This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Cost optimization Supply Chain Efficiency Supply Chain Optimization 
SCMDOJO
JANUARY 29, 2025
Supply chain reports offer a comprehensive view of your entire supply chain operation. They are powerful tools for businesses to identify areas for improvement, optimize processes, and gain a competitive edge. What are Supply Chain Reports?
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SCMDOJO
SEPTEMBER 24, 2024
Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.
SCMDOJO
JUNE 6, 2023
For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization?
Advertiser: GEP
And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?
IBM Supply Chain Blog
JULY 5, 2023
You can scale your cloud resources up or down to meet demand, and costs will follow. However, cloud services costs can be higher than anticipated, so monitoring and optimizing your cloud spend is critical. Why do you need cloud cost optimization? Limit data transfer fees by avoiding unnecessary data transfers.
SCMDOJO
OCTOBER 7, 2024
The Global Supply Chain is thriving with each passing day. However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. Let’s learn the role of cost efficiency vs cost effectiveness! What is Efficiency and Effectiveness?
SCMDOJO
FEBRUARY 16, 2025
From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception.
Procurement Templates
NOVEMBER 21, 2024
Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Conduct Supplier Assessments: Regularly evaluate supplier performance using scorecards focused on quality, delivery, and cost. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,
SCMDOJO
MARCH 25, 2024
Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Global Supply Chain Complexities: Nowadays, global supply chains have been subjected to a heightened need for dynamism, responsiveness, and online visibility.
IBM Supply Chain Blog
AUGUST 15, 2023
Similarly, comprehending the savings realized in a cloud-cost-optimization journey offers valuable insights into the impact of your efforts. It’s like having a financial guide by your side, showing you the tangible benefits of your optimization strategies and motivating you to keep pushing forward. In version 8.9.3,
ivalua
APRIL 2, 2019
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As
28 
SCMDOJO
FEBRUARY 21, 2025
Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Optimize costs without compromising supply chain continuity. Build strong supplier partnerships for long-term stability.
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.
SCMDOJO
AUGUST 28, 2024
The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain.
Procurement Leaders
DECEMBER 9, 2022
With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.
162 
SCMDOJO
DECEMBER 14, 2023
This crucial step forms the foundation for a tailored and efficient sourcing process. Sourcing agencies take charge of the entire shipment process, selecting the most efficient and cost-effective shipping methods. Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards.
104 
Skill Dynamics
JUNE 26, 2024
We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive. The global supply chain management market size is projected to hit around USD 72.1 billion by 2032.
Procurement Templates
MARCH 3, 2024
This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Develop strategies to mitigate these risks and build resilience within the supply chain.
Supply Chain Brain
FEBRUARY 2, 2025
AI-empowered tools, complementary to WMS, exist today that add orchestration, leading to increased efficiencies, reduced costs, optimized inventory and enhanced customer satisfaction.
IBM Supply Chain Blog
SEPTEMBER 20, 2021
For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings.
Skill Dynamics
FEBRUARY 11, 2025
Risks are guaranteed when dealing with a supply chain, but that doesnt mean you can afford to ignore them. Understanding and addressing any legal issues within your supply chain is vital to ensuring compliance with regulations and developing an effective chain that can operate efficiently and at scale.
IBM Supply Chain Blog
OCTOBER 3, 2023
Together, IBM Instana and IBM Turbonomic provide real-time observability and control that everyone and anyone can use, with hybrid cloud resource and cost optimization so you can safely automate to unlock elasticity without compromising performance. Ops teams can automate optimization to assure app performance at the lowest cost.
ivalua
APRIL 2, 2019
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As
100 
IBM Supply Chain Blog
MAY 17, 2024
Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization. Everything runs seamlessly and efficiently and all stakeholders are aware of the cloud’s potential to drive business objectives.
Procurement Templates
JUNE 18, 2023
Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.
130 
Supply Chain Game Changer
MAY 1, 2019
Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Article written for Supply Chain Game Changer by, and permission to publish here provided by, Andrei Klubnikin at at R-Style Lab. trillion on logistics and supply chain within the next five years. Email Address.
98 
SCMDOJO
DECEMBER 11, 2023
In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. This blog aims to empower procurement professionals by shedding light on how each report contributes to enhanced transparency, accountability, and efficiency within the procurement function.
Jaggaer
FEBRUARY 5, 2025
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. These four steps constitute the upstream source-to-contract part of the process.
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.
98 
IBM Supply Chain Blog
JUNE 19, 2023
By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. However, now we see how brittle these global supply chains are. trillion in 2023 because of these disruptions.
77 
Spend Matters
JANUARY 16, 2024
As costs continue to spiral upwards and supply chain disruptions become the new norm, procurement leaders must grapple with the dual responsibility of achieving cost savings while considering broader strategic initiatives, such as risk management, sustainability and nurturing vital supplier relationships.
EazyStock
JANUARY 18, 2019
Are you interested in expanding your knowledge on the latest trends and technologies within the supply chain industry? EazyStock has complied a new list of the top 2019 Supply Chain events that you can’t afford to miss. ProMat is where manufacturing and supply chain professionals come to find their supply chain WOW.
Let's Talk Supply Chain
NOVEMBER 6, 2023
 In today’s episode of Women In Supply Chain, I’m joined by T.J. Kragenbrink – former calculus teacher and Harvard alum turned actuarial studied work-from-home mama, driving operational efficiencies in the post-purchase return experience for busy consumers everywhere. After achieving her master’s from Harvard, T.J.
SCMDOJO
DECEMBER 5, 2024
Watch videos on SCMDOJO’s YouTube channel to learn more about best practices for inventory optimization! It includes a course on inventory management fundamentals, an Excel tool for inventory optimization, and detailed guides on stocktaking and cycle counting procedures. Click here! Read More about How to Improve Forecasting Accuracy?
98 IBM Supply Chain Blog
MARCH 6, 2024
As businesses adapt to the evolving digital landscape, cloud migration became an important step toward achieving greater efficiency, scalability and security. This migration type is driven by the pursuit of cost efficiency or for better security. This shift involves a fundamental change in the way a company operates.
73 
Arkestro
JANUARY 4, 2023
Among them were supply chain disruptions , inflation, and supply scarcity and shortages. The talent shortage in procurement and supply chain is nothing new: it’s been going on for several years now. The Supply Chain Will Continue to Heal. However, it will be a very cautious optimism.
IBM Supply Chain Blog
MAY 1, 2023
In this blog post, we will review the various methods of GCP cloud cost management, what problems they address and how GCP users can best use them. Let’s review how IBM Turbonomic helps customers optimize their GCP cloud costs. The only way to optimize horizontal scaling is to do it in real-time through automation.
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. It eliminates waste and enables companies to manufacture products at lower costs.
Finale Inventory
JULY 21, 2024
Running an efficient ecommerce business requires careful planning and effective inventory management. By determining the optimal time to reorder products, you can ensure that you never run out of stock while avoiding excessive holding costs. One key aspect of inventory management is calculating the reorder point.
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!
105 
Jaggaer
OCTOBER 24, 2024
Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.
Jaggaer
OCTOBER 24, 2024
Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction. As procurement and supply chain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business.
Pipefy
JANUARY 9, 2024
Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. The benefits include cost savings increase, better decision making and risk management. This also leads to more efficient and strategic procurement. What is smart procurement?
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content