Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path!

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. New forms of data abound–weather data, consumer insights, rating/review information, sentiment analysis—but they are not used. Black holes abound.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 204

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

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

SCMDOJO

FEBRUARY 29, 2024

Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. They do not relate to any overall company procurement goals and objectives. This person can sit on the procurement council or the steering committee.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. But this is excellent experience and a great development platform.

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Precoro

JULY 18, 2022

It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities. However, regardless of changes in the flow, e-procurement software users save more than 50% of their time on invoicing. mismatched PO numbers, incorrect line items, etc.); Manual Data Entry.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

Bristlecone

MAY 31, 2020

Bristlecone has introduced several new fixed-price, fixed-scope offerings for SAP products across supply chain planning, procurement and execution. S/4HANA system support for North American electronics company. Procurement Center of Excellence creation for discrete manufacturer. North America. Asia-Pacific.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement SAP Supply Chain Planning Software 52

RFgen

SEPTEMBER 9, 2014

Automation And Purchasing Controls. Review current procedure for authorization of orders as part of an examination of purchasing best practices. If bills are still being done on an old Excel spreadsheet, it’s time to look at new, electronic systems compatible with today’s technology, said Martinez.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 52

RFgen

SEPTEMBER 9, 2014

Automation And Purchasing Controls. Review current procedure for authorization of orders as part of an examination of purchasing best practices. If bills are still being done on an old Excel spreadsheet, it’s time to look at new, electronic systems compatible with today’s technology, said Martinez.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 52

SupplyOn

OCTOBER 2, 2018

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The goal of this changeover was to significantly streamline the SBB’s purchasing and procurement logistics. Suppliers supplying several SBB divisions will benefit in particular.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Industrial 40

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 139

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 139

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. ABC analysis helps you understand how to manage inventory and make informed decisions about what items to restock. Auditors may test this inventory to ensure financial statements are accurate.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

SupplyOn

SEPTEMBER 25, 2018

Hamburg calling: Preceding the ‘Aviation and Space Regions’ day, the Supply Chain Excellence Initiative (an association of regional aerospace associations and clusters, BDLI and SPACE) chose the Hanseatic city for its 5th SCE Forum on September 19.

Aerospace 40

Aerospace Procurement Analytics Industrial Industry 40

ivalua

MARCH 18, 2021

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility). The Ivalua solution empowers us to deliver value to CPOs throughout Belgium”.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Purchasing Skills Sourcing Strategies 130

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 303

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 303

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 75

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 75

Supply Chain Game Changer

JUNE 17, 2020

As an extension to the co-operative, electronic buy-sell exchanges should be set-up for commercial transactions among its members and non-members. These exchanges should be created using similar concepts as the Health Information Exchanges. Imagine concocting precious and valuable commodities, from all things… achem… fertilizer!

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. | Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

SupplyOn

JULY 17, 2018

This is mainly due to the advantages that result from digitized processes: Since technical drawing data and other relevant information can also be exchanged via SupplyOn, a clear version management is automatically created – so far one of the biggest challenges in day-to-day cooperation in project business with suppliers.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Optimization Software 40

Supply Chain Game Changer

NOVEMBER 17, 2018

The first huge project I was part of at Dell was our transformation from paper documents in the computer boxes for businesses to what we called E-Docs for electronic documentation. We restructured all of the documents and created one of the first service-oriented websites so all of the information was available on line.

Gartner 74

Gartner Manufacturing Procurement Optimal Sourcing Supply Chain Software 74

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Jaggaer

OCTOBER 6, 2020

And not least, double-digit cost savings on our electronic sourcing bid events.”. Scott Schlotthauer Chief Procurement Officer Oklahoma State University. What he observed was a smoothly running system, thanks to the JAGGAER procure-to-pay solution the university had been using for about two years. “I Paperless at the O.K.

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Cost Reduction Strategies Sourcing 52

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. Business Process Outsourcing. Customer Service. Finance & Accounting.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Infosys Supply Chain Management

DECEMBER 31, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. My guest commentary comes at the end of December as the early indicators from the 2012 surge holiday buying period already point to yet another set of significant learning for global retailers. Customer Service.

Supply Chain Planning Software 24

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 24

Infosys Supply Chain Management

JANUARY 31, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In his previous blog , my colleague Amit Ambekar had talked about various payment types such as Cash on Delivery, Layaway and Buy Now Pay Later. Business Process Outsourcing. Customer Service. Finance & Accounting.

Supply Chain Planning Software 22

Supply Chain Planning Software Agile and Lean Supply Chain Manufacturing Procurement Pharmaceutical 22

OptiProERP

NOVEMBER 3, 2022

They also would like to automate the purchase order process and vendor management. As goods are received, inventory levels automatically update, and purchasing is notified immediately. Purchasing is using intuitive dashboards to track vendor performance in real time. Everyone works from the same information.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Manufacturing 52

SYSPRO Smarter ERP

DECEMBER 11, 2023

An ERP solution can integrate with other systems and would enable companies to connect and manage the complex network of information and equipment. An ERP system allows organizations to get information to departments and decision-makers wherever they are at a faster rate.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 97

Precoro

SEPTEMBER 18, 2023

Expense reports tell accounting departments how much to reimburse employees for their purchases, but they also help companies track overall business spending. Such payments typically remain the same whenever an employee buys goods or renders services. Such costs can include, for instance, insurance payments, rent, or office supplies.

Expense Reduction 105

Expense Reduction Procurement Analytics Report Procurement Solutions 105

Infosys Supply Chain Management

NOVEMBER 16, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools.

Eliminating Excel in Purchasing 24

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 24