SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 80

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 80

ivalua

MARCH 28, 2019

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Technology has radically changed procurement activities and procurement roles across virtually all our spheres of activity.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. In other words, it will be different for every enterprise or organisation.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. The promise of a well-intended consultant just sounds sooooooo good. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. The reason? A Case Study. Was this by design?

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. They are just too risky. Reflection. The supply chain career is new.

Supply Chain Design Software 312

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 312

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 139

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 139

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” I know that your primary focus is procurement. The issues are largely rooted in politics and the lack of clarity on supply chain excellence.

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? All this functionality helps save costs, choose the best vendors, ensure compliance, appraise supplier risk, and streamline procure-to-pay cycle.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). in the second year of the pandemic.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Supply Chain Shaman

SEPTEMBER 27, 2021

Unloading times are double and costs are triple. At the time, a functionally encased view of visibility was sufficient. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Supply chain shortages abound. The supply chain impact is unprecedented. Reflection. My personal learning?

Supply Chain Planning Software 339

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 339

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). in the second year of the pandemic.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

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. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

Negotiate Pricing 110

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 110

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The percentage of purchased goods emissions by suppliers with science-based targets.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Is Procurement drowning in data?

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

EC Sourcing Group

JULY 28, 2020

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management? Objectives of Procurement Management: Managing Contracts.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 52

Jaggaer

MARCH 30, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. For television, it took just 13 years, while Facebook took only 3.5. For television, it took just 13 years, while Facebook took only 3.5.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. By ensuring on-time deliveries and minimizing stockouts, they can directly improve customer satisfaction.

Optimal Sourcing 76

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 76

Logistics Viewpoints

DECEMBER 12, 2022

Supply chain planning is not just for the big boys. They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

ivalua

OCTOBER 13, 2022

Further, if the truth be known I suspect many others in procurement and supply chain are feeling the same, but maybe that’s not true. This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supply chain managers. Capital goods.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Waste Reduction 130

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?”

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. (The The team was not calibrated on the role of forecasting and the basics around process excellence. Definition. Merriam-Webster.

Supply and Demand 377

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 377

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. It’s not just the cars themselves either.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Silvon Software

APRIL 18, 2024

These technologies are not just transforming business areas like sales, procurement, production, distribution and others by streamlining data categorization and insight generation; they are reshaping entire business landscapes by offering real-time intelligence that informs strategic decision-making across all core areas.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Jaggaer

SEPTEMBER 11, 2020

Marketing, operations, product design, and finance are just some of the areas transformed by intelligent application. Now, as companies start to seek, and create competitive advantages, the procurement function is in the spotlight. Priming Procurement for Intelligent Digital Transformation .

Procurement 86

Procurement Sourcing Strategies Supply Chain Network Software Supply Chain Design Software 86

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Unfortunately, it just got worse. The healthcare provider world is facing tremendous strain as a result of the pandemic. I have some real context of this, living in NYC and having a family member that works at a hospital.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

ivalua

APRIL 7, 2022

Leader Forrester CLM for Buy-Side Contract Suites, Q4 2021. Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Shaking hands, sharing ideas, having a laugh, and a glass of champagne (or two)…we are renewed, recharged, and re-energized from Ivalua NOW Paris!

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

SupplyShift

NOVEMBER 12, 2021

In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. Here are some steps to simplify sustainability and set procurement teams up for success: Align Leadership and Sustainability Teams.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Sustainability 52

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 90

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 90

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) At the time, I was fascinated how the most mature teams bucked the system. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. The network a company gains visibility to with their control tower is just one of many networks.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

Jaggaer

MARCH 18, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. For television, it took just 13 years, while Facebook took only 3.5. For television, it took just 13 years, while Facebook took only 3.5.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! Stuart is a British national, married with three children.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Logistics Viewpoints

MARCH 29, 2021

They also have 20 sourcing locations across North America from which they can ship make to stock products. The majority of make the stock items are tied to just-in-time or other supply chain value-added service program with their customers. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157