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.

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

Spend Matters

SEPTEMBER 26, 2023

Bertrand agrees the rationale for supply management has become even more obvious, but he thinks that despite this not enough attention has been paid to it yet: “One could argue procurement has been heavily focused on supplier management, on ensuring they work with the most appropriate suppliers.

Purchasing 90

Purchasing Supply management Management Supply Chain Efficiency 90

SCMDOJO

JANUARY 30, 2023

During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations. In 1998, he joined Apple as Senior Vice President for Worldwide Operations.

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 118

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

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Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 63

Strategic Sourceror

FEBRUARY 3, 2023

Some of the key advantages that visibility solutions bring include: Less risk According to McKinsey, organizations that have implemented digital dashboards for their supply chain visibility needs were twice as likely to have avoided the supply chain issues that plagued the industry in the early months of 2022.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

SupplyShift

JUNE 17, 2021

But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. Often, these sustainability goals center on a company’s internal operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sustainability Supply 52

SupplyShift

JUNE 17, 2021

But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. Often, these sustainability goals center on a company’s internal operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sustainability Supply 52

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. When Covid-19 hit, supply chains across the globe nearly came to a halt. Procurement Teams Step-up.

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Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

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. Now that we understand the why of supply chain mapping, let’s move on to the how.

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. Now that we understand the why of supply chain mapping, let’s move on to the how.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

Procurement Software

MAY 9, 2022

All the while, Procurement and Sourcing teams have been left to fend for themselves, and forge their own way forward, with homegrown solutions. Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

All the while, Procurement and Sourcing teams have been left to fend for themselves, and forge their own way forward, with homegrown solutions. Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 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. You will gain more supply chain visibility by connecting your ERP system to demand forecasting and inventory optimization software.

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. Sustainability. The circular economy can help with sustainability and saving money.

supply chain software solutions 52

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

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SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. It is an incredibly powerful, versatile tool that I’ve used for everything from finance to carbon modelling.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. It is an incredibly powerful, versatile tool that I’ve used for everything from finance to carbon modelling.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Opz

JULY 7, 2014

Under this program, they source products directly from small or medium-sized farmers. From practitioner''s perspective , global supply chain means something ranging from security issues , supply chain visibility or sustainability.

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Supply chain Raw materials Supply Supply chain management 49

Supply Chain Game Changer

AUGUST 6, 2020

Relevant data is collected from different sources, like – Enterprise Resource Planning (ERP) system, sensors, machine generated, social media and external web services. Visibility & Exception Interface. GPS visualization for supply-demand are the core for this AS-IS interface. To-Be (Standard) Modelling Interface.

Supply Chain Optimization 78

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

Claritum

JULY 5, 2018

True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. Providing at any point in time, a top level view of KPIs, yet at the same time to be able to drill down to a specific item within any one of the many supply chain domains. 5 Conclusion.

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

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . Sustainable master data management and governance: As much as 55% of projects fail due to data management issues. Demand planning capabilities.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

SupplyShift

JUNE 19, 2019

Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business.

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

SupplyShift

JUNE 19, 2019

Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business.

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

ivalua

JANUARY 24, 2022

During this session, the panel answered questions surrounding data as a driver of sustainable value, continuity, and transparency and how data can fuel digital transformation. . Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges.

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Data Real-time Visibility Procurement Supply Chain Efficiency 130

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.

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

SupplyShift

DECEMBER 18, 2018

As you enjoy your favorite holiday drinks this season, it should warm more than your belly to know that the coffee industry as a whole — including major players like Starbucks, McDonald’s, and Dunkin’ Donuts — is making good on an ambitious commitment to make coffee the world’s first sustainable agricultural product. The C.A.F.E.

Supply chain 52

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Supply Chain Brain

MAY 22, 2018

And that does not include the people who work along the meat supply chain: the slaughterers, packagers, retailers and chefs. What are the economics of meat? Food and farming is one of the biggest economic sectors in the world.

Supply Chain Optimization 40

Supply Chain Optimization Supply chain Supply Supply Chain Visibility 40

SupplyShift

DECEMBER 18, 2018

As you enjoy your favorite holiday drinks this season, it should warm more than your belly to know that the coffee industry as a whole — including major players like Starbucks, McDonald’s, and Dunkin’ Donuts — is making good on an ambitious commitment to make coffee the world’s first sustainable agricultural product. The C.A.F.E.

Supply chain 40

Supply chain Sustainability Supply Supply Chain Visibility 40

Claritum

FEBRUARY 4, 2020

Bespoke requirements - key sourcing issues. Sourcing Bespoke requirements the right way. Sourcing of bespoke requirements needs to be managed effectively within an Organisation. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

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Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex. Commit to the long game.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Claritum

FEBRUARY 4, 2020

Sourcing of bespoke requirements needs to be managed effectively within an Organisation. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality. Inefficiently sourcing bespoke goods and services can waste a lot of time and energy.

Purchasing 32

Purchasing Supply Chain Efficiency Sourcing Suppliers 32

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Supply Chain Brain

MAY 21, 2018

Chief executive officer Leonardo Bonanni was instrumental in designing the latest version of the Higg Index , a tool for allowing brands, retailers and manufacturers to assess their sustainability performance. In theory, factories should be eager to be identified as legitimate sources of production, as a means of securing more business.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain software solutions Supply chain Data 40

Una

OCTOBER 17, 2023

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Frank Kenney. Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity.

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supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81