EC Sourcing Group

JANUARY 11, 2021

There are many different stops within that supply chain along the way, such as procurement and procurement management. Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. What is our sourcing strategy?

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

Resilinc

APRIL 8, 2024

Taiwan is the global leader in semiconductor manufacturing, producing over 60% of the world’s semiconductors and over 90% of the most advanced chips. The majority of advanced chips are made by the Taiwan Semiconductor Manufacturing Company (TSMC), which makes chips for Apple and Nvidia.

Taiwan 96

Taiwan Supply Chain Software Manufacturing Procurement Supply Chain 96

Resilinc

MARCH 26, 2024

In a typical scenario, a company reaches out to suppliers and begins talking to logistics and procurement after the typhoon strikes. This allows companies to see what is in demand, source alternative materials, and negotiate new contracts with suppliers at opportunistic price points. This is where CommodityWatch AI can help.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. The goal is to be able to trace individual parts to the exact site where they are manufactured. Picture this: a critical part of your product is only made in one factory in Taiwan.

Supply Chain Risk Management 111

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 111

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. The solution demos are weak, and the leadership vision is lacking. Reflection. The supply chain career is new.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Arena Solutions

MAY 22, 2023

From engineering, quality, and procurement to suppliers and contract manufacturers—everyone must work off the same design to ensure that the right parts get sourced, the proper assembly lines and tooling are in place, and the product meets customer expectations. There are many players involved in the product development process.

Supply Chain Design Software 78

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Modeling Software 78

Supply Chain Game Changer

NOVEMBER 7, 2019

The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). Source: Deloitte CPO Survey 2018. Digitization vs. Digitalization.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

EC Sourcing Group

SEPTEMBER 28, 2021

In the world of procurement management , one thing that’s a given is working with suppliers. You may be unfamiliar with the terms or are unsure how to procure strategic suppliers—or you want to learn how strategic suppliers fit in the procurement world. Sourcing and Procurement Techniques: What Makes a Supplier Strategic?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Software EC Sourcing 52

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. There are several undeniable benefits of hiring purchasing managers, as they immediately affect various procurement KPIs.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

EC Sourcing Group

JUNE 7, 2022

Everyone in the procurement and purchasing fields knows that sourcing is generally a process of getting the best product from top suppliers with good terms and price. When using advanced eSourcing tools, you’ll have a comprehensive eSourcing dashboard, a web-based, online platform where you’ll advertise sourcing needs.

Procurement Solutions 52

Procurement Solutions Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Construction Materials.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

Unleashed

DECEMBER 12, 2023

An intentional approach to bill of materials (BOM) management is essential for improving the efficiency of your manufacturing process. These components help manufacturers to effectively plan, source, and manage the production process. What is BOM management?

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Supply Chain Shaman

NOVEMBER 2, 2018

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. A supply chain visibility demo.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 167

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. Manufacture or refine these goods into basic components. Data gathering.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

EC Sourcing Group

JULY 7, 2020

If you work in procurement or the purchasing department, you’re already aware of how it works. it is roughly the same as a normal procurement process, except the procurement is performed on a digital basis. . This type of software is a small but very imperative part of the overall Sourcing process. invitation to tender.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Supply Chain Software Procurement Analytics 52

ThroughPut

APRIL 2, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines. Inventory control.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

crisp

DECEMBER 15, 2021

A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data. Identifying information sources and how you’re going to use them will help you capture data correctly. .

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

EC Sourcing Group

OCTOBER 27, 2020

In all stages of the procurement process, there are risks. There is the supply chain in the overall big picture, of which procurement is involved. Suppose you think about the main purposes of procurement. Statistically speaking, there will be much more than one risk within the supply chain and procurement process.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Risk Management 52

Supply Chain Game Changer

JULY 21, 2021

It encompasses all of the supply chain costs associated with your products such as sourcing, producing, transporting, storing (etc). Procurement Cost. Procurement is incredibly important for a company since it helps them to make key purchasing decisions that directly affect a company’s bottom line.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Requis

MARCH 10, 2020

Paul Hawken’s 1993 book “ The Ecology of Commerce ” has many more examples (mostly from Europe) of companies that use waste products from other industries as cheaper alternatives to raw materials and even energy sourcing. For example, agriculture can use waste heat from manufacturing to keep greenhouses warm and productive.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

Locus

JUNE 3, 2022

Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Manufacturing : An essential aspect of sustainable supply chain manufacturing is monitoring energy consumption as a function of production volume. Ethical sourcing of goods. Schedule Demo.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

EC Sourcing Group

FEBRUARY 18, 2019

Should you invest time in a demo if you are considering a new procurement tool or platform? Purchasing needs can vary dramatically among business units Spend categories are rarely uniform in importance for departments like IT, MRO, HR, Manufacturing etc. What are the pros and cons of demos? Back to my original question.

Procurement Solutions 45

Procurement Solutions Manufacturing Procurement Tools Waste Reduction 45

Precoro

AUGUST 15, 2022

ERP or enterprise resource planning is software companies use to automate core business processes and integrate their functions, such as accounting, project management, procurement, and supply chain operations, into a single system. These systems are hard to use , which makes the procurement process overcomplicated and inefficient.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules. How Does Just-In-Time (JIT) Work?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Talking Logistics

APRIL 21, 2017

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Source: Amazon patent. I haven’t seen a demo of the solution, so I can’t comment on its functionality.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0

Unleashed

DECEMBER 10, 2023

An enterprise resource planning (ERP) system is a software solution that integrates and manages various parts of your business, such as sales, finance, marketing, planning, human resources, and procurement. They also provide dashboards for analysing and reporting data in the form of charts and graphs. ERP vs OMS: Which is right for me?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

Arkieva

JULY 25, 2016

While demand seems to be on an uptick for manufacturers especially in the consumer goods industry, an increase in online shopping could also lead to a scarcity in the availability of distribution centers in the near future. Source: Multichannel Merchant. Source: Supply Chain Digest. Source: Journal of Supply Chain Management.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

Unleashed

NOVEMBER 26, 2023

Greg recognised that the wholesale, distribution, and manufacturing sector was in desperate need of more streamlined process management when it came to supply, production, inventory, and sales. It acts as a central source of information for each link in the supply chain – aiding the humans behind those links.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

synchrono

JANUARY 8, 2018

Many manufacturers saw it as a way to reduce inventory levels and costs. For the supplier, VMI was a win, too, because it allowed them to lock in the manufacturer’s business. But VMI came with inherent risks to both the manufacturer and the supplier. Demand-Driven Manufacturing Technology Makes VMI Easier.

Vendor Strategies 75

Vendor Strategies Inventory Reduction Inventory Manufacturing Procurement 75

My Office Apps

MARCH 23, 2023

This software is essential to integrating and automating various financial and operational business functions, offering users a single source of data. Contact us to schedule a demo or learn more about how Kechie ERP Software can help streamline your business processes. The post Cloud-based ERP Software: What Is It and How It Works?

Supply Chain Planning Software 71

Supply Chain Planning Software Inventory Management Software Supply Chain Network Software Optimization Software 71

ThroughPut

DECEMBER 4, 2022

Sustainability initiatives and environmental concerns : Concerns around environmental degradation and achieving long term sustainability have brought forth the added expectation of dealing with sourcing and management of products in a manner that does not harm the environment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

RFgen

JUNE 8, 2023

After all, if products are not properly traced, accounted for, and utilized, there are far-reaching effects across the product life cycle, from procurement to delivery. devices, and more—providing a single source of truth. Meanwhile, industrial manufacturers may want shop floor data collection.

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

Claritum

JULY 5, 2018

Claritum Article - Procurement Blog. If you can measure it then you can manage it” This statement is so true in the procurement field. The supply chain may contain components of raw materials, manufacturers, wholesalers, distributors, resellers, agents, logistics, retailers and many other entities. Introduction. Conclusion.

Analytics Software 36

Analytics Software Procurement Analytics Predictive Analytics Software Procurement Solutions 36