Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

Supply Chain Matters

FEBRUARY 19, 2024

Supply Chain Matters highlights report that Volkswagen luxury branded vehicles were impounded by U.S. Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

QAD

AUGUST 16, 2022

Supplier visibility provides analytics and insights to inform your strategy. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. At the same time, procurement organizations can collaborate on accurate and current supplier intelligence.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 98

Supply Chain Matters

AUGUST 19, 2024

Supply Chain Matters highlights contract manufacturing services provider Foxconn ’s reported Q2-2024 financial performance in light of a broader strategy to diversify the company services beyond that of Apple. This report indicates that “ Foxconn has invested hundreds of millions of dollars in E.V.-related

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Negotiating Skills Purchasing Skills 52

Precoro

JULY 1, 2024

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

Purchasing Skills 105

Purchasing Skills Procurement Solutions Procurement Analytics Negotiate Pricing 105

EcoVadis

MAY 19, 2016

Procurement technology should make it easy to source ethically. Supply chain transparency is one of the key challenges facing Procurement and Sourcing in the coming years. Governments, consumers, and corporations are calling for new levels of supply chain transparency – and this is no easy task.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

Supply Chain Matters

AUGUST 9, 2024

According to reporting from The Wall Street Journal , the company has been leveraging strong demand for refrigerated warehousing since the Covid-19 pandemic began. Billion Michigan based Lineage Logistics LLC , which describes itself as “ the world’s largest global temperature-controlled warehouse REIT ,” reportedly raised $4.4

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

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. Ongoing relationship.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Optimal Sourcing 111

Supply Chain Matters

JULY 11, 2023

The Supply Chain Matters blog highlights Rivian Automotive’s reported operational performance in the latest quarter, but at the same time continued challenges in the months to come. Rivian will be reporting its Q2 financial results after the stock market close of business on August 8 th. billion as compared to $4.7 billion in 2021.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Supply Chain Matters

SEPTEMBER 18, 2023

Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Precoro

FEBRUARY 4, 2022

According to a Paystream 2018 Procurement Insights report, 80% of organizations still use manual or semi-digital tools to manage their procure-to-pay cycle. Most organizations are using the procurement module integrated with their ERP or accounting software. What is Procure to Pay? Procure-to-Pay Definition.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 98

RFgen

APRIL 30, 2024

Whereas perpetual inventory provides continuous insights, eliminating the guesswork and inaccuracies associated with manual counts and delayed reporting. Holding costs such as storage and insurance also go down. Regulatory Compliance and Reporting Many organizations operate in regulated markets.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 85

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. I define the digital supply chain as “rethinking the atoms and electrons of the supply chain to improve value.” How do we compete?” Now it is just data. ” This takes many forms.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

RFgen

AUGUST 14, 2017

If counterfeit electronic parts make it through the supply chain and into a mission-critical military asset, the potential for a worst-case scenario increases. These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.”

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported 50 value for February was up 0.9

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

SupplyOn

SEPTEMBER 25, 2018

Diehl Aviation redefines Purchasing and Supply Chain Dr. Franz Josef Kirschfink, Managing Director of Hamburg Aviation, welcomed the participants of the SCE Forum. Johannes Bloch, Senior Vice President Strategic Procurement at Diehl Aviation, presented Diehl’s future purchasing strategy.

Aerospace 40

Aerospace Procurement Analytics Industry Industrial 40

DynaSys

APRIL 14, 2021

And the avenues for consumer purchases have expanded as well. Technology, government regulations, geo-political factors and changing consumer preferences are complicating not only the supply chain but the very basic functions of every manufacturing business. The value chains of every industry have expanded. .

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 52

Unleashed

SEPTEMBER 3, 2023

If you’re buying or selling goods, you need to know what a purchase order is and how it works. Purchase orders enable easy and safe trading between suppliers and their customers – and provide traceability as ordered items pass through the supply chain. In this purchase order guide: What is a purchase order?

Procurement Solutions 52

Procurement Solutions Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Vinculum

NOVEMBER 1, 2020

Business to Government (B2G). however, Thailand procures remarkable atmospheric conditions for e-commerce. Registration – The first and foremost step is to get your company registered as a business via electronic medium. Method of payment for the purchase. Business to consumer (B2C). Consumer to consumer(C2C).

Thailand 52

Thailand Procurement Analytics Price Reduction Electronics 52

GlobalTranz

AUGUST 28, 2018

Manufacturers and shippers have a duty to ensure sustainability, reports Supply Chain Dive , and an effective sustainability program must consider what happens to products after their lifespan. Blockchain can ease concerns over returns processes, critical for returns in stores when purchased online, as defined by the contract.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

Vinculum

OCTOBER 26, 2020

What could be more fascinating than buying clothes, electronic gadgets, accessories, and any other essentials over the click of a button? When the payment method is not concurrent, there are fair chances of customers quitting the purchase through your portal. The best payment gateway in the UAE are as follows: Telr.

United Arab Emirates 52

United Arab Emirates UAE Optimal Sourcing Procurement Solutions 52

NC State SCRC

FEBRUARY 17, 2019

A number of potential solutions have been suggested with the rise of social media and e-markets, including provider and supplier consolidation, public websites documenting healthcare costs, reimbursement levels and integration with electronic medical records as part of its elements.

Negotiating Skills 53

Negotiating Skills Purchasing Skills Material Savings Negotiate Pricing 53

ivalua

SEPTEMBER 24, 2020

All too often, Invoice-to-Pay is seen as an isolated process, sitting on its own at the end of a procurement journey. The result of bringing these three steps together with data from the whole procurement journey is a seamless and almost touchless workflow that transforms accounts payable. What Are The Benefits of Invoice-to-Pay?

Optimal Sourcing 100

Optimal Sourcing Procurement Solutions Procurement Analytics Supply Chain Software 100

Supply Chain Game Changer

FEBRUARY 4, 2020

But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient? A course in Procurement, a course on Inventory management, a course in negotiation, and so on. Purchase orders were hand written. He proceeded to tell me about the courses the participants had taken.

Education 67

Education Negotiating Skills Supply Chain Design Software Supply Chain Planning Software 67

Supply Chain Game Changer

JULY 16, 2019

Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. Prior to joining the Procurement team I had neither understood nor appreciated the importance of Supplier Relationship management. suppliermanagement #procurement #purchasing.

Negotiating Skills 58

Negotiating Skills Negotiate Pricing Procurement Analytics Purchasing Skills 58

NC State SCRC

JUNE 15, 2021

Yung-Yun’s algorithm scanned tens of thousands of targeted news and company reports to develop the ratings in each category. Secondary data sources are published available databases, reports, websites, and so on. Category strategies are well communicated & drive local purchasing behavior & local supplier relationships.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. I had learned deep analytical skills, organizational and planning skills, learning abilities and more. Creating a High Performance Organization! Infographic).

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. The main player in the 1950s was the federal government. NAPM published a new magazine, Purchasing Magazine, in 1965. In one of the old article of SCMDOJO “ What is Supply Chain Management ?

Supply Chain Planning Software 134

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 134

Claritum

OCTOBER 12, 2018

Claritum Article - Procurement Blog. Defining the Perfect Procurement World. Achieving the perfect Procurement world. Are you a 2-dimensional or a 3-dimensional purchasing organisation? Automation for the 3-dimensional purchasing organisation. 2 Defining the perfect Procurement world. Introduction.

Negotiating Skills 47

Negotiating Skills Procurement Solutions Procurement Analytics Resource Reduction 47

Resilinc

MAY 31, 2022

Electrical machinery and electronics is Malaysia’s largest export category, and the nation of 33 million people is an important source of assembly, test, and packaging (ATP) for the semiconductor industry. But the country’s fourth and fifth largest export industries—palm oil ($15.4 billion in 2021) and rubber products ($13.9

Malaysia 62

Malaysia Purchasing Skills Sourcing Price Reduction 62

6 River Systems

JANUARY 10, 2019

Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. Secondary and contingent supplier planning. Building and maintaining relationships in your supply chain.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

Supply Chain Matters

AUGUST 23, 2023

Highlights of the new agreement include full time package van drivers garnering a reported annual compensation of $170,000 in pay and benefits. The consolidated operating margin in the quarter was reported as 12.6 reported for Q2 ending. per hour under the existing contract. percent with adjusted operating margin of 13.2

Negotiating Skills 52

Negotiating Skills Purchasing Training Purchasing Skills Buyer Training 52