Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? The research encompasses organizations across industries and sectors, with focus on North America and EMEA. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains.

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Data Sharing and Procurement. Focus on Cost. A Decline in Innovation.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

NOVEMBER 17, 2022

The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs. About 73% of the aluminum cans in the US come from recycled scrap.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

The Logistics of Logistics

NOVEMBER 5, 2021

He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. Cassandra Gaines. Prior to the podcast Joe served as GM and COO for a non-asset based 3PL and led a supply chain consultancy, focused on the automotive sector.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

Supply Chain Matters

AUGUST 26, 2022

Today, an exclusive report published by The Wall Street Journal indicates that Panasonic Holdings , one of the primary electric battery suppliers to EV auto maker Tesla , is in discussions to build a third U.S. Part of Broader North America Based EV Supply Network Investments. based production facility.

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Material Savings Manufacturing Procurement 52

Supply Chain Matters

SEPTEMBER 18, 2023

Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

Logistics Viewpoints

MARCH 2, 2023

Much of this newfound optimism is attributable to a record jobs report in January – and yet we’ve seen a spate of layoffs in tech and other industries. After months of dire predictions, many in the financial community are lowering the odds of a recession in the next year. Reduced working capital.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

The Logistics of Logistics

JUNE 23, 2022

Now, it’s also important to realize that produce grown in North America may not be subject to lockdowns in Shanghai, but there’s another factor at play. In April, a USA TODAY report stated that Walmart increased annual driver starting wages by $7,500 to $25,000. over the 2021 cost, such as in the New England region.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.

Supply Chain Planning Software 47

Supply Chain Planning Software Optimal Sourcing Study Supply Chain Software 47

Enterra Insights

FEBRUARY 4, 2022

Last October, Bloomberg reported, “In Denver, public-school children are facing shortages of milk. He tells her, “Many intelligence reports on obtaining foodstuffs are contradictory; even more are untrue, and most are illogical.” .” We all have to eat and we should be strategic in how we obtain our rations.

Military 130

Military Food North America Denver 130

Supply Chain Matters

AUGUST 1, 2023

As such, candidates for this program can stem from finance, IT, project management or center of excellence roles, in addition to supply chain areas of procurement, planning, execution or other areas and backgrounds depending on the scope and emphasis of the transformation. We especially applaud ASCM in this approach.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Transformation Buyer Training 52

Supply Chain Matters

JULY 26, 2022

This week, in conjunction with General Motors reporting of Q2-2022 financial performance, the auto maker disclosed that it had secured strategic supply agreements to support one million electric powered vehicles in North America by 2025. Some Broader Context. While revenues increased 5 percent to $35.8

Material Savings 52

Material Savings Supply Chain Planning Software Sourcing Strategies Modeling 52

Supply Chain Matters

NOVEMBER 23, 2022

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. Announcement. South Korea based LG Chem announced this week a planned $3.2 The facility reportedly will supply battery component needs for U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU.

Price Reduction 259

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 259

Synovos

DECEMBER 4, 2023

“Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Synovos

DECEMBER 4, 2023

“Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52

Supply Chain Matters

JANUARY 19, 2024

Magazine as one of the fastest growing technology companies in North America. According to reporting by The Wall Street Journal , the tech provider has been awarded contracts to a number of U.S. governmental agencies to include U.S. The transaction is expected to close in the first quarter of 2024, following customary approvals.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. To learn more on this topic, watch “ Best Practices for Freight Rate Procurement in Today’s Market.”. We believe there is no such thing as a bad outcome from a benchmark event.

Benchmarking 100

Benchmarking Negotiating Skills Price Reduction Cost Reduction Strategies 100

Supply Chain Matters

JUNE 17, 2022

A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Supply Chain Planning 52

Supply Chain Matters

MARCH 23, 2022

Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. Upwards of 3,000 rail workers reportedly returned to work yesterday to resume rail operations across North America after a breakdown in labor settlement talks occurred last Saturday.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Bristlecone

OCTOBER 29, 2020

For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. Recent highlights include: Go-lives across North America, Europe, Asia and the Middle East. Performance Management. Request a Meeting.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. According to E2open’s latest Supply Chain Innovation Report, the top action that organisations foresee to create a more resilient supply chain is diversifying their supplier base (40%).

Supply Chain Planning Software 246

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

Supply Chain Matters

MARCH 15, 2023

The global automaker has previously indicated a strategy to establish regionally based EV supply networks to support the major markets of Europe , China , and North America. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America.

North America 52

North America Canada America Material Savings 52

Supply Chain Matters

AUGUST 7, 2023

The July report narrative specifically indicates: “ We continue to see very different outcomes for the overall economy and the logistics industry. The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process. declined 0.2

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

CH Robinson Transportfolio

JUNE 9, 2022

In fact, today you can procure freight rates from your transportation providers right in your TMS. There are many reasons to supplement your spot freight procurement with automated processes sooner rather than later. Access real-time rates earlier in your procurement process—making it easier to cover loads and secure quality service.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Supply Chain Matters

MAY 22, 2023

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reported an April 2023 value of 50.9,

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

Supply Chain Matters

AUGUST 2, 2022

Last week provided a flurry of quarterly financial performance reporting that provided added evidence of ongoing supply chain cost inflation impacting various industries. percent in North America. Let’s explore a few examples. Consumer Product Goods Industry. Higher costs reportedly have resulted in a 2.8 Online Retail.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

Supply Chain Game Changer

JULY 2, 2021

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. For example, Maersk reported a net profit of $2.7B

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Jaggaer

FEBRUARY 12, 2020

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Technology companies in North America and Europe are especially dependent on contract manufacturing in China and just-in-time shipments.

Supply Chain Network Software 88

Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software Global 88

Supply Chain Matters

MARCH 29, 2023

Last week our news feed included an exclusive published report from The Wall Street Journal , Rivian Moves More Engineers Near Illinois EV Factory to Speed Up Output (Paid subscription required). According to the report, any engineer not willing to relocate will be offered severance and a new hire will be made that is willing to co-locate.

Automotive 52

Automotive Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 52

ivalua

MARCH 14, 2019

Ivalua builds momentum as technology platform of choice for public sector procurement. eMaryland Marketplace Advantage is a technologically advanced electronic procurement system designed to make state procurement and business processes more efficient, transparent, secure, and user friendly for all stakeholders.

Maryland 124

Maryland Analytics Software Procurement Sourcing Strategies 124

BlueYonder

MAY 14, 2021

Rising demand in North America and Europe led to increased freight moving on the Suez and Pacific routes, which meant more full containers inbound versus outbound, leading to global container shortages. In fact, the BBC reported one retailer paying £10,000 compared to £1,600 in the span of three months.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Supply Chain Matters

SEPTEMBER 8, 2022

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 This provider describes itself as an AI- enabled procurement Cloud platform built for the sourcing of lower-dollar, non-strategic purchases, commonly referred to as “ tail spend.” Expands C-Suite Amid Increased Technology Demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported 50 value for February was up 0.9

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. While companies “talk” about collaboration with suppliers, in reality, the procurement organization is doing the opposite due to financial re-engineering placing more responsibility on the role of banks to fund working capital in the value chain.

Optimal Sourcing 168

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 168