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

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. However, they are also susceptible to disruptions and risks.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Arkestro

DECEMBER 5, 2024

This is especially true as many manufacturing procurement departments struggle with exactitude, efficiency, and unforeseen events that keep them from meeting their goals. This process ultimately leads to faster delivery times, more significant cost savings, and improved supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Real-time Visibility 77

Jaggaer

OCTOBER 24, 2024

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. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

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. The past few years have been a boon for procurement, which has become increasingly strategic and critical to business.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

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. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

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

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address. Manufacturing.

Risk management 96

Risk management supply chain software solutions Risk Management 96

IBM Supply Chain Blog

JUNE 30, 2023

Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. safety equipment, parts for trucks, and raw materials for infrastructure), weather events, customer demand levels, and logistics can help prevent disruption in operations, too.

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

TYA Suite

NOVEMBER 15, 2024

Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. Furthermore, collaboration allows companies to work together with suppliers to find solutions and strengthen the supply chain.

Risk management 40

Risk management Risk Suppliers Strategy 40

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

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. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Barkers Procurement

MAY 22, 2024

At Barkers our ESG Health Check concentrates on the activity within your supply chain. Assessing your supply chain performance is strategically important for your organisation as studies show that the majority (80%) of emissions and ESG risk lies in a business’ supply chain.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Stakeholder engagement Sustainability 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in. What could you get?

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

The Procuretech Podcast

JUNE 18, 2024

Highlighting 25 innovative European-based procurement startups, the episode provides valuable insights into emerging players who don't necessarily have the marketing presence and events budget of larger companies. Vertice optimises SaaS procurement and cloud costs. Supplios manages supplier relationships for direct spend.

supply chain software solutions 40

supply chain software solutions Procurement supply chain budgeting Eprocurement 40

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Arkestro

OCTOBER 3, 2024

From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends. It’s anything but easy to manage.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

HICX

SEPTEMBER 16, 2024

According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This is especially the case as supply chains become increasingly complex and digitalized.

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain software solutions 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. In summary, procurement is a strategic function focused on maximizing value, reducing costs, and building competitive advantage.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Let's Talk Supply Chain

MARCH 17, 2025

In the intricate web ‍of global commerce, the supply chain serves as the beating heart of countless industries, ensuring the seamless flow of goods from production to consumption. As we look ahead to 2025,the landscape of supply chain management is poised for meaningful evolution.

Supply Chain Efficiency 52

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

Let's Talk Supply Chain

FEBRUARY 27, 2025

From the complex supply chain networks ‍to ‍the efficient material handling operations, ‍the landscape of logistics is evolving at a‍ rapid pace.In Automation is playing a pivotal role in streamlining operations and increasing efficiency across the supply chain.

Logistics 52

Logistics Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 52

SCMDOJO

MARCH 28, 2025

Agentic AI takes this a step further by enabling autonomous supply chain systems. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Logistics 52

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

SCMDOJO

DECEMBER 17, 2024

Isnt it high time we chose one to elevate your supply chain career? Overview: CSCMP Certification VS SCMDOJO CSCMP Certification They offer certifications, such as the ScPro, Certified Supply Chain Professional (CSCP), and Certified in Logistics, Transportation, and Supply Chain (CLTP). Click here!

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Supply chain 52