Spend Matters

MAY 8, 2023

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. These capabilities further extend Coupa’s existing advanced supply chain capabilities (Supply Chain Planning and Design solution).

Spend management 75

Spend management Management Real-time Visibility Collaboration 75

ivalua

SEPTEMBER 3, 2015

Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. But collaboration is not reserved for suppliers.

Collaboration 100

Collaboration Sourcing Suppliers Management 100

ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

Leadership 100

Leadership Suppliers Strategic sourcing Strategic sourcing 100

ivalua

AUGUST 18, 2015

The term “supplier collaboration” can mean many things to many people depending on your functional perspective. Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. Innovating.

Collaboration 173

Collaboration Suppliers Bill of materials Supply Chain Efficiency 173

The Good Spending

APRIL 2, 2023

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. The lion's share of procurement value could be created in the planning stage.

Procurement 98

Procurement Demand Planning Budget Category management 98

Supply Chain Game Changer

JUNE 30, 2022

A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. For a supply chain to run smoothly it needs to be well managed under the right strategy for your business objectives. Demand Planning. Consolidation. Visibility.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

Procurement Tactics

AUGUST 15, 2022

The logical approach for supply chain planning is to look for the result and go back as it often begins with demand planning. . Components of Supply Chain Planning . Demand planning. The chance of producing and stocking sufficient inventory improves when you accurately forecast demand for a product. .

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

Supply Chain Game Changer

NOVEMBER 3, 2022

Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. However, the modern supply chain has become increasingly complex and challenging to manage. Procurement Management.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

Arkestro

APRIL 23, 2024

Resources / Blog / Embracing AI and Predictive Procurement to Overcome Industry Challenges Embracing AI and Predictive Procurement to Overcome Industry Challenges Today’s procurement teams are faced with a host of challenges: Managing more spend with fewer headcount. Enhancing supplier performance. You can unsubscribe at any time.

Procurement 52

Procurement Procurement team Quality Demand Planning 52

ivalua

AUGUST 18, 2015

The term “supplier collaboration” can mean many things to many people depending on your functional perspective. Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. Innovating.

Collaboration 100

Collaboration Suppliers Bill of materials Supply Chain Efficiency 100

EazyStock

JANUARY 17, 2022

In 2022, key supply chain management trends all lean towards building supply chain resilience. We’ve compiled a round-up of the top six supply chain management trends that we think you should take notice of in 2022. Improving Demand Forecasting and Demand Planning. Supplier Diversification.

Supply chain management 52

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

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Improved Customer Satisfaction A structured department is better equipped to handle customer demands.

Supply Chain Optimization 74

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

Supply Chain Game Changer

JANUARY 19, 2022

The supply chain is a significant part of your overall business strategy and inventory management. An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. Improve Your Supplier Relationships. Great suppliers are reliable.

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

Procurement Heads

APRIL 27, 2023

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Stakeholder engagement Supply chain 130

Procurement Heads

APRIL 27, 2023

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Stakeholder engagement Supply chain 130

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. Let’s delve into this emerging concept.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

Supply Chain Collaborator

JUNE 4, 2019

The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Originally designed to support crypto-currency transactions, the blockchain technology has enormous potential for applications managing supply chain activity.

Supply chain management 74

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 74

Supply Chain Game Changer

JULY 30, 2019

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? Freight management combines logistics experience, human resources and knowledge to ensure a smooth coordination between carriers and shippers.”

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Procurement Tactics

MARCH 27, 2023

Effective price forecasting can also help businesses to predict when the price of products increases or decreases may affect customer demand. Forecasting enables companies to have better insights to make robust strategic planning that will ensure that suppliers can meet your demand.

supply chain budgeting 192

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

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. We’re responsible for the supplier management and then supporting the business in contract management as well.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Supply Chain Game Changer

JULY 28, 2021

A career in supply chain management is very attractive, especially because now more and more supply businesses are founded. The supply chain industry needs project managers. A supply chain manager is responsible for handling the services or goods that are produced by a manufacturer until they reach the customer or final consumer.

Supply Chain Efficiency 98

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

Finale Inventory

APRIL 18, 2024

More on that below… Read more : Replenishment Strategies for FBA: Avoid Amazon’s Low Inventory Fees This crucial component is often overlooked among exciting advertising and merchandising options, but ensuring you have enough inventory to meet that ongoing demand is important not just for sales, but to stay in good graces with Amazon.

Inventory 52

Inventory Real-time Visibility Strategy Demand 52

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? This includes product design, planning, execution, monitoring and control.

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

NLPA (Next Level Purchasing Association)

JUNE 23, 2022

In this broader perspective, the process includes executive S&OP, Material Requirements Planning, Master Scheduling, Plant and Supplier Scheduling, Manufacturing Capacity, Outsourcing, Distribution and other detailed planning/coordination (1). Align operational planning with financial planning.

Demand Planning 52

Demand Planning Demand supply chain budgeting Strategic planning 52

NLPA (Next Level Purchasing Association)

MAY 7, 2023

S & O Planning enables organizations to balance supply and demand, improve production rates, reduce lead times, and enhance customer service levels. Are you struggling to keep your business on track toward achieving its goals, strategy, and plans? Why Implement eS&OP?

supply chain budgeting 52

supply chain budgeting Demand Strategic planning Demand Planning 52

Finale Inventory

SEPTEMBER 6, 2023

Demand planning with inventory management software and data reports. For businesses, it means meticulous planning to get ahead of Q4 in order to navigate the whirlwind of sales, promotions, and elevated customer expectations. Q4 Demand Planning is Crucial Inventory demand planning for Q4 isn’t a casual month-long affair.

Demand Planning 52

Demand Planning Inventory Demand Purchasing 52

SCMDOJO

AUGUST 16, 2023

[Read More: Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth ] Walmart’s Supply Chain: Integrated Supply Chain Success Data-Driven Success Factors In the realm of modern supply chain management, data-driven strategies play a pivotal role in enhancing a company’s competitiveness.

Supply Chain Efficiency 74

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

SCMDOJO

APRIL 4, 2023

What is the Difference Between Supply Chain Analytics and Supply Chain Management? When it comes to managing a supply chain, having access to real-time data can be a game-changer. What is the Difference Between Supply Chain Analytics and Supply Chain Management? It is an essential element of supply chain management.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

Arkestro

JANUARY 4, 2023

Procurement has had massive challenges and targets over the past year: Managing inflation. Reducing supplier risk. Companies Will Scale Their Procurement Knowledge Base and Enablement Programs To Attract and Retain A New Profile of Category Management Talent. Ensuring continuity of supply. Reducing spend. Driving sustainability.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

EazyStock

NOVEMBER 18, 2022

NetSuite is the world’s number one cloud business management software suite, and we’re number one when it comes to inventory optimization. We minimize stockouts, improve stock availability and help you manage your suppliers. We’ve taken the time to hire experts from around the stock management world.

Purchase orders 52

Purchase orders Inventory Demand Demand Planning 52

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. We’re responsible for the supplier management and then supporting the business in contract management as well.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

EazyStock

NOVEMBER 18, 2022

NetSuite is the world’s number one cloud business management software suite, and we’re number one when it comes to inventory optimization. We minimise stockouts, improve stock availability and help you manage your suppliers. Managing problems with suppliers and changing lead times. What are the key benefits?

Purchase orders 52

Purchase orders Inventory Demand Demand Planning 52

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Subscribe Here! Email Address.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Una

SEPTEMBER 6, 2022

Procurement process automation can involve anything from automated supplier discovery, payment processing, spend analytics , and contract approval. Taken together, they can give your lean team more time to focus on strategic activities that add value, such as supplier relationship management and long-term planning.

Agile and Lean Supply Chain 98

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

Una

AUGUST 2, 2022

Ivalua/Hackett’s 2022 Procurement Insights and Key Issues report found that laggards are being held back by concerns including fear of failure, access to suppliers, legacy system costs, and teams lacking the skills to leverage digital transformation. Benefits of Cloud-Based Supply Chain Management. Contract monitoring. Self-service.

Procurement 98

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

Procurement Heads

AUGUST 11, 2022

I am an extrovert, so it was very easy for me to picture myself doing those negotiations with suppliers. They were looking for a Global Procurement Transformation Manager to lead one of their pilots and implement a procurement operating model globally. To eliminate discriminatory practices in performance management is key.

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Here are some compelling reasons why diving into supply chain management is a fantastic career choice. Click here to access the course: How to Start a Career in Supply Chain Management? It is the era of digitalization.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70