Proxima

NOVEMBER 2, 2022

These might have been at events, in collaboration forums, with solution partners, or one-to-one with procurement and sustainability professionals and their teams. The slow progress on common regulations or industry standards is tempering investment. The result, the Scope 3 Maturity Benchmark. What have we done?

Benchmarking 52

Benchmarking Resource Reduction Modeling Modeling Software 52

Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” Read more Why Benchmarking is the First Step to a Successful Freight Procurement Event. The good news.

Benchmarking 191

Benchmarking Procurement Freight Conference 191

The Logistics of Logistics

AUGUST 28, 2023

Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Supplier Lead Time. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

OCTOBER 19, 2020

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Brad brings it all to the table from characterizing Emerge’s brand and culture, presenting Emerge’s value proposition to the industry, and determining pivotal insights to enhance customer experience. About Emerge.

Supply Chain Network Software 210

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 210

Logistics Viewpoints

FEBRUARY 14, 2024

To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

The Logistics of Logistics

JULY 27, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. About Mark McEntire . Mark joined Emerge in January 2022. Mark earned a B.S.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Supply Chain Network Software Analytics Software Modeling Software 185

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Consider how these issues will impact your carrier rates and learn why now is the ideal time to benchmark and bid your rates with the help of a third-party logistics (3PL) provider.

Benchmarking 100

Benchmarking Negotiating Skills Price Reduction Cost Reduction Strategies 100

EC Sourcing Group

NOVEMBER 3, 2021

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study. SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions.

EC Sourcing 52

EC Sourcing Optimal Sourcing Sourcing Strategies Benchmarking 52

Proxima

MAY 26, 2023

Germany looks like it is heading into recession with industrial production falling in March. So, what does this all mean for procurement? Procurement leaders in the short term must focus on cost optimisation. There are two very different aspects to that relating to procurement. The UK posted quarterly growth of just 0.1%

Procurement 52

Procurement Germany Price Reduction Benchmarking 52

EC Sourcing Group

DECEMBER 2, 2021

Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study . which combines equal feedback from industry analysts and clients alike. . which combines equal feedback from industry analysts and clients alike.

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 52

EC Sourcing Group

DECEMBER 2, 2021

Factoring largely into it’s evaluation criteria are the results from the Spend Matters SolutionMap benchmarking study . which combines equal feedback from industry analysts and clients alike. . which combines equal feedback from industry analysts and clients alike.

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 52

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

Supply Chain Movement

DECEMBER 9, 2014

This marcus evans forum will allow you to explore and debate PSCM industry best practice and the best strategies to reduce costs and add value to the company. Focus will be on equipping industry leaders with the tools they need to reduce costs and drive value creation in the supply chain. Key Topics.

Cost Reduction Strategies 84

Cost Reduction Strategies Supply Chain Strategy Procurement Supply Chain Software 84

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

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Focus on Carrier Procurement and Management. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

Bristlecone

JULY 14, 2020

It also helps companies develop the opportunity to better manage their global network of suppliers, build new procurement models and improve speed to market. Actions that Improve Aviation Industry Procurement Performance . Alignment of Purchasing Strategy with the Overall Corporate Strategy. Category Management. DISCOVER MORE.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Sourcing Strategies 52

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

HICX Solutions

FEBRUARY 2, 2023

Charlotte Anabelle de Brabandt , Head of IT Partner Management & Head of IT Governance US at ZF Group and Max Kent , CEO at Procure Services LTD. The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Logistics Viewpoints

OCTOBER 2, 2023

This allows the company to do some interesting benchmarking. Customers of these solutions also mention improved improved agility, improved transportation procurement , better warehouse and yard operations, better store operations for retailers, and other benefits as well. Large retailers demand shipments be delivered on time in full.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Such analysis is essential for understanding procurement requirements.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Demand Solutions

MARCH 27, 2020

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams. The result? Less data entry!

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

Supply Chain Game Changer

NOVEMBER 7, 2019

In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. The Digital Procurement Ecosystem. Digitization vs. Digitalization.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

The Logistics of Logistics

FEBRUARY 23, 2022

It’s Not the Market, It’s Your Procurement with Andrew Haverkampf. Andrew Haverkampf and Joe Lynch discuss it’s not the market, it’s your procurement. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Robinson, Coyote, AFN, and Uber Freight.

Procurement 226

Procurement Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software 226

Proxima

MARCH 20, 2023

Our CPO Report showed that the economic downturn isn’t causing procurement leaders to abandon sustainability goals in 2023 but there is no doubt they are in a challenging environment. We have set out focus areas for procurement leaders looking to prioritize minimizing their emissions this year. This starts in the supply chain.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Sustainability 52

SCMDOJO

MARCH 19, 2024

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. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Movement

AUGUST 12, 2015

50 th Symposium Procurement and Logistics. The association is open to all industries and types of company. More than 2,200 decision-makers from procurement, SCM and logistics. Intensive networking and benchmarking. >> Date: 11-13 November, 2015. Location: InterContinental, Berlin (Germany). URL: www.bme.de/en/all-events-en/50th-symposium-purchasing-and-logistics/.

Procurement 60

Procurement Logistics Material Savings Germany 60

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

ThroughPut

FEBRUARY 2, 2024

This advanced form of supply chain analytics offers agility and adaptability, setting new benchmarks for data-driven decision-making. Cultivate Cross-functional Collaboration Encourage different departments, from supply chain and procurement to finance and IT, to work in harmony.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

NC State SCRC

SEPTEMBER 18, 2017

Procurement is always thinking about cost savings, year over year. What if, for example, procurement has a budgeted amount for 4.5 cents, so procurement declares victory and says they saved their organization a lot of money: 3 cents per unit! Vel Dhinagaravel, CEO of Beroe , thinks this is the wrong way to measure procurement.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Procurement Material Savings 40

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. Use of Freight Rate Benchmarking. Negotiation Skills.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. Michael has been particularly instrumental in the past 12 months working closely with companies in the fast-moving consumer goods industry on COVID-19 response and recovery. About ToolsGroup.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 50

Talking Logistics

MAY 9, 2019

Depending on your industry sector, transportation and logistics costs (as a percentage of sales) may range up to 14% or even higher for companies with an inefficient or outdated logistics set-up. Decentralized procurement of various logistics services limit leverage opportunity, cost reduction and efficiency enrichments.

Optimal Sourcing 125

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 125