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

SupplyShift

NOVEMBER 12, 2021

In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. Here are some steps to simplify sustainability and set procurement teams up for success: Align Leadership and Sustainability Teams.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Sustainability 52

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

Supply Chain Game Changer

MARCH 9, 2022

Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. This document is the first legal contract in the operational procurement process.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 108

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

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

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Synovos

NOVEMBER 10, 2023

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. EcoVadis is the world’s most trusted business-to-business sustainability rating.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

QAD

MAY 23, 2023

Product Sustainability Begins in the Field and Factory Sustainability has become a priority for businesses of all shapes and sizes and across every industry. One recent study found 78% of Americans value a sustainable lifestyle, while another discovered 66% are willing to pay more for products that fit the bill.

Procurement Solutions 93

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 93

Supply Chain Game Changer

FEBRUARY 23, 2022

Featuring Our 12 Best Procurement Articles! Procurement is a process that involves obtaining and accepting terms and getting goods or services from an outside source. In other words, procurement is deciding to buy under conditions of less availability. Here are some of the challenges encountered in the procurement process.

Manufacturing Procurement 90

Manufacturing Procurement Procurement Solutions Procurement Purchasing Skills 90

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

SupplyShift

NOVEMBER 12, 2021

In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. First and foremost, you must align leadership with current sustainable procurement needs.

Procurement Solutions 40

Procurement Solutions Manufacturing Procurement Optimal Sourcing Sustainability 40

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. A quick look at the regulatory landscape.

Manufacturing Procurement 91

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 91

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. The question is, how do we navigate our way out of this never-ending chaos to continue driving sustainable growth? Brand loyalty is no longer the driver for consumer purchasing decisions. by Martin You – Sales Director for Asia Pacific at E2open.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

SYSPRO Smarter ERP

OCTOBER 9, 2023

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. Manufacturers are also increasing automation on the shop floor, partly due to a shortage of skilled labor.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

QAD

NOVEMBER 16, 2023

For many well-known products, the manufacturing has the packaging shapes, sizes and colors copyrighted so no other product can look like theirs. In today’s rapidly evolving consumer landscape, the way products are packaged plays a pivotal role in the success of consumer goods manufacturing and the overall supply chain.

Packaging 95

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 95

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

Precoro

JULY 8, 2022

The question arises: when to separate purchasing management tasks into an autonomous operational role and hire a designated professional? 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.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Putting the Planet First: Bringing Sustainability To The Last-Mile With Logistics Technology. Parallelly, expectations around the overall purchasing experience have also grown steeper. Scale and Sustainability: The Ultimate Balancing Act. How does sustainable growth figure in this context? trillion in 2021, up from $4.2

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Logility

OCTOBER 27, 2021

9 critical tips for increasing supply chain sustainability in the apparel industry. Sustainability is good for the environment, workers, and your bottom line. Building sustainability into the apparel supply chain requires working with both first-tier and lower-tier suppliers. Only work with suppliers committed to sustainability.

Apparel 130

Apparel Sustainability Supply Chain Strategy Supply Chain Software 130

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

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

Synovos

JANUARY 24, 2024

By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson. another industry leader.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Logistics Viewpoints

JUNE 1, 2023

On a daily basis, supply chain teams are juggling new sustainability requirements, supply disruptions, sudden changes in consumer demand, and labor shortages. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. trillion opportunity.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

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

Logistics Viewpoints

MAY 19, 2022

Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Claritum

FEBRUARY 24, 2020

Claritum Article - Procurement Blog. Typical steps associated with a project purchasing process. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. when should I use it? Introduction.

Manufacturing Procurement 41

Manufacturing Procurement Procurement Solutions Optimal Sourcing Purchasing Skills 41

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. So, should merchants change their supply chain procurement strategies as they head into 2022?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52