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Agile and Lean Supply Chain Business strategy Sourcing 
SCMDOJO
APRIL 3, 2025
Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. This builds resilience during uncertain times.
Procurement Templates
DECEMBER 11, 2024
Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Explore alternative sourcing models , such as consortium buying or global sourcing hubs.
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Supply Chain Game Changer
MARCH 14, 2022
Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses.
Jaggaer
FEBRUARY 5, 2025
Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?
Procurement Insights
JANUARY 3, 2025
20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. CFOs began to see procurement as critical to business continuity and organizational agility.
Supply Chain Game Changer
APRIL 29, 2021
Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Intelligent Supply Chain technologies article and permission to publish here provided by Dan Weinberger , UN Supply Chain Expert and CEO of Morpheus Network. Subscribe Here! Email Address.
Supply Chain Game Changer
AUGUST 13, 2020
Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Is COVID19 the death of Global Supply Chains? Subscribe Here! Email Address.
SCMDOJO
MARCH 25, 2022
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).
IBM Supply Chain Blog
DECEMBER 20, 2023
A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals. Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals.
Supply Chain Opz
NOVEMBER 9, 2014
Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?
Supply Chain Game Changer
JUNE 11, 2019
Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management. Subscribe Here!
Supply Chain Opz
JUNE 1, 2014
Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. Supply Chain of fashion industry involves a time based competition.
Let's Talk Supply Chain
JULY 20, 2023
Zarrin Lilani on How Women Lead in Supply Chain At Let’s Talk Supply Chain, we’re passionate about closing the gender gap to expand innovation through diversity. Making this hard dichotomy shift isn’t just about good business ethics either. It’s a business investment in an industry that’s anything but predictable.
Let's Talk Supply Chain
JUNE 22, 2023
One of the major drivers of Women in Supply Chain is Let’s Talk Supply Chain’s commitment to supporting bridging the gender gap in the industry. And it isn’t just the right thing to do, it’s a smart investment for a business landscape hallmarked by uncertainty and yes, the more-than-occasional chaos.
Procurement Tactics
NOVEMBER 20, 2022
However, what is a sustainable business? For this article, we will discuss what sustainable business is. We will tackle its importance and tell you how you can create your sustainable business strategy. Creating a Sustainable Business Strategy. Ultimate Supplier Plotting Checklist 2022. Unilever and Nestle.
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Procurement Heads
APRIL 26, 2023
I studied procurement and obtained a Master’s degree in supply chain and international procurement. Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum.
Procurement Heads
APRIL 26, 2023
I studied procurement and obtained a Master’s degree in supply chain and international procurement. Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum.
SCMDOJO
OCTOBER 7, 2024
The Global Supply Chain is thriving with each passing day. Business profitability and customer satisfaction always go hand in hand. However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. It depicts strong annotations on the business performance.
Pipefy
JANUARY 9, 2024
Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. Other technologies commonly used are IoT, business process automation (BPA), and blockchain. While these tools can lighten workloads and improve agility and decision-making, they can’t operate without the input of humans.
Supply Chain Game Changer
AUGUST 5, 2021
Subscribe to Supply Chain Game Changer. To make sure a supplier management strategy is properly aligned with the broader business strategy and adopted by the broader procurement organization then it’s important to have transformational & process leaders in place! 6 liters | Streamlined Supply Chain Compliance.
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Let's Talk Supply Chain
MAY 16, 2024
Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.
Empowering CPO
JUNE 30, 2023
Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. This is where EmpoweringCPO stands apart.
Procurement Heads
JUNE 14, 2023
If you know the regulations well and you can think strategically, you can still be agile, innovative and drive value for money. It didn’t value business partnering and the organisation would only engage at the last step of the procurement process. This underlines how seriously we’re taking the threat of climate change as a business.
Jaggaer
APRIL 14, 2020
Define your procurement response strategy. Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The longer-term impacts.
Let's Talk Supply Chain
OCTOBER 27, 2023
The number of women in supply chain is still rising, increasing 3 to 5% annually, now making up 41% of the industry. This decade has brought a greater understanding and awareness of how supply chains impact communities globally. The recently overwhelmingly male-dominated industry is shifting and evolving.
Let's Talk Supply Chain
JANUARY 9, 2023
As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data. 13.36] An overview of TraceGains – what they do and how they help their customers. “The
Let's Talk Supply Chain
MARCH 23, 2023
With a decade hallmarked by disruption, consumers are more aware of supply chain and how industry shortages, talent gaps, and climate events impact their daily lives and local communities. One dialogue that is still catching fire is how closing the gender gap in supply chain can help the industry build its ranks and agility.
IBM Supply Chain Blog
JUNE 29, 2023
Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Agility and responsiveness In the rapidly changing business landscape, agility is crucial.
Supply Chain Game Changer
NOVEMBER 25, 2018
But this evolution in the supply chain, and for last mile fulfillment in particular, doesn’t end with retail. From restaurant chains to supermarkets to pharmacies to service providers, the world of logistics is experiencing unprecedented change. Real-time Visibility.
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The Good Spending
MAY 27, 2024
Disintermediation Disintermediation is the process of removing intermediaries from a supply chain. By eliminating these intermediaries, companies can achieve cost savings, better communication, and greater control over their supply chain. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice."
IBM Supply Chain Blog
DECEMBER 13, 2023
A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services.
The Good Spending
AUGUST 23, 2022
This post attempts to provide the most comprehensive view on procurement value and practical methods of its realizations compared to many other web sources replicating slogans and mystifying logical and straightforward concepts. This is one of the most potent revenue generation sources in any sizable deal negotiation. Moderation.
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Let's Talk Supply Chain
APRIL 13, 2023
Broadening your company’s reach with staff augmentation experts Hunter Bell, Lean Solutions Group’s Sales Team Leader, had an insightful conversation in the Let’s Talk Supply Chan Podcast during the Home Delivery World event and discussed Lean Solutions’ services offering and one of the hottest topics in logistics today: staff augmentation.
IBM Supply Chain Blog
JUNE 22, 2023
Ultimately, modernizing these processes could save hundreds of millions of dollars, improve the employee experience and make the company more agile and competitive, he says. Labor arbitrage, or outsourcing labor to the lowest-cost workforce, has been the central strategy associated with business process outsourcing (BPO) for years.
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Pipefy
JANUARY 30, 2024
That’s where procurement, sourcing, and purchasing technology comes in. Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. It’s also a great source for making better, more data-driven business decisions.
Pipefy
OCTOBER 25, 2023
From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation.
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Arkestro
FEBRUARY 25, 2025
Organizations across the globe are rethinking their procurement practices and policies, recognizing that ethical procurement isnt just about following trends; its about building a more inclusive, efficient, and equitable supply chain. While this represents a substantial investment, the benefits are undeniable.
Pipefy
DECEMBER 20, 2023
Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?
World of Procurement blog
APRIL 23, 2024
Understanding Procurement Technology Procurement technology refers to the software and systems that automate and streamline procurement processes for businesses, covering everything from sourcing materials and services to managing contracts and analyzing spending. Examples include SAP Ariba and Coupa.
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Let's Talk Supply Chain
JUNE 27, 2022
The disruption the global supply chain is facing today has been a long time coming, yet it seems to have caught the entire industry off guard. Some reports tie Coca-Cola to sugar sourced from Xinjiang and also document Uyghur workers in a factory that makes Nike shoes in Qingdao. It’s time for a plan. About The Author.
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IBM Supply Chain Blog
APRIL 8, 2024
Orchestrating the new human + AI workforce Today, businesses are no longer only focused on finding the human talent they need to execute their business strategy. HR leaders know the right steps to take around sourcing and evaluating content for training, collaborating with the functional subject matter experts for that area.
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Empowering CPO
JULY 16, 2023
Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.
IBM Supply Chain Blog
MAY 13, 2024
Stay flexible in the face of change : Market conditions and business strategies constantly evolve. Various model choices allow businesses to pivot quickly and effectively. Access to multiple options enables rapid adaptation when new trends or strategic shifts occur, maintaining agility and resilience.
Pipefy
NOVEMBER 3, 2023
Procurement requires precision, predictability, and the ability to problem-solve with agility and confidence. A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. Processes also evolve in response to business strategy and shifts in the market.
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