Sourcing Strategies Related Topics 
ivalua
FEBRUARY 10, 2023
One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.
DELMIA Quintiq
OCTOBER 11, 2021
The way forward implies resiliency in all aspects of the business, and for manufacturing in particular, this means implementing the right strategies as stepping stones to build and drive strategic flexibility. The answer lies in a digital transformation strategy that delivers optimal ways of working. How can this be achieved?
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Logistics Viewpoints
AUGUST 29, 2024
In the dynamic landscape of modern supply chains, one of the key challenges is the efficient management of resources to eliminate waste and enhance overall productivity. Packing efficiently is essential for maximizing storage capacity and minimizing waste in the warehouse. With 90% of items shipped in the U.S.
Logistics Viewpoints
FEBRUARY 20, 2024
That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.
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ivalua
AUGUST 21, 2022
Among these practices are supplier identification through sourcing, relationship management, and reporting. Strategies to Improve Sustainability in Procurement. 55% of our respondents cited collaboration with all stakeholders to set improvement goals as top strategy to improve sustainability.
Logistics Viewpoints
NOVEMBER 26, 2024
Companies must harness a wide variety of data structures and formats, spanning internal and external sources. Alex Pradhan is the Global Product Strategy Leader and Member of the Executive Leadership team at John Galt Solutions. The Key to Unlocking the Power of Your Supply Chain Data Strategy appeared first on Logistics Viewpoints.
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Advertiser: GEP
In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.
Advertiser: GEP
By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? The What, Why and How of Total Procurement Orchestration details how a multi-level orchestration strategy streamlines procurement processes.
Advertiser: ZoomInfo
That's where ZoomInfo Recruiter comes in, helping bridge the gap when job sourcing and communication efforts stall on LinkedIn.
Advertiser: GEP
Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.
Advertiser: GEP
What’s Inside: Exploring the importance of having a dedicated buy-side contracting team Leveraging tools to enhance efficiency and empower the legal and sourcing teams Establishing processes to gather and analyze contract data to spot trends
Advertiser: GEP
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.
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