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
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supplychain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supplychain career through the SCMDOJO SupplyChain Learning Track Certification!
This article serves as the executive summary of a six-part series built for finance and procurement leaders aiming to strengthen their organizations cash flow management and liquidity position. Cash flow management is no longer an isolated finance function, it requires end-to-end coordination across teams and systems.
This leap in AI capabilities is revolutionizing industries, and AI-driven supplychainmanagement is no exception. Agentic AI takes this a step further by enabling autonomous supplychain systems. Enhances AI-driven supplychain resilience. Here are some leading innovators in this space: 1.
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supplychains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supplychainvisibility and monitoring solutions a top priority.
The US administrations announcement of reciprocal tariffs in early April sent a jolt through global supplychains. Building internal alignment across procurement, supplychain, legal and finance to tie sourcing decisions to tariff cost modeling and compliance. Remaining agile by embedding reassessment mechanisms.
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.
In an age where supplychains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supplychain leadership to pivot from reactive management to proactive strategy built on data. Not sure where your supplychain stands?
Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.
Supplychains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supplychain resilience as well as supplychainvisibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.
Discover Ways to Boost SupplyChainVisibility through Digital Marketing Supplychainvisibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supplychainvisibility.
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.
Network Member Question Aside from the basics of spend analysis and eliminating redundancy, Im curious to hear of others experiences in dealing with merger/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
In a rapidly evolving world where supplychain disruptions are becoming increasingly common, the question arises: can artificial intelligence finally provide the solution we’ve been searching for? Logility’s cutting-edge technology offers a promising glimpse into the future of supplychain optimization.
Modern enterprises rely on supplychain software to track several activities, including manufacturing and distribution of goods. Many supplychain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.
I picked Chevron to prepare the following assessment based on the company’s interest in my recent LinkedIn post and the corresponding poll in the Purchasing & Global SupplyChain Professionals (PGSCP) group. Chevron Fit: Strong for cost management and tech adoption, with $5M-$15M savings potential.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supplychain thinking”?
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 supplychainmanagement. Reminder of Key Definitions – Logistics & SupplyChainManagement. Rider (1970)).
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.
Subscribe to SupplyChain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your SupplyChain! Everyone involved in these SupplyChains is abiding by the social distancing and protective mandates we all are adhering to. Subscribe Here! Email Address.
JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts. Secondly come eProcurement, SupplyChain Collaboration, Invoicing, and Payments. Any organization that manages procurement at scale can benefit from digitally transforming its source-to-pay (S2P) process.
With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supplychains, the pace of change has sped up, forcing businesses and workers to adjust quickly. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.
Your customers, employees and shareholders want to know you have a plan to address supplychain sustainability. Supplychain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.
Check out Brand Protection – The Definitive Role of the SupplyChain! The SupplyChain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Promoting SupplyChain Value.
I recently hosted a webinar in which our star speaker was Lora Cecere, Founder at SupplyChain Insight. Supplychainmanagement typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. As late as the 1990s, supplychains were very local.
While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. A closer look at these functions reveals how ERP streamlines operations and supports long-term growth.
When Covid-19 hit, supplychains across the globe nearly came to a halt. According to Accenture, 94% of Fortune 1000 companies saw supplychain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. Procurement Teams Step-up. It’s critical to be vigilant.
Zarrin Lilani on How Women Lead in SupplyChain At Let’s Talk SupplyChain, we’re passionate about closing the gender gap to expand innovation through diversity. And while the tech industry job market is still anything but stable, supplychain leaders are still dealing with ongoing talent and resource shortage challenges.
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.
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.
The shock-resistant, resilient supplychain — demand management enables supplychain and financial resilience. “Black swan” events highlight the need to transform traditional supplychain methods. The benefits of technology underpinning shock-resistant supplychains.
Adaptability has come to be increasingly valued in recent years, and the terms flexibility, agility, and responsiveness crop up frequently in business discussions today.”. A key focus is the ability to sense environmental changes through data-driven insights, thus enabling a more agile and swift response.
Typically, a manager or procurement officer will examine the request to ensure it fits within the budget and complies with company policies. Enhanced supplier collaboration through data-driven decisions With the rise of digital tools and analytics, operational procurement management is increasingly data-driven.
Businesses with optimal supplychains achieve 5-15% lower supplychain costs , 20-50% less inventory holdings, and up to 3X cash-to-cash cycle speeds. Tackle your most complex supplychain challenges. Tackle your most complex supplychain challenges. True end-to-endvisibility with embedded AI.
Subscribe to SupplyChain Game Changer. Peak season fulfillment is a topic that strikes both fear and hope into the minds of supplychain leaders. Even systems implemented in this decade are obsolete if they cannot share data between other supplychain platforms. Email Address. Get Our EBOOK HERE.
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. 31.33] An overview of Logward’s Transport Solutions, and the visibility it provides. 44.17] The future for Logward.
By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Procurement Tracking is the process of monitoring and managing procurement activities. What is Procurement Tracking?
Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?
is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. AI-First Automation: AI is built into every step, simplifying workflows, automating processes, and delivering real-time insights for compliance, onboarding, KYC/AML, contract management, and ESG initiatives.
Subscribe to SupplyChain Game Changer. The Fireworks SupplyChain! Over the past 15 months, we’ve been writing on the Argentus blog about the immense impacts that the COVID-19 pandemic has had on global supplychains – particularly, as you might expect of a recruitment firm, from the perspective of talent and skills.
Define the contours of your supplychain network from end-to-end – inbound from vendors to production facilities and outbound from DCs to customers. Game out how the risk(s) you’ve identified may impact each supplychain and be prepared with strategies to react in real-time to disruptions as they occur.
Strategic Fit: Amex aimed to build an end-to-end B2B platform (Anna Marrs, Amex), enhancing its supplier-side offerings beyond card issuance. Its spend management was fragmented, often requiring tools like Concur. Supplier Focus: Ramps supplier management is buyer-centric (e.g., PO syncing, bill pay). manufacturing).
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.
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