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 cleanup.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

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 Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 130

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 Game Changer

AUGUST 16, 2022

7 Strategies to Increase Bitcoin Trading Profit! 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. Email Address.

Resource Reduction 109

Resource Reduction Expense Reduction Electronics Supply Chain Planning 109

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

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. CFO top three concerns focused on inflationary cost implications, labor quality and availability, and ongoing supply chain strategies.

Predictive Analytics Software 98

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

Supply Chain Matters

SEPTEMBER 13, 2023

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. 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.

Price Reduction 59

Price Reduction Waste Reduction Cost Reduction Strategies Supply Chain Strategy 59

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

Supply Chain Matters

AUGUST 10, 2023

The implication of this added data is reinforcement that businesses and their associated materials sourcing and supply chain strategy teams need to have a keen eye on these macroeconomic forces and economic headwinds that are occurring. Our takeaway is that businesses now have to have a regional based supply and demand network perspective.

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 70

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

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 101

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

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

Material Handling & Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. 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

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. 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.

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 130

Talking Logistics

FEBRUARY 9, 2016

dollar rises against foreign currencies, U.S. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. But it all starts with truly understanding your business, budgeting, and creating a solution that is in line with your purchasing strategies. imports and exports.

Panama 100

Panama Supply Chain Planning Scenario Planning Price Reduction 100

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

Jaggaer

JULY 23, 2019

The “fast fashion trend”, which means that collections are distributed in shorter, and shorter periods of time, has transformed the procurement function. The procurement function also manages supplier relations, negotiations, competitive intelligence and key performance indicators. Digital transformation of procurement in fashion.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

Supply Chain View from the Field

OCTOBER 3, 2013

Then the evaluation of the supplier must be documented, and linked presumably to a category strategy (although not in all cases…). That is a whole process during the procure to pay process called reconciliation. Then you have to write a contract – pricing, volume, and then collect that information.

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

Supply Chain Shaman

OCTOBER 8, 2019

I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 183

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

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 254

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

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

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

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. The beauty of this strategy is that if we have five new launches, we have scalable leverage.

Supply Chain Design Software 60

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

Unleashed

NOVEMBER 27, 2019

Since then, we have embarked on an aggressive growth strategy. We now use Unleashed to completely manage our business, from sourcing and procurement of raw materials locally and from overseas using multiple currencies, to creating assemblies, managing stock, creating orders for customers and to emailing invoices for completed transactions.

Price Reduction 75

Price Reduction Material Savings Sourcing Strategies Procurement Solutions 75

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. And the first step is asking “What are the risks?”

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

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

MIT Supply Chain

NOVEMBER 6, 2014

In the maritime example I cited above, the lack of a centralized management strategy for our nation’s port system puts us at a competitive disadvantage. There are many other areas where a centralized strategy is needed. But like it or not, large-scale management challenges often require large-scale government.

Government 58

Government Resource Reduction Inventory Reduction Waste Reduction 58

Talking Logistics

JANUARY 4, 2016

Natural disasters, 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. whenever you’re discussing supply chain strategy or decisions. more often.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

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

Material Handling & Logistics

AUGUST 16, 2017

Cheng Wei, Honeywell’s EPC (engineer, procure and construct) export sales leader in China, spoke to MH&L about their involvement in the project. Honeywell is well-positioned to support OBOR through its China growth strategy and portfolio,” Wei explains. Of course, there are other issues, such as currency devaluation,” he adds.

China 73

China Logistics Network Optimization Software Global Logistics 73

ThroughPut

JANUARY 23, 2020

Because supply chain managers deal with heterogeneous purchasing, procurement and logistics across global supply chains, they tend to have more complex business processes than out-of-the-box traditional software can handle.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

ThroughPut

JANUARY 23, 2020

Because supply chain managers deal with heterogeneous purchasing, procurement and logistics across global supply chains, they tend to have more complex business processes than out-of-the-box traditional software can handle.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Predictive Analytics Software 52

CH Robinson Transportfolio

JANUARY 8, 2016

dollar rises against foreign currencies, U.S. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. But it all starts with truly understanding your business, budgeting, and creating a solution that is in line with your purchasing strategies. imports and exports.

Supply Chain Planning 34

Supply Chain Planning Panama Scenario Planning Price Reduction 34

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

EC Sourcing Group

OCTOBER 11, 2022

Read on to learn more about the state of reverse auctions in 2023, the benefits, and tips on using a reverse auction bidding strategy. This is partly because a buyer’s strategy is focused on much more than price and considers other benefits a supplier may offer. . The Current State of Reverse Bidding. The Future of Reverse Bidding.

Modeling Software 52

Modeling Software Predictive Analytics Software Negotiate Pricing Negotiating Skills 52

Resilinc

APRIL 1, 2024

Discover the tools procurement pros and resiliency program managers use to take on the most complex supply chains. How many countries does it take to make an iPhone? As companies have focused on making supply chains leaner over the years, supply chains have spread out across the globe in an efficient and cost-effective network.

Supply Chain Software 105

Supply Chain Software Analytics Software Supply Chain Network Software Tools 105

SupplyOn

NOVEMBER 11, 2019

Experts like Airbus representative Veronique Canceill, HO of Digital and Business Capabilities – Procurement, and SupplyOn CEO Markus Quicken emphasized that digital transformation as an enabler for a changing business environment is crucial for companies to survive. Game-changing transformation.

Aerospace 8

Aerospace Industrial Industry Predictive Analytics Software 8