Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The ride is uphill, but the visibility is low. What is normalcy? However, variability and global unrest is rising.

Supply Chain Planning Software 362

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 362

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Survey existing suppliers, third-party logistics providers and customers. Supply chain shortages abound.

Supply Chain Planning Software 309

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 309

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Manufacturing Procurement Supply Chain 130

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. According to a 2021 survey, 43% of merchants ordered holiday inventory earlier than usual, and 44% ordered more than usual.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Freightos

APRIL 27, 2023

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. But even since July 2020, much has changed.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

The Logistics & Supply Chain Management Society

APRIL 26, 2022

IDC’s March 2022 Future Enterprise Resiliency & Spending Survey showed that almost 50% of finance organizations are prioritizing consistent ESG practices and/or policies when considering industry ecosystem design and partners. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. MORE FROM THIS EDITION.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. For example, there are shortages of active piers, forcing ships to anchor for days or weeks before they can unload.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD and its 75,000 employees ship more than 45 billion devices annually to customers in over 190 countries. The other risk management software supplier’s methodology was based on surveys.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Logistics Viewpoints

JANUARY 12, 2022

Procurement and Supply Chain are Smarter Together – Practical Use Cases ; Dr. Madhav Durbha ( Coupa ). In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration.

Optimal Sourcing 296

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 296

The Logistics of Logistics

AUGUST 11, 2021

He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Michigan Manufacturing Procurement 130

Resilinc

FEBRUARY 5, 2024

In a 2023 survey conducted by EY, 90% of respondents said their organization has directly invested in third-party risk management. On the surface, SCRM focuses on mitigating risks specifically related to procurement, while ERM is a larger framework that focuses on managing risks across the entire organization. In 2022, the U.S.

Risk Management 98

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 98

Talking Logistics

OCTOBER 28, 2014

Customers with a strict ‘procurement mindset’ overlook important factors like consistency, overall experience or past performance. How they are treated at shippers’ facilities was ranked #1 by more than 80% of drivers in a survey by Ventura Foods to determine the most critical factors in keeping drivers on the job.

Expense Reduction 197

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 197

QAD

MAY 23, 2023

It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

crisp

DECEMBER 15, 2021

A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

The Logistics & Supply Chain Management Society

JULY 13, 2021

According to IDC’s 2020 Supply Chain Survey – 72.8% Better Compliance –Logistics, freight and shipping companies have to follow many international regulations, trade policies and global compliance rules ,thereby increasing the work complexity and hindering their agility. Support remote workforces (75%).

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Enterra Insights

OCTOBER 31, 2023

Journalist Nate Delesline III reports, “Prosper Insights & Analytics surveyed about 8,000 people and found that 73% of them said they plan to participate in Halloween-related activities this year. Despite inflation and economic uncertainty, the National Retail Federation (NRF) predicts consumers will spend a record-breaking 12.2

S&OP 130

S&OP Scenario Planning Predictive Analytics Supply Chain Planning 130

Logistics Viewpoints

OCTOBER 19, 2023

Supply chain leaders from planning to procurement to logistics face labor shortages and cost concerns, so they want to reduce workforce time spent on manual activities. Something is wrong in this retailer’s process, whether it be materials used, packing, shipping, etc., Is that the kind of customer experience they wanted?

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” On-time shipping For a delivery to be made on time, it needs to go out on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Enterra Insights

DECEMBER 21, 2021

He writes, “Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident. Bowman, Managing Editor of SupplyChainBrain, agrees with Quasney’s assessment.

Supply Chain Transformation 130

Supply Chain Transformation Gartner Supply Chain Software Supply Chain Strategy 130

QAD

APRIL 26, 2022

Some of the more popular technologies among survey respondents were cloud computing, sensors and automatic identification, predictive and prescriptive analytics, and the industrial internet of things.”. They need the tools to be flexible and agile enough to respond to market fluctuations.

Supply Chain Software 93

Supply Chain Software Prescriptive Analytics Software Agile and Lean Supply Chain Logistics Network Optimization Software 93

Logistics Viewpoints

AUGUST 5, 2021

In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. Supply chain sustainability is a higher priority than ever. PwC reports that almost half of assets under management are held by investment firms committed to decarbonization.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

Supply Chain Game Changer

SEPTEMBER 16, 2020

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! However a new survey shows that the percentage of women in leadership roles is still low. Women Supply Chain Leaders article and permission to publish here provided by Sam White at argentus.com.

Gartner 54

Gartner Pharmaceutical Supply Chain Software Supply Chain 54

Locus

MAY 2, 2023

Low shipping fee: Customers prefer brands that offer lower shipping fees, making it more cost-effective for them to receive their orders. For instance, if they wish to Buy Online Pickup In Store (BOPIS), Ship from 3PL, or parcel locker deliveries, last-yard deliveries, etc. Schedule a demo with us!

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Logistics Network Optimization Software Logistics How To 52

EC Sourcing Group

MARCH 12, 2023

It could also be an incorrect purchase order, shipping number, billing address, date, and so on. COST AND PRICING : Organizations typically want the supplier who provides the lowest cost for goods. Identify your data sources that can help identify supplier performance.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

NC State SCRC

MARCH 15, 2016

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Baltimore Analytics Software 40

EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Shipping and Small parcel.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

Unleashed

AUGUST 20, 2023

In a survey of 1,000 organisations, 74% of respondents in the US reported delays in shipping and longer lead times during the coronavirus pandemic. It includes everything from the procurement of raw materials to production, inventory management, and shipping. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

QAD

SEPTEMBER 22, 2022

Risk is nothing new to supply chain leaders, regardless of where it originates – extreme weather, labor issues, an unforeseen pandemic, geopolitical challenges, raw material price fluctuations, shipping upheavals/port disruptions – all require insight into the points of potential failure in the supply chain. Embrace Digitalization.

Supply Chain Software 97

Supply Chain Software Agile and Lean Supply Chain Demand Planning Software Modeling Software 97

Supply Chain Matters

FEBRUARY 25, 2022

We indicated that the implications of unprecedented, elevated levels of inflation levels will vary by specific industry, but taken as a whole, they present a number of complex product management, procurement and supply chain planning challenges that will need to be tackled. The report observes that in December 2021, U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40