ShipBob

DECEMBER 28, 2022

Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals. Rather than making a purchasing decision off of the initial cost, strategic product sourcing allows you to refine your sourcing process by conducting ongoing market analysis and forming strong relationships with suppliers. .

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

HICX Solutions

JANUARY 22, 2019

From securing a better deal to early warnings on supplier risk , these are the areas where change is coming. Automating purchase-to-pay processes. The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

Precoro

JUNE 17, 2024

Internal supply chain risks are related to the company's own operations, for example, inefficient purchase order approval workflow or inaccurate budget estimates. Importance of Supply Chain Risk Management Risk management is an important component of a general supply chain management strategy.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 89

Exiger Perspectives

MARCH 30, 2023

Issues with Many SCRM Programs Supply chain management and supply chain risk management (SCRM) have become a greater priority for businesses and government organizations in the last five years, according to Gartner.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

CH Robinson Transportfolio

APRIL 27, 2021

Although the Suez Canal handles only 13% of global trade, its blockage rippled through the supply chain worldwide. The BBC reported that 369 ships were stuck waiting for the Ever Given to be refloated. For an example of the negative effects this sort of delay can have, let’s look at perishable deliveries.

Risk Management 49

Risk Management Supply Chain Risk Management Supply Chain Planning Software Supply Chain Strategy 49

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

The Logistics & Supply Chain Management Society

JULY 16, 2023

An example of an advanced halal ecosystem is Modern Halal Valley in Banten, Indonesia. Halal risk performance measurement CEO’s and Board members need to understand the complexity and sophistication of current business risks in order to respond intelligently.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Gaining a Full Picture of Supply Chain Threats.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Talking Logistics

JUNE 27, 2014

Another example of the wrinkles in our lives , and how we respond to them. In other news… Supply Chain Risk Management Now a Priority for Most Businesses ( Accenture ). Several reports have been published in recent years underscoring the growing importance of supply chain risk management.

Logistics Network Optimization Software 142

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 142

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). The PoV proposes that “ API and EDI integration” is “the future” and cites examples where APIs (e.g.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

EcoVadis

MARCH 31, 2017

Predictable risks are still causing significant losses on a daily basis. Many organizations are losing millions, and in some Global 3000 cases, billions of dollars a year due to ineffective supply chain risk management and monitoring. which can vary by geography.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Enterra Insights

SEPTEMBER 14, 2022

. … The most important one is that there is a need to not only look at the demand side but to also look at the supply chain when one wants to improve the customer experience, especially when the customer intention is a purchase.”[2] ” • Improve supply chain visibility. ”[3]. ”[9].

Gartner 130

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

Supply Chain Game Changer

JUNE 2, 2020

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. He is a frequent speaker, college lecturer and author on topics that include Supply Chain Risk Management, Environmental Sustainability and Governance, and the use of new A.I.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

Jaggaer

OCTOBER 22, 2020

José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

OCTOBER 22, 2024

Some industry reports point out reluctance to route January 2025 import volume via east coast ports because of ongoing uncertainty. West Coast Port of Los Angeles reported 27 percent higher container volumes processed in the period from July to September. A published report by Business Broadcasting Network CNBC titled: U.S.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Supply Chain Software Buyer Training 52

Logistics Viewpoints

FEBRUARY 25, 2022

The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. The Potential Impact on the Commodity Supply Chain. Supply concerns may also spur oil stockpiling activity, which supports prices.”. shale or Iran, for example. Oil Prices Jump.

Price Reduction 228

Price Reduction Ukraine Russia Logistics Network Optimization Software 228

Talking Logistics

JUNE 5, 2017

Take BMW as the latest example. As reported in the Wall Street Journal last week: “Automotive value chains are international. As reported in the Wall Street Journal last week: “Automotive value chains are international. What is happening to BMW today is another case study in supply chain risk management.

Supply Chain Software 123

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 123

Resilinc

NOVEMBER 14, 2023

Companies are now being required to show what their supply chain looks like. For example, if a company’s shipment gets stopped by customs at the border, they may be required to show where it was manufactured through proof of purchase orders and invoices. Analyzing the supply chain after you’ve built it is important.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Resilinc

MARCH 7, 2023

According to our data, Extreme Weather was the 11 th highest reported disruption in 2022. If you don’t know where your suppliers are located or where your parts come from, you’ll likely be behind the supply chain resiliency curve when severe weather strikes. Interested in sending ongoing supplier risk assessments?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Puerto Rico 62

Supply Chain View from the Field

AUGUST 11, 2015

I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurement analytics and supply management risk. Supply chain risk management brings up a whole host of issues – and as one executive pointed out, is rather a sophisticated concept.

Purchasing Skills 60

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Supply Chain Design Software 60

Talking Logistics

JULY 7, 2017

In their June 2005 paper titled, “ The Effect of Supply Chain Disruptions on Long-term Shareholder Value, Profitability, and Share Price Volatility ,” Kevin Hendricks and Vinod Singhal report the following findings from their research: Disruptions have a negative across the board effect on stock price, profitability, and share price volatility.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Japan Purchasing Skills 0

Talking Logistics

DECEMBER 11, 2014

Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions.

Predictive Analytics Software 205

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 205

BlueYonder

SEPTEMBER 8, 2022

Think Hurricane Harvey, for example, which prevented the accessibility of cities and prevented goods from moving in and out of cities. For example, the conflict in Ukraine is making it difficult to get wheat out of the country and could lead to food supply shortages, especially given Ukraine is one of the world’s largest wheat exporters.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Disruption Logistics Network Optimization Software Prescriptive Analytics Software 52

Supply Chain Game Changer

MARCH 8, 2021

This guide will look at some examples of cyber security threats in retail, as well as how to prevent them. Examples of Cyber security Threats for Retail. with reports showing that 1 in 8 retailers experience some form of cyber attack every year. Prevention of Cyber attacks for Retail.

Retail 98

Retail Supply Chain Network Software Security Purchasing Training 98

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Enterra Insights

JULY 25, 2019

For example, Hailey Lynne McKeefry ( @HaileyMcK ) writes, “Supply chain professionals are talking a lot about blockchain, and how it can be applied to address the increasingly global and complex nature of the supply chain. They are: Tracking products moving through the supply chain.

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 100

GlobalTranz

JANUARY 5, 2016

Then, as a treat, we have 10 more bonus supply chain trends for 2016 in the form of an infographic from irms 360 Enterprise, a Cloud Warehouse Management System. Supply Chain Trends 2016: 5 Additional More Areas of Focus. A Bigger Focus On Supply Chain Risk Management, Especially Resiliency.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Supply Chain Opz

JUNE 1, 2014

During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. Steve Jobs invited the Tim Cook to help to improve Apple''s Supply Chain in 1998. About 20% of orders are direct-to-store (for example, dog food products).

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

EcoVadis

MARCH 17, 2016

However the empirical evidence overwhelmingly indicates a significant gap exists in making audits a truly effective tool for supply chain risk management. Audits are ineffective tools for detecting, reporting , or correcting environmental and labour problems in supply chains.”. Limitation 2- Cost.

Manufacturing Procurement 61

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Analytics 61

Taulia

JUNE 22, 2020

And with that said, it’s important to consider what risks are present in your supply chain and, more importantly, what you can do to prepare for them. What are supply chain risks? The first step in putting together a supply chain risk management plan is to understand what the potential risks are.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain Supply Chain Software 52

RFgen

SEPTEMBER 9, 2016

Having effective supply chain mapping tools is also integral for mitigating risks and adhering to trade regulations, especially at a global scale. A recent news report from U.S. How Supply Chain Management Can Practice Better Mapping.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Supply Chain Manufacturing Procurement 52

RFgen

SEPTEMBER 9, 2016

Having effective supply chain mapping tools is also integral for mitigating risks and adhering to trade regulations, especially at a global scale. A recent news report from U.S. How Supply Chain Management Can Practice Better Mapping.

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Supply Chain Manufacturing Procurement 52

SupplyOn

APRIL 16, 2020

Nonetheless, in terms of data consolidation, it is vital to efficiently combine this data from the various sources and to match it with your own supply chain network. Plus, they can also precisely identify which purchased part and thus which production step on their side is affected.

Sourcing Strategies 40

Sourcing Strategies Risk Management Supply Chain Planning Software Supply Chain Network Software 40

Logility

JANUARY 28, 2022

Supply chain transparency and traceability is a must-have for organizations that want visibility into every level of their multi-tier supply network to share critical information with stakeholders. A 2021 McKinsey report suggests that COVID has put supply chain risk on everyone’s radar. Play Offense.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

QAD

DECEMBER 8, 2022

Take this example: cybersecurity supply chains require hardware and software, cloud or local storage and distribution mechanisms. All these moving parts necessitate supply chain software risk management. Regarding external risks, the world is in distress due to what J.P.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 98