SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Supply Chain Game Changer

FEBRUARY 5, 2020

What’s the Difference between Procurement and Purchasing? Why Procurement Transformation Fail article created by, and permission to publish here provided by, Jill Button at [link]. There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. Infographic).

Procurement Solutions 70

Procurement Solutions Negotiate Pricing Negotiating Skills Procurement 70

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Silvon Software

APRIL 18, 2024

These technologies are not just transforming business areas like sales, procurement, production, distribution and others by streamlining data categorization and insight generation; they are reshaping entire business landscapes by offering real-time intelligence that informs strategic decision-making across all core areas.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 52

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Software planning was in the middle of a hype cycle. Reflections.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

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?

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Supply Chain Game Changer

DECEMBER 13, 2018

What’s the Difference between Procurement and Purchasing? Over these past 28 years of my career in Procurement (yes I started when I was 12), I’ve had the privilege and pain of seeing, not just procurement, but many different types of Transformation initiatives succeed and, unfortunately, fail. Email Address.

Procurement Solutions 59

Procurement Solutions Negotiate Pricing Negotiating Skills Procurement 59

Supply Chain Game Changer

NOVEMBER 7, 2019

Technology is applied when needed as a ‘proposition’, typically implemented with an expected result in mind, but often creating an output of impact in an organization- that can too render as disruptive or innovative to the initial digital state of the organization. Source: Deloitte CPO Survey 2018. Digitization vs. Digitalization.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. Today’s risk management solutions focus largely on supply sensing and early alerting. Some solutions now include proactive event management driving recommendations to correct/prevent disruption. A Focus On Risk.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. Here’s an overview of the important criteria to consider when searching for a solution: What is the Industrial Breadth of the Solution? Your organization may know very little about many of these industries, especially when it comes to risk and CSR.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out Outsourcing Sourcing! Then you need Virtual Procurement! We are too small and can’t afford to hire a full-time procurement person. We are busy and just don’t have the time to focus on procurement.”. “We This is a sure sign of the growing level of understanding and sophistication of procurement.

Negotiating Skills 51

Negotiating Skills Purchasing Skills Procurement Solutions Negotiate Pricing 51

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

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

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

CormSquare

JANUARY 24, 2017

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. There is plenty to worry about. Cost Reduction. This level is higher than the previous year, 69%.

Procurement Solutions 50

Procurement Solutions Procurement Analytics Cost Reduction Strategies Purchasing Skills 50

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Unleashed

JANUARY 29, 2024

Discontinuing lines will help the manufacturer free up production capacity, and redirect research and development spending to focus on the development and marketing of newer or more innovative products. You can keep your purchasing costs down by stocking only the SKUs that generate profit and demand. Reduced storage and supplier costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Logility

NOVEMBER 9, 2021

Technology, particularly corporate social responsibility solutions supported by AI and machine learning, increase transparency by identifying employment practices and enabling corrective action. . A social audit is an assessment of how well the company is achieving its goals or benchmarks for social responsibility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 130

HICX Solutions

JANUARY 27, 2022

Supplier Relationship Management is the relationship that develops between a buyer and supplier, which is subject to the exigency of the goods or services purchased and supplied to an organization and dictates the nature of the working relationship that the buyer should look to nurture with their suppliers.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Claritum

MARCH 29, 2019

Claritum Article - Procurement Blog. Crazy World of Procurement. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features. 2 Crazy World of Procurement. Introduction. Further Reading.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Supply Chain Software Optimal Sourcing 40

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. In addition to their sustainable food waste management activities, and innovations, Ozharvest also undertakes education to promote positive change. What is food waste management? Commercial composting.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

EcoVadis

FEBRUARY 4, 2019

In fact, value creation from sustainable procurement practices may add up to a 5-20 percent revenue uplift, 9-16 percent supply chain cost reduction and 15-30 percent brand value increase, according to Beyond Supply Chains — Empowering Responsible Value Chains, a study from World Economic Forum, which we have discussed previously.

Procurement Solutions 40

Procurement Solutions Supply Chain Design Software Sustainability Optimal Sourcing 40

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? The goal is to keep inventory levels at a minimum to meet customer needs. A pull system is better than a push system. Read more. . Read More. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. But innovation doesn’t exist in a vacuum.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Supply Chain Shaman

SEPTEMBER 13, 2016

The consensus is process innovation. The level of technology disruption is now so great that it is about test and learn with small, scrappy teams focused on innovation projects. The change in front of us will transform the base-level definitions of source, make and deliver. It cannot be about incremental improvement.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In this period the concept of trading exchanges were largely overhyped and the solutions under-delivered. The Promise of Innovation.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Elementum

OCTOBER 13, 2017

It's no surprise then that the company became a signatory of t he Chemical Footprint Project (CFP), a project of Clean Production Action, which provides a tool for benchmarking companies as they select safer alternatives and reduce their use of chemicals of high concern.

Material Savings 97

Material Savings Manufacturing Procurement Chemicals Supply Chain Planning Software 97

KEPLER Consulting

MARCH 23, 2018

The purpose of this article is to share our experience in the use of machine learning to generate quick saving opportunities and homogenize purchased pricing across business units / regions in large groups. For sure, the traditional should cost approach and solutions can help solve these issues. Multi contract with similar suppliers.

Negotiating Skills 64

Negotiating Skills Purchasing Skills Negotiate Pricing Material Savings 64

SupplyShift

MARCH 15, 2022

A survey highlights that 90% of Gen Z believe companies must act to prioritize improving environmental issues, and 77% of total consumers are motivated to purchase from companies committed to making the world a better place. Collaboration helps build trust and transparency, and that can lead to innovation. Supplier Collaboration.

Sustainability 52

Sustainability Manufacturing Procurement Procurement Solutions Purchasing Skills 52

QAD

JULY 6, 2021

QAD works with more than 100 global partners as channel partners, system integrators and services organizations, solution providers and technology partners. We bring them into our ecosystem, so to speak, to offer our customers the innovative solutions they need to upgrade their business processes and maintain their competitive advantage.

Supply Chain Design Software 85

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Manufacturing Procurement 85

Freightos

JULY 23, 2015

And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? And we found that freight innovation is hot. Freight marketplace software matching shippers and trucking carriers, thereby eliminating freight forwarders. Holland Container Innovations. Really hot. ghostrucks.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

Unleashed

OCTOBER 4, 2021

These examples show there isn’t a benchmark inventory management strategy that trumps all others. Innovations to meet consumer trends : Ikea has undergone a transformation since 2018 so it can fulfil online demand and have greater efficiencies between physical stores and eCommerce. Gap’s inventory management strategy Gap Inc.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

HICX Solutions

JULY 20, 2023

This has led to an increasing collective belief that organizations should bear significant responsibility for the emissions generated and be held accountable for their carbon footprint and move towards more sustainable procurement. Internal data isn’t a source of truth Many organizations face risks associated with a lack of reliable data.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40