Proxima

FEBRUARY 28, 2023

As globally significant events such as the pandemic, the war in Ukraine, and accelerated climate change impact global organizations, supply chains have been absorbing many of the shocks, and longer-term challenges are gathering on the horizon. Procurement teams and those that lead them will prove vital to building resilience.

Optimal Sourcing 52

Optimal Sourcing Procurement Material Savings Ukraine 52

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

Proxima

NOVEMBER 7, 2022

The starting point for all conversations about defence procurement must be that Western Europe faces its greatest security threat since the Cold War. Ukraine shares a border with no less than four NATO allies, and with rhetoric rising from Moscow about tactical nuclear strikes, there is the potential for a dangerous escalation.

Procurement 52

Procurement Military Ukraine Global 52

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Autonomous procurement to track and alert a user to market changes and create procurement activities. How will the picture change in 2023 ? Inflation Pressure.

Prescriptive Analytics Software 193

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 193

Supply Chain Shaman

APRIL 18, 2023

Over four-hundred days of war in Ukraine. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Unrest in Sudan. Shift in cycles.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Matters

MARCH 23, 2022

In this Supply Chain Matters March 23 rd edition of our COVID-19 and Ukraine Conflict News Capsule, we provide updates to ongoing industry supply chain developments and disruptions of concern to our reading audience. Included in this update are the following updates: Canadian Pacific Railway Work Stoppage Eased. Canadian and U.S.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Proxima

DECEMBER 14, 2022

Proxima’s Executive Advisor Justin Reuter speaks on his journey from the Armed Forces to the world of Procurement Spend on UK Defence received a boost after the 2021 Integrated Defence and Security Review and continues to grow but supply chain issues remain a challenge. As Justin puts it, “You want the best for your comrades.

Procurement 52

Procurement Cost Reduction Strategies Buyer Training Price Mitigation Strategies 52

Proxima

JUNE 5, 2023

It was a frenetic period from March 2020 when the Covid-19 pandemic hit, followed by a series of events from the Suez Canal blockage to Russia’s war on Ukraine, that scrambled supply chains and ratcheted up costs. In the world of procurement and supply chain, this is an important moment to pivot our approach.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Purchasing Skills Procurement Solutions 52

HICX Solutions

JUNE 24, 2022

Prominent members of the procurement community discuss why we should care about the supplier’s experience, at last week’s World Procurement Congress. Four inspiring procurement and supply chain leaders advocated supplier-centricity, at Procurement Leaders’ World Procurement Congress 2022, which took place in London last week.

Procurement 52

Procurement Eliminating Excel in Purchasing Purchasing Skills Price Reduction 52

Logistics Viewpoints

APRIL 7, 2022

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Here are some ways supply chains are being impacted by the situation in Ukraine. Let us dive deeper into how supply chains are getting disrupted.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 239

Synovos

FEBRUARY 21, 2023

Importance of Supplier Relationships in Indirect Procurement Challenging times call for closer relationships between organizations and their MRO suppliers Strong and successful indirect procurement strategies depend on strong and successful supplier relationships. Indirect procurement can be somewhat hidden, though.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Proxima

JULY 27, 2023

The paper, ‘Defence’s Response to a More Contested and Volatile World’ follows the Integrated Review Refresh, published in March 2023 and considers, more fully, lessons from the ongoing war in Ukraine. However, the war in Ukraine has thrown up some questions over how UK Defence operates now and in the future.

Analysis 52

Analysis Ukraine Agile and Lean Supply Chain Optimal Sourcing 52

Supply Chain Matters

OCTOBER 25, 2022

It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. The post Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022 first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. West Coast port operators.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

Proxima

MAY 26, 2023

So, what does this all mean for procurement? Procurement leaders should be conscious of the short-term environment, but it’s also their role to look at what might be a further down the road and think strategically about how their work is aligning with long-term business priorities. Let’s start with the short-term.

Procurement 52

Procurement Germany Price Reduction Benchmarking 52

Supply Chain Game Changer

SEPTEMBER 13, 2022

Earlier this year, before Russia invaded Ukraine and COVID-19 reemerged in China, it seemed we would finally enjoy relief from supply chain interruptions and price increases. With the war in Ukraine inflicting more injury to an already weak global supply chain, you can expect high prices, product scarcity, and project delays through 2022.

Negotiate Pricing 85

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 85

The Logistics of Logistics

JUNE 23, 2022

The ongoing Ukraine–Russia conflict has caused turmoil in significant parts of the global food chain, and in fact, Ukraine is a major exporter of barley (30% of global totals), wheat (25%), and sunflower oil (60%). Further, Ukraine supplies more than one-half of the world’s neon gas necessary for printing circuits on computer chips.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Proxima

MARCH 9, 2022

Costs in the supply chain have been rising for some time now and, more worryingly, those increases show little sign of abating, particularly given the ongoing events in Ukraine. The post How procurement can solve the looming headache for CFOs appeared first on Proxima. Firstly, every CFO should get to know their supply chain.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

Supply Chain Brain

JULY 18, 2022

Russia’s invasion of Ukraine is causing severe shortages of the building blocks of industrial production the world over.

Ukraine 111

Ukraine Strategy Price Mitigation Strategies Procurement 111

Logistics Viewpoints

JANUARY 4, 2023

Daifuku noted in its financial release ending in June 2022, “ “increased difficulty in procuring components along with the lockdown in China ” and KION (Dematic) stated in its financials that “ The continuing sharp rises in the cost of materials, energy, and logistics, from an already high level, is increasing procurement risk for the KION Group.

Supply Chain Software 256

Supply Chain Software Warehousing Supply Chain Planning Software Purchasing Skills 256

SYSPRO Smarter ERP

MARCH 31, 2022

The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Global supply chains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The supply chain of the future.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Procurement Academy

JANUARY 18, 2023

Supply chain and procurement professionals are having to face a daunting new reality as the ongoing effects of COVID-19, Brexit, the conflict in Ukraine and volatile inflation rates impact the day-to-day operations of their function. Procurement The picture for procurement professionals is not so dissimilar.

Education 52

Education Sourcing Strategies Agile and Lean Supply Chain Supply Chain Strategy 52

Logistics Viewpoints

MAY 6, 2022

McCormick’s diverse supplier network helps shield it from Ukraine impacts. The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement. Sixteen states sue USPS over plan to buy gas-powered vehicles.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 220

Logistics Viewpoints

NOVEMBER 17, 2022

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage.

Packaging 225

Packaging Food Manufacturing Procurement GEP 225

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Potential U.S.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

Freightos

APRIL 27, 2023

Here are some interesting highlights: Justification Is Key Interestingly enough, one of the most important drivers for market intelligence is justifying procurement decisions or operational decisions to internal stakeholders, like executive teams, or to customers. While this isn’t news to me, the importance it took on was. And they are.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Procurement Academy

JUNE 7, 2022

However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer. Over recent years, organizations have experienced a sequence of disruptive events, from the COVID-19 pandemic to the recent war in Ukraine. The rise of re-shoring and near-shoring.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer. Over recent years, organizations have experienced a sequence of disruptive events, from the COVID-19 pandemic to the recent war in Ukraine. The rise of re-shoring and near-shoring.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

SCMDOJO

JULY 29, 2022

The demand is subjected to change due to many factors drastically, including pandemics (COVID-19), war (Russia-Ukraine war), and last but not least technological advancements. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Lysons, Procurement & Supply Chain Management, 9th Ed. ,

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

The Logistics & Supply Chain Management Society

APRIL 26, 2022

With the crisis in Ukraine and sanctions imposed on the Russian Federation, fuel and energy prices are now soaring. And this was before the Russian invasion of Ukraine began. In fact, global freight rates have increased tenfold since the start of the pandemic. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Matters

JUNE 17, 2022

Reportedly, since Russia’ s invasion of Ukraine , global CEO s are confronting a world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. The noted overall theme from this survey were indications that recession. cyberattacks. Inflation are top of mind concerns.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Matters

MARCH 7, 2022

In this Supply Chain Matters Product Demand and Supply Network Perspective we reference a published Bloomberg report addressing how the ongoing Russia-Ukraine conflict is impacting commodity and materials planning and supply concerns.

Price Reduction 52

Price Reduction Forecasting Supply and Demand Agile and Lean Supply Chain 52

Precoro

APRIL 28, 2022

In the first weeks of the invasion, Precoro issued a statement in which we shared our position on the war and our determination to support Ukraine. Our hearts and minds are with our Ukrainian team members, their families, and the brave people of free Ukraine. Product Plan The invasion of Ukraine did not halt our product development.

Ukraine 52

Ukraine Russia Poland Czech Republic 52

LevaData

APRIL 26, 2022

Due to resource constraints, procurement organizations are forced to concentrate on a few main categories: items that are either incredibly risk-prone or of significant strategic importance. Supply Chain Risks Brought on by the Russia-Ukraine Crisis Since the end of February, all eyes have been on Russia and Ukraine.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Negotiating Skills Negotiate Pricing 52

HICX Solutions

JUNE 12, 2023

In this episode of the Supplier Experience Live podcast, we spoke with Yash Rai , Vice President, Procurement and Supply Chain Solutions at The Smart Cube. Yash has over 14 years of experience working in the procurement domain. He continues, “I think this is where the opportunity for best-of-breed tools and technology comes into play.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Trends Forecasting Software 52

Supply Chain Matters

MARCH 28, 2022

Last month, at the start of Ukraine hostilities, VW had to overcome a shortage of wiring harnesses supporting various German based production lines that were previously produced in Ukraine. A cited quote from Murat Aksel, VW’s Procurement Chief , is a testament: “ We still want competitive prices, but my priority is securing supply.

Material Savings 59

Material Savings Supply Chain Strategy Sourcing Strategies Cost Reduction Strategies 59

Proxima

MAY 31, 2022

OFFICIAL PRESS RELEASE: Bain & Company acquires procurement powerhouse Proxima, strengthening capabilities to advise clients on mounting global supply chain challenges. Bain & Company today announces the acquisition of Proxima, a UK-headquartered global leader in procurement and supply chain consulting.

Optimal Sourcing 52

Optimal Sourcing Company Manufacturing Procurement Cost Reduction Strategies 52

Supply Chain Matters

APRIL 1, 2022

Now the New York Minute is reflective of Russia waging war in Ukraine , precipitating a significant war footing on the European continent, the most significant since World War Two , including a widescale refugee crisis as Ukrainian citizens are forced to flee their homeland. Additional Thoughts.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52