Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

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

SCMDOJO

MARCH 24, 2025

3) Supplier Evaluation Purchase Price Variance (PPV) assists in evaluating supplier relationships and managing supplier selection. It helps determine the accuracy of supplier pricing. Checkout SCMDOJO’s Supplier Excellence Manual, your go-to supplier management guide!

Price 68

Price Purchasing supply chain budgeting Raw materials 68

Procurement Insights

APRIL 4, 2025

Prompted by a question I had received from one of my readers regarding the impact of an M&A on procurement, and in particular the departments relationship with suppliers, I thought that I would share the following with you. There is more to e-procurement than software (Part 2) see the link in the Web Resources Section.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 81

Finale Inventory

AUGUST 4, 2024

One important aspect of inventory management is tracking raw materials. Raw materials are the foundation of your products, and accurately tracking them in your inventory system is vital for maintaining optimal production levels and meeting customer demands. Monitoring these materials is important for several reasons.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52

Finale Inventory

JUNE 21, 2024

Raw materials play a crucial role in the field of ecommerce. This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Inventory 52

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. And finally, there’s purchase order-specific software. What is Procurement Software?

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Finale Inventory

JULY 23, 2024

Calculating raw materials inventory accurately is vital for any ecommerce business. Fortunately, Finale Inventory, a comprehensive inventory management software designed specifically for ecommerce businesses, can help streamline the process and ensure accurate inventory calculations.

Raw materials 52

Raw materials Inventory Supply Chain Efficiency Supply Chain Optimization 52

Finale Inventory

JUNE 21, 2024

Raw materials play a crucial role in the field of ecommerce. This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Supply Chain Optimization 52

Procurement Tactics

SEPTEMBER 19, 2022

Sustainable Supply Chain Consulting — The Ultimate Guide. Sustainable supply chain consulting firms are hired by many big businesses to help them with their goals. In this article, we will discuss what sustainable supply chain consulting firms are. What is Sustainability in Supply Chain?

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

Supply Chain Opz

JANUARY 7, 2013

Is Apple Supply Chain Really the No. Everything about Apple Inc is the talk of the town, for example, the new Ipad, Iphone, Apple Map or even the environmental and labor issues at its suppliers facilities. Surprisingly, IT research firm Gartner ranks Apple Supply Chain as the best supply chain in the world for 4 years in a row.

Supply Chain Efficiency 111

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

Supply Chain Brain

JUNE 5, 2023

The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.

Real-time Visibility 98

Real-time Visibility Raw materials Suppliers Logistics 98

Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address. Manufacturing.

Risk management 96

Risk management supply chain software solutions Risk Management 96

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). Below are some key areas where CPI can improve supply chain efficiency: 1. A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Skill Dynamics

JULY 29, 2022

However, for supply chain professionals, it will also be remembered as a summer of environmental, social and governance (ESG) legislation. Last year, Germany passed its Act on Corporate Due Diligence Obligations in Supply Chains. Also slated for 2023, is the EU Supply Chain Law. Interrogate supplier data.

supply chain software solutions 98

supply chain software solutions Supply chain Supply Raw materials 98

Spend Matters

FEBRUARY 13, 2025

In his assessment, Utz previously excelled in the operational aspects of procurement, such as transacting business, supporting manufacturing operations and maintaining raw material inventory the day-to-day firefighting of procurement. In January 2023, Ron joined Utz to lead procurement through this transformational period.

Influencing 97

Influencing Procurement supply chain budgeting e2e 97

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

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Email Address.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Strategic Sourceror

OCTOBER 27, 2022

This was a sentiment shared by just about every product-based company during the pandemic, when the efforts designed to stamp out COVID-19 wound up wiping out supply chains more than anything else. Many of those supply chains remain in rough shape in a variety of respects, from raw materials being hard to come by to staffing shortages.

Collaboration 105

Collaboration Supply Chain Efficiency supply chain software solutions Supply chain 105

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

IBM Supply Chain Blog

NOVEMBER 3, 2022

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

Supply Chain Efficiency 107

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 107

ivalua

JANUARY 29, 2020

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. Retail and tech expert Greg Petro says that, “ while the supply chain moves at a snail’s pace, the consumer is moving at the speed of light… the “see now, buy now” economy is here to stay”.

Collaboration 164

Collaboration Innovation Agile and Lean Supply Chain Procurement 164

SCMDOJO

APRIL 22, 2024

But what steps can you take to a more resilient supply chain during disruptions? If you’re ready to learn more about creating stronger supply chains, read below. As more industries face ransomware attacks, it’s a good idea for any supply chain company to hire cyber experts to prevent disruptions.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 98

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

SCMDOJO

OCTOBER 3, 2024

In this highly competitive job market, more is needed for students to learn the supply chain theory simply. Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply chain management 98

Jaggaer

APRIL 9, 2025

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. Industry-Specific Expertise – Not all ERP solutions are created equal.

Real-time Visibility 52

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

Procurement Templates

JUNE 18, 2023

It can be due to factors such as rising wages, higher raw material prices, or increased taxes. Monetary inflation: This type of inflation is closely related to the money supply in an economy. Supplier diversification: Relying on a single supplier can increase vulnerability to price fluctuations.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. We will now look more into the benefits of KM in supply chain management.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Procurement Tactics

JUNE 22, 2023

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. First, it ensures clear communication between the buyer and the supplier, eliminating potential misunderstandings or disputes.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Supply Chain Game Changer

JUNE 11, 2019

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management. Subscribe Here!

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization Supply chain 105

Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . Closed loop spend management (CLSM) is an approach geared towards injecting resilience and agility into business operations by optimizing overhead costs and transforming procurement and supply chain processes. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Spend Matters

AUGUST 16, 2022

To do so, the company provides services (consulting and training) and a software solution, SupplierBase, that supports the methodology and philosophy of State of Flux. State of Flux developed its approach based on the realization that many organizations practicing SRM do only Supplier Management. when others were not.

Market analysis 97

Market analysis supply chain software solutions Raw materials Supply Chain Efficiency 97

Procurement Insights

DECEMBER 20, 2024

Fast ROI Through Cost Savings: Tracks supplier input costs (e.g., Enables procurement teams to capitalize on supplier cost reductions (e.g., declining raw material prices). Focused on Supplier Engagement: Payback comes through better negotiation outcomes, especially in high-value or high-volume procurement categories.

supply chain budgeting 58

supply chain budgeting Procurement Raw materials Supplier negotiation 58

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Interestingly there are many views on how to define Supply Chain.

Supply chain management 72

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 72

Supply Chain Collaborator

JUNE 4, 2019

The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Understand the terms and ideas being put forward by the early adopters of the amazing new digital supply chain technologies being harnessed by today’s leading practitioners. .

Supply chain management 74

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 74

Supply Chain Game Changer

SEPTEMBER 15, 2021

Subscribe to Supply Chain Game Changer. Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain.

Inventory 92

Inventory Raw materials Management supply chain software solutions 92

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 98