Skill Dynamics

JANUARY 9, 2025

Strong supply chain capabilities drive efficiency and develop competitiveness in an oversaturated market. Global disruptions such as COVID-19 have unearthed a wide range of vulnerabilities within international supply chains. To develop these relationships, regular communication is key.

supply chain budgeting 52

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

SCMDOJO

JUNE 27, 2024

In an era where efficiency equates to competitive advantage, the oil industry’s supply chain management plays a pivotal role in determining a company’s profitability and sustainability. What Are the Key Components of an Oil Company’s Supply Chain?

Supply Chain Efficiency 98

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

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Supplier Relationship Management: Regular performance reviews help build trust and strengthen relationships with suppliers.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

ivalua

FEBRUARY 25, 2021

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.

supply chain budgeting 221

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

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience 130

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

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

Supply chain resilience 130

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

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Jaggaer

OCTOBER 24, 2024

As procurement and supply chain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business. Suppliers play a crucial role in ensuring your business adheres to these standards. Want to take a deeper dive into supplier development?

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain software solutions 52

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. What is a Make vs Buy Analysis?

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 98

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. CIOs recognized procurements role in optimizing IT spend and driving efficiency.

Agile and Lean Supply Chain 52

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

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

IBM Supply Chain Blog

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. Generative AI, with its ability to autonomously generate solutions to complex problems, will revolutionize every aspect of the supply chain landscape.

Supply Chain Optimization 78

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 78

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. I need to ensure that supply chain ethics are closely attended to.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Skill Dynamics

FEBRUARY 4, 2025

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Strategic sourcing can also help reduce the overall risk in a given supply chain.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

SCMDOJO

JUNE 17, 2024

The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 Maintain an updated risk inventory that includes historical data, current threats, and emerging risks.

Supply Chain Efficiency 98

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

Planergy

MARCH 19, 2025

How better management in AP can give you better flexibility for cash flow management. Managing these suppliers isnt just about making purchases; it ensures smooth operations, cost savings, and quality education. However, budget restrictions and transparency requirements present challenges.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Una

APRIL 18, 2023

Mark is an experienced procurement leader with a broad area of focus including sourcing, supply management, contracts management, supplier relationship management, risk management, and inventory management.

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

ivalua

AUGUST 1, 2022

In doing so, they have improved supplier collaboration and created a greater capacity for resilience, innovation, and continuous improvement. . How do these organizations build their supplier management programs? or a contractual relationship. Why is Holistic Supplier Management important?

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Supply Chain Optimization 93

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

TYA Suite

AUGUST 6, 2024

At its core, procurement involves building and maintaining robust relationships with suppliers to ensure a seamless flow of operations. This is where supplier relationship management (SRM) plays a pivotal role. The essence of SRM lies in recognizing the interdependence between an organization and its suppliers.

Supplier relationship management 40

Supplier relationship management Suppliers Import Management 40

Procurement Leaders

DECEMBER 9, 2022

With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

SCMDOJO

APRIL 26, 2023

Job Description and Requirements ] At a glance: What is Category Management in Procurement? Category Management Software What is Category Management in Procurement? Within an organization, category managers are responsible for managing different categories of goods or services, ensuring efficiency, transparency, and visibility.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Spend Matters

NOVEMBER 14, 2024

Engagement — Between the business managers who are working with suppliers on a daily basis, including the C-suite, and the suppliers themselves. Governance — Determining which suppliers bring the most value to the business and which to prioritize.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

Spend Matters

FEBRUARY 22, 2024

With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. That alone increases efficiency,” he continued. It’s no longer good enough to focus on just one area.

Supply Chain Efficiency 111

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 111

SCMDOJO

SEPTEMBER 19, 2024

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain management 98

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

IBM Supply Chain Blog

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Jaggaer

APRIL 3, 2025

We examined some of the huge challenges that procurement will face in adopting GenAI in the coming years, with a particular focus on talent management. efficiency gap. We can add sustainability, ESG and supplier diversity to the growing list of broadened responsibilities. productivity gap in procurement and an 8.9%

Procurement 52

Procurement Supply Chain Efficiency Contract Real-time Visibility 52

Una

APRIL 13, 2023

Putting in the time and effort with the top 20% of suppliers will help you extract additional value from these relationships. Like the butcher, your strategic suppliers can offer cost-savings ideas , efficiencies, and will know and understand your needs much better than a transactional supplier.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

HICX

SEPTEMBER 11, 2023

Table of Contents What is supplier risk management? What are the benefits of supplier risk management? What is supplier risk management? It should be considered an essential part of an organization’s wider risk management strategy.

Risk management 52

Risk management Risk Suppliers Management 52

Una

MARCH 30, 2023

Reporting lines make a difference: if your function happens to report to the CFO, it’s likely that the overriding focus will be on driving savings for the organization through procurement efficiencies and spend compliance. This can involve diversifying suppliers, developing contingency plans, and implementing quality control measures.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104