Procurement Academy

MARCH 2, 2023

After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team. Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

Supply Chain Matters

AUGUST 8, 2022

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions. reported for June, and 2.59

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. The number of annual EventWatch AI alerts approximately doubled since 2020 to about 10,700 in 2022.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. reported at the end of March, and a 52.3 down from 53.0

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

ModusLink Corporation

DECEMBER 13, 2022

However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed. US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce. 2 November 2022.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Matters

NOVEMBER 23, 2022

According to a report published by Nikkei Asia ( Paid subscription or metered view ), the chemical and electronics provider signed a memorandum of understanding with the State of Tennessee involving a 420 acre facility to be located in Clarksville, Tennessee. South Korea based LG Chem announced this week a planned $3.2 Under new U.S.

Automotive 52

Automotive South Korea Tennessee Manufacturing Procurement 52

Supply Chain Matters

JULY 15, 2022

With so many having to work from home during the ongoing Covid-19 pandemic, consumers upped their purchases of in-home fitness equipment. Sourcing was both a cost as well as landed cost decision factor. The attention of the company’s most senior management, as well as its investors became center stage.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported 50 value for February was up 0.9

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? The importance of liquidity management Liquidity management plays a significant role in various processes.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Cotton production in India could dip 4% from 2021, down to 34 million bales in the 2021/2022 marketing year. you can manage ongoing shortages with. Chain Store Age ). McKinsey ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. Combining two companies in a supply chain can greatly reduce the input costs, which are incurred to provide a product or service. They include things like the cost of materials, labor, and transportation. Risk Assessment. Find out how.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Supply Chain Game Changer

SEPTEMBER 28, 2022

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. It clearly manages supplier payment terms and conditions, defining Accounts Payable. Procurement negotiates and sets the conditions for purchase of all goods and services, which by extension impacts cash flow.

Negotiating Skills 118

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Supply Chain Strategy 118

Supply Chain Game Changer

SEPTEMBER 30, 2022

This essentially means that it becomes possible for supply chain managers to expand data storage capacity when needed. The best part is that this is possible and achievable without having to upgrade one’s hardware infrastructure or purchase new software licenses. Cost-Free Automated Procurement Processes.

Supply Chain Software 112

Supply Chain Software Supply Chain Network Software Analytics Software Modeling Software 112

SYSPRO Smarter ERP

DECEMBER 11, 2023

According to the International Energy Agency, renewable energy will account for 47% of the world’s electricity generation by 2030 — up from 30% in 2022. It can track, manage and report the book value and depreciation of fixed assets. For period-end, companies can close the books quicker and report financials accurately.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Resilinc

MAY 18, 2021

As expected, the semiconductor shortage continues to plague the automotive industry with carmakers now expected to suffer losses of $110 billion in 2021, according to a widely reported estimate from Alix Partners. And, the long timeframes required to build new semiconductor fabs mean chip supply won’t be flowing anytime soon.

Cost Reduction Strategies 62

Cost Reduction Strategies Purchasing Skills Manufacturing Procurement Procurement Analytics 62

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. We’ve invested in ensuring every step of the journey for the customer, from quote to reporting, is digitalised, and we’re moving on this roadmap with pace.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

Resilinc

NOVEMBER 22, 2022

Media reports blame the shortages on workforce issues at Teva and rising demand for the drug associated with the proliferation of online ADHD diagnosis services. Pharma consulting and research firm Advisory Group reported Nov. This weakness was highlighted by the Biden Administration in its June 2021 supply chain report.

Pharmaceutical 62

Pharmaceutical Manufacturing Procurement Modeling Procurement Analytics 62