article thumbnail

State of Flux (SupplierBase): Vendor Analysis, 2022 Update (Part 1) — SxM solution overview, market analysis, tech selection tips

Spend Matters

Part 2 examines the solution strengths/weaknesses, provides a detailed overview of each module and an analyst summary. To do so, the company provides services (consulting and training) and a software solution, SupplierBase, that supports the methodology and philosophy of State of Flux.

article thumbnail

Role-Based Training for Procurement & Supply Chain Teams

Skill Dynamics

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Challenges Facing the VPs of Supply Chain & Manufacturing in 2023

Arkestro

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.

article thumbnail

Commodity Trading — Everything You Should Know

Procurement Tactics

Commodity Trading Tools and Software In engaging in the field of commodity trading, you can use several tools and software that helps with market analysis, monitoring prices, and managing trades, making it easier to make informed decisions. Here are some tools and software available for commodity trading: 1.

article thumbnail

Procurement Analytics: Everything You Need to Know

World of Procurement blog

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. How to Use Data in Procurement?

article thumbnail

Procurement Analytics: Everything You Need to Know

World of Procurement blog

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. How to Use Data in Procurement?

article thumbnail

Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category Management Software What is Category Management in Procurement? Using category management software is ideal as it creates visibility and efficient management. Market analysis, competitive forces, and external factors. Market forces determine supply risks.