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

IBM Supply Chain Blog

OCTOBER 19, 2023

According to Gopal Chandak, FP&A Leader at Landmark, “The consolidation of the financial budget, cost allocation methods and standardization of common records posed as major obstacles. Because of this, the budgeting process was inefficient. “Recognizing the limitations, we acknowledged the need for an enhanced solution.

Budget 91

Budget Data Change management Innovation 91

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.

supply chain software solutions 138

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

Arkestro

DECEMBER 5, 2024

So it’s no surprise that the future of manufacturing now lies in a technology that combines all of those high-end innovations: Predictive Procurement. It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Spend Matters

FEBRUARY 5, 2025

Procurement has evolved from a back-office function to a strategic driver of innovation and value. The case for procurements digital transformation As mentioned, the relationship between digital enablement and procurement performance (efficiency, effectiveness, innovation) is clear. Lets explore these aspects.

Procurement 112

Procurement Change management Strategy supply chain budgeting 112

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Companies can take them out to upgrade their supply chain infrastructure, such as buying new sorting machines or integrating advanced software.

supply chain software solutions 52

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

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

IBM Supply Chain Blog

JUNE 10, 2024

In this blog, we’ll explore how businesses can use both on-premises and cloud XaaS to control budgets in the age of AI, driving financial sustainability without compromising on technological advancement. Embracing a culture of experimentation helps businesses drive innovation while minimizing financial risk.

Budget 62

Budget Innovation Sustainability Demand 62

IBM Supply Chain Blog

JULY 26, 2023

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

Budget 56

Budget Data Cost optimization Collaboration 56

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect?

Supply chain management 98

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 98

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Planergy

FEBRUARY 24, 2025

Educational leaders use strategic procurement to negotiate favorable contracts, explore innovative solutions, and drive institutional efficiency. This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

IBM Supply Chain Blog

NOVEMBER 10, 2023

However, to truly drive innovation at scale, EDA leaders need massive computing power. As Cadence continues to drive computational software innovation, continuous operations are critical to optimizing operations across its business unit teams that are responsible for delivering chip and system design software to customers at a rapid pace.

Innovation 82

Innovation Demand Budget Risk 82

IBM Supply Chain Blog

APRIL 21, 2023

And second, in Redesigning brand values: Purpose and profit converge in core operations , authored by IBM and The Consumer Goods Forum, surveyed consumer goods leaders share that they estimate technology budgets will grow by 34% over the next three years.

Sustainability 78

Sustainability Innovation supply chain software solutions Real-time Visibility 78

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Procurement Templates

MARCH 3, 2024

Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Budget Analysis : Evaluating the available budget and financial resources is crucial to ensure that the procurement activities align with the organization’s financial capabilities.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

IBM Supply Chain Blog

JULY 5, 2023

Moving data and applications from traditional on-premises data centers to cloud infrastructure offers companies the potential for significant cost savings through accelerating innovation, keeping a competitive edge and better interacting with customers and employees. Why do you need cloud cost optimization?

Cost optimization 63

Cost optimization Real-time Visibility Price Budget 63

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These four steps constitute the upstream source-to-contract part of the process.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. It is true that you can only do cost reduction, innovation, and quality if supply is secure.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

ivalua

APRIL 23, 2021

One of the most interesting suggestions is that a procurement team should take a service mindset when working with the budget holders within the organisation. By supporting the budget holders they can then deliver value to the organisation.

Collaboration 130

Collaboration Procurement team supply chain budgeting Bill of materials 130

Strategic Sourceror

JANUARY 20, 2023

Managers can use this information to make data-driven decisions about their internal processes to optimize performance and improve output. Internet of things (IoT) devices: You can equip materials in your warehouse with advanced IoT sensors to digitally track their movements throughout your supply chain.

supply chain budgeting 104

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 104

IBM Supply Chain Blog

MARCH 6, 2024

Re-platforming With a re-platforming migration, some adjustments or optimizations are made to the applications before moving them to the cloud. Additionally, without proper monitoring and optimization, ongoing cloud usage costs can escalate rapidly, leading to budget overruns and financial strain.

Strategy 73

Strategy Price Data Cost optimization 73

Planergy

MARCH 19, 2025

However, budget restrictions and transparency requirements present challenges. Supplier management involves selecting, evaluating, and maintaining supplier relationships to ensure timely delivery of goods and services within budget. Schools thrive when predictable and reliable supply chains foster a stable learning environment.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

SCMDOJO

OCTOBER 7, 2024

The Global Supply Chain is thriving with each passing day. However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. Every business focuses on solutions that enhance profitability with cost optimization. What is Cost Efficiency?

Supply Chain Efficiency 92

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 92

Procurement Templates

APRIL 15, 2024

Here’s how each of these traits might influence procurement: Openness to Experience: Innovation Preference: Individuals high in openness tend to be more open to new ideas, technologies, and approaches. In procurement, they might be more inclined to adopt innovative solutions or new suppliers that offer unique products or services.

Influencing 130

Influencing Negotiation Risk Innovation 130

Supply Chain Game Changer

AUGUST 19, 2022

Subscribe to Supply Chain Game Changer. Supply chain management and contract lifecycle management are key ingredients to business success. How well a company manages its supply chain processes can directly impact its bottom line. Best practices to enhance sales CLM in the supply chain.

Contract 97

Contract supply chain budgeting Management Supply Chain Efficiency 97

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Subscribe Here!

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Procurement Tactics

NOVEMBER 28, 2022

It is about saving more money while also maintaining a high level of quality, service, and innovation. . Developing a cost management system optimizes your supply chain to lower your cost through domestic purchasing and other methods. . Setting a budget for the project. Find ways to save money on inventory.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Inventory Budget 130

SCMDOJO

SEPTEMBER 26, 2023

Warehouse Layout Optimization Once you grow to a certain level, you may need significant storage for materials and products. When you optimize your warehouse layout , it allows workers to organize, manage, and recover materials efficiently, saving the company time and money. There are plenty of ways to do this.

Supply Chain Efficiency 98

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

Supply Chain Game Changer

SEPTEMBER 19, 2022

Subscribe to Supply Chain Game Changer. Set A Budget. The next thing to consider when planning an office fitout is your budget. Like your visions for office fitout, your budget must also be realistic. There are different innovations and trends you can choose from when it comes to office fitout design.

supply chain budgeting 16

supply chain budgeting Budget Supply Chain Optimization Quality 16

IBM Supply Chain Blog

AUGUST 1, 2023

Whether it’s addressing customer demands for seamless digital experiences or helping clients navigate complex industry regulations, IBM Cloud is committed to helping clients drive innovation today while preparing them for tomorrow.

Innovation 63

Innovation Cost of ownership Risk Data 63

Skill Dynamics

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Finale Inventory

SEPTEMBER 4, 2024

As ecommerce continues to expand, supply chain traceability has become a key factor for small businesses. This article examines why supply chain traceability matters and how Finale Inventory can assist small businesses in achieving it.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Inventory 52

IBM Supply Chain Blog

OCTOBER 24, 2023

Making the right technology investment decisions today is critical to building competitive advantage, fueling innovation and driving ROI. However, dispersed, unreliable data and time-consuming, error prone processes can lead to bloated budgets, ineffective planning and missed opportunities.

Collaboration 77

Collaboration e2e Budget Leadership 77

IBM Supply Chain Blog

OCTOBER 3, 2023

Cloud costs are out of control, and teams spend too much time fixing instead of innovating. Together, IBM Instana and IBM Turbonomic provide real-time observability and control that everyone and anyone can use, with hybrid cloud resource and cost optimization so you can safely automate to unlock elasticity without compromising performance.

Real-time Visibility 89

Real-time Visibility Cost optimization Budget Data 89

Supply Chain Collaborator

JULY 26, 2019

The shrewd operators are leveraging these data to support predictive analyses with the goal of achieving more accurate planning and execution of logistics as product moves through their supply chain. Here are four ways smart TMS users can harness the power of their data for predictive analytics.

Dwell Time 79

Dwell Time Fleet Optimization supply chain budgeting Supply Chain Optimization 79