Remove 2011 Remove Procurement Solutions Remove Sourcing
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Single Source vs. Sole Source: What Is the Difference?

Precoro

The difference between sole source vs. single source is on the surface. In single sourcing, your company selects a single supplier exclusively , even though there are other capable suppliers on the market. In sole sourcing, you don’t have a choice —only one supplier can provide what you need. The reason?

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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

As a result, it remained profitable, gained market share, and became a leading example of recession-resilient supply chain management (Saxena & Sharma, 2011). Diversify and Strengthen Your Supplier Network for Reliable Sourcing Overreliance on a single supplier or geographic region increases vulnerability during economic disruptions.

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The Journey of Enterprise Resource Planning (ERP) in Manufacturing

Jaggaer

If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. Origins of ERP ERP is a software system that helps organizations streamline their core business processes. Baan, JD Edwards, and PeopleSoft also developed their own solutions at this time.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Make to Order: Here, products are manufactured based on specific customer orders. Nari Viswanathan is currently Sr.

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Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. One Tool, Many Challenges.

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Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. One Tool, Many Challenges.

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Demand-Driven Transformation at Shell

Supply Chain Shaman

It is just not enough to do a software upgrade or slowly push continuous improvement projects. In 2010-2011 Shell partnered with Terra Technology to roll-out demand sensing as a bolt-on to the SAP environment. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015.