ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021.

Supply Chain Transformation 162

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

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. And that’s precisely what’s on the horizon for supply chain analytics.

Prescriptive Analytics Software 52

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

ModusLink Corporation

APRIL 22, 2024

End-to-end management of component procurement, inventory management, and JIT delivery. Continuous improvement initiatives driven by data analytics and feedback mechanisms. Predictive analytics to anticipate supply chain disruptions and mitigate risks.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

LevaData

JANUARY 23, 2020

Although there’s no shortage of annual predictions at this time of the year, we wanted to share some trends that consistently come up on our platform, across our customers and in the news. Risk management will evolve into a core strategic sourcing discipline. To manage, sourcing professionals will have to find ways to adapt.

Predictive Analytics Software 52

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Negotiating Skills 52

ivalua

FEBRUARY 4, 2020

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. Source: 2019 Supply Chain Data Quality and Governance Study. Source: 2019 Supply Chain Data Quality and Governance Study. But it’s not easy. This means no siloes.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. A recent study focusing on the resilience of high tech, auto and CPG companies found that 80% of their production facilities in the U.S. In the U.S.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 83

ivalua

APRIL 12, 2019

Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here. Procurement leaders are being given more and more priorities, he said, but there are obstacles in their way that stop them delivering strategic decision making and real value.

Analytics Software 176

Analytics Software Negotiating Skills Supply Chain Planning Software Predictive Analytics Software 176

Requis

FEBRUARY 19, 2021

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. Today we would use demand sensing, machine learning (ML), and other tools to predict demand. Yes, that’s fair.

Predictive Analytics 52

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

ThroughPut

MAY 9, 2024

Adaptability is vital as companies need to respond to uncertainties in an increasingly volatile market, and better yet, predict and be prepared for them ahead of time. A resilient supply chain has great visibility and the agility to shift sourcing, manufacturing and distribution activities around fairly rapidly.

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills Optimal Sourcing Supply Chain Planning Software 52

Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

Predictive Analytics Software 202

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 202

SYSPRO Smarter ERP

NOVEMBER 1, 2021

A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Leveraging on predictive analytics and data for decision making. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

NC State SCRC

JANUARY 18, 2023

Marcos Paulo Valadares de Oliveira showed that an open analytics culture (OAC) strongly correlates with improved supply chain performance metrics. The study concludes that its…. The metrics used by Handfield & de Oliveira’s study use well-established, industry-standard metrics for supply chain management.

Analytics Software 40

Analytics Software Resource Reduction Cost Reduction Strategies Waste Reduction 40

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 208

NC State SCRC

MAY 16, 2016

We met at the United Club in Chicago, as he was on his way back from a visit with Honda, and met to discuss the upcoming study I will be working on with him on procurement analytics for the Center for Advanced Purchasing Studies later this summer. They offer opinions and paint the future for us.

Forecasting 40

Forecasting Predictive Analytics Procurement Analytics Analytics 40

NC State SCRC

JUNE 27, 2016

I had the opportunity to attend the Procurement Leaders in San Francisco forum two weeks ago, followed by attending the ISM Carolinas-Virginia meeting in Winston Salem last week. Procurement analytics was discussed at length at both sessions. Most are still focused on spend analytics.

Procurement Analytics 40

Procurement Analytics Prescriptive Analytics Software Optimal Sourcing Predictive Analytics 40

Intelligent Audit

AUGUST 3, 2021

The importance of analytics within the modern supply chain network has never been more apparent or critical than today’s market. The lack of end-to-end visibility and applicable metrics has made it difficult for parcel carrier s and shippers to envision the value of data and analytics within their network systems.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Analytics 52

Logistics Viewpoints

FEBRUARY 28, 2022

Since then, virtually every supplier I talked to in the process of updating this year’s Supply Chain Planning Market Analysis Study has said they are investing in this area. So, a plan can be produced that predicts the emissions. Machine learning is being used to predict machine breakdowns.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. China was the source of over 90% of PPE.) Don’t expect demand to be predictable. Bottom line?

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

Talking Logistics

APRIL 17, 2018

The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group). Descriptive Analytics (What happened?). Predictive Analytics (What will happen?).

Prescriptive Analytics Software 116

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 116

Talking Logistics

DECEMBER 20, 2017

Source: Evan, Flikr. “I I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. SophiaTX Open Source Platform to Integrate SAP, Blockchain. In short, I continue to be wrong — and sometimes right — with my supply chain predictions.

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92

Logistics Viewpoints

MARCH 2, 2023

After months of dire predictions, many in the financial community are lowering the odds of a recession in the next year. A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. 17% went bankrupt, went private, or were acquired.

Waste Reduction 197

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

The Logistics & Supply Chain Management Society

JULY 21, 2020

Dr Shereen Nassar, the Global Director of Logistics Studies and Director of the M.Sc. Logistics and Supply Chain Management programmes at Heriot-Watt University Dubai discusses how successful selection and implementation of a digital supply chain strategy can be predicted. This has proved to be a major source of risk.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

ToolsGroup

OCTOBER 6, 2015

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. Less mature companies focus IT investments on manufacturing, procurement and workforce management. They pursue analytics to help find hidden data. Demand variability matters.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Strategy 120

ThroughPut

MARCH 25, 2024

Demand forecasting is the process of predicting future customer demand for a product or service. This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Requis

OCTOBER 30, 2020

Foolishly, the army decided to send me to Cranfield University in the UK to study for a masters’ in logistics, and that just opened up a whole new world. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. They are far more literate in terms of data.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

NC State SCRC

SEPTEMBER 23, 2016

IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, US Steel, CB&I, Mastercard, and others attending. In that session, Dan Carrell from IBM shared a number of key perspectives that is driving IBM to diversify into the world of analytics.

Optimal Sourcing 40

Optimal Sourcing Big Data Procurement Analytics Procurement Solutions 40

Logility

OCTOBER 6, 2023

In a 2022 study conducted by Accenture entitled, “ How the cloud boosts supply chain innovation” , they found that 60% of cloud leaders are outperforming their competitors in supply chain transformation. Data can be exposed for analytics purposes through several different mechanisms.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

NC State SCRC

NOVEMBER 15, 2017

The focus was on the impact of AI on supply chain decision-making, and I spoke about a recent case study on IBM’s application of Watson to their own supply chain. Data governance was a challenge, as there often existed multiple versions of data and no single source of truth.!

Case Study 51

Case Study Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 51

Infosys Supply Chain Management

FEBRUARY 4, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. Predictive analytics uses several techniques to analyze past events to make predictions about future. Business Process Outsourcing. Customer Service.

Predictive Analytics 25

Predictive Analytics Predictive Analytics Software Analytics Software Analytics 25

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

ThroughPut

FEBRUARY 14, 2024

Those disciplines include decision management (including advanced nondeterministic techniques such as agent-based systems) and decision support as well as techniques such as descriptive, diagnostics and predictive analytics.” Decisions are made as a result of AI-based rules, predictions, and optimizations.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. These AI systems with intelligent algorithms can also predict and discover new consumer habits and forecast seasonal demand.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

IQMS

JULY 11, 2019

McKinsey also found that AI-enhanced predictive maintenance of industrial equipment will generate a 10% reduction in annual maintenance costs, up to a 20% downtime reduction and 25% reduction in inspection costs. Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector?

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain Shaman

FEBRUARY 25, 2016

Analytical innovation and digital transformation drove step-change capabilities within the office and marketing. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. As a result, many companies are struggling. Leadership teams are uncomfortable.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150