ToolsGroup

JULY 6, 2023

It’s also why so many of our customers are eager to share their supply chain success – and have even won awards of their own in partnership with ToolsGroup! Check out some of our most recent accolades and discover why so many companies turn to ToolsGroup for better, faster supply chain decision making.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Logistics Viewpoints

FEBRUARY 14, 2024

However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. This is an important time for the supply chain profession. Supply chains are in the news, on governments’ agendas, and in the spotlight. For more information on the research, click here.

Supply Chain Planning Software 250

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 250

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. Businesses can’t make meaningful progress on Scope 3 alone; they are ultimately reliant on the supply chain making the necessary steps.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. Businesses can’t make meaningful progress on Scope 3 alone; they are ultimately reliant on the supply chain making the necessary steps.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

NC State SCRC

SEPTEMBER 27, 2023

In his current role, he is accountable for several strategic functions, including corporate engineering; capital and infrastructure strategy; corporate real estate; risk management; operations research and global procurement. Number 3 – I always benchmark the performance of any business function I manage, against a broader dataset.

Pharmaceutical 52

Pharmaceutical Supply Chain Design Software Sustainability Supply Chain Design 52

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply Chain-Focused KPIs Beyond stakeholder-focused KPIs, many companies focus on “flow of materials” to help evaluate the efficiency, effectiveness, and performance of the end-to-end supply chain operations.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

Enterra Insights

OCTOBER 26, 2023

Prior to the pandemic, efficiency was the primary focus of most supply chain operations. I’m not implying that efficiency no longer matters — it obviously does — but a disrupted supply chain can’t be efficient. Severe disruptions during the pandemic changed that focus to resiliency. Here’s the rub.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

HICX Solutions

NOVEMBER 4, 2021

Ahead of the 2021 United Nations Climate Change Conference (COP26) , held between 31st October and 12th November, we welcomed Charlotte de Brabandt and Max Kent to the Supplier Experience Live podcast, to discuss how sustainable procurement programs foster a greener future. From CSR to ESG, to sustainable procurement goals.

Charlotte 52

Charlotte Procurement Solutions Optimal Sourcing Sustainability 52

Logistics Viewpoints

FEBRUARY 28, 2022

Many large enterprises use one form or another of a supply chain application to help manage their supply chains. Supply chain vendors have been touting their investments in artificial intelligence (AI) for the last several years. The agent technology is much more complicated than the math.

Optimal Sourcing 285

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 285

Proxima

MARCH 20, 2023

CPOs have been battling with the need to manage short-term costs and the pressure to deliver on (perceivably) long-term goals like sustainability targets. 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.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Sustainability 52

Logistics Viewpoints

NOVEMBER 6, 2023

As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Increasingly, companies will take sustainability criteria into account in their purchasing decisions.

Resource Reduction 226

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 226

Unleashed

APRIL 18, 2021

Supply chains play a crucial role in moving goods along to the end user. But as simple supply chains grow into vast and complex networks, how do you make sure yours remains ethical, profitable, and viable in the long term? 6 benefits of a sustainable supply chain. What is a sustainable supply chain?

Supply Chain Planning Software 116

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 116

Proxima

NOVEMBER 2, 2022

Over the last 12 months or so, we (Proxima), and I (me), have been fortunate enough to get involved in a large number of conversations on supply chain decarbonization. These might have been at events, in collaboration forums, with solution partners, or one-to-one with procurement and sustainability professionals and their teams.

Benchmarking 52

Benchmarking Resource Reduction Modeling Modeling Software 52

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

EcoVadis

SEPTEMBER 4, 2019

Data from this year’s Sustainable Procurement Barometer shows there’s a clear ROI for moving along the sustainable procurement maturity curve. . Use of tools & Incentives: Methods used to drive engagement .

Supply Chain Planning Software 45

Supply Chain Planning Software Optimal Sourcing Modeling Software Supply Chain Software 45

Precoro

MAY 22, 2023

In today’s fast-paced corporate world, it's difficult to overstate the significant role that technology plays in the success of many organizations. Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. In many cases, new companies start with simple sourcing to get the procurement process rolling.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Benchmarking. This is why benchmarking is a crucial part of going digital.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

MIT Supply Chain

FEBRUARY 3, 2022

by David Correll and Ken Cottrill A concept called “just transition” is cropping up in sustainability circles, and if it gains ground, it could become part of corporate pledges akin to those that commit companies to net-zero operations by a certain year. Such an outcome has significant implications for supply chain sustainability.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

Kinaxis

MARCH 7, 2018

by Alexa Cheater Avaya: A supply chain management case study. That’s what high-tech giant Avaya had to do when the company decided to radically change up how it manages its supply chain. Now Avaya is leading the way, exceeding industry benchmarks in 11 key metrics. Technology-driven change drives better outcomes.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Case Study 141

ToolsGroup

FEBRUARY 15, 2021

Building a customer-focused, digitally enabled supply chain comes with its challenges, but the benefits make the effort worthwhile. In addition to decreased costs, digital supply chain transformation can increase revenue 10% by creating a better customer experience and new routes to market. Greater access to markets.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 156

Silvon Software

APRIL 18, 2024

This underscores the need for a unified approach to data management that transcends traditional departmental barriers, incorporating advanced technologies such as artificial intelligence (AI) and advanced analytics. Handling Variability : AI technologies, particularly machine learning models, can handle various data formats and structures.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

SupplyShift

JUNE 25, 2021

And to take concrete action towards increasing sustainability performance, you must prioritize your supply chain , where the greatest ESG impacts are found. By doing so, you can identify the largest hotspots in your supply chain and prioritize your highest risk suppliers for focused engagement.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Strategy Manufacturing Procurement 52

SupplyShift

JUNE 25, 2021

And to take concrete action towards increasing sustainability performance, you must prioritize your supply chain , where the greatest ESG impacts are found. By doing so, you can identify the largest hotspots in your supply chain and prioritize your highest risk suppliers for focused engagement.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Strategy Manufacturing Procurement 52

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. This cost center is responsible for managing technology infrastructure, software systems, and support services.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

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. These risks may include supply chain disruptions and quality issues.

Negotiate Pricing 92

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 92

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Taulia

JUNE 7, 2023

By integrating Taulia into the user experience of SAP, every member of your team, from accounts payable to treasury and beyond, can now manage the entire procure-to-pay process through one unified solution.

Optimal Sourcing 52

Optimal Sourcing SAP Cost Reduction Strategies Procurement 52

Unleashed

JULY 11, 2021

Sustainability is in high demand, but who determines what makes a product sustainable, how it is sustainability measured and what do sustainability certifications and labels mean? Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

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

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. Furthermore, they can serve as criteria when selecting suppliers.

Cost Reduction Strategies 215

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 215

EcoVadis

SEPTEMBER 12, 2019

Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Depth of supply chain visibility also remains a barrier. Nearly half of procurement organizations (45 percent) indicated they only have visibility into tier-1 suppliers.

Optimal Sourcing 40

Optimal Sourcing Sustainability Procurement Supply Chain Planning Software 40

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

ThroughPut

FEBRUARY 2, 2024

For supply chains, COVID-19 marked the beginning of a challenging era. Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. is advanced supply chain analytics. is advanced supply chain analytics.

Prescriptive Analytics Software 52

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

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Supply chain mapping has plenty of more far-reaching benefits, too.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52