SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

Agile and Lean Supply Chain 52

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

Procurement Tactics

JUNE 5, 2023

For instance, if an organization in Europe sources raw materials from India, manufactures the product in China, and sells it to customers in its country, then its supply chain is global. The use of advanced technologies and logistics strategies is often necessary to manage the complexity and risks associated with a global supply chain.

supply chain budgeting 192

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

Procurement Insights

DECEMBER 3, 2024

STAKEHOLDER (AGENT) 3 What are the main concerns for suppliers meeting ESG specifications? Suppliers face several obstacles in meeting ESG (Environmental, Social, and Governance) specifications, stemming from resource limitations, regulatory complexities, and operational challenges.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

IBM Supply Chain Blog

JUNE 30, 2023

Visibility into other key inventory (e.g., Facts about the energy and utilities industry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases.

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

ivalua

JANUARY 31, 2022

in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). The annual rate of inflation in the United States hit 6.2%

Procurement 130

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

Jaggaer

APRIL 9, 2025

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. A closer look at these functions reveals how ERP streamlines operations and supports long-term growth.

Real-time Visibility 52

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

ivalua

JUNE 16, 2021

MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

ivalua

APRIL 6, 2021

Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties. If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier. An Overview of Contract Lifecycle Management.

Contract 130

Contract Management Contract management e2e 130

Supply Chain Game Changer

OCTOBER 14, 2021

Here’s a look at the top six challenges on the horizon, and how supply chain executives can embrace them. Crude oil prices are a simple litmus test for economic performance—namely in how they affect the cost of fuel prices, which affect freight rates. Rising fuel and freight costs. bbl to $68.50.

Supply Chain Efficiency 76

Supply Chain Efficiency Supply chain Real-time Visibility Supply 76

SCMDOJO

AUGUST 16, 2023

[Read More: The Ultimate Guide to Contract Logistics: What You Need to Know ] Information Technologies Driving Efficiency In Walmart’s journey towards becoming a global leader, information technologies have played a pivotal role in driving efficiency within the integrated Walmart supply chain.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Procurement Leaders

JUNE 13, 2022

Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. Engaging with suppliers to collect the necessary data. Engaging with suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Supply Contract 130

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.

Real-time Visibility 77

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 77

Zycus Cognitive Procurement

FEBRUARY 14, 2022

One such thing is your suppliers and their ability to provide as and when needed. You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. Why now, you may ask.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

SCMDOJO

APRIL 29, 2024

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices.

Supply chain management 98

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

Una

OCTOBER 17, 2023

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. The basics of group purchasing Group purchasing refers to the practice of businesses or organizations coming together to purchase goods or services at a discounted price.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Supply Chain Optimization Real-time Visibility 19

SCMDOJO

JUNE 17, 2024

Logistics operations are becoming more complex and expensive due to changes in restrictions, labor shortages, and rising fuel prices. Supplier Reliability and Risk: Dependence on a limited pool of suppliers raises the risk of issues with them, such as erratic cash flow, changing laws, or natural disasters.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Supply Chain Game Changer

JULY 2, 2021

As detailed in a New York Times analysis of the crisis, these shortages are raising prices for many common household goods, contributing to inflation. In short, a year into the pandemic, many supply chains are in a knot. It’s yet another example of how vital supply chain management is to today’s global economy.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency e2e Supply chain 105

SCMDOJO

JULY 7, 2023

Late changes to the design of the vehicles, such as the headlights, caused disruptions in the supplier base and necessitated costly tooling changes. These supply chain issues not only delayed production further but also strained relationships with suppliers.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

EazyStock

MARCH 17, 2021

When one link in the supply chain is shut down, the effect can be felt throughout the supply chain resulting in delayed or cancelled deliveries, closed ports, drastically unbalanced supply and/or demand. This is a major byproduct of globalization, as suppliers are increasingly international. Cyber Attacks.

Supply Chain Optimization 78

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency supply chain budgeting 78

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. of course, has the potential to affect multiple stages and functions of the supply chain. But pricing — given its dependence on a host of ever-changing factors — seems an especially fertile target for the technology. pricing model. “If In its purest form, A.I. Can the A.I.-driven

Price 40

Price Raw materials Supply Chain Optimization Supply chain 40

Supply Chain Game Changer

NOVEMBER 19, 2018

From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. The Supply Chain arranges for the appropriate logistics, and negotiates terms and conditions with Suppliers, audits Suppliers, and deals with quality strategies and issues.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Many business leaders are looking to their supply teams to increase supply reliability and reduce supply costs. Moreover, “Pricing” management remains critical. Price Risk: The possibility that prices for goods or services could be adjusted to your organization’s disadvantage. Recommended Reading.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

Jaggaer

OCTOBER 3, 2024

Next, supplier benchmarking is a really important lever: our customers see significant savings if they continuously review pricing. Finally, setting supplier performance targets (for example, on-time delivery and defect rates) and continuously monitoring them is essential to avoid cost growth. Which are our strategic suppliers?

Supply Chain Optimization 52

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

World of Procurement blog

APRIL 23, 2024

Challenges in Construction Procurement The complexity of construction projects often brings with it a set of challenges including: Supply Chain Complexity: The vast number of suppliers, logistics required, and the necessity for timing precision make the supply chain highly complex.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Challenges in Construction Procurement The complexity of construction projects often brings with it a set of challenges including: Supply Chain Complexity: The vast number of suppliers, logistics required, and the necessity for timing precision make the supply chain highly complex.

Supply Chain Efficiency 52

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

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Supply chain visibility is also incredibly important these days. If you are managing, or hope to manage, a reasonably effective supply chain you need to know when goods are coming in to your company, moving through your company, and leaving your company. Supplier Management. Organization.

Strategy 68

Strategy Management Real-time Visibility e2e 68

The Good Spending

JUNE 15, 2022

The new supplier selection will be based on POC or prototypes, where the technical evaluation will prevail over price. The new supplier selection will be based on POC or prototypes, where the technical evaluation will prevail over price. Therefore, negotiations will be the most suitable mode of supplier selection.

supply chain budgeting 52

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

Procurement Software

MARCH 7, 2023

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer. This is due to spend and supplier data being consolidated in one single system.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order. Increased supply chain visibility.

supply chain software solutions 52

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

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Una

JUNE 5, 2024

Conflicts in Ukraine and the Middle East continue to drive up prices and threaten shipping. Building resilient supply chains So, what defines a resilient supply chain? It’s not just about having a backup supplier or two – it’s about building an entire ecosystem that can flex and pivot as needed.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier. Managing suppliers with AI and ML.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 52

Procurify

JUNE 8, 2022

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. . Last PO issue date

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Supply 52