Kodiak Hub

SEPTEMBER 23, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. It’s time to air our dirty laundry.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 59

EcoVadis

JULY 13, 2018

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. Unlike many other standards, ISO 20400 is not intended for certification, but it may lead to performance assessments. What Are the Key Benefits?

Procurement Analytics 74

Procurement Analytics Procurement Solutions Optimal Sourcing Sustainability 74

SupplyShift

JULY 23, 2021

Industry groups are one of the best ways for companies to put their heads together and solve common issues, helping them achieve net-zero supply chain emissions, drive visibility into sub-tier suppliers, and collaborate on any number of ESG issues. For more info, join their Sustainable Procurement Ambassadors LinkedIn group.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Network Software Groups 52

SupplyShift

JULY 23, 2021

Industry groups are one of the best ways for companies to put their heads together and solve common issues, helping them achieve net-zero supply chain emissions, drive visibility into sub-tier suppliers, and collaborate on any number of ESG compliance issues. Procurement and Supply Chain. Sustainable Procurement Pledge (SPP).

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Groups 52

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Furthermore, the guidelines spelled out in IWAY established a new normal for the future of Ikea’s requirements on suppliers. Now bear with me here….

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

However, the trucking industry is highly fragmented, composed of many small and medium-sized carriers. Most of the shippers procure their transport through long-term contracts with selected carriers. Thus, freight buyers need to do more to integrate decarbonization into their procurement practices. environmental benefits.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Matters

FEBRUARY 19, 2024

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Governments including Canada , Germany , and the United Kingdom have enacted special legislation in these areas.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

Freightos

APRIL 27, 2023

The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry. Legibility, followed by analysis and the ability to take action can literally change industries. Real world, meet data.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Precoro

JULY 16, 2023

Whether or not the purchasing manager decides to incorporate outside guidelines, like those from the APS, they should work together with upper management to define these goals. Emergency Purchase Rate This KPI helps purchasing managers measure how successful they are at handling unforeseen procurement needs.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

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

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. Detailed audit trails of all transactions provide transparency and evidence during regulatory audits and can aid in the investigation and resolution of customer complaints, aligning with FDA guidelines.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Game Changer

NOVEMBER 7, 2019

In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. The Digital Procurement Ecosystem. Digitization vs. Digitalization.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Such analysis is essential for understanding procurement requirements.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Game Changer

NOVEMBER 28, 2018

Check out Procurement Outsourcing – Keep your Integrity! The details were still a bit sketchy but pointed to a serious breach of our business conduct guidelines. I was shaken by the reality that our people, our trusted procurement professionals, were being implicated for fraudulent behavior towards our suppliers.

Procurement Analytics 43

Procurement Analytics Procurement Solutions Procurement Negotiate Pricing 43

The Logistics & Supply Chain Management Society

JULY 16, 2023

Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address. What is IWAY?

Procurement Analytics 43

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 43

Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Matters

SEPTEMBER 27, 2023

A demo of functionality included not only the accounting of carbon consumption, but the creation of a data store of material components specified and procured in product supply chains that can be leveraged by supply chain teams in procurement sourcing or supplier management decisions.

SAP 52

SAP Supply Chain Planning Software Prescriptive Analytics Software Analytics Software 52

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

EcoVadis

NOVEMBER 30, 2018

Twenty percent of the world population lacks access to modern electricity, but using affordable, reliable and sustainable energy is crucial to achieving many of the United Nations’ Sustainable Development Goals (SDGs), from poverty alleviation via advancements in health, education, water supply and industrialization to mitigating climate change.

Optimal Sourcing 40

Optimal Sourcing Sustainability Manufacturing Procurement Material Savings 40

Logility

MARCH 8, 2022

To put it simply, you need to know your suppliers and impose sustainability guidelines on them. You need solutions fueled by machine learning (ML) and artificial intelligence (AI) that can improve the visibility and data management of your supply chain, from sourcing and procurement through to planning and execution. .

Optimal Sourcing 147

Optimal Sourcing Sustainability Supply Chain Optimization Supply Chain Planning Software 147

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. This is effectively a “snapshot” in time. and “What is the potential return on investment?”

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

NC State SCRC

MARCH 15, 2016

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Baltimore Analytics Software 40

QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” But, the industry has been here before and fixed it! Are We Really Learning from Our Mistakes?

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

BlueYonder

MAY 22, 2020

Our experts, who have spent years in the supply chain industry, share their insights. . In addition to establishing company-wide policies, 3PLs must adhere to applicable state and local guidelines for each of their locations. ElMarie Hugo is Senior Director, 3PL, Distribution & Logistics Industry Strategy at Blue Yonder.

Cost Reduction Strategies 88

Cost Reduction Strategies Inventory Reduction Optimal Sourcing Procurement Analytics 88

Savant Events

FEBRUARY 14, 2024

Such legislation often makes reference to international obligations and frameworks, such as the UN Guiding Principles on Business and Human Rights, and guidelines by the International Labour Organization and the OECD. There is a clear sense of acceleration in the past two or three years, with many more countries choosing to legislate.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Negotiating Skills Waste Reduction 52

Elementum

JUNE 6, 2018

While the country has been known to rely largely on generics already (over 95% of China’s FDA approvals have been granted to generic medicines), the industry has also been plagued by concerns about the quality and effectiveness of non-branded drugs. To address this, China’s FDA has started to modify their guidelines for stricter evaluations.

Pharmaceutical 74

Pharmaceutical China Manufacturing Procurement Purchasing Skills 74

Supply Chain Game Changer

OCTOBER 4, 2022

Having project management offices (PMOs) has now become industry standard as they assure high-quality production runs by adopting precise regulations and procedures, as well as monitoring the whole manufacturing process.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

Supply Chain Movement

APRIL 29, 2014

On the flipside, the industry is facing ever-tighter legislation and regulation, combined with growing pressure on (public) healthcare spending. Supply chains are becoming increasingly complex with rising costs, ever more demanding customers and rigidly upheld guidelines.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 97

ThroughPut

JUNE 16, 2023

When a supply chain is resilient and agile, it is able to use flexible contingency planning and forecasting – from material procurement to logistics and to the final delivery of products and services. Research shows that 79% of organizations with high-performing supply chains achieve greater revenue growth compared to the industry average.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Material Savings 52

ThroughPut

JUNE 16, 2023

When a supply chain is resilient and agile, it is able to use flexible contingency planning and forecasting – from material procurement to logistics and to the final delivery of products and services. Research shows that 79% of organizations with high-performing supply chains achieve greater revenue growth compared to the industry average.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Material Savings 52

Jaggaer

JUNE 23, 2020

For more on pharmaceutical procurement, register for our upcoming webinar. Furthermore, analyses of the industry, like IMS Health reports, show a change in companies’ portfolio distribution. In the US, the Drug Supply Chain Security Act (DSCSA) was updated in 2017 to require compliance with FDA labeling guidelines. Register now.

Pharmaceutical 72

Pharmaceutical Optimal Sourcing Supply Chain Network Software Network Optimization 72

Elementum

JUNE 6, 2018

While the country has been known to rely largely on generics already (over 95% of China’s FDA approvals have been granted to generic medicines), the industry has also been plagued by concerns about the quality and effectiveness of non-branded drugs. To address this, China’s FDA has started to modify their guidelines for stricter evaluations.

Pharmaceutical 60

Pharmaceutical China Manufacturing Procurement Purchasing Skills 60

SCMDOJO

FEBRUARY 29, 2024

What metrics do others (in my industry) use? 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 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Precoro

SEPTEMBER 4, 2023

Instead, it depends on aspects like the industry, supply chain dynamics, and business model. Conversely, industries with longer production lead times or complex supply chains tend to have longer CCCs. Conversely, industries with longer production lead times or complex supply chains tend to have longer CCCs.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59