ivalua

MARCH 28, 2019

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Technology has radically changed procurement activities and procurement roles across virtually all our spheres of activity.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Supply Chain Shaman

SEPTEMBER 27, 2021

Over the course of the five months, we iterated on the model over seven sessions. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. I asked Greg Aimi, currently at Gartner to help. We ordered pizza and started working on a visibility maturity model.

Supply Chain Planning Software 390

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 390

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. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded. Our course breaks down TCO/TCS.

Pricing Training 72

Pricing Training Negotiating Skills Optimal Sourcing Purchasing Skills 72

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Shaman

FEBRUARY 1, 2024

Over the course of the last decade, his story is the same. days to receive a purchase order confirmation. The average purchased order changes 3.5 As shown in FIgure 1, the fourth node is the COV of materials in planned orders/COV of purchase orders. Back to John. His comments are typically a word salad rant.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Which metrics do you think matter to supply chain excellence? Of course, the achievement of 100% ‘perfect order’ performance is not possible. Here is an excerpt from the interview.

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Eliminating Excel in Purchasing 279

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

ivalua

JUNE 29, 2020

Now, of course the systems of healthcare differ but overall the level and growth is certainly a concern. As is, the healthcare supply chain is complex with multiple players involved such as manufacturers, distributors and group purchasing organizations (GPOs) supporting and interacting with multiple departments and care delivery points.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Opz

MARCH 31, 2015

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Negotiating Skills 100

SCMDOJO

APRIL 11, 2025

While it does an excellent job in streamlining the front-end customer experience from discovery to checkout its true potential is unleashed when combined with CRM tools like Salesforce, HubSpot, Zoho, or Pipedrive. Check out this course by Vera Rozanova! Looking to learn more about the fundamentals of Supply Chain Visibility?

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 84

Supply Chain Shaman

JUNE 16, 2014

Over the course of the last year, I have written about this extensively. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. I would build an expertise system in the Supply Chain Center of Excellence. They are slow to adapt. I am an old gal. (I

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

Manufacturing Procurement 90

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 90

ivalua

OCTOBER 1, 2019

Peter Smith, Managing Director at Procurement Excellence Ltd. If Procurement people, functions and organisations are going to be successful, it is obvious that we have to adapt to the changing wider business and social environments. Effectiveness covers what we might consider the traditional aspects of Procurement.

Procurement Solutions 100

Procurement Solutions Agile and Lean Supply Chain Procurement Eliminating Excel in Purchasing 100

SCMDOJO

DECEMBER 5, 2024

Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. The 7 Stages of the Inventory Life Cycle Procurement Acquiring necessary goods and materials before starting a business is essential. This step involves donation and charity programs.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

ivalua

MARCH 14, 2019

It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. In the process, these advances are enabling procurement leaders to look beyond their traditional remit. Blog first published by our friends at Purchase to Pay Network.

Procurement Analytics 100

Procurement Analytics Procurement Purchasing Skills Eliminating Excel in Purchasing 100

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared. Procurement was operating in isolation from supply chain.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This can lead to dual sourcing and more competition among suppliers, ultimately reducing procurement costs and ensuring higher product quality.

Negotiate Pricing 132

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 132

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Is Procurement drowning in data? Of course not.

Optimal Sourcing 101

Optimal Sourcing Procurement Data Supply Chain Planning Software 101

Logistics Bureau

NOVEMBER 3, 2024

Of course, it is helpful to have some statistics on hand to validate the statement above. This formula has enabled Whirlpool to endure and thrive in the 13 years since it set out to build an adaptive supply chain, but of course, the work never ends. If you want business success (and who doesn’t?),

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path!

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. I’d suggest that “speed” has both internal and external dimensions.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Jaggaer

FEBRUARY 20, 2025

And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey. the public sector).

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Manufacturing Procurement Sourcing Strategies 52

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. Procurement is critical to being able to stay in stock with the most important products. Across the US, Ferguson has 6.5 Getting the Most out of People.

Supply Chain Design Software 300

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 300

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

Supply Chain Opz

OCTOBER 10, 2014

If you’re a Procurement professional, what was your spend? This can often involve taking additional courses, seeking out a mentor to advise them on your career path, putting your hand up to be involved in new projects and working outside your job scope. Procurement? Beyond that, make it quantifiable wherever possible.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 271

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence. Over the course of around 15 years, the company perfected the strategy. Book your free consultation.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

SCMDOJO

JUNE 9, 2025

For teams looking to systematize their logistics documentation practices, SCMDOJO’s Logistics Management Track and Mastering Transportation Management System courses offer practical training on how to implement digital tools, automate document flows, and optimize transportation records across the supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Why does it matter to you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers. This isn’t just about purchasing power.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Price Reduction Cost Reduction Strategies Expense Reduction 177

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Jaggaer

MARCH 23, 2020

And that, of course, includes procurement professionals. Gartner also comes with a prediction: “By 2021, augmented analytics will be a dominant driver of new purchases of A&BI and DSML platforms, and of embedded analytics.” So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The Preamble. The River of Demand. #3

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207