EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. Finding Your Own Goals in Procurement. Goals of Procurement Management: Vendor Management. Minimize risk. Lower costs.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

Locus

MAY 2, 2023

Low shipping fee: Customers prefer brands that offer lower shipping fees, making it more cost-effective for them to receive their orders. For instance, if they wish to Buy Online Pickup In Store (BOPIS), Ship from 3PL, or parcel locker deliveries, last-yard deliveries, etc. Schedule a demo with us!

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Logistics Network Optimization Software Logistics How To 52

Logistics Viewpoints

OCTOBER 19, 2023

Supply chain leaders from planning to procurement to logistics face labor shortages and cost concerns, so they want to reduce workforce time spent on manual activities. Something is wrong in this retailer’s process, whether it be materials used, packing, shipping, etc., Is that the kind of customer experience they wanted?

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Unleashed

AUGUST 29, 2023

How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements. You sign up for a monthly or annual subscription to use the software, usually after watching a demo or taking a free trial.

Inventory Management Software 52

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

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU.

Negotiating Skills 287

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 287

EC Sourcing Group

NOVEMBER 15, 2022

A critical aspect of the following supply chain best practices is to have intuitive procurement software that provides insights and analytics to help navigate the uncertainty and make the best decisions for the future. Supply Chain Best Practices : The Effect of Inflation on Procurement & the Supply Chain. Low interest rates.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimal Sourcing 52

My Office Apps

MAY 30, 2023

With features like automated reorder points and demand forecasting, distributors can streamline procurement and maintain optimal inventory levels. This integration allows for efficient picking, packing, and shipping processes, leading to faster order processing and reduced fulfillment errors.

Optimal Sourcing 78

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Optimization Software 78

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU.

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Shipsy

JANUARY 16, 2020

Shipsy’s rate procurement software comes powered with intelligence around local charges, intelligent reference rates and multiple dashboards around cost saving and vendor participation. Shipsy maintains a sync with all shipping lines and ensures local charges are updated on actuals. Growth should not wait and nor should you!

Analytics Software 52

Analytics Software Negotiating Skills Container Tracking Logistics Network Optimization Software 52

Supply Chain Game Changer

JULY 21, 2021

Not having the necessary materials or products when they are scheduled to arrive can delay the entire shipping process, even if one small part is missing. Amazon is an example of a service that guarantees very quick lead times for customers with its 2 day shipping for Prime members. Procurement Cost. Total Supply Chain Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Freightos

FEBRUARY 28, 2024

Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU.

Negotiating Skills 177

Negotiating Skills Asia Optimal Sourcing Yemen 177

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. Is the warehouse shipping goods on time? Before the warehouse, the supplier has to ship the product or raw material.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Logistics and shipping management. Cost reduction. These include: Forecasting.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

crisp

FEBRUARY 14, 2023

A day of transit saves millions of dollars over the course of a year, when you’re talking about all the inventory being shipped,” he explains. “[So] So] if one distribution center takes three days to ship, and one takes two – how could we make those the same?” And after a demo of the Crisp platform, he was sold.

Food 52

Food Logistics Network Optimization Software Supply Chain Waste Reduction 52

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

EC Sourcing Group

APRIL 27, 2021

When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Supply chain management is the big picture, of which procurement is merely a piece. What Is Supply Chain Management?

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

Shipsy

JANUARY 16, 2020

Shipsy’s rate procurement software comes powered with intelligence around local charges, intelligent reference rates and multiple dashboards around cost saving and vendor participation. Shipsy maintains a sync with all shipping lines and ensures local charges are updated on actuals. Growth should not wait and nor should you!

Analytics Software 52

Analytics Software Demand Planning Software Logistics Network Optimization Software Negotiating Skills 52

EC Sourcing Group

MARCH 12, 2023

It could also be an incorrect purchase order, shipping number, billing address, date, and so on. COST AND PRICING : Organizations typically want the supplier who provides the lowest cost for goods. Identify your data sources that can help identify supplier performance.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 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. Shipping and Small parcel.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

Freightos

JANUARY 3, 2024

Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 225

Negotiating Skills Asia Europe Optimal Sourcing 225

Freightos

JANUARY 10, 2024

Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU.

Negotiating Skills 222

Negotiating Skills Asia Price Reduction Optimal Sourcing 222

My Office Apps

AUGUST 22, 2022

In addition to managing inventory levels within warehouses, some WMS solutions also provide functionality for storing data related to shipments and shipping management—keeping track of where shipments are in transit and providing tracking information about the shipments.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Procurement Solutions Optimization Software 52

Freightos

DECEMBER 28, 2023

Judah Levine December 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $1,659/FEU.

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Shipsy

JANUARY 30, 2020

Our integrations with 40+ shipping lines enables you to get 35+ status updates in real time across all shipments. Receive Shipment Tracking Updates via API Shipsy’s Tracking API can be used to integrate tracking across 40+ shipping lines, covering 35+ milestones for each shipment. Growth should not wait and nor should you!

Container Tracking 81

Container Tracking Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 81

Locus

MARCH 20, 2023

Given that last-mile accounts for close to 50% of all shipping costs, it was essential to get this right to ensure timeliness of delivery, maintain the freshness of the product, and keep operating costs in check. Schedule a Demo The post How Floranow is Maximizing Customer Delight With Locus appeared first on Locus Blog.

United Arab Emirates 52

United Arab Emirates Optimal Sourcing Supply Chain Planning Software UAE 52

Freightos

NOVEMBER 7, 2023

Speed and Urgency : Air cargo is used for faster shipping options, and the need for rapid communication and tracking is more critical in this industry. Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged.

eBook 217

eBook Optimal Sourcing Negotiating Skills Cargo 217

ThroughPut

OCTOBER 22, 2021

Nowadays, businesses are required to offer same-day shipping to not only meet escalated demand for goods but also fulfill customer’s expectations of faster delivery. Supply Variability: Supply variability can occur at the procurement level as well as in-store inventory levels. Demand-driven Variability.

Inventory Reduction 52

Inventory Reduction Expense Reduction Resource Reduction Cost Reduction Strategies 52

EC Sourcing Group

SEPTEMBER 6, 2022

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. Green supply chains are more localized, shipping times are shorter and less susceptible to delays, getting products to consumers on a more timely basis.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

Claritum

MAY 11, 2018

Claritum Article - Procurement Blog. If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. of procurement leaders have limited or no visibility beyond their Tier 1 suppliers.

Supply Chain Software 32

Supply Chain Software Sourcing Global Waste Reduction 32

ThroughPut

OCTOBER 16, 2022

To ensure that backflow in the supply chain doesn’t drag all the way back to raw material procurement, it is necessary to monitor intermediate checkpoints such as warehouses, transport operations, and so on. Hyper-automation in warehouse management coordinates shipping with order schedules to establish touchpoints in the supply chain.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Locus

JUNE 3, 2022

The latter was so severe that cargo ships had to run at half their usual capacity. 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. Both inbound and outbound delivery flows were affected.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Requis

AUGUST 13, 2020

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 trillion: the overall capex (procurement) spend for global energy in the past three years according to the World Energy Investment 2020 report by the IEA (who predicts a reasonable 20% decline in 2020). $25

Optimal Sourcing 64

Optimal Sourcing Supply Chain Design Software Material Savings Asset Management 64

ThroughPut

SEPTEMBER 27, 2021

The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. To ensure that backflow in the supply chain doesn’t drag all the way back to raw material procurement, it is necessary to monitor intermediate checkpoints such as warehouses, transport operations, and so on.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

My Office Apps

APRIL 28, 2020

This is particularly true for manufacturing companies that need to procure components and assemblies to create a finished product. An MRP system can provide you with the visibility you need to split up the procurement of a component into multiple pieces so you don’t have too much inventory all at once.

Optimal Sourcing 52

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

My Office Apps

APRIL 28, 2020

This is particularly true for manufacturing companies that need to procure components and assemblies to create a finished product. An MRP system can provide you with the visibility you need to split up the procurement of a component into multiple pieces so you don’t have too much inventory all at once.

Optimal Sourcing 52

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