ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. export regulations led to supply chain disruptions. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

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 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. But when your supply chain isn’t meeting the company’s goals, what do you do? But when your supply chain isn’t meeting the company’s goals, what do you do? Creating a new supply chain strategy can be complicated, if not daunting.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

OCTOBER 26, 2023

So why are so many still falling short of OTIF targets (and other key metrics)? Planning is practically useless anymore I’ve said it plenty — supply chain volatility is the new normal. That means planning still has its place, but its role is diminishing.

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

SYSPRO Smarter ERP

APRIL 17, 2023

Predictive analysis: Utilize BI solutions to predict future trends in demand for products or potential supply chain disruptions, enabling manufacturers to plan and make informed decisions while mitigating risks.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment.

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

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

ModusLink Corporation

OCTOBER 16, 2023

Technology and Visibility ModusLink leverages advanced technology solutions to provide real-time visibility into the supply chain. With sophisticated tracking systems, clients can monitor inventory levels, shipment status, and performance metrics, enhancing decision-making and responsiveness to supply chain challenges.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

Elementum

AUGUST 3, 2022

A typical process of supply chain management includes the following steps: Plan Planning is the first step in the supply chain process. Here, businesses develop a strategy to address how their products and services will meet the needs of their customers.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

Precoro

DECEMBER 11, 2023

With strategic sourcing, historical and current data are collected in order to analyze established processes, predict market requirements, maximize purchasing power, and align purchasing strategy with organizational objectives. Sourcing strategy Next, the sourcing team creates an actual sourcing strategy. Building risk strategy.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

QAD

FEBRUARY 7, 2023

Create and Maintain a Strategy The person in charge of supplier relationship management must determine a strategy for each supplier so that the relationship remains efficient. Those in charge of SRM must establish a strategy that generates a beneficial relationship for both parties.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

Logility

APRIL 29, 2021

As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media. The Costs of Non-Compliance. It’s all about mitigating risk.

Optimal Sourcing 203

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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This entails staying well-informed about industry trends, harnessing technology for improved decision-making and transparency, nurturing strong partnerships with service providers, and continuously evaluating and refining procurement strategies to address the evolving complexities of container shipping.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

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

DELMIA Quintiq

MAY 17, 2022

Many organizations are still struggling to understand and implement basic Sales and Operations Planning processes to cope with supply chain disruption. Are they truly separate processes and how should organizations factor them into their supply chain strategy?

S&OP 156

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 156

American Global Logistics

JULY 14, 2023

According to the Council of Supply Chain Management Professionals (CSCMP) the cost of U.S. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. All these help mitigate disruptions to supply chains. The cost of U.S.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

SYSPRO Smarter ERP

NOVEMBER 22, 2021

In a 2020 SYSPRO survey it showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. Where your business has identified the need to develop a digital strategy, but execution is on project basis. Or are you a digital disrupter?

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Analytics Software Vendor Strategies 111

Supply Chain Shaman

JUNE 30, 2018

Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

Supply Chain Design Software 161

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 161

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. But the core is the ROI analysis.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

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. Market shifts are among the main reasons for unfavorable price variance.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logility

FEBRUARY 3, 2022

Ignoring corporate social responsibility (CSR) risks exposing your company to fines, supply chain disruptions, and brand-eroding public scorn. To be effective, sustainable business practices must originate at the top, and they must extend through all tiers of the supply chain.

Sustainability 130

Sustainability Vendor Strategies Expense Reduction Cost Reduction Strategies 130

Supply Chain Matters

MARCH 12, 2024

Ongoing supply chain disruptions related to late arrivals add to the pressures for maintaining a monthly output cadence. According to a Boeing communication, workers within the commercial aircraft business unit will now have upwards of 60 percent of their annual incentive bonus score predicated on safety and quality metrics.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. An important aim of successful negotiation strategies is to secure the best possible terms and value for the organization while maintaining a positive and productive relationship with the supplier.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

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

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

Unleashed

FEBRUARY 6, 2023

As a result, many have now switched to the more reliable Just in Case stock control (JIC) strategy. Just in Case stock control is an inventory replenishment strategy in which extra stock is kept in reserve as a buffer in case of unexpected demand or supply chain disruptions. You can’t sell products you don’t have.

Material Savings 52

Material Savings Inventory Reduction Modeling Cost Reduction Strategies 52

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.”. Users are then informed of the potential delay that could be caused for each PO, due to this event.”.

Procurement Solutions 62

Procurement Solutions Procurement Analytics Predictive Analytics Software Predictive Analytics 62

Supply Chain Shaman

MARCH 9, 2020

A decline in consumer sentiment, increasing market turmoil, and pending supplier shortages means one thing for the supply chain: disruption. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points. The role of the supply chain planner is not designed for success.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Matters

FEBRUARY 17, 2023

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. This was noted as the highest level since 2019, a pre-pandemic measure.

Supply Chain Transformation 52

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

Taulia

AUGUST 29, 2023

There’s no one way to handle supply chain management, with different approaches suiting different objectives. But, by adopting the following 11 best practices for supply chain management, businesses can lay the groundwork for a successful strategy and build a supply chain that meets their needs: 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

Supply Chain Matters

OCTOBER 12, 2022

Our conclusion from this latest data was that global supply chains have now transitioned away from supply driven contraction to that of product demand driven. This is a significant milestone for ongoing planning and execution strategies. GSPI Index Continue to Moderate. for September.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. Days Inventory Outstanding (DIO) is a liquidity metric which measures the average number of days inventory is held in a business before it is sold. Here are some strategies for achieving that.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Arena Solutions

APRIL 4, 2023

If they are unsuccessful, they can better understand what went wrong and adjust their strategy going forward. Supply chain insourcing Supply chain disruption seems to be a permanent condition. Manufacturers may now integrate supply chain information with product manufacturing plans.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

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