ivalua

FEBRUARY 27, 2023

Manufacturers have unique insight into the state of global inflation – they’re often hit earlier and harder than other industries by increasing overhead costs, from raw materials prices to wages. Consequently, staying on top of these financial trends gives manufacturers a critical edge in predicting their bottom line.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Procurement Tactics

NOVEMBER 14, 2022

It encompasses everything from acquiring the raw materials you need to make the product to delivering that product to your customers. . Ultimate Supplier Plotting Checklist 2022. As a procurement manager, I pushed the supply chain team to always be in the lead of supplier escalation in case our standards were not met.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

IBM Supply Chain Blog

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

Procurement Tactics

JUNE 19, 2023

Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Arkestro

MAY 16, 2022

Using a huge range of raw materials for production, companies in this industry supply chemicals to virtually every sector. Shipments are global, and so are the sources of raw materials. Some raw materials are in short supply. Purchased 35,000 different raw materials.

Raw materials 52

Raw materials Procurement Real-time Visibility supply chain software solutions 52

Procurement Tactics

JUNE 8, 2023

What is Inventory Management? Inventory management refers to the process of handling a company’s inventory, which includes raw materials, parts, and finished products. Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 74

IBM Supply Chain Blog

MARCH 16, 2023

For example, certified organic cotton apparel outputs far exceed supplies of raw material, suggesting that most clothes labelled as such are in fact, just regular cotton. These incentives will require traceability and visibility to understand whether they are being faithfully executed.

Supply Chain Efficiency 57

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 57

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. For example, the peaks in demand during the pandemic exposed many organizations to delays, resulting in shortages of critical materials like PPE and ventilators. Supply Chain Visibility. Geographic Market Shifts.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Customer Lead Time (Service). OTIF (Service).

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

SCMDOJO

OCTOBER 14, 2023

It comprises all elements from the origin (the raw material) to the consumption networks (end users). Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Empowering CPO

JUNE 26, 2023

By embracing these trends, businesses can unlock a world of opportunities, drive cost savings, enhance supplier relationships, and ultimately achieve procurement excellence. Procurement data encompasses a wide range of information, including historical spend, transaction details, contracts, supplier information, and market intelligence.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 75

EazyStock

JANUARY 6, 2023

As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

EazyStock

JANUARY 6, 2023

As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order. Increased supply chain visibility.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

MAY 23, 2022

A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. These actors include customers, suppliers, distributors, sales, and support teams. With reduced duplication of effort and time-saving, knowledge is more effectively utilized.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Supply Chain Game Changer

NOVEMBER 2, 2022

You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. In fact, 89% of businesses encountered a supplier risk event in the last five years. Nearly 36% of small businesses confirmed delays with domestic suppliers in the most recent U.S. Automotive. Conclusion.

Risk management 96

Risk management supply chain software solutions Risk Management 96

Skill Dynamics

OCTOBER 19, 2023

Sourcing managers play a vital role in a business’s procurement process by identifying, evaluating, and selecting suppliers. Effective role-based training for sourcing managers therefore includes training that sharpens their strategic thinking, supplier assessment, and market analysis skills.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52

Procurement Software

MARCH 11, 2022

Procurement tools will plug those leaky holes in your spend with external suppliers. Utilising technology to assist with and drive a supplier performance management process that uses subjective feedback from stakeholders alongside hard KPIs. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Procurement tools will plug those leaky holes in your spend with external suppliers. Utilising technology to assist with and drive a supplier performance management process that uses subjective feedback from stakeholders alongside hard KPIs. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

IBM Supply Chain Blog

NOVEMBER 3, 2022

If you haven’t been thinking about these questions, the time to start is now. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

Supply Chain Efficiency 115

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 115

SCMDOJO

JULY 24, 2023

They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. 2) It will identify potential loss points and strengthen supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. 2) It will identify potential loss points and strengthen supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

Una

APRIL 11, 2023

All the company’s departments and divisions link to the ERP and can track a myriad of business resources including spending, purchasing, raw materials, production capacity, and inventory. Better decision-making: ERP systems can provide real-time data and analytics, enabling managers to make better-informed decisions.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

SCMDOJO

MARCH 15, 2023

For instance, manufacturers can use ChatGPT to manage inventory levels by getting real-time insights into supply and demand patterns. They can also use ChatGPT to communicate with their suppliers and logistics partners to coordinate the delivery of raw materials and finished goods.

Supply Chain Optimization 126

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

Empowering CPO

JUNE 30, 2023

Our offerings range from spend analysis and supplier management to strategic sourcing and contract lifecycle management, each tailored to the unique needs and objectives of our clients. It can result in stock-outs or overstock, poor quality control, and longer lead times. Let’s break it down.

Supply Chain Optimization 52

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

Arkestro

MAY 23, 2022

Last November, the lineup of container ships anchored off the coast of California hit 109, an all-time high. In 2021, lumber smashed all-time record prices, and home improvement stores were often sold out. The same holds true for shortages in raw materials. was short 80,000 truck drivers.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply chain Real-time Visibility Supply 52

Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. Getting Started with Environmental, Social and Governance Practices ESG leadership begins with the top but it can’t stay there if you want to make a real impact. Cristian Maradiaga. King Ocean. Book a Live Demo. That’s where procurement’s role becomes so crucial.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Claritum

MAY 11, 2018

These include access to cheap raw materials and products, tax breaks and reduced labour costs. Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Supply Chain Game Changer

MAY 5, 2020

The pandemic has made this a very real concern for everyone. What are some cash management tips to help businesses manage their cash flow at this critical time? We had to make an immediate decision: pay our employees or pay our suppliers; we didn’t have enough cash to do both in the short term. Cash is King !

Management 85

Management Real-time Visibility Raw materials Inventory 85

Arkestro

AUGUST 15, 2022

With growing pressure on businesses worldwide, developing an effective ESG strategy for your organization ensures that all transactions with suppliers are conducted in a way that aligns with these principles. Executing an ESG strategy effectively can help your company combat the ever-rising operating expenses including raw material costs.

Strategy 52

Strategy Real-time Visibility Supply Chain Efficiency Suppliers 52

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Dropshipping Suppliers — Pricing & Reviews The US dropshipping market reached an estimated amount of $15.64 Top 10 US Dropshipping Suppliers Study Procurement Study Negotiations 1.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Supply Chain Game Changer

NOVEMBER 13, 2018

They seemed rather administrative at the time and took away valued time to work on more pressing matters. As a company you may be disrupted in your ability to get your raw materials delivered, your goods processed, or your products shipped to your customers. Proactive, Real Time Visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain e2e Real-time Visibility 52

Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Financial Risks Risks in this category range from an unexpected change in the exchange rate to supplier bankruptcy.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52