NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Supply Chain Game Changer

NOVEMBER 22, 2018

Blog post originally published at [link] Permission to publish provided by Theodore T. Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Subscribe Here! Email Address. Landgraf, CEO at Above the Standard ( [link] ).

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

QAD

JUNE 2, 2022

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. It’s often been reported that consumers have been the primary factor in pushing for change in this area.

Manufacturing Procurement 94

Manufacturing Procurement Purchasing Skills Sustainability Cost Reduction Strategies 94

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

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Supply Chain Game Changer

NOVEMBER 15, 2018

Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] Check out the Kodiak Rating blog at [link]. Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Subscribe Here! Email Address.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Supply Chain Matters

FEBRUARY 19, 2024

Supply Chain Matters highlights report that Volkswagen luxury branded vehicles were impounded by U.S. Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

SYSPRO Smarter ERP

OCTOBER 9, 2023

Cost efficiency, quality management and traceability are major issues for companies in this region. Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. Therefore, companies should have a system to collect and consolidate the data for reporting and analysis.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

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.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

QAD

MAY 23, 2023

Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide.

Procurement Solutions 93

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 93

Claritum

JULY 16, 2019

Claritum Article - Procurement Blog. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). Seeking savings and purchasing efficiencies.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Procurement Analytics Software 32

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

NC State SCRC

MARCH 22, 2019

” This session captures the essence of what I believe is wrong with procurement’s relationship with sales. It’s about time that we re-think the sales-procurement relatinship. How has the need for responsive supply chains shifted the role of industrial marketing and procurement?

Negotiate Pricing 56

Negotiate Pricing Procurement Analytics Negotiating Skills Purchasing Skills 56

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Predicting outcomes.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Supply Chain Matters

NOVEMBER 6, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. This simultaneously decreases costs and carbon footprint per unit. appeared first on QAD Blog.

Waste Reduction 87

Waste Reduction Material Savings Resource Reduction Price Reduction 87

Supply Chain Game Changer

NOVEMBER 26, 2018

Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] . Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. Subscribe Here!

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

QAD

MAY 24, 2023

Supply chain leaders need effective tools to share real-time information across networks of suppliers, customers, carriers, distributors, and government agencies. The popularity of cloud options has steadily grown with increasing flexibility and scalability, along with less maintenance and overall costs involved.

Supply Chain Planning Software 52

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

Claritum

SEPTEMBER 27, 2018

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. So how do these differences affect procurement and supply. Introduction.

Optimal Sourcing 36

Optimal Sourcing Procurement Analytics Negotiating Skills Purchasing Skills 36

QAD

AUGUST 16, 2022

Supplier visibility provides analytics and insights to inform your strategy. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. At the same time, procurement organizations can collaborate on accurate and current supplier intelligence.

Optimal Sourcing 93

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 93

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

NC State SCRC

JUNE 24, 2020

I was recently involved in a research discussion with Chris Yukins of George WAshington University’s Law School’s Government Procurement Program, and Thomas Kull from Arizona State University, exploring the impact of the rise of electronic marketplaces in government procurement. GSA will receive a.75

Electronics 45

Electronics Optimal Sourcing Procurement Analytics Purchasing Training 45

EcoVadis

MAY 19, 2016

Procurement technology should make it easy to source ethically. Supply chain transparency is one of the key challenges facing Procurement and Sourcing in the coming years. Governments, consumers, and corporations are calling for new levels of supply chain transparency – and this is no easy task.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

Supply Chain Matters

SEPTEMBER 18, 2023

The Supply Chain Matters blog provides an updated news capsule follow-up relative to major supply chain management and industry developments that we have shared previously on this blog. Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

Supply Chain Game Changer

NOVEMBER 28, 2018

Blog originally published at, and permission to publish here provided by Sam Jenks at, [link]. But, unlocking collaborative supplier innovation requires clearly defined strategies and operations by a sourcing, procurement and/or purchasing team to ensure that suppliers’ competencies are being leveraged to their fullest potential.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

Supply Chain Matters

JULY 11, 2023

The Supply Chain Matters blog highlights Rivian Automotive’s reported operational performance in the latest quarter, but at the same time continued challenges in the months to come. Rivian will be reporting its Q2 financial results after the stock market close of business on August 8 th. billion as compared to $4.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

EC Sourcing Group

JULY 12, 2022

Not all procurement and eSourcing software are created the same—perhaps your current solution lives up to expectations in some areas but the eSourcing module isn’t quite what you need. This is a fairly common problem, as businesses have different priorities and nuanced procurement needs. Do you know which is right for your company?

Procurement Solutions 52

Procurement Solutions Supply Chain Design Software Analytics Software Supply Chain Planning Software 52

EC Sourcing Group

JANUARY 12, 2023

Procurement success is defined by the outcomes. Spend Visibility is the foundation of any mature procurement function because it identifies inefficiencies and areas of opportunity that lead to better decision-making and ultimately, better outcomes. The path to your desired outcomes may seem tricky, but Simfoni can help.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

HICX Solutions

OCTOBER 28, 2021

While the Environmental, Social and Governance (ESG) sustainability movement is not new, it has certainly gained significant momentum recently. Meanwhile, according to a recent Deloitte study , 45% of Gen Z consumers stopped purchasing certain brands because of ethical or sustainability concerns. ESG Sustainability in the 2020s.

Sustainability 52

Sustainability Optimal Sourcing Procurement Solutions Optimization Software 52

Supply Chain Matters

MARCH 5, 2022

The Supply Chain Matters blog features our March 5, 2022 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership. JAGGAER Finalizes Added Strategic Partnership.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Claritum

JUNE 3, 2019

Claritum Article - Procurement Blog. Procurement the barrier to doing business. Poor governance structure. The number of employees procuring outside of any formal procurement structure is increasing. Effectively obscuring the supply chain from Procurement. 2 Procurement the barrier to doing business.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Purchasing Skills Supply Chain Design Software 32

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. No matter what sector your business is in, you will source across dozens or even hundreds of purchasing categories, particularly when you consider indirect spend where many risks can be hidden. How do suppliers CSR performance compare to their peers?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Supply Chain Matters

OCTOBER 6, 2023

Supply Chain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported September PMI reported value 49.1 reflecting a 0.4

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59