SCMDOJO

APRIL 20, 2023

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. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. The Purpose of the Procurement Department The procurement department adds value to an organization by obtaining quality goods and services at competitive prices.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Game Changer

JANUARY 20, 2022

The platform has risen enormously in recent years, and so has people’s skepticism, questioning the possible risks of buying from AliExpress. It’s a big benefit when buying from AliExpress. It’s also worth noting that Chinese citizens can’t buy directly from AliExpress. Is AliExpress Safe?

Purchasing Skills 96

Purchasing Skills Negotiate Pricing Negotiating Skills Buyer Training 96

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Anticipate and react to market volatility and price changes. Segment your suppliers.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain Game Changer

JANUARY 9, 2019

The Negotiation Before the Negotiation! Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Check out this list of 25 Procurement and Purchasing questions and answers. You have easy access to price data points for comparison. Subscribe Here!

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. This helps diversify the supply chain, reduce over-reliance on critical suppliers, and mitigate risks.

Predictive Analytics Software 97

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 97

Supply Chain Shaman

SEPTEMBER 13, 2021

There is no true end-to-end solution that enables bi-directional orchestration across deliver, make, and source processes. The optimization routines single thread through functions not enabling trade-offs across source, make, and deliver. Evaluate network design options to simplify sourcing and reduce the number of platforms.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

SCMDOJO

JANUARY 17, 2024

A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. They are in charge of purchasing, procurement, and sourcing.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

Supply Chain Game Changer

AUGUST 15, 2019

Strategic Supplier Relationship Management – Do’s and Don’ts. Does your business rely on at least one supplier? Or do you need multiple suppliers in order to perform your daily operations? Either way the quality, reliability, and value for cost of your suppliers is crucial to your organization’s success.

Negotiate Pricing 58

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 58

Precoro

FEBRUARY 27, 2023

Spend analysis is extremely useful for companies looking to optimize their business processes because it highlights issues like unidentified, duplicate, and late payments, unnecessary department spending, supplier price discrepancies, redundancies, unfavorable contract and payment terms, and more. Informed means armed!

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Unleashed

FEBRUARY 9, 2023

This guide outlines how to set up an Amazon wholesaling business from scratch, including how to source products, manage stock, and grow your store. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace. How does Amazon wholesaling work? Over-reliance.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. What is Strategic Sourcing? Strategic Sourcing does exactly the same by addressing the total cost.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

Supply Chain Shaman

MAY 21, 2013

Originally healthcare suppliers sold to physicians. At the dawn of the decade, the supplier had the power. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. Suppliers now have a dance partner. It is now shifting again.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

ivalua

APRIL 11, 2022

Canadian-based TELUS implements Ivalua’s EPS solution to digitize the entire end-user buying process. This exciting project provides TELUS’ employees with the ability to purchase everything they need to support their business through an easy-to-use and optimized procurement experience, ” said Dan Amzallag, COO of Ivalua.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Canada Purchasing Skills 130

Kinaxis

JUNE 24, 2015

I remember starting in supply chain many years ago in procurement, negotiating pricing and managing suppliers. At the beginning, about a month after I had placed a large purchase order I was approached by accounting. This includes your vertical and horizontal supply chain, including key suppliers.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Forecasting Software Demand Planning Software 100

Resilinc

OCTOBER 18, 2022

Because copper is especially sensitive to global economic expectations, copper prices are currently 30% below the highs they reached in H1 2021 and at their lowest levels since November 2020, according to WSJ. But low commodity prices and high interest rates will make equity and debt for new or renovated mines more challenging.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Negotiate Pricing Chile 62

Precoro

MARCH 30, 2022

The term procurement strategy refers to a long-term plan to build strategic relationships with competitive suppliers to acquire the necessary goods and services of the best quality in a specific cost range and have them delivered on time. A procurement strategy defines how purchasing decisions are made. Risk Management.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. To mitigate the associated risks, these challenges of raw material inventory management must be met with strategic planning, effective inventory management, and strong supplier relationships.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

DECEMBER 6, 2021

It should also be able to monitor suppliers, the reverse supply chain (i.e. Equipping your floor staff with barcode scanners can drastically increase the accuracy of your stock data, giving you a more reliable source of information for the location and expiry of products, as well as where they should be going next. split shipments). ?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Precoro

APRIL 6, 2022

In short, cloud computing allows accessing different IT resources via the Internet with pay-as-you-use pricing, rather than downloading them to your computer’s hard drive. All this functionality helps save costs, choose the best vendors, ensure compliance, appraise supplier risk, and streamline procure-to-pay cycle.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Supply Chain View from the Field

JANUARY 14, 2015

Companies such as Honeywell, Caterpillar, Procter and Gamble, GlaxoSmithKline, and others have made decisions to implement ERP systems across their end-to-end supply chains, from customer order management to supplier collaboration. And how do these benefits accrue? innovation, total cost of ownership improvements, etc.).

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

crisp

NOVEMBER 15, 2023

Consumer goods companies are increasingly embracing internal digital transformations to streamline operations, improve decision-making, and enhance supplier relationships. Retail data automation: build or buy? This is just for a single data source.

Negotiating Skills 52

Negotiating Skills Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies 52

ShipBob

AUGUST 23, 2023

Consignment inventory When the suppliers, and not the sellers, own and manage the shipping of goods inventory, it’s called consignment inventory. Global supply chain complexities Supply chain management is non-negotiable when it comes to inventory sourcing or sales.

Inventory Management Software 52

Inventory Management Software Modeling Software Optimization Software Predictive Analytics Software 52

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Access to data on supplier performance, market trends, and cost analyses enables leaders to optimize procurement strategies for improved efficiency and effectiveness.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Claritum

AUGUST 4, 2020

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. function.Focused purely on moving purchase transactions though the. The focus should be on automating the buying process from a. needed on the flow of purchasing transactions.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. To coordinate, contracts can be made with direct links in the supply chain, but how can organizations coordinate with the suppliers’ suppliers or the customers’ customers?

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Claritum

NOVEMBER 16, 2018

Focus Procurement on supplier optimisation. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. The focus should be on automating the buying process from a user/departmental perspective. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Shaman

DECEMBER 4, 2018

In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. The company has over 7,000 suppliers and provides industrial automation and information products to a variety of industries in over 80 countries. However, localized sourcing shortened leadtimes and improve responsiveness.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

OptiProERP

JANUARY 17, 2023

It allows you to communicate with suppliers in real time about capacity, forecasts, and orders. Suppliers can log into a portal to see purchase orders at any time, and the supply chain module can monitor how suppliers are performing. They can provide multiple perspectives, and can export to Excel. Job Costing.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Supply Chain Game Changer

MARCH 6, 2019

But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Game Changer

DECEMBER 3, 2019

First I would talk with the 3 main people in charge of the Inventory Management and Procurement buying functions within the company. They were responsible for negotiating contracts, pricing, terms and conditions, and selecting/managing suppliers. The Buying team was also highly decentralized with little formal oversight.

Inventory Reduction 56

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 56

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Competitive advantage: When it comes to making a purchase , customers usually have several options to choose from.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

NC State SCRC

FEBRUARY 25, 2021

A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and/or realize stronger sales margins. Once again, we return to the observation that supply chain executives are generally rewarded based on one directive: Buy it cheaper, from anywhere and anybody, under any circumstances.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Purchasing Skills 45