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 89

Optimal Sourcing Procurement Supply Chain Planning Software Modeling Software 89

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 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

ivalua

SEPTEMBER 2, 2019

Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions.

Guidelines 140

Guidelines Procurement Resource Reduction Policies 140

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 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. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

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

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

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

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. Source: Deloitte CPO Survey 2018. The Digital Procurement Ecosystem.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

ivalua

JUNE 18, 2020

Innovations focus on supporting smarter and faster decisions around supplier relationships and sourcing initiatives, improving the capture and recognition of savings, increasing accounts payable automation and ensuring accessibility for all. Sourcing optimisation tools have traditionally been for the select few due to the complexity involved.

Optimal Sourcing 26

Optimal Sourcing Sourcing Strategies Supply Chain Software Supply Chain Visibility 26

SYSPRO Smarter ERP

AUGUST 2, 2023

Full bi-directional traceability from source to consumption enables comprehensive tracking of the product lifecycle, ensuring adherence to regulations like FDA 21 CFR Part 11 and Good Manufacturing Practices (GMP).

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

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

Supply Chain Matters

SEPTEMBER 27, 2023

According to the SAP announcement : “ Joule will be embedded throughout SAP’s cloud enterprise portfolio, delivering proactive and contextualized insights from across the breadth and depth of SAP solutions and third-party sources.” It is going to take more time for advanced AI approaches to establish their viability in this segment.

SAP 52

SAP Supply Chain Planning Software Prescriptive Analytics Software Analytics Software 52

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

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

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

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

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

Logility

MARCH 8, 2022

Even today, many businesses don’t have a clear sense of the source of their inputs, particularly in relation to second- or third-tier suppliers. To put it simply, you need to know your suppliers and impose sustainability guidelines on them. As you prepare to launch your sustainability journey, use these ideas to get started.

Optimal Sourcing 147

Optimal Sourcing Sustainability Supply Chain Optimization Supply Chain Planning Software 147

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

SupplyShift

JULY 23, 2021

Procurement and Supply Chain. Aim-Progress : This forum of Fast-Moving Consumer Goods (FMCG) manufacturers and suppliers promotes responsible sourcing practices and sustainable supply chains. Sustainable Procurement Pledge (SPP). For more info, join their Sustainable Procurement Ambassadors LinkedIn group.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Groups 52

SupplyShift

JULY 23, 2021

Procurement and Supply Chain Aim-Prog r ess : This forum of Fast-Moving Consumer Goods (FMCG) manufacturers and suppliers promotes responsible sourcing practices and sustainable supply chains. 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

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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

Supply Chain Game Changer

OCTOBER 4, 2022

Effective supply chain management includes the planning and implementation of several tasks such as acquisition, sources, conversion, and delivery. Partner Expertise In Sourcing. When obtaining resources, services, or data from a third party, a project manager ensures that both internal and external sources are consistent and timely.

Manufacturing Procurement 81

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

Supply Chain Game Changer

JULY 29, 2021

The USISPF through donations from its member companies also sourced 1,00, 000 portable oxygen concentrators for home and hospital use. HLL is acting as a nodal agency of Union Health and Family Welfare Ministry in the procurement and distribution of medicines and medical equipment.

India 105

India Supply Chain Saudi Arabia Portugal 105

The Logistics & Supply Chain Management Society

JULY 16, 2023

Also Malaysia has dedicated halal parks, 22 in total, supported by halal park guidelines and incentives. He is also an Adjunct Professor with UTM Azman Hashim International Business School in Malaysia, conducting research on halal procurement strategy, halal supply chain management, and halal risk and reputation management.

Risk Management 130

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

Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. The products or services ordered should always meet the agreed quality guidelines outlined in your contract or the purchase order.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

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

NC State SCRC

AUGUST 23, 2016

A new post discussed the development of a sustainable procurement standard developed by the International Standards Organization. It’s about time that the concept of sustainable procurement has a standard established around it. Many approved codes of conduct exist (e.g.,

Procurement Analytics 40

Procurement Analytics Material Savings Waste Reduction Optimal Sourcing 40

Jaggaer

JULY 21, 2020

Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. They absorb precious time – time that could be spent on more important strategic tasks that add value to the organization and make work more satisfying and rewarding for a procurement professional. Download it now.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 102

Jaggaer

JUNE 23, 2020

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. For more on pharmaceutical procurement, register for our upcoming webinar. Sourcing teams can launch a full RFQ to select a provider. RFQ, Contract, and Risk. JAGGAER is here to help. Register now.

Pharmaceutical 72

Pharmaceutical Optimal Sourcing Supply Chain Network Software Network Optimization 72

Supply Chain Game Changer

NOVEMBER 11, 2018

As you complete the form and tell us about your Game Changing activities we ask that you consider the following guidelines: Guidelines: Articles should be at least 1000 words long. Please credit and reference all sources, facts and figures. We have a “Guest Blog Form” on our site: Guest Post Form. Tell us your Story!

Guidelines 43

Guidelines Purchasing Skills Exercises Procurement 43

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

Bristlecone

MAY 7, 2020

SAP Ariba Guided Buying empowers employees to make their own purchasing decisions – while ensuring they follow your procurement guidelines and buy from your preferred suppliers. Bristlecone Industry-Specific Tactical Sourcing (BITS) is a prime example of how we amplify the value of SAP technologies.

SAP 52

SAP Purchasing Skills Procurement Solutions Sourcing 52

Supply Chain Matters

AUGUST 15, 2023

Such models can consist of billions of data and information sources, supported by enormous data analysis and compute power, that are developed or learned over time. These areas can often include supply chain planning, sourcing and procurement, customer fulfillment, logistics, transportation and other application areas.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Predictive Analytics Software Prescriptive Analytics Software 52