Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! 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.

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

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 91

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 91

The Logistics of Logistics

AUGUST 26, 2022

Since launching in 2017, Uber Freight has built one of the world’s largest digitally-enabled carrier networks and transformed entrenched practices around pricing and booking freight to reduce inefficiencies and increase opportunities for business growth and industry collaboration. Shipper expectations are rising. Empty miles are about 1.5%

Freight 208

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 208

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

ivalua

FEBRUARY 12, 2021

Supplier Relationship Management – time to rewrite the rule-book? More than one Procurement department has learned this the hard way. Conversely, some Procurement departments have discovered that non-strategic suppliers, or even tier two suppliers, offer them innovative solutions to alleviate the shortage.

Negotiating Skills 130

Negotiating Skills Demand Planning Software Modeling Software Buyer Training 130

The Logistics of Logistics

DECEMBER 1, 2021

Since launching in 2017, Uber Freight has built one of the world’s largest digitally-enabled carrier networks and transformed entrenched practices around pricing and booking freight to reduce inefficiencies and increase opportunities for business growth and industry collaboration. Shipper expectations are rising. Empty miles are about 1.5%

Freight 147

Freight Optimal Sourcing Logistics Network Optimization Software Supply Chain Network Software 147

Supply Chain Shaman

NOVEMBER 2, 2018

in to transportation management to drive routing information and booking optimization). There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. The groups of supply planning, procurement and logistics operate within silos.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 170

Supply Chain Game Changer

NOVEMBER 15, 2018

Check out What Exactly Is Procurement? The last few years have seen a lot of real (and over) hype associated with the emergence of Software Robots (called Bots/Bot) which are disrupting the legacy procurement processes involving human interface. Information chat-bots : Provision of information based on the human input.

Procurement Solutions 47

Procurement Solutions Optimal Sourcing Procurement Resource Reduction 47

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient.

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 314

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

SCMDOJO

FEBRUARY 29, 2024

Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. They do not relate to any overall company procurement goals and objectives. This person can sit on the procurement council or the steering committee.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain View from the Field

OCTOBER 31, 2014

I was recently interviewed by Jon Hansen on Blog Talk Radio , discussing my new book “The Procurement Value Proposition” co-authored with Gerard Chick. In the interview, I discuss some of the major changes going on in the procurement area, and how we are at a crossroads for driving change.

Procurement 74

Procurement Cost Reduction Strategies BRIC Modeling 74

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. Information is critical to the success of any supply chain and RPA can also be used to track inventory as it flows throughout the supply chain, if correct integration and tools are used.

Supply Chain Software 246

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

Talking Logistics

MARCH 3, 2016

This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements.

Supply Chain Planning Software 100

Supply Chain Planning Software Global Supply Chain Network Software Resource Reduction 100

Supply Chain Shaman

SEPTEMBER 3, 2018

Achieving and obtaining total cost information to drive decision-making is difficult for most companies. For more on this topic, read the book Supply Chain Metrics That Matter. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. Supplier Development.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

SCMDOJO

APRIL 4, 2023

By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Read More: 10 Must-Read Supply Chain Analytics Books for 2023 ] The benefits of SCM analytics are numerous.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. SCM involves the flow of materials, finances and information. Source: [link] ). Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Requis

OCTOBER 30, 2020

He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Pivot88

APRIL 17, 2017

For many years, many strategic sourcing and procurement professionals have been using the cost reduction playbook as a guide for all of their sourcing and procurement activities. THE GAME CHANGER…VALUE PROCUREMENT. Procurement officers are under pressure to deliver value added performance.

Cost Reduction Strategies 40

Cost Reduction Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 40

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Supply Chain Shaman

JUNE 23, 2020

I am also developing a framework for my new book. Most of the optimization focus in the traditional software solution focuses within a function of source, make or deliver. Procurement and transportation operated as islands. Stay tuned. Managing total costs is tough: companies cannot quickly assess total cost data. My conclusion?

Supply Chain Design Software 295

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 295

Supply Chain Matters

AUGUST 22, 2023

MIT Professor Yossi Sheffi, in his recent book, The Magic Conveyor Belt: Supply Chains, AI and the Future of Work , specifically addressed some of the potential benefits and risks of generative AI technology. We do ask for basic registration information.

Supply Chain Software 52

Supply Chain Software Research Supply Chain Planning Software Supply Chain Planning 52

Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. If you’re like me, staying up to date on supply chain news is critical. wsjlogistics.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

GlobalTranz

MAY 1, 2015

Accountability is the new call of the day with transparent supply chain management that provides all of the information necessary and with practices that make for a better playing field for all members of the supply chain process. Data can indicate issues with procurement , product quality, and delivery. Reevaluating Wages.

Supply Chain Visibility 120

Supply Chain Visibility Purchasing Skills Optimal Sourcing Buyer Training 120

Requis

MARCH 10, 2020

Paul Hawken’s 1993 book “ The Ecology of Commerce ” has many more examples (mostly from Europe) of companies that use waste products from other industries as cheaper alternatives to raw materials and even energy sourcing. The result, however, will be further cost and environmental savings as that $12T in procurement is ratcheted down.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

MIT Supply Chain

JUNE 5, 2023

Again, the arguments are put forth in more detail in my new book, The Magic Conveyor Belt: Supply Chains, A.I., As the book explains, algorithms will not replace the human interactions and communities underpinning global commerce. and the Future of Work. I use the structure of supply chains to illustrate the point.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Supply Chain Software Manufacturing Procurement 52

Supply Chain View from the Field

NOVEMBER 6, 2014

I was recently interviewed by Jon Hansen on Blog Talk Radio , discussing my new book “The Procurement Value Proposition” co-authored with Gerard Chick. In the interview, I discuss some of the major changes going on in the procurement area, and how we are at a crossroads for driving change. How soon is now?

Negotiating Skills 79

Negotiating Skills Manufacturing Procurement Purchasing Skills Negotiate Pricing 79

Silvon Software

AUGUST 8, 2022

Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution. This requires breaking down any ‘information silos’ and employing an end-to-end data management system (or data hub ) from which all analytics can be applied.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80

ivalua

FEBRUARY 17, 2021

Empowering Procurement & Supply Chain Leaders Across the Globe. New customer acquisition drove annual subscription bookings growth of over 30%, with growth across all major regions. Ivalua was again positioned as a Leader by Gartner in the 2020 “Magic Quadrant for Procure-to-Pay Suites.

Manufacturing Procurement 49

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software South America 49

ThroughPut

DECEMBER 4, 2022

Therefore accurately segmenting customers by collecting smarter data which syncs that information across all retail locations and connected devices should be a priority. Data-driven forecasting builds accurate information pipelines based on patterns of purchase and forecasts of global trends.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

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. For instance, the FBI may share information from a corruption investigation, which generates possible leads for antitrust investigations.

Pharmaceutical 52

Pharmaceutical Supply Chain San Francisco New Hampshire 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

Because inventory is integrated with other business functions, procurement knows what to order, production knows what material is available and where, salespeople know if items are available to quote or deliver, and finance can manage and report on inventory costs. To do this requires access to the right information.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Supply Chain View from the Field

JULY 17, 2015

A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. These topics are emerging in the context of the new view that procurement is about building value for the enterprise.

Optimal Sourcing 60

Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 60

Bristlecone

OCTOBER 2, 2019

They also enjoyed a VIP evening at Fenway Park, two book signings with MIT authors, and unique networking opportunities. SWAROVSKI, Best Procurement Transformation. BRISTLECONE IMPROVES MINING COMPANY’S PROCUREMENT OPERATIONS. For more information, visit www.bcone.com or email info@bcone.com.

Optimal Sourcing 40

Optimal Sourcing Czech Republic Sourcing Strategies Cost Reduction Strategies 40

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

EC Sourcing Group

JUNE 30, 2020

Ethics in Procurement Management. Ethics in procurement management is important, particularly because of your relationship with suppliers and vendors, typically to finish a job or a project. Read on to learn more about ethics in procurement management and how to handle specific situations that may come up. These are: Equity.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Procurement EC Sourcing 52