Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. We’re responsible for the supplier management and then supporting the business in contract management as well. We’re a point of escalation, for dealing with issues and supporting through the exit of contracts.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Jaggaer

OCTOBER 24, 2024

In the absence of communication, even the best suppliers can only deliver marginal value at best. For optimal effectiveness, supplier selection, contract management , and supplier development must be supported by consistent, streamlined, and transparent collaboration. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

The Good Spending

SEPTEMBER 2, 2023

The added value here is multifaceted – a single supplier responsible for the entire process and able to optimize it, a single contract instead of several contracts (equipment supply and warranty support, purchase of consumables, maintenance), avoidance of storage costs and working time of own staff, etc.

Sourcing 59

Sourcing Procurement Category management Demand Planning 59

Una

AUGUST 2, 2022

Contract monitoring. AI is also getting better at reading unstructured documents including supplier contracts, with one study revealing that AI read a contract in 26 seconds while human lawyers took 92 minutes. Contact our team of Sourcing Advisors to learn more. Una’s team of Sourcing Advisors is here to help.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

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. Scope : Procurement spans the entire process from identifying requirements to contract closure. Purchasing is more transactional and tactical.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

SEPTEMBER 6, 2022

Eliminating waste; for example by reducing lengthy sourcing times. Some of the benefits of leveraging lean procurement include: Reduce time-to-source. Lean sourcing methodologies can compress months-long RFP processes into less than a week by replacing complex RFP processes with one-day design-style workshops. . Get in Touch.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

Spend Matters

AUGUST 15, 2024

Bad Practice 3: Replacing over-reliance on legacy tech vendors with a resilient approach Supply chain managers recognize dual sourcing for critical materials and parts as an essential resiliency practice. This dependency also fosters complacency among legacy tech vendors, hindering innovation and regular updates.

supply chain software solutions 121

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 121

Jaggaer

APRIL 9, 2025

Supply chain processes include procurement from source to pay, together with inbound logistics, production, quality control, outbound logistics and post-sales service. If any link in the chain becomes broken, disjointed, or inefficient, the business becomes less likely to keep up with customer demand.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Planning ensures that resources are allocated effectively and that production and distribution meet customer demand.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

SCMDOJO

SEPTEMBER 7, 2024

Moreover, warehouses serve as critical points of consolidation and distribution, where goods from various sources are aggregated and then dispatched to various destinations, including retail outlets, e-commerce fulfillment centers, or directly to consumers. They provide a customized solution tailored to the client’s specific needs.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Order Fulfillment supply chain budgeting 98

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Procurement Specialist/Buyer Source and acquire materials or products needed for production.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

IBM Supply Chain Blog

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

SCMDOJO

NOVEMBER 17, 2023

Inventory Management & Optimization: Managing inventory as working capital, focusing on demand planning, optimization, safety stock management, and meeting customer service expectations. As an indispensable function significantly influencing a society’s standard of living, logistics skills are complex but essential.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 98

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. These analytics can also help identify known risks and predict future risks by spotting patterns and trends throughout the supply chain, increasing planning accuracy, and better predicting future demand.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Supply Chain Opz

JULY 7, 2013

For example, if you were a contract manufacturer in China, you might already have different logistics networks for different customers. Each customer in US or EU might already control the source of raw materials, ask you to provide dedicated production lines, nominate 3pl companies and air/sea carriers.

Supply chain management 102

Supply chain management Supply chain management Supply chain Management 102

World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Sourcing : Choosing suppliers that provide the goods and services needed to create the product. What Is Supply Chain Management?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Sourcing : Choosing suppliers that provide the goods and services needed to create the product. What Is Supply Chain Management?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. To coordinate, contracts can be made with direct links in the supply chain, but how can organizations coordinate with the suppliers’ suppliers or the customers’ customers?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. They come from a variety of backgrounds. Hire any of them as your supply chain consultant and see the difference! You can Hire Matias or start a conversation from here

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Supply Chain Game Changer

MARCH 23, 2021

Most of these tasks occur below the surface, that is beyond the visibility of anyone not otherwise aware of what is involved. That is these tasks are the 90% of the iceberg that most can not see. Warehouse Order Fulfillment.

Supply Chain Efficiency 79

Supply Chain Efficiency Supply chain Real-time Visibility Supply 79

The Good Spending

AUGUST 16, 2022

Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. My Udemy course "Procurement Lab" My Udemy course "Foundations of Contracts and Outsourcing."

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization supply chain budgeting 52

The Procuretech Podcast

FEBRUARY 22, 2022

On this week's show we're digging into the world of direct materials sourcing. It's a part of the digital procurement landscape that's been a bit neglected, except for e-sourcing tools, and my guest this week decided to do something about this. Demand planning. Why go with an all-in-one solution rather than best-of-breed?

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Supply chain Innovation 40

Empowering CPO

JUNE 26, 2023

Procurement data encompasses a wide range of information, including historical spend, transaction details, contracts, supplier information, and market intelligence. By analyzing historical spend patterns and supplier performance, organizations can negotiate better contracts, consolidate suppliers, and implement strategic sourcing initiatives.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Empowering CPO

JUNE 20, 2023

It’s a strategic pillar that underpins effective procurement and sourcing, providing an insightful lens through which organizations can view their spending patterns. Spend analysis plays a vital role in procurement and strategic sourcing. Strategic Focus High, as it directly impacts the company’s core offerings.

Supplier consolidation 40

Supplier consolidation Negotiation Suppliers Spend management 40

Empowering CPO

JUNE 27, 2023

With this knowledge, organizations can foster stronger relationships, negotiate favorable contracts, and collaborate more effectively with suppliers to drive innovation and continuous improvement. The first component involves collecting data from various sources, such as procurement systems, invoices, contracts, and financial records.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

The Procuretech Podcast

OCTOBER 3, 2022

SCM Dojo has different teaching pathways here: A supply chain manager pathway, a logistics manager, a demand planning pathway, etc. . People see SCM Dojo as a knowledge platform, not a solutions platform. But the tagline is knowledge and solution. And that's where the other two spheres come in.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Supply Chain Game Changer

JULY 31, 2019

In fact, we recently brought on a new Cannabis client who’s scaling up a strategic sourcing operation in all of their Procurement, so that all their spend is captured and accounted for as they grow, rather than after. But if you don’t have any of that expertise, you’ll get zero.

Supply Chain Efficiency 88

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 88

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

Finale Inventory

FEBRUARY 6, 2025

Inventory forecasting or demand planning uses historical data and ongoing trends to predict your inventory needs. You might also incorporate known events such as upcoming holidays or sales to predict demand. In general, the more data sources you can account for, the more accurate your forecasts will be.

Inventory 52

Inventory Demand Raw materials Inventory control 52