Spend Matters

NOVEMBER 7, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — Halo Ai’s founder has a background in procurement and has built the tool with procurement in mind and to replace current TPRM and GRC point solutions.

Supply Chain Efficiency 107

Supply Chain Efficiency Risk management Real-time Visibility Ethics 107

Procurement Heads

MARCH 27, 2023

We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. I’m passionate about working in collaboration with the supply chain and allowing for constructive conversations so that we’re doing all we can to ensure the best value for money for our customers.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Procurement Heads

JANUARY 4, 2023

As a Buyer at British Airways, I bought a range of different categories from engineering spares to airport services. I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. Our organisation has adopted agile ways of working.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. Why is Supply Chain often undervalued? Pressures for Cost Reduction in Supply Chain.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. Improved forecasting contributes to better overall supply chain planning.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Supplier Onboarding and Supply Chain Collaboration – An often overlooked or underestimated challenge is supplier onboarding.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. Reducing suppliers also helps mitigate risk throughout the supply chain.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

ivalua

JUNE 1, 2022

However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects. This process can also carry over into the supply chain where Amrest needs visibility and the full strategic payments process to identify key suppliers.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

Supply Chain Game Changer

MARCH 20, 2019

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 79

IBM Supply Chain Blog

SEPTEMBER 13, 2023

Supply chains are under enormous stress. As supply chain leaders, we’ve seen unprecedented levels of disruption, challenges with our ecosystem trading partner networks, tariff wars, real wars and tremendous turnover in human capital. Senior supply chain leaders are retiring in record numbers.

Agile and Lean Supply Chain 66

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 66

SCMDOJO

DECEMBER 14, 2023

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards. Throughout the production process, the agency implements rigorous quality control measures.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

The Good Spending

JANUARY 4, 2023

Buyers of direct materials will empathize with the availability and quality of an item rather than the price itself. Category strategy will elaborate on logistical and supply management aspects, i.e., inventory planning and supply chain configuration. Indirect ones support the production and operational processes.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. Procurement is one of the sole functions in an organization that can truly implement and realizes quality and sustainability initiatives in the line; considering procurement’s ability to impact the global supply chain network at the supplier level. Subscribe Here!

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

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

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.

Supply chain management 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

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. Founded in 2008, TraceGains connects people and information so teams can work smarter.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

SCMDOJO

FEBRUARY 14, 2024

How is marketing connected to my supply chain? The supply chain of your business has many components. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.

Supply Chain Optimization 52

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

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Your goal might be to transition from purely traditional buyer-supplier business arrangements, fine-tune strong supplier relationships that yield average results, or something in between.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. He brings a thorough understanding of market trends and digital​ technologies that can help enterprises be more effective ​with their Procurement and Supply Chain strategies.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Jaggaer

OCTOBER 24, 2024

Pressuring suppliers to cut prices often leads to reduced quality or service levels, which may result in costly product recalls, lost customers, or damage to the company’s reputation. This approach ensures that suppliers remain financially viable and motivated to maintain high standards of quality and service.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. This means responsiveness is reduced and the quality of the data goes down.

Risk 107

Risk Risk management Supply Chain Efficiency supply chain software solutions 107

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Now both teams are faced with an agility and flexibility crisis.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

NOVEMBER 11, 2018

Check out The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? I retired from a multi-national supply chain management company to become a co-owner of a label manufacturing company, which was a real culture change for me. Supply Chain service providers are buying more blank labels.

Supply Chain Efficiency 43

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supply 43

Supply Chain Game Changer

NOVEMBER 10, 2018

For the upcoming Holiday our theme was that we were going to have a BORING Holiday season … from a Supply Chain perspective. But by BORING, from a Supply Chain perspective , I did mean that we were going to do all of the necessary planning. Focus on your key cost, quality and delivery metrics.

Supply Chain Optimization 44

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 44

World of Procurement blog

JANUARY 27, 2021

When I graduated college with my shiny new Supply Chain Management degree, I figured I was heading into my first job to work on supplier contract negotiations, optimizing production line output, and all of the other 'sexy' supply chain management strategy we had spent two years learning about. We all outsource.

Agile and Lean Supply Chain 52

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

ivalua

SEPTEMBER 24, 2020

Therefore, by using the supplier’s desire for payment, and good quality data, top performing organizations can achieve high levels of straight-through-processing and automation. . The solution is to follow the top performers and focus on supplier enablement, smart matching and introduce the agile methodology of continuous improvement.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

The Good Spending

JUNE 15, 2022

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. Modified Rebuy A buyer wants to replace or amend a product used in the organization. Straight Rebuy The buyer routinely reorders a product with no modifications.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be examining closely, questioning the inefficient use of energy and resources. But what if my data quality is poor? Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Arkestro

SEPTEMBER 5, 2024

I worked at Ford Motor Company as a buyer up through purchasing director, then at two leading auto suppliers, TI Fluid Systems and ZF Group, as a global purchasing director. Agile Systems Key to Navigating Today’s Procurement Challenges Arkestro: Sounds like you’re in deep with this industry! Subscribe to news from Arkestro.

Procurement 52

Procurement Procurement team Agile and Lean Supply Chain Buyers 52

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. It also simplifies how they communicate with buyers, accounts payable, update records, submit invoices, and track payments. This technology helps procurement teams be more productive and agile.

Agile and Lean Supply Chain 52

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

Jaggaer

MAY 16, 2024

With deep expertise in developing agile strategies and solutions in response to changing objectives and priorities, BearingPoint’s Sourcing & Procurement team supported the client in defining the procurement and supplier quality digitization path to streamline and innovate supplier management processes.

Procurement 52

Procurement Supply Chain Efficiency Buyers Suppliers 52

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement. BPR initiatives generally boost key performance indicators (KPIs).

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 57

Una

JUNE 8, 2023

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. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

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

Jaggaer

OCTOBER 22, 2020

“Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

World of Procurement blog

MAY 8, 2024

The goal is to find suppliers capable of delivering based on specifications, pricing, quality, capacity, and other factors. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. This ensures they are meeting expectations for quality, delivery, responsiveness, and value.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52