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2023 Purchasing Supply Chain Optimization 
Procurement Tactics
DECEMBER 7, 2022
Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.
Procurement Tactics
DECEMBER 21, 2022
33 Procurement Interview Questions in 2023. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. .
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
SCMDOJO
JANUARY 9, 2025
By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions.
ivalua
FEBRUARY 10, 2023
per cent in January 2023, down from 9.2 These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques. Unchecked inflation can not only damage profitability and hinder growth opportunities but also impact long-term success.
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ivalua
MARCH 5, 2023
Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Paris! March 6, 2023 | | Ivalua NOW by Eloise Barnum 5 Reasons to Attend 2023 Ivalua NOW Paris – Breaking New Ground We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris.
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Arkestro
JANUARY 4, 2023
Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Ensuring continuity of supply. So, what will 2023 have in store for the procurement world? The talent shortage in procurement and supply chain is nothing new: it’s been going on for several years now.
Una
MARCH 6, 2023
9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.
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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. . Perform sustainable sourcing initiatives to optimize costs and reduce social and environmental impacts. . Ultimate Supplier Plotting Checklist 2023. Download Whitepaper →. .
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SCMDOJO
APRIL 4, 2023
If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.
Una
MAY 23, 2023
Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.
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Spend Matters
OCTOBER 19, 2023
After 12 months of intense debate, Spend Matters has just released the 2023 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. Introducing The Future 5 of 2023 Throughout the year, our analysts scour the market to find and scrutinize procurement tech newcomers. Have 5+ customers.
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.
SCMDOJO
SEPTEMBER 18, 2023
In the dynamic landscape of supply chain management, precise terminology is paramount. In this comprehensive guide for 2023, we’ve compiled a list of essential procurement synonyms, shedding light on the subtle distinctions that set each term apart.
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Una
MAY 25, 2023
Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year.
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SCMDOJO
JUNE 28, 2024
In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.
SCMDOJO
DECEMBER 28, 2023
In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.
Una
JANUARY 17, 2023
A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. By Hugo Britt | January 17, 2023. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology.
Procurement Insights
MARCH 23, 2025
“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supply chain. 500K-$1M/day downtime cost, McKinsey 2023).
IBM Supply Chain Blog
FEBRUARY 19, 2024
In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.
Spend Matters
JUNE 24, 2024
This Spend Matters Vendor Analysis updates our coverage of SourceDay and its purchase order (PO) lifecycle management solution within the procure-to-pay (P2P) space. In the realm of direct materials procurement and supply chain collaboration, investments in P2P technologies have been increasing.
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.
Spend Matters
FEBRUARY 13, 2025
In January 2023, Ron joined Utz to lead procurement through this transformational period. This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. So there was a lot of opportunity to do more and make a bigger impact.
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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. For a more in-depth understanding of Rod Sherkin’s insights on supply chain management and procurement, you can watch his interview on Supply Chain Now.
Spend Matters
OCTOBER 4, 2023
Market trends in procurement technology 2023 — Drawing from the information gathered during the data-driven process called SolutionMap and the general knowledge our analysts have gained from their work, the Spend Matters analyst team shared notes on the changes and trends they have seen in the procurement landscape.
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Procurement Insights
MAY 26, 2024
Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. These changes culminated in a $20 endless shrimp promotion in 2023 that would come back to haunt Red Lobster.
Spend Matters
MAY 29, 2024
As we wrote in our recap of the EMEA Ivalua NOW conference, the company now has 950 employees, over 2,000 certified consultants, and collected over $180 million in 2023 revenue. Khuat-Duy also noted that Ivalua was profitable in 2023. Hazziez illuminated how the healthcare industry optimizes its supply chain.
Pipefy
JANUARY 9, 2023
Supply chain risks heightened by geopolitical conflict. 2023 will serve as a chance to reset, rebuild, and forge a path forward by implementing technology that delivers process excellence, drives innovation, and empowers procurement teams to do more despite fewer resources. . 5 procurement trends for 2023.
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.
Arkestro
DECEMBER 5, 2022
Technology innovations have been massive, changing how food is grown, processed, and purchased. These disruptions have exposed the fragility of global supply chains. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience. harvested wheat is the lowest since 1888.
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. Group purchasing can also help mitigate risk by diversifying the supply chain.
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Una
MAY 23, 2023
Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.
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EazyStock
FEBRUARY 1, 2021
trillion by 2023 , indicating a need for more robust online sales strategies. For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.
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., An Analysis by Ivalua Read More : What is Source to Pay Best Practice?
130 
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. Deloitte released a report on the 2023 chemical industry outlook. Preparing for challenges is critical.
EazyStock
APRIL 18, 2023
Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. in 2023 and 4.3% Demand falls.
Procurement Insights
APRIL 4, 2025
What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology? What is worth noting is that the degree of collaboration between the different purchasing organizations was not clearly established from the beginning.
IBM Supply Chain Blog
FEBRUARY 29, 2024
In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. trillion in 2023. Others are working renewables into municipal infrastructure by installing solar-powered streetlights or purchasing electric school buses and other vehicles.
Pipefy
JULY 24, 2024
Nearly half of respondents to a 2023 Salesforce study reported that they have used generative AI; over one-third use it daily. AI-powered tools can take organizations to new heights of productivity by optimizing their processes, which is why many businesses are using them to increase their bottom line.
Una
FEBRUARY 15, 2023
By Mackenzie Oakley | February 16, 2023 Search What if you could save money on food purchasing while increasing operational efficiency, all without sacrificing quality or adding to administrative burdens? Product optimization Proper menu design and product selection can help businesses reduce food waste and minimize costs.
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Spend Matters
DECEMBER 21, 2023
Procurement needs to think AI-first in 2024 and beyond The generative AI wave of 2023 truly brought us into the AI economy, with companies realizing how advances in AI have the potential to transform key processes and workflows that underpin how they operate and generate value.
Una
MAY 25, 2023
Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Search Things were looking so bright at the beginning of the year.
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Let's Talk Supply Chain
NOVEMBER 6, 2023
In today’s episode of Women In Supply Chain, I’m joined by T.J. Kragenbrink – former calculus teacher and Harvard alum turned actuarial studied work-from-home mama, driving operational efficiencies in the post-purchase return experience for busy consumers everywhere. After achieving her master’s from Harvard, T.J.
Una
MARCH 14, 2023
Characteristics of a Procurement Intrapreneur Discover the characteristics of a procurement intrapreneur, and explore why intrapreneurship and group purchasing go so well together. By Hugo Britt | March 14, 2023 Search Since Una launched nearly 10 years ago, we’ve had conversations with every type of procurement professional.
97 
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.
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