Procurement Tactics

OCTOBER 27, 2022

Or receive our famous weekly newsletter. Access to transport networks, enhanced systems for processing returns, and physical location are now on the list of every online store to support their international expansion. . Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2022. First Name. First Name.

Logistics 193

Logistics Supply Chain Efficiency Raw materials Demand 193

IBM Supply Chain Blog

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This can lead to can significant improvements in efficiency, accuracy and scalability and enable the organization to operate more effectively.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 62

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Planergy

JANUARY 26, 2023

Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way. Sociopolitical Risks When politics and government change drastically, it has the potential to wreak havoc on your current supply chain.

Risk 52

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

Let's Talk Supply Chain

FEBRUARY 16, 2024

2024 is coming at us fast and the supply chain is front-and-center when it comes to geopolitical tensions and wars plaguing the globe. While wars and conflicts have sparked new supply-chain challenges, the dire need for sustainability and the rise of global warming is still a top priority for businesses.

Logistics 98

Logistics supply chain budgeting Supply Chain Efficiency Supply chain 98

Una

OCTOBER 26, 2023

The same report noted that “transparency around sustainability efforts will help brands and retailers differentiate themselves in the market” – with ESG reporting a key tool in transparency efforts. This includes quantifying environmental impacts, evaluating supply chain risks, and tracking progress towards ESG goals.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Una

NOVEMBER 29, 2023

But with the elves’ help, Santa is able to put his freed-up time to valuable use, with activities such as mapping out the most fuel-efficient route around the globe, analyzing the data on his naughty and nice lists, and spending some quality time with Mrs Claus. Things you can do while a GPO works behind the scenes And what about you?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Una

MAY 23, 2023

She yearned for someone who could bring her cost savings , efficiency , and strategic value. With Group Purchasing by her side, she gained access to a vast network of suppliers , expanding her horizons and diversifying her supply chain. As the romance blossomed, the impact of their union reached far and wide.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Procurement Tactics

AUGUST 30, 2022

Or receive our famous weekly newsletter. Since electronic procurement is an online business platform, it utilized networked systems and web interfaces for supply chain processes and operations. Transparency. 33 Procurement Interview Questions in 2022. First Name. Download Free PDF. Editor's note: Hi there!

Procurement 130

Procurement Supply Chain Efficiency Purchasing Suppliers 130

Procurement Software

APRIL 18, 2023

Increase negotiation efficiency eAuctions are time efficient – usually 20% to 40% faster than conventional negotiation methods. Supply chains across the world have been hit hard with long lead times – increasing on average 207% this year. eAuctions are a great way to remain agile and cost-efficient.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Procurement Tactics

AUGUST 31, 2022

Or receive our famous weekly newsletter. The second option is through a network that connects multiple organizations and suppliers. The network model is typically used today where the growth of utilizing e-invoicing is expected. . Coupa is known for managing any type of goods and services in the supply chain and procurement.

supply chain software solutions 130

supply chain software solutions Procurement supply chain budgeting Supply Chain Efficiency 130

Una

JULY 18, 2023

These tools streamline processes, enhance efficiency, and ensure better collaboration with suppliers and stakeholders. Emphasize collaboration and communication with cross-functional teams to foster efficiency and transparency. Procurement professionals must embrace change, adapt to new technologies, and continually up-skill.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

Una

MAY 23, 2023

She yearned for someone who could bring her cost savings , efficiency , and strategic value. With Group Purchasing by her side, she gained access to a vast network of suppliers , expanding her horizons and diversifying her supply chain. As the romance blossomed, the impact of their union reached far and wide.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

Una

AUGUST 9, 2023

Procurement professionals often find themselves in a similar scenario, striving to expedite their processes to achieve cost savings and efficiency gains without increasing risk. Una can promptly and efficiently comb through your spend categories and identify which ones would benefit most from our collection of pre-negotiated contracts.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supply chain industry.

Procurement 77

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 77

Planergy

JANUARY 12, 2023

As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. One way to ensure that your supply chain runs smoothly is by utilizing supplier tiering. You can manage suppliers by breaking them down into different tiers more efficiently. Evaluating Your Suppliers.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Una

AUGUST 31, 2023

As a GPO, Una can promptly and efficiently comb through your spend categories and identify which ones would benefit most from our collection of pre-negotiated contracts. This can help to lower costs and increase efficiency, which can ultimately reduce the risk of financial loss. Learn more about how to manage risk using a GPO here.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

The Procuretech Podcast

MAY 3, 2022

Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? The other major challenge in ocean freight is change - be that rates, network requirements or ports. Sign up for the Procurement Software Newsletter. Visit ProcurementSoftware.site.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

The Procuretech Podcast

APRIL 26, 2022

Frank talks a bit about the forthcoming supply chain law in Germany, the "Lieferkettengesetz", which comes into force in January 2023. Frank cites three key areas where they are developing or improving: Working with their supplier network to ensure that the platform remains competitive for a UX perspective for sellers to use.

Sourcing 52

Sourcing Procurement team supply chain software solutions Procurement 52

The Procuretech Podcast

JANUARY 25, 2022

If you're having to control and beat down your stakeholders to a large extent to keep them in check, then Florian argues that as a procurement team, you have failed to provide a viable strategy and with it, the means of easily and efficiently procuring goods and services. Sign up for the Procuretech Podcast Newsletter. Stay in touch!

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Procurement team Change management Procurement 40

Let's Talk Supply Chain

APRIL 26, 2023

Over the last few years, a lot has changed in the supply chain industry. Fueled by constant disruptions that peaked during the pandemic and constant news headlines about the latest chain issues, consumers are more informed about supply chain and how it impacts their communities and daily lives.

Agile and Lean Supply Chain 52

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

Planergy

OCTOBER 4, 2022

Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. Businesses can collect structured, semi-structured, and unstructured data from various sources such as cloud computing and storage, mobile apps, Internet of Things (IoT) gadgets, supply chain software, and other sources.

Data 52

Data Import supply chain software solutions Quality 52

Spend Matters

NOVEMBER 2, 2023

Spend Connect’s themes were generally focused on driving more value into SAP’s app stack and business network(s) individually. Similarly, the SAP Business Network Supplier Portal solution is also now embedded within SAP S/4HANA RISE Premium Plus Edition, providing access to key Network capabilities for PO and invoice automation.

Networking 87

Networking Spend management Suppliers Supply Chain Optimization 87

Procurement Tactics

OCTOBER 18, 2022

Or receive our famous weekly newsletter. SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . Additionally, the software may allow add-on solutions for third-party applications or integration with existing network systems. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

JULY 14, 2022

Or receive our famous weekly newsletter. Almost all professionals in supply chain and procurement know that it is part of the huge procurement process. The tendering follows a strict process to promote transparency and fairness among bidders. . 33 Procurement Interview Questions in 2022. First Name. Download Free PDF.

Procurement 130

Procurement Bidding Supply Chain Efficiency Contract 130

Procurement Tactics

SEPTEMBER 15, 2022

Or receive our famous weekly newsletter. However, this kind of purchasing is important, especially in the supply chain. . Once you are done reading this article, you will have a deeper understanding of why companies are adopting sustainability not just in purchasing but also in the supply chain. First Name.

Purchasing 130

Purchasing Sustainability Cost of ownership Supply Chain Efficiency 130

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

MAY 23, 2023

This requires shifting from a defensive strategy, built on detection and response, to a mature security posture that emphasizes operational efficiency, financial performance and competitiveness. “You need total transparency on how your assets, workflows, data flows and users—plus partners in your ecosystem—are functioning.”

Data 98

Data Strategy Demand Risk 98

IBM Supply Chain Blog

JANUARY 26, 2024

Understanding the types of renewable energy sources available can be a key step towards reducing your carbon footprint and for organizations, reducing the environmental impacts of your operations and supply chain. Solar power Solar energy has evolved to be efficient, versatile and resilient.

Sustainability 77

Sustainability Sourcing Supply Chain Optimization Supply Chain Efficiency 77

Supply Chain Collaborator

MAY 10, 2017

Stevie Awards for “Best User Interface” and “Best Online Newsletter” add to the list of Stevies Earned by UltraShipTMS over the last five years. The burgeoning provider of logistics IT solutions also earned a Bronze Stevie Award in the category of “Best Online Newsletter” for its Supply Chain Collaborator Blog Digest.

supply chain software solutions 0

supply chain software solutions Supply Chain Efficiency Logistics Collaboration 0

The Good Spending

AUGUST 23, 2022

Value as the downstream effect of procurement In this post, we explained the differences between the efficiency and effectiveness of public procurement. Procurement must work closely with the supply chain to optimize depreciation exposure to sell or dispose of slow-moving or obsolete inventories.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

The Thomas Blog

AUGUST 24, 2022

More than a million in-market buyers visit Thomasnet.com to source industrial products and services, and find their next supply chain partner. Don’t try to pitch to them, but address the pain points they face in their day-to-day jobs, like troubleshooting, efficiency improvements, common problems, and so on.

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

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

Planergy

NOVEMBER 29, 2022

It’s never a good idea to work with a single partner on anything mission-critical, as it can damage your organization if an issue arises with its supply chain. It can work for basic things like office supplies you don’t often need. Fewer suppliers can make it much easier for companies to manage their supply chains effectively.

Supplier consolidation 52

Supplier consolidation Risk Suppliers supply chain budgeting 52

Planergy

AUGUST 4, 2022

How Will Decentralized Finance Impact Your Industry Decentralized Finance is a financial system powered by a decentralized network of computers as opposed to a single server. The blockchain allows all computers on a network to maintain a copy of historical transactions. Blockchain Technology & Software. Download PDF. What Is DeFi?

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Contract Risk 52

Una

JANUARY 4, 2023

In addition to negotiating discounts, group purchasing organizations may also provide other services such as supply chain management , procurement consulting, and logistics support. Our suppliers treat our members well, and we are able to accomplish our goals faster, more smoothly, and more efficiently.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92