Remove Document Remove Eliminating Excel in Purchasing Remove Events Remove Sourcing
article thumbnail

Supplier Registration – Goals, Benefits & Challenges

SCMDOJO

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

article thumbnail

6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. ERP analytics also facilitate the management of the purchasing process through the requisition approval workflow, streamlining procurement activities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Key Strategies for Putting Quality First and Designing It from the Start

QAD

Empower your design team with reviewing and documenting customer requirements and stakeholder concerns, then creating a comprehensive list of requirements. Documenting this knowledge is crucial for retaining intellectual property and facilitating future design improvements.

article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. Predictive analytics: Predictive analytics is a data-driven approach to forecasting and predicting future supply chain events, including demand for a product or potential delays in shipments.

article thumbnail

Why Strategic Brand Management is Important!

Supply Chain Game Changer

Source: Google. Source: Twitter. Source: fabrikbrands. In this way, you will position yourself better in the market, because customers will know why they should buy from you. Use the logo on any digital or paper document to strengthen your brand identity. We listed only a few brand strategy examples.

article thumbnail

How to Streamline Your Procurement Process from Weeks to Hours

EC Sourcing Group

Businesses didn’t have to rely on excel, emails, conversations, and word documents as much as they did in the past. However, the sourcing and procurement process flow constantly changes, and its needs do as well. . Purchase requisition. Record keeping of the event. Request review. Negotiation and contract period.

article thumbnail

Procurement and the Need for Speed

ivalua

The days of taking days or weeks for the purchasing team to process a requisition or purchase order are long-gone in most organisations, thank goodness. While that might be too much to ask for a full source-to-pay platform, for example, it’s worth considering the speed angle here as well.