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.

supply chain budgeting 192

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

Arkestro

DECEMBER 12, 2022

To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue. Predictive Procurement Supports Supply Chain Resilience and Visibility.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Claritum

MAY 11, 2018

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. These include access to cheap raw materials and products, tax breaks and reduced labour costs. Do you have visibility of a global supply chain?

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Skill Dynamics

OCTOBER 19, 2023

Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges. Sourcing managers play a vital role in a business’s procurement process by identifying, evaluating, and selecting suppliers.

Supply Chain Optimization 52

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

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility. What we’ve learned is that if something can go wrong, it will; it’s not a matter of if, but when.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Supply Chain Game Changer

OCTOBER 13, 2021

Businesses that source supplies and raw materials from overseas have had to endure long delays in shipments. Experts believe that future-proofing the supply chain against events like Covid-19 will involve switching to autonomous and digital solutions, such as warehouse robots and delivery drones.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Raw materials Supply 64

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Gartner recommends that companies get involved in product design early to input the material.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Increased supply chain visibility. You can read more about demand forecasting techniques in our article.

supply chain software solutions 52

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

Supply Chain Game Changer

OCTOBER 6, 2020

Many companies were caught flat-footed if any part of their Supply Chain depended on the supply of goods from China, or any other country for that matter. There were calls to domestically source materials, or to establish Parallel Supply Chains. Supply Chain Priorities for the Second Wave.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

Zycus Cognitive Procurement

FEBRUARY 14, 2022

For instance, if a supplier is using unethical sourcing techniques, like employing children, it could speak to what you condone as an organization. For instance, a supplier’s inability to come through with raw materials on the set date, due to local turbulence, may delay or hinder the delivery of your end-product.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management. All while offering risk mitigation derived from various different external data sources.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

EazyStock

MARCH 17, 2021

The other effect that holidays have on the supply chain, however, lies at the other end: manufacturing. Especially for companies sourcing goods from China, Chinese (or Lunar) New Year marks a 2-week (and often longer) holiday for Chinese manufacturers. In this case, supply completely drops off as manufacturers are closed.

Supply Chain Optimization 78

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency supply chain budgeting 78

Supply Chain Opz

JULY 7, 2014

In order to control its supply chain, they use a central warehouse to Germany to receive and ship products to local distribution centers in different countries. 2) Franchising Coca-Cola creates a global supply chain through a franchising model.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Supply Chain Brain

JULY 2, 2018

Most global supply chains are made up of multiple tiers of manufacturing, stretching from production of raw materials to final assembly. Often it’s those deeper levels that are the source of violations or inadequate working conditions. “You don’t change the world in a minute.”

Supply chain 40

Supply chain Raw materials Supply Collaboration 40

Supply Chain Brain

MAY 7, 2018

Among its greatest strengths is the ability to monitor variations in raw-material costs, driven by economic cycles, changes in supplier stability, and tax policies, to name but a few relevant factors. In its current stage of development, A.I. serves as a “co-worker” that augments human decision-making, he says.

Price 40

Price Raw materials Supply Chain Optimization Supply chain 40

Claritum

JULY 5, 2018

The supply chain may contain components of raw materials, manufacturers, wholesalers, distributors, resellers, agents, logistics, retailers and many other entities. Knowledge of part of this chain is not sufficient. Procurement needs to have real time data on the entire supply chain.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36