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 139

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 139

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

Rather than look at their headcount as the primary source of saving, this research revealed that the supplier base offered far greater value to businesses. This underlined the potential power of procurement as a cost-saving capability. In comparison, 47% of U.S. In comparison, 47% of U.S. Nearly half (49%) of all U.S.

Optimal Sourcing 52

Optimal Sourcing Procurement Cost Reduction Strategies Supply Chain Planning 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

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 91

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. Additional eSignature capabilities now apply to more supplier documents.

Manufacturing Procurement 95

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

QAD

APRIL 18, 2024

Source: Environmental Protection Agency (EPA) The shift from an original target of 152 grams of CO 2 per mile (equivalent to 58 mpg) to the revised target of 170 grams per mile (52 mpg) in 2027 represents an easing of emissions standards. manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.

Material Savings 88

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 88

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

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 199

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 199

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

Claritum

MARCH 29, 2019

Claritum Article - Procurement Blog. Crazy World of Procurement. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features. 2 Crazy World of Procurement. Introduction. Further Reading.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Supply Chain Software Optimal Sourcing 40

NC State SCRC

DECEMBER 17, 2017

The ranking “is based on an analysis of 37 data inputs provided by 12 third-party sources. Data for two of the categories used in the ranking – Innovation and Social Responsibility – are based on processes developed by Handfield and Huang.

North Carolina 40

North Carolina Innovation Supply Chain Software Optimal Sourcing 40

QAD

MARCH 26, 2024

manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China. Under Elon Musk’s stewardship, Tesla has emerged as a pillar of this American dream, making notable strides in localizing its supply chain with initiatives like sourcing batteries from Nevada and establishing a lithium refinery in Texas.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 52

Supply Chain Matters

MARCH 21, 2024

There are further plans for added investment in an advanced lithography innovation hub at Intel’s existing Oregon facility. Noted in interviews with sources is a realization that facility construction costs are four to five times higher than what they would be Asia. sourced capability. None the less, the U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Oregon Buyer Training 52

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

Supply Chain Matters

JULY 27, 2023

The country’s finance ministry pointed to weak demand for semiconductors, inflation and interest-rate hikes leading to a stagnated global economy, along with a high base of comparison to last year’s levels. The last three years of pandemic induced exploding levels and component shortages provided a high threshold level of comparison.

Supply Chain Network Software 52

Supply Chain Network Software Taiwan Supply and Demand Electronics 52

AFFLINK

DECEMBER 27, 2018

Customers want to be able to view a company's inventory through multiple channels, while an organization itself needs to be able to consolidate procurement—regardless of channel—through a single database and system. Encourage Supply Chain Innovation. Businesses need to follow consumers’ leads when it comes to innovation.

Supply Chain Planning Software 48

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 48

Arena Solutions

MAY 31, 2020

Though BOMs can include more descriptive information too, for example, the unit of measure or procurement type. Sourcing Bill of Materials in Arena PLM. In Arena, part sourcing information is also linked so teams can quickly assess who the approved manufacturers and suppliers are for each component. Environmental Compliance.

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

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

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

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. Source: Amazon.com. 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 133

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 133

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. It can help when you know something is wrong but are struggling to find the source of the problem. The company did not know the source of the problem.

Optimal Sourcing 52

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

AUGUST 14, 2023

The last three plus years of pandemic induced exploding levels and component shortages provided a high threshold level of comparison. It now appears that demand and supply networks are adjusting to different levels of product demand, economic market and innovation specific cycles.

Supply Chain Network Software 52

Supply Chain Network Software Industrial Industry Inventory Reduction 52

ThroughPut

APRIL 6, 2020

These innovations have truly triggered an innovative collaboration between partners, distributors, and suppliers that extend well beyond the physical/virtual walls of the enterprise. They also get the ability to do a comparison and quickly reconfigure the essential material needed to procure from various suppliers.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

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. 1] https://infocus.emc.com/mauro_caputi/contracts-management-and-analytics-the-source-of-truth-for-big-data/.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

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] He insists consumers are also increasingly relying on recommendations from trusted sources such as friends and other influencers. ”[2] What has changed? Footnotes. [1]

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

ThroughPut

APRIL 2, 2020

These innovations have truly triggered an innovative collaboration between partners, distributors, and suppliers that extend well beyond the physical/virtual walls of the enterprise. They also get the ability to do a comparison and quickly reconfigure the essential material needed to procure from various suppliers.

Optimal Sourcing 52

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

SupplyShift

OCTOBER 13, 2021

Procurement is emerging as a particularly helpful and strategic function to sustainability efforts and setting supply chain sustainability goals. Elevating procurement’s role before setting sustainability goals can be a useful and facilitative practice.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain Software 52

SupplyShift

OCTOBER 13, 2021

Procurement is emerging as a particularly helpful and strategic function to sustainability efforts and setting supply chain sustainability goals. Elevating procurement’s role before setting sustainability goals can be a useful and facilitative practice. Encourages more widespread adoption of responsible sourcing practices.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Resource Reduction Supply Chain 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

Supply Chain Shaman

OCTOBER 8, 2019

Most can only measure functional costs—transportation, manufacturing, and procurement. Popular techniques included business process outsourcing, contract manufacturing to reduce the cost of labor, low-cost country sourcing, tax efficiency projects, and the elongation of payables to improve cash-to-cash. 6 The Only Constant Is Change.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

HICX Solutions

MARCH 3, 2022

In our latest webinar, in association with Procurement Leaders and featuring Costas Xyloyiannis (CEO, HICX) and Jerry Grable (Director eBusiness, BAE Systems ), we discuss a range of use cases that illustrate specifically how supplier data drives resilience, visibility and value. Single source of truth & data compliance.

Data 52

Data Sourcing Strategies Optimal Sourcing Analytics Software 52

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

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. Typically, on Indirect Spend, suppliers can be engaged by users; how should these suppliers be viewed and handled by Procurement and other users? This status relates to the Procurement team reviewing a supplier that has been added to the system. Introduction. Supplier Lifecycle Management.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

Infosys Supply Chain Management

MARCH 6, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Further with new technological innovations, the resources, especially hardware, become obsolete faster and need to be replaced or upgraded with latest technologies to achieve required efficiency.

Supply Chain Planning Software 35

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chain Planning 35