QAD

APRIL 22, 2021

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Manufacturers face ongoing challenges in selecting the optimal source of supply for the many materials, products and services they procure.

Manufacturing Procurement 81

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 81

EC Sourcing Group

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 52

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

Supply Chain Network Software 221

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 221

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. Sure there is.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

ivalua

DECEMBER 17, 2018

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Getting Everything Shipshape before you Depart.

Procurement 124

Procurement Analytics Software Sourcing Strategies Supply Chain Planning Software 124

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management. Collaboration with Finance.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

ivalua

JULY 13, 2022

Procurement Leaders Webinar. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group. 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.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Supply Chain Game Changer

MAY 26, 2020

Hey Procurement! ” Procurement organizations can have the power to spend and control as much as 75-80% of a company’s revenue. Less enlightened organizations still think of Procurement as a back office function processing transactional purchase orders and standard contracts. Procurement! Subscribe Here!

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Purchasing Skills Purchasing Training 105

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. What is Cloud Procurement? 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

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Source: SGX, Freightos Baltic Index. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. An example is a focus on moving and buying ventilators without an assessment of the availability of critical parts and skilled therapists. Another example is testing. For example, I believed that I contracted the virus on April 2 nd , and received my results on April 17 th.

Supply Chain Planning Software 450

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 450

EC Sourcing Group

NOVEMBER 24, 2020

Using software in procurement management is an excellent way to help maximize proficiency and streamline your operations so that you not only increase production, you build better relationships with your suppliers, increase collaboration within your organization, and improve the entire supply chain process.

Analytics Software 52

Analytics Software Optimal Sourcing Supply Chain Software Procurement 52

EC Sourcing Group

JANUARY 4, 2022

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

JANUARY 4, 2022

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

Supply Chain Matters

APRIL 18, 2022

According to the announcement , Amoretty joined the company’s senior leadership team tasked to develop a production, operations and procurement vision for its supply chain to ensure multi-year growth, product line expansion plans and profitability. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Supply Chain Matters

JULY 6, 2022

During this unprecedented period of non-stop global supply chain disruption, the Supply Chain Matters blog provides readers with additional industry specific examples, along with their implications. Business media reporting points to challenges in sourcing private label goods, including longer lead times, coupled to factory disruptions.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Suppliers are a source of growth, innovation and efficiency, but if they are not managed holistically, they can be a source of risk, poor performance and noncompliance.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Supply Chain Shaman

NOVEMBER 15, 2023

Based on the Supply Chains to Admire analysis, the first question is: Why do the cost reduction strategies not translate into operating margin improvement against peer groups? When he speaks of the supply chain, he means procurement. For example, only 22% of medical device products complied with GS1 standards during the pandemic.

Supply Chain Planning Software 406

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 406

ivalua

AUGUST 16, 2021

This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . In order that sourcing and procurement teams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Understand the current state of your supply base.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software 130

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Claritum

FEBRUARY 24, 2020

Claritum Article - Procurement Blog. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. Types of activity suitable for Project based procurement. when should I use it? Introduction.

Manufacturing Procurement 41

Manufacturing Procurement Procurement Solutions Optimal Sourcing Purchasing Skills 41

Logistics Viewpoints

JANUARY 4, 2023

For example, there is a limited supply of logistics service providers with the desired capabilities in China, compared with a rapidly growing e-commerce market. Numerous media sources have noted warehouse automation project cancellations. Growth Inhibitors. Project Cancellations and Delays. I mean, obviously, we‘re seeing that too.”

Supply Chain Software 260

Supply Chain Software Warehousing Supply Chain Planning Software Purchasing Skills 260

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. But Intertape Polymer Group (IPG) managed to avert those risks by implementing Logility’s demand planning and optimization solution.

Consumer Goods 183

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 183

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. Rare Earth Elements (REE) are a selection of 17 elements in the third group of the periodic table.

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

EC Sourcing Group

JUNE 10, 2020

Methods for Managing Procurement Risks. There is always some level of risk when it comes to contract management in procurement. There are many risks in all stages of the supply chain, of which procurement is only a portion. There are many risks in all stages of the supply chain, of which procurement is only a portion.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Purchasing Skills 52

The Logistics of Logistics

APRIL 26, 2022

Michelle Sodomka, a Senior Director at Open Sky Group. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Open Sky Group is focused on consulting and implementation of Blue Yonder ’s warehouse, labor, and transportation management solutions.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147

Jaggaer

MAY 12, 2020

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Procurement Predictive Analytics Software 52

Supply Chain Matters

MAY 31, 2022

In this posting we provide two recent examples of turnover among senior supply chain leadership that occurred n days of one another. . Stellantis Senior Procurement Leadership Change. Reportedly issues stemmed from the two separate auto divisions, Fiat Chrysler and PSA Group that were brought together under Stellantis.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 252

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals. At Urgo, they do.

Supplier Management 147

Supplier Management Sourcing Strategies Optimal Sourcing Cost Reduction Strategies 147

ivalua

MAY 21, 2020

If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. We recently interviewed Dawn Tiura, President and CEO of Sourcing Industry Group (SIG). Procurement can see that, but the rest of the organization can’t.

Modeling Software 130

Modeling Software Waste Reduction Vendor Strategies Cost Reduction Strategies 130