SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

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Let's Talk Supply Chain

MARCH 2, 2025

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

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Supply Chain Game Changer

JULY 27, 2021

Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Since the Coronavirus pandemic exposed the fragility of the global Supply Chain , everywhere you look you see the word “resilience” being used as the latest buzz word. Subscribe Here!

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Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. Learn more at www.ivalua.com. Media Contact. Michael Gallo.

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Jaggaer

FEBRUARY 5, 2025

A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance. Organizations leveraging digital solutions for S2P gain real-time insights into spending patterns, enabling smarter decision-making. Digital transformation further enhances these benefits by improving visibility and automation.

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Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Let's Talk Supply Chain

FEBRUARY 24, 2025

Through the strategic implementation of AI solutions, companies can unlock a myriad of benefits, including predictive analytics for demand forecasting, automated inventory management to minimize stockouts, and real-time monitoring for enhanced visibility across the entire supply chain.

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Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain resilience 52

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.

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

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

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IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. Why is supply chain resiliency important?

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Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Let's Talk Supply Chain

MARCH 3, 2025

Furthermore, supply chain resilience continues to be a top priority for businesses, with an emphasis on diversifying sourcing locations and building agile, responsive supply networks. Until next time, keep on optimizing, innovating, and pushing the boundaries of what’s possible in the world of logistics.

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Supply Chain Optimization Supply Chain Efficiency Logistics supply chain budgeting 52

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

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

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience.

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Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 98

Procurement Insights

JANUARY 3, 2025

Minimal Strategic Involvement : Procurement was often siloed, with limited involvement in broader corporate strategies. Digital Transformation Matures : Advanced technologies such as AI , machine learning , and automation enabled procurement to provide predictive insights , scenario planning , and real-time decision-making.

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Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

TYA Suite

NOVEMBER 15, 2024

If a supplier is struggling with cash flow or facing bankruptcy, it may not be able to fulfill orders on time or maintain the quality of its products. Based on the risk assessment and supplier evaluations, businesses develop specific strategies to mitigate identified risks.

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SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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

IBM Supply Chain Blog

JUNE 30, 2023

The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Supply expenses escalate due to over-ordering, waste and emergency orders. Supply expenses escalate due to over-ordering, waste and emergency orders.

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Jaggaer

OCTOBER 24, 2024

The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs. Supply chain collaboration: a broader perspective Supply chain collaboration goes beyond linear relationships within a traditional supply chain.

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Procurement Tactics

DECEMBER 21, 2022

Additionally, we will show you the steps and give you examples of a successful supply chain collaboration. . After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Defining Supply Chain Collaboration. Horizontal Collaboration

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Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

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SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. The interactive approach caters to learners who want to develop practical skills and gain real-world insights. This flexibility is ideal for busy professionals.

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Finale Inventory

AUGUST 15, 2024

Inventory shrinkage can pose significant challenges for ecommerce businesses. It refers to the loss of inventory between the time it is received and the time it is sold. Understanding the causes of inventory shrinkage is vital for implementing strategies to minimize it and enhance profitability.

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IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. Visibility into other key inventory (e.g.,

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

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ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? We’re looking for cost mitigation strategies and new ways to deliver value,” she said. “To

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

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Supply Chain Trend

AUGUST 13, 2020

The budget, or annual operating plan, is normally the first year of the strategy. Integrated Business Planning serves to align enterprise wide plans with the organization’s strategy. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy. Automation versus Augmentation.

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SCMDOJO

JUNE 6, 2023

Data analytics plays a central role in inventory optimization. It provides real-time visibility into stock levels, lead times, and demand patterns. Businesses can make precise forecast demand, identify obsolete inventory, and can use data analytics to make smart decisions about stock allocation and replenishment.

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IBM Supply Chain Blog

SEPTEMBER 18, 2023

At the same time, complex and fragmented supply chains can introduce challenges like supply chain compliance and fraud mitigation. Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Supply Chain Game Changer

NOVEMBER 2, 2022

You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains. That means managing employees, vendors, customers, and more on one platform.

Risk management 96

Risk management supply chain software solutions Risk Management 96

Empowering CPO

MAY 8, 2023

Next, we will delve into the steps involved in the procurement risk management process, followed by strategies for effective risk management in procurement. Effective procurement risk management entails identifying, assessing, and mitigating these risks to ensure a resilient and efficient supply chain.

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Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

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supply chain budgeting Supply chain resilience Procurement 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.

Agile and Lean Supply Chain 52

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Finale Inventory

AUGUST 28, 2024

This year, supply chain disruptions have posed significant obstacles for small business owners. From global events to the ongoing impacts of the pandemic, these challenges have forced businesses to adapt and find new strategies to navigate through uncertain times.

Agile and Lean Supply Chain 52

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

SCMDOJO

JULY 7, 2023

These challenges highlight the demanding nature of the EV manufacturing landscape and the need for innovative strategies to overcome obstacles. During the manufacturing process, Rivian encountered specific challenges, including design flaws and last-minute changes that impacted its supply chain and production efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

Arkestro

MAY 30, 2022

Ultimately, many of the findings explain the importance of predictive procurement , a strategy that will be critical to the future of health and pharma. . In the June 2020 Harvard Business Review article, “ Why Investing in Procurement Makes Organizations More Resilient ,” the pandemic’s impact on global supply chains is directly addressed.

Agile and Lean Supply Chain 52

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

HICX

MAY 12, 2023

In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. He gives an example in the area of supply chain resilience. Or, ‘how do you get real-time decision-making?’

e2e 52

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IBM Supply Chain Blog

MAY 17, 2024

Experience building strategies like these have been  used by online retailers for years. 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.

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