ProcurePort

NOVEMBER 10, 2023

Agile Procurement involves a new way of thinking. It promotes flexible sourcing and working closely with suppliers. However, there […] The post Agile Methodology in Procurement: A Paradigm Shift in Supply Chain Management appeared first on ProcurePort Blog.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain management Supply chain management Supply chain 130

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. Global Supply Chains are Here to Stay.

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SCMDOJO

OCTOBER 30, 2024

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Spend Matters

NOVEMBER 19, 2024

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. And we must remember that one cannot escape supply chain risks.

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Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 111

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.

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Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

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Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain.

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Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

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.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

SCMDOJO

APRIL 3, 2025

Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. This builds resilience during uncertain times.

Agile and Lean Supply Chain 52

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

SCMDOJO

FEBRUARY 16, 2025

This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception. Agentic AI takes this a step further by enabling autonomous supply chain systems. Enhances AI-driven supply chain resilience. Here are some leading innovators in this space: 1.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 73

Supply Chain Game Changer

MARCH 14, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses.

Supply chain management 115

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 115

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Some of these challenges include limited: .

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Spend Matters

DECEMBER 23, 2024

Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results and the DACH SME Procurement Barometer 2024. The need for resilient supply chains is also a key factor driving procurement digitalization.

Procurement 120

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 120

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk.

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Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Let's Talk Supply Chain

FEBRUARY 20, 2025

As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supply chain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty.

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

FEBRUARY 24, 2025

In a world where the digital realm continues to shape the future of industries, the supply chain landscape stands at the precipice of profound conversion. As we fast forward to the horizon of 2025, the Institute for Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead.

Supply Chain Efficiency 52

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

Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Optimize costs without compromising supply chain continuity. Increased costs due to emergency sourcing. Want to achieve these benefits?

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Una

SEPTEMBER 6, 2022

Leveraging Lean Procurement. What is lean procurement? Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Eliminating waste; for example by reducing lengthy sourcing times. Create strategic focus.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

Let's Talk Supply Chain

MARCH 24, 2025

In teh intricate web of global supply chains, resilience is the key to withstanding ‍the unpredictable challenges of today’s dynamic business landscape. One key advantage of using graph databases in inventory management is their ability to enhance the resilience of supply chains.

Agile and Lean Supply Chain 52

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

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. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

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Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

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.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.

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Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

ivalua

FEBRUARY 24, 2021

Supply Chain Transformation is ongoing but never more important than in 2021. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains. What Will Impact Procurement Processes in 2021?

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Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Let's Talk Supply Chain

MARCH 5, 2025

In a bid to turn the tide on a recent sales slump, Advance Auto Parts is embarking on a bold initiative to revamp its supply chain. Revamping Supply Chain Strategies to Boost Sales Performance advance Auto Parts is making bold moves to rejuvenate its sales figures by overhauling its supply chain strategies.

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

FEBRUARY 20, 2025

By diversifying its supply chain and leveraging global partnerships, GM aims to minimize disruption and maintain competitiveness in the market. Cost-efficiency: Streamlining operations and optimizing supply chain processes to minimize tariff impact.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply Chain Optimization 98

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

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Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Skill Dynamics

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.

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

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

Agile and Lean Supply Chain 98

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

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!

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

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

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Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Let's Talk Supply Chain

FEBRUARY 27, 2025

In an era of economic uncertainty and fluctuating market conditions, the service supply chain industry is bracing itself for a ‍seismic shift as double-digit inflation looms on the horizon. The impact of this economic phenomenon ‍on supply chain operations is profound ‍and multifaceted.

Supply Chain Optimization 52

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

Procurement Insights

APRIL 2, 2025

I picked Chevron to prepare the following assessment based on the company’s interest in my recent LinkedIn post and the corresponding poll in the Purchasing & Global Supply Chain Professionals (PGSCP) group. Chevron Fit: Strong for cost management and tech adoption, with $5M-$15M savings potential.

Agile and Lean Supply Chain 52

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

Jaggaer

FEBRUARY 28, 2025

The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management.

Agile and Lean Supply Chain 52

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