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. The same is true of Procurement solutions: the abilities – and limits – of the technology play a key role in shaping buyers’ expectations of their own abilities.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

Talking Logistics

DECEMBER 4, 2017

When it comes to electronic ordering, real-time order visibility, and the use of mobile apps and technology, Domino’s Pizza is much further up the supply chain maturity curve (see video demonstrating Domino’s Tracker app ). Streamline, automate, and compress Order-to-Cash and Procure-to-Pay processes.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. SRM and online inventory management enable businesses to track suppliers and gather vital data to easily verify supplier information, identify potential supplier risks, and track performance. Partnership.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

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. Subscribe Here! Email Address. Need I say more?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

EcoVadis

OCTOBER 17, 2017

A significant amount of waste – including flame retardants and gas pollutants – is generated during the manufacturing process of electronic components, which is hazardous to both plant workers and the environment if not handled and disposed of properly. million metric tons this year. The challenges are only growing.

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Precoro

MARCH 11, 2024

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. Payment reform Providers are incentivized via financial rewards or penalties to improve performance on the above-mentioned metrics.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Unleashed

MARCH 16, 2021

Creating procurement policies and procedures. There are many different needs a business has, from simple operational requests, such as a renewal for software – to the more complex, like the procurement of parts in order to manufacture a new product. This may be done electronically, or manually with appropriate paperwork.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

Hybrent

MARCH 6, 2019

It contains a wealth of information about vendors, and it digitizes and automates many processes that are still analog and manual in nature. Electronic Procurement. This allows you to access metrics and detailed spend analysis quickly and easily, allowing you to gain insights and make decisions to optimize your business.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

Supply Chain Game Changer

OCTOBER 8, 2019

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Why Disintermediate the Supply Chain? Conclusion.

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

SupplyShift

MAY 27, 2021

With the former, you might collect information on your suppliers’ maturity and general emissions profile to help them make targeted reductions. Elevate the Role of Procurement. At PMI, procurement represents a spend of $10 billion, which covers a base of over 34,000 suppliers across a variety of industries, from paper to electronics.

Resource Reduction 52

Resource Reduction Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

NOVEMBER 24, 2023

Inventory segmentation ensures that each product is placed and managed according to specific metrics, creating a streamlined path from shelf to shipment. Inventory segmentation provides the data-driven insights needed for informed decision-making. These metrics are crucial in determining your segmentation approach.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Hybrent

MARCH 6, 2019

It contains a wealth of information about vendors, and it digitizes and automates many processes that are still analog and manual in nature. Electronic Procurement. This allows you to access metrics and detailed spend analysis quickly and easily, allowing you to gain insights and make decisions to optimize your business.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

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

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. High Tech & Electronics. Consumer Products. Food & Beverage.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

MIT Supply Chain

NOVEMBER 5, 2020

A leading electronics manufacturer represented at the roundtable achieved productivity increases of 30–40% by using RPA to automate last-mile delivery processes. Fielding customer queries about the status of orders was reduced from up to 24 hours to around five minutes by using a bot to retrieve and send the relevant information to buyers.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 52

EcoVadis

NOVEMBER 5, 2017

Bringing Circular Economy (CE) into the Information and Communication Technology (ICT) industry effectively targets two major fields: products and equipment (waste and consumption) and internal operations and networks (energy and data). Integrating Circular Economy Principles In Procurement.

Supply Chain Design Software 60

Supply Chain Design Software Optimal Sourcing Supply Chain Network Software Sourcing Strategies 60

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. It provides a centralised platform for tracking stock levels, managing product information, and handling order processes.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Cathy Roberson

APRIL 6, 2022

You need to know the business impact of that information. Electronic proofs of delivery, visibility to returns. Integrations are 🔑 (And no one loves salesforce)” - Miles J. Add to that sustainability visibility. It's not enough to know where stuff is and where it's going. Milestone updates is chips to get in the game.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Supply Chain Game Changer

NOVEMBER 12, 2018

The responsibilities, metrics, skills, strategies and mandates for each function can cause people to put their functional focus ahead of the greater company objectives. Information Technology (IT). Procurement #SCM #SupplyChain #HumanResources #Business #Leadership. © Copyright Mortson Enterprises Inc, 2018.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 43

SupplyShift

MAY 27, 2021

With the former, you might collect information on your suppliers’ maturity and general emissions profile to help them make targeted reductions. In short, having a strategy in hand will not only inform what data you need and how you might gather that data, but it will also ensure that the Scope 3 data you collect from suppliers is actionable.

Resource Reduction 40

Resource Reduction Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software 40

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

SupplyOn

NOVEMBER 19, 2019

A scientific survey details the positive effects of electronic invoicing for the invoice’s issuer and the recipient Despite all the buzz over catchwords like Industry 4.0, automation and digital transformation, when it comes to invoicing, we still live in a mainly analogue, non-electronic, non-automated world.

Electronics 40

Electronics Survey Optimal Sourcing How To 40

E2open

NOVEMBER 30, 2017

This ensures that you have the most accurate picture of demand each time you make a supply decision regardless of the lead time – whether it is an immediate activity like replenishment (3-day), a mid-term activity like ordering ingredients or components (16-day), or procuring longer-lead items like for packaging (45-day). Aerospace & Defense.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Supply Chain Shaman

SEPTEMBER 17, 2015

The atoms and electrons of the supply chain are changing. He reflected on his emotions when his CEO threw down a Harvard Business Review article on Big Data and customer-centric sentiment/social information and asked Anthony how he was going to do it. 3D printing. The Internet of Things. The list goes on and on.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150

GlobalTranz

APRIL 6, 2017

Performance is a handy metric to measure. Define your requirements and how you intend to procure your upgrade. When support wanes, due to obsolescence and lack of spare parts, or if the vendor withdraws active support for your system, the cost of your business increases. You need to lock these decisions down before you go shopping.

Manufacturing Procurement 174

Manufacturing Procurement Manufacturing Vendor Strategies Expense Reduction 174

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. Get OUR EBOOKS HERE. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

The Network Effect

OCTOBER 3, 2014

Electronic communication between suppliers and customers (zero latency preferred). Demand analytics around EDI transaction sets 830, 862, 866, as well as any web-based electronic communication. From a measurement perspective the key trending metrics at a high level include: Supplier on time delivery. Supplier ASN compliance.

Supply Chain Network Software 196

Supply Chain Network Software Automotive Modeling Software Supply and Demand 196

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 122

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 122

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. Amazon controls all their customer information. Bob Ferrari: Thank you, Mary. It’s a pleasure to join you. Mary Vasile: Pleasure to have you! So let’s start with some of the basics.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

Talking Logistics

DECEMBER 12, 2013

With constantly changing markets and rates, procuring and maintaining the best possible rates can be a nightmare. Your TMS will collect the necessary information to create the import and export documents and then submit them electronically to the appropriate government agencies. How do you manage carrier invoices?

Optimal Sourcing 100

Optimal Sourcing Analytics Software Optimization Software Modeling Software 100

Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Optimal Sourcing 50

Optimal Sourcing Cost Reduction Strategies Vendor Strategies Procurement 50

Unleashed

JUNE 20, 2023

But monitoring the cash conversion cycle metric can help businesses save themselves from this fate before it’s too late. Hypothetical examples of times a business might end up with too much inventory: In the electronics sector: One brand might release a new smartphone, only to be scuppered by a competitor release soon afterwards.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Inventory 52

Logistics Bureau

DECEMBER 20, 2021

After reading, you will be better informed about the most appropriate KPIs for IM and know the more commonly used ones. The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. The inventory turns KPI is the metric that provides this information.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

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

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In addition, 46% of the companies deemed “most innovative” in the study reported having 80-100% electronic connectivity with their trading partners. [4]

Agile and Lean Supply Chain 88

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 88

HICX Solutions

MARCH 3, 2022

In our latest webinar, in association with Procurement Leaders and featuring Costas Xyloyiannis (CEO, HICX) and Jerry Grable (Director eBusiness, BAE Systems ), we discuss a range of use cases that illustrate specifically how supplier data drives resilience, visibility and value. Supplier data harmonization.

Data 52

Data Sourcing Strategies Optimal Sourcing Analytics Software 52