SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

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 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. Strategic Sourcing Solutions : Your Sourcing Tactics. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

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

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? come with any of them.

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

QAD

AUGUST 24, 2023

On June 16th, The Wall Street Journal published an article written by Jason Gay on innovation where he talks about the early adoption of the Apple Vision Pro. Early adopters are going to spend a lot of money to be the first to have this new Apple innovation. Planning for Innovations. He labeled himself a “skeptical jerk”.

Innovation 92

Innovation Material Savings Expense Reduction Price Reduction 92

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. In many cases, new companies start with simple sourcing to get the procurement process rolling.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

JUNE 23, 2020

” Or, “If you need an answer, implement my solution.” Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.).

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. Indeed, it is a handy tool to locate jobs. This online job search tool also helps you generate a cover letter or professional summary applicable to your work history and experience. I have used Indeed for several years and am very grateful for this tool! Naukri Gulf.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 112

QAD

DECEMBER 5, 2019

Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. So, what does this have to do with innovation? Climate-driven Manufacturing Innovation. What’s needed are tools and technologies that go beyond current capabilities, and those require innovation.

Manufacturing Procurement 131

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 131

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. Global automotive component supplier Meritor is a great example. Plan to avoid those.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. These examples are just the tip of the iceberg. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. MRO stands for Maintenance, Repair and Operations and refers to the MRO of the machinery, equipment, and tools necessary to run a business.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Lessons Learned. The reason? Next Steps.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. Better cash flow management Purchasing inventory when it is needed and storing it in a cost-effective manner means cash is freed up for other aspects of the business. Equally, the likelihood that they will buy from you again is lower.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Arena Solutions

OCTOBER 5, 2021

Arena’s recent Fall 2021 quality management system (QMS) and product lifecycle management (PLM) software release was all about helping manufacturers remove these bottlenecks and drive faster product innovation. Design new tooling, fixtures, or molding, and then buy them from subcontractors.

Manufacturing Procurement 86

Manufacturing Procurement Supply Chain Design Software Innovation Purchasing Training 86

QAD

MAY 26, 2021

Founded in 1979, QAD began as a small startup solution working with local companies to address a large gap in complete, integrated business software for manufacturing companies. As manufacturing businesses took their brands globally, we adapted quickly to keep up and our software has adapted as well. Connected Supply Chain.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Supply Chain Design Software Analytics Software 52

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Learn how these innovations are transforming logistics operations. An example of AI-enabled workflow optimization is traffic heat maps that you can use to identify and eliminate bottlenecks in your warehouse picking routes or putaway processes.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. 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.

Predictive Analytics Software 96

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 96

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them. Technological infrastructure has been a blessing in disguise for the modern procurement world.

Procurement Solutions 58

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 58

Enterra Insights

JANUARY 25, 2024

For example, the National Cybersecurity Alliance notes, “Your online activity creates a treasure trove of data. This data ranges from your interests and purchases to your online behaviors, and it is collected by websites, apps, devices, services, and companies all around the globe. .”[2] Manageable.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

Supply Chain Shaman

DECEMBER 11, 2018

Supply chain innovation is slowly simmering in the face of radical disruption. Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. Examples include Hadoop, Kafka, and Apache Spark. . A confluence of technology drives innovation. Together, we walk in a fog.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

QAD

MARCH 24, 2022

It recently purchased WebJaguar, a digital commerce platform, to create an omnichannel customer management solution for both B2B and B2C.”. It is a comprehensive solution supporting core business needs and operations. Below are a few examples. QAD in the Cloud. It is simple to implement, manage and upgrade.

Vendor Strategies 97

Vendor Strategies Supply Chain Planning Software Optimization Software Modeling Software 97

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Learn how these innovations are transforming logistics operations. An example of AI-enabled workflow optimization is traffic heat maps that you can use to identify and eliminate bottlenecks in your warehouse picking routes or putaway processes.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?—?and

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Logility

MARCH 2, 2021

For example, a Nielson poll found that 66% of adult consumers are willing to pay more for eco-friendly products and 50% of purchasing decisions are influenced by sustainability claims. For example, a packaging innovation that reduces the use of black plastic at the expense of an increase in the rate of deforestation.

Sustainability 243

Sustainability Material Savings Supply Chain Software Manufacturing Procurement 243

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Let’s delve into this emerging concept.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89