Spend Matters

APRIL 10, 2024

Matchory focuses solely on supplier discovery, has an affordable pricing structure and requires no implementation efforts. Matchory was founded in 2019 and targets medium to large manufacturers and procurement consultancies in Europe and North America. This content is for members only. Visit the site and log in/register to read.

Suppliers 81

Suppliers Supply Chain Efficiency Supply Chain Optimization Strategic sourcing 81

Spend Matters

FEBRUARY 13, 2023

The last few years have put the word “supply chain” in the headlines as so-called supply chain disruptions and shortages have impacted everybody. Even now, supply chains are far from being “back to normal.” Read more. )

Risk management 73

Risk management Supply Chain Optimization Risk Supply chain 73

Procurement Tactics

JUNE 8, 2023

A purchase order clearly specifies the details of the purchase, such as the quantity, description, and price, ensuring there are no misunderstandings between the buyer and the seller. This helps in planning and prevents situations like running out of stock or overstocking, optimizing the supply chain management process.

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Regular collaboration between buyers and suppliers helps align their goals and strategies, making sure that every interaction benefits both parties.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. In 2022, inflation rates peaked at 9.1%

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Spend Matters

JANUARY 4, 2023

It addresses complex challenges involved in the optimization of product and supply chain designs with a new approach that opens the door to new use cases and markets for procurement teams. Read more. ).

Supply Chain Optimization 76

Supply Chain Optimization Supply Procurement team Sustainability 76

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

SCMDOJO

JANUARY 17, 2024

Unfortunately, the majority of them miss one of the critical aspects of the supply chain – the Return Management of goods. But nowadays, it is an integral part of the supply chain. The company arranges to pick up the items from the end buyer and take them to the warehouse. What is Returns Management?

Supply Chain Efficiency 86

Supply Chain Efficiency Management Supply Chain Optimization Logistics 86

Procurement Tactics

JULY 2, 2023

To continue to optimize procurement processes, implement these lessons in future job orders. Improved Supplier-Buyer Relationships Transparent relations with suppliers are also facilitated by clear and detailed job orders. Procurify Procurify is equipped with a variety of tools that optimize procurement tasks.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Arkestro

FEBRUARY 6, 2024

Arkestro’s Personal Touch Across the Globe When a large organization with a complex supply chain came to Arkestro to implement our PPO platform, our professional services team traveled to three of their global locations to make sure PPO could be their strategic superpower this year. Our suggested pricing capabilities.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.". Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails.

Agile and Lean Supply Chain 63

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 63

Skill Dynamics

OCTOBER 19, 2023

Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. In terms of cost savings, skilled negotiators can secure lower prices, discounts, and beneficial payment terms.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

Strategic Sourceror

AUGUST 3, 2022

Product shortages were a common sight throughout much of the country, due in part to supply chain bottlenecks, so stocking up wherever possible made sense. Inflation eating into household budgets The uptick in inventory is largely due to the surge in prices charged by businesses in just about every industry.

Inventory 104

Inventory supply chain budgeting Supply Chain Optimization Consumer demands 104

Spend Matters

OCTOBER 12, 2022

After discussions with customers centered on optimizing procurement and supply chain risk, CreditRiskMonitor began developing a more procurement-centric user experience in 2019 and launched SupplyChainMonitor in May of 2022. However, the vendor also offers an early bird discount which lowers the price to $18,500.

Risk 82

Risk Supply Chain Optimization Price Buyers 82

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. appeared first on Supply Chain Game Changer™.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Purchasing 52

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Spend Matters

JUNE 19, 2023

I have seen top performers with catalog content that includes volume/promotional pricing, real-time price checks, multi-currency, multilingual and custom or specialty attributes for industry-specific inventory data, which were also embedded into shopping lists and more. Top performing vendors have more options to create catalogs (e.g.,

Procurement solutions 87

Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

Arkestro

MAY 9, 2022

Ensure your company has a steady supply of what it needs to produce its end product on time and at the lowest possible price. Ongoing Supply Chain Challenges. In a March 2022 article in The Harvard Business Review titled “ Are the Risks of Global Supply Chains Starting to Outweigh the Rewards?”

Procurement 52

Procurement supply chain software solutions Supply Chain Optimization Real-time Visibility 52

IBM Supply Chain Blog

APRIL 25, 2024

This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues. Commerce is a complex journey in which the moment of truth—conversion—takes place.

Strategy 87

Strategy Ethics Purchasing Data 87

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Game Changer

JUNE 3, 2021

Subscribe to Supply Chain Game Changer. The goal of supply chains is to add value to the manufacturing and distribution processes. Supply chains can be differentiated based on characteristics such as price, time reliability, and risk, depending on the markets and value chains they serve.

Logistics 97

Logistics Import Supply Chain Efficiency Supply Chain Optimization 97

Positive Purchasing

SEPTEMBER 5, 2023

Jonathan: We set the business up because we were convinced the World needed and was ready to embrace sustainability in both immediate suppliers and right down their extended supply chain – and a heap of conversations with prospective clients confirmed that this was indeed the case. How do we manage risk?

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. An open dialogue about delivery capability is crucial to addressing supply chain bottlenecks and building a good relationship.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Keep track of lead times and increase visibility in the supply chain. Successful sales during this period come down to many factors.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Keep track of lead times and increase visibility in the supply chain. Successful sales during this period come down to many factors.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Inventory Real-time Visibility 52

Skill Dynamics

AUGUST 15, 2022

There are various models for supplier relationship management and it’s a complex function involving assessment, advanced evaluation, and subsequent action planning to continuously optimize long-term relationships. They cannot be managed on mass in eAuctions systems or be subjected to blanket demands for price reductions.

Supplier relationship management 52

Supplier relationship management Suppliers Strategy Management 52

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. New Competencies for new roles.

Procurement 52

Procurement Buyers Leadership Agile and Lean Supply Chain 52

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 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. Procuring: Procuring involves the entire process of obtaining goods, services, or works from external sources.

Procurement 97

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

The Thomas Blog

JUNE 22, 2022

To start, industrial businesses will need an effective online marketing and sales strategy to help them achieve their business goals — because the B2B buyer behavior has changed. Here are a few things to keep in mind if you're a manufacturer looking for more customers: Optimize Your Website To Convert New Customers. Finance Managers.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. Procurement is one of the sole functions in an organization that can truly implement and realizes quality and sustainability initiatives in the line; considering procurement’s ability to impact the global supply chain network at the supplier level. Subscribe Here! Email Address.

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Uncertain global markets. Layoffs and hiring freezes.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

JUNE 30, 2021

Subscribe to Supply Chain Game Changer. A product’s quality and price no longer define how much value a good has. For an eCommerce customer, buyer satisfaction comes with the peace of mind from the unmatched care the goods receive while in transit up to installation. Subscribe Here! Email Address. Real-Time Updates.

Buyers 98

Buyers Logistics Supply Chain Efficiency Supply Chain Optimization 98