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At Ivalua, we help global enterprises modernize their sourcing strategy through greater visibility, data-driven decision-making and agile, connected processes. Sourcing teams can identify cost-saving opportunities in contracts, logistics, and supplier consolidation, especially in volatile markets.
The third assumption was that the logistics infrastructure would always be available. But during Covid, and other constraints like the Suez Canal closure, we saw what happens when suddenly logistics are not there when needed. We need to rewrite these systems and introduce new taxonomies to manage hyper-variability.
Supply chain disruptions whether from geopolitical shifts, weather events or logistical breakdowns are nearly impossible for humans to predict alone. One of the biggest challenges in this sector is maintaining end-to-endvisibility in the supply chain, and AI is proving to be a game-changer.
As a former COO, overseeing Kaizen events, value-stream mapping analysis , upgrading ERP systems, and implementing customer success programs, I recall how easy it was for functional leaders to get bogged down in their own imperatives and lose sight of the big picture. The Supply Chain Renaissance Has Begun! Today it’s a different story.
A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.
Disconnected supplier records, inconsistent processes, and limited visibility can impair efficiency and open the door to shadow spend. By automating and connecting key procurement steps, ERP systems reduce manual effort, improve compliance, and ensure real-time visibility into spend. The issue extends into spend visibility as well.
The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. That means negotiating a medium to long-term contract to support security of supply and having a contingency plan in place in the event of problems.
Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. times higher than operational emissions, according to data from the U.S. You can unsubscribe at anytime.
AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. We aim to improve supplier onboarding, ensure regulatory compliance (e.g.,
This kind of end-to-end tariff strategy demands visibility, coordination and scenario planning, which are capabilities that traditional procurement tools often lack. Supply chain visibility: The linchpin for tariff management If there is one lesson from recent disruptions, it is this: you cannot mitigate what you cannot see.
ANSWER #1 AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.
Conversely, sub-par supply chain visibility can result in order delays and negatively impact the customer experience. Some of these include: Lack of visibility: One of the biggest challenges in eCommerce supply chain management is a lack of end-to-endvisibility. A fitting, real-world example of this is Y.
Collaborative efforts can also identify cost-saving opportunities, such as bulk purchasing or optimized logistics, resulting in overall cost reductions for both parties. By collaborating on risk management, both businesses and suppliers can build a more resilient supply chain and avoid costly disruptions caused by unforeseen events.
Ensuring End-to-EndVisibility in the Supply Chain In the realm of enhancing supply chain security, it is indeed crucial to implement real-time tracking systems that provide visibility into the entire supply chain. This includes: Implementing end-to-end encryption to secure data in transit and at rest.
It includes strategy, planning, end to end operational management from suppliers through to internal operations through to end customers. The scheduling, logistics, workforce management, materials management, and processes involved are all quintessential “Supply Chain” processes.
Metaprise Model In Practice : Hansen advocates for treating procurement not as a siloed department but as a collaborative “enterprise web” that spans multiple interconnected nodes (finance, ESG, logistics, compliance). supply chain bottlenecks) while maintaining enterprise-wide visibility.
Supply chain processes include procurement from source to pay, together with inbound logistics, production, quality control, outbound logistics and post-sales service. This recognizes the interconnected nature of procurement, production, logistics, and distribution. A supply chain is thus a complex sequence of operations.
Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Dairy is the fourth-largest contributor to the candy maker’s carbon footprint, Mars reported in February.
Breaks down data silos, enabling holistic visibility and collaboration. Strategic Impact: End-to-End Transformation vs. Tactical Efficiency Metaprise : Transforms procurement into a strategic, revenue-driving function by aligning sourcing, risk management, and supplier innovation across the ecosystem.
VS America wanted to formulate a supply chain strategy for right-sizing its distribution footprint and improving the end-to-end flow of products from its manufacturing plants to its end customers. It works to foster supply chain strategy, with end-to-end support during implementation and execution.
Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Courtesy of Royal Canin Listen to the article 3 min This audio is auto-generated.
Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime.
Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. You can unsubscribe at anytime. Sign up A valid email address is required. By Edwin Lopez • Jan.
Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. delivery capabilities originate from its acquisition of Visible Supply Chain Management in 2021. You can unsubscribe at anytime.
How to create end-to-end supply chain visibility? How to improve logistics efficiency and achieve reliable delivery? The reinvention of chemical supply chain still faces many challenges: How to build a green supply chain across the entire life cycle?
Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility 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 supply chain visibility.
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 supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?
Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events. The powerful concept of Supply Chain Visibility lies at the core of resilience.
Though it is an added stressor at this precarious moment, the time will never be more appropriate to take action toward improving enterprise logistics processes. Here are five ways shippers can protect logistics operations during the pandemic and promote improvement that lasts well into the recovery and beyond.
Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. So how does logistics management software prepare shippers to accommodate any business environment – even those that materialize in the wake of unexpected events?
So why is it that the Supply Chain in so many companies is being run without the end to endvisibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.
Visibility. Visibility into other key inventory (e.g., safety equipment, parts for trucks, and raw materials for infrastructure), weather events, customer demand levels, and logistics can help prevent disruption in operations, too. Visibility into other key inventory (e.g.,
In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. And we know that numbers don’t lie.
Guest Bio: Nachi Mendelow leads the CargoWise Business Development team in Africa and assists companies to digitize their logistical supply chains and harness the power of human potential through effective use of software. Mohan is dedicated to helping clients optimize their business for continuous improvement.
Note: This is the latest installment in a series of posts where I discuss the current landscape for logistics service providers (LSPs). But what I’m going to discuss today is very real and the most advanced logistics providers can deliver them today. Sogol/Flickr.
It’s a good time to reflect on recent global events and what this should mean for the future. Supply Chain and it’s importance is more visible than at any time in history. If we just go back to the “Just-in-Time” model as it was, some future disruptive event will again rupture this Supply Chain.
Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events. A Goldmine of Information. “As
Today I’m joined by GateHouse Maritime , a market-leading ocean tech brand that is using its expertise and deep industry knowledge to make ocean visibility simple. GateHouse Maritime delivers next-generation data insights for end-to-end ocean visibility. What’s important is that you try to plan better!
Once we get past this pandemic there will be many lessons learned and people will be looking for how to strengthen Supply Chains to withstand any future such events. While you still need people to load and unload trailers the number of people exposed to and touching logistics can be reduced. How can we support both of these needs?
So why is it that the Supply Chain in so many companies is being run without the end to endvisibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.
Today I’m joined by Enveyo , an innovative logistics software brand that wants to optimize every aspect of a business’s shipping operations, with solutions that leverage enterprise-level technology and big data experience to empower organizations to make business-transforming shipping decisions. This episode was filmed at Manifest 2023.
With the advent of 2021, AI unveils new avenues for revolutionizing SCM across automation, planning, logistics, inventory, fleet & freight. From automating processes, generating higher visibility to garnering real-time insights, AI has become a tool that supply chain leaders can’t just ignore.
Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Share best practice on the effective management of uncertainties such as the Covid-19 pandemic and the Ukraine-Russia crisis.
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