SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 96

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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. The situation changes with a larger number of suppliers.

Optimal Sourcing 116

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SYSPRO Smarter ERP

MARCH 27, 2023

Instead of the old vertically integrated business models (where one manufacturer performed most activities), international supply chains using specialized suppliers led to lower costs of production and services, improved quality, and better pricing. Revise sourcing policies to focus more on reliable delivery rather than just lower costs.

Manufacturing Procurement 104

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IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

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AFFLINK

AUGUST 12, 2022

For procurement leaders, this finding indicates marked potential for making an environmental impact. For manufacturing facilities, the pressure is on to become the essential link to a more sustainable value chain. What Forces Are Driving The Demand For Sustainability In Manufacturing? The good news?

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Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

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Synovos

FEBRUARY 21, 2023

As stated in “Operating Without Borders – Building Global Resilient Supply Chains” , a report from the manufacturers’ association Make UK, “Supply chain resilience is currently top of the agenda for policy makers, government, and business leaders alike. However, near shoring provides only a partial solution. “The

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Synovos

NOVEMBER 10, 2023

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement.

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ivalua

DECEMBER 21, 2021

Together with its strategic partner Optis Consulting, Ivalua’s solution has digitally enabled FCL’s policies and processes for core procurement activities, including sourcing and contract management. About Federated Co-operatives Limited and the Co-operative Retailing System. Our total workforce of 24,000 employees serve 1.9

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Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The goal was to teach the impact of system dynamics in a non-linear system that we now call the supply chain. Most of the time, implementing Advanced Planning Systems, Enterprise Resource Planning (ERP), and Supplier Relationship Management (SRM) increases the bullwhip impact.

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Vecco International

FEBRUARY 4, 2024

Vecco International announces the rollout of a game-changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs). Vecco’s PIM system integrates with the internal systems a manufacturer has in place without disruption.

Inventory Management Software 40

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SYSPRO Smarter ERP

AUGUST 1, 2022

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. A Bill of Materials (BOM) is a comprehensive list of all the items needed to manufacture a product. What is a Bill of Materials?

Optimal Sourcing 111

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SYSPRO Smarter ERP

NOVEMBER 21, 2022

Too little inventory also creates problems — for manufacturing, customer service, and maintenance. For a small manufacturing operation, with limited inventory items, a small storage area, and a few customer orders, a spreadsheet might manage inventory sufficiently. Benefits of an inventory management system.

Optimal Sourcing 111

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Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, the entire organization gamed the system to improve personal gain. Focus on Cost.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

JUNE 29, 2022

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. ” Most have the same values in the system as when it was installed.

Supply Chain Design Software 256

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Vecco International

MARCH 31, 2024

Vecco International provides a game changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs). Smaller manufacturers do not require bespoke configuration but cannot afford the up-front fees or the investment of key staff for a successful on-boarding.

Supply Chain Planning Software 40

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Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process. Measuring and reporting.

Procurement Analytics 59

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Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, the entire organization gamed the system to improve personal gain. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Optimal Sourcing 130

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ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Cost Reduction Strategies 130

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Logility

MAY 10, 2022

such as unit-based policies for safety stock, ABC classifications, and inventory planning based on spreadsheets ? For example, planning teams can focus on exceptions and value-added activities while the platform automatically releases orders into their existing ERP system ? Decades-old, tried-and-true rules ?

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. These core assumptions are no longer true.

Supply Chain Design Software 130

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Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

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Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. A close alignment between Procurement and Supply Chain can also yield several very interesting use cases that will help turbocharge your business.

S&OP 245

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ivalua

SEPTEMBER 20, 2021

Asian Paints selected Ivalua because of their ability to deploy quickly, support all spend categories, easily integrate with existing ERP systems and meet their unique industry requirements. Ivalua’s complete, modular platform also allows Asian Paints to later digitize the full Source to Pay process in alignment with their long-term roadmap.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Sourcing Supply Chain Planning Software 130

Precoro

JULY 8, 2022

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. There are several undeniable benefits of hiring purchasing managers, as they immediately affect various procurement KPIs. Increased Savings.

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GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. Another important issue is the company’s privacy policy.

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Supply Chain Shaman

JUNE 14, 2018

Within IT organizations, there are many zealots of existing systems. It requires the oversight of a non-linear, and often very unpredictable, system. Systems thinking is tough for people with a transactional mindset. As a result, the functions do not align to drive flows and small changes thrown the system out of balance.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

ivalua

SEPTEMBER 8, 2022

Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

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QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

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The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. All products are classified with a specific code according to the Harmonized System (HS). This practice is illegal. Product strategies. Reclassification.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. But AP has become stuck in a rut created by system providers, and has been taken down a dead end alleyway called the e-Invoicing Network. or Accounting systems (e.g. Xero, Sage, Quickbook etc.)

Supply Chain Software 237

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SCMDOJO

AUGUST 16, 2023

[Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess.

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Legacy systems:? Talent gaps: ?

Forecasting 105

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ivalua

MARCH 17, 2021

Inefficient, often disparate systems, as well as duplicative processes add to that complexity. Replacing inefficient legacy systems and manual processes with technology capable of automating the entirety of the grants process has become the goal. The Procurement Link. 15 billion for small businesses in low-income communities.

Manufacturing Procurement 130

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