EC Sourcing Group

MAY 3, 2022

As a procurement professional, you want to develop processes based on strategic sourcing and ensure proper supplier evaluation and selection. Multi-currency capabilities. Reverse auction strategies are a must-have in procurement—in most cases. Before starting the reverse bidding process. Compatible with Excel. Multilingual.

Material Savings 52

Material Savings Price Reduction Optimal Sourcing Waste Reduction 52

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). For example, one woman was trading foreign currencies, and took a strong position on Eurodollar.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

ivalua

OCTOBER 24, 2021

With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. By paying suppliers on-time, procurement teams can use payments to build strong, reliable, and performance-driven supply chains.

Cost Reduction Strategies 130

Cost Reduction Strategies Expense Reduction Price Reduction Optimal Sourcing 130

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Game Changer

SEPTEMBER 3, 2022

If somebody jumps from one currency to another with the hope of finding success but not focusing on the pattern of the study and the activities followed in Bitcoin. The currency system allows the people to uplift and, with complete authority, gives their concentration to express those views in cryptocurrency willingly.

Purchasing Skills 91

Purchasing Skills Currency Price Reduction Supply Chain Strategy 91

ivalua

OCTOBER 24, 2021

With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. By paying suppliers on-time, procurement teams can use payments to build strong, reliable, and performance-driven supply chains.

Cost Reduction Strategies 100

Cost Reduction Strategies Expense Reduction Price Reduction Optimal Sourcing 100

Procurement Academy

NOVEMBER 24, 2022

Below, I break down what this means for procurement professionals and how they can respond and thrive in this new environment. How can procurement people operate in this brittle environment? Procurement leaders must be aware of the pressures their teams are under, juggling work demands and personal obligations.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Buyer Training Supply Chain Network Software 52

Supply Chain Game Changer

JUNE 14, 2021

Talking about digital currency we hear a lot about Bitcoin and Ethereum. These two remain the popular choices when it comes to choosing digital currency. Both digital currencies are the same in different ways. Digital currencies are seen getting managed the best ways, and it can even be debated. Ethereum Basics.

Currency 52

Currency Supply Chain Network Software Supply Chain Software eBook 52

EC Sourcing Group

SEPTEMBER 7, 2021

The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management. You’re using all the same currency. Read on to learn how. Data cleanup.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

Supply Chain Matters

JANUARY 24, 2024

For the SAP S/4 HANA Cloud segment, total backlog was reported as €5 billion, up 61 percent in constant currencies. billion at constant currencies, an increase of between 24 percent to 27 percent, compared to €13.7 billion at constant currencies in 2023. billion at constant currencies in 2023. billion to €7.9

SAP 52

SAP Report Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Shaman

FEBRUARY 22, 2021

The forecast provided input for manufacturing to see and manage constraints in the tactical planning horizon and procurement to align with strategic buying. Each group needs customized views in a demand visibility system to help translate mix, volume, and currency in meaningful ways with baseline demand visibility.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Planning S&OP Scenario Planning 204

Supply Chain Game Changer

APRIL 29, 2022

Financial backers are prescribed to invest their effort and cash into the digital bitcoin currency since electronic cash has a high worth in exchanges. With the help of the limiting impact of the bitcoin and advanced currency market, people are getting progressively advantaged today. The State of Bitcoin.

Expense Reduction 82

Expense Reduction Cost Reduction Strategies Resource Reduction Currency 82

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. They can help automate your process and streamline procurement and eSourcing. Some include: Licensed software.

Analysis 52

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

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Inside the modern enterprise, a variety of groups use supplier master data, including not just Procurement, but also: . Operations.

Optimal Sourcing 130

Optimal Sourcing Data Management Procurement Vendor Strategies 130

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions. We want to help you reimagine the way you look at procurement. 5 Things to Look for in eSourcing Software.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions. We want to help you reimagine the way you look at procurement. 5 Things to Look for in eSourcing Software.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

Logility

AUGUST 23, 2021

IBP enables all stakeholders to create a well-rounded plan by leveraging a multitude of collaborative, cross-functional processes and a blend of volumetric and financial data from sales, marketing, production, procurement, transportation, and finance.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 130

Bristlecone

JANUARY 15, 2021

Organizations procure a wide variety of consumables, goods and services to run their day-to-day operations. All currencies of general ledger accounting are supported. Palle, Principal, Global Practices, DiSC Execution, Bristlecone. On delivery, invoicing and payment for the products or services rendered can pose quite a challenge.

SAP 52

SAP Procurement Solutions Purchasing Skills Currency 52

Precoro

NOVEMBER 20, 2023

Cervino provided us with insights into how Opna Bio SA’s team chose the right system and how it impacted their procurement process. They were worried that with a manual approach, data entry and creation of procurement documents would be time-consuming and prone to errors. ." Thus, the onboarding process began.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

Supply Chain Game Changer

AUGUST 16, 2022

Before putting your energy and cash in the exchanging and trade stage, you are recommended to procure capacity with the standards and rules of the business stage. It doesn’t impact whether you are new to the mechanized currency market or an expert transporter. Why utilize a high-level money wallet?

Resource Reduction 109

Resource Reduction Expense Reduction Electronics Supply Chain Planning 109

EC Sourcing Group

JULY 27, 2021

5 Tips for Your Procurement Spend Analysis. Running regular procurement spend analysis reports can be helpful when cutting costs and seeing exactly where spend is going. Reports should be an integral part of your software suite, and you should have a procurement spend analysis dashboard readily available. Clean the data.

Optimal Sourcing 52

Optimal Sourcing Analysis Procurement Analytics Software 52

ToolsGroup

JANUARY 10, 2017

So whether you call it “automated planning”, “lights out planning”, “low touch or no touch planning” or even “driverless supply chain planning”, reducing human intervention is gaining currency. We call it “Powerfully Simple”, meaning that the software is highly intelligent and built to run in a more autonomous manner, yet simple for the user.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 120

Supply Chain Digest

JUNE 20, 2016

Some Suppliers will be Able to Negotiate in Mid Contract as Material Costs, Currency Values Change

Negotiating Skills 39

Negotiating Skills Currency Procurement Supply Chain 39

LevaData

APRIL 21, 2021

Some of the most notable include: Increase in consumer purchases of digital devices during the COVID shutdown to enhance connection and productivity Accelerated build-outs of data centers 5G handset and infrastructure investments Exponential demand for cyber currency mining hardware. What Your Organization Can Do to Stay Ahead.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Procurement Analytics Supply Chain Planning 52

EC Sourcing Group

JUNE 15, 2021

What is the Procurement Spend Analysis Process ? Spend analysis is one of the most important pieces of procurement management. The Procurement Spend Analysis Process : What Is Spend Analysis? The basic principles of the procurement spend analysis process answers a series of questions. Keep procurement records.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Analysis 52

EC Sourcing Group

MAY 11, 2021

How to Customize Your Procurement Spend Analysis Dashboard. One of the most important functions in procurement management is the procurement spend analysis process. Having a procurement spend analysis dashboard as part of your procurement software suite is vital because this will be part of the command center.

Analysis 52

Analysis Optimal Sourcing Procurement EC Sourcing 52

EMERGE App

DECEMBER 25, 2023

Which can optimize the procurement and delivery of raw materials, synchronize with manufacturing processes, and efficiently fulfill orders. Key features include support for multiple warehouses and currencies, barcode scanning, and advanced user management. The pricing structure is accommodating, starting at just $36.9

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Supply Chain Design Software 52

EMERGE App

DECEMBER 25, 2023

Which can optimize the procurement and delivery of raw materials, synchronize with manufacturing processes, and efficiently fulfill orders. Key features include support for multiple warehouses and currencies, barcode scanning, and advanced user management. The pricing structure is really accommodating, starting at just $36.9

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Procurement Solutions Inventory Management 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Taulia

JULY 11, 2018

The native currency strengthens Another, less obvious, effect of high interest rates is that they will typically strengthen the native currency of the country raising them. Cost of goods – This may have implications when it comes to planning ahead on the procurement side.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Purchasing Skills Currency 52

EcoVadis

OCTOBER 17, 2016

In addition to participating in the panel on Sustainable Procurement on day two, I was able to catch a few other sessions which set the context for how UIC and their railway business members are engaging in sustainability, and the clear opportunity for this industry to expand efforts to collaborate on sustainable procurement.

Conference 53

Conference Sustainability Rail Software Manufacturing Procurement 53

Talking Logistics

NOVEMBER 2, 2017

Is the foreign country’s currency stable? A complete understanding of the supply network means that procurement and customer service from each participant can now position itself as a strategic player in mitigating companies’ risk exposure. How much will it cost the manufacturer and distributor in the end?

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 101

ivalua

JUNE 1, 2022

Suppliers can support company growth as part of the Amrest procurement journey. Part of procurement, driven by finance–payment is a key part of the supply chain partnership. . ESG and the sustainable supply chain is also important within the procurement process. . Part of the Solution. How can Amrest start this journey?

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 130

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

Supply Chain Matters

JANUARY 6, 2023

The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures. Business Sentiment.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Claritum

MAY 11, 2018

Claritum Article - Procurement Blog. If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. of procurement leaders have limited or no visibility beyond their Tier 1 suppliers.

Supply Chain Software 32

Supply Chain Software Sourcing Global Waste Reduction 32

Supply Chain View from the Field

OCTOBER 3, 2013

That is a whole process during the procure to pay process called reconciliation. And oh yes, you also have to pay suppliers, assuming you have a correct invoice from them that is validated against the contract and the purchase order. But does the invoice manage the contract – and who is checking that?

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60