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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania. Be Sociable, Share!

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Consequently, staying on top of these financial trends gives manufacturers a critical edge in predicting their bottom line. Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle. Doug has a B.S. He is leading global marketing activities for upstream procurement.

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Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

While my town in Pennsylvania is releasing restrictions, and people are starting to gather again in large groups, I say, “We cannot be too careful.”. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. A Long Road Ahead.

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Analyzing Supply Chain Risk

Enterra Insights

Identifying Potential Fraud : Grover notes, “Big Data can be put to use to detect frauds which could take hours of manpower and numerous interviews to zero-in on the likely source.” As useful as this type of analysis can be, it’s also the most difficult, and therefore the least attempted — among these three types. ”[7].

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Warehousing News Roundup: April 8, 2019

Stord

True Value is investing $150 million in upgrades to its supply chain that will cover a new distribution center in Pennsylvania, ordering software, and more. Macy’s hired its first chief supply chain officer (CSCO) to oversee sourcing, inventory management, distribution, and sustainability. This number fell by 5.4% Thoughts or comments?

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. And they are especially vulnerable to fickle market trends and shifting consumer behaviors. Digital Twin Applications For instance, say you’re a manufacturer or distributor. Get the insights you need.