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. It’s not just the cars themselves either.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

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 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Well, the bigger picture is where the real focus shifts to total cost and value addition. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them.

Procurement Solutions 58

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 58

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. So, what else has to happen?

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 40

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 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

Logistics Viewpoints

MAY 25, 2022

Of course, change is always occurring. Brian provided some specific omni-channel examples with easy to envision benefits. The ability for a consumer to buy an item online, then come into the store and add to that transaction or to exchange the online purchase at the store. The topic of change is certainly as relevant as ever.

Conference 175

Conference Supply Chain Planning Software Optimization Software Scenario Planning 175

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Well, the bigger picture is where the real focus shifts to total cost and value addition. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

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). . Impact on the ecosystem.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

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

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.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Supply Chain Shaman

SEPTEMBER 10, 2020

For example, Campbells Soup is struggling to keep up with the demand for soup, potato chips, and cookies. Over the course of three decades, companies invested in enterprise systems to improve functional efficiency. Demand latency is the time from channel purchase to order receipt.) Most are capacity constrained.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Supply Chain Shaman

OCTOBER 8, 2019

Over the course of the last two weeks, I find myself sitting in CFO offices attempting to explain how financial leadership can drive supply chain improvement. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. The Preamble.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

SCMDOJO

AUGUST 19, 2022

They should be tight enough to stand the test of time and flexible enough to allow the integration of innovative solutions as technology advances. A good example is using automated purchasing through purchasing software. A company can beat the complexities of the supply chain by generating actionable reports.

Supply Chain Software 114

Supply Chain Software Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 114

GlobalTranz

NOVEMBER 18, 2016

Since the digital universe will expand to more than 40 trillion gigabytes by 2020, reports Jim Taylor of Inbound Logistics , future possibilities through big data may not even be fathomable. Predictive analytics capabilities within big data will help more organization improve production without increasing operating costs.

Big Data 120

Big Data Material Savings Supply Chain Planning Software Data 120

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Who are our best suppliers?

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

NC State SCRC

SEPTEMBER 1, 2023

Everything form the way we contract, manage supplier relations, to the logistics and distribution to our system and analytics infrastructure is on the table.” For example, in the operating room, consider a “kit” of various bandages, scalpels, supplies, etc. that is required for surgery.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Purchasing Skills Modeling Software 96

Precoro

AUGUST 1, 2022

Purchasing for the business is universal, but what matters the most is how it’s handled. Read on how to utilize Purchase Requisitions to start the procurement process on the right note. Purchase Requisition Is a First Step of the Procurement Process. What Is a Purchase Requisition. Who Issues It?

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Negotiate Pricing 98

Supply Chain Trend

JUNE 29, 2023

It requires planning highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce. Planned orders must become production, stock transfer, or purchase orders.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 60

Procurement Academy

MARCH 12, 2024

In response to these challenges, Skill Dynamics is proud to introduce the Future Skills course for Cost Optimization. This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Enterra Insights

JULY 6, 2020

The introduction of e-commerce inevitably meant consumers would use the digital path to purchase more regularly. In fact, every year the percentage of purchases made online increases. The direct-to-consumer model gives companies an opportunity to build their brand relationship with customers.

Manufacturing Procurement 100

Manufacturing Procurement Price Reduction Procurement Analytics Jordan 100

Unleashed

MARCH 31, 2021

Let’s take a look at the coffee supply chain as an example. Roasters may then sell on their beans to a cafe, which of course provides its barista coffee to consumers. A lean business looking to build efficiencies would do well to try and improve this metric. Read more: The Remarkable Supply Chain of the Coffee Bean.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Supply Chain Game Changer

SEPTEMBER 5, 2019

Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? A gang of procurement and sourcing professionals with our backs up against the wall, and the fight is at our front door. So here we are. The common enemy: the complexity of the global supply chain. Data First.

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

Supply Chain Game Changer

NOVEMBER 10, 2018

Collaboration between companies – joint initiatives that go beyond their normal course of day-to-day business, with the aim of delivering significant improvement over the long term. Because the pace of business has increased exponentially, and businesses must be able to respond to new market demands with agility and innovation.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Procurement Academy

AUGUST 4, 2022

Ensuring efficiency in your procurement process has a positive chain reaction within your entire organization. The objectives of a world-class procurement organization are far beyond the traditional belief that procurement’s primary role is to obtain goods and services in response to internal needs.

Optimal Sourcing 52

Optimal Sourcing Purchasing Training Negotiating Skills Procurement Analytics 52

ModusLink Corporation

APRIL 13, 2022

This, for instance, could mean a detailed lead time analysis, a performance courier report, return efficiency overview, etc. The optimization process of course changes depending on the area that requires optimization. Handling Fulfillment services internally can potentially require a high investment cost.

Logistics Network Optimization Software 78

Logistics Network Optimization Software Resource Reduction Purchasing Skills Optimization Software 78

Enterra Insights

NOVEMBER 5, 2018

For example, at the NRF’s 2018 Shop.org conference, CVS Pharmacy President Kevin Hourican, told participants, “Retail isn’t dead. shoppers still prefer to make most of their purchases in-store.” It comes down to how you manage your inventory, your channel attribution, how you think about in-store analytics.

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

QAD

MARCH 10, 2022

Of course we learn. Sometimes it is as simple as a report that you couldn’t obtain in real-time or at all. He was able to understand something in real time reporting that wasn’t available to him in the pre-SaaS processes that the company had in place. Which is true. What don’t you know about your business? And that is the point.

Forecasting Software 92

Forecasting Software Demand Planning Software Cost Reduction Strategies Manufacturing Procurement 92

Enterra Insights

APRIL 13, 2020

With millions of people furloughed as a result of the novel coronavirus pandemic, brands understand consumer purchasing power has diminished dramatically. This drop in purchasing power begs the question: Why market? ”[3] She explains, “You must add creativity and innovation to the mix. Marketing during a crisis.

Procurement Analytics 100

Procurement Analytics Just-in-Time Purchasing Skills Sourcing Strategies 100

Freightos

JULY 26, 2018

In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. You cannot rest on your laurels in this world.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

Talking Logistics

FEBRUARY 7, 2019

Every day, innovations that weren’t even conceivable a decade ago are used without a second thought. Blockchain technology behind cryptocurrencies like Bitcoin may also be used to verify identity in purchases and sales. She enjoys translating “geek speak,” and building excitement around business technology innovations.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 105

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Enterra Insights

JUNE 20, 2019

Some examples include gestural interfaces, machine-aided purchases, facial recognition, autonomous cars, miniature drones, ubiquitous advertising, and electronic surveillance. For example, analysts at River Logic write, “The concept of autonomously delivering products is slowly starting to become a reality.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 100