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Agile and Lean Supply Chain Innovation Purchasing 
Procurement Templates
NOVEMBER 21, 2024
Develop Long-term Relationships: Establish partnerships with key suppliers to foster trust and innovation. Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions. Audit Supply Chains: Identify and address environmental and social risks in the supply chain.
Una
MARCH 6, 2023
9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
ivalua
JUNE 29, 2020
We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating.
SCMDOJO
JANUARY 9, 2025
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. Click here!
ivalua
FEBRUARY 8, 2023
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.
ivalua
MAY 31, 2022
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?
246 
ivalua
MARCH 16, 2020
In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.
ivalua
DECEMBER 14, 2020
The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.
Procurement Tactics
AUGUST 25, 2022
Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide.
231 
Procurement Insights
JANUARY 3, 2025
Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CFOs began to see procurement as critical to business continuity and organizational agility.
SCMDOJO
JANUARY 30, 2023
From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!
Jaggaer
FEBRUARY 28, 2025
However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.
Supply Chain Game Changer
SEPTEMBER 30, 2022
Subscribe to Supply Chain Game Changer. How Cloud Computing Can Help Supply Chain! The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management.
ivalua
OCTOBER 1, 2019
And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . The task of processing thousands of purchase orders may be executed “efficiently”, but there may well be more effective ways of managing this need – for instance, users having access to online guided buying catalogues.
SCMDOJO
MAY 6, 2022
Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.
Spend Matters
AUGUST 15, 2024
“Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. 22, at 10:00 AM PST.
SCMDOJO
AUGUST 15, 2024
Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Enhanced Collaboration Among Stakeholders Effective collaboration is crucial in retail supply chains, as it allows for swift decision-making and problem-solving.
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. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.
Procurement Insights
APRIL 4, 2025
Paul Nilsen, Purchasing Manager Willis North America (New York, NY) My Response In Part 4 of my Changing Face of Procurement Conference Series titled Winning Strategies for Vendor Engagement, I briefly discuss an M&A case reference involving organizations within the confection or candy industry.
Procurement Tactics
JANUARY 8, 2023
It can also help drive sustainability initiatives in your supply chain and procurement process. . Closed loop spend management (CLSM) is an approach geared towards injecting resilience and agility into business operations by optimizing overhead costs and transforming procurement and supply chain processes. .
207 
ivalua
APRIL 13, 2021
Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.
ivalua
MARCH 28, 2019
Professionalisation of the function, logic and analysis has also extended into other areas, with a growth in relevant qualifications, all the way through to procurement and supply chain MBAs and even Doctorates. But, as we move towards a new decade, perhaps the wind is shifting, and we may see a different focus in the next ten years.
167 
SCMDOJO
JANUARY 19, 2025
We conclude that different types of loans may help e-commerce supply chains. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Inventory Financing Inventory loans are created to help businesses purchase stock upfront. in CAGR by 2030.
Una
SEPTEMBER 8, 2022
The Challenging State of Procurement & Supply Chain. After a nearly two-year hiatus, conferences and in-person events are starting to take place in the procurement and supply chain industries. The current state of procurement and supply chain. How to navigate procurement and supply chain callenges.
Supply Chain Game Changer
JANUARY 20, 2021
Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! You have also invested in supply chain systems to manage and monitor the flow of goods. In fact, the average mid-size and enterprise company has four supply chain system investments each!
SCMDOJO
NOVEMBER 17, 2023
In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.
SCMDOJO
JUNE 28, 2024
In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.
SCMDOJO
AUGUST 16, 2023
Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.
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.
SCMDOJO
APRIL 24, 2024
In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.
Arkestro
DECEMBER 5, 2024
So it’s no surprise that the future of manufacturing now lies in a technology that combines all of those high-end innovations: Predictive Procurement. Arkestro allows them to quickly adapt to changing market conditions and component availability and focus on quality and innovation within their complex manufacturing processes.
ivalua
SEPTEMBER 22, 2022
Stepping out of the shadow of the past few years, procurement leaders are having to rapidly master the art of supply continuity as organizations undergo major changes that demand more agility, innovation, and collaboration to survive. . Map Your Sub-tier Supply Chain. Build a Solid Data Foundation.
Jaggaer
MARCH 18, 2020
His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. The road to success is about “finding the innovation that exists in the supply chain and bringing that back through the organization,” Bartolini says. .
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. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. What is a Make vs Buy Analysis?
Positive Purchasing
JANUARY 20, 2025
In this new era, collaboration in procurement has become critical for achieving efficiency and innovation. Remote work has made procurement teams more agile and flexible. They needed to find new ways to maintain productivity and keep supply chains strong. For example, competitors often get supplies from the same sources.
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.
Procurement Heads
JANUARY 4, 2023
I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. Yet this is at a time when many suppliers are looking to renegotiate commercial arrangements due to supply disruption or pass on inflationary pricing increases because they’re dealing with higher wages and bills.
ivalua
MARCH 5, 2020
In this disruptive age, businesses must move faster and become more agile, so Procurement must respond, to this or we will become obsolete. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.
130 
SCMDOJO
DECEMBER 28, 2023
In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.
Supply Chain Opz
JULY 7, 2013
Triple-A Supply Chain: 10 Strategies to Supercharge Performance. In previous article, we discuss how to use value chain analysis to formulate supply chain strategy. Supply chain professionals learn how to divide things into groups (segmentation) for a long time. Triple-A Supply Chain.
Supply Chain Game Changer
JUNE 24, 2021
Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Companies rely on supply chain management to reduce costs and increase their production cycle. These developments, combined with the US-China trade war, found the supply chains experiencing unique hurdles.
Procurement Insights
FEBRUARY 14, 2025
February 2025 – A Liquid Network is a dynamic, decentralized, and adaptable system where ideas, information, and resources flow freely between interconnected participants, fostering innovation and collaboration. Supply chain risk management is proactive and data-driven.
59 
NLPA (Next Level Purchasing Association)
DECEMBER 14, 2022
The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Flawed Processes.
Una
FEBRUARY 20, 2023
Create an approved purchasing system or require all purchases be made from a catalog to curb rogue spending. Consolidate suppliers Is there a need to purchase office stationery from fifteen different suppliers ? Encourage supplier innovation Your suppliers can drive cost savings through product innovation.
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