EC Sourcing Group

JUNE 14, 2023

In the dynamic world of procurement , sourcing teams are constantly on the lookout for innovative strategies to drive cost savings and improve supplier relationships. With increasing interest from companies of all sizes around the globe, reverse auctions are revolutionizing the way sourcing teams approach negotiations.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 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. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience.

SAP 241

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 241

EC Sourcing Group

DECEMBER 13, 2021

What Is Vendor Sourcing? Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Read on to learn more about auction vendor sourcing and more about the management process.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

MARCH 21, 2022

Sourcing is a vital piece of procurement and the overall supply chain itself. However, just about anything can be improved upon, and sourcing optimization and optimized operations can help streamline the process. Read on to learn more about how to optimize the procurement process and how to improve upon sourcing.

Optimal Sourcing 52

Optimal Sourcing Sourcing Optimization Software Supply Chain Planning Software 52

EC Sourcing Group

NOVEMBER 8, 2022

??Meeting the Demand in Sourcing and Procurement. In recent years, considerable efforts have been made to simplify and streamline sourcing, procurement, and overall supply chains to meet demand more effectively. Sourcing and Procurement Optimization : Speed and Transparency. Contract management. RFx and eAuction management.

Optimal Sourcing 52

Optimal Sourcing Demand Planning Software Sourcing Strategies Supply Chain Software 52

Exiger Perspectives

MAY 30, 2024

Article Empowering Ethical Sourcing: Eliminating Forced Labor with Supply Chain Intelligence Article May 30, 2024 Navigating the complexities of global supply chains reveals a troubling reality: The prevalence of forced labor is more common and obscured than many businesses realize. Why are they risky? What actually produces the risk here?

Resource Reduction 52

Resource Reduction Sourcing Strategies Optimal Sourcing Purchasing Skills 52

EC Sourcing Group

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? . Risk management.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

AIMMS

MARCH 30, 2020

There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information)

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process. Expand your networks.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

EC Sourcing Group

SEPTEMBER 20, 2022

Ethics in Sourcing and Procurement Management. Read on to learn more about procurement management and ethics, how to spot unethical behavior, and how your eSourcing software can help you pave the way to an ethical and risk-free sourcing and procurement process. Illegal sourcing. Principles of Ethics in Procurement Management.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Purchasing Skills Sourcing Strategies 52

ivalua

DECEMBER 3, 2020

The post Source-to-Contract (S2C) Demo appeared first on Ivalua.

Sourcing 100

Sourcing 100

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Read on to learn about the benefits. Operational.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

EC Sourcing Group

JUNE 17, 2020

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Sourcing is but one step in the procurement process. Sourcing is but one step in the procurement process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Purchasing Skills Supply Chain Design Software 52

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

EC Sourcing Group

JANUARY 11, 2021

Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. However, there are many times where the reverse auction process is warranted and can play a significant role in your strategic sourcing strategy. What is our sourcing strategy?

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

The Logistics of Logistics

JANUARY 13, 2023

Amplio helps you meet your production goals by removing procurement roadblocks – the software assesses your BOMs’ sourcing risk, locates inventory for you, and recommends optimal purchasing strategy so that you get the components you need at the best price. Access diverse sources of supply. Schedule an Amplio Demo.

Manufacturing Procurement 184

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 184

ivalua

JANUARY 31, 2023

Through Ivalua’s EIC, emissions data can be imported from recognized third-party emissions data sources or directly from suppliers; the data is then combined with other information such as environmental risk scores, policies, published targets, or certifications. To learn more about this new offering register for an upcoming live demo.

Procurement Solutions 246

Procurement Solutions Supply Chain Planning Software Procurement Analytics Optimal Sourcing 246

Freightos

NOVEMBER 6, 2024

Megan Kelly, Crane Even if data standards existed and eased collaboration between partners, the multiple tools, solutions and platforms that many forwarders, carriers and BCOs interested in leveraging tech are starting to use can butt up against the desire for a single source of truth for all that data.

Sourcing Strategies 156

Sourcing Strategies Logistics Network Optimization Software Analytics Software Optimization Software 156

ivalua

FEBRUARY 25, 2021

Demo Breakout. Creating Lasting Value Across Your Source-to-Contract Process. The source-to-contract process is where Procurement identifies and creates value for their organization. Join this session to learn more about: Running efficient sourcing projects and RFXs. Strategic category management.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Negotiating Skills Price Mitigation Strategies 100

AIMMS

MARCH 30, 2020

There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information)

Supply Chain Disruption 156

Supply Chain Disruption Supply Chain Design Software Optimal Sourcing Scenario Planning 156

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. Every company wants to save money, but the right sourcing software can help you manage spend and save money the right way. Illegal sourcing. Falling for unethical business practices can affect sourcing and procurement. Favoritism.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Adexa

JUNE 8, 2022

8 Reasons Why Gartner SCP MQ is NOT a Reliable Source Gartner MQ for supply chain planning is intended to provide information to companies that may be of value in their evaluation process of SCP technology vendors. The post 8 Reasons Why Gartner SCP MQ is NOT a Reliable Source appeared first on Adexa. Reason #1 MQ Process.

Gartner 52

Gartner Supply Chain Planning Software Sourcing Modeling Software 52

Supply Chain Shaman

APRIL 29, 2024

Avoid pretty demos and RFP processes. Explore to understand the data sources, the cleanliness and frequency of data, and evaluate the use of machine learning and NoSQL to improve data quality and reduce data latency. Source: Horse for Courses definition Oxford Dictionary As you work on discovery, listen to your gut. Next Steps?

Supply Chain Planning Software 394

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 394

Arkieva

JANUARY 13, 2017

What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan.

Optimal Sourcing 60

Optimal Sourcing Purchasing Skills Sourcing Strategies Procurement Solutions 60

ivalua

FEBRUARY 25, 2021

Demo Breakout. The Benefits of Embedding Accounts Payable within the Source-to-Pay journey. The post AMER 2021 Day 2 Demo Three appeared first on Ivalua. Days payable outstanding (DPO) is one of the key financial measurements used to identify the health of an organization.

Demand Planning Software 100

Demand Planning Software Video Tools Sourcing 100

Arena Solutions

MARCH 19, 2024

Parts and materials are sourced from a vast and highly interconnected global supply chain network. Modern cloud QMS and product lifecycle management (PLM) solutions address these issues by providing a single source of truth for organizations to manage product design and quality information. Watch this demo to learn more.

Aerospace 112

Aerospace Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 112

Claritum

MAY 11, 2018

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Global Sourcing Technology. BOOK A DEMO.

Supply Chain Software 32

Supply Chain Software Sourcing Global Waste Reduction 32

Logility

MARCH 21, 2024

Safely Mine Your Supply Chain Data with GenAI Watch the Demo Myth 3: Generative AI is best as a black box At first glance, the prospect of generative AI supporting a 100% automated workflow might seem like a desired goal for your supply chain processes. For example, suppose an order for a key customer is going to be late.

Optimal Sourcing 222

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 222

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. Source: PPAI Sales Volume Study Summary. Single source.

Sourcing Strategies 32

Sourcing Strategies Purchasing Skills Optimal Sourcing Sourcing 32

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Book a demo with us today to see firsthand how Simfoni’s best in class solution can supercharge your procurement function!

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

ivalua

NOVEMBER 3, 2021

Having successfully digitized the entire Source-to-Pay process, Ashell is on the path to evolving Procurement from a cost center into a competitive advantage.”. Extend risk and performance mapping with external data sources and alert systems. Increase strategic insight and identify new sources of savings.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiate Pricing Negotiating Skills 130

Exiger Perspectives

JUNE 12, 2024

Capture where ingredients are coming / being sourced from. Solution Phase 1 Mapped the supply chain for a sample of drugs in the FDA’s list of Essential Medicines across many Medical Countermeasures categories generated using data from non-controlled, public sources only. Catalog what ingredients are going into relevant drugs.

Pharmaceutical 52

Pharmaceutical Government Case Study Supply Chain 52

EC Sourcing Group

NOVEMBER 8, 2023

With deeper learning capabilities and more nuanced decision-making algorithms, AI is streamlining the most complex sourcing tasks, offering a significant competitive advantage to early adopters. Sustainable and Ethical Sourcing Sustainability and ethics are taking center stage in procurement processes. Why Act Now? Why Act Now?

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Sourcing Strategies 52

Logility

JULY 31, 2024

Jump to sales, marketing, and finance demo videos here Traditional Demand Planning Challenges: Current demand planners can get bogged down in the daily grind of gathering, organizing, and analyzing the sales history for an accurate forecast. They are managing complex spreadsheets populated by multiple sources and stored in too many locations.

Supply and Demand 169

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 169