EC Sourcing Group

AUGUST 16, 2022

Unethical Sourcing Practices in Procurement and How to Avoid Them. In procurement, unethical practices can be hard to spot. It’s critical to understand what makes up ethical vs. unethical practices within your procurement function. Unethical Procurement Practices : Examples of Unethical Behavior. Favoritism.

Sourcing 40

Sourcing Procurement Negotiate Pricing How To 40

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 219

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 219

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. The importance of Environmental, Social and Governance (ESG) continues to grow. A procurement professional I recently spoke to said “it’s coming at us thick and fast, so we’ve got to be ready for it.”

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? All this functionality helps save costs, choose the best vendors, ensure compliance, appraise supplier risk, and streamline procure-to-pay cycle.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions.

Optimal Sourcing 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

QAD

MAY 23, 2023

Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. It involves sourcing, negotiation, ordering, delivery, and payment for goods or services. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Secure executive sponsorship.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. It’s time to air our dirty laundry.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

Supply Chain Game Changer

AUGUST 5, 2021

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Ounces | Sustainable Procurement Initiatives. Supplier management should always be anchored in broader sustainability & responsible procurement initiatives. 4 tsp | Supplier Segmentation.

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

Supply Chain Game Changer

NOVEMBER 20, 2018

Check out What is Virtual Procurement and Why Should You Care? Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. But beyond that he had no idea on where to start to source his product. Subscribe Here! Email Address.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Sourcing Supply Chain Planning Software 44

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) Operation Air Bridge by the US Government was also a welcome relief. As I watch the news and work on client documents in my quarantine, I try to manage my emotions. Document your supply chain black holes. Redefine Visibility.

Supply Chain Planning Software 414

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 414

Logility

OCTOBER 21, 2021

Businesses with visibility into all tiers of their supply chain have the ability to identify when their suppliers source material from such an area to avoid these types of detainments more effectively. Ensuring that your supply chain is sustainable also improves your ability to comply with government and industry regulations.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

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

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

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

Talking Logistics

MAY 14, 2019

Finished products have high ratios (average 50%) of sourced or procured product content. Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance.

Supply Chain Planning Software 159

Supply Chain Planning Software Quality Supply Chain Software Supply Chain Network Software 159

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

Logility

OCTOBER 6, 2021

For fashion companies, for example, supply chain traceability solutions document the chain of custody of your goods and inputs from the cotton source to the importer of record. When your business knows where your goods originate, you can ensure that they are compliant with government regulations. Transaction Documentation.

Optimal Sourcing 130

Optimal Sourcing Network Optimization Vendor Strategies Supply Chain Optimization 130

Exiger Perspectives

MAY 8, 2023

million unique supply chains, 600 million legal entities, and 7 billion source records of supply chain installations––all risk-ranked by 200+ different risk categories and subcategories. federal government are confident and compliant in the solutions and risk management provided. By doing so, customers wanting to work with the U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Analytics Software 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

Marco Tieman is the CEO of LBB International, a supply chain strategy consultancy and research firm, advising companies and governments on supply chain analysis, supply chain design, and market research. He has been advisor to companies and governments on halal supply chain design, halal ecosystem development, and halal risk management.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

QAD

MAY 24, 2023

Supply chain leaders need effective tools to share real-time information across networks of suppliers, customers, carriers, distributors, and government agencies. Yet, so often, purchasing and sourcing teams have to rely on manual processes and outdated tools.

Supply Chain Planning Software 52

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

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 62

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 62

Exiger Perspectives

APRIL 3, 2023

A proven supply chain risk management framework, like Exiger’s TPRM and SCRM framework , enables compliance teams, corporations and governments to identify, assess and respond to third-party service providers, supplier risks and other involved procurement risks throughout their supply chain lifecycle.

Supply Chain Risk Management 52

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

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

Proxima

SEPTEMBER 13, 2023

With many PFIs set to expire, we take a look at the steps to tackle this shift According to government data, there are over 700 Private Finance Initiatives (PFIs), and the majority will expire in 2025. This can be further compounded by the possibility that documentation may have been handled in hard copy when the PFI was let.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 52

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

NC State SCRC

JULY 21, 2022

The Sherman Act authorized the federal government to institute proceedings against trusts in order to dissolve them. Generally speaking, the Antitrust Division can start investigating based on just about any source of information, including complaints from private citizens. So, what triggers an investigation? No industry is immune.

Pharmaceutical 52

Pharmaceutical Supply Chain San Francisco New Hampshire 52

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

Supply Chain Shaman

MARCH 12, 2019

This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement.

Prescriptive Analytics Software 172

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 172

Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. You can download the full report at this link.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Optimal Sourcing Study 60

EC Sourcing Group

DECEMBER 14, 2020

If you think about the overall supply chain and how procurement is just one link in the chain, the RFP process is but one link in the procurement chain, but a very important one. . All of this type of software should speed up and automate your sourcing process. RFP Software : The Basics. Knowledge base and template library.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Software EC Sourcing 52

Logility

JUNE 28, 2022

Insights can be hard to come by as investors, consumers, and boards of directors are upping their environmental, social and governance (ESG) criteria and demanding greater corporate responsibility. Even in the best of times, they can be unwieldy, and keeping track of your suppliers, your suppliers’ suppliers, and… You know the drill.

Supply Chain Visibility 173

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Supply Chain Software 173

Supply Chain Game Changer

JUNE 23, 2021

Featuring Our 12 Best Procurement Articles! The process, commonly managed through numerous threads of emails with attachments of documents in Microsoft words and/or excel format, phone conversations, face-to-face meetings, and paper notes, makes all the information a challenge to sort through and organize. Subscribe Here!

Optimal Sourcing 72

Optimal Sourcing Analytics Software Optimization Software Supply Chain Software 72