SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Logistics Viewpoints

JULY 13, 2022

Supply chain disruptions are continuing to occur for a variety of reasons. One issue that does not get talked about as much, however, is supply chain fraud. One issue that does not get talked about as much, however, is supply chain fraud. What exactly do I mean by supply chain fraud?

Supply Chain Software 213

Supply Chain Software Supply Chain Supply and Demand Supply Chain Network Software 213

Logistics Viewpoints

APRIL 8, 2024

Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology. Exiger is tracking events occurring in 16 million supply chains that include 600 million legal entities. Initially, they provided risk solutions to financial services firms.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

Proxima

JUNE 5, 2023

It is now relatively safe to say this period has passed – for months now we have been seeing an increase in manufacturing and logistics capacities, as the strategies firms have deployed to counteract supply chain disruption begin to bear fruit. Yet while this is true, it doesn’t much feel like it to the average consumer.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Purchasing Skills Procurement Solutions 52

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. Big Picture Thinking.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Claritum

NOVEMBER 23, 2020

Claritum’s top ten 2021 predictions for Procurement. To combat issues of trading during significant supply chain disruptions. Medium sized organisations will use procurement automation and buyer portals in the cloud, to address concerns of spend management, remote working and data security.

Predictive Analytics Software 41

Predictive Analytics Software Optimal Sourcing Predictive Analytics Procurement 41

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. This is especially true as peak season continues to grow volatile.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips.

Negotiating Skills 120

Negotiating Skills Price Reduction Cost Reduction Strategies Optimal Sourcing 120

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

EC Sourcing Group

AUGUST 24, 2021

Category management in procurement is an integral part of the procurement strategy in which procurement managers take specific products or services and divide them into certain categories. Category Management in Procurement : Category Management Best Practices. Category Management in Procurement: The Covid-19 Response.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Price Mitigation Strategies Supply Chain Optimization 52

NC State SCRC

MARCH 31, 2021

One of the grave failures is the challenge governments faced in securing personal protection equipment (PPE) for its citizens. Early in the pandemic, I was asked to join a team of academics to document and understand how state procurement officers were able to mobilize and react to this incredible situation. 1] Simon J.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Government 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logility

OCTOBER 21, 2021

In light of both compliance standards and consumer preferences, non-sustainable supply chains create business risks, including higher chances for reputational damage and supply chain disruptions due to ecological collapses or international embargos. Avoid supply chain disruptions.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

Synovos

FEBRUARY 21, 2023

The report, based on a global survey of indirect procurement professionals, reveals that 82% of respondents regard inflation as a major challenge over the next 12 months. Build Strong Relationships with Suppliers What tactics can indirect procurement professionals use to help them manage these various crises?

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Vendor Strategies Supply Chain 52

QAD

APRIL 26, 2022

The supply chain expo MODEX 2022 held last month included a keynote presentation highlighting the 2022 MHI Annual Industry Report “Evolution to Revolution: Building the Supply Chains of Tomorrow.” This is because they often deliver improved performance and increased visibility across the organization.

Supply Chain Software 91

Supply Chain Software Prescriptive Analytics Software Agile and Lean Supply Chain Logistics Network Optimization Software 91

SYSPRO Smarter ERP

APRIL 18, 2022

While the pandemic was undoubtedly the catalyst for recent supply chain disruptions it’s not the only cause. Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. OTR freight represents a long-standing aspect of supply chain operations and transportation management. to avoid significant supply chain disruption. Supply & Demand Chain Executive , in 2020, the ?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Turvo

JULY 15, 2021

In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. This generally gets referred to as trucking capacity, and it remains one of the most critical aspects of dealing with supply chain disruptions.

Capacity 97

Capacity Supply Chain Network Software Analytics Software Demand Planning Software 97

SYSPRO Smarter ERP

JANUARY 2, 2023

Smart factories are growing in prominence as continued supply chain disruptions and pressures from the 4 th Industrial Revolution make embracing technology a necessity for manufacturers. For manufacturers to remain competitive, adopting more IoT technologies into their supply chain is key.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Network Software Optimal Sourcing Optimization Software 105

Enterra Insights

AUGUST 11, 2022

The short-term effects of supply chain disruption have severely impacted all manner of businesses worldwide.”[2] As a result, Elfman reports one of the changes many supply chain managers are implementing is a just-in-case (JIC) approach. 2) Develop an evacuation and security plan for employees.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Supply Chain Planning 130

LevaData

FEBRUARY 2, 2022

Considering Cyber Security Risks. Cyber security dangers are expanding, as indicated by broad attacks on firms such as Microsoft and the growing number of ransomware cases. Are you ready to embark on a digital transformation with an integrated supply management platform? Supply chain disruptions are, […].

Predictive Analytics Software 74

Predictive Analytics Software Supply Chain Network Software Supply Chain Software Supply Chain Disruption 74

Resilinc

OCTOBER 23, 2023

Read on to hear Craig’s expert insights on the current landscape and what companies can do to accelerate supply chain resilience in the midst of increased supply chain disruptions. Tell us a bit about your background in Life Sciences.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

BlueYonder

OCTOBER 4, 2022

Supply Chain Disruption. In a series of blog articles, the Product/Solution Marketing team explores innovative solutions to guard against supply chain disruptions. Unfortunately, what we’re seeing in China may be only the beginning of a new era of supply chain disruption driven by climate change.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 82

Supply Chain Matters

OCTOBER 6, 2023

There should be little surprise based on this update and others to come, that cybersecurity safeguards, mitigation and response remain a top priority for many companies and their production and supply chain support systems

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Network Software Consumer Goods Supply Chain Software 59

Supply Chain Matters

SEPTEMBER 19, 2023

While IT organizations generally hold responsibility for overall data and systems security, cross functional supply chain, procurement and product management teams have a critical role to play in ensuring that business processes, employee and supplier practices adhere and are managed to the highest cyber security standards.

Supply Chain Planning Software 59

Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software Supply Chain Planning 59

Taulia

FEBRUARY 27, 2024

Digital supplier management solutions can also include digitalized procurement, whereby purchases are tracked from a central purchasing dashboard and measured against a variety of procurement KPIs. Increased flexibility/adaptability: In traditional supply chains, identifying potential issues can be laborious and time-consuming.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52

QAD

MAY 24, 2023

Automate Your Procurement and Sourcing Efforts Procurement and sourcing are core supply chain activities, as it affects almost every aspect of your company’s operations and profit margins. Accenture reports that 94% of Fortune 1000 companies are experiencing global supply chain disruptions.

Supply Chain Planning Software 52

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

Jaggaer

MARCH 2, 2020

The latest Supply Chain Resilience Report published by the Business Continuity Institute in partnership with the Chartered Institute of Procurement & Supply (CIPS) provides some fascinating insights. Number of disruptions 2018 Disruption Levels 56.5% 2019 Disruption Levels 51.9%.

Supplier Management 103

Supplier Management Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software 103

Enterra Insights

NOVEMBER 16, 2021

” Improving Supply Chain Situational Awareness. Sean Thompson ( @seantho ), Executive Vice President of network and ecosystem for SAP Procurement Solutions, insists one of the problems preventing organizations from cutting through the fog of business is the whole notion of a “linear supply chain.”

Supply Chain Visibility 130

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130

SCMDOJO

SEPTEMBER 26, 2023

Supply chain management professionals know the essentiality of Enterprise Resource Planning (ERP): these software systems automate everything from procurement, inventory, and financials, as well as assist with customer relations and human relations.

Supply Chain Planning Software 72

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 72

Exiger Perspectives

APRIL 3, 2023

A proven supply chain risk management framework, like Exiger’s TPRM and SCRM framework , enables compliance teams, corporations and governments to identify, assess and respond to third-party service providers, supplier risks and other involved procurement risks throughout their supply chain lifecycle.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt.

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Synovos

FEBRUARY 21, 2023

Future Proofing: Digitalization as a Solution The same report notes that many British manufacturers are trying to mitigate supply chain risk by reducing the geographical spread of their procurement networks, with 42% of those surveyed having increased the proportion of UK-based suppliers. Digitalization is not just reactive.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Inventory Management Software Agile and Lean Supply Chain 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes have increased the speed and accuracy of information flow, enabled real-time visibility, and improved collaboration among supply chain partners. Furthermore, talent shortages pose a challenge to supply chain management.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130