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. Want to learn more?

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

crisp

NOVEMBER 2, 2023

Together we are revolutionizing how CPG suppliers manage their retail businesses, and this partnership will only further enhance the value we provide our mutual customers.” 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

EC Sourcing Group

AUGUST 9, 2022

Risk management. With a centralized repository that holds all your contracts and past transactions, you can improve your vendor vetting process with supplier management and make more informed decisions as you evaluate risk. Improves supplier relationships through collaboration. Contract management.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

EC Sourcing Group

AUGUST 3, 2021

Building up this type of relationship takes time, and it’s important to understand the difference between an approved supplier, a preferred supplier, and a strategic supplier, so you can mitigate risk and build stronger relationships with your strategic suppliers.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing EC Sourcing Vendor Strategies 52

ivalua

MAY 17, 2023

This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. After catching up with colleagues and acquainting ourselves with some new faces, we dove into solution breakout sessions.

Nashville 130

Nashville Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 130

EC Sourcing Group

NOVEMBER 8, 2022

Risk management. Supplier management . To learn more about intuitive, easy-to-use sourcing and procurement optimization software that meets all your procurement needs, speak to a Simfoni representative today about conducting a demo. Policy compliance. Automation tools. Budget insights and control features.

Optimal Sourcing 52

Optimal Sourcing Demand Planning Software Sourcing Strategies Supply Chain Software 52

Supply Chain Matters

SEPTEMBER 27, 2023

A demo of functionality included not only the accounting of carbon consumption, but the creation of a data store of material components specified and procured in product supply chains that can be leveraged by supply chain teams in procurement sourcing or supplier management decisions.

SAP 52

SAP Supply Chain Planning Software Prescriptive Analytics Software Analytics Software 52

EC Sourcing Group

AUGUST 23, 2022

The best eSourcing platform is intuitive, easy to use, and is an integral part of sourcing optimization and strategic supplier management. Contact a Simfoni representative today to learn more or to request a demo. Besides cost-effectiveness, you want to keep time restrictions, quality, and resources in mind.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Modeling Modeling Software 52

EC Sourcing Group

NOVEMBER 17, 2020

Vendor/supplier management. This can help you manage important information about strategic suppliers , as well as others. If you use a lot of the included vendor management software tools, you can help improve vendor relationships while also streamlining the process. Procure-to-pay operations. Spend analytics.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

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

EC Sourcing Group

MARCH 14, 2022

Read on to learn more about tail spend software and how it can help in your overall supplier management and procurement management. One of the first pieces to manage tail spend is identifying where it is. Tail Spend Software: Identifying Tail Spend. Tail spend automation software can help accomplish this.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Optimization Software Optimal Sourcing 52

EC Sourcing Group

AUGUST 31, 2021

The right type of software also integrates supplier management and invoicing and allows transparency across the board. The benefits of automated procurement are many, including better transparency with your team, happier stakeholders, better collaboration, and improved relationships with your suppliers. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

EC Sourcing Group

JANUARY 4, 2022

Supplier management tasks and notices. Contract Management alerts and tasks. Category management. In short, the benefits of eProcurement software equates to you saving time and money, while also building better relationships with your stakeholders and suppliers. Savings tracking. Procurement intake requests.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

JANUARY 4, 2022

Supplier management tasks and notices. Contract Management alerts and tasks. Category management. In short, the benefits of eProcurement software equates to you saving time and money, while also building better relationships with your stakeholders and suppliers. Savings tracking. Procurement intake requests.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

DECEMBER 13, 2021

Software can help with sourcing as it is a simple, intuitive process that allows you to find new potential suppliers, strengthen relationships with your suppliers and strategic suppliers , and can help streamline the process with automation. Supplier management. Risk management tools. Automation.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

EC Sourcing Group

SEPTEMBER 27, 2022

Strategic supplier management is invaluable when it comes to eSourcing and eAuctions, enabling you to create a catalog of suppliers and run various RFx exercises with them to assess and evaluate their suitability. eSourcing Platforms : Other Features to Consider.

Analytics Software 52

Analytics Software Procurement Solutions Supply Chain Software Procurement Analytics 52

EC Sourcing Group

OCTOBER 12, 2021

Contract management. These features handle the creation, execution, and management of contracts. Supplier management. To hear more about procurement optimization solutions or request a software demo, contact EC Sourcing Group today at 973-936-9672 to speak with a team member.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Negotiating Skills Supply Chain Optimization 52

EC Sourcing Group

OCTOBER 26, 2021

Logistics and shipping management. Good supply chain software will have a robust section on warehousing and shipping management. Order and supplier management. To hear more about using information technology in supply chain management or to receive a software demo, contact EC Sourcing Group at 973-936-9672 today.

Supply Chain Software 52

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

Precoro

SEPTEMBER 22, 2022

When repeatedly ordering large amounts of the same goods from one supplier, managing purchase orders and adequately planning the expenditures becomes quite tricky. That's where blanket purchase agreements come in handy. What is a Blanket Purchase Agreement, and Why Use It? This isn't an exhaustive list.

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Procurement Analytics 52

EazyStock

JUNE 23, 2022

Big data helps improve supplier management. Good and reliable suppliers are crucial to robust inventory management, so it’s essential that you can track their performance. The post Big data and inventory management appeared first on. , so you have time to implement contingency plans.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

EC Sourcing Group

SEPTEMBER 6, 2022

To learn more about the best sourcing software to create a greener supply chain, speak to a Simfoni representative today about conducting a demo. Solid sourcing strategies have you using vendors with fuel-efficient vehicles and less travel time, making the supply chain more efficient.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

EC Sourcing Group

MARCH 12, 2023

Simfoni’s AI-infused eSourcing tool has a defined set of KPIs and metrics that we believe best evaluate the performance of a supplier and is just one of the many sophisticated yet easy-to-use features of our powerful solution. To learn more about how Simfoni’s eSourcing tool can help you build a supplier scorecard that best fits your (..)

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Precoro

JULY 8, 2022

Information on foreign and domestic suppliers and vendors is well-researched and structured, and the list of approved items with the latest prices is available to the company at any given moment. Improved Communication with Suppliers. Sign up for a demo here. Is Successful Procurement Possible Without a Purchasing Manager?

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

EC Sourcing Group

NOVEMBER 15, 2022

To learn more about intuitive, easy-to-use sourcing software solutions, speak to a Simfoni representative today about conducting a demo.

Supply Chain Design Software 52

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

EC Sourcing Group

AUGUST 16, 2022

eSourcing software can give you access to supplier management to avoid potentially unethical companies. . To learn more about intuitive, easy-to-use sourcing tools that can help your dodge unethical procurement practices , speak to a Simfoni representative today about conducting a demo.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

EC Sourcing Group

APRIL 27, 2021

The one thing to keep in mind is that global suppliers may require a longer lead time for certain products, so you have to start your sourcing process earlier than in the past to ensure that the goods reach the consumer on time. We want to help you re-imagine procurement.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

EC Sourcing Group

SEPTEMBER 28, 2021

To learn more about sourcing and procurement software or to request a demo, contact EC Sourcing Group today at 973-936-9672. As you’re looking for sourcing and procurement software, be sure to choose the one that best suits your company’s needs. Software that promotes transparency and collaboration is always a good option. .

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Software EC Sourcing 52

EC Sourcing Group

JULY 7, 2020

eAuction software can also be a separate part of eSourcing software and oftentimes follows an organized sourcing process to pre-qualify the suppliers. . If you are still wondering, “What is eSourcing in supply chain management? ” Intuitive software walks you through installation and setup, and also gives you tutorials on how to run it.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Supply Chain Software Procurement Analytics 52

EC Sourcing Group

OCTOBER 27, 2020

To learn more about supply chain and risk management software , or to request a demo, contact EC Sourcing Group today by calling us at 973-936-9672.

Supply Chain Design Software 52

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

Precoro

JANUARY 1, 2024

In addition to the existing features for supplier management, such as the ability to store supplier catalogs, send them RFPs, and provide them with access to the Supplier Portal, we’ve added supplier registration forms and supplier approval capabilities.

Purchasing Skills 52

Purchasing Skills Price Reduction Modeling Software Procurement Solutions 52

Unleashed

DECEMBER 10, 2023

ERP systems provide the ability to automate repeatable business tasks that order management systems typically don’t deal with, such as payroll, supplier management, HR, and manufacturing. In this scenario, an ERP system may offer more flexibility and functionality to support any growth or changes in your business.

Inventory Management Software 52

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

EC Sourcing Group

SEPTEMBER 15, 2020

Automation ( procurement automation software ) that sends POs to suppliers. Award Management . Contract Management. Supplier Management both on-boarding and performance management. Supplier Risk Management. Seeing a report in real-time is an integral part of an E-procurement software demo.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Vendor Strategies 52

EC Sourcing Group

MAY 31, 2023

The Strategic Spend Terminal streamlines procurement processes, enhances supplier management , and empowers users to identify cost-saving opportunities by analyzing PPV trends and patterns. Managing purchase price variance is essential for controlling costs and achieving optimal financial outcomes. Schedule a demo today!

Negotiating Skills 52

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Solutions 52

EC Sourcing Group

SEPTEMBER 13, 2022

Features within your software should include robust features when it comes to contract and supplier management. This centralized system not only gives you quick access to information but also fosters better collaboration between you, your team, and your suppliers. Supplier management tools. Contract management.

Sourcing Strategies 52

Sourcing Strategies Analytics Software Predictive Analytics Software Optimal Sourcing 52

EC Sourcing Group

AUGUST 11, 2020

Spend analysis allows you to understand your spending patterns in sourcing categories as well as monitor compliance with preferred suppliers or contracts. . Supplier Management. Different from onboarding, this allows you to keep a rating of suppliers as well as monitor performance for easy reference. . Spend Analysis.

Procurement Solutions 59

Procurement Solutions Sourcing Strategies Purchasing Skills Sourcing 59

Claritum

JULY 31, 2018

This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. 3 Supplier Performance Management. BOOK A DEMO. BOOK A DEMO.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

Unleashed

OCTOBER 4, 2023

Technology integration: Ensuring that different software systems ­– such as inventory management, order processing, and shipping software – work seamlessly together is crucial for a smooth order fulfilment process. Supplier management: Managing suppliers requires consistent and clear communication from both sides.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52