Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

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 Many managers rely on trusted Excel spreadsheets, and this type of digital transformation will require significant training.In

Supply Chain Planning Software 52

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

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. That may still sound simple, but corporate purchasing, regardless of the commodities the buyer is responsible for, is anything but simple.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Managers utilize numerous dedicated tools to ensure the efficiency and simplicity of the procurement cycle and get real-time insights. Automation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

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

ivalua

DECEMBER 5, 2019

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. Peter Smith, Procurement Excellence Ltd & Co-founder of Spend Matters UK/Europe.

Procurement Solutions 20

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

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

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

Claritum

JULY 31, 2018

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. This status is where a supplier is engaged and test purchases are being made.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

HICX Solutions

MARCH 17, 2020

Exercising control of the procurement process enables businesses to achieve continuous cost savings, purchasing compliance and a level of automation of repeat processes in accounts payable. This has significant implications for who can add or modify what data relating to the supplier. Why does this matter?

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. It enables businesses to manage their procurement activities quickly and transparently, from requisition to payment. Let’s break them down.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 5/5 4.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 100

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

ivalua

APRIL 1, 2019

Even when a spend analysis solution is kept up to date, the supplier information in it accompanies the dollars themselves and the details about what was purchased, when and by whom. It does not tell us much about the suppliers. Instead, it tells us about our own purchasing habits.

Optimal Sourcing 133

Optimal Sourcing Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing 133

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. Start doing supplier management now.

Eliminating Excel in Purchasing 52

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

Unleashed

NOVEMBER 29, 2021

Additionally, if you’re forecasting future demand, you can purchase new inventory to match reality – so there’s less chance you’ll stock out, or buy too much. Streamline processes : Inventory management practices reduce not just product waste, but time wasting too.

Inventory Management Software 98

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

Supply Chain Movement

JULY 23, 2024

Good communication A good korfball team excels in good communication. Female players At a company where I recently carried out a project, it turned out that several inventory planners and supplier managers were mainly busy with moving placed purchase orders forwards or back – without consulting each other, but driven by SAP.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Netherlands Eliminating Excel in Purchasing 78

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. Order Processing ERP procurement systems digitize the entire order process, from purchase order creation to invoicing and payments.

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

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

Precoro

JULY 15, 2024

The CPO leads the company's acquisition programs and ensures that they are purchasing goods and contracting services on time and in a cost efficient way. 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

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

synchrono

OCTOBER 30, 2017

Successful projects start with buy-in from the top and an eKanban initiative is no exception. Let your leaders know project success is accelerated through gaining universal buy-in. (If Corporate leadership sponsored and evangelized the project, but we still needed buy-in at the local plant level.

Inventory Reduction 38

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 38

Supply Chain Game Changer

NOVEMBER 16, 2022

Along with cost savings, procurement managers are focusing on optimizing and automating processes. Digital procurement practices are a significant factor in achieving company excellence. Instead of forcing suppliers to seek a means of getting in touch with the company employees, they may use a self-service portal. Cost Saving.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Movement

DECEMBER 17, 2014

Supply Chain Management & Optimization Conference. eWorld Purchasing & Supply. Supplier Management Excellence. WB Research. 18 February. Vector Event. Multimodal Europe. Eurologistics. Revolution. ARC European Industry Forum 2015. ARC Advisory Group. 12-13 March. EuTra-European Transportation Forum.

Gartner 107

Gartner Supply Chain Strategy Supply Chain Planning Supply Chain Optimization 107

Supply Chain View from the Field

JANUARY 14, 2015

They have been touted as the key to manufacturing excellence and supply chain integration… But what is the real ROI on ERP system implementation? By forcing people to go through authorized buying channels, it makes it more difficult (but not impossible) for people to dodge the approved contracts and suppliers.

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. Studies show that companies striving for social and environmental sustainability achieve major competitive advantages, especially with regard to production efficiency, supplier management skills, and attractiveness to employees.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Supply Chain Game Changer

JANUARY 21, 2021

Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. When looking at risk management, category management, and information sharing, that number is as high as 70% ( Bain & Company 2018 ). Visibility and trust is a hot commodity in modern supplier management.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

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 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Supply Chain Network

DECEMBER 14, 2013

Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., On top of the Omni-channel Track, below are the additional sessions incorporating omni-channel themes: Connecting the Bits: The Networked Company & Operational Excellence. Tom Boike, Vice President, Supplier Management, UPS.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Jaggaer

SEPTEMBER 11, 2020

The report “ Digital Transformation in Procurement: How Close Are We ” based on a global survey, revealed that most progress had been made with the automation of supplier management , pr ocure -t o- pa y a nd spend management processes. Creating a Culture of Data Excellence. Harnessing the Power of Data.

Procurement 86

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

Jaggaer

DECEMBER 13, 2024

A dedicated end-to-end P2P solution – This covers all the steps in the P2P process, including supplier management. But they can cause a variety of other problems such as internal squabbles about approvals and buying authority. Three-way matching is usually done before issuing payment to the supplier post-delivery.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Negotiating Skills 52

HICX Solutions

JUNE 24, 2022

As the name suggests, SXM is about managing the experience that suppliers have in working with buying organizations. The principle offers a feasible vehicle in which enterprises can better engage and collaborate with suppliers. For too long, we’ve been doing that with emails and Excel sheets.

Procurement 52

Procurement Eliminating Excel in Purchasing Purchasing Skills Price Reduction 52

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. There is also the question of ethical procurement and purchasing to consider. .

Inventory Reduction 111

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

Supply Chain View from the Field

JULY 22, 2015

Instead, the buying company should be aware of “hidden costs” to the contract, which often pop up unexpectedly once the contract is in full swing. If the buying company does have to exit, they may want to own those co-IP rights to use with the next supplier. How often are we going to review them?

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

Arena Solutions

JUNE 18, 2024

Inventory management – By analyzing historical data and buying trends, companies can predict future demand and accurately forecast inventory levels. Arena Analytics demonstrates PTC’s continued commitment to helping Arena customers excel and reach their business targets.

Analytics Software 70

Analytics Software Optimal Sourcing Optimization Software Inventory Management Software 70

QAD

APRIL 15, 2021

Planning – Whether developing new products or changing existing products, planning the subcomponents/materials, especially those that will be purchased, should be identified early to allow time to properly select ideal suppliers for those commodities. Supplier Management. Pre-production Material Planning.

Quality 95

Quality Cost Reduction Strategies Material Savings Inventory Reduction 95