ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

NC State SCRC

SEPTEMBER 13, 2016

This month’s Inside Supply Management published by the Institute for Supply Management features an article announcing the launch of a study being undertaken by the Center for Advanced Purchasing on the evolution of procurement analytics. innovation, strategic cost management, risk mitigation, etc.).

Procurement Analytics 40

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 40

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity. This is despite the deployment of ERP, descriptive analytics, APS, SRM, and teams of data scientists working on their data lakes.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

QAD

JUNE 2, 2022

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. It’s often been reported that consumers have been the primary factor in pushing for change in this area.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills Sustainability Cost Reduction Strategies 98

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Slimstock

MARCH 26, 2019

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. 4 Ways to Improve Procurement.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

Supply Chain Game Changer

FEBRUARY 4, 2020

That was the start of Supply Chain education. But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient? But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient?

Education 67

Education Negotiating Skills Supply Chain Design Software Supply Chain Planning Software 67

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Supply Chain Game Changer

NOVEMBER 11, 2018

Check out What Exactly Is Procurement? And What is Purchasing? Kodiak Rating’s CTO was recently in attendance at a Procurement Leaders event held in London, titled DITx?—?Data Hearing the summarization wasn’t much of a shock, but rather an affirmation of the on-going transformation occurring within procurement teams.

Procurement Solutions 54

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 54

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. They supervise the whole operation, from forecasting demand and planning production to procurement and logistics. Their role involves sourcing and purchasing high-quality products at competitive prices.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 98

ivalua

AUGUST 28, 2019

National survey of state procurement officials finds states are moving toward a more modern approach to buying. 27, 2019 (GLOBE NEWSWIRE) — States are becoming more data-driven and value-focused in their purchasing. Procurement offices are forging closer relationships with vendors. WASHINGTON, Aug.

Procurement Analytics 124

Procurement Analytics Procurement Solutions Government Optimal Sourcing 124

ivalua

APRIL 17, 2023

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing. Can the software grow with you as your needs change?

Manufacturing Procurement 130

Manufacturing Procurement Procurement Solutions Sourcing Strategies Analytics Software 130

Supply Chain View from the Field

OCTOBER 4, 2015

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Unleashed

JUNE 11, 2024

Common ERP software modules include: Finance Inventory management Supply chain management Project management Sales Human resources Manufacturing Shipping Reporting and analytics Not every ERP solution will contain all these functions. Businesses with a large budget and limited time for software procurement and training.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Solutions Supply Chain Planning Software 52

SCM Research

MAY 15, 2017

Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. Digitization is expected to particularly impact PSM operational tasks with regards to automation: Sub functions, especially taking care of the purchase-to-pay process, are expected to disappear.

Purchasing Skills 112

Purchasing Skills Procurement Analytics Case Study Modeling 112

ivalua

OCTOBER 28, 2022

While this bill is transformative for states, cities, counties, utilities, and education, there are massive hurdles that must be addressed before any initiatives are implemented. There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. A Path Forward.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Procurement Analytics Tools 130

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. Most respondents report monitoring their fuel consumption, which is a critical first step towards reducing it.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. These role-based views can be consumed into a demand visibility signal and used in the respective applications within transportation and procurement.) The root issue is functional metrics.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. It can be used to educate clients on the importance of transparency in the supply chain. They are effective for establishing a long-term online presence.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Even if the category manager had time to do it, I want them to be more strategic in their focus.”.

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

Supply Chain View from the Field

JUNE 10, 2015

A recent review by Peter Smith of my new book , “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop. ” In a recent discussion with Gerard, he and I also noted that it is up to educational institutions to address this shortfall.

Procurement Solutions 60

Procurement Solutions Procurement Analytics Procurement Purchasing Skills 60

SCMDOJO

OCTOBER 23, 2024

While edX is a well-known general online learning platform that offers a broad range of courses, SCMDOJO is a dedicated platform solely focused on providing high-quality education and resources for supply chain professionals. A general platform covering various subjects, including supply chain. SCMDOJO doesn’t just offer video courses.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 52

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

Logistics Viewpoints

JUNE 29, 2022

The company has established long-term power purchase agreements at the country level. As a result, Mars has been able to procure renewable electricity to cover the entire business in those specific countries. To that end, Mars started with a commitment to 100 percent renewable energy a number of years ago and is making steady progress.

Sustainability 301

Sustainability Supply Chain Design Supply Chain Optimization Supply Chain 301

OptiProERP

SEPTEMBER 10, 2021

According to a report by Market Research Engine, “The ERP market remains in a phase of rapid expansion, with total market size expected to exceed $49.5 If you have decided to invest in ERP software, understanding ERP modules is important to make the right purchase. Procurement. Procurement. billion by 2024.”

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 96

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. Of those alerts, 60% typically had some kind of impact reported by a supplier.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

ivalua

MAY 9, 2023

But, the competitive landscape for procurement software is very different. As a result, the procurement software offered to public companies has been able to live in parallel with the private market; its evolution has been very focused on compliance with public procurement regulations. Where to Start?

Vendor Strategies 246

Vendor Strategies Procurement Solutions Manufacturing Procurement Sourcing Strategies 246

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. It begins with Education and Certification. (Infographic). Stuck in the Mechanics.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

NC State SCRC

MARCH 15, 2016

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Analytics Software Baltimore 40

ivalua

OCTOBER 29, 2019

Procurement transparency exists within the public sector because it is required by law. Running a transparent procurement operation contributes to the trust that both suppliers and the general public have in government agencies. Public sector procurement transparency is steadily evolving towards more transparency with full context.

Procurement Analytics 113

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 113