HICX Solutions

JANUARY 27, 2022

Regarded as an essential soft skill for procurement and supply chain professionals, the process of Supplier Relationship Management encompasses a detailed approach to procurement management and obtaining and enhancing the post-contract value from relationships. What Are the Benefits of Supplier Relationship Management?

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Logility

JANUARY 22, 2014

This blog post is in response to recent results from the APICS/Logility Survey, Consumer Goods S&OP research, and ChainLink’s end-user research. I recently read a very good survey by Consumer Goods Technology , focused on S&OP. All that brain power and no way to scale their discussion, analysis, and decisions!

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

Supply Chain Shaman

SEPTEMBER 20, 2015

” Currently working on a series of surveys to help clients answer these two questions, I struggle with the current state. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In So, why did I ask SanDisk to present? I like Kehat’s story.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Talking Logistics

MAY 8, 2013

Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World , a nonprofit group that is “building a coalition of consumers, businesses, and governments to disrupt the system of slavery.” Check out the short video below for an overview.

Supply Chain Planning Software 239

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 239

HICX Solutions

APRIL 5, 2022

In a webinar on Putting Supplier Experience Management at the Forefront of Strategic Procurement , Procurement practitioners discussed how the COVID-19 pandemic made companies realize they have to start viewing different situations from the suppliers’ perspective and adopt a Supplier Experience Management (SXM) approach.

Just-in-Time 52

Just-in-Time Procurement Supply Chain Software Demand Planning Software 52

SupplyShift

MAY 19, 2023

Conducting global operations across multi-tier or even single-tier supply chains presents numerous sustainability-related risks and opportunities. It’s still common to see responsible procurement and other sustainability-related functions as secondary responsibilities for a lone individual at a company, which is not scalable.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Resource Reduction Material Savings 52

Supply Chain Game Changer

JANUARY 12, 2021

According to PwC’s Global Economic Crime and Fraud Survey 2020 the total cost of these crimes is $42 billion. As stated by Wikipedia : he Fraud Triangle describes three factors that are present in every situation of fraud: Motive (or pressure) – the need for committing fraud (need for money, etc.);

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 57

ThroughPut

OCTOBER 16, 2022

A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. Many managers use an annual inventory budget which is usually prepared well in advance before the inventory is procured.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

MIT Supply Chain

NOVEMBER 5, 2020

Another manufacturer has deployed eight bots in areas such as procurement planning. In a survey of roundtable attendees, seven participants reported that adopting RPA has improved process productivity in their organizations by 21% or more. Others at the roundtable were not as advanced in their RPA journeys.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 52

Material Handling & Logistics

DECEMBER 14, 2018

It arrives from an array of sources, and it is presented in a variety of formats. The global tax and advisory firm surveyed nearly 2,200 senior executives worldwide and found that just over a third (35%) reported a “high level of trust” in their company’s data and analytics usage. More data is coming in than ever before.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

NC State SCRC

FEBRUARY 13, 2021

Unethical working conditions among apparel supply chains present substantial challenges for brands’ pursuit of corporate social responsibility (CSR) and generate systemic dysfunction. The EAI will provide a third-party metric to generate marketing media (e.g., Finally, inputs from this research will generate the EAI framework.

Apparel 59

Apparel Optimal Sourcing Supply Chain Design Software Manufacturing Procurement 59

SupplyShift

OCTOBER 13, 2021

Procurement is emerging as a particularly helpful and strategic function to sustainability efforts and setting supply chain sustainability goals. Elevating procurement’s role before setting sustainability goals can be a useful and facilitative practice. Both types use quantitative metrics but have slight differentiators.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain Software 52

SupplyShift

OCTOBER 13, 2021

Procurement is emerging as a particularly helpful and strategic function to sustainability efforts and setting supply chain sustainability goals. Elevating procurement’s role before setting sustainability goals can be a useful and facilitative practice. Both types use quantitative metrics but have slight differentiators.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain Software 52

New Horizon Supply Chain Blog

JUNE 18, 2022

On the other hand, if you are in procurement at the same company and are responsible for buying milk from dairy farms, the item/store/daily forecast is more detail than you need. The table below shows forecast and actual values and then the calculated mean absolute percent error (MAPE), the most common forecast accuracy metric.

Forecasting 52

Forecasting Supply Chain Planning Scenario Planning Supply and Demand 52

ShipBob

NOVEMBER 15, 2021

Procurement and manufacturing. Treat procurement and manufacturing as part of your logistics network , as opposed to a silo. Include demand forecasts in your procurement planning, so that you do not accidentally over- or understock particular SKUs. Logistical Process. Planning tips. Find the right supplier or manufacturer.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

SYSPRO Smarter ERP

JANUARY 9, 2023

Whether it’s information about suppliers, procurement, inventory management, factory operations, sales or service, an integrated ERP solution has the data necessary to make decisions. It then becomes and question of how to present that information. How data can be used to link business goals and metrics. Review and refine.

Analytics Software 111

Analytics Software Manufacturing Procurement Inventory Management Software Predictive Analytics Software 111

Unleashed

APRIL 12, 2023

B2B fulfillment presents unique challenges and benefits not found in standard B2C fulfillment processes. B2B procurement contracts can last for prolonged periods and be worth millions of dollars. Learn more: 12 Warehouse Metrics & KPIs You Should Be Tracking 3.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

6 River Systems

DECEMBER 11, 2018

“With better communication tools present, businesses can also build their collaborative rapport across the supply chain to eliminate confusion. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JUNE 29, 2020

” — PwC’s COVID-19 CFO Pulse Survey , PwC; Twitter: @PwCUS 9. Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” “During the present pandemic, remote business operations have proven to be paramount.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Material Handling & Logistics

NOVEMBER 2, 2017

Revenue and employment growth are predicted for the next 12 months, but manufacturers are concerned about cybersecurity risks, according to a new study, the 16th annual Purchasing and Manufacturing (PM) Survey, from Primate Advantage. A survey record high of 65% of respondents predicted to add headcount in 2017, and 50% have already done so.

Manufacturing Procurement 46

Manufacturing Procurement Procurement Analytics Optimal Sourcing Manufacturing 46

Logistics Bureau

JULY 27, 2016

5) When you are on top of supplier performance, you can make procurement and purchasing decisions which are better informed. Process and practice evaluation can be resource intensive, requiring the development of surveys and questionnaires, or perhaps physical inspections/audits of suppliers’ facilities.

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

ivalua

FEBRUARY 11, 2021

What will Procurement Best Practices be in 2021? The problem was compounded by the pandemic, and beginning in March last year, CPOs and procurement leaders were really put to the test. . Ardent Partners Procurement Metrics That Matter, Feb 2021. Prediction 3: Procurement will drive critical business strategies in 2021-22.

Manufacturing Procurement 246

Manufacturing Procurement Optimal Sourcing Predictive Analytics Software Procurement 246