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. They see the value proposition,” Kunnummal said.

Supply chain resilience 130

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

Arkestro

DECEMBER 26, 2024

By automating routine work, procurement professionals can focus on high-impact tasks like strategic sourcing and relationship building with key suppliers. Strategic sourcing prioritizes developing long-term, value-driven relationships with suppliers rather than just chasing the lowest price.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

SCMDOJO

FEBRUARY 15, 2025

A well-managed supply chain does not just survive crises it thrives in them. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Jaggaer

OCTOBER 24, 2024

That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success. Supplier Collaboration vs. Supplier Relationship Management What good is having the best suppliers if you can’t communicate well enough to leverage their products and skills?

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . This capability is not available in any ERP, but a best-in-class supply chain solution will provide dozens of models for you to shape your usage for the future.

supply chain budgeting 221

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

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. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

ivalua

NOVEMBER 26, 2020

Supply Chain Resilience vs Low-Cost Supply Chain. With the prospect of reshoring or nearshoring limited in scope, many organizations are pivoting their supply strategies to mitigate the impact of another disruption.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

SCMDOJO

MAY 7, 2024

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

Supply Chain Visibility 98

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

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. This allows you to tailor your learning to your particular needs.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

SCMDOJO

JUNE 28, 2024

Deep knowledge of procurement, sourcing, vendor management, and category management in different categories. Vera has delivered programs on “Supply Chain Resilience,” “Risk Management,” “Procurement Digitalization”, “Procurement Transformation”, “Category Strategies”, “SRM,” and other topics.

Supply Chain Optimization 93

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

Procurement Heads

DECEMBER 15, 2022

That could be operating model design, it could be sourcing activities, it could be supply chain support….the Many organisations have historically focused on classic screening risk management (traffic light systems across financial metrics, sanctions, etc.) the whole array of procurement subjects.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Procurement Software

APRIL 2, 2024

Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface. Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Low Cost e-Sourcing Software Let’s look at e-sourcing software first.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Arkestro

DECEMBER 12, 2022

One of the biggest challenges facing pharmaceutical procurement teams is sourcing materials in a global market that constantly shifts based on geographic factors. Shipments from a country that was the preferred source for an ingredient may be subject to tariffs that dramatically raise costs beyond planned schedules.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Arkestro

NOVEMBER 7, 2023

In this evolving climate, procurement and finance are coming together to re-think the procurement function as a strategic player driving value, especially when it comes to supplier relationship management. On the one hand, supply chain wants to keep things as stable as possible, maintaining existing relationships.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 30, 2023

Procurement is no longer just about sourcing goods and services; it’s about creating strategic alliances, driving innovation, and adding value to the organization. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Barkers Procurement

FEBRUARY 27, 2023

Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8. All of this has put inflationary pressures on the economy overall, driving costs up.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply chain Risk 52

TYA Suite

JULY 17, 2024

This strategy outlines the methods and processes for selecting suppliers, negotiating contracts, , and ensuring that procurement activities align with the organization’s overall goals and objectives. Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

World of Procurement blog

MAY 8, 2024

Proactive risk management prevents major losses. Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. Accurate demand forecasts enable effective supply chain planning.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 27, 2023

Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities. Supplier Collaboration: Fostering closer collaboration and communication with suppliers through digital platforms and portals.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40