Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

My Office Apps

JANUARY 16, 2024

Start Your Year with Cloud-Based ERP: The Ultimate Guide to Operational Excellence Begin your year on a transformative note by embracing the power of Cloud-Based Enterprise Resource Planning (ERP) systems. Operational Excellence with Cloud-Based ERP Procurement Management Efficiently manage your procurement processes with ERP.

Optimal Sourcing 84

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics 84

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace. Basic Responsibilities.

Manufacturing Procurement 93

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 93

Logistics Viewpoints

JUNE 8, 2023

However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations. The High Cost of Ignoring Delivery Optimization Failing to utilize technology for optimizing delivery processes comes with a steep price.

Modeling Software 203

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 203

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Logistics software is your ace in the hand, before, during and after the peaks.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

Supply Chain Shaman

JUNE 28, 2021

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. The group needed a clear market signal on consumption patterns and the translation of demand with minimal latency to optimize price, mix, and schedule the factory to manage margin. To illustrate, let me share a story.

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 245

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The percentage of purchased goods emissions by suppliers with science-based targets.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

SCMDOJO

MARCH 27, 2024

Hence, leveraging the right technological tools becomes not only beneficial. It is also a means to maintain a competitive edge and operational excellence. This comprehensive guide highlights software that stands out. For each recommended software, we will delve into the key features that set it apart.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Logistics Viewpoints

DECEMBER 12, 2022

Myers Industries Implements John Galt Solutions. They also are also one of the largest distributor in the US of tools, equipment and supplies for the tire and wheel service industry. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 200

Supply Chain Shaman

FEBRUARY 1, 2024

His comments are the same–he feels that I identify problems but do not adequately define the solutions. This is why I host training twice a year to challenge existing technology paradigms. He feels that based on his years of experience with a software provider, he has a whizzbang technology. He wants answers. Back to John.

Supply Chain Planning Software 357

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 357

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. What is procure-to-pay? a driverless car). a driverless car).

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Note the lack of training on next-generation supply chain thinking in Figure 1. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 322

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 322

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. Coupa also offers a robust, market share leading, supply chain design solution.

Supply Chain Design Software 201

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 201

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. According to Techjury , 67% of enterprise infrastructure is cloud-based, and 81% of all enterprises have a multi-cloud strategy already laid out.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Synovos

NOVEMBER 10, 2023

The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Why RFIs Fall Short .

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! 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.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have?

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?”

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

Supply Chain Shaman

APRIL 9, 2021

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. This included one-number forecasting, Integrated Business Planning (with tight integration to the budget), labor arbitrage strategies (chasing low-cost labor with extended supply chains), and tax-efficient supply chain strategies.

Supply Chain Planning Software 367

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 367

QAD

FEBRUARY 29, 2024

In the dynamic world of manufacturing, the quest for operational excellence is unending. QAD’s Industrial Transformation Platform At the heart of QAD’s solution portfolio is the Industrial Transformation Platform , designed to empower manufacturing and supply chain enterprises to become Adaptive Enterprises.

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Procurement Solutions 86

Locus

OCTOBER 7, 2022

It also showed that 80% of consumers are willing to pay higher prices for same-day deliveries. Technology solutions for last-mile fulfillment have emerged as the quickest, most practical way to meet these steep consumer demands. Below are key takeaways from the session “ Buy vs Build? Holistically consider the costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Demand Planning Software Procurement Solutions Eliminating Excel in Purchasing 52

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. What is a B2B CRM strategy?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). Discover what it entails, how it operates, and best practices to optimize its implementation. We can observe American VBP programs as examples of how value-based purchasing can change the healthcare landscape.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Supply Chain Shaman

APRIL 16, 2024

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Replatforming Current Planning Solutions. Their messaging is generally to an IT audience, assuming that the current definition of the solution footprint (taxonomy) is sufficient.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Logistics Viewpoints

APRIL 21, 2022

On one hand, consumers expect to increase their online purchases post-pandemic. Retailers and delivery services companies that can break through today’s cycle of mediocre home delivery performance stand an excellent chance of improving customer loyalty and growing market share. Here are three charts that paint the whole picture.

Optimal Sourcing 209

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 209

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. They also want excellent service, which includes fast, increasingly on-demand delivery and hassle-free cancellation and returns.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

ToolsGroup

JULY 6, 2021

Selecting and implementing a new supply chain solution is a risky career move for any supply chain manager. The wrong solution can cost the company millions and cost the manager their job. You may be smirking right now wondering about the validity of a supply chain software company singing the praises of a POC.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Procurement Solutions Modeling Software 156

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

DELMIA Quintiq

DECEMBER 2, 2019

Grocery retailers that want to excel in this space — while protecting their bottom line — need to optimize their logistics planning. The battleground to win shoppers has moved from in-store aisles to the digital space, where shoppers can easily search for products and compare prices. Here’s why: A constantly evolving landscape.

Eliminating Excel in Purchasing 156

Eliminating Excel in Purchasing Supply Chain Planning Software Purchasing Skills How To 156

Enterra Insights

DECEMBER 4, 2019

For online retailers and retailers with an omnichannel strategy, it’s probably good news. ” The importance of a “digital first” strategy. Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop. The solution?

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72