Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. What's PLANERGY? directly impact procurement budgets.

supply chain budgeting 52

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

SCMDOJO

JUNE 28, 2024

10 years of experience in purchasing and procurement, the tobacco market in particular. Deep knowledge of procurement, sourcing, vendor management, and category management in different categories. Provide different consulting projects in procurement and purchasing Proven experience in the negotiation process.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

SCMDOJO

JUNE 6, 2023

Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. These insights can help identify bottlenecks, areas that need optimization and can detect inefficiencies in the supply chain. Download from the below link.

Supply Chain Optimization 72

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

Procurement Templates

SEPTEMBER 14, 2023

For example, a product with a lower purchase price may have higher long-term operational and disposal costs. Risk Management : Supply Chain Resilience : Evaluate suppliers’ strategies for mitigating risks related to environmental disruptions, such as natural disasters or resource scarcity.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

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

Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. 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?

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

APRIL 15, 2020

The inner ring & central focus areas being: Strategic Sourcing Contract Management Requisitioning Purchasing/Spot Buys Payment Spend Analysis. These are definitely some tools that you should have in place to keep the backbone of your purchasing data-driven & keep your suppliers’ invoices paid in full. Publications.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

OCTOBER 3, 2024

Routine Indirect Materials Indirect purchases include a variety of goods and services that aren’t part of the finished automotive product. They include safety equipment, office supplies, cleaning, IT, rental cars, and others. Let’s dive into the definitions and the differences between the two.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier risk is always there, but using various risk management strategies can help you minimize the impact. You can integrate systems in various ways, but the more you integrate and customize, the higher your risk.

Risk 52

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

IBM Supply Chain Blog

MAY 17, 2024

Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. Generative AI activates predictive analytics and forecasting, enabling businesses to anticipate and respond to changes in demand, reducing stockouts and overstocking, and improving supply chain resilience.

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

Arkestro

DECEMBER 12, 2022

To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. Risk Management: Procurement involves a variety of risks, from supply chain disruptions to compliance issues.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

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. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

NLPA (Next Level Purchasing Association)

SEPTEMBER 11, 2024

By implementing these strategies, procurement and logistics professionals can better protect their operations and maintain a secure, resilient supply chain. The post Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement appeared first on Next Level Purchasing Association (NLPA).

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply chain Procurement 52

NLPA (Next Level Purchasing Association)

JULY 30, 2024

The post Preparing Your Supply Chain for the Unexpected appeared first on Next Level Purchasing Association (NLPA). Stop trying to create resources from scratch and start taking advantage of having exactly what you need right at your fingertips in NLPA Learning.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Supply Contract 52

NLPA (Next Level Purchasing Association)

NOVEMBER 22, 2024

Recommended Reading Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement Preparing Your Supply Chain for the Unexpected The Importance of Supply Chain Visibility for Procurement Expert Procurement Operations Management The post How to Keep Your Supply Chain Running When Disruptions Hit appeared first on Next Level Purchasing Association (..)

Supply chain 52

Supply chain Real-time Visibility Supply Risk 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Procurement Software

APRIL 2, 2024

Enterprise-level spend analytics software can easily be purchased within this price bracket. Third Party Risk Management Software Resilinc Resilinc offers a comprehensive solution for enhancing supply chain resiliency.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Examples include cost savings, cost avoidance, and purchase price variance. Introduction A.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Empowering CPO

JUNE 27, 2023

Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement. Proactive Risk Management: Digital spend analysis provides enhanced visibility into supplier performance, allowing organizations to identify and mitigate potential risks.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Let's Talk Supply Chain

FEBRUARY 12, 2025

One strategy to address this‍ issue is diversifying sourcing locations to reduce reliance on a single origin, especially in regions where political instability or weather events can disrupt supply. Technology Integration: Utilize supply chain management tools and technologies to enhance visibility and optimize operations.

Price 52

Price Supply Chain Efficiency Supply Chain Optimization Supply chain 52

SCMDOJO

DECEMBER 16, 2024

This competency includes the ability to take the Master Production Schedule replenishment quantities and “explode” quantities through the bill of materials to create component requirements, which are compared against on-hand and on-order; purchasing or manufacturing orders are subsequently planned and either placed or deferred.

Material management 52

Material management Management Supply Chain Optimization Agile and Lean Supply Chain 52