Requis

AUGUST 25, 2022

Working with its engineering, procurement, and construction management partner (EPCM) Worley, Drax will build two BECCS units using the fully digital supply chain management platform from Requis. The post World’s largest carbon capture project will use digital procurement for materials and services appeared first on Requis.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Procurement Supply Chain Planning Software 52

IT Supply Chain

MARCH 25, 2021

The post Building Business Resilience into Services Procurement in a Rapidly Changing Landscape appeared first on IT Supply Chain. By Keith Hausmann (pictured). Chief Revenue Officer, Globality.

Procurement 52

Procurement Global Supply Chain Supply and Demand 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Almost all companies will say that “service” is important.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Supply Chain View from the Field

JULY 9, 2014

A recent article in the Wall Street Journal points to the increasing pressure being felt by financial services, as well as insurance companies. And that’s is where procurement is suddenly playing a role – because nowhere is there more of a need to find savings than in the area of indirect spending in banks.

Optimal Sourcing 100

Optimal Sourcing Cost Reduction Strategies Procurement Expense Reduction 100

ivalua

DECEMBER 15, 2022

Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.

Optimal Sourcing 246

Optimal Sourcing Procurement Solutions Manufacturing Procurement Groups 246

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 232

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 232

ivalua

JANUARY 31, 2023

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Procurement Solutions 246

Procurement Solutions Supply Chain Planning Software Procurement Analytics Optimal Sourcing 246

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

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

GlobalTranz

AUGUST 18, 2021

Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics. . Focus on Carrier Procurement and Management.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

Logistics Viewpoints

MARCH 24, 2022

Many top retailers rolled out more versatile fulfillment to better serve customers, embracing gig economy couriers to offer same-day and two-hour delivery and rounding out omnichannel fulfillment offerings with buy online pickup in store (BOPIS) and related services. Procurement teams play an incredibly important role.

Supply Chain Planning Software 219

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 219

ivalua

APRIL 12, 2022

5 Top Tips: How to Increase Procurement Agility in Financial Services. Financial Service Institutions (FSIs) face an increasingly volatile business climate as lending profits dwindle and digital competition rises. The post 5 Top Tips: How to Increase Procurement Agility in Financial Services: appeared first on Ivalua.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies How To 130

Claritum

AUGUST 15, 2019

Claritum Article - Procurement Blog. Sourcing the right way for Promotional goods and services. Promotional products, ranging from a key ring, a diary, custom coins to a pen and mug, are items used to promote a product, service or company program. 4 Sourcing the right way for Promotional goods and services. Introduction.

Procurement Solutions 32

Procurement Solutions Optimal Sourcing Purchasing Skills Sourcing Strategies 32

ProcurePort

OCTOBER 20, 2023

• Opting for procurement services offers cost savings through improved negotiations, volume discounts, and strategic sourcing, along with significant time efficiency gains and streamlined processes.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Procurement Sourcing Strategies 52

Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. There are a few types of cost centers, and most commonly relate to production or service.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

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

Logistics Viewpoints

OCTOBER 20, 2022

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency. Efficiency in freight procurement allows companies to engage in other value-added work.

Freight 209

Freight Logistics Network Optimization Software Optimal Sourcing Jacksonville 209

Supply Chain Brain

APRIL 17, 2024

Once regarded as a back-office process, procurement is finally getting the respect it deserves, recognized for its contribution to the organization's long-term, strategic agenda.

Procurement 98

Procurement Innovation 98

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. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ivalua

JULY 26, 2021

The post Risk Management Requirement for Financial Services Procurement appeared first on Ivalua.

Risk Management 130

Risk Management Procurement 130

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software 130

Manufacturing & Logistics IT

NOVEMBER 1, 2017

Exertis, the distributor of technology products for the B2B, mobile and retail markets, has announced that its supply chain business, Exertis Supply Chain Services (SCS), scooped two major accolades at the National Procurement Awards in Dublin.

Procurement 40

Procurement Supply Chain Software Supply Chain Supply and Demand 40

Logistics Viewpoints

AUGUST 13, 2020

COVID-19 catalyzed rapidly shifting commerce models that were reshaping how goods and services were procured and delivered. In a matter of weeks, entire countries came to a near standstill as governments issued mandatory stay-at-home orders to help slow the spread of the novel coronavirus.

Supply Chain 317

Supply Chain Modeling Logistics Network Optimization Software Government 317

The Logistics of Logistics

DECEMBER 6, 2023

Its innovative platform and services are helping businesses to improve their supply chain performance and achieve their business goals. Performance-based payments: Loop allows businesses to pay their suppliers based on performance, incentivizing them to deliver high-quality goods and services on time.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Logistics Analytics Software Gartner 222

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

HICX Solutions

JANUARY 7, 2022

As we roll into 2022, we would love for Procurement to own the mandate of championing supplier relationships, through three main focus areas: unlocking data, removing friction and unearthing what really makes suppliers tick. Our first wish is for procurement to become the reporting center for all corporate initiatives.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Supply Chain Software Sustainability 52

The Logistics of Logistics

MARCH 4, 2024

All-in-one platform: MVMNT provides a comprehensive Transportation Management System (TMS) that allows users to manage the entire shipment lifecycle, from procurement to completion, on a single platform. Technology with a human touch: MVMNT emphasizes that their technology is designed to assist brokers, not replace them.

Supply Chain Design Software 205

Supply Chain Design Software Logistics Network Optimization Software Freight Omaha 205

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious. Why is handling MRO procurement so costly? MRO stands for maintenance, repair, and operations.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

Synovos

NOVEMBER 10, 2023

The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

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

Unleashed

JANUARY 8, 2024

Procurement management directly impacts your bottom line, making it a critical component of running a profitable product-based business. In this article, we look at the different stages of procurement management. We’ll also explore project procurement management and the relationship between procurement and supply chain management.

Procurement Solutions 52

Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 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. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105