EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Have inventory management.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

EC Sourcing Group

MARCH 29, 2022

eSourcing is such an essential part of procurement. When eSourcing is optimized, it can positively affect procurement and the overall supply chain. eSourcing is sourcing done digitally—tools that aim to simplify, streamline, and improve procurement and strategic sourcing overall.The eSourcing software you use is also important.

Optimization Software 52

Optimization Software Supply Chain Software Optimal Sourcing Tools 52

EC Sourcing Group

SEPTEMBER 27, 2022

Not long ago, sourcing was still an “analog” process, with a lot of back-and-forth communication via phone calls, emails, and meetings in person. Technology has finally caught up with sourcing and procurement—evolving processes by leaps and bounds in a relatively short amount of time. eSourcing Platforms : The Must-have Tools.

Analytics Software 52

Analytics Software Procurement Solutions Supply Chain Software Procurement Analytics 52

Jaggaer

FEBRUARY 11, 2020

For more, and to learn about all four steps of the autonomous procurement process, register for our webinar, “ Four Steps to Autonomous Procurement “ In modern procurement teams, many are wondering what will happen when AI technology is truly integrated into purchasing systems. What is the Future of Procurement? .

Procurement Solutions 80

Procurement Solutions Optimal Sourcing Procurement Sourcing Strategies 80

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Features of eSourcing Software: Document Management.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Features of eSourcing Software: Document Management.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

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

SCMDOJO

JULY 28, 2022

This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. This can lead to dual sourcing and more competition among suppliers, ultimately reducing procurement costs and ensuring higher product quality. Then the Supplier registration form comes in handy. Mailing Address.

Negotiate Pricing 108

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 108

QAD

AUGUST 16, 2022

With the waves of challenges undermining supply chains across all industries, businesses need improved supplier collaboration, optimal sourcing and quicker ways to respond to shifts in supply and demand. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

EC Sourcing Group

FEBRUARY 1, 2022

eSourcing refers to a buyer’s ability to collect different bids from suppliers using an online sourcing solution. Sourcing electronically instead of leaving a paper trail saves time, money, and is a much more efficient way to procure goods and services. Frees up procurement professionals for other tasks.

Supply Chain Software 52

Supply Chain Software Optimal Sourcing Buyer Training Price Reduction 52

EC Sourcing Group

FEBRUARY 1, 2022

eSourcing refers to a buyer’s ability to collect different bids from suppliers using an online sourcing solution. Sourcing electronically instead of leaving a paper trail saves time, money, and is a much more efficient way to procure goods and services. Frees up procurement professionals for other tasks.

Supply Chain Software 52

Supply Chain Software Optimal Sourcing Buyer Training Price Reduction 52

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Optimal Sourcing 246

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Purchasing Skills 246

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The abstract notes that the research paper “ documents that shifts in the pattern of U.S.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

EC Sourcing Group

JULY 21, 2020

For those in procurement management, this may refer to several different types of tools and software, especially those that help with price compression like eAuction software procurement or those that streamline processes and compress timelines like eSourcing software. . What is E-Procurement in Supply Chain Management?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Modeling Software Supply Chain Software 52

QAD

JUNE 29, 2023

This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers. Documenting this knowledge is crucial for retaining intellectual property and facilitating future design improvements.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

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

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. About Ivalua.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Purchasing Skills Sourcing Strategies 130

EC Sourcing Group

FEBRUARY 2, 2021

The term eTendering can be a confusing concept if the term isn’t fully explained to a buyer who’s just in the process of taking their procurement processes online. There is also less overhead within the procurement department as you move over into the digital world. Below, let’s take a look at the top five benefits of eTendering.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Software Procurement Just-in-Time 52

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

DECEMBER 12, 2023

These components help manufacturers to effectively plan, source, and manage the production process. It also acts as a crucial document for coordination among different teams – such as design, procurement, production, and quality control – ensuring everyone is on the same page when it comes to manufacturing.

Sourcing Strategies 52

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

Supply Chain Matters

JULY 21, 2022

This report indicates that move would reportedly amount to a nearly $200 billion investment, according to documents filed with the State of Texas. and Europe to actively consider tax incentives and other policy measures that would lead to more domestic sourcing of semiconductor production. Supply Chain Matters Perspectives.

South Korea 52

South Korea Report Manufacturing Procurement Sourcing Strategies 52

Unleashed

APRIL 21, 2024

How the order processing process works The order processing process begins when a customer order is placed and verified – in person, via email or telephone, or online – followed by inventory sourcing, then picking and packing, before the order is shipped. Order tracking and updates are provided to the customer.

Inventory Management Software 52

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

Supply Chain Game Changer

APRIL 29, 2021

Now there are increasingly competitive and political pressures to bolster their domestic production, resume hiring, and minimize or eliminate their reliance on external sources that are perceived as risky. electronics). These major shifts will likely have various implications for the procurement process. Industry 4.0,

Supply Chain Software 135

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 135

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

NC State SCRC

JULY 21, 2022

Generally speaking, the Antitrust Division can start investigating based on just about any source of information, including complaints from private citizens. Very often, this requires collecting and reviewing millions of documents from a company, by utilizing the power of the grand jury. So, what triggers an investigation?

Pharmaceutical 52

Pharmaceutical Supply Chain San Francisco New Hampshire 52

NC State SCRC

JUNE 29, 2017

There is increasing evidence that blockchain (or Distributed Ledger Technology ) is not a standalone solution, but will emerge more as an open source utility, much like the Internet. Only 5%% of payments are made by procurement cards – and 34% are made by ACH Credits!

Vendor Strategies 40

Vendor Strategies Cost Reduction Strategies Procurement Supply Chain Network Software 40

Precoro

JULY 18, 2022

It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities. However, regardless of changes in the flow, e-procurement software users save more than 50% of their time on invoicing. Procurement software automatically transfers it. Manual Data Entry.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

Logility

MAY 22, 2018

Unbelievably, we didn’t have computers, video games, or mobile devices back then so really the only form of in-home visual electronic entertainment was the TV, and by that I mean broadcast TV with maybe 10 channels of low-definition content if the rabbit ears were pointed in just the right directions.

Optimal Sourcing 101

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Forecasting 101

ivalua

SEPTEMBER 2, 2019

Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions.

Guidelines 140

Guidelines Procurement Resource Reduction Policies 140

Jaggaer

OCTOBER 6, 2020

“We have captured many benefits thanks to the decision we took to extend our JAGGAER implementation to include sourcing. And not least, double-digit cost savings on our electronic sourcing bid events.”. Scott Schlotthauer Chief Procurement Officer Oklahoma State University. Paperless at the O.K.

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Cost Reduction Strategies Sourcing 52

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming. This is part of your sourcing roadmap. What is supplier relationship management?

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Talking Logistics

JULY 29, 2015

How will you establish and manage electronic communication with carriers and other trading partners? Descartes’ GLN is one of the world’s most extensive logistics electronic communications networks, connecting a global community of more than 220,000 parties in more than 160 countries. Where to Find Supply Chain Innovation.

Supply Chain Network Software 100

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 100

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

Supply Chain Game Changer

AUGUST 19, 2022

Be it sourcing, creating, planning, or delivering, there is a clear need to adopt more digital tools and cloud-based collaboration platforms so that stakeholders are always on the same page. With digital processes, however, everyone gets an electronic copy and can collaborate on it simultaneously, regardless of where they are located.

Supply Chain Planning Software 97

Supply Chain Planning Software Vendor Strategies Supply Chain Network Software Optimization Software 97

RFgen

AUGUST 14, 2017

If counterfeit electronic parts make it through the supply chain and into a mission-critical military asset, the potential for a worst-case scenario increases. These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.”

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52