ivalua

JULY 15, 2015

While achieving target costs will always be a priority, your sourcing teams must also actively support revenue growth initiatives such as introducing new products, entering emerging markets, accelerating speed to market, and reducing supply risks that could impact sales. And face time is not limited to only stakeholders.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 147

Jaggaer

OCTOBER 24, 2024

This collaborative approach can take various forms, from co-developing new products to jointly managing risks and ensuring sustainability in the supply chain. Imagine a car manufacturer working closely with its key suppliers to develop a new electric vehicle.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Let's Talk Supply Chain

FEBRUARY 20, 2025

Foster Innovation: Collaborating with global partners brings fresh perspectives and ideas to the table, fostering innovation and enhancing product development capabilities. Enhance Versatility: With diversified partners, Mattel can swiftly adapt to tariff changes and market fluctuations, maintaining operational agility and efficiency.

Agile and Lean Supply Chain 52

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

Procurement Tactics

JANUARY 2, 2023

This collaboration includes idea generation, new product development, product concept development, large-scale production, and market testing. . Underestimating risks that can be brought by suppliers. When we hear integration, we know that it is about connecting two or more processes in an effective way.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

ivalua

JANUARY 20, 2016

Analytics needs to serve as your primary compass for product development and how you bring your products to market. You must be able to capture buyer needs more effectively and create products that meet those needs in the shortest amount of time possible. Risk management.

Collaboration 100

Collaboration Risk management Risk Suppliers 100

Procurement Templates

JUNE 18, 2023

Value engineering: Engaging suppliers early in the product development phase and involving them in value engineering can lead to cost reduction. This ensures compliance and minimizes the risk of unexpected price increases. Risk management: Implement robust risk management practices that address inflation-related risks.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Zycus Cognitive Procurement

MAY 31, 2022

It made several manufacturers realize the need to focus on Risk Mitigation strategies to re-imagine their supply chains. Supply Chain Risk Assessment – Ground Reality. This revealed that at least one-third of the organizations are not focusing on supplier risk. Need for Supply Chain Risk. 6) Supplier diversification.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Risk Supply chain 52

Supply Chain Game Changer

JUNE 7, 2021

Testing your idea with the help of MVP is a no-brainer since it comes with multiple benefits that can offer you an insight towards taking the direction of product development. If used properly, it could add lots of benefits towards the product improvement and provide your team with extra useful information.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Product development Supply chain Import 112

Supply Chain Opz

JANUARY 7, 2013

Supply Chain Planning at Apple Inc is the classic example of New Product Development Process (NPD). From the above graphic, Apple Inc accelerates the new product introduction by acquiring the licensing and 3rd party businesses. Believe me, Apple Supply Chain has very the high risks. 3) How Complex is Apples Supply Chain?

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 111

Procurement Heads

JUNE 20, 2023

Or do we run the risk that we will lose capable innovative suppliers from the defence industrial base, which is to me very concerning. I also think on new product development – for a long time, it would have been marketing and manufacturing, but now you see supply chain up front in development.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply chain Procurement Collaboration 244

SCMDOJO

DECEMBER 28, 2023

Regarding risk, 86% agree that their company should invest more in technology to identify, track, and measure supply chain risk, with 35% strongly agreeing. This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2 billion operational IoT devices by 2030. #5

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 98

Procurement Tactics

DECEMBER 6, 2022

Spend management aims to maximize value from company spending while lowering costs, mitigating financial risks, and enhancing supplier relationships. Spend management usually includes strategic procurement processes such as category management, supplier management, inventory management, and product development. .

Spend management 172

Spend management Management Real-time Visibility Budget 172

IBM Supply Chain Blog

FEBRUARY 13, 2024

This includes technical documentation, user manuals and other relevant materials that accompany software development. Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale.

Data 118

Data Ethics Quality Project management 118

Supply Chain Game Changer

OCTOBER 30, 2022

The goal is to uncover any potential risks or issues that could impact the success of the project. Helps to Identify Risks and Potential Problems. Another benefit of the software product discovery phase is that it helps to identify risks and potential problems that could occur during the course of the project.

supply chain software solutions 98

supply chain software solutions Import supply chain budgeting Budget 98

IBM Supply Chain Blog

DECEMBER 1, 2023

This approach can accelerate speed to market by providing enhanced capabilities for the development of innovative products and services to help grow the business, and it can also improve the overall customer experience.

Data 96

Data Risk Innovation Product development 96

IBM Supply Chain Blog

JUNE 4, 2024

At the same time, HPC is used to help businesses bring new products to market. It is also used to better manage risks and more, which is why an increasing number of enterprises are adopting it. This is an example of where cloud computing can augment on-premises HPC to transform the business’s approach to HPC with cloud resources.

Innovation 85

Innovation Demand Product development Data 85

Spend Matters

OCTOBER 17, 2023

The progression of existing macroeconomic trends, combined with the proliferation of new technologies such as generative AI, have forced software providers to make crucial product development and resource allocation decisions.

supply chain software solutions 121

supply chain software solutions Innovation Supply Chain Efficiency Procurement 121

IBM Supply Chain Blog

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. But perhaps most relevant today are the capabilities within SCM to help mitigate disruption.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

Jaggaer

APRIL 18, 2019

Core activities like spend analysis are moving toward real-time, custom and predictive analytics, while less-mature analytics functions like risk management will join procurement’s list of fundamental responsibilities. Georg has been leading the Product Management team responsible for JAGGAER’s Direct software solutions since 2013.

Procurement 78

Procurement Supplier relationship management Eprocurement Risk management 78

IBM Supply Chain Blog

MAY 6, 2024

Like the transition to hybrid cloud, agile software development, or zero trust, generative AI security can be an afterthought. More than 50% of respondents are concerned about unpredictable risks impacting generative AI initiatives and fear they will create increased potential for business disruption.

Innovation 65

Innovation Risk Agile and Lean Supply Chain Strategy 65

IBM Supply Chain Blog

MARCH 25, 2024

Instead, it can help content creators across many functions, such as marketing, customer support, product development, operations, and more. But with major transformations such as these come potential risks and any organization interested in generative AI should be taking steps to mitigate said risks.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 97

Procurement Tactics

JUNE 7, 2023

By leveraging the expertise of suppliers, organizations can drive innovation in product development and market strategies, resulting in mutually beneficial outcomes. Furthermore, close collaboration with suppliers enables proactive risk mitigation, ensuring business continuity and reducing vulnerabilities.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

IBM Supply Chain Blog

MAY 7, 2024

By following these stages in the client’s journey to onboard complex workloads to the cloud, businesses can experience a successful and efficient migration process that is designed to maximize the benefits of cloud technology and address disruptions and risks.

Product development 57

Product development Risk Management Innovation 57

IBM Supply Chain Blog

NOVEMBER 14, 2023

A value exchange system built on data products can drive business growth for your organization and gain competitive advantage. This growth could be internal cost effectiveness, stronger risk compliance, increasing the economic value of a partner ecosystem, or through new revenue streams.

Data 103

Data Strategy Supply Chain Efficiency Sourcing 103

Supply Chain Opz

JUNE 1, 2014

This section will show you how BMW manages a long term planning, how Ford applies lean concept to the new product development and how Hyundai manages the production planning and control. - Unlike FMCG, the launch of a new product in the hi-tech industry requires the investment in research and development quite extensively.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Supply Chain Game Changer

JULY 23, 2020

They diversify supplier bases to reduce risk, provide massive cost savings, allow companies to quickly offer new products, and find sources of innovation through closer supplier collaboration. Across industries – and in the wider public – leaders are waking up to the fact that Supply Chains are about more than just moving stuff around.

Supply chain 104

Supply chain Leadership Supply Logistics 104

Let's Talk Supply Chain

JANUARY 9, 2023

As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data. Founded in 2008, TraceGains connects people and information so teams can work smarter.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. By identifying and evaluating supplier risks, these tools ensure procurement teams are equipped to make agile, data-driven decisions that strengthen the entire supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

The Good Spending

AUGUST 16, 2022

Benefits of supply chain collaboration The benefits of supply chain collaboration are diverse: early detection of supply chain risks and constraints, faster mitigation of identified risks and emerging disruptions, mitigation of the bullwhip effect by aligning demand forecasting and inventory management, trust between partners (!)

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization supply chain budgeting 52

Jaggaer

OCTOBER 3, 2024

However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Ensuring supply continuity moves down a place and combating inflationary pressures is at number three. Improving quality is a further lever you have.

Supply Chain Optimization 52

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

IBM Supply Chain Blog

APRIL 8, 2024

In other words, they need a robust digital product lifecycle management (PLM) strategy. PLM delivers value by standardizing product-related processes, from ideation to product development to go-to-market to enhancements and maintenance. This ensures a modern customer experience.

Data 55

Data Management Strategy Product development 55

Zycus Cognitive Procurement

APRIL 4, 2022

Reduce supply risk. Organizations leveraging cost savings by expanding their geographic presence and sourcing worldwide incur risk. A CPO armed with a best-in-class risk radar and AI-led risk management software can manage and mitigate risks to soften the blow on your organization from these force majeure events.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Risk 52

Barkers Procurement

FEBRUARY 25, 2024

Cost trends associated with a particular product or technology may inform future product development strategies, or outline the focussed trend of an industry or the competition. Managing Risk Senior business managers and Procurement leads must both know their risks, and how they are protected against them.

Procurement 52

Procurement supply chain software solutions Contract supply chain budgeting 52

Finale Inventory

JULY 15, 2024

Having a high inventory turnover ratio ensures that inventory is constantly moving, reducing the risk of obsolescence and excessive storage space. By aligning inventory levels with customer demand, ecommerce businesses can avoid issues associated with overstocking or slow-moving products.

Inventory 52

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Finale Inventory

AUGUST 20, 2024

Improved Product Availability: By purchasing larger quantities, you can maintain a more consistent supply of products. This can help meet customer demand effectively and reduce the risk of stockouts , which can harm your business reputation. It’s important to consider both the savings and potential risks involved.

Quantity 52

Quantity supply chain budgeting Inventory Supply Chain Efficiency 52

Una

JULY 5, 2022

Partnering with a GPO certainly isn’t the only option when it comes to keeping your business operational but working with the right GPO can help insulate companies against inflation and mitigate the risks associated with independent supply chain management. Here’s how: Better pricing. Improved selection.

Purchasing 69

Purchasing Contract Price Supply chain 69

IBM Supply Chain Blog

APRIL 25, 2024

Benefits : Reduced processing times Reduced errors Increased adaptability Improving product development processes BPR plays a crucial role in optimizing product development processes, from ideation to market launch. The result?

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 57