Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it?

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Jaggaer

APRIL 9, 2025

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. Industry-Specific Expertise – Not all ERP solutions are created equal.

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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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Procurement Insights

MARCH 18, 2024

“Supply chain visibility refers to the ability to track and monitor products, materials, and information as they move through the various stages of a supply chain, from the sourcing of raw materials to the delivery of the final product to the end consumer. Keep that in mind.

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Spend Matters

OCTOBER 4, 2023

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

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Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

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Supply Chain Game Changer

NOVEMBER 9, 2021

As happened everywhere, lockdowns constrained, if not restricted, the processing of the raw materials required for rubber as well as the subsequent refining and manufacturing steps that create finished rubber products. The Pandemic Bounce Effect on the Rubber Supply Chain. Copyright © Mortson Enterprises Inc. All Rights Reserved.

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Supply Chain Game Changer

NOVEMBER 19, 2018

From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. End to End Supply Chain Visibility and the Internet of Things (IoT). The Supply Chain is central to having the complete visibility required to run any company. Cost and Profit Management.

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TYA Suite

APRIL 13, 2025

raw materials, software licenses). It helps businesses track purchases, control costs, ensure compliance with procurement policies, and maintain proper records. Ensuring purchased materials meet required standards. An automated purchasing system uses software to streamline procurement activities.

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Supply Chain Game Changer

JULY 2, 2021

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. Prioritizing supply chain visibility. The massive global shipping squeeze.

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Barkers Procurement

AUGUST 2, 2023

What Are The Pressures That Procurement Faces In 2023 And Beyond? In recent years we have seen the demand placed upon the Procurement function significantly increase. What is driving the pressure on Procurement? The pressures that have been placed on the Procurement function show no signs of reducing.

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Jaggaer

JUNE 28, 2024

The topic under discussion was current challenges in direct procurement. I sincerely believe that procurement has a leading role to play in this transformation, and doing so calls for a true balancing act. Pre-pandemic, nobody outside procurement and supply chain management ever mentioned it. No pressure, then!

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IBM Supply Chain Blog

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

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Barkers Procurement

JANUARY 26, 2024

The Pressures That Procurement Faces In 2024. In recent years, we have seen the demand placed upon the Procurement function significantly increase. What is driving the pressure on Procurement? The pressures that procurement faces show no signs of reducing. What can Procurement do to successfully challenge these pressures?

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Barkers Procurement

JANUARY 26, 2024

In recent years, we have seen the demand placed upon the Procurement function significantly increase. What is driving the pressure on Procurement? The pressures that have been placed on the Procurement function show no signs of reducing. What can Procurement do to successfully challenge these pressures? in December 2023.

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Procurement Software

JULY 4, 2023

Digital procurement tools offer buying teams a once-in-a-generation opportunity. What is digital procurement? Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. What is procurement tech? What technologies power digital procurement tools?

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Procurement Software

MARCH 5, 2024

US procurement startups are killing it. It’s no surprise that in the home of big tech, Silicon Valley and seemingly endless VC investors, there’s a thriving and diverse procurement tech ecosystem. Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

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SCMDOJO

JANUARY 26, 2024

Become Socially Visible Boost your social visibility by optimizing your social media profiles, particularly on platforms like LinkedIn. By being socially visible, you not only present yourself as a proactive and engaged professional but also increase your chances of being noticed by recruiters and industry peers.

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Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Introduction A.

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IBM Supply Chain Blog

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. Organizations may also choose to vet each supplier to ensure their own sustainability practices align—from the suppliers of raw materials for production to those who provide shipping boxes.

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Let's Talk Supply Chain

JUNE 27, 2022

Xinjiang produces vast amounts of raw materials like cotton, coal, sugar, tomatoes, and polysilicon, and the city supplies workers for China’s apparel and footwear factories. Arguably the biggest issue facing importers today is the lack of visibility and transparency in their supply-side networks.

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SCMDOJO

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They play a crucial role in the supply chain by ensuring the availability of raw materials or finished products for transportation.

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SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

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SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Thinking Forward. .

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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. Make The make phase refers to manufacturing processes that transform raw materials into finished products.

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Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! Tracking and Tracing of raw materials through manufacturing to the end customer must take on Amazon-like capabilities, meaning customers will know where their orders are at any one time, just like when you order from Amazon. Subscribe Here! Email Address.

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Supply Chain Game Changer

NOVEMBER 12, 2018

Supply Chain must find and qualify suppliers, manage the introduction of new components, materials and products, and coordinate the logistics of these suppliers, raw materials and products. If you are delivering products to customers you need to provide that visibility to Customers and to Customer service agents.

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Finale Inventory

SEPTEMBER 4, 2024

Defining Supply Chain Traceability In straightforward terms, supply chain traceability means having full visibility and transparency across the entire supply chain. It allows businesses to understand where their products come from, how they are made, and how they reach the end consumer.

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IBM Supply Chain Blog

AUGUST 15, 2023

Production management was also primarily based on experiential judgment, leading to frequent last-minute procurement of raw materials, which posed cost-management risks and caused delays in tracking procurement progress.

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Supply Chain Game Changer

FEBRUARY 8, 2022

Commodity and raw material shortages of every kind have delayed the manufacturing and distribution of goods across most industries, driving up prices in the process. One of the fundamental problems which has contributed to the current breakdowns is the sheer lack of visibility.

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SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

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Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Limited Supplier Network. Managing risk.

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Supply Chain Game Changer

JULY 14, 2020

The visibility to and the impacts of this disruption is also unprecedented. Whether it be logistics, planning, procurement, or distribution for instance it may be more robust for companies to outsource some or all of these functions to firms that are industry experts in these areas. What’s the New Normal in Supply Chain?

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Procurement Insights

FEBRUARY 26, 2025

What Is Velocity Procurement Jon W. While Hansen hasnt published a formal manifesto on it, the term emerges in his 2024 writings and discussions, notably on platforms like LinkedIn, where he positions it as a response to the sluggish, tech-heavy procurement systems dominating todays landscape. That systems success (e.g.,

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