Logility

APRIL 20, 2022

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Developing Diverse, Resilient Sourcing Strateg ies. Feeling overwhelmed? You’re not alone. Driving a Much-Needed Supply Chain Reorganization.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

ToolsGroup

APRIL 20, 2022

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? I’ve got you covered. 1: Overcome the Labor Shortage by Defining Your Company. Publicize your corporate culture and values.

Sourcing Strategies 194

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

Enterra Insights

APRIL 27, 2021

At the time, Bain & Company analysts observed, “Leaders must grapple with a longer-term question: How should we retool our supply chain to protect against shocks while staying competitive on cost and value? There has been plenty of bad supply chain news over the past year. But as the Suez Canal crisis shows, looks are deceiving.”[3]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

EC Sourcing Group

DECEMBER 5, 2022

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

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 From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business.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

AUGUST 9, 2022

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? . Cost-effective.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Sourcing Supply Chain Software 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. Savings tracking and analytics .

Optimal Sourcing 52

Optimal Sourcing Demand Planning Software Sourcing Strategies Supply Chain Software 52

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

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. So, which techniques should sourcing and procurement leaders employ to manage these challenges?

Sourcing 80

Sourcing Procurement Supply Chain Planning Software Supply Chain Design Software 80

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

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

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supply chain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. But there was a cost to this.

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 248

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

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. Subscribe Here!

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Logistics Viewpoints

JANUARY 11, 2024

Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supply chain data, you have gray area within your organization. In the supply chain, accurate data is what alerts you to delays due to weather emergencies and other calamities upstream in enough time to adjust your plans.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 228

Logistics Viewpoints

NOVEMBER 8, 2023

And third, it is the starting point for understanding the level of an organization’s GHG emissions at a given point in time. FourKites , the global leader in real-time supply chain visibility, has launched a Sustainability Dashboard where companies can see miles traveled to create a baseline for emissions.

Benchmarking 217

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 217

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. Expand your networks.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

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

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. In this particular posting, we share our review of: Profit From The Source- Transforming Your Business By Putting Suppliers at the Core.

Manufacturing Procurement 59

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

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers. Read on to learn about the benefits. Operational.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Supply Chain Software EC Sourcing 52

Talking Logistics

MARCH 27, 2013

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing.

Manufacturing Procurement 172

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Sourcing 172

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

SupplyOn

APRIL 23, 2020

What, when, in what quantity and at what time is to be delivered usually remains unclear until goods receipt. Already in these projects, minimizing risks through real-time information on the state of the supply chain and identifying risks arising from production disruptions or transport problems were among the key issues.

Just-in-Time 40

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

Jaggaer

MARCH 30, 2020

For television, it took just 13 years, while Facebook took only 3.5. For television, it took just 13 years, while Facebook took only 3.5. The mobile game Pokémon GO, however, took just 19 days to reach 50 million users. Sourcing with Big Data. The Accelerating Pace of Change.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

The Logistics of Logistics

NOVEMBER 8, 2021

Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Popcapacity leverages technology to simplify the process of sourcing warehouse space. Our platform was designed to reduce amount of time and cost associated with sourcing new warehouse and fulfillment space.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

The Logistics of Logistics

FEBRUARY 16, 2014

Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. Customer Service: The Real Source of SCM Innovation. Just as it has for Amazon. Not technology. Not business process re-engineering (BPR).

Optimal Sourcing 173

Optimal Sourcing Network Optimization Software Customer Service Logistics Network Optimization Software 173

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

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

ivalua

NOVEMBER 19, 2015

If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. And the C-suite knows just who to come see and hold responsible when such events occur. And the C-suite knows just who to come see and hold responsible when such events occur.

Manufacturing Procurement 124

Manufacturing Procurement Purchasing Skills Sourcing Gartner 124

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

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52