article thumbnail

The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. million in 2015. Benefits of Investing in Supply Chain Visibility To address these challenges, businesses are increasingly turning to supply chain visibility solutions.

article thumbnail

UltraShipTMS Chosen by Leading Small Town Retailer, Stage Stores

Supply Chain Collaborator

Monday, March 2, 2015 – Fair Lawn, NJ – UltraShipTMS announces the latest addition to its growing roster of valued client companies – America’s leading small town retailer, Stage Stores. Online vendor portals will allow greater collaboration and visibility for suppliers of Stage Stores.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Building a sustainable automotive supply chain

IBM Supply Chain Blog

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

article thumbnail

5 Best Practices for Transportation Managers Considering Logistics IT Solutions

Supply Chain Collaborator

191 qualified global logistics practitioners were surveyed in 2015 by American Shipper magazine for their seventh annual benchmark study of transportation management. 2) Focus on improving understanding of the key milestones in your transportation network and boost visibility efforts specific to those milestones.

article thumbnail

The Benefits of Blockchain to the Economy!

Supply Chain Game Changer

With the introduction of the Bitcoin blockchain in 2015, users improved this straightforward idea even more. Consequently, blockchain’s availability reduces over time, raising its value and the benefits of blockchain. Complete visibility since any network user with permissions may view the same data simultaneously.

article thumbnail

Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Automation versus Augmentation. Bureau of Labor Statistics.

article thumbnail

The Future of Analytics in Integrated Business Planning

Supply Chain Trend

In combination with Integrated Business Planning to provide visibility and manage change in model assumptions and constraints, this creates a powerful and holistic scenario and decision making capability for executives. In December 2015, TomTom launched the world’s first commercially available near real-time updated map.