EC Sourcing Group

NOVEMBER 8, 2022

??Meeting the Demand in Sourcing and Procurement. In recent years, considerable efforts have been made to simplify and streamline sourcing, procurement, and overall supply chains to meet demand more effectively. Sourcing and Procurement Optimization : Speed and Transparency. Contract management. RFx and eAuction management.

Optimal Sourcing 52

Optimal Sourcing Demand Planning Software Sourcing Strategies Supply Chain Software 52

EC Sourcing Group

MARCH 21, 2022

Sourcing is a vital piece of procurement and the overall supply chain itself. However, just about anything can be improved upon, and sourcing optimization and optimized operations can help streamline the process. Read on to learn more about how to optimize the procurement process and how to improve upon sourcing.

Optimal Sourcing 52

Optimal Sourcing Sourcing Optimization Software Supply Chain Planning Software 52

EC Sourcing Group

DECEMBER 13, 2021

What Is Vendor Sourcing? Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Read on to learn more about auction vendor sourcing and more about the management process.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? . Risk management.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

AIMMS

MARCH 30, 2020

There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information)

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

EC Sourcing Group

SEPTEMBER 20, 2022

Ethics in Sourcing and Procurement Management. Read on to learn more about procurement management and ethics, how to spot unethical behavior, and how your eSourcing software can help you pave the way to an ethical and risk-free sourcing and procurement process. Illegal sourcing. Principles of Ethics in Procurement Management.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Purchasing Skills Sourcing Strategies 52

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process. Expand your networks.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

ivalua

DECEMBER 3, 2020

The post Source-to-Contract (S2C) Demo appeared first on Ivalua.

Sourcing 100

Sourcing 100

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Read on to learn about the benefits. Operational.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

EC Sourcing Group

JUNE 17, 2020

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Sourcing is but one step in the procurement process. Sourcing is but one step in the procurement process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Purchasing Skills Supply Chain Design Software 52

EC Sourcing Group

JANUARY 11, 2021

Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. However, there are many times where the reverse auction process is warranted and can play a significant role in your strategic sourcing strategy. What is our sourcing strategy?

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

The Logistics of Logistics

JANUARY 13, 2023

Amplio helps you meet your production goals by removing procurement roadblocks – the software assesses your BOMs’ sourcing risk, locates inventory for you, and recommends optimal purchasing strategy so that you get the components you need at the best price. Access diverse sources of supply. Schedule an Amplio Demo.

Manufacturing Procurement 182

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 182

ivalua

JANUARY 31, 2023

Through Ivalua’s EIC, emissions data can be imported from recognized third-party emissions data sources or directly from suppliers; the data is then combined with other information such as environmental risk scores, policies, published targets, or certifications. To learn more about this new offering register for an upcoming live demo.

Procurement Solutions 246

Procurement Solutions Supply Chain Planning Software Procurement Analytics Optimal Sourcing 246

ivalua

FEBRUARY 25, 2021

Demo Breakout. Creating Lasting Value Across Your Source-to-Contract Process. The source-to-contract process is where Procurement identifies and creates value for their organization. Join this session to learn more about: Running efficient sourcing projects and RFXs. Strategic category management.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Negotiating Skills Price Mitigation Strategies 100

AIMMS

MARCH 30, 2020

There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Study 5: Refine Capacity Smoothing (click to view demo and more information)

Supply Chain Disruption 156

Supply Chain Disruption Optimal Sourcing Supply Chain Design Software Scenario Planning 156

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. Every company wants to save money, but the right sourcing software can help you manage spend and save money the right way. Illegal sourcing. Falling for unethical business practices can affect sourcing and procurement. Favoritism.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Logility

MARCH 21, 2024

Safely Mine Your Supply Chain Data with GenAI Watch the Demo Myth 3: Generative AI is best as a black box At first glance, the prospect of generative AI supporting a 100% automated workflow might seem like a desired goal for your supply chain processes. For example, suppose an order for a key customer is going to be late.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

ivalua

FEBRUARY 25, 2021

Demo Breakout. The Benefits of Embedding Accounts Payable within the Source-to-Pay journey. The post AMER 2021 Day 2 Demo Three appeared first on Ivalua. Days payable outstanding (DPO) is one of the key financial measurements used to identify the health of an organization.

Demand Planning Software 100

Demand Planning Software Video Tools Sourcing 100

Claritum

MAY 11, 2018

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Global Sourcing Technology. BOOK A DEMO.

Supply Chain Software 32

Supply Chain Software Sourcing Global Waste Reduction 32

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Book a demo with us today to see firsthand how Simfoni’s best in class solution can supercharge your procurement function!

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

EC Sourcing Group

NOVEMBER 8, 2023

With deeper learning capabilities and more nuanced decision-making algorithms, AI is streamlining the most complex sourcing tasks, offering a significant competitive advantage to early adopters. Sustainable and Ethical Sourcing Sustainability and ethics are taking center stage in procurement processes. Why Act Now? Why Act Now?

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Sourcing Strategies 52

ivalua

NOVEMBER 3, 2021

Having successfully digitized the entire Source-to-Pay process, Ashell is on the path to evolving Procurement from a cost center into a competitive advantage.”. Extend risk and performance mapping with external data sources and alert systems. Increase strategic insight and identify new sources of savings.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiating Skills Negotiate Pricing 130

Resilinc

APRIL 8, 2024

If you want to learn more about how Resilinc can help your supply chain become ‘anti-fragile’ schedule a demo here. Many of these suppliers are estimated to encounter some degree of disruption as a result of the earthquake, to some varying degrees.

Taiwan 96

Taiwan Supply Chain Software Manufacturing Procurement Supply Chain 96

EC Sourcing Group

AUGUST 23, 2022

How to Optimize Your Sourcing in 5 Steps. Optimizing your sourcing has many benefits, including time and cost savings. Sourcing optimization involves finding the most cost-effective group of suppliers for your needs. Read on to learn more about sourcing optimization and how to achieve it in five simple steps.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Modeling Modeling Software 52

EC Sourcing Group

MAY 17, 2023

By classifying goods and services into logical groups, procurement professionals can streamline the eSourcing process, facilitating easier identification and comparison of suppliers, negotiating favorable contracts, and expediting the sourcing cycle. Want to learn more?

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

Saleswarp

MARCH 20, 2023

A sustainable supply chain integrates environmentally friendly practices throughout the entire process, from sourcing raw materials to product delivery. Customers are increasingly concerned about the environmental and social impacts of the products they buy, and they’re willing to pay a premium for products that are sustainably sourced.

Waste Reduction 52

Waste Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

EC Sourcing Group

SEPTEMBER 6, 2022

As we’ve previously discussed, the best sourcing software can help streamline sourcing and improve winning in reverse auctions, but global sourcing software can put you in touch with a larger field of suppliers so that you can cherry-pick the ones with the most eco-friendly supply chains. . Profit increase.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

ivalua

OCTOBER 22, 2020

digitization Procurement processes from sourcing to accounts payable is a key strategy. If you are interested in knowing more about the Ivalua’s Procure-to-Pay solution , please visit our Procure-to-Pay page or request a demo of our Procure to Pay software. Digitizing the P2P Cycle is good for productivity.

Procurement Solutions 147

Procurement Solutions Supply Chain Planning Software Supply Chain Software Forecasting Software 147

EC Sourcing Group

AUGUST 1, 2022

eAuction tools are imperative to sourcing, affecting your sourcing , procurement management, and ultimately, the entire supply chain. Always ask for a demo to see if this software will be a good fit for your company (and your suppliers—their frustration or lack thereof matters just as much).

Supply Chain Software 52

Supply Chain Software Tools Price Reduction Sourcing Strategies 52

EC Sourcing Group

SEPTEMBER 27, 2022

Not long ago, sourcing was still an “analog” process, with a lot of back-and-forth communication via phone calls, emails, and meetings in person. Technology has finally caught up with sourcing and procurement—evolving processes by leaps and bounds in a relatively short amount of time. eSourcing Platforms : The Must-have Tools.

Analytics Software 52

Analytics Software Procurement Solutions Supply Chain Software Procurement Analytics 52

EC Sourcing Group

JUNE 7, 2022

Everyone in the procurement and purchasing fields knows that sourcing is generally a process of getting the best product from top suppliers with good terms and price. When using advanced eSourcing tools, you’ll have a comprehensive eSourcing dashboard, a web-based, online platform where you’ll advertise sourcing needs.

Procurement Solutions 52

Procurement Solutions Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

OCTOBER 12, 2021

Much of your optimization will be accomplished through the strategic sourcing process, one of the best ways to keep things optimized and seamless. Procurement Optimization Solutions : What Does Strategic Sourcing Mean? It can help you make more confident, informed decisions on how to proceed as a company when sourcing.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Negotiating Skills Supply Chain Optimization 52

Resilinc

MARCH 26, 2024

This allows companies to see what is in demand, source alternative materials, and negotiate new contracts with suppliers at opportunistic price points. EventWatch AI —Resilinc’s supply chain disruption alert platform— monitors text-based electronic media worldwide 24/7, from over 104 million sources in 108 languages.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114