ivalua

APRIL 7, 2022

Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris! Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Leader Forrester Supplier Value Management Platforms, Q1 2022. Audrey Izard, L’Oréal .

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

Resilinc

MARCH 26, 2024

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. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 113

Modeling Supply Chain Risk Management Modeling Software Risk Management 113

ivalua

OCTOBER 28, 2022

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Total estimated infrastructure bill allocations: Source. A Path Forward.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Procurement Analytics Tools 130

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Reliance on a few suppliers How you procure and manage your suppliers will impact how they perform.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

JANUARY 29, 2024

It helps to reduce your inventory costs , improve operational efficiencies, enhance customer experience, and increase your sales and profit margins. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

NC State SCRC

MARCH 15, 2016

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Baltimore Analytics Software 40

NC State SCRC

SEPTEMBER 23, 2016

IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, US Steel, CB&I, Mastercard, and others attending. In that session, Dan Carrell from IBM shared a number of key perspectives that is driving IBM to diversify into the world of analytics.

Optimal Sourcing 40

Optimal Sourcing Big Data Procurement Analytics Procurement Solutions 40

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Bristlecone

OCTOBER 29, 2020

For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. Procurement solutions for contracts and commerce automation. Sourcing, e-auction and supply chain collaboration rollouts. Watch Video.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Unleashed

FEBRUARY 14, 2024

In accounting, finished goods inventory is the specific number of inventory or manufactured items that you currently have in stock available for customers to purchase. Finished goods inventory is reported as a current asset on your balance sheet. These raw materials can be purchased from suppliers or extracted from natural resources.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Unleashed

DECEMBER 12, 2023

These components help manufacturers to effectively plan, source, and manage the production process. It also acts as a crucial document for coordination among different teams – such as design, procurement, production, and quality control – ensuring everyone is on the same page when it comes to manufacturing. Start a 14-day free trial.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Unleashed

NOVEMBER 2, 2023

It is the process of determining future demand for products, how those products will be manufactured to meet that demand, and the manufacturing metrics that will measure success. Play Video about Video thumbnail for youtube video xemo7terjvg 5. Production planning precedes production scheduling.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Proxima

MARCH 16, 2020

As the world’s best procurement consultancy, we need to stand up, tell you what we know about keeping procurement functions, businesses and supply chains moving. Procurement can make an enormous difference now, and in turnaround. Do daily video calls, tasks list, agendas to keep focus. Get involved. Make a “Crisis Team”.

Optimal Sourcing 64

Optimal Sourcing Waste Reduction Resource Reduction Modeling 64

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supply chain level.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supply chain level.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

Precoro

SEPTEMBER 1, 2022

Scroll down to learn what record types are in NetSuite, what is Purchase Order record type, and how to find it. Standard record types are included in each NetSuite account and are accessible through all data sources. Analytical. What is a Purchase Order Record Type? Purchase Order belongs to the transaction record type.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 52

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. A recent report by Morgan Stanley highlighted the growing importance of data, as well as the huge investments companies are making as a result. “In

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 91

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

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

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Game Changer

NOVEMBER 13, 2018

Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. The baseline metrics for performance of a partner are the same operational parameters used for other suppliers. One example is in the world of out-sourced software development. All opinions are my own.

Vendor Strategies 64

Vendor Strategies Resource Reduction Supply Chain Planning Software Purchasing Skills 64

Supply Chain Network

MAY 23, 2012

The acquisition will combine Ariba’s successful buyer-seller collaboration network with SAP’s broad customer base and deep business process expertise to create new models for business-to-business collaboration in the cloud. The Ariba board of directors has unanimously approved the transaction. billion term loan facility.

SAP 95

SAP Supply Chain Network Software Supply Chain Planning Software Procurement Analytics 95

GlobalTranz

JANUARY 4, 2016

Accenture has put out an amazing video describing the digital supply chain and states the following: Digital technology is disrupting traditional operations and now every business is a digital business. Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Precoro

NOVEMBER 4, 2021

Precoro has been named a Top Performer in the Procurement Software category for the Fall 2021 Customer Success Report , and won the same award in the Summer 2021 Spend Management Software category. They break the stereotype that purchasing software is as expensive, hard-to-implement, and user-unfriendly as most ERPs.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Case Study Video 98

USC Consulting Group

DECEMBER 5, 2018

But as buyers bolt to malls to take advantage of last-minute deals and purchase gifts online, manufacturers here and abroad are navigating a holiday rush all their own. and China , a conflict that has complicated raw material procurement practices, Logistics Management reported.

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Manufacturing 56

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. Source: g2.com These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Matters

SEPTEMBER 17, 2022

There were many news videos featuring FedEx aircraft and delivery vans delivering essential medical supplies. The sudden decline in consumer demand for either pandemic or other needed material purchases has caught many businesses with excess inventories and frankly, some surprise. This remains a significant challenge for FedEx.

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Precoro

AUGUST 9, 2022

Andrew Jefferson, COO at Ridgeline, and Isabel Göller, Finance Manager, were kind enough to share their experience optimizing the purchasing process using the Precoro procurement solution. Ridgeline's Initial Procurement Process. As Ridgeline was a start-up business, its procurement process was initially manual.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Waste Reduction 52

Slimstock

MARCH 26, 2019

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Improve Inventory Insights.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

DECEMBER 9, 2015

After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. We needed to digitize as many of our source to pay processes as we possibly could. We don’t do enough of that!

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Analytics Software 40

EC Sourcing Group

DECEMBER 1, 2020

Making RFPs (or request for proposals)is a necessary part of your procurement management strategy. Before the development of RFP software, purchasing and procurement departments would go through the process manually, which would take quite a bit of time and effort. Automated frequently used documents. Document tracking.

Procurement Solutions 52

Procurement Solutions Analytics Software Software Sourcing Strategies 52

ShipBob

SEPTEMBER 25, 2023

Your best bet is to simply sell the industrial hemp-sourced CBD, as it won’t have high THC levels and is accepted across the nation. Registration usually costs about $100 in most cases. You’ll also want to get a resale license if you plan to purchase your CBD product from wholesalers. Usually, small businesses go for an LLC.

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

EcoVadis

MAY 26, 2010

P&G announced on May 12, 2010 the launch of the Supplier Environmental Sustainability Scorecard and rating process, another important Sustainable Procurement initiative in line with Wal-Mart’s “Sustainability Index” or IBM’s new CSR requirements for suppliers.

Sustainability 40

Sustainability Procurement Analytics Waste Reduction Optimal Sourcing 40

Precoro

APRIL 24, 2023

Reduces maverick spending Maverick spending refers to off-contract purchases from non-preferred suppliers. It occurs when employees bypass the standard procurement process while making unauthorized purchases, and it often results in higher costs and reduced visibility into spending.

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

Supply Chain Game Changer

JULY 2, 2019

This interview is with Kristie Syndikus, VP of Procurement at Maple Leaf Foods. It was very easy to see early on that Kristie had a great aptitude for Procurement and Sourcing. Kristie Syndikus, VP Procurement at Maple Leaf Foods. Mistakes & set-backs are the great source for development opportunity.

Manufacturing Procurement 48

Manufacturing Procurement Procurement Analytics Purchasing Skills Procurement 48

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He can lead your company through the complex procuretech industry because of his specialization on procurement technology. Connect Now!

Supply Chain Design Software 59

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