Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Source: SGX, Freightos Baltic Index. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Jaggaer

MARCH 30, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. In 2016, that number had plummeted to 24 years. How Big Data Analysis Plays into Procurement. Sourcing with Big Data.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

GlobalTranz

JANUARY 18, 2017

Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. The annual growth rate for machine learning and artificial intelligence grew more than 500 percent from 2013 through 2016. Industry 4.0

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Supply Chain Shaman

NOVEMBER 11, 2020

The discipline, first defined in 1982, includes source, make, deliver, and planning functions. For comparison, JDA had $2B in debt with a minority investment by Blackstone Partners in 2016. Elemica was acquired by Thoma Bravo, a leading private equity investment firm, in 2016. The supply chain career is new. Evolution is messy.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Supply Chain Movement

JULY 20, 2016

Date: September 6, 2016. Innovation meets Global Sourcing. Young Professionals should begin as early as possible to gain knowledge in the fields of possibilities for procurement and logistics. Young Professionals should begin as early as possible to gain knowledge in the fields of possibilities for procurement and logistics.

India 60

India Procurement Supply Chain Software China 60

Supply Chain Movement

SEPTEMBER 20, 2016

Fit for Growth 2016. Date: 24 November, 2016. In cooperation with the companies Dräxlmaier and Stabi lus, the Association for Supply Chain Management, Procurement and Logistics (BME) is organizing the first German-Romanian Supplier Dialogue Fit for Growth on 24 November 2016 in Bucharest, Romania. URL: www.bme.de/en/all-events/fit-for-growth/.

Romania 60

Romania Serbia Bulgaria Logistics Network Optimization Software 60

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

Supply Chain Movement

AUGUST 18, 2016

3rd CEE Procurement & Supply Forum. Date: 19 October, 2016. Global sourcing and sourcing in Central-Eastern Europe (CEE) has long been state of the art for international companies. How to effectively identify and benefit from these potentials will be the main focus of the 3rd CEE Procurement & Supply Forum.

Optimal Sourcing 60

Optimal Sourcing Czech Republic Procurement Modeling 60

Supply Chain Movement

JANUARY 6, 2016

Supply Chain Movement helps you along with an overview of the most important European supply chain events in 2016. Last updated on January 6th , 2016. RLCON 2016. ARC Industry Forum Europe 2016. ISC Europe 2016. Global ManuChem Strategies 2016. Turkey Trade & Export Finance Conference 2016.

Pharmaceutical 60

Pharmaceutical Manufacturing Procurement Gartner Optimal Sourcing 60

Logistics Viewpoints

JUNE 29, 2023

PO Collaboration involves close coordination with suppliers to procure materials based on order specifications, tracking delivery timelines, and aligning production schedules to meet customer delivery expectations. It directly affects the bottom line, making it crucial to manage effectively. Nari Viswanathan is currently Sr.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Jaggaer

MARCH 18, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. In 2016, that number had plummeted to 24 years. How Big Data Analysis Plays into Procurement. Sourcing with Big Data.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

GlobalTranz

DECEMBER 7, 2015

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. The Role of Robotics in the list of manufacturing trends in 2016 cannot be understated or ignored. percent annual growth.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here!

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Movement

JANUARY 11, 2016

Procurement. Focus for 2016. Our focus for 2016 is: Transformation – Information technologies, understanding big data, and digital supply networks are pushing supply chain management to new levels of efficiency. Our members include: VPs/Directors/Group Heads in: Supply Chain. Purchasing. Operations. Supply Chain Quality.

Supply Chain Design Software 60

Supply Chain Design Software Sourcing Strategies Supply Chain Strategy Supply Chain Design 60

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

GlobalTranz

NOVEMBER 19, 2018

Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016). For example, Supply & Chain Executive reported that there were 260 major natural disasters in 2016 that resulted in an economic loss of $211 billion.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

EcoVadis

NOVEMBER 24, 2016

The ISO 37001 anti-bribery management system standard, was released October 15 2016. Source: International Organisation for Standardisation website ). EcoVadis and ISO 37001:2016. EcoVadis assesses supplier CSR risks using 21 criteria covering environment, labor & human rights, business ethics and sustainable procurement.

System 70

System Optimal Sourcing Buyer Training Guidelines 70

EcoVadis

JULY 13, 2018

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. Section 6 of the ISO 20400 also provides organizations with guidelines on sustainable procurement reporting (6.5.2 What Are the Key Benefits?

Procurement Analytics 74

Procurement Analytics Procurement Solutions Optimal Sourcing Sustainability 74

SCMDOJO

JULY 29, 2022

While the previous points of criticism are valid and worth considering, EOQ might help procure both; the repetitive items and the MRO (maintenance, repair and operation) items. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Lysons, Procurement & Supply Chain Management, 9th Ed. ,

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

CormSquare

JANUARY 24, 2017

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. There is plenty to worry about. Cost Reduction. This level is higher than the previous year, 69%.

Procurement Solutions 50

Procurement Solutions Procurement Analytics Cost Reduction Strategies Purchasing Skills 50

Supply Chain Shaman

SEPTEMBER 22, 2021

At the end of the presentation, I asked Allyson her perspective on open source analytics. After implementation, in 2016, no business or product owners were appointed. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. Massive Disruption.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

ivalua

MARCH 17, 2021

The Grants Oversight and New Efficiency (GONE) Act of 2016 – The goal of this law is to provide visibility into aged grants and enable efficient closeout of expired grants. The Procurement Link. His experience spans various key areas of procurement, supply chain, grants management and government funding.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

ModusLink Corporation

NOVEMBER 18, 2021

Furthermore, the notion of Sustainable Supply Chain Management is often linked with social responsibility or environmental management (Ali Esfahbodi, 2016). This will aim at reducing environmental impact from the acquisition of raw materials to the final use and disposal of the product (Ali Esfahbodi, 2016). 1995, April 12).

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

Claritum

JANUARY 8, 2017

Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of procurement.  by.

Procurement Analytics 39

Procurement Analytics Procurement Solutions Procurement Supply Chain Network Software 39

Talking Logistics

FEBRUARY 29, 2016

Here’s what ATA Chief Economist Bob Costello had to say: “Clearly, 2016 started soft for truck tonnage. There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. We do not expect capacity to tighten in 2016 unless the economy regains steam.

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

NC State SCRC

AUGUST 6, 2016

Additionally, the creation of a website will allow for the processes to be more transparent to enable more efficient interactions with our global procurement colleagues. Commodity/Category sourcing profiles within Research and Development (R&D). Commodity/Category sourcing profiles within Research and Development (R&D).

Sourcing Strategies 40

Sourcing Strategies Modeling Resource Reduction Supply Chain Strategy 40

NC State SCRC

MARCH 16, 2017

I had the opportunity to sit in on a number of sessions at Procurement Leaders American Congress 2017 in Miami this week. PL’s research shows that for procurement, cost savings is still the main issue that executives focus on. in 2015, down from 7% in 2016. in 2015, down from 7% in 2016.

Optimal Sourcing 40

Optimal Sourcing Innovation Procurement Supply Chain Design Software 40

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. At the same time, a global supply chain comes w/ global challenges.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Freightos

NOVEMBER 11, 2021

The original 2016 driver for this shift seems hard to believe in today’s freight environment: a focus on long-term business viability spurred by ocean freight rates so low that they precipitated the bankruptcy filing by ocean carrier Hanjin. Image via StarAir.dk). Behind the Maersk shift. The difference… and the looming carrier threat.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

EcoVadis

MARCH 3, 2016

Attending the ProcureCon Pharma this week is an insightful view into the challenges facing procurement teams of all sizes in this changing industry. From keynotes onward, you are immersed in the transformation occurring in procurement. But procurement ends up collecting the data. Leadership on the move… Up!

Pharmaceutical 40

Pharmaceutical Industrial Industry Material Savings 40