ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Supply Chain Brain

OCTOBER 29, 2023

With near-term consumer demand uncertain, and high interest rates likely to continue for some time, corporate belts are tightening. So what are companies spending money on today?

supply chain budgeting 122

supply chain budgeting Budget Consumer demands Supply chain 122

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.

Budget 91

Budget Data Change management Innovation 91

Supply Chain Brain

OCTOBER 30, 2024

Logistics companies will see costs rise because of the increase in minimum wage and contributions employers will need to make to the country’s National Insurance program.

Budget 116

Budget Logistics 116

SCMDOJO

APRIL 15, 2025

Consider this your business suddenly faces a major supply chain disruption. But the truth is, a fragile supply chain can make or break your companys success in today’s world. But the truth is, a fragile supply chain can make or break your companys success in today’s world.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 73

Supply Chain Dive

AUGUST 5, 2024

Although most hiring managers have a positive outlook on the remainder of the year, some reported their companies don’t have enough money to hire.

Budget 131

Budget Management 131

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR? Why is CPFR Important?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Planergy

MARCH 18, 2025

Download Free Copy Supply Chain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management Supply Chain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supply chains are critical for maintaining consistent educational services.

supply chain budgeting 52

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

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

Influencing 95

Influencing Procurement supply chain budgeting e2e 95

Supply Chain Dive

FEBRUARY 14, 2023

With budgets tightening in an uncertain economy, experts weigh in on how companies can plan for the year ahead and stay resilient.

supply chain budgeting 135

supply chain budgeting Supply chain Budget Supply 135

Procurement Insights

APRIL 5, 2025

Estimating the cost for an average procurement professional to attend the five conferencesDigital Procurement World (DPW), ISM Annual Conference, Procurement Leaders (World Procurement Congress), SIG (Global Executive Summit), and Supply Chain Canada National Conferencerequires factoring in registration fees, travel, and accommodation expenses.

supply chain budgeting 52

supply chain budgeting Procurement Supply chain Budget 52

Supply Chain Brain

JANUARY 30, 2024

In the face of record-low unemployment and rising wage levels, a labor management program can offer multiple advantages.

Budget 98

Budget Innovation Management 98

Supply Chain Brain

OCTOBER 9, 2024

Disruptions in the Red Sea are increasing pressure on supply chain leaders to navigate conflicting priorities to manage budgets and maintain customer satisfaction.

supply chain budgeting 98

supply chain budgeting Supply chain Budget Supply 98

Let's Talk Supply Chain

MARCH 24, 2025

In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. Welcome ‍to the frontline of change in the world of electronics supply chains.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

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)?

supply chain budgeting 52

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

IBM Supply Chain Blog

JUNE 10, 2024

As organizations strive to harness the power of AI while controlling costs, leveraging anything as a service (XaaS) models emerges as a strategic approach. Embracing the power of XaaS XaaS encompasses a broad spectrum of cloud-based and on-premises service models that offer scalable and cost-effective solutions to businesses.

Budget 62

Budget Innovation Sustainability Demand 62

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

SCMDOJO

MARCH 24, 2025

A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. Every business aims to increase its profit margin, and one effective way to achieve this is by cutting costs. per unit, reducing the actual cost to $90,000.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

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

Spend Matters

MARCH 25, 2025

However, the reality is that stakeholders, including budget owners, business units, etc., One of the most effective ways to achieve this is by using data-driven storytelling to showcase procurements role in cost savings, efficiency gains and risk management. largely control procurements level of influence.

Stakeholder engagement 84

Stakeholder engagement Management Procurement Influencing 84

Procurement Tactics

JULY 2, 2023

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Skill Dynamics

JANUARY 21, 2025

How can you ensure that your supply chain team are consistently up-to-speed with the modern supply chain landscape? A well-defined supply chain competency framework can be extremely useful. It typically covers key supply chain areas including procurement , logistics, demand forecasting , and much more.

Supply Chain Optimization 52

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

Supply Chain Dive

OCTOBER 26, 2023

With droughts and heat waves affecting crops and shipping routes this year, the budget committee looked at the rising costs of extreme weather will have on supply lines.

supply chain budgeting 117

supply chain budgeting Budget Supply chain Supply 117

Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. This key element manages the contract creation, implementation, and analysis to reduce costs and improve the performance of the business. Why is it important? What is a procurement strategy?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

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. Here are seven challenges that your institution might be tackling: 1.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Spend Matters

APRIL 17, 2025

Also, not having a proper requirement management process negatively impacts a projects budget, schedule or quality. The fact that there is often a misunderstanding of what technology can do, and, if you add on top of that, a weak business case, then it is no wonder that buying the right technology is often difficult for organizations.

Change management 104

Change management Negotiation supply chain budgeting Budget 104

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains. About the research.

Supply Chain Efficiency 130

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

Spend Matters

APRIL 15, 2025

This role focuses on reducing supply chain risks through improved relationships, audits, and comprehensive evaluations of supplier performance at all levels of the chain. The Quality and Sustainability Advocate. The Risk Manager.

Procurement 91

Procurement Category management Chief Procurement Officer Risk management 91

Procurement Tactics

MAY 30, 2023

They also analyze market trends and make recommendations to senior management on how to optimize procurement processes to reduce costs and increase efficiency. They are responsible for managing the procurement activities of the organization and play a critical role in the supply chain. Why Are They Important?

Management 178

Management supply chain budgeting Procurement Negotiation 178

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ProcurePort

MARCH 8, 2022

It’s clear that businesses need more resilient supply chains to continue fulfilling business procurement needs. Managers need to make most of the budgets availed to them by investing in the right people, technology, and processes. They […].

supply chain software solutions 130

supply chain software solutions supply chain budgeting Procurement Budget 130

Spend Matters

APRIL 15, 2025

Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.

Real-time Visibility 67

Real-time Visibility Procurement e2e Supply Chain Efficiency 67

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

Skill Dynamics

JANUARY 14, 2025

Finance and Cost Management Being able to efficiently and effectively manage and control procurement budgets and general costs will lead to stronger financial control across your business , increased cost efficiencies, and a better allocation of resources, which allows you to enhance profitability and improve your team.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Supply Chain Dive

AUGUST 8, 2023

Persistent labor shortages and inflation have led initially budgeted project costs to increase from the agreed upon price, one source told K-12 Dive.

supply chain budgeting 98

supply chain budgeting Budget Supply chain Price 98

Planergy

FEBRUARY 24, 2025

This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints. Though it makes budgeting a bit more complex , its often worth it. This improves the purchasing power of the group compared to the individual.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Supply Chain Dive

JUNE 8, 2023

Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.

Inventory 144

Inventory Demand Budget 144