EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

ivalua

JUNE 14, 2023

Technology: Maximizing Capability Integration Assess the current technology infrastructure to determine how to integrate internal capabilities with external ones, considering scalability, compatibility, security, and data governance. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Supply Chain Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

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. Boost Long-term Supplier Relationships.

Manufacturing Procurement 83

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 83

Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. Geo-Political and Hybrid Government Policy Dimensions.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Almost all governments are looking to onboard CTCs, with most of Europe being covered by 2026.

France 130

France Sourcing Strategies Optimal Sourcing Price Reduction 130

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation. See you soon!

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

Enterra Insights

FEBRUARY 17, 2022

Without a holistic vision and strategy, technologies purchased to enhance one city system might not be compatible with technology utilized to enhance other urban systems. … Information from 500 different sources, such as traffic cameras, 911 data, radar detectors and weather stations, feeds into Chattanooga’s digital twin.

Sourcing Strategies 130

Sourcing Strategies Expense Reduction Cost Reduction Strategies Resource Reduction 130

NC State SCRC

JANUARY 20, 2022

Executives are beginning thus to consider development of policies for either development of a domestic capability, or a means for managing the supply of these items from global sources. Figure 1: Framework for Supply Chain Strategies for Geopolitical Risk Mitigation. to import from China. to import from China.

Government 59

Government Pharmaceutical Supply Chain Planning Software Supply Chain Design Software 59

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Game Changer

JULY 28, 2020

It sounds beneficial on the surface but is it a realistic long term strategy? Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. For many their Supply Chain is built on intellectual property and sole sourcing.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

EC Sourcing Group

OCTOBER 25, 2022

What is the Best Reverse Bidding Process and Strategy? A reverse auction is an optimal choice for specific industries such as: Government contract bids. Many government entities use the reverse bidding process because it allows them to procure the goods and services they need at the best price available. Plan to win.

Price Reduction 52

Price Reduction Sourcing Strategies Cost Reduction Strategies Negotiating Skills 52

Supply Chain Brain

JULY 19, 2022

The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E.

Inventory Reduction 76

Inventory Reduction Sourcing Strategies Supply Chain Strategy Inventory 76

EC Sourcing Group

JANUARY 11, 2021

Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. You won’t use reverse auctions all the time; in fact, they won’t be your go-to unless you work in an industry that warrants them, such as certain government or military sectors.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

NC State SCRC

OCTOBER 31, 2017

An important differentiation between data governance, business intelligence, business analytics cognitive analytics and predictive analytics is needed as a basis for building a digital supply chain strategy. ” The reasons stated for this include criticality to business, recognition of benefits and utilization in strategy.

Analytics Software 45

Analytics Software Sourcing Strategies Cost Reduction Strategies Predictive Analytics 45

Talking Logistics

NOVEMBER 13, 2014

Some of the strategies companies use to minimize the impacts of hurricanes and floods on their supply chain can be applied to transportation disruptions as well. As resilience strategies are formed, you will need to develop policies and procedures to avoid and respond to disruptions. Visibility.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Government 202

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? Price Volatility.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

Logistics Viewpoints

AUGUST 14, 2023

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. At SAP their solution is developed by their governance risk and compliance team. Even government experts frequently disagree on what the classification of a particular product should be.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Governance. Here are seven mistakes frequently made: Lack of Well-defined Governance. For me, there are ten characteristics that define a great S&OP process: Clear and Actionable. Drives Value. Mistakes Made.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 100

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! This acute shortage and dependence has raised alarms and questions about remediation supply chain strategies for materials and finished products. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What are Rare Earth Elements? Lead by innovation.

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

Logistics Viewpoints

APRIL 1, 2021

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains. This can in turn benefit Tier 2 suppliers and beyond.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Enterra Insights

DECEMBER 28, 2023

From using insourcing and supplier diversification to insurance and other risk transfer solutions, both firms and governments need to leverage every tool available to build resiliency.” These scenarios should be able to take alternate views of demand signals and align them with the increasingly constrained supply and capacity sources.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Scenario Planning 130

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Product strategies. Operational strategies. Supplier strategies. Business model strategies. Reclassification. Buying forward. Share tariff with a supplier.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

QAD

MAY 23, 2023

Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Provenance

JUNE 1, 2020

They assess the major players in key commodities on the most important environmental, social and governance issues present in those supply chains and work with them to improve engagement and transparency. Aim to source 100% certified RSPO (Roundtable on Sustainable Palm Oil). Our key takeaways. Get to know your supply chain.

Sourcing Strategies 69

Sourcing Strategies Optimal Sourcing Sourcing Resource Reduction 69

ThroughPut

FEBRUARY 1, 2023

companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. Everything from custom duties to cargo inspections can create bottleneck operations within the global supply chain strategies. In the current political climate, U.S.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Logistics Viewpoints

MARCH 19, 2024

Local versus global governance often sparks debates over who holds the reins in critical choices, which is compounded in organizations where planning teams are centralized (global) and execution is local. Bridging this technological divide requires a concerted effort to harmonize data flows and establish a unified source of truth.

Supply Chain Planning Software 248

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 248

ivalua

JUNE 15, 2022

Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. As new strategies are implemented and unexpected crises occur, business continuity is vital to maximize and sustain Körber’s supply chain agility and resilience. . Session REPLAY.

Supply Chain Software 130

Supply Chain Software Supply Chain Design Software Pharmaceutical Resource Reduction 130

Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The above seems to imply, from our lens, the movement toward China Plus sourcing activity.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

Supply Chain Matters

OCTOBER 25, 2023

The increased geo-political tensions involving influential global nations is more and more spilling over into supply chain sourcing and business policy dimensions. This development follows a partnership announcement in January among the two companies involving Foxconn becoming a supplier of advanced electronic control units for automakers.

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Design Software Modeling Software Taiwan 59

ivalua

APRIL 27, 2023

We’re looking for cost mitigation strategies and new ways to deliver value,” she said. “To Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Optimal Sourcing 130

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

ivalua

APRIL 27, 2023

We’re looking for cost mitigation strategies and new ways to deliver value,” she said. “To Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Cost Reduction Strategies 130

Cost Reduction Strategies Sustainability Optimal Sourcing Sourcing Strategies 130

Logility

SEPTEMBER 27, 2021

The tools, capabilities, and strategies companies must embrace to achieve the 4 goals of social supply chain sustainability. This guide will go over the digital solutions and strategies that any company can leverage to unlock the benefits that come with a socially sustainable supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Sustainability Supply Chain Strategy 130