ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . What can we expect in 2022?

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Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

EazyStock

JANUARY 17, 2022

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. As 2022 takes hold, many of the same challenges are present. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Efficiency 52

SCMDOJO

JULY 7, 2023

However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

Supply Chain Efficiency 101

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 101

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. You can read more about demand forecasting techniques in our article.

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

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

supply chain software solutions 52

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

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

Agile and Lean Supply Chain 52

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

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . Here are the latest updates on digital procurement in 2022 : .

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supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

IBM Supply Chain Blog

JUNE 19, 2023

By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. However, now we see how brittle these global supply chains are. trillion in 2023 because of these disruptions.

Risk 81

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 81

IBM Supply Chain Blog

JANUARY 25, 2024

Whether MRO processes address preventive maintenance, service failures or shutdown overhauls, the wanted results are the same: deliver increased service levels, function safely and sustainably, operate efficiently and reduce unplanned and costly downtime. A 40% reduction in inventory costs. A 35% decrease in maintenance budgets.

Supply Chain Optimization 77

Supply Chain Optimization Inventory Agile and Lean Supply Chain supply chain budgeting 77

ivalua

OCTOBER 24, 2022

Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. So what’s pressuring procurement and supply chain leaders the most?

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Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 100

IBM Supply Chain Blog

OCTOBER 30, 2023

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain.

Agile and Lean Supply Chain 82

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 82

Supply Chain Game Changer

SEPTEMBER 29, 2022

Subscribe to Supply Chain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! Refrigerated transport is a vital component of global supply chains. To further support how refrigerated transport is so valuable in a global supply chain, below are several more reasons: 1.

supply chain budgeting 97

supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 97

Let's Talk Supply Chain

AUGUST 31, 2022

15.55] How and why a business’s Sifted Score is re-calculated weekly, and the impact that has on agility and improved decision making. A lot of people talk about being resilient, and agility, and how important that is. 28.12] Ami’s predictions for the rest of 2022, looking forward to 2023.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Data Logistics 52

Arkestro

JULY 6, 2023

Plant shutdowns, production disruptions, supply shortages, and demand surges wreaked havoc on the automotive world in 2020. In 2022, automakers across the globe cut roughly 4.3 million cars from production due to ongoing supply chain issues and semiconductor shortages.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Procurement 52

Una

AUGUST 2, 2022

By Hugo Britt | August 2, 2022. Benefits include cost savings, risk reduction, efficiency gains, transparency, agility, customer satisfaction, employee engagement, and much more. Benefits of Cloud-Based Supply Chain Management. 5 Technology Trends in Procurement. Technology trends in procurement. Self-service.

Procurement 98

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

Arkestro

DECEMBER 12, 2023

billion in 2022 , and forecasters expect a 3% increase in sales this year. Similarly, shoppers are planning to buy less gifts than last year — an average of eight gifts instead of the nine gifts bought in 2022. Retail sales reached $929.5 This is a much slower pace when compared to the 5.4% increase last year and the 12.7%

Procurement 52

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

Skill Dynamics

OCTOBER 26, 2022

LONDON, 26th October 2022: More than half (53%) of senior procurement professionals say that retention in their function has decreased in the last three years – and 47% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics. About the Research.

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Supply chain 52

Zycus Cognitive Procurement

JANUARY 24, 2023

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Investment in technology is crucial and requires even more during the time of an economic downturn. “

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Pipefy

OCTOBER 25, 2023

Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation. In a recent survey conducted by Pipefy, 55% of C-suite executives responded that “improved agility” was a primary benefit they expected from process automation software.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Supply Chain Game Changer

AUGUST 8, 2022

Subscribe to Supply Chain Game Changer. It has become impossible to ignore the headlines about the rising cost of living, the supply chain issues, and the unpredictable markets without professional help. This is especially true when it comes to your budget. appeared first on Supply Chain Game Changer™.

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply Chain Efficiency 94

IBM Supply Chain Blog

APRIL 10, 2024

Improved speed and agility: The world is changing rapidly and technology is the biggest enabler for this change. Adopt developer tooling and agile processes to increase your velocity and help you address these issues. For example, the cost of the technical debt in US was $1.52 trillion in 2022.

Innovation 93

Innovation Sustainability Risk Demand 93

IBM Supply Chain Blog

MAY 6, 2024

In 2022, less than 10% of trial participants for FDA approval were Black, fewer than 12% were Asian, under 13% were Hispanic, and women constituted less than 50% (Exhibit 3), not reflective of the current US population. The number of first-time clinical investigators has declined, especially among non-US based investigators.

Real-time Visibility 84

Real-time Visibility Data Influencing Strategy 84

IBM Supply Chain Blog

JUNE 2, 2023

This, along with the overall maturity of CSEs, uninterrupted service requirements, state budget, timing, staffing, and other factors mandate a comprehensive modernization approach to pull in these investments. AWS has the biggest cloud infrastructure services vendor market share worldwide, averaging around 33% as of Q4 2022.

Data 84

Data Collaboration Management Sourcing 84

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation.

Risk 130

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

IBM Supply Chain Blog

DECEMBER 7, 2023

Building point-to-point integrations manually is time consuming, inefficient and costly; andorganizations need a better way to consume and share data, as well as a more flexible and agile way to add new features and solutions. It replaces the complex point-to-point integration style to enable a more flexible, scalable and agile architecture.

Real-time Visibility 75

Real-time Visibility Data Sourcing Collaboration 75

Planergy

AUGUST 25, 2022

Digital transformation in procurement Digital transformation impacts all areas of procurement, including the following: Suppliers and the supply chain Employees Reporting Customers Costs Revenue Like other areas, digital transformation can eliminate repetitive tasks, improve business agility, and reduce costs.

Data 52

Data supply chain budgeting Purchasing supply chain software solutions 52

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. million in March 2022. LTL networks need to improve efficiency and reduce costs without an impact to customer service.

supply chain budgeting 95

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Una

OCTOBER 25, 2022

By Hugo Britt | October 26, 2022. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. How to Improve Procurement Efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Supply Chain Game Changer

FEBRUARY 9, 2022

Subscribe to Supply Chain Game Changer. 7 Reasons to Switch to Agile Project Management! An interesting and useful addition to Trello is the time and attendance software – TimeCamp, which also has functions related to the process of budgeting and invoicing the project and working hours. Subscribe Here!

Project management 80

Project management supply chain software solutions Management supply chain budgeting 80

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

IBM Supply Chain Blog

DECEMBER 1, 2023

According to the IBM Transformation Index: State of Cloud , a 2022 survey commissioned by IBM and conducted by an independent research firm, more than 77% of business and IT professionals say they have adopted a hybrid cloud approach. A recent jump in cloud computing demands took place during the COVID-19 pandemic.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain software solutions Data Networking 84

IBM Supply Chain Blog

MARCH 12, 2024

Today, utilities are meeting these challenges and risks with innovation by leaning on data and AI to prepare for the next event. And in December 2022, Winter Storm Elliott struck the US Eastern Interconnection grid, resulting in 90,500megawatts (MW) of generation experiencing unplanned outages.

Data 60

Data Risk Management Strategy 60

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. The first step to operational efficiency is taking a close look at every operational process and asking questions like: How much does it cost to produce each unit?

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

IBM Supply Chain Blog

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. This delivers increased agility while maintaining customer-related quality, reliability, stability, and security.

Data 89

Data Innovation Real-time Visibility Management 89

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. Procurement professionals surveyed in the 2019 CPO Rising study responded that limited budgets and lack of modern procurement technologies were the top seen as the top 2 hurdles for achieving procurement objectives between 2020–2022 (CPO Rising 2019). Subscribe Here! Email Address.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Procurement Software

AUGUST 8, 2023

In 2020, Coupa announced the acquisition of Llamasoft , a supply chain planning software company, for $1.5 It continued to struggle right up to the announcement acquisition in December 2022, with an acquisition price per share of $81.00. Mid-market businesses don’t have huge software budgets. Only time will tell.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain supply chain budgeting Procurement team 52