Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect?

Supply chain management 71

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 71

Procurement Leaders

MARCH 26, 2024

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. But does it work?

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Procurement Leaders

APRIL 6, 2023

That said, the biggest challenge remains going deep into your supply chain. UCB’s changing supply chain We have a categorisation beyond whether a supplier is strategic or not. Sometimes we say there is no alternative available, while it might be that the alternative is simply not the most cost-efficient.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 130

Spend Matters

FEBRUARY 20, 2023

Categories: Procurement Systems & Architecture , Supply Chain Visibility Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data.

Supply Chain Efficiency 69

Supply Chain Efficiency Supply chain Raw materials Supply Chain Visibility 69

Una

JANUARY 17, 2023

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology. Streamlined cross-border trade.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

SCMDOJO

FEBRUARY 9, 2022

Whether you outsource or buy one, working with one of these machines will greatly speed up your supply chain. Thanks to CNC machine technology, traditional manufacturing supply chains are gradually disappearing. Machine parts manufacturing companies must rely on their supply chains to obtain and transport raw materials.

Supply Chain Efficiency 136

Supply Chain Efficiency supply chain software solutions Supply chain Raw materials 136

ivalua

JUNE 29, 2020

With rising costs and declining margins, health systems must become more efficient and productive. We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Share on Twitter. According to 2019 Definitive Healthcare data, U.S.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

SCMDOJO

JANUARY 17, 2024

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. The bad news is that almost 30% of online purchases are returned. Statistics revealed that 92% of buyers stick to the business if the return process is simple.

Supply Chain Efficiency 86

Supply Chain Efficiency Management Supply Chain Optimization Logistics 86

Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

SCMDOJO

FEBRUARY 14, 2024

How is marketing connected to my supply chain? The supply chain of your business has many components. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 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. The key is to keep track of your inventory planning and purchasing processes. 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. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

Supply Chain Game Changer

JULY 7, 2021

Subscribe to Supply Chain Game Changer. Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. With newer technologies being founded, Amazon continually offers new services and breaks the rules of supply chain management to improve their service, margins, and for sellers.

Supply Chain Optimization 100

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Strategy 100

Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Rajeev Karmacharya.

Procurement 231

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

Supply Chain Game Changer

JUNE 18, 2021

Subscribe to Supply Chain Game Changer. In the procurement profession, speed and efficiency are key. Why Speed and Efficiency are Crucial in Procurement? This is because it forms the basis of supplier management, purchase and sourcing processes of procurement. Subscribe Here! Email Address. Procurement Automation.

Supply Chain Efficiency 60

Supply Chain Efficiency Procurement Contract Purchase orders 60

Strategic Sourceror

NOVEMBER 30, 2022

While supply chain disruptions have frustrated both buyers and sellers since 2020, many of the previous bottlenecks have since been dislodged, setting the industry up for what could be a banner year from a sales perspective, despite high inflation. "From a supply-chain standpoint, it's the opposite of last year."

Retail Supply Chain 62

Retail Supply Chain Supply Chain Efficiency Supply chain Supply 62

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. Creating a job order as well as purchase orders is one of them. What is a Job Order?

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

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. Global supply chains.

Supply Chain Optimization 52

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

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Purchasing items for projects has always been difficult because of high administration costs and risks associated with both the buyer and seller. For example, bitcoin could revolutionize the construction industry because of its transparency and security features. Efficiency.

Supply Chain Efficiency 86

Supply Chain Efficiency Bidding Networking Contract 86

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

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. Subscribe Here! Email Address. Project-Based Procurement.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

Supply Chain Game Changer

MAY 5, 2021

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! As everyone in Supply Chain Management knows today, the field has come a long way. For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Email Address.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement.

Procurement solutions 87

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 87

Procurement Tactics

JUNE 28, 2023

Commodity Trading is also a vital aspect of the Global Economy; Providing price discovery, risk management, and efficient resource allocation. 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.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

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

Arkestro

FEBRUARY 6, 2024

More and more, procurement professionals everywhere are seeing the value of using a platform like Arkestro for sourcing and spot purchase events, making their procurement processes more competitive, and driving cost savings. Supplier and Buyer Engagement In India, our team worked to train over 15 buyers.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category.

Suppliers 100

Suppliers Supplier consolidation Supply Chain Efficiency Data 100

Supply Chain Game Changer

OCTOBER 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) But in the area of Supply Chain, which truly spans the entire operations of most any company, these technologies provide the platform to totally redefine how the work of Supply Chain is conducted every minute of every day.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

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

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? Subscribe Here! Email Address.

Agile and Lean Supply Chain 63

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

Supply Chain Game Changer

FEBRUARY 17, 2022

Subscribe to Supply Chain Game Changer. 3D Printing is Changing Global Supply Chains! Three-dimensional architectural visualization today enjoys a very high popularity in the circles of both developers and buyers. Originally written for Supply Chain Game Changer and published on February 17, 2022.

Supply Chain Efficiency 111

Supply Chain Efficiency Buyers Purchasing Supply chain 111

The Thomas Blog

SEPTEMBER 6, 2022

They are turning more to snack items versus traditional food, purchasing food with a diversity of flavors, and seeking out food that shows where it was derived from. Product traceability and company transparency are important to millennials. Managing supply chain disruption is not new to manufacturers and industrial companies.

Consumer demands 105

Consumer demands Supply Chain Efficiency Buyers Demand 105

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Strategic Sourceror

DECEMBER 5, 2022

Prior to the pandemic, just-in-time inventory — the supply chain management strategy of keeping "just enough" inventory in stock to satisfy expected demand — was considered conventional wisdom. An excess inventory strategy may be the new best practice for supply chain efficiency.

Inventory 62

Inventory Strategy Supply Chain Efficiency Management 62

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