Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Building sustainability strategy. Target cost.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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. Within Manufacturing Insights, Stephanie conducts supply chain, sustainability, and Industry 4.0

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

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. Sustainability. Think of the brand Tom’s shoes. Globalization.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Businesses can dramatically reduce the costs associated with establishing new supplier relationships, expedite onboarding activities and relevant procurement processes. Focus on sustainability.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

SupplyShift

NOVEMBER 4, 2020

When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. Revisit your commitments and goals Your sustainability commitments and goals should be a guidepost for your work.

Supply Chain Planning Software 52

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

SupplyShift

NOVEMBER 4, 2020

When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. Your sustainability commitments and goals should be a guidepost for your work. Revisit your commitments and goals.

Supply Chain Planning Software 52

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

Requis

MARCH 23, 2021

On episode 25 of Supply Chain Next, Richard Donaldson talks with Roberto Reichard about embodied carbon, climate change and taking control of our supply chains to move toward sustainability. So I decided to step away and see if I was able to put my project management skills toward something that is more sustainable and greener for the world.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. They handle documentation, customs clearance, compliance, and ensure that shipments comply with legal and regulatory requirements.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Resilinc

AUGUST 1, 2023

Every year, the EUDR will aim to reduce carbon emissions by at least 32 million metric tons. And the final third step is that businesses must attempt to mitigate any risks identified in step two and document the steps taken. For more information, please read the EUDR FAQ. What are the penalties and fines for the EUDR?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Manufacturing Procurement 62

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Increase overall equipment effectiveness (OEE).

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Talking Logistics

MAY 8, 2013

The company is also stopping production in Ecuador, Venezuela, Belarus and Pakistan by April 2014 (these countries scored low in a World Bank report that assessed countries on accountability, corruption, violence, and other metrics). Companies are also starting to take action — albeit, reactively in many cases.

Supply Chain Planning Software 238

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 238

OptiProERP

MARCH 15, 2022

The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time. Greater metrics are gained to analyze performance and make informed decisions. Production planning involves procuring quality resources for production. Conclusion.

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

EcoVadis

DECEMBER 29, 2016

Working with the private sector will be essential for governments to accelerate their sustainability ambitions and fulfill their COP21 commitments. Read our latest blogs: Are You Ready For Supply Chain Sustainability Reporting requirements? Figure 1: Timeline of French laws on GHG emissions. How to assess suppliers’ GHG emissions? –

Report 67

Report Company France Supply Chain 67

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success. What does a procurement manager do?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Unleashed

MARCH 31, 2021

A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock. A metric that does what it says on the tin – measures the accuracy of freight bills. E.g. 35 DOI + 31 DOR = 66.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Talking Logistics

FEBRUARY 4, 2016

These teams then can identify the root causes that created shortfalls in reaching goals and ensures that the solution is documented. Because the team is much more self-managed, managers move from being reactionary problem-solvers to strategic, proactive thinkers providing sustainable solutions. Employee and Customer Benefit.

Six Sigma 100

Six Sigma Optimal Sourcing Agile and Lean Supply Chain Logistics Network Optimization Software 100

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

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

Logistics Viewpoints

JANUARY 23, 2024

When a customer initiates a return through Doddle, they are asked specific questions about the condition of the item and packaging, given choices on how and where to return it, and also given a sustainability impact of the return. The second piece is around sustainability.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We simplified our SC strategy and communicated in a straightforward, one-page document that laid out primary goal areas. Our In our program, cost avoidance, while desirable, does not count towards the metric. We named it the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Unleashed

JANUARY 4, 2024

The product sourcing process can include: Market research Product research Vendor procurement Price comparison Supplier negotiations Product sourcing acts as the first and most important step in the successful execution of a business’s procurement strategy. Where can you source products from?

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

ShipBob

NOVEMBER 15, 2021

But once you get established, logistics planning helps ensure that your business can continue to grow and sustain itself. Procurement and manufacturing. Treat procurement and manufacturing as part of your logistics network , as opposed to a silo. Logistical Process. Planning tips. Find the right supplier or manufacturer.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

E2open

DECEMBER 8, 2022

With e2open’s platform, clients can make aligned decisions that consider all aspects of the end-to-end supply chain and efficiently orchestrate coordinated workflows across all parties required to sustainably make, move, and sell goods and services. New network and application capabilities in the 22.4 “Our 22.4 Moving as one.

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60

Arena Solutions

MARCH 8, 2024

I’m also an environmental scientist and I’ve spent most of my career at the intersection of innovation products and sustainability. The Europe is really strong, the Corporate Sustainability Reporting Directive. The Green Claims Directive, sustainable products directive that is soon to be coming up. Kate Kröger Sure.

Material Savings 52

Material Savings Resource Reduction Supply Chain Design Software Manufacturing Procurement 52

HICX Solutions

AUGUST 17, 2023

More and more unstructured data, such as data from documents or from within messages, has the potential to provide more powerful insights to the organization. As the procurement landscape evolves, organizations must begin to view cost reduction as something that does not stifle efforts to innovate.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 52

Unleashed

MARCH 14, 2021

Instead of a dedicated team managing supplier relationships, it might be the procurement manager who manages that as part of their role. It requires carriers to install an electronic logging device to document the driver’s service hours daily. Sustainability in the food supply chain. Food supply chain challenges and issues.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Unleashed

JUNE 23, 2021

Sustainable supply chains. Accessing systems and documents anywhere in the world. With a digitised supply chain, and managers connected to the metrics that matter, companies are now able to access screeds of business-critical data that was previously unavailable. Read more: The 10 Procurement Metrics that Matter in 2021.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Game Changer

JANUARY 20, 2020

They are the percentage of orders delivered to the right place, at the right time, in the proper condition, in the right package, with the right documentation, to the right customer, with the correct invoice and in the correct quantity. Sustainable Practices Will Be a Leading Focus of Supply Chain Executives.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 62

6 River Systems

JUNE 29, 2020

And this is where supply chain professionals, along with sustainability professionals, the sales teams, and new-product development, now need to come together and to evaluate what the market looks like, what downstream impact is going to have on their customers and on their suppliers, and their supplier’s supplier.”

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

HICX Solutions

SEPTEMBER 30, 2022

The Procurement and Supply Chain industries have gone through many changes in the last couple of years, due to both external and internal factors, such as the COVID-19 pandemic, supply chain disruptions, adoption of technological advancements, and so on – all in the hopes of making the functions more strategic, efficient and effective.

Survey 52

Survey Procurement Analytics Optimal Sourcing Supply Chain Software 52