This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management.
Today, supplychain excellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Challenges abound.
Below are the individual web links and prime takeaway messages from each of our prior postings: Part One : Michael observed that standard sourcingsolutions struggle to support direct materials sourcing because of specific challenges in legacy software design.
SCMDOJO Academy elevates your procurement and supplychain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.
ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. Logility is a wholly owned subsidiary of American Software, Inc. Logility, Inc., Logility, Inc., NASDAQ: AMSWA).
Earlier in his career, Trey was part of the Flexport Atlanta founding team and led Kuehne + Nagel’s account management group where he helped design and operate automotive, high tech, and industrial manufacturing supplychainsolutions. Amplio builds supplychain resilience for electronics manufacturers.
In fact, as noted in the study, “97 percent of executives reported having an understanding of how big data analytics can benefit their supplychain, but only 17 percent reported having already implemented analytics in one or more supplychain functions.”.
A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Technology integration: Leveraging digital tools to enhance visibility and decision-making.
Spare Parts Management Software is becoming mission-critical for Maintenance, Repair, and Operations (MRO) professionals; especially those overseeing complex fleets, heavy industrial equipment, or distributed facilities. This guide explores the biggest challenges MRO leaders faceand how modern, AI-powered solutions like ThroughPut Inc.s
Autonomous SupplyChains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins.
There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supplychains and gain greater control of supplychain performance.
25, 2025 – Exiger , the market-leading supplychain and third-party risk AI company, is a top-ranked vendor in Spend Matters 2025 SolutionMap and TechMatchSM procurementtechnology rankings, which include over 100 procurementtechnology vendors.
Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. 2015 is less than three weeks away, and a barrel of Brent crude oil is $65.70
Today, nine out of ten supplychains are stuck. Despite two decades of advancement in supplychaintechnologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. These technologies are applicable to solve many problems.
In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supplychain and optimize productivity. Additionally, through a more stable and efficient supplychain, you can greatly enhance customer satisfaction and retention. Source: Morai Logistics.
In a major advancement for global supplychaintechnology, project44 has launched Movement, a comprehensive Decision Intelligence Platform that transforms how businesses manage their supplychains.
Source: Descartes Datamyne. Theme 5: Machine learning (ML) will go mainstream in supplychaintechnology. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supplychain and logistics technology market. Figure 1: U.S. Somewhat nailed it.
As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS SupplyChainSolutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. while nearly doubling the size of the company. This is in a position to shift again.
This invite-only event brought together supplychain and IT executives from a cross section of companies, along with several executives from IBM, including Jeanette Barlow, Vice President of IBM SupplyChainSolutions, and Ron Castro, Chief SupplyChain Officer at IBM. Source: IBM.
Introduction Global trade has entered a new era of volatility, with tariffs and trade restrictions already proving to be powerful tools of economic policy. Supplychain and procurement leaders must now navigate an increasingly complex regulatory environment, balancing cost efficiency with risk mitigation.
Reduce miles, reduce touches, become more efficient all the way through” your supplychain. Technology is used to help in this endeavor. Scope 1 emissions include direct emissions from the company’s owned and controlled sources. Scope 2 emissions are indirect emissions from purchased energy.
That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supplychains a force for good in the world. This ensures that future forecasts are no longer skewed by periods of zero demand due to stock-outs (a.k.a. lost sales).
ATLANTA (November 18, 2021) American Software, Inc. million for the same period last year and software license revenues were up slightly to $0.8 million for the same period last year, while Software license revenues were $1.3 NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022.
Further, if the truth be known I suspect many others in procurement and supplychain are feeling the same, but maybe that’s not true. This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supplychain managers. Capital goods.
As we mentioned before, a holistic approach is needed to address the three significant aspects we expect to underpin the New Normal in supplychain. Here, we discuss broad brushstroke trends that we see as solid foundations upon which tailored and considered solutions can be built. .
What are the best applications of supplychaintechnology that should be driving B2B/B2C or omnichannel businesses? There are few tools in the industry that can also utilize what-if analysis to plan for segments of the year - such as seasonality, peaks/valleys based on marketing campaigns, or regional opportunity planning.
Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supplychains to make effective sourcing, purchasing and production decisions fast enough to stay competitive.
The Procurement Link. Grant solicitations are much like procurement solicitations in that, to be successfully managed, require contracts, budget tracking, purchase orders, invoicing, and audit preparedness. Ivalua’s grant solution enables grantors, applicants, and awardees to perform these activities effectively and efficiently.
While I blog more business-focused research on Forbes , and tell stories from my travels on LinkedIn , this is my blog for the technology leader attempting to stay current on supplychaintechnology trends. The source of the content is research. Every supplychain organization is slightly different.
If cost reduction is not the only thing to measuring supplychain performance, that begs the questions: "Maybe we should be measuring other SupplyChain Management activities and what would they be?". Inventory measurement is critical and it is money after all in that it took a capital expense to procure.
Others add traditional licensed software or add-ons to the existing ERP to improve efficiencies, but when these solutions meet the outside world, they stumble for a number of reasons. Supplychain operating networks are real game changers.
Luckily, multi-carrier shipping softwaresolutions for 2021 simplify shipping, so that brands can focus on what’s most important — growing their business. Read on to learn how multi-carrier shipping software can help you grow your brand by taking the complexity out of shipping. . What is multi-carrier shipping software?
No Purchase Orders were used. Cutting the Right Costs with Technology by Sourcing Innovation. “By moving to Datalliance we are gaining a more robust VMI solution that will better serve the needs of our customers,” said Mark Richards, Leviton’s director of e-commerce.
The beer supplychain is a system of crucial steps taken from recipe conception through to production, brewing, bottling and delivery to the consumer. Consumer demand for sustainable crops and locally sourced produce is and will continue to be key factors for raw ingredients in the beer supplychain. Production.
As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supplychain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.
While these teams try to piece together the picture, which is difficult, in rooms with few details, overall excitement for supplychaintechnology advancement is waning. No one makes better software than SAP when they are clear on the business problem. Instead, the solutions need to learn and drive new insights.
Source: Dictionary.com. Most supplychain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.
Supplychain optimization involves finding the critical optimal solutions that can generate the most productive and lucrative organizational performance while including all possible operational constraints and bottlenecks in the process. What does supplychain optimization involve? Inventory control.
By Costas Xyloyiannis, CEO of HICX By helping procurement teams digitally transform their operations, businesses gain a single source of truth in supplier data. This transformation leads to cost-saving metrics and helps generate accurate ESG reports, writes Costas Xyloyiannis, CEO of supplychaintechnology firm HICX.
The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). Source: Google.
As digitization continues to modify the global supplychain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supplychain visibility. Augment and Set Visibility Tools In Place.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content