SCMDOJO

OCTOBER 28, 2024

By understanding the S&OP process, procurement teams can make more informed decisions, improve supplier relationships, and support overall business growth. They can get involved in the Demand Review of S&OP and see the NPI pipeline and also any changes in product design changes and communicate with suppliers proactively.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

Procurement Tactics

APRIL 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Identifying Suppliers — Embracing Sustainability Identifying suppliers is crucial as they supply all the needs of every business to continue its daily operation. What are Sustainable Suppliers?

Sustainability 182

Sustainability Suppliers Supply Chain Efficiency Procurement strategies 182

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Workshops on negotiation and supplier relationship management.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

RPF360

DECEMBER 15, 2022

However, ensuring quality and effectiveness is just as important. Explore how to create and use a supplier scorecard to measure and optimize vendor performance. The post How to use a supplier scorecard: Guide, examples and best practices appeared first on RFP360. Maintaining vendor relationships is crucial to your business.

Suppliers 181

Suppliers Vendor relationships Quality Import 181

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. Their versatility is an advantage in heavy work.

Price 211

Price Suppliers Negotiation Purchasing 211

Skill Dynamics

DECEMBER 4, 2024

As a procurement professional, ensuring your suppliers are acknowledging the role of sustainability within their practices is highly important for, not only the obvious – improving the planet – but building effective relationships and meeting your company’s objectives. What Should a Supplier Sustainability Assessment Contain?

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Ethics 52

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Dropshipping Suppliers — Pricing & Reviews The US dropshipping market reached an estimated amount of $15.64 Top 10 US Dropshipping Suppliers Study Procurement Study Negotiations 1.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Procurement Tactics

OCTOBER 17, 2022

Supplier Onboarding — The Ultimate Guide . Supplier onboarding in a company can start slowly as its complexity requires the collection of information carefully. In this article, we will discuss what supplier onboarding is. Once you are done reading this article, you will have an in-depth knowledge of supplier onboarding.

Suppliers 175

Suppliers Negotiation Procurement Strategy 175

Procurement Tactics

JUNE 27, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 9 Meat Suppliers In The US — Reviews, and Pricing The US Department of Agriculture announced that the meat production across the country is lower compared to the previous year’s output.

Price 162

Price Suppliers Negotiation Quality 162

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

SCMDOJO

MAY 10, 2023

However, the success of an ERP system largely depends on the quality of its master data. Poor quality master data can lead to errors, delays, and inconsistencies, which can have serious implications for an organization’s bottom line. These systems help organizations to manage their resources more efficiently and effectively.

Quality 124

Quality Data Supply Chain Optimization Supply Chain Efficiency 124

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best UK Drop Shipping Suppliers 2023 — Pricing & Reviews The drop shipping industry is saturated but it is still a profitable business in 2023. 8 Considerations When Choosing Dropshipping Suppliers 1.

Price 163

Price Suppliers Negotiation Quality 163

The Thomas Blog

JANUARY 15, 2025

Here at Thomas , we've been powering North Americas largest and most active network of B2B buyers and industrial/commercial suppliers for more than 120 years. We understand the challenge of finding the best and most reliable suppliers. Thomas makes it easy to filter search results to find the suppliers that fit your needs.

Sourcing 98

Sourcing Export Suppliers Quality 98

Procurement Tactics

JULY 20, 2023

Fluxes Limestone is an important element in the steelmaking process as it removes steel impurities and improves its quality. The Top 6 US Stone Suppliers Natural stone is a popular choice for both interior and exterior applications and the United States is home to some of the leading stone supplier companies in the world.

Price 186

Price Suppliers Negotiation Sustainability 186

Procurement Leaders

MARCH 26, 2024

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Moreover, Toyota, in particular, had set up ingenious systems for collaborative product development by delegating tasks to its closely connected suppliers – its supplier keiretsu.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

SCMDOJO

JULY 28, 2022

However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. So, where does the Supplier registration fit in?

Suppliers 132

Suppliers Bidding Purchasing Quality 132

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% Now, it’s time to choose wholesale jewelry suppliers.

Suppliers 146

Suppliers Price Negotiation Purchasing 146

SCMDOJO

JANUARY 29, 2025

Supplier Performance Evaluating supplier performance based on key metrics such as on-time delivery, quality of goods received, adherence to agreed-upon terms, and responsiveness to inquiries. Mitigate Risks: Identify and proactively address potential supply chain disruptions, such as natural disasters or supplier issues.

Supply Chain Optimization 98

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

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

Procurement Leaders

JULY 10, 2023

While the reflex for many will be to squeeze suppliers, this isn’t the solution. Pressuring suppliers to drop prices only limits the resources with which they can work. Through trustworthy supplier data: the foundation on which brands can work together with all their suppliers towards cutting costs without conceding these vital goals.

Suppliers 147

Suppliers Data Risk Sustainability 147

Spend Matters

OCTOBER 30, 2024

These issues can affect direct suppliers, but they can also occur anywhere throughout the supply chain, e.g., sub-tier suppliers, shipping and other logistics service providers. Finding new sources of supply: Securing alternative sources of supply from unaffected suppliers is time-consuming and not without risk.

Risk 105

Risk Buyers Suppliers Supply chain 105

Supply Chain Dive

JANUARY 17, 2024

The company is also sending its own team to review supplier Spirit AeroSystems’ operations in the wake of the Alaska Airlines incident.

Quality 128

Quality Suppliers 128

Procurement Tactics

FEBRUARY 19, 2023

Many users are amazed at how ChatGPT can provide human-quality responses when they are asking questions. Sourcing suppliers ChatGPT can help procurement professionals to identify potential suppliers by analyzing supplier data. Although it may exhibit high grammar qualities and sophisticated ideas, it lacks insights.

Procurement 287

Procurement Market analysis Contract Suppliers 287

Supply Chain Dive

FEBRUARY 8, 2024

The Boeing supplier vowed to increase inspections, improve training and add automation to its processes after last month's Alaska Airlines incident.

Quality 130

Quality Suppliers 130

ivalua

MARCH 18, 2021

The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

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

Procurement Leaders

MAY 7, 2024

As we know, having knowledge of who our suppliers are is one thing, but it’s quite another to have a good understanding of who our suppliers’ suppliers are – not to mention those even further beyond. In a complex, risk-riddled world, such visibility is crucial and can bring meaningful competitive advantage.

Strategic planning 236

Strategic planning Suppliers Supply chain Quality 236

Spend Matters

JANUARY 7, 2025

Think of all suppliers as partners integral to operational efficiency. Poor supplier performance can lead to delays, unmet project timelines and increased costs, ultimately affecting your organizations ability to meet its goals. This isnt something to take lightly.

Procurement 112

Procurement Purchasing Vendor relationships Suppliers 112

Spend Matters

MARCH 10, 2025

In today’s competitive business landscape, procurement departments face constant pressure to optimize costs while maintaining the quality of goods and services. By providing deep insights into purchasing patterns, supplier performance and areas for cost reduction, spend analytics can transform raw data into actionable intelligence.

Buyers 107

Buyers Quality Purchasing Data 107

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. These risks may include supply chain disruptions and quality issues.

Supplier negotiation 105

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 105

Procurement Leaders

DECEMBER 9, 2022

Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships. We have refocused some of our efforts on making Ferring higher on the priority list of our strategic suppliers. Why are they so important?

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. Their versatility is an advantage in heavy work.

Price 130

Price Suppliers Negotiation Purchasing 130

ivalua

MARCH 16, 2020

For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Spend Matters

NOVEMBER 29, 2023

Supplios is a supplier collaboration platform built specifically to help manufacturers work with their direct-material suppliers. The platform has built-in functionalities for supplier management, direct material sourcing and procurement, supplier onboarding, supplier quality and supplier performance management.

Suppliers 111

Suppliers Sourcing Management Collaboration 111

Procurement Tactics

MARCH 16, 2023

Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods. Procurement Strategy This key element of strategic procurement is a long-term plan that ensures purchased goods and services from suppliers at the agreed terms, quality, and delivery time are cost-effective.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Tactics

MAY 22, 2023

An RFP (Request for Proposal) evaluation criteria are the standards and benchmarks used to assess the quality and suitability of proposals submitted in response to an RFP. This ensures that all suppliers are given a level playing field and helps to avoid any potential risks or compliance issues. What are the RFP evaluation criteria?

Bidding 212

Bidding Budget Negotiation Quality 212