Procurement Insights

NOVEMBER 26, 2023

EDITOR’S NOTE: This post was originally published in the Procurement Insights blog on December 3rd, 2007 – almost 16 years ago. Recognizing “the challenging piece” is linked” to understanding “the kind of interaction you want to resolve with customers and supply chain partners.”

supply chain software solutions 72

supply chain software solutions Supply Chain Efficiency Supply chain Real-time Visibility 72

Jaggaer

APRIL 9, 2025

If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. In addition to manufacturing or production, ERP then expanded to include finance, accounting, order management, supply chain management, payroll, and HR.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

ivalua

APRIL 2, 2019

Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

SCMDOJO

FEBRUARY 19, 2024

Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality. – JIT deliveries cause congestion in the supply chain which leads to delays, pollution, shortage of workers, etc. – Lastly, Not applicable to all industries.

Agile and Lean Supply Chain 98

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

SCMDOJO

SEPTEMBER 4, 2023

Accordingly, if organizations want to succeed and grow in the long-term, they need to cooperate, organize, and manage their logistics very wisely and mitigate its problems and risks simultaneously. LSPs generally endow tremendous inventory management and warehousing solutions, conveyance of orders and international logistics.

Logistics 98

Logistics Supply Chain Efficiency Supply Chain Optimization Negotiation 98

Procurement Insights

FEBRUARY 24, 2025

My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern Supply Chain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., Monte Carlo) used to determine supply chain optimization.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Import Procurement 52

Procurement Insights

MAY 27, 2024

Here is the paragraph: “Back in 2002, Greg Brady , a supply chain visionary, and Ranjit Notani , a pioneer in multi-enterprise collaboration technology, came to the conclusion that the traditional paradigm of business-to-business collaboration built around enterprise-centric software was fundamentally flawed. ” 30

Real-time Visibility 81

Real-time Visibility supply chain software solutions Supply Chain Efficiency e2e 81

Procurement Insights

APRIL 9, 2025

Its spend management was fragmented, often requiring tools like Concur. Supplier Focus: Ramps supplier management is buyer-centric (e.g., Competition Scope: Amexs broader portfolio (consumer cards, travel) dilutes its ProcureTech focus, unlike Ramps laser-targeted spend management. PO syncing, bill pay). PO syncing, bill pay).

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Leadership 59

Procurement Insights

MARCH 1, 2024

In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies originating on the front lines. This is the cornerstone of agent-based modeling. Delivery performance and product quality also improved dramatically.)”

Procurement 87

Procurement Supply Chain Efficiency Buyers Quality 87

Supply Chain Opz

SEPTEMBER 1, 2013

7 Laws of Successful Supply Chain Alliances. In order to increase the efficiency of the whole supply chain, modern businesses relies on the stronger and closer relationship with their trading partners. 3) Operational Alliance (constant communication about capacity and demand/supply issues). Basic Concept.

Supply Chain Efficiency 49

Supply Chain Efficiency Supply chain Supply Supply chain management 49

Procurement Insights

OCTOBER 26, 2023

As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend , vendor rationalization , and change management. This disconnect meant that other measures had to be taken.

Change management 69

Change management Management Contract Buyers 69

Supply Chain Opz

MARCH 14, 2015

In order to increase the efficiency of the whole supply chain, modern businesses relies on the stronger and closer relationship with their trading partners. In this article, the basic supply chain alliances concept together with the critical success factors will be presented.

Supply Chain Efficiency 45

Supply Chain Efficiency Supply chain Supply Quantity 45

Procurement Insights

DECEMBER 13, 2024

1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Procurement Insights

DECEMBER 6, 2023

When I started writing this blog in May 2007, one of the reasons was to provide unknown companies such as Coupa, Zycus, and others with a venue through which they could connect with a wider and more direct audience. Ensuring they are best placed to reduce costs, manage risk and increase their efficiency, helping to maximise margins.”

Raw materials 72

Raw materials Price supply chain budgeting Supply Chain Efficiency 72

Procurement Insights

AUGUST 16, 2024

2007 – [link] “Process understanding starts and ends with the premise of centralized visibility and departmental empowerment. “It In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies on the front lines.

Procurement 52

Procurement Supply Chain Efficiency Management Supply chain 52

Procurement Insights

NOVEMBER 23, 2023

Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm ( Mulligan and Gordon , 2002).

Suppliers 72

Suppliers Buyers Risk management Supply Chain Optimization 72

Supply Chain Collaborator

MARCH 17, 2015

The short version is that 2014 came darn close (with 86 trucking and logistics companies acquired) to beating the record of 90 acquisitions set in 2007. To a lesser degree, there have been financial acquisitions too wherein investment companies seek to capitalize on the high demand and low supply of drivers.

Logistics 68

Logistics Buyers Supply Chain Efficiency Influencing 68

Supply Chain Game Changer

FEBRUARY 12, 2019

Imagining the Supply Chain of the Future! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer.

Leadership 50

Leadership Supply Chain Efficiency supply chain software solutions Supply chain 50

Supply Chain Trend

DECEMBER 13, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Procurement Insights

OCTOBER 11, 2024

2007 – [link] “Process understanding starts and ends with the premise of centralized visibility and departmental empowerment. “It In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies on the front lines.

Risk 52

Risk Supply Chain Efficiency Price Procurement 52

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner. 4 Tips for stock-keeping companies during an economic downturn 1.

Strategy 52

Strategy Supply Chain Optimization Inventory supply chain software solutions 52

IBM Supply Chain Blog

JUNE 1, 2023

The rule proposal would require US publicly traded companies to disclose annually how their businesses are assessing, measuring and managing climate-related risks. The SEC’s rule proposal aims to harmonize emissions reporting, ensuring data is comparable and transparent for shareholders, investors and the public.

Risk 56

Risk Sustainability Data Management 56

Procurement Insights

AUGUST 30, 2023

As you read this post originally published in May 2007 about “enabling technology and the emergence of the metaprise,” can the three-stage implementation framework be as successful today as it was back then? The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

The Procuretech Podcast

SEPTEMBER 22, 2022

This was around 2007. How do you complement the performance or the requirements of the service technician with the objectives of hitting an SLA but doing it on a cost efficient basis where you were not paying a lot to get these products? . We have to look at data management, and what we do with that data.

Procurement 40

Procurement supply chain software solutions Supply Chain Efficiency Buyers 40

Procurement Insights

MAY 29, 2024

Although a better term may be “significant cut,” as the good doctor has eliminated the entire category of Contract Lifecycle Management (CLM) solutions. Here are the reasons Elouise gives for this merciful exclusion: All Contract Lifecycle Management (CLM) solutions have been dropped.

Risk management 40

Risk management Risk Management Contract 40

Procurement Insights

DECEMBER 26, 2023

For anyone following this blog since its first post in May 2007, this will sound like a “broken record” – the key to successful digital transformation is to use an agent-based versus equation-based model. strand commonality also includes factors such as the time-of-day (TOD) orders are placed impact on commodity types.”

Leadership 72

Leadership Supply Chain Optimization Inventory Procurement 72

Procurement Insights

NOVEMBER 26, 2024

Below is Part 6 of the 7-Part Dangerous Supply Chain Myths series , where I provide an extensive breakdown of the ISM, CAPS, and AT Kearney report originally released in May 2007. Next Installment: Dangerous Supply Chain Myths (Part 7) – Enabling Technology: The Emergence of the Metaprise 30

Procurement 80

Procurement supply chain software solutions Supply Chain Efficiency Supply chain 80

Procurement Insights

APRIL 8, 2025

1999 – I introduced the Metaprise model (RAM) 2007 – In Dangerous Supply Chain Myths (Part7) , I write about the Metaprise in greater detail, including the results of its implementation in a production environment (Department of National Defence). Hansen ( 4 ).

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

JANUARY 8, 2025

EDITOR’S NOTE: In 2007, I wrote what is still one of the most popular posts on this blog: “ The Ariba Interviews: Re-engineering the Future ofOn-Demand. SAP Ariba A global leader in procurement software, offering a comprehensive platform for spend management, supplier management, and procurement automation.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Optimization Networking 52

Procurement Insights

MARCH 12, 2025

“What is most interesting about Zycus tremendous growth rate is that it is indicative of the evolution (some would even suggest fruition) of a trend first presented in a Procurement Insights post from August 31, 2007.Titled Scope : Still systemic, enhancing procurement efficiency (e.g., $5M-$20M What is a ProcureTech APP?

Supply Chain Efficiency 52

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