SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. trillion in 2023* , and we could see a growth rate of 18.9% Here, we get another central point, the capital. in CAGR by 2030.

supply chain software solutions 52

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

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. It can also help drive sustainability initiatives in your supply chain and procurement process. . Articulate value drivers that address cost reduction, and demand management while also considering social and environmental impacts. Ultimate Supplier Plotting Checklist 2023.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

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

Barkers Procurement

JANUARY 22, 2023

In 2023, in an uncertain economic climate, there are substantial pressures on procurement functions. A range of challenges lie ahead that could derail procurement projects, which is why, in 2023, having the support of a digital procurement service provider matters more than ever. Access to key materials and goods could be a problem.

supply chain budgeting 52

supply chain budgeting Procurement Category management Supply Chain Efficiency 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Arkestro

JANUARY 18, 2023

We explore how predictive procurement in chemical manufacturing will be strategic as we move into 2023. Some raw materials are in short supply, and others are dangerous to extract, transport, and store. Reducing costs in the industry by even a fraction has a huge impact on profitability.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Procurement Leaders

MARCH 6, 2023

Since the outbreak of Covid-19, the function has been called upon to ensure continuity of supply, source essential safety equipment, tackle the challenge of soaring prices and ensure that logistics routes continue to flow.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Procurement Tactics

JULY 20, 2023

Top 7 Concrete Products Trend in 2023 The concrete product industry constantly evolves and there are a number of trends that are expected to be popular in 2023. 3D-printed concrete is expected to become more popular in 2023 as the technology continues to mature. My 2nd purchase.’ – Adrian Estuardo Cruz ‘less weight.

Price 193

Price Suppliers Sustainability Negotiation 193

Una

APRIL 18, 2023

By Hugo Britt | April 20, 2023 Search Welcome to Una’s Pain Points in Procurement series. Are we heading for a recession in 2023? This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain. This will help reduce costs and improve the financial stability of your organization.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

Strategic Sourceror

JANUARY 20, 2023

While this can help them maintain profit margins in the short term, it only contributes to the rise of prices across the supply chain and the long-term persistence of inflation, putting businesses in a double bind. These include: 1. If they don't, they might not have the cash reserves to sustain normal business operations.

supply chain budgeting 62

supply chain budgeting Raw materials Supply chain Supply 62

ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

ivalua

MARCH 9, 2023

Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. Purchasing is also where value is captured (i.e., Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Positive Purchasing

NOVEMBER 9, 2023

In my book Category Management in Purchasing , I lay out the 5i® Category Management process in detail. 5i is a proven and effective means to help organizations drive reduced price, mitigate price increases, reduce cost, mitigate risk and drive supply-side innovation.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Zycus Cognitive Procurement

JANUARY 24, 2023

However, as 2023 starts, CPOs have a new range of challenges to tackle, such as soaring inflation and a looming recession. So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges?

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Spend Matters

JUNE 19, 2023

E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. What does an E-Procurement solution do?

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Una

JUNE 1, 2023

By Hugo Britt | June 1, 2023 Search Are you a recent graduate seeking a career path that combines strategic decision-making, problem-solving, and impactful negotiations ? Make a real impact in ESG and sustainability Procurement is not just about reducing costs ; it’s also about driving innovation and embracing sustainable practices.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

Una

MARCH 21, 2023

Learn how joining a food cost reduction program can help save money and time this camp season. By Mackenzie Oakley | March 21, 2023 Search A version of this article was originally published for the American Camp Association. From January 2022 to January 2023, consumers saw at-home food prices soar 11.3%.

Purchasing 95

Purchasing Price Contract supply chain budgeting 95

Una

APRIL 25, 2023

By Hugo Britt | April 25, 2023 Search Welcome to Una’s Pain Points in Procurement series. Pressure to reduce costs Procurement functions are often under pressure to reduce costs to increase profitability. Why are Sourcing Heroes so often time-poor in procurement?

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years. in June 2023.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Positive Purchasing

MARCH 14, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability in your supply chain, then prioritizing where and how to focus your resources to make the greatest positive impact.

supply chain budgeting 52

supply chain budgeting Sustainability Agile and Lean Supply Chain Supply chain 52

Arkestro

DECEMBER 12, 2023

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

Strategic Sourceror

DECEMBER 16, 2022

According to the analysis of Turner & Townsend, a global real estate and infrastructure consultancy, residential building materials as a whole are expected to cost 7% more in 2023 than they did this year, Supply Chain Dive reported. They're also poised to climb again in 2024, but to a smaller degree, up 2.7%.

supply chain budgeting 57

supply chain budgeting Price Influencing Buyers 57

Arkestro

NOVEMBER 14, 2023

Getting a Thanksgiving dinner from farm to table is an intricately complex affair for food and beverage procurement teams, with supply chain shortages, inflation, and rising food costs affecting consumer decisions all playing a part. Most Thanksgiving food purchases will be made the week prior to and the week of Thanksgiving.

supply chain budgeting 52

supply chain budgeting Food and Beverage Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Arkestro

SEPTEMBER 19, 2023

Resources / Blog / Autonomous Sourcing Leads to Better Procurement Outcomes Autonomous Sourcing Leads to Better Procurement Outcomes The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. However, with great challenges also come great opportunities.

Sourcing 52

Sourcing supply chain budgeting Procurement Bidding 52

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

IBM Supply Chain Blog

FEBRUARY 6, 2024

AliPay also introduced its “Smile to Pay” facial recognition application on mobile devices in 2017, which allows customers to make purchases by posing in front of point-of-sale machines. Increasing the use of cash does not reduce cost or friction in the economy. in FY 2022-2023 and is expected to be 6.3%

Networking 86

Networking Quality Collaboration Price 86

Arkestro

JANUARY 23, 2024

from 2023 to 2030. Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Risk management: Identify and address supply chain risks for uninterrupted goods/services supply.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Spend Matters

MAY 22, 2024

Fundamentally, it remains conservative, concerned mostly with purchase orders, invoices and control. And for spend: ‘What is my spend with certain supplies? How many purchase orders have there been over the year? Our interviewee suggests that: “The procurement industry itself is behind in terms of applications. It’s complicated.

Procurement 111

Procurement Data supply chain software solutions Contract 111

Spend Matters

NOVEMBER 2, 2023

And regarding that data, SAP CEO Christian Klein said recently on the Q3 2023 earnings call … “we have more than 20,000 customers who gave us consent that we use that data for showing in an anonymized fashion, that we use that data to train models — and that’s part of our contract.

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

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. For this list, we looked at procurement software that focuses on either direct materials or purchased parts. And stepping up, they indeed are.

Supply Chain Efficiency 52

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

Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This is where cross-department collaboration comes into play.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Zycus Cognitive Procurement

JANUARY 31, 2023

A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation. Reduced costs: Effective supplier relationship management brings a range of benefits to businesses. This streamlining enables more accurate forecasting of budgets over time.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Spend Matters

DECEMBER 28, 2023

An Amazon survey found 53% of procurement teams expect their budgets to increase in the coming year, with a whopping 98% planning to invest in automation, AI, and analytics and insights tools. It’s no secret that 2023 was a tough year for procurement. Indeed, in one key area they saved 88% in discrete purchases and spot buys.

Procurement 64

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 64

Positive Purchasing

MARCH 18, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability within your supply base, then prioritizing where and how to focus your resources to make the greatest positive impact.

Sustainability 52

Sustainability supply chain budgeting Budget Supply 52