Precoro

AUGUST 26, 2021

Purchasing? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined. Purchasing.

Pricing Training 98

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

Precoro

DECEMBER 11, 2023

The dynamic landscape of modern business comes with increasing product variety and volatile prices, making it more important than ever to stay competitive on the market. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

JANUARY 9, 2024

Today, we published The Supply Chains to Admire for 2023. Supply Chains to Admire Winners 2023 Examine Your Own Paradigm. Most supply chain leaders are stuck in their own paradigms. As an old gal, with over forty-years of supply chain experience, writing this report for ten years taught me many lessons.

Supply Chain Planning Software 306

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 306

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Purchasing: Purchasing is the act of buying goods or services from suppliers or vendors.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 100

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

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

Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 106

Modeling Supply Chain Risk Management Modeling Software Risk Management 106

The Logistics of Logistics

APRIL 24, 2023

Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform. It’s not enough to simply build a great product.

Negotiating Skills 223

Negotiating Skills Logistics Network Optimization Software Supply Chain Design Software Pricing Training 223

Unleashed

JANUARY 8, 2024

It pertains to more than the act of purchasing goods and services: procurement management is the process that ensures any purchases from external providers meet the cost requirements, quality, quantity, and timelines of your organisation. In this article, we look at the different stages of procurement management.

Procurement Solutions 52

Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 52

Supply Chain Shaman

JUNE 28, 2021

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. 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. What do I mean?

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 241

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, Predictive AI has been used in numerous unique applications outside the supply chain.

Predictive Analytics Software 90

Predictive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 90

Logistics Viewpoints

JULY 27, 2021

Driver shortages have become even more of a reality in the supply chain industry for a number of reasons, chief among them being the sharp rise in demand. What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. 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

Precoro

MAY 22, 2023

Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations. The IT procurement process encompasses a range of steps, from establishing IT requirements all the way to negotiating contracts with vendors.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

The Logistics of Logistics

SEPTEMBER 11, 2023

FRAYT provides ongoing training and support to help preferred drivers improve their skills and stay up-to-date with industry trends and regulations. Tusk’s technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service. The Greenscreens.ai

Negotiating Skills 258

Negotiating Skills Pricing Training Logistics Network Optimization Software Purchasing Training 258

ThroughPut

MAY 23, 2024

Understanding and mitigating the bullwhip effect enables better supply chain management and more efficient and resilient supply chains. The Bullwhip Effect significantly impacts supply chain integration. How Does the Bullwhip Effect Impact the Supply Chain?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Price Reduction 52

Supply Chain View from the Field

JULY 22, 2015

I had the opportunity to engage in a negotiation seminar with a large insurance company last week, and had the team work on a software contract role play. In the scenario, there was both a buyer and supplier, and there were multiple facets to consider in the negotiation. IP is always one of the most difficult issues to negotiate.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

Supply Chain Shaman

FEBRUARY 16, 2024

We have this today in most supply chain planning solutions. The problem with supply chain planning is that it is, by definition, not repetitive work. Many supply chain leaders are action-oriented and want to drive action. The supply chain benefits through the use of market data at the speed of markets.

Supply Chain Planning Software 398

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 398

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . on-highway diesel fuel prices are up $0.898 from the end of August 2020. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

Protectionism, populism, nationalism is to a large degree attractive to many people today just because of this purely price oriented foundation of trade. In lieu of enlightened environmental scruples on the international trade negotiating level – activists have had to step in to try and create transparency and responsible practices.

Negotiating Skills 261

Negotiating Skills Global Pricing Training Purchasing Training 261

Precoro

SEPTEMBER 22, 2022

When repeatedly ordering large amounts of the same goods from one supplier, managing purchase orders and adequately planning the expenditures becomes quite tricky. That's where blanket purchase agreements come in handy. What is a Blanket Purchase Agreement, and Why Use It? How to Set Up Blanket Purchase Agreements in NetSuite.

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Procurement Analytics 52

Logistics Viewpoints

MAY 26, 2023

store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supply chains. Serota said that both sides are “spending a lot of time at the negotiating table, and I am optimistic we will hear good news soon”.

Negotiating Skills 203

Negotiating Skills Pricing Training Jordan Purchasing Training 203

Unleashed

APRIL 5, 2021

In your supply chain, ordering more raw materials and components is a key step in the production process. Procurement and purchasing are often used interchangeably to describe the role of procurement. Procurement is the process of purchasing a service or a good, usually on a large scale and for commercial purposes.

Procurement Solutions 66

Procurement Solutions Pricing Training Purchasing Training Purchasing Skills 66

Logistics Bureau

DECEMBER 9, 2020

Then we get the Project Procurement Manager, who is responsible for communicating with suppliers concerning the purchase of commodities, equipment, and services. Members of the Sourcing Team are charged with finding out who’s in the market, who can do the work, and at what price. On-the-job training typically lasts at least a year.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

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. Changing consumer attitudes:?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Logistics Viewpoints

MAY 23, 2022

There have been massive supply chain disruptions since the pandemic began. These disruptions have driven up prices and led to shortages of goods. China’s stringent COVID lockdown in critical port cities has impacted global supply chains. Labor shortages have created havoc on end-to-end supply chain operations.

Rail Software 216

Rail Software Supply Chain Visibility Real-time Visibility Supply Chain Planning Software 216

Kinaxis

JUNE 19, 2017

by Alexa Cheater If there’s one thing you can count on in supply chain, it’s that things will change. It could be as relatively small as a last minute order or engineering change, or as big as an industry-wide shift that sends your end-to-end supply chain spinning in an entirely new direction. Global purchasing power.

Gartner 269

Gartner Supply Chain Design Software Resource Reduction Pricing Training 269

QAD

OCTOBER 13, 2022

We’re moving full speed ahead with our Auto Supply Chain Prophets podcast – Quistem’s Cathy Fisher and I are so delighted to continue the momentum. Thanks for listening and following along, as we delve deep into the supply chain issues most relevant to tier suppliers and OEMs. Here’s a wrap-up of the latest episodes.

Supply Chain Software 93

Supply Chain Software Negotiating Skills Pricing Training Agile and Lean Supply Chain 93

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. The problem?

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 320

Procurement Academy

OCTOBER 18, 2023

After all, these training programs provide a range of benefits, spanning from specific role-focused activities like inventory control, supply, and demand planning, or project management, to giving employees the tools they need to drive their creativity and productivity, thus significantly contributing to business success.

Negotiating Skills 52

Negotiating Skills Buyer Training Supply Chain Performance Pricing Training 52

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. The supply chain career is new. Reflection.

Supply Chain Design Software 317

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 317

Logistics Viewpoints

FEBRUARY 17, 2023

It also helps with training and monitoring delivery drivers in safety and performance, managing assets and resources, and analyzing the efficiency of logistics operations. Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

Logistics Network Optimization Software 202

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 202

Supply Chain Matters

SEPTEMBER 11, 2023

This week, the lens of labor activism in the form of labor contract renewal negotiations turns the spotlight to three U.S. This was part of the negotiated agreement struck in 2019. Similarities What makes this particular labor contract negotiation a bit similar to other now ratified industry contract negotiations such as U.S.

Negotiating Skills 59

Negotiating Skills Negotiate Pricing Pricing Training Purchasing Training 59

TransAudit

NOVEMBER 9, 2022

Wars and conflicts are notorious for disrupting supply chains. Understanding the impact of international conflict on supply chains won’t settle global disputes, but it can empower you to make time- and money-saving adjustments to your shipping procedures. They could choose to drive up prices or withhold fuel altogether.

Negotiating Skills 85

Negotiating Skills Pricing Training Supply Chain Planning Manufacturing Procurement 85

ToolsGroup

SEPTEMBER 22, 2021

I’ve worked in enterprise supply chain technology for more than 20 years, and, especially in the earlier years, collaborated in teams where I was the only female in the room. The truth is women have long been underrepresented in supply chain leadership. Q&A with three inspiring women in supply chain.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Herlitz Inventory Management

MARCH 24, 2022

If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy. How Much Extra Inventory Should You Buy? Now imagine you bought 90 days of inventory before a 9% price increase.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Consumption in the crisis was initially supported by panic-buying. Industry 4.0.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

DELMIA Quintiq

AUGUST 31, 2022

In this blog series, I’ll take a look at the current state and future evolution that can be expected within the world of supply chain planning software through the lens of Dassault Systèmes DELMIA. What is supply chain planning? Why do manufacturers need an effective supply chain plan?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 156

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 71

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 71