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Supplychain practitioners seeking the best way to speed decision intelligence, unify supplychain data, and increase operational efficiency can benefit from a supplychain data gateway. Here are 10 ways a supplychain data gateway can improve your performance across the end-to-end supplychain.
The modern supplychain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supplychain compliance.
When one thinks of supplychain software vendors, the name InterSystems may not spring to mind. A supplychain data fabric can help companies augment their supplychain processes. They aim to achieve the same success in supplychain management that they have achieved in the healthcare sector.
When you talk to companies that have implemented enterprise or supplychain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex implemented a multi-enterprise supplychain network platform from SAP called SAP Business Network.
Continual technological changes necessitate adjustments to manufacturing and supplychain processes, leading to a heavy volume of contracts that outpaces most industries. The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly.
Expanded health insurance coverage led to increases in the demand for care. This lowered hospitals’ margins and created an impetus for hospital chains to begin to tackle costs, but to do so in a manner that did not compromise patient outcomes. Procurement became a logical place for leading healthcare systems to focus.
In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. The high-tech firm is more than a manufacturer of PCs, tablets, smartphones, and servers.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group
Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurementplan. This session will also cover: How to widen your pool of potential suppliers to achieve stronger supplychain resilience and adaptability.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The question was, “How can I redefine demandplanning processes to use channel data?” A forecast is a time-phased view, or projection, of future demand.
She wrote, “I have been working in the supplychain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. In a recent blog post, I was challenged by Anna.
Demand forecasting has evolved dramatically in recent years. Businesses have shifted from supply-focused approaches to demand-driven models, yet many still struggle to balance accuracy with agility. What is Demand Forecasting in SupplyChain Management? What is Demand Forecasting in SupplyChain Management?
Speaker: Fernando Penteado, CPSM - Supply Chain and Logistics Executive, Global Markets Expert, and International Speaker
The still-persistent effects of the pandemic have made it clear that the skills and tools that characterize traditional S&OP are not enough to respond to unprecedented interruptions. How should the S&OP process evolve to face these challenging times?
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Approximately 40% of U.S. More than 50% of U.S.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supplychain leaders cite cost reduction as one of the top three priorities currently.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychainplanning market. Let’s hope that these new executives see the light of a new day. OMP, like o9 and Kinaxis, benefited from the SAP’s APO migration failure.
In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
It will have a long-term impact on all industries, even those that don’t directly relate to the chip manufacturers. TadaNow has helped many customers with short-term and long-term planning to prepare them for supplychain shortages and procure needed electronics components in the most efficient way possible.
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.
Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. When records are centralized, a single error, hack, or failure can lead to significant disruptions.
For many companies, this process begins with an overhaul of their manufacturing processes, looking at ways to promote sustainable manufacturing. Sustainable manufacturing is one step in the process of building sustainable supplychains. What exactly is sustainable manufacturing?
My last post on the SupplyChain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supplychain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. Let’s learn and apply it to supplychain management.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supplychain will provide employees with the following: More Strategic Procurement. More Efficient Manufacturing as well as ability to fill the skills gap & make more strategic employees. Importance of Integrating Automation for Improved SupplyChain Visibility.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years.
For the first in seven years, I was not heads-down preparing for The SupplyChain Insights Global Summit. During this pandemic, sensing market changes, using data, and driving decisions at the speed of business matters more than ever. Tarif issues on Canadian spruce lumber complicate the surge in demand for the building surge.
Let me explain, if you fill out one of my surveys on LinkedIn, I share the research results in front of the paywall (I believe that supplychain research should be readily available and not locked behind a paywall.) (If We are trying to assess the value of a network in managing contract manufacturing.)
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supplychain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supplychain.
This eBook shares how supplychain leaders leverage their supplychain design software to tackle a variety of challenges and questions. Creating a strategic digital twin (digital representation) of your supplychain network. Optimizing your supplychain based on costs and service levels.
Organizations use S&OP as a hammer in search of a nail. Currently, LinkedIn is flooded with smiling pictures of supplychain business leaders attending conferences. The panel group is sourced from my group of LinkedIn followers. I know, a SupplyChain Center of Excellence sounds like a good idea.
Even before the Covid-19 pandemic disrupted global supplychains and upended the global economy, supplychain experts insisted that supplychain resilience was essential. There is a] need to prepare supplychains not only to survive, but to thrive in chaos.”[1] The reason?
For the past few years, the news has been filled with stories about supplychain disruptions, supplychain fragility, and the need for supplychain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be.
During the pandemic, demand fell, and it was now available. The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supplychain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm.
Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst
The supplychain management techniques that dominated the last 30 years are no longer supporting consumer behavior or logistics and manufacturing capabilities. What should your plans for 2023 include? You'll learn more about: Trending supplychain tech investments to consider. So what’s working now?
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
We stubbed our toe in supplychain management at the beginning of the decade. Facing The Issues of SupplyChain Performance. As I work through this year’sSupplyChains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supplychain wake-up call to build better.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supplychain resilience. Background The Council of SupplyChain Resilience met for the first time this month. Let’s start the beginning. The reason?
How should a global manufacturer make a decision? And how can supplychainplanning help? My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. My goal was to think harder about how to best implement Advanced Planning before I wrote my next post.
Medical and pharmaceutical manufacturers have faced increasing logistical challenges over the past two years. Amid significant regulatory and compliance changes around the world, they've had to contend with massive supplychain disruptions caused by the pandemic.
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.
When reviewing strategy decks for supplychain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Companies became less clear on the definition of supplychain excellence and how to implement decision support technologies. ” Sound familiar?
Your Aftermarket SupplyChain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. And demand patterns are highly unpredictable. Your distribution network spans multiple locations. The outcome?
The phrase signified uncharted or dangerous areas where cartographers warned mariners “we don’t know what’s there, so beware.” ” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known.
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