Positive Purchasing

NOVEMBER 21, 2023

He makes no secret of the fact that he has never enjoyed his negotiations and interactions with his client’s procurement teams, so we thought – as he has now “come over to the Dark Side” as he puts it – we’d take the opportunity to find out why. Long Ago and Far Away I think there are broadly two types of procurement.

Procurement 64

Procurement Negotiation Procurement team Contract 64

IBM Supply Chain Blog

JULY 5, 2023

You can scale your cloud resources up or down to meet demand, and costs will follow. Cloud cost optimization combines strategies, techniques, best practices and tools to help reduce cloud costs, find the most cost-effective way to run your applications in the cloud environment, and maximize business value.

Cost optimization 70

Cost optimization Real-time Visibility Price Budget 70

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Leverage your supplier management for maximum benefit with the white paper: How to Achieve Holistic Supplier Management. Strategic Supplier Management.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

Planergy

DECEMBER 25, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Often accounting ratios and formulas are used to measure performance of finance KPIs over time. What's Planergy? Let’s delve into the details.

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

The Network Effect

DECEMBER 15, 2015

Demand sensing has been a hot topic in the SCM community in 2015, and we’ve covered many aspects. Why Demand Sensing is Value-Based Performance Management. How to Interpret Demand Sensing Data . How to Interpret Demand Sensing Data . Image Credit: r.

Demand 40

Demand Networking Data Management 40

The Network Effect

DECEMBER 23, 2014

Demand sensing” has become increasingly important over the past few years. Because companies believe that improving demand forecast accuracy can drive higher levels of customer service through better shelf inventory availability while simultaneously decreasing overall inventory costs and increasing profits. tanka v/Flickr.

Demand 72

Demand Networking Inventory Suppliers 72

Supply Chain Trend

NOVEMBER 14, 2016

In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Introduction. Worse, overall S&OP development and progress seems to have stalled.

Supply Chain Optimization 119

Supply Chain Optimization supply chain software solutions Strategy Supply chain 119

Pipefy

JANUARY 11, 2023

In this post, we’ll explore what procurement transformation is, why it’s needed, and how it can help procurement teams meet changing needs and manage ever-evolving processes. Build better processes with the Definitive Guide to Workflow Management Download now. A shift in business demands and the role of procurement.

Strategy 52

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

Pipefy

DECEMBER 6, 2023

When workers don’t get the training they need to perform a task, the resulting workflow inefficiencies can have serious real-world consequences. Prioritizing these values means thorough employee training at every stage, providing the foundation of any business workflow. Visibility Each step in a workflow should be visible.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

IBM Supply Chain Blog

NOVEMBER 30, 2023

Beyond simply filling open roles, a comprehensive talent acquisition strategy encompasses a holistic approach to talent management , from identifying organizational needs to nurturing relationships with potential candidates. Watch on demand: Modernize your workforce with generative AI skills What is a talent acquisition strategy?

Strategy 68

Strategy Sourcing Leadership Networking 68

Procurement Software

JANUARY 2, 2024

Clearly, there is a demand for this type of diagram. Where there was some transparency on pricing, we have included any solution which offers per user / license based pricing. This is quite a difficult one to describe but after looking through over 400 procurement tech websites, I guess I can say that I have a sixth sense.

Procurement 52

Procurement Price Sourcing Demand 52

Planergy

AUGUST 16, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Development: What It Is, And How To Manage It. Best Practices & Tips Supplier Performance Supplier Relationship Management. Download Free Copy. Written by. Rob Biedron. 15 min read. Download PDF.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. We will explore what they are, why they matter, and how they are being implemented across different sectors. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Zycus Cognitive Procurement

JANUARY 12, 2021

The process of source to contract starts with analyzing the requirement, developing a sourcing strategy, contract negotiations, contract implementation, and supplier performance management. Here is Zycus’ 5-step checklist for effectively managing the Source to contract process when calamity strikes: 1] Smart Spend Analysis.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Slimstock

AUGUST 27, 2019

And on the other, customers can quickly check dozens of options for any purchase so retailers must ensure that their traditional brick and mortar stores add value to the overall shopping experience. Inventory Allocation Explained – Why You Need a Strategy. Tell-Tale Signs of an Effective Vs Ineffective Allocation Strategy.

Inventory 40

Inventory Supply Chain Optimization Real-time Visibility supply chain software solutions 40

Supply Chain Trend

NOVEMBER 16, 2016

In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Introduction. Worse, overall S&OP development and progress seems to have stalled.

supply chain budgeting 115

supply chain budgeting Supply Chain Efficiency Innovation Supply chain 115

Empowering CPO

JUNE 27, 2023

Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement. This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring.

Real-time Visibility 40

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

Procurement Zen

AUGUST 3, 2019

Here's what KB Manage has to say about it. So the first part today we'll cover a internal view or a demand focused view of the commodity strategy. So internal view, Tanya, demand focused view. I think firstly it makes sense to determine when you're looking at a commodity. So what is a commodity strategy? Phil: Cool.

Strategy 52

Strategy Influencing Demand Suppliers 52

Supply Chain Action Blog

MARCH 21, 2019

A supply chain, or as I prefer to say, a value network, is similarly constrained. Most sixteen-year-old adolescents can successfully drive a car, but you may not want to entrust your global value network to them. In fact, as you accelerate the 3-D Cycle, you will learn just how much automation and autonomy makes sense.

Networking 40

Networking Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 40

Supply Chain Action Blog

AUGUST 26, 2018

However, orchestrating the value network where goods, information and currency pulse freely, fast, and securely between facilities, organizations, and even consumers, following the path of least resistance (aka the digital supply chain ), may prove to be even more complex than driving a vehicle. The Driverless Car Analogy. every day.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 40

Supply Chain Action Blog

AUGUST 26, 2018

However, orchestrating the value network where goods, information and currency pulse between facilities and organizations, following the path of least resistance, may prove to be even more complex than driving a vehicle. There is a lot of buzz about the “autonomous” supply chain these days. Detect, Diagnose, Decide.

Retail Supply Chain 40

Retail Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 40

Claritum

JANUARY 25, 2019

Then why are all SMEs not implementing this automation? However, Supply Chain Management technology is beginning to catch on with SMEs, largely because of the significant cost control benefits and the increasing emphasis on control of supply chains and the internationalisation of these supply chains. Introduction. 1 Introduction.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

Supply Chain Action Blog

SEPTEMBER 7, 2018

A supply chain, or as I prefer to say, a value network, is similarly constrained. Most sixteen-year-old adolescents can successfully drive a car, but you may not want to entrust your global value network to them. In fact, as you accelerate the 3-D Cycle, you will learn just how much automation and autonomy makes sense.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Networking 40

Supply Chain Action Blog

SEPTEMBER 7, 2018

A supply chain, or as I prefer to say, a value network, is similarly constrained. Most sixteen-year-old adolescents can successfully drive a car, but you may not want to entrust your global value network to them. In fact, as you accelerate the 3-D Cycle, you will learn just how much automation and autonomy makes sense.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Networking supply chain software solutions 40

Claritum

SEPTEMBER 27, 2018

At the highest level the distinction between these groups is very clear: FP organizations view their performance in terms of effectiveness in achieving returns to their investors in context of monetary value. The NfP also has a greater focus on adding social value to a supply chain. And ultimately Shareholder value.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Procurement Zen

SEPTEMBER 4, 2019

Phil: and as a special gift to our valued audience.next week we're going to put this all into action. Let's look at the supplier market. Let's discover, how it influences your commodity strategy. This is the continuation of last weeks episode with the internal focus. Phil: Hello everyone. Tanya: Exactly. What are your thoughts on this?

Strategy 52

Strategy Influencing Suppliers Import 52

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. Along with cost savings, procurement managers are focusing on optimizing and automating processes. Automation in supplier management makes meeting such expectations easier.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Claritum

JULY 5, 2018

“If you can measure it then you can manage it” This statement is so true in the procurement field. I don’t know if we’re getting value for money. Specifically for Tail Spend there is a need to be able to dive deep into data and slice and dice transactional data to uncover real value and identify opportunities for improvement.

Real-time Visibility 36

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

Procurement Templates

JANUARY 17, 2024

What is demand management and why should we use it? Evidence of up to date internal management information availability. Evidence of up to date internal management information availability. Demand management embedded within the procurement process. Demand management is not a discipline in itself.

Demand 130

Demand Management Buyers Purchasing 130

Supply Chain Game Changer

AUGUST 29, 2022

The reasons for this are clear: sustainable packaging is more cost-effective, better for the environment and more popular with consumers, and it aligns better with current regulatory demands. Why are businesses investing in sustainable packaging? Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Sustainability 96

Sustainability Supply Chain Efficiency Supply chain Demand 96

Procurement Tactics

FEBRUARY 23, 2023

In business, negotiation allows parties to settle disputes, build stronger relationships, and create value in contracts. However, how can you negotiate professionally? In this article, we will comprehensively tackle what negotiation is. We will go through the process and how you can negotiate effectively with another party.

Negotiation 130

Negotiation Influencing Strategy Import 130

ivalua

NOVEMBER 18, 2021

In a recent webinar, Ivalua spoke with two leaders from top-performing Procurement agencies in the public sector and a subject-matter-expert practitioner: . Andrew Cochran , State eProcurement Manager, State of Ohio Department of Administrative Services. The full recording is available on-demand here ).

Procurement 130

Procurement Eprocurement Chief Procurement Officer Procurement solutions 130

Supply Chain Game Changer

SEPTEMBER 23, 2020

What’s the Difference Between Freight Management and Logistics Management? The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever. LEADING MISCONCEPTIONS AND CHALLENGES OF FREIGHT OPTIMIZATION.

Supply Chain Optimization 91

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 91

Pipefy

AUGUST 31, 2023

Start building more efficient workflows with the IT Guide to Workflow Management Download now What is operational excellence? Operational excellence is one of the most important (and confusing) terms in the business world. Every company wants to achieve it, but what does that really look like? What are the tactics? What is excellence?

Quality 52

Quality Strategy Purchasing Import 52

Supply Chain Trend

OCTOBER 29, 2021

Many IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. Prescriptive analysis and recommendations that provide business users with advice on why, how, and when to act. New Product Review, a Demand Review, a Supply Review, and a Management Business Review.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. This is why supplier diversity is so important.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

The Network Effect

APRIL 16, 2015

It is difficult to come across many supply chain leaders today who do not subscribe to the principle of Demand-Driven Supply Chains. As supply chain experts we continue to write about, provide webinars, present at conferences, and assist numerous client companies to progress towards the Demand-Driven Supply Chain model.

supply chain budgeting 66

supply chain budgeting supply chain software solutions Demand Supply Chain Optimization 66