SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. 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 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023.

Price 177

Price Suppliers Quality Negotiation 177

Procurement Tactics

JULY 4, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. The model is also used to compare the actual cost of production to the estimated cost and to identify areas where costs can be reduced. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

Supply Chain Efficiency 130

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

Let's Talk Supply Chain

MARCH 24, 2025

In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. Welcome ‍to the frontline of change in the world of electronics supply chains.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? Price Purchase Variance: What is it?

Price 130

Price Purchasing Raw materials Negotiation 130

Planergy

MARCH 18, 2025

Download Free Copy Supply Chain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management Supply Chain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supply chains are critical for maintaining consistent educational services.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Procurement Tactics

MAY 30, 2023

Their primary responsibilities include negotiating with suppliers to obtain favorable terms and prices, ensuring the quality and timely delivery of goods and services, and managing the procurement process from start to finish. This is a crucial responsibility as it helps the organization to reduce costs and increase profitability.

Management 178

Management supply chain budgeting Procurement Negotiation 178

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

Procurement Tactics

MAY 16, 2023

Thus, you will know what operational model will work better for your supply chain. A fourth-party logistics , typically known as 4PL, is an operational model where a business outsources its entire supply chain and logistics to a single external provider. 4PL: What is it?

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Jaggaer

MARCH 24, 2025

Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks. How JAGGAER Helps: CPOs who leverage JAGGAERs robust AI-powered tools identify emerging risks, forecast price volatility, and evaluate supplier performance with precision.

Procurement 52

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

Let's Talk Supply Chain

FEBRUARY 27, 2025

Technology integration: ‍ The integration of advanced technologies like autonomous vehicles and route optimization software is expected to streamline operations and potentially reduce costs,influencing the direction of trucking rates.

Supply Chain Optimization 52

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

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.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Jaggaer

MARCH 20, 2025

Community colleges, public universities, and private institutions alike must navigate the potential for budget cuts, shifts in federal aid programs, and changing regulatory requirements. Budget Shortfalls First, the good news. Whether this increase will be sustained is, of course, very much open to question.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

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

Positive Purchasing

NOVEMBER 9, 2023

Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function. I am sure you are comfortable being flexible and agile when buying something different, or sourcing from an alternative more sustainable supplier.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Procurement Tactics

JULY 2, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. A clear budget 4. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 98

Procurement Tactics

JUNE 22, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. A purchase order is simply a document that a buyer sends to a supplier to request goods or services, which outlines the order’s details, including the quantity, price, delivery, and payment terms.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Tactics

JUNE 28, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Supply Chain Efficiency 178

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

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

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

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Subscribe Here! Email Address.

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

Planergy

MARCH 19, 2025

Never make decisions based on price alone. Schools rely on vendors for everythingtextbooks and classroom supplies, technology, food services, and maintenance. Managing these suppliers isnt just about making purchases; it ensures smooth operations, cost savings, and quality education. What is Supplier Management?

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.

supply chain software solutions 52

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

Skill Dynamics

JANUARY 14, 2025

Finance and Cost Management Being able to efficiently and effectively manage and control procurement budgets and general costs will lead to stronger financial control across your business , increased cost efficiencies, and a better allocation of resources, which allows you to enhance profitability and improve your team.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Procurement Tactics

MAY 21, 2023

Acquisition cost, also known as the cost of acquisition, refers to the total amount of money a company spends when acquiring new assets, obtaining new clients or customers, or acquiring another company. The actual cost will depend on various factors such as the purchase price, financing costs, taxes, and other expenses.

Negotiation 174

Negotiation Purchasing supply chain budgeting Procurement strategies 174

Planergy

FEBRUARY 24, 2025

Sustainable Procurement Increasingly important in modern education, sustainable procurement prioritizes environmentally friendly and socially responsible purchasing decisions. This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Sourcing and Supply Chain

NOVEMBER 19, 2022

Logistics has been an indispensable part of the Supply Chain, generally known and seen as a cost centre. Organizations and Nations have been deploying strategies to reduce logistics costs to a minimal percentage of the total material and supply chain costs globally.

supply chain budgeting 98

supply chain budgeting Supply chain Logistics Supply 98

Procurement Tactics

JULY 20, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. By having records of past spending, businesses can estimate costs and make informed decisions to ensure profitability.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Insights

MARCH 16, 2025

MCP ensures that previous supplier evaluations, compliance issues, and sustainability scores are factored into ongoing sourcing decisions. Improved Outcome: Procurement teams get context-aware supplier suggestions , reducing risk and improving supplier relationships. ABM simulates market dynamics and predicts future supply chain risks.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 7, 2022

Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations.

supply chain budgeting 86

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

Jaggaer

FEBRUARY 5, 2025

When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price. Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52