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 supplychainmanagement 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.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
According to a July 2014 supplychain research study from Accenture focused on Big Data and supplychainriskmanagement, most organizations have high hopes for using big data analytics in their supplychain but many have had challenges in deploying it.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. The Google TMS?
How is AI changing supplychainriskmanagement , and what does it mean for the future? These questions were part of a recent discussion featuring Exiger CEO Brandon Daniels about AI impacts on supplychains. Arjun Mehta: How is AI impacting supplychainriskmanagement?
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychainsolutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. Reason #6 Not effectively managing inventory.
Welcome to part three of our AI in SupplyChain blog series. In this blog, we explore the different types of predictive AI models for supplychainriskmanagement. In this blog, we explore the models used in Resilinc’s predictive AI and explain how they help streamline supplychainriskmanagement.
SupplyChainRiskManagementSolution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supplychainriskmanagementsolutions. SupplyChainRiskManagement Vendors.
Professionals in supplychainmanagement use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. SupplyChain of fashion industry involves a time based competition.
Table of Contents Introduction You can have the best technology in the world, but it means nothing if you dont have the proper stakeholders. This is a lesson weve learned at Exiger after helping many of the Fortune 500 and government agencies around the world to map, manage, and orchestrate their complex, global supplychains.
The Council of SupplyChainManagement Professionals (CSCMP) Annual Global Conference is among the best events to learn and network in the industry. I learned that people are genuinely excited about the opportunities in supplychainmanagement. What did I learn from those conversations?
In the world of supplychain and logistics, the built environment comes in many forms, from warehouses and logistics parks to the buildings associated with ports and terminals. The operational technology (OT) world, however, is a different story. The operational technology (OT) world, however, is a different story.
Tim started his career in supplychainmanagement along with me. After exchanging pleasantries, Tim said he is considering pivoting back into supplychain and wanted my opinion on if the timing is right. b) Drone technologies and driverless cars /trucks are expected to revolutionize logistics as we know them.
In other news… SupplyChainRiskManagement Now a Priority for Most Businesses ( Accenture ). HighJump Software Releases Next Cloud-Based Solution: HighJump Route Administrator. Several reports have been published in recent years underscoring the growing importance of supplychainriskmanagement.
Exiger Earns Categorys Highest Functional Scores in Both SupplyChainRiskManagement and Third Party RiskManagement WASHINGTON, DC. Exiger was recognized as a Best-of-Breed Solution and named a Value Leader for the second consecutive release of Spend Matters biannual report.
What is supplychainriskmanagement? Supplychainriskmanagement is the process of identifying and managing issues within a supplychain. ordinated approach to implementing strategies to manage both daily challenges and unique risks.
Learn how Resilinc is using predictive AI and generative AI to innovate supplychainriskmanagement. In part one of our AI in supplychain blog series, “ How is AI Revolutionizing SupplyChainRiskManagement?”, What is Predictive AI?
Exiger AI Illuminates Your SupplyChain, Foresees Disruptions, and Strengthens Resilience As an original and proud sponsor of the AI+ Expo and the Special Competitive Studies Project (SCSP), Exiger is an AI platform trusted by Fortune 500 companies, 65 federal agencies, and the defense industrial base.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
The average SupplyChainmanagement professional measures their SupplyChain by reviewing cost reduction. Is cost reduction all that there is in measuring SupplyChain performance? 3 Key Metrics for Measuring SupplyChain Performance Beyond Cost Reduction. Isn’t time important?
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. The potential supplychain impacts of this conflict dwarf any other supplychain news that might be reported.
Shahzaib Khan discusses Resilinc’s journey toward AI-driven supplychain excellence From its early inception in the 60s’ to its increasingly available public access, artificial intelligence (AI) has come a long way. Yet, numerous global supplychains today still struggle with mapping their global suppliers.
With new products constantly entering the markets and increased availability of international trading, supplychains are now more complex than ever before. Functional supplychains are essential for businesses to succeed, so stakeholders prioritize ensuring their stability. What Are SupplyChainRisks?
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.
But before I bring out the lawn mower and tool box, here’s the supplychain and logistics news that caught my attention this week: Mondelez Says Cyberattack Cost it Business (WSJ – sub. AscendTMS Launches Commission System In Logistics TMS Software. Wolters Kluwer Transport Services is acquired by Castik Capital.
The latest innovations extend the existing strength of Ivalua’s Supplier Managementsolution, which had already been recognized as a Leader by Forrester Research Inc. in the most recent The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q1 2018.
Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. The word “optimization” is ubiquitous in the supplychain and logistics industry.
In 2025, the landscape of spare parts management is undergoing a seismic shift. Maintenance, Repair, and Operations (MRO) professionals, heads of maintenance, and spare parts managers are navigating an environment shaped by supplychain volatility, legacy infrastructure, and an explosion of data.
Supplychain professionals are asked on a daily basis for what can seem like miracles: improve customer service and reduce costs, do more with less. Look at the process enabling tools. Look at the process enabling tools. Specifically, what does your supplychain team use to managesupplychain planning?
Yesterday we began our two part series on 2016 supplychain trends that will drive supplychainmanagement into the future. As with most trends we all have read over the last few years, the focus was on technology. SupplyChain Trends 2016: 5 Additional More Areas of Focus.
Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supplychain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.
With a holiday weekend upon us, let’s go straight to the supplychain and logistics news that caught my attention this week: Retailers Seek U.S. GE Acquires Top SupplyChainSoftware Provider ShipXpress to Expand Digital Rail Offerings. Help With Shipping Crisis (WSJ – sub. Hanjin handles about 7.8
Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. While Procurement might not consider these relationships strategic, they are critical nonetheless.
He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex SupplyChain Council and SupplyChainRiskManagement. Louis Wong, Solutions Consultant. Kim Geck Lim, Field Marketing.
.”[1] What is often overlooked in the pursuit of better customer experiences is how those experiences can be affected by supplychain operations. Customer Experience and SupplyChainManagement. ” Knowledgeable retail and supplychain professionals fully understand this symbiotic relationship.
Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. And more companies are treating SupplyChain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see SupplyChain Design: Growing Scope, Community, and Collaboration ).
A critical part of any supplychain is an effective and efficient supplychainriskmanagement (SCRM) program. Supplychains do not respect functional boundaries. Stone , Vice President of SupplyChainRiskManagement at Exiger Government Solutions.
And for organizations with even moderately complex multinational supplychains, the mounting challenges are the most significant that they’ve faced to date. A fresh set of supplychain strategies are need, the quicker the better. Learn the importance of incorporating the financial dimension in supplychain planning.
In honor of these dads’ accomplishments in the field of trial and error, I’ve compiled a list of the top 10 lessons your dad can teach you about supplychain. First pants, then shoes – Whether you’re getting dressed for work or increasing your supplychain maturity, it’s important not to get too far ahead of yourself.
The Covid-19 pandemic has exposed the fact that many supplychains remain inadequately prepared for a crisis. Supplychainmanagement and procurement sit poised on the frontlines of managing global supplyrisks for their brands. Gaining a Full Picture of SupplyChain Threats.
Contents SupplyChain Movement 21 – 2016 Q2. Forecasting is about managingrisks. Major organisational and cultural changes lie ahead for supplychainmanagement. The supplychainsoftware industry is in a considerable state of flux. 29 | Checklist Freight Spend Management.
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