The first and most obvious reason most people want to analyze spend is to find savings opportunities; figure out how to spend less and spend more wisely.
A newly-launched performance study from The Hackett Group Inc. is designed to help procurement organizations improve how they enable their companies' growth, in revenue and other areas. The open performance study should assist procurement leaders move beyond cost savings, and better understand the progress and strategies used in all facets of growth.
The Supply Chain Risk Leadership Council was formed around 2005 by Cisco Systems Inc. It was created to bring together risk-management experts who could share best practices and bring process standardization to the way in which risks are identified in the global supply chain, according to John J. Brown, director of risk management with The Coca-Cola Co.
Chainalytics LLC, a provider of supply-chain intelligence, analytics and advisory services, has introduced Integrated Freight Market Intelligence (iFMI).
Zepol Corp. has introduced a pair of enhancements to its flagship trade-intelligence tool, TradeIQ. The changes make it easier to search for and extract precise trade data for U.S. importers and shippers, and to notify parties.
With sales of roughly half a billion dollars, Dorman Products is one of the world's leading manufacturers of automotive parts for the aftermarket, selling more than 100,000 distinct products. The company has experienced sharp growth over the past four years, says director of corporate forecasting Donald H. Mitchell. Recently, it saw the need to transform its demand-planning process, in order to create "a more transparent environment."
The TrueCommerce EDI [Electronic Data Interchange] Solutions Group of HighJump Software Inc. has developed an enhanced version of its EDI-based tool for users of the Sage 100 enterprise resource planning (ERP) application.
Livingston International has completed the acquisition of the customs and trade-compliance services of the Global Trade business of JPMorgan Chase Bank, N.A.