ivalua

FEBRUARY 10, 2023

per cent in January 2023, down from 9.2 One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Eurozone annual inflation was down 8.5 per cent in the previous month.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logistics Viewpoints

JUNE 1, 2023

Here are some highlights from these trends in 2023 and implications on supply chain planning. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 261

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. The post Top Supply Chain Challenges for CPG companies in 2023 appeared first on Logistics Viewpoints.

Supply Chain Planning Software 270

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 270

Talking Logistics

MAY 6, 2024

As reported by Paul Wiseman on February 7th, “For the first time in more than two decades, Mexico [in 2023] surpassed China as the leading source of goods imported by the United States.” This news prompted us to ask members of our Indago supply chain research community — who are all supply chain and logistics.

Supply Chain 310

Supply Chain Mexico United States China 310

ToolsGroup

JUNE 15, 2023

Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Here are the top takeaways we compiled from Gartner Symposium EU 2023. This AI-driven forecasting method incorporates data from a broader range of sources to generate a range of probable forecast outcomes and calculate the likelihood of each.

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

Supply Chain Shaman

MAY 25, 2024

This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) We have archived corporate reporting from Y charts for 1982-2023. We purchase data from Y charts. (A A syndicated data feed used for financial analysts. but declining. In Figure 3, we depict Crocs.

Eliminating Excel in Purchasing 316

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 316

Logistics Viewpoints

FEBRUARY 14, 2024

Looking Back to 2023 Performance in 2023 was not as positive as we might have hoped, and it was a harder year than many had anticipated. A majority of organizations (62 percent) missed their 2023 business goals, and four in five organizations reported falling short of their competitors’ or peers’ performance (Figure 1).

Supply Chain Planning Software 314

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 314

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Industry Outlook 2023: Digital Transformation in Supply Chain, Sustainability, and Workforce Present Uncertainty and Opportunity Download the latest LogiSYM Supply Chain Magazine In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development (..)

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Sustainability Supply and Demand 130

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. By 2023, average inventory turnover for small and midsize businesses, had dropped for the 50% percentile ShipBob seller from 1.59 to 0.85 (Source: ShipBob ).

Manufacturing Procurement 332

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 332

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

Material Savings 147

Material Savings Resource Reduction Cost Reduction Strategies Sourcing Strategies 147

Talking Logistics

JUNE 13, 2024

In April 2023, one of our Indago members — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles.

Transportation 262

Transportation Manufacturing Procurement Distribution Sourcing 262

SCM Research

MARCH 1, 2023

Two cases have just won awards in the 2023 Case Center Awards and Competitions. The first is called Global Sourcing at Nike and takes the perspective of Amanda Tucker, Vice President of Sourcing at Nike (authors: Michael W. It is always exciting to discover new teaching cases, especially when they are of very high quality.

Manufacturing Procurement 143

Manufacturing Procurement Optimal Sourcing Sourcing Global 143

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. Source: IDC, 2023 Challenges and Limitations To fully utilize the potential of generative AI, we must acknowledge and address the many obstacles that hinder its widespread implementation.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. Protectionist trade policies are also causing companies to shift their country sourcing practices, and there is no reason to believe that we will see geopolitical posturing along the trade front fade soon. 2023 will be the year to shore-up innovative, intuitive, intelligent solutions.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Supply Chain Shaman

APRIL 18, 2023

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. In March 2023, the level of disruption fell to a level seen in November 1998. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. Unrest in Sudan.

Supply Chain Planning Software 386

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 386

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

ivalua

MARCH 5, 2023

Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Paris! 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.

Optimal Sourcing 130

Optimal Sourcing Vendor Strategies Nashville Procurement Solutions 130

Enterra Insights

DECEMBER 5, 2022

2023 Technology Trends. He writes, “McKinsey has reported that economies will realize the benefits of superior connectivity networks in 2023. These increasingly important solutions include renewable sources such as solar power and wind power, sustainable fuels such as hydrogen, long-duration battery systems, and smart grids.”

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software 130

Enterra Insights

DECEMBER 7, 2023

Thomas Lobert , a Solutions Consultant with Descartes, explains, “[Forced labor] can happen any time in the supply chain: from sourcing raw materials to manufacturing products, including distribution. 3] Helen Atkinson, “ Eradicating Slave Labor Starts with a More Transparent Supply Chain ,” SupplyChainBrain, 10 July 2023.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Supply Chain Network Software Material Savings 130

DELMIA Quintiq

APRIL 19, 2023

How businesses can become greener Manufacturers will need to embark on a digital transformation that allows them to evolve to an enterprise that meets all sustainability concerns, including: Product design with sustainability in mind Forging the factory of the future Powering the industry through renewable/green energy or more ethical material sourcing (..)

Manufacturing Procurement 156

Manufacturing Procurement New York City Material Savings Supply Chain Design Software 156

Enterra Insights

OCTOBER 5, 2023

Footnotes [1] Staff, “ Manufacturing Day – October 6, 2023 ,” National Today. [2] 6] Staff, “ Manufacturing Day 2023 ,” Manufacturing USA. The post Manufacturing Day 2023 first appeared on Enterra Solutions. ”[6] Your company can be part of that celebration. Brookings, 22 February 2012. [3]

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Planning Software 130

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

ToolsGroup

JANUARY 16, 2023

BOSTON — January 16, 2023 — ToolsGroup , a global leader in retail and supply chain optimization software, today introduced the launch of Inventory Hub®, a Dynamic Data Unification Platform that provides retailers with a “single source of truth” for inventory data across their enterprises. “As

ToolsGroup 156

ToolsGroup Real-time Visibility Optimal Sourcing Supply Chain Planning Software 156

Enterra Insights

OCTOBER 12, 2023

One source of water that coastal communities must consider is ocean water. This marked the capacity to collect drinkable water from salt water of the seas and ocean, allowing for a new source of water supply.” The post World Food Day 2023 first appeared on Enterra Solutions. 3] Staff, “ Water is life.

Food 130

Food Egypt Resource Reduction Ukraine 130

Enterra Insights

APRIL 25, 2023

Tomorrow, 26 April 2023, is international Stop Food Waste Day. ”[3] He continues, “No matter the data source (e.g., The site explains each goal this way: • Prevent food waste at the source by storing food optimally, making use of every edible part of the ingredient and planning meals ahead of time. UN’s FAO, U.S.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

For instance, sourcing of raw materials for battery manufacturing may become the next great supply problem as automakers bet big on electrification in 2023. Technology enables new sustainability solutions The year 2023 will also be essential for the pursuit of sustainable industries.

Supply Chain Software 130

Supply Chain Software Modeling Software Demand Planning Software Sustainability 130

Enterra Insights

JUNE 28, 2023

”[7] Even back then, food, spices, salt, and other goods had to be sourced and moved. 5] Staff, “ National Logistics Day 2023 ,” Logistics Plus. [6] The post National Logistics Day 2023 first appeared on Enterra Solutions. Today, logistics plays an even more important role in peoples’ lives.

Logistics Network Optimization Software 130

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

Logility

MARCH 16, 2023

Although inflation has slowed since then, it continued to climb in January 2023 , triggering fears that the Fed could keep raising interest rates throughout 2023. Logility NDO enables you to improve your resiliency by continuously assessing tough tradeoffs between sourcing and distribution options, lead times, and logistics costs.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

Freightos

APRIL 25, 2024

Following the post-COVID slump in 2022, global air cargo demand saw a recovery starting early 2023 with a notable 11% year-over-year increase in volumes from December 2023 through February 2024, according to IATA, with much of this rebound attributed to B2C e-commerce volumes. From Q3 2021 to early 2022, Freightos Air Index China-U.S.

Cargo 293

Cargo Cost Reduction Strategies Price Reduction Material Savings 293

ToolsGroup

MAY 17, 2022

Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. Currently, industry experts predict the chlorine shortage will end when the plant is completed and running in January of 2023. Image source: Meme Generator. between 2021 and 2026.The The result?

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

ToolsGroup

MAY 2, 2023

Based on numerous conversations with professionals across the industry, here are our top five takeaways from Retail Technology Show 2023. Check out the Inventory Hub Dynamic Data Unification Platform and see how you can track and serve inventory across your channels, systems, and applications in real-time from a single source of truth.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 156

Supply Chain Shaman

JULY 31, 2024

What is the role of make, source, and deliver? In our work with Georgia Tech using data from 1982-2023, we find that the R² of the Regression analysis of Cost-of-Goods Sold/Inventory Turns when compared to correlations of Operating Margin/Inventory turns to Market Capitalization/employee is 40-65% lower. What defines a feasible plan?

Supply Chain Planning Software 363

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 363

Enterra Insights

AUGUST 24, 2023

The Mint staff adds, “Supply chain risk is a modern day reality and can emanate from a variety of sources, ranging from natural disasters to government policies and a host of other unforeseen events.”[2] Inevitably, these will interrupt production, increase sourcing costs, and cut into corporate revenue.”[4]

Risk Management 246

Risk Management Supply Chain Planning Software Vendor Strategies Supply Chain Software 246

Logistics Viewpoints

APRIL 8, 2024

In December of 2023 it was reported that $1.2 These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 293

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 293