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Negotiation Real-time Visibility supply chain budgeting 
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?
Procurement Tactics
MAY 22, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?
207 This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Procurement Tactics
MAY 16, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. In this article, we will discuss what 4PL means. 4PL: What is it?
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ivalua
FEBRUARY 10, 2023
It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget.
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Procurement Tactics
JUNE 19, 2023
AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. The use of AI in logistics is becoming an essential element of supply chain management as the industry becomes more complex as it is. Types of AI Used in Logistics 1.
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SCMDOJO
MAY 7, 2024
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.
Procurement Tactics
JANUARY 23, 2023
By collecting data on routes, stock levels, drivers’ availability, vehicle tracking, and other pertinent information, a transport management system accurately forecasts expected delivery times while efficiently scheduling drivers accordingly.
SCMDOJO
APRIL 4, 2023
If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.
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 Game Changer
JULY 21, 2021
Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Customer Lead Time (Service).
Procurement Tactics
MAY 31, 2023
Inventory control helps to avoid the various costs associated with purchasing excessive inventory and the strains of operating without sufficient inventory. If a company can lower inventory, it may discover new funds available for expansion or profits. Tips to Control Your Inventory 1.
Una
OCTOBER 17, 2023
EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.
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. and J-P Rodrigue (2004)).
ivalua
OCTOBER 22, 2020
This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices. In Gartner’s Magic Quadrant, they forecast the Procure-to-Pay software market to dip slightly this year, as companies focus on solutions with faster time to value.
IBM Supply Chain Blog
FEBRUARY 13, 2024
These experiences can make or break a business, that’s why prioritizing high performance among applications is non-negotiable. What’s needed is a solution that not only safeguards the performance of your mission-critical applications, but also goes above and beyond through reduced cost, time efficiency and monetary savings.
Procurement Tactics
JULY 20, 2023
Negotiation Course Learn from industry experts who negotiated billion $ deals 2. This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands.
Procurement Tactics
JUNE 6, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. What is Inventory Forecasting?
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Procurement Heads
JANUARY 30, 2023
You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company? Having said that supply chain was more so about the movement of goods ensuring that retail stores had sufficient stock to meet customer demand. Negotiation is a hobby for me.
SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!
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
ivalua
FEBRUARY 27, 2023
How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.
Let's Talk Supply Chain
OCTOBER 30, 2023
Today I’m joined by forward-thinking tech company Beacon Technologies – a brand that says, when it comes to supply chain, they believe in power to the people! Beacon’s supply chain visibility platform is a central hub for real-time ocean and air freight tracking, supply chain performance analytics and carbon emissions reporting.
Procurement Tactics
JUNE 8, 2023
Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Reduction in processing time Warehouse automation makes processes faster and reduces the time spent on handling tasks. This saves a significant amount of time, especially when dealing with a large number of parcels.
Procurement Templates
JUNE 18, 2023
ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?
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SCMDOJO
JUNE 6, 2023
For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision.
Supply Chain Game Changer
MAY 12, 2021
Subscribe to Supply Chain Game Changer. New age of negotiation article and permission to publish here provided by Sam Jenks at kodiakrating.com. We negotiate on a daily basis. Sometimes negotiations are small and sometimes they hold a bit more value or impact. But, there are two sides to every negotiation table.
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SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!
ivalua
MARCH 9, 2023
It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers.
130 
SCMDOJO
AUGUST 21, 2023
Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.
Supply Chain Trend
AUGUST 13, 2020
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.
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. The past few years have been a boon for procurement, which has become increasingly strategic and critical to business.
Una
OCTOBER 25, 2022
Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. Reducing suppliers also helps mitigate risk throughout the supply chain.
Una
OCTOBER 11, 2022
Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers. Our team is dedicated to empowering procurement and technology professionals to make the best sourcing decisions for their organizations while saving money, time, and effort. Facilities Maintenance.
SCMDOJO
JULY 24, 2023
Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.
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Supply Chain Game Changer
FEBRUARY 12, 2020
Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! . There are tremendous benefits but there are obstacles, real or perceived, that get in the way. Many years ago I started a Supply Chain Services business as a new service within the company. Subscribe Here! Email Address.
Una
JULY 6, 2022
A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. GPOs also bring balance to the negotiating equation because they already have relationships and contracts in place with vendors and suppliers. How to Improve the Procurement Process & Increase Cost Savings.
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Empowering CPO
JUNE 30, 2023
Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. But what exactly does it entail?
Finale Inventory
AUGUST 28, 2024
Effective inventory control is key for the success of any ecommerce business. Ensuring that you have the right products available at the right time can help improve customer satisfaction, increase sales, and reduce costs. Effective inventory control goes beyond having the right amount of stock on hand.
World of Procurement blog
APRIL 23, 2024
The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Inventory Control and Management : Properly managing the received materials to ensure they are used efficiently and effectively.
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World of Procurement blog
APRIL 23, 2024
The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Inventory Control and Management : Properly managing the received materials to ensure they are used efficiently and effectively.
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World of Procurement blog
MAY 8, 2024
What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. The ultimate goal of SCM is to reduce costs while satisfying customer demands.
Supply Chain Game Changer
FEBRUARY 9, 2022
Subscribe to Supply Chain Game Changer. Once treated as an “add-on” to full-time commitments, project management has evolved into a separate area with its theoretical background and methods. These activities always require a balance between certain elements: purpose, time, price, and quality. ”. Subscribe Here!
Finale Inventory
AUGUST 20, 2024
What does effective inventory management involve? It demands a thorough understanding of market trends, customer behavior, and supply chain dynamics. This includes analyzing data, implementing forecasting models, and using technology to optimize inventory levels. It requires more than tracking stock levels.
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Arkestro
MARCH 27, 2024
After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. You can unsubscribe at any time. Subscribe to news from Arkestro.
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