SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult.

Suppliers 84

Suppliers Management Quality Import 84

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

SCMDOJO

JANUARY 22, 2025

Supplier Quality DPPM (Defects Per Million) Definition This metric measures the number of defective parts per million received from a supplier. It’s a key indicator of supplier quality performance. Effective communication between receiving departments and suppliers is paramount.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 90

All Things Supply Chain

OCTOBER 27, 2020

Supply management is one of the key components of a successful business, regardless of its niche or service portfolio. Once you find a suitable supplier or B2B partner with the…

Supply management 217

Supply management Management Supply Suppliers 217

ivalua

FEBRUARY 17, 2021

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.

Supplier relationship management 20

Supplier relationship management Quality management Purchasing Contract 20

Arkestro

DECEMBER 5, 2024

Automating routine repetitive tasks like data entry, invoice processing, and supplier onboarding and management, significantly boosts efficiency and productivity, reduces errors, and leads to greater operational efficiency and faster processing times. As a result, teams can work more efficiently and achieve better results in less time.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Spend Matters

JULY 27, 2022

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market.

Market analysis 98

Market analysis Sourcing Supplier relationship management Material management 98

Spend Matters

OCTOBER 26, 2022

Categories: Procurement Research , Sourcing , Supplier Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of MESH, a solution built for small to mid-sized US-based manufacturers that need to streamline their sourcing and quality engineering workflows. .

Sourcing 98

Sourcing Quality management Quality Buyers 98

Supply Chain Game Changer

NOVEMBER 3, 2021

A Tale of Two Companies: Different Quality Management Beliefs! While the aerospace industry may employ the same equipment and techniques as other manufacturing operations in producing parts for spacecraft and aircraft, it requires a significantly higher level of quality standards. Subscribe Here! Email Address.

Quality 90

Quality Quality management supply chain budgeting Supply Chain Efficiency 90

Spend Matters

OCTOBER 12, 2023

We spoke with Costas Xyloyiannis, CEO of HICX whose supplier experience management (SxM) platform removes the friction from supplier relations. Simply replacing one S2P platform with another will not make a substantial difference; a slicker interface won’t improve your processes or drive better adoption with your suppliers.

Procurement 114

Procurement Suppliers Supply chain Consumer demands 114

ivalua

NOVEMBER 7, 2019

Ivalua’s new product quality capability provides customers with a proven quality management process, called APQP. Customers can better understand the potential volume impact and cost savings versus potential risks of using the same components across many products.

Innovation 22

Innovation Bill of materials Supply Chain Efficiency Management 22

Procurement Software

OCTOBER 3, 2023

The topic of supplier consolidation is a popular one, especially across indirect procurement spend. Furthermore, the vast majority of P2P issues and day-to-day firefighting usually comes from this long tail of non-core, non-strategic suppliers. It’s rarely strategic suppliers who cause procure-to-pay pain. Do you even know?

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Procurement Software

JANUARY 12, 2025

Try out Airtable here: Examples of procurement tools in Airtable: Vendor master databases Contracts repository New supplier onboarding process Procurement pipeline and savings tracker 2. Examples of procurement tools in Glide: Basic SRM tools Approved supplier product catalogues (self-hosted) Internal Training 7.

Procurement 52

Procurement Purchase orders Collaboration Project management 52

Spend Matters

MARCH 18, 2024

For example, it currently hosts nine GenAI use cases that customers can directly install and use covering, including: Supplier research and creation to help find and gather relevant information on existing or new suppliers and their offerings. Enhanced communications to generate content for mass email communication to suppliers.

Procurement 117

Procurement Raw materials Sustainability Risk 117

Procurement Templates

MARCH 3, 2024

Market Research : Conducting research on available suppliers, products, and market trends is essential for making informed procurement decisions. This involves assessing suppliers’ capabilities, pricing, quality standards, and reputation. Assess supplier performance, capabilities, reliability, and overall value delivered.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Planergy

AUGUST 16, 2022

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. Supplier Development: What It Is, And How To Manage It. Best Practices & Tips Supplier Performance Supplier Relationship Management. Written by.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

ivalua

MAY 28, 2014

Internally, buyers and engineers must work with quality and product; then that cross-functional group must collaborate with external suppliers. Commodity managers, engineers, and quality managers are always on the road, where they still need to communicate and get their work done.

Supply Chain Optimization 100

Supply Chain Optimization Innovation Supply chain Cost of ownership 100

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. Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information.

Supply Chain Efficiency 19

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

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

My team and I work closely with suppliers to negotiate favorable terms and conditions. We also monitor supplier performance to ensure that they are meeting their obligations under our contracts. We also ensure that we are procuring goods and services at the best possible prices.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Tactics

JULY 23, 2023

Edwards Deming, an American expert in quality management. In the 1950s, Deming introduced statistical process control methods to Japan, emphasizing the importance of quality and continuous improvement. Another important aspect of Kaizen in procurement is the development of strong supplier relationships.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

Supply Chain Brain

JUNE 1, 2023

A case study involving Continental and eMoldino, a provider of applications for managing the automotive tooling supply chain, as told by Marllon Kopelvski, supplier quality manager with Continental, and Gabriel Tejada, senior project manager with eMoldino.

Management 52

Management Project management Quality management Quality 52

Supply Chain Game Changer

MARCH 16, 2022

Supply Chain Quality Management. Supply chain quality management is another area where mathematical problems can occur. Quality control charts are one tool that can be used to monitor quality. The Newsvendor model can be used to negotiate contracts with suppliers. Inventory Management.

Supply Chain Optimization 100

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 100

The Good Spending

APRIL 2, 2023

When discussing value generation , we mainly mention category management, stakeholder relationships, and supplier innovation. Indeed, some colleagues find it simpler to dedicate themselves to tireless supplier negotiations and measure the value creation in savings. This information is vital for category planning. Demand plan 9.

Procurement 98

Procurement Demand Planning Budget Category management 98

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. It’s become standard for companies to train their employees on negotiation tactics to get better deals from suppliers, but these skills are also useful outside of the buyer -supplier relationship. Supplier negotiation isn’t easy. Be Prepared!

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

Supply Chain Opz

JUNE 23, 2014

8) Go beyond unit cost In supplier selection/negotiation process, the first priority for most buyers is to find cheap suppliers (and other selection criteria are usually ignored). And you know well, cheap suppliers always make the delayed delivery. Would it be nicer if we don''t have to deal with this kind of supplier at all?

Inventory 88

Inventory Inventory control Management Supply Chain Efficiency 88

Procurement Heads

FEBRUARY 16, 2023

This lack of awareness then leads to resistance to change from internal stakeholders, especially when it comes down to changing non-sustainable suppliers. Secondly, as it is all about relationships and if you look at how important partners and suppliers are for the future success of an organisation you are really at that centre point.

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

SCMDOJO

APRIL 4, 2023

It uses data to suggest what actions should be taken in order to maximize the efficiency of supply chains, such as selecting suppliers or creating the ideal inventory. This can help them identify the best suppliers and negotiate better contracts. This can help them achieve their sustainability goals and enhance their reputation.

Supply Chain Analytics 111

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

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. Raw material and component costs, manufacturing costs, logistics and distribution costs, and channel costs are almost entirely managed by Supply Chain.

supply chain software solutions 90

supply chain software solutions Supply Chain Optimization Supply chain Supply 90

Supply Chain Game Changer

JULY 28, 2020

To establish, manage and maintain a Supply Chain takes a lot of resource. Finding, qualifying, negotiating and tracking suppliers, materials and service providers is a full time job in any organization. This is the first challenge of a fully Parallel Supply Chain.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100

Finale Inventory

AUGUST 4, 2024

Using such software can optimize your inventory management and reduce the risk of over or understocking. Moreover, inventory management software provides valuable insights through data analytics. Consider the following: Dealing with Supplier Issues Reliable suppliers are crucial for obtaining high-quality raw materials.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52

EazyStock

MARCH 17, 2021

This is a major byproduct of globalization, as suppliers are increasingly international. To continue with the COVID-19 theme: air travel came to a halt with COVID-19, impacting the industries that support travel such as hospitality, airport suppliers, even airplane parts suppliers and manufacturers. Transportation Failures.

Supply Chain Optimization 78

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency supply chain budgeting 78

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Jaggaer

JUNE 23, 2020

Before seeking out new suppliers or distribution carriers, pharmaceutical companies need to run a full analysis to understand how their worldwide distribution is mapped and what type of potential optimization we are actually talking about. So how should a pharmaceutical company approach supply and distribution chains? Mapping and Optimizing.

Networking 72

Networking Supply Chain Optimization Supply Supply chain 72

HICX

OCTOBER 12, 2023

We spoke with Costas Xyloyiannis, CEO of HICX whose supplier experience management (SxM) platform removes the friction from supplier relations. Simply replacing one S2P platform with another will not make a substantial difference; a slicker interface won’t improve your processes or drive better adoption with your suppliers.

Procurement 52

Procurement Suppliers Supply chain Consumer demands 52

Supply Chain Opz

MARCH 26, 2015

8) Go beyond unit cost In supplier selection/negotiation process, the first priority for most buyers is to find cheap suppliers (and other selection criteria are usually ignored). And you know well, cheap suppliers always make the delayed delivery. Would it be nicer if we don''t have to deal with this kind of supplier at all?

Inventory 63

Inventory Inventory control Management Supply Chain Efficiency 63

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.

Quality 124

Quality Data Supply Chain Optimization Supply Chain Efficiency 124

Supply Chain Game Changer

NOVEMBER 14, 2018

All purchase order activity can be managed electronically. You do not need to phone your Supplier or your Carrier to find out where your goods are. Advanced robotics can be implemented within both your Manufacturing facilities and your Distribution Centres and all movement can be monitored, managed and adjusted from a Control room.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply chain Supply Leadership 73