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By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. Decision-makers must plan supplychain resilience strategies for a wide range of risk scenarios.
SupplyChain’s Moment of Truth Has Arrived! In 1982 Keith Oliver is credited with coining the phrase “SupplyChain Management” As I began my career in 1982 I can attest to the fact that the term SupplyChain was not in general use at that time. But this is my view of SupplyChain.
Between 2007 and 2025, Procurement Insights archives reflect a remarkable evolution in the procurement and supplychain industry—from basic cost and operational concerns to strategic, tech-driven, and resilience-oriented priorities. Procurement team transformation and data/process digitization appear as timely themes by 2019.
Having completed its five-year Agenda 24 plan launched in 2020 with 45 initiatives to align procurement with sustainability regulations the company will now unify and standardise its procurement processes within JAGGAER. Digitalisation has brought Cosentino benefits such as increased visibility, transparency, and agility in its operations.
From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supplychain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supplychains. Tariffs also destabilize supplychain operations.
Attendees explored emerging market trends and how organizations are responding in realtime, strategic investments in automation and artificial intelligence, best practices in change management, and the key performance indicators that matter most for long-term sustainability. Another common roadblock is disconnected data.
We’ll be exploring the importance of robust security and safety solutions, and empowering better decision-making through real-timevisibility. Prior to joining Werner in 2020, Mahon was employed at Vonage Business, Inc., It’s crazy what the supplychain looks like today versus 20 years ago… It’s night and day.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. 5, 2020, in New York City. Published July 2, 2025 Max Garland Senior Reporter post share post print email license A U.S.
Sustainable SupplyChain — The Ultimate Guide. The sustainable supplychain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supplychain?
Subscribe to SupplyChain Game Changer. SupplyChainVisibility Has Never Been More Important! SupplyChainvisibility article and permission to publish here provided by Adam Miglio. And the limitations in supplychainvisibility seem to start right here. PO Placement ?
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChain technologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Subscribe Here!
Blockchain technology is revolutionizing the way businesses manage their supplychains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supplychain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
Subscribe to SupplyChain Game Changer. The supplychain management industry has undergone many changes in recent years. The introduction of IoT devices to the supplychain, the rise of edge computing, and its ability to increase connectivity and efficiencies, have changed how businesses operate across industries.
Supplychainvisibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supplychain issues. But what does supplychainvisibility mean? The reason boils down to a single word— barriers.
Customers can now ensure greater supplychain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased.
Subscribe to SupplyChain Game Changer. SupplyChain Systems article and permission to publish here provided by Dave Joseph at veridian.info. E-commerce will continue to grow significantly through 2020 and beyond. The use of a warehouse control system goes a long way in building efficiency in the supplychain.
In 2024, the logistics and supplychain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supplychain improvements, with 52% believing they could enhance their operations.
CTA April 28, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? According to SupplyChain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! Challenges facing SupplyChain Executives article and permission to publish here provided by Melody Williams. As we look into the coming year ahead, supplychain leaders face new and significant challenges.
Here, we’ll discuss how it becomes useful for SCMs and what are some blockchain supplychain examples. Understanding SupplyChain The production industry uses a variety of procedures to serve its consumers through the market; all these activities can be covered under one umbrella term: supplychain.
Subscribe to SupplyChain Game Changer. And given that nothing can happen without a leading and supportive SupplyChain, by extension what is a “Nature Positive SupplyChain”? Clearly these are breakdowns in end to end SupplyChain Management which impact on nature and our environment.
But when it comes to visibility, dock workers aren’t typically given the foresight they need to do their jobs efficiently. The yard can take advantage of these newer visibility platforms to stay better informed about truck estimated times of arrival (ETAs). Overtime costs due to lack of visibility.
billion (2020) to a projected $9.5 Benefits include cost savings, risk reduction, efficiency gains, transparency, agility, customer satisfaction, employee engagement, and much more. Fully-automated spend categorization will boost visibility, free up time, supercharge advanced analytics, and improve decision-making.
For years, supplychain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. Take out too much inventory, and you add risk.
Subscribe to SupplyChain Game Changer. After the eCommerce boom in 2020-21, the number of global digital shoppers is predicted to hit 2.05 After the eCommerce boom in 2020-21, the number of global digital shoppers is predicted to hit 2.05 Real-Time Notifications, SMS & Emails. Subscribe Here!
As with most complex business challenges, the ability to accommodate increasingly complicated supplychains is heavily dependent on technology. Yet, a surprising number of shippers are still performing their day-to-day functions without the assistance of any supplychain digitization software solution (or with antiquated processes).
What is a customer-focused supplychain? Having a customer-focused supplychain essentially means meeting the customer on their terms, rather than making them settle for yours. In this article we’ll cover the following areas of customer-driven supplychain strategy: The importance of a customer-driven supplychain.
Subscribe to SupplyChain Game Changer. 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. Subscribe Here! Email Address.
Advantages and Disadvantages of ERP Systems Discover the advantages and disadvantages of utilizing ERP systems to drive efficiencies and cost savings in procurement. ERPs often use automated workflows and business rules to streamline processes, reduce errors, and increase efficiency. billion in 2020) Oracle ($40.48
Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.
Subscribe to SupplyChain Game Changer. SupplyChain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supplychains are more important than ever. You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. Email Address.
But what is a cognitive supplychain model and where does it fit into all this? Simply, a cognitive supplychain model utilizes machine learning, which is a type of artificial intelligence that has been merged with advanced analytics. How Cognitive Learning is Applied to SupplyChain Processes.
As supplychain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. This exciting trend persuaded us that it’s about time we featured an article on these procurement tools specifically. And stepping up, they indeed are.
It serves Fortune 500 companies, and in 2020 the platform managed more than $150M of spend. Spendkey is one of few spend analytics platforms which also offer transparent pricing on their website. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface.
Inventory allocation has never been easy, but a less clear picture of demand makes forecasting, planning and allocation increasingly complicated. Demand planning is a critical process for supplychain management during which a company projects future demand, and therefore shifts output to meet those projections.
Successful clinical studies hinge on efficiently recruiting and retaining diverse participants. While the overall clinical trial termination rate has decreased over time, low accrual rates within trials remain the most common termination reason. Ensuring early assumptions resonate with real-world execution is paramount.
Subscribe to SupplyChain Game Changer. Seasoned Leadership in Action – Our 2020 All Stars! At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. How has Business and SupplyChain changed over the course of your career?
The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%. Modern UEM technology providers cover both USA and European data privacy laws, to help IT teams in the healthcare industry remain productive and efficient.
BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives.
To do this quickly and efficiently, spend analytics software is your best friend. Sure, but it won’t be very efficient and it’s prone to human error. established in 2020, is a pioneer in the field of spend analysis automation. Can you do spend analysis in an Excel spreadsheet? Mithra-Ai Mithra-AI Solutions B.V.
Key Data: Founder / CEO: Anders Lillevik Date Founded: 2020 Visit Focal Point profile in our Software Finder 2. Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes.
As part of Box’s continuous advocacy towards ESG and Supplier Diversity, previous visibility into their supplier diversity spending was limited. That’s because Box didn’t have the detailed information and access to 3rd-party databases to understand how diverse and socially responsible their supply base was. The Bottom Line.
Canopy Canopy is a vendor master data and supplier management platform that aims to provide complete visibility of your suppliers’ information. Additionally, realtime communications functionality gives you immediate collaboration on service improvement planning between you and your suppliers.
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