Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Source: SGX, Freightos Baltic Index. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back.

Optimal Sourcing 120

Optimal Sourcing Freight Procurement Price Reduction 120

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Trillion USD, reported in 2018 ( wto.org 2019 ). Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. Alex Saric, CMO, Ivalua. Global automotive component supplier Meritor is a great example.

Optimal Sourcing 100

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 100

ivalua

OCTOBER 24, 2019

Alex Saric, Smart Procurement Expert, Ivalua. Globalisation has made is much easier for UK businesses to trade across borders, allowing access to lower cost sources of supply and new markets. Procurement has a vital role to play in identifying and managing risk. Procurement has a vital role to play.

North Korea 100

North Korea Procurement Supply Chain Planning Supply Chain 100

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. billion by 2018 to grow these relationships.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions.

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. As we step into 2018, enterprises must realize the risks associated with their IoT ecosystem.” ”[1] They continue: “It’s not a simple question. ” 2.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Logistics Viewpoints

FEBRUARY 19, 2024

In 2018 and 2019 there were two fatal crashes of the 737 Max 8. Instead of developing the aircraft in-house and sourcing parts from suppliers,” Dr. Tang explained, “Boeing decided to outsource 70% of the design, engineering and manufacturing of entire modules to over 50 strategic partners.” There have been other incidents.

Supply Chain Design Software 261

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 261

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. That, I commented, was a very fast implementation.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 228

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Talking Logistics

MAY 11, 2018

Source: [link]. The key takeaway here is that companies need to take a holistic and integrated approach to how they procure, plan, and execute their transportation operations. The post This Week in Logistics News (May 7-11, 2018) appeared first on Talking Logistics with Adrian Gonzalez. And with that, have a happy weekend!

Logistics Network Optimization Software 118

Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software 118

Supply Chain Shaman

DECEMBER 4, 2018

In 2018, Rockwell Automation won the Supply Chains to Admire Award. To decide winners, we analyze post-recession period performance of 2010-2018 by peer group. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Another study from the Dreary Report from 2018, states that inefficiencies, pain points and lack of automation in the maritime industry result in costs adding up to a staggering $34.4 It is clear that complex, manual payment processes are critical sources of costly mistakes and over billing. Lack of trust.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. Procurement: Partnering with cost-effective and reliable vendors is vital for keeping a business running smoothly. There is exactly one twin per thing. of manufacturing companies in the U.S.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Precoro

FEBRUARY 4, 2022

According to a Paystream 2018 Procurement Insights report, 80% of organizations still use manual or semi-digital tools to manage their procure-to-pay cycle. Most organizations are using the procurement module integrated with their ERP or accounting software. What is Procure to Pay? Procure-to-Pay Definition.

Procurement Solutions 75

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 75

Material Handling & Logistics

FEBRUARY 19, 2018

purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. As the results of the MH&L 2018 Salary Survey indicate, the size of the paycheck has become almost as important. “If Show me the money.”.

Survey 75

Survey Manufacturing Procurement Pharmaceutical Purchasing Skills 75

GlobalTranz

NOVEMBER 19, 2018

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995. GET YOUR COPY HERE. Download White Paper.

Supply Chain Risk Management 189

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

Supply Chain Shaman

NOVEMBER 2, 2018

There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. The groups of supply planning, procurement and logistics operate within silos. This is true of both an enterprise and a network architecture. History of E2open.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 170

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Logistics Viewpoints

MAY 27, 2021

In fact, the on-demand industry was estimated to account for $75 billion in 2018. [1] As the supply chain becomes increasingly digital and collaborative , new partnerships may be formed by retailers, distributors and manufacturers to collectively source services and capitalize on economies of scale. and Unnu, Kaan. [2]

Optimal Sourcing 257

Optimal Sourcing Logistics Network Optimization Software Supply Chain Software Modeling 257

Supply Chain Shaman

DECEMBER 4, 2018

In 2018, Rockwell Automation won the Supply Chains to Admire Award. To decide winners, we analyze post-recession period performance of 2010-2018 by peer group. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So in 2018, McDonald’s joins Apple, Procter & Gamble and Amazon on a separate “Masters” list, as one of the “best-of-the-best.”. Media Type. Media Credit. Privacy Settings. anonymous user.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Material Handling & Logistics

APRIL 7, 2018

Although the latest 2018 Salary Survey results found only 2% of the total population of supply chain professionals are in their 20s (the same percentage as in 2017), the gender breakdown of the Millennials recognized in this year's 30 Under 30 program was 18 males / 12 females, for a much more reasonable 3:2 ratio. Media Type. anonymous user.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Pharmaceutical 69

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

ivalua

FEBRUARY 4, 2020

Source: 2019 Supply Chain Data Quality and Governance Study. According to Spend Matters’ Pierre Mitchell in 2019 “over 40% of senior Procurement leaders have been pursuing advanced digital technologies (AI, RPA, blockchain and others) even though they’ve not always tackled the basics!” But it’s not easy.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. between 2018–2023 (MarketWatch 2020).

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

Supply Chain Shaman

JUNE 23, 2020

Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Procurement and transportation operated as islands.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 293

Jaggaer

OCTOBER 22, 2019

Our recently published report, “ Digital Transformation in Procurement: How Close Are We? ”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, showed that most progress had been made with the automation of supplier management, procure-to-pay and spend management processes.

Optimal Sourcing 60

Optimal Sourcing Manufacturing Procurement Predictive Analytics Software Supply Chain Network Software 60

Bristlecone

AUGUST 23, 2018

The event will be about Guiding and enabling customers on their transformation journey towards an integrated, fully digital Sourcing & Procurement solution. The post SAP Info Day for Procurement 2018 | Sep 18, 2018 | 8:15 – 17:15 CEST | Wiesloch appeared first on Bristlecone. Register here.

SAP 40

SAP Prescriptive Analytics Software Procurement Predictive Analytics 40

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

NOVEMBER 7, 2019

In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. Source: Deloitte CPO Survey 2018. The Digital Procurement Ecosystem.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus. million job going unfilled. .

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

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

ivalua

MARCH 5, 2023

March 6, 2023 | | Ivalua NOW by Eloise Barnum 5 Reasons to Attend 2023 Ivalua NOW Paris – Breaking New Ground We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris. Join us as we celebrate organizations that achieved extraordinary results by taking sourcing to new levels.

Optimal Sourcing 130

Optimal Sourcing Vendor Strategies Nashville Procurement Solutions 130

Supply Chain Game Changer

NOVEMBER 24, 2018

For his entire career my Father worked in the field of Procurement. But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. But was that Procurement or was it Purchasing? What exactly is Procurement? Procurement. 10 Different Definitions!

Procurement Analytics 62

Procurement Analytics Purchasing Skills Optimal Sourcing Negotiating Skills 62

Talking Logistics

JANUARY 8, 2018

Supplier viability is a major concern of supply chain leaders and procurement professionals today when committing their direct materials to specific trading partners,” said David Cahn, Director of Product Marketing at Elemica , in a recent episode of Talking Logistics. What are some of the biggest supply chain risks companies face today?

Supply Chain 139

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 139

Material Handling & Logistics

MARCH 9, 2018

From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. Yet challenges remain: More than half (51%) of procurement leaders surveyed do not believe their teams have the capabilities to deliver their procurement strategy.

Optimal Sourcing 51

Optimal Sourcing Cost Reduction Strategies Procurement Sourcing Strategies 51