Procurement Tactics

MARCH 22, 2023

Demand Pressure The renewing of China’s steel and construction industry after its strict Covid lockdown doubles the demand for iron ore as China is already the biggest iron ore importer since 2018, accounting for almost 70% of iron ore imports globally.

Price 194

Price Export Demand Supply Chain Efficiency 194

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

Jaggaer

NOVEMBER 12, 2019

The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy. Another disadvantage is that suppliers see little or no value. Solutions that provide better alignment between supply chain and procurement management.

Collaboration 78

Collaboration Suppliers Data supply chain software solutions 78

SCMDOJO

OCTOBER 7, 2022

Logistics is the central system that controls physical inventory flow in a supply chain. Similarly, Logistics KPIs indicate the logistics’ total efficiency and direct the managers to carry out operations optimally. Productivity attribute signifies the Logistics’ day-to-day operational efficiency.

Logistics 137

Logistics Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 137

Supply Chain Game Changer

SEPTEMBER 5, 2019

Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. As buyer and suppliers aren’t we all living in the same ocean, existing in the same ecosystem, and working towards the same value creation? The common enemy: the complexity of the global supply chain.

Suppliers 54

Suppliers Supply Chain Efficiency Buyers Supplier relationship management 54

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Interestingly there are many views on how to define Supply Chain.

Supply chain management 72

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 72

Supply Chain Game Changer

MARCH 20, 2019

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 79

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. between 2018–2023 (MarketWatch 2020). Subscribe Here! Email Address. It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Supply Chain Game Changer

JANUARY 21, 2021

Subscribe to Supply Chain Game Changer. Trillion USD, reported in 2018 ( wto.org 2019 ). Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Visibility and trust is a hot commodity in modern supplier management. Source: Deloitte CPO Survey 2018.

Data 85

Data Procurement Supply Chain Efficiency Procurement team 85

Supply Chain Game Changer

NOVEMBER 19, 2018

The application of blockchain in the supply chain is among the greatest innovations to take root in the shipping industry. Even though the technology is still new, its potential cannot be ignored, and supply chain executives need to know why. Supply Chain Executives May Not Understand Blockchain Technology.

Supply Chain Efficiency 54

Supply Chain Efficiency Supply chain Real-time Visibility e2e 54

Procurement Tactics

NOVEMBER 21, 2022

Ultimate Supplier Plotting Checklist 2022. For example, switching to energy-efficient equipment and reducing packaging on consumer packaged goods can help you save money in the long run. . Google earned the Reputation Institute’s highest CSR score in 2018 as it uses 50% less energy than other companies in the world. .

Ethics 209

Ethics Sustainability Import Supply Chain Efficiency 209

Supply Chain Game Changer

DECEMBER 19, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Article written for Supply Chain Game Changer by Ralf Llanasas at heroicsearch.com. Supply chain managers are often at the forefront of these developments. Subscribe Here! Email Address.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 62

Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. Since Logward’s foundation in April 2018 he is in charge as CEO. You avoid that by listening properly.” 44.17] The future for Logward.

supply chain budgeting 59

supply chain budgeting supply chain software solutions Supply Chain Optimization e2e 59

SupplyShift

NOVEMBER 30, 2018

There are many compelling reasons for international businesses to ensure that their global supply chains are free from ethically or environmentally questionable practices. A growing number of corporations are being held financially accountable when a supplier’s negligence turns into tragedy.

Supply Chain Efficiency 52

Supply Chain Efficiency Contract Supply chain Ethics 52

Value Match

JULY 28, 2022

In 2019, there were reportedly 74,155 fires in The Amazon rainforest (supplies 20% of earth oxygen). This was a year on year in increase of 85% since (2018), according to a Washington Post report. One of the most common falsehoods is that “deforestation is only driven by food and packaging supply chains”.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Contract 52

Supply Chain Game Changer

NOVEMBER 19, 2018

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Digital transformation of the supply chain will change everything – for the better.

Supply Chain Efficiency 45

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 45

Supply Chain Game Changer

NOVEMBER 18, 2018

Blog post originally published by, and permission to publish here provided by, Argentus a boutique recruitment firm focused on Supply Chain and Procurement. Check out Food Waste and World Hunger – The Food Supply Chain is Broken! Everyone knows that the cannabis industry is a boom market: it’s worth $7.3B

Agile and Lean Supply Chain 56

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 56

Supply Chain Game Changer

NOVEMBER 14, 2018

Supply Chain professionals however are uniquely positioned to make dramatic impacts on the environment. In Supply Chain we are involved in the entire breadth of activities in most any company. The Supply Chain Environmental Model. Supply Chain Carbon Footprint Reduction. Reduce energy usage.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What’s The Difference Between Logistics and Supply Chain Management? But to anyone who works in Supply Chain, in particular with a title including either the term Logistics or Distribution, or if you work in a Distribution Centre or for a Logistics company, then there are distinct differences between these words.

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

NLPA (Next Level Purchasing Association)

JULY 11, 2022

Supply chain management is critical to achieving several business objectives. Read about how a British supercar manufacturer took control of its supply chain management and became more efficient and profitable. This bottleneck caused issues up and down the supply chain. Client Introduction.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Quality 52

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. The pairs of equal opposites attract and complement each other” ( worldhistory.org 2018 ). CPOs “gave supply chain sustainability a ranking of 7.2 Subscribe Here! Email Address. Featuring Our 12 Best Procurement Articles! out of 10, on average — an increase from 6.2

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Procurement Heads

AUGUST 11, 2022

When did your interest in procurement and supply chain begin? I am an extrovert, so it was very easy for me to picture myself doing those negotiations with suppliers. How did you engineer your career path to the point you are now at as Head of Supply Chain? Why is that?

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

Supply Chain Game Changer

NOVEMBER 18, 2018

Check out Blockchain in the Supply Chain is a Game Changer! It’s a word that was rarely used or even heard of in Supply Chain not that long ago. Further it is often used in the context of being a necessary and integral part of any Digital Supply Chain Strategy. Subscribe Here! Email Address.

Supply Chain Efficiency 84

Supply Chain Efficiency Supply chain Sourcing Logistics 84

Supply Chain Game Changer

JUNE 10, 2020

Subscribe to Supply Chain Game Changer. What is Supplier Relationship Management (SRM)? Procurement Leaders’ research has shown that “for workflow assignment and supplier relationship management (SRM) , more than 60% have no tools or rely primarily on improvised systems using Microsoft Office. Subscribe Here!

Suppliers 56

Suppliers Supplier relationship management Procurement team Supply Chain Efficiency 56

SPLC (Sustainable Purchasing Leadership Council)

MAY 18, 2018

2018 LEADERSHIP AWARDS FOR SUSTAINABLE PURCHASING. As a leader in sustainable supply chains, Bon Appétit helped define what it means to source local food through a number of local food programs and extensive partnership programs with nearly 1400 local suppliers. Leadership Award for Supplier Engagement: Royal Philips.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

Supply Chain Game Changer

DECEMBER 22, 2021

Subscribe to Supply Chain Game Changer. Ensure that you create a fast, efficient, and streamlined eCommerce shipping process. You should also diversify your product suppliers. With this, if one supplier runs out of stock, you can source from another supplier to fulfill your orders. billion packages in 2018.

Order Fulfillment 96

Order Fulfillment supply chain software solutions Supply Chain Efficiency Inventory 96

Supply Chain Game Changer

NOVEMBER 10, 2018

Brands labeled with Green Supply Chains have started becoming synonymous with sustainability, trustworthiness, quality and forward thinking. I don’t mean to come off snarky, but there is a clear-cut discourse that has formed between brands actualizing supply chain sustainability, and those who are marketing supply chain sustainability.

Supply Chain Efficiency 46

Supply Chain Efficiency Supply Chain Optimization Sustainability Supply chain 46

Supply Chain Game Changer

NOVEMBER 15, 2018

Some were already considering applications for Blockchain technology within their P2P systems, while others didn’t have a central supplier database. As one can see from the statistics below, taken from Deloitte’s 2018 CPO Survey, procurement leaders themselves don’t believe in the potential impact of their digital procurement strategies.

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain software solutions Procurement Procurement team 53

Supply Chain Game Changer

JULY 3, 2019

Subscribe to Supply Chain Game Changer. The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? It’s created at our suppliers. Suppliers and partners. Clearly, you need the means to communicate this to suppliers. Subscribe Here! Email Address. Sustainability. Source Smarter.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

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 Game Changer

NOVEMBER 9, 2018

How can you tell if your Supply Chain is broken? But before the situation gets to those extremes what are the clues that your Supply Chain is not working as well as it could, or should? But before the situation gets to those extremes what are the clues that your Supply Chain is not working as well as it could, or should?

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 43

SupplyShift

NOVEMBER 30, 2018

There are many compelling reasons for international businesses to ensure that their global supply chains are free from ethically or environmentally questionable practices. A growing number of corporations are being held financially accountable when a supplier’s negligence turns into tragedy.

Supply Chain Efficiency 40

Supply Chain Efficiency Contract Supply chain Ethics 40

Supply Chain Game Changer

NOVEMBER 25, 2018

But this evolution in the supply chain, and for last mile fulfillment in particular, doesn’t end with retail. From restaurant chains to supermarkets to pharmacies to service providers, the world of logistics is experiencing unprecedented change. But transparency can go far beyond efficiency, comfort and value.

Logistics 58

Logistics Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 58

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. These are predominantly focused on indirect spend and transactional efficiency. And stepping up, they indeed are.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 25, 2018

Check out McDonald’s Supply Chain Challenge: Switching from Frozen to Fresh Burgers! There’s another unfortunate entry in the annals of Supply Chain failures that burst into the wider world of business and pop culture: More than half of the UK’s Kentucky Fried Chicken stores recently closed because they ran out of chicken!

Supply Chain Efficiency 53

Supply Chain Efficiency Supply chain Supply Logistics 53

Supply Chain Game Changer

NOVEMBER 12, 2018

Check out What Exactly Is Supply Chain Management? But the Supply Chain team is uniquely positioned to bridge all of these silos and islands. Supply Chain is truly the link that can hold your company together! The Role of the Supply Chain Team. Subscribe Here! Email Address.

Supply Chain Efficiency 43

Supply Chain Efficiency Supply chain Real-time Visibility e2e 43