Logistics Viewpoints

JUNE 7, 2022

Having an effective supply chain practice has always been a difficult balancing act, even in relatively stable times. Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. Gap between supply chain and procurement.

Agile and Lean Supply Chain 270

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 270

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Logistics Viewpoints

OCTOBER 10, 2022

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. in turn, is a boutique procurement consultancy.

Supply Chain Risk Management 223

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

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Supply Chain Shaman

NOVEMBER 9, 2023

The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. “At the Digital Supply Chain event at SAP. I just went live this year with a Fortune 25 company, and their factories book against their orders online. Is there value?

Optimal Sourcing 335

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 335

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Resiliency. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. Alongside these skills, attention to detail and communication skills are paramount.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

EC Sourcing Group

NOVEMBER 8, 2022

??Meeting the Demand in Sourcing and Procurement. In recent years, considerable efforts have been made to simplify and streamline sourcing, procurement, and overall supply chains to meet demand more effectively. Sourcing and Procurement Optimization : Speed and Transparency.

Optimal Sourcing 52

Optimal Sourcing Demand Planning Software Sourcing Strategies Supply Chain Software 52

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Manufacturing Procurement 173

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Planning Software Optimal Sourcing 173

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Then multiply by 10 for the Tier 3.”

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

LevaData

FEBRUARY 14, 2022

The discussion around the state of the environment has been ongoing for quite some time. But these days, it's top-of-mind for sourcing and procurement professionals like never before. Sourcing- and Procurement-Specific Challenges. First, we must use a new lens to view supply chain design.

Sourcing 80

Sourcing Procurement Supply Chain Planning Software Supply Chain Design Software 80

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. 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.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

Logistics Viewpoints

APRIL 18, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from the team at Coupa and explores an agile and resilient supply chain. Building resiliency and agility require collaboration.

Agile and Lean Supply Chain 209

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 209

Logistics Viewpoints

APRIL 3, 2023

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supply chain plan that spans out over several months – often 24 or 36 months.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . View Webinar Replay.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

Supply Chain Matters

SEPTEMBER 21, 2022

From time-to-time the Supply Chain Matters blog features book reviews which we believe would be of value and a learning asset to our extended global supply chain management community of readers. When the boss offers someone a job in procurement. Book Content.

Manufacturing Procurement 59

Manufacturing Procurement Sourcing Strategies Supply Chain Software Supply Chain Planning Software 59

Logistics Viewpoints

APRIL 7, 2022

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supply chains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.

Supply Chain Design Software 239

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

Logistics Viewpoints

DECEMBER 12, 2022

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Supply chain planning is not just for the big boys. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 113

Modeling Supply Chain Risk Management Modeling Software Risk Management 113

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Logistics Viewpoints

OCTOBER 23, 2023

One of the ideas at the heart of the discipline of supply chain management is the importance of collaboration. The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. One thing that makes Musk distinctive is his hands-on approach to product design.

Manufacturing Procurement 259

Manufacturing Procurement Supply Chain Design SAP Procurement 259

ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.

Procurement Solutions 147

Procurement Solutions Supply Chain Planning Software Supply Chain Software Forecasting Software 147

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

EC Sourcing Group

AUGUST 31, 2021

Top 5 Sourcing and Procurement Techniques. With sourcing and procurement , a solid strategy is essential to ensure that your ROI is strong, your relationships with your suppliers are doing well, and that your team appropriately supports your stakeholders and company’s overall goals andobjectives. .

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Procurement 52

ivalua

OCTOBER 24, 2022

Under Pressure, Will Procurement Take Performance Higher in 2023? . Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. “Our

Optimal Sourcing 100

Optimal Sourcing Procurement Resource Reduction Negotiating Skills 100

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. The HS code determines the tariff a product will incur at the time of import.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

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. Avoid supply chain disruptions. Reduce issues at the border.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

ivalua

DECEMBER 8, 2020

Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. People should be thankful, and procurement practitioners proud. Examples abound.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiating Skills Purchasing Skills 130

ivalua

OCTOBER 24, 2019

Alex Saric, Smart Procurement Expert, Ivalua. Supply Chain Managers today have never been so reliant on suppliers to deliver goods and services to customers. Globalisation has made is much easier for UK businesses to trade across borders, allowing access to lower cost sources of supply and new markets.

North Korea 100

North Korea Procurement Supply Chain Planning Supply Chain 100

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 52