This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Fit Score Link : This translates into high Fit Score alignment in areas like cross-functional collaboration, tech interoperability, and strategicsourcing visibility. geopolitical risks), enabling proactive supplier diversification and risk mitigation, as emphasized in Procurement Magazine.
717M funding, Forbes 2024), its ProcureTech narrative is newer and less dominant in global procurement circles compared to the 2025 year of orchestration hype around Zip or GEP (Procurement Magazine, 2024). Why You Missed It: If your focus is on strategicsourcing, supplier collaboration, or niche innovations (e.g.,
Preparing list of eligible suppliers before publishing an RFP or RFI is one of the most important step during execution of strategicsourcing process. Answers to even few of the above questions proves that just relying on these databases and directories is a sure shot method of jeopardizing the strategicsourcing process.
According to an article in the May 2022 issue of CIO Magazine , companies are earmarking more budget money for IT to beef up cyber security, automate processes, and improve customer service experiences. . Here are typical annual IT budget benchmarks per a company’s size: Small business (less than $50 million in revenue): 6.9%.
The rise of big data in various manufacturing and logistics industries, the development of sophisticated ERP systems, and end-to-end Supply Chain visibility has made it a crucial strategic function for companies looking to get an edge in highly-competitive industries like Consumer Goods, Food Production and Pharma. What’s more?
There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategicsourcing concept. However, the overall implementation of strategicsourcing is a bit different between the two companies. Library Prime Storage is the area dedicated for book/magazine.
The evolution of buying & expediting, which was so common early on, to strategicsourcing and supplier relationship management was a significant transformation through the 1990s and beyond. I read multiple magazines and supply chain blogs to keep current. Try to never get stuck in your functional silo.
I read multiple magazines and supply chain blogs to keep current. Supply chain provides a unique opportunity to cultivate broad skills from marketing, strategicsourcing, finance, manufacturing and logistics to enable some of the most coveted skills in any organization. Try to never get stuck in your functional silo.
These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. This process would create both tactical and strategicsources of value. To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders.
"My chickens have not laid an egg since July, and nothing's changed," said one man in a TikTok video, as reported by Evie Magazine. But both professional and amateur chicken farmers have taken to social media and said some of their chickens have gone several months without producing a single one.
In fact just this morning Zycus announced that the worlds largest dairy exporter, New Zealand-based Fonterra has selected Zycus Spend Analysis and StrategicSourcing solutions to help streamline procurement processes and create an enterprise-wide view of spend to identify savings opportunities and improve sourcing performance.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content