Procurement Tactics

APRIL 13, 2023

A sustainable environment aims to improve the quality of human life without putting too much strain on the earth’s supporting ecosystems. Using environmentally-friendly materials Businesses should source sustainably produced raw materials that are made from recycled materials or products produced without harmful substances.

Sustainability 195

Sustainability Raw materials Procurement strategies Negotiation 195

Procurement Tactics

NOVEMBER 8, 2022

It focuses on optimizing processes from raw materials to the final products. Hence, businesses must be proactive in making the supply chain more affordable while ensuring high quality. Plus, it changes how businesses outsource their raw materials, which can now be done online. Pivot to a Digital Supply Chain .

supply chain budgeting 182

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 182

Procurement Tactics

JUNE 8, 2023

Additionally, it allows for the analysis of hypothetical situations, enabling the optimization of operations to decrease costs, enhance service quality, and increase responsiveness. If you want to determine the source of your products, you will also need data on manufacturing and raw material costs. Why is it important?

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

Strategic Sourceror

JANUARY 20, 2023

When transportation centers near critical waterways are unable to deliver goods beyond their central distribution points, manufacturers located further inland are unable to source the raw materials needed to deliver finished products. Flooding could severely impact the resiliency of global supply chains.

Supply chain 142

Supply chain Raw materials Supply Strategic sourcing 142

SCMDOJO

MARCH 24, 2025

Strategic Sourcing: Strategic sourcing involves managing suppliers, while their selection is done through Request for Quotation (RFQs) forms from multiple suppliers to compare and evaluate them based on pricing, quality, and delivery speed. Bulk Purchases and Volume Discounts: Ordering costs increase the overall cost for the supplier.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Leaders

JULY 1, 2024

Some companies have started by focusing on raw materials or certain product lines, others on their highest-emitting suppliers or vendors with whom they spend the most money. Second, is the sheer complexity of the issue. There’s no escaping the fact that this is a technical subject and precision is crucial.

Collaboration 130

Collaboration Raw materials Agile and Lean Supply Chain Procurement team 130

Procurement Tactics

SEPTEMBER 13, 2022

From raw materials sourcing to production, storage, and delivery, it monitors if these processes may cause harm to the environment and communities. . The reduction in waste by reusing and recycling the materials establishes a balance where input is equivalent to output. .

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

Procurement Tactics

DECEMBER 26, 2022

It has heightened patient satisfaction by up to 50% and led to a quality of life improvement for direct communication between doctors and their patients. . An Air Quality Plan of the Metropolitan Area of Barcelona has brought 40 municipalities together in order to solve the air pollution problem.

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Procurement Tactics

SEPTEMBER 14, 2022

These activities range from the supply of raw materials to the distribution and the management of the lifecycle of products. . Sustainable logistics , also known as green logistics, refers to the processes and practices aimed at improving the sustainability of supply chain activities.

Sustainability 178

Sustainability Logistics Raw materials Supply Chain Efficiency 178

Procurement Tactics

JUNE 7, 2023

Purchase price variance (PPV) is a measure of the difference between the actual cost paid for a product or raw material and the standard cost that was expected to be paid. The standard price is the price that the company estimates it should pay for an item, taking into account quality level, purchasing quantity, and delivery speed.

Price 130

Price Purchasing Raw materials Negotiation 130

SCMDOJO

FEBRUARY 9, 2022

Machine parts manufacturing companies must rely on their supply chains to obtain and transport raw materials. Once they have the raw materials they need to make a product, they will need to manufacture and distribute it to a marketer to help them sell it to potential buyers. High-Quality Products.

Supply Chain Efficiency 138

Supply Chain Efficiency supply chain software solutions Supply chain Raw materials 138

Supply Chain Game Changer

APRIL 20, 2022

Within the apparel industry, the key operations within the supply chain concern the following: Movement of Raw Materials Human Resources Logistics and Transportation. Perhaps the hardest challenge looked at by this industry is the expense of cloth-making and the cost of both local and imported raw materials used for cloth-making.

Supply Chain Optimization 95

Supply Chain Optimization Supply Chain Efficiency Supply chain Raw materials 95

Let's Talk Supply Chain

FEBRUARY 26, 2025

One key obstacle is the ‍complexity of supply chains, ‍which can make it difficult to track products from raw materials to the finished goods. Predictive analytics: Anticipate potential disruptions or quality issues before they occur,allowing for proactive measures to be taken.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Raw materials 52

Supply Chain Game Changer

NOVEMBER 3, 2022

Required design changes can also come from the quality assurance department. Stockouts are devastating for manufacturers because they cannot produce goods without raw materials. Similar to stockouts, supply delays and disruptions leave manufacturers with no raw materials. Supplier Delays.

Raw materials 112

Raw materials Supply Chain Optimization Supply chain Inventory 112

Supply Chain Game Changer

AUGUST 21, 2020

A Tale of Two Companies: Different Quality Management Beliefs! Quality Management article and permission to publish here provided by HQTS Group at hqts.com. Pre-production inspections can be a good place to start with your quality control strategy. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Quality management 57

Quality management Quality Management supply chain budgeting 57

Procurement Insights

APRIL 4, 2025

Managing varied raw materials and production processes stretched supply chain resources, prompting later efforts like Project Next Century (2010) to simplify operations.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 72

SCMDOJO

OCTOBER 30, 2024

This ongoing assessment ensures that future supply chain professionals remain adaptable and committed to lifelong learning, qualities that are essential in a rapidly evolving industry. By enabling learners to track their progress over time, MTSS platforms foster a culture of self-improvement and accountability.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

Supply Chain Game Changer

SEPTEMBER 15, 2021

Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. You can’t manufacture shiny new goods without raw materials, after all.

Inventory 92

Inventory Raw materials Management supply chain software solutions 92

Arkestro

JANUARY 18, 2023

Chemical manufacturers turn an array of raw materials—gas, minerals, metals, and more—into countless products used in everyday life. Predictive procurement is the key to securing raw materials at the right price and time. Some raw materials are in short supply, and others are dangerous to extract, transport, and store.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Procurement Tactics

JUNE 5, 2023

For instance, if an organization in Europe sources raw materials from India, manufactures the product in China, and sells it to customers in its country, then its supply chain is global. As a result, it can lead to complications and problems with product quality.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Arkestro

DECEMBER 5, 2022

With globalization, raw materials may come from across the globe. Raw Materials Shortages. For instance, raw materials like wheat and corn could become more scarce with the Russia-Ukraine conflict. The company that can move more quickly will secure the contract for the raw materials that are in short supply.

Raw materials 98

Raw materials Procurement Agile and Lean Supply Chain Supply Chain Optimization 98

Procurement Leaders

DECEMBER 9, 2022

We have also started a cross-functional effort (involving manufacturing, quality, logistics and procurement together) to identify some cost-of-goods-reduction initiatives by challenging the components of our products (this will pay dividends in the long term as it is difficult to change specifications in the pharmaceutical industry).

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Procurement Insights

MARCH 25, 2025

” – Laura Barrett “Critical to getting a high-quality response to an RFP is Pre Market Engagement (PME). Enhanced Visibility into Procurement Data Challenge: Lack of a unified view across departments (purchasing, logistics, quality control).

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Procurement Tactics

AUGUST 9, 2022

Without access to raw materials or services, an organization cannot operate. Establishing and maintaining a strong vendor relationship is important to customer service, quality, cost efficiency, and market development. . The price might be low but so is the quality of materials. How do I select a vendor?

Vendor relationships 130

Vendor relationships Quality Price Bidding 130

Procurement Templates

JUNE 18, 2023

It can be due to factors such as rising wages, higher raw material prices, or increased taxes. Cost modeling: Develop cost models that consider various cost drivers, such as labor, raw materials, and energy. Dual sourcing: Consider establishing relationships with multiple suppliers for critical components or materials.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Tactics

NOVEMBER 27, 2022

Responsible consumption and production of goods are seen as an important part of the strategy to reduce poverty, improve environmental quality, and bring economic growth. . Public procurement of goods and services forms a major part of government expenditure in many developing countries.

Procurement 191

Procurement Sustainability Purchasing Raw materials 191

SCMDOJO

MARCH 6, 2022

In addition to the time duration, quantity, and price, blanket purchase orders may contain item quality standards. A construction business with regular planned work, for example, may need to buy the same raw materials on a regular basis, or an office building may require cleaning services every few weeks. Clause of cancellation.

Purchase orders 138

Purchase orders Purchasing Quantity Contract 138

Strategic Sourceror

SEPTEMBER 22, 2022

Instead of being forced to buy all-new raw materials, the reuse of end products naturally lowers what a business spends on production and procurement. Aside from being unsightly and unpleasant to smell, landfills give off toxins that leach out into the atmosphere, worsening air quality and contributing to pollution.

Supply chain 112

Supply chain Raw materials Supply Strategic sourcing 112

SCMDOJO

SEPTEMBER 24, 2024

It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. Download Free Make vs Buy Analysis Real-Life Model Key Factors in Make vs Buy Decisions Cost Breakdown : Direct Costs : Internal production involves raw materials, labor, and overhead.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 98

Procurement Tactics

JULY 13, 2022

It functions to enable the company to meet its objectives by ensuring that the materials or services are sufficient for its daily operations. . In the private sector, it is seen as helping to streamline the processes, reduce the costs of raw materials, and identify better sources of supplies. . Negotiating. Contracting.

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

Procurement Insights

MARCH 27, 2025

Enhanced Visibility into Procurement Data Challenge: Lack of a unified view across departments (purchasing, logistics, quality control). Our procurement team manages purchasing for raw materials, packaging, equipment, indirect services, and contract manufacturing.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Supply Chain Game Changer

APRIL 25, 2022

One is from your raw material suppliers. Some suppliers will deliver substandard materials meaning you have to throw them away and request more. Besides wasting materials, you’ll have wasted your financial resources, which is the exact opposite of lean manufacturing. Minimize Manufacturing-related Wastes.

Supply Chain Efficiency 106

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials Supply Chain Optimization 106

Jaggaer

OCTOBER 24, 2024

Enhanced visibility into the extended supply chain When companies and their suppliers share data and insights, they gain a clearer understanding of the entire supply chain, from raw materials to finished products. Increased customer satisfaction Ultimately, the goal of any business is to satisfy its customers.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Supply Chain Game Changer

OCTOBER 5, 2022

It helps companies to manage their resources more efficiently, reduce costs, improve quality and increase productivity. Recycling is good for the planet because it keeps all those materials out of landfills, which means less waste and fewer emissions from rotting garbage (which is bad for air quality). Green Suppliers.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Sustainability Supply chain 97

Planergy

MARCH 12, 2025

As such, you end up with better quality and compliance and shorter timelines. Improved Quality Control and Assurance Physical proximity to production facilities influences error rate and consistency. Improved Quality Control and Assurance Physical proximity to production facilities influences error rate and consistency.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Supply Chain Game Changer

OCTOBER 11, 2022

The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition. For instance, the quality of inventory storage and manufacturing efficiency impact delivery lead times. Subscribe to Supply Chain Game Changer. Operational Planning.

Supply Chain Optimization 81

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 81