Spend Matters

JULY 21, 2022

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). Procurence’s solution (Meercat) provides customers with rich features to manage their suppliers and their risk, emphasizing supply quality management and project-based procurement.

Market analysis 71

Market analysis Procurement Quality management Supply Chain Optimization 71

Spend Matters

MARCH 18, 2024

AI in CLM, direct sourcing and so on), the upcoming launch of a module dedicated to external workforce management (beyond the current SoW capabilities of the solution) and a GenAI-backed intake module. These include enhancing several existing capabilities (e.g.,

Procurement 91

Procurement Raw materials Sustainability Risk 91

Procurement Software

APRIL 2, 2024

Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface. Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Low Cost e-Sourcing Software Let’s look at e-sourcing software first.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

IBM Supply Chain Blog

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

The Good Spending

APRIL 2, 2023

The business must provide specific requirements for each strategic category - need-by dates, critical technical requirements, quality management provisions, etc. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice." This information is vital for category planning. Demand plan 9.

Procurement 98

Procurement Demand Planning Budget Category management 98

Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. By Hugo Britt | June 29, 2023 Search Search At Una, we lovingly refer to procurement professionals as “sourcing heroes.”

Agile and Lean Supply Chain 52

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

Pipefy

JANUARY 31, 2023

Researchers believe that this early form of procurement — sourcing, negotiating, and trading across long-distance networks — gave early Homo sapiens a competitive edge over their Neanderthal rivals as climate change altered living conditions and eventually led to the extinction of the large animal populations that were commonly hunted for food.

Procurement 59

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 59

ivalua

MAY 28, 2014

In sourcing, successful manufacturers exploit all available information and analytics to make informed, strategic decisions in support of future success. Social: To be effective, it’s critical that sourcing break down the organization’s functional and communication silos. The world around us is becoming digital at an increasing pace.

Innovation 100

Innovation Supply Chain Optimization Supply chain Cost of ownership 100

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. This involves examining and enhancing processes like sourcing, manufacturing, logistics, inventory management, and delivery.

Supply Chain Analytics 110

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

Supply Chain Game Changer

MAY 31, 2022

Any point of single sourcing, or sole sourcing , whether it be materials, parts, resources, systems, processes, suppliers, production or facilities is a single point of failure. needs to establish at least one other facility, separate and apart from the one in Michigan, to also be a source of these products.

Supply chain 123

Supply chain Real-time Visibility Supply Demand 123

Supply Chain Game Changer

JULY 28, 2020

Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. For many their Supply Chain is built on intellectual property and sole sourcing. We believe that you should have a dual sourcing strategy throughout your Supply Chain.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100

Jaggaer

JUNE 23, 2020

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. Once the supply and distribution routes are mapped, clients can begin the sourcing process to dig deeper and understand what each third-party logistics provider can offer. RFQ, Contract, and Risk.

Networking 72

Networking Supply Chain Optimization Supply Supply chain 72

ivalua

FEBRUARY 17, 2021

Sourcing Expert and Purchasing Data Admin at Michelin. significant experience in Communication Networks and Manufacturing, as well as over 10 years of experience in Market Research, Purchasing, Global Contract Deployment and Management, Supplier Relationship Management and Supplier Performance indicators. Janel LONGFELLOW.

Supplier relationship management 26

Supplier relationship management Quality management Contract Purchasing 26

Supply Chain Game Changer

SEPTEMBER 12, 2019

It will also help you keep track of quality control KPIs and trace failed batches back to their source. They can be responsible for FDA and OSHA violations, injuries, quality control failures and, in a worst-case scenario, product recalls. Quality Management – Design in Quality First!

Quality 55

Quality Supply Chain Efficiency supply chain software solutions Supply chain 55

Supply Chain Opz

JANUARY 31, 2016

Background Statistical thinking as in total quality management and six sigma has been around for quite some time. When more diverse sources of data and data volume are available more readily, many businesses find it overwhelming to make sense of these data.

Quality management 40

Quality management Data Quality Risk management 40

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008).

Suppliers 55

Suppliers Management Quality Import 55

Empowering CPO

JUNE 27, 2023

We are committed to assisting our clients in unlocking the full potential of their procurement processes, enabling them to make data-driven decisions, achieve cost savings, and drive strategic sourcing initiatives. Standardize data formats, units of measurement, and naming conventions to ensure consistency across different data sources.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

Procurement Heads

FEBRUARY 16, 2023

For us, this means that on one hand, we have a sourcing team that ensures the core value of procurement is realized. Leveraging technology and outsourced partners, they’re focus is primarily on strategic sourcing and establishing relationships with, stakeholders and suppliers. An evolution we still have to make…

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

Procurement Software

OCTOBER 3, 2023

First, let’s ask a simple question which is notoriously difficult for Procurement Manager to answer. Which source of data would you go to, if you want to obtain an accurate snapshot? Q uality problem s The same can be said for quality issues. If it doesn’t get measured, it typically doesn’t get managed. Do you even know?

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Procurement Heads

APRIL 5, 2023

I sometimes wonder actually, how did I end up here? What are the biggest challenges faced at the moment and how do you think interims can help with those? If you think about the pace that organisations may have grown by acquisition there are often gaps in people, processes and technology.

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

Procurement Heads

APRIL 5, 2023

I sometimes wonder actually, how did I end up here? What are the biggest challenges faced at the moment and how do you think interims can help with those? If you think about the pace that organisations may have grown by acquisition there are often gaps in people, processes and technology.

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

Jaggaer

JULY 2, 2020

Negotiating is an important part of any relationship, including those with stakeholders and adjacent functions like logistics, research and development, and quality management. . It’s often said that the most challenging negotiations are not the ones with suppliers, but rather the internal ones. Be Prepared!

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

Supply Chain Game Changer

MARCH 12, 2020

Outsourcing Sourcing! It seems that every time there is a Management change in an organization there is movement to change the existing organization structure. In some cases your Function or company is decentralized and new management wants to centralize everything. Subscribe Here! Email Address.

Negotiation 53

Negotiation Supply chain Influencing Suppliers 53

Supply Chain Trend

MAY 17, 2022

This role will shift to having a more architectural overview about what internal and external data sources impact the plan and how they are integrated. The decision role will cover decision preparation, facilitation, quality management and execution feedback. Automation role : This is a new planning role that will emerge.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

Supply Chain Game Changer

MARCH 9, 2021

Suppliers for all materials and services have to be found, vetted, negotiated with, qualified, ramped up, tracked, managed, kept competitive and governed. Cash is king and cash flow management is the source of life, or the cause of death, of any company. That is the purview of Procurement.

supply chain software solutions 90

supply chain software solutions Supply Chain Optimization Supply chain Supply 90

Supply Chain Game Changer

MAY 18, 2021

Earth is our only habitable planet.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply Real-time Visibility 64

Planergy

AUGUST 16, 2022

It can be used to improve the quality and performance of an organization’s supplier base, as well as to identify and assess potential new suppliers. Assess Supplier Capabilities When sourcing suppliers for goods and services, it is important to assess their capabilities in order to gain a competitive advantage.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Outsourcing Sourcing! It seems that every time there is a Management change in an organization there is movement to change the existing organization structure. In some cases your Function or company is decentralized and new management wants to centralize everything. Subscribe Here! Email Address.

Negotiation 44

Negotiation Supply chain Influencing Suppliers 44

Supply Chain Game Changer

JANUARY 30, 2019

During sourcing projects, compliance is a valued attribute from the side of a supplier. Here are some of the sustainability areas you can begin to assess: Human Rights Worker Conditions Geopolitical Stability Child Labor Labor Rights Health and Safety Anti-Corruption Business Ethics Environmental Impact (CO2) Quality Management.

Procurement team 56

Procurement team Procurement Sustainability Suppliers 56

Supply Chain Opz

JUNE 23, 2014

4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case? 6) Obtain reasons for forecast adjustment A sales team tend to make a forecast adjustment without adequate market information.

Inventory 88

Inventory Inventory control Management Supply Chain Efficiency 88

Supply Chain Game Changer

MAY 7, 2019

A Tale of Two Companies: Different Quality Management Starting Points! Supply chain complexities from sourcing to qualification and execution and need for development of ethical supply chain along the way have all offered interesting and learning experiences. Quality Management – Design in Quality First!

Quality 8

Quality Leadership Agile and Lean Supply Chain Supply chain 8

Skill Dynamics

FEBRUARY 6, 2024

Ikea sources close to half of the wood used in its products from sustainable forests, regulates the use of pesticides and chemical fertilizers amongst its suppliers and opts for suppliers that minimize water pollution through more organic farming practices.

Supply Chain Efficiency 59

Supply Chain Efficiency Supply Chain Optimization Sustainability Supply chain 59

Supply Chain Opz

MARCH 26, 2015

4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case? 6) Obtain reasons for forecast adjustment A sales team tend to make a forecast adjustment without adequate market information.

Inventory 63

Inventory Inventory control Management Supply Chain Efficiency 63

SCMDOJO

FEBRUARY 19, 2024

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. Hoerl, R.W., Lean Six Sigma provides the methodology to make it happen.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 75

Empowering CPO

JUNE 27, 2023

By analyzing spending patterns across categories, departments, and suppliers, businesses can uncover areas of inefficiency, prioritize strategic sourcing initiatives, negotiate favorable contracts, and ultimately enhance their bottom line. We provide actionable recommendations to optimize procurement spend and drive bottom-line savings.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Moreover, products can be shipped to stores in-time then lost sales is minimal.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

SCMDOJO

MAY 10, 2023

Poor quality master data can lead to errors, delays, and inconsistencies, which can have serious implications for an organization’s bottom line. In the era of data proliferation, master data management has emerged as a pivotal element in ERP implementations and consolidations. – Create a data catalogue.

Quality 122

Quality Data Supply Chain Optimization Supply Chain Efficiency 122