Supply Chain Shaman

NOVEMBER 15, 2023

For this blog post, never mind the comparison. The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement.

Supply Chain Planning Software 409

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SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to maximize the value of each inventory dollar.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Logistics Bureau

DECEMBER 4, 2024

What is purchasing? And how is it different from procurement? I asked one of our purchasing management experts exactly that question so you can hear it directly from the horse’s mouth. What is Purchasing in Logistics? In short, purchasing is a transaction: you buy an item or a service.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills 40

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

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Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. While many will compare you to SAP, it is not a comparison. GT Nexus began operations in 1998 using the name Tradiant.

Prescriptive Analytics Software 150

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Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Retail shops are vendors for each individual customer buying sneakers. Suppliers are your go-to for finding raw materials if you are procuring supplies for production. Blurred lines.

Manufacturing Procurement 98

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SCMDOJO

JUNE 21, 2023

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.

Supply Chain Planning Software 105

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Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

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HICX Solutions

MAY 13, 2020

“No one ever got fired for buying IBM,” so the saying goes, meaning it’s generally safer to go with a household name when you’re in the market for new technology. And given the speed of technological development, is buying a procurement suite really the ‘safe’ option today?

Supply Chain Software 52

Supply Chain Software Eliminating Excel in Purchasing Procurement Sourcing Strategies 52

Precoro

JANUARY 30, 2023

As a company slowly grows, purchase management becomes more and more complicated. The need to manually create, store, manage, and analyze the ever-growing purchase orders and all associated documents can be pretty cumbersome. Plus, find a comparison table of some free purchase order software and paid programs.

Procurement Solutions 52

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Precoro

FEBRUARY 27, 2023

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. Spend analysis involves spend visibility , spending review , and procurement process improvement. Many factors may be used for conducting comparisons.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Each channel offers a separate opportunity to interact with the brand and make purchases. When businesses are looking to buy from other businesses, the B2B model comes into play. What is multichannel selling? What is B2B eCommerce?

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

ThroughPut

APRIL 6, 2020

It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. Inventory control.

Optimal Sourcing 59

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Infosys Supply Chain Management

NOVEMBER 16, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools.

Eliminating Excel in Purchasing 24

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Infosys Supply Chain Management

DECEMBER 18, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. This commentary is an interim follow-up to this authors previous Infosys Limited guest commentary: Headline for the 2012 Holiday Buying Season- Overcoming the Challenges of Fulfillment Complexity. Customer Service.

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

Precoro

JANUARY 17, 2025

The company’s Chief Operating Officer, Chief Financial Officer, and Assistant Procurement Manager shared their experiences in tackling procurement challenges and explained how Precoro provided the solution. Moreover, all analyses and reports were done manually using Excel.

Procurement Solutions 45

Procurement Solutions Procurement Analytics Optimal Sourcing Vendor Strategies 45

ThroughPut

APRIL 2, 2020

It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfillment, and production capacity planning.

Optimal Sourcing 52

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SupplyOn

OCTOBER 2, 2018

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The goal of this changeover was to significantly streamline the SBB’s purchasing and procurement logistics. Suppliers supplying several SBB divisions will benefit in particular.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Industry 40

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. Typically, on Indirect Spend, suppliers can be engaged by users; how should these suppliers be viewed and handled by Procurement and other users? This status relates to the Procurement team reviewing a supplier that has been added to the system. Introduction. Supplier Lifecycle Management.

Supplier Management 42

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Proxima

MAY 31, 2019

At Proxima, we’ve therefore been trying to envision what the future of procurement could look like and how Commercial teams can influence their organisations to drive ever more value out of their supply chains. High tech vs. skill sets. Is the public sector being left behind?

Negotiating Skills 40

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Infosys Supply Chain Management

MARCH 6, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Low Entry Cost / Capital Cost Saving With cloud based offerings, companies opt for a pay-per-use model, where they need not buy licenses in bulk, but migrate to a subscription based model. Business Process Outsourcing.

Supply Chain Planning Software 35

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Infosys Supply Chain Management

MARCH 27, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The implications profoundly point to the reality that consumers prefer online tools and have shifted their shopping and buying preferences. Supply Excellence. Procurement Blog. Customer Service.

Supply Chain Planning Software 29

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ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes.

Predictive Analytics Software 59

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Infosys Supply Chain Management

DECEMBER 31, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. My guest commentary comes at the end of December as the early indicators from the 2012 surge holiday buying period already point to yet another set of significant learning for global retailers. Customer Service.

Supply Chain Planning Software 24

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6 River Systems

FEBRUARY 25, 2019

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. If you want to optimize your supply chain, the way to do it best isn’t to buy some fancy new machine.

Optimal Sourcing 55

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Precoro

MARCH 21, 2025

RFI procurement helps address it.   So, if you're tired of being left on read by vendors, it's time to break down the RFI meaning in procurement on a deeper level, explore templates and real cases, and finally scale up your RFI process.   RFI (Request for Information): Kicks off in the initial stages of procurement.

Procurement Solutions 45

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Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A comparison of the profitability with a pre-defined threshold will ensure that Retailer’s products are sold first until the margin drops below a pre-determined value set by Retailer’s, Otherwise source it from DD suppliers.

Optimal Sourcing 24

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Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

HICX Solutions

APRIL 16, 2021

Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. A solution is to buy a workflow tool to overlay on top of the MDM platform, but again cost implications must be taken into account. This results in bad data, wasted time and increased cost. Governance.

Analytics Software 95

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 95

HICX Solutions

APRIL 16, 2021

Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. A solution is to buy a workflow tool to overlay on top of the MDM platform, but again cost implications must be taken into account. This results in bad data, wasted time and increased cost. Download Here.

Analytics Software 52

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