SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Supply Chain Management – A Comprehensive Introduction This foundational course by Paul Denneman is FREE. SCMDOJO offers a diverse range of courses to cater to various learning needs.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

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Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Procurement Insights

MARCH 2, 2025

Hansens ProcureTech solution, RAM (short for “Relational Acquisition Model,” based on historical context), stands out due to its pioneering approach to procurement efficiency, developed in the late 1990s and early 2000s. But 2025s ProcureTech has leapfrogged it technologically and functionally. tariffs, ESG) he couldnt foresee.

Supply Chain Efficiency 78

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply chain 78

Spend Matters

MARCH 6, 2025

In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.

Supply Chain Efficiency 73

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 73

Procurement Insights

DECEMBER 11, 2024

There are between 2 and 4 links covering the period 2007 to 2024. ChatGPT Assessment 2024 – [link] Did Gartner get it right 2009 – [link] 2. Technology is irrelevant 2024 – [link] Technology is irrelevant 2007 – [link] 3. ChatGPT – What are the top 10 procurement predictions for 2030?

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

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. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Suppose you stay ahead of trends like AI optimization, blockchain transparency, and sustainable practices. Let’s see the most common trends in 2024.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

Procurement Insights

NOVEMBER 26, 2024

According to research, the 2024 U.S. ” By proactively monitoring the associated “trends” and adapting the appropriate negotiating strategies, “organizations can mitigate risks and maintain cost efficiency.” ” – Rod Sherkin , ProPurchaser.com Inc.

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Raw materials Price Negotiation Suppliers 52

Procurement Insights

MARCH 6, 2025

To better understand the pros and cons of a GenerativeAI Gartner Magic Quadrant Mock-up, you must first understand the pros and cons of the original source, e.g., quantifying how far the AI apple actually falls from its tree or original source. Buyers might overlook Provider X if its not a Leader, even if it excels in supply chain LCA.

Sourcing 52

Sourcing supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Jaggaer

NOVEMBER 14, 2024

Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery. An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. This consolidation aimed to make supply chains more resilient.

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 79

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. This level of visibility is invaluable for several reasons.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers. The Role of Communication in Supply Chain Collaboration Communication puts collaboration in motion.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

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.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! It’s already hit most Latin American countries, India, China and Italy, but the next big wave hits France in 2024. Instant invoice approval, no supplier inquiries, and no exceptions.

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

Finale Inventory

SEPTEMBER 26, 2024

With a perfect storm of factors in play—ranging from shifting consumer habits and economic pressures to supply chain hiccups—this season will be anything but predictable. We’ll start off with general thoughts on e-commerce trends in 2024 and then get into Amazon-specific predictions. let the Q4 fun begin!

Supply Chain Optimization 111

Supply Chain Optimization Real-time Visibility Inventory Supply Chain Efficiency 111

Procurement Insights

DECEMBER 3, 2024

C-suite executives are navigating a complex landscape of challenges in 2024. Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

Spend Matters

AUGUST 15, 2024

. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. 22, at 10:00 AM PST.

supply chain software solutions 120

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 120

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. increase from 2024. trillion , a 9.3%

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Spend Matters

JANUARY 16, 2024

Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

SCMDOJO

NOVEMBER 28, 2023

Supply chain management is one of the popular courses in today’s world and the education system. It is a field that requires individuals to have technical and excellent problem-solving abilities, which are vital in enhancing efficient logistics operations in different industries. 2. David R.

Supply chain management 105

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 105

Spend Matters

JANUARY 8, 2024

In 2024, this will require continued transformation as businesses look to increase resilience, swift value delivery, combatting inflation and sustainable procurement practices. Resilience In light of increased geopolitical uncertainty and extreme weather events, the focus on strengthening supply chains against disruptions will remain.

Procurement solutions 101

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 101

Spend Matters

DECEMBER 11, 2023

Operational efficiency, AI advancements and socially-conscious spending will be key business drivers Coupa has a core philosophy of “none of us is as smart as all of us” and it’s with this spirit that our insights for 2024 are written. using supply chain digital twins to optimize supply chain networks for carbon takeout).

Procurement solutions 102

Procurement solutions supply chain budgeting Procurement Supply Chain Optimization 102

IBM Supply Chain Blog

FEBRUARY 7, 2024

In 2024, sustainability is taking center stage. And businesses across various sectors are setting rigorous sustainability goals, investing in renewable energy sources and developing innovative solutions to reduce their carbon footprint. Businesses, governments and individuals now see sustainability as a global imperative.

Sustainability 88

Sustainability supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 88

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.

supply chain software solutions 52

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

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 49% believe that global supply chains won’t fully recover to pre-Covid operational norms until 2024 or beyond. About the study. About Ivalua. .

Procurement team 130

Procurement team Supply Chain Efficiency supply chain software solutions Procurement 130

Spend Matters

JANUARY 25, 2024

In 2024, business leaders will look beyond the industry buzz for solutions that deliver real-life, AI-based use cases. I believe that the scope of procurement will not contract back to a sole focus on supply stability and cost containment. The challenge facing procurement will be how to tackle all of this successfully.

Procurement solutions 101

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 101

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

Jaggaer

MARCH 20, 2025

In such an unpredictable environment, procurement leaders are advised to take a risk-management approach, focusing on cost efficiency, contract flexibility, and strategic supplier relationships to ensure institutional resilience. These could be amended, scrapped or introduced by current and future administrations.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Spend Matters

JANUARY 4, 2024

Generative AI’s success will hinge on the professionals behind it In 2024, AI hype will reach its peak. Organizations will risk ESG non-compliance as they continue to focus on cost-cutting As inflation continues to bite and geopolitical instability persists, many organizations will be tempted to drive down supplier costs in 2024.

Procurement solutions 114

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 114

Finale Inventory

AUGUST 28, 2024

Running a small business comes with its fair share of challenges, and 2024 has been no exception. This year, supply chain disruptions have posed significant obstacles for small business owners. Two main factors have played a major role in disrupting supply chains worldwide: global events and the pandemic.

Agile and Lean Supply Chain 52

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

Arkestro

MARCH 20, 2025

As supply chains and procurement grow increasingly complex in the face of global challenges, the Executive Advisory Board serves to ensure Arkestro remains strategically positioned and innovative in an evolving market. . billionin revenue.

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Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Leadership 52

Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 release includes improvements for Source-to-Contract (S2C).

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Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52

Supply Chain Game Changer

OCTOBER 8, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Digital Supply Chain Predictions. Subscribe Here!

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

Spend Matters

JANUARY 2, 2024

In my projection for 2024, I anticipate a shift in corporate mentality. Across diverse industries, enterprises should assess where AI can bring the most value and strategize its integration to truly enhance efficiency. In fact, many of these so-called ‘revolutionary’ AI developments have failed to deliver on their hype.

Procurement solutions 102

Procurement solutions Procurement Supply Chain Efficiency Procurement team 102

Procurement Insights

MARCH 16, 2025

MCP ensures that AI-driven procurement solutions retain, process, and apply relevant context to enhance decision-making and operational efficiency. MCP ensures that previous supplier evaluations, compliance issues, and sustainability scores are factored into ongoing sourcing decisions.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Spend Matters

OCTOBER 4, 2024

The changes come in conjunction with Zip’s expansion in broader procurement orchestration and into native source-to-pay capabilities, complementing its foundational intake management focus. AI-enabled invoice coding is also offered based on historical coding patterns within the organization for more accurate suggestions.

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Sustainability Spend management Real-time Visibility Supply Chain Optimization 112