Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. The chief procurement officer’s workload extends beyond timely purchases and cost-saving measures.

Negotiating Skills 90

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 110

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 110

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The Buyer then sent a purchase order affirming its intention to purchase the two piping units to be manufactured by the Seller.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 242

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 242

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Network Effect

OCTOBER 3, 2014

Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. These trading partners include customers, suppliers, contract manufacturers, 3PL’s, 4PL’s, carriers, warehouse operators etc.

Supply Chain Network Software 195

Supply Chain Network Software Automotive Modeling Software Supply and Demand 195

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Talking Logistics

AUGUST 4, 2014

Managed services can include a lot of different things: supply chain modelling and network design, transportation procurement engagements (both strategic and tactical), day-to-day planning and execution of shipments, business intelligence and analytics services, execution of continuous improvement projects, and so on.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Network Design Software Supply Chain Design Software Modeling 216

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. While hospital supply chain organizations have made progress in the last decade, the gap has widened between the supplier sectors of pharmaceuticals and medical device manufacturers and other manufacturing industries. Generalize procurement of materials. The problem is us.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Logility

APRIL 29, 2021

As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media.

Optimal Sourcing 202

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 202

QAD

JULY 13, 2023

If food manufacturers want to stay ahead of the competition today and into the future, they have to leverage advanced tools and systems that can optimize processes and deliver real-time insights. By migrating to a cloud-based ERP system, food manufacturers can streamline and automate various processes, leading to increased efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 98

Supply Chain Shaman

AUGUST 11, 2014

We took a holistic approach to accomplish this goal by developing training programs and tools to ensure that all employees had an accurate picture of total cost and how to drive improvements. I strongly believe diversity of experience and thought leads to improved performance.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Use them to continuously improve your organization. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. It is our responsibility to know their business inherently and introduce new savings opportunities and continuous improvements to continue driving those savings.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

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 89

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 89

The Logistics of Logistics

MAY 26, 2023

Hannah is a board member of the National Association of Manufacturers, WBEC-Pacific, the Women’s Business Enterprise National Council (WBENC) where she also serves as WBENC Forum 1st vice chair, board chair of How Women Lead–Silicon Valley, and is a member of the Committee of 200 for executive women.

Supply Chain Design Software 208

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 208

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.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 97

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. During the project, she was able to rationalize the supply base, boost procurement efficiencies and drive positive financial results.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

Supply Chain Shaman

SEPTEMBER 13, 2016

It is clear that new outcomes cannot happen through a focus on traditional continuous improvement programs. 3) Rethinking Manufacturing. Digital manufacturing–3D printing, M2M interface through the Internet of Things, Robotics and Biomolecular re-engineering–will enable new capabilities in manufacturing.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

RFgen

DECEMBER 19, 2024

Scaling manufacturing operations is crucial for business growth but presents unique challenges. Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Successfully scaling manufacturing requires more than just adding resources.

Material Savings 52

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 52

Supply Chain Shaman

NOVEMBER 21, 2018

Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight. Reference Figure 1. On customer service?

Supply Chain Planning Software 202

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 202

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. These items support business or manufacturing activity but are not incorporated directly into what you produce. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 81

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 81

Jaggaer

OCTOBER 22, 2019

Our recently published report, “ Digital Transformation in Procurement: How Close Are We? ”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, showed that most progress had been made with the automation of supplier management, procure-to-pay and spend management processes.

Optimal Sourcing 60

Optimal Sourcing Manufacturing Procurement Predictive Analytics Software Supply Chain Network Software 60

GlobalTranz

JUNE 2, 2016

The 3PL gets to know the shippers'/customers' engineers, manufacturing or supply chain experts in the supplin order to eliminate points of failure down the road. Another needed change is that manufacturers must begin to openly share proactive information about their business and supply chain strategies. Value shared is value gained.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Logistics Viewpoints

FEBRUARY 8, 2022

This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever. To compete with Amazon, most retailers and manufacturers have had to dramatically shorten their own delivery windows. Navigating an Increasingly Challenging Logistics Landscape.

Logistics Network Optimization Software 213

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 213

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . 4) Improve Materials Management Competency in Supply Base. .

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Unleashed

JUNE 4, 2024

The procurement processes you implement directly impact how efficiently the business operates. Conversely, the consequences can be disastrous if procurement lacks the right structure or planning. What is a procurement process? Strategy is extremely important in the procurement process. Let’s dive right in.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Procurement Analytics 52

Talking Logistics

MARCH 9, 2017

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Network Software 148

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 148

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Suppliers are often overlooked in continuous improvement efforts, but along with buyers, they are on the front lines. Procurement leaders say that when tackling a disruption, relationships with suppliers are what really make the difference. Look to your supplier relationships as step one in reducing risk and vulnerability.

Supply Chain Planning Software 130

Supply Chain Planning Software Predictive Analytics Software Manufacturing Procurement Price Reduction 130

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. To improve operations and stay ahead of the competition, many distributors are turning to assessment tools to evaluate performance and identify areas for improvement.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 103

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 90

Unleashed

APRIL 18, 2024

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. What is just-in-time manufacturing? What is just-in-time manufacturing? Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Purchasing Skills Sourcing Strategies 52

Logility

OCTOBER 27, 2021

Say, for example, you’re a bag manufacturer and you purchase hardware from a company that you know is sustainable, however you fail to conduct any due diligence on its suppliers. Unfortunately, the lower-tier supplier who provides the materials to manufacture the hardware is not environmentally friendly and regularly commits labor abuses.

Apparel 130

Apparel Sustainability Supply Chain Strategy Supply Chain Software 130

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. For example, analyzing procurement data to identify opportunities for bulk purchasing discounts or renegotiating supplier contracts. This helps in reducing costs while maximizing ROI.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59