Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Direct procurement is about buying anything needed to manufacture a product.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here! Email Address.

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

These are some examples of large players making bold moves, often involving low-carbon fuels and related engine technology. However, the trucking industry is highly fragmented, composed of many small and medium-sized carriers. It comes from the annual customer survey conducted by logistics software company Transporeon.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 97

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 97

Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

Procurement Solutions 59

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

SupplyShift

JULY 23, 2021

Supply chains account for the vast majority of any organization’s sustainability impact, and companies around the world are waking up to the need to improve social and environmental conditions with their suppliers. For more info, join their Sustainable Procurement Ambassadors LinkedIn group.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Network Software Groups 52

SupplyShift

JULY 23, 2021

Supply chains account for the vast majority of any organization’s sustainability impact, so companies around the world are working hard to improve social and environmental conditions with their suppliers. Procurement and Supply Chain. Pharmaceutical Supply Chain Initiative (PSCI).

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Groups 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. This cost center is responsible for managing technology infrastructure, software systems, and support services.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. It’s time to air our dirty laundry.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

Logility

MARCH 8, 2022

These best practices will help make supply chain sustainability part of your operations and culture. Sustainable supply chain best practices help the environment and the people of the world, but they also make your supply chain more agile, efficient, and resilient. Map out your supply chain.

Optimal Sourcing 147

Optimal Sourcing Sustainability Supply Chain Optimization Supply Chain Planning Software 147

Precoro

JANUARY 16, 2023

Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SYSPRO Smarter ERP

DECEMBER 11, 2023

As technology for green power evolves, there are new players entering the market, and some companies will be involved in multiple technologies for renewable energy. Extensibility Renewable companies manage vast networks of software that are technologically diverse and geographically spread out.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

GlobalTranz

OCTOBER 3, 2016

In this blog, Kristen discusses how revenue growth is tied to digital supply chains. The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supply chains. The paper presents evidence from 24 top executives running the world’s largest supply chains.

Supply Chain Design Software 207

Supply Chain Design Software Resource Reduction Cost Reduction Strategies Supply Chain Software 207

Freightos

APRIL 27, 2023

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. Real world, meet data.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

ThroughPut

JUNE 16, 2023

The past few years have taught us a lesson or two in the importance of prepping conventional supply chains to face disruptions of any kind and magnitude. Supply chain planners and leaders have been on a roller coaster ride ever since and haven’t been able to overcome the impact just yet.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Material Savings 52

ThroughPut

JUNE 16, 2023

The past few years have taught us a lesson or two in the importance of prepping conventional supply chains to face disruptions of any kind and magnitude. Supply chain planners and leaders have been on a roller coaster ride ever since and haven’t been able to overcome the impact just yet.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Material Savings 52

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

DynaSys

OCTOBER 12, 2021

With its 6 facilities in France (Semur-en-Auxois, Saulieu, Montmirail, Macon, Bapaume and Arras), Maroquinerie Thomas has found the way of combining traditional knowhow with an industrial organization to ensure optimal customer satisfaction. A lack of flexibility that endangered the supply chain process.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 52

ShipBob

FEBRUARY 26, 2024

Supply chain optimization is vital for any ecommerce business that wants to increase its bottom line and improve its efficiency. However, you can’t optimize only some parts of the supply chain and expect great results as problems in one area can easily lead to inefficiency and issues in other stages.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Taulia

JUNE 26, 2023

Blog Expert Advice 8 min read 26 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard The supply chain process: Step by step The supply chain process influences how effectively you manage costs, mitigate risks, and meet customer expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Precoro

APRIL 24, 2023

Establishing resilient supply chains is one of the top priorities for modern businesses, particularly when operating amid geopolitical volatility like the post-Covid aftermath, global repercussions of Russia's invasion of Ukraine, or extreme weather events. What is supplier onboarding?

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

Supply Chain Matters

SEPTEMBER 27, 2023

In this Supply Chain Matters This Week in Supply Chain Tech update, we highlight SAP SE’s announcement of Joule , a natural-language, generative AI copilot. The technology will ultimately be embedded into various SAP Cloud based applications including those supporting supply chain management.

SAP 52

SAP Supply Chain Planning Software Prescriptive Analytics Software Analytics Software 52

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Precoro

MARCH 22, 2023

A smooth-functioning supply chain is vital to meeting buyer expectations. Despite your best supply chain planning, supply chains get disrupted – sometimes moderately and at other times massively. The supply base, no matter how meticulously put together, depends on numerous external factors.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” Are We Really Learning from Our Mistakes? This quote is actually from an article published in July 2011.

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

QAD

AUGUST 18, 2022

A lack of traceability in the drug supply chain is a barrier to progress in all of these areas, but the US Food and Drug Administration (FDA) is working to change that through the Drug Supply Chain Security Act (DSCSA). What is the Drug Supply Chain Security Act (DSCSA)? consumers.”.

Pharmaceutical 94

Pharmaceutical Security Supply Chain Planning Software Supply Chain Software 94

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

Supply Chain Game Changer

FEBRUARY 16, 2020

Subscribe to Supply Chain Game Changer. 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. How To Differentiate With A Supplier Relationship Management (SRM) Program!

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. Brown @TheMichaelBrown Michael D.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

QAD

APRIL 18, 2024

Complex dynamics shape the global automotive industry’s transition towards battery electric vehicles (BEVs). Recent media reports have suggested that the White House has been contemplating responding to political and industry feedback by potentially delaying the stringent EPA fuel economy regulations initially set for 2027-2032.

Material Savings 86

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 86

DynaSys

FEBRUARY 3, 2021

A Three Part Article Series from QAD DynaSys – Supply Chain Organizations Concerns in a Post-Pandemic World. Read Part One 10 COVID-19 Lessons for the Resilient Supply Chain. Discover Part Two The 6 Greatest Challenges to your Supply Chain if you missed them. Global or local supply chain bottlenecks.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

GlobalTranz

SEPTEMBER 28, 2016

In this blog he provides a simple reference guide to better yourself as a supply chain leader. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. Lead Time Reduction in Supply Chain. Key Questions You Should Ask as Supply Chain Leader. 50% improvement) min.

Supply Chain Planning Software 120

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

Unleashed

APRIL 18, 2021

Supply chains play a crucial role in moving goods along to the end user. But as simple supply chains grow into vast and complex networks, how do you make sure yours remains ethical, profitable, and viable in the long term? 6 benefits of a sustainable supply chain. 6 benefits of a sustainable supply chain.

Supply Chain Planning Software 116

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 116

Supply Chain Game Changer

NOVEMBER 7, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55