ivalua

MAY 28, 2014

Internally, buyers and engineers must work with quality and product; then that cross-functional group must collaborate with external suppliers. Commodity managers, engineers, and quality managers are always on the road, where they still need to communicate and get their work done.

Supply Chain Optimization 100

Supply Chain Optimization Innovation Supply chain Cost of ownership 100

Supply Chain Game Changer

APRIL 4, 2022

This includes what may happen if a buyer becomes injured by a defective product. According to product liability laws, buyers have legal protections concerning products deemed to be unreasonably dangerous. Product liability is a legal term that details the manufacturer, distributor, and seller’s responsibilities.

Buyers 99

Buyers Supply chain Risk Contract 99

Jaggaer

JULY 2, 2020

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. It’s often said that the most challenging negotiations are not the ones with suppliers, but rather the internal ones.

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

Procurement Heads

FEBRUARY 16, 2023

But as the needs of our customers as well as the solution to address them become more and more complex I see us moving in a direction whereby companies are going to be much more eco-system partners rather than purely buyers and suppliers. An evolution we still have to make…

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

Supply Chain Game Changer

APRIL 4, 2019

How is it possible, that a function serving as one of the greatest creators of sustainability and quality management in the line, cost-based savings, and allocators of the majority of direct spend, can be devalued to solely a supporting role in the value chain? largely viewed as a secondary activity in most organizations’ value chains.

supply chain software solutions 60

supply chain software solutions Purchasing Quality Buyers 60

Supply Chain Opz

JUNE 23, 2014

8) Go beyond unit cost In supplier selection/negotiation process, the first priority for most buyers is to find cheap suppliers (and other selection criteria are usually ignored). This approach will help you to determine if S&OP meeting help to improve accuracy or not. And you know well, cheap suppliers always make the delayed delivery.

Inventory 88

Inventory Inventory control Management Supply Chain Efficiency 88

Procurement Software

OCTOBER 3, 2023

Q uality problem s The same can be said for quality issues. A more strategic supplier relationship usually results in more collaboration and time invested into Supplier Quality Management (SQM) in general. A transactional relationship based just on orders and invoices will usually lead to more quality issues.

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Supply Chain Opz

MARCH 26, 2015

8) Go beyond unit cost In supplier selection/negotiation process, the first priority for most buyers is to find cheap suppliers (and other selection criteria are usually ignored). This approach will help you to determine if S&OP meeting help to improve accuracy or not. And you know well, cheap suppliers always make the delayed delivery.

Inventory 63

Inventory Inventory control Management Supply Chain Efficiency 63

TYA Suite

MAY 14, 2023

You should take a step back and examine how sourcing works in your company if you don't currently have a procurement management strategy in place or if it hasn't been updated in a while. Keeping track of and approving purchase requests Establishing a three-way match and quality management Do not be misled; this is not a quick process.

Procurement 52

Procurement Real-time Visibility Purchase orders Purchasing 52

Procurement Software

JULY 9, 2024

These platforms provide a unified interface for order management, performance tracking, and dispute resolution. Quality Control Mechanisms Quality management systems (QMS) enforce stringent quality checks and compliance standards at various stages of the procurement process.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Procurement Software

JULY 4, 2023

RPA will over time take away a lot of the need for operational buyers and purchase admin roles. Also useful from a quality management perspective. We often refer to this as “purchasing”, to distinguish it from the more strategic activities that we see as our core role.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Supplier evaluation is situational.

Suppliers 65

Suppliers Management Quality Import 65

Procurement Software

FEBRUARY 2, 2025

The economic buyer in this case is undoubtedly going to be the CFO. Example: Supplier Relationship Management (SRM) SRM solutions will plug into an orchestration layer. Vendor Master Data, Contract Management and supplier onboarding tools will also plug in to SRM solutions.

supply chain software solutions 52

supply chain software solutions Procurement Contract Procurement team 52