ivalua

FEBRUARY 17, 2021

Sourcing Expert and Purchasing Data Admin at Michelin. significant experience in Communication Networks and Manufacturing, as well as over 10 years of experience in Market Research, Purchasing, Global Contract Deployment and Management, Supplier Relationship Management and Supplier Performance indicators. Janel LONGFELLOW.

Supplier relationship management 20

Supplier relationship management Quality management Purchasing Contract 20

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. Subscribe Here! Email Address. What are Rare Earth Elements?

Sourcing 71

Sourcing Chief Procurement Officer Supply chain Strategy 71

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Spend Matters

JULY 21, 2022

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). Procurence’s solution (Meercat) provides customers with rich features to manage their suppliers and their risk, emphasizing supply quality management and project-based procurement.

Market analysis 97

Market analysis Procurement Quality management Supply Chain Optimization 97

ivalua

MAY 28, 2014

In sourcing, successful manufacturers exploit all available information and analytics to make informed, strategic decisions in support of future success. Social: To be effective, it’s critical that sourcing break down the organization’s functional and communication silos. The world around us is becoming digital at an increasing pace.

Supply Chain Optimization 100

Supply Chain Optimization Innovation Supply chain Cost of ownership 100

Arkestro

DECEMBER 5, 2024

Choosing the right suppliers: Data analysis makes it easier to identify the most suitable suppliers by evaluating factors like price, quality, and delivery time, leading to faster and more informed sourcing decisions. Subscribe to news from Arkestro. No spam, just relevant procurement news and tips. You can unsubscribe at any time.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Spend Matters

MARCH 18, 2024

AI in CLM, direct sourcing and so on), the upcoming launch of a module dedicated to external workforce management (beyond the current SoW capabilities of the solution) and a GenAI-backed intake module. These include enhancing several existing capabilities (e.g.,

Procurement 117

Procurement Raw materials Sustainability Risk 117

Supply Chain Game Changer

JULY 28, 2020

Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. For many their Supply Chain is built on intellectual property and sole sourcing. We believe that you should have a dual sourcing strategy throughout your Supply Chain.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100

Supply Chain Game Changer

MAY 31, 2022

Any point of single sourcing, or sole sourcing , whether it be materials, parts, resources, systems, processes, suppliers, production or facilities is a single point of failure. needs to establish at least one other facility, separate and apart from the one in Michigan, to also be a source of these products.

Supply chain 123

Supply chain Supply Real-time Visibility Demand 123

The Good Spending

APRIL 2, 2023

The business must provide specific requirements for each strategic category - need-by dates, critical technical requirements, quality management provisions, etc. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice." This information is vital for category planning. Demand plan 9.

Procurement 98

Procurement Demand Planning Budget Category management 98

SCMDOJO

MAY 10, 2023

Poor quality master data can lead to errors, delays, and inconsistencies, which can have serious implications for an organization’s bottom line. In the era of data proliferation, master data management has emerged as a pivotal element in ERP implementations and consolidations. – Create a data catalogue.

Quality 124

Quality Data Supply Chain Optimization Supply Chain Efficiency 124

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. This involves examining and enhancing processes like sourcing, manufacturing, logistics, inventory management, and delivery.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Jaggaer

JUNE 23, 2020

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. Once the supply and distribution routes are mapped, clients can begin the sourcing process to dig deeper and understand what each third-party logistics provider can offer. RFQ, Contract, and Risk.

Networking 72

Networking Supply Chain Optimization Supply Supply chain 72

IBM Supply Chain Blog

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

SCMDOJO

FEBRUARY 19, 2024

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. Hoerl, R.W., Lean Six Sigma provides the methodology to make it happen.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 98

Supply Chain Game Changer

SEPTEMBER 12, 2019

It will also help you keep track of quality control KPIs and trace failed batches back to their source. They can be responsible for FDA and OSHA violations, injuries, quality control failures and, in a worst-case scenario, product recalls. Quality Management – Design in Quality First!

Quality 55

Quality Supply Chain Efficiency supply chain software solutions Supply chain 55

Supply Chain Opz

JANUARY 31, 2016

Background Statistical thinking as in total quality management and six sigma has been around for quite some time. When more diverse sources of data and data volume are available more readily, many businesses find it overwhelming to make sense of these data.

Quality management 40

Quality management Data Quality Risk management 40

Procurement Heads

FEBRUARY 16, 2023

For us, this means that on one hand, we have a sourcing team that ensures the core value of procurement is realized. Leveraging technology and outsourced partners, they’re focus is primarily on strategic sourcing and establishing relationships with, stakeholders and suppliers. An evolution we still have to make…

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

Supply Chain Game Changer

NOVEMBER 6, 2018

Video Source: [link]. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. And problems in harvesting, quality standards, storage, shipping costs, and handling all create food waste. Table Source: [link]. ” Source: [link].

Supply Chain Optimization 59

Supply Chain Optimization Supply chain Real-time Visibility Supply 59

Supply Chain Game Changer

NOVEMBER 14, 2018

Supply Chain employees must have a working knowledge of any one or all of Planning, Procurement, Category/Commodity Management, Supplier Relationships, Logistics, Sourcing, Quality Management, Warehousing, Inventory Management or anything else Supply Chain related.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply chain Supply Leadership 73

Finale Inventory

AUGUST 4, 2024

From sourcing to production, each material has its own path before becoming part of the final product. Tracking the sources of your materials helps ensure compliance with environmental regulations and ethical sourcing standards. Prioritizing quality control prevents production delays and customer dissatisfaction.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52

Supply Chain Game Changer

APRIL 4, 2019

I speak with Procurement, Sourcing and Purchasing professionals every day, from various globally functioning organizations, and there’s a resounding similarity in every one of those conversations…. Source: Porter (1985). Procurement drives business from the source to the end customer. Procurement is? So, I’ll ask again.

supply chain software solutions 60

supply chain software solutions Purchasing Quality Buyers 60

Pipefy

JANUARY 31, 2023

Researchers believe that this early form of procurement — sourcing, negotiating, and trading across long-distance networks — gave early Homo sapiens a competitive edge over their Neanderthal rivals as climate change altered living conditions and eventually led to the extinction of the large animal populations that were commonly hunted for food.

Procurement 59

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 59

IBM Supply Chain Blog

AUGUST 11, 2023

Moreover, they play a crucial role in quality management and compliance by enforcing quality control procedures, monitoring metrics and capturing real-time data. But for a large organization, it’s just one of many sources.

supply chain software solutions 68

supply chain software solutions Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 68

Procurement Software

APRIL 2, 2024

Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface. Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Low Cost e-Sourcing Software Let’s look at e-sourcing software first.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. By Hugo Britt | June 29, 2023 Search Search At Una, we lovingly refer to procurement professionals as “sourcing heroes.”

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008).

Suppliers 84

Suppliers Management Quality Import 84

IBM Supply Chain Blog

JULY 13, 2023

Data standardization This is the process of conforming disparate data assets and unstructured big data into a consistent format that ensures data is complete and ready for use, regardless of data source. Data quality monitoring Maintaining good data quality requires continuous data quality management.

Quality 63

Quality Data Quality management supply chain budgeting 63

Supply Chain Opz

JUNE 23, 2014

4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case? 6) Obtain reasons for forecast adjustment A sales team tend to make a forecast adjustment without adequate market information.

Inventory 88

Inventory Inventory control Management Supply Chain Efficiency 88

Skill Dynamics

FEBRUARY 6, 2024

Ikea sources close to half of the wood used in its products from sustainable forests, regulates the use of pesticides and chemical fertilizers amongst its suppliers and opts for suppliers that minimize water pollution through more organic farming practices.

Supply Chain Efficiency 59

Supply Chain Efficiency Supply Chain Optimization Sustainability Supply chain 59

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. It equips businesses to keep up with growing global competition and increasing customer expectations thanks to modern procurement technologies.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Supply Chain Game Changer

MARCH 9, 2021

Suppliers for all materials and services have to be found, vetted, negotiated with, qualified, ramped up, tracked, managed, kept competitive and governed. Cash is king and cash flow management is the source of life, or the cause of death, of any company. That is the purview of Procurement.

supply chain software solutions 90

supply chain software solutions Supply Chain Optimization Supply chain Supply 90

Procurement Insights

OCTOBER 8, 2024

Here are the Top 3 concerns for CPOs in 2005: Cost Reduction and Procurement Savings Globalization and Low-Cost Country Sourcing Supplier Relationship Management Conclusion: In 2005, CPOs were heavily focused on cost reduction , globalization , and process efficiency.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Supply Chain Opz

AUGUST 7, 2013

7) Capture information once and at the source (capture the information and store it on an online database). However, we can see 3 emerging themes as below, - Process Redesign Itself : it is not a new concept because it evolves mainly from quality management system and information system analysis. Problems of Process Redesign.

supply chain software solutions 59

supply chain software solutions Supply chain Supply Supply chain management 59

Procurement Heads

APRIL 5, 2023

I sometimes wonder actually, how did I end up here? What are the biggest challenges faced at the moment and how do you think interims can help with those? If you think about the pace that organisations may have grown by acquisition there are often gaps in people, processes and technology.

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Procurement Heads

APRIL 5, 2023

I sometimes wonder actually, how did I end up here? What are the biggest challenges faced at the moment and how do you think interims can help with those? If you think about the pace that organisations may have grown by acquisition there are often gaps in people, processes and technology.

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Jaggaer

JULY 2, 2020

Negotiating is an important part of any relationship, including those with stakeholders and adjacent functions like logistics, research and development, and quality management. . It’s often said that the most challenging negotiations are not the ones with suppliers, but rather the internal ones. Be Prepared!

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71