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 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. Registration is the first step in supplier management.

Negotiate Pricing 132

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 132

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 116

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 116

Precoro

FEBRUARY 26, 2025

They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers.   Keep reading to learn: What Is ERP in Procurement? Frequently Asked Questions What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 105

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 21

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 21

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Is Procurement drowning in data?

Optimal Sourcing 101

Optimal Sourcing Procurement Data Supply Chain Planning Software 101

Logistics Bureau

NOVEMBER 3, 2024

That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

NC State SCRC

APRIL 30, 2025

Many of the managers I speak with are buying into the application of artificial intelligence in the workplace, but often struggle to identify specific processes that are best suited for AI.I Challenges with AI One of the biggest challenges I hear from managers are the worries around security risks. This will be changing soon.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Demand Planning Software Analytics Software 52

ivalua

DECEMBER 5, 2019

Exclusive VIP Event for Procurement and Supply Chain Leaders at the Royal Lancaster Hotel in London. As the pressure to innovate increases, procurement professionals need to be able to quickly identify areas for innovation and effectively engage internal stakeholders and suppliers on new product development. 17:30 – 18:00.

Procurement Solutions 20

Procurement Solutions Eliminating Excel in Purchasing Optimal Sourcing Supply Chain Network Software 20

Jaggaer

SEPTEMBER 11, 2020

Now, as companies start to seek, and create competitive advantages, the procurement function is in the spotlight. Typically, resistant to change and reliant on manual methods, procurement departments tend to be slow when adapt ing to technological developments. Priming Procurement for Intelligent Digital Transformation .

Procurement 86

Procurement Sourcing Strategies Supply Chain Network Software Supply Chain Design Software 86

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. When: Moving the Point of Data Collection.

Optimal Sourcing 133

Optimal Sourcing Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing 133

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

ThroughPut

JUNE 2, 2025

MRO Teams: MRO teams must coordinate with suppliers, manage global logistics, and ensure that spare parts are available across dispersed locations. They are also responsible for data integrity, vendor management, and aligning with enterprise sustainability initiatives. ThroughPut.ai

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Vendor Strategies 52

HICX Solutions

MARCH 17, 2020

The continued growth in the adoption of procurement-to-pay (P2P) or source-to-settle (S2S) suites in the last few years is testament to the significant value they deliver to procurement teams in businesses of all sizes. This has significant implications for who can add or modify what data relating to the supplier.

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

Unleashed

SEPTEMBER 2, 2024

Purchase order (PO) systems are software tools that help you manage the end-to-end purchase order process. They streamline procurement workflows by automating key tasks such as purchase order creation, approval, distribution, and tracking. What is a purchase order system? How do purchase order systems work?

Procurement Solutions 52

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

Jaggaer

DECEMBER 13, 2024

Procure-to-pay i s a specific subdivision of the procurement pr ocess. Whereas source-to-contract describe s upstream processes, includ ing sourcing and contract management, procure-to-pay refers to the downstream activities involved in actually acquiring goods and services. What is a procure -to-pay solution ?

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Negotiating Skills 52

HICX Solutions

JUNE 24, 2022

Prominent members of the procurement community discuss why we should care about the supplier’s experience, at last week’s World Procurement Congress. As the name suggests, SXM is about managing the experience that suppliers have in working with buying organizations. It’s simply confusing as a supplier.

Procurement 52

Procurement Eliminating Excel in Purchasing Purchasing Skills Price Reduction 52

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. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Supply Chain Game Changer

JUNE 10, 2020

Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.) Why it’s important to rate suppliers.

Procurement Solutions 72

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 72

Precoro

JUNE 6, 2022

Suppliers are placed at the supply chain's beginning and provide goods or services to the companies for further processing. Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Tips for Building Quality Relationships with Vendors and Suppliers.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. Introduction. Under Review. Evaluation.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

Supply Chain Movement

AUGUST 14, 2014

In this edition: Marion Kohlmeier, Head of supply chain planning and project purchasing at Weidmann Plastics Technology. Weidmann Plastics Technology is part of the Techniplas Group and I am responsible for three teams: Logistics planning; pre-series scheduling; and project purchasing. The third team is project purchasing.

Negotiating Skills 87

Negotiating Skills Negotiate Pricing Purchasing Skills Supply Chain Planning Software 87

Proxima

FEBRUARY 6, 2020

This is important because today’s consumers care, as they quickly leap from brand to brand, they’re buying the change they wish to see in the world. Avoid greenwashing campaigns Although consumers want to buy better, often their only source of information are the claims from the company. And so what for retail procurement?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Retail Optimal Sourcing Supply Chain Design Software 52

ThroughPut

OCTOBER 18, 2024

The platform at present provides a unified network to 85,000+ brands, suppliers, manufacturers, retailers, logistics providers, and banks for supply chain orchestration from source to delivery. The SCM tool helps foster collaboration across the ecosystem. The software specializes in auto parts sourcing across all models and markets.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 52

QAD

OCTOBER 5, 2021

For QAD Adaptive ERP and QAD Adaptive Applications, the latest enhancements putting manufacturers on the path to becoming Adaptive Manufacturing Enterprises include: Effective Enterprise Management. As a result, customers will improve efficiency with easier scenario planning and an intuitive integration with Excel.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

EcoVadis

JUNE 13, 2019

Now in our sixth year supporting the SPLC, it did not disappoint: This was the strongest and the most diverse gathering of committed and capable practitioners we’ve ever seen in North America — it felt like a real groundswell of action on sustainable purchasing! Strong Focus on Supplier Practices, and Private Sector.

Procurement Solutions 40

Procurement Solutions Eliminating Excel in Purchasing Material Savings Purchasing Skills 40

Supply Chain Movement

DECEMBER 17, 2014

Supply Chain Management & Optimization Conference. eWorld Purchasing & Supply. 9th Edition Global Procurement and Supply Chain Management for the Oil and Gas Industry. Supplier Management Excellence. WB Research. 18 February. Vector Event. Multimodal Europe. Eurologistics. Revolution.

Gartner 107

Gartner Supply Chain Strategy Supply Chain Planning Supply Chain Optimization 107

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. procurement activities. procurement activities. And how do these benefits accrue?

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Procurement Analytics Purchasing Skills 60

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. The difference between failure and success. So we get this cycle of data, information, knowledge and wisdom.”.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

Supply Chain Game Changer

JUNE 2, 2020

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. Several articles and reference books have highlighted Joe’s procurement transformation accomplishments at Lucent Technologies, Juniper Networks, and in the area of Supply Chain Risk Management.

Sourcing Strategies 71

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 71

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Developed a process of excellence in supply chain collaboration. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success. Procurement costs. Inadequate inventory management. Inventory and storage costs.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 111

Supply Chain Game Changer

AUGUST 15, 2019

It’s vital, then, to use a consistent Supplier Management system to vet excellent suppliers and secure the ones that will help your brand to stay strong. When your Supplier Management process is standardized, you can quickly run it again and again, vetting more suppliers more quickly.

Negotiate Pricing 75

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 75

SCMDOJO

FEBRUARY 29, 2024

Standalone metrics of metrics borrowed from other companies have a low chance of success because : They are not part of an overall supply management program. They do not relate to any overall company procurement goals and objectives. Others will have a purchasing or supplier management board at the senior management level.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84