Supply Chain Game Changer

JUNE 11, 2019

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization Supply chain 105

Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

Supply chain management 92

Supply chain management Supply chain management Supply Chain Optimization Agile and Lean Supply Chain 92

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

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Digitalization also fosters greater agility in supplier management.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

SCMDOJO

APRIL 20, 2023

Roles and Responsibilities Within the Procurement Department The procurement department is responsible for managing the purchasing and procurement process for a company or organization. Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] What does a Procurement Manager do?

Management 116

Management Procurement Contract management Supply Chain Optimization 116

Jaggaer

OCTOBER 24, 2024

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. It provides valuable insights, improves supplier management, and facilitates stronger and more profitable supplier relationships.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Procurement Leaders

JUNE 1, 2022

To do that, the procurement team engaged a team of consultants, who “ushered” the existing team to deliver savings from its existing spend under management by focusing on foundational category management approaches including negotiation, consolidation and vendor rationalisation. Change management.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

Supply Chain Game Changer

FEBRUARY 12, 2020

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! . Why have so few companies adopted a TMS (Transportation Management System) solution? Many years ago I started a Supply Chain Services business as a new service within the company. Subscribe Here! Email Address.

Management 76

Management Real-time Visibility Supply Chain Optimization supply chain budgeting 76

Spend Matters

MARCH 27, 2024

In fact, more than 80% of CPOs, it states, indicated that digital transformation is a top priority, with a specific focus on GenAI, because “… AI tools can help procurement professionals identify trends and patterns that are otherwise impossible to tease out, thereby enabling more informed decisions from supplier selection to contract negotiation.”

Procurement 112

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 112

TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Understanding Procurement Management in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

ivalua

DECEMBER 8, 2020

They configured their eSourcing technology to run high volume forward auctions to optimize the price received on used handsets. Technology has become easier to use and leaders place more focus on change management. New revenue opportunities, more sustainable and agile supply chains, accelerated innovation.

Procurement 130

Procurement Leadership Innovation Agile and Lean Supply Chain 130

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

World of Procurement blog

MAY 23, 2024

Companies pursue supplier consolidation for a few key reasons: To reduce procurement costs by negotiating volume discounts and more favourable contract terms with fewer suppliers. This enables data-driven supplier management and performance optimisation. Having capacity contingencies is ideal to mitigate supply chain risks.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

FEBRUARY 23, 2024

As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Procurement teams can proactively manage inventory, negotiate contracts, and mitigate risks. Change Management: Employees need training to adapt to AI-driven processes.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

SEPTEMBER 29, 2020

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. In our experience the best way to systemically, and sustainably, optimize inventory is to take a process based inventory turnover improvement approach.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 10, 2024

Supplier consolidation, contract negotiation, and other strategic sourcing levers can be applied to categories with the greatest savings potential. Supplier Management with AI AI is transforming how procurement teams evaluate, select, and manage suppliers. Managing contract compliance is another area where AI excels.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

MAY 22, 2024

For example, for procurement, total cost of ownership is necessary to determine which supplier offers the better long-term value, which, in turn, helps prioritize investments, negotiate better contracts, and select the most cost-effective vendor or supplier. Invest in change management and employee training.

Cost of ownership 52

Cost of ownership Purchasing supply chain software solutions Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 8, 2018

Many years ago I started a Supply Chain Services business as a new service within the company. The fundamental premise was that we had great Supply Chain expertise, tools, systems and processes which we could easily offer to customers. One of the services that was very compelling was our Freight Management service.

Management 43

Management Real-time Visibility Supply Chain Optimization supply chain budgeting 43

Strategic Sourceror

JUNE 21, 2022

In projects as big as ERP implementation, it's recommended to perform a thorough review of your data and sources, as well as carry out a full data cleanse to ensure optimal effectiveness. Brought to you by the StrategicSourceror.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Strategic sourcing Strategic sourcing 52

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. A procurement strategy is a comprehensive plan designed to streamline and manage the process of acquiring goods and services an organization needs to operate efficiently.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Supply Chain Game Changer

JANUARY 30, 2020

Subscribe to Supply Chain Game Changer. “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

IBM Supply Chain Blog

APRIL 19, 2023

In addition, a change management strategy was implemented to ensure everyone involved in the project was on board with the transformations. Greater transparency and trust in data provide a central project management solution for project forecasting and P&L Reporting.

Data 81

Data Budget Project management Risk 81

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. Business process management examples BPM can help improve overall business operations by optimizing various business processes.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

TYA Suite

SEPTEMBER 15, 2024

ERP systems are designed to centralize and automate various business processes, providing a unified platform for managing resources, finances, operations, and supply chains. Procurement ERP software often includes SRM modules that enable businesses to manage supplier information, evaluate performance, and maintain strong.

Procurement 40

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

Empowering CPO

JULY 5, 2023

Our offerings, from spend analysis and sourcing support to contract and supplier management, are designed to optimize procurement operations, improve efficiency, and drive cost savings. Benefits of Utilizing Managed Procurement Services Managed Procurement Services bring a host of benefits to businesses.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1. Develop a Comprehensive Procurement Strategy A.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Importance of Innovative Procurement Models In the era where change is the only constant, innovation has become a necessity rather than a luxury.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

TYA Suite

NOVEMBER 5, 2024

In recent years, artificial intelligence (AI) in procurement has emerged as a game-changer, redefining how organizations manage their supply chains, purchasing decisions, and. This automation helps procurement teams work more efficiently and focus on high-value tasks such as negotiations and strategic sourcing.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Procurement team supply chain budgeting 40

Pipefy

NOVEMBER 3, 2023

A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. How digital automation saves the day Procurement processes that aren’t optimized for efficiency and accuracy can have a devastating effect on overall business performance. Pipefy, 2023.

Procurement 52

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

Supply Chain Game Changer

NOVEMBER 15, 2018

If you can increase spend levels through centralized spend aggregation across entities then you increase your leverage in negotiations. But to be able to get these benefits you need the formal and informal authority to negotiate against all of that spend. Negotiating skill and relationships can play a big part. And rightly so.

Procurement 43

Procurement Negotiation Purchasing Procurement team 43

Supply Chain Game Changer

NOVEMBER 17, 2018

Just swooping in and telling these people that you are now going to select suppliers and negotiate for them won’t work. And they often don’t trust that someone can negotiate better than they can even if their spend levels are lower. A Change Management Program. appeared first on Supply Chain Game Changer™.

Procurement 52

Procurement Purchasing Purchase orders Suppliers 52