This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
While technology is at the heart of this shift, jumping on the digital bandwagon isnt always as simple as plugging in some shiny new software. Procurement has evolved from a back-office function to a strategic driver of innovation and value. Real transformation demands a mix of creativity, strategy and much patience.
After operating as a privately-owned entity for 99 years, Utz went public in August 2020. This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. The success of the Procurement team at Utz Brands, Inc. ,
ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supplychain professionals in negotiations. For a more in-depth understanding of Rod Sherkin’s insights on supplychain management and procurement, you can watch his interview on SupplyChain Now.
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. He brings more than 20 years of information technology and strategic leadership experience to the Werner.
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supplychain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supplychain.
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. 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! Email Address.
Intro to 2020SupplyChain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. Supplychains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. Greening” the SupplyChain.
John Cockerill was looking for a unified end-to-end spend management platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment.
Subscribe to SupplyChain Game Changer. Amazon SupplyChain strategies article and permission to publish here provided by Jae Jun. With newer technologies being founded, Amazon continually offers new services and breaks the rules of supplychain management to improve their service, margins, and for sellers.
The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized SupplyChain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.
2021 SupplyChain and Inventory Management Trends for the US. Then 2020 was thrown into chaos by the global COVID-19 pandemic. Here we are, one year later, trying to determine the 2021 supplychain and inventory management trends to adopt. Even now, the global GDP for 2020 contracted by an estimated 4.3%
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.
Technologies Reshaping the Global Digital SupplyChain! Imagine what the future will look like in SupplyChain! There are articles which describe what the future of SupplyChain will be like in 2020, 0r 2025, or even 2030. So how can all of this be used to shape what happens in SupplyChain?
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Key Points.
Subscribe to SupplyChain Game Changer. Fleet Management Software article and permission to publish here provided by Korey Kashmer. Before going into how to choose the best fleet management software, first let’s talk about what fleet management software is and how it can benefit OTR fleets. Subscribe Here!
Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supplychain. Understand your demand.
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 softwaresolution (or with antiquated processes).
Subscribe to SupplyChain Game Changer. Shipping solution article and permission to publish here provided by Rashmi Sharma. After the eCommerce boom in 2020-21, the number of global digital shoppers is predicted to hit 2.05 Seamless Integration With Other Software & Programs. Real-Time Route Optimization.
eAuctions almost guarantee that business get the best price for your items and/or services, irrespective as to whether the marketplace is growing or declining (Scanmarket, 2020). E-auctions can also be utilized to get the greatest price on practically any market offering throughout all sectors, regardless of sector (Jose, 2020).
Subscribe to SupplyChain Game Changer. Gartner had predicted that by 2020, ten percent of all field service work would be scheduled by artificial intelligence. However, to enjoy these benefits, there are some factors you must consider, including the use of routing software. Subscribe Here! Email Address. Timing matters.
Imagine you can control your production lines with a mouse click or a touchscreen swipe to optimize your supplychain in real-time – along with the ability to enjoy a seamless, customized experience. . bias in every aspect of the supplychain . bias in every aspect of the supplychain .
Sustainable supplychains : Driven by increasing consumer demand for sustainable products and heightened awareness of the environmental impact of producing and shipping goods, more businesses are looking to make their supplychain operations more sustainable. The smart factories that make up Industry 4.0
Take a look at this concise, step-by-step process for calculating ROI we published in the white paper titled, “ Calculating Savings and Return for an Enterprise Transportation Optimization and Automation Solution “ This paper explains how to perform a self-assessment of the current state of your transportation logistics operation.
By Eric Edwards | April 11, 2023 Search In the world of business software applications, few are bigger and more expansive than enterprise resource planning applications, also known as “ERP” systems. billion in 2020) Oracle ($40.48 billion in 2021) Infor ($3 billion in 2020) Sage Group (£1.85 billion by 2025.
Solution: Route optimizationsoftware: Utilizing software that optimizes delivery routes can minimize travel distances and improve vehicle fill rates, even with smaller loads [1]. Solutions: Route optimization: Using technology to optimize delivery routes reduces travel time and fuel consumption.
What an inventory optimization tool like EazyStock will do is assign seasonal profiles to SKUs based on their demand history. Managing a vast number of SKUs across the entire supplychain is no mean feat. The bigger the supplychain operation, the more complex the inventory management becomes.
At the same time, companies are dealing with erratic customer behavior and badly disrupted supplychains. Why COVID-19 is Driving SupplyChain Digitalization. In 2019 MHI and Deloitte published their report “Elevating SupplyChain Digital Consciousness”. The Benefits of SupplyChain Digitalization.
In order to turn those insights into actions, delight the customers and ultimately make an impact on the bottom line, companies need smarter and more agile supplychain capabilities. . According to CBInsights research, funding to supplychain & logistics tech continued to rise. Request a Demo.
In order to turn those insights into actions, delight the customers and ultimately make an impact on the bottom line, companies need smarter and more agile supplychain capabilities. According to CBInsights research, funding to supplychain & logistics tech continued to rise. Request a Demo.
The 2020’s have escalated nonstop supplychain disruption, from delays to shortages and workforce challenges. Supplychain obstacles are still being cited for growing global inflation. Supplychain leaders are still struggling with an ongoing labor shortage—making getting and staying ahead harder.
Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.
The growth of eCommerce in 2020 was phenomenal as more customers, B2B and B2C alike, shopped online due to the COVID-19 pandemic. In Q3 of 2020 Amazon reported sales up 37% year-on-year, with eBay close behind at 25%. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supplychain strategy.
It is 2020; we now have reasonably accurate short-term weather forecasts. However, for the operational planning of a supplychain, we most often need highly granular location data. That is why dimensional reduction through smart geo-clustering is important: clustering locations within which the weather is quantifiably similar.
With a decade hallmarked by disruption, consumers are more aware of supplychain and how industry shortages, talent gaps, and climate events impact their daily lives and local communities. One dialogue that is still catching fire is how closing the gender gap in supplychain can help the industry build its ranks and agility.
Subscribe to SupplyChain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. between 2018–2023 (MarketWatch 2020). Subscribe Here! Email Address. It’s time to air our dirty laundry.
Subscribe to SupplyChain Game Changer. Societal disruptions, like those caused by the COVID-19 pandemic, can also lead to changes in the way producers and supplychain managers handle their distribution networks, including eCommerce fulfillment. Other SupplyChain Models. Subscribe Here! Email Address.
Keri Potter, Director of SupplyChain and Logistics at Central States Industrial (CSI) , knows what her company needs to stay competitive. Title: Director of SupplyChain and Logistics. Title: Director of SupplyChain and Logistics. I’m the Director of SupplyChain and Logistics at CSI.
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.
Today I’m joined by long-standing supplychain tech company GAINS , for the third and final show in our collaborative series together. GAINS is the supplychain performance optimization company. where he leads the company in leveraging technology to optimizesupplychain practices.
Over the course of our brand new four-part series, we’re going to talk about why optimized and actionable data is more powerful than mere visibility; and why organizations need good data, not lots of data. Amna [07.42] What supplychain visibility really means, and why it’s so important. Change is tough.
Subscribe to SupplyChain Game Changer. Furthermore, to avoid alienating any customers, every software attempting to corner the Android market must operate on every single OS and OS update. The main cause of Android fragmentation can be summed up in two words: open-source software. Subscribe Here! Email Address.
between 2010 and 2020. That share reached a whopping 16.1% , in Q2 of 2020. . The retail giant Walmart’s e-commerce business in the US increased by 97% in Q2 of 2020. For omnichannel fulfillment to work effectively, there are many strategic, tactical, and operational supplychain planning decisions requiring advanced analytics.
Here, you can read the Rise of Autonomous , Unshackle the planners , Closing the Decisions Gaps and a new role for supplychain planners. However, in my career as a consultant, supplychain manager or IBP manager, I have never encountered a formal executive decision approach to improve decision quality.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content