ivalua

JANUARY 22, 2019

For Procurement leaders in particular there couldn’t be a better time to do so. A recent study by the Hackett Group found that only 63% of Procurement organizations have even developed a plan for digital transformation. My recommendation is to set an aspirational resolution that reflects Procurement’s true potential. Innovation.

Optimal Sourcing 113

Optimal Sourcing Procurement Supply Chain Planning Software Supply Chain Software 113

ivalua

MARCH 1, 2022

In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . REDUCE SUPPLY RISK TO ENSURE SUPPLY CONTINUITY . View Webinar Replay. REDUCE SPEND COST .

Negotiating Skills 130

Negotiating Skills Negotiate Pricing Modeling Software Price Reduction 130

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

ivalua

JUNE 29, 2022

While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties.

Waste Reduction 130

Waste Reduction Supply Chain Strategy Supply Chain Planning Software Strategy 130

Logility

AUGUST 30, 2016

Improvement work is the stuff of 80-hour work weeks, but is it strategic? Yes, in the sense that continuous improvement is table stakes for company survival, but, no, in the sense that these improvements are by definition within the box. Innovation as Excellence. What is the “innovation index?”

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Logility

AUGUST 30, 2016

Improvement work is the stuff of 80-hour work weeks, but is it strategic? Yes, in the sense that continuous improvement is table stakes for company survival, but, no, in the sense that these improvements are by definition within the box. Innovation as Excellence. What is the “innovation index?”

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

ivalua

DECEMBER 3, 2021

While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Sustainability Supply Chain Planning 130

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. The company works hard to meet the demanding requirements for quality, innovation, and cost from their OEM customers.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. AI-driven systems improve understanding and management of workflows.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? Naturally, a supplier relations conflict exists.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Continuous improvement initiatives help enhance product quality and customer satisfaction. Production Planning Upon receiving an order, production planning kicks in.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. Fresh, easy to digest format.

Supply Chain Design Software 113

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

ivalua

NOVEMBER 18, 2021

Firms need to act, ensuring environmental efforts extend beyond their own four walls to cut carbon emissions and avoid greenwashing,” commented Alex Saric, smart procurement expert at Ivalua. This means it’s critical they work with immediate and sub-tier suppliers to drive improvements in environmental practices.”.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Gartner Switzerland 130

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. During the project, she was able to rationalize the supply base, boost procurement efficiencies and drive positive financial results. Gain Efficiencies with Automation.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

Synovos

AUGUST 21, 2023

The program recognizes the winners’ commitment to continuous improvement in the prevention of accidents at work while examining health and safety management systems, including practices such as leadership and workforce involvement. “RS Together, the two form the world’s first MRO supply chain services company with true global reach.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Optimal Sourcing Procurement Solutions 52

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. As the industry evolves and innovations improve, OTR freight management technologies offer?? Download the White Paper: Over the Road Freight Management Trends. The trucking market is subject to macro and micro economic indicators.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ivalua

NOVEMBER 18, 2021

Firms need to act, ensuring environmental efforts extend beyond their own four walls to cut carbon emissions and avoid greenwashing,” commented Alex Saric, smart procurement expert at Ivalua. This means it’s critical they work with immediate and sub-tier suppliers to drive improvements in environmental practices.”.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Gartner Switzerland 100

ivalua

NOVEMBER 12, 2019

Winner of Awards for Innovation in Digitization and Innovations in 3rd Party Management. The Future of Sourcing Awards program, which took place Wednesday, October 16, 2019 , recognized companies and individuals that are transforming, innovating and leading the sourcing, procurement and outsourcing industry.

Optimal Sourcing 150

Optimal Sourcing Sourcing Strategies Sourcing Procurement 150

Supply Chain Shaman

MARCH 3, 2018

Locate them in an innovation center, not a function. Challenge them to build new capabilities working with innovative technology leaders. The innovation you need today will not come from large consultants or technology companies. I find most of them focus on improving the status quo and selling large system projects.

Supply Chain Design Software 152

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

QAD

APRIL 22, 2021

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Manufacturers face ongoing challenges in selecting the optimal source of supply for the many materials, products and services they procure. Boost Long-term Supplier Relationships.

Manufacturing Procurement 83

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 83

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. The focus cannot be about only continuous improvement of existing processes.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! Emerging procurement theory suggests that creating win-win situations within buyer and supplier agreements are the best ways to create long-lasting, engaging, creative, collaborative, and innovative partnerships. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

EcoVadis

FEBRUARY 3, 2016

Procurement teams may be wondering “What is the Circular Economy and how might it be integrated into supply chain management?”. Correctly, many companies are focusing on the supply chain, engaging with their upstream partners to implement innovative procurement practices.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 40

NC State SCRC

FEBRUARY 23, 2017

In the RFQ process, procurement should ideally be transparent about answering this question. The Request for Quote process, if done correctly, is a way for procurement to be able to quantify the elements of value and in many cases, and for the sales team at suppliers to educate the customer on what their true performance capabilities are.

Optimal Sourcing 40

Optimal Sourcing Procurement Price Reduction Cost Reduction Strategies 40

Arena Solutions

MAY 22, 2023

From engineering, quality, and procurement to suppliers and contract manufacturers—everyone must work off the same design to ensure that the right parts get sourced, the proper assembly lines and tooling are in place, and the product meets customer expectations. There are many players involved in the product development process.

Supply Chain Design Software 78

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Modeling Software 78

ThroughPut

JANUARY 2, 2024

It demands an in-depth understanding of every stage of the supply chain, from the initial procurement of raw materials to the delivery of the final product. Beyond these measurable gains, JIT also cultivates an organizational culture steeped in continuous improvement and operational efficiency.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

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. Tolerance of Supply Chain Leaders for Supply Chain Innovation. The drivers?

Supply Chain Planning Software 195

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

Talking Logistics

MAY 9, 2019

Driven by customer demand, organizational changes and issues, a focus on sales, customer retention, globalization and other time-consuming challenges, companies are being steered away from supply chain innovation. Decentralized procurement of various logistics services limit leverage opportunity, cost reduction and efficiency enrichments.

Optimal Sourcing 123

Optimal Sourcing Supply Chain Software Supply Chain Optimization Logistics Network Optimization Software 123

EC Sourcing Group

MAY 3, 2023

By engaging in dialogues with suppliers about sustainability goals and initiatives, companies can encourage them to continuously improve their environmental performance. Incorporating an eSourcing tool into your purchasing process can drastically reduce your carbon footprint and help create a more sustainable future.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Procurement Solutions 52

SCMDOJO

DECEMBER 14, 2023

This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it. Procurement Lead Time: Efficient procurement lead time ensures timely access to raw materials, a fundamental step toward efficient production.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Supply Chain Shaman

OCTOBER 1, 2013

Products have proliferated by 37% over the last five years and packaging suppliers are being asked to provide more and more innovation to help the food manufacturers bring new products to the market. OI has been more focused on transactional efficiency, procurement and IT standardization. The companies are similar in size.

Illinois 251

Illinois Waste Reduction Supply Chain Planning Software S&OP 251

Talking Logistics

MARCH 13, 2018

Once connected, you can begin automating your inter-business processes – with suppliers to procure direct materials more efficiently, with logistics service providers to drive continuous improvement in costs and service levels, and with customers to provide them with visibility to the status of orders and shipments, even across multiple modes.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Logistics Network Optimization Software 102

Global Trade Management

DECEMBER 11, 2023

Algorithms process input data such as current inventory levels and anticipated demand, producing recommendations for raw material procurement. RPA systems continuously improve performance by learning from past interactions, ensuring consistent and accurate task execution.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59