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.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

SCMDOJO

DECEMBER 11, 2023

Access to data on supplier performance, market trends, and cost analyses enables leaders to optimize procurement strategies for improved efficiency and effectiveness. This fosters stronger collaborations, encourages accountability, and ensures a more reliable and resilient supply chain.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Tactics

OCTOBER 18, 2022

SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

SCMDOJO

APRIL 3, 2022

Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Una

FEBRUARY 18, 2025

Regardless of the industry you work in, deciding which third parties to work with requires strategic trade-offs, such as choosing between cost, quality, and lead time. Procurement and sourcing professionals play a critical role helping decision makers discuss and rank those variables and then use them to select and contract with suppliers.

Supply Chain Optimization 58

Supply Chain Optimization Supply Chain Efficiency Sourcing Supply chain 58

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. The procurement portal’s functionality lets two complex business processes be optimized and streamlined. Compliance with quality standards. Leverages competitive bidding. What is a Procurement Portal? However, not many professionals know this. .

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. The word quality here covers a range of considerations contributing to value in every aspect of a companys operations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

TYA Suite

OCTOBER 27, 2024

is a comprehensive solution designed to automate and optimize the. facilitate the evaluation and selection of vendors based on various criteria, such as price, quality, and delivery performance. We will also discuss how to implement this tool to maximize its effectiveness.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Insights

MARCH 25, 2025

” – Laura Barrett “Critical to getting a high-quality response to an RFP is Pre Market Engagement (PME). Enhanced Visibility into Procurement Data Challenge: Lack of a unified view across departments (purchasing, logistics, quality control). Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

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. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

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

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Key message: Align with Byrnes mission of quality, compliance, and operational efficiency.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Procurement Templates

MARCH 3, 2024

Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. This involves assessing suppliers’ capabilities, pricing, quality standards, and reputation. Develop strategies to mitigate these risks and build resilience within the supply chain.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

SCMDOJO

AUGUST 4, 2023

By implementing effective inventory management and inventory reduction strategies, you can optimize your operations, enhance customer satisfaction, and ultimately boost your bottom line. Following the ever-changing nature of businesses, optimal cost control has not always taken the front seat in the priority list.

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

Planergy

FEBRUARY 24, 2025

Market Research Comprehensive market research helps institutions identify potential suppliers, compare pricing, evaluate product quality, and understand emerging technologies and solutions relevant to educational contexts. Who Benefits from Efficient Procurement?

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Then, the suppliers submit their bids and the company decides which one to hire. High-quality procurement software can be used for everything from Inventory management to budgeting. Originally written for Supply Chain Game Changer and published on July 27, 2022.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

The Good Spending

AUGUST 23, 2022

The value creation process includes: quality and customer service, supplier relationship, employee enrichment, community benefit, stockholder reward. The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. Moderation.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Una

NOVEMBER 1, 2022

Procurement professionals are abandoning traditional sourcing practices in favor of more responsive strategies to supply chain management in pursuit of more significant cost savings and organizational efficiencies. Today, however, the pandemic has shown procurement to be more than simply purchasing goods and services.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Supply Chain Game Changer

OCTOBER 24, 2022

Subscribe to Supply Chain Game Changer. The Bullwhip Effect is a pretty popular phenomenon and conversational topic in supply chain management. In most cases, it refers to inventory problems that occur due to miscommunication between organizations in a supply chain. Email Address. Planning and purchasing.

Real-time Visibility 76

Real-time Visibility supply chain budgeting supply chain software solutions Inventory 76

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. Emphasize Supplier Relationship Management (SRM) Building strong relationships with suppliers can lead to improved quality, reliability, and innovation.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. Emphasize Supplier Relationship Management (SRM) Building strong relationships with suppliers can lead to improved quality, reliability, and innovation.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

Arkestro

SEPTEMBER 29, 2023

Manufacturing Optimize Manufacturing Efficiency with Arkestro Get in touch Our solutions Gear Up for Success: Predictive Procurement Fine-Tunes Efficiency in the Manufacturing Industry Arkestro is your secret weapon in the manufacturing industry. We help you save money and time, across all areas of addressable spend.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Bidding 52

Jaggaer

AUGUST 12, 2020

Sourcing was in chaos and a topic that concerned many customers was that they were pushing back transportation tenders – and especially any planned mega – bids – while they waited to see how the market would develop. In recent weeks , all that has changed , and organizations are firing up transportation and mega-bids. .

Sourcing 52

Sourcing Bidding supply chain software solutions Supply Chain Optimization 52

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Sustainable bidding. Here are just a few ways manufacturing procurement teams can leverage AI and automation tools this year: Minimize supply chain disruptions.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

World of Procurement blog

MAY 8, 2024

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. The goal is to find suppliers capable of delivering based on specifications, pricing, quality, capacity, and other factors.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

The Good Spending

NOVEMBER 5, 2021

Procurement is on the journey from cost-cutting to value delivery Naturally, Procurement started in the lowest cost arena, where the cheapest bid wins. Lowest bid Supplier selection by the lowest bid is still the dominant approach in many companies, especially public ones. This method is simple, logical, and easy to implement.

Procurement 52

Procurement Bidding Contract Supply Chain Efficiency 52

Una

NOVEMBER 29, 2023

But with the elves’ help, Santa is able to put his freed-up time to valuable use, with activities such as mapping out the most fuel-efficient route around the globe, analyzing the data on his naughty and nice lists, and spending some quality time with Mrs Claus. Things you can do while a GPO works behind the scenes And what about you?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

TYA Suite

SEPTEMBER 25, 2024

Each topic will be thoroughly covered, ensuring that you have a solid grasp of how eSourcing platforms can optimize procurement activities and best practices in sourcing, as well as how effective sourcing methods can significantly enhance your business operations. provide features for comparing and analyzing supplier bids.

Supply Chain Efficiency 40

Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40

SCMDOJO

FEBRUARY 29, 2024

Managing and optimizing a supplier’s performance is as essential as it is difficult. Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Price isn’t everything. How is it possible?

Suppliers 84

Suppliers Management Quality Import 84

Una

SEPTEMBER 21, 2023

These actions typically involve negotiating better deals with suppliers , optimizing procurement processes, and finding cost-efficient alternatives for goods and services. Competitive bidding Encouraging suppliers to compete for your business through competitive bidding processes can result in more competitive pricing and better terms.

Competitive bidding 52

Competitive bidding Ethics Supply Chain Optimization Strategy 52

The Thomas Blog

JUNE 22, 2022

Here are a few things to keep in mind if you're a manufacturer looking for more customers: Optimize Your Website To Convert New Customers. That means positioning yourself where they’re sourcing, illustrating your understanding of the supply chain , and giving examples of your reliability and problem-solving skills.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

TYA Suite

NOVEMBER 25, 2024

It involves carefully selecting suppliers based on several factors like quality, price, reliability, and how well the supplier can meet the company's long-term needs. It evaluates how suppliers can provide benefits over time, such as consistent quality, innovation, and support for the company’s future growth.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 40

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50