GlobalTranz

MARCH 13, 2018

As well as design and weight capacity you’ll need consider export and import guidelines as these will influence which pallets you required. If you’re currently in the procurement process and finding it difficult to decide, you might want to review the advantages of plastic pallets as well as these handy buying tips !

Guidelines 265

Guidelines Capacity Supply Chain Design Transportation Management 265

Supply Chain Game Changer

OCTOBER 2, 2020

Whether you are planning to start from scratch or looking to revamp the existing infrastructure for your business, here are some guidelines to help with your infrastructure planning. Enhancing supply chain operations is all about collaboration between various operations, including manufacturing, procurement, logistics, sales, and finance.

Supply Chain Planning Software 82

Supply Chain Planning Software Guidelines Scenario Planning Supply Chain Planning 82

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms. Delivering Goods.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

LSCMS

DECEMBER 15, 2023

LeMaster highlighted the variety of subcommittees within the council, including those focusing on digitalisation, ocean procurement, and air freight procurement, all working collaboratively to share best practices and spearhead change.

Sustainability 130

Sustainability Resource Reduction Waste Reduction Material Savings 130

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 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 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Price Reduction Vendor Strategies 45

Supply Chain Game Changer

JUNE 10, 2025

This process involves tracking, managing, and optimizing hardware, software, and network components from procurement to disposal. Finance and Procurement Teams From a financial perspective, ITAM is a game changer. ITAM helps ensure that all software and hardware adhere to regulatory guidelines, minimizing the risk of legal penalties.

Asset Management 84

Asset Management Optimal Sourcing Optimization Software Procurement Solutions 84

Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! 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.

Optimal Sourcing 98

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 98

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Being prepared allows for efficient and timely execution of procurement functions.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Supply Chain Matters

FEBRUARY 3, 2025

Specific Business Process Support Areas This newest advanced AI technology aims to span all areas of the supply chain, to include procurement, manufacturing, maintenance, inventory management, sustainability, planning, and product lifecycle management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

The Network Effect

OCTOBER 3, 2014

A number of comprehensive business process and supply chain specifications designed for the automotive industry are in use today, including the TS16949 standards (related to ISO 9001) and the AIAG Materials Management Operating Guidelines (MMOG). This transaction is represented by the “procure to pay” cycle.

Supply Chain Network Software 195

Supply Chain Network Software Modeling Software Automotive Supply and Demand 195

Bristlecone

FEBRUARY 6, 2025

This heightened awareness places a significant responsibility on procurement professionals to ensure that their supply chains align with ethical and environmental standards. Implementing Ethical Sourcing in Procurement 1 Set Clear Goals: Define specific, measurable, achievable, relevant, and time-bound (SMART) ethical sourcing goals.

Optimal Sourcing 59

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Planning Software 59

GlobalTranz

OCTOBER 3, 2016

The research suggests improved enterprise Digital Supply Chains ( DSC ) can lead to a 20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%. That is, flip the focus to the customer-facing side – the frontside – of the business. The project will document best practices and future trends.

Supply Chain Design Software 252

Supply Chain Design Software Resource Reduction Cost Reduction Strategies Supply Chain Software 252

ivalua

JUNE 18, 2020

Savings Tracking – Significant enhancements to Ivalua’s existing solution allow Procurement and Finance to easily define, manage and track savings according to their own internal guidelines. Procurement leaders can ensure the significant savings they generate are recognised financially.

Optimal Sourcing 26

Optimal Sourcing Sourcing Strategies Supply Chain Visibility Supply Chain Software 26

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 98

Precoro

JANUARY 29, 2024

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

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

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

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. The Smart Freight Procurement Guidelines published by SFC provide shippers with a useful roadmap for achieving this.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

SCMDOJO

OCTOBER 15, 2024

As investments, these machines cost you a lot of money to procure and the least you could do is allow them to get damaged, leading to unwanted repair costs on top of having to buy expensive replacement parts. These guidelines should include steps before, during, and after equipment use.

Industry 98

Industry Industrial Guidelines Supply Chain Software 98

Freightos

AUGUST 10, 2024

So looking inwards, we’ve used a modified version of our external chatbot to provide a resource for employees and new hires to ask complex questions about scenarios not covered in their initial training or SOP guidelines. The system learns from these interactions, continuously improving its responses.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 268

Supply Chain Opz

JUNE 23, 2014

Then, general guidelines for level of forecast can be found as below, - If your customer doesn''t share demand forecast with you, use your own historical data to make a forecast at SKU level - If you get POS data from customers, use it to make forecast at SKU/store level.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Jaggaer

APRIL 9, 2025

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. Automated compliance tracking reduces the risk of violations and helps maintain product integrity.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 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 69

Optimal Sourcing Procurement Purchasing Skills Pricing Training 69

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 71

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 71

Jaggaer

DECEMBER 13, 2024

What is Procure to Pay (P2P)? Procure-to-Pay commonly known as P2P, encompasses the entire cycle of buying activities from identifying a need for goods or services to completing payment to a supplier. A well-managed P2P process improves operational efficiency, controls costs, and enhances compliance with procurement policies.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

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

SCMDOJO

JUNE 9, 2025

In the procurement phase, documentation begins with purchase orders and supplier contracts. Poor documentation introduces uncertainty, leading to stock imbalances, delayed procurement, or excess spending. As such, at every stage, specific records ensure accuracy, accountability, and coordination across teams and systems.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

ivalua

MAY 2, 2025

In our previous posts ( part 1 , part 2 ), we explored the potential of AI agents in procurement, how they can drive efficiency, and the organizational changes required to adopt them effectively. A unified procurement platform ensures that agents function as part of an integrated system.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Procurement Analytics Modeling Software 130

EcoVadis

MAY 9, 2018

Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards. The commitment to sustainable procurement extends to ensuring suppliers follow sustainable practices. In the U.K.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 60

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 56

Procurement Analytics Procurement Solutions Procurement Negotiate Pricing 56

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 56

Procurement Analytics Optimal Sourcing Procurement Purchasing Skills 56

Freightos

JULY 31, 2024

So looking inwards, we’ve used a modified version of our external chatbot to provide a resource for employees and new hires to ask complex questions about scenarios not covered in their initial training or SOP guidelines. The system learns from these interactions, continuously improving its responses.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Supply Chain Software 177

Supply Chain Movement

APRIL 29, 2014

Supply chains are becoming increasingly complex with rising costs, ever more demanding customers and rigidly upheld guidelines. Improving hospital logistics processes, outsourcing logistics and improving procurement activities can deliver impressive results. Medtech producers have no choice but to execute a strategic plan: Do.

Supply Chain Design Software 97

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