Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Procurement Leaders

APRIL 6, 2023

We’re evaluating supplier financial risk, of course, but we’re also monitoring climate risk or potential disruptions that are happening by country, or the region, or even at the company that we’re operating with. That said, the biggest challenge remains going deep into your supply chain.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 130

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.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 121

Procurement Insights

FEBRUARY 27, 2025

“A 2023 survey by KPMG highlights this transition, revealing that procurement leaders are now focusing on supply chain resiliency (68%), introducing new products or expanding into new markets (65%), and improving margins through cost reduction (71%). Its less about control and more about agility. What is your take?

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

AUGUST 26, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. would demand its implementation.

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

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. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 111

Risk Risk management Supply Chain Efficiency supply chain software solutions 111

ivalua

OCTOBER 1, 2019

And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . But then we move on to our two other targets – agility and creativity, which define where Procurement needs to go in order to sustain its contribution into the future. . Effectiveness is a better word than “efficiency”, of course.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Procurement Innovation Supply Chain Efficiency 100

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

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

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Procurement Insights

FEBRUARY 14, 2025

February 2025 – Liquid networksdynamic, decentralized, and highly adaptable systemsare reshaping procurement and ProcureTech by enhancing supplier collaboration, innovation, and agility. Supply chain risk management is proactive and data-driven. Procurement workflows are automated using AI & smart contracts.

Networking 59

Networking Import Procurement Buyers 59

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Procurement Tactics

JUNE 28, 2023

Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Risk Management Through Commodity Trading, producers and consumers can be exposed to the price volatility of commodities.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Una

MARCH 6, 2023

Procurement process automation can involve anything from automated supplier discovery, risk monitoring, payment processing, spend analytics , and contract approval. In other companies, “Lean” may mean reducing the costs involved in procurement. How to innovate: Reduce your multi-page RFX documentation to a Lean “plan on a page”.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

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. Engaging strategic suppliers in the process can help mitigate risks. For Amrest, sustainability is central to their mission and vision.

Real-time Visibility 130

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

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. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 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. Where and how to buy strategically important goods and services in a way that optimizes value while minimizing risk.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

MARCH 6, 2025

Predictive analytics powered by ML helps organizations anticipate procurement trends and identify potential risks. These reforms and similar ones in other countries open up opportunities for public sector buyers. Blockchain Technology: Blockchain ensures transparency, security, and traceability in procurement transactions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

ivalua

MARCH 27, 2023

As supply chains flip from a buyer to seller driven market, maximising the benefits of CTCs will remove the gaps from the process. There is a second reason networks are no longer necessary–because anyone who understands Tax knows you can’t pass this risk to a third party. But what about tax collection and reporting?

Procurement strategies 130

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

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

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

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

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! Email Address.

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

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

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

SCMDOJO

DECEMBER 14, 2023

Comprehensive Services: Offers a broader range of services, including market research, logistics coordination, and risk mitigation. Sourcing agencies excel in handling these intricacies, ensuring a smooth and efficient flow of products from supplier to buyer.

Sourcing 104

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

IBM Supply Chain Blog

JANUARY 22, 2024

Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective. Envision the data center of tomorrow Data centers will continue transitioning from the monolithic configurations from yesteryear to become agile, high-powered, AI-driven, sustainable ecosystems distributed globally.

Data 100

Data Sustainability Innovation Buyers 100

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

Agile and Lean Supply Chain 52

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

TYA Suite

OCTOBER 6, 2024

Vendor-managed inventory (VMI) has become a crucial strategy in modern supply chain management, enabling businesses to enhance efficiency, reduce costs, and strengthen relationships with suppliers. In a vendor-managed inventory supply chain, the supplier maintains ownership of the inventory until it is consumed by the buyer.

Vendor management 40

Vendor management supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 40

Una

SEPTEMBER 15, 2022

The people that I think are heroes are able to put aside what they think and truly listen to buyers, purchasing managers , and senior managers, and really learn from those individuals. Episode 82: Winning at the Game of Risk with Rohit Hajela. The Challenging State of Procurement and Supply Chain. That’s key for me.

Procurement 98

Procurement Agile and Lean Supply Chain Purchasing Purchase orders 98

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

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. What all of these obstacles have made clear is that process resilience and long-term procurement strategies are essential for mitigating future risks. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%).

Agile and Lean Supply Chain 59

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