Procurement Academy

OCTOBER 18, 2023

Additionally, if your employees are highly proficient, they can help to create an atmosphere that fosters innovation and can even influence your business’ stock market performance. A proficient team will drive innovation Skill proficiency and innovative thinking are closely intertwined.

Negotiating Skills 52

Negotiating Skills Buyer Training Supply Chain Performance Pricing Training 52

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 96

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 96

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Logility

DECEMBER 15, 2023

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

ToolsGroup

JULY 6, 2023

ToolsGroup has a long history of innovating with our customers in mind. IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Kinaxis

AUGUST 5, 2014

A few hours later, your procurement head walks in the office. “We No off the shelf tools exist. Efficiency programs like lean drove us to reduce suppliers and cut inventory. Supply chain risk management practice advises us to source additional suppliers and plan additional strategic inventories as mitigation strategies.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 206

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

MAY 2, 2024

Reduce Costs: By effectively managing disruptions and minimizing their impact, organizations can avoid costly downtime, production delays, and inventory shortages. Drive Innovation: Building supply chain resilience often requires organizations to innovate and adapt their business processes. A resilient supply chain can: 1.

Agile and Lean Supply Chain 66

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 66

Logility

MARCH 11, 2024

It is her drive and passion to lift her team and provide them with the right tools that continues to promote business development success wherever she goes. “Many of today’s supply chain pros are more than just leaders within their space; they’re innovators, decision makers, pioneers of change and growth.

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

TrackVia

MAY 25, 2023

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Check out how UC San Diego improved their inventory and asset management processes. An agile supply chain can address erratic demands and help the bottom line.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? The Companies with the greatest success are smaller and usually drive product innovation into the market. Clear mission.)

Supply and Demand 375

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 375

Silvon Software

APRIL 18, 2024

These technologies are not just transforming business areas like sales, procurement, production, distribution and others by streamlining data categorization and insight generation; they are reshaping entire business landscapes by offering real-time intelligence that informs strategic decision-making across all core areas.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Arena Solutions

MARCH 9, 2023

With this seamless connection between cloud-native CAD and PLM systems , all stakeholders in the product development process including engineering, quality, procurement, and supply chain partners are always working on the same version of a design. A complete listing of the scheduled Arena sessions and trainings can be accessed here.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 76

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Supply Chain Management and Analytics

APRIL 28, 2021

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Management in Inventory Management? Retail companies, whether it be e-commerce, brick-and-mortar, or both, care about the inventory they keep.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimal Sourcing Inventory Management 52

SCMDOJO

NOVEMBER 8, 2022

3) CIPS – Chartered Institute of Procurement and Supply | 16.3k CIPS (Chartered Institute of Procurement and Supply) is a global organisation designed to deliver a positive impact across the supply chain industry with world-class education and training. Procurement Jobs in Future. Procurement Jobs in Future.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 120

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Do I need more inventory? Thirdly, the tool can improve their financial forecast. The tool can tell them how much of their revenue is at risk if there is a failure at some point in the extended supply chain.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Locus

APRIL 1, 2022

It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for Supply Chain Network Design Tools. Inventory optimization – Multi-echelon inventory level optimization across the supply chain. Market trends also continue to evolve faster than ever.

Network Design Software 52

Network Design Software Supply Chain Design Software Supply Chain Network Software Gartner 52

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

JUNE 21, 2023

SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

ThroughPut

OCTOBER 16, 2022

A roadmap towards achieving demand-driven inventory replenishment planning. Therefore organizations which have a replenishment planning approach with a demand-driven module, ensures inventory optimization , reduces rework, and eliminates bottlenecks in the supply chain to enhance resilience. Why demand – driven replenishment?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Elementum

FEBRUARY 7, 2024

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale. Business Rules Engine: Automated decision-making based on a predefined set of rules.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

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

Jaggaer

MAY 12, 2020

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Procurement Predictive Analytics Software 52

ToolsGroup

JUNE 15, 2021

Polaris, which manufactures a wide range of vehicles including motorcycles, snowmobiles, ATVs, and agricultural vehicles, deployed ToolsGroup’s supply chain planning software to optimize spare parts inventory in its complex European distribution network against the high target service levels that its customers expect. Go to www.SDCExec.com.

ToolsGroup 120

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply and Demand 120

SCMDOJO

AUGUST 21, 2023

His content focuses on equipping aspiring professionals and existing practitioners with the necessary tools to excel in the supply chain industry. These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97