SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. The situation changes with a larger number of suppliers.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

The Network Effect

OCTOBER 3, 2014

Electronic communication between suppliers and customers (zero latency preferred). Demand analytics around EDI transaction sets 830, 862, 866, as well as any web-based electronic communication. From a measurement perspective the key trending metrics at a high level include: Supplier on time delivery.

Supply Chain Network Software 195

Supply Chain Network Software Automotive Modeling Software Supply and Demand 195

EcoVadis

FEBRUARY 28, 2018

The complexity of the electronics supply chain leads to a variety of sustainability issues, including unfair labor practices, presence of harmful chemicals and conflict minerals. Sustainable procurement offers benefits for all parties – it delivers customers safe, ethically sourced products, and reduces overall supply chain risk.

Electronics 63

Electronics Optimal Sourcing Sustainability Resource Reduction 63

Supply Chain Shaman

OCTOBER 20, 2012

We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening. Other industry groups did not.

Inventory Reduction 263

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 263

Supply Chain Game Changer

NOVEMBER 3, 2022

For instance, electronic data interchange (EDI) enables seamless communication between your company and your partners using electronic forms. This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). Procurement Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Supply Chain Shaman

NOVEMBER 21, 2017

This transfer of ownership reduced the effectiveness of procurement. Stalled progress on metrics: 90% of companies find themselves stuck on key supply chain metrics (cost, inventory, growth, ROIC). We need to challenge the fundamentals of the past and redefine the atoms and electrons of the processes of the future.

Supply Chain Planning Software 153

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

Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? My goal in redefining electrons focuses on planning/insights, networks and the use of analytics.

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Matters

JANUARY 21, 2025

Within the report, each risk is assigned a risk score metric to help global supply chain leaders prioritize planning and mitigation efforts this year. The report outlines the most critical supply chain cybersecurity risks, particularly for the manufacturing and electronics industries. All rights reserved.

Supply Chain Disruption 59

Supply Chain Disruption Study Supply Chain Planning Software Supply Chain Strategy 59

Taulia

OCTOBER 7, 2021

The procurement process is a critical business function, but how do you measure how effectively the process is managed in your business? Setting KPIs for your procurement department can help to demystify their performance and deliver insights into where improvements can be made. So which procurement metrics and KPIs should you measure?

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 52

Supply Chain Opz

JANUARY 8, 2015

In one high-tech medical electronics firm, an executive decision was made to penetrate a new market with products no other company offered. If the procurement function is focused on low-price instead of agility, then there’s no chance for success. Create the right metrics and monitor them.

Resource Reduction 100

Resource Reduction Price Reduction Cost Reduction Strategies Inventory Reduction 100

Talking Logistics

DECEMBER 4, 2017

When it comes to electronic ordering, real-time order visibility, and the use of mobile apps and technology, Domino’s Pizza is much further up the supply chain maturity curve (see video demonstrating Domino’s Tracker app ). Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

Material Savings 0

Material Savings Conference Supply Chain Planning Software Supply Chain Software 0

EcoVadis

MARCH 17, 2011

The IT and telecommunications sectors have long been at the forefront of sustainable procurement, yet the pressure to successfully actualize sustainable practices along each stage of the supply chain (raw materials, manufacturing and end-of-life recycling) is intensifying.

Electronics 40

Electronics Manufacturing Procurement Procurement Analytics Supply Chain Planning 40

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During In our program, cost avoidance, while desirable, does not count towards the metric. We would not have succeeded without a team effort across R&D, the business leaders, and SC disciplines of engineering, procurement, and manufacturing.

Case Study 287

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 287

Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Optimal Sourcing 50

Optimal Sourcing Cost Reduction Strategies Vendor Strategies Procurement 50

SupplyOn

NOVEMBER 19, 2019

A scientific survey details the positive effects of electronic invoicing for the invoice’s issuer and the recipient Despite all the buzz over catchwords like Industry 4.0, automation and digital transformation, when it comes to invoicing, we still live in a mainly analogue, non-electronic, non-automated world.

Electronics 40

Electronics Survey Optimal Sourcing How To 40

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Elementum

MARCH 27, 2018

million metric tons (or 60% of the world’s supply). million metric tons. Apple: Electronics Makers Risk Being Nudged out by Automakers. About a quarter of global cobalt demand comes from companies that make smartphones and other electronic devices. Where Do Companies Get Their Cobalt? Conclusion.

Resource Reduction 87

Resource Reduction Resources Manufacturing Procurement Congo 87

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. Get OUR EBOOKS HERE. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 132

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 132

RFgen

JANUARY 8, 2025

Real-Time Analytics: Track usage patterns, stock levels, and procurement needs for data-driven decision-making. Vendor Management : Centralize supplier information and automate reordering to simplify procurement processes. The software should maintain compliant electronic signatures and audit trails for all inventory transactions.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Planning Software 52

ivalua

AUGUST 19, 2021

Historically, so much of what Procurement teams did went unnoticed. Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Here are some of my takeaways.

Optimal Sourcing 130

Optimal Sourcing Metrics Procurement Sourcing Strategies 130

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

EcoVadis

MAY 19, 2016

Procurement technology should make it easy to source ethically. Supply chain transparency is one of the key challenges facing Procurement and Sourcing in the coming years. The same is true of Procurement solutions: the abilities – and limits – of the technology play a key role in shaping buyers’ expectations of their own abilities.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

RFgen

JANUARY 16, 2025

Different manufacturing systems supported include: Discrete Manufacturing : Ideal for industries like electronics and machinery fabrication, where tracking individual components and finished products is essential. The software calculates your actual production costs, incorporating material usage, labor hours, and overhead expenses.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

EcoVadis

OCTOBER 17, 2017

A significant amount of waste – including flame retardants and gas pollutants – is generated during the manufacturing process of electronic components, which is hazardous to both plant workers and the environment if not handled and disposed of properly. million metric tons this year. The challenges are only growing.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Businesses can dramatically reduce the costs associated with establishing new supplier relationships, expedite onboarding activities and relevant procurement processes. What is supplier relationship management?

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Optimal Sourcing 111

Enterra Insights

JULY 18, 2023

.” According to The Economist , “Water shortages, combined with reputational damage and regulatory overreach, could affect many hydro-dependent industries, from food production, mining and power generation to apparel and electronics. Stimulate private investment through blended financial solutions.”

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Taulia

NOVEMBER 2, 2020

The procure-to-pay process can be streamlined in a number of different ways, and one of the most important tools available is invoice automation. Solutions that can help companies achieve this range from user-friendly electronic invoicing solutions to cognitive invoicing tools that parse supplier invoices directly into the buyer’s ERP system.

Supply Chain Software 52

Supply Chain Software Optimal Sourcing KPI Optimization Software 52

Elementum

MARCH 27, 2018

million metric tons (or 60% of the world’s supply). million metric tons. Apple: Electronics Makers Risk Being Nudged out by Automakers. About a quarter of global cobalt demand comes from companies that make smartphones and other electronic devices. Where Do Companies Get Their Cobalt? Conclusion.

Resource Reduction 60

Resource Reduction Resources Manufacturing Procurement Congo 60

Unleashed

JULY 2, 2024

It’s a function of procurement that plays a vital role in effective supply chain management, ensuring optimal stock levels are achieved by balancing purchasing with accurate demand planning. Streamlined procurement processes and clear communication facilitated by purchase order management save time and reduce administrative burdens.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Pricing Training 52

The Logistics of Logistics

JUNE 15, 2013

It also offers Logistics Procurement apps to negotiate competitive contracts in a network as well as the JDA Transportation Manager, Modeler and Planner which syncs up planning and execution stages, models experimental transport networks and maximizes use of assets. HighJump Transportation Management System.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Network Software Modeling Software Optimization Software 100

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. Today, I don’t deal with the product as much as a service provider, but I have electronics companies, I have consumer goods companies, and I have manufacturing companies that I work with.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In addition, 46% of the companies deemed “most innovative” in the study reported having 80-100% electronic connectivity with their trading partners. [4]

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 98

QAD

JUNE 28, 2022

Taking Ford as an example, the company is working with key suppliers in China, India, Thailand and South Africa to eliminate over 4,900 metric tons of CO2 and 24 million gallons of water usage over the next three years. The environmental issues include deforestation, excessive energy use, hazardous emissions, e-waste and water pollution.

Cost Reduction Strategies 98

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 98

Supply Chain Shaman

JUNE 15, 2015

After a busy week with high-tech and electronics clients, my fingers are itching to help others solve a different type of puzzle. Ariba, while mature for indirect procurement, is still not the preferred method for direct material management. As I look below, I see field after field of United States farmland. The adoption rate is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. I had to simultaneously drive improvements across all dimensions: major processes, customers, functional areas, metrics, facilities, and finally culture. Infographic).

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

EcoVadis

NOVEMBER 5, 2017

Accordingly, enormous amounts of electronic waste, which largely end up in landfills and outside of legal take-back systems , along with all well known environmental impacts, continue to rise. million metric tonnes (Mt) and predicted an increase to 50 million Mt of e-waste in 2018 ( United Nations University 2014 ).

Supply Chain Design Software 60

Supply Chain Design Software Optimal Sourcing Supply Chain Network Software Sourcing Strategies 60