ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Jaggaer

APRIL 9, 2025

These integrations bring a range of benefits including improved quality control, better decision-making, greater supply chain resilience, increased efficiency and reduced downtime. In most modern manufacturing environments, MES is closely integrated with ERP systems. Future Trends in MES Industry 4.0,

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

Procurement Insights

APRIL 13, 2025

supplier bids, tariff updates) without predefined labels, similar to unsupervised learning, adapting to market shifts like 60% China tariffs. unit, source coffee from Ethiopia at $4/kg) based on current data, prioritizing cost and quality. Self-Learning Aspect: Algorithms parse unstructured data (e.g., unit), assess $0.07/unit

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization Data 52

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

JANUARY 9, 2024

Federal and global regulations are forcing manufacturers to make fundamental changes in the way they source materials, use energy, and more. Sustainable bidding. Supply Chain Resilience The pandemic highlighted the importance of supply chain resilience. Conduct risk assessments.

supply chain budgeting 52

supply chain budgeting Procurement Supply chain resilience Supply Chain Optimization 52

SCMDOJO

JUNE 28, 2024

Deep knowledge of procurement, sourcing, vendor management, and category management in different categories. Vera has delivered programs on “Supply Chain Resilience,” “Risk Management,” “Procurement Digitalization”, “Procurement Transformation”, “Category Strategies”, “SRM,” and other topics.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Value Match

FEBRUARY 23, 2023

This could include setting targets for reducing carbon emissions and encouraging the use of renewable energy sources. Ensure supply chain resilience : Procurement teams can work with suppliers to ensure that their supply chains are resilient to the impacts of sea level rise, such as flooding and storms.

Procurement team 52

Procurement team supply chain software solutions Supply chain resilience Bidding 52

Arkestro

OCTOBER 3, 2024

Another example is the requirement supporting localized sourcing content from the USMCA (United States-Mexico-Canada Trade Agreement). Overall, procurement has seen more requirements around tracking raw materials and origin throughout the supply chain. As the adage goes, necessity is the mother of invention.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

TYA Suite

JULY 17, 2024

Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing. Prioritizes environmental, social, and ethical considerations in supplier selection and sourcing decisions. Limited use of technology and digital tools in procurement operations.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52