Logistics Viewpoints

OCTOBER 10, 2022

Autoliv is the world’s largest safety system supplier in automotive industry. It supplies airbags, seatbelts, and steering wheels to most of the Automotive OEMs – companies like Renault/Nissan, Volkswagen, etc. in turn, is a boutique procurement consultancy. The implementation was not trivial. And we are making progress.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 255

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

Optimal Sourcing 130

Optimal Sourcing Study Procurement Supply Chain Planning Software 130

Supply Chain Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 82

Supply Chain Matters

NOVEMBER 23, 2022

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. based EV automotive production needs for Hyundai Motors and Ultium Cells , a joint venture involving LG Solutions and General Motors. Announcement. Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

The Logistics of Logistics

OCTOBER 30, 2023

With LeanDNA, manufacturers in industries that include aerospace, industrial, automotive, and medical know they will get the right part in the right place at the right time. LeanDNA is a cloud-based supply chain execution platform that helps discrete manufacturers digitally transform their procurement operations.

Optimal Sourcing 244

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 244

The Logistics of Logistics

JANUARY 13, 2023

Earlier in his career, Trey was part of the Flexport Atlanta founding team and led Kuehne + Nagel’s account management group where he helped design and operate automotive, high tech, and industrial manufacturing supply chain solutions. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

Talking Logistics

MARCH 7, 2017

When you consider the increasing complexity of the automotive supply chain, collaboration continues to play an important role. Reasonable linking of various data sources (= intelligent integration) in order to have continuously-updated data with high significance and quality instead of fragmented and isolated information.

Automotive 103

Automotive Supply Chain Planning Software Manufacturing Procurement Supply Chain Network Software 103

ivalua

JANUARY 29, 2020

Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. .

Negotiating Skills 213

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 213

Supply Chain Matters

MARCH 29, 2023

The Supply Chain Matters blog provides perspectives on an emerging supply chain management focused lesson occurring at Rivian Automotive. For those in the automotive industry and certainly a wide complement of our readership, the report triggers a response of why it took this long to act. All rights reserved.

Automotive 52

Automotive Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 52

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. Global automotive component supplier Meritor is a great example. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. Alex Saric, CMO, Ivalua.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As disruptions become the norm, Supply Chain Planning and Source-to-Pay (S2P) cycles need to be increasingly dynamic and intertwined.

Manufacturing Procurement 243

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 243

Ware2Go

JANUARY 7, 2022

As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. What is just-in-time procurement? The automotive industry, for example, has famously relied on a JIT manufacturing strategy (or lean manufacturing) since the 1950’s. Advantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.

Manufacturing Procurement 195

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

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. Rivian Automotive. A challenge related to the vehicle was reportedly the design of a new vehicle platform and the sourcing of battery cells.

Automotive 52

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

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

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

SCMDOJO

SEPTEMBER 24, 2024

It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. Lead Time Reduction : In industries like automotive or electronics, reducing lead times is vital. External sourcing adds supplier pricing, shipping, and handling fees.

Optimal Sourcing 97

Optimal Sourcing Analysis Material Savings Supply Chain Software 97

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. Stellantis Senior Procurement Leadership Change. Thus far, $13.7 This facility is being geared to produce upwards of 150,000 vehicles annually.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Optimal Sourcing 246

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Purchasing Skills 246

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. Advantages.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

QAD

AUGUST 17, 2023

June, July and even August have traditionally been laid-back months in the automotive industry, between vacations and major OEMs’ summer shutdowns, but the action never stops here at the Auto Supply Chain Prophets podcast. We also recommend tuning into the The Art of Procurement Podcast hosted by none other than Phil.

Supply Chain Software 98

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 98

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. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

QAD

JUNE 23, 2022

With each podcast episode, we talk with automotive industry experts about a range of insightful topics, all focused squarely on the global automotive supply chain and its challenges. I am proud to co-host the Auto Supply Chain Prophets podcast with Quistem Founder and President Cathy Fisher. Here’s a wrap-up of the latest episodes.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization 95

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

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Logistics Viewpoints

AUGUST 24, 2022

Concurrent supply chain planning is required for the company to navigate uncertainty and expand into new markets of automotive, computing, and connective intelligent edge. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials.

Sourcing Strategies 233

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 233

Jaggaer

OCTOBER 24, 2024

Take supplier collaboration in the automotive industry, for example. In the automotive industry, instead of creating a surplus of inventory in advance of need, collaborating with suppliers on just-in-time (JIT) inventory management can help reduce inventory storage costs and minimize waste. Price per mile is only a starting point.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Material Savings 52

Supply Chain Matters

OCTOBER 28, 2024

We predicted that “ direct materials sourcing strategies will continue to include needs for future growth markets for products and services along with business supply network sustainability needs from either a business resiliency or sustainability commitment lens. supply chain activity. This shift is marked by a decline in direct U.S.

Predictive Analytics Software 59

Predictive Analytics Software Manufacturing Procurement Cost Reduction Strategies Agile and Lean Supply Chain 59

ivalua

MAY 18, 2022

Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. Successfully employing MDM requires procurement to closely engage IT. Procurement needs skin in the game. Leaders must make a concerted effort. Map your Sub – tier.

Supplier Management 130

Supplier Management Supply Chain Planning Software Negotiating Skills Optimal Sourcing 130

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. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Arena Solutions

APRIL 23, 2024

Navigating UAM Compliance Through Established Aerospace and Automotive Standards Some standards that are not directly related to UAM provide companies a means of compliance and help inform UAM certification. Products incorporate custom and commercial off-the-shelf (COTS) parts and subsystems that are sourced from multiple suppliers.

Supply Chain Design Software 107

Supply Chain Design Software Optimization Software Manufacturing Procurement Optimal Sourcing 107

NC State SCRC

JULY 14, 2024

This allows organizations to quickly react to problems as they occur and identify alternative sources of supply. This problem is also related to the fact that too often, supply chain risk remains a procurement problem, when in fact it is a business problem ! Their Chief Procurement Officer had this to say about the tool.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Pharmaceutical 59