Procurement Tactics

MAY 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. In this article, we will discuss what 4PL means. 4PL: What is it?

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Jaggaer

MARCH 7, 2025

Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency. Improve Supplier Collaboration Digital platforms facilitate smoother interactions, from onboarding to contract execution.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Supply Chain Game Changer

APRIL 29, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Intelligent Supply Chain technologies article and permission to publish here provided by Dan Weinberger , UN Supply Chain Expert and CEO of Morpheus Network. Subscribe Here!

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Jaggaer

MARCH 24, 2025

Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks. Together, they enable procurement teams to move from reactive to proactive, optimizing sourcing strategies, improving supplier negotiations, and ensuring more accurate, real-time decision-making.

Procurement 52

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

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

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

Spend Matters

NOVEMBER 7, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. Core strengths Authentic, needs-driven foundation – “Built from the ground up to address real-world challenges, Halo Ai is designed to meet the complex needs of modern third-party risk management.

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.

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supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.

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Real-time Visibility e2e Suppliers Contract 60

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. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

IBM Supply Chain Blog

OCTOBER 13, 2023

These shifting dynamics bring about unexpected disruptions—like changes in levels of demand—impacting your ability to effectively manage your inventory, satisfy your customer needs, and ultimately your bottom line. New technologies are constantly emerging, but business team skill levels often lag behind the speed of these changes.

Real-time Visibility 67

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency Inventory 67

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. This involves analyzing spend data, identifying for consolidation, and negotiating better contracts with key suppliers.

Agile and Lean Supply Chain 52

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

Una

JANUARY 17, 2023

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology. Smart contracts.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

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Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Let's Talk Supply Chain

MARCH 2, 2025

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply chain resilience 52

Procurement Insights

MARCH 23, 2025

“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supply chain. Real-time data and AI (e.g.,

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Suppliers 52

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

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. It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. About Ivalua.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

TYA Suite

OCTOBER 27, 2024

is a comprehensive solution designed to automate and optimize the. With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. We will also discuss how to implement this tool to maximize its effectiveness.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. 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.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Let's Talk Supply Chain

MARCH 5, 2025

Leveraging Reveels unique position in parcel spend management within the Supply Chain/Logistics ecosystem, Marc collaborates with adjacent solutions to provide comprehensive offerings for high-volume shippers. How do I shape where I need to go next year, knowing that supply chain is changing really quickly?

supply chain software solutions 52

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

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

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. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. The last few years have put the word “supply chain” in the headlines as so-called supply chain disruptions and shortages have impacted everybody.

Risk management 98

Risk management Supply Chain Optimization Risk Supply chain 98

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

Let's Talk Supply Chain

OCTOBER 30, 2023

Today I’m joined by forward-thinking tech company Beacon Technologies – a brand that says, when it comes to supply chain, they believe in power to the people! Beacon’s supply chain visibility platform is a central hub for real-time ocean and air freight tracking, supply chain performance analytics and carbon emissions reporting.

Real-time Visibility 52

Real-time Visibility Supply Chain Visibility supply chain software solutions supply chain budgeting 52

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Insights

FEBRUARY 20, 2025

SAP Ariba : A leading procurement software company, SAP Ariba offers a comprehensive suite of solutions for supplier management, strategic sourcing, procurement, and financial supply chain management.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Real-time Visibility Supply Chain Efficiency 52

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Supply Chain Collaborator

JUNE 22, 2018

Supply chain experts point to broader carrier relationship development as critical to surviving and remaining competitive. Here’s 3 ways a TMS platform including the latest supply chain management solutions are precisely what shippers need to accomplish this goal. The pace of cost increases is unsustainable.

Dwell Time 106

Dwell Time Real-time Visibility Supply Chain Optimization Route optimization 106

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services.

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