article thumbnail

2024 Supply Chain Predictions – Relative Stability and a Migration to the Mean

Logistics Viewpoints

Here are some data that support my view. However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. The rapid changes can be concerning but looking at data over the last 5 to 7 years shows that we are reverting back to “normal” patterns.

article thumbnail

The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

Alex Zhong, Director Product Marketing at GEP. GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How is the Logistics Economy Holding Up?

Logistics Viewpoints

The World Trade Organization publishes lots of insightful data on global trade – including trade indexes. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added. The HCOB Germany PMI , which registered 39.6

article thumbnail

Why Supply Chain Convergence is Critical to Greater Agility and Resilience

Logistics Viewpoints

Amid this perfect storm of disruption, GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Control towers.

article thumbnail

GEP Procurement & Supply Chain Tech Trends Report

2024 GEP Procurement & Supply Chain Tech Trends Report — explores the biggest technological trends in procurement and supply chain, from generative AI and the advancement of low-code development tools to the data management and analytics applications that unlock agility, cost efficiency, and informed decision-making.

article thumbnail

Title: 5 Best Practices to Overcome Scope 3 Emission Reduction Challenges

Logistics Viewpoints

Organizations that embark on Scope 3 emissions-reduction initiatives in their value chain encounter a number of hurdles; the challenge lies in having the right information at the right time and knowing what to do with it, as well as needing to rely on and work closely with external parties to gather Scope 3 data.

article thumbnail

Essential Technology Capabilities for Supply Chain in 2023

Logistics Viewpoints

However, many issues limited the potential of supply chain and procurement practices to source effectively: Lack of visibility to key data such as supplier risk and performance, forward pricing, market index impacts, demand fluctuations, available supply, and supply constraints in the market. 2] ibid.

article thumbnail

5 Data Roadblocks to Overcome in the Journey to Net-Zero Emissions

This GEP-sponsored Supply Management Insider guide breaks down the data barriers to meeting sustainability goals. CPOs are now being measured on sustainability targets. How can they meet this new challenge?

article thumbnail

Leveraging Data Analytics to Build a Truly Connected and Collaborative Supply Chain

This GEP-sponsored report will show you how to leverage data for a collaborative supply chain that delivers results and how to future-proof supply chain management strategies. The C-suite is laser-focused on supply chain performance.

article thumbnail

The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.

article thumbnail

How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

In "How to Avoid the Pitfalls of Contract Management in Telecom and High-Tech," GEP experts outline a four-pronged approach to getting contract management under control once and for all.

article thumbnail

How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.