Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! Dirty little secrets article and permission to publish here provided by Sam Jenks. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here!

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

Supply Chain Game Changer

JUNE 18, 2021

Featuring Our 12 Best Procurement Articles! E-Signatures article and permission to publish here provided by Mariana Wilona. In the procurement profession, speed and efficiency are key. There is just too much time and money that can be wasted on a daily basis while signing paper documents. Procurement Automation.

Sourcing Strategies 60

Sourcing Strategies Procurement Analytics Procurement Solutions Procurement 60

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. Again, the days of year-long implementations should be just a memory.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Precoro

AUGUST 26, 2021

Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined. Purchasing?

Pricing Training 98

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

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

Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. It’s time to air our dirty laundry.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

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. Globalization. Integration.

Manufacturing Procurement 100

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SCMDOJO

MARCH 19, 2024

This article describes a streamlined supply chain department, ultimately leading to increased productivity and profitability. While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Game Changer

AUGUST 5, 2021

The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Ounces | Sustainable Procurement Initiatives. Subscribe Here! Email Address. I love cooking.

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Companies, both large and small, are changing.

Supply Chain Design Software 264

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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. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Game Changer

FEBRUARY 16, 2020

IKEA article originally published by, and permission to publish here provided by, Sam Jenks at [link] . 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. Now bear with me here….

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

Supply Chain Game Changer

JULY 3, 2019

Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. It’s become the keyword that you see in article titles and hit like or share when scrolling by? Sustainability is created at the source of our products, services, and consumption. in this case, responsible sourcing.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Logistics Viewpoints

JANUARY 12, 2022

Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. Accordingly Supply Chain and Procurement will need continuous collaboration.

Optimal Sourcing 296

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QAD

MAY 23, 2023

As I explained in a recent article on Supply & Demand Chain Executive , organizations that leverage supply chain digitization will be the most likely to succeed. With statistics like these, it’s clear that ethical sourcing isn’t just important from a legislative and trade compliance perspective, but is simply the right thing to do.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

QAD

AUGUST 16, 2022

Global supply chains are suffering from what a recent research article from J.P. In a recent article from Procurious , the authors suggest: “A modern spend management strategy requires visibility into your suppliers’ practices as much as your own. Supplier visibility provides analytics and insights to inform your strategy.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). It is not a PR exercise or a corporate goal or policy document.

Resource Reduction 32

Resource Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 32

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). It is not a PR exercise or a corporate goal or policy document.

Resource Reduction 36

Resource Reduction Sourcing Strategies Price Reduction Supply and Demand 36

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management. Contract Review.

Supply Chain Software 246

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The Logistics & Supply Chain Management Society

JULY 16, 2023

He is also an Adjunct Professor with UTM Azman Hashim International Business School in Malaysia, conducting research on halal procurement strategy, halal supply chain management, and halal risk and reputation management. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

QAD

JUNE 29, 2023

As I mentioned in a recent article in Quality Digest , prevention is cheaper than playing quality catch-up. This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers. So why doesn’t everybody do it?

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

Supply Chain Shaman

MARCH 12, 2019

Hopefully, by the end of the article you will also agree. This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. These sources while functional are difficult to connect. Traditionally, deployments focused on indirect procurement.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Supply Chain Game Changer

JUNE 23, 2021

Featuring Our 12 Best Procurement Articles! Competitive bidding results article and permission to publish here provided by James Liang at PowerRFP. While they should have a strong emphasis on increasing sales, they often under-invest in improving procurement performance. Subscribe Here! Email Address.

Optimal Sourcing 72

Optimal Sourcing Analytics Software Optimization Software Supply Chain Software 72

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 63

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 63

Logistics Viewpoints

MARCH 2, 2023

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. But we’re also seeing many of the supply chain industry’s biggest digital pioneers displaying real moxie in recognizing the opportunity in front of them. Reduced working capital.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. You can download the full report at this link.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Optimal Sourcing Study 60

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

Supply Chain Game Changer

AUGUST 11, 2021

Cyber security options article and permission to publish here provided by Angelo Chongco. Generally, cyber security supply chain threats affect the following: Procurement Vendor management Supply chain continuity Quality Transportation security Many other corporate operations. Good IT Procurement Governance. Subscribe Here!

Supply Chain Planning Software 98

Supply Chain Planning Software Security Supply Chain Software Supply Chain Network Software 98

Supply Chain Game Changer

OCTOBER 4, 2022

Effective supply chain management includes the planning and implementation of several tasks such as acquisition, sources, conversion, and delivery. Partner Expertise In Sourcing. When obtaining resources, services, or data from a third party, a project manager ensures that both internal and external sources are consistent and timely.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

Logistics Viewpoints

AUGUST 29, 2022

They got those documents quickly, and then got them in the hands of all employees and suppliers in 24 hours. One of the players in this market, Resilinc, is monitoring 105 million data sources. So, the term “Haiphong” when combined in an article with the phrase “port fire” would generate an alert. This data needs to be curated.

Risk Management 193

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 193

Logistics Bureau

NOVEMBER 23, 2020

Procurement Communications. Leading the field are chatbots, which allow text-based interactions, for example, between procurement managers and their suppliers’ systems. Leading the field are chatbots, which allow text-based interactions, for example, between procurement managers and their suppliers’ systems.

Supply Chain Planning Software 89

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Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! New age of negotiation article and permission to publish here provided by Sam Jenks at kodiakrating.com. A “100-page-plus document was filled with “supplier shall” statements that detailed FedEx’s obligations and outlined dozens of metrics for how Dell would measure success.

Negotiating Skills 69

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