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Ethics Supply Chain Efficiency Supply Chain Optimization 
Procurement Tactics
APRIL 6, 2023
In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. However, how do you do it?
Procurement Tactics
SEPTEMBER 13, 2022
Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?
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Procurement Tactics
DECEMBER 21, 2022
Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.
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ivalua
SEPTEMBER 19, 2022
The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Assessing Risk across the Supply Chain.
130 
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. Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations.
SCMDOJO
MAY 7, 2024
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Structural visibility allows organizations to operate more efficiently.
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.
IBM Supply Chain Blog
NOVEMBER 3, 2022
Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.
SCMDOJO
OCTOBER 30, 2024
The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.
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.
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.
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.
Procurement Templates
NOVEMBER 21, 2024
Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Sustainability and Ethical Sourcing Actionable Steps: Develop a Sustainability Policy: Incorporate green procurement principles into procurement criteria. SAP, Oracle) Procurement software (e.g.,
Procurement Templates
MARCH 7, 2024
Risk management: Strategies for identifying and mitigating risks associated with procurement activities, such as supply chain disruptions, financial instability of vendors, and legal or regulatory compliance issues. I curate best book marks so you don’t need to hunt around!
SCMDOJO
JUNE 17, 2024
The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027. Risk Analysis: Evaluate each risk’s impact and likelihood.
IBM Supply Chain Blog
MAY 1, 2024
Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.
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.
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.
IBM Supply Chain Blog
MARCH 25, 2024
Knowing how to manifest these improvements is not always clear: Enter generative AI and the content supply chain. Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content.
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?
Skill Dynamics
JANUARY 9, 2025
Strong supply chain capabilities drive efficiency and develop competitiveness in an oversaturated market. Global disruptions such as COVID-19 have unearthed a wide range of vulnerabilities within international supply chains. To develop these relationships, regular communication is key.
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.
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.
Procurement Tactics
JUNE 28, 2023
In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.
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.
Supply Chain Game Changer
JANUARY 22, 2020
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Benefits of IoT article written for Supply Chain Game Changer by, and permission to publish here provided by, Michael Dehoyos. IoT and Supply Chain. Subscribe Here!
IBM Supply Chain Blog
APRIL 22, 2024
. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics Board member. Therefore, it is critical to design and manage systems sustainably.
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Procurement Tactics
MAY 30, 2023
They also analyze market trends and make recommendations to senior management on how to optimize procurement processes to reduce costs and increase efficiency. They are responsible for managing the procurement activities of the organization and play a critical role in the supply chain. Why Are They Important?
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Skill Dynamics
FEBRUARY 6, 2024
Environmental, social, and governance (ESG) considerations have become a vital component for modern businesses, with increasing scrutiny on companies to achieve goals related to sustainability and ethical business practices. Through intentional supply chain practices, businesses have the power to influence much broader ESG narratives.
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. .
207 
Skill Dynamics
JANUARY 23, 2025
The supply chain management industry is growing and changing before our very eyes, and new technologies are at the very heart of that change. As globalization continues, companies will keep trying to develop their supply chains to be more and more efficient easier said than done when they span more countries than ever.
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.
Procurement Templates
NOVEMBER 26, 2023
The Current Procurement Landscape Procurement specialists, often the linchpin of supply chain operations, orchestrate the acquisition of goods and services, ensuring cost-effectiveness and timely delivery. Navigating Ethical Considerations One of the discussions around AI is that ethical considerations loom large.
130 
ivalua
MAY 6, 2021
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. According to Jones, there four key areas in which modern software will enable and empower procurement: 1) Optimize automation.
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. Now, sourcing and procurement professionals are reaping the rewards of such automation: streamlining workflows, boosting the bottom line and finding efficiencies.
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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.
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.
ivalua
DECEMBER 14, 2020
The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.
SCMDOJO
FEBRUARY 14, 2024
How is marketing connected to my supply chain? The supply chain of your business has many components. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.
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.
Procurement Insights
JANUARY 3, 2025
Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation.
SupplyShift
FEBRUARY 1, 2020
This is especially true in the case of supply chain sustainability. Standardization in supply chain responsibility is critical for corporations embarking on the journey to reduce the social and environmental impacts of their goods and services.
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!
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Let's Talk Supply Chain
AUGUST 12, 2024
Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done. 52.14] The future for Altana. “An
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