Procurement Leaders

JUNE 13, 2022

was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. As a public funded project, supply chain transparency is critical.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

ivalua

JUNE 16, 2021

Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Such tools help procurement teams predict disruptions, assess risk, and make informed decisions to mitigate the impact of supply chain disruptions. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Skill Dynamics

OCTOBER 19, 2023

Sourcing managers play a vital role in a business’s procurement process by identifying, evaluating, and selecting suppliers. Sourcing managers have other remits, too, such as needing the ability to assess current market trends – together with a comprehensive understanding of supply and demand dynamics.

Supply Chain Optimization 52

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

Supply Chain Game Changer

OCTOBER 14, 2021

Cost-saving initiatives will become paramount, such as investments in TMS platforms, contract negotiation, and strategic load and route planning. Supply and demand are in prolonged imbalance, and will continue to rock out of equilibrium in 2022. Renegotiation of contracts and terms. Increasing demand for supply chain visibility.

Supply Chain Efficiency 76

Supply Chain Efficiency Supply chain Real-time Visibility Supply 76

ivalua

JANUARY 31, 2022

The Criticality of the Supply Chain (and Suppliers). Building and maintaining supply chain resilience will be critical in a post-Covid-19 world. How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? The Best Way Forward for 2022.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

SCMDOJO

APRIL 29, 2024

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement.

Supply chain management 66

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 66

ivalua

JULY 22, 2015

This week’s signs deal with supplier relationships. You Have Imbedded a Cost Management Mindset into Every Supplier Relationship. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers. You Appreciate the Real Impact of a Successful Supplier Diversity Program. alternatives. alternatives.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Game Changer

AUGUST 26, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. Subscribe Here!

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

SCMDOJO

AUGUST 16, 2023

Furthermore, the adoption of cross-docking logistics techniques has enabled Walmart to minimize the need for intermediate storage, leading to reduced handling costs and faster product movement through the supply chain.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

Supply Chain Game Changer

OCTOBER 28, 2021

According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. And, only 15% had visibility into tier 2 or beyond.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

Claritum

MAY 11, 2018

If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. Supply chain visibility is poor. %. So, how do you solve this problem?

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management. Why is it Important to Manage Contracts?

Contract 130

Contract Management Contract management e2e 130

Supply Chain Game Changer

NOVEMBER 26, 2018

Supply chain visibility is also incredibly important these days. If you are managing, or hope to manage, a reasonably effective supply chain you need to know when goods are coming in to your company, moving through your company, and leaving your company. Supplier Management. Organization.

Strategy 68

Strategy Management Real-time Visibility e2e 68

SCMDOJO

JUNE 14, 2023

Nike also uses a 3PL integration orchestration solution to integrate and orchestrate its 3PLs, suppliers, manufacturers, distributors, and retailers network. It also helps Nike to improve its supply chain visibility and agility and reduce its environmental impact. Look for key features in an orchestration solution.

Supply Chain Efficiency 77

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 77

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

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

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Common Contract Types: Lump Sum Contracts: Set fee for all work completed.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Common Contract Types: Lump Sum Contracts: Set fee for all work completed.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

Supply Chain Opz

JULY 7, 2014

In order to reduce overall costs, Volkswagen outsources many components from suppliers in India. They don''t invest in production facility at all because they utilize a network of nearly 700 suppliers located in Asia and Europe. 2) Franchising Coca-Cola creates a global supply chain through a franchising model.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Supply Chain Opz

OCTOBER 14, 2013

In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility.

Supply Chain Visibility 98

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 98

Claritum

JULY 5, 2018

I’ve negotiated some preferred supplier contracts, but they struggle to gain adoption. Different business units buy the same product from different suppliers at different prices. True supply chain visibility means delivering real time information to upstream customers and downstream suppliers.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

Supply Chain Opz

OCTOBER 14, 2013

In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility.

Supply Chain Visibility 55

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 55

ivalua

JANUARY 24, 2022

Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. Timeliness is also important.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Procurement Software

MARCH 5, 2024

Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains.

Real-time Visibility 52

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

The Good Spending

JUNE 15, 2022

The new supplier selection will be based on POC or prototypes, where the technical evaluation will prevail over price. Therefore, negotiations will be the most suitable mode of supplier selection. We assume these are commoditized products or services with high competition and low urgency, as a supplier(s) already exist.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. It seems that the era of best-in-class supply chain solutions has arrived. The post ERP vs.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Insights

AUGUST 30, 2023

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.”

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurify

JUNE 8, 2022

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. . Last PO issue date

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Real-time Visibility 52

Una

OCTOBER 17, 2023

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. These group purchasing organizations often have contracts with a wide range of suppliers, and they offer their member businesses access to these contracts at discounted rates.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Supply Chain Brain

JULY 2, 2018

Just about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. In a typical global supply chain, involving multiple tiers of production, the chances of failure are alarmingly high. QuizRR seeks a minimum of two-year contracts with each factory. “We in new financing.

Supply chain 40

Supply chain Raw materials Supply Collaboration 40

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

SupplyShift

JUNE 19, 2019

Such commitments require robust technological solutions that enable supplier discovery, as well as data collection, at multiple tiers across many categories of data. In theory, blockchain technology has the potential to bring new levels of integrity and reliability to globe-spanning supply chains. Why is that important?

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

SupplyShift

JUNE 19, 2019

Such commitments require robust technological solutions that enable supplier discovery, as well as data collection, at multiple tiers across many categories of data. In theory, blockchain technology has the potential to bring new levels of integrity and reliability to globe-spanning supply chains. Why is that important?

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

Supply Chain Game Changer

NOVEMBER 19, 2018

After a career as CEO, COO, President and Division Head of leading supply chain, manufacturing support, and after-market service organizations, he helps companies assess what they have, determine what they need, and decide what to do. IBM and Dell were the big dogs in town and we became suppliers to them both.

Leadership 42

Leadership supply chain software solutions Bill of materials Real-time Visibility 42