Procurement Insights

JANUARY 22, 2024

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. – [link] MUSING #2 How agile is your sourcing program? Are you optimizing your negotiations amidst all of the chaos? Have you ever wondered why?

Supply Chain Optimization 81

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 81

Procurement Templates

NOVEMBER 21, 2024

Workshops on negotiation and supplier relationship management. Negotiation Skills Actionable Steps: Prepare Thoroughly: Research suppliers’ market position and pricing strategies before negotiations. Use Data-Driven Arguments: Leverage cost breakdowns and benchmarks to negotiate better terms.

Agile and Lean Supply Chain 130

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

ivalua

FEBRUARY 10, 2023

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms. Doug has a B.S.

Price 264

Price Strategy Sourcing Real-time Visibility 264

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.

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Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 137

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 137

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. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 92

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 92

ivalua

NOVEMBER 23, 2020

Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. In return for a relatively modest membership fee, which typically ranges from 1 to 3 percent of their negotiated contract size, hospitals and healthcare systems using GPOs save an average of 13.1

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Procurement Supply 130

Supply Chain Dive

NOVEMBER 16, 2022

The shadow of negotiations clouds U.S. Shippers have leaned on less-risky alternatives, despite some drawbacks. railroads and West Coast ports.

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Supply chain Negotiation Supply 101

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.

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Procurement Procurement strategies supply chain budgeting Contract management 238

ivalua

JANUARY 29, 2020

Competitors or new market entrants can use it to attack you these days – you don’t need a chain of retail shops on the high street, just a good idea, a great website and an outsourced logistics operation. So the need for businesses to act with speed and agility has never been greater.

Collaboration 164

Collaboration Innovation Agile and Lean Supply Chain Procurement 164

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. CERTIFICATE COURSES 1.

Agile and Lean Supply Chain 196

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

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.

supply chain software solutions 102

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 102

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 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 86

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 86

Supply Chain Game Changer

JUNE 11, 2019

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management. Subscribe Here!

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 105

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. What is it that makes Costco’s Supply Chain so effective? Subscribe Here! Email Address. Low SKU Count.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 84

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.

Supply Chain Efficiency 85

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 85

IBM Supply Chain Blog

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. Generative AI, with its ability to autonomously generate solutions to complex problems, will revolutionize every aspect of the supply chain landscape.

Supply Chain Optimization 78

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 78

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. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

Supply Chain Visibility 84

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 84

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Promoting Supply Chain Value.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

Supply chain management 92

Supply chain management Supply chain management Supply Chain Optimization Agile and Lean Supply Chain 92

The Good Spending

DECEMBER 27, 2023

This is where I started digging deeper into the Agile agenda , thinking of finding repercussions with our professional life and blogging on related topics.  How do you think agile practices have transformed companies over the past two years? Will agile practices continue to generate interest? large home appliances).

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Demand Supply Chain Optimization Negotiation 52

Procurement Heads

MARCH 15, 2023

I realised that I enjoyed using my influencing and negotiation skills to deliver value to stakeholders and made the decision to move into the sales and contracting function. UKHSA is an Executive Agency with a delivery focus, an incredibly high tempo and a complex and ever-changing commercial environment.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Sustainability Contract Leadership 246

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. The ongoing impact of inflation and fluctuations in materials pricing continue to have an impact, and it’s increasingly challenging to negotiate because prices are changing significantly within a short period of time.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Implement Lean Procurement Practices: Use lean management principles to minimize waste and streamline procurement operations. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

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.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 81

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 67

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 67

Una

MARCH 6, 2023

How to Market Procurement’s Value Beyond Cost Savings The Importance of Looking Beyond Cost Savings in Procurement Procurement Automation: 5 Tasks You Should be Automating Employ lean procurement principles For some organizations, getting Lean in procurement simply involves doing things faster.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

Procurement Leaders

DECEMBER 9, 2022

With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others. Finally, we work extremely closely with suppliers to reduce the impact of inflation.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

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.

supply chain budgeting 77

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 77

Supply Chain Trend

MAY 17, 2022

In this blog : a new role for supply chain planners. Similar to the continuous automation of physical assets in the supply chain over the last 100 years, we’ve now reached the era where the knowledge worker will be augmented or automated by a machine. Supply chain planners and IBP teams will not escape this evolution.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

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.

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

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Supply Chain Efficiency 178

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

Procurement Heads

NOVEMBER 9, 2022

It’s all the things you would expect in terms of robust Sourcing, SRM and category management across our supply chain, working closely with our business stakeholders and achieving excellent year-on-year results against an ever-increasing set of challenging KPIs.

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Supply Chain Game Changer

OCTOBER 2, 2020

Subscribe to Supply Chain Game Changer. Over the years, digital disruption has become a norm for all industries, and supply chain businesses are not an exception. Right now, it is important to have the right technology infrastructure for your supply chain business so that you can make it future-ready.

Agile and Lean Supply Chain 67

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 67