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.
Import Procurement supply chain budgeting 
Procurement Templates
NOVEMBER 21, 2024
SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,
Procurement Templates
DECEMBER 11, 2024
It’s been a very long time since I’ve had to consider about procurement objectives. Here are some typical procurement objectives that every procurement professional should consider. Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing.
130
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SCMDOJO
DECEMBER 29, 2024
In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.
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 Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain.
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. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.
Skill Dynamics
JANUARY 7, 2025
Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supply chain team is so important.
Procurement Tactics
JUNE 5, 2023
51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! In this article, we will define what the global supply chain is. We will discuss why it is important and the benefits you can gain from the global supply chain. Why is it Important?
Procurement Tactics
MARCH 16, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.
238 
ivalua
FEBRUARY 8, 2023
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.
Spend Matters
MARCH 25, 2025
Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.
Procurement Tactics
MAY 8, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. Why is CPFR Important? However, what is it?
Procurement Tactics
NOVEMBER 8, 2022
33 Procurement Interview Questions in 2022. Finance Hacks: — How to Reduce Supply Chain Costs. Supply chain management is a crucial aspect of operations from small businesses to multinational corporations. Cost reduction strategies are equally important. First Name.
Procurement Tactics
MAY 30, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. What is a Procurement Manager?
178 
ivalua
JUNE 26, 2023
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Procurement Tactics
AUGUST 25, 2022
33 Procurement Interview Questions in 2022. Procurement Speakers 2022 – 10 Most Popular Experts. Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. However, not all in the field of procurement are updated as they are more focused on their work. .
231 
SCMDOJO
APRIL 11, 2025
Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.
Skill Dynamics
JANUARY 14, 2025
Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.
59 
Procurement Insights
JANUARY 3, 2025
It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Key metrics were tied to cost reduction and spend under management.
Spend Matters
FEBRUARY 5, 2025
Procurement has evolved from a back-office function to a strategic driver of innovation and value. These terms are often used interchangeably, but they represent distinct concepts which are important to have in mind: Digitization refers to converting analog information into digital formats, such as scanning paper invoices.
111 
ivalua
JUNE 14, 2023
We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1.
239 
Procurement Tactics
JUNE 28, 2023
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.
Procurement Tactics
JANUARY 8, 2023
33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .
207 
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.
Procurement Tactics
MAY 22, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?
207 
Procurement Tactics
JUNE 19, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. What is AI? CERTIFICATE COURSES Related courses about this subject 1.
193 
Skill Dynamics
FEBRUARY 4, 2025
Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.
59 
Jaggaer
MARCH 20, 2025
Uncertainty around federal and state policy changes poses a significant challenge for procurement leaders across all types of higher education institutions. Community colleges, public universities, and private institutions alike must navigate the potential for budget cuts, shifts in federal aid programs, and changing regulatory requirements.
Planergy
SEPTEMBER 5, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important? Budgeting should be part of regular financial planning.
Procurement Tactics
MAY 16, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. In this article, we will discuss what 4PL means. 4PL: What is it?
211 
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.
Procurement Tactics
APRIL 19, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Goals in Procurement —Embracing Sustainability Sustainable goals in procurement help it to stay on track with its sustainability objectives in its activities. Why is it Important?
165 
ivalua
OCTOBER 13, 2022
The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.
SCMDOJO
JUNE 7, 2023
The supply chain industry has been evolving rapidly since the pandemic outbreak. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management.
ivalua
JUNE 1, 2022
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
ivalua
OCTOBER 22, 2020
This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.
SCMDOJO
MARCH 24, 2025
A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. Why is Purchase Price Variance (PPV) Important? Every business aims to increase its profit margin, and one effective way to achieve this is by cutting costs.
69 
Procurement Tactics
JULY 4, 2023
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. To ensure that you get the best value for your money, it is essential that you get an understanding of the costs involved in producing a product or service.
209 
Skill Dynamics
JANUARY 21, 2025
How can you ensure that your supply chain team are consistently up-to-speed with the modern supply chain landscape? A well-defined supply chain competency framework can be extremely useful. It typically covers key supply chain areas including procurement , logistics, demand forecasting , and much more.
Arkestro
DECEMBER 26, 2024
Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.
ivalua
AUGUST 29, 2019
At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function.
164 
Procurement Tactics
OCTOBER 18, 2022
33 Procurement Interview Questions in 2022. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. We will also tell you the reason why it is important to manage supplier relations in your business. . First Name.
ivalua
MARCH 16, 2021
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
Procurement Tactics
JULY 13, 2022
33 Procurement Interview Questions in 2022. Procurement Function — Everything a Procurement Professional Should Know. The procurement function is one of the keys for a business to succeed. The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. Procurement Today.
130 
Procurement Tactics
JULY 2, 2023
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Job orders also set out clearly the path for procurement professionals to enable them to execute the procurement process efficiently.
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