ProcurePort

JUNE 29, 2022

• Robust and flexible procurement strategy can help you reduce operational and logistical experiences and equally serve as a competitive advantage. The post Types of Sourcing Strategies in Procurement appeared first on ProcurePort Blog. So, it’s advisable to put considerable time into designing a procurement strategy […].

Strategy 130

Strategy Sourcing Procurement Procurement strategies 130

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Yet there are good reasons to do so.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

ProcurePort

NOVEMBER 30, 2021

Hospitals need to pay attention to regulations, prices, logistics, and other variables in their procurement processes. The number of items and services that need sourcing are many too. The post How Can Hospitals Benefit from Using e-Sourcing Software? Relying on spreadsheets is ineffective because there is […].

supply chain software solutions 130

supply chain software solutions Sourcing Logistics Price 130

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

SCMDOJO

JANUARY 22, 2025

Logistics Metrics KPIs are the hub of innovations. ” In this blog, we’ll explain how our logistics KPIs dashboard can help you improve your logistics performance. Muddassir Ahmed has created a sample Logic API dashboard showing the most frequently used logistics metrics KPIs.

Logistics 52

Logistics Supply Chain Efficiency supply chain budgeting Order Fulfillment 52

Let's Talk Supply Chain

FEBRUARY 21, 2025

In the heart of‍ the bustling Midstate ‍region, a once-thriving logistics supply chain company is facing a ‍paradigm shift as it announces the closure of its second‍ facility. This unexpected development has sent shockwaves through the industry, leaving employees and clients alike scrambling for alternatives.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Logistics Supply chain 52

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

SCMDOJO

DECEMBER 29, 2024

However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management. BoxFox Liquidation.com 360 Components J2 Sourcing Gain More Knowledge About Liquidate Inventory 4. Download Procument Reports 7.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

SCMDOJO

AUGUST 10, 2024

This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads.

Supply Chain Efficiency 98

Supply Chain Efficiency Logistics Strategy supply chain budgeting 98

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. By the way, when doing sourcing preparations it doesn’t mean that you can’t work on multiple parts at once and go back and forth before the tender is issued but there is a typical order.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Logistics 98

Logistics Data Supply Chain Efficiency Route optimization 98

Supply Chain Brain

NOVEMBER 16, 2023

The process of collecting logistics data from multiple sources such as barcodes, text and objects, and converting it all into an electronic format, can enable better outcomes for the business. But getting it wrong can have the opposite effect.

Logistics 21

Logistics Data Sourcing 21

SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

Logistics 105

Logistics Supply Chain Efficiency Networking Inventory 105

Jaggaer

NOVEMBER 14, 2024

Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery. An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Logistics plays a critical role in a company’s supply chain. Another important aspect of logistics is time.

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

SCMDOJO

OCTOBER 30, 2024

For instance, students might be tasked with developing a logistics plan that involves coordinating with multiple stakeholders to ensure the timely delivery of goods. For instance, a student interested in sustainable supply chain practices might choose courses focused on green logistics, ethical sourcing, and environmental impact assessment.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

Supply Chain Brain

JUNE 30, 2021

Explore smart automation for procurement spend categories like logistics, direct materials, indirect materials, packaging and more.

Sourcing 119

Sourcing Supply chain Logistics Supply 119

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

SCMDOJO

FEBRUARY 16, 2025

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Assists with supplier performance assessment, risk management, and logistics optimization.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 72

Spend Matters

OCTOBER 30, 2024

These issues can affect direct suppliers, but they can also occur anywhere throughout the supply chain, e.g., sub-tier suppliers, shipping and other logistics service providers. Finding new sources of supply: Securing alternative sources of supply from unaffected suppliers is time-consuming and not without risk.

Risk 109

Risk Buyers Suppliers Supply chain 109

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. What does a Direct Materials Sourcing solution do? See ‘ Sourcing Optimization ‘ for the sourcing of direct services such as complex logistics.

Sourcing 98

Sourcing Bidding Price Suppliers 98

Procurement Insights

APRIL 2, 2025

Chevrons procurement and supply chain challenges in 2025oil price volatility, geopolitical disruptions, ESG compliance, talent shortages, technology adoption, and logistics bottlenecksrequire tailored solutions from ProcureTech providers. Less focused on cost volatility or logistics but enhances Shared Services hubs.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement solutions Supply Chain Efficiency Procurement 52

Supply Chain Dive

SEPTEMBER 16, 2024

The mattress maker sought an increase in gross margin by diversifying its sourcing and simplifying its delivery operations.

Networking 102

Networking Logistics Suppliers Sourcing 102

SCMDOJO

JANUARY 23, 2025

A business will lose money if these resources and services are sourced from distant regions and locations. And vice versa, sourcing from nearby locations will save money and time. Indeed, the success of SEO for local logistics rests on the efficient use of Google Business Profile (GBP). What is GBP? Optimize SCM descriptions.

Supply chain management 98

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

Supply Chain Dive

APRIL 23, 2024

Creating the role helped the food manufacturer streamline its operations and reset its sourcing and logistics strategies, Oksana Woloszczuk said.

Supply chain 126

Supply chain Logistics Sourcing Strategy 126

Spend Matters

JULY 26, 2023

This Spend Matters Vendor Analysis provides an overview of Pando and its solution for freight and logistics fulfillment. The absence of effective communication and coordination among logistics supply chain channels often leads to inefficiencies, delays and misaligned expectations throughout the entire order fulfillment process.

Logistics 98

Logistics Order Fulfillment Agile and Lean Supply Chain Purchase orders 98

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves. In supply chain operations, it plays a crucial role in mitigating risks, improving response times, and optimizing workflows.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Procurement Tactics

JUNE 8, 2023

Define clear objectives When designing a supply chain network, it is important for logistics managers to prioritize their objectives. By identifying the most important objectives and areas for improvement, logistics managers can make impactful changes to their network.

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

ivalua

NOVEMBER 26, 2020

While organizations continue to utilize low-cost regions like Asia, they are also employing strategies like “Asia plus one” or “China plus one” where they develop secondary sources in another region or another country to provide some insurance against regional or geopolitical disruption.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically. However, What is it? Why is it Important?

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

SCMDOJO

FEBRUARY 21, 2025

Logistics & Transportation Failures: Port congestion, rising freight costs, and fuel shortages. Increased costs due to emergency sourcing. Regulatory Compliance: Ensures adherence to industry laws, ESG policies, and ethical sourcing. Supplier Financial Instability: Bankruptcy or operational shutdowns of key vendors.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Skill Dynamics

JANUARY 9, 2025

It incorporates disciplines such as procurement, logistics, and inventory management to create a cohesive and competitive supply chain. Capability 4: Logistics and Transportation Management To reduce cost and improve overall delivery performance, your logistics and transportation strategies are crucial.

supply chain budgeting 52

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

Let's Talk Supply Chain

MARCH 2, 2025

logistics Optimization: Streamlining logistics processes will be essential‍ to ensure seamless delivery of components and parts to support boeing’s manufacturing operations. One key strategy advocated by ISM is diversifying sourcing ‍locations to reduce dependence ‍on a single region or group of workers.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

Procurement Tactics

SEPTEMBER 13, 2022

From raw materials sourcing to production, storage, and delivery, it monitors if these processes may cause harm to the environment and communities. . Thus, taking advantage to combine shipments or use less resource-heavy logistics. . Thus, companies are pushing the existing capacity of warehousing and logistics to its breaking point.

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183