Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

Procurement Solutions 59

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Unleashed

JANUARY 16, 2023

When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? 3PL providers are experts when it comes to shipping and logistics.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Logistics Viewpoints

FEBRUARY 19, 2024

Instead of developing the aircraft in-house and sourcing parts from suppliers,” Dr. Tang explained, “Boeing decided to outsource 70% of the design, engineering and manufacturing of entire modules to over 50 strategic partners.” The post 20 Years of Outsourcing Come Back to Haunt Boeing appeared first on Logistics Viewpoints.

Supply Chain Design Software 223

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 223

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. Blue Yonder also acquired Doddle to close the loop on reverse logistics. And if they are not, the retailer can look at alternative sources that aligns to their goals.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 208

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

EC Sourcing Group

NOVEMBER 17, 2020

When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Procure-to-pay operations. Thus, you’ll see a lot of: eSourcing tools.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

Logility

JULY 14, 2022

says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. supply chains.”

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logistics Viewpoints

JANUARY 25, 2024

Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. The post Getting Started with AI in Supply Chain appeared first on Logistics Viewpoints. MHI and others continue to report that talent is the number supply chain challenge.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 231

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Companies, both large and small, are changing.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. As a comprehensive approach, spend management typically includes management of suppliers, categories, approval workflows , inventories, and documents.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Billing inaccuracy and payment challenges are massive problems in the logistics industry. It is clear that complex, manual payment processes are critical sources of costly mistakes and over billing. The traditionally conservative logistics industry is quickly evolving. Billions of dollars are thrown overboard every year.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. News coverage showcases the differences between logistics and supply chain management. China was the source of over 90% of PPE.) As I watch the news and work on client documents in my quarantine, I try to manage my emotions. Expect border friction and logistics to be an issue.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Talking Logistics

MAY 14, 2019

Finished products have high ratios (average 50%) of sourced or procured product content. Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance.

Supply Chain Planning Software 162

Supply Chain Planning Software Quality Supply Chain Software Supply Chain Network Software 162

Shipchain

OCTOBER 16, 2018

Logistics will always contain risks, but the use of blockchain in supply chain management can go a long way in prevention and mitigation. Let’s look at the problem of risk management in logistics and how traceability through blockchain reduces those risks. Logistics Risks Lead to Higher Freight Spend.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Resource Reduction Waste Reduction Supply Chain Planning Software 96

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Shipping and Logistics Once products pass quality checks, they are prepared for shipping. Document processes and provide training to employees to ensure compliance and proficiency.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Logistics Viewpoints

MARCH 2, 2023

While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength. Reduced working capital. He lives in Chicago.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Procurement. Today many companies spend countless hours reviewing contracts to track and review amendments to original documents.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Unleashed

JUNE 27, 2023

Managing all documentation. Freight forwarders handle the documentation involved with transporting goods overseas and organise all shipping under their own bill of lading. Freight forwarding begins with logistics planning for a shipment of goods and deals with the movement of those goods through the supply chain.

Negotiating Skills 52

Negotiating Skills Freight Optimal Sourcing 3PL 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

This results in incorrect actions and communication The service industry, like logistics service providers, distributors and retailers are not well prepared for halal issue and crisis management, endangering the effectiveness of halal risk mitigation measures by the brand owner.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Logistics is a larger focus for transportation companies. Let’s dive in. What is a Supply Chain?

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Procurement Academy

AUGUST 10, 2021

The Elastic Logistics approach has become an appropriate response recently when Supply Chain Management (SCM) found the challenges of persistently tracking an enormous variety of items and suppliers and the need to fulfill ever-growing client’s personalized demands and expectations. What is elastic logistics?

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

Logistics Bureau

NOVEMBER 23, 2020

Procurement Communications. Leading the field are chatbots, which allow text-based interactions, for example, between procurement managers and their suppliers’ systems. Leading the field are chatbots, which allow text-based interactions, for example, between procurement managers and their suppliers’ systems.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Performance Supply Chain Software Supply Chain Planning 89

Talking Logistics

APRIL 21, 2017

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Oracle Warehouse Management Cloud Update Helps Businesses Scale Logistics to Meet Multi-Channel Demand. Logistics Platform Haven Sets Sights on SAP with Launch of Haven TMS. “By

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0

AFFLINK

MAY 11, 2017

In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Those fundamentals include understanding the need for reliability, reinforcing accountability, recognizing core competencies, defining a successful logistics strategy, and managing risk.

Optimal Sourcing 61

Optimal Sourcing Sourcing Strategies Procurement Cost Reduction Strategies 61

Logility

OCTOBER 25, 2022

With their integrated end-to-end approach and complete visibility, a digital supply chain platform can deal with the opportunities and constraints of business functions ranging from sourcing and procurement to sales. Procurement. Your staff likely has better, more valuable things to do than process documents and manipulate data.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 130

ShipBob

SEPTEMBER 29, 2021

These are all forms of retail logistics. From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. What are retail logistics? COVID’s impact on retail logistics.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52