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But the chief procurement officer has been made aware of the 10% of suppliers not participating. We created bite-sized videos. Those who had ot viewed the videos, Mr. Gainsford explained, were told, You did not take the training; this will be difficult for you. Training is critical. We took a YouTube approach.
Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Click here!
Why is consistency important, Read more [Video] The Unintended Consequences of Inconsistent Freight Procurement. The post [Video] The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez.
Brian Reed, VP Global Supply Chain Optimization at GEODIS, discusses procurement in the digital age. Podcast version (click to play): The post [Video] Procurement in the Digital Age appeared first on Talking Logistics with Adrian Gonzalez. Podcast version (click to play):
One area where data plays a critical role is in transportation procurement. How does data connect to procurement connect to profitability? That’s the key question that Jake Papa, Read more [Video] Supply Chain’s Most Profitable Four-Letter Word: Data. One area where data plays a critical role is in transportation procurement.
Read more The post [Video] Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez.
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.
Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field. Dive in and discover the power within!
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.
There were different shortages where procurement might be short cycled, or there might be supplier interruptions. If you’re interested in learning how other supply chain leaders are adapting to face different challenges, we’ve created a video series. Video: What’s Driving Change in Supply-Chain Planning?
For procurement professionals, it’s a core skill that’s essential to be well practiced in. Modern e-learning training solutions such as scenario-based training videos, simulations and gamification has made the task of training employees and improving negotiation skills less complex. Negotiation is key to business success.
The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. The first part, where you are doing research into the industry, that’s procurement.
For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.
Digitally transforming inventory management by these means enables you to make the right procurement decisions early in the production process and perform inventory management without interrupting production.
Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement.
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . The gap between procurement and finance is also a factor to consider that creates additional complexity. A New Vision for Amrest. Where to begin?
Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . The gap between procurement and finance is also a factor to consider that creates additional complexity. A New Vision for Amrest. Where to begin?
This learning platform covers every angle of supply chain management, from demand planning and inventory management to supplier relationship management, procurement, and logistics. SCMDOJO doesn’t just offer video courses. Watch videos on SCMDOJO’s YouTube channel to learn more about its products and features! Click here!
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
These courses cover essential topics, from supply chain management fundamentals to specialized areas such as logistics, procurement, and sustainability. SCMDOJO In contrast to Future Learn Supply Chain Courses, SCMDOJO is a platform specifically dedicated to supply chain and procurement professionals and those aspiring to enter the industry.
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?
In case you missed them the first time around or want to watch/read them again, below are the most popular Talking Logistics video episodes and posts we aired/published this year. Top 10 Video Episodes. Leading Practices in Transportation Procurement (2,166 views). What Are Other Shippers Doing?
Watch the video from the article. Practice China Corporate Social Responsibility Procurement Supply Chain Management' “Poor treatment of workers in Chinese factories which make Apple products has been discovered”, as BBC Panorama reports in an article. Is this just another example of the underside of global supply chains ?
Talking Logistics is an online video talk show and blog featuring interviews with industry thought leaders and newsmakers by supply chain and logistics analyst Adrian Gonzalez. The Centre for Logistics and Supply Chain Management is celebrating 35 years of thought leadership in logistics, procurement, and supply chain management.
Suppliers can support company growth as part of the Amrest procurement journey. Part of procurement, driven by finance–payment is a key part of the supply chain partnership. . ESG and the sustainable supply chain is also important within the procurement process. . Part of the Solution. How can Amrest start this journey?
by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers , analysts, and Kinaxis executives. At Teradyne, many components have a lead time stretching over two quarters, and require 26 weeks to procure. And, we’d like to share them!
Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds. In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar.
Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined. Procurement.
Discover how Procure-to-Pay Automation automates supply chain transactions from order through settlement, ensuring everyone involved in a transaction sees the same exact information.
Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms. Intellectual Property Rights.
Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded. Are materials arriving when needed?
Some days when I need a pick-me-up, I watch the videos of Theo Jansen’s Strandbeests. Take a minute and watch the video of the Strandbeest and contrast this effortless movement to what you see in your organization and see if you agree. I like art, and love unusual sculpture. It is carefully designed alignment. Supply Chain Team.
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?
Similar to viewing your favourite music videos on YouTube or follow-up on other exciting programs, a few supply chain YouTube channels are worth subscribing to towards 2023. Professor Rajat Agrawal hosts the current videos on this supply chain YouTube channel. 3) CIPS – Chartered Institute of Procurement and Supply | 16.3k
Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.
As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media. Having a 365-degree view of every vendor in your supply chain is imperative.
Schneider Electric and EcoVadis Christophe Quiquempoix, VP of Sustainable Procurement at Schneider Electric shared his insights during a panel discussion at EcoVadis Sustain Conference 2023. Some of the resources made available to the suppliers included an online digital platform, “Neo Network” that provided training videos.
Companies that outsource procurement and focus on transactional supplier management are less agile and struggle to be adaptable. There will be no videos, but we will be writing up the case studies for our September newsletter. Supplier Development. Supply Chain Planning. The most advanced companies are good at supply chain planning.
This synchronization and access to critical business-level component data directly inside OrCAD X helps engineers reduce late-stage design changes and guarantee timely part procurement. Watch Video Learn more about the Advanced Arena Connector here.
Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement. Watch the video below for Sanish’s comments on: The three important attributes of a business network.
READ BLOG DMG MORI’S SUCCESS STORY DMG MORI’s procurement transformation journey, powered by SAP Ariba, boosted efficiency and streamlined processes. WATCH VIDEO HAPPY THANKSGIVING! Join Peter Baumert as he shares the company’s inspiring journey, set against the stunning backdrop of Lucerne.
For a more comprehensive explanation of this project you can view the video of the panel. Order promising, based on an accurate bill of materials, allows procurement of the necessary raw materials to be kicked off automatically. This closed loop procurement in turn helps ensure products are made on schedule.
Now the unmanned coffee stations transmit POS data every 15 minutes to help forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement; SCP software calculates the refill order requirements nightly for frequent, low-volume deliveries.
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