Unleashed

APRIL 28, 2024

” Can you recommend any books or podcasts for our readers? “ Doughnut Economics by Kate Raworth changed my life and career, and should be recommended reading at all business schools. Pay attention to detail and document everything – all your agreements, terms, and commitments – to prevent disputes further down the line.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Manufacturing Procurement Buyer Training 52

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Today many companies spend countless hours reviewing contracts to track and review amendments to original documents. Contract Review.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Precoro

JUNE 14, 2023

The procurement and finance teams are usually responsible for different objectives and operations. Meanwhile, the procurement department creates a purchasing strategy aligned with those budgets and ensures suppliers are paid on time. Purchasing managers won’t have to duplicate the same documents in different tools.

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Expense Reduction 98

GlobalTranz

MARCH 6, 2017

Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Most logistics prefer integrating the use of this app to automate procurement and replenish other processes to raise the profit margins. The Web fleet Android application. Intermodal.

Logistics Network Optimization Software 151

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 151

ShipBob

JANUARY 6, 2023

Share compliance information and documentation. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. Documentation management. The transportation process can be extremely document-heavy, often requiring multiple documents, forms, and compliance information.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Talking Logistics

NOVEMBER 10, 2014

Specifically, the company deployed a Vendor Interaction Portal (VIP) powered by Elemica to exchange documents like purchase orders and invoices with suppliers (for direct procurement). Time Slot Booking/Optimization (aka “Dock Appointment Scheduling”) Delivers Cost and Productivity Savings.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

Bristlecone

JANUARY 15, 2021

Organizations procure a wide variety of consumables, goods and services to run their day-to-day operations. No redundant storage of accrual documents. Check out this white paper: Purchase Order Accruals in SAP S/4HANA 1909 – and reach out to us at info@bcone.com to book a demo. 80 are supported.

SAP 52

SAP Procurement Solutions Purchasing Skills Currency 52

Supply Chain Shaman

DECEMBER 13, 2015

We can connect through EDI, but a document has latency and limitations for unstructured data. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. There are other options, but each has limitations. The gaps are large.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

NC State SCRC

JULY 21, 2022

The centerpiece of the Antitrust division that drives much of their activity is the Sherman Anti-Trust Act, a statute that has been on the books since 1890. Very often, this requires collecting and reviewing millions of documents from a company, by utilizing the power of the grand jury.

Pharmaceutical 52

Pharmaceutical Supply Chain San Francisco New Hampshire 52

Precoro

NOVEMBER 20, 2023

Cervino provided us with insights into how Opna Bio SA’s team chose the right system and how it impacted their procurement process. They were worried that with a manual approach, data entry and creation of procurement documents would be time-consuming and prone to errors. ." She helped us resolve all our issues."

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

EazyStock

JUNE 10, 2022

Whether paying using our phones, watching TV on the go, ordering in restaurants, or booking a taxi, they make our life easier. With easy API integrations with many Enterprise Resource Planning (ERP) tools , inventory managers can automate procurement and replenishment processes. Online file and document storage.

Optimal Sourcing 52

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Optimization Software 52

Logistics Bureau

NOVEMBER 1, 2021

However, even with a consulting team on your side, it’s crucial to ensure your managers responsible for procuring shipping services understand the current container freight landscape and issues at hand. That means sharing your volume data with them and avoiding the exploitative practices of phantom bookings and overbooking.

Forecasting 78

Forecasting Negotiating Skills Cost Reduction Strategies Freight 78

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Another aspect of the team’s work is to set up and support ongoing processes, like marketing, strategic planning, and operational activities like procurement.

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

EazyStock

SEPTEMBER 25, 2018

These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. BooksyBiz – Appointment Booking. Hawk-Eye Trucking Log Book – Trucking Application. Evernote – Online File & Document Storage.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Talking Logistics

MARCH 13, 2018

Once connected, you can begin automating your inter-business processes – with suppliers to procure direct materials more efficiently, with logistics service providers to drive continuous improvement in costs and service levels, and with customers to provide them with visibility to the status of orders and shipments, even across multiple modes.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Logistics Network Optimization Software 102

SCMDOJO

APRIL 4, 2023

Read More: 10 Must-Read Supply Chain Analytics Books for 2023 ] The benefits of SCM analytics are numerous. Purpose of SCM Analytics Supply chain analytics aims to provide insight and extract value from the large amounts of data associated with the procurement, processing, and distribution of goods.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Precoro

JULY 18, 2022

It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities. However, regardless of changes in the flow, e-procurement software users save more than 50% of their time on invoicing. Procurement software automatically transfers it. Manual Data Entry.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

Supply Chain Shaman

JUNE 18, 2015

In supply chain strategy documents, terms like alignment, agility, responsiveness, and flexibility dot the page. In discrete industries, the early supply chain organizations reported to procurement. How can we move forward if we cannot align? At a principle level, everyone agrees with the concepts. The goal was efficiency.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150

NC State SCRC

AUGUST 6, 2016

Contract Management Process Documentation & Knowledge Sharing Currently, contract management group processes are not well defined or documented. There is an opportunity to simplify and standardize the processes further through the documentation process.

Sourcing Strategies 40

Sourcing Strategies Modeling Resource Reduction Supply Chain Strategy 40

Precoro

JULY 9, 2023

While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach. A purchase order (PO) is a document issued by a buyer to a supplier or vendor to place an official request for goods or services. What is a purchase order?

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

Silvon Software

JUNE 23, 2020

existing booked orders, the forecast, and anything else you might want to include like open CRM opportunities that are x% along) to determine how the remainder of the year might play out. As a matter of fact, working to decrease this metric can help improve all parts of the supply chain – from procurement to sales. Perfect Order Rate.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

Enterra Insights

OCTOBER 10, 2018

In the book — which is based on real-life technology, technical papers, and diplomatic meetings — national security and international relations expert Peter W. As the British journalist Rose George documents in her book Ninety Percent of Everything , some 100,000 enormous freight ships transport 90 percent of the world’s trade.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

Precoro

NOVEMBER 23, 2022

Three-way matching is an essential step in the procurement flow process that involves cross-referencing three critical documents – purchase order, receipt, and vendor invoice – to determine whether an invoice should be paid. Not every organization follows the same procedure for document matching. Duplicated documents.

Procurement Solutions 98

Procurement Solutions Pricing Training Procurement Analytics Purchasing Skills 98

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 96

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 96

Talking Logistics

JANUARY 5, 2014

The good news is that leading practices in supply chain risk management are well documented in various books and publications , and new software applications are emerging to help companies manage this process. Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Precoro

NOVEMBER 2, 2022

In Precoro, it works the same way for the purpose of eased document processing. Our OCR feature will process your document, extract the necessary data from it, map relevant fields, and transfer everything to Precoro. The document might take some time to generate, but don’t worry: Precoro will notify you when the draft is ready.

Optimal Sourcing 98

Optimal Sourcing Negotiating Skills Optimization Software Expense Reduction 98

Supply Chain Shaman

AUGUST 16, 2015

The Ariba infrastructure is so heavily entrenched in indirect procurement processes that it is hard to adapt to the solution to manage direct materials in the supply chain. The traditional EDI approach inserts a day latency to open and read documents. I am not surprised. Value networks need data more quickly and with greater insights.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Talking Logistics

APRIL 21, 2017

Here are some details from the press release: With Haven TMS, Haven evolves from a logistics quote marketplace into a full-featured transportation management system (TMS) with collaboration, procurement, and analysis modules.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0

Precoro

AUGUST 1, 2022

Read on how to utilize Purchase Requisitions to start the procurement process on the right note. Purchase Requisition Is a First Step of the Procurement Process. Purchase Requisition (PR) is an internal company document issued by an employee to request purchasing of goods or services from the supplier on behalf of the company.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Negotiate Pricing 98

Talking Logistics

JANUARY 4, 2016

The good news is that leading practices in supply chain risk management are well documented in various books and publications , and new software applications are emerging to help companies manage this process. Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

SupplyOn

JULY 17, 2018

The fact that the process also becomes compliant, due to a documented and verifiable process is a further plus. For example, the rate of automatic invoice bookings (one click, no touch) in the cited case rose from 50-60 % to almost 100 % due to the use of SupplyOn. Here, all processes run on an automated basis via SupplyOn template.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Optimization Software 40

Supply Chain View from the Field

APRIL 10, 2013

Spend Matters has grown to be a big part of the procurement landscape. The premise of his discussion at Coupa was around volatility, and the need for procurement transformation to stop and take a look at itself, and understand how becoming influential is becoming a bigger imperative. Look where it is today!

Conference 60

Conference San Francisco Modeling Software Supply Chain Network Software 60

Precoro

JUNE 7, 2023

When closing the books, accountants can discover mistakes, double entries, or omitted numbers, either by accident or in an attempt to cover up fraud. If there are any discrepancies, it’s necessary to adjust journal entries so that the cash book matches the real account statements. Adjust the records for any outstanding checks.

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Optimal Sourcing 98

Supply Chain Game Changer

NOVEMBER 17, 2018

The first huge project I was part of at Dell was our transformation from paper documents in the computer boxes for businesses to what we called E-Docs for electronic documentation. We restructured all of the documents and created one of the first service-oriented websites so all of the information was available on line.

Gartner 74

Gartner Manufacturing Procurement Optimal Sourcing Supply Chain Software 74

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Procurement and marketing teams are perhaps the two functions that stand the most to gain from collaborating with sustainability departments. What synergies exist between us? (

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52