EC Sourcing Group

JANUARY 4, 2022

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

Eyvo

SEPTEMBER 28, 2021

Managing procurement processes and supply chains can be strenuous for many organizations. Resilient supply chains and efficient eProcurement software are what make the recent trends in procurement complete. Resilient supply chains and efficient eProcurement software are what make the recent trends in procurement complete.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Analytics Software Supply Chain Software 52

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

EC Sourcing Group

DECEMBER 7, 2021

Procurement: What Is the Best Professional eSourcing Service? eSourcing in procurement falls under the umbrella of the procurement process, just as procurement fits within the supply chain. eSourcing in procurement falls under the umbrella of the procurement process, just as procurement fits within the supply chain.

Procurement 52

Procurement EC Sourcing Sourcing Strategies Analytics Software 52

EC Sourcing Group

OCTOBER 5, 2021

How to Streamline Your Procurement Process from Weeks to Hours. When contract management and procurement software first arrived on the scene, overnight it became an easy way to streamline the procurement process. However, the sourcing and procurement process flow constantly changes, and its needs do as well. .

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

EC Sourcing Group

JULY 28, 2020

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management? Objectives of Procurement Management: Managing Contracts.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 52

EC Sourcing Group

NOVEMBER 8, 2023

The procurement world is on the brink of a new era. These innovations aren’t just upgrades—they are game-changers, reshaping the procurement landscape and setting the bar for what’s possible. Intelligent Automation and AI-Driven Analytics AI continues to be the powerhouse driving eSourcing into new dimensions of efficiency and insight.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Sourcing Strategies 52

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

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Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

NC State SCRC

OCTOBER 21, 2016

I had the opportunity to attend a number of exciting events on procurement analytics in the last month. First, I attended a CAPS Research event in RTP on Procurement Analytics, held right down the road at IBM headquarters. Next, I attended a second CAPS Research Roundtable held in Tempe, AZ.

Analytics Software 40

Analytics Software Predictive Analytics Software Optimal Sourcing Predictive Analytics 40

EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Run analytics.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

Logistics Viewpoints

OCTOBER 19, 2023

Supply chain leaders from planning to procurement to logistics face labor shortages and cost concerns, so they want to reduce workforce time spent on manual activities. Even if their solution demos impressively, look past the shininess for proof ensuring your solution will go live in the time frame you expect.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

EC Sourcing Group

APRIL 6, 2023

However, many of these same organizations fail to consider the impact that unconscious bias can have on their procurement process. Unconscious bias refers to the attitudes or stereotypes that affect our decisions and actions without us even realizing it. Various types of unconscious bias can occur within procurement.

Vendor Strategies 52

Vendor Strategies Analytics Software Optimal Sourcing How To 52

EC Sourcing Group

NOVEMBER 17, 2020

When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Procure-to-pay operations. Spend analytics.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. Finding Your Own Goals in Procurement. Goals of Procurement Management: Vendor Management. Minimize risk. Lower costs.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. In procurement, unethical practices can be hard to spot. It’s critical to understand what makes up ethical vs. unethical practices within your procurement function. Unethical Procurement Practices : Examples of Unethical Behavior.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

EC Sourcing Group

JANUARY 19, 2023

S pend analysis in procurement is a longstanding concept, however, implementation can be difficult without the proper tools. Over the years, implementing this kind of analysis has become more accessible than ever with the advent of robust procurement tools and software.

Analysis 52

Analysis Procurement Solutions Analytics Software Logistics Network Optimization Software 52

EC Sourcing Group

NOVEMBER 1, 2022

Having the right RFP solutions for manufacturing can streamline your overall sourcing and procurement processes, keeping a stable supply chain. Read on to learn more about RFP solutions for manufacturing , what RFP software is , and what the best RFP management software is that has tools to fulfill your procurement needs. .

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Analytics Software Supply Chain Software 52

Supply Chain Shaman

NOVEMBER 11, 2020

Rubikloud, with advanced analytics for trade promotions, price, and assortment, positions new solution techniques with artificial intelligence for traditional data model constructs for modeling. The solution demos are weak, and the leadership vision is lacking. Technology innovation in indirect procurement is not relevant to direct.

Supply Chain Design Software 297

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

EC Sourcing Group

JUNE 14, 2023

In the dynamic world of procurement , sourcing teams are constantly on the lookout for innovative strategies to drive cost savings and improve supplier relationships. Understanding Reverse Auctions: Reverse auctions are a procurement strategy where suppliers compete to win a contract by bidding down prices.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 52

EC Sourcing Group

FEBRUARY 8, 2023

If you’re still performing sourcing manually or are curious about how to streamline your sourcing methods , read on to learn about these five ways traditional sourcing methods hold you back, and why tech-enabled sourcing strategies in procurement are a far better choice. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Supply Chain Matters

SEPTEMBER 27, 2023

A demo of functionality included not only the accounting of carbon consumption, but the creation of a data store of material components specified and procured in product supply chains that can be leveraged by supply chain teams in procurement sourcing or supplier management decisions.

SAP 52

SAP Supply Chain Planning Software Prescriptive Analytics Software Analytics Software 52

My Office Apps

MAY 30, 2023

With features like automated reorder points and demand forecasting, distributors can streamline procurement and maintain optimal inventory levels. From procurement and inventory management to production planning and logistics, ERP systems provide real-time visibility into the supply chain, enabling distributors to make data-driven decisions.

Optimal Sourcing 78

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Optimization Software 78

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU.

Negotiating Skills 274

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EC Sourcing Group

NOVEMBER 15, 2022

A critical aspect of the following supply chain best practices is to have intuitive procurement software that provides insights and analytics to help navigate the uncertainty and make the best decisions for the future. Supply Chain Best Practices : The Effect of Inflation on Procurement & the Supply Chain.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimal Sourcing 52

o9 Solutions

FEBRUARY 26, 2020

Top Reasons Organizations are Upgrading their Supply Chain Analytics Capabilities. Request a demo that will highlight the capabilities that matter to you. Supply Chain Analytics. Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs o9 Solutions February 25, 2020.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Optimization 52

EC Sourcing Group

NOVEMBER 16, 2021

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). Without goods and services, nothing can be produced, which would make procurement impossible. One of the more prominent features of supply chain software should be its analytical tools.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

EC Sourcing Group

APRIL 26, 2022

The eTendering process is an integral part of procurement and the overall supply chain. eTendering, also known as eSourcing , is simply the act of conducting procurement online—namely, receiving and sending tenders using an online platform, like tender process software. We want you to reimagine the way you think about procurement.

Optimal Sourcing 52

Optimal Sourcing Material Savings Cost Reduction Strategies Procurement Solutions 52

EC Sourcing Group

AUGUST 3, 2021

One of the most significant pieces when it comes to sourcing and procurement solutions is your suppliers. As you procure goods and services, you will have different levels and types of suppliers, and not all of them will be at the same strategic level, including the most trusted suppliers that you have developed a strong partnership with. .

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing EC Sourcing Vendor Strategies 52

o9 Solutions

FEBRUARY 27, 2020

Request a demo that will highlight the capabilities that matter to you. Supply Chain Analytics. Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs o9 Solutions February 25, 2020. Procurement: Digital Assistance. Procurement, Production, Suppliers.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU.

Price Reduction 259

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 259

EC Sourcing Group

MARCH 21, 2022

Sourcing is a vital piece of procurement and the overall supply chain itself. Read on to learn more about how to optimize the procurement process and how to improve upon sourcing. Your eSourcing software should have the following features: Spend analytics. We want you to reimagine the way you think about procurement.

Optimal Sourcing 52

Optimal Sourcing Sourcing Optimization Software Supply Chain Planning Software 52

My Office Apps

JULY 28, 2022

When considering your current ERP software, your business could be lacking not only in the accuracy of information but also ineffective analytics and reporting on the state of your inventory. Analytics- Determine actionable data such as turnover rates and cost of goods sold.

Inventory Management Software 52

Inventory Management Software Inventory Management Supply Chain Planning Software Analytics Software 52

My Office Apps

JULY 28, 2022

When considering your current ERP inventory manager, your business could be lacking not only in accuracy of information, but also effective analytics and reporting on the state of your inventory. Analytics- Determine actionable data such as turnover rates and cost of goods sold.

Inventory Management Software 52

Inventory Management Software Inventory Management Supply Chain Planning Software Analytics Software 52

EC Sourcing Group

FEBRUARY 11, 2022

A reverse auction is an important part of procurement as procurement is vital throughout the entire supply chain. Big data and analytics that will help you improve. For more information on reverse auction software or to schedule a demo, contact EC Sourcing, a Simfoni Company through our web form located here.

Analytics Software 52

Analytics Software Optimization Software Optimal Sourcing Demand Planning Software 52

EC Sourcing Group

APRIL 19, 2022

eSourcing is a small yet vital part of procurement , which affects the overall supply chain in a positive way if it’s carried out correctly. Your software should have itemized ranking, analytics, and real-time feedback. Analytics for post-bid evaluation. We want you to reimagine the way you think about procurement.

Analytics Software 52

Analytics Software Optimization Software Optimal Sourcing Supply Chain Software 52

Freightos

FEBRUARY 28, 2024

Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU.

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