Strategic Sourceror

JANUARY 20, 2023

One report from the U.S. International Trade Commission near the start of the pandemic found that among 203 medical product categories analyzed, China is the dominant source of imports for 32 of them. While the degree of dependency is sometimes exaggerated by pundits and commentators, U.S. Brought to you by the StrategicSourceror.

Supply 62

Supply Strategic sourcing Strategic sourcing Suppliers 62

Strategic Sourceror

OCTOBER 31, 2022

As reported by Supply Chain Dive, citrus farmers throughout western Florida are assessing the damage done to their property in the wake of Hurricane Ian. Ian was a Category 4 in terms of intensity and produced sustained winds clocked at approximately 150 miles per hour. million tons. Brought to you by the StrategicSourceror.

Price 62

Price Strategic sourcing Strategic sourcing Sustainability 62

IBM Supply Chain Blog

APRIL 14, 2023

By leveraging this technology, they developed custom budget models for sales performance, human resources planning, operating expenses, and a complete profit and loss statement. Additionally, dashboards and reports were crafted based on the budget models and conducted variance analysis for specific areas.

Raw materials 73

Raw materials Budget Data Management 73

Strategic Sourceror

NOVEMBER 30, 2022

In January, for instance, there were 109 container ships waiting to offload their deliveries at Los Angeles, the Journal reported, citing Marine Exchange of Southern California data. In November, there were only six ships waiting. A looming work stoppage for rail workers could cause supply chain problems.

Retail Supply Chain 62

Retail Supply Chain Supply Chain Efficiency Supply chain Supply 62

Strategic Sourceror

JANUARY 12, 2023

An industry that's in the former category is manufacturing, as a new report shows the overwhelming majority of employers in the sector are experiencing a workforce shortage. "Companies continue to have workforce issues," Moutray explained, as reported by Supply Chain Dive. Brought to you by the StrategicSourceror.

Strategic sourcing 57

Strategic sourcing Strategic sourcing Supply chain Procurement 57

Una

JUNE 22, 2023

With limited resources at their disposal, practitioners are constantly questioning how they will accomplish the tasks on their list, if organizational goals will be met, and how much of an impact they’ll truly be able to make. First and foremost, it allows companies to tap into specialized expertise that may not be available in-house.

Procurement 52

Procurement Purchasing Procurement strategies Procurement team 52

Empowering CPO

JUNE 26, 2023

Overview of EmpoweringCPO and its Expertise in Spend Analysis Services At EmpoweringCPO, we specialize in providing comprehensive spend analysis services tailored specifically for the healthcare industry. These cost pressures necessitate a strategic approach to spending and resource allocation.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 13, 2021

This may be easy in a centralized procurement environment where the category of goods or services is narrow. This may be difficult in a decentralized procurement environment where the category of goods or services is broad. Identifying opportunities for special categories of suppliers (disadvantaged, local, etc.).

Supply market 52

Supply market Bidding Supply Suppliers 52

ivalua

JULY 22, 2020

Also, the guidelines offer a broader definition of outsourcing and bring a special focus on “critical activities”: Outsourced : an authorized entity’s use of a third party to perform activities that which would normally be undertaken by the authorized entity. Most IT and cloud services do. EBA Requirements for outsourced activities.

Risk management 130

Risk management Risk Contract Suppliers 130

Empowering CPO

JUNE 23, 2023

Data Classification: After cleansing, the data is classified into categories based on various parameters such as product or service type, supplier, department, or cost center. Access to Advanced Technology: Spend analysis often requires specialized software to manage and analyze large volumes of data.

Data 52

Data Procurement Purchase orders Suppliers 52

Value Match

JUNE 1, 2022

Categories. National Audit Office Reports. Resourcing. Training Resources. Since then, the United Nations have said there are credible reports of over one million Uyghurs being held in these ‘re-education’ camps in Xinjiang. Best Practice Guides. Bid Management. Case Study. Circular Economy. Community Story.

Supply chain 52

Supply chain Bidding Procurement strategies Procurement 52

Planergy

DECEMBER 12, 2023

How to report and analyze indirect spend to identify savings opportunities. It’s a strategic tool that maps out the allocation of resources over a specified period, typically a school year. It ensures transparency, aids decision-making, and enables schools to allocate resources where needed.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

SCMDOJO

SEPTEMBER 18, 2023

Here is a list of some common procurement synonyms: Sourcing Acquisition Purchasing Buying Procuring Acquiring Obtaining Securing Obtaining Stocking Resourcing Attaining Gaining Fetching Obtaining Now let’s get into the meanings of some of these synonyms for procurement: 1.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

Supply Chain Game Changer

JULY 16, 2020

Enterprise resource planning (ERP) platforms also paved the way for supply chain improvements. Specialized online interfaces let supply chain customers place orders, check stock levels and track shipments. When the first mobile app marketplace launched in 2008, it only presented 500 offerings within the product categories.

supply chain software solutions 124

supply chain software solutions Supply Chain Efficiency Supply chain Supply 124

IBM Supply Chain Blog

NOVEMBER 3, 2022

When your manufacturing plants produce goods, are you minimizing waste and effectively using finite resources? This includes reducing waste and creating efficiencies that lower resource consumption and can also lower costs, with the ultimate objective of preserving conditions to support future generations.

Supply Chain Efficiency 118

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 118

ivalua

NOVEMBER 8, 2019

83% of respondents in a recent survey made by the US Society for Human Resource Management have had trouble recruiting the right candidates over the last 12 months. More and more companies report facing this talent shortage. Among talent providers, we could encounter three main categories. Both phenomena are not exclusive.

Procurement 100

Procurement Strategy Suppliers Management 100

Planergy

SEPTEMBER 8, 2023

How to report and analyze indirect spend to identify savings opportunities. Medication and Specialized Treatments Medication costs include prescription drugs and over-the-counter medicines required to maintain good health. You may also need to pay for medical devices, therapy, or other specialized treatments.

Budget 52

Budget Spend management Management Purchasing 52

IBM Supply Chain Blog

JANUARY 11, 2024

Reduced costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach last year was USD 4.45 Once you’ve identified all your assets, group them into three categories— critical, important and unimportant: Critical: Assets that are required for normal business operations.

Networking 104

Networking Data Risk Import 104

Planergy

FEBRUARY 9, 2023

How to report and analyze indirect spend to identify savings opportunities. Download Free Copy Travel and Expense Policy: What Is It, Example Template, and Best Practices Written by Milos Karadzic 20 min read Expense Management Expense Reporting Process & Procedures Download PDF IN THIS ARTICLE What Is a Travel and Expense Policy?

Purchasing 52

Purchasing Purchase orders Management Budget 52

Procurement Heads

AUGUST 11, 2022

From Hamburg I moved to Amsterdam where the British American Tobacco regional procurement hub was set up, the company was going through a transformation and I was promoted to do the regional procurement management role, being responsible to design procurement implementation strategies for various categories.

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130

Planergy

JANUARY 12, 2023

How to report and analyze indirect spend to identify savings opportunities. This type of supplier also has access to large volumes of resources, so they may be able to deliver goods faster than other tiers of suppliers. Tier 2 suppliers are usually smaller companies specializing in specific supply chain areas.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Supply Chain Efficiency 16

Supply Chain Efficiency Purchase orders Procurement Bidding 16

SCMDOJO

APRIL 15, 2024

Additionally, Amazon’s logistics services include transportation and warehousing solutions, allowing businesses of all sizes to leverage Amazon’s expertise and resources in streamlining their supply chain and improving their delivery capabilities. Function: Whole Foods serves a dual purpose within Amazon’s logistics network.

Logistics 79

Logistics Supply Chain Efficiency Supply Chain Optimization Inventory 79

Empowering CPO

JUNE 20, 2023

We specialize in transforming raw data into meaningful information, allowing businesses to optimize their procurement processes and cut unnecessary expenses. This includes purchase orders, invoices, credit card transactions, expense reports, and supplier contracts, among others. Your data can come from a variety of sources.

Data 40

Data Real-time Visibility Suppliers Sourcing 40

Supply Chain Game Changer

NOVEMBER 26, 2022

Oilfield services market, in general, covers manufacturers, repairers, and maintenance companies specializing in oil extraction and transportation. In this way, hydrocarbon resources can be extracted from the ground. Natural gas and crude oil are the most common resources. From USD 135.1 billion in 2020 to USD 171.7

Supply Chain Efficiency 70

Supply Chain Efficiency Price Quantity Supply Chain Optimization 70

Pipefy

JULY 12, 2023

According to a McKinsey report , “Traditional levers of rule-based automation are augmented with decision-making capabilities thanks to advances in deep learning and cognitive technology.” Traditional BPA platforms have specialized in this for years, connecting people to systems and saving time with human-created automations.

e2e 52

e2e Data Quality Risk 52

Planergy

JANUARY 19, 2023

How to report and analyze indirect spend to identify savings opportunities. In a nutshell, Pareto analysis works by sorting data into two categories: “vital few” (which refers to those items or services that produce most of the value) and “useful many” (which refers to those items or services that produce little value).

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Pipefy

JULY 31, 2023

Bureau of Labor Statistics (BLS) reports that six million Americans quit their jobs in April 2022, a trend now known collectively as the Great Resignation. Furthermore, these maps serve as a constant reminder for companies to focus on employees, especially when it comes to prioritizing resources. One obvious starting point?

Import 52

Import Management Strategy Quality 52

Pipefy

JANUARY 31, 2023

Sensitivity (some purchases may require multiple levels of approval or specialized) approval, such as IT or security). The report also found that of the top five biggest day-to-day pain points experienced by buyers, 29% reported complex approval processes.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Planergy

AUGUST 18, 2022

If you’re still in school and already know that you want a career in finance, there are numerous things you can do to take advantage of university or college resources right now. Portfolio managers, economists, and analysts all fall under the asset management category, where top-notch analytical skills are a must.

Risk 52

Risk Ethics Management Strategy 52

Empowering CPO

JUNE 30, 2023

Understanding Managed Procurement Services At the very core, Managed Procurement Services involves the strategic delegation of procurement activities to a specialized third-party service provider. So, let’s embark on this enlightening journey together. The result? A procurement function that is not just managed, but truly empowered.

Supply Chain Optimization 52

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

Empowering CPO

JUNE 27, 2023

By analyzing and understanding how an organization spends its resources, businesses can identify cost-saving opportunities, enhance supplier relationships, and drive overall efficiency. Within this domain, spend analysis plays a pivotal role in enabling informed decision-making and optimizing procurement processes.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Planergy

JANUARY 26, 2023

How to report and analyze indirect spend to identify savings opportunities. Financial Risks Risks in this category range from an unexpected change in the exchange rate to supplier bankruptcy. What to Do About it Evaluate suppliers based on their practices – paying special attention to any green initiatives they claim to have.

Risk 52

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

Supply Chain Game Changer

NOVEMBER 17, 2018

Simply type in a category you’re interested in and see what people are promoting through ads. Alibaba is a great resource for finding a wholesaler that is overseas. The Statement View in your Payments Report shows you when and how much you will get paid. Choose a Seller Category. Be Aware of Category Restrictions.

Export 43

Export Price Real-time Visibility Supply Chain Optimization 43

IBM Supply Chain Blog

JULY 12, 2023

Create a business impact analysis (BIA) report Business impact analysis (BIA) is a crucial step in understanding how the different business functions of an enterprise will respond to unexpected events. One way to do this is to look at how much company revenue is being generated by the business unit at risk.

Networking 40

Networking Risk supply chain budgeting Data 40

Supply Chain Game Changer

NOVEMBER 22, 2018

The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. Several other projects are in the works because of the great potential that exists in many categories. Another $1.5 because of the cost.

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Pipefy

JUNE 15, 2023

Most cloud procurement solutions also have built-in reporting features that allow users to obtain valuable insights into processes at the click of a button. The reports should be easy to interpret, so they can aid in strategic decision-making and contingency planning.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52