SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 91

S&OP Optimal Sourcing Supply and Demand Material Savings 91

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

APRIL 10, 2025

Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. Its not replacing human judgment, but it is improving the quality and speed of that judgment. The ability to pressure-test decisions before committing real resources significantly improves response quality.

Optimal Sourcing 214

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 214

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 Procurement Analytics 49

ivalua

MARCH 16, 2020

Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. Media Contact. Tom Reynolds / Robert Fretwell. 0207 436 0420.

Optimal Sourcing 49

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement 49

Logistics Viewpoints

APRIL 23, 2025

Each reformulation may involve regulatory submissions, quality assurance reviews, and potential consumer communication strategies. Companies may need to revise inventory strategies and adjust procurement lead times accordingly. Cold chain infrastructure may be necessary for both raw material and finished goods transport.

Manufacturing Procurement 170

Manufacturing Procurement West Virginia Food Sourcing Strategies 170

Logistics Viewpoints

FEBRUARY 25, 2025

However, shifting suppliers requires careful ROI evaluation of cost, quality, and lead time considerations to avoid redundancy, especially where it does not add adaptability. Standardizing materials across multiple products can enable greater flexibility in supplier selection and procurement.

Manufacturing Procurement 246

Manufacturing Procurement Inventory Reduction Price Reduction Material Savings 246

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.

Supply Chain Planning Software 47

Supply Chain Planning Software Optimal Sourcing Study Supply Chain Software 47

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. It doesnt have to be that way.

Optimal Sourcing 52

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

Procurement Academy

FEBRUARY 4, 2025

Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.

Negotiating Skills 59

Negotiating Skills Purchasing Skills Buyer Training Optimal Sourcing 59

Logistics Viewpoints

AUGUST 11, 2022

This may include decision-makers from IT, finance, operations, sales, and procurement. A well-vetted, right-fitting RTTVP solution can equip you with the insights you need to balance speed, quality, and cost. How to Select a TMS Visibility Platform for Improved Speed, Quality, and Cost appeared first on Logistics Viewpoints.

Supply Chain Planning Software 264

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 264

Logistics Viewpoints

APRIL 29, 2025

Customers recognize the MISUMI brand for strict quality conformance, global logistics excellence, and scalability offered by digital tools and unique customization capabilities. Based in Japan, MISUMI supplies mechanical components, tools, consumables, and other products to more than 318,000 companies worldwide.

Manufacturing Procurement 154

Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software Manufacturing 154

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation Deployment According to the APQC data, organizations are exploring Robotic Process Automation across a number of supply chain areas, including supply chain planning, sourcing and procurement, logistics and warehousing, and manufacturing.

Supply Chain Software 321

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Cost Reduction Strategies 321

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Here are some key insights from the e-book.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 52

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. Do you give suppliers accurate forecasts?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Jaggaer

FEBRUARY 13, 2025

By combining H&Zs sustainability expertise with JAGGAERs advanced procurement technology for Scope 3 emissions tracking and data collection, organizations can better integrate sustainability into their procurement strategies. As companies seek to address these issues, the role of procurement is changing.

Material Savings 52

Material Savings Price Reduction Manufacturing Procurement Optimal Sourcing 52

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Logistics Viewpoints

JULY 23, 2024

Not All Data is Created Equal Just as a gourmet meal requires the perfect quantity and quality of ingredients, your AI-powered supply chain needs the right mix of data to work its magic. Assess the quality, granularity, timeliness, and relevance of each data source to determine its suitability for AI-driven analysis.

Optimal Sourcing 312

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 312

Procurement Academy

DECEMBER 18, 2024

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Lets take a look.

Resource Reduction 52

Resource Reduction Vendor Strategies Cost Reduction Strategies Price Reduction 52

Jaggaer

APRIL 3, 2025

A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. Procurement leaders recognize the imperative in front of them, but what does it mean for the future skills profile of the profession? efficiency gap.

Negotiating Skills 52

Negotiating Skills Buyer Training Optimal Sourcing Negotiate Pricing 52

Jaggaer

FEBRUARY 5, 2025

This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. Evaluating Non-Price Factors – Beyond price, there are often non-price factors that need to be considered, such as ESG , quality, delivery timelines, technical expertise, and supplier reputation.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Let’s break down these key components: Procurement: This is where it all begins.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

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 417

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 417

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 Freight Sourcing Strategies 130

Jaggaer

APRIL 16, 2025

How Intake and Orchestration AI Are Reshaping Procurement If youve been paying attention to technology developments in procurement, youve probably come across the term Intake & Orchestration. They now expect procurement to follow suit, with solutions that are not just smarter, but increasingly self-driving.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Modeling Software 52

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

Freightos

DECEMBER 3, 2024

From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. These external factors are near-impossible to predict, forcing more frequent tender updates to remain inline with the market.

Optimal Sourcing 285

Optimal Sourcing Procurement Predictive Analytics Software Logistics Network Optimization Software 285

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs.

Supply Chain Planning Software 298

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 298

SCMDOJO

JUNE 6, 2024

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field. Dive in and discover the power within!

Pricing Training 104

Pricing Training Negotiating Skills Buyer Training Optimal Sourcing 104

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. The establishment of efficient global supply chains has become critical to competitiveness.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Is Smart Procurement Strategic sourcing is thus a smart approach to procurement because it considers each sourcing project to be unique based on analysis, insight and knowledge of the marketplace. The word quality here covers a range of considerations contributing to value in every aspect of a companys operations.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 289

Logistics Viewpoints

AUGUST 13, 2024

A scenario where procurement and consumers directly order a product from the network becomes feasible in this configuration. If in addition these product definitions would be encrypted and optionally certified, this would protect IP of the innovator and enable quality and labels guaranteeing original products. Although Industrie 4.0

Supply Chain Network Software 311

Supply Chain Network Software Industrial Industry Manufacturing Procurement 311

Precoro

NOVEMBER 11, 2024

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

ToolsGroup

OCTOBER 14, 2024

Streamlined Lead Times: Improved procurement efficiency potentially resulting in cost savings from optimized shipping arrangements and favorable supplier terms. Allopneus: The prominent French tire retailer successfully optimized its inventory and elevated service quality.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Logistics Viewpoints

DECEMBER 2, 2024

It might highlight logistics jams, manufacturing capacity, quality issues, or procurement cost trends. When the chief supply chain officer wants to review the performance of the supply chain, we start with the KPI dashboards. Then, the tool drills down and looks at real-time performance on late orders or parts.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 285