ivalua

FEBRUARY 8, 2023

The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.

Manufacturing Procurement 242

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

ivalua

OCTOBER 4, 2021

Wide-ranging digital procurement transformation will streamline Crelan’s sourcing processes . We look forward to contributing to Crelan’s success thanks to our significant expertise in helping our Financial Services sector customers reach their process optimization and regulatory compliance goals.”.

Optimal Sourcing 130

Optimal Sourcing Sourcing Belgium Optimization Software 130

ivalua

JULY 21, 2021

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. 100% visibility of sourcing processes.

Sourcing Strategies 130

Sourcing Strategies Optimal Sourcing Supply Chain Design Software Groups 130

Precoro

AUGUST 14, 2023

According to KPMG , a global network of professional firms providing audit, tax, and advisory services, building a dedicated procurement team helps companies achieve substantial cost savings through effective vendor and category management. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? How to Move Forward.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

ivalua

JUNE 29, 2020

Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating. It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Precoro

SEPTEMBER 6, 2021

But they are different, although closely related, processes. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Tasked with choosing suitable suppliers and negotiating the most favorable contract terms.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

EC Sourcing Group

OCTOBER 12, 2021

Finding the right procurement optimization solutio n is imperative to keep your entire procurement management process running smoothly throughout the supply chain. Much of your optimization will be accomplished through the strategic sourcing process, one of the best ways to keep things optimized and seamless.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Negotiating Skills Supply Chain Optimization 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Reliable and responsive suppliers are key for supply chain performance and success and hence the supply chain leaders require not only a strategic approach but also an agile approach towards outsourcing. 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

EC Sourcing Group

FEBRUARY 8, 2023

From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. With the new sourcing methods and strategies available in 2023, you can eliminate those hassles and focus on what matters most—growing your business.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills 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 ? .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . From Ivalua’s standpoint, we’re starting to see a shift in the Source-to-Pay spectrum.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. For example, advanced strategic planning skills are relevant to procurement managers, while data analysis proficiency is associated with sourcing analyst roles.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

EC Sourcing Group

MAY 25, 2021

Strategic sourcing and procurement are two words that should always be spoken together, as sourcing is perhaps the most important aspect of procurement. However, you should always ensure that you’re using strategic sourcing best practices and utilizing the best tools available. Curb spending.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Negotiating Skills Analytics Software 52

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

EC Sourcing Group

JUNE 1, 2021

How to Master Your Strategic Sourcing Process. Suppose you’re new to strategic sourcing, or you’re just taking a look at your strategic sourcing methodology to ensure that you’re following best practices. Your Strategic Sourcing Process: What Does Strategic Sourcing Mean?

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Optimal Sourcing Negotiate Pricing 52

Supply Chain Game Changer

OCTOBER 28, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. Change requires Change Management.

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

EC Sourcing Group

OCTOBER 25, 2022

What is the Best Reverse Bidding Process and Strategy? Reverse bidding is the process by which one company bids against another to secure a specific item or service. Instead of buyers bidding on a product or service, suppliers gather to bid for a contract. The most common type used in the reverse bidding process.

Price Reduction 52

Price Reduction Sourcing Strategies Cost Reduction Strategies Negotiating Skills 52

Supply Chain Game Changer

JANUARY 21, 2020

RFPs become RFSs (Requests for Solution), and people speak less about TCO and more about TVO (Total Value of Ownership). What’s interesting is that CIPS involves the language of eAuctioning and Contracting in their definition of eSourcing, which I believe creates confusion. Source: CIPS. Language has a funny way of working.

Procurement Solutions 87

Procurement Solutions Procurement Purchasing Training Negotiating Skills 87

EC Sourcing Group

FEBRUARY 9, 2021

Before the Internet, sourcing was one of the most arduous and lengthy processes of procurement. The back-and-forth process of finding the right supplier, the long drawn-out manual strategic sourcing process—these could take weeks. What Are Sourcing Steps? Optimizing eSourcing and the Award Process.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Vendor Strategies Price Mitigation Strategies 52

Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. Change requires Change Management.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

NC State SCRC

APRIL 6, 2019

Our fourth paper in our series on contract management features a great summary by Sara Sonderman, who pulls together some great information on the application of technology in contract management and renewals. Contract management is a key stage within the strategic sourcing process.

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Software Negotiating Skills Optimal Sourcing 58

AFFLINK

DECEMBER 15, 2016

As healthcare organizations are being forced to cut costs and find ways to increase efficiency, the supply chain is one of the first areas managers will look at. Automating Purchasing Processes. Manual processes in ordering supplies are outdated and inefficient. Using the Right Strategic Sourcing Firm.

Purchasing Skills 61

Purchasing Skills Negotiating Skills Supply Chain Software Negotiate Pricing 61

Talking Logistics

MAY 23, 2018

Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. We’re talking, of course, about Transportation Management System (TMS) solutions to digitize and automate transportation processes. .

Negotiating Skills 100

Negotiating Skills Logistics Network Optimization Software Analytics Software Modeling Software 100

Supply Chain Game Changer

APRIL 15, 2020

As the world around us continues to put the pedal to the metal within the digitalization of business solutions, procurement can’t decide to slow down for every speed bump. While it may seem simple, or mundane, benchmarking the digital solutions on the market should be the first step to any kind of digitalization. Benchmarking.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

SCMDOJO

JULY 3, 2023

You can successfully traverse the complexities of procurement processes with the knowledge, abilities, and tactics you gain during procurement training. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Game Changer

NOVEMBER 24, 2018

Contracts are stored in someone’s drawer or lost, never to be seen again. Contracts often expire leaving us scrambling.”. Practical, Applicable, Sustainable Solutions! But where does this leave smaller companies that can’t afford a dedicated procurement resource, let alone an army of Strategic Sourcing professionals?

Negotiating Skills 51

Negotiating Skills Purchasing Skills Procurement Solutions Negotiate Pricing 51

EC Sourcing Group

JULY 29, 2021

eProcurement and eSourcing Solutions For Your Business. One of the most difficult things about searching for eProcurement and eSourcing solutions for your business is finding the right software to truly suit your needs. eProcurement and eSourcing Solutions : Some Must-Haves in eProcurement. This is vital to risk management. .

Procurement Solutions 52

Procurement Solutions Procurement Analytics Supply Chain Software Purchasing Skills 52

EC Sourcing Group

MARCH 9, 2021

There are a lot of moving parts in procurement, and it’s easy sometimes to keep following the same processes you always have because you are achieving moderate success. Change when it comes to procurement, sourcing, and supply chain management makes people nervous. Read on to learn how you can optimize your process.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Vendor Strategies Cost Reduction Strategies 52

QAD

MAY 26, 2021

Founded in 1979, QAD began as a small startup solution working with local companies to address a large gap in complete, integrated business software for manufacturing companies. What Solutions Does QAD Offer? The QAD solutions portfolio supports the effective and efficient management of manufacturing operations.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Supply Chain Design Software Analytics Software 52

Supply Chain Game Changer

JULY 31, 2019

A while ago, we blogged about how more Startups are looking to Supply Chain Management to boost their productivity as they scale. Supply Chain Management is an important factor for fast-growing hardware manufacturing companies, whether they’re producing goods overseas or at home.

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

SCMDOJO

AUGUST 21, 2023

In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. TikTokers have emerged as a strategic asset for advancing supply chain management, driven by several compelling factors that align seamlessly with the dynamic landscape of the digital age. That was fun, right?

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

EC Sourcing Group

JULY 5, 2022

Spend analysis is a process that identifies, cleans, categorizes, and analyzes your business spend data. The process of spend analysis has specific goals of efficiency and saving money by increasing visibility into spend, which can decrease overall procurement costs. These include: Spend data management. RFQ, RFI, etc.).

Analysis 52

Analysis Analytics Software Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Collaborator

MAY 23, 2018

Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. We’re talking, of course, about Transportation Management System (TMS) solutions to digitize and automate transportation processes.

Negotiating Skills 74

Negotiating Skills Logistics Network Optimization Software Cost Reduction Strategies Analytics Software 74

Supply Chain Game Changer

MAY 8, 2019

RFPs become RFSs (Requests for Solution), and people speak less about TCO and more about TVO (Total Value of Ownership). What’s interesting is that CIPS involves the language of eAuctioning and Contracting in their definition of eSourcing, which I believe creates confusion. Source: CIPS. Language has a funny way of working.

Procurement Solutions 50

Procurement Solutions Procurement Purchasing Training Negotiating Skills 50