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 in 2021 and beyond.

Procurement Analytics 104

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Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. The concept of using Total Cost of Ownership models to inform Procurement sourcing decisions is to take all of these different factors in to account, beyond just price. Subscribe to Supply Chain Game Changer.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Jaggaer

AUGUST 18, 2020

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. A nd a pproximately 70% of APIs from China are shipped to India to produce generics, of which around 40% are then shipped to the United States.

Pharmaceutical 98

Pharmaceutical Manufacturing Procurement Procurement Company 98

Kinaxis

AUGUST 5, 2014

A few hours later, your procurement head walks in the office. “We ‘SCM World, Innovative Approaches to Supply Chain Risk, Geraint John, July 2014′ For me, the key takeaways from this report are that effective supply chain risk management needs to be all inclusive – it must include layers beyond just your suppliers.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

Talking Logistics

FEBRUARY 9, 2017

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. Instead, merchandise ships directly from the supplier’s warehouse.”.

Supply Chain Network Software 150

Supply Chain Network Software Supply Chain Planning Software Shipping Supply Chain Software 150

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

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

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? Fortunately, like the iPod, innovation doesn’t stop.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Proxima

JUNE 5, 2023

In the world of procurement and supply chain, this is an important moment to pivot our approach. However, there are obvious trade-offs in market reputation, innovation, and ability to serve customers – layoffs come with both a financial cost (severance) and an emotional cost (no employee enjoys seeing their colleague lose their job).

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Purchasing Skills Procurement Solutions 52

HICX Solutions

JUNE 24, 2022

Prominent members of the procurement community discuss why we should care about the supplier’s experience, at last week’s World Procurement Congress. Four inspiring procurement and supply chain leaders advocated supplier-centricity, at Procurement Leaders’ World Procurement Congress 2022, which took place in London last week.

Procurement 52

Procurement Eliminating Excel in Purchasing Purchasing Skills Price Reduction 52

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Market inflation sits at 7%–the highest since June 1982. Less Collaborative.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Arena Solutions

JUNE 9, 2022

Fulfilling safety and environmental regulations, procuring components with existing supply chain concerns, and meeting quality requirements are all challenges that have electric vehicle (EV) manufacturers turning to digital solutions and processes to help them collaborate across the supply chain. Drive innovation.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 98

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Market inflation sits at 7%–the highest since June 1982. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Synovos

JANUARY 24, 2024

By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Need For What-If Analysis. Over time, this changed.

Supply Chain Planning Software 297

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 297

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Our goal is to deliver an event like no other to challenge the past, spark creativity and drive innovation.

Supply Chain Planning Software 346

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 346

HICX Solutions

MARCH 18, 2021

In the latest episode of ‘Dial P for Procurement,’ broadcast live on Tuesday 16 March, HICX CEO, Costas Xyloyiannis, joined co-hosts Kelly Barner ( Buyers Meeting Point ) and Scott Luton ( Supply Chain Now ), along with Quentin Roach, Senior Vice President, Supply Chain & Chief Procurement Officer at Mondelez International.

Innovation 52

Innovation Analytics Software Manufacturing Procurement Demand Planning Software 52

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Suppliers are a source of growth, innovation and efficiency, but if they are not managed holistically, they can be a source of risk, poor performance and noncompliance.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

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

Logistics Viewpoints

JANUARY 12, 2022

Living and working in this area provides me with the opportunity to schedule site visits at many of these innovative firms. Most recently, I visited the Berkshire Grey (BG) corporate office for an in-depth discussion about the company’s business, followed by a tour of the Berkshire Grey Innovation Center.

Optimal Sourcing 297

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 297

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

The Logistics of Logistics

DECEMBER 19, 2022

Transflo’s customer-focused mobile and cloud-based technologies deliver real-time communications to fleets, brokers, factors, shippers, and commercial vehicle drivers, and digitize 800 million shipping documents a year, representing approximately $115 billion in freight bills and 3.2 million downloads of the Mobile+ app.

Supply Chain Design Software 207

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Tampa 207

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The Seller went forward and manufactured and shipped the two piping units, accompanied by an invoice.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The problem space has gotten harder, not easier.

Optimal Sourcing 229

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 229

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Intelligent Audit

AUGUST 10, 2021

Why a Lack of Shipping Capacity Is Happening. Taking steps now to prepare for a shortage in shipping capacity will help offset much of the chaos and disruption peak season fluctuations could cause within the supply chain network. Added Ways to Get Ready for lack of Shipping Capacity During Peak Season.

Capacity 52

Capacity Shipping Supply Chain Planning Software Predictive Analytics 52

Supply Chain Shaman

SEPTEMBER 22, 2021

The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. As inventories dwindled, labor issues surfaced and shipping issues proliferated, supply chain teams began to accept that the only new normal was disruption. What drove the difference?

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. In some cases, a customer can cancel or change the shipping location after the item has been picked and packed.

Supply Chain Planning Software 210

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 210

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

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AFFLINK

MAY 10, 2019

Blockchain is well on its way to be the next big thing in supply chain innovation. When used for shipping and logistics, the blockchain can make it easy to track large-scale shipments and individual packages. Blockchain technology has evolved since making technological roots in cryptocurrency. What is blockchain, and how does it work?

Supply Chain Software 87

Supply Chain Software Optimal Sourcing Innovation Supply Chain 87

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

Supply Chain Shaman

JANUARY 2, 2023

This enables the modeling of channel data along with order and shipment data to drive a role-based view for finance, promotion planning, manufacturing planning (along with S&OP), transportation planning, and procurement. However, the approach is new and poorly understood, and only 7% of consumer products companies are innovators.

Supply and Demand 386

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 386

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD and its 75,000 employees ship more than 45 billion devices annually to customers in over 190 countries. In the BD supply chain, it is the procurement team that plays a key risk management role.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Industry experts call out advanced sourcing solutions as being extremely important to freight procurement.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 40

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

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