GlobalTranz

JANUARY 18, 2017

Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. The annual growth rate for machine learning and artificial intelligence grew more than 500 percent from 2013 through 2016. Industry 4.0

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Date: 15 November 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

GlobalTranz

JANUARY 5, 2016

Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. If you missed the first post, we encourage you to give it a read by visiting the first seven 2016 supply chain trends post here. . Supply Chain Trends 2016: 5 Additional More Areas of Focus.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Logistics Viewpoints

JUNE 29, 2023

PO Collaboration involves close coordination with suppliers to procure materials based on order specifications, tracking delivery timelines, and aligning production schedules to meet customer delivery expectations. It directly affects the bottom line, making it crucial to manage effectively. Nari Viswanathan is currently Sr.

Manufacturing Procurement 269

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 269

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. The Role of Robotics in the list of manufacturing trends in 2016 cannot be understated or ignored. percent annual growth.

Manufacturing Procurement 120

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GlobalTranz

NOVEMBER 19, 2018

Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016). For example, Supply & Chain Executive reported that there were 260 major natural disasters in 2016 that resulted in an economic loss of $211 billion.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

Jaggaer

MARCH 30, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. In 2016, that number had plummeted to 24 years. How Big Data Analysis Plays into Procurement. Sourcing with Big Data.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Supply Chain Movement

FEBRUARY 2, 2016

The Global Procurement & Supply Chain Management for Oil And Gas Industry 2016. Date: 11-12 April, 2016. Venue: Intercontinental Berlin, Germany. Organizer: Magvoy Energy – MagVoyages ltd. Url: [link].

Sourcing Strategies 60

Sourcing Strategies Supply Chain Planning Software Procurement Supply Chain Strategy 60

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Supply Chain Movement

JULY 20, 2016

Date: September 6, 2016. Innovation meets Global Sourcing. Young Professionals should begin as early as possible to gain knowledge in the fields of possibilities for procurement and logistics. Young Professionals should begin as early as possible to gain knowledge in the fields of possibilities for procurement and logistics.

India 60

India Procurement Supply Chain Software Innovation 60

Supply Chain Movement

SEPTEMBER 20, 2016

Fit for Growth 2016. Date: 24 November, 2016. In cooperation with the companies Dräxlmaier and Stabi lus, the Association for Supply Chain Management, Procurement and Logistics (BME) is organizing the first German-Romanian Supplier Dialogue Fit for Growth on 24 November 2016 in Bucharest, Romania. URL: www.bme.de/en/all-events/fit-for-growth/.

Romania 60

Romania Serbia Bulgaria Logistics Network Optimization Software 60

Supply Chain Shaman

SEPTEMBER 22, 2021

At the end of the presentation, I asked Allyson her perspective on open source analytics. After implementation, in 2016, no business or product owners were appointed. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. Massive Disruption.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Supply Chain Planning Software Procurement Analytics 221

Supply Chain Movement

JANUARY 6, 2016

Supply Chain Movement helps you along with an overview of the most important European supply chain events in 2016. Last updated on January 6th , 2016. RLCON 2016. ARC Industry Forum Europe 2016. ISC Europe 2016. Global ManuChem Strategies 2016. Turkey Trade & Export Finance Conference 2016.

Pharmaceutical 60

Pharmaceutical Manufacturing Procurement Gartner Optimal Sourcing 60

Supply Chain Shaman

SEPTEMBER 30, 2012

The ends of the supply chain–both in customer and procurement– are fragile. They would ask how social can impact their supply chain source, make and deliver processes. billion in 2016. It believe that it will become part of the existing processes of order-to-cash and procure-to-pay. Absolutely!

Supply Chain Design Software 288

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 288

Supply Chain Movement

AUGUST 18, 2016

3rd CEE Procurement & Supply Forum. Date: 19 October, 2016. Global sourcing and sourcing in Central-Eastern Europe (CEE) has long been state of the art for international companies. How to effectively identify and benefit from these potentials will be the main focus of the 3rd CEE Procurement & Supply Forum.

Optimal Sourcing 60

Optimal Sourcing Czech Republic Procurement Modeling 60

EcoVadis

NOVEMBER 24, 2016

The ISO 37001 anti-bribery management system standard, was released October 15 2016. Source: International Organisation for Standardisation website ). EcoVadis and ISO 37001:2016. EcoVadis assesses supplier CSR risks using 21 criteria covering environment, labor & human rights, business ethics and sustainable procurement.

System 70

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Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Optimal Sourcing 50

Optimal Sourcing Cost Reduction Strategies Vendor Strategies Procurement 50

Supply Chain Movement

JANUARY 11, 2016

Procurement. Focus for 2016. Our focus for 2016 is: Transformation – Information technologies, understanding big data, and digital supply networks are pushing supply chain management to new levels of efficiency. Our members include: VPs/Directors/Group Heads in: Supply Chain. Purchasing. Operations. Supply Chain Quality.

Supply Chain Design Software 60

Supply Chain Design Software Sourcing Strategies Supply Chain Strategy Supply Chain Design 60

SCMDOJO

JULY 29, 2022

While the previous points of criticism are valid and worth considering, EOQ might help procure both; the repetitive items and the MRO (maintenance, repair and operation) items. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Lysons, Procurement & Supply Chain Management, 9th Ed. ,

Sourcing Strategies 131

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 131

Talking Logistics

FEBRUARY 29, 2016

Here’s what ATA Chief Economist Bob Costello had to say: “Clearly, 2016 started soft for truck tonnage. There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. We do not expect capacity to tighten in 2016 unless the economy regains steam.

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

EcoVadis

JULY 13, 2018

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. Section 6 of the ISO 20400 also provides organizations with guidelines on sustainable procurement reporting (6.5.2 What Are the Key Benefits?

Procurement Analytics 74

Procurement Analytics Procurement Solutions Optimal Sourcing Sustainability 74

GlobalTranz

JANUARY 9, 2017

2016 marched onward with a drive to improve the use of digital technology throughout the supply chain. This infographic, created by GT Nexus , also shows other ways the digital supply chain evolved in 2016. While the VR hype may seem like it only emerged for Christmas, think about one of the hottest games of 2016, Pokémon Go!

Supply Chain Software 120

Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Strategy 120

SYSPRO Smarter ERP

MARCH 9, 2022

Many also extend to inventory management, order management, procurement, and production. Having all information located in one source gives decision-makers access to actionable data on multiple activities. This enables the procurement department to know when new purchase orders have to be placed. What is Supply Chain Management?

Supply Chain Planning Software 119

Supply Chain Planning Software Manufacturing Procurement Supply Chain Software Procurement Solutions 119

ivalua

MARCH 17, 2021

The Grants Oversight and New Efficiency (GONE) Act of 2016 – The goal of this law is to provide visibility into aged grants and enable efficient closeout of expired grants. The Procurement Link. His experience spans various key areas of procurement, supply chain, grants management and government funding.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

Jaggaer

MARCH 18, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. In 2016, that number had plummeted to 24 years. How Big Data Analysis Plays into Procurement. Sourcing with Big Data.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. In procurement, unethical practices can be hard to spot. It’s critical to understand what makes up ethical vs. unethical practices within your procurement function. Unethical Procurement Practices : Examples of Unethical Behavior. Favoritism.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here!

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. At the same time, a global supply chain comes w/ global challenges.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Freightos

NOVEMBER 11, 2021

The original 2016 driver for this shift seems hard to believe in today’s freight environment: a focus on long-term business viability spurred by ocean freight rates so low that they precipitated the bankruptcy filing by ocean carrier Hanjin. Image via StarAir.dk). Behind the Maersk shift. The difference… and the looming carrier threat.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Price Reduction Cost Reduction Strategies Expense Reduction 177

CormSquare

JANUARY 24, 2017

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. There is plenty to worry about. Cost Reduction. This level is higher than the previous year, 69%.

Procurement Solutions 50

Procurement Solutions Procurement Analytics Cost Reduction Strategies Purchasing Skills 50

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Comparison of Emerson Electric and Schneider Electric for the Period of 2006-2016. Reflections.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

Enterra Insights

DECEMBER 4, 2018

Procurement expert Kelly Barner notes, “Supply chain managers know full well just how reliant their company is on the performance of third parties. ” Campbell adds, “This ‘central source of truth’ assures all parties are viewing the same data, nipping miscommunication in the bud.”

Optimal Sourcing 133

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Planning 133

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56