Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Talking Logistics

DECEMBER 11, 2014

Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. For related commentary, see: In Logistics, Somebody Has to Own the Assets.

Predictive Analytics Software 260

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 260

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 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Supply Chain Game Changer

OCTOBER 15, 2019

Procurement is a core function in every single company. Whether purchasing goods or services to support the company’s product offering or purchasing goods or services to support the infrastructure and operation of the company, Procurement is key. What Exactly is Procurement? And What is Purchasing?

Procurement Solutions 14

Procurement Solutions Purchasing Skills Negotiating Skills Procurement 14

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 69

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 69

The Logistics of Logistics

MARCH 18, 2022

Tom is the CEO and Co-Founder of SourceDay , a company that integrates with ERPs to automate purchase order (PO) changes and enable supplier collaboration. Tom Kieley is the CEO and Co-Founder of SourceDay, an Austin based technology company that automates purchase order (PO) changes and enables supplier collaboration. About SourceDay.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Software Procurement Solutions Logistics Network Optimization Software 130

Jaggaer

MAY 21, 2025

Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supply chain. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency. What is procurements role in CSRD?

Procurement Analytics 52

Procurement Analytics Material Savings Sustainability Waste Reduction 52

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Procurement practitioners are hard-wired to avoid risk and secure profit/cost gains.

Eliminating Excel in Purchasing 71

Eliminating Excel in Purchasing Optimal Sourcing Procurement Solutions Procurement 71

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

Talking Logistics

MAY 22, 2016

Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. Another misperception is that optimization solutions are too expensive to implement.

Optimal Sourcing 133

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 133

Supply Chain Movement

OCTOBER 19, 2015

The new, online tool called Supply Chain Satellite provides objective insights into a company’s logistics procurement strategy and hence supports decision-making related to logistics outsourcing. The global launch of this decision-support tool was held on 17 March during Districon’s Physical Distribution Forum in Utrecht.

Procurement Solutions 60

Procurement Solutions Supply Chain Software Modeling Software Logistics Network Optimization Software 60

NC State SCRC

MARCH 22, 2019

Some of the typical complaints I hear from procurement colleagues are the same ones I heard 20 years ago, and it seems as if nothing has changed. “Procurement doesn’t get any respect! I can’t get people in the business to listen to what I want to propose to them, and they don’t show up to my category meetings.”

Procurement Solutions 58

Procurement Solutions Negotiate Pricing Modeling Software Optimal Sourcing 58

Resilinc

MARCH 26, 2024

Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Regression Models: Predict Purchase Order Delays What are regression models? Watch the video below to learn more about our Purchase Order Delivery Delay Prediction Engine.

Modeling 127

Modeling Supply Chain Risk Management Modeling Software Risk Management 127

Supply Chain Game Changer

OCTOBER 11, 2022

Communication of this kind will prevent any procurement delays. Benchmark your manufacturing efficiency against your competition using tools such as the ones from Sana Commerce. These tools will help you track the right KPIs and measure performance accurately. The benefits of this exercise are enormous.

Optimal Sourcing 95

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 95

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

Automating purchase-to-pay processes. The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. The post Five Ways AI Will Turbocharge Procurement appeared first on HICX Solutions. Driving innovation.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Software 40

Logistics Bureau

APRIL 4, 2022

Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Talking Logistics

OCTOBER 29, 2018

First, let’s define TMS – this is the software used to manage purchased transportation. First, let’s define TMS – this is the software used to manage purchased transportation. This person will learn the tool during implementation and be able to support the organization on the TMS long-term, if they have the right DNA.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Analytics Software 124

SYSPRO Smarter ERP

AUGUST 2, 2023

Challenge Two: Accurately manage design process By integrating the ERP system with computer-aided design (CAD) software, redundant data entry is eliminated, ensuring real-time integration and data accuracy throughout the design process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Game Changer

JUNE 10, 2020

Deciding to eat at Luigi’s Italian Market, and negotiating billion-dollar contracts aren’t really in the same league of purchasing decisions. Utilizing improvised solutions is still the norm in many procurement organizations. The level of risk in these two investments are comparatively incomparable, but humor me here.

Procurement Solutions 72

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 72

Supply Chain Matters

JANUARY 11, 2023

In July of 2022, Supply Chain Matters provided our readers added perspectives and highlights regarding supply chain planning technology provider Logility’s acquisition of supply chain network design technology start-up Starboard Solutions. Evolution of Supply Chain Network Design Technology.

Logility 52

Logility Network Design Software Procurement Solutions Supply Chain Design Software 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

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. And this is where the problems begin.

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

JDA software

FEBRUARY 11, 2019

Customer expectations for product availability and seemingly endless purchasing channels are driving many companies to move product faster and smarter than ever before. its transportation management and how well it continually procures, plans, executes and monitors freight. Times sure have changed! Network design. Inventory management.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Arena Solutions

DECEMBER 17, 2024

I’m a Solution Architect. I primarily work with customers and prospects on how to fit our ERP solution into their business and different functionalities that we can bring to bear and how it would work with other parts of their technology stack. Todd Fuller And I’m Todd Fuller with Rootstock.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Modeling Software Supply Chain Network Software 52

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

Procurement Analytics 64

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 64

Arkieva

OCTOBER 20, 2015

Fortunately, we have tools these days that can help capture the knowledge. That’s nice but how do you start building a planning tool? Whatever software you will use, make sure to map out your business first. Procurement lead times (supplier to location). Procurement by location – materials. Transportation.

Modeling Software 60

Modeling Software Modeling Supply Chain Planning Software Procurement Solutions 60

EC Sourcing Group

SEPTEMBER 27, 2022

Technology has finally caught up with sourcing and procurement—evolving processes by leaps and bounds in a relatively short amount of time. Ensuring you have the best eSourcing tools with features that fit your needs can streamline your sourcing process, positively affecting your procurement processes and supply chain.

Analytics Software 52

Analytics Software Procurement Solutions Supply Chain Software Procurement Analytics 52

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. Let’s look more closely at what procurement spend management is, the challenges companies may face in this area, and six steps organizations can take to boost the effectiveness of their approach.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

Jaggaer

JUNE 5, 2025

As will be clear from the previous article by Robin Schenkewitz of H&Z, the new CSRD, EUDR and CSDDD directives impose significant demands on procurement to collect data about whats happening in their supply chain. Manual and ad hoc means are no longer up to the task. See how to automate assessments.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 52