Taulia

JULY 7, 2022

Let’s look more closely at what procurement spend management is, the challenges companies may face in this area, and six steps organizations can take to boost the effectiveness of their approach. This means that less time can be spent on new initiatives in accounts payable and the procurement department that can bring about better ROI.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

Supply Chain Game Changer

JUNE 10, 2020

We make buying decisions and investments on a daily basis, in our private lives, based upon a plethora of information, insights & data sources. Utilizing improvised solutions is still the norm in many procurement organizations. Think I’m full of bologna? Do you really know where, and who it is you buy from?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Optimal Sourcing Eliminating Excel in Purchasing 56

ITradeNetwork

OCTOBER 9, 2018

Or is your shopping exercise simply about filling your cart and checking off the items on your shopping list? From a recent survey of some of the major grocery store chains conducted here at iTradeNetwork, sourcing locally fresh food is a direct response to their customer’s desire. But all food simply cannot be sourced locally.

Food 40

Food North America Purchasing Skills Sourcing Strategies 40

EcoVadis

OCTOBER 16, 2017

For Bekaert’s Chief Procurement Officer Ton Geurts , the continuity and benefits from sustainable development can only be guaranteed when it becomes more integrated into business. “ Sustainability is business, and business is sustainability ”, he said during his keynote in the CSR Day. Here are a few highlights of the event: .

Sourcing Strategies 40

Sourcing Strategies Optimal Sourcing Supply Chain Network Software Material Savings 40

SupplyShift

NOVEMBER 4, 2020

When you complete your exercise, you should come away with a clear list of milestones you’ll hit. To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease waste by 20 percent across all Kraft Heinz manufacturing operations by 2025.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

When you complete your exercise, you should come away with a clear list of milestones you’ll hit. To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease waste by 20 percent across all Kraft Heinz manufacturing operations by 2025.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

HICX Solutions

SEPTEMBER 23, 2020

Other studies have shown that knowledge workers can spend up to 50% of their time trying to locate data, identifying errors in data or seeking confirmatory sources of data to support information that they do not trust. It adds, “While most people who deal in data every day know that bad data is costly, this figure stuns.”.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Supply Chain View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

Talking Logistics

AUGUST 19, 2015

The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today. Moving forward, GT Nexus plans to extend and enhance its TMS footprint across the full TMS lifecycle: Transportation Sourcing. ” #Bridges2015. ” #Bridges2015.

Supply Chain Planning Software 100

Supply Chain Planning Software Conference Supply Chain Design Software Supply Chain Network Software 100

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). It is not a PR exercise or a corporate goal or policy document.

Resource Reduction 32

Resource Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 32

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). million people are employed by 909,000 of these minority owned businesses (Source: www.mbda.gov). Source unknown). It is not a PR exercise or a corporate goal or policy document.

Resource Reduction 36

Resource Reduction Sourcing Strategies Price Reduction Supply and Demand 36

HICX Solutions

SEPTEMBER 23, 2020

Other studies have shown that knowledge workers can spend up to 50% of their time trying to locate data, identifying errors in data or seeking confirmatory sources of data to support information that they do not trust. It adds, “While most people who deal in data every day know that bad data is costly, this figure stuns.”.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. For instance, if Product-Location has procurement type In-House Production ("E") and if it is missing a corresponding PPDS PPM, then we flagged it as an error code. Business Process Outsourcing.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 29

NC State SCRC

MARCH 22, 2019

Some of the typical complaints I hear from procurement colleagues are the same ones I heard 20 years ago, and it seems as if nothing has changed. “Procurement doesn’t get any respect! I can’t get people in the business to listen to what I want to propose to them, and they don’t show up to my category meetings.”

Procurement Solutions 58

Procurement Solutions Negotiate Pricing Modeling Software Negotiating Skills 58

HICX Solutions

APRIL 16, 2021

As the definition of MDM highlights, establishing a ‘single version of truth’ or aiming for a ‘golden record’ – that is a master data source from which all else across the organization can be referenced – within the domain in question is a common factor that unites all MDM solutions. McGraw Hill, 2007. Single version of truth.

Analytics Software 95

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 95

HICX Solutions

APRIL 16, 2021

As the definition of MDM highlights, establishing a ‘single version of truth’ or aiming for a ‘golden record’ – that is a master data source from which all else across the organization can be referenced – within the domain in question is a common factor that unites all MDM solutions. McGraw Hill, 2007. Single version of truth.

Analytics Software 52

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 52

Taulia

MARCH 22, 2023

Historically, treasury and procurement professionals tended to have very different perspectives on the benefits and risks of different working capital initiatives. This exercise should be conducted in lock-step with AI to determine the most appropriate APR to offer suppliers. The possibilities are considerable.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Vendor Strategies Forecasting Software 52

6 River Systems

JUNE 29, 2020

“Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. These tools can also rapidly model alternate supply and transportation scenarios, such as rerouting around a port strike or going to an alternate source of supply.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

HICX Solutions

NOVEMBER 29, 2022

As Adam Brown , Managing Director, Procurement Strategy & Digital Transformation at Maersk , points out in a recent interview with HICX, “The sheer multitude of touchpoints for suppliers when transacting with many large enterprises can create confusion and inefficiencies.”?. The issue resonates with suppliers. It is a neglected area.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Resource Reduction 52

Logistics Bureau

NOVEMBER 20, 2023

So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. I guess that’s why we called it route planning and not route optimisation.”

Analytics Software 66

Analytics Software Predictive Analytics Software Supply Chain Network Software Optimization Software 66

BlueYonder

MAY 30, 2014

Air and ocean freight carriers were reliant on these LSPs to provide them with a view of the market; in most cases they had no transparency into the shipper’s needs and thus were completely cordoned off from the true source of demand. But the transportation modes are being increasingly determined by the shippers themselves.

Price Reduction 60

Price Reduction Cargo Optimal Sourcing Logistics Network Optimization Software 60

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. Procurement analysis. Retail activity is extremely seasonal, with the majority of sales occurring between March and July.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Infosys Supply Chain Management

JULY 31, 2014

Here''s presenting the case study of how a seemingly workable condition monitoring exercise can possibly go wrong. The case company had procured a fleet of excavators and pipe layer equipment for their interstate gas pipeline project. The team could have easily concluded this because they were sourcing the original spares from the OEM.

Case Study 24

Case Study Study Asset Management Exercises 24