SCMDOJO

JANUARY 9, 2025

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Insights

JANUARY 3, 2025

2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities. CFOs began to see procurement as critical to business continuity and organizational agility.

Agile and Lean Supply Chain 52

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

Procurement Insights

DECEMBER 3, 2024

C-suite executives are navigating a complex landscape of challenges in 2024. 2024 ) 30 What is the role of the new Agent-Based AI Operating Systems STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? STAKEHOLDER (AGENT) 2 What are the top five concerns for C-Suite executives?

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

Arkestro

DECEMBER 26, 2024

According to Gartner , 50% of large global companies are expected to implement AI and advanced analytics in their supply chains in 2025. increase from 2024. Additionally, in 2025, global spending on digital transformation tools is projected to total $5.74 trillion , a 9.3% Subscribe to news from Arkestro.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

Procurement solutions 56

Procurement solutions Procurement Chief Procurement Officer Procurement team 56

TYA Suite

JULY 17, 2024

This blog explores the integration of both approaches to build an effective procurement strategy for 2024. Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing. Limited use of technology and digital tools in procurement operations.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40