Precoro

DECEMBER 24, 2024

For example, AI can spot recurring or unnecessary costs, detect maverick spending (when employees purchase outside of approved channels), and identify opportunities for cost savings based on historical spending patterns. This gives them advance warning so they can adjust their purchasing strategies.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

RFgen

DECEMBER 27, 2024

Deltek Costpoint This platform focuses on project-based manufacturing, with specialized features for government contractors. Consider all costs associated with the ERP system, including: Software licensing, hardware costs, consulting fees, training, data migration. Ongoing support, software updates, hardware maintenance.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Inventory Management Software 98

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. These core assumptions are no longer true. The cycle is just beginning.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

ivalua

MAY 10, 2025

Contract Lifecycle Management (CLM) and Approvals Procurement technology enables you to streamline the entire contract lifecycle, from authoring and negotiation to approval and renewal. Strong compliance controls, embedded risk management features, and robust analytics to support governance and strategic decision-making.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. China’s government has so far not commented on the new sanctions or on the news of the flying object, nor responded to questions.

Logistics Network Optimization Software 273

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 273

Supply Chain Game Changer

JANUARY 5, 2021

Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. In my experience proactive, attentive, and detailed Purchase Price Variance (PPV) can make an incredible contribution to the profitability of a company. What is Purchase Price Variance (PPV)? Subscribe Here!

Pricing Training 95

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 95

Logistics Viewpoints

MAY 13, 2024

In the same way that Amazon’s data can be mined to show trends in e-commerce superior to even the data the government has, when Coupa gets to visibility of tens of trillions in procurement spending the Coupa dataset becomes the “pulse of spend.” This solution provides for purchase order collaboration.

Procurement Solutions 293

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 293

Logistics Viewpoints

MAY 24, 2022

Since 2020 alone, changing customer demands, port delays, labor shortages, supply shortages and evolving government regulation have all contributed to the industry’s technology arms race, causing many hesitant players to jump on the technology bandwagon – in a hurry. Talk to your people to get their input and buy-in first.

Supply Chain Network Software 270

Supply Chain Network Software Demand Planning Software Modeling Software Logistics Network Optimization Software 270

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Where customers receive products is not usually negotiable. Train, ship and airline technologies are lagging behind, but there are steps happening. There are technologies out there to de-carbonize and with government assistance and focused ingenuity – the engines or fuels running these powerful machines can be de-carbonized.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

RFgen

MAY 30, 2025

This pilot-then-scale approach minimizes risk and cements executive buy-in. Executive governance: Form a cross-functional steering committee (ie. Pilot zone: Deploy 510 robots in a high-impact area, train operators and refine SOPs. Solution: Negotiate four-hour resolution times and service credits for downtime breaches.

Supply Chain Software 69

Supply Chain Software Vendor Strategies Cost Reduction Strategies Supply Chain Planning Software 69

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

These numbers drive governments and drive global investment. In lieu of enlightened environmental scruples on the international trade negotiating level – activists have had to step in to try and create transparency and responsible practices. This is especially the case when it comes to trade. Greening Our Trade?

Negotiating Skills 261

Negotiating Skills Global Pricing Training Purchasing Training 261

Enterra Insights

FEBRUARY 4, 2025

Without access to leading-edge silicon, the company was forced to find innovative ways to squeeze higher performance out of the less sophisticated chips it was able to buy. 5] OpenAI says it found evidence that DeepSeek used OpenAI proprietary models to train its models. ” DeepSeek’s strategy seems to be working. .”[4]

China 130

China Modeling Software Supply Chain Software Pricing Training 130

SCMDOJO

MAY 30, 2025

From rerouting products because of a port shutdown to negotiating new terms with a vendor, speed and precision are paramount. Audio translation permits procurement professionals to communicate with urgency and negotiate solutions more efficiently without the need for third-party interpreters while avoiding lag and momentum loss.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Negotiating Skills Modeling Software 59

Logistics Bureau

DECEMBER 28, 2024

You can consider setting up a supplier development program that includes training on carbon accounting and reduction strategies, sharing best practice and potentially co-investing in clean energy projects. Success will depend on getting executive buy in, setting up governance and keeping stakeholders informed throughout.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Governments have spent considerable time, effort and political capital negotiating such agreements. There are however many other companies that do not trade tangible goods across borders but may be able to benefit from provisions on services, investment and government procurement etc. What might businesses want to consider?

Pricing Training 245

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 245

ToolsGroup

FEBRUARY 8, 2021

Currently, both supply chain managers and government customs offices need data scientists who can help untangle the notoriously complex web that is the global supply chain. Furthermore, this combination of sustainability training and traditional business competence also paves the way for developing practical soft skills in the digital age.

Negotiating Skills 199

Negotiating Skills Buyer Training Supply Chain Software Supply Chain Planning Software 199

Supply Chain Shaman

JULY 23, 2023

” Noel is one of the 84 sign-ups in my outside-in training (five virtual classes starting next week), and I hope that he has a better understanding at the end of the class. The order latency is the time from purchase by the end consumer to the visibility of the order. Why is there a discontinuous line on the model?”

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 369

TransAudit

JANUARY 13, 2025

Global compliance in shipping refers to the adherence to various international laws, regulations, and standards that govern the movement of goods across borders. Maintaining compliance is non-negotiable in a world where trade rules are constantly evolving. Understanding Global Compliance What is Global Compliance in Shipping?

Shipping 83

Shipping Global Predictive Analytics Software Supply Chain Software 83

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Getting buy in is essential. Make them feel in control.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

ToolsGroup

MAY 11, 2022

With respondents’ top growth investment for 2022 being “increasing recruitment and training efforts”, this year’s study reveals the profound effect that current labor shortages are having on digital supply chain transformation. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

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. Sourcing tasks include sending out requests for proposals (RFPs), evaluating supplier bids, selecting vendor partners, negotiating contracts , and then managing supplier relationships.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logistics Viewpoints

JULY 26, 2024

Secretary of Transportation, told CNBC on Friday morning that what the government is watching for over the course of the day, as the issue has been identified, is “the kind of ripple or cascade effects as they get everything back in their networks back to normal.” And now on to this week’s logistics news. Pete Buttigieg, U.S.

Logistics Network Optimization Software 288

Logistics Network Optimization Software Logistics Rail Software Long Beach 288

Jaggaer

MARCH 20, 2025

One major concern is the possibility of reductions in public service funding, which could lead to cuts in state appropriations for higher education, putting greater financial strain on institutions that rely on government support. Decentralized buying often results in fragmented contracts with inconsistent pricing and terms.

Education 52

Education Procurement Analytics Pricing Training Purchasing Training 52

Logistics Viewpoints

JULY 12, 2024

The Houthis are creating significant supply chain disruptions for chemical companies and governments. Target’s cotton policy states the retailer “does not knowingly buy or sell products that are made, in whole or in part, using forced or underage labor.” That’s all for this week.

Material Savings 305

Material Savings Los Angeles Waste Reduction Logistics Network Optimization Software 305

AIMMS

JULY 23, 2019

There is an extensive horizon between the date of a supply decision (for instance, purchasing livestock feed or specific fertilizers) and its final result (the sale of the processed and packaged product). Moreover, depending on the knowledge of the decision maker is a serious governance issue.

S&OP 278

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 278

Logistics Viewpoints

APRIL 7, 2023

Spending is growing across several categories, and the top Easter items consumers say they are planning to purchase include candy ($3.3 UPS is bringing new safety training to Louisville and other sites across the country. The company’s training methods have proven effective based on their safe driving records. in a statement.

Logistics Network Optimization Software 270

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 270

Talking Logistics

OCTOBER 24, 2018

administration, and after a lot of back and forth negotiations between the US, Mexico, and Canada over the past year, a new agreement has been reached which is set to be signed soon. The universities got involved to train and educate the required workers. How is government going to measure, track and control this? “A

Negotiating Skills 136

Negotiating Skills Purchasing Training Mexico Buyer Training 136

GlobalTranz

DECEMBER 5, 2014

What we mean is that someone who was choosing the wrong freight class before trains the new person to do the same exact thing! Work with your carrier to negotiate rates and talk about your freight history with them. This is akin to passing down an old wives’ tale that isn’t always the whole truth.

Freight 323

Freight Negotiating Skills Third Party Logistics Expense Reduction 323

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

Talking Logistics

JUNE 15, 2018

Report: FAA Stands in the Way of Commercial Drone Use (Government Technology). But then you come across stories like this one published in Bloomberg this week highlighting how Amazon, under an initiative called “hands off the wheel,” has shifted tasks “like forecasting demand, ordering inventory and negotiating prices to algorithms.”

Pricing Training 124

Pricing Training Purchasing Training Negotiating Skills Logistics Network Optimization Software 124

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. Getting suppliers to participate is a gargantuan task.

Resource Reduction 235

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 235

Supply Chain Opz

NOVEMBER 9, 2014

Key ways to mitigate risks associated with unstable supply chains are to conduct a company audit to uncover the issues, consider an assurance process, implement some training, consider how you can communicate more effectively with your suppliers, or perhaps by offering an incentive to your overseas supplier once improvements have been made.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Procurement Academy

JULY 19, 2024

This might seem straightforward, but a thorough assessment can uncover areas where you can consolidate purchases, standardize specifications or negotiate better terms. Practicing your negotiation techniques is a good way to set yourself up for success when communicating with suppliers.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

Jaggaer

APRIL 3, 2025

With the advent of agentic AI, the possibilities will expand exponentially, as artificial intelligence replaces the need for human decision-making in many areas such as price negotiation. Data scientists are coming into procurement; in fact, I brought the very first data scientist into the UK Government Commercial Function six years ago.

Negotiating Skills 52

Negotiating Skills Buyer Training Optimal Sourcing Negotiate Pricing 52

Precoro

MAY 19, 2025

Instead of developing strategies to keep spend management and purchasing compliant, companies end up with multiple instances of maverick spend or unsustainable vendor behavior. Procurement compliance means ensuring all purchasing activities adhere to applicable regulations, laws, internal policies, and external guidelines.

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

BlueYonder

SEPTEMBER 18, 2023

Developers are extensively trained on these, and robust auditing tools are integrated into CI/CD pipelines. Whereas databases return data that they have previously stored, possibly with transformations or calculations, generative AI synthesizes novel data based on its training.

Modeling Software 120

Modeling Software Supply Chain Design Software Predictive Analytics Software Supply Chain Network Software 120

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. These core assumptions are no longer true.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130