Remove Logistics Remove Stakeholder engagement Remove Supply Chain Optimization
article thumbnail

Sustainable Logistics — The Ultimate Guide

Procurement Tactics

Sustainable Logistics — The Ultimate Guide. Sustainable logistics is aimed by many organizations as it can achieve their corporate social responsibility and enhance their overall process. However, how can logistics achieve sustainability? In this article, we will discuss what sustainable logistics is. Harness Data.

article thumbnail

What About Procurement Objectives?

Procurement Templates

Improve Transparency: Use dashboards and reports to provide real-time procurement updates to all stakeholders. Engage in Active Listening: Conduct regular meetings with stakeholders to understand their evolving needs and integrate feedback into procurement strategies.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How will the procuretech implementation success rate improve with the use of the Agent-based Metaprise Model?

Procurement Insights

Example : During a port strike, agents reroute shipments via alternative logistics partners without manual intervention, minimizing downtime. Multi-Stakeholder Collaboration Challenge : Siloed systems and fragmented communication hinder cross-enterprise alignment. supplier performance, market trends) and adjust workflows proactively.

article thumbnail

Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement

Jaggaer

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. cost, products, legal terms, logistics etc.) Draw up selection criteria optimizing outcomes against risk.

article thumbnail

Spot the mistakes Strategic Sourcing Framework

Procurement Templates

Stakeholder Engagement : It’s important to involve relevant stakeholders in the assessment process to ensure that their needs and preferences are considered. Stakeholders may include department heads, end-users, finance teams, and others who will be impacted by the procurement decisions.

article thumbnail

Why is a Metaprise superior to an Intake and Orchestration model?

Procurement Insights

MODEL #1 The term Metaprise refers to an evolved enterprise model that integrates advanced technologies like artificial intelligence (AI), big data, and automation to digitize and optimize a company’s profit model comprehensively. Limited to optimizing internal processes, not external collaboration. Heres why: 1.

article thumbnail

A Guide to Navigating Your Supply Chain Career Path

SCMDOJO

Embarking on a supply chain career offers exciting opportunities, but success requires understanding the diverse roles and specializations within the field. Mid-Level Opportunities Mid-level roles, like supply chain analysts and procurement specialists, involve process evaluation, supplier negotiations, and team supervision.