Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

Logistics Viewpoints

OCTOBER 24, 2024

SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.” SAP’s Business Network is a supply chain collaboration network.

SAP 242

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 242

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?

Supply Chain Planning Software 230

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 230

Logistics Viewpoints

MAY 25, 2023

This description by a Chief Supply Chain Officer of the state of the supply chain he found in his new role stuck with me. Unlike a supply chain, these steps rely on no disruption to their execution. While there is endless speculation, from my reading two supply chain-specific opportunities intrigued me.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 262

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Precoro

AUGUST 14, 2023

Whether hiring for this role or aiming to be promoted into it, it’s important to identify the most necessary skills for the profession. Note: In this article, we use the terms "procurement manager" and "purchasing manager" interchangeably; for the most part, these positions involve the same skills and responsibilities.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 74

The Logistics & Supply Chain Management Society

MAY 15, 2023

Leveraging Your Bargaining Power in Logistics Service Provider Negotiations by LSCMS Shippers’ Council The logistics industry is a complex and constantly evolving ecosystem that plays a vital role in the global economy. Shippers have until quite recently been faced with a daunting challenge when it comes to negotiating with LSPs.

Negotiating Skills 130

Negotiating Skills Buyer Training Logistics Network Optimization Software Logistics 130

The Logistics & Supply Chain Management Society

JULY 21, 2020

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field. This has proved to be a major source of risk.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

SYSPRO Smarter ERP

JULY 17, 2023

This time last year artificial intelligence (AI) was an obscure, mainly academic, technology to most of us. In the last few months, however, there has been an avalanche of stories and articles about amazingly powerful AI tools that use everyday language. The impact of AI on manufacturing is that the skills used will be more advanced.

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Prescriptive Analytics Software Supply Chain Design Software 98

ToolsGroup

APRIL 20, 2022

As shared by Doug Johnson, President of Valor Partners , who works with enterprise software executives to identify and recruit executive leaders and build best-in-class sales and marketing teams: “People are attracted to mission, so make sure your mission is consistent from all those involved in the interview process. Source: Fortune. #3:

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. In this article, we delve into an unconventional yet remarkably effective training tool: movies.

Negotiating Skills 98

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 98

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

With a looming economic headwind on the horizon, the industries of the world can navigate through these challenges by riding three major trends: supply chain disruption, sustainability, and workforce turnover. To thrive and survive, it’s more than shortening time-to-market but also time-to-value.

Supply Chain Software 130

Supply Chain Software Modeling Software Demand Planning Software Sustainability 130

The Logistics & Supply Chain Management Society

DECEMBER 8, 2021

“There is no doubt that the global supply chain market is growing exponentially. The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. A skilled worker, soft and job specific ones.

Supply Chain Planning Software 246

Supply Chain Planning Software Gartner Agile and Lean Supply Chain Buyer Training 246

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. We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Buyer Training 52

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130

Supply Chain Shaman

AUGUST 21, 2024

This week, I was introduced by phone to a marketing leader new to supply chain planning. I listened in amazement when she said, “My marketing plan is based on the fact that supply chain planning is an old technology nearing the end of its lifecycle.” Supply chain planning is evolving.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 195

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 & Supply Chain Management Society

OCTOBER 14, 2021

Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supply chain. In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Precoro

JUNE 17, 2024

With new products constantly entering the markets and increased availability of international trading, supply chains are now more complex than ever before. Functional supply chains are essential for businesses to succeed, so stakeholders prioritize ensuring their stability. What Are Supply Chain Risks?

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 89

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 83

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 83

Precoro

JULY 29, 2024

In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming. Let’s break them down.

Procurement Solutions 82

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 82

Logility

JULY 25, 2024

Generative AI has taken the world by storm, and the supply chain industry is a perfect candidate to benefit, with opportunities for integration of generative AI from strategic planning to execution processes. Yet, the question remains: Is your supply chain mature enough to integrate Generative AI effectively?

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 190

ToolsGroup

AUGUST 8, 2019

Have you looked at a job listing for a supply chain planner recently? The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills. Today more companies are ‘outsourcing’ tasks to technology. Supply Chain Planning: An Ideal Match for AI.

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

The Logistics of Logistics

SEPTEMBER 6, 2024

John is CEO of FreightPath , an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. FreightPath, a specialized talent firm, is addressing this challenge by providing comprehensive training and recruitment solutions. About FreightPath Nothing moves without people.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Buyer Training Supply Chain Design Software Logistics 201

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Logistics Viewpoints

MAY 13, 2024

She knew the company was innovative; after all, Coupa created a new software enterprise category: business spend management. Coupa’s BSM platform is based on a public cloud that connects 3500 buyers to ~10 million suppliers. Coupa also has a supply chain collaboration solution that runs on the platform.

Procurement Solutions 248

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 248

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

EC Sourcing Group

AUGUST 30, 2022

How to Master Reverse Bidding : A Guide for Buyers . For years, negotiations were performed by email or phone with a RFP (request for proposal) or an RFQ (request for quotation), which was a time-consuming and stressful process. However, the “analog” way of negotiations is long gone, thanks to reverse bidding and eAuction software.

Buyer Training 52

Buyer Training Negotiate Pricing Negotiating Skills Material Savings 52

RFgen

AUGUST 7, 2024

By getting a glimpse of the complexities involved, we gain insight into the challenges and breakthroughs that shape the industry, ensuring the safety, efficiency, and advancement of aerospace technologies. Additionally, it contributes significantly to economic growth by providing high-skilled jobs and fostering technological innovation.

Aerospace 88

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 88

Supply Chain Game Changer

MAY 12, 2021

Subscribe to Supply Chain Game Changer. New age of negotiation article and permission to publish here provided by Sam Jenks at kodiakrating.com. We negotiate on a daily basis. Sometimes negotiations are small and sometimes they hold a bit more value or impact. But, there are two sides to every negotiation table.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

Enterra Insights

JANUARY 18, 2024

Few technologies stir human emotions as much as artificial intelligence (AI). The emergence of artificial intelligence technologies, such as generative AI, captured global attention and dominated headlines. ”[4] In other words, people skilled at asking the right questions will be in demand. .”[4]

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

AIMMS

JANUARY 25, 2018

AIMMS has been active in the supply chain space for over 28 years. The skills of the past are no longer sufficient to meet the demands of today’s complex, fast- moving digital environment , or prepare for the future. A s the most experienced supply chain professionals retire , CSCMP estimates that as many as 3.5

Supply Chain Design Software 207

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 207

EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. This collaboration ensures an optimum balance between technological efficiency and human ingenuity.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. Such activism was demonstrated in labor contract negotiations, more aggressive tactics on the part of labor unions, and in actual strike actions.

Negotiating Skills 59

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