Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

Procurement Software

FEBRUARY 14, 2023

If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software? Or, more specifically, what type of cost model does the procurement software provider use for their pricing?

supply chain software solutions 72

supply chain software solutions Procurement Price Sourcing 72

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. There are various tools and software that provide a template to create a job order document.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

World of Procurement blog

APRIL 12, 2021

If you’re a Procurement Pro who does not understand Contracts you’re at a disadvantage in all that you’re doing. When I talk about not understanding contracts I’m talking about not understanding contractual terms and the impact of specific terms on the procurements you’ve undertaken. WHAT IS A CONTRACT? It should be in the RFP.

Contract 52

Contract Procurement supply chain software solutions Buyers 52

Procurement Software

MARCH 11, 2022

Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. Ditch C-drives, email inboxes or clunky Sharepoint sites as data silos.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. Ditch C-drives, email inboxes or clunky Sharepoint sites as data silos.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company? Procurement is more about contract management and negotiating great commercials for your business.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

The Procuretech Podcast

MARCH 1, 2022

Kicking off this week with the first of a number of interviews we'll be doing over the next couple of months with contract management platforms. This is a rapidly expanding area and it's gone from simply being repositories and authorisation / signature software into becoming a very diverse ecosystem over the past few years.

Contract management 40

Contract management Contract Management supply chain software solutions 40

Procurement Insights

SEPTEMBER 15, 2023

As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023? Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.”

Buyers 63

Buyers supply chain software solutions Bidding Quality 63

Procurement Tactics

AUGUST 24, 2022

A supply network is a cluster of suppliers or vendors that helps an organization in adding value for customers by producing or delivering a product. . It is a virtual platform where suppliers and buyers located anywhere in the world can collaborate together. Improved contract terms. How to improve Supply Network?

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

Procurement Tactics

JUNE 28, 2023

Furthermore, it provides transparency when it comes to pricing trends as it focuses on the law of supply and demand Different Ways Commodities can be Traded 1. The obligation to deliver the underlying commodity is assumed by the seller, at the contract’s expiry date. Here are some tools and software available for commodity trading: 1.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Let's Talk Supply Chain

SEPTEMBER 15, 2022

This, coupled with other external factors like clogged ports, only continues to exacerbate the havoc that disrupts the global supply chain. However, exporters can overcome some of these challenges by using financing solutions to improve cash flow, and significantly reduce the buyer’s payment risk. Reaction from Buyers.

Export 89

Export Buyers Management supply chain software solutions 89

Procurement Insights

FEBRUARY 17, 2024

As a result, there will be a continuing need for “low-level” buyers. DANONE IN 2023 In November 2023, I had the opportunity to moderate a panel discussion with Daniele Landi, C&P Sourcing Execution and Contract Management Director, Danone, and Chris Donofrio, Senior Procurement Manager, Spirent Communications Inc.

supply chain software solutions 61

supply chain software solutions Supply Contract management Supply chain 61

Una

JANUARY 1, 2024

There are dozens of excellent survey software alternatives on the market, ranging from webpage pop-ups to app-based mobile surveys and plug-ins for platforms like Slack and Teams. Get control of IT procurement Two key IT procurement challenges that will test your resolve in the new year are shadow IT and auto-renewing software subscriptions.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Procurement Software

MARCH 19, 2024

It will take time before we have dedicated generative AI-driven procurement software. Examples here are: Drafting routine RFP documents Non-disclosure agreements Frame contracts Procurement policies and procedures So, in summary, the current use cases are more focused on time and efficiency savings.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Contract lifecycle management. For the operational and transactional columns, how many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer? Reductions in energy or material consumption. Supplier innovation. Third party risk management.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Pipefy

MAY 23, 2023

However, the software that works best for you will be based on your industry, business size, tech stack, and procurement objectives, which might include hastening production, eliminating order errors, or cutting dead stock costs. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Purchasing: Purchasing is the act of buying goods or services from suppliers or vendors.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

Zycus Cognitive Procurement

SEPTEMBER 13, 2022

Recent technological developments, political relations, strict compliance mandates, and uncertain times have resulted in what Bernard talks about changing roles of buyers and suppliers in this VUCA world. Changing Roles of Buyers. This was the first significant change in the buyers’ role.

Procurement 52

Procurement Buyers Leadership Agile and Lean Supply Chain 52

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement. This can enable significant cost savings and improve profitability.

Supply Chain Efficiency 54

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 54

Supply Chain Game Changer

OCTOBER 12, 2022

Subscribe to Supply Chain Game Changer. Cyber Security Options for Supply Chain! One of the best ways to enhance lead generation is by implementing customer relationship management (CRM) software in your cybersecurity company. Use the collected data to build buyer personas. Subscribe Here! Email Address.

Supply Chain Optimization 87

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Strategy 87

SCMDOJO

OCTOBER 27, 2023

Contract Negotiation: This negotiation involves discussions and agreements on the terms and conditions of the procurement contract. Supplier Selection Negotiation: Negotiating with potential suppliers to determine which one will be awarded the contract based on factors such as quality, price, and reliability.

Supplier negotiation 88

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Contract lifecycle management. For the operational and transactional columns, how many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer? Reductions in energy or material consumption. Supplier innovation. Third party risk management.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

HICX

DECEMBER 15, 2022

After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers. He goes on to give an example of how not knowing about a company’s past performance could have had tragic consequences in the case of a contract awarded to a school bus company. .

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Procurement Software

APRIL 18, 2023

With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. This saves buyers not only money, but hours of conversation time. This delivers the buyer lower unit prices.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. Tech companies definitely see the value in data analytics and this pans out to contract management, streamlining processes and detailed spend analysis. Typically, this is the CFO.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Skill Dynamics

AUGUST 15, 2022

It’s both the responsibility of the supplier and the buyer to foster good behaviors that will ensure a positive relationship, resulting in win-win situations. When buyers invest in their relationships they are typically reciprocated by the supplier, and with a diverse array of benefits. A supplier relationship management program.

Supplier relationship management 52

Supplier relationship management Suppliers Strategy Management 52

Spend Matters

AUGUST 3, 2022

managing contracts or ESG performance), spend categories and supporting intelligence. This ecosystem strategy for managing “best-in-class architectures” is unfortunately still nascent, but recent activity has thankfully signaled the start of a greater shift by the large technology vendors themselves (and not just progressive buyers).

Sourcing 83

Sourcing Spend management Procurement supply chain software solutions 83

Procurement Tactics

JULY 14, 2022

Procurement executives are known as purchasing agents or buyers in some organizations. According to salary.com , the average global supply chain and procurement executive salary in the United States is $260,390 as of May 27, 2022. . Proficiency in CRM and inventory management software programs.

Procurement 130

Procurement Purchase orders Purchasing Negotiation 130

Zycus Cognitive Procurement

FEBRUARY 14, 2022

The first step to building a resilient supply chain is strengthening your relationships with suppliers. The slow supply chain recovery post-pandemic, along with increased volatility and disruptions due to factors like climate change – means key partnerships can make or break your business moving into the new year.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

ivalua

AUGUST 5, 2020

Invoice to Pay sits at the end of a Procurement process that starts with a need, moves through selecting and contracting with a supplier and ends with delivery of goods or services. . Invoice to Pay and e invoicing solutions have enabled organizations like Select Medical to achieve 96% straight-through-processing of payment requests.

supply chain software solutions 130

supply chain software solutions Real-time Visibility Suppliers supply chain budgeting 130

Jaggaer

NOVEMBER 12, 2019

Most software vendors have taken an applications-driven approach to delivering solutions. This has brought benefits but not sustainable value , especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. Automated compliance management. Competitive intelligence.

Collaboration 78

Collaboration Suppliers Data supply chain software solutions 78

World of Procurement blog

APRIL 8, 2021

I would say that I’m a Contract Procurement Nerd who loves to fuse both the legal elements with the practical, straight-talking elements of Procurement. As you can see, it’s good to get both the Contract Terms right and the Statement of Work which we are going to focus on here.

Price 52

Price Contract Buyers Suppliers 52

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Supply Chain Game Changer

NOVEMBER 15, 2018

As supply chain networks become more complex, and risks grow larger, the visibility of supply chain activities becomes all the more distant. But, as the physical distance grows between buyer and supplier, so does the gap in ability to ensure compliance and governance. around the globe?—?and API Driven Innovation.

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain software solutions Procurement Procurement team 53

Planergy

OCTOBER 20, 2022

Sourcing Supply Chain Management. RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. Buyers can provide information about prices, quality, delivery times, and other important factors when purchasing. Lyle Del Vecchio. 15 min read.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52