QAD

DECEMBER 10, 2019

Consider a story from Seth Stephens-Davidowitz’s book, Everybody Lies on the topic of big data. Manufacturers Thrive on Timely Information. Manufacturers Thrive on Timely Information. Consider just three areas where improved data access boosts operational performance: Improve Supplier Performance.

Manufacturing Procurement 134

Manufacturing Procurement Real-time Visibility Inventory Reduction Cost Reduction Strategies 134

Supply Chain Shaman

MAY 26, 2023

In these conventional IT approaches, data is written and coded with fixed semantics into rows and columns. I term this our data jail. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. An ontology is a graph database use case.

Optimal Sourcing 356

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 356

Supply Chain Shaman

JUNE 6, 2013

It combines decisions across sell, deliver, make and source processes to drive value based outcomes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Supply Chain Shaman

FEBRUARY 1, 2024

Through the use of a NoSQL unified data model, the company is able to now move data within 15-minute increments improving the data flow for inventory availability to improve allocation and ATP processing. Contract Manufacturing Signal Latency. In our research, we find that 32% of volume is manufactured by a third party.

Supply Chain Planning Software 359

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 359

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Use Big Data Analytics to Ensure Real-Time Management of the Entire Supply Chain.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. manufacturing and process industries) or the delivery of services (e.g.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Manufacturing Procurement Sourcing Strategies 52

Supply Chain Shaman

JUNE 16, 2014

The older tools from CAPS Logistics, SNO from Oracle, and Manugistics Network Planning are giving way to new technologies like the Logictools product (purchased from IBM), the Solvoyo product for concurrent planning, the Quintiq technology for concurrent optimization, and the Llamasoft technology platform for optimization and simulation.

Supply Chain Design Software 288

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 288

SYSPRO Smarter ERP

OCTOBER 18, 2021

Most manufacturing companies are working on what a low carbon future means for their business with the urgency to cut global CO2 emissions in half by 2030 and strive for a net-zero by 2050. We know that the manufacturing industry is the engine of economic growth and social impact. The pressure to confront climate change.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Resource Reduction Price Reduction 130

Supply Chain Shaman

SEPTEMBER 30, 2012

The ends of the supply chain–both in customer and procurement– are fragile. They would ask how social can impact their supply chain source, make and deliver processes. Last month, I was at a chemical manufacturer, and the Chief Supply Chain Officer walked me to the elevator. Total charges were $46 million with a $.09

Supply Chain Design Software 288

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 288

Supply Chain Shaman

FEBRUARY 7, 2014

Today, only 8% of companies are satisfied with their “what-if” capabilities and only 22% of companies can get to cost data in making planning decisions. We have not been able to build the planning architectures that effectively let manufacturers plan from the customer’s customer to the supplier’s supplier.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 292

Supply Chain Shaman

DECEMBER 12, 2024

Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Share data and build relationships. Procurement was operating in isolation from supply chain.

Supply Chain Design Software 195

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

Supply Chain Shaman

DECEMBER 6, 2013

The new vision will not come from sales talking to procurement buyers. I find it ironic that companies would never implement a manufacturing site without intensive design. Big data supply chains Market-Driven' I think that this is a mistake. The vision is too limited. ” They are too functional in orientation.

Supply Chain Design Software 296

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Modeling Software 296

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) Go to the source. Data Everywhere, Insights Are Few. In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights.

Supply and Demand 402

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 402

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. Transportation modes used in procurement and shipping. Demand forecasts.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 120

Resource Reduction Cost Reduction Strategies Big Data Supply Chain Planning Software 120

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. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

Manufacturing Procurement Trends Procurement Analytics Manufacturing 102

Supply Chain Shaman

MARCH 12, 2019

These sources while functional are difficult to connect. In my experience, usually only 1/3 of data needed for visibility is transactional data. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. Figure 1 is a picture from a client.

Prescriptive Analytics Software 180

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 180

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. Lafley’s turnaround of P&G, through the focus on the two moments of truth (purchase and usage), is an example. “ I scratch my head.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Logistics Viewpoints

FEBRUARY 28, 2022

Artificial intelligence is beginning to be used to update the data. Lead times, for example, are a critical form of master data for planning purposes. Relying on humans to update this data has not worked at all well; people just don’t want to do it. The agent technology is much more complicated than the math.

Optimal Sourcing 355

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 355

ToolsGroup

DECEMBER 17, 2020

We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. These disconnections can seriously hurt manufacturers and retailers in today’s online, service-driven economy where consumer expectations are defined by the Amazon experience.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Logistics Network Optimization Software 275

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions. The Amazon Barbell Will Gain Power.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Many of their suppliers were using the same sub-tier manufacturers. The i-Score helps procurement leaders quickly assess the overall health of their extended supply chains.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 312

Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? And What is Purchasing? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

Procurement Analytics 54

Procurement Analytics Manufacturing Procurement Optimal Sourcing Procurement 54

Talking Logistics

MARCH 9, 2017

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships. Third, any changes required in the ERP system usually require resources that are already backlogged with unfulfilled requests.

Supply Chain Network Software 150

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 150

Supply Chain Shaman

OCTOBER 19, 2022

Planning outside of lead time in the tactical horizon is essential to manage costs, defining buffers, and sourcing strategies. The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. Each planning horizon serves a purpose. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Supply Chain Game Changer

SEPTEMBER 28, 2022

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. Procurement negotiates and sets the conditions for purchase of all goods and services, which by extension impacts cash flow. Further your Procurement team interacts with third parties all of the time.

Negotiating Skills 118

Negotiating Skills Supply Chain Planning Software Negotiate Pricing Supply Chain Strategy 118

Supply Chain Shaman

APRIL 6, 2017

Sitting on the 15th floor of a high-rise apartment, I am writing a research report on Digital Procure-to-Pay. Can substrates be manufactured with yeast? Is there a need for manual manipulation of master data with the evolution of artificial intelligence? Current Order and Purchase Order Processing.

Supply Chain Software 200

Supply Chain Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 200

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Supply Chain Shaman

MARCH 3, 2018

On Wednesday morning, when I finished speaking at the Foundation for Strategic Sourcing in Fort Lauderdale, an executive from J&J pulled me aside and said, “Our strengths, are now our vulnerabilities.” ” A supply chain leader from GE at another conference said, “Yesterday, we called it big data.

Supply Chain Design Software 153

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 153

Supply Chain Shaman

DECEMBER 13, 2015

We can connect through EDI, but a document has latency and limitations for unstructured data. Today, 7% of order and purchase order flows move through business networks. The event will be invitation only for fifteen manufacturers and fifteen technologists. For access to the report on business networks reference this r eport.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation.

Supply Chain Software 151

Supply Chain Software Supply Chain Optimization Optimal Sourcing Supply Chain Strategy 151

Supply Chain Shaman

NOVEMBER 21, 2017

Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. This transfer of ownership reduced the effectiveness of procurement. Robust Market Emerging for Digital Manufacturing Technologies. There is a lot of noise in this market. It is happening. Driving Value in B2B.

Supply Chain Planning Software 153

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 153

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Enterra Insights

MARCH 11, 2021

As sales plummet, and costs skyrocket, industries that previously sidelined procurement and SCM for bigger problems now turn to it in hopes of finding solutions and improved profits.” Big Data, Artificial Intelligence & Machine Learning. ” Sidelining the supply chain in flush times is a bad idea. Urbanization.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning 130