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
Adopt a Forward-Thinking Approach: Stay ahead by monitoring emerging procurement trends, such as digital transformation and sustainability innovations. Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency.
“Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supplychains. Historically, major companies neglected supplychain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. 22, at 10:00 AM PST.
If you want to gain more supplychain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychain analytics books to help you better understand the concepts and strategies behind this vital business field.
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.
Today Im joined by supplychainsoftware brand Manhattan Associates. Manhattan provide more than just supplychainsolutions. Today Mandar Rahatekar, Senior Director of Research and Development at Manhattan, joins me to talk all about the power of unified supplychainplanning.
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. Having meaningful and sometimes tough dialogues to close the diversity gap in supplychain and logistics can fuel business growth—faster.
GAINS is the supplychain performance optimization company. So, with GAINS, supplychain teams can make all the right decisions at speed and scale to right-size inventory, strengthen performance, and fulfill customer promises. Today Im joined by leading tech company, GAINS. Check out our other podcasts HERE.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supplychains and consumer demand are going to change. Demand forecasters need to be prepared.
As the procurement industry and supplychains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supplychain management in the coming year.
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chainplanning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chainplanningsoftware.
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supplychain.
Don’t forget to check out our best practices , tools , and a list of helpful supplychain resources on the website! To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. Logistics KPI Dashboard Excel Template 4.
Subscribe to SupplyChain Game Changer. The Digital SupplyChain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of SupplyChains article focuses on transformative ideation of transport & logistics value chains. The physical supplychain is not easily changeable.
Breaking the.XLSX Chains: Corporate Venture SupplyChainSoftware as the Potential Game-Changer From 2018 to 2022, a whopping $55 billion of venture capital poured into supplychain technology. For around the 30th consecutive year, Excel reigns as the most-used SupplyChain Management tool.
Today I’m joined by RELEX Solutions , an innovative tech brand who’s unified supplychain and retail planning platform helps retailers and consumer brands sell more and waste less. Alex began his career at Target’s Minneapolis headquarters where he built a solid foundation in supplychain management.
In the fast-paced ecommerce sector, optimizing the supplychain is vital for ensuring efficient operations. One effective strategy is materials tracking, a method that enables businesses to monitor the movement of materials throughout the supplychain. The use of advanced technology also plays a key role.
The past few years have seen unprecedented supplychain challenges largely stemming from COVID-19 disruptions. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supplychain strategies. 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 S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. 64% think there is not enough coordinated innovation in S&OP processes. 64% think there is not enough coordinated innovation in S&OP processes.
Effective supplychain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supplychain experts who can manage the complexity and difficulties of today’s global supplychains. They come from a variety of backgrounds.
For many companies, however, building software is not part of their core competencies, and existing solutions in the market make more financial and operational sense. When investing in any last-mile delivery technology assess the technology provider’s commitment towards regular updates and innovation.
Authors Niels van Hove and Hein Regeer explain that while planning and forecasting technologies have benefitted from significant innovations since then, today’s IBP seems unhinged from the day-to-day operations of the business. TRADITIONAL IBP AND PLANNING TECHNOLOGY. LIMITATIONS OF TRADITIONAL IBP. Lacking insights.
This requires meticulous record-keeping, regular audits, and the use of technology such as inventory management software to streamline processes and enhance accuracy. Diversifying the supplier base can provide resilience against supplychain disruptions.
Anne-Sophie Le Bloas, Founder and CEO of Ravacan, experienced in both her native Europe and also in the US, that there wasn't much innovation out there when it came to leveraging digital tools to manage direct materials spend, and set out to remedy this. Is it hard to get conversations with innovators and change agents?
Sources innovation by engaging suppliers in new product/service development. What are the company's goals for growth, cost reduction, sustainability, innovation etc? This makes it easier to resolve problems, drive innovation, and create win-wins. Increases efficiency by standardizing, streamlining, and automating processes.
Logistics Complexity and the Strategic Moves Companies Are Making to Reduce It The last mile is typically the costliest and most complicated leg of a supplychain, accounting for, on average, 53% of overall shipping costs. Visibility in the delivery process gives logistics companies more control over their last-mile operations.
In the context of ecommerce, logistics management refers to the process of planning, implementing, and controlling the flow of goods and services from suppliers to customers. Effective inventory management also includes demandplanning, safety stock management, and order processing optimization.
By understanding these trends and their implications, you can position your organization at the forefront of procurement innovation and capitalize on the ever-evolving opportunities that lie ahead. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supplychain.
With our extensive expertise and innovative approach, we empower organizations to harness the true potential of spend analysis and unlock hidden opportunities for savings, efficiency, and growth. By proactively addressing these risks, organizations can minimize disruptions and ensure a reliable supplychain.
The SupplyChain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supplychains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.
Today I’m joined by supplychainsoftware brand, Manhattan Associates. Manhattan provide more than just supplychainsolutions. As a data scientist, there’s not a better sandbox than supplychain – and especially at Manhattan, given the breadth of solutions we have across the space.”
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