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 78

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 78

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

ivalua

JANUARY 29, 2020

And even in governments, there is a growing cadre of public servants who see opportunities being presented by digital technology and are looking to drive dramatic change. What does this mean for procurement and supplier management? That’s not something many procurement professionals traditionally consider. .

Negotiating Skills 213

Negotiating Skills Negotiate Pricing Optimal Sourcing Procurement 213

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

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. How much SME resource is required?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Logistics Viewpoints

AUGUST 21, 2023

Procurement managers are now asked to address ESG issues in their sourcing and foreign manufacturing operations. Meanwhile, trade compliance managers are tasked with ensuring that the procurement department is following the rules. This article will focus on European Union trade regulations because the EU leads in this area.

Government 193

Government Manufacturing Procurement Supply Chain Design Software Supply Chain Design 193

The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Brad brings it all to the table from characterizing Emerge’s brand and culture, presenting Emerge’s value proposition to the industry, and determining pivotal insights to enhance customer experience.

Supply Chain Network Software 196

Supply Chain Network Software Logistics Network Optimization Software Sourcing Strategies Modeling Software 196

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Companies, both large and small, are changing. MORE FROM THIS EDITION.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Exiger Perspectives

MAY 15, 2024

Emerging supply chain regulations like the CSDDD or the EU Deforestation Regulation (EUDR) may push organizations to develop new muscles that enhance compliance and yield other benefits like volume buys and more innovative sourcing strategies. Consider, for example, how GenAI is helping procurement professionals make more informed decisions.

Gartner 52

Gartner Resource Reduction Vendor Strategies Cost Reduction Strategies 52

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

ivalua

JULY 7, 2020

From certain perspectives, the pandemic presents businesses a rare opportunity to accelerate on digital transformation initiatives that have been dragging over the last few years. Who better to bring balance, build resilience and solidify competitive advantages than Procurement and Supply Chain. Balancing the Imbalanced.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Procurement 130

Supply Chain Shaman

SEPTEMBER 22, 2022

So, if you are attempting to implement a control tower project, please don’t waste your money or resources. For more on the building of the planning master data layer, reference the ASCM presentation from last week.) Procurement/Buyers Workbench. Here are some articles to read. Lights-out Planning.

Supply Chain Planning Software 425

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 425

Logistics Viewpoints

AUGUST 24, 2022

At the conference, I was fortunate to see a presentation from Brent Wilson, Senior Vice President of Global Supply Chain at Qualcomm. Brent pointed out that Covid created small interruptions for many companies in terms of sourcing semiconductor chip materials. In May, I attended the Kinaxis Kinexions event in San Diego, CA.

Sourcing Strategies 207

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 207

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

HICX Solutions

FEBRUARY 17, 2022

Peter is a former Senior Strategic Procurement Manager at Air Canada , who, after more than 25 years at the organization, has a wealth of experience in areas including strategic sourcing, category management and supplier management. How Procurement and Supply Chain in aviation industry changed over the years.

Optimal Sourcing 52

Optimal Sourcing Procurement Canada Sourcing 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

Supply Chain Game Changer

FEBRUARY 16, 2020

We completed extensive research, watched a lot of how-to clips, purchased some best practices resources, discussed/strategized amongst ourselves at length, developed ground rules, consolidated a plan, and continuously reviewed our methods and performance throughout Charlie’s first 15 months of training. We were well prepared.

Optimal Sourcing 54

Optimal Sourcing Procurement Purchasing Skills Pricing Training 54

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. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

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

Proxima

NOVEMBER 21, 2019

According to recent Procurement Leaders research , 40% of category managers are anticipating risk associated with tariffs. This makes it imperative for global sourcing strategies to include an analysis of tariffs. May be levied for revenue generation or resource protection…or both. How Procurement fits into the equation.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Price Reduction Resource Reduction 52

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Requis

MAY 10, 2023

Requis , a SaaS platform that brings transparency, innovation, and simplicity to capital project procurement, today announces a partnership with ProcureScape, a platform focused entirely on the procurement and supply chain ecosystem. ProcureScape is the go-to resource for executives and senior procurement professionals.

Supply Chain Design Software 52

Supply Chain Design Software Optimal Sourcing Vendor Strategies Supply Chain Software 52

ivalua

MARCH 17, 2021

Typically they’re presented with three options; increase taxes, increase fees, or pursue federal resources. The best way forward, therefore, would be the aggressive pursuit of federal programs and federal resources. The Procurement Link. When a grant is awarded, many recipients have difficulty managing and tracking funds.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Jaggaer

SEPTEMBER 29, 2020

Or it may be an executive mandate driven by a leadership change or the arrival of an individual who understands the earnings contributions or growth that a well-run procurement organization can deliver to an enterprise. They have had to rethink their sourcing and supply chain strategies, with many inshoring or nearshoring.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Sourcing Strategies 52

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Success is a product of the work done in the present.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

DELMIA Quintiq

JUNE 5, 2023

And if so, what can companies do to ensure their success, particularly smaller companies that don’t have the resources that some of their bigger competitors have? He described how they apply both technology and industry expertise to help develop virtual twins and then train company resources to use them.

Modeling Software 156

Modeling Software Predictive Analytics Software Supply Chain Design Software Modeling 156

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Supply Chain View from the Field

OCTOBER 12, 2015

I had the opportunity to host a panel of Chief Procurement Officers at the Zycus Horizons 2015 meeting on October 5, 2015, on the subject of the journey organizations take in moving from tactical to strategic sourcing. In your experience, is there a trend away from tactical procurement organizations and more towards the strategic?

Negotiating Skills 60

Negotiating Skills Analytics Software Modeling Software Predictive Analytics Software 60

Supply Chain Matters

MAY 31, 2024

The report rightfully observes that spreadsheets continue to exist because business teams become frustrated in the needs to bring together required information from multiple internal, inside out, or external, outside-in data sources. The argument often presented is that spreadsheets should not be the depository for business critical data.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Modeling Software Supply Chain Network Software 52

EC Sourcing Group

MAY 3, 2023

When we make more environmentally friendly sourcing choices, we can reduce greenhouse gas emissions and minimize our impact on the environment. In our previous blog post, we discussed the benefits of sourcing locally. Start by scheduling a consultation with one of our sourcing experts !

Material Savings 52

Material Savings Waste Reduction Resource Reduction Procurement Solutions 52

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 93

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 93

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. Focus on materials critical to your highest revenue products Procurement and supply chain managers need to adopt a new mindset for building more resilient supply chains.

Supply Chain Risk Management 103

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 103

Arena Solutions

JUNE 13, 2024

This presentation is sponsored by First Resonance, a software company that has developed a modern factory operating system used by next-gen manufacturers building satellites, rockets, electric vehicles, and robotics. We’re lucky to be joined by three presenters today. Rob Pakalski is CEO of Datum Source. Robert Pakalski Yeah.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

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. Virtual Procurement Agents.

Analytics Software 36

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