ivalua

APRIL 15, 2020

Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Registration is free for procurement, finance and supply chain practitioners and can be done online at Ivalua’s website. Redwood City, CA.

Optimal Sourcing 43

Optimal Sourcing Procurement Meeting Washington 43

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? Every year, The Hackett Group surveys global organizations to better understand their top priorities. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains.

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

Logistics Viewpoints

OCTOBER 24, 2024

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. The Warner Music Group was an early adopter. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker.

SAP 279

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 279

Logistics Viewpoints

JUNE 7, 2022

The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supply chain and procurement operations. Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point.

Agile and Lean Supply Chain 315

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 315

Supply Chain Shaman

FEBRUARY 28, 2021

Each group—marketing, sales, finance, and supply chain — takes a time-phased snapshot of the river using different models, granularities, and biases. There is no demand visibility signal grounding all groups in baseline demand or market potential. Procurement Operates On An Island. Lack Of Grounding. The reason?

Supply Chain Planning Software 372

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 372

Supply Chain Shaman

APRIL 9, 2021

Informational Technology groups reporting to the Chief Financial Officer. Belief in efficient procurement. Investment in indirect procurement hi-jacked investment in building value networks. Over the decade, procurement became more of an island. Mistake #2. Mistake #5.

Supply Chain Planning Software 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. In my forty years of studying supply chain planning, the groups became larger, but with questionable results.

Inventory Reduction 402

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 402

The Logistics of Logistics

NOVEMBER 15, 2023

Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.

Optimal Sourcing 288

Optimal Sourcing Analytics Software Optimization Software Supply Chain Network Software 288

Logistics Viewpoints

MARCH 28, 2022

Michelle Sodomka, Senior Director at Open Sky Group. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Open Sky Group is focused on consulting and implementation of Blue Yonder ’s warehouse, labor, and transportation management solutions.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Freight Security Predictive Analytics Software 53

Logistics Viewpoints

OCTOBER 17, 2024

Adopt a Holistic Direct Spend strategy Move beyond isolated tactics and adopt a holistic, approach to direct spend that integrates sourcing, contract management, procurement and invoicing. This means involving procurement in the highest levels of strategic planning and decision-making.

Manufacturing Procurement 279

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 279

Freightos

AUGUST 19, 2024

Together, we can offer a complete solution that covers the digital procurement of both spot and contract freight services, across air, ocean, road, and rail. We estimate that tenders account for some 50%-70% of freight procured, at the lower end for air, at the higher end for ocean.

Optimal Sourcing 272

Optimal Sourcing Logistics Network Optimization Software Rail Software Supply Chain Network Software 272

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Shift in cycles. Over the past three years, supply chain cycles shifted.

Supply Chain Planning Software 386

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 386

Precoro

JULY 1, 2024

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

Purchasing Skills 86

Purchasing Skills Procurement Solutions Procurement Analytics Negotiate Pricing 86

Synovos

NOVEMBER 10, 2023

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. ESG Report: FY24 www.rsgroup.com/media/bsocsl4m/rs-group-esg-h1-highlights-pack_-november-23.pdf

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 294

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 294

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 309

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 309

ivalua

NOVEMBER 3, 2021

Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Integrate sustainability goals into supplier and commodity group management.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiate Pricing Negotiating Skills 130

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Both companies outperformed their peer groups. Henkel is underperforming its peer group. When compared to pre-recession years, we ended the decade with twenty more days of inventory.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Logistics Viewpoints

OCTOBER 15, 2024

Direct Procurement : Milk is collected directly from farmers at the village level. Amul has also implemented a Geographical Information System (GIS) at both ends of the supply chain (milk procurement and marketing). This empowers them to have a stake in the business and share profits.

Optimal Sourcing 273

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 273

Supply Chain Shaman

APRIL 15, 2020

To adapt, I recommend that companies form two groups: Operational/Business Continuity Group. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. The goal of this team is to minimize disruption.

Supply Chain Planning Software 439

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 439

Supply Chain Shaman

FEBRUARY 4, 2025

Process-based companies continue to focus on manufacturing efficiency (OEE) and discrete on procurement (PPV) without designing the supply chain to balance transportation, manufacturing, and procurement to a balanced scorecard. I define supply chain excellence as the ability to outperform an industry peer group during a time period.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

Logistics Viewpoints

JANUARY 3, 2025

Novonix is also collaborating with local educational institutions to create STEM-focused training programs and offer employment opportunities to disadvantaged groups. The project is expected to create 450 jobs and produce 31,500 metric tonnes of synthetic graphite annually, supporting 325,000 EV batteries.

Supply Chain Software 280

Supply Chain Software Negotiating Skills Supply Chain Planning Software Purchasing Training 280

Logility

MAY 25, 2022

Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. Doing so enables these three groups to work together seamlessly toward common objectives without ignoring other business needs. Let’s face it ? the traditional supply chain model is falling short.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

QAD

JANUARY 16, 2025

This complexity is amplified for organizations like KION Group AG with a global footprint, necessitating strong relationships and clear communication with suppliers at every level to respond proactively to shifting market conditions. This approach was increasingly insufficient for a company of its scale.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Negotiating Skills 52

The Logistics of Logistics

JANUARY 13, 2023

Earlier in his career, Trey was part of the Flexport Atlanta founding team and led Kuehne + Nagel’s account management group where he helped design and operate automotive, high tech, and industrial manufacturing supply chain solutions. Streamline procurement. Access diverse sources of supply.

Manufacturing Procurement 239

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 239

Logistics Viewpoints

FEBRUARY 11, 2021

In a recent survey by Procurement Leaders , 54% of the CPOs reported that they have regular touchpoints with the CEO and are considered a key stakeholder. In conjunction with the new product launches, phasing out existing products and components is another area where supply chain and procurement need to work together.

Manufacturing Procurement 272

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 272

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Logistics Viewpoints

SEPTEMBER 20, 2024

Climate Week NYC was created in 2009 by the nonprofit “Climate Group.”It The group This year released a Global To-Do List that includes seven actions for governments and businesses to address climate change within the next 12 months. If you are planning on also attending some events please reach out or say hello! Developed at the U.S.

Supply Chain Planning Software 287

Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction Supply Chain Software 287

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

Cost Reduction Strategies 195

Cost Reduction Strategies Material Savings Vendor Strategies Survey 195

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. Building Strong Relationships with Suppliers: Efficient procurement goes beyond just placing orders.

Inventory Reduction 105

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 105

The Logistics of Logistics

FEBRUARY 11, 2022

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics.

Cost Reduction Strategies 246

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 246

Talking Logistics

OCTOBER 25, 2023

Last month, Descartes Systems Group (a Talking Logistics sponsor) held its “2023 Descartes Innovation Forum for Broker, Forwarder and Customs.” I served as a panelist on a session titled, “AI in Logistics Technology – Ally or Adversary?” I was joined on the virtual stage by Nelson Cabral, National Customs Manager at DSV Air & Sea.

Logistics Network Optimization Software 290

Logistics Network Optimization Software Supply Chain Software Industry Industrial 290

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. This was a gift from a member of a group that I am facilitating.) Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 283

Supply Chain Shaman

SEPTEMBER 27, 2021

My thought was to combine my experience working on visibility solutions with Descartes Systems Group and Manugistics with recent research data. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. I volunteered to write a report on supply visibility.

Supply Chain Planning Software 332

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 332