SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. You benefit from them because your business receives help for managing peak seasons and overcoming competition for the top e-commerce positions. Source: [link] Well, it faces a few challenges: Management. The terms depend on the loan type.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 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, I also recognize that we need to balance cost savings with the need to invest in the future.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation.

Risk 130

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

Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Downsides : High cost and potential misalignment with small or medium-sized enterprises.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

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

ivalua

FEBRUARY 24, 2021

Recent data from the Hackett Group reveals that AP teams that provide self-service capabilities to suppliers can achieve Superhero status by reducing inquiries by 49% and saving 50% on master data management costs. Bad Supplier Relationship Management is the kryptonite for AP . Pay on time. Establish formal processes.

Suppliers 130

Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

The Network Effect

APRIL 16, 2015

It is difficult to come across many supply chain leaders today who do not subscribe to the principle of Demand-Driven Supply Chains. As supply chain experts we continue to write about, provide webinars, present at conferences, and assist numerous client companies to progress towards the Demand-Driven Supply Chain model.

supply chain budgeting 65

supply chain budgeting supply chain software solutions Demand Supply Chain Optimization 65

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. It can help securely share information, make communication more efficient and improve project management. .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. Part of the solution lies in digitalization.

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

Supply Chain Trend

JUNE 28, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Although there might be a renewed interest, a formalised integration between supply chain planning and finance is not a new idea.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Flawed Processes.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

JANUARY 15, 2021

Subscribe to Supply Chain Game Changer. Lead generation is a pivotal process for business growth in any industry, including supply chain and logistics. Email and LinkedIn outreach campaigns enable sales teams to reach out to prospects and quickly convert them to customers without harming a company’s budget.

supply chain budgeting 62

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supply chain 62

SupplyShift

APRIL 15, 2020

The supply chain is often cited as one of the areas where companies have significant challenges in managing and reducing emissions. For lots of businesses, most emissions lie within the supply chain, and as such, these emissions are beyond a company’s direct control (Scope 3).

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

SupplyShift

APRIL 15, 2020

The supply chain is often cited as one of the areas where companies have significant challenges in managing and reducing emissions. For lots of businesses, most emissions lie within the supply chain, and as such, these emissions are beyond a company’s direct control (Scope 3). Complexity.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

Jaggaer

FEBRUARY 25, 2020

Register for our webinar, The Virtual Path to Sustainability. According to our partner EcoVadis’s Global CSR Risk and Performance Index report , depending on their industry, 50% to 80% of a company’s sustainability impact is in their supply chain. Get the details on building sustainable supplier relationships.

Sustainability 71

Sustainability supply chain budgeting Supply Chain Efficiency Procurement 71

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains.

supply chain budgeting 52

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

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. Procurement was expected to generate one-third of the expected business value; transforming procurement and supply chain was key. with a new CFO, or new budget.

Procurement strategies 111

Procurement strategies Innovation Strategy Procurement 111

NLPA (Next Level Purchasing Association)

JULY 20, 2023

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Jaggaer

FEBRUARY 11, 2020

For more, and to learn about all four steps of the autonomous procurement process, register for our webinar, “ Four Steps to Autonomous Procurement “ In modern procurement teams, many are wondering what will happen when AI technology is truly integrated into purchasing systems. So what does this all mean for employees? .

Procurement 80

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 80

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships. Are you focused on cost reduction, innovation, sustainability, or a combination? Value engineering (finding alternatives) and reducing waste can also contribute. Strong contract negotiation helps manage risks.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

NLPA (Next Level Purchasing Association)

MAY 7, 2023

S & O Planning enables organizations to balance supply and demand, improve production rates, reduce lead times, and enhance customer service levels. Do you find it challenging to manage your business functions in a synchronized manner? Supply Risk Checklist Vendor Risk Management Your Business Strategy Is Foolproof, Right?

supply chain budgeting 52

supply chain budgeting Demand Strategic planning Demand Planning 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

JANUARY 25, 2024

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Ethics 94

Ethics Strategy Risk Business strategy 94

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

JUNE 23, 2022

The executive component to Sales and Operations Planning is top management’s portion of the overall S&OP process. It is a decision-making activity involving the leader of the business (President, General Manager, COO or Managing Director), his/her staff, a number of middle managers and specialists.

Demand Planning 52

Demand Planning Demand supply chain budgeting Strategic planning 52

Slimstock

MARCH 26, 2019

As international supply chain executive Sara Ireton indicates in Industry Week , it’s important to recognize “the success of one partner helps the success of the other.” For example, eLearning solutions, combined with webinars and workshops, can allow professionals in the field to further their learning.

Procurement 66

Procurement Chief Procurement Officer Raw materials Supply Chain Optimization 66

Jaggaer

JULY 18, 2019

Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. Watch the on-demand webinar . A: Cost is a huge factor in determining what technologies and tools your company uses. Q: New technologies are not as affordable and many companies are using old tools.

Procurement 40

Procurement supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency 40

Supply Chain Trend

DECEMBER 22, 2023

2% of managers apply best practice decision methods. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions. See below slide from one of my webinars. The IBP paradigm has hardly changed for 30 years, the decision needle has not moved enough. I was a planner once.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Jaggaer

SEPTEMBER 18, 2024

Navigating ESG, Supply Chain Risks & Polycrisis Procurement and supply chain executives face a complex landscape of polycrisis : resource scarcity, disruptions resulting from geopolitical tensions and climate change, rising ESG due diligence and reporting requirements, and looming corporate net zero commitments.

Sustainability 52

Sustainability Risk Procurement Supply Chain Efficiency 52

Finale Inventory

SEPTEMBER 23, 2024

Managing inventory is a vital part of running a successful small business. With the right inventory management system in place, you can ensure that your products are always available to meet customer demand while also minimizing the costs associated with excess or obsolete stock.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 52

SCMDOJO

NOVEMBER 7, 2024

Digging in to find an absolute top-notch website to level up your supply chain management can be a bit difficult where there is less awareness about it. Alison Supply Chain Courses and SCMDOJO are among the most reliable sources on the internet when selecting an appropriate course. Click here!

supply chain budgeting 98

supply chain budgeting Supply chain Supply chain management Supply chain management 98

ivalua

FEBRUARY 11, 2021

In a recent Ivalua webinar , Ardent Partners’ Chief Research Officer Andrew Bartolini presented Ardent Partners’ 8th annual Procurement Big Trends and Predictions, and shared findings and insights from the firm’s 2020 research and conversations he’s had with fellow analysts and procurement professionals. Our supply chains became resilient.

Procurement 246

Procurement supply chain budgeting Real-time Visibility Supply chain 246

SCMDOJO

DECEMBER 17, 2024

Isnt it high time we chose one to elevate your supply chain career? Overview: CSCMP Certification VS SCMDOJO CSCMP Certification They offer certifications, such as the ScPro, Certified Supply Chain Professional (CSCP), and Certified in Logistics, Transportation, and Supply Chain (CLTP). Click here!

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Supply chain 52