ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

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

Precoro

DECEMBER 11, 2023

In this blog post, we explore what constitutes the strategic sourcing process, how to design and execute such a process, and how it can help your organization thrive. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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 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

Claritum

FEBRUARY 24, 2020

Claritum Article - Procurement Blog. Typical steps associated with a project purchasing process. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. when should I use it?

Manufacturing Procurement 41

Manufacturing Procurement Procurement Solutions Optimal Sourcing Purchasing Skills 41

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. Tailor the right digital and interpersonal tools to every obstacle. Yet, so often, purchasing and sourcing teams have to rely on manual processes and outdated tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimal Sourcing 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. Dig Into the Software.

Procurement Solutions 52

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

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Why RFIs Fall Short .

Procurement Solutions 156

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 156

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

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. RFPs become RFSs (Requests for Solution), and people speak less about TCO and more about TVO (Total Value of Ownership). Subscribe Here!

Procurement Solutions 50

Procurement Solutions Procurement Purchasing Training Negotiating Skills 50

SYSPRO Smarter ERP

OCTOBER 9, 2023

Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. The question company managers face is what software solution can help them keep machines busy as well as monitor performance and progress in their areas of concern.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

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

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. Virtual Procurement Agents.

Analytics Software 36

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

QAD

AUGUST 16, 2022

All these posts point to the need for visibility and solutions that foster collaboration in the supplier ecosystem. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Users can access a variety of QAD tools and solutions: .

Optimal Sourcing 93

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design 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

EC Sourcing Group

DECEMBER 5, 2022

Compliance is one of the essential pieces of procurement management. It’s important to ensure that your vendors meet your company’s standards regarding all contracts and purchase orders. Having the right source-to-contract software truly expedites the process and aids in strategic and contract sourcing.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

EC Sourcing Group

MAY 3, 2023

In our previous blog post, we discussed the benefits of sourcing locally. eSourcing tools , like those offered by Simfoni , can automate the process and help sourcing managers make better, data-driven decisions. Additionally, eSourcing tools can incorporate criteria specifically focused on reducing a company’s carbon footprint.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Procurement Solutions 52

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

NC State SCRC

JANUARY 2, 2024

Running a Purchasing Cooperative involves many stakeholders! As President and CEO Restaurant Supply Chain Solutions (RSCS) , Todd Imhoff is responsible for all aspects of RSCS’s business strategy, overseeing the quick-service restaurant industry’s largest supply chain cooperative. Exclusively representing the iconic YUM!

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Design 52

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

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. Read more of Michael’s expert reasoning on ESG in the full article in Solutions Review.

Waste Reduction 87

Waste Reduction Material Savings Resource Reduction Price Reduction 87

QAD

APRIL 22, 2021

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Manufacturers face ongoing challenges in selecting the optimal source of supply for the many materials, products and services they procure. Boost Long-term Supplier Relationships.

Manufacturing Procurement 82

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 82

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

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

QAD

NOVEMBER 16, 2023

Changes in product packaging have been influenced by various factors, including consumer preferences, sustainability goals, and environmental, social, and governance ( ESG ) considerations. Packaging changes have impacted the procurement, manufacturing and distribution processes of organizations. It still is.

Packaging 95

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 95

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. Here’s an overview of the important criteria to consider when searching for a solution: What is the Industrial Breadth of the Solution? Your organization may know very little about many of these industries, especially when it comes to risk and CSR.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

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. Development of the solution continued.

Sustainability 52

Sustainability Optimal Sourcing Procurement Solutions Optimization Software 52

HICX Solutions

JANUARY 27, 2023

The most important areas of the Supplier Lifecycle Management process are focused on merging two of the key procurement cycles: Procure-to-pay Source-to-contract Those responsible for managing the organization’s Procurement can combine suppliers’ master data and procurement and sourcing cycles to deliver streamlined and enhanced workflows.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Procurement Solutions 52

ThroughPut

FEBRUARY 2, 2024

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. Data Quality and Governance : Ensuring the quality and consistency of data is paramount. Data governance policies need to be established to maintain data integrity, accuracy, and security.

Prescriptive Analytics Software 52

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

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

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

Enterra Insights

SEPTEMBER 29, 2021

… Consumer purchases and decisions will increasingly be voice-driven and machine-augmented, with companies’ relationship with customers machine-to-machine, values-based and digital-first.” At Enterra Solutions ®, we call this concurrent planning. Wong and Steinberg report, “Change in consumer demand is accelerating.

Supply Chain Planning Software 130

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

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

My Office Apps

JULY 22, 2021

There is a persistent notion that business owners of all kinds are saving time and money by not learning new software. Medical service businesses have stock tightly regulated by many government agencies, on top of perishable, condition-specific, and consumable inventory that all require special consideration.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

EazyStock

DECEMBER 17, 2019

Green supply chains are the key to 2020 as consumers continue to call for environmental practices and global governments seek to add environmental legislation. One notable example is Amazon, who uses AI to track customers’ purchasing habits and to use that information to make recommendations for other products. Automation.

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Trends 81

SCMDOJO

MARCH 19, 2023

It is not unexpected that operational risks have become a problem for retail companies, given the development of internet purchasing. This blog post will discuss supply chain security regulations in detail, including how they operate and what kind of standards your company should adopt.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Security Supply Chain Strategy 59

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