Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

QAD

MAY 26, 2021

Founded in 1979, QAD began as a small startup solution working with local companies to address a large gap in complete, integrated business software for manufacturing companies. As manufacturing businesses took their brands globally, we adapted quickly to keep up and our software has adapted as well. Financials Management.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Supply Chain Design Software Analytics Software 52

NC State SCRC

APRIL 6, 2019

Our fourth paper in our series on contract management features a great summary by Sara Sonderman, who pulls together some great information on the application of technology in contract management and renewals. Contract management is a key stage within the strategic sourcing process.

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Software Negotiating Skills Optimal Sourcing 58

Arena Solutions

MARCH 3, 2020

They have strategic sourcing relationships with numerous industry-leading systems engineers to design and manufacturers assemble these cells into robust battery products and systems. Growing Into Full Product Lifecycle Management. As the lithium-ion battery market grows, so does Navitas Systems’ business process needs.

Continuous Improvement 55

Continuous Improvement Optimal Sourcing Supply Chain Design Software Chad 55

Precoro

MARCH 30, 2022

The term procurement strategy refers to a long-term plan to build strategic relationships with competitive suppliers to acquire the necessary goods and services of the best quality in a specific cost range and have them delivered on time. It’s an overarching term that encompasses various processes of a procurement cycle.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52