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 91

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 91

Elementum

FEBRUARY 7, 2024

Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing. This not only speeds up procurement cycles but also ensures compliance and optimizes costs through intelligent vendor evaluation and selection.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. This customizable Excel tool provides a clear definition and measurement of KPIs, helping you keep your targets SMART and drive continuous improvement.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 92

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. Document processes and provide training to employees to ensure compliance and proficiency.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 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

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 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

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

Logility

OCTOBER 27, 2021

Businesses can set specific goals to encourage suppliers to be more sustainable or take an indirect approach through training and education. Traceability solutions can help improve sustainability throughout the apparel supply chain. Commit to continual improvement. You can rely on the group for that.

Apparel 130

Apparel Sustainability Supply Chain Strategy Supply Chain Software 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

Procurement Academy

MARCH 3, 2021

Corporate training plays a crucial role in equipping your company’s employees with valuable resources and relevant educational material. The purpose is to deliver better results and improve your business operations. Research highlights that traditional corporate training can negatively impact employees’ retention.

Buyer Training 105

Buyer Training Price Mitigation Strategies Training Resource Reduction 105

GlobalTranz

SEPTEMBER 23, 2021

The forthcoming infrastructure bill may contain funds to help assist shipper needs, such as grants to increase the number of driver training facilities and kickbacks to carriers that implement added safety measures. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Unleashed

APRIL 18, 2024

The JIT model at Dell involves a sophisticated supply chain system where components are procured and assembled only as needed to produce computers with a high degree of customisation. JIT demands meticulous planning, a culture of continuous improvement, and responsiveness to meet the dynamic needs of the food market.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

Unleashed

AUGUST 20, 2023

It includes everything from the procurement of raw materials to production, inventory management, and shipping. How to shorten lead times You can take several strategic actions to shorten lead times and improve overall efficiency in delivering products. Cross-training: Train employees to handle multiple tasks or stages of production.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Network

MAY 15, 2012

Everyone has bad habits, but for procurement, bad habits can put a major dent it in the ROI of your sourcing tools. At 30,000 feet, answer these questions to drive improved adoption: • Have we trained everyone? At 30,000 feet, answer these questions to drive improved adoption: • Have we trained everyone?

Purchasing Skills 97

Purchasing Skills Sourcing Strategies Optimal Sourcing Procurement Solutions 97

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. Invest in training/re-certification. Cross-train all employees. Use flextime. Move your time clocks.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Supply Chain Game Changer

JANUARY 15, 2020

Train staff. Train managers. Train temporary workers. Train drivers. Train vendors. Train everyone on standardized operations. A Responsive Supply Chain is ready to answer demand and always focuses on the need for continuous improvement. supplychainmanagement #procurement #logisticsmanagement.

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Vendor Strategies Supply Chain Strategy 53

Proxima

AUGUST 24, 2023

The tech space is continually improving and growing, and the options for sustainable procurement professionals can be overwhelming, making it difficult to know where to start. Unless there is a significant push for improved carbon literacy training and development, it will be difficult to shift the dial on retaining talent.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

Proxima

AUGUST 24, 2023

The tech space is continually improving and growing, and the options for sustainable procurement professionals can be overwhelming, making it difficult to know where to start. Unless there is a significant push for improved carbon literacy training and development, it will be difficult to shift the dial on retaining talent.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . 4) Improve Materials Management Competency in Supply Base. .

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Unleashed

DECEMBER 12, 2023

It also acts as a crucial document for coordination among different teams – such as design, procurement, production, and quality control – ensuring everyone is on the same page when it comes to manufacturing. Apply continuous improvement methods Continuous improvement in manufacturing ensures maximum output in relation to your inputs.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Unleashed

JANUARY 24, 2022

MRO inventory can account for a sizeable portion of a business’ total procurement spend. Take a comprehensive approach to MRO inventory procurement. Train staff on how and where they can find the MRO inventory they need and the procurement processes of the organisation. Conduct regular audits of equipment and processes.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Procurement Solutions Optimization Software 130

Supply Chain Game Changer

NOVEMBER 9, 2018

And I could see some focus on continuous improvement. Some facilities would be reporting on continuous improvement activity but it happened occasionally. Other facilities had no continuous improvement activity at all. Training Overview with Learning through Self Practice.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

GlobalTranz

APRIL 30, 2015

Editor’s Note: We continue our collaborative blog series with Ben Goldwasser of Spendrix, a company who helps shippers determine which carriers operate best in certain regions, and conditions, allowing you to be more thorough. Therefore, when you arrive on-site, it is important to check out your carrier’s training capabilities.

Risk Management 120

Risk Management Buyer Training Logistics Network Optimization Software Cargo 120

The Logistics of Logistics

JULY 7, 2019

Continuous improvement. Employee awareness and training. Update procurement and carrier agreements to include FSMA provisions. Business intelligence & KPIs. Real time monitoring and alerts for non-compliance. Now that we know the basics, what is the first key to cold chain success? Creating the Right Culture.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 100

Supply Chain Opz

JANUARY 22, 2016

Brian Miller, VP of Services at Intesource, a PROACTIS company Managed services is a sourcing approach less common in the procurement industry today, but poised to grow tremendously over the next couple years. Strategic procurement platforms help organizations analyze their data and make it actionable.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. It is crucial to communicate the benefits of innovation, provide training and support to employees, and involve stakeholders in the decision-making process.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

EcoVadis

NOVEMBER 24, 2016

Personnel controls and training. Corrective action and continual improvement. EcoVadis assesses supplier CSR risks using 21 criteria covering environment, labor & human rights, business ethics and sustainable procurement. Supplier Cartel Activity and Sustainable Procurement. Risk assessments. •

System 70

System Optimal Sourcing Buyer Training Guidelines 70

GlobalTranz

AUGUST 25, 2017

Also in charge of collaboration with third-party transportation organizations: trucking companies, cars, trains, and airlines. They work on continuous improvement of quality and efficiency of operations under their direct control. These executives oversee procurement of supplies and provide inventory control.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

GlobalTranz

JULY 29, 2015

A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed. Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years.

Transportation Management 120

Transportation Management Transportation Report Demand Planning Software 120

Talking Logistics

FEBRUARY 29, 2016

How the carriers respond will ‘train’ the buyer for the next time this changes.”. We’ve produced several Talking Logistics episodes related to transportation procurement (see links below), with each guest providing great insights and advice on the topic. Leading Practices in Transportation Procurement.

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

Talking Logistics

AUGUST 4, 2014

How many people do we hire and train? It addresses a real need and challenge that many companies face today: how to effectively scale their logistics resources, technology, and processes in a rapidly changing environment. What skills and knowledge must they have? Which technology applications should we invest in?

Logistics Network Optimization Software 166

Logistics Network Optimization Software Network Design Software Supply Chain Design Software Modeling 166

Unleashed

APRIL 21, 2024

Purchase order processing Purchase order processing is a component of procurement that ensures that goods or services are acquired efficiently and effectively. This data-driven strategy enables more informed decision-making and can significantly improve workflow management, leading to increased productivity and success.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

RFgen

MAY 16, 2023

These insights are critical to procurement and warehouse management. Effective Tips for Finding and Training Top Warehouse Workers READ NOW » Data Analytics Techniques for Inventory Management Several data analytics techniques can be employed to optimize inventory control. If necessary, propose a data collection solution to go with it.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

ivalua

JUNE 1, 2022

Suppliers can support company growth as part of the Amrest procurement journey. Part of procurement, driven by finance–payment is a key part of the supply chain partnership. . ESG and the sustainable supply chain is also important within the procurement process. . Part of the Solution. How can Amrest start this journey?

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 130

FourKites

JANUARY 7, 2021

To reach this point, organizations need to ensure that their people are not only trained to perform in the job but also equipped with the right tools and processes to bolster their chances of success. Identify both quick, low-hanging improvements as well as longer-term, continuous improvements.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52