SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This can lead to dual sourcing and more competition among suppliers, ultimately reducing procurement costs and ensuring higher product quality.

Negotiate Pricing 111

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 111

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

ivalua

APRIL 11, 2022

Canadian-based TELUS implements Ivalua’s EPS solution to digitize the entire end-user buying process. This exciting project provides TELUS’ employees with the ability to purchase everything they need to support their business through an easy-to-use and optimized procurement experience, ” said Dan Amzallag, COO of Ivalua.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Canada Purchasing Skills 130

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? What are companies thinking at the executive level and what type of actions are they taking? Many companies are in trouble and many more are on the edge of financial trouble.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

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. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Supply Chain Shaman

DECEMBER 11, 2018

Companies talk about customer-centric supply chains, but most leaders are more comfortable in the world of supply than demand. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. It does not.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

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

Supply Chain Shaman

FEBRUARY 13, 2017

I estimate that the company had annual sales of 30M$. ” The company’s press release rhetoric is bullish. ” I struggled to understand how a company focused just on S&OP could be viable. I questioned the size of the market, and if companies needed a standalone S&OP solution. I was not sure.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Supply Chain Software 0

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. But this is excellent experience and a great development platform.

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

o9 Solutions

MAY 26, 2021

and carefully procure and place inventory, they constantly face operational issues during execution. They not only provide end-to-end visibility from consumer purchase to supplier shipments, but also provide recommendations on what to do that addresses issues and enables users to choose from various options and act on them.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. 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.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

QAD

JUNE 29, 2023

This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers. Recognized as the go-to fastening resource for virtually every industry from electronics to aerospace, the U.S.-based

Price Reduction 92

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 92

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. The innovation you need today will not come from large consultants or technology companies. Companies placing their bets on working with SAP on digital innovation will quickly fall behind.)

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. Supplier Approval – Places the company on the approved supplier list following the supplier evaluation process. They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

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. 50% of companies spend an average of 10 to 25 days approving invoices manually.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

Bristlecone

MAY 31, 2020

Bristlecone has introduced several new fixed-price, fixed-scope offerings for SAP products across supply chain planning, procurement and execution. Demand planning analysis for top personal care products company. S/4HANA system support for North American electronics company. NEW SAP-QUALIFIED PARTNER-PACKAGED SOLUTIONS.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement SAP Supply Chain Planning Software 52

RFgen

SEPTEMBER 9, 2014

Automation And Purchasing Controls. Review current procedure for authorization of orders as part of an examination of purchasing best practices. If bills are still being done on an old Excel spreadsheet, it’s time to look at new, electronic systems compatible with today’s technology, said Martinez.

Optimal Sourcing 52

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

RFgen

SEPTEMBER 9, 2014

Automation And Purchasing Controls. Review current procedure for authorization of orders as part of an examination of purchasing best practices. If bills are still being done on an old Excel spreadsheet, it’s time to look at new, electronic systems compatible with today’s technology, said Martinez.

Optimal Sourcing 52

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

Jaggaer

OCTOBER 22, 2020

José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

AUGUST 3, 2021

There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Companies historically have excelled and differentiated themselves because of their R&D capabilities, their products, and their go to market strategy.

Supply Chain Strategy 119

Supply Chain Strategy Supply Chain Design Software Sourcing Strategies Supply Chain Design 119

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 140

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 140

SupplyOn

OCTOBER 2, 2018

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The goal of this changeover was to significantly streamline the SBB’s purchasing and procurement logistics. Suppliers supplying several SBB divisions will benefit in particular.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Industrial 40

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 75

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 75

o9 Solutions

MAY 26, 2021

and carefully procure and place inventory, they constantly face operational issues during execution. They not only provide end-to-end visibility from consumer purchase to supplier shipments, but also provide recommendations on what to do that addresses issues and enables users to choose from various options and act on them.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Supply Chain Game Changer

FEBRUARY 12, 2020

Why have so few companies adopted a TMS (Transportation Management System) solution? Many years ago I started a Supply Chain Services business as a new service within the company. Our target customers were small to mid size companies. Many customer prospects however did not elect to buy our service, which we found perplexing.

Transportation Management 76

Transportation Management Optimization Software Negotiating Skills Transportation 76

SupplyOn

SEPTEMBER 25, 2018

Hamburg calling: Preceding the ‘Aviation and Space Regions’ day, the Supply Chain Excellence Initiative (an association of regional aerospace associations and clusters, BDLI and SPACE) chose the Hanseatic city for its 5th SCE Forum on September 19.

Aerospace 40

Aerospace Procurement Analytics Industrial Industry 40

ivalua

MARCH 18, 2021

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility). The Ivalua solution empowers us to deliver value to CPOs throughout Belgium”.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Purchasing Skills Sourcing Strategies 130

Supply Chain Game Changer

JUNE 17, 2020

Molycorp, a key producer in the 1980s, and other companies shipped their oxides to China for refining and value-added production into metals, alloys, and magnets. This is not a problem that individual companies will be able to solve on their own. However, safety and regulatory concerns led to a drastic reduction of rare earth mining.

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

Infosys Supply Chain Management

NOVEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Retailer Multi-Channel Operations Capabilities Get an Early Test in the 2011 Holiday Buying Season | Main | Fraud vs Customer Centricity - III » Layaway and Buy Now Pay Later Payment Options!

Eliminating Excel in Purchasing 22

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Agile and Lean Supply Chain 22

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 282

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 282

ShipBob

NOVEMBER 6, 2023

An inventory audit is defined as the process of checking a company’s actual inventory levels against their financial records to ensure accurate inventory accounting. Inventory audits can be performed by the company or an outside auditor to identify any problems with the inventory storage and accounting methods a company is using.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Kinaxis

MAY 18, 2016

Michael Massetti is Executive Partner in Supply Chain at Gartner, a leading technology research company. He has a background in the world of technology, having led Supply Chains at some of the world’s largest tech companies. What different Supply Chain challenges do you think each of these types of companies encounter?

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

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 dug that company out of terrible financial difficulty after the “internet bubble” burst in 2001. Our customers did not need hundreds of copies.

Gartner 74

Gartner Manufacturing Procurement Optimal Sourcing Supply Chain Software 74

Supply Chain Game Changer

NOVEMBER 8, 2018

Why have so few companies adopted a Transportation Management System (TMS) solution? Many years ago I started a Supply Chain Services business as a new service within the company. Our target customers were small to mid size companies. Many customer prospects however did not elect to buy our service, which we found perplexing.

Transportation Management 43

Transportation Management Optimization Software Negotiating Skills Optimal Sourcing 43