Kodiak Hub

DECEMBER 28, 2022

Procurement holds the currency of impact! The purpose of Procurement is ultimately to drive Top Line Value, leverage competitive strength, enable increased market traction, and to contribute to better products and smarter solutions - not just to buy or cut costs.

Currency 52

Currency Negotiating Skills Procurement Buyer Training 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

ivalua

JUNE 29, 2021

Modern businesses are now challenged to rethink traditional methods of paying suppliers globally via their ERP and look towards more digitized and seamless payments that are tightly connected to the procure-to-pay process. All within the same automated workflow, tightly linked to the invoice and procure-to-pay process.

Negotiate Pricing 130

Negotiate Pricing Optimal Sourcing Sourcing Strategies Negotiating Skills 130

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

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. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

BlueYonder

MARCH 7, 2025

Changes in demand, procurement strategies and distribution networks as well as possible changes in domestic production will be necessary to adapt to shifting economic conditions. Rebuilding the domestic market: To counter the effects of retaliatory tariffs, domestic markets will need to evolve.

Manufacturing Procurement 85

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Material Savings 85

Kinaxis

MAY 16, 2025

These could include measures like using currency hedging to mitigate exchange rate fluctuations, using predictive analytics to identify proper responses to trade policy shifts before they occur, evaluating and renegotiating contracts to include price adjustment clauses, and locking in contracts while exchange rates are advantageous.

Beverage 130

Beverage Price Reduction Canada Cost Reduction Strategies 130

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? . We expect procurement organizations will continue to enhance visibility, agility, and capability. .

Negotiating Skills 130

Negotiating Skills Negotiate Pricing Modeling Software Price Reduction 130

Clear Spider

OCTOBER 21, 2024

Currency Fluctuations: As inflation varies by region, currency fluctuations further complicate international trade. In supply chain management, as inflation makes everything more expensive, businesses struggle to have enough available capital for procurement. This limits a business’s ability to negotiate favorable contracts.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

ivalua

MAY 19, 2022

As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. By combining the high levels of procurement automation in the Ivalua platform with the payment efficiencies found in TransferMate, the result is dramatic.

Cost Reduction Strategies 130

Cost Reduction Strategies Rail Software Optimal Sourcing Sourcing Strategies 130

NC State SCRC

NOVEMBER 12, 2024

Procurement categories are a grouping of materials or services that have similar supply and usage characteristics to meet business objectives. The latter is typically an n-step process, starting with procurement-led analysis and ending with a preferred supplier contract.

Material Savings 59

Material Savings Sourcing Strategies Optimal Sourcing Price Reduction 59

Supply Chain Shaman

MAY 14, 2013

Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. In parallel, when supply chain concepts are well-integrated into the design of trading partner relationships by both sales and procurement, there is an acceleration of value. Aligning metrics matters.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

ivalua

OCTOBER 24, 2021

With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. By paying suppliers on-time, procurement teams can use payments to build strong, reliable, and performance-driven supply chains.

Cost Reduction Strategies 130

Cost Reduction Strategies Expense Reduction Price Reduction Optimal Sourcing 130

EC Sourcing Group

NOVEMBER 24, 2020

Using software in procurement management is an excellent way to help maximize proficiency and streamline your operations so that you not only increase production, you build better relationships with your suppliers, increase collaboration within your organization, and improve the entire supply chain process.

Analytics Software 52

Analytics Software Optimal Sourcing Supply Chain Software Procurement 52

Talking Logistics

JANUARY 5, 2014

Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. Use them to your advantage.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 220

Taulia

DECEMBER 17, 2024

The rate of change in technology has proved no less significant, with conversations around AI, virtual cards, and digital currencies developing at breakneck speed. Turning to the topic of payment innovation, I expect to see more businesses exploring the role that digital currencies can play in streamlining cross-border payments.

Material Savings 52

Material Savings Supply Chain Software Vendor Strategies Optimal Sourcing 52

Precoro

JUNE 2, 2025

Financial forecasting has gone from a 'nice-to-have' to a must-have for procurement and financial planning teams. Some of these elements mirror the ones you’ll find in a regular procurement or cost management process. The only difference? They focus on the future, not the past.

Forecasting 45

Forecasting Forecasting Software Expense Reduction Procurement Solutions 45

Logistics Bureau

JANUARY 16, 2025

Smart software procurement choices, in areas such as business intelligence, risk assessment, and data management, will allow you to make predictive models for supply and demand in times of local, national, or global uncertainty.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

Supply Chain Game Changer

SEPTEMBER 3, 2022

If somebody jumps from one currency to another with the hope of finding success but not focusing on the pattern of the study and the activities followed in Bitcoin. The currency system allows the people to uplift and, with complete authority, gives their concentration to express those views in cryptocurrency willingly.

Purchasing Skills 98

Purchasing Skills Currency Price Reduction Supply Chain Strategy 98

Manufacturing & Logistics IT

SEPTEMBER 18, 2019

Fourteen percent of UK businesses believe it will be difficult to break even this Christmas as a result of currency instability and Brexit uncertainty, according to a survey of supply chain managers by the Chartered Institute of Procurement & Supply (CIPS).

Currency 14

Currency Survey Procurement Supply and Demand 14

ivalua

OCTOBER 24, 2021

With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. By paying suppliers on-time, procurement teams can use payments to build strong, reliable, and performance-driven supply chains.

Cost Reduction Strategies 100

Cost Reduction Strategies Expense Reduction Price Reduction Optimal Sourcing 100

QAD

JULY 18, 2024

For example, it is common to incentivize procurement organizations to lower a product’s purchase price variance. This cost includes the per-unit price of the product itself, freight charges, taxes, import and export duties, insurance premiums, payment processing fees, currency exchange rates and other expenses.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

ToolsGroup

JANUARY 10, 2017

So whether you call it “automated planning”, “lights out planning”, “low touch or no touch planning” or even “driverless supply chain planning”, reducing human intervention is gaining currency. We call it “Powerfully Simple”, meaning that the software is highly intelligent and built to run in a more autonomous manner, yet simple for the user.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 120

EC Sourcing Group

MAY 3, 2022

As a procurement professional, you want to develop processes based on strategic sourcing and ensure proper supplier evaluation and selection. Multi-currency capabilities. Reverse auction strategies are a must-have in procurement—in most cases. Before starting the reverse bidding process. Compatible with Excel. Multilingual.

Material Savings 52

Material Savings Price Reduction Optimal Sourcing Waste Reduction 52

Supply Chain Game Changer

APRIL 29, 2022

Financial backers are prescribed to invest their effort and cash into the digital bitcoin currency since electronic cash has a high worth in exchanges. With the help of the limiting impact of the bitcoin and advanced currency market, people are getting progressively advantaged today. The State of Bitcoin.

Expense Reduction 96

Expense Reduction Cost Reduction Strategies Resource Reduction Currency 96

Talking Logistics

NOVEMBER 2, 2017

Is the foreign country’s currency stable? A complete understanding of the supply network means that procurement and customer service from each participant can now position itself as a strategic player in mitigating companies’ risk exposure. How much will it cost the manufacturer and distributor in the end?

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 124

Supply Chain Game Changer

JUNE 14, 2021

Talking about digital currency we hear a lot about Bitcoin and Ethereum. These two remain the popular choices when it comes to choosing digital currency. Both digital currencies are the same in different ways. Digital currencies are seen getting managed the best ways, and it can even be debated. Ethereum Basics.

Currency 59

Currency Supply Chain Network Software Supply Chain Software eBook 59

Logility

AUGUST 23, 2021

IBP enables all stakeholders to create a well-rounded plan by leveraging a multitude of collaborative, cross-functional processes and a blend of volumetric and financial data from sales, marketing, production, procurement, transportation, and finance.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 130

Supply Chain Game Changer

NOVEMBER 11, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Put simply, Blockchain began as the technology behind Bitcoin that allows the electronic currency to record transactions in a fool-proof way without a central entity (say, a central bank) keeping track of, and verifying, every transaction. Infographic).

Supply Chain Software 74

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 74

Talking Logistics

JUNE 19, 2018

Consolidation simplifies the customer relationship by having fewer partners (sometimes only one) but having the right partners, who may do everything from procurement and operations to IT and invoicing and payment. Moreover, currency conversion can affect the final tab. Source: GEODIS.

Optimal Sourcing 124

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 124

Supply Chain Game Changer

AUGUST 16, 2022

Before putting your energy and cash in the exchanging and trade stage, you are recommended to procure capacity with the standards and rules of the business stage. It doesn’t impact whether you are new to the mechanized currency market or an expert transporter. Why utilize a high-level money wallet?

Resource Reduction 111

Resource Reduction Expense Reduction Electronics Supply Chain Planning 111

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle. Unmanaged spend , on the other hand, happens outside of the procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

QAD

APRIL 5, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, and from shared services to real-time data and flexible data analytics, QAD’s Effective Enterprise Management capabilities ensure that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 98

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Procurement will play a key role in monitoring supply base conditions.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Matters

MARCH 15, 2024

billion, up 7 percent in both USD and constant currency. billion, up 25 percent in USD, up 24 percent in constant currency. billion, up 14 percent in both USD and constant currency. billion, up 18 percent in both USD and constant currency Q3 NetSuite Cloud ERP (SaaS) Revenue of $0.8

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Forecasting Software 52

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98