Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

ivalua

MAY 8, 2019

Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. 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 Supply Chain Council and Supply Chain Risk Management. Louis Wong, Solutions Consultant.

Singapore 20

Singapore Asia Procurement Solutions Purchasing Skills 20

ivalua

APRIL 2, 2019

Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes.

Optimal Sourcing 100

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 100

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. In 2001, China joined the World Trade Organization, increasing access to China as both a channel and a supply source. – Technology Evolution Outpaced Adoption.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Logistics Viewpoints

MARCH 1, 2021

At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We

Modeling 206

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 206

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. 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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

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

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Supply Chain Shaman

JANUARY 31, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Other sources reported that DB Schenker was not the only forwarder making this shift. Maersk 2019 Annual Report. By the end of 2019, 24% of spot shipments were booked using Spot.

Logistics Network Optimization Software 312

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 312

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

In 2019 Yas Marina Circuit began working with DGrade to find a sustainable solution for plastic water bottles and cups used during the Formula 1 event. Getting the plastic into the recycling bins is not a sustainable solution in itself. Ensuring plastic is recycled into new products. Closing the loop with Sustainable Products.

Material Savings 246

Material Savings Waste Reduction Resource Reduction Manufacturing Procurement 246

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).

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”.

Agile and Lean Supply Chain 286

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 286

Supply Chain Shaman

DECEMBER 30, 2021

I find no agency or entity trying to find a holistic solution to global logistics. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. The average purchase order changes 3-4X before shipment.

Supply Chain Design Software 438

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 438

ivalua

JUNE 29, 2020

According to 2019 Definitive Healthcare data, U.S. As is, the healthcare supply chain is complex with multiple players involved such as manufacturers, distributors and group purchasing organizations (GPOs) supporting and interacting with multiple departments and care delivery points. Share on Twitter. Big Opportunity Ahead.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement Solutions 87

Procurement Solutions Procurement Purchasing Training Negotiating Skills 87

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. A copy of the survey results are downloadable here (PDF, free, opt-in).

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. I’d suggest that “speed” has both internal and external dimensions.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

DECEMBER 1, 2022

There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. Source: Descartes Datamyne. Despite many calling for U.S. import volumes to plummet well before summer, they didn’t. Figure 1: U.S. Container Import Volume Year-over-Year Comparison.

Predictive Analytics Software 232

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 232

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories. in 2019) are expected to produce over $300 per square foot on a gross square foot basis. And some – including yours truly – have always found shopping to be a joyous activity.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

Logistics Viewpoints

APRIL 5, 2021

The company has a sourcing team that vets the beans. Thus, in addition to their roasting plant with an inbound warehouse attached to it, and a warehouse for outbound finished goods in nearby Oakland, the company also has 700 reps that source their product from roughly 100 small DSD warehouses across the nation.

Supply Chain Planning Software 234

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 234

Jaggaer

MARCH 23, 2020

This was all very well but unless you had a PhD in statistics or mathematics or an applied mathematics subject like risk management, analytics was not a whole lot of use to you; even if you could make sense of the complex algorithms, it was hard to work out which tools to apply. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Enterra Insights

JANUARY 6, 2022

Even in a fast-paced industry like retail, there are more proof-of-concepts than end-to-end business solutions offering cognitive capabilities.” ” Thanks to physical store lockdowns during the pandemic, implementing omnichannel strategies and cognitive technology solutions became imperatives. and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

ivalua

NOVEMBER 12, 2019

Redwood City, CA – November 12, 2019 – Ivalua, a global leader in spend management , today announced the release of an enhanced third-party risk module, called Risk Center, available as part of its latest product release. in the most recent The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q1 2018.

Risk Management 20

Risk Management Optimal Sourcing Procurement Solutions Modeling Software 20

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. There are some key capabilities found in a supply chain planning software that can help you better predict short-term demand. November 2019.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

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

FEBRUARY 25, 2022

FourKites , a provider of real-time transportation visibility solutions, has a big data set around transportation. 336,500 TEUs were transported from China to the EU by rail in the first six months of 2021, that is 44% more than 2020 and 99% more than in 2019. But in terms of transportation, the impacts won’t just be on fuel prices.

Price Reduction 234

Price Reduction Ukraine Russia Logistics Network Optimization Software 234

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020,” according to Morgan Stanley report in June 2020.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

JDA software

JANUARY 8, 2019

More consumers are using social media to research their purchases. From their social feeds to eCommerce, more customers are buying products right from the source. Expect to see that market share increase in 2019. Shoppers want their purchases on their terms – expectations and service levels are rising.

Supply Chain Planning Software 86

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 86

EcoVadis

NOVEMBER 26, 2019

Launched in 2018 with Shui Mahieu, Sustain gave us an opportunity to embellish our gallery with portraits of responsible purchasing professionals. Global Sourcing Director – Methods, Tools & Responsible Sourcing (Bel Group). Pascale, how did you get into responsible purchasing? Pascale de Felix .

Manufacturing Procurement 10

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 10

Supply Chain Shaman

SEPTEMBER 5, 2022

When it comes to inventory and driving improvement in the face of variability, there are five issues: Poorly Implemented Advanced Planning Solutions. Definition of Form and Function of Inventory: Source Supply Chain Insights. IBM, in contrast, purchased over fifteen supply chain acquisitions but drove little innovation.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logistics Viewpoints

NOVEMBER 21, 2022

Scope 1 emissions include direct emissions from the company’s owned and controlled sources. Scope 2 emissions are indirect emissions from purchased energy. Supplier relationships need to move from transactional deals to true sourcing partnerships with their most important suppliers. PepsiCo has farmers they directly source from.

Supply Chain Design Software 214

Supply Chain Design Software Purchasing Skills North America Resource Reduction 214