This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Sustainable SupplyChain — The Ultimate Guide. The sustainable supplychain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supplychain?
With rising costs and declining margins, health systems must become more efficient and productive. We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. According to 2019 Definitive Healthcare data, U.S. Share on Twitter.
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. The company chose Consus and Ivalua for their deep capabilities in the Sourcing space to support their critical Purchasing processes.
Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex SupplyChain Council and SupplyChain Risk Management.
Blockchain technology is revolutionizing the way businesses manage their supplychains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supplychain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
In 2022, he was awarded the Special Mentioned Individual Award by SupplyChain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by SupplyChain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Rajeev Karmacharya.
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. The company chose Consus and Ivalua for their deep capabilities in the Sourcing space to support their critical Purchasing processes.
From tech giants to manufacturing leaders, the top 10 CEOs in the supplychain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As SupplyChain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supplychain management. Don’t forget!
8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supplychain analytics. 10 Archlet 2019 Youngest, founded in 2019, reflecting its startup status. 3 GEP 1999 Established in 1999, a pioneer in procurement software with 25+ years.
12, 2019 — Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year. Empowering Procurement and SupplyChain Leaders Across the Globe. 2019 revenue is expected to continue to grow rapidly and exceed $100M. REDWOOD CITY, Feb. ” Accelerating Innovation.
Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supplychain. Now it’s dropped back to 2019 levels.” ( Source – The Wall Street Journal, Sept.
With operations all over the world, and sourcing offices in Denmark, North America and China, its supplychain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others. What methods are you using to ensure security of supply?
Subscribe to SupplyChain Game Changer. The supplychain management industry has undergone many changes in recent years. The introduction of IoT devices to the supplychain, the rise of edge computing, and its ability to increase connectivity and efficiencies, have changed how businesses operate across industries.
Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. Jollibee Foods Corporation (JFC) is a chain of fast food restaurants with a worldwide store network of more than 5,000 stores.
Subscribe to SupplyChain Game Changer. The Lumber SupplyChain is Going Against the Grain! I quickly became very familiar with the standard half-sized and full-sized (40″ x 48″) pallets that the company was using at the time, though I was unaware of the Pallet SupplyChain. Subscribe Here!
Matchory was founded in 2019 and targets medium to large manufacturers and procurement consultancies in Europe and North America. In times when nearshoring and ally-shoring are at the top of the agenda of many procurement professionals, supplier scouting is making a comeback as an essential capability. This content is for members only.
2021 SupplyChain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supplychain and inventory management trends to adopt. in May 2020 compared to May 2019, especially affecting exports from the US, Japan and the EU. Automation. Focus on eCommerce. Automation.
” (Source: CEIBS ) I use The following process to determine if I want to advise, work with, or mentor a particular ProcureTech solution provider. NOTE: The “ Green Giant ” can story and The Four Cornerstones for Leveraging Cost Transparency model resonated most with me. COMPETITORS 1. As a result, Ever.Ag
They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).
Subscribe to SupplyChain Game Changer. Why is SupplyChain Such a Great Career Path? The world of supplychain management is constantly changing, helping companies to become increasingly efficient and profitable across the entire supplychain. GET our EBOOK HERE. Talent development.
Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & SupplyChain Leaders. Their proven ability to deliver value for customers explains why they have achieved the industry’s highest retention rate, at over 98% for 18 straight years.
Best practice supplychain & procurement capabilities now available for rapid deployment to manufacturers. Redwood City, CA July 10, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for manufacturers.
Intro to 2020 SupplyChain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. Supplychains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. Greening” the SupplyChain.
Subscribe to SupplyChain Game Changer. The Digital SupplyChain Road is Full of Potholes, Construction and Accidents! Be transparent and put your challenges in front of innovative solution providers after you’ve qualified their ability to deliver value. Source: Deloitte CPO Survey 2019. Don’t Panic!
In 2019, the Least Developed Countries (LDCs) accounted for just 1.1% The second has become more pronounced in recent years, notably with the Covid pandemic and supplychain disruptions. Lets now break that down into the various stages in the traditional upstream source-to-contract (S2C) processes. metric tons per person.
Improving efficiency by some level. Ikea is a leader with plans to ensure a sustainable supplychain. And with consumers increasingly looking to brands to align with their own values, brand equity can be greatly increased by thoughtful spend management and supplychain policies. . Save a little more each month.
The foundation developed Liquid Prep , an intelligent mobile app-based watering solution, as part of the IBM Call for Code initiative in 2019. In 2021, Liquid Prep became an open-source software project hosted by the Linux Foundation. Now, this real-time data can be uploaded to the IBM Cloud® to be analyzed.
The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and SupplyChain leaders.
Subscribe to SupplyChain Game Changer. The Green SupplyChain: True Sustainability or Just One Big Marketing Stunt? Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality?
Subscribe to SupplyChain Game Changer. Trillion USD, reported in 2018 ( wto.org 2019 ). At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Source: PwC 2019. Source: Deloitte CPO Survey 2018. Subscribe Here! Email Address.
In 2019, there were reportedly 74,155 fires in The Amazon rainforest (supplies 20% of earth oxygen). The UK, Spain, France and Portugal have recently faced unprecedented heatwave causing wildfires across western Europe and disrupting supplychains locally and globally. Uncategorised.
As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supplychains and procurement organizations.
This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. The Onventis network serves as a secure and efficient conduit, connecting the intricate business processes of both buyers and suppliers across the globe. “As
In this post, we feature a special guest, Alex English, from Ion Storage Systems, who will be sharing insights on supplychain management in startups. Alex has extensive experience in supplychain, ranging from consumer electronics to the cutting-edge technology being developed at Ion.
Including them in your plan will efficiently help you achieve sustainability. . This includes expanding education opportunities for individuals in the organization or initiating sustainability efforts within the supplychain. . It has also encouraged other sportswear businesses to source more sustainably. . Innovation .
Subscribe to SupplyChain Game Changer. Procurement is one of the sole functions in an organization that can truly implement and realizes quality and sustainability initiatives in the line; considering procurement’s ability to impact the global supplychain network at the supplier level. Subscribe Here! Email Address.
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
Public procurement regulations can be restrictive at times but the principles around openness, transparency and equal treatment are the right ones. We have made lots of progress and this has been recognised in our efficiency and effectiveness benchmarking, as well as much improved feedback from the business.
What is Source to contract? Source to contract (S2C) refers to the set of procurement processes that come into play while sourcing a product or service. How is Source to contract affected during a crisis? How is Source to contract affected during a crisis? 2] Collaborative Sourcing.
Thought Leadership Consistently pushes the conversation forward from autonomous sourcing to orchestration platforms. Practical Insights Real-World Applications : Corporate success stories presented at DPW demonstrate how companies leverage digital procurement tools for efficiency, cost savings, and risk management.
At the same time, companies are dealing with erratic customer behavior and badly disrupted supplychains. Why COVID-19 is Driving SupplyChain Digitalization. In 2019 MHI and Deloitte published their report “Elevating SupplyChain Digital Consciousness”. The Benefits of SupplyChain Digitalization.
As supplychain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. This goes way beyond traditional source-to-pay and e-auction platforms. These are predominantly focused on indirect spend and transactional efficiency.
Subscribe to SupplyChain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. The market can expect to be evaluated at a $9.9BN industry by 2023 (Banerjee 2019). Subscribe Here!
Subscribe to SupplyChain Game Changer. What is the Digital SupplyChain? The industry giants are capitalizing on this opportunity, with FedEx, DHL and UPS investing in supplychain technology and autonomous delivery services that enable more, faster, and more efficient delivery options for customers.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content