The Thomas Blog

AUGUST 24, 2022

And so do the buyers of your company's products or services. By understanding what your buyers have on their plates, you can more easily accomplish one of your most important tasks — generating more leads and contributing to your bottom line. The buyer realizes a need. The buyer evaluates potential suppliers.

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Una

MARCH 6, 2023

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

Supply Chain Game Changer

JULY 7, 2021

Subscribe to Supply Chain Game Changer. Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. With newer technologies being founded, Amazon continually offers new services and breaks the rules of supply chain management to improve their service, margins, and for sellers.

Supply Chain Optimization 100

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 100

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect?

Supply chain management 98

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 98

SCMDOJO

DECEMBER 29, 2024

In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

Supply Chain Game Changer

OCTOBER 12, 2022

Subscribe to Supply Chain Game Changer. Maintaining quality and brand image in a supply chain can pose a business risk if you’re a manufacturer. Therefore a supply chain contract or sponsorship agreement would be best in such instances. Subscribe Here! Email Address. Duration Of The Contract.

Contract 108

Contract Supply Chain Optimization Supply chain Quantity 108

ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. About Ivalua. Learn more at www.ivalua.com. Media Contact.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Una

JANUARY 17, 2023

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology. Streamlined cross-border trade.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

Spend Matters

OCTOBER 31, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.

Real-time Visibility 115

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 115

Supply Chain Game Changer

OCTOBER 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) But in the area of Supply Chain, which truly spans the entire operations of most any company, these technologies provide the platform to totally redefine how the work of Supply Chain is conducted every minute of every day.

Supply Chain Optimization 82

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

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.". Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

Una

JANUARY 16, 2024

EPISODE 148 Optimization of Procurement in the Automotive Industry with Robert Čačković By Kelly Barner | January 17, 2024 Procurement professionals often talk about how they ‘fell’ into the field without a plan. Robert is a sourcing buyer for Bugatti Rimac, a Croatian company that develops and produces cutting-edge hypercars.

Supply Chain Optimization 80

Supply Chain Optimization Procurement Buyers Sourcing 80

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

ivalua

AUGUST 21, 2022

– Actions on the products and services purchased. C Supply Chain Leaders” and digital platforms such as “CDP Supply Chain”, for example, are proving helpful in reducing supplier overwhelm and advancing efforts to achieve emission targets (see box on the right). – Actions on the way you buy.

supply chain software solutions 130

supply chain software solutions Supply Chain Optimization Suppliers Supply Chain Efficiency 130

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. It’s time for the Auctioneer to take the stage!

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. Subscribe Here! Email Address. Project-Based Procurement.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

Spend Matters

OCTOBER 21, 2024

This integration allows buyers to start purchasing on Amazon Business and punch into SAP Ariba for checkout, improving compliance and reducing rogue spend. A PunchOut with Oracle NetSuite SuiteProcurement to enhance purchasing workflows by allowing Amazon Business to integrate directly with Oracle NetSuite’s procurement system.

Purchasing 107

Purchasing Inventory Supply Chain Optimization Buyers 107

Pipefy

JANUARY 31, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now 3 types of procurement methods Direct procurement Direct procurement deals with the purchasing of products or services that are essential to the business core. It’s more common for direct procurement to involve rigid purchasing (i.e.

Purchase orders 59

Purchase orders Purchasing Procurement Quantity 59

SCMDOJO

JANUARY 17, 2024

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. The bad news is that almost 30% of online purchases are returned. Statistics revealed that 92% of buyers stick to the business if the return process is simple.

Supply Chain Efficiency 105

Supply Chain Efficiency Management Supply Chain Optimization Logistics 105

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. To continue to optimize procurement processes, implement these lessons in future job orders.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

SCMDOJO

NOVEMBER 20, 2024

One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Moreover, Obsolete inventory damages future stock as well. Click here! Click here!

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

EazyStock

JULY 19, 2019

What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? To achieve this, you need to account for both supply and demand volatility.

Supply Chain Optimization 55

Supply Chain Optimization Inventory Quantity Demand 55

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails.

Agile and Lean Supply Chain 63

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

Spend Matters

AUGUST 31, 2022

Categories: Analytics , Market Intelligence , Procurement , Procurement Systems & Architecture , Purchasing and Sourcing , Requisition / PO Management , Risk Performance and Compliance , Spend Analysis Tags: PRO Direct materials is a hot market for procurement solutions, and this has become even more the case since the Covid crisis.

Supply Chain Optimization 98

Supply Chain Optimization Material management Sourcing Influencing 98

Finale Inventory

SEPTEMBER 24, 2024

One important aspect of inventory management is the creation of purchase orders. In this article, we will guide you through the process of creating a purchase order in Finale Inventory, a comprehensive inventory management system for ecommerce businesses. The significance of purchase orders cannot be overstated.

Purchase orders 52

Purchase orders Purchasing Inventory Quantity 52

Spend Matters

OCTOBER 19, 2023

Calculum — Calculum is a cloud-based analytics solution that specializes in optimizing payment terms. It currently supports buyers (suppliers are on the roadmap) and can be integrated into procurement and accounts payable IT solutions. Its founders have extensive supply chain and enterprise technology experience.

Supply Chain Optimization 107

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 107

Strategic Sourceror

AUGUST 3, 2022

During the pandemic, when buying activity was frenzied and personal savings were substantial, the modus operandi for retailers was pretty straightforward: If you have it in stock, customers will purchase it — whether in store or online. It's just painful on the path from here to there." In response, their respective inventories have swelled.

Inventory 104

Inventory supply chain budgeting Supply Chain Optimization Consumer demands 104

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Purchasing 52

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

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. The key is to keep track of your inventory planning and purchasing processes. Successful sales during this period come down to many factors.

Purchasing 52

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

SCMDOJO

DECEMBER 14, 2023

READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO! Sourcing agencies excel in handling these intricacies, ensuring a smooth and efficient flow of products from supplier to buyer. Limited Scope: Offers a more focused and individualized approach to the procurement process.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Purchasing: Purchasing is the act of buying goods or services from suppliers or vendors.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. Inventory management starts with the fundamental in and out of your supply chain. If your business is small, separate applications can be purchased to piecemeal the jobs usually done in an ERP’s modules. Subscribe Here! Email Address. Get Our EBOOK HERE. Genius in Simplicity.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98