SCMDOJO

OCTOBER 3, 2024

Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills. Supply chain management begins with products being distributed to raw materials and manufacturing and ends with the finished products moving to customers.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply chain management 98

SCMR (Supply Chain Management Review)

MARCH 7, 2024

For shippers, properly assessing market conditions is critical to bid season. Data, when used correctly, can be an asset to this process.

Data 100

Data Bidding 100

ivalua

DECEMBER 5, 2019

This simply isn’t sustainable; as the collapse of Carillion last year showed , a relationship where suppliers are pitted against each other to reduce margins and lower their bids for unprofitable projects can have dire consequences. .

Innovation 170

Innovation Suppliers Procurement Collaboration 170

SCMDOJO

DECEMBER 11, 2023

GRN Report: The “Goods Receipt Note (GRN) Report” is a vital document in procurement and supply chain management that tracks and details the receipt of goods or services. The Bid Analysis Report meticulously examines each bid against these criteria to determine its overall suitability.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Let's Talk Supply Chain

MARCH 5, 2025

In a bid to turn the tide on a recent sales slump, Advance Auto Parts is embarking on a bold initiative to revamp its supply chain. The company, renowned for its extensive range of auto parts and accessories, is making strategic moves to enhance its operations and better meet customer demand.

Agile and Lean Supply Chain 52

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

SCMR (Supply Chain Management Review)

NOVEMBER 2, 2023

An overreliance on mini-bids to keep freight costs down has become detrimental to the shipper/carrier relationship and fails to produce the expected cost savings.

Bidding 93

Bidding Strategy 93

Una

JULY 9, 2024

EPISODE 173 Savings Start at Home with Omid Ghamami By Kelly Barner | July 10, 2024 When procurement needs to deliver savings, the reflexive response is usually to go to market, approaching suppliers for discounts or putting a contract out to bid. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Omid Ghamami.

Bidding 69

Bidding Negotiation Influencing Supply chain management 69

Claritum

JANUARY 25, 2019

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. bid/tender evaluation and supplier selection.

Supply chain management 36

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

Una

NOVEMBER 1, 2022

Procurement professionals are abandoning traditional sourcing practices in favor of more responsive strategies to supply chain management in pursuit of more significant cost savings and organizational efficiencies. Today, however, the pandemic has shown procurement to be more than simply purchasing goods and services.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Supply Chain Game Changer

SEPTEMBER 23, 2020

The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever. Since the only certainty in supply chain management is uncertainty, planning for more tender rejections for undesirable freight is the best policy.

Supply Chain Optimization 91

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

Supply Chain Game Changer

OCTOBER 24, 2022

Subscribe to Supply Chain Game Changer. The Bullwhip Effect is a pretty popular phenomenon and conversational topic in supply chain management. Managing the Bullwhip Effect With an ERP System. Overall better supply chain management. The bullwhip effect has been an issue for decades.

Real-time Visibility 76

Real-time Visibility supply chain budgeting supply chain software solutions Inventory 76

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

SCMDOJO

JUNE 28, 2024

Gender diversity in supply chain teams fosters collaboration, enhances decision-making processes, and leads to more effective solutions that resonate with diverse stakeholders. Stronger Teams, Better Decisions: Moreover, diversity in supply chain management contributes to improved employee morale and engagement.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Pipefy

JANUARY 31, 2023

B Bid A submission from a supplier or vendor containing a cost estimate for goods or services, usually in response to a business’ invitation to bid. Successful bids often contain the supplier’s past relevant projects as a proven track record of success and a detailed plan to deliver the product in a timely manner.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

Supply Chain Game Changer

APRIL 28, 2020

Only one supplier is awarded business for a particular component, part or material even though there are other suppliers that can provide that same supply. Single source decisions are usually the result of a quotation or bidding process after which all candidate suppliers are narrowed down to one.

Sourcing 82

Sourcing Bidding Supply chain Suppliers 82

Supply Chain Collaborator

NOVEMBER 6, 2018

Reallocate the forces you’ve been applying to managing spot quotes in today’s tight capacity environment. With spot quote automation tech from UltraShip, it takes one person mere minutes to distribute request for spot bids using the power of the reverse auction to ensure you’ll pay at or near true market rates for expedited movements.

Logistics 86

Logistics supply chain software solutions Supply Chain Efficiency Bidding 86

Procurement Insights

SEPTEMBER 15, 2023

“AI assesses supplier performance data, quality records, and market intelligence to revamp supplier selection and management. Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.” and select the best value source at that time.

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

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

Supply Chain Game Changer

AUGUST 17, 2021

Consider for just a moment trying to communicate with someone in China who speaks very little English yet had the lowest and most cost-effective bid on the parts they will manufacture. In the realm of manufacturing, communications can be a major setback.

Supply chain 105

Supply chain Supply Inventory Bidding 105

Supply Chain Collaborator

MAY 23, 2018

Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. “Freight spend is up 15% year over year and it is eating into the bottom line! Combating Rising Freight Costs with a TMS.

Supply Chain Efficiency 17

Supply Chain Efficiency supply chain budgeting Freight Audit Logistics 17

Una

FEBRUARY 18, 2025

Eric is the Founder and Chief Problem Solver at GO Get Made, a global sourcing and manufacturing company that specializes in helping businesses optimize their supply chains and scale efficiently with the help of overseas partners.

Supply Chain Optimization 58

Supply Chain Optimization Supply Chain Efficiency Sourcing Supply chain 58

Una

NOVEMBER 14, 2022

Then, in the 1960s, the practice of competitive bidding became commonplace giving rise to trained procurement professionals. It is only through a digital process that procurement will realize maximum value with real-time analytics, supply-chain management, and the agility to pivot when necessary quickly.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

The Network Effect

JANUARY 17, 2016

Buyer Supply Chain Planner – all the business functionality. Buyer Supply Chain Manager – Planner + Master Admin. Buyer Supply Chain Admin – Manager + user/role admin. Vendor Supply Chain Planner. Vendor Supply Chain Admin. Vendor Supply Chain Manager.

Buyers 40

Buyers Supply Chain Efficiency Networking Bidding 40

Supply Chain Brain

JUNE 6, 2018

Amazon had been militant about leaks during the seven weeks that the two companies had been in negotiations, and the vast majority of those working inside the building had been unaware that the deal was afoot. Now they were meeting their new overlords for the first time.

Bidding 40

Bidding Negotiation Supply Chain Optimization Business strategy 40

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Supply Chain Collaborator

MAY 23, 2018

Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. “Freight spend is up 15% year over year and it is eating into the bottom line! Combating Rising Freight Costs with a TMS.

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Freight Audit Logistics 74

Jaggaer

JUNE 28, 2024

The events brought together key industry leaders to discuss the strategies for navigating the evolving landscape of procurement and supply chain management. In addition, AI enhances supplier management, risk assessment, and negotiation processes, serving as a central communication hub to streamline procurement workflows.

Chief Procurement Officer 52

Chief Procurement Officer Strategic sourcing Strategic sourcing supply chain software solutions 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

TYA Suite

OCTOBER 27, 2024

Additionally, the software can automate the request for proposal (RFP) and request for quotation (RFQ) processes , enabling businesses to gather and compare vendor bids more efficiently. Integration with supply chain management systems enables better coordination with suppliers and logistics providers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

SCMDOJO

JULY 3, 2023

Read More: Top 10 Supply Chain Management Courses to Boost Your Career ] Accreditation and Industry Recognition Check to see if the training programme is acknowledged by the procurement sector or accredited by the relevant professional organizations.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

The Good Spending

AUGUST 23, 2022

It assumes that the winning bid includes solid commercials and non-material benefits, e.g., improvements in end-user experience. Procurement should advise on mandatory processes, commercial viability, supplier relationship, and supply chain management and support their advice with comprehensive data and logical structures.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Value Match

JANUARY 26, 2023

Implementation of a robust and transparent supply chain management system that includes regular communication and collaboration with suppliers. To establish a zero-tolerance policy for forced labour and human rights violations within supply chains, with clear consequences for non-compliance.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Bidding 52

Una

NOVEMBER 29, 2023

This may involve seeking out new suppliers, optimizing supplier portfolios, and conducting competitive bids. Risk management Spend time assessing and mitigating procurement risks , such as supply chain disruptions, geopolitical issues, and changes in regulations.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Arkestro

AUGUST 22, 2023

While 88% of food, beverage, and agriculture supply chain leaders say they’ve improved their supply chain management after the pandemic, 73% also said that supply chain losses were “ higher or much higher than expected” in the last two years. Unfortunately, it’s not an unfounded fear.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

TYA Suite

SEPTEMBER 25, 2024

This process is integral to procurement and supply chain management, aiming to secure the best possible terms for the organization while ensuring the quality and reliability of the supplied products or services. provide features for comparing and analyzing supplier bids.

Supply Chain Efficiency 40

Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40