Supply Chain Shaman

APRIL 29, 2024

The comparison of dissimilar companies in a four-box model is meaningless. It will never be an apples-to-apples comparison or even a comparison of types of apples (E.G. Don’t run a selection process through procurement or finance. It is one of the reasons that I resigned from Gartner (not once but twice).

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 417

SCM Research

SEPTEMBER 1, 2015

The global not-for-profit organization CDP (formerly the Carbon Disclosure Project) has published a report: Supply Chain Sustainability Revealed: A Country Comparison. The report was written by Accenture Strategy.

Comparison 110

Comparison Sustainability Supply Chain Strategy Supply Chain 110

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Negotiating Skills 53

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 53

SCMDOJO

SEPTEMBER 19, 2024

On the other hand, SCMDOJO is a specialized platform dedicated solely to supply chain and procurement professionals. We have done an in-depth comparison between LinkedIn Learning vs SCMDOJO and CIPS on demand vs SCMDOJO that breaks down features, pricing, and content to help you choose the perfect platform for your learning journey.

Course 97

Course Supply Chain Design Software Supply Chain Planning Software Comparison 97

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Is a comparison of COV of channel demand versus orders sufficient? Or a similar comparison of customer orders or planned orders? ” Anna, this blog post is for you. Over the last two years, I actively engaged technologists and business leaders to redefine demand planning.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Jaggaer

FEBRUARY 5, 2025

Heres an outline of the thought process involved and how automation can play a role: Automated Evaluation of Price Bids – After an eAuction, the first step in the assessment process is often the comparison of prices. This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Can you help us with what you see in the data?” ” Yes, I said.

Optimal Sourcing 365

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 365

Supply Chain Shaman

NOVEMBER 15, 2023

For this blog post, never mind the comparison. The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement.

Supply Chain Planning Software 418

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 418

Supply Chain Shaman

NOVEMBER 11, 2020

For comparison, JDA had $2B in debt with a minority investment by Blackstone Partners in 2016. Coupa is well funded and performed well in the indirect procurement software market. There is tension within organizations: the move from procurement as a self-serving function to enabling effective trading partner flows.

Supply Chain Design Software 362

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 362

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . The gap between procurement and finance is also a factor to consider that creates additional complexity. A New Vision for Amrest. Where to begin?

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . The gap between procurement and finance is also a factor to consider that creates additional complexity. A New Vision for Amrest. Where to begin?

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. 3. Price Lookup and Comparison. RPA can routinely search for pricing data on specified materials and structure this data in a way that makes conducting comparisons easier.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Allow carriers some flexibility in bidding.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Precoro

AUGUST 26, 2021

Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined.

Pricing Training 98

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

Logistics Viewpoints

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. They recommended a change in leadership.

Boston 306

Boston Purchasing Skills Sourcing Strategies Sourcing 306

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

SCMDOJO

DECEMBER 29, 2024

This comprehensive comparison will examine the key aspects of these platforms, enabling you to decide which best suits your career goals. These courses cover essential topics, from supply chain management fundamentals to specialized areas such as logistics, procurement, and sustainability.

Course 98

Course Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 98

Logistics Viewpoints

MARCH 17, 2022

A utomation: Digital workflows, including internal and external data integration, master data diagnostics, forecasting, replenishment, procurement, extending all the way to fulfillment and transportation planning, can immensely improve planner productivity and speed of decision-making. This is also referred to as “composability.”

Supply Chain Planning Software 336

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 336

Freightos

SEPTEMBER 14, 2022

While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Changing Trends in BCO Air Cargo Procurement. During the peak of the ocean freight congestion, in September 2021, ocean freight rates reached well over $20,000 for China – US West Coast shipping. Signup Now.

Logistics 156

Logistics Cargo Comparison Freight 156

Supply Chain Shaman

DECEMBER 28, 2020

Days of Inventory Comparison. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

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 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Exiger Perspectives

MARCH 25, 2025

25, 2025 – Exiger , the market-leading supply chain and third-party risk AI company, is a top-ranked vendor in Spend Matters 2025 SolutionMap and TechMatchSM procurement technology rankings, which include over 100 procurement technology vendors. See membership comparisons and details here.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Procurement Analytics Vendor Strategies 52

Supply Chain Game Changer

NOVEMBER 27, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? We thought we’d take it upon ourselves to do a summary-style Infographic that highlights some of the core differences between what’s considered “Purchasing” and what’s considered “Procurement.”

Purchasing Skills 68

Purchasing Skills Procurement SCM Comparison 68

ivalua

APRIL 28, 2022

This year’s study – the 5th Annual – delves deeper into some of these areas and provides a current analysis, and in some cases, comparison for several of these critical data issues. View the report HERE. Would you like to see the report come to life?

Government 130

Government Quality Supply Chain Software Data 130

MIT Supply Chain

MARCH 2, 2021

Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. An international transportation comparison with qualitative coding The TTPI gives a country an overall rating on a scale of 1–4. including owner-operators.

Comparison 52

Comparison America Transportation Colombia 52

Jaggaer

MARCH 19, 2025

By comparison, in India the figure is just 2.5 Procurement has changed But how does all this affect us in the procurement community? Procurement today has three overarching objectives: to maximize profitability, minimize risk, and optimize sustainability. And it is those of us in the richer countries (i.e., metric tons.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Price Reduction Sourcing Strategies 52

Procurement Academy

OCTOBER 25, 2021

This wider focus is known as ESG , environmental, social, and governance, and for procurement and supply chain functions, ESG’s wider focus brings challenges. How should a procurement function regard a supplier with fewer green credentials, but a better performance when it comes to social responsibility? Choices, choices, choices.

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Supply Chain Shaman

NOVEMBER 21, 2018

Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Supply Chain Risk Drivers: A Comparison of Risk. Operations complexity coupled with the rise in demand volatility increases corporate risk. Reference Figure 1. The larger the bubble, the greater the risk.).

Supply Chain Planning Software 220

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 220

TransAudit

MARCH 25, 2025

Data-Driven Decision-Making in Freight Procurement Advanced Transportation Management Systems (TMS) enable: Carrier vetting and rate comparison. High-density storage solutions that maximize warehouse space and reduce operational costs. Automated fulfillment centers designed for faster order processing and shipping.

Supply Chain Network Software 67

Supply Chain Network Software Optimal Sourcing Network Optimization Material Savings 67

Supply Chain Shaman

JUNE 14, 2018

PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to maximize the value of each inventory dollar. MRP logic is a transactional planning tool for procurement.

Optimal Sourcing 191

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 191

Logility

APRIL 2, 2020

However, if lead times tend to be very short for some suppliers and longer for others, an average will generate an irrelevant basis of comparison. Building a new supplier scorecard program can have a major impact on the costs and value of your procurement and purchasing functions. In this case, calculate percentile ranks.

Negotiating Skills 158

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 158

EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Have inventory management.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

Supply Chain Shaman

JULY 12, 2022

Comparison of Industry Players Within Consumer Goods for the Period of 2012-2021. For example, a “buy plan” for procurement. The constant reorganization and leadership changes within Unilever create ongoing turbulence not seen in their peer group.

Supply and Demand 221

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 221