ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. Doing so safely requires having access to the right data, and the tools and technologies to act on it. Balancing New Priorities Makes Procurement More Valuable. But cost reduction is no longer sufficient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Logistics Viewpoints

DECEMBER 12, 2022

Supply chain planning is not just for the big boys. Myers Industries Implements John Galt Solutions. They also are also one of the largest distributor in the US of tools, equipment and supplies for the tire and wheel service industry. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 201

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

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Precoro

JANUARY 29, 2024

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. for the US yet 10.7% in the Czech Republic. Objectives and scope.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Supply Chain Game Changer

OCTOBER 1, 2022

A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. The increasing cost of fuel, car maintenance and purchasing of vehicles can drain a company’s resources. These tools require both the vehicle unit memory and the driver cards.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

Clear Spider

JULY 30, 2020

We recently launched a new ROI Calculator tool to help organizations learn how to increase savings and improve operations during these difficult times. Is it worth dining at the fancy restaurant that just opened up downtown?” For example, with a new Vendor Managed Inventory (VMI) solution, you will expect an increase in sales.

Procurement Solutions 59

Procurement Solutions Inventory Management Software Optimization Software Supply Chain Software 59

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. The supply chain design solution, for example, continues to grow in depth and usability.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

Logistics Viewpoints

JUNE 9, 2022

The good news is that these peaks come at about the same time every year and can therefore be easily planned for. The hype usually revolves around just one item and can easily be managed by a modern logistics system. Logistics software is your ace in the hand, before, during and after the peaks. Peaks are all so different.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

Supply Chain Game Changer

SEPTEMBER 22, 2022

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. But procurement is one of the most integral parts of running an operation.

Procurement Solutions 101

Procurement Solutions Supply Chain Software Inventory Management Software Optimal Sourcing 101

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? These services include: Software; Analytics; Networking; Data storage; Servers and more. Three Categories of Cloud Procurement.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

SCMDOJO

SEPTEMBER 18, 2023

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. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

Supply Chain Shaman

APRIL 19, 2021

The Process of Software Selection. As the director of planning, Joe is involved in a multi-year process to select a new planning solution. “We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. The solutions are very different. The sameness is torture. She is bored. My struggle? ” Joe.

Supply Chain Planning Software 271

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 271

QAD

MAY 23, 2023

With statistics like these, it’s clear that ethical sourcing isn’t just important from a legislative and trade compliance perspective, but is simply the right thing to do. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

EC Sourcing Group

NOVEMBER 16, 2021

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). Without goods and services, nothing can be produced, which would make procurement impossible. Supply Chain Management Cloud Software: Long-Term Relationships. However, this isn’t true.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson went onto explain that during COVID, “we, along with a lot of other companies in the world, were just in a constant firefighting mode. BD, was using a supply chain risk management solution.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

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. Procurement Sourcing Solutions : What Is Procurement Management?

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

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 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

EC Sourcing Group

NOVEMBER 17, 2020

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Read on to learn more about types of supply chain management software and how to pick the best type for your company’s needs. . Thus, you’ll see a lot of: eSourcing tools. Automated tools.

Procurement Solutions 52

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

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

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Enterra Insights

JUNE 10, 2021

Kirk Williams ( @PPCKirk ), owner of ZATO, explains, “The marketing funnel, for those unaware, is a concept created in 1898 to describe the ‘theoretical customer journey’ and assist in targeting the right message to the right person at the right time. … Their purchasing journey is messy. It’s time for a paradigm shift.”.

Procurement Solutions 130

Procurement Solutions Modeling Software Purchasing Skills Modeling 130

EC Sourcing Group

MARCH 14, 2022

Is Software Required to Manage Tail Spend. Managing tail spend in procurement and the entire supply chain process is vital; poor tail spend management can lead to considerable loss. It’s estimated that just 80 percent of suppliers represent just 20 percent of an organization’s spend —so where does the other 20 percent go?

Procurement Solutions 52

Procurement Solutions Supply Chain Software Optimization Software Optimal Sourcing 52

SYSPRO Smarter ERP

AUGUST 3, 2022

A modern ERP software platform provides this foundation, serving as a central source of truth for financials, operations, and the supply chain — essentially every aspect of a manufacturing or distribution business. But not just any ERP platform will do. Here’s why it’s critical to upgrade your ERP software: Operations.

Optimization Software 105

Optimization Software Supply Chain Software Procurement Solutions Manufacturing Procurement 105

Logistics Viewpoints

MAY 19, 2022

Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines. Work planners previously did manually can be calculated by software. But advances in this area have two limitations – the software itself and our ever-changing world.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

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

Resilinc

MARCH 26, 2024

Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 113

Modeling Supply Chain Risk Management Modeling Software Risk Management 113

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

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. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Unleashed

MARCH 26, 2023

In this article, we break down native Xero inventory management and compare it with using an integrated Xero inventory software system. Free trial: Try Unleashed + Xero Inventory Management Software completely free for 14 days. Do you need integrated Xero inventory software? It only tracks finished items.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

SCMDOJO

SEPTEMBER 8, 2023

MRP plays a pivotal role in achieving this balance: Inventory Optimization : MRP ensures that businesses have just the right amount of inventory—neither too much that it leads to increased holding costs, nor too little that it disrupts production. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics 81

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 81

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