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

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

Enterra Insights

DECEMBER 21, 2022

Patricia Scotland ( @PScotlandCSG ), Secretary-General of the Commonwealth, told COP-27 participants that every available tool must be leveraged to improve food security. She stated, “We must use big data and digital tools to protect food security and increase climate resilience. Improve natural dietary guidelines.

Food 130

Food Security Optimization Software Optimal Sourcing 130

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

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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

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

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

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. In this article, we delve into an unconventional yet remarkably effective training tool: movies. However, mastering this art can be tough and perplexing.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

Precoro

FEBRUARY 11, 2022

Purchase order process is an integral part of a procurement cycle as a whole. Purchase order management is important for meeting procurement goals while maintaining budget wisely. Purchase order management is important for meeting procurement goals while maintaining budget wisely. Let’s dive deeper.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Optimal Sourcing Vendor Strategies 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

SupplyShift

JULY 23, 2021

Procurement and Supply Chain. Their PSCI Principles set supply chain industry guidelines to articulate what the industry expects from supply chain, and they provide great audit collaboration opportunities through their platform. Sustainable Procurement Pledge (SPP). CPGs and Retail. The Sustainability Consortium.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Groups 52

Logistics Bureau

APRIL 4, 2022

Alternatively, you can procure access to a digital freight benchmarking platform. The range of such tools is growing along with demand, so you should be able to find one that matches your budgetary and capability requirements. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

SCMDOJO

FEBRUARY 29, 2024

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. Three key elements are suggested.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Claritum

APRIL 20, 2020

Claritum Article - Procurement Blog. Staff are working from home and using the same collaboration tools they use in the office. We continue to monitor and follow all Government guidelines and will advise of any additional changes. Bath, UK (April 15, 2020) – First 3 weeks of lockdown completed.  Claritum Actions.

Supply Chain Planning Software 47

Supply Chain Planning Software Handbook Case Study Guidelines 47

Jaggaer

SEPTEMBER 1, 2020

When procurement thinks about why they might implement a category management pro cess , the reasons that come to mind are likely to involve more effective management of spend or having increased time to invest in strategic supplier relationships. That said, procurement should emphasize the right kind of savings.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Procurement Solutions 52

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 Analytics Software Baltimore 40

Supply Chain Game Changer

OCTOBER 4, 2022

A successful “management mindset” aims to carefully regulate firm budgets, maintain production and logistic operations on track, supervise production processes, and simplify regulations and guidelines throughout the duration of a project.

Manufacturing Procurement 81

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

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. Here are the 3 actionable guidelines for CSCOs to accelerate Supply Chain Optimization and Planning over the next few years.

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. Here are the 3 actionable guidelines for CSCOs to accelerate Supply Chain Optimization and Planning over the next few years.

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. The project team should also investigate tracking tools to guarantee product traceability at any time. In the US, the Drug Supply Chain Security Act (DSCSA) was updated in 2017 to require compliance with FDA labeling guidelines. JAGGAER is here to help.

Pharmaceutical 72

Pharmaceutical Optimal Sourcing Supply Chain Network Software Network Optimization 72

ivalua

JUNE 18, 2020

Sourcing optimisation tools have traditionally been for the select few due to the complexity involved. 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.

Optimal Sourcing 26

Optimal Sourcing Sourcing Strategies Supply Chain Software Supply Chain Visibility 26

EcoVadis

NOVEMBER 24, 2016

Organizations seeking better visibility of their business partners’ anti-bribery management systems will soon have a new tool to leverage. federal sentencing guidelines etc.). EcoVadis assesses supplier CSR risks using 21 criteria covering environment, labor & human rights, business ethics and sustainable procurement.

System 70

System Optimal Sourcing Buyer Training Guidelines 70

Unleashed

OCTOBER 30, 2023

Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products. This will help to improve supplier relationships.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Precoro

APRIL 18, 2023

Shipping Rates Delivery cost makes up a significant part of a company’s procurement expenses, so visibility is essential for taming the spending. Build Transparent and Flexible Workflows Supply chain visibility is only possible when everyone involved is aware of their roles and responsibilities and follows established guidelines.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Precoro

SEPTEMBER 4, 2023

Maintaining some safety stocks or buffer inventories (as a general guideline, the safety stock amount should be the amount of inventory used per day multiplied by the lead time in days). Ideally, it should also let suppliers directly access the tool in order to communicate, attach documents, and provide their item catalogs.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

GlobalTranz

SEPTEMBER 28, 2016

People: Are our SCM people aware of Quality Manual or Guidelines available in business? Have our Supplier Development and Supplier Quality Engineering completed necessary training of supplier quality tools like Advance Production Quality Planning (APQP)? Do we communicate Supplier Excellence Manual constantly towards suppliers?

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Precoro

APRIL 22, 2024

They oversee regulatory reporting requirements, such as filings with government agencies and regulatory bodies, and ensure that the organization operates within legal and ethical guidelines. A key feature of procurement tools is that they let departments set budget limitations and ensure they are met.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

Supply Chain Game Changer

OCTOBER 13, 2022

Among the many challenges are driver availability, increased use and demand for transportation management systems, and growing regulatory guidelines, to name a few. Take advantage of all the communication and collaboration tools and apps you can use so your business isn’t missing out.

Freight 106

Freight Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software 106

SCMDOJO

MARCH 19, 2023

There may be some overlap between the needs for knowledge exchange or coordination between, say, the departments of finance and procurement, whose personnel may need to contact one another. Identify Operations, Systems And Assets You ought to be familiar with the tools, resources, and business procedures your company uses.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Security Supply Chain Strategy 59

QAD

JUNE 8, 2021

The AIAG/Odette Materials Management Operations Guideline/Logistic Evaluation ( MMOG/LE ) provides organizations with a supply chain management system. According to Deloitte , only 18% of chief procurement officers say they are formally tracking risk in their direct (Tier 1) supplier base and only 15% have visibility beyond that.

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

Unleashed

MARCH 24, 2020

Therefore, it is important to establish a set of guidelines to improve inventory decisions and optimise inventory control. The main objective of inventory control is to reduce procurement costs as much as possible while managing the holding costs to keep inventory stock on your shelves. Decision objectives.

Inventory Reduction 61

Inventory Reduction Inventory Management Software Waste Reduction Inventory 61

EcoVadis

NOVEMBER 30, 2018

While supplier collaboration can help companies better understand where their ingredients come from and how they are procured, engaging third parties in this kind of mission is not always easy. Step One : Integrating E nergy Criteria Into Procurement. making steel in energy-efficient furnaces). Step Two : Communicate With Suppliers.

Optimal Sourcing 40

Optimal Sourcing Sustainability Manufacturing Procurement Material Savings 40

EcoVadis

SEPTEMBER 22, 2016

Contract law can contribute to the enforcement of voluntary Corporate Social Responsibility (CSR) commitments throughout the supply chain, but CSR clauses should first and foremost stay a proportionate tool to engage suppliers on CSR issues. Not necessarily, if procurement teams choose to render them binding through contractual force.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 40

EcoVadis

SEPTEMBER 17, 2015

During the EcoVadis SustaIn event in March, Marco Gonçalves , Senior Vice President and Chief Procurement Officer at Nestlé shared how they have taken responsible sourcing program beyond compliance and sustainability, to Creating Shared Value in their initiative. In the case of responsible sourcing, we are working on two fronts.

Optimal Sourcing 40

Optimal Sourcing Video Supply Chain Planning Software Case Study 40