ModusLink Corporation

APRIL 22, 2024

Electronics components require specific training, facilities, and equipment due to their delicate nature and sensitivity to environmental factors. End-to-end management of component procurement, inventory management, and JIT delivery. Skilled workforce trained in the latest assembly techniques and quality standards.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

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. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

ivalua

SEPTEMBER 25, 2020

The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement transformation has widened the digital skills gap.

Buyer Training 100

Buyer Training Optimal Sourcing Analytics Software Procurement 100

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. The reason? Broad Strokes.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? These services include: Software; Analytics; Networking; Data storage; Servers and more. Three Categories of Cloud Procurement.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

ivalua

DECEMBER 17, 2018

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Here are the top takeaways from that Webinar and from the full research.:

Procurement 124

Procurement Analytics Software Sourcing Strategies Supply Chain Planning Software 124

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

Procurement Academy

OCTOBER 18, 2023

The challenge Following the appointment of NXP’s Chief Procurement Officer, Jeff Wincel , a new global strategy was implemented that included a pillar dedicated to ‘people and success’. As part of this important pillar, a professional development program was created to transform the procurement department.

Case Study 52

Case Study Negotiating Skills Study Buyer Training 52

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Shift in cycles. Over the past three years, supply chain cycles shifted. The reason?

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Procurement Academy

AUGUST 17, 2021

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. Data analytics. Business schools and conventional approaches to supply chain and procurement education struggle to keep pace with all this change.

Buyer Training 93

Buyer Training Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Procurement Academy

JANUARY 25, 2021

Employees who are well informed and have access to training materials are typically happier and perform better when required. It provides role-based training to the retail organization’s workforce and helps them to broaden their knowledge. Their skills and knowledge are an important concern. I n Conclusion.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

Bristlecone

JUNE 30, 2020

We’re pleased to introduce our new portfolio of supply chain analytics solutions. We’ve designed these new analytics solutions not only to help you generate deep data-driven insights, but to enable you to do so quickly. Interested in evaluating our new analytics solutions for your business?

Optimal Sourcing 52

Optimal Sourcing Analytics S&OP Inventory Reduction 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

DynaSys

OCTOBER 7, 2021

Are you interested in Advanced Analytics for your Supply Chain? Data analytics is widely explained in three approaches and also have helped thousands of companies in all industries gain visibility across the supply chain, collaborate with partners, and better understand risks and opportunities. PwC Global Supply Chain Survey).

Analytics Software 52

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

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 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

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. It was blasphemy when I started socializing the concept of business leaders typing their memos and using email. Within a year, we eliminated the typing pool.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient. Procurement planning inside of lead time is not sufficient. So, why ride an Octopus?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. The reason? Broad Strokes.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

NC State SCRC

JUNE 27, 2016

I had the opportunity to attend the Procurement Leaders in San Francisco forum two weeks ago, followed by attending the ISM Carolinas-Virginia meeting in Winston Salem last week. Procurement analytics was discussed at length at both sessions. Most are still focused on spend analytics.

Procurement Analytics 40

Procurement Analytics Prescriptive Analytics Software Optimal Sourcing Predictive Analytics 40

HICX Solutions

OCTOBER 20, 2020

In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. The role of data in the future procurement function.

Manufacturing Procurement 59

Manufacturing Procurement Negotiating Skills Supply Chain Software Procurement 59

Logility

MARCH 11, 2024

The aim to change the future of young entrepreneurs, early-career professionals, and school students in Burundi by providing access to technology, educational resources, and training programs that empower individuals to thrive in the digital era. It also provides advertisers the analytics, data, and ability to reach their target audience.

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

SCMDOJO

NOVEMBER 8, 2022

2) Supply Chain Analytics | 22k Subscribers. The Supply Chain Analytics Channel is funded by the Ministry of HRD government of India as part of its National Program on Technology Enhanced Learning (NPTEL). The Supply Chain Analytics Channel is highly detailed and will always be recommended for years to come. Subscribers.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 120

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. While this might seem minimal, it actually implies accuracy and training will be much more efficient.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

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. We’re thrilled to be launching this training program to our employees to help unify our global teams and be the true specialists in our field.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

The Logistics of Logistics

FEBRUARY 11, 2022

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

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

HICX Solutions

OCTOBER 20, 2020

In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. The role of data in the future procurement function.

Manufacturing Procurement 52

Manufacturing Procurement Negotiating Skills Supply Chain Software Procurement 52

Procurement Academy

MAY 15, 2023

Lack of core technical skills is stifling procurement and supply chain teams in the race to Industry 4.0 Over two-thirds (69%) of supply chain and procurement leaders recognize technical skills as a crucial requirement, closely followed by strategic thinking (67%).

Optimal Sourcing 52

Optimal Sourcing Buyer Training Supply Chain Planning Software Industrial 52

Procurement Academy

OCTOBER 26, 2022

LONDON, 26th October 2022 : More than half (56%) of senior supply chain professionals say that employee retention in their function has decreased over the past three years – and 57% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics.

Buyer Training 52

Buyer Training Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 52

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

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Another aspect of what makes digital procurement stand out is that of mitigating risk and increasing spend visibility. Focusing on spend analytics is crucial and yet there are organizations that still do this at a rudimentary level.

Procurement Solutions 58

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 58