ToolsGroup

APRIL 20, 2022

Share them in your all-hands meetings, on your website, through social media, and in your job postings. The dreaded labor shortage. Whatever industry you’re in, you’re probably facing a swell of attrition, as 41% of the global workforce considers quitting. That thought keeping you up at night? Wondering what you can do about it?

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. It’s important to ensure that your vendors meet your company’s standards regarding all contracts and purchase orders. The two must work together to keep the source-to-contract process flow working effectively. . What Is the Importance of Strategic Sourcing ? Award the contract.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Sourcing 52

EC Sourcing Group

FEBRUARY 8, 2023

Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Supply Chain Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

EC Sourcing Group

MARCH 21, 2022

Sourcing is a vital piece of procurement and the overall supply chain itself. However, just about anything can be improved upon, and sourcing optimization and optimized operations can help streamline the process. Read on to learn more about how to optimize the procurement process and how to improve upon sourcing.

Optimal Sourcing 52

Optimal Sourcing Sourcing Optimization Software Supply Chain Planning Software 52

EC Sourcing Group

DECEMBER 13, 2021

What Is Vendor Sourcing? Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Read on to learn more about auction vendor sourcing and more about the management process.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Negotiating Skills 52

ToolsGroup

MAY 17, 2022

We’re inching toward the time of year when sweltering heat can only be quenched by one experience–a dunk in a cool, crisp, clean swimming pool. Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. Temperatures are rising and people are getting sweaty. between 2021 and 2026.The

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

ivalua

APRIL 2, 2019

Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Ivalua’s best-of-breed sourcing solution will empower us with the technology to drive sourcing best practices.

Optimal Sourcing 100

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 100

AIMMS

AUGUST 3, 2020

However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020). – Tweet this.

Scenario Planning 398

Scenario Planning S&OP Modeling Supply and Demand 398

Precoro

SEPTEMBER 6, 2021

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Supply Chain Shaman

APRIL 18, 2023

Process latency, the time for an organization to make a decision using a traditional S&OP process, is two-to-six weeks. The traditional leader values cost reduction but is blind on how to value time. Over four-hundred days of war in Ukraine. Growing tensions between China and trading partners. Unrest in Sudan. What is normalcy?

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Logistics Viewpoints

OCTOBER 23, 2023

Elon Musk is not just the CEO of Tesla, the market leader in electric cars and trucks, he is also the CEO of SpaceX. Where other CEOs spend a large portion of their time on finance, marketing, and sales, Musk spends a much higher percentage of his time on product design and manufacturing. Musk smiled.

Manufacturing Procurement 259

Manufacturing Procurement Supply Chain Design SAP Procurement 259

EC Sourcing Group

MAY 4, 2021

How to Streamline Sourcing from Days to Hours. When you work in procurement, one of the challenges you face is how long sourcing can take. However, you can streamline sourcing and the entire procurement process in many ways. However, you can streamline sourcing and the entire procurement process in many ways.

Sourcing Strategies 52

Sourcing Strategies Sourcing Supply Chain Software EC Sourcing 52

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Sales and marketing-driven processes are functional and no substitute for the use of channel data and improving the time for the organization to respond at the speed of business. I am also amazed. Drives Value. Mistakes Made.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

Logistics Viewpoints

MAY 8, 2023

Traditionally, planning processes are designed to serve specific time horizons – sales & operations execution (S&OE) is used for short term horizon, sales & operations planning (S&OP) for the mid-term horizon, and integrated business planning (IBP) for long term strategic horizon. This is known as the “black box” problem.

Supply Chain Planning Software 196

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 196

SupplyOn

APRIL 23, 2020

What, when, in what quantity and at what time is to be delivered usually remains unclear until goods receipt. The aim was to make better use of the information from the different internal and external IT systems in order to meet the challenges of a digital supply chain. This is why many companies have set up Industry 4.0

Just-in-Time 40

Just-in-Time Procurement Analytics Predictive Analytics Analytics Software 40

Logistics Viewpoints

JANUARY 18, 2021

Or the impact of a tier 3 supplier delay on the part you need getting on a truck to your plant in time for you to meet the production schedule so you can deliver on time in full to meet your customer’s newest requirements?”. There are two dimensions to visibility: breadth and time. – mentioned above.

Real-time Visibility 276

Real-time Visibility Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 276

ToolsGroup

MARCH 7, 2023

This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. Version 8.60 Business leaders today are looking for new ways to improve the resilience and agility of their supply chains.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Talking Logistics

FEBRUARY 18, 2016

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Logistics Viewpoints

APRIL 7, 2022

At the same time, many companies have lost access to most of the markets in Ukraine and Russia (owing to sanctions). At the same time, many companies have lost access to most of the markets in Ukraine and Russia (owing to sanctions). For the longest time, supply chain organizations’ major objective was cost optimization.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 239

ToolsGroup

DECEMBER 20, 2021

As a result of COVID, this year has seen the “normal peak” shift by at least two months (as demonstrated in the graph below) due to numerous delays in getting raw materials, production taking time to ramp back up, a lack of containers at origin, and lack of space to put them at their destination. . Image source: Bloomberg.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

AIMMS

JUNE 16, 2020

Evaluating different scenarios helps you gain much-needed network flexibility in these times of stress and can help you prepare for a resilient future. At the same time, they faced new constraints on the resource side. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.

Modeling 361

Modeling Network Design Software Scenario Planning Network Design 361

Logistics Viewpoints

AUGUST 2, 2021

Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. FourKites is a leading provider of real-time transportation visibility solutions. K-C needed one solution … to understand where loads are all across the organization” based on “one source of truth.” This was an online event.

Real-time Visibility 251

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 251

Logility

OCTOBER 21, 2021

Sustainable supply chains aren’t just better for the world; they also grow long-term value for your business. A sustainable supply chain doesn’t just have a positive impact on the world. On average, these efforts help reduce lead times from 10 to 8 weeks and purchase order (PO) release to factory exit times from 17 to 4 weeks.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

Logility

OCTOBER 18, 2022

Today’s unprecedented supply chain disruption challenges have led to executives looking for new ways of managing their supply chains, not just for today, but to prepare for future unpredictability. Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

ivalua

JULY 12, 2021

In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. Just in the limited discussion above, we noted NMSDC, CAMSC, and Supply Nation as sources of data and certifications, and there are many more.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Australia 246

Locus

OCTOBER 21, 2022

The pandemic had people locked up in their homes for a long time and spending had been frugal. So even if these sales spikes would last no longer than 10-15 days, the end of the year still promises to be an eventful time all over the world line up. There seems to be a similar uptick across other geographies as well.

Demand Planning Software 52

Demand Planning Software Supply and Demand Retail Supply Chain Planning Software 52

Enterra Insights

DECEMBER 28, 2023

Survey results showed, “53% of large companies (250+ employees) said they have been forced to respond to these pressures compared to just 31% of SMEs (small and medium-sized enterprises).” ” Resiliency and Geopolitical Risk What constitutes a geopolitical risk? The risks run the gamut from trade wars to actual wars.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Scenario Planning 130

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! And it’s not just an immense and low-cost labour force that has given Chinese manufacturers a competitive advantage. And the place to source for most, if not all, of your products is in China.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

ivalua

JANUARY 13, 2023

The following are just a few examples of some notable supplier diversity efforts across the globe. 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. Building Business Cases and Momentum. Agile Procurement in Canada.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. By ensuring on-time deliveries and minimizing stockouts, they can directly improve customer satisfaction.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

OCTOBER 10, 2022

The company works hard to meet the demanding requirements for quality, innovation, and cost from their OEM customers. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This involves not only identifying the volume and frequency of shipments but also delving into specific requirements, such as: The advent of Digital Freight Procurement Tools , means users can now compile the above data in a fraction of the time spent previously.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

MARCH 20, 2023

o9 Solutions has grown from a small company to a significant player in the supply chain planning (SCP) market in a short period of time. o9 Solutions has grown from a small company to a significant player in the supply chain planning (SCP) market in a short period of time. One of the more interesting is o9 Solutions.

Supply Chain Planning Software 209

Supply Chain Planning Software Modeling Software Procurement Solutions Demand Planning Software 209