Let's Talk Supply Chain

FEBRUARY 8, 2023

The past few years have been challenging as far as supply chain goes, and it doesn’t look like things will improve any time soon. All three used to suffer from inefficient supply chains, which resulted from bad supplier relations. That’s precisely what these three companies used to suffer from.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Suppliers 52

Procurement Tactics

JULY 14, 2022

Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. Procurement service providers are effective and experienced third-party organizations that facilitate the relationship between buyers and suppliers. Provides supply chain management.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

SCMDOJO

DECEMBER 14, 2023

This crucial step forms the foundation for a tailored and efficient sourcing process. Sourcing agencies take charge of the entire shipment process, selecting the most efficient and cost-effective shipping methods. From selecting shipping methods to managing customs clearance, the process can be complex.

Sourcing 104

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

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

Finale Inventory

JULY 26, 2024

In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Skill Dynamics

OCTOBER 19, 2023

Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. As a result, training on how to navigate these complexities is a must.

Supply Chain Optimization 52

Supply Chain Optimization Strategy Procurement Vendor management 52

SCMDOJO

AUGUST 4, 2023

This implementation further lessens the order transmission time without reducing lead time to its final buyers. Reduce inventory lets you measure production efficiency, utilize and standardize hours produced (mainly for overhead absorption). A reduce inventory keeps you in the loop as you offer products in demand more efficiently.

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. baking in benchmarking opportunity analytics more deeply and formally into the analytics, sourcing and category management applications). using RAG ).

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

Zycus Cognitive Procurement

FEBRUARY 14, 2022

The first step to building a resilient supply chain is strengthening your relationships with suppliers. The slow supply chain recovery post-pandemic, along with increased volatility and disruptions due to factors like climate change – means key partnerships can make or break your business moving into the new year.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Planergy

OCTOBER 20, 2022

Sourcing Supply Chain Management. RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. You’ll likely send additional requests if you find the vendor may be able to meet your organization’s needs. Lyle Del Vecchio.

Buyers 52

Buyers Supply Chain Efficiency Price Suppliers 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? He had been with this company for decades and built not only the sales network, production, but also worked in systemizing supply chain and sourcing (in the hundreds of millions of dollars). Landgraf, CEO at Above the Standard ( [link] ).

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

Procurement Software

JULY 9, 2024

These tend to place emphasis on driving cost savings, improving data quality and driving transactional efficiency. It requires precise inventory management, greater degrees of supplier collaboration, and increased levels of compliance and quality control. Direct procurement technology optimises crucial areas in managing direct spend.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Have you used Vendor management software? Even in the most tactical procurement roles, a buyer should be able to visualize the purchasing process from beginning to end. What is risk management?

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Sourcing and Supply Chain

JUNE 24, 2021

Hence, buyers have also adopted the concept of suppliers to bundle the requirement of multiple locations and the similar product as a category to have a better understanding, control, and volume to negotiate. It results in specialization in category for a buyer and ends up in a better deal with saving time, resources, and money.

Category management 52

Category management Management Procurement Market analysis 52

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. As a result, their tools enable them to do their jobs in a more efficient manner with better results. The approach of tech businesses is slightly different.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Procurement Software

JANUARY 23, 2024

Budget management and control features allow for transparent presentation and allocation of budgets. Specific and sustainable supplier catalogues are included, allowing users to benefit from Hivebuy’s bulk buyer conditions. Scalue aims to deliver total spend transparency.

Procurement 52

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

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Supplier-managed catalogs live within the buyer’s purchasing system, but the supplier has access to the catalog so they can maintain it. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Planergy

AUGUST 8, 2023

Open tendering is preferable as it allows companies to apply for multiple contracts at once, resulting in more efficient use of resources and reduced cost-over-runs from multiple procurement processes. However, you must use care and consistency to ensure that single-source procurement improves organizational efficiency and outcomes.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

SPLC (Sustainable Purchasing Leadership Council)

MAY 18, 2018

SPLC’s highest honor was presented to Bon Appétit Management Company for having put in place a comprehensive sustainable purchasing program that exemplifies the qualities defined in SPLC’s Principles for Leadership in Sustainable Purchasing. Con Edison Sustainable Supply Chain Success. More about this case study.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40