The Good Spending

SEPTEMBER 2, 2023

High complexity of demand management As we know, the procurement process starts with demand planning and analysis. In the IT department itself, such planning is challenging. Notably, almost every project is unique regarding subject-matter expertise and sourcing strategy.

Sourcing 59

Sourcing Procurement Category management Demand Planning 59

SCMDOJO

JULY 13, 2022

Whatever your career stage, whether you are an entry-level buyer or a senior director of purchasing, NAEP’s job board can connect you with ideal positions available for its members and non-members. NAEP maintains its status as the leading association dedicated to procurement professionals in higher education.

Supply chain 123

Supply chain Supply Supply chain management Supply chain management 123

SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs. Access yours here!

Supply Chain Optimization 86

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 86

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Arkestro

DECEMBER 26, 2024

It streamlines the entire procurement process by centralizing and automating interactions between buyers and sellers. In a nutshell, e-procurement involves buying and selling supplies, equipment, and services over the Internet. E-procurement uses networked systems and web interfaces for supply chain operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Let's Talk Supply Chain

JUNE 15, 2023

Resources: Buyer’s Guide: How to Buy Last-mile Delivery Technology The Ultimate Guide on Shipping Process Report: Eye on last-mile for logistics Watch the podcast episode where we discuss the Last Minute Last Mile with FarEye.

Route optimization 98

Route optimization Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 98

SCMDOJO

DECEMBER 14, 2023

Sourcing agencies excel in handling these intricacies, ensuring a smooth and efficient flow of products from supplier to buyer. From selecting shipping methods to managing customs clearance, the process can be complex. If logistics seem like a maze, a sourcing agency can provide the navigational expertise needed.

Sourcing 82

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 82

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Many companies have started planning in the spring in recent years due to increased challenges from more supply chain disruptions.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Tips for inventory planning during Black Friday. Now, the whole week is called Black Week due to the increase in trading in the surrounding days, including Cyber Monday.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Tips for inventory planning during Black Friday. Now, the whole week is called Black Week due to the increase in trading in the surrounding days, including Cyber Monday.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Real-time Visibility Inventory 52

Supply Chain Game Changer

NOVEMBER 10, 2018

Because the pace of business has increased exponentially, and businesses must be able to respond to new market demands with agility and innovation. In this climate, buyers are relying on suppliers more than ever before. To be blunt: they know more than you do. Invest in the Right Infrastructure and People.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Supply Chain Game Changer

JANUARY 30, 2020

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. There is no visibility to, ratification of, or governance of the demand being loaded into the ERP system. We created an “A Class” Buying team. The implications of this are incredible.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Let's Talk Supply Chain

JANUARY 13, 2025

Before joining GAINS, Amber was a Senior Research Director at Gartner, where she advised over 1000 clients spanning software vendors, prospective buyers of software, end-users of software, and institutional investors on advancing their supply chain strategies to drive performance.

Data 52

Data supply chain software solutions Supply Chain Optimization Inventory 52

Jaggaer

OCTOBER 24, 2024

Following a forecast to suppliers, a Tier-1 supplier collaborates with its suppliers—Tier 2 for the buyer—to obtain critical components for producing products and/or services. The strong handshake made with Tier-1 in the initial onboarding phase—complete with profile information—makes collaborating with first-tier suppliers easier.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. And we would not compromise our ability to meet customer demands.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Supply Chain Game Changer

NOVEMBER 16, 2018

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. There is no visibility to, ratification of, or governance of the demand being loaded into the ERP system. We created an “A Class” Buying team. The implications of this are incredible.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43

World of Procurement blog

MAY 8, 2024

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Cost benchmarking and market intelligence Data visualization and reporting Predictive analytics for demand planning Data-driven procurement not only improves efficiency, but also empowers more strategic decision making to maximize value.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Finale Inventory

JULY 26, 2024

From real-time inventory tracking to automated order management, barcode scanning for precise data entry, integrations with popular ecommerce platforms, multi-location inventory management, and forecasting tools for demand planning, Finale Inventory covers all aspects of inventory management with finesse.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Supply Chain Brain

MARCH 26, 2018

Creating a long horizon is important because the buyer need to have an accurate sense of a supplier’s total capacity for producing over time. Regulations and customs duties often change with the new year, so that information has to be incorporated into a long-range scenario.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40

Supply Chain Brain

JUNE 18, 2018

In particular, retail stores are still struggling with the challenge of efficiently shipping items directly to the buyer. It’s one thing for a million-plus square-foot distribution center to pick and ship an online order. That’s precisely what it’s designed to do.

Demand 40

Demand Order Fulfillment Inventory Buyers 40

The Procuretech Podcast

FEBRUARY 22, 2022

Demand planning. Something close to my heart as an ex-automotive direct materials buyer, Ravacan offers the ability to have a digital tooling asset register within the platform. Ravacan can do this and intelligently switch the percentage split based on a number of different criteria. Spend analytics.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Innovation Supply chain 40

Supply Chain Game Changer

OCTOBER 28, 2020

Anecdotally, this is a bit lower in Canada, except for particular functions with very strong starting compensation like Demand Planning. Source ,” which includes Buyers, Category Managers, Commodity Managers, Procurement Specialists, Purchasing Managers and Sourcing Managers. Satisfaction: Job satisfaction was also high.

Supply chain 98

Supply chain Supply Leadership Supply chain management 98