Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain. However, what is it?

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

Procurement Tactics

SEPTEMBER 14, 2022

Or receive our famous weekly newsletter. These activities range from the supply of raw materials to the distribution and the management of the lifecycle of products. . When you go out of a building, it is most likely that the trucks you are seeing use diesel as a fuel source since it is the most affordable option.

Sustainability 178

Sustainability Logistics Raw materials Supply Chain Efficiency 178

Procurement Tactics

JANUARY 8, 2023

Or receive our famous weekly newsletter. Spend analysis enables businesses to assess procurement spending data from internal and external data sources. Responsible sourcing – Establishing trust and transparency in the value chain. Or receive our famous weekly newsletter. Use of materials.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Procurement Tactics

NOVEMBER 27, 2022

Or receive our famous weekly newsletter. Companies that incorporate green purchasing in their procurement process consider where to source for raw materials, production, manufacturing, packaging, distribution, reusing, maintenance, and disposal of a product. . Or receive our famous weekly newsletter.

Procurement 191

Procurement Sustainability Purchasing Raw materials 191

Procurement Tactics

OCTOBER 27, 2022

Or receive our famous weekly newsletter. Or receive our famous weekly newsletter. Trucking is the primary source of container transport once it has been unloaded at a port. When raw materials and products do not move, business operations will suffer as they cannot enter the inventory process and be sold to customers. .

Logistics 193

Logistics Supply Chain Efficiency Raw materials Demand 193

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically. However, What is it?

supply chain budgeting 192

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

Procurement Tactics

SEPTEMBER 19, 2022

Or receive our famous weekly newsletter. Commonly, sustainability initiatives include identifying the source of raw materials, ensuring a safe workplace for employees, and reducing carbon emissions. . Of course, these sourced materials or services have less impact on the environment. . First Name.

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

Procurement Tactics

APRIL 3, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain.

Sustainability 183

Sustainability Procurement Supply Chain Efficiency Procurement strategies 183

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Procurement Tactics

JULY 13, 2022

Or receive our famous weekly newsletter. E-sourcing has also become a thing to make transactions faster and easier. . In the private sector, it is seen as helping to streamline the processes, reduce the costs of raw materials, and identify better sources of supplies. . 33 Procurement Interview Questions in 2022.

Procurement 130

Procurement supply chain budgeting Negotiation Contract 130

Procurement Tactics

AUGUST 15, 2022

Or receive our famous weekly newsletter. The supply plan involves sourcing or procuring raw materials, components, and other materials needed for production. Even the best plans require tactical adjustments such as changing sourcing strategy and raising costs due to tariff hikes. First Name. Supply Planning.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

Una

MARCH 1, 2023

What is the one thing that robs practitioners (or as we like to call them, Sourcing Heroes), of their powers, hamstringing their ability to drive change, solve challenges, and do good? The cost of utilities is going up and raw materials may be harder to come by in the months ahead. Inflation remains high at 6.4%

Raw materials 97

Raw materials Purchasing Procurement Sourcing 97

Procurement Tactics

SEPTEMBER 22, 2022

Or receive our famous weekly newsletter. IKEA sources almost half of its wood from sustainable forests which is also the same for its cotton suppliers. When you visit an IKEA store, you will already see its commitment to sustainability as they source clean energy from solar technologies. First Name. Download Free Whitepaper ?.

Sustainability 130

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 130

Una

OCTOBER 12, 2023

Defining the terms Onshoring Onshoring, also known as reshoring, refers to the practice of bringing business operations or sourcing back to the home country. Avoiding a one-size-fits-all approach, it aims to identify the “right” location or mix of locations for sourcing based on factors like cost, quality, lead times, and risk mitigation.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Procurement Tactics

DECEMBER 26, 2022

Or receive our famous weekly newsletter. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2023. Download Whitepaper →. .

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Procurement Tactics

SEPTEMBER 16, 2022

Or receive our famous weekly newsletter. Reduction of usage of hazardous raw materials. This course is a perfect fit for ambitious procurement & sourcing professionals. 33 Procurement Interview Questions in 2022. First Name. Download Free Whitepaper ?. Sustainable Procurement Policy — The Ultimate Guide. LEARN MORE.

Sustainability 130

Sustainability Procurement Supply Chain Efficiency Purchasing 130

Procurement Tactics

AUGUST 9, 2022

Or receive our famous weekly newsletter. Without access to raw materials or services, an organization cannot operate. This course is a perfect fit for ambitious procurement & sourcing professionals. 33 Procurement Interview Questions in 2022. First Name. Download Free PDF. The same is true in the field of procurement.

Vendor relationships 130

Vendor relationships Quality Price Bidding 130

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Procurement Tactics

SEPTEMBER 9, 2022

Or receive our famous weekly newsletter. Supply risk is high when it can be affected by the scarcity of raw materials, government restrictions, natural disasters, disruption in the supply chain, and the low number of suppliers who make the particular product. . 33 Procurement Interview Questions in 2022. First Name. LEARN MORE.

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

Planergy

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. They supply components or assemblies derived from raw materials by Tier 1 suppliers. In the case of the t-shirt company, tier three is the raw material – cotton from a plant farm. Download Free Copy.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Una

AUGUST 8, 2023

Here’s what sporadic sustainability looks like: Occasional sustainable sourcing The procurement team occasionally engages in sustainable sourcing practices but lacks a coherent and long-term strategy. Evaluate suppliers’ environmental impact, labor practices, and commitment to responsible sourcing before making your selection.

Sustainability 52

Sustainability Procurement Procurement team Procurement strategies 52

Una

JUNE 8, 2023

In this article, we explore the factors that make a supplier strategic, touch on the popular Kraljic Matrix, and gain some valuable insights on strategic suppliers from Chandhrika Venkataraman, a former guest on The Sourcing Hero podcast. Contact our team of Sourcing Advisors to get started. You can listen to the full episode here.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Una

APRIL 11, 2023

The ERP “one source” database contains all the information needed to run the business, as well as various modules that correspond to different business functions, such as finance, manufacturing, human resources, customer relationship management, and procurement.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

Planergy

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ultimately, marketing procurement can help organizations improve the efficiency and effectiveness of their marketing efforts, but it’s about more than sourcing strategies and agency relationships. Download Free Copy. Written by.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Supply Chain Game Changer

NOVEMBER 18, 2021

Some of these include liking your content, watching your online videos, subscribing to your monthly newsletter, or signing up. So, even if a business manufacturer and sells products directly to consumers, it’ll require to source raw materials from other companies. Leverage Social Media Marketing .

Supply Chain Optimization 95

Supply Chain Optimization Influencing Raw materials Strategy 95

Procurement Tactics

JULY 20, 2023

Furthermore, the company’s top products such as cement, clinker, concrete, lime, aggregates, and roofing materials are all graded as low-carbon items, formulated with low-emission raw materials. Don’t forget to check their sustainably sourced top products: RapidSet Cement All Bag priced at $59.94

Price 193

Price Suppliers Sustainability Negotiation 193

Planergy

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Only 20% said their organizations use sustainability measures as primary criteria and sourcing decisions and supplier reviews. How to gain visibility and control of your indirect spend. Download Free Copy. Written by. Rob Biedron.

Sustainability 52

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

Procurement Tactics

SEPTEMBER 13, 2022

Or receive our famous weekly newsletter. From raw materials sourcing to production, storage, and delivery, it monitors if these processes may cause harm to the environment and communities. . The reduction in waste by reusing and recycling the materials establishes a balance where input is equivalent to output. .

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Sustainability Agile and Lean Supply Chain 183

Planergy

OCTOBER 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share. How to gain visibility and control of your indirect spend. download a free copy of our guide 3.

Inventory 52

Inventory Supply Chain Efficiency Purchasing supply chain software solutions 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Always have another supplier for any mission-critical raw materials in case there are issues of any kind with your primary suppliers. Source what you can from reclamation centers and use recycling whenever possible.

Risk 52

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

Planergy

AUGUST 16, 2022

Assess Supplier Capabilities When sourcing suppliers for goods and services, it is important to assess their capabilities in order to gain a competitive advantage. If you’re dealing with subpar raw materials, it’s impossible to build a quality product your customers will love. download a free copy of our guide.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Planergy

JULY 18, 2023

Inventory – raw materials, finished goods, and works in progress Accounts receivable, minus allowances for any payments expected to be written off as bad debts. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share. treasury bills, etc.

Import 52

Import supply chain budgeting Inventory Budget 52

Una

MARCH 6, 2023

Innovation” can simply mean finding smarter ways to do things by tweaking a process, removing waste, or speeding up time-to-source. How to innovate: Identify the most manual and time-consuming part of your sourcing cycle, look at the solutions available, automate it , and move on to the next.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Dropshipping Suppliers — Pricing & Reviews The US dropshipping market reached an estimated amount of $15.64 billion during the pandemic and this year, its projected gain is $19.25

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Planergy

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 6 Types Of Procurement Methods There are six commonly used procurement methods used when sourcing and evaluating suppliers for procurement. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Una

NOVEMBER 8, 2023

Furthermore, the rising costs of energy, raw materials, and regulatory compliance have also contributed to the erosion of China’s cost competitiveness. companies realized the importance of supply chain diversification and resilience during the pandemic, leading them to seek alternative manufacturing locations.

Export 52

Export Raw materials Supply chain resilience Supply chain 52