Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Tactics

JULY 2, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. A clear budget 4. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

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.

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Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

ivalua

MARCH 5, 2020

Another major development in terms of the future Procurement role is the increasing importance of the agenda around sustainability and purposeful business, which again has relevance to the collaboration imperative. . Then, as often happens these days, the questions took us back onto sustainable Procurement or “Procurement with purpose”.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

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

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Jaggaer

MARCH 6, 2025

The landscape of public sector procurement has undergone significant transformation in recent years, driven by advancements in technology, evolving regulatory frameworks, and an increasing emphasis on sustainability. These reforms and similar ones in other countries open up opportunities for public sector buyers.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Jaggaer

MARCH 19, 2025

Procurement today has three overarching objectives: to maximize profitability, minimize risk, and optimize sustainability. We want to reduce costs. The second has become more pronounced in recent years, notably with the Covid pandemic and supply chain disruptions. The first of these has always been with us.

Contract management 52

Contract management supply chain budgeting Sustainability Influencing 52

Jaggaer

FEBRUARY 5, 2025

This can include evaluating the suppliers financial stability, past performance, capacity to meet demand, and potential risks related to geopolitical factors, supply chain issues, or sustainability. Buyers can standardize their systems and require suppliers to use compatible technologies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Supply Chain Game Changer

NOVEMBER 7, 2022

Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations.

supply chain budgeting 86

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Procurement Tactics

JUNE 8, 2023

A purchase order clearly specifies the details of the purchase, such as the quantity, description, and price, ensuring there are no misunderstandings between the buyer and the seller. Also, purchase orders play a crucial role in budget control. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

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Purchase orders Purchasing Buyers Quantity 130

Procurement Insights

MARCH 16, 2025

MCP ensures that previous supplier evaluations, compliance issues, and sustainability scores are factored into ongoing sourcing decisions. Improved Outcome: Procurement teams get context-aware supplier suggestions , reducing risk and improving supplier relationships. ABM simulates market dynamics and predicts future supply chain risks.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Procurement Software

MARCH 16, 2025

These small but impactful changes set the stage for sustained cost savings and strategic decision-making. Three-way communication between Buyers, Stakeholders and Suppliers avoids the need for unnecessary emails. Below are ten areas where digital procurement can deliver almost immediate improvements.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. Reducing suppliers also helps mitigate risk throughout the supply chain.

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Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Sustainability is an existential challenge. Need a little inspiration?

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supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Sustainability is an existential challenge. Key Takeaways.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

Una

JULY 12, 2023

EPISODE 123 Healing Healthcare Supply Chains with Luká Yancopoulos By Kelly Barner | July 12, 2023 Many supply chains deal with pain points. During the pandemic, Luká and William Danon started Pandemic Relief Supply, a venture that delivered $20 million worth of health care supplies to frontline workers.

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supply chain budgeting Supply Chain Efficiency Supply chain Supply 52

Spend Matters

JULY 14, 2022

London-based Efficio is the world's largest pure-play procurement and supply chain consultancy (i.e., eFlow is also a means to make procurement transformation initiatives more sustainable as attempts to do so are often short-lived. eFlow is now part of Efficio’s blended value proposition that includes services and technology.

Market analysis 98

Market analysis supply chain budgeting Sustainability Procurement team 98

Jaggaer

FEBRUARY 20, 2025

Best-in-class organizations achieve excellent insight into their spending trends to act on inefficiencies and capture savings opportunities while ensuring compliance with internal, national, international regulations and minimizing the risks of supply chain disruptions.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers.

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Suppliers Management Supply Chain Efficiency Collaboration 130

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

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

Strategic Sourceror

JANUARY 20, 2023

Many suppliers and manufacturers have struggled to adjust their management and logistical structures to keep pace, forcing them to push increased costs down to consumers. If they don't, they might not have the cash reserves to sustain normal business operations. Rising interest rates make it harder to access capital The U.S.

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supply chain budgeting Raw materials Supply chain Supply 62

Let's Talk Supply Chain

AUGUST 7, 2022

Today I’m joined by Orderful , a forward-thinking EDI software provider, that is on a mission to modernize contemporary supply chains. IN THIS EPISODE WE DISCUSS: [06.41] Erik’s founder story, and the journey that led him to “experience the tension between small suppliers and giant buyers” first hand, and establish Orderful. “I

supply chain software solutions 98

supply chain software solutions supply chain budgeting Real-time Visibility Supply Chain Efficiency 98

Jaggaer

SEPTEMBER 18, 2024

Navigating ESG, Supply Chain Risks & Polycrisis Procurement and supply chain executives face a complex landscape of polycrisis : resource scarcity, disruptions resulting from geopolitical tensions and climate change, rising ESG due diligence and reporting requirements, and looming corporate net zero commitments.

Sustainability 52

Sustainability Risk Procurement Supply Chain Efficiency 52

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. appeared first on Supply Chain Game Changer™.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

Procurement Tactics

JUNE 30, 2023

This will eventually cause a negative impact in the lumber industry as the supply chain is plenty while the demand is below average. Furthermore, pandemic home buyers are expected to stay in their homes rather than move and buy expensive houses to keep their low mortgage rates.

Price 177

Price Suppliers Quality Negotiation 177

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Una

MARCH 6, 2023

How to innovate: Identify your organization’s most pressing non-financial priorities (such as sustainability) and re-work your criteria to attract suppliers that match this need. Getting Lean may therefore mean finding ways to reduce cost-to-source, or reducing the team headcount and doing more with less.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

Let's Talk Supply Chain

MAY 14, 2023

Flexport is building the platform for global logistics, empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. 14.43] An overview of Flexport, what they do and how they help their customers; their mission to improve the supply chain industry; and what sets them apart.

e2e 59

e2e supply chain budgeting Supply Chain Optimization supply chain software solutions 59

Spend Matters

JUNE 19, 2023

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Positive Purchasing

SEPTEMBER 5, 2023

Jonathan: We set the business up because we were convinced the World needed and was ready to embrace sustainability in both immediate suppliers and right down their extended supply chain – and a heap of conversations with prospective clients confirmed that this was indeed the case.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Positive Purchasing

JUNE 11, 2024

Jonathan O’Brien, CEO of Positive Purchasing, author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability within your supply base, then prioritizing where and how to focus your resources to make the greatest and most cost effective positive impact.

Sustainability 52

Sustainability Supply supply chain budgeting Suppliers 52