Renewcell launches supplier network for its recycled raw material
Supply Chain Dive
JULY 12, 2023
The network includes 47 yarn and textile suppliers that have committed to using Circulose, a material made from recycled fibers.
Should-Cost Model – The Ultimate Guide
Procurement Tactics
JULY 4, 2023
It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings. It enables organizations to effectively negotiate and collaborate with suppliers. The first column shows the raw materials used to make a soda.
Raw materials 
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Trending Sources
Henkel to engage packaging suppliers in bid to lower scope 3 emissions
Supply Chain Dive
APRIL 25, 2024
The parent company behind brands like Dial soaps said about a quarter of its value chain emissions are caused by packaging and raw materials.
Watch: Improving Inbound Logistics Through Supplier Visibility
Supply Chain Brain
JUNE 5, 2023
The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.
Analyst Eye on avoiding the supplier silence treatment – the silent slope
Spend Matters
AUGUST 22, 2023
When price rises for raw materials, such as copper or wheat, are market-driven or are defined by market fluctuations, the procurement professional can be sure their supplier will be on the phone to set expectations of cost increases. Where you have knowledge, you can leverage where you and your supplier can optimize.
Procurement’s New Year resolutions for tackling supplier risk
Spend Matters
JANUARY 2, 2024
After the last few tumultuous years, procurement teams are still facing steep challenges in getting ahead of supplier and supply chain risks. Some organizations have opted to invest in new, more robust supplier and third-party risk management (TPRM) systems, while others are optimizing their existing systems.
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Beginners Guide to Supply Chain Management
World of Procurement blog
APRIL 23, 2024
At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. What Is a Supplier? A supplier provides products or services to another entity in the supply chain. What Is a Vendor?
Beginners Guide to Supply Chain Management
World of Procurement blog
APRIL 23, 2024
At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. What Is a Supplier? A supplier provides products or services to another entity in the supply chain. What Is a Vendor?
Sustainable Supply Chain Analysis — Embracing Sustainability
Procurement Tactics
APRIL 6, 2023
Sustainability in the Supply Chain Nowadays, many multinational companies pledge to work only with suppliers that follow environmental and social standards. The complex system of the supply chain can hinder visibility into crucial operational considerations such as the distance of a supplier’s factory and labor conditions.
Imerys selects Ivalua to improve its supplier management processes and support its global purchasing digital transformation roadmap
ivalua
SEPTEMBER 7, 2022
The solution will target all indirect commodities as well as raw materials and equipment. Managing suppliers effectively by identifying potential risks and monitoring their performance is becoming increasingly challenging and, at the same time, critical for businesses in the current economic and geopolitical context.
Purchasing 130
130 
Eric Espinasse interview: ‘The more we depend on a supplier, the closer we need to be to them’
Procurement Leaders
DECEMBER 9, 2022
Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships. We have refocused some of our efforts on making Ferring higher on the priority list of our strategic suppliers. Why are they so important?
Suppliers 147
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Top 10 US Wholesale Jewelry Suppliers
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 Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% Now, it’s time to choose wholesale jewelry suppliers.
Suppliers 146
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Action beats inaction every time: Using supplier collaboration to reduce Scope 3 emissions
Spend Matters
DECEMBER 15, 2022
Categories: Sponsored Article , Supplier Management , Sustainability Tags: EU , Sponsored Article Scope 3 emissions — all the indirect emissions that a company generates over the course of its operations, from raw material extraction down to end consumer and disposal — are comfortably the biggest source of emissions for virtually any business.
Automakers race to build EV battery supply chains in North America
Supply Chain Dive
SEPTEMBER 2, 2022
Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.
Raw materials 142
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Purchase Price Variance — Everything You Should Know
Procurement Tactics
JUNE 7, 2023
Purchase price variance (PPV) is a measure of the difference between the actual cost paid for a product or raw material and the standard cost that was expected to be paid. Successful Negotiations Positive PPV may be the result of effective negotiation between the purchasing team and suppliers. Why is it important?
Price 130
130 
Top Suppliers on Thomasnet.com for April 2023
The Thomas Blog
APRIL 13, 2023
Let's celebrate the following ten companies as the leading suppliers last month on Thomasnet.com ® : 1. Serving the aerospace and defense, high tech, and commercial sectors, SAE Manufacturing Specialties offers raw materials including chemicals, materials, pyrotechnics, and components and systems for aerospace and ordinance applications.
Suppliers 98
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Sustainable Environment — Embracing Sustainability
Procurement Tactics
APRIL 13, 2023
To do this, you can challenge your suppliers to minimize their greenhouse gas emissions in their production process, use energy-efficient machines, lessen their transport movements, and use sustainable energy. For example, you can use bio-based raw materials which replace fossil raw materials that have a huge negative effect on the planet.
Sustainability 195
195 
How To Achieve Maximum Value With Supplier Relationship Management
Skill Dynamics
FEBRUARY 6, 2024
Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. Strategy development considers how best to communicate with the chosen suppliers around specific needs and solutions.
Global Concrete Product Suppliers – Industry Outlook, Facts and Figures, Trends, Pricing, and Reviews
Procurement Tactics
JULY 20, 2023
5 Best Global Concrete Product Suppliers Study Procurement Study Negotiations 1. Holcim [link] With a softer demand in concrete building materials for 2 consecutive years due to the pandemic and inflation, Holcim thrives and still holds its top spot as the leading manufacturer and supplier of concrete products.
Price 193
193 
How climate change disrupts supply chains
Strategic Sourceror
JANUARY 20, 2023
However, climate change poses a more fundamental threat to global supply chains, as extreme weather events, sea-level rise, unpredictable weather patterns and new compliance regulations all conspire to restrict the ability of suppliers to move goods between markets. Flooding could severely impact the resiliency of global supply chains.
Supply chain 142
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Finance Hacks: How to Reduce Supply Chain Costs
Procurement Tactics
NOVEMBER 8, 2022
It focuses on optimizing processes from raw materials to the final products. Plus, it changes how businesses outsource their raw materials, which can now be done online. It dictates the raw materials you will need to procure, as well as the level of production. Ultimate Supplier Plotting Checklist 2022.
Shortages cost Sally Beauty $15M in lost sales
Supply Chain Dive
AUGUST 18, 2022
The beauty supplier is working to enhance vendor relations to get ahead of raw material constraints.
Raw materials 110
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ChAI: Vendor Analysis — Market intelligence solution overview, competitors, user considerations, analyst summary
Spend Matters
JANUARY 17, 2024
It helps in effective cost management by enabling better budgeting and negotiation with suppliers. It also contributes to mitigating supply chain risks, fostering transparency in supplier relationships and supporting long-term strategic planning. Understanding the evolution of commodity prices is crucial for procurement professionals.
4 tips that can boost your relationships with suppliers
Strategic Sourceror
MAY 13, 2022
This puts the suppliers that provide you with these necessities in a bit of a predicament — especially when they have other customers who are looking for the same hard-to-find raw materials that you are. This is something tools and hardware manufacturer Stanley Black & Decker has done with its supplier.
Suppliers 52
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Q1 2024 Insider roundup: A deep dive into AI; following procurement tech market movements; updated coverage of 18 vendors
Spend Matters
APRIL 4, 2024
As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management. Supplier management Hellios is a supplier information specialist that manages industry-based communities of buying organizations that want to mutualize their SIM processes and delegate certain activities.
Procurement 84
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Procurement in the Chemical Industry: The Future Is Predictive
Arkestro
JANUARY 18, 2023
Chemical manufacturers turn an array of raw materials—gas, minerals, metals, and more—into countless products used in everyday life. Predictive procurement is the key to securing raw materials at the right price and time. Some raw materials are in short supply, and others are dangerous to extract, transport, and store.
What Makes a Supplier Strategic?
Una
JUNE 8, 2023
What Makes a Supplier Strategic? Explore what makes a supplier strategic, learn why it matters, and how you can get noticed by supplier partners that are critical to your business. What makes a supplier strategic - and why does it matter? Will production or productivity grind to a halt if you suddenly lose that supplier?
Suppliers 52
52 
How Predictive Procurement Solves Challenges in the Food and Beverage Industry
Arkestro
DECEMBER 5, 2022
There have also been widespread and dramatic changes in how companies work with suppliers, causing supplier relationship management to take a front seat. With globalization, raw materials may come from across the globe. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience.
Lene Aabo-Bjerregaard on close communication and collaboration in a crisis
Procurement Leaders
DECEMBER 9, 2022
We are proactively communicating with top management to provide a heads-up in terms of financial target planning and support for action planning – both in terms of macro updates and raw-material price impacts. Finally, we work extremely closely with suppliers to reduce the impact of inflation.
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Retail Supply Chain — Everything You Should Know
Procurement Tactics
NOVEMBER 14, 2022
It encompasses everything from acquiring the raw materials you need to make the product to delivering that product to your customers. . Ultimate Supplier Plotting Checklist 2022. As a procurement manager, I pushed the supply chain team to always be in the lead of supplier escalation in case our standards were not met.
Supply Chain Network Design — Everything About Supply Chain
Procurement Tactics
JUNE 8, 2023
If you want to determine the source of your products, you will also need data on manufacturing and raw material costs. You have the option to either buy from suppliers or configure your own tool that suits your needs and is cost-efficient. Frequently asked questions + What is supply chain network design? Why is it important?
Enhancing Food Traceability and Purity Through Direct Sourcing
Supply Chain Brain
JANUARY 2, 2022
So why not just cut out those intermediaries and deal directly with the actual supplier of raw materials? Today’s global supply chains are so complex that merely identifying all of the parties involved in getting product to market, especially where there’s the potential for fraud, can be hugely difficult.
New Suppliers on Thomasnet.com for February 2023
The Thomas Blog
FEBRUARY 16, 2023
distributes finished component parts and raw materials for the aerospace, defense, power generation, and medical sectors. It also offers residential and commercial options for its products. Aerospace Alloys, Inc. Headquartered in Bloomfield, CT, Aerospace Alloys, Inc.
Suppliers 97
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The Difference Between Logistics and Supply Chain
NLPA (Next Level Purchasing Association)
APRIL 8, 2024
Understanding Supply Chain Management (SCM) Supply Chain Management (SCM) refers to the broad oversight of the entire flow of goods and services, from the very beginning (raw materials) to the very end (reaching the customer).
What Government Contractors Should Know About the 2022 Recession
Procurement Tactics
NOVEMBER 25, 2022
Recession economies also see a decline in production and manufacturing as a result of more expensive raw materials. . Ultimate Supplier Plotting Checklist 2022. During the Great Recession, 80% of suppliers sustained or increased their income from government business. . in 2021 despite the small decrease in income. .
Raw materials 195
195 
Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3
Planergy
JANUARY 12, 2023
Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. What is Supplier Tiering? The Benefits of Supplier Tiering. What Are Supplier Tiers? Why Do Supplier Tiers Matter? Tier 1 Suppliers.
Suppliers 52
52 
CPO Spotlight: Ketal Patel
Procurement Heads
NOVEMBER 15, 2022
In the first project, we got the list of suppliers down from 14 to four and the spend reduced by 35%, it didn’t take long for them to give us access to more categories, and more areas as they could see the worth straight away, which is the best way of doing it, show the value, it is not just savings, it is streamlining the supplier base as well.
Raw materials 246
246 
Procurement and Sustainability: A Harmonious Partnership for a Greener Future
Procurement Templates
SEPTEMBER 14, 2023
Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation. This involves selecting suppliers and partners who are committed to ethical and eco-friendly practices.
Sustainability 130
130 
3 ways inflation is impacting global supply chains
Strategic Sourceror
JANUARY 20, 2023
Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. Regardless of the possible solutions, inflation is likely to pose several challenges for suppliers and manufacturers throughout 2023 (and beyond).
How to Use Predictive Procurement in Chemical Manufacturing
Arkestro
MAY 16, 2022
Using a huge range of raw materials for production, companies in this industry supply chemicals to virtually every sector. Shipments are global, and so are the sources of raw materials. Some raw materials are in short supply. This result in an incredibly complex and fast-moving web of supplier relationships.
Covalyze: Vendor Analysis — Cost analytics solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
JANUARY 10, 2024
Such technical details are important because they drive prices and are critical elements to match parts against supplier capabilities. Having a tool that allows users to explore and analyze a parts portfolio with such technical dimensions (and more) can help very much with the costing process and identification of opportunities.
5 Reasons for Manufacturing Production Delays!
Supply Chain Game Changer
NOVEMBER 3, 2022
Stockouts are devastating for manufacturers because they cannot produce goods without raw materials. Supplier Delays. Similar to stockouts, supply delays and disruptions leave manufacturers with no raw materials. These processes take a lot of time and can therefore lead to a delay in the manufacturing process.
Raw materials 112
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5 Inventory Management Tips for Manufacturing SMBs!
Supply Chain Game Changer
SEPTEMBER 15, 2021
Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. You can’t manufacture shiny new goods without raw materials, after all.
Inventory 92
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The solar market's overreliance on Chinese polysilicon is a serious problem
Strategic Sourceror
JANUARY 20, 2023
As demand for solar panels continues to increase, manufacturers' overreliance on China-produced polysilicon and other raw materials used in the production of solar panels could put the solar supply chain at serious risk.
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