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What is Supplier Relationship Management? Supplier relationship management (SRM) is the process of identifying the suppliers that are critical to a business and implementing a system of managing relationships with those key suppliers. As supply chains become more complicated, the need to develop clear, measurable ways to evaluate how every supplier either contributes to or detracts from the success of a business is more important than ever before.
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Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
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By Kirk Waldrop & ElMarie Hugo. Blue Yonder is committed to helping its customers face the unexpected. To provide insights into the COVID-19 coronavirus pandemic and its impact on supply chains around the world, we are delivering a blog series to help anyone looking for support and advice. Our experts, who have spent years in the supply chain industry, share their insights. .
By Kirk Waldrop & ElMarie Hugo. Blue Yonder is committed to helping its customers face the unexpected. To provide insights into the COVID-19 coronavirus pandemic and its impact on supply chains around the world, we are delivering a blog series to help anyone looking for support and advice. Our experts, who have spent years in the supply chain industry, share their insights. .
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Gartner recently released the 2020 Magic Quadrant for Multienterprise Supply Chain Business Networks (MESCBN). According to Gartner, “MESCBNs are an essential technology component to a successful digital transformation.” While this is undoubtedly true, businesses rarely say “I need a MESCBN solution.” Instead, they address pain points, such as a lack of visibility or inability to swiftly resolve exceptions.
Promotions planning is challenging, but promotions planning software can help alleviate some of the common pain points companies face when they try to improve their forecast accuracy and increase promotions generated revenue. After spending half my career in marketing and the other half in supply chain, there’s one thing I know for certain: marketing and supply chain don’t speak the same language.
Supply chains are complex ecosystems of people, tools, and strategies that are getting increasingly difficult to manage efficiently. With so many stakeholders involved in the process, only a comprehensive supply chain management plan can help you improve business results in the long run. It’s not a feat you can achieve with only one major tool.read More.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
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Organizations across the globe continue to rethink their supply chain strategies, and as a result, more mergers and acquisitions are reshaping the way in which supply chains handle final mile logistics. For some, an acquisition offers the opportunity to enter the final mile space and deliver more e-commerce packages, but others may experience losses in.read More.
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This Monday is an important day. It is Memorial Day, a US federal holiday to honor and mourn the military personnel who have died while serving in the Armed Forces. But that is not the only important thing happening on Monday. It is also my birthday. And while this is exciting, there is still one more important thing happening. On Monday, May 25, 2020, as the Massachusetts economy opens in its multi-phase plan, barber shops […].
Citigroup Chief Executive Michael Corbat told employees they can take an extra day off this Friday (today) after working “harder than ever” in response to the coronavirus pandemic. Cisco told its 75,000 employees to take today off too to recharge after weeks of working remotely amid the COVID-19 crisis. I’m taking (most of) today off. Read more Above the Fold: Supply Chain Logistics News (May 22, 2020).
Naval Sabharwal and Joe Lynch discuss why using one integrated suite for all logistics operations is the best approach for driving logistics and supply chain efficiency and effectiveness. Utilizing fragmented systems limits logistics companies from fully leveraging the data in their systems. Data equals dollars and the 3PLs that best harvest the data (dollars) in their systems will be the most profitable.
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What BD's Control Tower can do seems almost magical. But the control tower's capabilities are a result of the technology and the implementation design. This article describes the design and implementation of BD's control tower. The post BD’s Control Tower Implementation appeared first on Logistics Viewpoints.
This time of the year, I’m usually on the road delivering keynote presentations at industry conferences. But with all in-person events cancelled due to the coronavirus pandemic, I am at home like everybody else. COVID-19, however, has not cancelled the need for supply chain and logistics professionals to stay informed of industry trends, and for. Read more Impact of COVID-19: Insights from Indago Supply Chain Members.
While most people are homebound during the COVID-19 situation, many are still on the frontlines. Essential workers don’t just include hospital staff. This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. These individuals are ultimately helping to turn the tide in the global pandemic. Doing more with less is more critical in manufacturing than ever.
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Promo Planning software reduces risk and helps improve performance of CPG and retail promotions BOSTON (May 21, 2020) ToolsGroup, a global leader in supply chain planning software, today announced the launch of its promotion planning software, Promo Planning, which simplifies and streamlines promotion optimization for retail and consumer products (CPG) companies.
User adoption is a challenge that often arises during the rollout of supply chain analytics solutions. Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of th
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This article was originally posted on the SIG blog. If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And in uncertain times such as these, leaders in every industry and business function must step up.
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