ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

Leadership 149

Leadership Suppliers Strategic sourcing Strategic sourcing 149

Procurement Insights

SEPTEMBER 3, 2022

Needless to say, that puts added pressure on their suppliers’ cash flow, forcing the latter to choose which customers to divert their limited resources to serve their needs. The study found that manufacturers who paid their suppliers on time received the best from the standpoint of service and quality versus those that paid late.

Suppliers 45

Suppliers Buyers Import Quality 45

ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

Leadership 100

Leadership Suppliers Strategic sourcing Strategic sourcing 100

Procurement Insights

OCTOBER 24, 2022

Point #1 – Going back to my 2008 & 2014 posts, McKinsey & Company survey of CFOs found that the C-Suite did not believe that procurement was delivering savings or value to the overall enterprise. 2008/2014 posts – [link].

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Supply Chain Opz

MARCH 21, 2014

Background Even though re-shoring concept has been adopted more and more by companies of all sizes, maintaining the good control of overseas facilities and keep the good relationship with overseas suppliers is still very important. To drive cost of generic products down, using overseas suppliers is a very good option.

Supply chain 61

Supply chain Supply Global sourcing Quality 61

Procurement Tactics

AUGUST 25, 2022

In 2014, he took a new role to transform public procurement at the Health Promotion Board (HPB) which is a statutory board under the Ministry of Health, Singapore. . Suppeco allows its customers in any industry to optimize its customer-supplier ecosystem to push for innovation and growth. Omid Ghamami. Stephany Lapierre. Mark Perera.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

Procurement Tactics

SEPTEMBER 19, 2022

The job of these officers may involve qualifying new suppliers, ensuring quality performance, and supporting supplier diversity policies. . It played a key role in ESG reporting programs for the 2010 and 2014 Paralympic and Olympic Games, the 2015 Canada Winter games, and the 2018 Special Olympics USA games. Reeve Consulting.

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

Procurement Insights

NOVEMBER 27, 2023

21, Harvard Business Review reported on how Scoutbee ’s customers, Unilever and Siemens , use our AI-powered solutions to swiftly find and engage with alternative suppliers during unexpected disruptions.” “On Nov. ” – Scoutbee LinkedIn post (Nov. ” – Scoutbee LinkedIn post (Nov.

Leadership 52

Leadership Procurement Suppliers Collaboration 52

Procurement Templates

NOVEMBER 11, 2022

This should be achieved through asking the supplier specific questions: o at selection stage, seeking evidence of developing and maintaining skills relevant to the contract in question o at award stage, seeking the supplier’s proposals for skills development and apprenticeships in performance of the contract. • Where appropriate (e.g.

Procurement 130

Procurement Contract Supply Chain Efficiency Bidding 130

Procurement Tactics

SEPTEMBER 22, 2022

Thus, it is not just about finding the right suppliers as it considers how to reduce the impact of a product’s life cycle. . IKEA sources almost half of its wood from sustainable forests which is also the same for its cotton suppliers. Adobe was the greenest IT company in Newsweek’s 2014 rankings.

Sustainability 130

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 130

Procurement Heads

JANUARY 25, 2023

Back then I was responsible for a large portfolio of international suppliers and it was fascinating to me. I say partners very meaningfully, as I believe that having suppliers is very different from establishing partnerships. We have been working hard to improve our relationship with our suppliers. First of all, people.

Sustainability 130

Sustainability Supply Chain Efficiency Influencing Supply chain 130

Barkers Procurement

JULY 12, 2023

It will certainly necessitate excellent communication between the water companies and their suppliers to ensure data is precise and valid. Indeed, AMP8 is expected to enforce that suppliers have, or are working towards, science-based targets (SBTs) by 31 March 2026.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Contract Suppliers 52

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. It’s become standard for companies to train their employees on negotiation tactics to get better deals from suppliers, but these skills are also useful outside of the buyer -supplier relationship. Supplier negotiation isn’t easy. Be Prepared!

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

Supply Chain Game Changer

FEBRUARY 3, 2022

One of the ways by which medical device manufacturers and their suppliers can increase transparency in the medical device supply chain is by using the Unique Device Identification (UDI) system. The 2014 Rule was for class III devices. FDA Mandated Unique Device Identification (UDI). The 2016 Rule was for class II medical devices.

Supply Chain Efficiency 85

Supply Chain Efficiency Supply chain Supply Suppliers 85

Let's Talk Supply Chain

AUGUST 21, 2023

With over $8 billion of product sourced, nearly 1 million RFQ’s and over 50,000 buyers and suppliers involved, they are the world’s largest manufacturing marketplace. From 2014 to 2017, Mr. Kress served as Chief Operating Officer then President at Open English, an online education platform. Today I’m joined by MFG.

supply chain software solutions 52

supply chain software solutions e2e Buyers supply chain budgeting 52

Procurement Heads

JUNE 14, 2023

We have a pitch platform where any supplier can send us a five-minute video showcasing their ideas and how they can improve the railway. We facilitate conversations between the suppliers and the business to see if what’s proposed can be trialled and perhaps rolled out more widely. Happily, we did this two-years ahead of schedule.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Networking Innovation 130

Let's Talk Supply Chain

JUNE 5, 2023

From 2014 to 2016 Jonas was a Key Account Manager and Business Development Manager and in 2016 he took over responsibility for Leschaco’s global digitization efforts as Head of Global Business Transformation. Check out our other podcasts HERE.

supply chain budgeting 59

supply chain budgeting supply chain software solutions Supply Chain Optimization e2e 59

Value Match

AUGUST 4, 2022

The human right and modern slavery abuses go back further, with reports as far back as 2014 outlining employees of the Leicester textile sector earning just £3 an hour! Recently Missguided went into administration with considerable debts owed to suppliers, including Leicester based manufacturers.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Ethics Supply 52

Jaggaer

APRIL 22, 2019

Germany introduced its CSR Directive Implementation Act in response to the EU Directive 2014/95/EU, which requires companies to report on environmental, social, and labor and human rights risks and practices not only in their own operations, but also in the supply chain. Clear steps to sustainable procurement.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

Zycus Cognitive Procurement

AUGUST 10, 2021

The member states of the EU are implementing E-invoicing on a mandatory basis between the public sector and its suppliers. Thus all the stakeholders, including buyers, suppliers, and finance departments, can achieve various tactical and strategic benefits. This market can be segmented either based on End User or Mode of Deployment.

Suppliers 40

Suppliers Buyers Data Contract 40

ivalua

JANUARY 22, 2019

A leading Telco leveraged the flexibility of the Ivalua platform to create a private marketplace where suppliers can bid for used mobile phones in mass volumes, generating hundreds of millions of dollars each year. Just a couple of examples: Revenue. Innovation.

Procurement 113

Procurement Agile and Lean Supply Chain Innovation supply chain software solutions 113

Supply Chain Game Changer

SEPTEMBER 16, 2020

What once used to be a field strictly about getting goods from point A to point B has become one where the top performers use sophisticated technology and supplier relationship management to provide untold cost savings, risk mitigation and innovation. As a result, educational opportunities have increased.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Supply Chain Collaborator

APRIL 21, 2015

The full list will be published in the April 2014 issue. UltraShipTMS has recently been attracting a growing list of new retail industry clients which Sadowski notes, “are routinely focused on the challenges of managing inbound logistics for the thousands of SKUs they bring into distribution centers from hundreds of different suppliers.”.

Logistics 60

Logistics Supply Chain Optimization Route optimization supply chain software solutions 60

EazyStock

MAY 28, 2019

Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating best pricing with suppliers rather than trying to figure out what to buy! So I am anchored to the Continent in a unique way that I take every opportunity to boast about! How do tasks change when you implement automation solutions?

Quantity 49

Quantity Negotiation Inventory Suppliers 49

Supply Chain Game Changer

FEBRUARY 16, 2020

How To Differentiate With A Supplier Relationship Management (SRM) Program! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. As stated, IWAY is Ikea’s Supplier CoC. Subscribe Here! Email Address.

Procurement 54

Procurement Supplier relationship management Supply Chain Efficiency Suppliers 54

EazyStock

MAY 28, 2019

Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating the best pricing with suppliers rather than trying to figure out what to buy! So I am anchored to the continent in a unique way that I take every opportunity to boast about! How do tasks change when you implement automation solutions?

Quantity 40

Quantity Negotiation Inventory Suppliers 40

Positive Purchasing

JANUARY 11, 2024

I left Deloitte in 2014 (which happened to coincide with the emergence of the Social Value Act), and after much consideration I came up with the TOM System^TM TOM stands for Themes, Outcomes and Measures and allows the measurement of social value around five themes: 1. How Do We Measure This “Value?”

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Procurement Insights

JANUARY 4, 2024

It is, therefore, reasonable to assume that if managing in-process purchase orders is done effectively, then the “hand-off” to managing payment of supplier invoices should be virtually problem-free. 53% of midmarket B2B companies are using spreadsheets to manage their accounts receivable (2014 study by e2b teknologies).

Purchase orders 80

Purchase orders Purchasing Supply chain Management 80

Supply Chain Game Changer

NOVEMBER 26, 2018

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Furthermore, the guidelines spelled out in IWAY established a new normal for the future of Ikea’s requirements on suppliers. What is IWAY?

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Claritum

AUGUST 23, 2019

Achieving results with supplier diversity. Tapping into these organisations, as part of your supplier network, has become an essential part of larger organisations strategies. For example, roughly 97% of the Fortune 500 companies set percentage or dollar goals on supplier diversity. Supplier diversity is good for business.

Supply 36

Supply Agile and Lean Supply Chain Suppliers Contract 36

EazyStock

MAY 11, 2021

This could include setting up sophisticated ordering processes for all A items, such as checking every purchase order and spending more time discussing lead times with suppliers to guarantee best value and timely deliveries. This post was originally published in December 2014; it was edited May 2021.

Inventory 52

Inventory Demand Purchasing Purchase orders 52

The Network Effect

JULY 29, 2014

World revenue for OTC medicines could reach $80B US by the end of 2014, supported by the trend for drugs to move from prescription to OTC. This allows the supply network to be easily rolled out to multiple sites within the enterprise and also adopted by new suppliers and customers. only half the equation. distribution as well.

Supply chain 68

Supply chain Distribution channels Supply Networking 68

EazyStock

JUNE 18, 2019

This could include setting up sophisticated ordering processes for all A items, such as checking every purchase order and spending more time discussing lead times with suppliers to guarantee best value and timely deliveries. This post was originally published in December 2014; it was edited June 2019.

Inventory 51

Inventory Management Demand Purchasing 51

EazyStock

JUNE 18, 2019

This could include setting up sophisticated ordering processes for all A items, such as checking every purchase order and spending more time discussing lead times with suppliers to guarantee best value and timely deliveries. This post was originally published in December 2014; it was edited June 2019.

Inventory 40

Inventory Management Demand Purchasing 40

The Thomas Blog

JULY 6, 2022

If you tried to replicate all of the supplier evaluation activity on the platform that happens in a single month, it would take you 7.5 The industry's most trusted sourcing platform at Thomasnet.com hosts more than 500,000 North American suppliers and brings millions of buyers each month. years — without sleeping. Continental.

Networking 98

Networking Buyers Budget Suppliers 98

Supply Chain Game Changer

NOVEMBER 7, 2019

Rojas 2014). Digitalization ties directly into a competitive edge, driving collaboration and innovation within the supplier base, and the ability to make more intelligent, data-driven decisions. which always disrupts the initial undertaking.” Very much like the sculpture “Where the Slaves Live”, a business is an ecosystem of its own.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Procurement Innovation Sourcing 55

Supply Chain Trend

DECEMBER 22, 2023

I would now split planning into basic planning decisions (change a price to close a projected value gap) and complex planning decisions (align internal functions, supplier, and customer around a new product introduction, relationship complexity that a machine can’t solve). The machine can automate a price change for an online retailer easily.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78