ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Procurement 154

Procurement Procurement team Supply Chain Efficiency Business strategy 154

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

SCMDOJO

OCTOBER 7, 2024

The Global Supply Chain is thriving with each passing day. Business profitability and customer satisfaction always go hand in hand. However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. Let’s learn the role of cost efficiency vs cost effectiveness!

Supply Chain Efficiency 92

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

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Tactics

SEPTEMBER 22, 2022

33 Procurement Interview Questions in 2022. Sustainable Procurement Business Examples — The Ultimate Guide. Sustainable procurement is being adopted by many companies to reduce their carbon emissions and achieve sustainability. After reading this article, you will have a deeper understanding of sustainable procurement.

Sustainability 130

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 130

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”?

Agile and Lean Supply Chain 109

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

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. .

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

SCMDOJO

DECEMBER 18, 2023

This ensures that production processes remain uninterrupted, maximizing overall operational efficiency. Enhancing Profitability: Efficient spare parts management directly impacts a company’s bottom line. When the right spare parts are readily available, equipment downtime is minimized.

Supply Chain Efficiency 94

Supply Chain Efficiency Inventory control Management supply chain budgeting 94

Jaggaer

APRIL 22, 2019

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement at the pivot point. using a total cost of ownership strategy) and identify key risks (and related costs) to avoid.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. They miss the huge opportunity of co-innovating with these businesses, especially startups, by failing to take a differentiated approach. What are they transparent about?

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is Committed.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. We should also consider the environmental and social impact of our procurement decisions.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Pipefy

JANUARY 9, 2024

The procurement process is a complex series of workflows that spans various systems, departments, and operational business units. And that’s where smart procurement comes in. Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Procurement supply chain software solutions 52

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?

Supply chain management 52

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

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?

Supply chain management 52

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

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Interestingly there are many views on how to define Supply Chain.

Supply chain management 72

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 72

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. These need to be aligned with the overall business strategy.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. Value is paramount to procurement evolution. The following pyramid of procurement evolution puts the value proposition at the chart's top.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

Supply Chain Optimization 52

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

Procurement Tactics

JANUARY 9, 2023

33 Procurement Interview Questions in 2023. We, at procurement tactics, will tackle how you can transform into a sustainable business while maintaining a high margin or profitability. We will tell you ways to have a sustainable business. Including them in your plan will efficiently help you achieve sustainability. .

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210

Una

NOVEMBER 1, 2022

For decades, procurement professionals saw as much daylight as the basement-dwelling character Milton Waddams in Office Space. 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.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

Agile and Lean Supply Chain 130

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

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

Agile and Lean Supply Chain 130

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

Barkers Procurement

JULY 21, 2024

How to Implement ESG in Your Supply Chain As businesses increasingly recognise the importance of sustainability, Environmental, Social, and Governance (ESG) criteria have become essential elements in defining corporate responsibility. This involves setting clear, achievable objectives aligned with your overall business strategy.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Ethics 52

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

Until you can leverage what it takes to succeed, most businesses today will struggle to maintain fiscal viability and relevance in the Modern Global Market. The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. Inability to execute good Business Strategies.

Agile and Lean Supply Chain 52

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

Procurement Heads

JUNE 28, 2023

Amanda Davies is Chief Procurement and Sustainability Officer at Mars Wrigley and a member of the Mars Wrigley Global Executive Team, based in Chicago, Illinois.   In her current role, she is responsible for connecting the dots between Mars Wrigley’s sustainability goals and the needs of their supply chain. 

Sustainability 130

Sustainability Supply Chain Efficiency Leadership Supply chain 130

Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Ounces | Sustainable Procurement Initiatives. Subscribe Here! Email Address. What is Supplier Relationship Management (SRM)? I love cooking.

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

Arkestro

FEBRUARY 25, 2025

Resources / Blog / How (and Why) Sustainability Became an Essential Part of Procurement Processes How (and Why) Sustainability Became an Essential Part of Procurement Processes In todays rapidly evolving procurement landscape, sustainability is no longer just a buzzword its a business necessity.

Sustainability 52

Sustainability Supply Chain Efficiency supply chain budgeting Ethics 52

Procurement Heads

JUNE 14, 2023

For Procurement Heads ‘ latest CPO Spotlight, he spoke with Dan Goodson about how he got into procurement & what he’s doing to improve diversity. How did you get into procurement? I have done various roles throughout that time in project management, commercial, finance, strategy, and then latterly in procurement.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

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

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. Far more businesses have quickly adapted to online models and remote work than anyone expected. Here’s where a robust operational efficiency program is more effective.

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

HICX

DECEMBER 11, 2023

The effective management of supply chains is critical to business operations and by adopting newer digital solutions, organizations can benefit from improved efficiency, reduced costs and operational improvements across the supply chain as a whole. The result is a more synchronized and agile supply chain.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

SEPTEMBER 17, 2019

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

Agile and Lean Supply Chain 59

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