SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

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

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. 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.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

SYSPRO Smarter ERP

AUGUST 1, 2022

A BOM may be a relatively simple document or a complex, multi-levelled product description made from multiple sub-assemblies. Procurement planning : It has to do with ensuring that business purchases arrive promptly and in the right quantities. It records all the parts, materials, and processes used on the factory floor.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Material Savings Manufacturing Procurement 111

Precoro

JULY 18, 2022

Invoice automation software eliminates manual intervention, except in those special cases where a human touch is required, greatly reducing the burden on accounts payable and finance teams. It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Logistics Viewpoints

JANUARY 11, 2023

While time slot management applications work as a stand-alone application, it is more valuable when it is integrated into with other applications on a common platform such as warehouse- and yard management or visibility solutions. If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes?

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

FEBRUARY 8, 2024

There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. By using inventory management software or systems, you can automate and streamline your inventory tracking processes and gain valuable insights into its performance and efficiency.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

The Logistics & Supply Chain Management Society

JUNE 10, 2021

One misfiled declaration, missing document, or unread urgent email can block a shipment. But good solutions can transform risks into opportunities. In-fact delayed shipment may even change the consumer mind, who may cancel their order mid-transit and purchase from a competitor. BluJay Solutions. Sales Director APAC.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. No-code platforms are software design systems that allow both technical and non-technical professionals to execute a variety of software demands with zero lines of code. What are No-code Platforms?

Supply Chain Design Software 109

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 109

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 63

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 63

Arena Solutions

OCTOBER 12, 2023

A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. External audits can be nerve-wracking with key personnel and teams running from pillar to post searching for records or documents, especially if you don’t have a quality management system (QMS) software solution in place.

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Precoro

NOVEMBER 20, 2023

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

SCMDOJO

JUNE 3, 2022

Gather the accountants, leaders, department heads, store managers, and ask them which document plays the most significant role in the company. But most will agree that one document is crucial for nearly all business functions, and automating it can ultimately boost your profits. And that’s no other than a purchase order.

Purchasing Skills 102

Purchasing Skills Procurement Solutions Procurement Analytics Vendor Strategies 102

ModusLink Corporation

MARCH 30, 2023

According to data shared by Vue.AI , “more than 60% of online shoppers say that they look at a retailer’s return policy before making a purchase. Create a system for identifying and documenting defective products. Regularly review and update return policies and procedures. Use Them to Drive Brick-and-Mortar Buys.”

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

Procurement Solutions 59

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

Logility

OCTOBER 29, 2021

4 Digital Solutions That Address the Top Challenges for Process Manufacturers. The right technology solution can help your business through the use of intuitive algorithms and analytics that help future-proof the crucial elements of supply chain management: integration, operations, purchasing, and distribution.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

SupplyPike

APRIL 10, 2020

To stay compliant with your buyer’s OTIF or ORAD policies, you will need to make sure you cite the right reasons for PO cancellations. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. You should also look into implementing short term solutions for limited supplies. Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Precoro

APRIL 22, 2024

As a part of FP&A, the finance team prepares documents such as income statements, balance sheets, and cash flow statements. Finance operations managers ensure compliance with financial regulations, accounting standards, and internal policies and procedures. After all, purchases are a large part of company finances.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

OptiProERP

JANUARY 17, 2023

When looking for a solution, you need to find ERP software with features that will fully optimize your business to compete and grow. A supply chain system, integrated with other modules in an ERP solution, helps mitigate their complexity. Manufacturers need specific functionality to run their businesses effectively. Job Costing.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Talking Logistics

DECEMBER 11, 2015

MercuryGate extends invoicing and document management solution with HubTran integration. SAP Launches Enhanced Supply Chain Execution Software for Faster Logistics Planning. HighJump Partners with Advantage2Retail to Bring Best-of-Breed Warehousing Software to Retailers. Paragon Software Systems Introduces Route Control.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 0

Locus

DECEMBER 29, 2021

However, how successful businesses are is dependent on how well the technology is applied, the availability of proper infrastructure, culture as well as management policies. As technology becomes more sophisticated and is used to develop tech-based tools, it will handle repetitive tasks such as filing, preparing documents and indexing.

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 52

QAD

JULY 7, 2022

In April 2021, food giant Hershey Food announced its “ No Deforestation Policy ” to end deforestation across its supply chain by 2030. Consumers are increasingly expressing interest in ethical sourcing and environmental impacts related to the products they purchase. found that consumers would stop purchasing brands with ethics issues.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 97

Taulia

MARCH 14, 2023

However, it’s also possible to make simpler changes, such as clearly defining AR policies internally and ensuring easy access to customer data through a centralized supplier management dashboard. The more sophisticated virtual card solutions, like Taulia’s, include payment controls, cash analytics, and value-added tools.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Expense Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

JULY 23, 2021

No matter what size of the business you run, it’s important to keep your information secure so that no one can steal sensitive data like customer records or financial documents by breaking into unprotected software and hardware systems—even if those systems belong only to tiny mom & pop shops with limited bandwidths for IT needs.

Security 98

Security Supply Chain Design Software Supply Chain Network Software Purchasing Training 98

QAD

JULY 8, 2021

Long-term planning information is critical for the lower tier suppliers to plan and purchase their materials wisely. More importantly, ensure your answers are documented in management system processes and that employees are trained on these topics to prevent production disruptions due to long lead time and critical parts.

Supply Chain Planning Software 87

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 87

CH Robinson Transportfolio

JUNE 29, 2020

China has recently implemented three key policies that relate to PPE exporting. Policy 5 requires all medical supplies to meet quality standards of the importing countries, this policy also separated out the process for medical-grade and non-medical-use devices. Metered freight solutions.

Shipping 56

Shipping Manufacturing Procurement Cost Reduction Strategies Canada 56

Enterra Insights

SEPTEMBER 11, 2020

Most consumers would be appalled if they knew their purchasing habits supported forced labor practices — but they probably do. MSIs are not effective tools for holding corporations accountable for abuses, protecting rights holders against human rights violations, or providing survivors and victims with access to remedy.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 100

Supply Chain Game Changer

JANUARY 19, 2022

On the contrary, an ineffective supply chain can be a vast drain on your resources, so it’s crucial to implement some strategic solutions. Below are some of the best strategic solutions you can consider to maximize your supply chain’s efficiency and performance: 1. Improve Your Supplier Relationships. Cluster Approach.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

Supply Chain Game Changer

DECEMBER 2, 2021

They include back-office services, which constitute all internal processes, such as purchasing, billing, and order fulfillment , and front-office services, which involve interactions with customers through marketing or providing tech support. Business process outsourcing services are broadly categorized into two groups. IT Management.

Vendor Strategies 91

Vendor Strategies Supply Chain Design Software Resource Reduction Purchasing Skills 91

ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Optimization Software Procurement Solutions 130

Precoro

JANUARY 16, 2023

Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Logility

OCTOBER 12, 2021

A plan for achieving truly sustainable supply chain management — from the capabilities you’ll need, to the policies you should put in place, to the systems that will help you achieve it. . They can also help with documentation, acting as proof of your efforts if auditors come knocking. Data is key to this process.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

Arena Solutions

JUNE 8, 2021

Test specifications and other document control practices. Software delivery scheme ( app, cloud, website access). In particular, the following systems make it much easier to manage the new product introduction process: Product Lifecycle Management (PLM) —for design and manufacturing documents, BOM and change management and compliance.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Resource Reduction Inventory Reduction 52