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.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

Logistics Viewpoints

OCTOBER 3, 2022

Thirdly, all the COVID supply disruptions brought home the need for better supply chain risk management. Risk management had been a hard sale. Companies typically embrace improved supply chain risk management after a disaster – after the horse had already fled the burning barn. They are not.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 287

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

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 101

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 101

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Key spend management suppliers include GEP, Coupa, and Jaggaer.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

ShipBob

JULY 18, 2022

This makes it crucial for ecommerce businesses to minimize and prevent inventory risk as best as possible with accurate forecasting and inventory management. 6 examples of inventory risk and ShipBob’s solutions. Businesses end up losing money when inventory risk isn’t kept in check. Inventory risk management with ShipBob.

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. ” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1.

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? Which gets me to the question, “What is supply chain management?

Supply Chain Planning Software 375

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 375

ToolsGroup

SEPTEMBER 20, 2022

When I launched this award three years ago, I was prepared for an uphill battle,” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. “ Supply & Demand Chain Executive and sister publication Food Logistics are also home to L.I.N.K. About ToolsGroup.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Cooper University Health Care Selects Interos Over the past 15 years, modern risk management platforms have evolved. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

ThroughPut

OCTOBER 1, 2020

What is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) is defined as the process of taking those strategic steps which can help manufacturers identify, analyze, assess, and finally mitigate the risk in the end-to-end supply chain. The Supply Chain Risk Management Lifecycle.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 52

Logistics Viewpoints

AUGUST 6, 2014

The post Efficient Financing Options Help Enhance Factory Standards in Emerging Markets appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives. Procurement/Sourcing Supply Chain Planning Supply Chain Risk Management financial supply chain GT Nexus IFC'

Sourcing Strategies 184

Sourcing Strategies Supply Chain Risk Management Supply Chain Planning Risk Management 184

Jaggaer

APRIL 22, 2019

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement at the pivot point. using a total cost of ownership strategy) and identify key risks (and related costs) to avoid.

Manufacturing Procurement 91

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 91

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient.

Optimal Sourcing 286

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 286

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

EC Sourcing Group

NOVEMBER 17, 2020

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Supply chain management software can do quite a lot—part of the importance of supply chain management software is that it goes well above and beyond what procurement software can do. Spend analytics.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Environmental changes involve shifts in sustainability requirements, climate-related risks, or the need to comply with environmental regulations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

ivalua

NOVEMBER 26, 2020

Supply Chain Risk Management on the World Stage – Lessons Learned. Managing Risk Across the Supply Chain Remains Challenging. A clear recommendation at the start of the pandemic was for organizations to map their supply chains so they know where their suppliers and key logistic hubs are located.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Coupa is well funded and performed well in the indirect procurement software market. The supply chain career is new.

Supply Chain Design Software 284

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 284

Supply Chain Movement

AUGUST 27, 2014

International Category Manager – Logistics. Can you deliver added value and cost savings from a supply chain, optimise and develop procurement processes, manage a wide range of suppliers internationally and identify new supply sources? Identify and lead Sourcing Projects within the category.

Negotiating Skills 79

Negotiating Skills Purchasing Skills Sourcing Strategies Cost Reduction Strategies 79

Logistics Viewpoints

APRIL 7, 2022

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Switching to alternate sources of supply or modes of transportation should be considered as appropriate, and such alternates should be activated on a short notice.

Supply Chain Design Software 239

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

Logistics Viewpoints

MARCH 2, 2023

Supply chain leaders get it, as confirmed by recent PwC research that shows: Investing in advanced supply chain capabilities bears fruit through lower costs, increased revenues, improved sustainability, higher asset utilization, better risk management, and greater rates of on-time, in-full delivery to B2B and B2C customers.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Risk Management.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Logistics / Freight.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Logility

JULY 14, 2022

says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

ToolsGroup

MARCH 17, 2021

These winners collaborated, optimized, developed, educated and played a critical role in the survival and success of their company amid a global pandemic,” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. “I About Supply & Demand Chain Executive. Go to www.SDCExec.com.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

SYSPRO Smarter ERP

MARCH 27, 2023

It involves ensuring that critical aspects of the supply chain, such as sourcing of raw materials, manufacturing processes, and distribution channels, are managed in-house or using trusted partners. Revise sourcing policies to focus more on reliable delivery rather than just lower costs.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

Talking Logistics

JULY 24, 2015

There was a lot of supply chain and logistics news this week, so let’s go straight to it. UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Bloomberg broke the news this week that UPS is reportedly in talks to buy Coyote Logistics for $1.8 Billion (Bloomberg). Descartes Acquires MK Data Services LLC.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 100

Logistics Viewpoints

DECEMBER 16, 2015

We are entering an era where it is becoming possible to detect supply chain risks much more quickly. In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […].

Supply Chain Risk Management 100

Supply Chain Risk Management Case Study Risk Management Supply Chain Design 100