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

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

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. It’s not just the cars themselves either.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Logistics Viewpoints

FEBRUARY 19, 2024

Instead of developing the aircraft in-house and sourcing parts from suppliers,” Dr. Tang explained, “Boeing decided to outsource 70% of the design, engineering and manufacturing of entire modules to over 50 strategic partners.” The Dreamliner program was launched in April of 2004 with an order for 50 aircraft from All Nippon Airways.

Supply Chain Design Software 222

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 222

Unleashed

APRIL 5, 2021

Procurement and purchasing are often used interchangeably to describe the role of procurement. What is procurement? Procurement is the process of purchasing a service or a good, usually on a large scale and for commercial purposes. What are the steps in the procurement process? Choose the best supplier.

Procurement Solutions 66

Procurement Solutions Pricing Training Purchasing Training Purchasing Skills 66

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. Evaluate and manage supplier performance.

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

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Logility

JULY 14, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, has been honored by Supply & Demand Chain Executive , the only publication covering the entire global supply chain, as a recipient of the Top Supply Chain Projects Award for 2022. ATLANTA, GA (July 14, 2022) – Logility, Inc., and L.I.N.K.

Logility 173

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

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.

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Only by doing so can we unlock the full benefits of this innovative technology.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Integration.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

Logistics Viewpoints

JANUARY 12, 2022

Living and working in this area provides me with the opportunity to schedule site visits at many of these innovative firms. Most recently, I visited the Berkshire Grey (BG) corporate office for an in-depth discussion about the company’s business, followed by a tour of the Berkshire Grey Innovation Center. Do they have a proven ROI?

Optimal Sourcing 296

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 296

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

ivalua

JUNE 12, 2020

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. Looking beyond Covid-19, virtually any of Procurement’s growing list of objectives can be better achieved through better collaboration. Accelerating innovation? Improving CSR/sustainability?

Vendor Strategies 130

Vendor Strategies Material Savings Optimal Sourcing Supply Chain Planning Software 130

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. China was the source of over 90% of PPE.) Document your supply chain black holes.

Supply Chain Planning Software 427

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

HICX Solutions

JANUARY 22, 2019

The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. Sourcing suppliers and awarding contracts. AI could support sourcing as it’s done today, as well as driving new ways of choosing suppliers and awarding contracts.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

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

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Document processes and provide training to employees to ensure compliance and proficiency. Production Planning Upon receiving an order, production planning kicks in.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

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 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

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

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.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Purchasing Skills Sourcing Strategies 130

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

Jaggaer

NOVEMBER 29, 2018

In a year full of recognition from industry analysts, JAGGAER was named by customers as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites. As JAGGAER’s CEO, Rob Bonavito, recently said, “JAGGAER feels this distinction represents a validation of the application of innovation to customers’ specific needs.

Optimal Sourcing 40

Optimal Sourcing Gartner Manufacturing Procurement Sourcing Strategies 40

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

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

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

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

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. Exiger and Kinaxis will work to bring this solution to Exiger’s FedRAMP SaaS platform which provides access to 16.8

Supply Chain Planning Software 52

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

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. Source : Where is the data stored, and who owns it? Step 3: Collect your Data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

QAD

OCTOBER 26, 2023

The information your trade team uses to determine landed costs or admissibility of goods should be shared with procurement teams, so that you always purchase goods at the lowest possible price. Failure to innovate and adapt to changing market conditions kills companies, regardless of the value of the product.

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

Supply Chain Game Changer

APRIL 29, 2021

In that effort, enterprises should seek innovative technologies with the potential to disrupt and transform the current supply chain operating models and bring in a more competitive edge. These major shifts will likely have various implications for the procurement process. Encouraging innovation and collaboration. electronics).

Supply Chain Software 135

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

BlueYonder

APRIL 7, 2021

Blue Yonder’s Differentiator: Innovative Strategy and Solutions. Sources: 1 Gartner, Magic Quadrant for Transportation Management Systems, Bart De Muynck, Brock Johns, Oscar Sanchez Duran, Carly West, 30 March 2021. as part of a larger research document and should be evaluated in the context of the entire document.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 52

The Logistics & Supply Chain Management Society

JULY 13, 2021

Process Automation: Logistics and supply chain industry vertical is heavily reliant on manual rule-based processes and their workforce spend significant amount of time managing documents such as bills-of-lading, invoices etc. RPA tools can help to capture, store, and extract data/records/files from unstructured sources.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Supply Chain Opz

JANUARY 22, 2016

Brian Miller, VP of Services at Intesource, a PROACTIS company Managed services is a sourcing approach less common in the procurement industry today, but poised to grow tremendously over the next couple years. Strategic procurement platforms help organizations analyze their data and make it actionable.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

KEPLER Consulting

SEPTEMBER 3, 2019

When it comes to new supplier identification, negotiation or strategic sourcing process, many of our clients need to increase the level of expertise and empowerment without adding headcount. Moreover, supplier scouting could be extremely time consuming if the focus on the most promising areas is not enough defined and documented.

Negotiating Skills 56

Negotiating Skills Optimal Sourcing Sourcing Strategies Resource Reduction 56

NC State SCRC

FEBRUARY 8, 2018

The concept level design phase is typically summarized in a system concept document. This phase is followed by system level development, resulting in system performance requirements and description documents. The subsystem and component level phase yields product performance requirements and design documents.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Design 40