ivalua

FEBRUARY 24, 2021

“The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. Corporate Sustainability: Sawschcuk said that sustainability is an area in which Procurement can make a big impact.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Procurement Tactics

JUNE 5, 2023

For instance, if an organization in Europe sources raw materials from India, manufactures the product in China, and sells it to customers in its country, then its supply chain is global. The use of advanced technologies and logistics strategies is often necessary to manage the complexity and risks associated with a global supply chain.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Spend Matters

SEPTEMBER 26, 2023

Forty years ago, the Harvard Business review published Peter Kraljic’s article ‘ Purchasing Must Become Supply Management ,’ which debuted the supplier segmenting method that we now know as the Kraljic matrix. For this, you really need supply management. You can check to see if the supplier uses forced labor,” Bertrand says.

Purchasing 90

Purchasing Supply management Management Supply Chain Efficiency 90

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

SCMDOJO

JANUARY 30, 2023

During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations.

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 118

ivalua

JULY 22, 2015

Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. This week’s signs deal with supplier relationships. You Have Imbedded a Cost Management Mindset into Every Supplier Relationship.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

SCMDOJO

APRIL 29, 2024

Effective supply chain management is crucial for businesses to gain a competitive edge in today’s global marketplace. By streamlining processes, reducing costs, and improving customer satisfaction, companies can achieve higher profitability and sustainability.

Supply chain management 66

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 66

SupplyShift

JUNE 17, 2021

But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. Often, these sustainability goals center on a company’s internal operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sustainability Supply 52

SupplyShift

JUNE 17, 2021

But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. Often, these sustainability goals center on a company’s internal operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sustainability Supply 52

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. 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

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. 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

JANUARY 19, 2022

Below are some of the best strategic solutions you can consider to maximize your supply chain’s efficiency and performance: 1. Improve Your Supplier Relationships. When it comes to supply chain and logistics , always remember that the supply chain process starts with your suppliers.

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

SupplyShift

DECEMBER 6, 2021

Before we explore the why and how of supply chain mapping, it’s important to establish just what the term means. Of the 308 companies assessed, over half reportedly lack such visibility, leaving them vulnerable to a wide variety of supply chain risks. The concept itself is relatively easy to grasp.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

Before we explore the why and how of supply chain mapping, it’s important to establish just what the term means. Of the 308 companies assessed, over half reportedly lack such visibility, leaving them vulnerable to a wide variety of supply chain risks. Step 1 – Get Your Tier 1 Suppliers On Board.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. When Covid-19 hit, supply chains across the globe nearly came to a halt. Procurement Teams Step-up.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

SCMDOJO

JULY 7, 2023

Late changes to the design of the vehicles, such as the headlights, caused disruptions in the supplier base and necessitated costly tooling changes. These supply chain issues not only delayed production further but also strained relationships with suppliers.

Supply Chain Efficiency 99

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 99

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Supply Chain Game Changer

APRIL 29, 2020

Both the suppliers and shippers will need to monitor market conditions and costs on an ongoing basis as they enter carrier rate negotiations. Consolidating shipments provides greater flexibility in supply chains and regular, ongoing inventory replenishment. In addition, consolidation supports sustainability efforts.

Supply Chain Optimization 69

Supply Chain Optimization Supply Chain Efficiency Export Route optimization 69

Claritum

JULY 5, 2018

I’ve negotiated some preferred supplier contracts, but they struggle to gain adoption. Different business units buy the same product from different suppliers at different prices. True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. ERP Systems.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

Supply Chain Opz

JULY 7, 2014

In order to reduce overall costs, Volkswagen outsources many components from suppliers in India. They don''t invest in production facility at all because they utilize a network of nearly 700 suppliers located in Asia and Europe. 2) Franchising Coca-Cola creates a global supply chain through a franchising model.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

IBM Supply Chain Blog

JUNE 30, 2023

Once hospital systems have real-time inventory visibility, order orchestration and supplier collaboration, they can enable greater customer satisfaction with options like online purchase with store pickup. ​ Step 3: Increase traceability Along the supply chain, actionable real-time data is often unavailable, lacking or siloed.

Supply Chain Efficiency 86

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 86

ivalua

JANUARY 24, 2022

During this session, the panel answered questions surrounding data as a driver of sustainable value, continuity, and transparency and how data can fuel digital transformation. . Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4. Automated alerts help you track supplier performance and analysis.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

SupplyShift

DECEMBER 18, 2018

As you enjoy your favorite holiday drinks this season, it should warm more than your belly to know that the coffee industry as a whole — including major players like Starbucks, McDonald’s, and Dunkin’ Donuts — is making good on an ambitious commitment to make coffee the world’s first sustainable agricultural product. The C.A.F.E.

Supply chain 52

Supply chain Sustainability Supply Supply Chain Visibility 52

Procurement Insights

AUGUST 30, 2023

Segment 7 – Enabling Technology: The Emergence of the Metaprise Enabling Technology Technology is the key in the supply chain organization of the future. The right technology will enable enterprise-wide supply management, external supply chain visibility, and internal and external collaboration.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

SupplyShift

DECEMBER 18, 2018

As you enjoy your favorite holiday drinks this season, it should warm more than your belly to know that the coffee industry as a whole — including major players like Starbucks, McDonald’s, and Dunkin’ Donuts — is making good on an ambitious commitment to make coffee the world’s first sustainable agricultural product. The C.A.F.E.

Supply chain 40

Supply chain Sustainability Supply Supply Chain Visibility 40

SupplyShift

JUNE 19, 2019

Or is blockchain still an experiment relegated mainly to the process of tracking products from the source through known supply chains, without much to offer companies looking to comprehensively evaluate environmental and social risks within the supply chain? Why is that important?

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

SupplyShift

JUNE 19, 2019

Or is blockchain still an experiment relegated mainly to the process of tracking products from the source through known supply chains, without much to offer companies looking to comprehensively evaluate environmental and social risks within the supply chain? Why is that important?

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Why is supply chain resiliency important? Supply chains are the backbone for the global economy. They have also grown increasingly complex and now are comprised of hundreds of suppliers, service providers and production and distribution centers spread across the globe. Break down silos.

Supply chain resilience 52

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

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 32

Purchasing Supply Chain Efficiency Sourcing Suppliers 32

Una

OCTOBER 17, 2023

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. These group purchasing organizations often have contracts with a wide range of suppliers, and they offer their member businesses access to these contracts at discounted rates.

supply chain budgeting 81

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

Supply Chain Brain

MAY 21, 2018

Chief executive officer Leonardo Bonanni was instrumental in designing the latest version of the Higg Index , a tool for allowing brands, retailers and manufacturers to assess their sustainability performance. In the past, it has been cobbled together from government licensing groups and brands’ supplier rosters.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain software solutions Supply chain Data 40