ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

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. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

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. BD, was using a supply chain risk management solution. They ended up with a solution from Everstream.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

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. Business Spend Management Solutions are Networked .

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Resilinc

DECEMBER 5, 2023

For example, in the life sciences industry, biopharma companies increasingly rely on contract manufacturing and development organizations (CDMOs) to address biologics manufacturing production and capacity demand. Then, we look at where each company is manufacturing, housing, assembling, and testing.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers. Understanding Supplier Risk Management. Managing Risk at Every Step.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

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 type of business is this software suited to?

Inventory Management Software 97

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

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.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Kinaxis Purchase of Rubikloud. Reflection.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. It will not be over soon. The reason?

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

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

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Unleashed

MARCH 16, 2021

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. Goals of purchasing.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

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. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Manufacturing equipment lead times were 19 months.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

OptiProERP

MAY 3, 2021

Enterprise Resource Planning (ERP) solutions are now a dime a dozen. It’s for this reason that careful attention is needed when selecting the right ERP software for your specific business requirements. There are several options of software solutions to meet your supply chain management needs.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Procurement Solutions Analytics Software 93

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

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. Manufacturing supply.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

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. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Manufacturing equipment lead times were 19 months.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Game Changer

NOVEMBER 7, 2019

The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). In fact, “only 3% of procurement leaders believe their staff possesses the skills required” (Deloitte 2018).

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Elementum

FEBRUARY 7, 2024

Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. These tasks range from simple data entry activities to more intricate operations like managing the supply chain.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Procurement Academy

MARCH 2, 2023

Ewellix, part of the Schaeffler Group, is the leading global manufacturer and supplier of linear motion solutions, which incorporate state-of-the-art designs, components, and digital technology. Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

ivalua

MAY 9, 2019

Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. Industry: Manufacturing. We’ve all heard of KYC (know your customer) initiatives in banking for example.

Supplier Management 145

Supplier Management Manufacturing Procurement Procurement Solutions Optimal Sourcing 145

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers.

Manufacturing Procurement 82

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 82

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). For example, a supplier management system includes setting supplier due diligence procedures before entering a contract with them.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. I’ve seen an increase in the number of large and medium-sized Life Sciences companies that are investing in supply chain risk management.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

ToolsGroup

MARCH 31, 2022

In a world that rarely follows the rules, our retail and supply chain planning suite optimizes and automates supply chains from production to purchase, enabling manufacturers, distributors and retailers to be ready for anything. That’s why global leaders like Absolut, BP and Harley-Davidson rely on us year after year.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Supply and Demand ToolsGroup 120

EcoVadis

MARCH 31, 2017

Many organizations are losing millions, and in some Global 3000 cases, billions of dollars a year due to ineffective supply chain risk management and monitoring. Many procurement teams are finding holistic approach can provide huge advantages. How do suppliers CSR performance compare to their peers?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. Since then, shared services have evolved into a more comprehensive and flexible tool for improving processes, enabling technology investment, generating profits, and reducing costs.a

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. Read more of Michael’s expert reasoning on ESG in the full article in Solutions Review. Is the juice worth the squeeze?

Waste Reduction 86

Waste Reduction Material Savings Resource Reduction Price Reduction 86

Exiger Perspectives

MARCH 29, 2023

Daniels has worked to change how organizations and government agencies perform supply chain management and supply chain risk management (SCRM) at scale. Carrie Wibben , President of Exiger Government Solutions. He performed significant work with Fortune 500 manufacturers and the U.S. and L.I.N.K.

Demand Planning Software 52

Demand Planning Software Supply and Demand Logistics Network Optimization Software Procurement Solutions 52

ivalua

DECEMBER 20, 2019

A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources. Internally driven qualifying checks include requirements by departments such as Legal, Finance, Engineering, Procurement and Diversity. Relocate a current manufacturing site. Contract execution.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Planning Software Procurement Analytics Procurement Solutions 100

Unleashed

MARCH 23, 2021

So you’re looking to grow your manufacturing business or the manufacturing arm of your existing enterprise. But what do materials managers do, and why are they important? What is materials management? Defining materials management. So, that’s where materials managers come into play. Sourcing and purchasing.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Supply Chain Matters

DECEMBER 28, 2023

They provide capabilities to coordinate supply chain procurement, planning, fulfillment, or other network wide decision-making capabilities among various supply networks and order fulfillment segments. An evolving new area is in the monitoring and tracking of ESG focused data and conformance needs.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

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 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77