Una

SEPTEMBER 6, 2022

Leveraging Lean Procurement. By Hugo Britt | September 6, 2022. What is lean procurement? Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Benefits of lean procurement. Create strategic focus.

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IBM Supply Chain Blog

NOVEMBER 3, 2022

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

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Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 107

Supply Chain Game Changer

SEPTEMBER 30, 2022

Subscribe to Supply Chain Game Changer. How Cloud Computing Can Help Supply Chain! The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management.

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Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 112

Supply Chain Game Changer

JUNE 30, 2022

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Subscribe Here! Email Address. Demand Planning.

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IBM Supply Chain Blog

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

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Supply Chain Optimization Inventory Agile and Lean Supply Chain supply chain budgeting 73

EazyStock

JANUARY 17, 2022

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. As 2022 takes hold, many of the same challenges are present. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies.

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Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Efficiency 52

EazyStock

AUGUST 29, 2023

These disruptions caused delays throughout the entire supply chain as effects rippled down. It’s vital for the environment that we review supply chain and inventory management practices to ensure the environment’s survival and prevent supply chain disruptions. Do you have sustainability goals?

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Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

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Supply chain management Supply chain management Supply Chain Optimization Agile and Lean Supply Chain 92

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. You can read more about demand forecasting techniques in our article.

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EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

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supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

DECEMBER 15, 2022

Redwood City, CA, December 15, 2022. Given the magnitude, complexity, and sustainability focus of their global supply chain, Volkswagen fully recognizes the strategic role of procurement in providing the company with a true competitive edge in an uncertain global market environment”, said David Khuat-Duy, founder and CEO of Ivalua.

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Supply Chain Efficiency Procurement Agile and Lean Supply Chain Spend management 246

Supply Chain Game Changer

NOVEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Journey : Step 1 – The Vision! At the heart of a Digital Supply Chain transformation is Change Leadership. Whether those people exist or not will make the difference between success or failure of your Digital Supply Chain journey.

Leadership 52

Leadership Agile and Lean Supply Chain Supply Chain Optimization Supply chain 52

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 19, 2023

However, now we see how brittle these global supply chains are. A perfect storm of disease, war, technological innovation, overspecialization, unchecked climate change and geopolitical tensions have shattered global supply chains and had a significant impact on the global economy.

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Supply Chain Efficiency Risk supply chain budgeting Agile and Lean Supply Chain 77

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . Here are the latest updates on digital procurement in 2022 : .

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supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

IBM Supply Chain Blog

OCTOBER 30, 2023

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain.

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Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. These are just some of the many challenges procurement teams have had to face since the pandemic and throughout 2022. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%). Uncertain global markets.

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Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. million in March 2022. Optimize Routes. On Time Delivery – Get that right First! Consolidate Shipments. Author Bio: Bill Heaney.

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Arkestro

JANUARY 4, 2023

In 2022, procurement faced challenges on multiple fronts. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Disruptions became so common Collins Dictionary named 2022’s word of the year permacrisis. The Supply Chain Will Continue to Heal. Inflation will go down.

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Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Supply Chain Game Changer

SEPTEMBER 29, 2022

Subscribe to Supply Chain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! Refrigerated transport is a vital component of global supply chains. To further support how refrigerated transport is so valuable in a global supply chain, below are several more reasons: 1.

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Arkestro

DECEMBER 12, 2023

Then, we’ll share some tips on how retailers can streamline and optimize procurement to ensure a successful holiday shopping season. billion in 2022 , and forecasters expect a 3% increase in sales this year. The pressure is on to optimize procurement strategies, meet customer expectations, and capitalize on big spending periods.

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Supply Chain Optimization Procurement Supply Chain Efficiency Agile and Lean Supply Chain 52

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Here are just a few ways manufacturing procurement teams can leverage AI and automation tools this year: Minimize supply chain disruptions.

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Arkestro

JULY 6, 2023

Plant shutdowns, production disruptions, supply shortages, and demand surges wreaked havoc on the automotive world in 2020. In 2022, automakers across the globe cut roughly 4.3 million cars from production due to ongoing supply chain issues and semiconductor shortages.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Procurement 52

Supply Chain Game Changer

APRIL 25, 2022

Subscribe to Supply Chain Game Changer. Besides wasting materials, you’ll have wasted your financial resources, which is the exact opposite of lean manufacturing. Lean manufacturing focuses on minimizing waste during production. Originally written for Supply Chain Game Changer and published on April 25, 2022.

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Supply Chain Efficiency Agile and Lean Supply Chain Raw materials Supply Chain Optimization 106

Supply Chain Game Changer

SEPTEMBER 21, 2021

Subscribe to Supply Chain Game Changer. The backbone of all long-standing philosophies such as Just-In-Time , Lean manufacturing, and Kanbans were all designed around minimizing the amount of inventory on hand in any Supply Chain. Subscribe Here! Email Address. Is Just In Time Past Its Time? Get Our EBOOK HERE.

Inventory 52

Inventory Agile and Lean Supply Chain Real-time Visibility Supply Chain Optimization 52

Arkestro

DECEMBER 5, 2022

These disruptions have exposed the fragility of global supply chains. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience. Shortages will continue to be a central theme in 2023 and could come from anywhere in the supply chain. harvested wheat is the lowest since 1888.

Raw materials 98

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Supply Chain Opz

JANUARY 3, 2022

Because, from our own experience, math like linear programming or optimization doesn't work the way people think they are - Editorial Decision: we carefully review each book and the final 5 are selected based on the editorial opinion. Author Credentials: Suman Sarkar is a supply chain consultant with more than 20 years of experience.

Logistics 52

Logistics Agile and Lean Supply Chain Supply Chain Optimization Supply chain 52

Pipefy

JANUARY 11, 2023

Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%). What is a procurement transformation roadmap?

Strategy 52

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Supply Chain Game Changer

SEPTEMBER 20, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Detective and the $25M Robbery! The company was trying to over-optimize the fulfillment of products to stores by giving them precisely what they were forecasting that the stores may sell. Costco has a wonderful Supply Chain business model.

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Supply Chain Game Changer

AUGUST 8, 2022

Subscribe to Supply Chain Game Changer. It has become impossible to ignore the headlines about the rising cost of living, the supply chain issues, and the unpredictable markets without professional help. Originally written for Supply Chain Game Changer and published on June 17, 2022. Subscribe Here!

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Supply Chain Game Changer

SEPTEMBER 14, 2021

Subscribe to Supply Chain Game Changer. The prospect of having a Just In Time (JIT) Supply Chain system has been the goal of innumerable businesses and industries for decades. But the global pandemic exposed the fragility of the Supply Chain in virtually every industry. Subscribe Here! Email Address.

Raw materials 81

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Supply Chain Game Changer

NOVEMBER 9, 2022

Subscribe to Supply Chain Game Changer. Efforts to lean on your in-house resources could prove futile. Originally written for Supply Chain Game Changer and published on November 9, 2022. appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address.

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Supply Chain Efficiency Agile and Lean Supply Chain Strategy Supply Chain Optimization 86

SCMDOJO

JULY 7, 2023

However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

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Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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Zycus Cognitive Procurement

SEPTEMBER 13, 2022

Today, understanding of some other basic behaviors is also needed, such as marketing mindset, business acumen, leadership, and agility. There is a need for knowledge and understanding of Design Thinking, decoding supply chain, digital mindset, workflow management, and decarbonization. Key findings from CPO Survey.

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IBM Supply Chain Blog

MAY 6, 2024

In 2022, less than 10% of trial participants for FDA approval were Black, fewer than 12% were Asian, under 13% were Hispanic, and women constituted less than 50% (Exhibit 3), not reflective of the current US population. The number of first-time clinical investigators has declined, especially among non-US based investigators.

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IBM Supply Chain Blog

JANUARY 29, 2024

They are powerful tools and methods that can help you drive efficiency, agility and resiliency throughout the data center and into everything the business does through digital means. billion in 2022. It’s also important to clearly define the role of new advanced technologies in your new environment. It is expected to reach $20.9

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Data Sustainability Strategic planning Demand 64