Supply Chain Game Changer

APRIL 15, 2020

Sometimes getting out there, requesting demos, and seeing what the market has to offer is the clearest way to understand what kind of requirements you should be putting on prospective suppliers in an RFx or a deepened solution evaluation process. Need to strengthen supplier compliance ? That means you need to know your supplier.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Jaggaer

JUNE 28, 2024

The reason being quite simply that there is so much else going on in our organizations and in the world at large that’s grabbing our attention: supply chain disruptions, supplier value management, risk factors, finding the right balance between savings and lead times and, last but not least, sustainability, in particular reducing carbon footprint.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

Arkestro

OCTOBER 3, 2024

Utilize Networks and Relationships An often overlooked source of industry trends is your network and relationships, such as automakers and suppliers. Benchmark Best Practices Last but not least, benchmarking with leading auto suppliers on current industry best practices is a great exercise for procurement teams.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Empowering CPO

MAY 8, 2023

Definition of Procurement Risk Procurement risk refers to the potential threats and uncertainties associated with the acquisition of goods and services that may adversely impact an organization’s objectives, such as cost-efficiency, quality, delivery timelines, and compliance. Understanding Procurement Risk A.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Supply Chain Game Changer

MARCH 18, 2021

Procurement, in the context of Porter’s modeling, has a very narrow definition as a function: ‘Responsible for the acquisition of inputs, or resources, for the firm.’ The definition of insanity is doing the same thing over and over, and expecting different results”. Experimentation. How does the saying go…?

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Procurement Software

APRIL 2, 2024

S2C Simple, user-friendly and easy-to-implement RFQ, supplier repository, and contract administration platform designed for the SME market. Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Claritum

JULY 23, 2018

However, if you are to focus on Indirect spend then you will need to be sure that this domain is under control before introducing supplier diversity. Another challenge is that executives often view diversity in supply as simply a tick-box exercise. Seeking to introduce diversity in this case is challenged by this definition.

Supply chain 36

Supply chain Management Supply Suppliers 36

Empowering CPO

JUNE 9, 2023

Procurement metrics can cover a wide range of aspects, from cost-saving measures to supplier performance, and are crucial for making data-driven decisions. These metrics are typically data-driven, ranging from numerical values like cost savings, to more qualitative assessments like supplier reliability and product quality.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Procurement Insights

MAY 25, 2024

Using Mintec data in supplier negotiations, they can control price inflation and reduce proposed price increases across branded and private-label goods. Not The Who, But Definitely The What! True supply chain resilience and adaptability are all about access to timely and contextual data.

Sustainability 40

Sustainability Supply chain resilience Supply Chain Efficiency Data 40

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. Definition and Purpose of Procurement Procurement is a multi-faceted function that goes beyond the simple acquisition of goods and services. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Action Blog

JUNE 29, 2016

Qualifications, number and locations of suppliers. Your consideration of the following factors and their interaction should be ongoing: Nu mber, location and size of factories and distribution centers. Location and size of inventory buffers. The push/pull boundary. Fulfillment paths for different types of orders, customers and channels.

Networking 40

Networking Supply Chain Optimization supply chain software solutions Supply chain 40

ivalua

NOVEMBER 26, 2020

Supply Chain Resilience vs Low-Cost Supply Chain. With the prospect of reshoring or nearshoring limited in scope, many organizations are pivoting their supply strategies to mitigate the impact of another disruption. Managing Risk Across the Supply Chain Remains Challenging.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

HICX

FEBRUARY 9, 2023

In a series of interviews that took place during the World Procurement Congress 2022 (WPC) in London, we spoke to a number of thought leaders and experts from the Procurement and Supply Chain industries on their opinions on Supplier Experience Management (SXM) and the future of Procurement.

Suppliers 52

Suppliers Management Supply chain resilience Supply chain 52

Supply Chain Game Changer

JULY 27, 2021

Just saying you want to have a resilient Supply Chain doesn’t accomplish anything. According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. ” These definitions certainly make sense and they are relatable.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119