Procurement Tactics

OCTOBER 18, 2022

Additionally, it allows managers to build better relationships with suppliers based on the importance of each supplier. . SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . ProcureWare.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Templates

JUNE 18, 2023

Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success. Attend workshops, seminars, and conferences related to procurement and supply chain management.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

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

Jaggaer

JUNE 23, 2020

Pharmaceutical companies have complex supply chains that are often not optimized to their full potential. From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. So how should a pharmaceutical company approach supply and distribution chains?

Networking 72

Networking Supply Chain Optimization Supply Supply chain 72

Jaggaer

APRIL 9, 2025

but also external data such as supplier networks and performance, extended supply chains, and the environmental impact of their operations. But in manufacturing it is more specifically the use of machine learning (ML) solutions and deep learning neural networks to optimize manufacturing processes.

Strategy 52

Strategy Supply Chain Optimization Supply Chain Efficiency Quality 52

Spend Matters

SEPTEMBER 26, 2022

Categories: Analysis , Procurement Systems & Architecture , Spend Management , Supply Chain , Supply Chain Management , Trade Financing Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Trax, a Transportation Spend Management (TSM) solution. Read more. ).

Spend management 95

Spend management supply chain budgeting Supply Chain Optimization Management 95

Jaggaer

APRIL 9, 2025

This year’s event promises to be our best yet, with exceptional speakers, networking opportunities, and of course, these newly announced customer awards. Categories for the Pro-to-Know recognition include but are not limited to Supplier Management, Sourcing, Contract Management, eProcurement, Form Requests, and AP Automation.

Supply Chain Optimization 52

Supply Chain Optimization Eprocurement Supply chain resilience Contract 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Jaggaer

FEBRUARY 5, 2025

Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach. Poorly managed onboarding can even put the entire payment chain at risk of vendor fraud or mistakes.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Gaining a Full Picture of Supply Chain Threats.

Risk management 147

Risk management Risk Suppliers Management 147

SCMDOJO

JUNE 6, 2024

Career Advancement: The track is designed to prepare individuals for junior and middle management roles in procurement, providing a clear path for career progression. Networking Opportunities: Learners can connect with other procurement professionals through the SCMDOJO community, fostering valuable relationships and knowledge sharing.

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

Jaggaer

FEBRUARY 5, 2025

These four steps constitute the upstream source-to-contract part of the process. Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

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

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. With a Ph.D.

Agile and Lean Supply Chain 59

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

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. For example, blockchain-backed contract management, when combined with automation, creates efficiencies and offers a high level of security.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

ivalua

MAY 17, 2023

This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. Thank you to our guest speakers, Solution Consultants, and the Product Marketing team!

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

SCMDOJO

DECEMBER 14, 2023

Their extensive network of suppliers across the globe opens doors to new markets and a diverse range of products. Specializing in industrial engineering, lean manufacturing, and B2B sourcing, they work with businesses of all sizes, offering expertise in supply chain processes, continuous improvement, and leadership.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Spend Matters

FEBRUARY 22, 2024

With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. It’s no longer good enough to focus on just one area. That alone increases efficiency,” he continued.

Supply Chain Efficiency 111

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 111

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Yet only 26% were able to confidently predict risk within their supply bases. Subscribe Here!

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

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

ivalua

APRIL 5, 2023

Our Partner + Customer day was packed with networking, exchanging ideas, and having a good laugh; it was the perfect recipe for reconnecting and recharging! Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap.

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130

Procurement Tactics

AUGUST 31, 2022

The second option is through a network that connects multiple organizations and suppliers. The network model is typically used today where the growth of utilizing e-invoicing is expected. . It is a platform that claims to enhance procurement by optimizing efforts, lowering the turnaround time, and improving efficiency. .

supply chain software solutions 130

supply chain software solutions supply chain budgeting Procurement Supply Chain Efficiency 130

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Una

MAY 25, 2023

By conducting a comprehensive risk assessment, organizations can develop strategies to mitigate these risks and protect their supply chains. Hot tip: It’s impossible to make a plan for every possible risk scenario, but it is possible to build a risk management framework that is agile enough to apply to different types of risk.

Purchasing 96

Purchasing Risk Management Procurement 96

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

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

Planergy

FEBRUARY 24, 2025

Aggregated Spending Analysis: Build comprehensive spending reports that show total institutional expenditure, potential consolidation opportunities, vendor performance trends, and budget optimization strategies. Negotiation techniques such as long-term contract considerations, flexible pricing structures, and performance-based incentives.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

World of Procurement blog

MAY 8, 2024

Scope : Procurement spans the entire process from identifying requirements to contract closure. Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. How can procurement help achieve those aims through better supplier relationships and spending optimization?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JULY 16, 2023

Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. It involves the process of identifying, selecting, acquiring, and managing resources that a business needs to fulfill its operations and meet its goals.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Let's Talk Supply Chain

NOVEMBER 2, 2022

You asked, and we are delivering – with another brand new mini-series, featuring the logistics expert, tech innovator and firm Let’s Talk Supply Chain favorite… Sifted ! If you have a carrier contract with agreed pricing, customized to your business, then monitoring is going to be valuable.”. 26.07] Jeremy’s final words.

Contract 52

Contract Supply Chain Efficiency Supply Chain Optimization Contract management 52

Empowering CPO

JUNE 20, 2023

This blog post explores the pivotal role of Spend Analysis within the realm of Supply Chain Management, an area that can greatly benefit from the insights it provides. When applied to Supply Chain Management, Spend Analysis serves as an invaluable tool.

Supply chain management 40

Supply chain management Supply chain management supply chain budgeting Supply Chain Efficiency 40

Spend Matters

JANUARY 23, 2024

We see this with the incorporation of a LLM into SAP Ariba Category Management and the increasing role of Joule across our portfolio.” It’s also worth remembering that some elements of GenAI have seen use in procurement and supply chain applications for years. Take contract management, for example.

Category management 95

Category management Data supply chain software solutions Procurement 95

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What Exactly Is Supply Chain Management? Supply Chain Opz characterizes Purchasing as such: “ Purchasing refers to the process by which a company contracts with third parties to obtain goods and services required to fulfill its business objectives in the most timely and cost-effective manner” [link].

Purchasing 62

Purchasing Procurement Purchase orders Supply Chain Optimization 62

World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. Enhancing contract management : Natural language processing enables AI to extract key data from contracts.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52