Procurement Academy

FEBRUARY 22, 2024

Berkshire (UK) & New York (USA) 22 nd February 2024 – Skill Dynamics Moves to Strengthen its Position in Corporate eLearning with the Acquisition of Content Enablers Skill Dynamics, a provider of high-impact, role-based, specialized supply chain and procurement training has acquired Content Enablers, a company renowned for compliance training.

Buyer Training 59

Buyer Training Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 59

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. There must be a clearly defined data source with a standardized process for collecting and measuring that data. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

GlobalTranz

JANUARY 19, 2015

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. than simple cost comparisons.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Boost Long-term Supplier Relationships.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 97

SYSPRO Smarter ERP

SEPTEMBER 27, 2022

The modern digital workplace calls for a variety of skills including cloud infrastructure, cybersecurity, integration, business intelligence and analytics. In the drive to digital transformation, manufacturers are relying more and more on digital solutions such as ERP to increase visibility and transparency across the supply chain.

Manufacturing Procurement 111

Manufacturing Procurement Buyer Training Meeting Manufacturing 111

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

RFgen

AUGUST 7, 2024

The manufacturing processes behind aerospace components and systems are highly intricate, demanding precision, innovation, and robust quality controls. This piece examines the hidden mechanics of aerospace manufacturing, shedding light on the methods and materials used to produce aircraft and spacecraft.

Aerospace 85

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 85

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions. is likely to reach 2.1

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Procurement Academy

JUNE 26, 2024

Finding skilled professionals to manage complex marketplace networks is a challenge Skill Dynamics often see in businesses we speak to. Because of this, the demand for skilled supply chain professionals is skyrocketing. The global supply chain management market size is projected to hit around USD 72.1 billion by 2032.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Buyer Training 52

SYSPRO Smarter ERP

JULY 14, 2022

For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Building manufacturing opportunities from the ground up. In 2019, China accounted for 28.7

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Software Agile and Lean Supply Chain Manufacturing 116

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Disruptions cause supply chain uncertainty Original Equipment Manufacturers (OEMs) in Asia continue to see strong demand for trade supply. For instance, sourcing of raw materials for battery manufacturing may become the next great supply problem as automakers bet big on electrification in 2023.

Supply Chain Software 130

Supply Chain Software Modeling Software Demand Planning Software Sustainability 130

SCMDOJO

JUNE 28, 2024

The growing number of women in supply chain roles is a testament to their skills, expertise, and determination. Growing Demand and Career Advancement: Thriving Industry: The supply chain is a dynamic and rapidly growing field with increasing demand for skilled professionals.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

Precoro

JULY 15, 2024

In the past, CPOs were mainly responsible for negotiating contracts with suppliers and overseeing purchasing operations, but today, the CPO contributes to developing a company’s long-term business strategy, often using new technologies that have emerged to facilitate procurement projects.

Negotiating Skills 89

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 89

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

SCMDOJO

OCTOBER 30, 2024

As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

Supply Chain Planning Software 92

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 92

BlueYonder

NOVEMBER 16, 2023

Omni-channel has been firmly positioned as the new industry standard, forcing wholesale distributors and manufacturers to release the brakes and embrace digital transformation to stay relevant. Those who get it right are improving their market share by up to 10% a year.

Manufacturing Procurement 91

Manufacturing Procurement Distribution Logistics Network Optimization Software Optimal Sourcing 91

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Your manufacturer is the backbone of your company; it regulates your inventory, which determines how consumers perceive and communicate with you. Sourcing agents are an effective way of finding the most suitable supplier.

Manufacturing Procurement 53

Manufacturing Procurement Sourcing Strategies Sourcing Negotiating Skills 53

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In fact, today several leading halal production standards (like the Indonesian and Malaysian halal standards) are already requiring a segregation between halal and non-halal in transport and storage for halal certified manufacturers. According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

SYSPRO Smarter ERP

MARCH 28, 2024

It’s also about using the right tools, platforms, and skills to unlock maximum value. Increasingly, businesses need to hire and train analysts and data scientists. But even with the right skills, without the tools they will not be able to unlock value. To achieve this, training that is focused on data literacy is important.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimization Software Data 52

Supply Chain Game Changer

APRIL 25, 2022

Is your manufacturing business not operating to the levels you’re expecting? As a manufacturing company, how will you ensure you attain efficiency? As a manufacturing company, how will you ensure you attain efficiency? This post will discuss tips you can adopt to attain manufacturing business efficiency.

Sourcing Strategies 106

Sourcing Strategies Manufacturing Procurement Waste Reduction Manufacturing 106

OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. This blog post will explore the intersection of additive manufacturing and ERP. This blog post will explore the intersection of additive manufacturing and ERP.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Supply Chain Shaman

SEPTEMBER 30, 2022

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. Ironically, supply chains are big data problems where the buyers have little understanding of the new technology approaches. This is even though the penguins are starving and the only food source is in the water.

Manufacturing Procurement 221

Manufacturing Procurement Supply Chain Software Buyer Training Analytics Software 221

EC Sourcing Group

JANUARY 11, 2021

In the entire supply chain, you, as a company, want to be able to deliver a final product to a buyer. Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. The Role of Reverse Auctions in Strategic Sourcing: What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 189

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 63

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 63

Jaggaer

OCTOBER 24, 2024

Moreover, driving suppliers to the brink of financial instability can lead to supply disruptions, ultimately increasing costs as buyers scramble to find alternative sources. By consolidating orders from various departments or facilities, companies can leverage economies of scale, thereby negotiating better pricing from suppliers.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

OptiProERP

DECEMBER 18, 2023

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. Negotiate price and terms Once you get suppliers’ quotes, examine them and negotiate wherever possible.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

Supply Chain Matters

FEBRUARY 12, 2024

Such activism was demonstrated in labor contract negotiations, more aggressive tactics on the part of labor unions, and in actual strike actions. Manufacturing Employment Impacts Across Europe and the United Kingdom , a significant period of production contraction has led to added manufacturing job losses.

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

Jaggaer

OCTOBER 24, 2024

Your goal might be to transition from purely traditional buyer-supplier business arrangements, fine-tune strong supplier relationships that yield average results, or something in between. These may also emerge during contract negotiations and any supplier development programs, resulting in more favorable terms with more reliable suppliers.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Prescriptive Analytics Software Supply Chain Design Software 52

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Now, many organizations are looking to reverse this transition and re-shore or near-shore their sourcing and/or manufacturing. What’s the cost?

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Procurement Academy

JUNE 7, 2022

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Now, many organizations are looking to reverse this transition and re-shore or near-shore their sourcing and/or manufacturing. What’s the cost?

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 52

Logistics Bureau

APRIL 20, 2020

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. But global dependence on Chinese manufacturing is mind-boggling…. Alternative Manufacturing Hubs: Asia’s Promise. Labour lacking skills in high-tech manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies China Material Savings 52

QAD

AUGUST 27, 2024

“People should stop training radiologists now. At QAD, we help manufacturers and supply chains avoid this disconnect by focusing on the job to be done and deploying AI when it makes sense. Models also tend to exhibit biases, coming from the source: the data. Yet, radiologists have not been replaced.

Buyer Training 97

Buyer Training Modeling Software Sourcing Strategies Modeling 97

Logistics Viewpoints

MAY 28, 2024

In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. Retention strategies are also changing to keep workers.

Supply Chain Software 260

Supply Chain Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software 260