Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement Solutions 87

Procurement Solutions Procurement Purchasing Training Negotiating Skills 87

EC Sourcing Group

APRIL 26, 2022

The eTendering process is an integral part of procurement and the overall supply chain. eTendering, also known as eSourcing , is simply the act of conducting procurement online—namely, receiving and sending tenders using an online platform, like tender process software. Tangible benefits include: Reduced cost of purchases.

Optimal Sourcing 52

Optimal Sourcing Material Savings Cost Reduction Strategies Procurement Solutions 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Logistics Viewpoints

MARCH 1, 2021

Once the analysis was done for Year One set up, Year Two was pretty much the same. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We The solution considers projected demand and service level goals.

Modeling 181

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 181

QAD

JUNE 29, 2023

Because designing quality from the start requires a combination of the right employees using the proper tools and processes in a corporate environment that teaches, expects and fosters investment in the upfront design process. Increases effectiveness of the risk analysis — your team is freed up to focus on finding yet-undiscovered risks.

Price Reduction 92

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 92

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. There are a number of free sources to do this like 123test.

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Of course, it’s impossible to expect that every company would work within the exact same framework of understanding and messaging, but the lack of being able to communicate can sometimes be the difference between success and failure.

Procurement Solutions 50

Procurement Solutions Procurement Purchasing Training Negotiating Skills 50

The Logistics & Supply Chain Management Society

MARCH 22, 2022

One Network’s NEO Platform handles supply chain forecasting, sourcing, planning and execution (with routing and logistics optimization) for what may be the largest supply chain control tower deployment in the world. So once an exception is spotted, it can be resolved and a solution implemented immediately in the same platform.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

Unleashed

DECEMBER 14, 2021

Whether you’re planning on purchasing products from a food wholesaler, or thinking about moving into food wholesaling yourself, this overview of the industry – and what its future holds – is for you. They buy in bulk from the original source of the produce – such as the farmer or markets – and can often negotiate discounted pricing.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Supply Chain Game Changer

JUNE 10, 2020

Side Note: we’re talking about pre- or post- COVID 19 of course). Deciding to eat at Luigi’s Italian Market, and negotiating billion-dollar contracts aren’t really in the same league of purchasing decisions. Utilizing improvised solutions is still the norm in many procurement organizations. Think I’m full of bologna?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Supply Chain Game Changer

DECEMBER 9, 2020

The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. The company’s fast and simple PIM software gets sellers, distributors and brands to market in weeks instead of months. And, of course, inventory.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Traditional manual approaches and one-size-fits-all tech solutions fall short, offering scant assistance. The solution? All of this at the best price.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

EC Sourcing Group

APRIL 6, 2021

Your Guide to Spend Analysis and Opportunity Assessments. There are many reasons you want to run spend analysis reports , and at the end of the day, you want to improve your overall spend management and return on procurement investment or ROI. Spend Analysis and Opportunity Assessments : What Is the Spend Analysis Process?

Analysis 52

Analysis Procurement Solutions Optimal Sourcing Procurement Analytics 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Supply Chain Game Changer

FEBRUARY 16, 2022

Whether you are a large or small business, sales tools are available from B2B to B2C, which you can use successfully if you have a LinkedIn profile. If you have completed an additional course, it would be desirable to write it, as well as work experience and your talent. How to make a good marketing plan using LinkedIn?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 96

EazyStock

DECEMBER 17, 2019

Green supply chain management practices can be included in every link of the supply chain from material sourcing and selection, product design, manufacturing processes, product delivery, and even product disposal after the product’s useful life. For example, governments are opening access to export tools and guidance.

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Trends 81

Supply Chain Game Changer

SEPTEMBER 5, 2019

Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? A gang of procurement and sourcing professionals with our backs up against the wall, and the fight is at our front door. The only solution in sight is a united effort. So here we are.

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

ivalua

MAY 31, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Procurement Solutions 246

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 246

Silvon Software

APRIL 18, 2023

Can we get the right resources needed to collect data for analysis before it’s too old? Procurement knows how long it takes to process a purchase order. How do we get buy-in around the organization? How can we overcome the resistance to systemic measurement? Consider the following: The CFO knows earnings per share and EBIDTA.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Enterra Insights

NOVEMBER 22, 2022

”[4] She adds, “Curbside pickup, BOPIS and other ‘omnichannel’ approaches meant to make shopping seamless no matter the point of purchase — in-store, by phone, app or desktop — were already gaining traction before the coronavirus crisis took hold in early 2020. The source of that unpaid labor? Footnotes. [1]

Omnichannel 130

Omnichannel Purchasing Skills Agile and Lean Supply Chain Procurement Analytics 130

Supply Chain Opz

OCTOBER 5, 2016

Understand online consumer behavior via Think With Google Google has provided lots of data for you to understand what, when, why and how customers make online purchase via the interactive data. Find more supply chain case studies via MIT Dspace Case study analysis can be useful for both college students and supply chain practitioners.

Resource Reduction 124

Resource Reduction Resources Supply Chain Planning Software Supply Chain Software 124

Precoro

FEBRUARY 27, 2023

The answer is simple: spend analysis. After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. What Is the Spend Analysis Process? What Is the Spend Analysis Process?

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 80

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 80

ivalua

APRIL 26, 2019

And the challenges of today won’t be solved by yesterdays solutions – we have to be inventive, find new ways, be creative”. That offering has built in best practices but is also a solution that “grows with you”. Industry-focused solutions are coming soon too – manufacturing in May, financial services and healthcare Q3.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Solutions Supply Chain Network Software Purchasing Skills 150

Procurement Academy

MARCH 12, 2024

Today’s competitive business landscape demands cost optimization tools that significantly move the needle. In response to these challenges, Skill Dynamics is proud to introduce the Future Skills course for Cost Optimization. To take a look at our new interactive eLearning format for one of our Future Skills courses, view here.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Taulia

NOVEMBER 14, 2021

Supplier risk management has been a major issue for procurement departments for years as these risks can severely limit operations. A further risk may be that the supplier goes out of business, resulting in difficulty sourcing a particular component, perhaps due to it being particularly specialized. Analysis can only go so far.

Vendor Strategies 98

Vendor Strategies Sourcing Strategies Resource Reduction Supply Chain Planning Software 98

Supply Chain Shaman

SEPTEMBER 10, 2020

Over the course of three decades, companies invested in enterprise systems to improve functional efficiency. Demand latency is the time from channel purchase to order receipt.) While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. Rising Complexity.

Supply Chain Planning Software 421

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 421

o9 Solutions

MAY 26, 2021

By Vikram Murthi and Dr. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

By Vikram Murthi and Dr. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52