ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Customers will now be able to accelerate contract cycle times with AI-driven document segmentation, clause classification & metadata extraction. Procure-to-Pay.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Procurement Solutions Gartner 130

The Logistics of Logistics

DECEMBER 6, 2023

Bad data and inefficient workflows create friction that limits working capital and raises costs for every supply chain stakeholder.Loop’s modern audit and pay platform uses our domain-driven AI to harness the complexity of supply chain data and documentation. That is why industry leaders like J.P.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Logistics Analytics Software Gartner 222

EC Sourcing Group

JULY 28, 2020

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management? Objectives of Procurement Management: Managing Contracts.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 52

EC Sourcing Group

OCTOBER 5, 2021

How to Streamline Your Procurement Process from Weeks to Hours. When contract management and procurement software first arrived on the scene, overnight it became an easy way to streamline the procurement process. Businesses didn’t have to rely on excel, emails, conversations, and word documents as much as they did in the past.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

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

ivalua

AUGUST 16, 2021

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. This churn can sabotage procurement automation initiatives and the overall program. The wave of globalization has made businesses more reliant upon their suppliers than ever before.

Optimal Sourcing 130

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

Supply Chain View from the Field

NOVEMBER 6, 2015

I will be leading a webinar with the Sourcing Interest Group next Nov. The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as their Chief Procurement Officer. Also joining us will be Michael O’Leary, Director of Procurement Solutions at IBM.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Analytics Software Optimal Sourcing 60

Supply Chain Shaman

APRIL 15, 2020

As I watch the news and work on client documents in my quarantine, I try to manage my emotions. To adapt, I recommend that companies form two groups: Operational/Business Continuity Group. The design of the second group is to analyze and reformat the supply chain for economic recovery. It is tough. Recovery Team.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

EC Sourcing Group

NOVEMBER 17, 2020

When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Procure-to-pay operations. Thus, you’ll see a lot of: eSourcing tools.

Procurement Solutions 52

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

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 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logility

JULY 14, 2022

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Logility customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Supply Chain View from the Field

MARCH 29, 2013

As I’ve continued with my research on the future faces of procurement, a consistent theme that has come up again and again is the need for increased interaction between the legal and procurement groups in organizations. We had a procurement team, a contracts team, and legal people – and it wasn’t very efficient.

Procurement 76

Procurement Negotiating Skills Sourcing Strategies Supply Chain 76

EC Sourcing Group

APRIL 26, 2022

The eTendering process is an integral part of procurement and the overall supply chain. eTendering, also known as eSourcing , is simply the act of conducting procurement online—namely, receiving and sending tenders using an online platform, like tender process software. We want you to reimagine the way you think about procurement.

Optimal Sourcing 52

Optimal Sourcing Material Savings Cost Reduction Strategies Procurement Solutions 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions. Features of eSourcing Software: Document Management. 5 Things to Look for in eSourcing Software.

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. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions. Features of eSourcing Software: Document Management. 5 Things to Look for in eSourcing Software.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

SEPTEMBER 13, 2019

If you could automate the procurement process for low value items and gain control over tail spend, what would that mean for your company? The first step is to identify as many manual procurement processes as possible that could be automated. An NDA or any document required to qualify a new supplier can be set up in a secure process.

Procurement Solutions 45

Procurement Solutions Procurement Analytics Supply Chain Software Cost Reduction Strategies 45

EC Sourcing Group

MAY 4, 2021

When you work in procurement, one of the challenges you face is how long sourcing can take. As procurement is only one step in the supply chain, the last thing you want is to slow down the process, but very often, it can feel like things are out of your control. . We want to help you rethink and reimagine procurement.

Sourcing Strategies 52

Sourcing Strategies Sourcing Supply Chain Software EC Sourcing 52

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

EC Sourcing Group

DECEMBER 13, 2021

There would be phone calls, faxing, and filing, but today, eSourcing software has streamlined that process to make procuring auction vendors much more efficient. Auction Vendors: Differences Between Sourcing vs. Procurement. The words sourcing and procurement are often used interchangeably. Electronic bid document creation.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

Logistics Viewpoints

MARCH 2, 2023

While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength. Reduced working capital.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

NC State SCRC

JANUARY 24, 2017

The relationship between sales and procurement has always been a contentious one. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Optimal Sourcing Negotiate Pricing 40

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. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. Indirect procurement has little to do with direct material management.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

NC State SCRC

NOVEMBER 24, 2016

The procurement function (contracting supply chain) typically provides the market & commercial expertise for creating the contract. The Business function is thus deemed to chair a collaborative Contract Management Team of Procurement, HSSE, Key Users, Finance, etc. A number of other interesting themes were also discovered.

Negotiating Skills 40

Negotiating Skills Optimal Sourcing Purchasing Skills Procurement 40

QAD

MAY 24, 2023

For example, cloud software allows collaboration so that the logistics team, compliance group, customer service reps, and accounting department are all reviewing the same real-time details on orders, shipments, carriers, invoices, and more. 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

Supply Chain View from the Field

AUGUST 24, 2015

The challenge involves matching a group of bright, eager, and hungry young MBA and engineering students to a group of projects identified by a group of companies, through the now well-established Supply Chain Resource Cooperative in the Poole College of Management.

Procurement Analytics 60

Procurement Analytics Analytics Software Analytics Manufacturing Procurement 60

Supply Chain Shaman

APRIL 20, 2018

In 2002 I worked for Gartner Group in the business applications practice. At the time, I worked in a group that built a model termed ERP II. The focus is outside-in, from the customer back, and demand-orchestrated across the silos to guide procurement decisions. Some History. The difference is the intent.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Software 163

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. The next group of metrics evaluates the performance of a company’s logistics networks.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

SYSPRO Smarter ERP

JANUARY 2, 2023

If the network were to be hacked, malicious groups may be able to access individual machines, interfering with production or even resulting in a complete halt. The ability to monitor and document information flow and business transactions offered by an ERP system help detect and prevent change that might lead to business compromise.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Network Software Optimal Sourcing Optimization Software 105

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. . Better software has richer features and better functionality that will, in turn, make your procurement management process run more smoothly.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Software EC Sourcing 52

Procurement Academy

AUGUST 4, 2022

Ensuring efficiency in your procurement process has a positive chain reaction within your entire organization. The objectives of a world-class procurement organization are far beyond the traditional belief that procurement’s primary role is to obtain goods and services in response to internal needs. Reduce expenses.

Optimal Sourcing 52

Optimal Sourcing Purchasing Training Negotiating Skills Procurement Analytics 52

NC State SCRC

JULY 21, 2022

Very often, this requires collecting and reviewing millions of documents from a company, by utilizing the power of the grand jury. The work of this group is particularly important in light of the massive increases in prices occurring in 2022.

Pharmaceutical 52

Pharmaceutical Supply Chain San Francisco New Hampshire 52

Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! Emerging procurement theory suggests that creating win-win situations within buyer and supplier agreements are the best ways to create long-lasting, engaging, creative, collaborative, and innovative partnerships. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

Talking Logistics

MAY 8, 2013

Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World , a nonprofit group that is “building a coalition of consumers, businesses, and governments to disrupt the system of slavery.” The group plans to publish the results of the talks in May.”.

Supply Chain Planning Software 238

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 238

Jaggaer

JULY 21, 2020

Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. They absorb precious time – time that could be spent on more important strategic tasks that add value to the organization and make work more satisfying and rewarding for a procurement professional. Download it now.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 102

EC Sourcing Group

MAY 31, 2022

It’s estimated that approximately 90 percent of businesses use some procurement strategy to acquire goods and services. e-Sourcing is an important piece of the overall procurement management puzzle and plays a vital role in the supply chain. More features will improve your procurement process within the supply chain.

Supply Chain Software 52

Supply Chain Software Software Sourcing Strategies Optimal Sourcing 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