The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace. Basic Responsibilities.

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Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 95

ivalua

JULY 21, 2020

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders. We all know these stories.

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Manufacturing Procurement Optimal Sourcing Procurement Negotiating Skills 130

EC Sourcing Group

DECEMBER 2, 2021

Other details on the selection methodology are outlined here: [link] EC Sourcing Group has consistently been ranked as a both a Value and Customer leader in the SolutionMap benchmarking report for eSourcing & Optimization. ” “Never has procurement technology been more front of mind for businesses.

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EC Sourcing Group

DECEMBER 2, 2021

Other details on the selection methodology are outlined here: [link] EC Sourcing Group has consistently been ranked as a both a Value and Customer leader in the SolutionMap benchmarking report for eSourcing & Optimization. ” “Never has procurement technology been more front of mind for businesses.

EC Sourcing 52

EC Sourcing Optimal Sourcing Groups Sourcing 52

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

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My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. Building Strong Relationships with Suppliers: Efficient procurement goes beyond just placing orders.

Inventory Reduction 86

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 86

Unleashed

JANUARY 8, 2024

Procurement management directly impacts your bottom line, making it a critical component of running a profitable product-based business. In this article, we look at the different stages of procurement management. We’ll also explore project procurement management and the relationship between procurement and supply chain management.

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Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 52

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

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Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

ivalua

JUNE 15, 2022

At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. Automation and innovation are at the forefront of the supply chain industry with procurement acting as a key enabler in the process. Körber at a Glance….

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Supply Chain Software Supply Chain Design Software Pharmaceutical Resource Reduction 130

Supply Chain Game Changer

MARCH 9, 2022

Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. This document is the first legal contract in the operational procurement process.

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Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 108

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

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Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

ivalua

NOVEMBER 3, 2021

Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Integrate sustainability goals into supplier and commodity group management.

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Optimal Sourcing Procurement Solutions Negotiating Skills Negotiate Pricing 130

Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

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Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

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 81

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 81

Supply Chain Shaman

MAY 15, 2023

One of the alignment gaps that is growing and is unfortunate is the gap between procurement and manufacturing. This gap of 48% between manufacturing and procurement is the highest seen in studies across the decade. The metrics defining success in manufacturing and procurement do not align. So, you might say, so what Lora?

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Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 436

ivalua

MAY 11, 2021

has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. is a world leading energy services group focused on delivering excellence in the oil and gas sector. in realizing its digital procurement vision.” REDWOOD CITY, Calif., Arkad S.p.A.

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Optimal Sourcing Procurement Supply Chain Design Software Supply Chain Network Software 130

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. This article outlines five key challenges faced by buyers that can be addressed by a new type of procurement planning software, which we call a “buyer’s workbench.”

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Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Logility

MAY 25, 2022

Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. Doing so enables these three groups to work together seamlessly toward common objectives without ignoring other business needs. Let’s face it ? the traditional supply chain model is falling short.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. The situation changes with a larger number of suppliers.

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Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

All Things Supply Chain

MAY 4, 2022

On 27th-28th April 2022 I had the opportunity to attend Procurement & Supply Chain LIVE, an event hosted by BizClick Media Group. I attended the 2-day conference online, watching the…

Procurement 79

Procurement Supply Chain Software Supply Chain Conference 79

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

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Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Supply Chain Shaman

DECEMBER 15, 2022

If you answer the survey, I will gladly give you a custom analysis of your organization against the peer group. The financial teams, and the Information Technology (IT) groups, did not see alignment gaps, but the supply chain teams felt them and viewed them as a critical performance issue. To respond, follow this link.

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Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 387

ivalua

DECEMBER 17, 2018

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Getting Everything Shipshape before you Depart.

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Procurement Analytics Software Sourcing Strategies Supply Chain Planning Software 124

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

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Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

Proxima

AUGUST 9, 2023

Public Sector Procurement is complex and must look at aspects beyond price and quality when awarding contracts. Below we outline some of our key learnings and how we’ve seen social value being effectively embedded into public sector procurement processes. These criteria also apply to internal and external stakeholders.

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Procurement Resource Reduction Supply Chain Design Software How To 52

The Logistics of Logistics

NOVEMBER 15, 2023

Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.

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Optimal Sourcing Analytics Software Optimization Software Supply Chain Network Software 240

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? All this functionality helps save costs, choose the best vendors, ensure compliance, appraise supplier risk, and streamline procure-to-pay cycle.

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Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

EC Sourcing Group

NOVEMBER 3, 2021

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study. Spend Matters’ newly released Fall 2021 SolutionMap report names EC Sourcing Group a Customer & Value Leader across multiple organization types.

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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.

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HICX Solutions

FEBRUARY 3, 2022

HICX has launched a Supplier Experience Community Working Group with an inaugural virtual event. This first event saw the coming together of around twenty leading Procurement and Digitalization practitioners, from some of the world’s largest enterprises, to discuss supplier experience and supplier experience management (SXM).

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Groups Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 52

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

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Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

EC Sourcing Group

JUNE 8, 2021

Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.

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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!

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Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

EC Sourcing Group

MAY 17, 2023

Spend classification can often go unnoticed, despite its critical influence over successful procurement strategy. Streamlining Procurement Processes: Proper spend classification ensures a structured approach to eSourcing activities.

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ivalua

NOVEMBER 23, 2020

Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money.

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Manufacturing Procurement Negotiating Skills Purchasing Skills Negotiate Pricing 130

Supply Chain Game Changer

MAY 26, 2020

Hey Procurement! ” Procurement organizations can have the power to spend and control as much as 75-80% of a company’s revenue. Less enlightened organizations still think of Procurement as a back office function processing transactional purchase orders and standard contracts. Procurement! Subscribe Here!

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