Supply Chain Game Changer

JULY 10, 2019

Supplier Collaboration is a Win-Win Strategy! Supplier Relationship Management (SRM) is the hallmark of the Modern Procurement Function. In this article we are providing our list of 10 strategies for effective Supplier Relationship Management: Understand and Accommodate Supplier Interest.

Optimal Sourcing 67

Optimal Sourcing Supply Chain Strategy Manufacturing Procurement Strategy 67

Supply Chain Shaman

MAY 15, 2023

Mondays are my day to post my Shaman blog and compose a podcast. The Shaman blog is now over eleven years old. Over 28,000 readers read this blog. We are trying to assess the value of a network in managing contract manufacturing.) Current Organizational Alignment Let’s take the example of supplier development.

Manufacturing Procurement 436

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 436

Supply Chain Opz

MARCH 21, 2014

Managing the smooth flow of material and information in global supply chain context has been a business challenge for many years and many companies tries to find the new ways to take the advantage of the shift of global economy. To drive cost of generic products down, using overseas suppliers is a very good option.

SCM 263

SCM Global Supply Chain Resource Reduction 263

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. Supply chain design can help identify and flag such capacity and capability gaps.

Supply Chain Design Software 232

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 232

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. Let’s explore further.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Create speed and transparency.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain View from the Field

JANUARY 28, 2014

A lot of terminology is being thrown in pubic forums, using terms such as collaboration, partnering, relationship management, and other themes. To begin with, let’s try to map out what we mean when we talk about “Supplier Relationship Management”.

Negotiating Skills 76

Negotiating Skills Manufacturing Procurement Buyer Training Optimal Sourcing 76

QAD

OCTOBER 24, 2023

Numerous forces drive your organization’s need for visibility across supplier activities. Global demand and supply chain networks naturally include distance, cultural, time-zone, tariff, geopolitical and other types of challenges when working with suppliers.

Supplier Management 94

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 94

Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by Michael Massetti, Executive Partner at Gartner, and permission to publish here provided by Michael Massetti. Check out Supplier Collaboration is a Win-Win Strategy! This is clearly not the case in the world of supplier management. Supplier Relationship Program (SRP).

Material Savings 44

Material Savings Cost Reduction Strategies Manufacturing Procurement Inventory Reduction 44

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. The Challenge: Siloed Inventory Data and Lack of Visibility One of the primary obstacles in inventory management is the prevalence of siloed data across multiple execution systems.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

GlobalTranz

JULY 5, 2016

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our first post covered the Top 5 Freight Management blogs of 2016. Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

NC State SCRC

OCTOBER 22, 2019

Engagement – have you got your key stakeholders on board – and the three key stakeholder groups include suppliers, operational stakeholders, and the business. But most companies have NOT done a good job of recognizing voice of the supplier? Governance – is there a solid approach for supplier segmentation?

Negotiating Skills 45

Negotiating Skills Purchasing Training Buyer Training Optimal Sourcing 45

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. It directly affects the bottom line, making it crucial to manage effectively.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Supply Chain Shaman

JULY 13, 2023

Using a knowledge graph (versus a relational database model), companies can analyze shifts in relationship webs, instead of seeing data in separate tables. Relationship Management. Today, companies are blind to relationship flows in their networks. Relationship visibility is also needed in the management of ESG plans.

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Planning 326

ProcurePort

OCTOBER 25, 2023

• Vendor management is essential for cost efficiency, quality assurance, risk mitigation, and fostering innovation through collaborative relationships with suppliers.

Vendor Strategies 52

Vendor Strategies Procurement Cost Reduction Strategies Supply Chain Strategy 52

Supply Chain Shaman

JULY 23, 2023

For the purposes of this blog, market data is channel, logistics, and supplier data generated outside the organization.) The model recognizes that relationships are not linear and focuses on synchronization and harmonization with the goal to improve interoperability between trading partners.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 330

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. Collaborative processes transform a typical transaction-based association with suppliers into two-way-access and a mutually beneficial relationship.

Manufacturing Procurement 95

Manufacturing Procurement Supply and Demand Inventory Reduction Demand Planning Software 95

GlobalTranz

AUGUST 10, 2015

We continue our "Most Popular Blog Posts of 2015.So So Far" series today highlighting supply chain blog posts. On the Cerasis blog, our goal is to offer tips, news, best practices, and trends so you, the reader, find a lot of value in our expertise. Most Popular Supply Chain Blog Posts from the Cerasis Blog for 2015 So Far.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Inventory Reduction 120

Supply Chain Opz

MARCH 21, 2014

Managing the smooth flow of material and information in global supply chain context has been a business challenge for many years and many companies tries to find the new ways to take the advantage of the shift of global economy. To drive cost of generic products down, using overseas suppliers is a very good option.

SCM 153

SCM Global Supply Chain Resource Reduction 153

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. It involves collaborating with suppliers to create long-term relationships that benefit both parties.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Gravity Supply Chain

JANUARY 19, 2023

It involves the coordination and integration of various activities and processes to ensure the delivery of products and services from suppliers to customers in a timely and cost-effective manner. Poor Cross Border Trading Another barrier that can slow down supply chains is related to importing goods from overseas suppliers.

Sourcing Strategies 52

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

ivalua

APRIL 8, 2020

As we have already seen in a former blog , enterprises often fail at maximizing the value of collaborating with smaller companies. Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. It all starts with building up a transparent relationship.

Supplier Management 147

Supplier Management Sourcing Strategies Optimal Sourcing Cost Reduction Strategies 147

QAD

JUNE 8, 2023

Michael says that ESG can be a lens through which you build resiliency by reducing waste, managing risk and strengthening your information-to-action pipeline. appeared first on QAD Blog. Michael cited two studies pointing toward companies seeing above-average financial results after integrating ESG into their strategic plans.

Waste Reduction 88

Waste Reduction Material Savings Resource Reduction Price Reduction 88

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, It makes supply chain risk management more proactive and helps customers mature their SCRM programs.

Predictive Analytics Software 97

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 97

Resilinc

APRIL 17, 2024

In the intricate web of modern supply chain management, efficiency often guides decision-making. With lockdowns across the globe and major port backlogs, many companies realized too late that the key parts and materials they needed often came from one small supplier or factory. If something were to happen in Taiwan—like the recent 7.4

Sourcing Strategies 101

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 101

ToolsGroup

JANUARY 6, 2022

Take it from DuddetteWithASign ’s Instagram post: Despite all those supply chain headlines, businesses learned to cope, finding ways to manage supply chain shortages. Lesson #1: Global supply chain challenges have businesses turning to local suppliers. Lesson #3: The need for supply chain management software.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

QAD

JANUARY 24, 2023

Due Diligence from the Source Collaborative supplier relationships cut supply risks and result in a greatly beneficial relationship for all parties involved. The needed connectivity between manufacturers and suppliers means relying on increased digitized processes and solutions.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

ivalua

AUGUST 21, 2022

Among these practices are supplier identification through sourcing, relationship management, and reporting. Data-driven approaches in which all parts of the supply chain are readily available to heads of procurement is essential for extracting actionable insights and crafting effective spend management solutions.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

QAD

JUNE 29, 2021

Those procurement leaders with forward-thinking supplier management strategies that utilize digital technology fared better than others, according to QAD’s Brent Dawkins in his article , “3 Ways Procurement Benefits from Digital Transformation” in Manufacturing.net. For too many enterprises, obstacles to digital transformation persist.

Optimal Sourcing 94

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Prescriptive Analytics Software 94

QAD

JULY 21, 2022

What is it and what can we do to strengthen supplier relationships, improve demand and supply chain planning, and simplify supplier collaboration? But a just-in-time philosophy can leave companies empty-handed when suppliers misjudge volatile demand signals.”. Integrated Supplier Management.

Price Reduction 95

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 95

QAD

JUNE 27, 2023

Supplier development refers to the collaborative efforts aimed at enhancing the capabilities and competitiveness of crucial and strategic suppliers. The objective is to improve various aspects such as cost, quality, cycle times and technology for the mutual benefit of both the manufacturer and the supplier.

Cost Reduction Strategies 94

Cost Reduction Strategies Resource Reduction Price Reduction Material Savings 94

GlobalTranz

JULY 28, 2021

Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. How Managed Transportation Enables Ongoing Optimization Across Your Network.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

QAD

NOVEMBER 8, 2022

Jennifer focuses on four supply chain approaches to meet quality and efficiency targets and achieve production promises: Broadening multi-sourcing and the use of near shore suppliers. Expanding supplier relationships. Broadening Multi-Sourcing and the Use of Near Shore Suppliers. Expanding Supplier Relationships.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96