SCMR (Supply Chain Management Review)

MARCH 1, 2024

Project seeks to “place a data scientist in the pockets” of procurement professionals.

Supplier negotiation 81

Supplier negotiation Negotiation Suppliers Data 81

Let's Talk Supply Chain

FEBRUARY 27, 2025

The impending transformation, outlined in a recent report by Supply and Demand Chain Executive, is set to reshape the vrey foundation of ‍how goods and services are sourced, ‍managed, and delivered. Heightened focus on demand forecasting and inventory management.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Demand 52

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, the Director’s perspective will likely be more strategic, while the Manager’s perspective may be more operational.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Tactics

FEBRUARY 19, 2023

Additionally, it can identify potential suppliers based on their industry, location, or product/service offerings. Contract management ChatGPT can provide assistance to procurement professionals by assisting them in managing their contracts by providing information on the contract terms and conditions.

Procurement 287

Procurement Market analysis Contract Suppliers 287

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Management 116

Management Procurement Contract management Supply Chain Optimization 116

Procurement Software

MAY 21, 2024

But, this then begs the question, what about negotiation? Could AI replace the need for procurement professionals in negotiations? AI, procurement and supplier negotiations: where is this going? Technology for assisting and running negotiations therefore not just about automated negotiation bots.

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement 52

Finale Inventory

FEBRUARY 19, 2024

This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment. Efficiently managing returns is not just about logistics; it’s about retaining customers and differentiating your brand from the competition.”

Inventory 105

Inventory Real-time Visibility Management Quality 105

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations.

Risk management 40

Risk management Risk Suppliers Strategy 40

Spend Matters

JULY 15, 2024

In the realm of modern business operations, effective financial management is not just a task, it’s the heartbeat that drives growth and sustains operations. Imagine a company navigating a complex network of supplier negotiations, payment terms and cash flow management. This content is for members only.

Supplier negotiation 117

Supplier negotiation Sustainability Negotiation Networking 117

SCMDOJO

FEBRUARY 21, 2025

Procurement leaders, Chief Procurement Officers (CPOs), and Supply Chain Managers must proactively build resilience into their procurement processes to safeguard operations. Cybersecurity Threats: Data breaches affecting procurement contracts and vendor management. Increased costs due to emergency sourcing.

Agile and Lean Supply Chain 59

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

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Procurement Insights

DECEMBER 20, 2024

Focused on Supplier Engagement: Payback comes through better negotiation outcomes, especially in high-value or high-volume procurement categories. Best Fit: Organizations aiming to reduce costs through supplier negotiations , especially those handling volatile or commodity-based procurement.

supply chain budgeting 58

supply chain budgeting Procurement Raw materials Supplier negotiation 58

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management.

Supply chain management 98

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

SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. Whether dealing with suppliers, logistics providers, or internal stakeholders, striking the right balance between assertiveness and flexibility is key. Builds Stronger Partnerships: Fosters trust and long-term collaboration with suppliers and stakeholders.

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

SCMDOJO

FEBRUARY 26, 2025

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies.

supply chain budgeting 52

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

Procurement Foundry

AUGUST 29, 2022

A stellar negotiation strategy allows you to achieve astounding results. One such brand is AriZona Iced Tea, which has managed to keep its (super delicious) product at an almost unheard-of low of $0.99 However, some brands can achieve this cost-savings mission. Is it because of their procurement processes, other reasons, or a mixture?

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Quality 52

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in the procurement process. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Insights

MARCH 16, 2025

How Procurement Professionals Use or Interact with Model Context Protocol (MCP) Procurement professionals interact with AI models that utilize Model Context Protocol (MCP) in various ways, especially within digital procurement platforms, supplier management systems, and spend analytics tools.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Procurement Templates

APRIL 15, 2024

They would ask various procurement managers for advice but often got a different response depending on who they ask. If all the procurement managers are operating within the same set of rules why are there different shades of grey when responses are dished out?

Influencing 130

Influencing Negotiation Risk Innovation 130

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products. It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products. It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

CPO Rising

FEBRUARY 3, 2023

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendation designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement team 52

Procurement Insights

APRIL 8, 2025

Scalability and Resilience Factor Agent-Based Model (Metaprise) Equation-Based Intake & Orchestration Scalability Agents scale across global networks, managing thousands of variables (e.g., Example Agents autonomously manage compliance across 50+ countries with varying regulations. tariffs, ESG metrics).

Supply Chain Optimization 59

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

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Supply Chain Game Changer

JULY 16, 2019

Supplier Relationships – Don’t go over to the Dark Side! Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. There were Executives from dozens of Suppliers in attendance. Subscribe Here! Email Address. DO’s.

Supplier relationship management 58

Supplier relationship management Suppliers Management e2e 58

Una

APRIL 6, 2023

Benefits realization in procurement Without monitoring contract compliance and supplier performance over time, the monetary and other benefits you worked so hard to secure throughout the supplier negotiation can be seriously eroded. The below chart from CEBglobal/Diversa shows the danger. What exactly is benefits realization?

Procurement 97

Procurement Supplier relationship management Supplier negotiation Contract 97

Una

NOVEMBER 16, 2022

The centralized procurement team scopes out the project, approaches the market, evaluates suppliers , negotiates a volume discount, and awards the contract to a single supplier. Improved supplier risk management. Regional/business unit managers will have less autonomy, which can cause frustration.

Procurement 98

Procurement Purchasing Procurement team Supplier negotiation 98

ivalua

OCTOBER 8, 2021

But in response to supply chain disruptions over the past year and a half, many store managers had to go rogue. Disrupted supply chains had many retailers looking for alternative local suppliers for equipment, materials, supplies, and more. . Attack GNFR Spend.

Procurement 130

Procurement Supply Chain Optimization Procurement team Purchasing 130

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

SCMDOJO

DECEMBER 14, 2023

Logistics and Shipment Management: Smooth Transitions Across Borders Coordinating the logistics of shipping goods across borders is a complex task. Navigating Complex Negotiations: When the intricacies of supplier negotiations become overwhelming, a sourcing agency can be your strategic ally.

Sourcing 104

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

Spend Matters

OCTOBER 24, 2024

To potential buyers — COVALYZE can save category managers and buyers significant time and money, as it takes away many of the manual processes historically required of these roles. We asked COVALYZE’s co-founder and CEO Christian Haas: How did COVALYZE come into being? It’s a complex story.

e2e 119

e2e Data interpretation Buyers Data 119

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

Finale Inventory

AUGUST 28, 2024

Managing inventory is a vital part of running an efficient construction company. In the current digital landscape, where ecommerce is expanding, integrating inventory management with online operations is more important than ever. A key element of inventory management in construction is the use of technology.

Inventory 52

Inventory Management Real-time Visibility Negotiation 52

Finale Inventory

SEPTEMBER 17, 2024

As a small business owner in ecommerce, having effective inventory management strategies is key to your success. Managing inventory efficiently helps you optimize your stock levels and ensures you don’t run out of popular items or waste money on excess inventory.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

Jaggaer

JUNE 28, 2024

Fifty-three percent of procurement and supply chain managers and directors say that workload issues and inefficiencies are the top risks facing their organizations. The research explores the rising strategic role of procurement and supply chain management and what these professionals need to be successful.

supply chain budgeting 52

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

CPO Rising

JANUARY 12, 2024

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, […]

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement 52

SCMDOJO

OCTOBER 7, 2024

In addition, management commitment, and continuous improvement that includes process optimization, digitalization, supplier negotiation, and customer feedback can reap the rewards. Resource Management Cost efficiency focuses on resource management such as inventory controls, supplier negotiation, staff training, and development.

Supply Chain Efficiency 92

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 92