SCMDOJO

JUNE 21, 2023

SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

E2open

NOVEMBER 15, 2022

Through its procurement API and the Carrier Highlight capability within e2open’s Transportation Management System (TMS) application, Surge will provide rate optimization and capacity to dry and refrigerated assets for e2open shippers in the consumer-packaged goods vertical as well as their inbound shippers.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Logistics Network Optimization Software Optimal Sourcing 78

Supply Chain Shaman

NOVEMBER 21, 2018

In this push, Oracle, SAP and INFOR became revenue market leaders in APS, but under-served the market in the delivery of innovation. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Supply Chain Risk Drivers: A Comparison of Risk. Sadly, it did not.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

NC State SCRC

DECEMBER 17, 2017

Data for two of the categories used in the ranking – Innovation and Social Responsibility – are based on processes developed by Handfield and Huang. In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management.

North Carolina 40

North Carolina Innovation Supply Chain Software Optimal Sourcing 40

HICX Solutions

MAY 13, 2020

And given the speed of technological development, is buying a procurement suite really the ‘safe’ option today? Many CPOs and IT teams believe a procurement suite is the straightforward and reliable choice, but all in-one platforms are harder to remove once they’re in place. But does that still hold true in 2020?

Supply Chain Software 52

Supply Chain Software Eliminating Excel in Purchasing Procurement Sourcing Strategies 52

Proxima

APRIL 10, 2020

Decisions that will underpin recovery, reboot, and acceleration of business strategy; Make vs. buy 2.0 – rapid comparison of internal, external and digital solutions Risk assessed balancing of fixed vs. variable cost levels Agile planning and next-generation ZBB establishing operating minimums. Innovation Enablement.

Resource Reduction 98

Resource Reduction Cost Reduction Strategies Modeling Vendor Strategies 98

NC State SCRC

AUGUST 19, 2022

As shown in the chart below, Miller notes that the PPI for final demand finished goods (red), appears to have peaked on a year over year (YoY) basis as of June 2022 and is now trending down on the YoY comparison, but still up ~15% YoY. The projection is that it will take at least a year to return to 2018 levels.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Modeling Forecasting 52

Supply Chain Game Changer

NOVEMBER 23, 2018

If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. A quality fit can help a procurement team create top-line growth and customer satisfaction. Innovation. What is SQM? . Product Quality.

Quality 42

Quality Cost Reduction Strategies Resource Reduction Vendor Strategies 42

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Arena Solutions

MAY 31, 2020

Though BOMs can include more descriptive information too, for example, the unit of measure or procurement type. The redline BOM view in Arena offers a clear visual comparison of two revisions of a bill of materials. Intelligent BOM Management for Today’s Innovators. Comparison of manual vs. automated BOM management tools.

Supply Chain Design Software 58

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Supply Chain Software 58

Proxima

MAY 31, 2019

At Proxima, we’ve therefore been trying to envision what the future of procurement could look like and how Commercial teams can influence their organisations to drive ever more value out of their supply chains. High tech vs. skill sets. Is the public sector being left behind?

Negotiating Skills 40

Negotiating Skills Buyer Training Supply Chain Planning Software Optimal Sourcing 40

Freightos

JULY 26, 2018

In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. By comparison, that’s almost as large as the15th largest US passenger fleet. Amazon Air (once called Prime Air) boasts a fleet of 32 Boeing 767-300s, on track to grow to a sizeable 40 aircraft fleet.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

Locus

APRIL 26, 2024

It’s a comprehensive approach that empowers companies to streamline their procurement process, ensuring alignment with their long-term objectives and operational requirements. Fostering Innovation Through Competition RFPs can be a catalyst for innovation.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimization Software Modeling Software Optimal Sourcing 52

Supply Chain View from the Field

JUNE 5, 2013

I spoke at a meeting of Procurement Leaders in Boston today, and had the opportunity to share thoughts with a number of procurement professionals from organizations as diverse as Decker Shoes (producers of Uggs), MascoTech, TorontoDominion, Guardian Life, and AARP. We are not out to eliminate profit.

Negotiate Pricing 68

Negotiate Pricing Negotiating Skills Cost Reduction Strategies Analytics Software 68

Supply Chain View from the Field

APRIL 23, 2013

Being green is all well and good, but in the process, it is also important to get a sense of what is “minimally acceptable” , and what is a “home run”… I recently spoke with a Chief Procurement Officer, who recalled his experiences in driving green manufacturing practices and labor conditions in the semiconductor industry.

Sustainability 68

Sustainability Supply Chain Design Software Supply Chain Design Supply Chain 68

Intelligent Audit

AUGUST 24, 2022

It facilitates this benefit in numerous ways, including by streamlining: Spend optimization Demand forecasting Demand accuracy Inventory optimization Procurement responses. A procurement team compared shipment prices, asking each carrier for an all-in cost. It chose a less expensive carrier when making an apples-to-apples comparison.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

Enterra Insights

MAY 31, 2019

Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] 3] Marc Wins, “ 5 ways to adapt to changing Consumer Behavior ,” Procurement Academy, 11 March 2019. [4] ”[2] What has changed? Footnotes. [1]

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

ivalua

AUGUST 2, 2019

This natural question has led to ever greater pressure on procurement to enable a consumer-like P2P experience for employees. In fact, a recent study by Forrester Consulting found improving the employee experience to be the number one priority for procurement in 2019, with 67% of respondents ranking it a crucial or important priority.

Procurement Solutions 138

Procurement Solutions Procurement Analytics Supply Chain Network Software Optimal Sourcing 138

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. Contract Management systems can also provide insights as to outstanding terms and conditions, and which are out of line with corporate policies.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Supply Chain Shaman

JUNE 15, 2015

Over the years, as technology innovation has improved, staying current on supply chain planning optimization has not been a focus for SAP. Relative Comparison of Best-of-Breed Providers versus ERP Expansionists like SAP/Oracle. The redeployment of SAP SCM is an opportunity cost for SAP to take advantage of this innovation.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

Supply Chain Shaman

OCTOBER 8, 2019

Most can only measure functional costs—transportation, manufacturing, and procurement. Comparison of S&OP Effectiveness for SAP Users Versus the Rest of the Population. #9 Technology change is moving faster than process innovation. . #5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance. Tax and tariffs.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Supply Chain Matters

OCTOBER 20, 2023

As a comparison, the EV automaker’s automotive gross margin, excluding regulatory credits reached a peak of 25.1 The Q3 results included the reporting of a 44 percent decline in quarterly net income and a resulting 7.7 percent operating margin in the latest quarter. percent in the year earlier quarter, and have declined since.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Supply Chain Shaman

JUNE 15, 2015

Over the years, as technology innovation has improved, staying current on supply chain planning optimization has not been a focus for SAP. Relative Comparison of Best-of-Breed Providers versus ERP Expansionists like SAP/Oracle. The redeployment of SAP SCM is an opportunity cost for SAP to take advantage of this innovation.

Supply Chain Planning Software 135

Supply Chain Planning Software SAP Supply Chain Design Software Supply Chain Planning 135

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Proxima

MAY 24, 2021

This underlined the potential power of procurement as a cost-saving capability. With suppliers taking the lion’s share of a business’s spend, good procurement practice offers enormous potential to put money back on the bottom line in times of crisis. In comparison, 47% of U.S. In comparison, 47% of U.S.

Optimal Sourcing 52

Optimal Sourcing Procurement Cost Reduction Strategies Supply Chain Planning Software 52

Intelligent Audit

AUGUST 25, 2022

Therefore, it’s essential to balance the costs with the services offered by each carrier when making comparisons. A freight spend analysis should cover procurement costs and utilize technology to collect transportation data. Modern Innovations in Machine Learning Up the Visibility Game.

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

Logility

OCTOBER 6, 2023

The primary business drivers to moving to the cloud are: Leveraging a network of data and information – A cloud environment creates enormous value for the supply chain by leveraging a network of data and information to allow greater collaboration and continuous innovation.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. The normalization of these various factors will result in some “score” for each factor which, when totalled, will give a summary score allowing for the ranking of suppliers for the purpose of comparison.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. The shippers are expecting to wait a long time anyway.

Logistics Network Optimization Software 279

Logistics Network Optimization Software Negotiating Skills Optimization Software Buyer Training 279

QAD

APRIL 5, 2022

As organizations seek to boost business responsiveness and flexibility to address disruption, QAD Adaptive ERP 2022 helps our customers’ ability to advance the business intelligence, innovation and agility that is required by today’s enterprises.

Manufacturing Procurement 95

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 95

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? So… What’s your Procurement’s North Star? Subscribe Here!

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Infosys Supply Chain Management

DECEMBER 31, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. They embraced the conveniences of in-home and mobile buying and cyber-based price and feature comparisons. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). Customer Service.

Supply Chain Planning Software 24

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 24

HICX Solutions

DECEMBER 1, 2022

Rounding out the top five are more joint collaboration or innovation (14%) and reasonable expectations, at 8% of respondents. providing more relevant information and feedback to suppliers comes in highest at 25%, more efficient resolution of enquiries was cited in 14% of cases, and better two-way communications at 10%.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies How To 52