Manufacturing & Logistics IT
NOVEMBER 17, 7180
Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution
Logistics Viewpoints
NOVEMBER 8, 2022
The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Digitalizing sourcing (i.e., Procurement sourcing
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EC Sourcing Group
NOVEMBER 8, 2022
??Meeting the Demand in Sourcing and Procurement. In recent years, considerable efforts have been made to simplify and streamline sourcing, procurement, and overall supply chains to meet demand more effectively. Sourcing and Procurement Optimization : Available Technology.
ProcurePort
MARCH 17, 2023
Procurement is no exception to this new reality. While procurement and supply chain management professionals increasingly serve as trusted advisors to CFOs and other C-level executives, finding opportunities to save money remains a top priority.
Logistics Viewpoints
JANUARY 14, 2016
These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. Procurement/Sourcing Transportation Management Systems transportation management system transportation sourcing
ivalua
FEBRUARY 10, 2023
Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.
ShipBob
DECEMBER 28, 2022
Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is procurement?
ProcurePort
JUNE 29, 2022
• Robust and flexible procurement strategy can help you reduce operational and logistical experiences and equally serve as a competitive advantage. So, it’s advisable to put considerable time into designing a procurement strategy […]. Strategic Sourcing
The Logistics & Supply Chain Management Society
MARCH 14, 2023
Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.
ProcurePort
JULY 13, 2022
Companies cannot limit themselves to only sourcing from one supplier or market when value opportunities abound elsewhere. The post Global Procurement Services and Strategic Sourcing – ProcurePort appeared first on ProcurePort Blog. Procurement News
EC Sourcing Group
JULY 13, 2021
How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. Read on to learn more about how to optimize your procurement sourcing systems. . Blog Procurement
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CHAINalytics
MARCH 3, 2022
Because of stellar international growth, one of the world’s largest brewers was working with a complex and costly procurement process that begged for serious efficiency improvements. The beer giant partnered with Chainalytics to harmonise its worldwide logistics sourcing efforts.
EC Sourcing Group
DECEMBER 5, 2022
Contract Compliance and Strategic Sourcing. Compliance is one of the essential pieces of procurement management. The two must work together to keep the source-to-contract process flow working effectively. . What Is the Importance of Strategic Sourcing ?
ivalua
AUGUST 11, 2021
Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. provide source].
The Logistics & Supply Chain Management Society
FEBRUARY 16, 2023
Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing plays a crucial role in supply chain continuity.
CHAINalytics
NOVEMBER 23, 2020
And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.
ProcurePort
JUNE 23, 2021
How has technology impacted procurement and sourcing in the supply chain? Technology has revolutionized every industry and procurement is no exception. In fact, according to a global survey of 830 procurement professionals carried […]. Strategic Sourcing
Supply Chain Matters
MARCH 7, 2023
based Qualcomm ’s revenues from Vietnamese sourced chip facilities many of which supply other high tech firms such as Samsung, tripled between 2020 and 2022. billion in population will be the linchpin of an alternative sourced Asian supply network.
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. Typically, procurement is expected to deliver year-on-year savings. But when inflation pushes costs up, life gets tough for procurement teams.
Prophetic Technology
MARCH 8, 2022
The hard lessons learned from the past two years are shaping the Procurement career for the coming years. procurement supply chain EdTechThe enormous disruptions experienced in our Supply Chain (SC) demand reshaping our businesses’ strategies to cope with the recovery of our global economy.
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. Typically, procurement is expected to deliver year-on-year savings. But when inflation pushes costs up, life gets tough for procurement teams.
EC Sourcing Group
AUGUST 31, 2021
Top 5 Sourcing and Procurement Techniques. Sourcing and procurement in supply chain management play some of the most important roles. Read on to learn more about the top sourcing and procurement solutions and how you can integrate them into your workflow.
EC Sourcing Group
JUNE 17, 2020
Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain.
EC Sourcing Group
FEBRUARY 8, 2023
Legacy sourcing methods work against you. From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. Sourcing Strategies in Procurement: What Is Traditional Sourcing?
ivalua
NOVEMBER 27, 2019
If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards. So what does “good” strategic sourcing look like? Good” strategic sourcing….
All Things Supply Chain
MARCH 16, 2022
With the advent of COVID-19 pandemic, supply chains and demand have been massively disrupted and are causing inventory issues, unclear delivery reliability, and a significant risk in single-source supplier circumstances.…
LevaData
FEBRUARY 14, 2022
But these days, it's top-of-mind for sourcing and procurement professionals like never before. Sourcing- and Procurement-Specific Challenges. So, which techniques should sourcing and procurement leaders employ to manage these challenges?
Xeeva
OCTOBER 10, 2022
Insight Plum is a Procurement Technology firm based out of Dubai and is the world’s leading […]. The post Insight Plum & Xeeva Partner Showcase – Supply Chain Disruption, ESG in Procurement and Data Transformation appeared first on Xeeva.
Enchange Supply Chain Consultancy
JULY 6, 2021
Now is the time to take a deeper-dive look at what you need in place to obtain the best value from your Source discipline. Dave Jordan Supply Chain Supply Chain House Sourcing supply chain excellence procurement
Supply Chain Brain
MAY 4, 2022
Procurement operations are vital to building a resilient supply chain, and sourcing is critical to that success.
Supply Chain Matters
SEPTEMBER 21, 2022
In this particular posting, we share our review of: Profit From The Source- Transforming Your Business By Putting Suppliers at the Core. One of the statements is: “ In many companies, if not most, procurement is an unglamorous, unloved part of the business.
Procurement Academy
JUNE 7, 2022
In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Far-shoring and near-shoring are not the only sourcing strategies out there.
Procurement Academy
JUNE 7, 2022
In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. Far-shoring and near-shoring are not the only sourcing strategies out there.
EC Sourcing Group
DECEMBER 13, 2021
What Is Vendor Sourcing? Generally speaking, vendor sourcing is when you choose vendors to supply you with either goods or services. In years past, vendor sourcing could be an intricate and lengthy process. Auction Vendors: The Basics of Vendor Sourcing.
EC Sourcing Group
AUGUST 9, 2022
Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . What Are the Benefits of Sourcing Software ?
Precoro
SEPTEMBER 6, 2021
This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy.
Supply Chain Game Changer
APRIL 28, 2020
In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?
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