EC Sourcing Group

APRIL 6, 2023

However, many of these same organizations fail to consider the impact that unconscious bias can have on their procurement process. Unconscious bias refers to the attitudes or stereotypes that affect our decisions and actions without us even realizing it. Various types of unconscious bias can occur within procurement.

Vendor Strategies 52

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SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 113

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ivalua

APRIL 23, 2020

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The May 5 th programme is open to everyone, while the 6 th is limited to current Ivalua customers. .

Supply Chain Planning Software 46

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Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

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NC State SCRC

OCTOBER 21, 2016

I had the opportunity to attend a number of exciting events on procurement analytics in the last month. First, I attended a CAPS Research event in RTP on Procurement Analytics, held right down the road at IBM headquarters. Next, I attended a second CAPS Research Roundtable held in Tempe, AZ. What is emerging is certainly impressive.

Analytics Software 40

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Talking Logistics

MAY 15, 2013

Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement.

Supply Chain Network Software 141

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Precoro

JANUARY 30, 2023

How a PO System Can Improve the Procurement Process Eliminates Human Error Manual document processing can lead to mistakes at any moment, from misplacing or losing a purchase order to forgetting to send it for approval or to the vendor. Precoro offers a 14-day free trial , or you can book a free demo to see it in action.

Procurement Solutions 52

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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. . eSourcing is part of the supply chain, and eSourcing is part of E-procurement. . pre-purchase questionnaire.

Manufacturing Procurement 52

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My Office Apps

AUGUST 22, 2022

It is without a doubt that Covid-19 presented obstacles and challenges to the business world, obstacles that are still being dealt with by different companies, especially when it comes to supply and demand. Contact us today to schedule a demo or learn more about how Kechie from My Office Apps can redefine your Inventory Management process.

Inventory Management Software 52

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Supply Chain View from the Field

SEPTEMBER 16, 2014

I was amazed at the speed and convenience of the technical solutions emerging in the procurement area, based on the discussions I had with the individuals present. Chris Hahn from Coupa did a demo for me, showing me the ease with which Coupa software allows Accounts Payable and Sourcing groups to access all of their data online.

Phoenix 84

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Arena Solutions

SEPTEMBER 26, 2023

Here are key takeaways from Mike’s presentation. operations, quality, procurement), contract manufacturers, and suppliers in design reviews and gather their input early on. To hear Mike Halladay talk more about connected CAD and PLM and see a demo of the Onshape-Arena Connection, watch our on-demand webinar.

Supply Chain Design Software 84

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EC Sourcing Group

JULY 29, 2021

eSourcing technology has certainly come a long way, but everyone’s procurement process is slightly different, and you may find there is no one-size-fits-all solution out there —at least so far. Even if these are features you don’t think you need, in most situations, they will help with your supply chain and procurement flow.

Procurement Solutions 52

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ThroughPut

DECEMBER 4, 2022

This presents the challenge of selling them before their expiry periods to avoid unnecessary wastage. When demand is accurately predicted, procurement of goods and services becomes a precise activity, eliminating the need for re-evaluation and repetitive re-ordering.

Inventory Reduction 52

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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. Procurement needs to have real time data on the entire supply chain. . Introduction. The Challenge of Tail Spend. An approach to Tail Spend Analytics. Benefits of better Analytics. Conclusion.

Analytics Software 36

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Precoro

OCTOBER 25, 2021

Jeremy Beauchamp , operations manager at Bright Peak Therapeutics, has kindly agreed to share his team’s experience setting up a procurement management process from scratch using Precoro. Bright Peak’s Procurement Background. As a new start-up, Bright Peak didn’t have a procurement system in place.

Optimal Sourcing 98

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Precoro

NOVEMBER 20, 2023

At present, Opna Bio SA comprises two small Research and Development companies, one in Lausanne, Switzerland and one in South San Francisco, USA. Cervino provided us with insights into how Opna Bio SA’s team chose the right system and how it impacted their procurement process. Thus, the onboarding process began.

Procurement Solutions 52

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Exiger Perspectives

APRIL 3, 2023

A proven supply chain risk management framework, like Exiger’s TPRM and SCRM framework , enables compliance teams, corporations and governments to identify, assess and respond to third-party service providers, supplier risks and other involved procurement risks throughout their supply chain lifecycle. Connect with Exiger and get a free demo.

Supply Chain Risk Management 52

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QAD

MARCH 12, 2019

We will start off the week with the Automotive Kickoff Session with Tom Roberts, QAD’s Vice President of Business Development, following Tuesday morning presentations from keynote speaker Bob Moesta and QAD executives. Procure to Pay – A Day in the Life. Key Attractions in New Orleans. See You Along the Journey!

Automotive 109

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ThroughPut

OCTOBER 16, 2022

Inventory optimization aims at arriving at the right amount of inventory that is sufficient to meet present and future forecasted demand. Many managers use an annual inventory budget which is usually prepared well in advance before the inventory is procured. Key Pillars of Supply Chain Inventory Optimization.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Locus

JUNE 3, 2022

Decarbonization, which means reducing the amount of carbon in greenhouse gas emissions, can help in improving our present condition. In the case of manufacturers, it means procuring green and sustainable raw materials. Try a demo with Locus to achieve sustainability for your logistics. Schedule Demo.

Negotiating Skills 52

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ThroughPut

JANUARY 29, 2021

Connect the dots between past, present, and future. Eliminate operational waste by calculating procurement vs. wastage. To learn more about ThroughPut Demand Sensing, schedule a demo here. The Demand Sensing Module addresses this collaborative need through its salient features: 1.

Supply and Demand 52

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My Office Apps

JULY 22, 2021

Medical ERP systems can communicate with other modules that oversee accounting, finance, procurement, and other parts of the business to help provide critical data necessary to get a complete understanding of the state of the company. The features discussed above are all present in Kechie out of the box, allowing medical businesses to: .

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

Shipchain

OCTOBER 10, 2019

Additionally, CH Robinson reports that interruptions within the supply chain and inabilities to manage data continue to present challenges in achieving supply chain visibility. If you’d like to learn more about our blockchain-based solution to increase supply chain visibility, request a demo from us today.

Supply Chain Visibility 48

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Precoro

NOVEMBER 29, 2023

Continue reading to explore this feature and learn how you can leverage it to enhance your procurement efficiency. If you haven’t automated your purchasing process yet, start a 14-day free trial today or schedule a personalized demo for a hands-on presentation to see if Precoro is a good fit for your business.

Procurement Solutions 105

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Precoro

DECEMBER 5, 2022

An ERP system may help you optimize procurement processes in different ways, e.g., automate payments, improve sourcing and supplier relationship management, and will give you insights into inventory and business expenditures, which are beneficial for future purchase planning.

Supply Chain Planning Software 52

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Intelligent Audit

AUGUST 25, 2022

A freight spend analysis should cover procurement costs and utilize technology to collect transportation data. In addition, detecting anomalies often presents ways to reduce costs or prevent unnecessary spending. In addition, the retailer wanted more information to understand options and present findings to decision-makers.

Real-time Visibility 52

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Precoro

JULY 9, 2023

While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach. The typical procurement process looks something like this: a person within a company needs a particular item. What is a purchase order?

Procurement Solutions 98

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ThroughPut

MARCH 25, 2024

On the other hand, demand planning turns these forecasts into actionable plans, considering aspects like inventory levels, production schedules, and procurement. Similar to previous approaches, artificial intelligence (AI) software can assist in collecting and analyzing relevant data and presenting it in a comprehensive report.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

EC Sourcing Group

FEBRUARY 14, 2022

This type of auction has a global reach and is not limited to those present. If you’re interested in hearing more about reverse auction software or would like to schedule a demo, contact Simfoni eSourcing today at 973-936-9672. We want to help you reimagine the way you think about procurement.

Analytics Software 52

Analytics Software Software Price Reduction Cost Reduction Strategies 52

EC Sourcing Group

JANUARY 21, 2020

What if key decision makers from procurement, finance and operations could meet in a room or in a Zoom meeting and run 15, 20 or 25 scenarios in an hour? They instantly understood the benefit of the tool, but this is such a paradigm shift that they asked to see a demo to fully appreciate it. See if this sounds familiar.

Optimal Sourcing 52

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Precoro

AUGUST 9, 2022

Andrew Jefferson, COO at Ridgeline, and Isabel Göller, Finance Manager, were kind enough to share their experience optimizing the purchasing process using the Precoro procurement solution. Thanks to Andrew and Isabel, we gathered valuable information on how procurement automation can improve purchasing workflow and employee productivity.

Procurement Solutions 52

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Arkieva

JANUARY 13, 2017

What are the key elements of a sourcing and procurement process plan? Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan. The typical sourcing and procurement process plan involves a series of steps. Step 1: Identifying opportunities. A signature of authorization.

Optimal Sourcing 60

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Claritum

AUGUST 22, 2019

Claritum Article - Procurement Blog. The role covers the entire sales cycle including lead generation, nurturing, product demos, proposal development and closing the sale. The role covers the entire sales cycle including lead generation, nurturing, product demos, proposal development and closing the sale.

Optimal Sourcing 32

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Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023.

Logistics Network Optimization Software 279

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Precoro

JUNE 21, 2023

Generally Accepted Accounting Principles is a set of accounting standards, rules, and practices that stipulate how financial statements should be prepared and presented. Utilizing well-established accounting principles is especially important when there is a need to analyze and present data about payments and debts. What is GAAP?

Procurement Analytics 98

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TrackVia

AUGUST 22, 2023

Low-Code: Revolutionizing Asset Management Low-code applications present an innovative approach to transform asset management practices. Integration Capabilities: Asset management often interfaces with other business systems, such as finance or procurement. Get a free demo and see how TrackVia could help your organization.

Asset Management 98

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Precoro

FEBRUARY 14, 2024

We always strive to improve your experience with Precoro and help optimize your procurement processes, so we’re excited to present our brand-new dashboard. And with just one click, and you get a comprehensive overview of your procurement activities, displayed on visually engaging charts and graphs.

Optimal Sourcing 59

Optimal Sourcing Real-time Visibility Purchasing Skills Just-in-Time 59