The Logistics & Supply Chain Management Society

JULY 16, 2023

Also Malaysia has dedicated halal parks, 22 in total, supported by halal park guidelines and incentives. The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Jaggaer

JUNE 25, 2025

Each of them has a role to play in procurement, but it’s important to understand the differences between them to ensure that you apply the right tool for the right job. In such applications it classifies transactions or supplier behaviors as “fraudulent” or “normal” by identifying anomalies in invoices, purchase orders, or payment patterns.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Design Software Modeling Software Forecasting Software 52

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

EcoVadis

JULY 25, 2017

Rated by the coverage and magnitude of impact, hereunder are four initiatives that are considered as major milestones of Hong Kong’s sustainability effort : Climate Action Plan 2030+, ESG Reporting as a Listing Rule under Stock Exchange Hong Kong (SEHK), Green Procurement Initiative by the Hong Kong Government, and. Climate Action Plan 2030+.

Material Savings 72

Material Savings Sustainability Resource Reduction Procurement Analytics 72

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 98

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 98

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

NC State SCRC

MAY 1, 2020

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. The payment term was shifted with no prior notice.

Bangladesh 59

Bangladesh Apparel Supply Chain Planning Supply Chain 59

Jaggaer

MAY 24, 2019

A lack of transparency in the procurement of outsourced services can also lead to a number of other challenges, putting banks at risk for corruption and fraud. . What do the new EBA Guidelines for managing outsourcing risk look like? . What Other Industries Can Learn from The EBA Outsourcing Guidelines .

Procurement Solutions 40

Procurement Solutions Guidelines Optimal Sourcing Procurement Analytics 40

Jaggaer

SEPTEMBER 1, 2020

When procurement thinks about why they might implement a category management pro cess , the reasons that come to mind are likely to involve more effective management of spend or having increased time to invest in strategic supplier relationships. That said, procurement should emphasize the right kind of savings.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Procurement Solutions 52

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 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

Precoro

APRIL 24, 2023

And to do so, an excellent supplier onboarding process is needed. Reduces maverick spending Maverick spending refers to off-contract purchases from non-preferred suppliers. The set of requirements will depend on the company's goals and policies, industry, and the type of products or services being purchased.

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

SYSPRO Smarter ERP

DECEMBER 11, 2023

Customer relationship management and service Excellent customer service is a key requirement for renewable energy companies. Procurement processes can be streamlined to minimize the risk of overstocking in the warehouse when orders for items and parts are placed.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

6 River Systems

JUNE 10, 2019

Now it is only a matter of test buying products through unauthorized channels to recognize where the supply chain leakage is coming from. So I asked, “How about we make our employee the number #1 and fortify them better to radiate excellence to the customer as transferred effect?” Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. In a manufacturing setting, this step involves the purchasing of raw materials and production equipment.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.

Supply Chain Planning Software 98

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 98

Infosys Supply Chain Management

JANUARY 15, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Word of caution to follow is not to get terrorized by the quantum of guidelines, methodologies etc. Supply Excellence. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

Expense Reduction 39

Expense Reduction Agile and Lean Supply Chain Pharmaceutical Supply Chain Strategy 39

Precoro

MARCH 14, 2025

Although digital procurement solutions have been on the rise for the last decade, there’s still one thing that plagues every company’s purchasing process—and it’s called maverick spend. According to the American Productivity & Quality Center (APQC), maverick buying accounted for 1.8%

Material Savings 45

Material Savings Vendor Strategies Expense Reduction Price Reduction 45

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. By formulating effective business policies, agreements and business plans that an enterprise can use to establish guidelines and rules for exchange of information with supply chain partners can help assuage those barriers.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 27

Precoro

MAY 6, 2024

Invoice tracking is crucial for purchasing companies that want to stay on top of payments and avoid paying penalty fees. This involves storing invoices, purchase orders, receipts, and other relevant documents in an organized manner for easy retrieval and reference. Plus, it enables buyers to capitalize on early payment discounts.

Procurement Solutions 105

Procurement Solutions Forecasting Software Optimization Software Procurement Analytics 105

Infosys Supply Chain Management

JANUARY 13, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The non-critical parts are planned in ECC with the assumption that the planning for these parts does not need advanced algorithms and the parts can be procured easily and quickly on a need basis. Customer Service.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain Pharmaceutical 26

Infosys Supply Chain Management

JUNE 26, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A growing core of what the Financial Times recently described as " belief system " companies have concurred that sustainability practices add to positive customer buying perceptions as well as bottom-line results.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply Chain Software Sustainability Optimal Sourcing 26

Supply Chain Trend

DECEMBER 13, 2016

Currently as the Director of Supply Chain for Newell Brands Applied Materials, he oversees the SIOP process, production planning, procurement, warehousing, and logistics for servicing big box retailers including Walmart, Lowe’s, and The Home Depot. I have purchased the E-Book myself and truly enjoyed it. . Just keep moving forward.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Precoro

MARCH 21, 2025

RFI procurement helps address it.   So, if you're tired of being left on read by vendors, it's time to break down the RFI meaning in procurement on a deeper level, explore templates and real cases, and finally scale up your RFI process.   RFI (Request for Information): Kicks off in the initial stages of procurement.

Procurement Solutions 45

Procurement Solutions Vendor Strategies Material Savings Modeling Software 45

Supply Chain Movement

MARCH 26, 2015

The procurement manager provides customer service support to DaVita employees for the purchase of products and services used in dialysis facilities and in business offices. Resolve issues teammates may have with vendors, products, purchase order processing. Assist with a variety of purchasing team projects and tasks as assigned.

Saudi Arabia 60

Saudi Arabia Purchasing Skills Negotiating Skills Purchasing Training 60

Precoro

FEBRUARY 13, 2023

The projection period can be a year, quarter, month, week, or even a day, as long as it’s recurrent and makes sense in terms of how much and how often a company makes purchases. Issue a budget manual with explanations of budget figures, forecast for income and spending, assumptions about the market, and supplier relationship guidelines.

Procurement Solutions 98

Procurement Solutions Forecasting Software Predictive Analytics Software Expense Reduction 98

Vinculum

MARCH 26, 2020

Customers these days prefer their product to display all the content one needs to know before making a purchase. In recent times, customers are preferring to flock to online shopping to buy what they require. An excellent catalog management system helps in supporting a large number of products and their information.

Analysis 52

Analysis Modeling Software Procurement Solutions Purchasing Skills 52

Elementum

DECEMBER 11, 2023

Whether it be in customer service, procurement, finance, or any other core business function, BPA has become a staple for businesses looking to optimize their operations and improve their overall performance. For instance, a company can employ BPM software to expand buy now, pay later purchase options, enhancing overall workflow.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

6 River Systems

JUNE 29, 2020

If you haven’t developed any KPIs or monitoring processes, start thinking through what measures define success or failure, and how Procurement can go about confirming a supplier stays on track. ” — Chadwick Stephens, 5 Ways to Improve Your Procurement Crisis Management , Procurement Pulse by NASPO; Twitter: @NASPOnews 30.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Requis

JULY 24, 2020

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. You’re going to need to buy more machinery, etc., In the procurement space, what I want to be able to assess is risk management. and so you have costs going up.”.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130

QAD

OCTOBER 7, 2021

Further up the supply chain, we saw disruptions in the agriculture and shipping sectors as workers became ill and workforces were forced to socially distance and adhere to new guidelines. Steve: I think that is an excellent point and really Lara, you have just covered all manufacturing and to a degree, society. That’s winemaking, too.

Supply Chain Design Software 98

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

Precoro

JANUARY 28, 2025

Would you assign the task of restocking your inventory or sourcing new materials to a supply chain manager or the procurement team? While many think these terms are interchangeable, procurement and supply chain management have interconnected yet different functions within a business. Scroll down to find out What is Procurement?

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Analytics Negotiating Skills 98

Precoro

NOVEMBER 25, 2024

Let’s be honest: managing procurement can feel like a juggling act — with pending requisitions, undelivered purchase orders, unpaid invoices, budget tracking, and stock transfers all in the mix. That’s where procurement reporting dashboards come in and let procurement managers see what’s really going on.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 105

Precoro

FEBRUARY 28, 2025

By bringing procurement and project management under one umbrella, businesses can streamline operations, speed delivery, and drive growth that lasts. This guide explores the benefits of project procurement management and outlines key steps for creating a Project Procurement Management Plan (PPMP) that drives business growth and innovation.

Procurement Analytics 45

Procurement Analytics Procurement Solutions Optimal Sourcing Manufacturing Procurement 45

Supply Chain Digest

JUNE 16, 2025

KEY POINT: For the most effective and reliable scanning, use published industry standards for specific guidelines for the dimensions of code height and quiet zones. Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article.

Supply Chain Design Software 47

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Modeling Software 47