Procurement Insights

JANUARY 22, 2024

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. Are you optimizing your negotiations amidst all of the chaos? So, I put the following search term into Google, “optimizing your negotiations amidst all of the chaos?

Supply Chain Optimization 81

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

Procurement Insights

JANUARY 22, 2025

The core principle of TOC is that every system has at least one constraint that determines its overall output, and by optimizing that constraint, significant improvements can be achieved. A slow supplier in procurement. Continuous Improvement: Encourages a proactive approach to process optimization.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Project management Suppliers 52

Procurement Insights

SEPTEMBER 30, 2023

This year, I will be closing in on the 2,000th blog post on Procurement Insights dating back to May 2007. Once again, when you recognize this elemental difference, you will then take the first steps towards building an effective optimization model.” So, do my writings stand the test of time?

Supply Chain Optimization 56

Supply Chain Optimization supply chain software solutions Quantity Supply chain 56

SCMDOJO

FEBRUARY 29, 2024

Managing and optimizing a supplier’s performance is as essential as it is difficult. Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. Price isn’t everything. How is it possible?

Suppliers 84

Suppliers Management Quality Import 84

Procurement Insights

OCTOBER 8, 2024

” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for Chief Procurement Officers in 2025?” What are the Top 3 concerns for Chief Procurement Officers in 2025? What are the Top 3 concerns for Chief Procurement Officers in 2023?

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Supply Chain Game Changer

FEBRUARY 18, 2020

Subscribe to Supply Chain Game Changer. 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 77

Leadership Supply Chain Optimization Logistics Supply chain management 77

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Flexible Procurement and Logistics Solutions 4.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

Procurement Software

NOVEMBER 21, 2022

Procurement is the function in companies that, on a general level, takes care of sourcing, managing vendors and tracking spend. In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. What is the role of procurement in different industries?

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Supply Chain Game Changer

JANUARY 29, 2020

Subscribe to Supply Chain Game Changer. Duration of disruption may last around for 3 years down the line but alternative scenarios range from one to five years, Disruption still underway if HSFO-LSFO spread incentivizes previously uneconomic refinery optimization. Subscribe Here! Email Address. & Why now? m/m of Sulphur cap.

Agile and Lean Supply Chain 67

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 67

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

Jaggaer

OCTOBER 22, 2020

Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Brain

JANUARY 15, 2018

Van Gundy believes the corporate landscape is different from what it was in the early 2000s and during the Great Recession of 2007-2008. So even those who say they will invest the money wisely might be unable to fully follow through on their plans. The mindset has changed a little bit,” he says.

Consumer demands 40

Consumer demands Demand Inventory Risk 40

Procurement Insights

FEBRUARY 22, 2025

ProcureTech Investments: Market Growth: The procurement software market was valued at $8.65 thebusinessresearchcompany.com Adoption Rates: A significant majority (83%) of Chief Procurement Officers have prioritized digitizing their procurement processes, underscoring the growing emphasis on ProcureTech solutions.

Chief Procurement Officer 83

Chief Procurement Officer supply chain software solutions Supply Chain Optimization Influencing 83