ivalua

OCTOBER 24, 2021

This strategic relationship strengthens the payments capabilities released by Ivalua earlier in the year, ensuring a seamless source-to-pay journey for customers and enabling frictionless international payments for all suppliers, regardless of where they are located.

Cost Reduction Strategies 100

Cost Reduction Strategies Expense Reduction Price Reduction Optimal Sourcing 100

EC Sourcing Group

SEPTEMBER 7, 2021

The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management. You’re using all the same currency. Read on to learn how. Data aggregation.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

Claritum

MAY 11, 2018

Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Find out more.

Supply Chain Software 32

Supply Chain Software Sourcing Global Waste Reduction 32

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Procurement teams know that their brands are now in the spotlight.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

JULY 5, 2022

The process of spend analysis has specific goals of efficiency and saving money by increasing visibility into spend, which can decrease overall procurement costs. is vital to procurement and the supply chain. They can help automate your process and streamline procurement and eSourcing. Some include: Licensed software.

Analysis 52

Analysis Analytics Software Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Matters

JANUARY 24, 2024

For the SAP S/4 HANA Cloud segment, total backlog was reported as €5 billion, up 61 percent in constant currencies. billion at constant currencies, an increase of between 24 percent to 27 percent, compared to €13.7 billion at constant currencies in 2023. billion at constant currencies in 2023. billion to €7.9

SAP 52

SAP Report Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Matters

JANUARY 3, 2024

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Logility

AUGUST 23, 2021

Success in this area requires the ability to fulfill market demand through dynamic sourcing, flexible production and manufacturing plans, low distribution costs, and short lead times. The goal of supply optimization is minimizing total supply costs while meeting demand requirements.

Supply Chain Software 130

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

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Inside the modern enterprise, a variety of groups use supplier master data, including not just Procurement, but also: . Operations.

Optimal Sourcing 130

Optimal Sourcing Data Management Procurement Vendor Strategies 130

Supply Chain Matters

AUGUST 10, 2023

A further factor are ongoing efforts by manufacturers and retailers in initiating less reliance in termed China Plus materials and production sourcing alternatives. Such actions are likely to potentially further dampen demand levels for Chinese manufacturers in the coming months.

China 52

China Manufacturing Procurement Material Savings Sourcing Strategies 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

EC Sourcing Group

JULY 27, 2021

5 Tips for Your Procurement Spend Analysis. Running regular procurement spend analysis reports can be helpful when cutting costs and seeing exactly where spend is going. Reports should be an integral part of your software suite, and you should have a procurement spend analysis dashboard readily available. Clean the data.

Optimal Sourcing 52

Optimal Sourcing Analysis Procurement Analytics Software 52

Talking Logistics

NOVEMBER 2, 2017

Is it possible these things have impacted the sourcing, manufacturing, and delivery of my cologne? Is the foreign country’s currency stable? Things like the multi-nationalism versus globalization trends in recent political policies or terrorist activities come to mind. How much will it cost the manufacturer and distributor in the end?

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 101

Supply Chain Matters

JANUARY 6, 2023

The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures. Business Sentiment.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

EC Sourcing Group

JUNE 15, 2021

What is the Procurement Spend Analysis Process ? Spend analysis is one of the most important pieces of procurement management. The Procurement Spend Analysis Process : What Is Spend Analysis? The basic principles of the procurement spend analysis process answers a series of questions. Keep procurement records.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Analysis 52

EC Sourcing Group

MAY 11, 2021

How to Customize Your Procurement Spend Analysis Dashboard. One of the most important functions in procurement management is the procurement spend analysis process. Having a procurement spend analysis dashboard as part of your procurement software suite is vital because this will be part of the command center.

Analysis 52

Analysis Optimal Sourcing Procurement EC Sourcing 52

Supply Chain Matters

SEPTEMBER 13, 2023

However, there are price hikes involving certain model iPhone 15 phones sold in China , India and Japan to reportedly offset currency value changes related to the U.S. Pricing Strategy Relative to overall pricing business and industry media reports note that this year, Apple has avoided across the board price hikes in the U.S.

Price Reduction 59

Price Reduction Waste Reduction Cost Reduction Strategies Supply Chain Strategy 59

Supply Chain View from the Field

OCTOBER 3, 2013

In sourcing, data must be tracked over the entire life of a supplier. That is a whole process during the procure to pay process called reconciliation. We recently had a senior data analytics professional from a large financial services organization speak in my MBA Supply Chain relationships class.

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

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

Taulia

JULY 11, 2018

The native currency strengthens Another, less obvious, effect of high interest rates is that they will typically strengthen the native currency of the country raising them. Cost of goods – This may have implications when it comes to planning ahead on the procurement side.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Purchasing Skills Currency 52

ivalua

JUNE 1, 2022

Although Amrest utilizes a sourcing process, the liquidity gap blocks past analyses and data. . 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. . Part of the Solution. How can Amrest start this journey?

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 130

Material Handling & Logistics

DECEMBER 14, 2018

It arrives from an array of sources, and it is presented in a variety of formats. The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Supply Chain View from the Field

SEPTEMBER 6, 2014

Traditional methods of supplier risk mitigation involve diversifying risk, multiple sourcing, or switching suppliers, which are not effective in situations where entire regions, industry segments, or supply chains are experiencing financial distress. This may be well worth the time, and avoid a lot of potential problems in the long run.

BRIC 74

BRIC Brazil Argentina North America 74

Supply Chain Shaman

MAY 14, 2013

Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. Industries that have formed cross-functional leadership teams combining source, make and deliver together have made the fastest progress. We look for year-over-year improvement.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Supply Chain View from the Field

APRIL 19, 2013

Gerard Chick and I had a good chat over skype this morning, and we both started jotting down a few facts… Banks are buying up gold and moving currency out since 2009. Gerard talks about managing the tail – the stuff you have to do that is the normal procurement stuff that has to get done.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Cost Reduction Strategies 74

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. With globalization, the need to partner with local logistics service providers becomes an imperative.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

Supply Chain View from the Field

APRIL 10, 2013

Spend Matters has grown to be a big part of the procurement landscape. The premise of his discussion at Coupa was around volatility, and the need for procurement transformation to stop and take a look at itself, and understand how becoming influential is becoming a bigger imperative. Look where it is today!

Conference 60

Conference San Francisco Modeling Software Supply Chain Network Software 60

Supply Chain Matters

OCTOBER 5, 2022

Noted was that 90 developing countries have seen their currencies weaken against the high U.S. UNCTAD Secretary General Rebeca Grynspan indicated that there is still time to step back from the edge of recession by moderating continued global-wide interest rate hikes that are edging developing countries closer to debt default.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

EC Sourcing Group

MARCH 16, 2021

Running spend analysis reports is a must in procurement, otherwise, you’ll never gain proper ROI without knowing where your funds are going and how they are being spent. If your company struggles determining spend or prioritizing sourcing events, it may make sense to use spend analysis technology as well. . Procurement suites.

Analysis 52

Analysis Optimization Software Optimal Sourcing EC Sourcing 52

Proxima

JULY 19, 2019

Procurement must emerge from the shadows as a key business enabler. Procurement as we know it, is dead. However, a new breed of procurement is emerging as organisations seek to be faster, more innovative and, above all, more agile. But many procurement approaches are still fairly traditional.”. Importance of suppliers.

Optimal Sourcing 40

Optimal Sourcing Procurement Sourcing Strategies Price Reduction 40

Supply Chain Shaman

OCTOBER 8, 2019

Most budgets are completed in currency at a brand level. Most can only measure functional costs—transportation, manufacturing, and procurement. Supply chain management requires good data at the mix level of an item/location. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets.

Supply Chain Design Software 183

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

EC Sourcing Group

FEBRUARY 23, 2021

Running spend analysis reports is a very necessary part of procurement, particularly if you want to look for opportunities to improve your spend under management and find new categories to source. View spend by sourcing categories (versus accounting categories). Allow for data-driven strategic sourcing.

Analysis 52

Analysis Software EC Sourcing Optimal Sourcing 52

Supply Chain View from the Field

FEBRUARY 25, 2015

Supply chain has a big focus on the currency of today’s theories being implemented here. ” In 2009, I moved into the supply chain area, and worked with Rob in understanding how to apply analytics with a procurement focus. We built our muscle on supplier management and business cooperation, contract negotiation and sourcing.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Design Negotiating Skills Price Reduction 60

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