ivalua

DECEMBER 5, 2019

As the pressure to innovate increases, procurement professionals need to be able to quickly identify areas for innovation and effectively engage internal stakeholders and suppliers on new product development. How to provide 360-degree visibility and enable collaboration at scale using a single platform. 17:30 – 18:00.

Collaboration 20

Collaboration Supply Chain Efficiency Innovation Supply chain 20

SCMDOJO

JANUARY 9, 2025

Key Benefits of Strategic Sourcing Building Long-Term Supplier Partnerships Strategic sourcing focuses on identifying and collaborating with suppliers who align with a companys long-term goals. Companies with strategic sourcing strategies in place were able to avoid production stoppages by having alternative suppliers ready.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Leaders

MARCH 26, 2024

Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. Moreover, Toyota, in particular, had set up ingenious systems for collaborative product development by delegating tasks to its closely connected suppliers – its supplier keiretsu.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

ivalua

MARCH 24, 2021

Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process. Digitization Benefit #1: Inter-Enterprise Collaboration .

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 130

ivalua

MARCH 16, 2020

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Let's Talk Supply Chain

FEBRUARY 20, 2025

heading 1: Strategic Collaboration with Global Partners to Bolster Resilient Supply Chain ‍Management In response to the new China tariffs, Mattel, the renowned toy manufacturer, has strategically diversified its supply chain to navigate the evolving trade landscape.

Agile and Lean Supply Chain 52

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

Jaggaer

NOVEMBER 14, 2024

While the prospect of digital transformation in procurement can be daunting, partnering with a world-class provider can guide your organization through a journey of improvement, delivering success across various metrics such as margins, profits, production targets, quality scores, ESG scores, and customer satisfaction.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Procurement Tactics

JANUARY 2, 2023

However, not many people know how to collaborate with their suppliers. . Therefore, supplier integration is the degree to which firms collaborate with their suppliers. . This collaboration includes idea generation, new product development, product concept development, large-scale production, and market testing. .

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Supplier chain collaboration itself isn’t new.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

The Good Spending

AUGUST 16, 2022

Why is supply chain collaboration essential? However, some critical differentiators - like collaboration - justify the very existence of our profession! The supply chain is the most collaborative function in the business. Notably, the collaborating firms will achieve benefits they would not obtain working in isolation.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Let's Talk Supply Chain

APRIL 28, 2025

The allocation of funds towards modernizing infrastructure, expanding capabilities, and fostering collaboration‍ is poised to yield long-term benefits for both‍ the industry and the‍ broader community, positioning Thermo Fisher as a trailblazer in shaping the future of healthcare infrastructure.

Supply Chain Efficiency 52

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

ivalua

SEPTEMBER 8, 2015

Examples: working collaboratively with product development to reduce time to market and solve production problems. Here the challenge is more closely aligning a “thin front line” of procurement pros with the business stakeholders they support to help them improve their performance.

Procurement 149

Procurement Procurement team Innovation Suppliers 149

ivalua

JANUARY 20, 2016

Analytics needs to serve as your primary compass for product development and how you bring your products to market. You must be able to capture buyer needs more effectively and create products that meet those needs in the shortest amount of time possible. Collaboration skills. Mastery of analytics. Risk management.

Collaboration 100

Collaboration Risk management Risk Suppliers 100

Procurement Heads

JUNE 20, 2023

I also think on new product development – for a long time, it would have been marketing and manufacturing, but now you see supply chain up front in development. Let’s do exactly what we know we can do through great partnerships and collaborative working relationships with our critical and strategic suppliers.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply chain Procurement Import 244

Spend Matters

OCTOBER 1, 2024

Innovation and collaboration with customers were major themes, with future developments like ‘co-pilots’ being explored to enhance compliance, supplier management, data insights and more. He also advocated for keeping customer value central in product development and engineering.

e2e 113

e2e Innovation Data Quality 113

Jaggaer

APRIL 9, 2025

The fourth phase can be characterized as collaborative AI, in which AI-powered collaborative robots, or cobots, can work safely alongside humans. These systems continuously analyze data to make informed decisions regarding production workflows, quality control, and process optimization.

Strategy 52

Strategy Supply Chain Optimization Supply Chain Efficiency Quality 52

Procurement Templates

JUNE 18, 2023

Open and transparent communication can help procurement teams collaborate with suppliers to find mutually beneficial solutions during periods of inflation. Value engineering: Engaging suppliers early in the product development phase and involving them in value engineering can lead to cost reduction.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply chain Procurement 52

TYA Suite

MAY 13, 2025

Enhanced supplier collaboration through data-driven decisions With the rise of digital tools and analytics, operational procurement management is increasingly data-driven. This allows procurement teams to collaborate more effectively with suppliers, identify patterns, and forecast future needs.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

Una

FEBRUARY 20, 2023

Procurement’s involvement with suppliers also provides an opportunity to improve product quality so the business sells more. Promote cross-functional collaboration In business, teamwork and cross-functional collaboration is crucial to ensure organizations continue to move forward and grow.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

SCMDOJO

DECEMBER 28, 2023

This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2 5 Cloud-Based Solutions Around 78% of respondents , companies like yours, are currently evaluating technology solutions to enhance operational efficiency for new product development.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 98

Let's Talk Supply Chain

JANUARY 9, 2023

Today Gary Nowacki, Founder and CEO at TraceGains, joins me to chat all about the company: what they do; achieving visibility and productivity through collaboration; overcoming today’s supply chain challenges; and bringing people and ingredient data together in new ways to achieve business agility. .

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

Procurement Express

JULY 5, 2024

Budgeting as a Collaborative Conversation Contrary to the common perception of budgeting as a solitary task, the most successful budgeting efforts involve a collaborative conversation among key stakeholders. Budgeting for Product Development One of the trickiest aspects of budgeting is accounting for product development.

Budget 52

Budget Real-time Visibility Product development Collaboration 52

ivalua

FEBRUARY 24, 2021

Strong supplier relationships lead to new product development and innovation, as well as reduced costs and increased efficiencies. Product quality improves and the supply chain is more likely to keep humming along, despite disruptions caused by global or political events — which seem to be common these days.

Suppliers 130

Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

Supply Chain Game Changer

MARCH 25, 2021

A PLM system allows companies to track the processes and stages of a product’s journey from concept to finished goods. Consumer good companies often leverage PLMs to manage the product development stages of the product lifecycle. What are Supply Chain Management Platforms? The Problems with ERP Systems.

supply chain software solutions 81

supply chain software solutions Real-time Visibility supply chain budgeting Supply Chain Efficiency 81

TYA Suite

MAY 13, 2025

Lower costs mean more available cash to invest in other parts of the business like marketing, product development, or hiring. How it works: Instead of always focusing on price, you work collaboratively with suppliers to find ways to lower costs (e.g., What it is: Building strong, long-term relationships with key suppliers.

Strategy 40

Strategy Import Procurement Raw materials 40

Supply Chain Opz

JANUARY 19, 2015

Rather than developing a prototype in-house and then sharing it with suppliers, with the supplier then responding with some great ideas for modification, why not involve them much earlier than that? Such supplier relationships, however, do not develop by themselves.

Strategic sourcing 56

Strategic sourcing Strategic sourcing Sourcing Product development 56

Supply Chain Opz

JANUARY 3, 2017

For example, a supply chain manger may attend Sales and Operations meeting to resolve demand/supply imbalance, participate in New Product Development meeting or lead the team meetings for various performance improvement initiatives.

Supply chain management 75

Supply chain management Supply chain management Supply chain Management 75

Supply Chain Game Changer

JULY 23, 2020

They diversify supplier bases to reduce risk, provide massive cost savings, allow companies to quickly offer new products, and find sources of innovation through closer supplier collaboration. In today’s environment, Supply Chain is the vanguard of profitability and brand.

Supply chain 104

Supply chain Leadership Supply Logistics 104

SupplyShift

NOVEMBER 12, 2021

We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration. Key Takeaways 1) Pre-competitive collaboration is the best way forward. In today’s day and age, the benefits of collaboration are well understood. This year’s event was all about taking action.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

SupplyShift

NOVEMBER 12, 2021

We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration. . 1) Pre-competitive collaboration is the best way forward. In today’s day and age, the benefits of collaboration are well understood. This year’s event was all about taking action. Key Takeaways.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

IBM Supply Chain Blog

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. Blockchain technologies can increase transparency and traceability in the supply chain, helping to prevent fraud and ensure product authenticity.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

Supply Chain Collaborator

NOVEMBER 22, 2017

As the nation turns its attention to reasons for gratitude this Thanksgiving season, we here at UltraShipTMS, the Supply Chain Collaborator blog and the logistics industry in general have more than the usual reasons to be thankful. Even in the leaner years, we as Americans always have plenty of abundance to reflect upon.

Logistics 60

Logistics Real-time Visibility Supply Chain Optimization Product development 60

Supply Chain Collaborator

FEBRUARY 15, 2018

The Inspection, Compliance, Response portion mandates greater inspection frequency and considers new ways to inspect including enhanced product tracing. Enhanced partnerships calls for better collaboration between state and local agencies, laboratory networks, easier ability to find and recall information.

Innovation 60

Innovation Product development Logistics Networking 60

SCMDOJO

DECEMBER 14, 2023

Innovation and Product Development: Reduced lead times can facilitate faster innovation and time-to-market for new products. Businesses can stay ahead of the competition by bringing new and improved products to market more quickly. In simple terms, it makes your supply chain more agile to cope with market changes.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

The Good Spending

JUNE 15, 2022

and new forms of collaboration between business partners. These interdependencies challenge traditional ways organizations purchase products, services, and solutions to enhance competitive advantage and customer satisfaction. globalization, disrupting value chains, etc.) Examples: spot buying, e-auctions.

supply chain budgeting 52

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