SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

Supply Chain Efficiency 116

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 116

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 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. CIOs recognized procurements role in optimizing IT spend and driving efficiency.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult.

Suppliers 84

Suppliers Management Quality Import 84

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. Expanding supplier partnerships. A skill shortage in human resources. A technology limitation in IT systems.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Project management Suppliers 52

Procurement Insights

APRIL 4, 2025

It also reminded me of a 2008 article I had written on the Procurement Insights blog titled Procurement considerations when dealing with a merger? What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology?

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 59

SCMDOJO

FEBRUARY 19, 2024

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – JIT deliveries cause congestion in the supply chain which leads to delays, pollution, shortage of workers, etc.

Agile and Lean Supply Chain 98

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