SCMDOJO

JUNE 3, 2025

Picture yourself at your local hardware store comparing two paint cans that appear completely identical, yet they have completely different price tags. Before digital tools entered the scene, thats almost exactly what procurement used to feel like. Manufacturing: Underestimating the needs of a project can disrupt production timelines.

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Design Software Supply Chain Software 59

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. The following are common types of negotiation in procurement: 1.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 105

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

IT Supply Chain

JUNE 18, 2025

What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Supply Chain Planning Software 52

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Brain

JUNE 16, 2025

Every time a fleet manager leaves, strategic initiatives are put on hold while a new leader starts from scratch, relearns the operation, and gets buy-in all over again. Strong supplier agreements and pricing structures depend on consistent leadership. It’s not just savings. Decision paralysis will put the mission in jeopardy.

Negotiating Skills 91

Negotiating Skills Supply Chain Planning Software Pricing Training Optimal Sourcing 91

Logistics Viewpoints

MARCH 1, 2021

Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain. Once the analysis was done for Year One set up, Year Two was pretty much the same.

Modeling 272

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 272

IQMS

DECEMBER 21, 2022

One of the most valuable benefits of attending so many conferences in-person again has been getting to talk with manufacturers about their experiences and priorities for the coming year. Here are the top 2023 manufacturing trends that are being driven by these priorities. Our discussions spanned industries, technologies, and regions.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Demand Planning Software Predictive Analytics Software 52

Bristlecone

JANUARY 8, 2025

AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers. Global CPG manufacturer identified 35%45% of its product portfolio for no-touch demand planning using machine learning (ML) forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 98

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 272

Supply Chain Shaman

JUNE 28, 2021

The group needed a clear market signal on consumption patterns and the translation of demand with minimal latency to optimize price, mix, and schedule the factory to manage margin. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 322

Supply Chain Shaman

JULY 23, 2023

” Noel is one of the 84 sign-ups in my outside-in training (five virtual classes starting next week), and I hope that he has a better understanding at the end of the class. The order latency is the time from purchase by the end consumer to the visibility of the order. Why is there a discontinuous line on the model?”

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 369

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

Precoro

JULY 15, 2024

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.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

SCMDOJO

SEPTEMBER 18, 2023

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. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Logistics Bureau

OCTOBER 11, 2024

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.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Supply Chain Shaman

DECEMBER 4, 2018

At Rockwell this includes all processes end-to-end except for manufacturing. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. From a manufacturing perspective, products vary significantly in complexity.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Commit to systems and process training. Sourcing uses P.O.

Pricing Training 166

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 166

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Or contracts and negotiations. We have let buy- and sell-side transactional relationships erode value. “ I scratch my head.

Pricing Training 262

Pricing Training Supply Chain Design Software Purchasing Training Waste Reduction 262

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Logistics Viewpoints

JULY 27, 2021

What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. There will still be a workforce needed to maintain those driverless vehicles or costs associated with maintenance done by the manufacturer or a 3rd party. Curiouser and Curiouser. In a word, it’s data. Perhaps you’re overpaying.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Logistics Viewpoints

JULY 26, 2024

based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S. And now on to this week’s logistics news.

Logistics Network Optimization Software 289

Logistics Network Optimization Software Logistics Rail Software Long Beach 289

Arena Solutions

DECEMBER 17, 2024

Ecosystem in Practice: Building a Best-In-Class Manufacturing Tech Stack Full Transcript Below: Rony Kubat All right. We found that a lot of our customers have just kind of started doing the smart manufacturing and digitization of operations, so these partnerships are new. Good afternoon, everyone. My name is Rony Kubat.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Modeling Software Supply Chain Network Software 52

Supply Chain Shaman

FEBRUARY 16, 2024

” I believe that the focus should be improving reliability (Forecast Value Added (FVA), first pass tender and yield, and manufacturing schedule adherence) while decreasing process, demand, and data latency. GenAI is promising as a means to train and help leaders learn. Or mine supplier shifts to build alternate buying plans.

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 417

SYSPRO Smarter ERP

SEPTEMBER 7, 2021

Manufacturers are shifting their focus from selling physical equipment to value-added services based on their equipment’s core capabilities. There are a lot of advantages for original equipment manufacturers (OEMs) who offer a service-based model. By addressing the needs of consumers manufacturers can increase their market share.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Design Software Modeling Software Predictive Analytics Software 111

Supply Chain Shaman

DECEMBER 4, 2018

At Rockwell this includes all processes end-to-end except for manufacturing. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. From a manufacturing perspective, products vary significantly in complexity.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Unleashed

FEBRUARY 8, 2023

Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. James Ewing: Procurement Manager at Renewable Parts Ltd. Tim Wright: Founder of two medical equipment manufacturing companies and currently MD of Langcroft Consultancy – specialists in digital transformation.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Jaggaer

JUNE 25, 2025

In earlier articles in this series on GenAI we have discussed its benefits and how it differs from other forms of artificial intelligence, as well as how in future these will converge to create highly sophisticated solutions, not least in procurement. Procurement, too, is vulnerable. Not the least of these are the cybersecurity risks.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 52

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108