Supply Chain Dive

AUGUST 30, 2022

Regulators were concerned that a sale to China International Marine Containers would have led to higher prices and less supply chain resiliency.

Supply chain resilience 126

Supply chain resilience Price Supply chain Supply 126

SCMDOJO

JANUARY 9, 2025

Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience. By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Arkestro

DECEMBER 5, 2024

How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience. Subscribe to news from Arkestro. You can unsubscribe at any time.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Jaggaer

FEBRUARY 13, 2025

Procurement stands at the center of several competing aims and objectives: cost savings, compliance, reputation, innovation, finance and supply chain resilience. At H&Z we have developed a three-step approach to addressing this challenge: First, measure the emissions related to the companys supply chain.

Leadership 52

Leadership Procurement Supply Chain Efficiency Sustainability 52

Arkestro

DECEMBER 26, 2024

Strategic sourcing prioritizes developing long-term, value-driven relationships with suppliers rather than just chasing the lowest price. Strengthening supplier partnerships can help improve supply chain resilience, ensure competitive pricing, spark co-innovation in procurement practices, and foster loyalty with trusted partners.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

FEBRUARY 15, 2025

A well-managed supply chain does not just survive crises it thrives in them. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Lets dive into these critical issues and explore actionable strategies that help CPOs navigate the path forward.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

HICX

OCTOBER 23, 2023

By Costas Xyloyiannis, co-founder and CEO of HICX While inflation and economic pressures, such as the recent US price reforms, force pharmaceutical brands to be even more frugal than usual, they will do well to not tackle cost efficiency as a solo issue. Brands require resilience in various areas, and chief among these is compliance.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

Jaggaer

OCTOBER 24, 2024

Conventional transactional relationships focus on price and delivery terms. Supply chain resiliency & risk mitigation Resiliency has become a key concern for businesses in a dynamic market environment. The aim is not simply to drive down the price, but the total cost.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52

Procurement Insights

DECEMBER 3, 2024

Reference to Triple Bottom Line post Consumer decision-making regarding ESG (Environmental, Social, and Governance) goals is influenced by several concerns, which can either encourage or hinder their commitment to purchasing products and services that align with ESG principles.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

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. That way you can take steps to mitigate the delay and line up alternative sources of supply.” 3) Optimize Decision-Making.

supply chain software solutions 130

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

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

HICX

NOVEMBER 6, 2023

By Costas Xyloyiannis, CEO of HICX While inflation and economic pressures, such as the recent US price reforms, force pharmaceutical brands to be even more frugal than usual, they will do well to not tackle cost efficiency as a solo issue. Brands require resilience in various areas, and chief among these is compliance.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. This allows you to tailor your learning to your particular needs.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Select partners based on their capability.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Procurement Templates

SEPTEMBER 14, 2023

Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability. For example, a product with a lower purchase price may have higher long-term operational and disposal costs.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Procurement Tactics

JUNE 7, 2023

Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience. Additionally, GEP SMART provides vendor collaboration dashboards, allowing suppliers to manage their profiles, catalogs, and pricing.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Jaggaer

MARCH 2, 2020

Research reveals a rise in disruptive incidents deep in the supply chain. The latest Supply Chain Resilience Report published by the Business Continuity Institute in partnership with the Chartered Institute of Procurement & Supply (CIPS) provides some fascinating insights.

Risk 103

Risk Suppliers Management Supply Chain Optimization 103

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply chain risk management software helps retailers monitor their inventory levels, product prices, sales volume, shipping costs, and other important metrics on a daily basis so they can make smart decisions about inventory levels and pricing strategies before something goes wrong with either one of those things happening.

Risk management 96

Risk management supply chain software solutions Risk Management 96

Arkestro

JANUARY 4, 2023

“Particularly for procurement, there will be increased reliance on tools and services that can create and foster supply chain resilience, cost optimization, and agility,” Mellot added. Using human behavior science, game theory, and machine learning, Arkestro helps you find the right supplier at the right price right now.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Arkestro

JANUARY 9, 2024

Procurement teams can analyze cost data to discover cost drivers, compare supplier pricing, and reveal opportunities for cost reduction. Supply Chain Resilience The pandemic highlighted the importance of supply chain resilience. Contract management.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Una

JUNE 5, 2024

Conflicts in Ukraine and the Middle East continue to drive up prices and threaten shipping. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility? The lesson?

Agile and Lean Supply Chain 52

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

Procurement Software

APRIL 2, 2024

So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. We’re going to cover three different price points. Some platforms in this price range will also support e-auction capabilities. Usually priced based on spend amount being analysed through the tool.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

TYA Suite

NOVEMBER 15, 2024

By anticipating potential financial impacts—such as price fluctuations or costs associated with supply chain disruptions—companies can better manage their budgets. This approach not only reduces supplier risk but also fosters healthy competition among suppliers, which can lead to better pricing and higher quality.

Risk management 40

Risk management Risk Suppliers Strategy 40

SCMDOJO

JUNE 6, 2023

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

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. Supply market constraints – including price rises, haulage issues and capacity shortages.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

Procurement Insights

MAY 25, 2024

Using Mintec data in supplier negotiations, they can control price inflation and reduce proposed price increases across branded and private-label goods. True supply chain resilience and adaptability are all about access to timely and contextual data. A lot has changed technology-wise during that period.

Sustainability 40

Sustainability Supply chain resilience Supply Chain Efficiency Data 40

Arkestro

DECEMBER 12, 2022

A region that was the primary source of a raw material used in drug manufacture may suffer an extreme weather event that temporarily reduces supply and raises prices. With predictive pricing recommendations, companies reduce their cycle time and allow sourcing events to run automatically. Climate change is also a massive issue.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Empowering CPO

MAY 8, 2023

Financial Risks – Financial risks in procurement relate to the potential financial losses an organization may face due to fluctuations in currency exchange rates, interest rates, and commodity prices, as well as the financial stability of suppliers.

Risk management 52

Risk management Risk Procurement strategies Strategy 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 Trend

AUGUST 13, 2020

It also requires a clear understanding of the environment in which the organization operates, so scenario planning must go extend beyond the enterprise to encompass value-chain dynamics and end-to-end supply chain resilience. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Arkestro

MAY 30, 2022

By adopting this strategy, procurement teams build supply chain resilience and agility. The “predictive” element—made possible by AI analyzing a dizzying array of variables in real-time—allows health and pharma companies to act in advance of rising prices and product shortages.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

IBM Supply Chain Blog

MARCH 21, 2023

Visibility also enables you to reconcile invoices against purchase orders, shipment documentation and receipts to identify quantity and price discrepancies. Having a clear view of your network allows you to see the fill rate and lead time for orders and shipments.

Real-time Visibility 77

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

EazyStock

APRIL 18, 2023

High inflation rates are seeing price increases for everything from products and components to commodities and utilities, creating a global cost of living crisis. Understand the resilience of your supply chain Supply chain resilience means managing day-to-day risk and having systems and processes to adapt to disruption in the supply chain.

Supply Chain Optimization 52

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