SCMDOJO

JUNE 27, 2024

In an era where efficiency equates to competitive advantage, the oil industry’s supply chain management plays a pivotal role in determining a company’s profitability and sustainability. What Are the Key Components of an Oil Company’s Supply Chain?

Supply Chain Efficiency 98

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

Arkestro

DECEMBER 3, 2024

SAN FRANCISCO, CA, December 3, 2024 – Arkestro is excited to announce its partnership with the Infor Marketplace , a powerful collaboration designed to enable AI-driven procurement, sourcing, purchasing, and supply chain management transformation for enterprise manufacturing teams worldwide. See Arkestro in action at arkestro.com.

Influencing 52

Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

SCMDOJO

APRIL 3, 2025

Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. Can you increase prices for customers?

Agile and Lean Supply Chain 52

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

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Spend Matters

JANUARY 23, 2025

The momentum around this ‘best practice’ has been further accelerated by the marketing efforts of market intelligence companies selling data and even a few purpose-built software platforms to make these efforts more efficient and accurate. Thus, should-cost models often misrepresent what constitutes a good price.

Price 104

Price Negotiation supply chain software solutions Supply Chain Optimization 104

SCMDOJO

JULY 30, 2024

But have you ever considered how financial products like car title loans influence retail supply chains? This immediate infusion of funds can prevent disruptions in the supply chain and ensure that the business remains operational. Having sufficient inventory is vital during peak seasons, such as holidays.

Retail Supply Chain 98

Retail Supply Chain Influencing Supply Chain Efficiency Supply chain 98

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? Price Purchase Variance: What is it? Why is it Important?

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Tactics

JULY 19, 2023

Warehouse management means managing and controlling everything that happens in a warehouse to handle goods efficiently. A recent study conducted by Oracle revealed that a staggering 82% of American consumers express concern over the potential impact of supply chain disruptions, such as delivery delays. However, what is it?

Supply Chain Optimization 170

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 170

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. Your focus here is to get security of service at a good price.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

SCMDOJO

JULY 18, 2024

Vehicle efficiency is a critical factor for businesses operating trucks. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. biodiesel) These alternative fuels offer environmental benefits and can contribute to improved vehicle efficiency. increase in fuel efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Cost of ownership Supply Chain Optimization Sustainable transportation 105

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 8 US Appliance Parts Suppliers — Top Factors, Choosing Guidelines, Pricing, and Review The US appliance parts industry experiences a period of significant growth and transformation. ” – Sharon S.

Price 183

Price Suppliers Negotiation Quality 183

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.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 98

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). al has highlighted the below factors and their causal relationships that influence CPI.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain. STAKEHOLDER (AGENT) 4 What are the main concerns that affect consumer decision-making regarding ESG goals?

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Game Changer

MARCH 14, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses.

Supply chain management 115

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 115

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers. The Role of Communication in Supply Chain Collaboration Communication puts collaboration in motion.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

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. CIOs recognized procurements role in optimizing IT spend and driving efficiency.

Agile and Lean Supply Chain 52

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

ivalua

JUNE 29, 2021

Enabling rapid, cost-effective and transparent supplier payments anywhere in the world. Today’s supplier payments remain complex and crucially lack transparency and efficiency that strain supplier relationships, increase transactional costs and cause frustration for all those involved.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

Procurement Heads

MARCH 27, 2023

The ongoing impact of inflation and fluctuations in materials pricing continue to have an impact, and it’s increasingly challenging to negotiate because prices are changing significantly within a short period of time. Sustainability is one of those, and supply chains can influence carbon emissions in a huge way.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Procurement Heads

OCTOBER 26, 2022

The economic volatility disrupting supply chain and price pressures I’m sure are not unique to G4S. Inflationary pressures and keeping costs down while focusing on service and improved efficiencies are key challenges and a focus for us. What are the challenges that you and your team currently face?

Supply Chain Efficiency 246

Supply Chain Efficiency Supply chain Sustainability Suppliers 246

Skill Dynamics

DECEMBER 18, 2024

Bribery and kickbacks involve the making of payments to try and influence procurement decisions, often resulting in biased choices that likely prioritize individual personal gain over the interests of the wider organization. Theyre both key tools in ensuring transparency and accountability within your organization.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Procurement Insights

MARCH 16, 2025

MCP ensures that AI-driven procurement solutions retain, process, and apply relevant context to enhance decision-making and operational efficiency. Improved Outcome: More efficient bid evaluations and negotiations , reducing manual effort and bias. Increased Efficiency Automated workflows and approvals reduce administrative workload.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Procurement Insights

MAY 26, 2024

Thai Union exercised an outsized influence on the Company’s shrimp purchasing,” Red Lobster alleged in its bankruptcy filing. ” Aldi is already known for its low prices (especially with those monthly Aldi Finds ), but the fan-favorite retailer is about to offer us even more ways to save money. That’s right.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

SCMDOJO

APRIL 3, 2022

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Skill Dynamics

JANUARY 14, 2025

Finance and Cost Management Being able to efficiently and effectively manage and control procurement budgets and general costs will lead to stronger financial control across your business , increased cost efficiencies, and a better allocation of resources, which allows you to enhance profitability and improve your team.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

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 Efficiency 98

Supply Chain Efficiency Warehouse operations Supply Chain Optimization supply chain software solutions 98

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. Reasons for Bitcoin Price Fluctuations ! The second reason of bitcoin volatile is the factor influencing the value of bitcoin. Some of the significant factors influencing the value of bitcoin to an exceeding extent are as follows. Transparency. Subscribe Here!

Supply Chain Efficiency 105

Supply Chain Efficiency Influencing Price Supply chain 105

Procurement Templates

SEPTEMBER 14, 2023

Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability. It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. That is to say, there isn’t one single career in supply chain management. That is to say, there isn’t one single career in supply chain management. Planners do exactly that.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

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

Planergy

MARCH 19, 2025

Never make decisions based on price alone. Schools rely on vendors for everythingtextbooks and classroom supplies, technology, food services, and maintenance. Efficient supplier relationships streamline operations, improve resource use, and create better student learning environments. What is Supplier Management?

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

The Network Effect

OCTOBER 31, 2014

Today I want to talk about some of the processes and management strategies that can be used to help a supply chain on the journey from ‘good’ to ‘great’ To read more about this subject and related themes, I suggest you read the new whitepaper, Supply Chain’s New World Order” , Visibility and Measurement.

Supply Chain Optimization 80

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 80

Procurement Templates

APRIL 15, 2024

These traits can influence various aspects of decision-making, including procurement decisions in businesses. Here’s how each of these traits might influence procurement: Openness to Experience: Innovation Preference: Individuals high in openness tend to be more open to new ideas, technologies, and approaches.

Influencing 130

Influencing Negotiation Risk Innovation 130

Procurement Heads

JULY 26, 2023

I established some real cost savings for the company, by collaborating and using an external supply chain. This meant that cash flow was sustainable and the level of service that we received was in line with the prices we were paying. It’s a fair, transparent, and open process to ensure value for money.

Contract management 130

Contract management Contract Supply Chain Efficiency Price 130