, the client and the operator are completely on the same page (even up to being on the same line of the page) regarding crucial details like goods being dispatched, warehouse goods procurement and delivery at arranged destinations. It builds critical resilience into the logistics process, eradicating manual interference.

Cost Reduction Strategies 52

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Logistics Viewpoints

OCTOBER 4, 2024

One of New England’s Oldest Coal Plant Is Sold by Dynegy to Brayton Point Old coal plants, like Brayton Point in Massachusetts, are sometimes repurposed rather than simply retired. Brayton Point, once New England’s largest coal plant, faced various ownership changes and economic decisions over the years.

South Carolina 284

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Logistics Viewpoints

APRIL 10, 2023

The company, headquartered in Stoughton Massachusetts, is now headed by Adam Franklin. Without a dependable forecast on what would be bought, contract manufacturers could not do effective capacity planning or procurement. Mr. Franklin’s goal is to grow the business substantially. It also did not make for a reliable supply chain.

Security 273

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Enterra Insights

APRIL 22, 2021

” Concluding Thoughts Journalist Matt Leonard ( @Matt_Lnrd ) reports, a study conducted by the Massachusetts Institute of Technology Center for Transportation and Logistics, and the Council of Supply Chain Management Professionals concluded corporations have a lot of room for improvement.

Gartner 147

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Enterra Insights

DECEMBER 15, 2021

If you don’t have time to watch the video, Stank and his colleagues describe the effect this way: “ The bullwhip effect is a business phenomenon first described in the early 1960s by Jay Forrester at the Massachusetts Institute of Technology and more recently explored by researchers at Stanford University.

Supply Chain Design Software 130

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NC State SCRC

AUGUST 31, 2021

Think of the film that came out a few years ago: “ The Perfect Storm “, which describes how a boat in Massachusetts was lost at sea. How much of the current demand is TRUE demand vs. over ordering by panicked procurement professionals? In my opinion, what we are seeing are true shortages, coupled with excess demand.

Forecasting 98

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NC State SCRC

JULY 28, 2020

Yesterday I spoke with a procurement executive at a major hospital in the Northeast. He is deploying advanced procurement technology in his hospital, and has been on the front lines of the COVID crisis. This is someone that I know and respect, and who is considered a highly proactive and informed individual. We can do better.

Material Savings 52

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ivalua

AUGUST 28, 2019

National survey of state procurement officials finds states are moving toward a more modern approach to buying. The report ranks state procurement offices based on their extensive survey responses and examines some of the best practices from each state. Leading states include Michigan, Georgia, Massachusetts, Ohio and New York.

Procurement Analytics 124

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GlobalTranz

JANUARY 31, 2017

iconic places, such as the Route 128 tech corridor around Boston, Massachusetts; Research Triangle Park in Raleigh, Durham, and Chapel Hill, North Carolina; Austin, Texas; Seattle, Washington; and, of course, California’s white-hot Silicon Valley. Internet of Things, smart cities, etc.);

Innovation 184

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Freight Plus

JULY 26, 2022

With revenue and employee count quadrupling over the past five years, FreightPlus was named the second-fastest growing privately held company in Massachusetts by the Boston Business Journal. Garrett will focus on improving carrier relationships and interactions through utilizing technology and strategic processes.

Price Reduction 52

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My Office Apps

MAY 5, 2020

. “The structure of the workforce is changing, but I don’t think artificial intelligence is essentially replacing jobs,” said Dr. Hossein Rahnama, founder and CEO of artificial intelligence concierge company Flybits and visiting professor at the Massachusetts Institute of Technology.

Logistics Network Optimization Software 52

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My Office Apps

MAY 5, 2020

. “The structure of the workforce is changing, but I don’t think artificial intelligence is essentially replacing jobs,” said Dr. Hossein Rahnama, founder and CEO of artificial intelligence concierge company Flybits and visiting professor at the Massachusetts Institute of Technology.

Logistics Network Optimization Software 52

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