Supply Chain Game Changer

MARCH 14, 2022

The function of supply chain management courses has evolved from a series of isolated tasks into a cohesive business strategy. Understanding supply chain strategy provides companies with a way to continue to grow profitably by optimizing resources for value creation.

Supply chain management 115

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 115

Una

NOVEMBER 1, 2022

Strategic sourcing should exist outside of only the procurement department and link to the overall business strategy. Again, as the pandemic showed, business strategies can shift quickly. Conduct regular alignment checks (at least once a quarter) to ensure procurement stays aligned with corporate strategy.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Supply Chain Opz

NOVEMBER 9, 2014

Misalignment of actions due to a poor relationship fit means the supplier has other, more important customers and the supplier''s actions will be influenced more by those customers than you. If you are not the big "influencer" to the supplier, recognize that and find other incentives for the supplier.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

The Good Spending

AUGUST 23, 2022

Procurement could influence staff retention by creating favorable job conditions to own personnel or influencing staff satisfaction company-wide. We sit in the center of the network formed by our suppliers, stakeholders , employees, and customers and effectively influence them. In contrast, that cost center stopped a vacancy.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

IBM Supply Chain Blog

NOVEMBER 20, 2023

Done right, talent management is a core component of an organization’s business strategy that aligns with key business goals such as revenue, profitability and cost control. Demonstrate a strong approach during recruitment and onboarding Talent management strategies begin before an organization ever hires someone.

Strategy 97

Strategy Management Business strategy Influencing 97

Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. This change suggests that businesses today are more complex which, in turn, requires more precision and broader vision in the decision-making process. Profitability. Resilience.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Barkers Procurement

AUGUST 20, 2024

The Cadent Gas procurement team sought to align their 2030 procurement vision with business strategy and upskill their team for the future. The project focused on strategy alignment, core strengths development and targeted skills enhancement through training. Rather than focusing on WHAT we do, SDI 2.0

Procurement 52

Procurement Procurement team Negotiation Influencing 52

Procurement Heads

APRIL 26, 2023

It requires so many different skills: commercial, financial, stakeholder management, project management, influencing … the list goes on. It requires engagement across the business, so it’s really internal facing as well as external as we engage with suppliers, external stakeholders, partners etc.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

It requires so many different skills: commercial, financial, stakeholder management, project management, influencing … the list goes on. It requires engagement across the business, so it’s really internal facing as well as external as we engage with suppliers, external stakeholders, partners etc.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Spend Matters

AUGUST 2, 2023

The most significant change we are seeing is that ESG is no longer an ‘opt-in’ for businesses looking to do the right thing; it’s a strategic imperative that no company can ignore. The pandemic had a massive influence on how businesses view the importance of ESG. A number of things have got us to this point.

supply chain budgeting 98

supply chain budgeting Procurement Supply chain Suppliers 98

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Each stakeholder’s role and responsibilities within the organization will influence their view on spending, and this may create differences in opinions, objectives, and priorities. Therefore, it is crucial to understand the different perspectives of key stakeholders to develop a comprehensive and effective spend management strategy.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Future Purchasing

NOVEMBER 18, 2021

What are the critical components of being a successful business partner? Successful procurement business partners have a foot in both the procurement and internal business communities. Do you bring insight to the business table? Do you display courage to influence the business and the function?

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

IBM Supply Chain Blog

APRIL 21, 2023

These days, there’s a need — and even some pressure — for CFOs to evolve their scope and influence the innovation agenda within their enterprises. By blending business strategy, design and technology, they can demonstrate how to rapidly turn new ideas into actions.

Innovation 74

Innovation Sustainability Business strategy Change management 74

Let's Talk Supply Chain

JULY 13, 2022

McKinsey reports that over 90 percent of US online shoppers expect free two- to three-day shipping, and a recent Shopify survey revealed that shipping cost had a significant influence on purchase decisions for nearly 75 percent of consumers.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Logistics Inventory 98

Let's Talk Supply Chain

MAY 16, 2024

These new influencers and seasoned leaders continue finding novel approaches to respond effectively to the latest logistics and Ops challenges with greater performance outcomes. I am now a content creator, mentor, advisor, and influencer for all things global supply chain transformation.

supply chain budgeting 96

supply chain budgeting Agile and Lean Supply Chain Supply chain Logistics 96

Supply Chain Game Changer

APRIL 13, 2022

It helps to highlight the ROI (return of investments) and estimate the current business strategy. Anyway, the term ‘cycle time’ is important not only for business owners but also for realizers. Influence of the optimal cycle time. Improve work environment.

supply chain software solutions 94

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Quality 94

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Technology has transformed procurement operations from a complex, manual process into an automated, streamlined function that enhances decision-making and transparency.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Procurement Templates

SEPTEMBER 14, 2023

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. Conclusion Procurement and sustainability are no longer separate entities but rather intertwined components of a modern, responsible business strategy.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

IBM Supply Chain Blog

APRIL 25, 2024

In the world dictated by these kinds of ecommerce sales and touch points, an effective ecommerce strategy might prioritize releasing new products on early iterations of social media, or retargeting consumers across marketing channels with an email marketing campaign. But the paradigm has shifted. This puts brands in a delicate position.

Strategy 82

Strategy Purchasing Ethics Data 82

IBM Supply Chain Blog

AUGUST 8, 2023

While many may see IBM and Microsoft as competitors, we are much better partners bringing the best of both companies together to accelerate impact and influence at scale. Many companies still see incredible value in their on-premise technology: 71% of executives say mainframe-based applications are central to their business strategy.

Influencing 75

Influencing Business strategy Strategy Management 75

Procurement Heads

SEPTEMBER 14, 2022

As well as the social aspect we hold an annual conference where we set out our business strategy and our expectations of our partners, awards and recognition together with supplier forums where even competing suppliers come together to problem solve and generate ideas. I like to think that I have brought clarity of purpose to the team.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

Procurement Express

OCTOBER 16, 2024

By purchasing this debt at a discount, these funds aim to gain control over the company and influence its restructuring process. Investment Strategies of Distressed Debt Funds Buying Debt at a Discount: Distressed debt funds often purchase debt instruments at a fraction of their face value, betting on the company’s recovery.

Influencing 52

Influencing Strategy Purchasing Management 52

Supply Chain Game Changer

JULY 2, 2021

Your decisions will have a significant impact on the overall business. Be it planning, budgeting, or employees monitoring, decisions play an essential role for your business. Meanwhile, financials are the top entity that influences the decision-making of your business.

Management 73

Management supply chain budgeting supply chain software solutions Supply Chain Efficiency 73

Barkers Procurement

SEPTEMBER 5, 2023

Understanding your costs and how different factors influence them can lead to sound and more solid decision-making, and this knowledge can help lay the foundations for better long-term business planning.

Demand 52

Demand Sustainability Influencing Business strategy 52

Procurement Heads

APRIL 18, 2023

It is absolutely fundamental that people integrate sustainability into business strategy and if you aren’t then you are leaving money on the table as a business. Who has had the most influence on your career Simon, and why? I hear a lot of people saying it is too expensive to go sustainable.

Sustainability 147

Sustainability Supply chain Procurement Procurement team 147

Procurement Heads

JUNE 14, 2023

The breadth of the role dealing with all categories across a £8 billion-a-year spend is exciting and there are very few roles in a company that have so much reach and influence – for example, it allows me to challenge and support Network Rail in becoming more commercial, more sustainable, and more diverse.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Supply Chain Game Changer

FEBRUARY 18, 2020

The role cannot be emphasized enough although in the last few years it is with much concern that I see supply chain roles being merely analytical and implementing roles with very little influence on business strategy and implementation.

Leadership 77

Leadership Supply Chain Optimization Logistics Supply chain management 77

Let's Talk Supply Chain

MARCH 20, 2025

Whether in business, leadership, or personal growth, I strive to be a role model who demonstrates the power of resilience, ambition, and integrity. Driving Meaningful Impact at Zinata, I have played a key role in shaping organizational influence, ensuring we continue to help our customers navigate complex change and win in the marketplace.

Supply chain 52

Supply chain Innovation Leadership Supply 52

Pipefy

OCTOBER 25, 2023

Procurement teams have a critical role to play in business strategy. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and stay competitive. Identifying opportunities to cut costs is one of the most important ways they do this.

Procurement team 52

Procurement team Agile and Lean Supply Chain Business strategy Procurement 52

Pipefy

DECEMBER 20, 2023

To better understand procurement’s influence, let’s dive into the benefits of strategic procurement to understand why it’s important. For example, if the company is prioritizing ESG, the procurement team may source from suppliers or vendors that are compliant with certain business requirements or compliance standards.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Procurement Heads

APRIL 18, 2023

It is absolutely fundamental that people integrate sustainability into business strategy and if you aren’t then you are leaving money on the table as a business. Who has had the most influence on your career Simon, and why? I hear a lot of people saying it is too expensive to go sustainable.

Sustainability 130

Sustainability Supply chain Procurement Procurement team 130

Sourcing and Supply Chain

NOVEMBER 8, 2021

Developing Entrepreneurship and Business Strategies ? However, we are going to explore some more reasons, which are significantly influencing such evolution. What influence does a CFO have in organizational performance? Strategy Commercialization ? Challenges faced in managing payrolls ? 4 ways to define. ?

Influencing 52

Influencing Data Risk Quality 52

Finale Inventory

JULY 21, 2024

In ecommerce, understanding and calculating total manufacturing cost is fundamental for businesses to accurately gauge their profitability and pricing strategies. Determining the total manufacturing cost allows companies to make well-informed decisions regarding product pricing and overall business strategies.

Raw materials 52

Raw materials Price supply chain budgeting Inventory 52

SCMDOJO

NOVEMBER 9, 2023

In essence, it emerges as a formidable augmentation to any business strategy, offering both flexibility and risk mitigation. Throughout an item’s lifespan, the ebb and flow of demand exerts its influence upon the intricate web of the supply chain.

Inventory control 105

Inventory control Inventory supply chain budgeting Supply Chain Optimization 105

Pipefy

JANUARY 30, 2024

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

SEPTEMBER 17, 2019

Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. Email Address. Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! This article was posted on Oracle’s Supply Chain Management blog.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

TYA Suite

MAY 14, 2023

Reduce Your Costs & Create Value Investing less time on the procurement processes frees up more time for you to concentrate on enhancing your business strategy, whether you need to decrease time to market, locate superior raw materials and vendors, or upgrade your machinery.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Raw materials 52