Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. For today’s article, we will discuss everything you need to know about the blanket purchase order, including what it is, its importance, how to create one, and when to use it. What is a Purchase Order?  Menu Course Library 1.

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Purchase orders Purchasing Quantity Buyers 191

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

supply chain budgeting 192

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

Spend Matters

DECEMBER 23, 2024

How customers justify procuretech investment to stakeholders Cost savings and efficiency: Direct savings and operational efficiency metrics resonate strongly with financial stakeholders. We provide customers with ROI calculations, use cases, and other tools to help quantify the potential savings and efficiency gains.

Procurement 120

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 120

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Templates

APRIL 10, 2022

These are key topics that you should be discussing at your weekly or monthly purchasing team meetings. any initial supply chain. Setting key metrics for all of these things and discussing them in supply chain meetings will focus on these quality deficiencies. l they can raise issues they face, whatever they may be.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. A business expert or a procurement manager can know the difference between a sales order and a purchase order, but these two documents are the same for many others.  Menu Course Library 1. What is a Sales Order?

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Purchase orders Purchasing supply chain software solutions Buyers 200

Skill Dynamics

DECEMBER 18, 2024

Not only will it ensure that you comply with regulations, but it will also help you maintain operational effectiveness throughout your procurement chain. Inconsistencies between purchase orders and invoices are another thing to watch for. Theyre both key tools in ensuring transparency and accountability within your organization.

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Risk Strategy Supply Chain Efficiency Procurement 52

Spend Matters

DECEMBER 16, 2024

Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Supply Chain Risk Management (SCRM) complements this by systematically identifying and mitigating supplier risks, such as financial instability, geographic vulnerabilities and inconsistencies in supplier operations.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 110

SCMDOJO

JANUARY 9, 2025

This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Click here!

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Tactics

DECEMBER 21, 2022

Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.

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Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Procurement Tactics

DECEMBER 7, 2022

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

Spend Matters

DECEMBER 11, 2024

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

Procurement Tactics

OCTOBER 5, 2022

KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. In this article, we will discuss what KPIs are and their importance in the supply chain. Supply Chain KPIs Explained.

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Supply Chain Efficiency Supply chain Supply Chain KPIs Supply 194

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

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Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Tactics

SEPTEMBER 15, 2022

Sustainable Purchasing — The Ultimate Guide. Sustainable purchasing might be a term that many people are not familiar with. However, this kind of purchasing is important, especially in the supply chain. . In this article, we will talk about what sustainable purchasing is. What is Sustainable Purchasing?

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Purchasing Sustainability Cost of ownership Supply Chain Efficiency 130

SCMDOJO

JANUARY 22, 2025

Want to optimize your supply chain metrics and drive significant improvements? Understanding and tracking key supply chain metrics is essential. This guide will equip you with the knowledge you need to make data-driven decisions, achieve your business goals, and boost your supply chain metrics.

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Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 90

SCMDOJO

NOVEMBER 20, 2024

When transparency occurs in all aspects, it empowers a firm decision and helps prevent stock from being stocked out or excessively stocked. Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Moreover, Obsolete inventory damages future stock as well. Click here!

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries.

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Supply Chain Optimization Supply Chain Efficiency Inventory Strategy 98

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

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? Why is it Important?

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Price Purchasing Raw materials Negotiation 130

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Order vs Invoice — 7 Key Differences Purchase orders and invoices may be hard to differentiate, especially if you are new in the procurement industry. What is a Purchase Order?

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. 8 Steps to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022.

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Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Let's Talk Supply Chain

MARCH 24, 2025

In a whirlwind of market turbulence, teh auto supply chain is grappling with the aftermath of a tariff blitz that‍ has sent shockwaves through component suppliers worldwide. In response to the tariff pressures,component suppliers are fighting back with innovative strategies to mitigate the financial strain.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 40

Procurement Tactics

MARCH 16, 2023

Strategic procurement is a crucial aspect for businesses across the globe as every organization wants to create an effective procurement strategy to ensure success and maximize value contribution. It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget.

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Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution.  Menu Course Library 1. Procurement Tracking: Why is it Important?

Supply Chain Efficiency 178

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

Spend Matters

MARCH 25, 2025

This involves mapping key internal and external players, understanding their unique objectives and developing strategies to foster alignment and commitment. Suppliers and external partners contribute another layer of complexity, as they rely on procurement systems for seamless onboarding, data accuracy and operational efficiency.

Stakeholder engagement 94

Stakeholder engagement Management Procurement Influencing 94

Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Rajeev Karmacharya.

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Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Let's Talk Supply Chain

MARCH 3, 2025

In todays episode of Women in Supply Chain Im joined by Christine Barnhart for a special episode in honor of International Womens Day. Christine has over 25 years of expertise in manufacturing, purchasing, planning, marketing and strategy. And were doing just that at this years Women In Supply Chain Forum, set for Nov.

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Supply Chain Efficiency Supply chain Supply Leadership 52

Procurement Tactics

MAY 22, 2023

Additionally, we will tell you the advantages of having integrated logistics in your supply chain. Thus, this will enable you to implement it in your supply chain. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. What is Integrated Logistics?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Skill Dynamics

JANUARY 16, 2025

Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records. As a result, teams achieve greater productivity and efficiency. Its when youre ready to make a strategic change.

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Supply Chain Efficiency Procurement Supply Chain Optimization Suppliers 52

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In recent years unforeseen supply chain disruptions have forced companies to identify and plug these gaps at short notice.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. How can you create a more efficient supply chain and gain a better understanding of overall performance?

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Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Planergy

MARCH 18, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. But what happens if those supply chains are disrupted?

supply chain budgeting 52

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

SCMDOJO

JANUARY 30, 2023

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!

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

ivalua

MARCH 16, 2020

In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49