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
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supplychain management. Reminder of Key Definitions – Logistics & SupplyChain Management. and J-P Rodrigue (2004)).
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. That makes agility a foundational part of your manufacturing strategy.
Check out Brand Protection – The Definitive Role of the SupplyChain! The SupplyChain function within your company has many responsibilities. Yet often the SupplyChain is undervalued. Why is SupplyChain often undervalued? Pressures for Cost Reduction in SupplyChain.
Subscribe to SupplyChain Game Changer. SupplyChain as a Service (SCaaS)! An Outlook for SupplyChain article and permission to publish here provided by Joe Gregson. As a digital native born at the end of the millennial era, it is fair to say I also expect nothing less. Subscribe Here! Email Address.
Don’t forget to check out our best practices , tools , and a list of helpful supplychain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supplychain with the strategies mentioned below.
Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. Assessment of the supply market (who offers what?)
Today I’m joined by Logward , an exciting tech brand with a vision of a future where supplychain departments lead the transformation of their industries, instead of simply transporting it. What definitely has changed is the attention and the sense of urgency.” 44.17] The future for Logward. Check out our other podcasts HERE.
For years, supplychain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supplychain ecosystems had not been built to flex.
There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital SupplyChain , that illustrates the urgent need for companies today to transition to a digital supplychain, if they haven’t done so already. ” What is the Digital SupplyChain?
Leadership Founder & CEO: Jag Lamba, former McKinsey consultant, leads the company with a focus on operational agility, risk management, and AI innovation. Advantage AI-First Automation End-to-end automation, from onboarding to risk and compliance, with AI at every step. Key Differentiators Feature Certa.ai is essential.
For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on SupplyChain Digital Transformation projects.
How can you tell if your SupplyChain is broken? But before the situation gets to those extremes what are the clues that your SupplyChain is not working as well as it could, or should? But before the situation gets to those extremes what are the clues that your SupplyChain is not working as well as it could, or should?
I was recently delighted to be joined in webinar discussion by Iain Prince, Operational Transformation & SupplyChain Partner at KPMG. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supplychain resilience.
The Traffic Jam SupplyChain Model. Consider each of the nodes (suppliers, operations, distribution centres, stores) in your SupplyChain as being a “highway” Consider also that all of the goods that you are moving along these nodes are the “vehicles” travelling on those highways.
The answer is no: P2P and S2P are not the same and definitely can’t be used as synonyms. However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. Improvements to end-to-endsupplychain efficiency. End-to-endsupplychainvisibility ensures more synergy in cooperation.
Build better processes with the Definitive Guide to Workflow Management Download now. Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supplychain disruptions. What is procurement transformation?
A fair number of companies are leaning toward the latter view. Companies need to implement end-to-end encryption between IoT endpoint and backend systems, Sastri says. Sastri says it’s essential for businesses to achieve total visibility over their devices. The 2016 cyberattack on domain-name system provider Dyn, Inc.
The answer is no: P2P and S2P are not the same and definitely can’t be used as synonyms. However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. Improvements to end-to-endsupplychain efficiency. End-to-endsupplychainvisibility ensures more synergy in cooperation.
Following recent events like the pandemic, the shift to non-office work models, and supplychain pressures, the demand for business process transformation has accelerated. Many leaders today realize that a radical change is needed to keep up with changing business environments and requirements. Learn more about change management.
This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supplychain disruptions. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?
Build better procurement processes with the Definitive Guide to Workflow Management Download now. Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Containing costs.
Finally, once completion has been confirmed, the Paid software automatically generates invoices on behalf of the supplier and optionally provides supplychain finance (i.e. I think it's a really cool episode, I think is really cool product that you should definitely have a look into that. faster payment’ to the supplier).
Subscribe to SupplyChain Game Changer. The Parallel SupplyChain … A Twilight Zone Strategy? Since the Coronavirus pandemic exposed the fragility of the global SupplyChain , everywhere you look you see the word “resilience” being used as the latest buzz word. Get Our EBOOK HERE.
Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services.
Build better procure-to-pay processes with the Definitive Guide to P2P Optimization Download now Procurement automation opportunities Purchase requisitions An employee sees a need, creates a purchase requisition to obtain those goods or services, and circulates that requisition through multiple levels of personnel for approval.
Superiority of a Metaprise over an Intake and Orchestration Model: Comprehensive Scope: A Metaprise encompasses the entire business ecosystem, integrating various functions such as finance, operations, and supplychain into a unified, data-driven framework. Breaks down data silos, enabling holistic visibility and collaboration.
Here Is Today’s Post There isnt a single, definitive survey providing an exact percentage of organizations leaning towards consolidating their ProcureTech stacks versus those who dont, specifically for 2025. Not Leaning Toward Consolidation: 4050% Evidence: Smaller firms or those with legacy systems (e.g.,
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