ivalua

JANUARY 31, 2022

Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. An Ardent 2021 survey of more than 350 CPOs and other business leaders found that there’s a strong push by procurement teams to adopt suites instead of a collection of standalone or one-off solutions.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

SYSPRO Smarter ERP

JULY 12, 2022

Manufacturers rely on materials sourced from volatile markets, subject to shortages and price instability amongst other things. Cloud ERP offers the procurement solution for businesses to manage and automate every part of the procurement process , from supplier management, purchase requestions and purchase orders to sourcing and invoicing.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

QAD

JULY 18, 2023

New technologies, complex processes and mankind’s incredible ability to solve problems have led to countless innovations that make our everyday lives richer, but there’s no denying that change also has a downside. Few enterprise software solutions understand this challenge better than QAD.

Manufacturing Procurement 94

Manufacturing Procurement Supply Chain Planning Software Vendor Strategies Supply Chain Design Software 94

EC Sourcing Group

OCTOBER 19, 2021

However, those who regularly use them as part of their strategic sourcing methodology understand the relationship between reverse auctions and success in strategic sourcing. . The Importance of Strategic Sourcing : Why Are People Scared to Use Reverse Auctions?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing EC Sourcing Supply Chain Software 52

ivalua

JULY 27, 2015

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” I’m going with Supplier Value Management. If so, in my (imperfect?)

Manufacturing Procurement 100

Manufacturing Procurement Vendor Strategies Sourcing Strategies Cost Reduction Strategies 100

ivalua

JULY 27, 2015

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” I’m going with Supplier Value Management. If so, in my (imperfect?)

Manufacturing Procurement 100

Manufacturing Procurement Vendor Strategies Material Savings Sourcing Strategies 100

EC Sourcing Group

AUGUST 9, 2022

However, sourcing is more than just acquisition—it also involves seller selection, negotiation for contracts, and evaluation of your suppliers over a period of time. But, what makes the best sourcing software for your strategic sourcing solutions ? . What Are the Benefits of Sourcing Software ?

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

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

QAD

OCTOBER 5, 2021

the latest version of QAD’s next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. We are also excited to unveil updates to other areas in the QAD Adaptive Applications solution portfolio. Integrated Supplier Management. Digital Manufacturing.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

ivalua

JUNE 1, 2022

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply Chain Planning Software 130

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

ivalua

JUNE 24, 2015

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. You should care because you and your organization are investing in new technologies to help automate and standardize your internal sourcing and supplier management processes.

Big Data 100

Big Data Manufacturing Procurement Sourcing Analytics Software 100

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

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 must be managed.

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

QAD

JANUARY 4, 2022

Fragile planning and production processes. Lack of real-time communication between the manufacturing enterprise suppliers, third-party logistics providers and consumers. Several industries stood out with solutions to disruptions. Medical and Pharmaceutical Technology. Packaging and Consumer Packaged Goods.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 96

ivalua

MARCH 16, 2021

In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Manufacturing Procurement 130

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

ivalua

MAY 30, 2023

It is an important part of the decision-making process and requires careful consideration of a wide range of factors, such as cost, quality, reliability, and delivery times. However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. in Management Science, he brings a wealth of knowledge to help your organization optimize processes and enhance supply chain performance.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

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

ivalua

JULY 7, 2020

Be it stronger support or stricter policies around supplier management for sustainability and diversity or more efforts to improve the communities involved in and around a business. Overall, Procurement organisations can influence entire ecosystems of suppliers to develop with this balance in mind.

Optimal Sourcing 130

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

ivalua

MAY 9, 2023

There is quite a substantial effort to participate in a public tender process, so most vendors have a limit to how many unsuccessful tenders they are willing to respond to before giving up. Get ready for revolutionary Public Sector spend and procurement management.

Vendor Strategies 246

Vendor Strategies Procurement Solutions Manufacturing Procurement Sourcing Strategies 246

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 must be managed.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

Taulia

AUGUST 29, 2023

Successful supply chain management (SCM) is one of the most effective ways to increase supply chain efficiency. It allows companies to refine and optimize their supply chains based on specific business objectives, tailoring each step in the process to contribute towards their overall goals.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

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. Spend data.

Analysis 52

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

Precoro

OCTOBER 6, 2022

For high-quality analytics, companies implement procurement software solutions and hire data scientists to extract, structure, and process data in the shortest possible time with the highest accuracy. Data exists in spreadsheets, software solutions, e-mails – the list goes on. Data has to be processed for further use.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

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). Source: CIPS. Also, Supplier Management isn’t truly under the umbrella of eSourcing despite the common belief. Source-to-Pay (S2P) is an End-to-End (E2E) perspective. But, what is Source-to-Pay?

Procurement Solutions 87

Procurement Solutions Procurement Purchasing Training Negotiating Skills 87

Precoro

NOVEMBER 13, 2023

In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. It’s a price that procurement professionals formulate during the budgeting process because they believe that’s what the company will pay.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

Precoro

JANUARY 16, 2023

Types of expenditures to consider Difference between spend management and expense management Steps to build a spend management system Importance of spend management Challenges of spend management Risks of poor spend management What is Spend Management? Steps to Build a Spend Management System.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

HICX Solutions

FEBRUARY 18, 2021

Success of suppliers equates to success of the organization. As Jeffrey points out, that close partnership with the supplier is always the ambition but that it is often a difficult practice to establish, especially in light of competition from an area such as strategic sourcing. Supplier Information Management.

Supply Chain Software 52

Supply Chain Software Procurement Supplier Management Data 52

ThroughPut

APRIL 17, 2024

The use of artificial intelligence in supply chain management is only gaining more and more momentum with each passing year. AI with its predictive capabilities is helping companies make more informed decisions, automate processes and optimize efficiency like never before.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Optimal Sourcing 52

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). Source: CIPS. Also, Supplier Management isn’t truly under the umbrella of eSourcing despite the common belief. Source-to-Pay (S2P) is an End-to-End (E2E) perspective. But, what is Source-to-Pay?

Procurement Solutions 50

Procurement Solutions Procurement Purchasing Training Negotiating Skills 50

EC Sourcing Group

JULY 6, 2021

However, figuring out how to become engaged with the strategic sourcing process may have a learning curve if it’s something you’ve never done before. Read on to learn how optimizing sourcing decisions for your business is important, the strategic sourcing meaning , and what you should look for in strategic sourcing software. .

Optimal Sourcing 52

Optimal Sourcing Optimization Software Sourcing Price Mitigation Strategies 52

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. What Is the Spend Analysis Process? Spend analysis involves spend visibility , spending review , and procurement process improvement.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Precoro

MARCH 30, 2022

The term procurement strategy refers to a long-term plan to build strategic relationships with competitive suppliers to acquire the necessary goods and services of the best quality in a specific cost range and have them delivered on time. It’s an overarching term that encompasses various processes of a procurement cycle.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

HICX Solutions

SEPTEMBER 8, 2020

I think consulting firm, Kearney, is on point when they argue that Procurement’s ‘new’ role should primarily focus on “strategic sourcing, supplier management and orchestrating the procurement ‘engine.’” Supplier management as an enabler of strategic sourcing and ‘engine’ orchestration.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Software Optimization Software 52

HICX Solutions

SEPTEMBER 8, 2020

I think consulting firm, Kearney, is on point when they argue that Procurement’s ‘new’ role should primarily focus on “strategic sourcing, supplier management and orchestrating the procurement ‘engine.’” Supplier management as an enabler of strategic sourcing and ‘engine’ orchestration.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Software Optimization Software 52

CormSquare

JANUARY 13, 2017

MRO altogether is a unique thing, even if on the surface it looks like many other large areas, most companies typically see MRO as: Having a fragmented and differentiated supply base, which can make it difficult to directly compare alternatives because of unique, supplier-specific capabilities. A significant portion of spend.

Manufacturing Procurement 50

Manufacturing Procurement Purchasing Skills Procurement Analytics Procurement Solutions 50