Xeeva

OCTOBER 10, 2022

Insight Plum is a Procurement Technology firm based out of Dubai and is the world’s leading […]. The post Insight Plum & Xeeva Partner Showcase – Supply Chain Disruption, ESG in Procurement and Data Transformation appeared first on Xeeva.

Supply Chain Disruption 81

Supply Chain Disruption Procurement Solutions Procurement Supply Chain Software 81

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 88

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 88

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 95

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 95

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Procurement Solutions 130

Procurement Solutions Procurement Sourcing Strategies Purchasing Skills 130

QAD

OCTOBER 26, 2023

Supply chain disruptions have led many discussions the past couple years — and how they have been embraced by experts as the new normal. However, it is important to remember that the supply chain has always been vulnerable. For example, parcel shipping software does much more than simply produce shipping labels.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 98

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 66

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 52

Proxima

JUNE 5, 2023

It is now relatively safe to say this period has passed – for months now we have been seeing an increase in manufacturing and logistics capacities, as the strategies firms have deployed to counteract supply chain disruption begin to bear fruit. Yet while this is true, it doesn’t much feel like it to the average consumer.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Purchasing Skills Manufacturing Procurement 52

QAD

MAY 23, 2023

ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 98

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 98

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

Synovos

FEBRUARY 21, 2023

Importance of Supplier Relationships in Indirect Procurement Challenging times call for closer relationships between organizations and their MRO suppliers Strong and successful indirect procurement strategies depend on strong and successful supplier relationships. Indirect procurement can be somewhat hidden, though.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

The Logistics of Logistics

OCTOBER 19, 2022

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc is a serial entrepreneur, specializing in applying advanced artificial intelligence and IoT to the supply chain industry.

Optimal Sourcing 222

Optimal Sourcing Procurement Solutions Logistics Network Optimization Software Boston 222

HICX Solutions

JANUARY 13, 2023

In this episode of Supplier Experience Live Podcast from HICX, we welcomed Canda Rozier , a Procurement Evangelist and Consultant. She also often contributes to sourcing industry publications, speaks at procurement conferences and events globally and is winner of the 2019 Sourcing Star Award of the SIG Future of Sourcing Award.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Supply Chain Software 52

ThroughPut

JULY 4, 2024

The best inventory management software, powered by these advanced technologies, can not only assist you with daily tasks but also support business-level strategic planning. In this article, we’ll explore the top inventory management software with AI capabilities for enterprises in 2024. What Is a Modern Inventory Management Software?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

BlueYonder

SEPTEMBER 26, 2022

In a series of blog articles, the Product/Solution Marketing team explores innovative solutions to guard against supply chain disruptions. In Part 1 of our conversation around disruptions, we highlighted that the unexpected is becoming far more commonplace across the supply chain.

Supply Chain Disruption 56

Supply Chain Disruption Warehousing Agile and Lean Supply Chain Supply Chain Planning Software 56

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. Should they be moving away from a Just in Time procurement method to Just in Case?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. In many cases, new companies start with simple sourcing to get the procurement process rolling.

Negotiating Skills 88

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 88

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions? Here are some examples to consider for your business.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Resilinc

MARCH 26, 2024

Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. How does Resilinc use regression models?

Modeling 110

Modeling Supply Chain Risk Management Modeling Software Risk Management 110

Supply Chain Matters

MAY 31, 2022

Supply Chain Matters readers are well aware that the looking glass for an organization’s overall supply chain performance is intense right now, especially when C-Suite executives feel the heat from investors and board rooms. Stellantis Senior Procurement Leadership Change. All rights reserved. .

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. What is a Make vs Buy Analysis?

Optimal Sourcing 88

Optimal Sourcing Analysis Material Savings Supply Chain Software 88

Jaggaer

OCTOBER 3, 2024

A Response (Part 1) The annual CPO Agenda from the Hackett Group always makes fascinating reading, as it reveals the changing priorities of the world’s procurement leaders. Ensuring supply continuity moves down a place and combating inflationary pressures is at number three. This is impossible using manual methods or rudimentary tools.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Groups 52

Logistics Viewpoints

MAY 3, 2023

At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with John Delligatti, Director of Digital Supply Chain Transformation at SDI , to discuss the pandemic, Maintenance, Repair and Operations (MRO), and the future of supply chain management.

Supply Chain Design 178

Supply Chain Design Supply Chain Planning Supply Chain Supply and Demand 178

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. This can lead to dual sourcing and more competition among suppliers, ultimately reducing procurement costs and ensuring higher product quality. However, when you buy something, you may not always know all the suppliers that offer a particular product.

Negotiate Pricing 128

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 128

QAD

MAY 24, 2023

Digital technology is essential to connecting the universe of supply chain management partners. Supply chain leaders need effective tools to share real-time information across networks of suppliers, customers, carriers, distributors, and government agencies.

Supply Chain Planning Software 52

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supply chain management. Procurement.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

EazyStock

FEBRUARY 15, 2021

The tool is now available on Microsoft AppSource for instant download. . Dynamics 365 Business Central is a comprehensive business management cloud solution and Microsoft’s newest ERP to the market. EazyStock , like Business Central, is a cloud-based solution. To learn more, please contact media@eazystock.com. ###.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Optimal Sourcing Forecasting Software 52

Supply Chain Matters

JULY 5, 2022

Supply chain technology industry analyst and Supply Chain Matters Founder Bob Ferrari provides added perspectives and highlights to last week’s announced acquisition of Starboard Solutions by Logility. This was not the first acquisition of a promising supply chain network design technology provider.

Network Design Software 52

Network Design Software Procurement Solutions Supply Chain Design Software Modeling 52

SCMDOJO

SEPTEMBER 8, 2023

MRP plays a pivotal role in achieving this balance: Inventory Optimization : MRP ensures that businesses have just the right amount of inventory—neither too much that it leads to increased holding costs, nor too little that it disrupts production. This metric ensures that production and purchasing activities are timely and efficient.

Procurement Analytics 97

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 97

Taulia

FEBRUARY 27, 2024

A guide to digital supply chain management The emergence of tools and techniques that facilitate digital supply chain management has opened up brand new possibilities for companies looking to make the most of their supply chains. Here’s everything you need to know about it.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. OTR freight represents a long-standing aspect of supply chain operations and transportation management. As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Logility

OCTOBER 21, 2021

In light of both compliance standards and consumer preferences, non-sustainable supply chains create business risks, including higher chances for reputational damage and supply chain disruptions due to ecological collapses or international embargos. Avoid supply chain disruptions.

Optimal Sourcing 205

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 205