Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

ivalua

JUNE 14, 2023

Procurement Analysts & Subject Matter Experts: These team members play a vital role in extracting and analyzing data, identifying opportunities for cost savings and process optimization. Download Today! You can connect with Vishal on Linkedin You May Also Like Source to Pay (S2P) What is Source to Pay Best Practice?

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations.

Supply Chain Efficiency 82

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 82

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

IBM Supply Chain Blog

NOVEMBER 30, 2023

The pandemic has brought supply chain to focus, and organizations recognize dynamic supply assurance as a critical capability for their business. Chief Supply Chain Officers (CSCO) and other executives seek to optimize their supply chain by infusing AI, modernizing their technology and addressing sustainability goals.

Supply Chain Optimization 48

Supply Chain Optimization Agile and Lean Supply Chain Supply chain Supply 48

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.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

The Network Effect

DECEMBER 5, 2014

It seeks to align and synchronize demand, supply, and product cycles, as well as enable the ability to sense and shape demand to make a profitable demand response. Supply is done dynamically based on a consumption rate, and therefore additional consideration can be made for transportation optimization under this policy.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Demand Supply chain 70

The Network Effect

MARCH 18, 2016

There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital Supply Chain , that illustrates the urgent need for companies today to transition to a digital supply chain, if they haven’t done so already. ” What is the Digital Supply Chain?

Supply Chain Optimization 47

Supply Chain Optimization Agile and Lean Supply Chain Supply chain e2e 47

Procurement Tactics

JUNE 28, 2023

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Procurify Procurify is equipped with a variety of tools that optimize your Procurement tasks. This approach promotes efficiency throughout the whole procurement process.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

MARCH 9, 2023

Generate Greater and More Sustainable Value Across Your S2P Process Download the Ivalua Source-to-Pay (S2P) Datasheet Vishal Patel VP Product Marketing Vishal has spent the last 1​5​ years in various roles within the Procurement and Supply Chain technology market. Let’s get started below!

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Pipefy

JANUARY 30, 2024

Because procure-to-pay teams lacking business agility, internal resources, or adequate tools are hungry for solutions that can help them streamline operations, increase strategic influence, gain spend control, innovate sourcing streams, improve efficiency, and increase time for more “high-value” work. billion by 2028.

Agile and Lean Supply Chain 52

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

ivalua

SEPTEMBER 24, 2020

To learn more about the value of Invoice-to-Pay, download our white paper. This included centralized invoice receipt, digitization of all transactions, and the optimization of a single Invoice to Pay journey across the whole organization. To learn about the benefits of Invoice-to-Pay download the Hackett report today.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. Build better P2P processes with the Definitive Guide to Workflow Management Download now. 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.

Agile and Lean Supply Chain 59

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

Skill Dynamics

NOVEMBER 4, 2022

These factors create a challenging landscape for supply chain professionals, who need to ensure that raw materials or parts are in the right place, at the right time in the right quantities to enable production and meet consumer demand. There needs to be a change in approach to align with the evolving nature of supply chains.

Demand 52

Demand Agile and Lean Supply Chain Management Supply Chain Optimization 52

SCMDOJO

DECEMBER 5, 2024

Watch videos on SCMDOJO’s YouTube channel to learn more about best practices for inventory optimization! It includes a course on inventory management fundamentals, an Excel tool for inventory optimization, and detailed guides on stocktaking and cycle counting procedures. Click here! Read More about How to Improve Forecasting Accuracy?

Inventory 52

Inventory Management Supply Chain Optimization Supply Chain Efficiency 52

Una

MAY 25, 2023

By conducting a comprehensive risk assessment, organizations can develop strategies to mitigate these risks and protect their supply chains. Hot tip: It’s impossible to make a plan for every possible risk scenario, but it is possible to build a risk management framework that is agile enough to apply to different types of risk.

Purchasing 96

Purchasing Risk Management Procurement 96

EazyStock

FEBRUARY 11, 2021

Supply chain transparency and digitalization. While there are strategies to reduce price sensitivity, eCommerce businesses also need to have lean and efficient supply chains to keep their cost of sale to a minimum and sustain competitive prices. How is multi-channel shopping complicating supply chains?

Inventory 52

Inventory Supply Chain Efficiency Management Supply Chain Optimization 52

Pipefy

JANUARY 11, 2023

Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . Build better processes with the Definitive Guide to Workflow Management Download now. What is procurement transformation? What is a procurement transformation roadmap?

Strategy 52

Strategy supply chain software solutions Procurement Agile and Lean Supply Chain 52

Supply Chain Opz

JANUARY 3, 2022

Because, from our own experience, math like linear programming or optimization doesn't work the way people think they are - Editorial Decision: we carefully review each book and the final 5 are selected based on the editorial opinion. Author Credentials: Suman Sarkar is a supply chain consultant with more than 20 years of experience.

Logistics 40

Logistics Agile and Lean Supply Chain Supply Chain Optimization Supply chain 40

Positive Purchasing

NOVEMBER 9, 2023

A Wider Horizon You will be familiar with the idea of optimizing what you buy. Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function. Ultimately, you may need to help evolve the organization’s brands and overall proposition.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Jaggaer

OCTOBER 3, 2024

It starts with spend analysis to provide a detailed cost breakdown, providing the information for competitive tendering via auctions using our Sourcing and Advanced Sourcing Optimizer modules, and aggregating spend where it makes sense for better leverage in negotiations. First, organizations need to get full supply chain visibility.

Supply Chain Optimization 52

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

Supply Chain Brain

AUGUST 21, 2020

While there are dozens of insights and learnings within this study, the top seven takeaways are related to growth, agility, resiliency and profitability – the key qualities of well-performing supply chains.

Inventory 40

Inventory Agile and Lean Supply Chain Supply Chain Optimization Demand 40

SCMDOJO

DECEMBER 5, 2024

It includes a course on inventory management fundamentals, an Excel tool for inventory optimization, and detailed guides on stocktaking and cycle counting procedures. Additionally, a pricing strategy is implemented, using optimal pricing theory to maximize revenue. However, when supply chain visibility is good, it is stable.

Management 76

Management Supply Chain Optimization Inventory Real-time Visibility 76

Jaggaer

OCTOBER 10, 2024

The best solu tion will be the one that is optimally adapted to the company’s culture and strikes a balance between the constraints of the supplier market and the relationships between key internal stakeholders. These will change , so flexibility is a must (see point 10).

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 52

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.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Una

JANUARY 8, 2024

DOWNLOAD PLAYBOOK Table of Contents Introduction What Exactly *Is* Value Creation? DOWNLOAD PLAYBOOK What Exactly *Is* Value Creation? DOWNLOAD PLAYBOOK Types of Business Value Where Procurement Can Make an Impact Let’s explore the different types of business value and the ways in which procurement can contribute to each.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

MARCH 6, 2024

Download Full Guide Introduction Everyone outsources. Being able to adapt fast keeps businesses agile and ready for whatever the market throws their way. Download Full Guide Outsourced Procurement Why do organizations choose to outsource some or all of their procurement functions? billion by 2027 , growing at a CAGR of 8.8%.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

IBM Supply Chain Blog

MAY 13, 2024

Access to multiple options enables rapid adaptation when new trends or strategic shifts occur, maintaining agility and resilience. Optimize costs across use cases : Different models have varying cost implications. This step focuses on right-sizing the model to fit the use case optimally as bigger is not necessarily better.

Cost of ownership 70

Cost of ownership Ethics Risk Innovation 70

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Pipefy

JANUARY 5, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now. Digital procurement is the use of technology to optimize and automate procurement processes and workflows. But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Una

MAY 25, 2023

By conducting a comprehensive risk assessment, organizations can develop strategies to mitigate these risks and protect their supply chains. Hot tip: It’s impossible to make a plan for every possible risk scenario, but it is possible to build a risk management framework that is agile enough to apply to different types of risk.

Purchasing 52

Purchasing Risk Management Procurement 52

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. This contingent labor allows you to optimize your marketing without fully engaging an internal marketing department or marketing agency.

Management 52

Management Procurement supply chain budgeting Budget 52

Planergy

DECEMBER 29, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. Download Free Copy. Download PDF. That means working with agile partners, which most standard procurement strategies don’t account for. Download PDF. download a free copy of our guide.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Pipefy

DECEMBER 10, 2022

No matter the size of your company, how you structure your purchase process has a direct impact on your company’s ability to control costs, manage risks, and maintain process resilience as supply chains evolve. Build better finance processes with the Definitive Guide to Workflow Management Download now. Purchasing agility.

Purchasing 52

Purchasing Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

Zycus Cognitive Procurement

JULY 29, 2021

Agile companies are deploying digital-first systems that can forecast disruptions and alert CPOs to arrange alternate supply streams. The Zycus suite of cloud-based, AI-driven end-to-end procurement solutions reduces supply chain costs and in-house infrastructure dependency for businesses. Keeping up with risks: .

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain Risk 40