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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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Achieving Chemical Supply Chain Optimization with CLX LaneLogix

CLX Logistics

They also recognized the need to look beyond their own data, and wished for experienced input on their procurement strategy. The CLX Logistics Solution CLX Logistics implemented CLX LaneLogix to increase supply chain visibility and enable faster, more optimized bidding, benchmarking, and procurement solutions. Download this case study!

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Maximize Ecommerce Supplier Relationships

Ship Monk

The fact is, most business owners think of procurement as nothing more than a transactional relationship. A PricewaterhouseCoopers study showed that after negotiating a contract, an average of 25% of the savings were lost during the implementation process. Was it the last time you placed an order? The last time you signed a contract?

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Top 3 challenges facing manufacturers and how to overcome them

SYSPRO Smarter ERP

A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. In fact, 46% of businesses in our 2020 study felt that their systems lacked the insights that were needed to respond to the change.

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5 Reasons How RFPs Help in Selecting the Right Logistics Technology Platform For Your Enterprise-Level Business

Locus

Enter the Request for Proposal (RFP): a strategic tool that goes beyond mere vendor selection. It’s a comprehensive approach that empowers companies to streamline their procurement process, ensuring alignment with their long-term objectives and operational requirements. How to resolve this conundrum?

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Successful Product Innovation Requires Supply Chain Insight

Material Handling and Logistics

A new study from the University of Tennessee, Knoxville’s Global Supply Chain Institute suggests some of the fault resides in the tendency of organizations to omit supply chain considerations when assessing a new product’s business case. “A It also outlines nine best practices to ensure that new product initiatives increase value.

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Health Check Your Supply Chain for Inefficiencies

Talking Logistics

Decentralized procurement of various logistics services limit leverage opportunity, cost reduction and efficiency enrichments. Are trustworthy KPI’s available and analyzed with appropriate business intelligence tools that allow a solid grip on the supply chain, and your logistics providers?