The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

ModusLink Corporation

APRIL 22, 2024

Electronics components require specific training, facilities, and equipment due to their delicate nature and sensitivity to environmental factors. End-to-end management of component procurement, inventory management, and JIT delivery. Skilled workforce trained in the latest assembly techniques and quality standards.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Shift in cycles. Over the past three years, supply chain cycles shifted.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. It was blasphemy when I started socializing the concept of business leaders typing their memos and using email. Within a year, we eliminated the typing pool.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

ivalua

SEPTEMBER 25, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

Buyer Training 188

Buyer Training Optimal Sourcing Procurement Analytics Software 188

Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. This involves aligning procurement strategies with the overall business objectives such as innovation, sustainability, and resilience.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Procurement Academy

OCTOBER 26, 2022

New report reveals the challenges of employee turnover – and how training can bridge the gap and drive corporate outcomes. This retention challenge is coming at the worst possible time for the procurement function. The number of procurement jobs has skyrocketed, which in turn has led to organizations offering higher salaries.

Buyer Training 52

Buyer Training Procurement Price Mitigation Strategies Price Reduction 52

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

HRM in the halal value chain considers halal skill training within the brand owner company as well as its managed process links: links in the brand owner supply chain that the brand owner finds important to integrate and manage. These are first and possibly even second tier customers (e.g.: distributor, retailer) and suppliers (e.g.:

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Procurement Academy

MARCH 14, 2024

By investing in training programs that directly impact employee needs and business outcomes, you can ensure that your budget allocation contributes to the overall growth and success of your company. By providing targeted training and development opportunities, you can future-proof your organization and foster a culture of continuous learning.

Buyer Training 96

Buyer Training Material Savings Resource Reduction Price Mitigation Strategies 96

Procurement Academy

MARCH 30, 2023

The challenge With such a vital product at stake, they needed to ensure their ambitious and dedicated procurement teams were equipped with the right training to ensure they can deliver everything needed to get their cutting-edge technologies into their customers hands. 76% rated the course content as ‘great’.

Case Study 52

Case Study Study Buyer Training Manufacturing Procurement 52

Procurement Academy

OCTOBER 18, 2023

The challenge Following the appointment of NXP’s Chief Procurement Officer, Jeff Wincel , a new global strategy was implemented that included a pillar dedicated to ‘people and success’. As part of this important pillar, a professional development program was created to transform the procurement department.

Case Study 52

Case Study Negotiating Skills Study Buyer Training 52

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.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Procurement Academy

DECEMBER 12, 2022

Skill Dynamics is a leading provider of digital procurement and supply chain training that offers high-impact continuous learning that’s personalized by role and skill level, and is delivered at scale. About Skill Dynamics.

Buyer Training 98

Buyer Training Supply Chain Software Optimal Sourcing Procurement 98

Procurement Academy

NOVEMBER 8, 2023

Today, with 184,000 employees across 64 locations worldwide, the Group supports the professional development of its employees by helping them to strengthen their skills and acquire new ones with complete trainings and e-learning courses. More than 360 learners registered for the training sessions.

Case Study 52

Case Study Study Buyer Training Purchasing Training 52

Procurement Academy

JUNE 15, 2022

Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An example of how ethics comes into play in procurement is in supplier selection, evaluation, negotiation and ultimately awarding business. Ethics training.

Pricing Training 52

Pricing Training Purchasing Training Procurement Buyer Training 52

Procurement Academy

JUNE 15, 2022

Ethics play a major role in procurement and with increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An example of how ethics comes into play in procurement is in supplier selection, evaluation, negotiation and ultimately awarding business. Ethics training.

Pricing Training 52

Pricing Training Purchasing Training Procurement Buyer Training 52

Procurement Academy

OCTOBER 26, 2022

LONDON, 26th October 2022 : More than half (56%) of senior supply chain professionals say that employee retention in their function has decreased over the past three years – and 57% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics. About Skill Dynamics.

Buyer Training 52

Buyer Training Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 52

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient. Procurement planning inside of lead time is not sufficient. So, why ride an Octopus?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Procurement Academy

MARCH 2, 2023

After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team. We’re thrilled to be launching this training program to our employees to help unify our global teams and be the true specialists in our field.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Procurement Academy

FEBRUARY 2, 2023

As we discussed in our previous blog , market pressures are driving change in both procurement and supply chain functions. The influencing groups Many organizations are looking to eLearning to drive impactful skill development at scale across various teams in supply chain and procurement. How much will this improve retention?

Education 52

Education Buyer Training Purchasing Training Optimal Sourcing 52

Procurement Academy

NOVEMBER 17, 2022

The Qatar World Cup begins this Sunday and if you need a reminder of the value of training and teamwork, it’s about to be in the world’s view for the next few weeks. To start, successful training in both disciplines is all about making incremental gains. Effective training also depends on more than the trainee.

Buyer Training 96

Buyer Training Purchasing Training Training Price Mitigation Strategies 96

Procurement Academy

APRIL 20, 2022

For some, eLearning presents an opportunity to address entrenched training challenges. For me, workplace training was always a double-edged sword. Yet accommodating training – and more specifically day-long training absences – was always a real struggle. Others see classroom learning as the original and best model.

Buyer Training 98

Buyer Training Training Price Mitigation Strategies Education 98

Procurement Academy

AUGUST 2, 2023

Procurement and supply chain professionals face numerous challenges that can lead to the online phenomenon known as “quiet quitting.” Whilst an obvious place to start in reducing its impact is with leadership , we believe that corporate training also has the potential to effectively help.

Buyer Training 52

Buyer Training Price Mitigation Strategies Training Resource Reduction 52

ivalua

JUNE 6, 2022

Despite how critically important data is, most of us have not been formally trained to use it. This lack of training can be seen in common sourcing activities. Only after the contract has been signed does procurement start raising relevant questions around data. The post Is Your Procurement Data Fit for Purpose?

Optimal Sourcing 130

Optimal Sourcing Procurement Data Pharmaceutical 130

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

Procurement Academy

JULY 15, 2022

Every organization wants its employees to have the latest skills but ingraining those skills – no matter how much money is spent on training – isn’t always easy, and failing to do so can be detrimental to the organization’s success. Simply put, training must be engaging for the employee. Training that sticks.

Buyer Training 52

Buyer Training Price Mitigation Strategies Training Supply Chain Planning Software 52

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Procurement Academy

MAY 15, 2023

Lack of core technical skills is stifling procurement and supply chain teams in the race to Industry 4.0 Over two-thirds (69%) of supply chain and procurement leaders recognize technical skills as a crucial requirement, closely followed by strategic thinking (67%).

Optimal Sourcing 52

Optimal Sourcing Buyer Training Supply Chain Planning Software Industrial 52

The Logistics of Logistics

FEBRUARY 11, 2022

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

Procurement Academy

MAY 11, 2022

London 4 th May 2022 – Supply chain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supply chain and procurement professionals in the UK and US, and includes interviews with leading academics and professional experts on the topic.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sustainability Buyer Training 52

Procurement Academy

MAY 11, 2022

London 4 th May 2022 – Supply chain and procurement professionals have a key role in progressing their organizations’ sustainability agendas. The report surveys 210 supply chain and procurement professionals in the UK and US, and includes interviews with leading academics and professional experts on the topic.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sustainability Buyer Training 52

Procurement Academy

OCTOBER 11, 2023

Corporate training represents a substantial investment for organizations, both in terms of time and money. So, how can training providers prove the effectiveness of their training? There are various evaluation methods that can be used to assess the effectiveness of corporate training programs.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

Logility

MARCH 11, 2024

The aim to change the future of young entrepreneurs, early-career professionals, and school students in Burundi by providing access to technology, educational resources, and training programs that empower individuals to thrive in the digital era.

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

Procurement Academy

JANUARY 25, 2021

Employees who are well informed and have access to training materials are typically happier and perform better when required. Retail Academy is the newest venture of Procurement, Supply Chain, and Sales Academy. It provides role-based training to the retail organization’s workforce and helps them to broaden their knowledge.

Procurement Analytics 98

Procurement Analytics Buyer Training Purchasing Skills Retail 98

Supply Chain Movement

SEPTEMBER 29, 2023

Carbon calculator During a recent presentation, Christophe Quiquempoix, who is responsible for sustainable procurement and outsourced manufacturing at Schneider Electric worldwide, commented on how many suppliers don’t actually know how to calculate their carbon footprint.

Cost Reduction Strategies 146

Cost Reduction Strategies Material Savings Manufacturing Procurement Sustainability 146