EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. 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. The two must work together to keep the source-to-contract process flow working effectively. .

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 96

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 96

Unleashed

NOVEMBER 26, 2023

Unleashed software is an inventory management system that helps businesses be more efficient in their daily operations. This guide presents a complete overview of Unleashed software: What it is, who it’s for, and the core features and benefits of Unleashed for businesses. What is Unleashed software?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Procurement Solutions 130

Procurement Solutions Procurement Sourcing Strategies Resource Reduction 130

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs. What is Supply Chain Optimization?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Matters

JANUARY 11, 2023

In July of 2022, Supply Chain Matters provided our readers added perspectives and highlights regarding supply chain planning technology provider Logility’s acquisition of supply chain network design technology start-up Starboard Solutions. Evolution of Supply Chain Network Design Technology.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

My Office Apps

MARCH 23, 2023

Cloud-based ERP Software: What Is It and How It Works? Businesses are in need of a digital transformation that can only be brought about by becoming globally connected, advanced, and competitive by focusing on software systems and tools updates, immediate access to real-time data, and implementing various growth initiatives.

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Management Software Supply Chain Network Software Optimization Software 69

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Supply Chain Shaman

SEPTEMBER 13, 2023

In a recent blog post, I was challenged by Anna. ” Anna, this blog post is for you. ” Anna, this blog post is for you. I know that your primary focus is procurement. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity.

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

ToolsGroup

JULY 19, 2023

A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Good news – this exists.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

QAD

MAY 26, 2021

Founded in 1979, QAD began as a small startup solution working with local companies to address a large gap in complete, integrated business software for manufacturing companies. As manufacturing businesses took their brands globally, we adapted quickly to keep up and our software has adapted as well. Financials Management.

Procurement Solutions 52

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

EC Sourcing Group

MAY 3, 2023

When we make more environmentally friendly sourcing choices, we can reduce greenhouse gas emissions and minimize our impact on the environment. In our previous blog post, we discussed the benefits of sourcing locally. Unsurprisingly, technology has a role to play in green supplier selection.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Procurement Solutions 52

Supply Chain Opz

OCTOBER 5, 2016

To help you become successful, we have put together 50 online resources that you will definitely find helpful. Resources: Data.gov 2. Resource: Google Public Data 3. Resource: Pew Research Center 4. Resource: ArcGIS Open Data 5. Resource: Think with Google 6. Resource: Commodity Flow Survey 7.

Resource Reduction 124

Resource Reduction Resources Supply Chain Planning Software Supply Chain Software 124

Herlitz Inventory Management

JANUARY 18, 2023

Demand forecasting is a vital activity for wholesale and retail purchasing teams. Demand is very difficult to accurately predict without the proper tools. Purchasing and inventory management systems help buyers create more accurate forecasts. This enables buyers to pivot and source the missing SKUs from other vendors instead.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Procurement Solutions 52

Supply Chain Game Changer

FEBRUARY 5, 2020

What’s the Difference between Procurement and Purchasing? Why Procurement Transformation Fail article created by, and permission to publish here provided by, Jill Button at [link]. There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. Infographic).

Procurement Solutions 70

Procurement Solutions Negotiate Pricing Negotiating Skills Procurement 70

DynaSys

AUGUST 31, 2021

But, the trickiness of collecting data comes mainly from pulling it from all the sources of data for demand planning as well as unifying the data. You also might have different departments using different tools to house their information. But what do each of these tools do? But what do each of these tools do?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Gravity Supply Chain

JANUARY 19, 2023

To combat this issue, businesses should invest in technology like enterprise resource planning (ERP) systems or radio frequency identification (RFID) tags that provide real-time data on product movement throughout the supply chain. Image source Also, numerous regulatory requirements must be met when transporting goods across borders.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

QAD

JANUARY 19, 2023

This process covers anything in direct relation, from individual employees to organizations, information and resources. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management software helps to forecast demand and plan ahead through data and analytics.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 94

Arena Solutions

MAY 22, 2023

From engineering, quality, and procurement to suppliers and contract manufacturers—everyone must work off the same design to ensure that the right parts get sourced, the proper assembly lines and tooling are in place, and the product meets customer expectations. There are many players involved in the product development process.

Supply Chain Design Software 78

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Modeling Software 78

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

SCMDOJO

JANUARY 17, 2024

If you’re an undeclared freshman, this is the blog post for you. A logistics resource planner coordinates workers and transport fleets to fulfill customers’ orders. They are in charge of purchasing, procurement, and sourcing. But what’s the difference between those career paths?

Negotiating Skills 70

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 70

SCMDOJO

NOVEMBER 2, 2023

It guarantees the smooth movement of commodities, services, and financial resources, enabling businesses to flourish in cutthroat markets. We introduce the top 20 supply chain specialist you should hire in this blog. Hire any of them as your supply chain consultant and see the difference!

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

QAD

FEBRUARY 21, 2023

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. Or, as one QAD client stated , “The YFAI India plant and all our suppliers can now plan resources, machines, manpower, everything – based on these updatable schedules.

Manufacturing Procurement 94

Manufacturing Procurement Supply and Demand Inventory Reduction Demand Planning Software 94

EC Sourcing Group

JULY 5, 2022

The process of spend analysis has specific goals of efficiency and saving money by increasing visibility into spend, which can decrease overall procurement costs. is vital to procurement and the supply chain. We’ll also cover why choosing the right spend analysis software is critical to success. Some include: Licensed software.

Analysis 52

Analysis Analytics Software Supply Chain Design Software Supply Chain Planning Software 52

SYSPRO Smarter ERP

MAY 2, 2024

Together, these factors will change the way manufacturers view the potential of ERP software. million companies are expected to spend $183 billion on ERP software over the next 12 months. of total IT software spend, and 5% of overall IT spending. It’s a sizable market, with research conducted by HG Insights stating that 1.4

Forecasting Software 59

Forecasting Software Supply Chain Planning Software Modeling Software Analytics Software 59

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. Procurement’s Role Did Become More Important.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase. It’s true that returns cost retailers money.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

GlobalTranz

SEPTEMBER 23, 2021

The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ivalua

MAY 9, 2023

But, the competitive landscape for procurement software is very different. As a result, the procurement software offered to public companies has been able to live in parallel with the private market; its evolution has been very focused on compliance with public procurement regulations. Where to Start?

Vendor Strategies 246

Vendor Strategies Procurement Solutions Manufacturing Procurement Sourcing Strategies 246

OptiProERP

FEBRUARY 25, 2019

As research indicates 1 , an increasingly competitive market compels organizations to adopt ERP solutions in order to keep pace with their competitors. The demand for ERP software is expected to grow rapidly. The difference between Accounting Software and ERP Software. It’s important to understand the difference.

Inventory Management Software 71

Inventory Management Software Supply Chain Planning Software Procurement Solutions Forecasting Software 71

ToolsGroup

FEBRUARY 18, 2022

Image source: Google Trends, as of Feb. Image source: 9 News Twitter. Image source: Mashed. Among other tactics, retailers attempting to weather the chicken shortage are using a combination of supply chain planning technologies including demand forecasting and promotional tools. Why Is There a Chicken Shortage?

Purchasing Skills 386

Purchasing Skills Price Reduction Supply Chain Planning Software Inventory Reduction 386

Supply Chain Game Changer

DECEMBER 13, 2018

What’s the Difference between Procurement and Purchasing? Over these past 28 years of my career in Procurement (yes I started when I was 12), I’ve had the privilege and pain of seeing, not just procurement, but many different types of Transformation initiatives succeed and, unfortunately, fail. Email Address.

Procurement Solutions 59

Procurement Solutions Negotiate Pricing Negotiating Skills Procurement 59

QAD

NOVEMBER 16, 2023

Packaging changes have impacted the procurement, manufacturing and distribution processes of organizations. The transformation has touched all inventory levels from material sourcing to end product delivery. Many consumers will not purchase products from manufacturers who do not have and demonstrate a sustainable footprint.

Packaging 95

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 95