EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

EC Sourcing Group

DECEMBER 13, 2021

What Is Vendor Sourcing? Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Read on to learn more about auction vendor sourcing and more about the management process. Quality testing.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? . Cost-effective.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. But there was a cost to this.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. The importance of quality in supply chain management is undeniable. The truth is that global sourcing benefits outweigh the risks for many spend categories, and it’s advantageous to think about the big picture of your sourcing steps. it most certainly is.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. End-to-End and Real-Time Logistics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Supply Chain Shaman

APRIL 18, 2023

Process latency, the time for an organization to make a decision using a traditional S&OP process, is two-to-six weeks. The traditional leader values cost reduction but is blind on how to value time. Over four-hundred days of war in Ukraine. Growing tensions between China and trading partners. Unrest in Sudan. What is normalcy?

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 391

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

These technologies help to increase efficiency and ensure that customer expectations of quality and service are met. In a recent scientific report published in Natureportfolio, researchers in Australia showed that just over one in ten fish packages sold to customers in Australia are likely displaying the wrong fish species.

Food 130

Food Vendor Strategies Price Reduction Waste Reduction 130

Pivot88

NOVEMBER 29, 2021

Success in business, whether it is manufacturing of apparel or footwear or any other product, is directly proportional to quality. Focus on quality usually creates a better brand image and increases success in business. Compliance Paves Way for Quality. Did You Say Hindrance? Pivot88 Has a Solution.

Optimal Sourcing 52

Optimal Sourcing Quality Optimization Software Material Savings 52

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process. Expand your networks.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

Pivot88

NOVEMBER 2, 2020

According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. The survey shows that social and environmental sustainability has become a key priority for apparel companies, just as it is becoming an increasingly important issue for consumers and governments.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Sourcing Sustainability 52

Supply Chain Matters

SEPTEMBER 21, 2022

From time-to-time the Supply Chain Matters blog features book reviews which we believe would be of value and a learning asset to our extended global supply chain management community of readers. In this particular posting, we share our review of: Profit From The Source- Transforming Your Business By Putting Suppliers at the Core.

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Supply Chain Software Supply Chain Planning Software 59

Pivot88

NOVEMBER 2, 2020

According to McKinsey’s 2019 chief purchasing officer (CPO) survey , sustainable sourcing at scale is the fashion industry’s new must-have. Tracking all stakeholders and their actions manually is a time-consuming and inefficient process. Where do they source their products?

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Sourcing Sustainability 52

The Logistics & Supply Chain Management Society

MARCH 22, 2022

by Brett Marshall – Corporate Head of Quality at Zuellig Pharma. Not just because over the past two years “work from home” and “hybrid work arrangements” have given employees the opportunity to revisit who they are and where they are going. Re-visiting the Career Lattice Concept.

Pharmaceutical 240

Pharmaceutical Supply Chain Planning Software Buyer Training Supply Chain Software 240

Jaggaer

MARCH 30, 2020

The value of quality data has never been higher, and the power to process that data is more readily available than ever. 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” is everywhere. The Accelerating Pace of Change.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Logistics Viewpoints

APRIL 6, 2023

When products don’t arrive at the right place, the right time and the right quality, both in-bound supply chain planners and procurement buyers face unplanned plant shutdowns or upset customers. This approach results in inefficiencies, higher costs, and missed opportunities.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Logistics Viewpoints

JANUARY 16, 2023

But it must be quality data! Just as any chef will tell you that anything less than the best quality ingredients can render a dish inedible, so too, bad data can turn any data-driven IT effort sour.”. For the supply chain, other core data sets would also include throughput/lead times and global risks.

Data 197

Data Supply Chain Planning Software Benchmarking Supply Chain Software 197

Enterra Insights

JANUARY 18, 2024

As we tackle the rise of AI-generated data, organizations will need to spend time and oversight validating the data or risk hallucinated results.”[3] Imagine being able to anticipate customer demand, optimize your supply chain and make informed decisions in real time. With AI, we can do just that. AI-enhanced Automation.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

ivalua

SEPTEMBER 28, 2020

After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing. After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing. or Accounting systems (e.g.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

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. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

Kinaxis

AUGUST 12, 2015

But while hard skills may land you a job, many times it’s your soft skills that will keep you there—and accelerate your climb up the corporate ladder. The findings were generated from multiple sources, including surveys of APICS members, articles, and external research. Maintaining and improving relationships of supply chain partners.

Supply Chain Planning Software 100

Supply Chain Planning Software Quality Purchasing Skills Supply Chain Strategy 100

Adexa

MARCH 26, 2024

Generative AI and Supply Chain Planning In a recent survey by Gartner more than one third of the respondents indicated that improving decision making robustness, speed and quality are their top three goals. When it comes to supply chains, decision making is key to reducing costs, delivering on time and increasing market share.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Optimal Sourcing 52

Logility

AUGUST 15, 2023

But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Even before importing and selling any item, every step addresses complex challenges amplified by regulations dictating the origin of goods and ethical sourcing and labor practices.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

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

SYSPRO Smarter ERP

MARCH 2, 2022

It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. There are several areas of procurement practice that should be considered for improvement: Just-in-case. Just-in-time focuses on having materials arrive just as production is scheduled to begin.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Pivot88

FEBRUARY 26, 2019

Closing the Loop on Quality and Compliance Management means linking quality and compliance processes with performance data from different sources, and collecting audit, production, quality and traceability information all in one place. – Real-time traceability to know product history. .

Quality 58

Quality Real-time Visibility Agile and Lean Supply Chain Guidelines 58

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 52

Arena Solutions

MARCH 5, 2024

Data Integration: The Ultimate Challenge In today’s rapidly evolving world, effective collaboration between engineering, sourcing, and the supply chain is paramount, particularly when it comes to managing costs and mitigating risks in the electronics industry. This divergence in data sources can lead to a host of issues.

Sourcing Strategies 83

Sourcing Strategies Analytics Software Analytics Supply Chain Design Software 83

Supply Chain Game Changer

JULY 3, 2019

The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? What will ensure the delivery of quality products and services to consumers? What will ensure the delivery of quality products and services to consumers? I’m not talking about quality in the sense of perfectly constructed products.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Jaggaer

AUGUST 12, 2020

For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Get the white paper on Sourcing Strategies: Why One Size Does Not Fit All , written by Michael Lamoureux of Spend Matters.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Sourcing 52

Logistics Viewpoints

FEBRUARY 24, 2021

And finally, are digital twins just a model of the supply chain or is there more to it? In the midst of all this disruption, what really mattered was all the internal and external sources of signals that were processed right and converted into smart decisions. First is data quality. Below are some key points from our discussion.

Supply Chain Planning Software 183

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 183

ivalua

JANUARY 13, 2023

These behaviors are commercially advantageous, increasing competition to directly improve quality, drive down costs, and improve project ROI. The following are just a few examples of some notable supplier diversity efforts across the globe. Today, many US businesses proudly maintain robust supplier diversity programs. .

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. Say you took a gift or a low price from a vendor, neither of which seemed unethical at the time. Every company wants to save money, but the right sourcing software can help you manage spend and save money the right way. Illegal sourcing. Favoritism.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Logistics Viewpoints

OCTOBER 10, 2022

The company works hard to meet the demanding requirements for quality, innovation, and cost from their OEM customers. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223