ivalua

JANUARY 29, 2021

In some respects this is understandable as this area of the business has 70-80% of the spend in the organisation compared to indirect and has been an area under developed as it has been historically difficult to connect procurement tools to other systems involved in direct materials, such as PLM or MRP systems.

Suppliers 195

Suppliers Bill of materials Procurement team Risk management 195

Supply Chain Brain

DECEMBER 16, 2024

Across industries, be it FMCG, medical, or automotive, companies with a vast, diverse product portfolio need to manage bills of materials for each product and variant.

Bill of materials 59

Bill of materials Inventory Procurement Management 59

Supply Chain Brain

FEBRUARY 4, 2024

As software bills of materials analysis yields business-relevant risk information, customers will use it to make more informed decisions about what to buy and how to price risk transfers.

supply chain software solutions 64

supply chain software solutions Supply Chain Efficiency Bill of materials Quality 64

ivalua

JULY 10, 2019

Pre-packaged solution highlights for manufacturers include: Bill of Materials (BOM) Management: Effective supplier selection and cost modelling with n-level BOM visibility to optimize supply chains and speed time to market.

supply chain budgeting 113

supply chain budgeting Agile and Lean Supply Chain Bill of materials Supply Chain Efficiency 113

ivalua

AUGUST 18, 2015

the bill-of-materials target cost through the entire product lifecycle. The value created here is a higher return on innovation investments, product leadership in the market, and top-line revenue growth. If you work in strategic sourcing and supplier management, supplier collaboration enables you to achieve (or beat!)

Collaboration 100

Collaboration Suppliers Bill of materials Supply Chain Efficiency 100

Procurement Leaders

DECEMBER 9, 2022

Our risk approach isn’t based on the traditional level of spend with suppliers, but on a number of risks we have based on our bill of material for a given product or service. What innovative initiatives have you put in place to help mitigate the impact of economic headwinds?

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

ivalua

MARCH 13, 2019

For example, when launching a new product, bill of materials automation that shows the available suppliers for every component and allows you to engage with each is critical. Technology is critical here, to provide the visibility, efficiency and ability to share information securely and broadly.

Innovation 113

Innovation Supply Chain Efficiency Supply chain Bill of materials 113

ivalua

OCTOBER 15, 2015

Second, break your register into three classifications related to risks associated with your suppliers, bill of materials, and commodity. Exploring product design changes in the face of rising component costs. This will ensure you have a comprehensive view of risk and its impact on your business.

Risk 100

Risk Bill of materials Supply Chain Efficiency Suppliers 100

ivalua

APRIL 23, 2021

If procurement is unable to utilise the Bill of Material (‘BoM’) data in the PLM system that the Engineering team are utilising to develop the new product, then the barriers to collaboration are clear. .

Collaboration 130

Collaboration Procurement team supply chain budgeting Bill of materials 130

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level.

Risk management 75

Risk management Supply Chain Optimization Risk Supply chain 75

ivalua

MARCH 4, 2016

Software that is built for indirect spend will not function in critical areas such as breaking down bids and collaborating with suppliers at the bill of material level. That is very much like using a spoon to butter your bread—it may get the job done and it is still a utensil, but it will be far less efficient than a knife.

supply chain software solutions 100

supply chain software solutions Supply Chain Efficiency Supply chain Bill of materials 100

Supply Chain Game Changer

APRIL 30, 2019

We were missing customer deliveries due to problems in getting the correct, and complete data, into the systems which enabled us to manage bills of material and manufacture products. Shortly thereafter I started getting calls from the CEO. Product Data Management (PDM).

Data 60

Data Bill of materials Management supply chain software solutions 60

ivalua

MARCH 29, 2019

Complex requirements can be quickly translated into bills of material, then suppliers can respond rapidly to requests and questions. Gursky talked about using the Ivalua platform to manage all the work between the firm and key suppliers.

Collaboration 100

Collaboration Suppliers Procurement Bill of materials 100

The Network Effect

AUGUST 25, 2014

When supply disruptions occur the brand owner, having outsourced its bill of materials to a Tier 1 supplier, lacks visibility into which companies in its upstream supply chain might have been impacted. “The supply network application of the ESG is thus somewhat similar to how Facebook and LinkedIn model their social networks.”

Supply chain 81

Supply chain Networking Bill of materials Supply 81

Finale Inventory

DECEMBER 3, 2024

Finale also supports products sold across multiple marketplaces and manages complex products like kits or bundles through its bill of materials (BOM) functionality. Adjustments can be allocated by weight, subtotal, quantity, equality, or volume, offering unmatched flexibility for inventory valuation.

Bill of materials 52

Bill of materials Inventory Purchase orders Quantity 52

Arkestro

JUNE 29, 2023

Arkestro was able to predict the bill of materials and suggest suppliers and pricing as soon as a contract came in. In the past, they would win a construction design contract and it would take multiple months to organize internally and output the bill of materials for bidding to begin.

Bill of materials 52

Bill of materials Bidding Price Procurement team 52

EazyStock

APRIL 20, 2020

Components Forecasting via Bill of Materials (BOM). Bill of Materials, or BOM, is the components required to manufacture or assemble a product. Our developers are working hard every day to make sure EazyStock is living up to your high expectations for advanced inventory optimization. What’s new?

Bill of materials 52

Bill of materials Supply Chain Optimization Order Fulfillment Demand 52

ivalua

APRIL 11, 2019

Firstly, the Bill of Material (BOM) capability enables the user to look at different options, to drill down, and easily create new sourcing events or invite offers from suppliers, then integrate that back into the BOM. He spoke here about two areas of innovation in the Ivalua product related to collaboration.

Bill of materials 100

Bill of materials Raw materials Suppliers Procurement 100

Arkestro

SEPTEMBER 18, 2023

Determining the total delivered costs for any given Bill of Materials can often be very complex, according to David Schultz, VP and Global Supply Chain Executive of Westfall.

Data 52

Data Bill of materials Supply Chain Efficiency Procurement 52

Spend Matters

OCTOBER 31, 2024

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , ivoflow, Covalyze, Halo Ai and True Value Hub.

Buyers 102

Buyers Raw materials Networking Suppliers 102

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. In this context an Analog Supply Chain is one in which the tasks are performed in some physical, non-electronic fashion. Product information and parameters would be manually entered into reports and systems.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Spend Matters

OCTOBER 31, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them.

Real-time Visibility 105

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 105

Procurify

AUGUST 23, 2022

In order to begin lean manufacturing, businesses should examine all of their routings, bills of material, and equipment to determine what changes need to be made. Products with better quality will have a lower return rate; thus companies will need fewer resources for returns and customer complaints. Warehousing.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Efficiency 59

Spend Matters

JUNE 19, 2023

Supplier-specific data: at the level of the group (several entities), location (site), machine, material, etc. Allocations: based on spend mix, BoMs (Bill of Materials), etc. Some vendors also enable users to manage the allocation of emissions to final products based on data at the material level and BoMs.

Management 81

Management Bill of materials Quantity Data 81

Jaggaer

DECEMBER 12, 2024

Improved Bill of Materials (BOM) costing with role-based buyer views and new API capabilities. Smart matching of supplier attributes to rate structures is now available between Advanced Sourcing Optimizer (ASO) and the new Advanced Rates feature to streamline sourcing events and bid exports. Version 24.3

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Bill of materials Contract 52

Supply Chain Game Changer

NOVEMBER 15, 2018

With dozens of facilities, dozens of customers, thousands of bills of material and tens of thousands of parts we had an environment which was prone to having part shortages. Managing thousands of bills of materials and parts for dozens of Customers all around the world was the basic business model.

Strategy 48

Strategy Bill of materials Supply Chain Efficiency Inventory 48

Spend Matters

AUGUST 19, 2024

True ValueHub is a costing solution for direct materials that takes a very analytical approach to the process of identifying opportunities based on a material’s characteristics and suppliers’ capabilities.

Category management 102

Category management Buyers Influencing Sourcing 102

Supply Chain Game Changer

APRIL 21, 2020

dual sources, substitute parts and materials, alternative bills of material) can also lay the groundwork for integrated systems to make automated decisions on sourcing in the future. Strategic work on increasing redundancy in the Supply Chain (eg.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

Procurement Zen

JULY 29, 2021

you could do this by having them clarify all the tech details first what material is your product made off? can you provide a Bill of Materials and lead me through it?

Influencing 52

Influencing Bill of materials Negotiation Procurement 52

SCMDOJO

OCTOBER 7, 2024

It is this framework that acts as the foundation of the comprehensive software we have available today, integrating material requirements planning, bills of material, inventory management, production scheduling, master production scheduling, purchasing and procurement, customer order management, and accounting.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Bill of materials 52

Spend Matters

OCTOBER 24, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them.

e2e 97

e2e Data interpretation Buyers Data 97

SCMDOJO

MARCH 19, 2024

Materials Planner Forecasts material needs based on production plans and sales forecasts. Creates and maintains bills of materials (BOMs) to specify components needed for each product. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 90

Spend Matters

JANUARY 10, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Covalyze and its solution for cost analytics. Many category managers and buyers struggle with data transparency and aggregation.

Raw materials 93

Raw materials Category management Buyers Price 93

SCMDOJO

APRIL 11, 2023

The design of the information flow section describes how firms communicate with suppliers (procurement, risk contracts), internal resources (production planning, bills of materials, material requirements planning), and customers (Sales & Operations Planning and other collaboration based processes).

Supply chain management 116

Supply chain management Supply chain management supply chain software solutions Supply chain 116

Spend Matters

OCTOBER 17, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them.

Buyers 84

Buyers Real-time Visibility Sustainability Data 84

Spend Matters

OCTOBER 26, 2023

Spend Matters is delighted to announce the 2023 roster for our ‘ Future 5 ‘ list. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs.

Category management 92

Category management Procurement team Collaboration Strategy 92

Spend Matters

OCTOBER 17, 2024

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , Covalyze, HaloAi , Ivoflow and True ValueHub.

Category management 83

Category management Sourcing Data Bill of materials 83