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Business strategy Price Supply Chain Optimization 
SCMDOJO
APRIL 3, 2025
Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. Can you increase prices for customers?
Supply Chain Game Changer
MARCH 14, 2022
Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses.
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
IBM Supply Chain Blog
DECEMBER 20, 2023
A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals. Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals.
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. Logistics plays a critical role in a company’s supply chain. Subscribe Here! Email Address.
IBM Supply Chain Blog
DECEMBER 18, 2023
In today’s business environment, regardless of the product or service, leaders must develop a well-honed business strategy. A successful business strategy must clearly define an organization’s objectives, decision-making processes and long-term business goals.
Procurement Templates
DECEMBER 11, 2024
Personal Objective (Procurement Specialist): Negotiate supplier contracts with at least five key vendors to secure better terms, including price reductions, bulk discounts, and extended payment terms, by the end of Q2. Set up a Supplier Advisory Board where suppliers and internal stakeholders co-create business strategies.
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Let's Talk Supply Chain
FEBRUARY 24, 2025
These shifts are set to redefine carrier operations, impact freight rates, and change how businesses manage their supply chains. This collaboration allowed both carriers to optimize network coverage, reduce operational costs, and improve service reliability.
Jaggaer
FEBRUARY 5, 2025
Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. Assessment of the supply market (who offers what?) emergency purchases and b.)
Supply Chain Opz
NOVEMBER 9, 2014
Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?
Jaggaer
FEBRUARY 5, 2025
When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price. Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools.
Supply Chain Game Changer
MARCH 9, 2021
Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! Starting and growing a business is already a daunting task without even considering the Supply Chain construct needed to make the business run. Expertise and capital availability does not usually prioritize Supply Chain.
Procurement Insights
JANUARY 3, 2025
Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CFOs began to see procurement as critical to business continuity and organizational agility.
Let's Talk Supply Chain
JUNE 22, 2023
One of the major drivers of Women in Supply Chain is Let’s Talk Supply Chain’s commitment to supporting bridging the gender gap in the industry. And it isn’t just the right thing to do, it’s a smart investment for a business landscape hallmarked by uncertainty and yes, the more-than-occasional chaos.
Procurement Tactics
JUNE 7, 2023
It is a strategic method of managing suppliers, where the focus is on aligning suppliers and partners with your business strategy. Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain.
World of Procurement blog
APRIL 23, 2024
Welcome to the fascinating world of supply chain management (SCM)! What Is a Supply Chain? At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. What Is a Supplier?
World of Procurement blog
APRIL 23, 2024
Welcome to the fascinating world of supply chain management (SCM)! What Is a Supply Chain? At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. What Is a Supplier?
The Network Effect
APRIL 16, 2015
It is difficult to come across many supply chain leaders today who do not subscribe to the principle of Demand-Driven Supply Chains. As supply chain experts we continue to write about, provide webinars, present at conferences, and assist numerous client companies to progress towards the Demand-Driven Supply Chain model.
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. Again, as the pandemic showed, business strategies can shift quickly.
EazyStock
APRIL 18, 2023
Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. in 2023 and 4.3% Demand falls.
Supply Chain Brain
MAY 7, 2018
to the complex exercise of pricing. of course, has the potential to affect multiple stages and functions of the supply chain. But pricing — given its dependence on a host of ever-changing factors — seems an especially fertile target for the technology. In its purest form, A.I. In its purest form, A.I. On one hand, A.I.
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Supply Chain Game Changer
AUGUST 5, 2021
Subscribe to Supply Chain Game Changer. To make sure a supplier management strategy is properly aligned with the broader business strategy and adopted by the broader procurement organization then it’s important to have transformational & process leaders in place! 6 liters | Streamlined Supply Chain Compliance.
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The Good Spending
AUGUST 23, 2022
Commodity or CPI index-related prices (e.g., While a 5-7% year-on-year price reduction is perceived as a good result, you may eliminate up to 100% of wasteful demand. Procurement must work closely with the supply chain to optimize depreciation exposure to sell or dispose of slow-moving or obsolete inventories.
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Let's Talk Supply Chain
APRIL 26, 2023
Over the last few years, a lot has changed in the supply chain industry. Fueled by constant disruptions that peaked during the pandemic and constant news headlines about the latest chain issues, consumers are more informed about supply chain and how it impacts their communities and daily lives.
Let's Talk Supply Chain
MARCH 23, 2023
With a decade hallmarked by disruption, consumers are more aware of supply chain and how industry shortages, talent gaps, and climate events impact their daily lives and local communities. One dialogue that is still catching fire is how closing the gender gap in supply chain can help the industry build its ranks and agility.
IBM Supply Chain Blog
JANUARY 23, 2024
Transforming procurement with intelligent workflows has enabled its procurement professionals to onboard suppliers 10 times faster and conduct pricing analysis in 10 minutes as compared with 2 days. AI, automation, blockchain and more enabled the transformation.
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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.
Supply Chain Action Blog
AUGUST 26, 2018
There is a lot of buzz about the “autonomous” supply chain these days. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Ava Ex Machina” , let’s take a moment and put this idea into some perspective. The Driverless Car Analogy. From CBC News [link].
Supply Chain Game Changer
NOVEMBER 25, 2018
But this evolution in the supply chain, and for last mile fulfillment in particular, doesn’t end with retail. From restaurant chains to supermarkets to pharmacies to service providers, the world of logistics is experiencing unprecedented change. Real-time Visibility.
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Supply Chain Action Blog
AUGUST 26, 2018
There is a lot of buzz about the “autonomous” supply chain these days. I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain. Redesigned, retail supply chains, enabled with analytics and augmented reality, are not only meeting, but raising consumer expectations.
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.
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Finale Inventory
JULY 21, 2024
Carrying costs play an important role in the success of any ecommerce business. By understanding and effectively calculating these costs, entrepreneurs can make informed decisions to optimize their operations and maximize profitability. Storage Costs Storage costs can be a significant portion of carrying costs for ecommerce businesses.
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Empowering CPO
JULY 16, 2023
Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. They were struggling with high procurement costs and a lack of visibility into their supply chain.
IBM Supply Chain Blog
APRIL 25, 2024
This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues. Can the customer trust a business to make it easy to control their own data?
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Skill Dynamics
AUGUST 15, 2022
There are various models for supplier relationship management and it’s a complex function involving assessment, advanced evaluation, and subsequent action planning to continuously optimize long-term relationships. They cannot be managed on mass in eAuctions systems or be subjected to blanket demands for price reductions.
Supply Chain Action Blog
JUNE 29, 2016
Weak Network Design Limits Business Success. From an operational perspective, the greatest leverage for revenue, margin, and working capital lies in the structure of the supply chain or value network.*. If a value network was not explicitly designed to support the business strategy, then it probably doesn’t.
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Pipefy
AUGUST 1, 2023
No matter the department or team, every process of the business is designed to support the defined operational strategy and meet its objectives. The market fallout of the COVID-19 pandemic, including the supply chain interruptions and rising inflation rates, however, were a rude awakening for many business leaders.
52 IBM Supply Chain Blog
DECEMBER 20, 2023
Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? Prioritize procurement based on the phases and timeline of the AI integration project.
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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. They also need enough autonomy to stay agile and respond quickly as business realities change.
Empowering CPO
JULY 16, 2023
Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. They were struggling with high procurement costs and a lack of visibility into their supply chain.
Planergy
SEPTEMBER 12, 2023
Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?
IBM Supply Chain Blog
APRIL 18, 2024
While cost wasn’t the primary driver, it reflects a growing belief that the value generated by gen AI outweighs the price tag. ” AGI analyzes relevant code, generates a draft function with comments explaining its logic and allows the programmer to review, optimize and integrate it.
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Zycus Cognitive Procurement
SEPTEMBER 28, 2022
Luke Elliott discussed the dramatic shift in Procurement landscape and how Digital Procurement can help leaders stay resilient in the face of current challenges with respect to price inflation being at a 40-year high and disruptive supply chains leading to stock issues. 96% of the leaders believe that this a long-term trend.
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Pipefy
MAY 9, 2023
Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. After all, your shortages are their problem, as well.
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Empowering CPO
MAY 4, 2023
Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.
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