Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

EC Sourcing Group

DECEMBER 2, 2021

The list recognizes organizations performing as best-in-class in terms of innovation, market presence, tech competency, and solution delivery. Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study .

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 52

EC Sourcing Group

DECEMBER 2, 2021

The list recognizes organizations performing as best-in-class in terms of innovation, market presence, tech competency, and solution delivery. Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study .

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 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. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Movement

JULY 7, 2016

2nd Global Supply Chain & Innovation Summit. URL: c-parity.com/CP/2nd-annual-global-supply-chain-innovation-summit/. Innovation in Supply Chain Trends for Driving Business Improvement. Innovation in supply chain and procurement management is needed more than ever. But what does supply chain innovation mean?

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Innovation Supply Chain Software Global 60

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Material Handling & Logistics

FEBRUARY 7, 2018

Innovation is an imperative in the business world, but of the tens of thousands of new products launched each year, an estimated 80% to 90% fail. The study surveyed more than 50 leaders at leading companies and identified 16 benchmark organizations for deeper interviews on new product innovation. Printer-friendly version.

Supply Chain Design Software 56

Supply Chain Design Software Supply Chain Planning Software Innovation Supply Chain Strategy 56

Supply Chain Game Changer

NOVEMBER 7, 2019

Technology is applied when needed as a ‘proposition’, typically implemented with an expected result in mind, but often creating an output of impact in an organization- that can too render as disruptive or innovative to the initial digital state of the organization. Digitization vs. Digitalization. Source: Deloitte CPO Survey 2018.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Proxima

MARCH 20, 2023

Our CPO Report showed that the economic downturn isn’t causing procurement leaders to abandon sustainability goals in 2023 but there is no doubt they are in a challenging environment. We have set out focus areas for procurement leaders looking to prioritize minimizing their emissions this year. appeared first on Proxima.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Sustainability 52

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. In a world that rarely plays by the rules, Michael and Stefano embody ToolsGroup’s relentless focus on delivering value to customers,” said ToolsGroup CEO Joseph Shamir. “In About ToolsGroup.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Supply Chain Game Changer

AUGUST 6, 2019

Hey Procurement! Procurement. And all of this is managed by Procurement personnel. In What Exactly is Procurement? Now also consider that companies can spend as much as 75% or more of their revenue on the Procurement of goods and services. Yet in many organizations Procurement is not considered strategic.

Optimal Sourcing 48

Optimal Sourcing Purchasing Skills Negotiating Skills Pricing Training 48

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 50

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. Use of Freight Rate Benchmarking. Negotiation Skills.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Supply Chain Game Changer

NOVEMBER 24, 2018

Then you need Virtual Procurement! We are too small and can’t afford to hire a full-time procurement person. We are busy and just don’t have the time to focus on procurement.”. “We These companies redoubled their efforts, looked hard at their expenses and called upon their procurement organizations for help.

Negotiating Skills 51

Negotiating Skills Purchasing Skills Procurement Solutions Negotiate Pricing 51

EcoVadis

SEPTEMBER 4, 2019

Data from this year’s Sustainable Procurement Barometer shows there’s a clear ROI for moving along the sustainable procurement maturity curve. . The fact that leaders are successfully implementing these policies and tools show how critical they all are for driving higher levels of sustainable procurement performance. .

Supply Chain Planning Software 45

Supply Chain Planning Software Optimal Sourcing Modeling Software Supply Chain Software 45

Talking Logistics

MAY 9, 2019

Driven by customer demand, organizational changes and issues, a focus on sales, customer retention, globalization and other time-consuming challenges, companies are being steered away from supply chain innovation. Decentralized procurement of various logistics services limit leverage opportunity, cost reduction and efficiency enrichments.

Optimal Sourcing 127

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 127

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. Next, the enterprise can set targets.

Cost Reduction Strategies 211

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 211

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

EcoVadis

SEPTEMBER 12, 2019

Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Nearly half of procurement organizations (45 percent) indicated they only have visibility into tier-1 suppliers. The roadblocks are limiting sustainable procurement value and ROI.

Optimal Sourcing 40

Optimal Sourcing Sustainability Procurement Supply Chain Planning Software 40

CormSquare

JANUARY 24, 2017

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. There is plenty to worry about. Cost Reduction. This level is higher than the previous year, 69%.

Procurement Solutions 50

Procurement Solutions Procurement Analytics Cost Reduction Strategies Purchasing Skills 50

EcoVadis

APRIL 17, 2016

Human rights-related risks have re-emerged to grab the spotlight as a top issue for procurement and supply chain professionals in 2016. In a separate effort, KnowTheChain, a partnership led by Humanity United, has released their human rights industry benchmarking program. Click here to sign up for this complimentary webinar. (2)

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Software Benchmarking Supply Chain Strategy 40

Logistics Viewpoints

AUGUST 25, 2021

But machine learning can be used in other innovative ways as well. And finally, have strong consultative capabilities in terms of network design, strategic procurement, and transportation rate benchmarking. Second is to hire, train, and retain the best available talent. Address Outsourcing Risks Head On.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

Jaggaer

JULY 14, 2020

Procurement has developed rapidly in recent years, and with the application of transformative technologies such as artificial intelligence and new challenges such as Covid-19 and changing global trading relationships, the rate of change is likely to accelerate. . So, w hat is the current state of best practice in procurement?

Benchmarking 52

Benchmarking Survey Procurement Innovation 52

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

MIT Supply Chain

MARCH 2, 2021

Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. Currently, the state of the logistics market is measured by the Logistics Performance Index (LPI), a benchmarking tool developed by the World Bank.

Comparison 52

Comparison America Transportation Colombia 52

Logistics Viewpoints

MAY 1, 2023

On April 4 th , Kyle Masters – the senior manager of transportation procurement at Simmons Foods, participated in a webinar hosted by Emerge. The webinar focused on Simmons Food’s approach to transportation procurement. Mr. Masters quickly determined that a procurement event was necessary just to set a baseline.

Food 211

Food Transportation Supply Chain Network Software Logistics Network Optimization Software 211

Requis

NOVEMBER 3, 2022

Similar to the power usage effectiveness (PUE) metric, which catalyzed energy efficiency innovations in data centers, the circularity ratio can drive transformative changes in supply chains. . Notably, effective behavior changes require benchmarking to identify improvement areas and progress.

KPI 52

KPI Global Benchmarking Metrics 52

NC State SCRC

SEPTEMBER 27, 2023

In his current role, he is accountable for several strategic functions, including corporate engineering; capital and infrastructure strategy; corporate real estate; risk management; operations research and global procurement. Number 3 – I always benchmark the performance of any business function I manage, against a broader dataset.

Pharmaceutical 52

Pharmaceutical Supply Chain Design Software Sustainability Supply Chain Design 52

Proxima

JULY 3, 2023

But beyond your ability to excite, engage and support various actors to change, what are some of the pragmatic steps to get started on Scope 3 emissions reduction for procurement and sustainability teams? Finally, a key collaboration opportunity not to be missed is to take The Scope 3 Maturity Benchmark. It’s time to communicate.

Cost Reduction Strategies 52

Cost Reduction Strategies Resource Reduction Supply Chain Planning Software Supply Chain Design Software 52

Enterra Insights

OCTOBER 26, 2023

This data is direct feedback that supply chain managers can leverage to assess what leadership tactics are effective and which fail to drive workforce benchmarks.” Analytics from cloud-based and other technologies provide valuable insights on — and can fiscally quantify — things like employee engagement and productivity.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Supply Chain Movement

SEPTEMBER 26, 2016

This workshop stream will serve as a platform for benchmarking best practices and successful approaches to resolving key P2P goals and obstacles that are on the way to those goals. We will also hear innovations on self-service supplier portal, eCatalogue, andeProcurement in general. Benchmark change management challenges.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

Supply Chain Network

OCTOBER 27, 2017

The research indicates that not only does internal collaboration create financial worth; benchmark companies are leveraging collaboration outside their organizations to create competitive advantages.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Gartner Supply Chain Optimization 101

Supply Chain Collaborator

JUNE 21, 2018

Innovative New Solution Modules, Features and Other Advancements within the Acclaimed UltraShipTMS Platform Earn 2018 Recognition as a Top 100 Supply Chain Provider from a Leading Industry Media Outlet.

Modeling 60

Modeling Supply and Demand Demand Planning Software Supply Chain Software 60