Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. For instance – improved communication skills or legal contract knowledge.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Unleashed

AUGUST 11, 2020

As a result, many steer clear of developing an inventory management strategy that involves using dedicated software, until it’s too late. A smart food manufacturing software solution is able to leverage the power of automation to further enhance the efficiency of procurement, production, distribution and sales. Automation.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

ModusLink Corporation

APRIL 22, 2024

Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. End-to-end management of component procurement, inventory management, and JIT delivery. Cost-saving initiatives such as lean manufacturing and waste reduction strategies.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Logistics Viewpoints

DECEMBER 16, 2015

A case in point is offered by AGCO. In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […].

Supply Chain Risk Management 100

Supply Chain Risk Management Case Study Risk Management Supply Chain Design 100

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. The benefit of broader exposure is a key reason this strategy is used. It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Movement

JULY 21, 2015

Global Supply Chain & Procurement Summit. parity.com/global-supply-chain-procurement-summit/. Achieving this goal relies mainly on the Procurement and Supply Chain Management team. Achieving this goal relies mainly on the Procurement and Supply Chain Management team. Date: 15-16 October, 2015. Organisation: C-Parity.

Procurement 60

Procurement Supply Chain Strategy Supply Chain Software Global 60

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Procurement Academy

NOVEMBER 13, 2023

There are, though, several strategies that can help to secure this support from the key figures across your business. Above all, by taking the time to understand their perspectives, showcase the benefits of training, and align with your business goals, you can build a compelling case for investment in employee development.

Purchasing Training 52

Purchasing Training Price Mitigation Strategies Buyer Training Material Savings 52

Supply Chain Game Changer

MAY 5, 2021

They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

ivalua

APRIL 12, 2019

Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here. Procurement leaders are being given more and more priorities, he said, but there are obstacles in their way that stop them delivering strategic decision making and real value.

Analytics Software 176

Analytics Software Negotiating Skills Supply Chain Planning Software Predictive Analytics Software 176

FLEXE

OCTOBER 11, 2018

Get the PDF of Lull’s case study >> Challenges to Order Fulfillment. They also gained a team of experts that helps them continually improve their fulfillment operations and strategy. With a flexible warehousing and order fulfillment solution, Lull has been able to reinvest in their business and growth strategy.

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Product strategies. Operational strategies. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Supplier strategies. Business model strategies. Reclassification.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

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.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Shaman

DECEMBER 4, 2018

As a B2B company, procurement management is essential. The company’s current strategy is to bring a Connected Enterprise to life. Within Rockwell, Ernest’s team started first to drive strategy to results. The company is now focusing on cognitive sourcing, demand-driven procurement, and enhancing visibility.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

ToolsGroup

APRIL 17, 2019

The American Supply Chain Summit is a leadership focused meeting designed around improving supply chain and procurement strategies across the globe.

ToolsGroup 120

ToolsGroup Supply Chain Software Optimal Sourcing Supply Chain Design Software 120

Supply Chain Matters

SEPTEMBER 21, 2022

The premise of this book is that the procurement function is a deeply misunderstood corporate capability, with CEO executives spending too little time thinking about or being actively involved in how their companies spend more than half of typical spending budgets. When the boss offers someone a job in procurement.

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Supply Chain Software Supply Chain Planning Software 59

TMC

OCTOBER 12, 2018

Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. Customer Case Study. Like many shippers, a “one size fits all” solution did not fit their needs or strategy.

Price Reduction 62

Price Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 62

Supply Chain Matters

MARCH 11, 2024

Many supply chain management case study curriculums include the notions of how this retail chain pioneered what is today termed “ fast fashion.” For multi-industry supply chain and strategic procurement supply management teams, this conflict provides added challenges in the coming months.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Provides a solid foundation in the core principles of procurement and supply management.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

SCMDOJO

AUGUST 21, 2023

Read More: Top 10 Supply Chain YouTube Channels to Subscribe ] Highlighting the Role of Influencers and Social Media in Modern Marketing Strategies In today’s dynamic marketing landscape, influencers have risen as vital players, profoundly shaping consumer behaviors and choices. > Watch Now: 6 Characteristics to be a Good Buyer! >

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Proxima

JUNE 14, 2021

With this in mind we have consolidated our expertise into a dedicated sustainability service line, designed to deliver rapid sustainability programmes and transformational procurement and supply chain strategies for businesses. For an overview of the Sustainable Procurement service line and case studies, click here.

Sustainability 52

Sustainability Sourcing Strategies Case Study Supply Chain Strategy 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Like so many professionals Procurement people are very proud. But at some point in their careers, especially in the age of Outsourcing, they are likely to have to deal with potential suppliers who provide Procurement services. When selling Procurement Outsourcing services you need to have a lot of credibility to begin.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Purchasing Skills Analysis 45

Supply Chain Movement

SEPTEMBER 26, 2016

P2P Process Owners Strategy Workshop. Attend this marcus evans Process Owners P2P strategy meeting to get a clear understanding of latest trends and best practices from peer lead practical case study sessions. Get experience on Lean and Six Sigma in indirect procurement. Date 16-18 November 2016.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. The delivery against goals starts with leadership and a clear strategy. Aligned across the organization, the process focus is on executing the supply chain strategy. Buffer strategies. First, great supply chains are agile. Let me give you example.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Opz

MAY 1, 2018

This book will equip you with basic customer value proposition, how to measure customer satisfaction, service design and how to develop winning customer service and order fulfillment strategy. Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

TMC

OCTOBER 12, 2018

Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. Customer Case Study. Like many shippers, a “one size fits all” solution did not fit their needs or strategy.

Price Reduction 48

Price Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 48

TMC

OCTOBER 12, 2018

Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. Customer Case Study. Like many shippers, a “one size fits all” solution did not fit their needs or strategy.

Price Reduction 48

Price Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 48

Supply Chain Opz

APRIL 1, 2018

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Who is it for?: Our Rating: 4.9

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

Supply Chain View from the Field

SEPTEMBER 17, 2013

master of ceremonies”) for the Procurement Leaders Forum in the heart of Boston at Sixty State Street. Joanna Martinez from Cushman and Wakefield, a large real estate and facilities management person, discussed the challenges of working with HR as a procurement person. Use procurement tools to demonstrate how you can help HR.

Optimal Sourcing 60

Optimal Sourcing Procurement Conference Sourcing Strategies 60

Talking Logistics

JULY 30, 2018

Protect Your Bottom Line With a Smart Supply Chain Design Strategy. BASF Video Case Study: The Value of Real-Time Freight Visibility. Transportation Procurement: Still Standing on the Sidelines? Realities and Misconceptions of 4PL Relationships. Big Data in Logistics. Truck Capacity Shortage: The Past, Present and Future.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Logistics 100