Requis

AUGUST 2, 2023

Leverage our API and App Store to banish data silos. Requis recognizes the importance of building a platform that easily connects with your existing technology solutions.

Supplier Management 52

Supplier Management Optimal Sourcing Procurement Supply Chain Software 52

Precoro

SEPTEMBER 29, 2022

Statistics show that 57% of companies consider their supplier management to be a competitive advantage. This is no surprise: supply chain management is essential to your business efficiency, as many operations depend on it. Note: In this article, we use the "supplier onboarding" term as interchangeable with "vendor onboarding."

Supplier Management 98

Supplier Management Negotiating Skills Purchasing Skills Buyer Training 98

Jaggaer

MARCH 2, 2020

Incidents involving tier 1 suppliers fell below 50% for the first time since 2016 (48.9%). Cyber-attack and data breach (26.1%). This is an issue we discuss at some length in our recently published white paper, Holistic Supplier Management: Orchestrating the Procurement Function for Maximum Benefit.

Supplier Management 103

Supplier Management Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 103

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Segment your suppliers.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

EC Sourcing Group

NOVEMBER 16, 2021

So if you’re wondering, “What is supply chain management and why it is important?,” it’s imperative to manage every link in the supply chain, particularly your supplier relationships. Supply Chain Management Cloud Software: Long-Term Relationships. Supply Chain Management Cloud Software: Vendor Management Portal.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

Supply Chain Game Changer

JANUARY 21, 2021

Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Is Procurement drowning in data? Data is the #1 global commodity. Of course not.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

crisp

NOVEMBER 2, 2023

Through the partnership, CPG brands can leverage the latest retail data to minimize deductions and improve supply chain performance. Deductions are a persistent challenge for CPG brands that can eat away at profits and hurt the retailer-supplier relationship. To learn more, visit [link] or contact Crisp for a demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Analytics Software Optimization Software 52

ivalua

FEBRUARY 10, 2023

S2P and Mitigating Effects of Inflation One way of mitigating these effects is through S2P solutions – providing visibility into a company’s spend data across all categories of spend and help identify opportunities for cost savings through better supplier management techniques.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

HICX Solutions

MAY 23, 2019

Here at HICX we are championing the importance and value of evolved supplier management. Evolved supplier management focuses on moving beyond mere strategic sourcing and category management, and instead encouraging organisations to think differently about how they work with their suppliers.

Supplier Management 40

Supplier Management Sourcing Strategies Resource Reduction Quality 40

ivalua

NOVEMBER 5, 2015

Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up.

Cost Reduction Strategies 100

Cost Reduction Strategies Supplier Management Negotiating Skills Sourcing Strategies 100

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it! Processing big data.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

SCMDOJO

JULY 28, 2022

Suppliers must meet standards set by the customer or the customer’s industry and often must manage adherence to standards throughout the relationship. Registration is the first step in supplier management. It requires a standard list of information from any supplier wishing to provide goods or services.

Negotiate Pricing 108

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 108

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. This is not easy given the current volatility in supply markets.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

Supply Chain Brain

MAY 6, 2021

Basware, a procure-to-pay and e-invoicing solution, has added diversity data to its Supplier Management solution, allowing customers to identify minority-owned and small business suppliers within their base.

Supplier Management 75

Supplier Management Data Procurement 75

ivalua

SEPTEMBER 22, 2022

Build a Solid Data Foundation. The success of any transparency strategy relies heavily on building a solid data foundation, particularly when it comes to suppliers. Ensure 360-Degree Supplier Visibility. You must understand who you are purchasing, or could purchase from, and all relevant details about that supplier.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. Data forms a vital component to the management of these relationships, as Richard clarifies, “The key thing with data is, there’s a cycle.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

Jaggaer

NOVEMBER 12, 2019

The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy. In the worst-case scenarios, this can lead to arguments about whose data is the “truth”. Another disadvantage is that suppliers see little or no value.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Network Software Supply Chain Planning Software Optimal Sourcing 78

Supply Chain Shaman

MAY 15, 2020

In my prior articles, I have written extensively on the need for outside-in demand sensing processes based on market consumption data. I have also written about the need for supplier development programs and building robust supply chain capabilities in value networks. (I We need to align the supply chain to market data.

Supply Chain Planning Software 494

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Planning 494

ivalua

JANUARY 8, 2023

One way procurement organizations can leverage technology to comply with the German Supply Chain Act is to leverage supplier management software. These tools are made to automate the processes that conduct due diligence and risk assessment, creating a more efficient way to manage the supply chain.

Supply Chain Design Software 244

Supply Chain Design Software Optimal Sourcing Supply Chain Software Procurement 244

QAD

JUNE 29, 2021

Those procurement leaders with forward-thinking supplier management strategies that utilize digital technology fared better than others, according to QAD’s Brent Dawkins in his article , “3 Ways Procurement Benefits from Digital Transformation” in Manufacturing.net. For too many enterprises, obstacles to digital transformation persist.

Optimal Sourcing 94

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Prescriptive Analytics Software 94

ivalua

MAY 18, 2022

In fact, a recent study from Forrester Consulting commissioned by Ivalua identified only 13% of businesses as leaders when it comes to supplier management, defined by Forrester as having formal programs that are broadly applied across the supply base. Business leaders must adopt a new, holistic approach to supplier management.

Supplier Management 130

Supplier Management Supply Chain Planning Software Negotiating Skills Optimal Sourcing 130

ivalua

JANUARY 31, 2022

. #5 Procurement Increasing Its Focus on and Use of Data. The average procurement department’s overall data aptitude is increasing, but most organizations classify themselves as novices and only occasionally use data to drive actual strategies. The US saw a record 4 million resignations in November 2021.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. Data forms a vital component to the management of these relationships, as Richard clarifies, “The key thing with data is, there’s a cycle.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. In this conversation, Cyrille Naux discusses: The business objectives behind Chassis Brakes’ supplier consolidation exercises.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Manufacturing Procurement 173

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Planning Software Optimal Sourcing 173

ivalua

JULY 14, 2022

Technology Advantage: 76% of manufacturing procurement leaders use supplier management software to optimize supplier relationships. Geographical Disruptions: According to the survey, managing geographical disruptions to the supply chain has been a significant challenge.

Manufacturing Procurement 244

Manufacturing Procurement Optimal Sourcing Supply Chain Disruption Supply Chain Planning Software 244

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

EC Sourcing Group

MAY 17, 2023

By classifying goods and services into logical groups, procurement professionals can streamline the eSourcing process, facilitating easier identification and comparison of suppliers, negotiating favorable contracts, and expediting the sourcing cycle.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

Taulia

FEBRUARY 27, 2024

Key digital supply chain features Virtually all aspects of supply chain management can be digitalized. That said, there are three areas that are most often prioritized in digitalization projects: supplier management, inventory management, and the accounts payable/receivable functions.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52

ivalua

DECEMBER 11, 2020

Jorge Pont Director, Commodity Management – Memory, CPU/GPU/OEM H/W, Google Cloud. Jorge and his team work with the Google data center platforms engineering teams selecting. memory and processor technology and suppliers. He manages the memory and processor. management of quality, cost, and supply. processors.

Negotiating Skills 130

Negotiating Skills Supplier Management Supply Chain Software Procurement 130

QAD

JANUARY 24, 2023

Are your processes and technology prepared to collect the necessary information from suppliers and effectively share with the appropriate regulatory agencies? The right cloud-based software solution provider should be able to seamlessly integrate with existing ERPs, regardless if the manufacturer or the supplier is cloud-based or on-premise.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

ivalua

NOVEMBER 26, 2020

Organizations must team with their Tier 1 suppliers to understand suppliers deeper within the supply chain and collect key data points on them. Diversify the supply base – While this recommendation still holds, the advice to manage the supply base like a portfolio seems a little naïve and simplistic after the events of 2020.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

QAD

JULY 21, 2022

QAD offers three specific capabilities to mitigate the bullwhip effect and achieve supply chain success: Integrated Supplier Management, Customer Management and Connected Supply Chain Management. Integrated Supplier Management. They also provide the means for managing inbound logistics.

Price Reduction 95

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 95

ivalua

AUGUST 29, 2019

In fact, our latest report of UK businesses, conducted with Vanson Bourne, found that two-thirds (66 per cent) of businesses are still reliant on paper-based, manual processes as part of their Procurement or supplier management function.

Optimal Sourcing 154

Optimal Sourcing Negotiating Skills Procurement Analytics Software 154

Supply Chain Brain

MAY 4, 2023

A company’s supply chain represents up to two-thirds of its ESG footprint, so procurement teams should focus on data visibility and flexibility in their supplier management processes, to prepare for coming regulations.

Company 52

Company Supplier Management Procurement Supply Chain 52

QAD

JULY 13, 2021

As our conversation continued, we focused on the following topics as prime candidates for some of her team’s next steps: Support Long-term Supplier Relationships. Suppliers can better mitigate any issues and maintain focus where efforts are working well. Gain Efficiencies with Automation.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98