Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In recent years unforeseen supply chain disruptions have forced companies to identify and plug these gaps at short notice.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Spend Matters

MARCH 6, 2025

In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.

Supply Chain Efficiency 63

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 63

Skill Dynamics

FEBRUARY 4, 2025

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Strategic sourcing can also help reduce the overall risk in a given supply chain.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance. Strategic procurement facilitates efficient, repeatable, and audit-proof new product introductions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

SCMDOJO

AUGUST 15, 2024

Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Enhanced Collaboration Among Stakeholders Effective collaboration is crucial in retail supply chains, as it allows for swift decision-making and problem-solving.

Retail Supply Chain 98

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

Skill Dynamics

DECEMBER 18, 2024

Inconsistencies between purchase orders and invoices are another thing to watch for. Finally, a general lack of transparency in the documentation or decision-making process should grab your attention, as it may indicate attempts to conceal fraudulent activities. All of this leads to a more agile, responsive, and efficient organization.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Planergy

FEBRUARY 24, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? Procurement in education is far more than simple purchasing. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Procurement Tactics

NOVEMBER 21, 2022

Corporate social responsibility (CSR) is the continuing commitment by businesses to behave ethically and contribute to the development of the economy all while enhancing the quality of life of its workforce and their families as well as the surrounding community. . Starbucks’ commitment to ethical sourcing. But what is it? .

Ethics 209

Ethics Sustainability Import Supply Chain Efficiency 209

NLPA (Next Level Purchasing Association)

AUGUST 28, 2024

Supplier onboarding is a critical process in procurement and supply chain management, directly influencing efficiency and performance. This guide explores key steps, challenges, and best practices to optimize onboarding within procurement and purchasing contexts.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Suppliers 52

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. We need cost efficiency internally and cost-effectiveness with our suppliers externally. It’s a chance for buyers to do their job and look for efficiencies across the total supply chain.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

Procurement Templates

SEPTEMBER 14, 2023

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. This involves selecting suppliers and partners who are committed to ethical and eco-friendly practices. Moreover, transparency and communication are critical in supplier relationships.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Skill Dynamics

JULY 22, 2022

Skilled negotiators must be able to communicate clearly and efficiently with the other party during the negotiation. Ethics and reliability. Ethical standards and reliability in a skilled negotiator stimulate trust for an effective negotiation to take place. Verbal communication.

Negotiation 111

Negotiation Supply Chain Efficiency Supply chain Procurement 111

Procurement Tactics

APRIL 3, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain.

Sustainability 183

Sustainability Procurement Supply Chain Efficiency Procurement strategies 183

Procurement Tactics

APRIL 24, 2023

Thus, they help achieve sustainability by reducing your purchasing impacts through your supply chain and procurement. Because of their purchasing power, retailers have a great amount of influence over the commercial decisions made by their suppliers. Suppliers play an essential role in sustainability.

Sustainability 182

Sustainability Suppliers Supply Chain Efficiency Procurement strategies 182

Procurement Tactics

MAY 30, 2023

Procurement managers, also known as purchasing managers, supervise a company’s relationship with suppliers and the logistics of transportation. They manage the sourcing and purchasing of goods and services that the organization requires to operate effectively. What is a Procurement Manager? Why Are They Important?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Barkers Procurement

MARCH 3, 2022

Ethical procurement policies provide clear guidance for sourcing supplies and establishing internal and external relationships essential for daily operations and long-term growth. What is ethical procurement? Guided by these principles, companies proactively eliminate unethical practices throughout the supply chain.

Ethics 52

Ethics Supply Chain Efficiency Procurement Purchasing 52

Procurement Tactics

APRIL 5, 2023

Sustainability in procurement is defined as the acquisition of goods and services in an environmentally-friendly manner to fulfill the needs of the company for its daily operation and supply chain. As a result, it future-proofs the company’s sustainable purchases and investments by integrating sustainable policies.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Negotiation 187

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

Procurement Tactics

APRIL 19, 2023

In procurement, sustainability goals are about your objectives to achieve sustainability in procurement while ensuring that the process remains efficient. Thus, you will be able to keep up with the fluctuations in your supply chain. It can help by ensuring that all procurement processes are fair and transparent to everyone.

Sustainability 165

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 165

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Procurement Tactics

JUNE 6, 2023

ESG in procurement refers to the consideration of Environmental, Social, and Governance factors when making purchasing decisions. In simple terms, sustainable procurement refers to how businesses can identify and reduce the environmental and social impacts on their supply chain. What is ESG Procurement?

Sustainability 130

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 130

Procurement Tactics

APRIL 17, 2023

As sustainability is a growing focus in many industries around the world, many businesses are integrating it, especially consumers who are demanding to know where the products they purchase come from. As a result, it future-proofs the company’s sustainable purchases and investments by integrating sustainable policies.

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Agile and Lean Supply Chain 98

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

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. It creates a secure and shared digital record of every transaction, making it easy for companies to track and verify purchases.

Supply Chain Efficiency 40

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

Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . Closed loop spend management (CLSM) is an approach geared towards injecting resilience and agility into business operations by optimizing overhead costs and transforming procurement and supply chain processes. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Procurement Heads

JULY 6, 2022

From then I started exploring purchasing and the different career avenues I could get into. We are responsible for the procurement of strategic purchases and what that means for us is anything that is high value, high-risk, third-party engagements. Who has been your greatest role model? Do you have a personal motto?

Networking 241

Networking Supplier relationship management Procurement Risk 241

Procurement Tactics

MARCH 29, 2023

As many governments and people around the world are being aware of how their purchasing behavior can affect the planet, many have demanded companies of every size embrace sustainability within their operations. Transparency is the basis for stakeholders to collaborate to achieve sustainability.

Sustainability 130

Sustainability Supply Chain Efficiency Ethics Cost of ownership 130

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Skill Dynamics

JUNE 15, 2022

Being ethical means being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession. Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An ethics policy.

Ethics 52

Ethics Procurement Suppliers supply chain budgeting 52

Finale Inventory

SEPTEMBER 4, 2024

As ecommerce continues to expand, supply chain traceability has become a key factor for small businesses. This article examines why supply chain traceability matters and how Finale Inventory can assist small businesses in achieving it. Additionally, traceability can open up new market opportunities for small businesses.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Inventory 52

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

Procurement Heads

FEBRUARY 7, 2023

For Procurement Heads ’ latest CPO Spotlight, Magdalena spoke with Rupert Gaster about why she chose to complement her procurement career with end-to-end supply chain roles and what drives her curiosity. It is rare to see senior procurement leaders with such a variety of end-to-end supply chain experiences.

Supply Chain Efficiency 130

Supply Chain Efficiency Raw materials Category management Sustainability 130

TYA Suite

DECEMBER 16, 2024

Ethical and sustainable sourcing is no longer just a trend; its a commitment to doing business responsibly. For eco-friendly businesses, sourcing products and materials ethically means prioritizing fair labor practices, minimizing environmental damage, and supporting sustainable suppliers. What is the Meaning of Ethical Sourcing?

Ethics 40

Ethics Sustainability Sourcing Supply Chain Efficiency 40

SCMDOJO

APRIL 26, 2023

It involves segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Using category management software is ideal as it creates visibility and efficient management. Sustainable/ethical procurement.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

IBM Supply Chain Blog

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Now, sourcing and procurement professionals are reaping the rewards of such automation: streamlining workflows, boosting the bottom line and finding efficiencies.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

The globalized world relies on efficient and well-coordinated supply chains. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. It ensures the smooth and efficient flow of physical goods from one point in the supply chain to another.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Logistics 52