ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 221

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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. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Stay Flexible.

Optimal Sourcing 100

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 100

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. These role-based views can be consumed into a demand visibility signal and used in the respective applications within transportation and procurement.) The root issue is functional metrics.

Supply and Demand 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

GlobalTranz

DECEMBER 29, 2014

History of Reverse Logistics is at the Core of The Stories of War, Retail, eCommerce, and Automotive Aftermarket : As you will see today the history of reverse logistics is quite older than the buzz word of it being thrown around more often today, due to the rise of internet retailing, also known as eCommerce. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Automotive is a perfect example of what not to do in building supply chain value. It was one of the issues of American automotive companies’ demise.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

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The Network Effect

AUGUST 21, 2015

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. If you’d like to know more on this and related subjects, I recommend you read the new Automotive Inbound Supply Best Practices whitepaper.

Automotive 100

Automotive Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 100

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. To do business in the automotive industry, Somachini has to comply with the ISO 14001 standard.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

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

Supply Chain Shaman

JUNE 14, 2018

And, while inventories in automotive have decreased slightly, this progress is primarily due to the shifting of inventory back to suppliers versus overall value chain improvement. PFEP optimizes the policies that define how to procure each part. Cross Site Analytics. MRP logic is a transactional planning tool for procurement.

Optimal Sourcing 172

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 172

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Big Data and Analytics for Oil and Gas Transportation. It’s the promise of Big Data, Business Intelligence, and Analytics. For related commentary, see: Notable Quote: C.H.

Predictive Analytics Software 211

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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. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Automotive News Europe ). Consultancy UK).

Material Savings 207

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Supply Chain Matters

MAY 31, 2022

This is especially the case among certain global automotive companies dealing with a host of supply chain disruption and ongoing semiconductor device shortages. Rivian Automotive. The Wall Street Journal reported that Tim Fallon, the existing Vice President of Manufacturing will remain in that role. . Thus far, $13.7

Manufacturing Procurement 52

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Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 202

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GlobalTranz

AUGUST 28, 2018

Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 72

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 72

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! The Escort joined its fellow junk metal comrades in an automotive-parts junkyard a few miles away from my childhood home. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Subscribe Here! Email Address.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

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QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

QAD

OCTOBER 11, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 98

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

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Supply Chain Game Changer

MARCH 26, 2019

Procurement (and Purchasing) Job Interview Questions & Answers. In these industries a segment of the Procurement organization is called Commodity Management. However when I entered the Retail industry the group largely responsible for Procurement, amongst other things, was called Category Management. Subscribe Here!

Negotiating Skills 62

Negotiating Skills Manufacturing Procurement Purchasing Skills Procurement Analytics 62

Supply Chain Matters

NOVEMBER 23, 2022

According to a report published by Nikkei Asia ( Paid subscription or metered view ), the chemical and electronics provider signed a memorandum of understanding with the State of Tennessee involving a 420 acre facility to be located in Clarksville, Tennessee. The facility reportedly will supply battery component needs for U.S. Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

QAD

JUNE 13, 2023

When people think about supply chain, purchasing is usually the first thing that comes to mind, but all of your enterprise’s operations fall under the same umbrella. That includes front-end forecasting and planning, procurement, manufacturing, logistics and import/export. through 2028. “A

Supply Chain Planning Software 98

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Supply Chain Matters

JULY 8, 2022

In this Supply Chain Matters posting we provide highlights of manufacturing and supply chain developments involving electric vehicle automotive producers at the 2022 mid-year point. EV producer Tesla reported a setback in quarter over quarter vehicle production and delivery performance. Volkswagen.

Automotive 52

Automotive Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Resilinc

MAY 18, 2021

As expected, the semiconductor shortage continues to plague the automotive industry with carmakers now expected to suffer losses of $110 billion in 2021, according to a widely reported estimate from Alix Partners. And, the long timeframes required to build new semiconductor fabs mean chip supply won’t be flowing anytime soon.

Cost Reduction Strategies 62

Cost Reduction Strategies Purchasing Skills Manufacturing Procurement Procurement Analytics 62

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. This process considers operational factors such as cost efficiency, production capacity, and strategic alignment, making it highly relevant in sectors like manufacturing, retail, automotive, and technology.

Optimal Sourcing 86

Optimal Sourcing Analysis Material Savings Manufacturing Procurement 86

Techgistics

SEPTEMBER 5, 2018

Relational databases allowed virtually any question to be asked and answered (without the need for custom programming) like "Show me all customers between 18 and 20 who purchased Product X and live in this city". Otto, a German retailer, is already using AI in this way to predict with 90% accuracy what will be sold in the next 30 days.

Supply Chain Software 133

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning 133

QAD

JULY 8, 2021

In our blog last month, we discussed how the automotive industry must learn this time from yet another semiconductor shortage by improving management of essential supply chain processes or we will find ourselves in another shortage crisis. In the case of semiconductors, lead time was reported anywhere from 22 to 26 weeks.

Supply Chain Planning Software 98

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Supply Chain Game Changer

AUGUST 26, 2021

I’ve worked for major manufacturers in CPG, Automotive, and Defense Contracting, and I can honestly say that some of the largest organizations are nowhere near accomplishing this. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. would demand its implementation.

Supply Chain Visibility 103

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 103

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. Resolving these challenges requires a dynamic, iterative approach.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

SupplyOn

FEBRUARY 25, 2020

Tomasevic, Chief Procurement Officer of the AGCO Group. He established the link to an automotive conference whose trend topics also apply to the agricultural sector: Decarbonization for an improved, because lower “Carbon Footprint. Challenges in agriculture Josip T.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Sourcing Strategies 40

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. A Leading Marketing Expert with Vast Experience.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

Supply Chain View from the Field

MAY 21, 2014

In today’s environment, hospitals continue to outsource their sourcing capabilities to a national or regional group of Group Purchasing Organizations (GPO’s), who claim to obtain leveraged savings for groups of large commodities. information technology, surgical and medical supplies, capital expenses, pharmaceutical purchases, etc.).

Purchasing Skills 68

Purchasing Skills Manufacturing Procurement Procurement Analytics Optimal Sourcing 68

SCMDOJO

JANUARY 30, 2023

Barra has mentored young people while they studied science, technology, engineering, and math (STEM) and diligently climbed the corporate ladder from an entry-level engineer to an influential leader in the automotive industry. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Sourcing Strategies 126