Supply Chain Matters

AUGUST 8, 2022

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions. reported for May.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Eyvo

APRIL 20, 2021

How to effectively manage risk in procurement? Risk management in procurement. For many, risk-taking in everyday life is normal. Some businesses even look forward to taking a “calculated risk”. However, in procurement, the last thing you want is a risk. by Bhargavi Nake.

Procurement Analytics 92

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 92

HICX Solutions

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. This has been acutely highlighted since the turn of the decade due to global events. The Global Supply Chain Landscape: What is the current situation?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Sourcing tasks include sending out requests for proposals (RFPs), evaluating supplier bids, selecting vendor partners, negotiating contracts , and then managing supplier relationships.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

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. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

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

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Global Wide Production Activity. Morgan Global Manufacturing PMI® report, a composite index produced by J.P.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Matters

SEPTEMBER 6, 2023

Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. reported for July and 48.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

OCTOBER 6, 2023

Supply Chain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supply chain PMI indices. With the closing of the third quarter, the numbers once again signal added contraction in global manufacturing output as product demand levels weaken. reflecting a 0.4

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Synovos

FEBRUARY 21, 2023

Importance of Supplier Relationships in Indirect Procurement Challenging times call for closer relationships between organizations and their MRO suppliers Strong and successful indirect procurement strategies depend on strong and successful supplier relationships. Indirect procurement can be somewhat hidden, though.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. One of my favorite supply chain leaders has a stack of Palantir reports in black binders on his desk. The Palantir approach is not a good fit for the supply chain management market. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

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. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

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

GlobalTranz

SEPTEMBER 23, 2021

Download the White Paper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that are liable?network

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. s current Form 10-K and other reports and documents subsequently filed with the SEC.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. For instance, every purchasing department wants to lower costs and be more productive, so these are concrete goals. .

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

Jaggaer

APRIL 22, 2019

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement at the pivot point. using a total cost of ownership strategy) and identify key risks (and related costs) to avoid.

Manufacturing Procurement 91

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 91

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. Of those alerts, 60% typically had some kind of impact reported by a supplier.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Supply Chain Matters

JULY 6, 2023

Supply Chain Matters provides highlights and perspectives on reported June 2023 and Q2-2023 quarterly global and regional PMI indices. The June numbers signal renewed contraction of global wide production within global supply chain networks. The June reported value of 48.8 value reported for May.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Procurement Academy

MARCH 2, 2023

Ewellix, part of the Schaeffler Group, is the leading global manufacturer and supplier of linear motion solutions, which incorporate state-of-the-art designs, components, and digital technology. Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Supply Chain Matters

FEBRUARY 19, 2024

Supply Chain Matters highlights report that Volkswagen luxury branded vehicles were impounded by U.S. Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

Enterra Insights

AUGUST 31, 2023

Fortunately, the deep recession that many economists predicted didn’t emerge. Economics reporter Ann Saphir explains, “Americans borrowed more than ever on their credit cards in the [second quarter of 2023], with balances surpassing $1 trillion for the first time even as overall household debt loads were largely unchanged.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

HICX Solutions

JANUARY 22, 2019

From securing a better deal to early warnings on supplier risk , these are the areas where change is coming. Automating purchase-to-pay processes. The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

Precoro

APRIL 18, 2023

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. While this complexity allows for cost-efficient production and a wider selection of goods, it also poses significant challenges to supply chain stability.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. However, you may wonder what kind of practices really work.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Global Wide Production Activity. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. reported in March.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. The replenishment process is a core area of inventory management and optimization.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52