EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

SCMDOJO

JUNE 21, 2023

Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 90

Proxima

JUNE 24, 2020

No longer can retailers rely on their product offering alone. Retailers will need to communicate empathy and show understanding and support, both morally and financially. This creates a race in retail, who can prove they’re listening, and who can prove it first. This will be key to a post-COVID world. CSR starts at home.

Retail 52

Retail Supply and Demand Supply Chain Planning Software Just-in-Time 52

Supply Chain Matters

MARCH 11, 2024

Background Many students and practitioners of supply chain management are quite familiar with Spain based fashion clothing retailer Zara and its corporate parent Inditex. Many supply chain management case study curriculums include the notions of how this retail chain pioneered what is today termed “ fast fashion.”

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

QAD

JULY 21, 2022

It occurs when unexpected upswings in demand or “demand distortions” are amplified upstream, starting from the consumer, moving to the retailer and distributor and finally to the producer, which may or may not be able to increase production for a demand that may or may not last. Integrated Supplier Management.

Price Reduction 94

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 94

QAD

JUNE 2, 2022

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. How will you confirm suppliers are not violating human rights and environmental standards? Are You Prepared?

Manufacturing Procurement 93

Manufacturing Procurement Purchasing Skills Sustainability Cost Reduction Strategies 93

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83

ivalua

MAY 9, 2023

But, the competitive landscape for procurement software is very different. As a result, the procurement software offered to public companies has been able to live in parallel with the private market; its evolution has been very focused on compliance with public procurement regulations. Where to Start?

Vendor Strategies 246

Vendor Strategies Procurement Solutions Manufacturing Procurement Sourcing Strategies 246

Supply Chain Matters

NOVEMBER 21, 2022

Last week, Walmart , the largest retailer in the U.S. A one-time $3 billion charge in connection with a court settlement related to opioid-related lawsuits from the retailer’s pharmacies led to a $1.8 Signs of Pre-Pandemic Retailer Playbooks. reported its financial performance for the October-ending quarter.

Retail 52

Retail Inventory Reduction Price Reduction Demand Planning Software 52

Supply Chain Matters

MAY 31, 2022

The report cites an internal email viewed by Bloomberg which outlines the splitting of the company’s commercial business which includes production of electric delivery vans for Amazon , from that of the retail business that produces the RIT plug-in pickup and the RIS EV sport utility vehicle. Stellantis Senior Procurement Leadership Change.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Precoro

JUNE 6, 2022

Acting as the last link selling products or services directly to the end customers – companies or individuals – the vendor receives a fee from the customer for sourcing the product tailored to his needs. Sneakers are then sold to the wholesaler B and later distributed to the retailers C and D. Suppliers' Insights. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. He gave a keynote presentation about his company’s procurement and supply chain transformation journey – one that is still underway.

Manufacturing Procurement 100

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Data 100

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Reliable and responsive suppliers are key for supply chain performance and success and hence the supply chain leaders require not only a strategic approach but also an agile approach towards outsourcing. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Precoro

APRIL 18, 2023

Supply chain visibility is a company's ability to keep track of raw materials, components, and final products – in batches or individually – as they move through the entire supply chain from suppliers through production or assembly to retailers and end customers. How Can Supply Chain Visibility be Achieved?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Unleashed

DECEMBER 10, 2023

An enterprise resource planning (ERP) system is a software solution that integrates and manages various parts of your business, such as sales, finance, marketing, planning, human resources, and procurement. They also provide dashboards for analysing and reporting data in the form of charts and graphs. ERP vs OMS: Which is right for me?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. Higher chance of heavy reliance on external financing sources, such as loans or credit lines. According to The J.P. But how can companies unlock this capital?

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Supply Chain Shaman

JUNE 6, 2013

With the shift of power to the retailer, both have had to add headcount to manage the increased demands for sales to staff account-specific teams to better manage against retailer expectations. It combines decisions across sell, deliver, make and source processes to drive value based outcomes.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. Supply chain execution the second part of the supply management process, which falls after supply chain planning. Procurement and manufacturing. Distribution.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Supply Chain Matters

JULY 11, 2023

Part of Q2’s deliveries involved its contract with online retail platform provider Amazon to supply custom EV parcel vans in the U.S. As we and other business and industry media have noted, there was turnover at the supply chain leadership level in 2022 including the director of procurement. and Europe.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Unleashed

MARCH 28, 2021

We’ll define this crucial management concept and explain how you can implement and improve supplier relationship management to leverage business success. What is supplier relationship management? SRM helps to determine how the organisation’s suppliers either contribute to or detract from the business.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Supply Chain Matters

DECEMBER 13, 2022

By Q4, major European manufacturers were exploring alternative sources to produce energy-intensive products such as chemicals and fertilizers, with the U.S. In April, economists at Goldman Sachs indicated that supply chain resilience had become a top-of-mind topic for manufacturers and retailers. seen as a likely alternative.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

GlobalTranz

MAY 21, 2015

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

Logistics Bureau

JANUARY 7, 2020

All of the initiatives listed above support the company’s business strategy to be a leader in low-cost grocery retail, making Walmart a prime example of what enterprises can achieve when supply chain and overall business strategies are aligned. . Procurement costs. Inadequate inventory management. Supply Chain Costs.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply. To further reduce costs, many buyers rely on just one supplier for certain categories of spend. The longer-term impacts.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Supply Chain Network

MARCH 2, 2012

Acquisitions of Emptoris and Demandtec expanded sourcing and pricing portfolios while the new version of IBM ILOG LogicNet Plus XE further enhances supply chain network capabilities. Matrix Commerce extends beyond the sales and customer focus to include management and optimization of supporting sourcing and supply chain facets.

Optimal Sourcing 79

Optimal Sourcing Modeling Negotiating Skills Manufacturing Procurement 79

HICX Solutions

MAY 7, 2020

Ask anyone in procurement to name their biggest challenge, and the answer is usually the same: data. This was certainly true at AutoNation , the giant auto retailer that in 2018 sold Americans more than $16 billion worth of vehicles. Self-service supplier onboarding. Single source of truth for suppliers.

Sourcing Strategies 40

Sourcing Strategies Sourcing Data Negotiating Skills 40

Unleashed

OCTOBER 4, 2023

Integration with other supply chain functions: Order fulfilment connects with other aspects of the supply chain – such as procurement, production planning, and demand forecasting – to ensure alignment and smooth operations. According to one report, small online retailers experience an average order fulfilment speed of 16 hours.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

ivalua

OCTOBER 24, 2019

“Despite most UK businesses being exposed to supply chain risk in the last 12 months, it’s clear that many don’t have comprehensive plans in place in response to pressing threats such as geopolitical changes, supplier failure, and unethical practises such as modern slavery”, commented Alex Saric, Smart Procurement expert at Ivalua.

Supply Chain Planning Software 20

Supply Chain Planning Software Gartner Manufacturing Procurement Supply Chain Planning 20

ivalua

APRIL 17, 2023

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing.

Manufacturing Procurement 130

Manufacturing Procurement Procurement Solutions Sourcing Strategies Analytics Software 130

Proxima

FEBRUARY 6, 2020

Retail has been front and centre of some of the biggest sustainability stories over the last decade. billion in unsold product last year), or the destruction of habitats to make way for excessive palm oil consumption, retailer sustainability is often big news. And so what for retail procurement?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Retail Optimal Sourcing Supply Chain Design Software 52

Supply Chain Matters

AUGUST 16, 2023

Background In prior Supply Chain Matters commentaries focused on Rivian , we have pointed out the various challenges and struggles for introducing a uniquely designed SUV and pick-up truck, while fulfilling the volume delivery needs related to a supply contract with online retail platform provider Amazon for customized EV delivery vans.

Supply Chain Design Software 52

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Unleashed

JANUARY 10, 2023

Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Supplier optimisation Supplier optimisation involves sourcing and procuring the best vendors for the various parts, products, software, and services you need to run your business. That’s right: your own production process.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

QAD

OCTOBER 5, 2021

Integrated Supplier Management. Integrated Supplier Management creates value for manufacturers by improving supplier collaboration and supply chain visibility allowing for faster response to changes in supply and demand.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 97

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

Unleashed

JANUARY 16, 2023

Conversely, a 3PL provider can also be hired to complete a single task, such as managing customer returns. 3PL providers can reduce the stress of managing high order volumes by taking care of numerous fulfilment tasks. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98