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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. How can you create a more efficient supply chain and gain a better understanding of overall performance?

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Investment in technology is crucial and requires even more during the time of an economic downturn. “

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How to Build an Effective Procurement Strategy for 2024

TYA Suite

Incorporates digital procurement strategies to track and report sustainability metrics across the supply chain. Collaborating closely with key suppliers fosters innovation, reduces lead times, and enhances supply chain resilience. :

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Conduct supply chain audits and due diligence on high-risk categories. Risk Management Maintain a supplier risk profile and business continuity plan to mitigate disruptions. Risk Management : With global supply chain disruptions, procurement is prioritizing supplier risk assessment and mitigation.

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7 Signs of Excellent Procurement Teams!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A predominantly white, male, industry; executive procurement, sourcing & supply chain management roles simply lack diversity. 28% responded that they aren’t planning any change (Deloitte 2020). 28% responded that they aren’t planning any change (Deloitte 2020).

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The Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Sometimes, digitalization requires change management, process shifts, and organizational restructuring. SpendMatters Supply Chain Dive Supply Chain Digital Art of Procurement (Podcast).