ivalua

APRIL 27, 2023

The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic. Roach believes that when it comes to ESG, there’s no time like the present.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

SCMDOJO

MARCH 28, 2023

With its decentralized feature, blockchain technology allows real-time data sharing between different parties while ensuring secure data storage and preventing unwanted changes in a network. This application eliminates redundant paperwork and provides real-time freight tracking.

Supply Chain Efficiency 107

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 107

Una

AUGUST 2, 2022

billion (2020) to a projected $9.5 Fully-automated spend categorization will boost visibility, free up time, supercharge advanced analytics, and improve decision-making. There are over 7 billion connected IoT devices in the world, with IoT sensors and wearables surpassing non-IoT devices in 2020. Contract monitoring.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Una

APRIL 11, 2023

They also typically provide analytics and reporting tools that allow managers to monitor performance and make data-driven decisions in real time. Better data management: With all the data stored in a centralized system, an ERP can provide better visibility into key business metrics and performance indicators.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

Supply Chain Game Changer

NOVEMBER 9, 2021

Is Just In Time Past Its Time? These countries experienced a drop in rubber production in 2020 due to the Coronavirus pandemic. The largest consumers of natural rubber are China, India and the United States, who simultaneously experienced a drop in demand in 2020 also due to the pandemic. Subscribe Here! Email Address.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. from February 2020 to August 2022. Procurement is a complex, time-sensitive task that creates many challenges in the construction industry.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Supply Chain Game Changer

AUGUST 10, 2021

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 Supply Chain. from 2020 to 2027.” billion pallets used in 2020 the overall consumption is global and pervasive. .” ” With 7.6

Price 98

Price Supply Chain Efficiency Supply chain Supply 98

SCMDOJO

MAY 13, 2022

2020 will live long in the memory as a year that was overshadowed by a remorseless pandemic causing untold disruptions for the container, logistics and ports industry across the world. The extreme need to traverse these nuances has propelled logistics companies to develop new solutions and expand services.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Supply Chain Game Changer

MAY 31, 2022

Very early in 2020 this first became apparent to me as store shelves were emptied of toilet paper and other basic household goods. Finally, there must be an improvement in the supply-demand planning in this industry, with more real time visibility to demand patterns and more real time reactivity to market dynamics.

Supply chain 123

Supply chain Real-time Visibility Supply Demand 123

Supply Chain Game Changer

APRIL 29, 2021

Supply Chain Investment Challenges – Real and Imagined! Amid the thick covid-clouds, organizations are preparing to make their way back to regular business to maximize profitability and make up for the lost time. Despite the stalled projects and challenges in 2020, technologies still keep evolving. Hyperautomation.

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

Supply Chain Trend

AUGUST 13, 2020

IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Automation versus Augmentation. Bureau of Labor Statistics.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Arkestro

JULY 11, 2022

As part of Box’s continuous advocacy towards ESG and Supplier Diversity, previous visibility into their supplier diversity spending was limited. According to McKinsey, diverse executive teams financially outperform other executive teams, and this has only strengthened over time. And the same is true for diverse supply chains. .

Suppliers 52

Suppliers Real-time Visibility Procurement Supply Chain Efficiency 52

IBM Supply Chain Blog

SEPTEMBER 7, 2021

By situating inventory where it is needed most, retailers can meet demand without excess carrying costs, or disappointing customers with backorders or out-of-stock situations. How has the demand picture gotten more complicated since 2020? million people have moved since February 2020.

Inventory 52

Inventory Demand Supply Chain Efficiency Management 52

Supply Chain Game Changer

JULY 14, 2021

At their root, these two roles coexist with conflicting purposes, but function stronger together than they do apart, as they are — at times — seemingly contrary forces that actually are complementary, interconnected, and interdependent in any business. According to the 2020 Ovation Pulse, 92% of CPOs remain committed to their long-term goals.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

SCMDOJO

OCTOBER 14, 2023

Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems. As per an estimate , in 2020, its worth was $253 million and predicted to grow up to $3,272 million in 2026.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Supply Chain Game Changer

SEPTEMBER 17, 2020

E-commerce will continue to grow significantly through 2020 and beyond. This reduces the risk of fraud and theft by enhancing visibility to the freight in the yard, which in turn provides additional integrity into the supply chain. Why don’t you have a TMS (Transportation Management System) Solution yet? Dock Scheduling System.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

Supply Chain Game Changer

OCTOBER 14, 2021

Over an 18-month timeframe—April 2020 to September 2021—the cost per barrel of crude has more than tripled from $20.10/bbl Increasing demand for supply chain visibility. The numerous headwinds, obstacles and challenges following COVID-19 are all easier-managed with better visibility. bbl to $68.50.

Supply Chain Efficiency 76

Supply Chain Efficiency Supply chain Real-time Visibility Supply Chain Visibility 76

IBM Supply Chain Blog

SEPTEMBER 27, 2021

Ed Desmond, Executive Vice President of the Toy Association, says that more in-person shopping is expected this year than compared to the 2020 holidays, when the country was in the middle of a deadly winter surge of the coronavirus. This reduces delivery time and allows you to market the products as “local”. trillion dollars in 2022.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Inventory e2e 52

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? And since one of the major drivers of resiliency is visibility, you can see where this problem takes root.

Real-time Visibility 81

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 81

Supply Chain Game Changer

SEPTEMBER 7, 2021

Supply Chain Visibility Has Never Been More Important! TSMC has increased production capacity for its automotive microcontroller chips over 2020 and 2019 levels, which will certainly help improve supply. It takes a long time for chips to make their way through the entire Supply Chain for all nodes, all companies, and for all consumers.

Supply Chain Optimization 80

Supply Chain Optimization Supply chain Real-time Visibility e2e 80

Supply Chain Game Changer

NOVEMBER 2, 2022

You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains. That means managing employees, vendors, customers, and more on one platform.

Risk management 96

Risk management supply chain software solutions Risk Management 96

Arkestro

MAY 30, 2022

At the same time, digital acceleration and the need for agility have expanded the role of procurement and finance from cost-management functions to broader champions of risk management, strategic decision making, and business agility.”. . Failure resulted in highly visible shortages, public scrutiny, and loss of life.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Zycus Cognitive Procurement

DECEMBER 7, 2020

Selected parameters have to work in synergy (combination) to achieve real savings. The internal stakeholders have to cover various touch-points and need visibility into all relevant variables. For example- In stage 1, the target is ~$2319 vs. $1987 real savings. For example- July 2020 real savings exceed 2019 real savings.

Real-time Visibility 40

Real-time Visibility Management Procurement Category management 40

Let's Talk Supply Chain

JULY 27, 2022

Let’s Talk Supply Chain gives them a platform to share what drives them and how they are igniting real progress at their organizations. The premise for the company was working with local companies across Alabama, Georgia, and Northern Florida developing tools to provide more visibility into their suppliers across their supply chain.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Real-time Visibility 115

Supply Chain Game Changer

NOVEMBER 22, 2018

The Future of Supply Chain Skills Gap Will Reach Critical Mass by 2020. At the current rate, says Jennifer McKevitt of Supply Chain Dive , the supply chain skills gap will result in major problems for order fulfillment and lead to increased costs by 2020. Be visible to students!

Supply chain 60

Supply chain Supply chain management Supply chain management Real-time Visibility 60

Pipefy

DECEMBER 28, 2022

By one estimate , worldwide revenue for low-code platforms will almost quadruple between 2020 and 2025, from 12.85B to 47.31B USD. UX impacts a wide range of KPIs including customer satisfaction, employee engagement, turnover rate, and response times, among others. This prediction indicates huge demand for low-code capabilities.

Real-time Visibility 52

Real-time Visibility Import Business strategy Management 52

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Shipment to customer. “C” Subscribe Here!

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. Emerging threats like procurement fraud, supply chain fraud, and accounting/financial statement fraud have also increased since 2020. Profitability. Resilience.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Pipefy

JANUARY 11, 2023

Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. Time-consuming invoice reconciliation (28%). Since early 2020, the spotlight has been on supply chains and supply chain management.

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Zycus Cognitive Procurement

DECEMBER 18, 2020

Introduction: Supplier risk mitigation has become very important, especially in these times. The two key themes to come out of 2020 from a procurement and supply chain standpoint have been supplier risk mitigation and cyber threat. With time, organizations did find ways to get their supply chains back up and running.

Risk 40

Risk Suppliers Real-time Visibility Supply chain 40

Supply Chain Game Changer

MAY 18, 2021

The risk of extended Supply Chain disruption due to impacts to nature is significantly impacted in these industries: chemicals and materials; aviation, travel and tourism; real estate; mining and metals; supply chain and transport; and retail, consumer goods and lifestyle.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply Real-time Visibility 64

Procurement Software

OCTOBER 10, 2023

Demographics Recent research conducted by McKinsey indicates that in 2020, Europe and North America faced a shortfall of 16 to 18 million college-educated workers compared to the demand. Remote work Younger people especially want more location and time freedom. People are leaving the profession Burnout is real.

Procurement 59

Procurement Real-time Visibility supply chain software solutions Category management 59

Supply Chain Opz

MARCH 1, 2016

Be able to access data from anywhere It’s predicted that by 2020, we will have over 6.1 In light of this growing number of smart connected devices, its important that supply chain managers can access information from anywhere, at anytime, on any device to be able to make real-time supply and demand decisions.

Data 73

Data Supply chain Real-time Visibility Supply 73

Pipefy

MARCH 6, 2023

In a 2020 article published by the European Journal of Information Systems , “digital transformation provides us with a unique opportunity to sharpen existing BPM logics and extend them beyond their theoretical limits.” It takes time and requires a change management plan that prioritizes not only the technology but also the people involved.

e2e 52

e2e Supply Chain Efficiency Real-time Visibility Change management 52

Arkestro

AUGUST 15, 2022

A 2020 survey by McKinsey & Company reveals that 83 percent of C-Suite leaders expect ESG programs to contribute significant shareholder value over the next five years. Unfortunately, it also means that organizations don’t get adequate visibility into sub-tier suppliers. Others impose significant punitive fines on global turnover.

Strategy 52

Strategy Real-time Visibility Supply Chain Efficiency Suppliers 52

Supply Chain Opz

NOVEMBER 30, 2015

Given the costs of infrastructure development, I suspect these tight capacities to remain for some time and drilling companies will be looking to other alternatives (namely pipeline, truck, or ship) to move oil around the country. The driver shortage forecasted to grow to over 200,000 tractor-trailer operators by 2020.

Real-time Visibility 58

Real-time Visibility e2e Supply Chain Optimization Supply Chain Efficiency 58