Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

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. But now with strategic sourcing and category management, the process has become much easier to track, monitor and control.

Procurement Analytics 100

Procurement Analytics Procurement Purchasing Skills Eliminating Excel in Purchasing 100

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

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

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

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

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

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 Game Changer

JANUARY 10, 2019

Pain Points – An Opportunity to Innovate and Expand! Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available.

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

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

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. In some cases — yes, organizations are changing their attitudes and becoming incredibly innovative in their restructuring of traditional business practices.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Enterra Insights

MAY 31, 2022

Unfortunately, notes Shawn Muma ( @smmuma ), Director of Supply Chain Innovation and Emerging Technologies at Digital Supply Chain Institute (DSCI), too many businesses have turned their focus inward instead of outward. The winning companies are those that correctly identify the problem to solve — the performance metric to improve.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Access the full course here! It is the era of digitalization.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

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. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Accelerating the shift. Image via StarAir.dk).

Price Reduction 177

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

Supply Chain Shaman

SEPTEMBER 10, 2020

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.) While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. Rising Complexity.

Supply Chain Planning Software 395

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

Supply Chain Shaman

MAY 21, 2013

Over the course of the last week, I have been working on healthcare research. We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. The focus has been on sourcing and managed costs.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

NC State SCRC

MARCH 22, 2019

.” This session captures the essence of what I believe is wrong with procurement’s relationship with sales. The goal of course is to get your sales person to capitulate, and give you a lower price, so that they can make less margin and quit ripping you off! In fact, it’s long overdue.

Negotiate Pricing 56

Negotiate Pricing Procurement Analytics Negotiating Skills Purchasing Skills 56

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

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

GlobalTranz

AUGUST 1, 2018

Even in blockchain, errors in data entry will result in continuous compounding negative effects and incorrect supply chain analytics insight. Blockchain propagates automation by providing a lengthy source of information and through analytics, consumers can track product movements in real time. GET YOUR FREE WHITE PAPER.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Pharmaceutical 121

Enterra Insights

SEPTEMBER 7, 2023

” Of course, it wasn’t all smooth sailing during the pandemic; however, agricultural products did continue to move around the globe. ”[6] • Leverage Alternative Sources of Protein. To successfully address these issues, we must innovate, collaborate and use every tool in our toolbox.”[7]

Food 130

Food Security Global Supply Chain Design Software 130

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

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

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively. .”[3]

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. Over the course of the last decade the remaining solutions struggled. The Promise of Innovation. There is ERP burnout and funds are tight.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

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

SCMDOJO

AUGUST 19, 2022

New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supply chain into more contemporary territory. They should be tight enough to stand the test of time and flexible enough to allow the integration of innovative solutions as technology advances.

Supply Chain Software 114

Supply Chain Software Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 114

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. It must be able to read multiple data sources and dynamically update those sources if required.

Supply Chain Planning Software 60

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

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.

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

Supply Chain Game Changer

JUNE 10, 2020

Side Note: we’re talking about pre- or post- COVID 19 of course). Deciding to eat at Luigi’s Italian Market, and negotiating billion-dollar contracts aren’t really in the same league of purchasing decisions. Utilizing improvised solutions is still the norm in many procurement organizations. Think I’m full of bologna?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Supply Chain Game Changer

FEBRUARY 12, 2019

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. That company grew organically and supported over 100 companies ranging from Fortune 100 companies to fast growing businesses building their first procurement function. The focus for our customers was efficiency, speed and scale.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Analytics Software Supply Chain Software 50

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Then came COVID-19.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

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

NOVEMBER 5, 2018

Hilary Milnes ( @hilarymilnes ) reports during the course of the NRF conference retail executives insisted “the only way to win [in the retail sector] is to tap into what customers want, and be able to respond to it.”[3] shoppers still prefer to make most of their purchases in-store.” Bad retail is dead.”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100