EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

Logistics Viewpoints

MAY 28, 2024

Given that transportation operations were cited in the study as the area suffering the most from resource constraints, it’s no surprise that delivery route optimization was the technology most deployed (54% partially/fully deployed) to improve the productivity of labor workers. calls, emails) and resource-intensive.

Supply Chain Software 231

Supply Chain Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software 231

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Procurement Academy

MARCH 14, 2024

With countless options available in the market, it’s crucial to find a solution that aligns with your organizational objectives and addresses your specific skill gaps. This alignment will help to allocate any remaining resources to top-level initiatives. Consider utilizing a digital learning approach that is accessible and scalable.

Buyer Training 96

Buyer Training Material Savings Resource Reduction Price Mitigation Strategies 96

GlobalTranz

JUNE 15, 2017

In this article, I propose to have a look at several logistic skills that, besides the specific knowledge in this area, will help to maximize the logistics effectiveness. It for sure requires some degree of self-organization and discipline, but it also creates a perfect ground for resourcefulness and innovation. Process improvement.

Buyer Training 210

Buyer Training Logistics Network Optimization Software Six Sigma Vendor Strategies 210

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 100

The Logistics & Supply Chain Management Society

DECEMBER 8, 2021

The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies. Talent gap in logistics – how big is it?

Supply Chain Planning Software 246

Supply Chain Planning Software Gartner Agile and Lean Supply Chain Buyer Training 246

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. A halal value chain approach to halal is about the halal DNA of a company, which includes human resource management (HRM).

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. Subscribe Here!

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. When starting your importation business, finding the primary resources required is one of the first and most vital steps. A good supplier translates to high-quality products, satisfied buyers, good feedback, and repeat sales.

Manufacturing Procurement 53

Manufacturing Procurement Sourcing Strategies Sourcing Negotiating Skills 53

GlobalTranz

JANUARY 19, 2015

These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. location they had chosen didn’t have the skilled workers that they needed. Finding Skilled Workers/Accessing Markets & Suppliers. A Reshoring Projects Charter.

Manufacturing Procurement 120

Manufacturing Procurement Purchasing Skills Buyer Training Manufacturing 120

SCMDOJO

JANUARY 31, 2024

As companies increasingly recognize the importance of optimizing their supply chains, the demand for skilled professionals in this field is on the rise. These factors include education, certifications, additional skills, and the number of years you have spent in your profession.

Supply Chain Design Software 74

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 74

SCMDOJO

FEBRUARY 13, 2023

[Read More: Top 16 Procurement KPIs – The Ultimate Guide ] Key Takeaways The procurement department is critical to an organization, obtaining quality goods and services at competitive prices while ensuring the organization’s resources are needed to succeed.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. The data collected from the assessment is used to provide an internal sustainability scorecard that is shared by the supplier to their customers (the buyers).

Resource Reduction 226

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 226

Unleashed

JANUARY 8, 2024

Procurement management refers to the tasks and activities undertaken to plan, negotiate, source, and then purchase the goods and services your business needs to operate. The procurement process can be simplified into three stages: Sourcing : The first step is to identify your business needs.

Procurement Solutions 52

Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 52

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Negotiate contracts and evaluate suppliers.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

Precoro

JULY 16, 2023

Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost. The purchasing department plays a critical role in the success of an organization.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

BlueYonder

MARCH 11, 2024

Empowering Employee Empathy When Equipping Them With Tech Comprehensive training for store associates is critical in navigating the balance between tech and touch. Employees should not only be adept in using technology, but also skilled in employing it to enhance customer service.

Supply Chain Planning Software 76

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 76

AIMMS

FEBRUARY 13, 2018

Source: CSCMP. Look for tools that require minimal data scientist resources, so you can implement and scale without depending on specialists. Invest in training and skills transfer . Invest in training for team members that demonstrate an affinity for the field. L everaging analytics at scale is hard.

Analytics Software 250

Analytics Software Predictive Analytics Network Optimization Software Optimal Sourcing 250

Supply Chain Shaman

SEPTEMBER 13, 2023

By and Large, The Bullwhip Whipped US The bullwhip effect is a supply chain phenomenon where orders to suppliers tend to have a larger variability than sales to buyers, which results in an amplified demand variability upstream. Each of these tests took 3-4 months to analyze the data, train the teams, and test market factors.

Supply and Demand 397

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 397

SCMDOJO

AUGUST 21, 2023

Moreover, TikTokers possess a refined skill for generating content that resonates authentically with their followers. Muddassir Ahmed (@muddassirism) | TikTok Niche: Supply Chain Education and Training Follower Count: 4,083 Profile: Dr. Muddassir Ahmed is a respected TikToker specializing in supply chain education and training.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

SCMDOJO

MARCH 25, 2024

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising.

Negotiating Skills 89

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 89

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Unlike many of the large logistics providers, they operate on thin margins and generally considered to have limited resources to devote to decarbonizing their operations. However, a lower uptake and large gaps between knowing and doing can be observed for other measures like eco driver training and low-resistance tyres. Load More.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

ModusLink Corporation

APRIL 22, 2024

Electronics components require specific training, facilities, and equipment due to their delicate nature and sensitivity to environmental factors. Skilled workforce trained in the latest assembly techniques and quality standards. Consider the unique requirements of your manufacturing process.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

LevaData

OCTOBER 13, 2021

During this time, leaning more heavily on existing, but often underutilized, tech solutions like video conferencing software and digital collaboration tools like e-sourcing was pivotal for many organizations to survive. This left many buyers feeling as though they lost their footing and control over the negotiation process.

Negotiate Pricing 72

Negotiate Pricing Negotiating Skills Analytics Software Buyer Training 72

SCMDOJO

APRIL 20, 2023

Within this department, the procurement manager plays a key role in overseeing the entire process, from identifying the need for goods or services to negotiating contracts with suppliers. Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] What does a Procurement Manager do?

Negotiating Skills 98

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 98

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. As the global demands on supply chains intensify, SCM professionals must continuously cultivate new skills and refine existing ones. The 11 essential skills for supply chain professionals encompass both realms.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 73

ivalua

JANUARY 29, 2020

In the UK, we recently had the Prime Minister’s top adviser, Dominic Cummings, talking about the need for “ weirdos and misfits with odd skills ” to shake things up. . It requires appropriate inter-personal and behavioural skills, as well as traditional skills such as commercial understanding and negotiation.

Negotiating Skills 213

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 213

ivalua

OCTOBER 13, 2022

This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supply chain managers. Figure 1: Greenhouse Gas Protocol -Scope 1, 2 & 3 emissions ( Source). For more information, you may reference the following resources. . Use of sold products.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Pricing Training 130

Kinaxis

AUGUST 9, 2018

To best integrate these technologies and share information among buyers, suppliers and partners, supply chain professionals also need to reshape their supply chains into digital supply networks (DSNs). Training for the DSN world. Approximately 2 million of those will go unfulfilled because of the current skills gap.

Supply Chain Network Software 120

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 120

ModusLink Corporation

NOVEMBER 30, 2021

According to (Namulo, 2017), “E-Procurement is the acquisition of goods, services or works from an external source. E-procurement, which is known as ‘electronic procurement’ or ‘supplier exchange’, is changing the way companies are sourcing their goods and services.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

DELMIA Quintiq

JUNE 5, 2023

And if so, what can companies do to ensure their success, particularly smaller companies that don’t have the resources that some of their bigger competitors have? Many webinar participants reported that “Having the right people and skills” was a challenge. So, are they achievable, from a practical perspective?

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

AIMMS

FEBRUARY 13, 2018

Source: CSCMP. Look for tools that require minimal data scientist resources, so you can implement and scale without depending on specialists. Invest in training and skills transfer. Invest in training for team members that demonstrate an affinity for the field. L everaging analytics at scale is hard.

Analytics Software 156

Analytics Software Predictive Analytics Network Optimization Software Supply Chain Planning Software 156

Supply Chain Game Changer

OCTOBER 18, 2022

Quantum Leap to the Top 10 Supply Chain Skills of the Future! Your skills must be trained and developed so acutely that you can see many moves ahead, just like in a chess game. Their sensory skill set will be engaged so that they react fast, decisively and intensely. Subscribe Here! Email Address. Conclusion.

Supply and Demand 123

Supply and Demand Supply Chain Planning Software Supply Chain Planning Buyer Training 123

AIMMS

JANUARY 25, 2018

The skills of the past are no longer sufficient to meet the demands of today’s complex, fast- moving digital environment , or prepare for the future. Many companies are focusing their recruitment efforts on attracting millennials (people born between 1985 and the late 90s) to address the skills gap. Source: SCM World.

Supply Chain Design Software 207

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 207

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With market swings and changing consumer demands forcing companies to adapt to stay competitive, one approach that has gained popularity in recent years is the use of Global Shipping Alliances (GSAs), which are agreements between multiple carriers to share vessels, routes, and other resources. ATBBS (average time between blank sailings).

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130