NC State SCRC

OCTOBER 26, 2021

Major supply chain disruptions due to weather related incidents are on the rise, and one can’t dismiss these as a “once in a century” event any more. Gulf Coast export PVC prices were assessed at $1,900 a metric tonne for the week of Sept. However, worse was to come. 10, up 28% since the beginning of the year.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Supply Chain Texas 52

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions.

Pharmaceutical 95

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 95

QAD

MARCH 9, 2023

The COVID-19 pandemic exposed vulnerabilities in supply chains around the world and the dust has never settled. Positive cases have been on a downward trend but supply chain disruption shows no sign of slowing down. That means looking at the right metrics.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

Logility

JANUARY 4, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced a partnership with Planalytics, Inc. We are excited to help businesses better manage supply chains by operationalizing weather impact analytics within their Logility solutions,” said Scott Bernhardt, president, Planalytics.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

SYSPRO Smarter ERP

APRIL 17, 2023

Business intelligence in manufacturing Here are a few ways business intelligence can enable manufacturing organizations to be data-driven: Data analysis: Harness data from various sources like production lines, suppliers, and customers, to identify trends, patterns, and anomalies.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

Logility

APRIL 29, 2021

Supply chain disruptions such as these may force a business to find new inshore or offshore suppliers, all of whom must be thoroughly vetted for compliance with regulatory and corporate standards. Risks are dynamic, affected by everything from climate change to human trafficking to politics.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

QAD

OCTOBER 18, 2022

Am I contributing to society by buying an environmentally sourced and produced product to have a greener planet? As previously mentioned, your company may need to extract supplier risk information from multiple sources to capture all the risk factors that can impact your business. Are the employees provided a living wage? Stay tuned!

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

TMC

NOVEMBER 18, 2015

There are many ways to measure supply chain performance in terms of resilience, but there is one that’s easily overlooked even though it is gaining in importance: Detection time. In other words, the amount of warning time during which the company can prepare for and mitigate the disruption.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

QAD

AUGUST 29, 2023

Collaboration with suppliers can help organizations stay on top of supply chain disruptions, such as delays or shortages, and proactively address these issues to minimize the impact on the organization. What Do Organizations Need to Focus on Data Collaboration? How Can One Achieve Collaboration Forecasting?

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

ivalua

NOVEMBER 25, 2020

When Covid-19 hit, supply chains across the globe nearly came to a halt. According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. You can see the full diagram and read the report here.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Supply Chain Matters

MARCH 12, 2024

The development, initially reported by The Wall Street Journal citing informed sources, involves the interviewing of passengers and crew members who were on-board the aircraft at the time of the incident. Ongoing supply chain disruptions related to late arrivals add to the pressures for maintaining a monthly output cadence.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Adexa

JULY 17, 2023

Enhanced agility and responsiveness: Digital transformation empowers organizations to quickly adapt to changing market conditions, customer demands, and supply chain disruptions. Data-driven insights and analytics: Digital technologies enable the collection, integration, and analysis of vast amounts of supply chain data.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Logility

JANUARY 26, 2022

Customs and Border Protection Agency’s Withhold Release Order (WRO) on cotton products sourced from China and other countries in south-east Asia. Fashion brands can collaborate with suppliers continuously to manage and verify that predetermined environmental and social metrics are being met. Add to this the U.S.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

Logistics Viewpoints

APRIL 4, 2022

Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. But the company understands this is not enough; they need more visibility to the end-to-end value chain.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. Freight Procurement The actual Freight Procurement Stage is the heart of the transportation service sourcing process for shippers.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

SYSPRO Smarter ERP

APRIL 11, 2022

The modern CFO nee ds to understand digital technologies and their impact, and those who do so will become the key source for data-driven decision making and drive their organizations to be more agile, dynamic, and successful. According to the 2021 SYSPRO CFO 4.0

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

Arena Solutions

APRIL 4, 2023

Manufacturers are leveraging big data to provide them with a comprehensive picture of their business thanks to the ability to acquire information from an ever-increasing variety of sources. Supply chain insourcing Supply chain disruption seems to be a permanent condition. Mexico’s proximity to the U.S.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

QAD

FEBRUARY 7, 2023

This requires establishing KPIs and specific metrics of success to assess performance against. The need for effective supplier relationship management is arguably greater than ever due to supply strains of geopolitical issues, chip shortages, port congestion and other supply chain disruptions.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

SYSPRO Smarter ERP

MARCH 2, 2022

This is used for a potentially vulnerable supply chain and ensures goods can keep flowing in a manageable way. To mitigate the risk of unexpected supply chain disruptions, sourcing strategies will need to be revised. Resiliency.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. Leaders are blind that the most efficient supply chain (lowest cost) is not the most effective. Change internal metrics to a balanced scorecard and force the functions to work better together. Today’s supply chains respond, but they do not sense. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

ivalua

NOVEMBER 29, 2022

In fact, 44% of respondents noted supply risk as a top priority, while 27% cited ESG as a priority–and the percentage of CPOs that have prioritized savings has nearly doubled year over year since 2021. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Resilinc

FEBRUARY 16, 2021

“Our Predictive PO On-Time Delivery solution is a big first step to achieving hyperautomation, freeing up supply chain pros to focus on developing more proactive supply strategies, versus taking a reactive approach.”.

Procurement Solutions 62

Procurement Solutions Procurement Analytics Predictive Analytics Software Predictive Analytics 62

QAD

JUNE 17, 2021

This helps them comprehend their ability to cope with supply chain disruption. Integrated Supplier Management is one of the five critical capabilities of an Adaptive Manufacturing Enterprise, coupled with: Connected Supply Chain Management.

Supplier Management 98

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 98

Taulia

AUGUST 29, 2023

For example, a digital SCM platform can simplify supplier management and offer increased supply chain visibility while also offering centralized access to solutions like supply chain finance (SCF), which they can use to strengthen their working capital position.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. Leaders are blind that the most efficient supply chain (lowest cost) is not the most effective. Change internal metrics to a balanced scorecard and force the functions to work better together. Today’s supply chains respond, but they do not sense. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

DynaSys

JANUARY 20, 2021

And be able to apply such plans to the nature and scope of whatever disruptions arise in the future. When it comes to supply chain disruptions, your ability to weather storms financially depend on these factors. Though this is not the only customer management priority it becomes more important during disruptive periods.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 98

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. Potential Sources of Disruption. Transport network disruption. Identifying sources of risk and developing a plan are only part of the story.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Supply Chain Matters

FEBRUARY 17, 2023

The same source, Birinyi Associates, indicated that U.S. According to a published report by S&P Global Market Intelligence , more than one in five listed S&P 500 Companies increased their earnings-per-share metric by a least 4 percent by the third quarter of last year. firms announced a record $1.26

Supply Chain Transformation 52

Supply Chain Transformation Supply Chain Planning Software Cost Reduction Strategies Expense Reduction 52

Resilinc

FEBRUARY 7, 2023

YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. In this blog, we’ll take a look at the supply chain trends that shaped the automotive industry in 2022. ESG Concerns About Battery Minerals Major ESG questions also loom over the sourcing of critical battery minerals.

Automotive 62

Automotive Industrial Industry Manufacturing Procurement 62

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 287

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 287

GlobalTranz

SEPTEMBER 23, 2021

As a result, flatbed will grow tighter as 2021 wears on, and shippers in need of flatbed will need to rethink their strategies, such as working with more regional carriers to source capacity and create long-haul moves without necessarily requiring a long-haul driver for every movement. to avoid significant supply chain disruption.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Kinaxis

FEBRUARY 3, 2020

As soon as they have this information, these planners investigate alternative sourcing using scenario planning playbooks. They find a facility that can fulfill orders and restore health to the entire supply chain. Planners even use key business metrics to evaluate the financial impacts of changing production facilities.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 273

Unleashed

AUGUST 20, 2023

Lead time includes both the time it takes to complete the standard process tasks and any delays that might occur due to various factors, such as supply chain disruptions, machine downtime, or unexpected quality issues. This can help mitigate delays caused by unexpected supply chain disruptions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Procurement Academy

OCTOBER 19, 2023

Starbucks’ commitment to fair trade negotiations resulted in three worthwhile endeavors: sustainable and ethical sourcing practices, improved living conditions for coffee farmers, and a unique selling point that attracted socially conscious consumers.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52