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.

Influencing 52

Influencing supply chain budgeting Supply Chain Optimization Procurement team 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

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.

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

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.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

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). What is the Cost Performance Index (CPI)? According the research paper by Winanda et.

supply chain budgeting 52

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

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.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Procurement Templates

JUNE 18, 2023

They may use various monetary and fiscal policies, such as adjusting interest rates, implementing open market operations, or controlling government spending, to influence inflation levels. Money buys less than before How should procurement manage inflation? This ensures compliance and minimizes the risk of unexpected price increases.

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Procurement Supply Chain Efficiency supply chain budgeting Raw materials 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. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Supply Chain Efficiency 98

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

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Let's Talk Supply Chain

DECEMBER 9, 2024

Today Im joined by supply chain software brand Manhattan Associates. Manhattan provide more than just supply chain solutions. Today Mandar Rahatekar, Senior Director of Research and Development at Manhattan, joins me to talk all about the power of unified supply chain planning. Im a mechanical engineer.

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

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. Analysis should be focused on risks and opportunities while factoring in all costs and sources of added value.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect?

Supply chain management 98

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 98

Procurement Templates

APRIL 15, 2024

They would ask various procurement managers for advice but often got a different response depending on who they ask. For context the stakeholder is asking for procurement advice set within the rules for public sector buying and a UK regulatory framework.

Influencing 130

Influencing Negotiation Risk Innovation 130

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. Value is paramount to procurement evolution. The following pyramid of procurement evolution puts the value proposition at the chart's top.

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Procurement supply chain budgeting Supply Chain Optimization Budget 98

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. However, I also recognize that we need to balance cost savings with the need to invest in the future.

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Spend management Management Procurement supply chain budgeting 98

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

ivalua

JULY 21, 2020

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

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Procurement team Collaboration Procurement supply chain budgeting 130

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations. CERTIFICATE COURSES 1.

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Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . There are interesting challenges within the AmRest business model at the supply chain level. A New Vision for Amrest. Where to begin?

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Arkestro

JANUARY 18, 2023

Predictive procurement is the key to securing raw materials at the right price and time. We explore how predictive procurement in chemical manufacturing will be strategic as we move into 2023. Reducing costs in the industry by even a fraction has a huge impact on profitability.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Una

JUNE 1, 2023

6 Reasons to Choose a Career in Procurement Six reasons why a career in procurement is a great professional choice and how it can provide you with a fulfilling and rewarding future. Look no further than procurement! Procurement professionals play a vital role in shaping the success of organizations.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . There are interesting challenges within the AmRest business model at the supply chain level. A New Vision for Amrest. Where to begin?

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. But there is the reality of automation in Procurement.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Procurement Heads

AUGUST 11, 2022

When did your interest in procurement and supply chain begin? Here I am, 18 years later having led major procurement transformations in three international companies: British American Tobacco, Heineken and Nestle. How did you engineer your career path to the point you are now at as Head of Supply Chain?

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supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130

Spend Matters

AUGUST 2, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. What are the challenges and asks of your customers?

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supply chain budgeting Procurement Supply chain Suppliers 98

Positive Purchasing

NOVEMBER 9, 2023

Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function. Sustainable procurement needs to become a driving philosophy that runs through the entire organization. We will need to elevate our perspective to a whole new level.

Sustainability 111

Sustainability Category management supply chain budgeting Influencing 111

Jaggaer

JUNE 28, 2024

These investments, however, aren’t going far enough: Over 40% of procurement teams state manual and inefficient processes hold them back from fully addressing the C-suite’s critical business priorities. Procurement and supply chain professionals are emerging as enterprise linchpins. Generative AI offers workload relief.

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Agile and Lean Supply Chain 52

SCMDOJO

JANUARY 22, 2025

Factors such as delivery speed, on-time delivery rates, and cost-effectiveness are critical for customer satisfaction and overall supply chain efficiency. If you are a Supply Chain and Logistics Manager seeking a comprehensive and manageable Logistics KPIs Dashboard to oversee your operations, you have come to the right place.

Logistics 52

Logistics Supply Chain Efficiency supply chain budgeting Order Fulfillment 52

Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

Procurement strategies 107

Procurement strategies Innovation Strategy Procurement 107

Strategic Sourceror

OCTOBER 27, 2022

Relative to years past, however, deals on food and beverages are few and far between, and an underperforming supply chain is part of the reason why. Many budget-minded shoppers are struggling to find discounts on grocery items. Demand remains elevated Exacerbating limited supply is robust demand.

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supply chain budgeting Supply chain Supply Budget 62

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.

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

Spend Matters

JULY 24, 2023

The 10 th edition of the Deloitte Global CPO Survey , which analyzes the responses of about 350 senior Procurement leaders from more than 40 countries, has been released and is available for download. Perhaps most worrying,” it states, “is that technology funding (measured as a percentage of total procurement budget) dropped from 13.2%

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 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? Why is it Important?

Price 130

Price Purchasing Raw materials Negotiation 130

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

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Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

Supply Chain Optimization 52

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