SCMDOJO

JANUARY 9, 2025

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. 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.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Jaggaer

OCTOBER 24, 2024

This collaborative approach can take various forms, from co-developing new products to jointly managing risks and ensuring sustainability in the supply chain. Imagine a car manufacturer working closely with its key suppliers to develop a new electric vehicle.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 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

Procurement Tactics

JUNE 7, 2023

Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Zycus Cognitive Procurement

JANUARY 20, 2023

Supply Chain Resilience: The unprecedented disruption caused by the pandemic has highlighted the importance of supply chain resilience. Organizations must build tough and robust supply chains to cope with these kinds of shocks and stay competitive in the long run.

supply chain software solutions 52

supply chain software solutions Procurement Supply chain resilience Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 20, 2023

Supply Chain Resilience: The unprecedented disruption caused by the pandemic has highlighted the importance of supply chain resilience. Organizations must build tough and robust supply chains to cope with these kinds of shocks and stay competitive in the long run.

supply chain software solutions 40

supply chain software solutions Procurement Supply chain resilience Supply Chain Efficiency 40

Empowering CPO

JUNE 14, 2023

It’s no longer about simply obtaining goods and services at the lowest cost, but also about adding value to the organization, reducing risks, enhancing sustainability, and promoting social responsibility. We will explore what they are, why they matter, and how they are being implemented across different sectors.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52