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Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models.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.

Agile and Lean Supply Chain 52

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

ivalua

FEBRUARY 8, 2023

Below, we list 8 steps that manufacturers can take to build a more resilient supply chain in a post-covid world. Work to achieve 100% supply chain visibility. Why is visibility so important? Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. Keelvar Keelvar specializes in autonomous procurement and supplier negotiations, making sourcing more efficient and cost-effective.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 72

Let's Talk Supply Chain

MARCH 2, 2025

Additionally, the Institute for Supply Management ‍(ISM) news highlighted the growing focus on sustainability and ethical sourcing within supply chains. Embracing environmentally friendly practices and promoting ethical ‍sourcing are becoming essential components of a modern supply chain strategy.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

Una

FEBRUARY 19, 2024

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses?

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility Supply Chain Optimization Supply chain 52

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

Procurement Insights

DECEMBER 3, 2024

QUESTIONS TO CONSIDER : When developing an ESG strategy, how many companies consider the alignment of the following stakeholder (agent) interests regarding priorities, challenges, and desired outcomes? When should you introduce technology into your ESG strategy process – before or after addressing questions 1 and 2?

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

Jaggaer

OCTOBER 24, 2024

Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining supplier capacity in a high-risk category, supplier collaboration works to your advantage. Analytics also help you better evaluate potential suppliers, pinpoint cost-saving opportunities, and strengthen future sourcing strategies.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Businesses are either pausing staffing efforts or ramping up talent acquisition strategies depending on the industry. Inflation will Continue to rise in 2022. More on that here.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

ivalua

FEBRUARY 24, 2021

The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. For many organizations risk has become not only an executive committee issue, but a board-level discussion,” he said.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Spend Matters

JANUARY 30, 2023

Categories: Procurement Strategy & Planning , Supply Chain Visibility Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Portcast and its solution for cargo tracking. The modern supply chain is convoluted. It ends with tech selection tips and key analyst takeaways.

Real-time Visibility 98

Real-time Visibility Supply Chain Visibility Supply chain Procurement strategies 98

Let's Talk Supply Chain

FEBRUARY 25, 2025

Strategic reconsideration of supply chain routes and partners. Strategies for mitigating financial risks The recent imposition of US ‍port‍ charges on China vessels has further exacerbated the existing supply chain uncertainty in the global economy.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategic planning 52

Procurement Software

JANUARY 26, 2025

You can have awesome technology, but with a lack of mandate, dirty data, and a poor internal communication strategy, you could still fail. Or, maybe youre suffering from Cinderella complex: not bold enough to demand an upgrade to the outdated, clunky, legacy Source-to-Pay suite interfaces that suppliers and stakeholders havent really adopted.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52

Supply Chain Game Changer

NOVEMBER 26, 2018

So do you have a strategy for managing Freight and Logistics or are you spinning your wheels? Cost is a very important reason to ensure that you have a robust Freight Management strategy. Supply chain visibility is also incredibly important these days. So what is your Freight Management strategy?

Strategy 68

Strategy Management Real-time Visibility e2e 68

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.

Real-time Visibility 52

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

Spend Matters

SEPTEMBER 26, 2023

The point Kraljic made those decades ago was that the stability businesses once enjoyed had ended and now they needed a new strategy to address the constant threat of supply interruptions and the opportunities presented by new technologies.

Purchasing 114

Purchasing Supply management Management Supply Chain Efficiency 114

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Supply Chain Game Changer

OCTOBER 20, 2020

Supply Chain Should Lead the Boardroom … the Coronavirus Proves it! Supply Chain Visibility Has Never Been More Important! Supply Chain Visibility Has Never Been More Important! Strategic National Stockpiles and Sourcing for the National Interest! The Mask Supply Chain!

Import 70

Import Supply Chain Visibility Supply chain Sourcing 70

ivalua

JUNE 1, 2022

As we continue to adjust to new business cycles, 2022 offers an opportunity to learn how to incorporate lessons learned from 2020 to establish a new supply chain and customer experience strategy. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply chain resilience 130

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

Procurement Tactics

AUGUST 23, 2022

Enhancing strategic sourcing through data analysis. Contract management solutions can help improve contract efficiency, and allow better supply chain visibility and management of obligations. Very useful course, many actionable strategies". Improving supplier relationship management through data transparency. .

Contract management 130

Contract management Contract supply chain software solutions Management 130

Supply Chain Game Changer

OCTOBER 6, 2020

Many companies were caught flat-footed if any part of their Supply Chain depended on the supply of goods from China, or any other country for that matter. There were calls to domestically source materials, or to establish Parallel Supply Chains. Supply Chain Priorities for the Second Wave.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

SCMDOJO

JUNE 17, 2024

Building Resilience in the Supply Chain Risk Assessment and Mitigation To build resilience, start with comprehensive risk assessments to identify potential vulnerabilities. Risk Control and Mitigation Plans: Create and execute control strategies to lessen the effects of risks that are high on the priority list.

Supply Chain Efficiency 98

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

ivalua

MARCH 16, 2021

Having already done the work to build resilience into its supply chain strategy, Navistar’s procurement organization was better prepared than most to weather the Covid-19 crisis. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply chain resilience 130

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

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

SCMDOJO

JANUARY 30, 2023

He is not primarily known for his work as a supply chain professional. Still, during his tenure at Ford, he is credited with implementing new logistics and supply chain management strategies, including consolidating suppliers, streamlining production processes, and improving inventory management.

Agile and Lean Supply Chain 130

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

Supply Chain Game Changer

AUGUST 3, 2021

Companies historically have excelled and differentiated themselves because of their R&D capabilities, their products, and their go to market strategy. Supply Chain leaders haven’t risen above their station. This will be the central operational strategy for all companies in the future.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Supply Chain Game Changer

SEPTEMBER 17, 2020

As reported by Jeff Berman of Supply Chain 24/7 , “[up to] 70% of B2C companies and 60% of B2C companies are focused on the full implementation of their respective ecommerce supply chain strategies, with 70% of total respondents viewing ecommerce at ‘very important’ or ‘extremely important,’ as it relates to volume and revenue.”.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

Una

OCTOBER 17, 2023

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Frank Kenney. Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Here’s why: 1.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Agile and Lean Supply Chain 109

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

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. Source: PPAI Sales Volume Study Summary. Single source.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Supply Chain Game Changer

OCTOBER 28, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. It’s no secret anymore… we know that better tier-visibility starts with a better means to collaborate, communicate & govern tier-1 suppliers.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Strategic Sourceror

FEBRUARY 3, 2023

Some of the key advantages that visibility solutions bring include: Less risk According to McKinsey, organizations that have implemented digital dashboards for their supply chain visibility needs were twice as likely to have avoided the supply chain issues that plagued the industry in the early months of 2022.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

Let's Talk Supply Chain

OCTOBER 3, 2022

SEKO provides complete supply chain solutions, specializing in transportation, logistics, forwarding and warehousing. Powered by their innovative and customizable IT solutions, SEKO provide a seamless flow of information, giving their ever-growing customer base true supply chain visibility.

Demand 52

Demand Real-time Visibility Agile and Lean Supply Chain Supply Chain Visibility 52

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Cost Management: Budgeting and tracking expenses related to procurement.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Cost Management: Budgeting and tracking expenses related to procurement.

Supply Chain Efficiency 52

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