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. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

HICX Solutions

NOVEMBER 28, 2022

Costas Xyloyiannis, CEO of HICX, discusses how organisations can achieve sustainable procurement with strong supplier partnerships. Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

ivalua

NOVEMBER 14, 2019

Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy. To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end. That’s significant.

Optimal Sourcing 113

Optimal Sourcing Optimization Software Modeling Optimization Modeling 113

NC State SCRC

FEBRUARY 13, 2023

I am working on a new book focused on the sales and procurement relationship in supply chains with my friend Howard Richman, who has a wealth of experience working for companies like Merck, Citrix, and others. I am publishing a snippet from one of our chapters – to give you a taste for what’s in store!

Optimal Sourcing 83

Optimal Sourcing Procurement Price Reduction Cost Reduction Strategies 83

Supply Chain Shaman

AUGUST 18, 2022

They had never been in the same room to discuss demand holistically from sales teams to procurement. To fill the time in the agenda, I developed the River of Demand exercise. So, I asked for a break and reorganized the room to facilitate my first river of demand exercise. The large food company operated regionally.

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. in Exercise & Wellness from Arizona State University and M.S. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.

Supply Chain Network Software 210

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 210

HICX Solutions

NOVEMBER 28, 2021

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses. By Costas Xyloyiannis, CEO of HICX.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

HICX Solutions

JANUARY 2, 2022

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses. So, what can procurement teams do to ensure their organizations are getting the most out of ESG? Read full article.

Sustainability 52

Sustainability Procurement Germany Exercises 52

Proxima

MAY 19, 2020

This presents challenges for procurement leaders. Just as the world is having to change, Procurement will need to change too. Remote working is the new normal for procurement teams. Decisions are made without the consultation of Procurement. In the coming months, Procurement will need to help make decisions at pace.

Procurement 105

Procurement Cost Reduction Strategies North America Modeling Software 105

ivalua

AUGUST 26, 2021

Combatting poor labour practices must not be treated as a “box-checking exercise”. To make this a reality, procurement must get smarter. The post More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour appeared first on Ivalua.

Optimal Sourcing 100

Optimal Sourcing Procurement Supply Chain Planning Software France 100

ivalua

MAY 15, 2020

The post Procurement has allowed me to exercise creativity to solve business challenges and have a direct impact on company success appeared first on Ivalua.

Exercises 130

Exercises Procurement Company 130

Freightos

FEBRUARY 28, 2024

While COVID did see some modal shifts of everything from wheat to Peloton exercise bikes, there are certainly products that are less likely candidates for shifts. Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged.

Los Angeles 156

Los Angeles Negotiating Skills Cost Reduction Strategies Price Reduction 156

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 62

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 62

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

Procurement Academy

NOVEMBER 17, 2022

Completing one exercise won’t instantly make you a top scorer, but consistently identifying gaps in performance and working to fill them will. Few footballers would complete a training exercise and consider their job done – yet all too often employees treat training as a tick-box activity. Tie training to objectives.

Buyer Training 96

Buyer Training Purchasing Training Training Price Mitigation Strategies 96

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. In the BD supply chain, it is the procurement team that plays a key risk management role.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Proxima

MAY 15, 2020

It’s not a one-off exercise. The post Sustainable procurement: a platform to rebuild appeared first on Proxima. . • Supply chain/ critical supply. Crisis protocol. Grievance mechanism. Risk is also an end-to-end discipline from screening and selection through to lifecycle management. Bigger isn’t always better.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Sustainability 94

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) have accepted as a key element of procurement. These programs are as familiar to procurement professionals as concepts like spend analysis or category management. Part I: Building Business Cases and Driving Momentum.

Cost Reduction Strategies 162

Cost Reduction Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 162

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

HICX Solutions

JANUARY 22, 2019

The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. This piece was originally written by Peter Smith, former MD of Spend Matters UK, as part of our AI in Procurement report (published alongside Raconteur ). Driving innovation.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

HICX Solutions

AUGUST 5, 2022

In order to collect, analyse and report on this data as it relates to sustainability, large organizations are running hundreds of data gathering exercises a year. To make the most of these exercises, it’s essential to communicate with the right supplier segments for each specific campaign.

Sustainability 52

Sustainability Exercises Supply Chain Planning Survey 52

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Supply Chain Shaman

FEBRUARY 28, 2021

An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. The reason?

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

SCMDOJO

AUGUST 21, 2023

With 15,900 followers, he has carved a niche for himself by using fitness-related analogies and exercises to explain complex supply chain concepts. These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Taulia

FEBRUARY 9, 2022

These generally include the following: Identify the need for a new supplier based on procurement requirements. Any new supplier onboarding exercise is triggered by the identification of a procurement need. This involves sourcing potential vendors or suppliers that meet the procurement need and evaluating their suitability.

Optimal Sourcing 98

Optimal Sourcing Sourcing Strategies Vendor Strategies Optimization Software 98

Supply Chain View from the Field

AUGUST 22, 2013

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. Marketing and IT see this to some extent, but not like procurement.

Procurement Analytics 68

Procurement Analytics Negotiating Skills Procurement Purchasing Skills 68

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Resilinc

MARCH 26, 2024

In a typical scenario, a company reaches out to suppliers and begins talking to logistics and procurement after the typhoon strikes. By analyzing historical disruptions and decoding intricate market patterns, the system predicts optimal times to either place procurement orders or exercise patience, waiting for more favorable conditions.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Logistics Viewpoints

JULY 22, 2021

Ensuring Sourcing and Supply Chain are tightly integrated ensures avoidance of any surprises that adversely affect customer service and fill rates, by being proactive about launching sourcing events.Beyond addressing these sourcing needs, Procurement needs to have a seat at the table.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Network

FEBRUARY 10, 2011

So far in this series on Avoiding Procurement Malpractice, we’ve examined spend visibility and analysis as critical elements of best-in-class procurement practices. Want to learn more about how to avoid procurement malpractice? In this final installment, we look at the role of process.

Optimal Sourcing 84

Optimal Sourcing Sourcing Strategies Procurement Waste Reduction 84

HICX Solutions

MARCH 17, 2022

For this webinar on ‘Digital Transformation: Procurement & IT Working Together,’ Duncan Clark , Head of Content & Product Marketing at HICX, was joined by Karthik Rama. He highlighted Procurement and IT as the baseline, with Legal, Finance and also Suppliers as essential in ensuring that the transformation is successful.

Procurement 98

Procurement Negotiating Skills Vendor Strategies Exercises 98

SYSPRO Smarter ERP

AUGUST 2, 2023

Challenge Three: Nurture procurement and supplier relationships ERP analytics ensures adherence to ethical standards and compliance with industry regulations, fostering transparency and accountability. Manufacturers can exercise better control over the return and exchange of items bought from suppliers, ensuring smooth operations.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Enterra Insights

AUGUST 11, 2022

Make and exercise contingency plans. Even the best plans won’t anticipate all contingencies, which is why they should be exercised for insights and shortfalls. Well-run disaster exercises also help prepare everyone involved to deal with the unexpected. 9] Armed with that information, mitigation strategies can be developed.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

Enterra Insights

MAY 27, 2021

They are: Disaster management; ecosystem; financial stability; human capital; information security; legal & regulatory; public relations & media; operational risk; strategy & culture; and supply chain & procurement. Period exercises also help ensure plans are up-to-date and revised when weaknesses appear.

Supply Chain Planning Software 130

Supply Chain Planning Software Gartner Supply Chain Strategy Supply Chain Planning 130