Talking Logistics

MAY 15, 2023

Read more The post How Shippers Can Uplevel Their Real-time Transportation Procurement Strategies? That’s a lyric from one of my favorite Oingo Boingo songs, and I think it perfectly describes the world of supply chain management — and the transportation market in particular, which has taken many turns over the past few years.

Supply Chain Strategy 259

Supply Chain Strategy Procurement Transportation Strategy 259

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Fines of up to €8 million .

Supply Chain Design Software 244

Supply Chain Design Software Optimal Sourcing Supply Chain Software Procurement 244

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Talking Logistics

AUGUST 17, 2022

Read more The Unintended Consequences of Inconsistent Freight Procurement. The post The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez.

Procurement 218

Procurement Freight Agile and Lean Supply Chain Supply Chain 218

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Manufacturing Procurement 244

Manufacturing Procurement Optimal Sourcing Supply Chain Disruption Supply Chain Planning Software 244

SCMDOJO

AUGUST 22, 2023

Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.

Sustainability 215

Sustainability Procurement Supply Chain Supply and Demand 215

Talking Logistics

MAY 1, 2023

Read more The post Negotiating With A Chatbot: A Walmart Procurement Case Study appeared first on Talking Logistics with Adrian Gonzalez. More than two-thirds of the respondents (68%) said they weren’t using AI and.

Case Study 217

Case Study Manufacturing Procurement Study Procurement 217

ivalua

DECEMBER 15, 2022

Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.

Optimal Sourcing 246

Optimal Sourcing Procurement Solutions Manufacturing Procurement Groups 246

Supply Chain Brain

JUNE 3, 2024

Chief procurement officers must deal with complex global supply chains and disparate country standards, simply to ensure that all involved are adhering to sustainable practices.

Sustainability 107

Sustainability Procurement Global Supply Chain 107

Exiger Perspectives

JULY 23, 2024

AI-Driven Procurement Solutions Boost Supplier Risk Management Gartner® Report Details the Tech Tools that Make an Impact Generative AI has transformed sourcing and procurement this year. Generative AI is at the peak of its hype,” states the Gartner® report Hype Cycle for Procurement and Sourcing Solutions, 2024.

Risk Management 52

Risk Management Procurement Gartner Supply Chain Design Software 52

IT Supply Chain

APRIL 9, 2024

By Kevin Kull (pictured) SVP, Sales & Operations, PalletTrader The post Reimagining Pallet Procurement: The Modern Approach appeared first on IT Supply Chain.

Procurement 103

Procurement Supply Chain Supply and Demand Industrial 103

Precoro

JANUARY 29, 2024

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Unleashed

JUNE 4, 2024

The procurement processes you implement directly impact how efficiently the business operates. Conversely, the consequences can be disastrous if procurement lacks the right structure or planning. What is a procurement process? Strategy is extremely important in the procurement process. Let’s dive right in.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Procurement Analytics 52

Supply Chain Brain

DECEMBER 20, 2023

As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes.

Procurement 110

Procurement Supply Chain Data Supply and Demand 110

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

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 84

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 84

Supply Chain Brain

JANUARY 16, 2024

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

Manufacturing Procurement 96

Manufacturing Procurement Procurement Analytics How To 96

Unleashed

JANUARY 8, 2024

Procurement management directly impacts your bottom line, making it a critical component of running a profitable product-based business. In this article, we look at the different stages of procurement management. We’ll also explore project procurement management and the relationship between procurement and supply chain management.

Procurement Solutions 52

Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 52

SCMDOJO

SEPTEMBER 7, 2021

Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking for ways in order to enhance their procurement process and make it more sustainable. Procurement. And so, they track an array of metrics such as KPIs.

Procurement Analytics 144

Procurement Analytics Procurement Metrics Sustainability 144

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. The hidden cost of MRO procurement The adage time is money captures why MRO can be costly and why that cost is not always obvious. Why is handling MRO procurement so costly? MRO stands for maintenance, repair, and operations.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 95

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 95

Taulia

JUNE 11, 2024

Modern procurement teams need to balance conflicting goals innovation on the one hand and the need to maintain liquidity and protect supply chains on the other. The post Ready when you are – Driving procurement innovation appeared first on Taulia.

Innovation 52

Innovation Procurement Supply Chain eBook 52

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. Building Strong Relationships with Suppliers: Efficient procurement goes beyond just placing orders.

Inventory Reduction 86

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 86

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Being prepared allows for efficient and timely execution of procurement functions.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Jaggaer

JUNE 28, 2024

London Luton Airport overhauls its procurement platform to create more value in ambitious new procurement strategy London Luton Airport (LLA), one of the UK’s busiest airports, carrying over 16.2 million passengers in 2023, has selected JAGGAER, the global leader in Autonomous Commerce, to launch its ambitious procurement strategies.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Network Software Modeling Software Optimization Software 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 100

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 100

Jaggaer

JUNE 28, 2024

Direct) procurement needs to be on top of this because the COO’s decisions could easily change the volume and destination of what you buy, and who you buy it from. New skills in demand Moreover, now that sensors, the internet of things and artificial intelligence have become the norm, the skills needed in procurement have radically changed.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Negotiating Skills Supply Chain Software 52

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 101

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 101

Supply Chain Brain

DECEMBER 12, 2023

Multiple developments in supply chain technology are converging to create an unprecedented digital opportunity for procurement professionals.

Procurement 88

Procurement Supply Chain Technology Supply Chain Software Supply Chain 88

Requis

SEPTEMBER 7, 2023

As data volumes and complexity grow, procurement professionals increasingly recognize the need for accurate and transparent data management. Data has long been a problem for procurement, with 97% of Dun and Bradstreet survey respondents indicating that supplier data management is an area of struggle for their teams.

Optimal Sourcing 59

Optimal Sourcing Analytics Software Procurement Analytics 59