Procurement Tactics

AUGUST 25, 2022

Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide.

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SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

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Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

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Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. And, one of the best things about comic-book heroes is their incredible diversity.

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Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations.

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SCMDOJO

OCTOBER 7, 2024

The Global Supply Chain is thriving with each passing day. However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. Every business focuses on solutions that enhance profitability with cost optimization. What is Cost Efficiency?

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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. It’s improving carrier relationships… if we look at how often a booking is rejected, this number decreases the longer our solution is used.”

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Supply Chain Trend

JUNE 28, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Although there might be a renewed interest, a formalised integration between supply chain planning and finance is not a new idea.

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EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. The transition to cloud solutions in supply chain management.

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Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. At the crossroads of sustainability, technology, and the broader supplier base lies smart, sustainable, and scaling supply chain growth; growth that comes with a balance of people, planet, and profitability in mind. CPOs “gave supply chain sustainability a ranking of 7.2

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Supply Chain Opz

AUGUST 16, 2013

7 Secrets of Internal Supply Chain Integration. Supply chain management is said to be the integration of internal functions which expand across the companys boundary. Then, this article will provide more details about the internal supply chain integration.

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Positive Purchasing

NOVEMBER 9, 2023

I am sure you are comfortable being flexible and agile when buying something different, or sourcing from an alternative more sustainable supplier. In my book Category Management in Purchasing , I lay out the 5i® Category Management process in detail. Even with a c-suite sponsor, a mandate and a budget.

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Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . With automation, organizations can improve efficiency and compliance while reducing costs.

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Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

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Supply Chain Game Changer

FEBRUARY 9, 2022

Subscribe to Supply Chain Game Changer. 7 Reasons to Switch to Agile Project Management! An interesting and useful addition to Trello is the time and attendance software – TimeCamp, which also has functions related to the process of budgeting and invoicing the project and working hours. Subscribe Here!

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Supply Chain Trend

OCTOBER 29, 2021

If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). New Product Review, a Demand Review, a Supply Review, and a Management Business Review. Figure 1 is an image from the cover of the book.

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Supply Chain Game Changer

FEBRUARY 5, 2020

Subscribe to Supply Chain Game Changer. They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. Systems are the critical tools necessary to have a lean and efficient Procurement Department. Benchmarking” or “Should Cost” analysis. Subscribe Here!

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IBM Supply Chain Blog

APRIL 25, 2024

The methodology gained prominence with the publication of a 1990 article in the Harvard Business Review, “Reengineering Work: Don’t Automate, Obliterate,” by Michael Hammer, and the 1993 book by Hammer and James Champy, Reengineering the Corporation.

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Procurement Software

MAY 23, 2023

The recently published book looks at a 10 building blocks to ensure that procurement is both seen as a strategic function, whilst also leveraging the best from its relationships with an organisation’s core suppliers. Very few CEOs come from Procurement or Supply Chain. Hence the book! Big tech gets it.

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IBM Supply Chain Blog

JUNE 29, 2023

To maintain their competitiveness and overcome today’s challenges, manufacturers have had to make agility and adaptability top priorities. Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. Digitalization and Industry 4.0

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Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

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Una

JUNE 8, 2023

In a business with hundreds or thousands of suppliers on the books, we can’t possibly build a strategic relationship with every vendor. We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives.

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Supply Chain Game Changer

DECEMBER 13, 2018

They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. Systems are the critical tools necessary to have a lean and efficient Procurement Department. When I go into a negotiation, I most often will already have the answers at the back of the book. Now Systems.

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Planergy

SEPTEMBER 12, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. Horizontal integration refers to a company expanding its operations by acquiring or merging with other companies operating at the same supply chain level.

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Planergy

SEPTEMBER 8, 2022

Book a Live Demo. If suppliers feel like you’re constantly criticizing them or looking for ways to reduce costs, they may be less likely to want to do business with you in the future. Flexibility / Agility. Are the supplier’s costs reasonable and in line with your budget? Cristian Maradiaga.

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Planergy

JULY 21, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. You set the budget and deliverables, then work with various freelancers with a test assignment. How to gain visibility and control of your indirect spend.

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Planergy

DECEMBER 29, 2022

Book a Live Demo. That means working with agile partners, which most standard procurement strategies don’t account for. By finding the right partnerships and putting together a comprehensive plan, businesses can ensure they’re getting the most out of their marketing budget. Book a Live Demo. Cristian Maradiaga.

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Planergy

AUGUST 25, 2022

Book a Live Demo. Digital transformation in procurement Digital transformation impacts all areas of procurement, including the following: Suppliers and the supply chain Employees Reporting Customers Costs Revenue Like other areas, digital transformation can eliminate repetitive tasks, improve business agility, and reduce costs.

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The Procuretech Podcast

NOVEMBER 2, 2021

Spend Matters was founded by Jason Busch in 2004 and was one of the first Procurement and Supply Chain Blogs. The 50 To Know are the ones Spend Matters recognises at the best-in-class in the procurement and supply chain technology market. Book a call with me to see how I can help! The 50 To Know. easy to implement.

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Supply Chain Trend

JULY 28, 2018

In his book Beyond the Wall of Resistance , RicMaurer gives three levels at which people resist a change. With a S&OP communication plan, executives can inform, energize and re-focuses employees and call out for action to fill budget or strategy gaps. How can you determine in what change environment you’re operating?

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Supply Chain Trend

JULY 28, 2018

In his book Beyond the Wall of Resistance , RicMaurer gives three levels at which people resist a change. With a S&OP communication plan, executives can inform, energize and re-focuses employees and call out for action to fill budget or strategy gaps. How can you determine in what change environment you’re operating?

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Pipefy

JULY 29, 2024

Faster turnaround times mean fewer labor hours, and streamlined workflows keep projects within budget. Agility is key to any company’s long-term success. Bots can be trained on supply chain data, learning how to monitor inventory spikes or predict parts starvation.

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Planergy

MARCH 12, 2025

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Reduced Costs By reducing the need for correspondent banks, businesses enjoy lower fees. Book a Live Demo 2.

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Procurement Software

AUGUST 22, 2023

As Procurement moves away from being an administrative function that reactively delivers cost savings, the personnel leading it needs a makeover too. We’re gradually evolving into being the fulcrum of an organisation’s supply chain who strategically manages and controls supplier relationships. It’s not always our fault.

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Una

JANUARY 29, 2024

While this is true, it’s worth noting that one-third of Texas’ annual budget is supported by federal funds though. What would it mean for supply chains? Firstly, it would entail physical infrastructure such as checkpoints and customs controls, causing delays and increased transportation costs. Scary, isn’t it?

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