Procurement Tactics

OCTOBER 13, 2022

Before we tackle what strategic sourcing managers are, we must first know strategic sourcing to fully grasp their role in the company. . Strategic sourcing is a part of the supply chain and puts an emphasis on customized solutions and strategic partnerships. This includes logistics problems or unexpected costs.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

SCMDOJO

JANUARY 26, 2024

Embarking on a journey to elevate your supply chain career requires a strategic roadmap, and in this blog post, we unveil eleven proven strategies that will act as your compass to success. When I aimed to transition from a demand planner to a supply chain manager, I developed a five-year plan.

Supply Chain Optimization 97

Supply Chain Optimization Supply chain Leadership Supply chain management 97

SCMDOJO

SEPTEMBER 19, 2024

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain management 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

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

The Good Spending

JANUARY 4, 2023

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. Category strategy will elaborate on logistical and supply management aspects, i.e., inventory planning and supply chain configuration.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

SCMDOJO

JUNE 6, 2024

Watch Procurement Jobs in Future I The Supply Chain Show video on SCMDOJO YouTube Channel! Ethical and Sustainable Procurement: The curriculum emphasizes the importance of responsible sourcing practices, aligning with the growing demand for ethical and sustainable supply chains. Enroll Now!

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

Supply Chain Game Changer

AUGUST 30, 2022

Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. The baby formula Supply Chain failed. And what happened?

Cost of ownership 103

Cost of ownership Supply Chain Optimization Procurement Price 103

Supply Chain Game Changer

DECEMBER 3, 2019

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! The company I had just joined went to market declaring that it was a world leader in Distribution and Logistics. This was another case for the Supply Chain Detective™. appeared first on Supply Chain Game Changer™.

Inventory 56

Inventory Supply Chain Optimization Supply chain Supply 56

Procurement Leaders

JUNE 1, 2022

Five years ago, global logistics company UPS’s procurement function was far from playing a strategic role. Procurement was then able to embark on the main bulk of its transformation, including implementing new teams, transitioning other functions’ spend to procurement and implementing a category management structure.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. SAP’s advancements in guided buying capability were generally a continuation of previous efforts and SAP currently partners with Zip for intake management. using RAG ).

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

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

Una

JULY 25, 2023

The Difference Between Strategic Sourcing & Category Management They say there are no stupid questions, but sometimes a new team member prefers to quietly Google a question like this rather than ask it in a meeting. Procurement and Supply Chain: What’s the Difference?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

NLPA (Next Level Purchasing Association)

JANUARY 6, 2025

What makes FIFO (First-In, First-Out) such a vital strategy for inventory management in Purchasing and Procurement? In the fast-paced and ever-changing world of supply chains, FIFO stands out as a simple yet transformative approach. E-commerce & Retail : Manages seasonal or high-turnover goods effectively.

Procurement team 52

Procurement team Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

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. The answer is simple – nothing.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

SCMDOJO

APRIL 3, 2022

Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs. Introduction to Category Management. Newsletter signup. Enter your email address. Please wait.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Strategy 52

Strategy Supply Chain Optimization Inventory supply chain software solutions 52

Skill Dynamics

OCTOBER 19, 2023

One extremely successful example is the retail giant, Amazon, whose negotiation tactics have played a significant role in its supply chain operations. Strategically negotiating with suppliers to secure competitive pricing, streamline logistics, and ensure timely deliveries has paid off for this vast e-commerce network.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

Una

MARCH 6, 2024

Digital Marketing Outsourcing digital marketing activities like social media management, content creation, and search engine optimization (SEO) can help businesses build a strong online presence, reach a wider audience, and drive growth. Strategic Sourcing Need some expert advice? And truly, Una membership is free.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Let's Talk Supply Chain

APRIL 18, 2024

The continuing conflict in Gaza with dire humanitarian implications is an ongoing supply chain disruptor and rising economic threat. Historically, wars around the globe have spiked oil prices , accelerating costs and challenges across the chain. With all this in mind, supply chain challenges aren’t going anywhere.

supply chain budgeting 98

supply chain budgeting Supply Chain Optimization Supply chain Supply 98

Positive Purchasing

JANUARY 25, 2024

So, I worked it out for myself, and in my latest book, ‘ Trade Wars, Pandemics and Chaos ’, I lay it out – it’s taking technology, data and analytics and using it to create supply and demand power. Now, to really optimize our contribution, we have to elevate purchasing process out of the transactional. Break Down Barriers.

Data 52

Data Supply Chain Efficiency Supply Chain Optimization Procurement 52

Arkestro

MARCH 28, 2025

This webinar will highlight key supply categories (MRO, Capital, Bill of Materials, and Logistics) and how predictive technology optimizes Spot Buy, Strategic Sourcing, and Category Management. The solution?

Strategy 52

Strategy Bill of materials Supplier negotiation Procurement 52

Jaggaer

MARCH 28, 2025

As global organizations face increasing demands to do more with less, procurement and supply chain teams are under pressure to drive greater value while reducing operational complexity. Release introduces a range of enhancements that directly address common roadblocks in sourcing, contracting, and category management.

Innovation 52

Innovation Supply Chain Efficiency Procurement Procurement team 52