Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

MARCH 16, 2023

In this article, we will discuss what strategic procurement is. It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Tactics

MAY 22, 2023

In this article, we will discuss what integrated logistics means. Additionally, we will tell you the advantages of having integrated logistics in your supply chain. Once you are done reading this article, you will have a deeper understanding of integrated logistics. However, what is it? What is Integrated Logistics?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Spend Matters

MARCH 25, 2025

However, the reality is that stakeholders, including budget owners, business units, etc., Finance departments focus on spend visibility, payment optimization and cost control. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.

Stakeholder engagement 86

Stakeholder engagement Management Procurement Influencing 86

Planergy

MARCH 19, 2025

How AP can improve relationships with your key suppliers. Effective supplier management is essential for educational institutions. Schools rely on vendors for everythingtextbooks and classroom supplies, technology, food services, and maintenance. However, budget restrictions and transparency requirements present challenges.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Spend Matters

APRIL 15, 2025

On the talent side, he pointed to an article published by Kodiak: Procurements Most Valuable Players, which borrows the concept of MVPs (Most Valuable Players) from sports to identify standout contributors in the procurement field. The Risk Manager.

Procurement 93

Procurement Category management Chief Procurement Officer Risk management 93

Planergy

MARCH 18, 2025

How AP can improve relationships with your key suppliers. Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Efficient supply chains play a major role in keeping schools running smoothly.

supply chain budgeting 52

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

Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Tactics

MAY 30, 2023

In this article, we will discuss what procurement managers do and their importance in procurement. Once you are done reading this article, you will know the importance of a procurement manager. They are responsible for managing the procurement activities of the organization and play a critical role in the supply chain.

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Tactics

AUGUST 25, 2022

In this article, we will introduce to you procurement speakers in 2022 that have inspired many people throughout the years. We hope that once you have finished reading this article, you will be inspired to continue and pursue your desire to make a change through procurement. Trillion budget. . Rajeev Karmacharya.

Procurement 231

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

Spend Matters

APRIL 15, 2025

In this article we will highlight some of the key changes AI has made to procurement strategies in the following industries: manufacturing and industrials, life sciences and healthcare, and the public sector. Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers.

Real-time Visibility 67

Real-time Visibility Procurement e2e Supply Chain Efficiency 67

Procurement Tactics

JULY 4, 2023

To ensure that you get the best value for your money, it is essential that you get an understanding of the costs involved in producing a product or service. This is what this article will be about. So, let’s dive in and learn how to reduce procurement costs. How to Create a Should Model for Your Own Products?

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Tactics

JULY 2, 2023

For today’s article, we will explore everything you need to know about Job Orders, including what it is, their importance, and how to utilize them. Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. A clear budget 4. What is a Job Order?

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

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 98

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

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

Procurement Tactics

AUGUST 24, 2022

Supplier Networks — The Ultimate Guide of 2022. Supplier networks are important in the procurement industry to find your preferred supplier. In this article, we will discuss what supplier networks are. After this article, you will have an insight into what supplier networks are. Download Free PDF.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What is the Cost Performance Index (CPI)? A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

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 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Core Competencies in the Procurement Framework Sourcing Involves identifying and evaluating the best suppliers to secure high-quality goods and services.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Procurement Tactics

JUNE 19, 2023

In this article, we will explore the role of AI in logistics, discuss its importance, and the best practices for implementing AI in logistics. AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. What is AI?

Logistics 193

Logistics supply chain budgeting supply chain software solutions Supply Chain Optimization 193

Procurement Tactics

OCTOBER 13, 2022

In this article, we will discuss what a strategic sourcing manager is. Once you are done reading this article, you will know the importance of having a strategic sourcing manager in a company. Strategic sourcing is a part of the supply chain and puts an emphasis on customized solutions and strategic partnerships.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Email Address.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? Our 10 Best Articles! A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. Benefits of KM in Supply Chain Management.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Jaggaer

MARCH 20, 2025

Community colleges, public universities, and private institutions alike must navigate the potential for budget cuts, shifts in federal aid programs, and changing regulatory requirements. Budget Shortfalls First, the good news. These could be amended, scrapped or introduced by current and future administrations.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 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 typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates.

Supply Chain Efficiency 178

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

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

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

Procurement Tactics

JUNE 22, 2023

For today’s article, we will discuss everything you need to know about the blanket purchase order, including what it is, its importance, how to create one, and when to use it. After this article, you will know the difference between regular and blanket purchase orders and how using this will benefit your organization.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. But that type of engineering takes time and coordination and involves downstream suppliers.

Supply Chain Optimization 72

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 72

Supply Chain Game Changer

SEPTEMBER 5, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Subscribe Here!

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

Supply Chain Game Changer

OCTOBER 14, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! The Supply Chain is the unseen driving force behind any business. As such, for business success you must improve Supply Chain. Stakeholders are among the main actors where supply chains are concerned.

Supply Chain Efficiency 99

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 99

Supply Chain Game Changer

OCTOBER 5, 2022

Subscribe to Supply Chain Game Changer. A sustainable and environment friendly supply chain is a key component for any successful business. It helps companies to manage their resources more efficiently, reduce costs, improve quality and increase productivity. Green Suppliers. Email Address.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Sustainability Supply chain 97

Procurement Tactics

JANUARY 8, 2023

In this article, we will discuss what sustainable procurement analysis is. Once you finish reading this article, you will gain a deeper knowledge of what sustainable procurement analysis is. It can also help drive sustainability initiatives in your supply chain and procurement process. . CSR standards of suppliers.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Supply Chain Game Changer

JUNE 30, 2022

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Subscribe Here! Email Address. Consolidation.

Agile and Lean Supply Chain 78

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

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. This article, prepared with insights from Gregory Allen , CEO of ASAP Finance, delves into how loans can solve key challenges for e-commerce entrepreneurs. Here, we get another central point, the capital. in CAGR by 2030.

supply chain software solutions 52

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

Supply Chain Game Changer

JANUARY 7, 2021

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! Digital Supply Chain strategies article and permission to publish here provided by Alejandro Carrera. Effective digital supply chain strategies can help organizations stand out from the crowd. Subscribe Here!

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 84