Supply Chain Game Changer

FEBRUARY 5, 2020

As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digital ecosystems procurement teams are so eagerly trying to build. For example, robots performing key process steps in manufacturing plants” ( arkieva.com 2017 ).

Supply Chain Risk Management 73

Supply Chain Risk Management Risk Management Supply Chain Software Gartner 73

Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day. Risk management had been a hard sale.

Agile and Lean Supply Chain 312

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 312

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Chasing N-Tier Visibility.

Supply Chain Visibility 226

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 226

Logistics Viewpoints

OCTOBER 17, 2024

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Make Strategic Commitments During Supply Chain Disruptions During crises such as semiconductor shortages or other supply chain disruptions, make firm, long-term commitments to suppliers.

Manufacturing Procurement 241

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 241

Resilinc

FEBRUARY 5, 2024

Let’s first understand the meaning of “enterprise risk management” and how it relates to supply chain risk management. What is Enterprise Risk Management? How is ERM different from supply chain risk management?

Risk Management 95

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 95

Logistics Viewpoints

AUGUST 29, 2022

Supply Chain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supply chain risk management solutions. Supply Chain Risk Management Vendors.

Risk Management 214

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 214

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

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

Exiger Perspectives

SEPTEMBER 12, 2024

We’re excited to dig into the potential of AI to transform procurement, as we’ve seen how Exiger’s supply chain AI can deliver 10X impact for customers, from supplier vetting and value chain intelligence to supply chain resilience. But when you add AI into the equation, moonshot mindset is more fitting.

Analytics Software 52

Analytics Software Predictive Analytics Software Demand Planning Software Manufacturing Procurement 52

Kinaxis

SEPTEMBER 6, 2017

An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! For example, let’s say you modeled the lead time from “supplier A” to your manufacturing facility as 7 days. I used lead time as an example here.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 241

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

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

Exiger Perspectives

APRIL 29, 2024

As Forbes has reported: Exiger Has Taken the Supply Chain Risk Market by Storm , and Fast Company called us a 2023 Brand That Matters. The experts who help build Exiger’s solutions also share useful insights that are developed into shareable resources that can fortify your awareness of the many risks that lurk in supply chains.

Analytics Software 52

Analytics Software Predictive Analytics Software Demand Planning Software Supply Chain Software 52

Exiger Perspectives

MAY 15, 2024

This is especially urgent for semiconductor manufacturing and procurement, and the CHIPS Act is fostering ways to diversify supply chains. Consider, for example, how GenAI is helping procurement professionals make more informed decisions.

Gartner 52

Gartner Resource Reduction Vendor Strategies Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Resilinc

MAY 21, 2024

A factory fire may receive a lower rating than a major event like bankruptcy, for example. These updates were born out of Resilinc’s push to harness predictive AI to unlock future insights and streamline supply chain risk management. For example, the algorithm can look at historical data and detect seasonality.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Optimal Sourcing Modeling 100

HICX Solutions

JANUARY 22, 2019

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

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

Exiger Perspectives

MAY 28, 2024

Learn how 1Exiger, our first-of-its-kind, end-to-end supply chain platform, is empowering procurement, risk, compliance and supply chain professionals to harness advanced AI. Learn how Proactive Intelligence can transform your supply chain risk management efforts.

Gartner 52

Gartner Analytics Software Supply Chain Software Predictive Analytics Software 52

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

Exiger Perspectives

JUNE 27, 2024

For example, over 12 million farmers worldwide must now ensure their produce can be traced back to non-deforested origins. Integrating EUDR requirements into processes : Incorporate the necessary compliance checkpoints with other ESG and supply chain risk management efforts.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Resource Reduction Price Reduction 52

ivalua

MAY 9, 2019

Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. While Procurement might not consider these relationships strategic, they are critical nonetheless.

Supplier Management 145

Supplier Management Manufacturing Procurement Procurement Solutions Optimal Sourcing 145

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. I’ve seen an increase in the number of large and medium-sized Life Sciences companies that are investing in supply chain risk management.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 262

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 262

Exiger Perspectives

OCTOBER 29, 2024

government prime award recipients for the supply of radiopharmaceuticals, including Tc- 99m and derivative materials, over the last five years, limited to Lantheus, Curium U.S., For example, in the last five years , at least three of five Lantheus customers have supplied the U.S. Sankey denoting U.S. Government Dept.)

Czech Republic 52

Czech Republic Manufacturing Procurement Netherlands Belgium 52

ivalua

MAY 1, 2020

There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders. Others may still be applied to help businesses better manage the effects of the crisis. Balance Procurement Objectives. Spend under management is key. Yes, cost still matters. The same applies to suppliers.

Negotiating Skills 130

Negotiating Skills Negotiate Pricing Optimal Sourcing Supply Chain Planning Software 130

ivalua

NOVEMBER 26, 2020

Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. The post What are the best Supply Chain Strategies for 2021 appeared first on Ivalua.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

SCMDOJO

SEPTEMBER 19, 2024

When it comes to online learning, Coursera is a well-known learning platform offering a wide range of courses across various disciplines, including supply chain management. On the other hand, SCMDOJO is a specialized platform dedicated solely to supply chain and procurement professionals.

Course 98

Course Supply Chain Design Software Supply Chain Planning Software Comparison 98

Talking Logistics

JANUARY 5, 2014

Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. Use them to your advantage.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Logistics Viewpoints

FEBRUARY 26, 2024

A customer of the risk solutions begins by listing key suppliers. Then the risk solution fills in the gaps. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 280

ivalua

APRIL 23, 2020

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The May 5 th programme is open to everyone, while the 6 th is limited to current Ivalua customers. .

Supply Chain Planning Software 46

Supply Chain Planning Software Procurement Supply Chain Software Supply Chain Planning 46

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes have increased the speed and accuracy of information flow, enabled real-time visibility, and improved collaboration among supply chain partners. Furthermore, talent shortages pose a challenge to supply chain management. Another notable example is the technology sector.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Talking Logistics

JULY 5, 2017

A great example is a procurement professional who has spent the last 30 years perfecting the art of “buying.” The Vested methodology teaches that the partnering with strategic suppliers outperforms “buying,” but it is very difficult for procurement professionals to let go of old-school dogmas that focus on price and not value.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

Exiger Perspectives

JULY 14, 2023

Alternate sources are possible, but challenges remain Some organizations had already been taking steps to avoid supply chain disruption. Defense Logistics Agency, for example, has stockpiled germanium and undertaken recycling initiatives to minimize negative impacts. This includes the U.S.

China 40

China Supply Chain Planning Software Supply Chain Planning Supply Chain Software 40

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.

Predictive Analytics Software 59

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

Exiger Perspectives

SEPTEMBER 10, 2024

This wealth of data is critical for achieving supply chain resilience , helping organizations navigate larger and more complex supply chains along with challenges that range from procurement risks and global regulations to sustainability demands.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Supply Chain Optimization Optimal Sourcing 52

Enterra Insights

OCTOBER 17, 2019

You might find then find it surprising that a recent survey, conducted by Verdantix, found more than half of the company representatives who responded indicated “they still use a mix of spreadsheets and paper” as part of their supply chain risk management process.[1] ” Footnotes. [1]

Supply Chain Risk Management 100

Supply Chain Risk Management Supply Chain Planning Software Supply Chain Design Software Risk Management 100

Enterra Insights

AUGUST 11, 2022

It is unclear, for example, just how rising world temperatures might alter the frequency of these battering storms, a fact that deniers of climate change often cite in their effort to play down its risks. Cassidy, “ Coming US hurricane season heightens supply chain risks: Convoy ,” The Journal of Commerce, 9 April 2021. [9]

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Supply Chain Planning 130