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

SCMDOJO

NOVEMBER 20, 2024

When transparency occurs in all aspects, it empowers a firm decision and helps prevent stock from being stocked out or excessively stocked. Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Moreover, Obsolete inventory damages future stock as well. Click here!

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

SCMDOJO

JANUARY 22, 2025

Want to optimize your supply chain metrics and drive significant improvements? Understanding and tracking key supply chain metrics is essential. This guide will equip you with the knowledge you need to make data-driven decisions, achieve your business goals, and boost your supply chain metrics.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 90

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. Compliance with local regulations is crucial to avoid legal complications.

Retail Supply Chain 98

Retail Supply Chain Influencing Supply Chain Efficiency Supply chain 98

Procurement Tactics

SEPTEMBER 15, 2022

Sustainable Purchasing — The Ultimate Guide. Sustainable purchasing might be a term that many people are not familiar with. However, this kind of purchasing is important, especially in the supply chain. . In this article, we will talk about what sustainable purchasing is. What is Sustainable Purchasing?

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Purchasing Sustainability Cost of ownership Supply Chain Efficiency 130

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?

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Price Purchasing Raw materials Negotiation 130

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

Procurement Tactics

APRIL 17, 2023

As sustainability is a growing focus in many industries around the world, many businesses are integrating it, especially consumers who are demanding to know where the products they purchase come from. As a result, it future-proofs the company’s sustainable purchases and investments by integrating sustainable policies.

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

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. In recent years unforeseen supply chain disruptions have forced companies to identify and plug these gaps at short notice.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

SCMDOJO

MAY 20, 2024

Modern supply chains are more efficient and faster than ever before. However, the emergence of technology boosted brands’ access to customers in the first place, and thus, a need for more efficient supply chain practices.

Supply Chain Efficiency 95

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 95

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. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. What is a Make vs Buy Analysis?

Supply Chain Efficiency 98

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

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

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. Inconsistencies between purchase orders and invoices are another thing to watch for.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Supply Chain Game Changer

OCTOBER 25, 2022

Subscribe to Supply Chain Game Changer. For a Successful Business Improve Supply Chain! The need to strengthen supply chain cannot be overstated; it’s vital for efficiency, profitability, and reputability against competitors. However, the chain must be streamlined to avoid wasting time and money.

Supply Chain Efficiency 93

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 93

Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

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

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

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Supply Chain Optimization 98

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

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. The actual price is only clear when set in a competitive market context.

Price 96

Price Negotiation supply chain software solutions Supply Chain Optimization 96

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.

Agile and Lean Supply Chain 98

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

Procurement Tactics

APRIL 24, 2023

Thus, they help achieve sustainability by reducing your purchasing impacts through your supply chain and procurement. Because of their purchasing power, retailers have a great amount of influence over the commercial decisions made by their suppliers. Suppliers play an essential role in sustainability.

Sustainability 182

Sustainability Suppliers Supply Chain Efficiency Procurement strategies 182

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.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Suppliers 52

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

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

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. 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

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The complexity of the e-commerce landscape is compounded by the presence of multiple sales channels, posing challenges to efficient management.

Supply Chain Efficiency 98

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

Procurement Insights

MAY 26, 2024

Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Thai Union exercised an outsized influence on the Company’s shrimp purchasing,” Red Lobster alleged in its bankruptcy filing.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

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

Supply Chain Game Changer

AUGUST 20, 2020

Subscribe to Supply Chain Game Changer. Clearly, more companies need to go back to basics and ask what is reverse logistics’ role in the top trends of the supply chain? Every supply-chain executive has been faced with the daunting question, “ what is reverse logistics? Subscribe Here! Email Address.

Supply Chain Optimization 98

Supply Chain Optimization supply chain budgeting Logistics Supply Chain Efficiency 98

IBM Supply Chain Blog

AUGUST 26, 2021

Consumers weary from ongoing supply chain strains are demanding greater transparency and certainty from retailers and e-commerce sites as they undertake back-to-school and holiday shopping. It also gives consumers more direct influence in tailoring their unique customer experience.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 52

Procurement Templates

SEPTEMBER 14, 2023

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. For example, a product with a lower purchase price may have higher long-term operational and disposal costs. Transparent reporting on sustainability performance is also essential.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Supply Chain Game Changer

MAY 24, 2021

Subscribe to Supply Chain Game Changer. Why is Supply Chain Such a Great Career Path? The world of supply chain management is constantly changing, helping companies to become increasingly efficient and profitable across the entire supply chain. GET our EBOOK HERE. Talent development.

supply chain budgeting 98

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 98

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.

Suppliers 100

Suppliers Supplier consolidation Data Supply Chain Efficiency 100

Procurement Tactics

SEPTEMBER 16, 2022

Sustainable procurement refers to the process of integrating environmental, social, and governance goals into the procurement and supply chain. . To simplify, sustainability in procurement refers to how businesses can identify and reduce their environmental impacts through their supply chain.

Sustainability 130

Sustainability Procurement Supply Chain Efficiency Purchasing 130

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. 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. Subscribe Here! Email Address. Project-Based Procurement.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

Supply Chain Game Changer

JULY 20, 2021

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. How has Business and Supply Chain changed over the course of your career? Subscribe Here! Email Address. And wake surfing…….

Leadership 98

Leadership Supply Chain Efficiency Influencing Supply chain 98