Logistics Viewpoints

JANUARY 6, 2025

For example, the application sends three auto reminders to a buyer if a PO they cut does not have a corresponding purchase order confirmation associated with it. But the chief procurement officer has been made aware of the 10% of suppliers not participating. Where and how often, for example, did a buyer deviate from the happy path?

Supply Chain Transformation 305

Supply Chain Transformation Supply Chain Software Purchasing Training Buyer Training 305

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

Procurement Solutions 289

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 289

Logistics Viewpoints

DECEMBER 2, 2024

An iGPU (integrated graphic processing unit) is a current example. As an example, if we have congested lanes, the system will automatically flag that we have a potential risk of delay based. For example, we’re working on telling the solution that it has a budget. During COVID constraints were popping up all over the place.

Supply Chain Planning Software 294

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 294

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 Procurement Analytics 49

Supply Chain Shaman

MAY 15, 2023

One of the alignment gaps that is growing and is unfortunate is the gap between procurement and manufacturing. This gap of 48% between manufacturing and procurement is the highest seen in studies across the decade. The metrics defining success in manufacturing and procurement do not align. So, you might say, so what Lora?

Manufacturing Procurement 459

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 459

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Supply Chain Network Software 315

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 315

Logistics Viewpoints

JANUARY 29, 2025

Uyghur Forced Labor Prevention Act (UFLPA) and the European Unions Forced Labor Regulation (FLR) are prime examples of this tightening framework. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. Adding to the uncertainty, recent comments from a new U.S.

Study 286

Study Global Supply Chain Planning Software Modeling Software 286

Jaggaer

APRIL 3, 2025

A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. Procurement leaders recognize the imperative in front of them, but what does it mean for the future skills profile of the profession? efficiency gap.

Negotiating Skills 52

Negotiating Skills Buyer Training Optimal Sourcing Negotiate Pricing 52

RFgen

FEBRUARY 25, 2025

Jason uses the example of machinery wholesaling to demonstrate the inventory accelerator. This article will examine the causes of these phenomena, provide real-world examples from different industries, and offer strategies to mitigate their effects. While this seems straightforward, the consequences for businesses can be substantial.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Negotiating Skills 59

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 59

Logistics Viewpoints

OCTOBER 23, 2023

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. Because procurement is a major theme of the conference, I could not help but talk to the top executives of this business unit about the new Elon Musk biography. Musk smiled.

Manufacturing Procurement 321

Manufacturing Procurement Supply Chain Design SAP Procurement 321

Procurement Academy

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. The Need for Supply Chain and Procurement Upskilling The global supply chain and procurement markets have changed drastically in the last number of years. There are also strong benefits to upskilling for your employees too.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Buyer Training Supply Chain Planning Software 52

Jaggaer

FEBRUARY 13, 2025

By combining H&Zs sustainability expertise with JAGGAERs advanced procurement technology for Scope 3 emissions tracking and data collection, organizations can better integrate sustainability into their procurement strategies. As companies seek to address these issues, the role of procurement is changing.

Material Savings 52

Material Savings Price Reduction Manufacturing Procurement Optimal Sourcing 52

Logistics Viewpoints

APRIL 10, 2025

Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. For example, AI-enabled systems can monitor global trade activity, policy changes, and even weather patterns to flag emerging risks before they impact operations. Procurement is another area seeing change.

Optimal Sourcing 130

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 130

ToolsGroup

MARCH 31, 2025

The Science of Demand Planning: Improving Forecast Accuracy Consider this example: A traditional forecasting system analyzing tire sales might observe 12 units sold annually and determine an average monthly demand of one tire. Advanced Supply Planning : Improves procurement and production scheduling decisions.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions.

Benchmarking 306

Benchmarking Freight Analytics Software Supply Chain Design Software 306

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

ToolsGroup

MARCH 31, 2025

The Science of Demand Planning: Improving Forecast Accuracy Consider this example: A traditional forecasting system analyzing tire sales might observe 12 units sold annually and determine an average monthly demand of one tire. Advanced Supply Planning : Improves procurement and production scheduling decisions.

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 326

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Modeling 326

Precoro

NOVEMBER 11, 2024

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

QAD

JANUARY 16, 2025

Despite its success, KION faced significant challenges in managing its extensive supplier network and procurement processes. For the mitigation of supply chain and business risks , we need closer integration and easy collaboration with our suppliers, said Jens Brethauer, VP of e-Procurement & Digitalization at KION.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Negotiating Skills 52

Supply Chain Shaman

APRIL 9, 2021

Belief in efficient procurement. Investment in indirect procurement hi-jacked investment in building value networks. Over the decade, procurement became more of an island. For example, the semiconductor shortage is a current issue. ” This lack of definition limited the success of planning technologies. Mistake #5.

Supply Chain Planning Software 367

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 367

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Supply Chain Shaman

NOVEMBER 9, 2023

Let’s take an example. Let’s take another example. And, there is no translation of planned orders for manufacturing into aggregate procurement. The focus is on the use of market data and sharing data across the functional silos of sales, marketing, finance, operations, procurement, and transportation.

Optimal Sourcing 368

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 368

Taulia

NOVEMBER 8, 2024

This blog highlights key strategies from these recent forums on sustainable procurement and practical tips to achieve impactful results. Procurement teams have a particularly important role in supporting companies’ sustainability goals. As such, procurement is the biggest lever companies can use to control greenhouse gas emissions.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Supply Chain Software Optimal Sourcing 98

Jaggaer

FEBRUARY 5, 2025

You probably would not want to waste time and effort strategically sourcing your paperclip supplies, for example. Strategic Sourcing Is Smart Procurement Strategic sourcing is thus a smart approach to procurement because it considers each sourcing project to be unique based on analysis, insight and knowledge of the marketplace.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Freightos

DECEMBER 3, 2024

From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. These external factors are near-impossible to predict, forcing more frequent tender updates to remain inline with the market.

Optimal Sourcing 285

Optimal Sourcing Procurement Predictive Analytics Software Logistics Network Optimization Software 285

Jaggaer

MARCH 20, 2025

Uncertainty around federal and state policy changes poses a significant challenge for procurement leaders across all types of higher education institutions. Uniform Guidance for Federal Awards), state, and institutional procurement regulations can be challenging, especially when dealing with grant-funded purchases.

Education 52

Education Procurement Analytics Pricing Training Purchasing Training 52

Logistics Viewpoints

FEBRUARY 11, 2021

In a recent survey by Procurement Leaders , 54% of the CPOs reported that they have regular touchpoints with the CEO and are considered a key stakeholder. In conjunction with the new product launches, phasing out existing products and components is another area where supply chain and procurement need to work together.

Manufacturing Procurement 307

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 307

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. For example, the auto industry, which lost billions because of the semiconductor chip shortage, had suppliers that could not get the chips they needed for their products.

Agile and Lean Supply Chain 347

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 347

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency. Any final thoughts?

Supply Chain Risk Management 299

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 299

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 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

Supply Chain Shaman

APRIL 29, 2024

For example, those that actively read my blog, know that I frequently take issue with SAP, but seldom with Oracle. For example, how do you compare Arkieva to ToolsGroup ? For example, in the chemical industry don’t forget the importance of envelopes, material balances, reverse bill of materials, grades, etc. The reason?

Supply Chain Planning Software 404

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 404

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. She knew the company was innovative; after all, Coupa created a new software enterprise category: business spend management. What an opportunity!”

Procurement Solutions 298

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 298

Logistics Viewpoints

MARCH 24, 2022

Business intelligence tools can use this visibility and other information to help shippers act more strategically by procuring the most efficient, cost-effective carrier services. Procurement teams play an incredibly important role. Critical insights gleaned from business intelligence also need to be incorporated back into the system.

Supply Chain Planning Software 278

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 278

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97