Procurement Templates

DECEMBER 11, 2024

Process Efficiency: Streamline procurement processes through automation, reducing lead times and operational costs. Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency. Cut the waffle and get to the point.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

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. Enhanced Agility: Enables rapid response to unexpected supply chain changes.

Agile and Lean Supply Chain 59

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

SCMDOJO

JUNE 27, 2024

In an era where efficiency equates to competitive advantage, the oil industry’s supply chain management plays a pivotal role in determining a company’s profitability and sustainability. What Are the Key Components of an Oil Company’s Supply Chain?

Supply Chain Efficiency 98

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

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

SCMDOJO

JANUARY 9, 2025

It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. Click here!

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

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

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

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 98

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

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 120

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 120

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.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

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 98

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 98

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

OCTOBER 8, 2024

As someone deeply invested in the field of supply chain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. It is an all-encompassing platform designed to offer more practical value for supply chain professionals.

Agile and Lean Supply Chain 98

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

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. But what steps can you take to a more resilient supply chain during disruptions? If you’re ready to learn more about creating stronger supply chains, read below.

Agile and Lean Supply Chain 98

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

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. Shielding Your Supply Chain: Ensuring Continuity in a Volatile World Supply chain disruptions have become the new normal.

Agile and Lean Supply Chain 52

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

SCMDOJO

OCTOBER 8, 2024

As someone deeply invested in the field of supply chain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. It is an all-encompassing platform designed to offer more practical value for supply chain professionals.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 97

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 98

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

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.

supply chain software solutions 52

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

Procurify

AUGUST 23, 2022

For companies who desire optimum productivity, conventional supply chain methods may not fit the bill. Typical supply chains are often less efficient as lean supply chains, and as a result, numerous organizations around the world are implementing lean strategies. Lean Manufacturing.

Agile and Lean Supply Chain 59

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

SCMDOJO

JUNE 17, 2024

The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027.

Supply Chain Efficiency 98

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

SCMDOJO

SEPTEMBER 19, 2024

In supply chain management, the bullwhip effect occurs when slow-moving consumer demand at the retail level produces significant fluctuations in production at the manufacturer and supplier levels. Consumers started hoarding toilet paper, leading to increased store orders and production in global supply chains.

Supply chain management 80

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain software solutions 80

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

Supply Chain Efficiency 178

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

Procurement Tactics

MARCH 16, 2023

Strategic procurement is data-driven and uses a combination of tools and techniques that go far beyond unit price reduction. In the midst of the pandemic, those companies that had the right strategic procurement processes and technologies in place were able to lower the risks and stay proactive, agile, and profitable.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Tactics

JUNE 28, 2023

Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Demand is affected by changes in supply and lower supply means higher prices and vice versa.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

ivalua

NOVEMBER 29, 2022

The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Risk Metrics.

Risk 130

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

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. We need cost efficiency internally and cost-effectiveness with our suppliers externally. Our organisation has adopted agile ways of working. I completed my MCIPS there and then moved into consulting.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

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

Let's Talk Supply Chain

FEBRUARY 24, 2025

These shifts are set to redefine carrier operations, impact freight rates, and change how businesses manage their supply chains. This move signals a more agile and independent future for Maersk , aligning with its goal to become a fully integrated logistics provider rather than just a shipping line.

Supply Chain Optimization 52

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

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply chain management 100

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 100

Arkestro

DECEMBER 5, 2024

This is especially true as many manufacturing procurement departments struggle with exactitude, efficiency, and unforeseen events that keep them from meeting their goals. This process ultimately leads to faster delivery times, more significant cost savings, and improved supply chain resilience. Subscribe to news from Arkestro.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Skill Dynamics

DECEMBER 18, 2024

This reduces competition and can lead to inflated prices and potentially compromised quality of your goods and services. Finally, a general lack of transparency in the documentation or decision-making process should grab your attention, as it may indicate attempts to conceal fraudulent activities.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.

Real-time Visibility 77

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 77

Supply Chain Game Changer

SEPTEMBER 28, 2021

Subscribe to Supply Chain Game Changer. The Supply Chain Detective and the Distribution Centre Disaster! This change paradox, and the resultant paralysis, could only be solved by The Supply Chain Detective. The company controlled their market channels, products, pricing, and customer expectations.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 86

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Subscribe Here! Email Address.

Agile and Lean Supply Chain 63

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 63

ivalua

APRIL 13, 2021

A great example is Meritor , who brought a unique approach to supplier collaboration and new product introductions to life, delivering more products at higher profit to support a board level initiative and multiply their stock price. Ensuring Supply Chain Agility. Agility is needed not just to avoid disruptions.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130