Spend Matters

SEPTEMBER 26, 2023

Bertrand agrees the rationale for supply management has become even more obvious, but he thinks that despite this not enough attention has been paid to it yet: “One could argue procurement has been heavily focused on supplier management, on ensuring they work with the most appropriate suppliers.

Purchasing 110

Purchasing Supply management Management Supply Chain Efficiency 110

SCMDOJO

JUNE 17, 2024

For example, COVID-19 derailed global supply chains by pushing across-the-board lockdowns and preventing production activities. Natural disasters that cause ruin to infrastructure and disturbance to transport networks include storms, earthquakes, and floods. Risk Analysis: Evaluate each risk’s impact and likelihood.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

SCMDOJO

JUNE 14, 2023

Increasing efficiency: By automating and streamlining workflows and processes across the supply chain network, a 3PL integration Orchestration Solution can increase the efficiency and productivity of logistics operations. It also helps Nike to improve its supply chain visibility and agility and reduce its environmental impact.

Supply Chain Efficiency 105

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

SupplyShift

JUNE 19, 2019

Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? Anyone with permission to access the network can see and track all transactions on the blockchain.

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

SupplyShift

JUNE 19, 2019

Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? Anyone with permission to access the network can see and track all transactions on the blockchain. How Blockchain Works.

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

Supply Chain Game Changer

OCTOBER 28, 2021

Yet only 26% were able to confidently predict risk within their supply bases. And, only 15% had visibility into tier 2 or beyond. The COVID-19 crisis highlighted the need to better understand the end-to-end supplier network and the risks that exist beyond direct suppliers” (Deloitte 2021).

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Comprehensive Supplier Network 2. Supply Chain Visibility and Risk Management 3.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

Strategic Sourceror

FEBRUARY 3, 2023

Some of the key advantages that visibility solutions bring include: Less risk According to McKinsey, organizations that have implemented digital dashboards for their supply chain visibility needs were twice as likely to have avoided the supply chain issues that plagued the industry in the early months of 2022.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

Supply Chain Game Changer

AUGUST 6, 2020

Traditional supply chains with linear and long chains may not be sufficient in this digital driven era. Currently digital supply chain needs to have the capabilities for comprehensive data availability, superior collaboration and seamless communication across value chains. Data Collection and Acquisitio n.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Una

OCTOBER 17, 2023

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Frank Kenney. Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. We will present a strategic plan and long-term strategy unique to your needs.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Game Changer

OCTOBER 13, 2021

Businesses that source supplies and raw materials from overseas have had to endure long delays in shipments. One silver lining to come out of the Covid pandemic is that most businesses have been forced out of necessity to look at their supply chain in greater detail, in the hope of maximizing efficiencies.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Raw materials Supply 64

Supply Chain Game Changer

JULY 30, 2019

To varying degrees, logistics management functions include customer service, sourcing and procurement, production planning and scheduling, packaging, and assembly. Logistics management includes a wide range of activities.

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

The Good Spending

JUNE 15, 2022

So, there's no limitation to the competitive sourcing process. globalization, disrupting value chains, etc.) Firms became parts of wider networks of organizations brought together to be more profitable and competitive and create value for customers. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice."

supply chain budgeting 52

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

Supply Chain Game Changer

NOVEMBER 6, 2018

Video Source: [link]. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. Table Source: [link]. ” Source: [link]. Check out ReFed’s Roadmap to Reduce Food Waste: Video Source: [link]. That is over 1.3

Supply Chain Optimization 59

Supply Chain Optimization Supply chain Real-time Visibility Supply 59

World of Procurement blog

MAY 8, 2024

Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. Accurate demand forecasts enable effective supply chain planning. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex. Commit to the long game.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Keep motivating your suppliers to maintain collaboration where possible.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Thinking Forward. .

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management. All while offering risk mitigation derived from various different external data sources.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Solvoyo

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . This includes internal and external data sources.

Agile and Lean Supply Chain 52

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

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Supply chain digitalization Digital supply networks can help build resilience and reduce the impact of supply chain disruption.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Increased supply chain visibility. Supply chain digitalization. Internet of Things.

supply chain software solutions 52

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

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. This one builds on the visibility level. What can we do for you?

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Supply Chain Opz

JULY 7, 2014

They don''t invest in production facility at all because they utilize a network of nearly 700 suppliers located in Asia and Europe. In order to control its supply chain, they use a central warehouse to Germany to receive and ship products to local distribution centers in different countries.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. This one builds on the visibility level. What can we do for you?

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Solvoyo

NOVEMBER 28, 2018

Simply, a cognitive supply chain model utilizes machine learning, which is a type of artificial intelligence that has been merged with advanced analytics. It helps quickly process and make sense of the vast amount of data coming from countless sources. Sources: [1] [link].

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 40

Procurement Software

JUNE 4, 2024

This goes way beyond traditional source-to-pay and e-auction platforms. The platform has revolutionised the way businesses source high-quality parts directly from thoroughly vetted manufacturers. It covers quotes, tracking, production, and supply chain management, which considerably enhances efficiency for its users.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Finale Inventory

JULY 18, 2024

Data exchange in EDI is typically done through a Value Added Network (VAN) or directly over the internet using technologies such as AS2 or FTP. By implementing EDI, you can reduce manual data entry errors, improve order processing times, and enhance overall supply chain visibility.

Data 52

Data Real-time Visibility Supply Chain Efficiency supply chain software solutions 52

Supply Chain Brain

JUNE 11, 2018

Global supply chains, by definition, consist of multiple, independent partners, making them ideal candidates for blockchain. Because supply chains are networks, a blockchain initiative can’t be implemented by a single company. But that very same quality is what’s slowing adoption of the technology.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 40

Supply Chain Brain

FEBRUARY 26, 2018

Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries. Regional distribution networks, involving the delivery of perishable goods to homes, are an area of particular promise. Still, there are problems to be overcome.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Logistics Supply chain 40

Supply Chain Game Changer

NOVEMBER 10, 2018

The Supply Chain team must understand the number of skus being planned and the volumes anticipated. They must understand the physical size of those skus, the promotional strategy, and the supplier sourcing, delivery and replenishment plan. Manage Your Logistics Network. End to End Supply Chain visibility is critical!

Supply Chain Optimization 44

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 44

Supply Chain Brain

JULY 9, 2018

At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supply chain. As part of the cloud initiative, Schneider Electric set out to standardize the way it ran the distribution-center network.

supply chain software solutions 40

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply chain 40

ivalua

JUNE 18, 2020

Innovations focus on supporting smarter and faster decisions around supplier relationships and sourcing initiatives, improving the capture and recognition of savings, increasing accounts payable automation and ensuring accessibility for all. Sourcing optimisation tools have traditionally been for the select few due to the complexity involved.

Supply Chain Visibility 26

Supply Chain Visibility Supply Chain Efficiency supply chain software solutions Innovation 26

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109