Remove Just-in-Time Remove Procurement Solutions Remove Quality
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Thoughts. Selecting Supply Chain Software

Supply Chain Shaman

In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. Business leaders see the open sharing of feedback on software as too risky. How can I improve the process of software selection?

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

Their copilot-style solution is known as Joule. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. My advice,” he concluded, “is just jump in.

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The Strategic Importance of Global Procurement

Logistics Bureau

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.

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Chief Procurement Officer (CPO) — Meaning and Their Role in Procurement

Precoro

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

They are no longer just vendors of goods and services. Below is a checklist of key actions to follow: Dedicate Time to Supplier Relationships Reallocate time and prioritize direct engagement with key suppliers. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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Logistics Software: How to Make Handling Peak Times Easy

Logistics Viewpoints

The good news is that these peaks come at about the same time every year and can therefore be easily planned for. The hype usually revolves around just one item and can easily be managed by a modern logistics system. Logistics software is your ace in the hand, before, during and after the peaks. Peaks are all so different.