Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

OCTOBER 15, 2024

Direct Procurement : Milk is collected directly from farmers at the village level. Amul has also implemented a Geographical Information System (GIS) at both ends of the supply chain (milk procurement and marketing). This empowers them to have a stake in the business and share profits. through net-enabled kiosks in the villages.

Optimal Sourcing 290

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 290

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. On top of that, we’ll break down how to approach selecting the right centralized purchasing system for your business needs.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Logistics Viewpoints

FEBRUARY 26, 2025

Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. FDAs Drug Supply Chain Security Act (DSCSA) and global standards like ISO 20400 for sustainable procurement are driving companies to adopt blockchain for improved compliance and accountability.

Supply Chain Software 220

Supply Chain Software Pharmaceutical Supply Chain Network Software Optimal Sourcing 220

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logistics Viewpoints

FEBRUARY 24, 2025

They offer software systems and technology for complex integration, rapid application development, and advanced analytics and sell those solutions to companies that need to accelerate optimized business outcomes. They also used these technologies to build healthcare information systems and have achieved considerable success in that industry.

Supply Chain Planning Software 294

Supply Chain Planning Software Prescriptive Analytics Software Agile and Lean Supply Chain Modeling 294

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!

Optimal Sourcing 239

Optimal Sourcing Procurement Sourcing Strategies Resource Reduction 239

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Export and import of certain hazardous wastes.

Supply Chain Design Software 244

Supply Chain Design Software Optimal Sourcing Supply Chain Software Procurement 244

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Manufacturing Procurement 244

Manufacturing Procurement Optimal Sourcing Supply Chain Disruption Supply Chain Planning Software 244

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

APRIL 2, 2025

Planners evolved in the 1980s when planning systems were not scalable and memory was expensive. We have not designed the planning systems to serve managers, directors, and vice presidents, aiming to improve decision-making and collaboration across the source, make, and deliver processes. Which makes me ask, why AI Stupid?

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Optimal Sourcing 246

Optimal Sourcing Supply Chain Software Procurement Sourcing Strategies 246

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Bristlecone

FEBRUARY 6, 2025

In today’s interconnected world, ethical sourcing has transitioned from a “nice-to-have” to a critical imperative for businesses across all sectors. This heightened awareness places a significant responsibility on procurement professionals to ensure that their supply chains align with ethical and environmental standards.

Optimal Sourcing 59

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Planning Software 59

Logistics Viewpoints

JANUARY 29, 2025

Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. Traditional GTC systems could benefit from being supported by a global supply chain knowledge graph, allowing them to expand their services and potentially avoid obsolescence due to newer, advanced solutions.

Study 278

Study Global Supply Chain Planning Software Modeling Software 278

Logistics Viewpoints

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. There was also a realignment.

Boston 306

Boston Purchasing Skills Sourcing Strategies Sourcing 306

ivalua

MARCH 31, 2020

Lack of system integrations and actionable insights are stopping organizations from accurately measuring performance. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.

Supply Chain Planning Software 47

Supply Chain Planning Software Optimal Sourcing Study Supply Chain Software 47

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

The Logistics of Logistics

MARCH 21, 2025

John is CEO of FreightPath, an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. FreightPath is renowned for its innovative cloud-based learning management system and candidate recruitment solutions tailored for the logistics industry.

Sourcing Strategies 183

Sourcing Strategies Resource Reduction Cost Reduction Strategies Supply Chain Strategy 183

Jaggaer

APRIL 9, 2025

Choosing the Right ERP System for Manufacturing: Key Features to Consider Enterprise Resource Planning (ERP) is a cornerstone of modern manufacturing, bringing together core business functions to improve operational efficiency. A closer look at these functions reveals how ERP streamlines operations and supports long-term growth.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 52

Procurement Academy

FEBRUARY 4, 2025

Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Buyer Training Optimal Sourcing 59

Logistics Viewpoints

DECEMBER 2, 2024

We have all our factories, both in-house and outsourced, all of our distribution centers, and our transportation network on the Blue Yonder foundational system. As an example, if we have congested lanes, the system will automatically flag that we have a potential risk of delay based. We now have complete visibility of our supply chain.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 287

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 286

Prescriptive Analytics Software Supply Chain Software Predictive Analytics Software Forecasting Software 286

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. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 314

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 314

Supply Chain Shaman

APRIL 18, 2023

During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Build in-market sourcing. Shift in cycles. What Is the Value of A Network?

Supply Chain Planning Software 401

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 401

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

Supply Chain Shaman

DECEMBER 15, 2022

In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Layering CRM and SRM on top of ERP made sales and procurement more efficient but less effective in working with trading partners and serving the organization.

Manufacturing Procurement 396

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 396

Logistics Viewpoints

JULY 23, 2024

Define business objectives: Clearly define the business objectives and key performance indicators (KPIs) that your AI-driven supply chain management system aims to optimize. Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals.

Optimal Sourcing 312

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 312

The Logistics of Logistics

NOVEMBER 15, 2023

Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.

Optimal Sourcing 289

Optimal Sourcing Analytics Software Optimization Software Supply Chain Network Software 289

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Taulia

NOVEMBER 8, 2024

This blog highlights key strategies from these recent forums on sustainable procurement and practical tips to achieve impactful results. Policies include a net-zero strategy to decarbonize the UK economy by 2050 and a commitment to achieve a fully decarbonized electricity system by 2035. C above pre-industrial levels.”

Supply Chain Planning Software 98

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

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. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 325

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Modeling 325

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.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Buyer Training Supply Chain Planning Software 52

ivalua

MAY 31, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Procurement Solutions 246

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 246

Logistics Viewpoints

OCTOBER 10, 2022

Autoliv is the world’s largest safety system supplier in automotive industry. in turn, is a boutique procurement consultancy. Autoliv is the largest supplier of safety systems to the automotive industry. It will link all initiatives within the supply chain function and be enabled by our digital solutions and all data sources.

Supply Chain Risk Management 298

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 298