Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. Buyer / Procurement Department KPI s. The Basics of Procurement KPIs. Learn More About Performance KPIs: Get Silvon’s Guide.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Opz

SEPTEMBER 1, 2018

Do you need to improve negotiation skills but don't know how to start? In this article, we compare 2 books and tell you which one is the best negotiation book. Do You Need Negotiation Book? In our opinion, there are 2 major negotiation strategies, namely, the law school approach and the psychological school approach.

Negotiating Skills 100

Negotiating Skills Purchasing Skills Buyer Training Six Sigma 100

ivalua

SEPTEMBER 10, 2019

Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress. This metric closely aligns with digital transformation progress. This metric also impacts others like speed, visibility, and cost savings. . #2

Metrics 140

Metrics Negotiate Pricing Supply Chain Software Benchmarking 140

Procurement Academy

OCTOBER 2, 2023

In this environment, making the decision to properly invest in training that is timely, specialized, and high-quality can make or break an organization’s ability to stay ahead of the curve in shifting industry landscapes. Finding the right training academy that can deliver effective, accredited training is a significant challenge.

Buyer Training 52

Buyer Training Price Mitigation Strategies Training Supply Chain Planning Software 52

GlobalTranz

JUNE 15, 2017

In this article, I propose to have a look at several logistic skills that, besides the specific knowledge in this area, will help to maximize the logistics effectiveness. The constant augmentation of company’s processes is one of the vital skills of business logistics management. Integrity, in general, means fairness.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

ToolsGroup

MAY 21, 2024

Providing Training and Resources : Equip employees with the necessary skills and tools to succeed in a decision-centric environment. This might include training sessions, workshops, and access to advanced decision-making technologies. Ensure that every team member understands the “why” behind the change.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Planning Resource Reduction 156

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

Logistics Viewpoints

OCTOBER 23, 2024

This integration includes tracking individual components and collecting data on environmental impact, including sustainability metrics such as carbon footprint and recyclability. These practices focus on collaboration, training, data management, and continuous optimization to ensure the DPP system is effectively integrated and maintained.

Resource Reduction 243

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 243

Procurement Academy

MARCH 14, 2024

With countless options available in the market, it’s crucial to find a solution that aligns with your organizational objectives and addresses your specific skill gaps. Additionally, explore partnerships or collaborations with external training providers to leverage their expertise and access a broader range of learning resources.

Buyer Training 96

Buyer Training Material Savings Resource Reduction Price Mitigation Strategies 96

Procurement Academy

JULY 18, 2024

Or finding skills shortages amongst staff as key talent leaves? This boost in team morale will keep turnover rates low and reduce your recruitment and training costs. High morale is also likely to increase productivity, improving your business metrics and leading to more profit. Are you struggling to keep a consistent team?

Optimal Sourcing 52

Optimal Sourcing Buyer Training Price Mitigation Strategies Purchasing Training 52

Kinaxis

OCTOBER 28, 2015

My topic was: Positioning Your Skills for the Future Needs of Supply Chain Management , and in this 21 st Century Supply Chain guest blog, I wanted to share some of my key messages to this audience as well, since this is a topic frequently brought up. In October, I had the opportunity to speak at the APICS 2015 conference.

Buyer Training 100

Buyer Training Supply Chain Planning Software Supply Chain Software Supply Chain Planning 100

QAD

JULY 25, 2024

Her book, which topped Amazon’s bestseller list in the leadership category, encourages automotive leaders to shift their focus from mere metrics to fostering cultures that embrace change and innovation. The ability of leaders to secure technology stakeholder buy-in, and their ability to provide adequate training, is critical.

Purchasing Training 97

Purchasing Training Supply Chain Software Negotiating Skills Buyer Training 97

Precoro

JULY 16, 2023

The American Purchasing Society , an association of buyers and purchasing managers, has established its own code of ethics and requirements for purchasing professionals to follow if they want to get certified.

Pricing Training 72

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 72

Logistics Viewpoints

AUGUST 7, 2023

It was an IT-led implementation where a planning model was developed, the solution implemented, and then planners – who had not been sufficiently prepared and trained – were expected to use a system significantly different from the legacy systems they were familiar with. Implementing supply planning solutions is hard. Count them!

Supply Chain Planning Software 189

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

Logistics Viewpoints

FEBRUARY 29, 2024

But the good news came with a price: the company said it will spend roughly $2B restructuring “8,000 jobs to either retrain employees with AI skills or to replace them through voluntary redundancy programs.” Take onboarding and training new employees. Metrics are critical as well.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 271

The Logistics of Logistics

AUGUST 17, 2022

Lean ensures that your satellite office is staffed with highly educated, English-speaking professionals trained in your company’s processes and systems. She joined symtrain in 2021 and is excited to help businesses grow their people, impact, and bottom line through digitized role-play training and coaching. About Melanie Flores .

Logistics Network Optimization Software 193

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 193

HICX Solutions

SEPTEMBER 20, 2022

The buyer-supplier relationship dynamic. Procurement Insights’ Jon Hansen led a panel of Procurement’s top thought-leaders to discuss the buyer-supplier relationship dynamic. The changing nature of buyer-supplier relationships. Ragnar spoke about the supplier-buyer power dynamic on a macro level.

Negotiating Skills 52

Negotiating Skills Buyer Training Modeling Software Optimal Sourcing 52

Logility

SEPTEMBER 12, 2024

Cross-functional collaboration: Bring together teams from different departments to agree on objectives, strategies, and success metrics to overcome challenges and ensure a successful cloud transition. Cultivated expertise: Develop a culture of continuous learning and technological proficiency across the organization.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 196

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

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. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

RFgen

NOVEMBER 20, 2024

These systems also support phased implementation, allowing you to start with high-priority processes, train staff during regular work hours, deploy your wireless infrastructure before software rollout, maintain parallel systems during the initial transition, and closely monitor performance metrics.

Inventory Reduction 80

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 80

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. Some are focused on project implementation; others are attempting to improve supply chain talent by defining career paths, training, and skill development, while others serve in an audit capacity. Lack of aligned metrics. Lack of executive buy-in.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

QAD

APRIL 13, 2023

According to a new study by Deloitte and The Manufacturing Institute, the manufacturing skills gap in the U.S. And unfortunately, the situation is impacting CMOs as well and requiring leaders to be more creative and agile to attract and retain skilled workers. is likely to reach 2.1

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Moreover, by selecting reliable suppliers, negotiating favorable terms, and ensuring timely delivery, the supply chain department can optimize procurement processes and minimize costs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Supply Chain View from the Field

JULY 22, 2015

I had the opportunity to engage in a negotiation seminar with a large insurance company last week, and had the team work on a software contract role play. In the scenario, there was both a buyer and supplier, and there were multiple facets to consider in the negotiation. Data Security and Rights.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

Precoro

DECEMBER 11, 2023

Sourcing tasks include sending out requests for proposals (RFPs), evaluating supplier bids, selecting vendor partners, negotiating contracts , and then managing supplier relationships. It's important to understand the market in order to negotiate for better bargains. Negotiating contract terms.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 83

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

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

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 Data Optimization Software 52

Alloy

FEBRUARY 3, 2021

This simulated metric projects what demand, and thus sales, would be if you were in-stock during a given period. This forward-looking metric is key to predicting where outages may occur, empowering you to take proactive steps to mitigate the most significant risks.

Buyer Training 90

Buyer Training Negotiating Skills Data Forecasting 90

Supply Chain Game Changer

NOVEMBER 3, 2022

As a result, procurement managers spend a lot of time tracking down vendors, negotiating terms and prices, and working with accounting departments to ensure invoices get paid on time. Supplier Relationship Management (SRM) involves relationships between buyers and sellers or manufacturers and suppliers.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Supply Chain Movement

SEPTEMBER 29, 2014

It’s not even a “chain” anymore – it’s a network, of suppliers, distributors, facility types, forms of replenishment, cycles of supply, types of demand, the fickle nature of consumers or buyers, and the readiness of information about price, availability and alternatives.

Buyer Training 92

Buyer Training Just-in-Time Supply and Demand Case Study 92

RFgen

AUGUST 30, 2024

Warehouse jobs form the backbone of efficient supply chains, yet the warehousing and logistics industry faces a significant challenge: attracting and retaining skilled talent in a competitive labor market. This shift allows employees to focus on more engaging, value-added activities that require problem-solving and decision-making skills.

Inventory Reduction 68

Inventory Reduction Cost Reduction Strategies Material Savings Price Mitigation Strategies 68

Supply Chain Game Changer

OCTOBER 18, 2022

Quantum Leap to the Top 10 Supply Chain Skills of the Future! This includes looking at data and metrics. Your skills must be trained and developed so acutely that you can see many moves ahead, just like in a chess game. Their sensory skill set will be engaged so that they react fast, decisively and intensely.

Supply and Demand 123

Supply and Demand Supply Chain Planning Software Supply Chain Planning Buyer Training 123

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. for location, humidity, temperature) that are interconnected across digital networks.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Talent — Especially with the advent of these new technologies, many companies struggle to find, hire and retain highly skilled individuals. Those companies also reduced planning spend.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

SCMDOJO

OCTOBER 15, 2024

Want to learn about effective Negotiation? Here, have a look at our comprehensive course “ Introduction to Negotiations Process ” on our Website! Learn more about Procurement strategies by our course “ Mastering Procurement – Essential Skills and Competencies ” on our Website! days for each batch.

Inventory Management Software 98

Inventory Management Software Optimization Software Negotiating Skills Supply Chain Software 98

Logistics Viewpoints

FEBRUARY 2, 2023

Maximize Revenues and Efficiency with Automated Billing An automated billing solution benefits both customer and 3PL alike, in that it captures all billable activities performed by the 3PL, while accurately reporting charges at the rates and conditions associated with each customer’s specific negotiated contract.

Supply Chain Planning Software 229

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 229