ProcurePort

APRIL 7, 2021

What is direct sourcing in recruiting and how does it affect your procurement efforts? When it comes to purchasing and supply chain management, sourcing plays a pivotal role. Sourcing is a key component of procurement. There are two types of sourcing […]. appeared first on ProcurePort Blog.

Sourcing 130

Sourcing Supply chain management Supply chain management Purchasing 130

SCMDOJO

DECEMBER 29, 2024

25 Essential Procurement Interview Questions and Their Answers This supply chain article outlines essential procurement interview questions, focusing on technical knowledge, behavioral skills, and problem-solving abilities. BoxFox Liquidation.com 360 Components J2 Sourcing Gain More Knowledge About Liquidate Inventory 4.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

ProcurePort

JULY 27, 2022

• Strategic sourcing is a practice in procurement that seeks to utilize a single, integrated process for purchasing and supply chain management. So, as opposed to sourcing which is the actual […]. So, as opposed to sourcing which is the actual […].

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

SCMDOJO

APRIL 29, 2024

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. Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation.

Supply chain management 98

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

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. provide source]. Is it to protect the company’s brand?

Sourcing 130

Sourcing Ethics Sustainability Buyers 130

SCMDOJO

DECEMBER 29, 2024

Head over to the course to be a pro at production and operations management. Mastering Supply Chain Management – A Comprehensive Introduction This foundational course by Paul Denneman is FREE. It covers KPI selection, data analysis, and performance improvement strategies.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

SCMDOJO

NOVEMBER 28, 2023

Supply chain management is one of the popular courses in today’s world and the education system. Pursuing a degree in supply chain management requires utmost dedication and adequate finances to cater for tuition, accommodation, stationery, and other important necessities for a smooth school life.

Supply chain management 105

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 105

ivalua

JANUARY 8, 2023

In compliance with the Act, companies are required to implement a supply chain management system that adequately identifies and mitigates risks, conducts reporting and creates remediation mechanisms. These organizations must also conduct regular supply chain audits to ensure sustainable and responsible operating measures. .

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Procurement Freelancers

OCTOBER 18, 2023

Businesses encounter various problems and uncertainties in the complex and changing terrain of contemporary supply… The post Why Supplier Sourcing Solutions Are Essential for Modern Supply Chain Management? first appeared on Procurement Blog | Procurement & Supply Chain News.

Supply chain management 76

Supply chain management Supply chain management Sourcing Supply chain 76

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Look no further!

Supply chain management 98

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 98

SCMDOJO

OCTOBER 30, 2024

Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

SCMDOJO

JANUARY 17, 2024

A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. That is to say, there isn’t one single career in supply chain management.

Supply chain management 98

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

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. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Supply Chain Efficiency 98

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

Una

NOVEMBER 1, 2022

Benefits of Strategic Sourcing and Best Practices. In doing so, procurement professionals are ascending the corporate stairs to have a more visible seat in their business’s strategic sourcing. Strategic sourcing best practices. Here are four best practices for strategic sourcing: 1. Strategic sourcing is similar.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 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

Let's Talk Supply Chain

FEBRUARY 24, 2025

Brace yourselves as we unravel the mysteries, challenges, and innovations that will define the supply chain of the future. from artificial intelligence to sustainability, behold a glimpse into what’s in‍ store for the dynamic world of supply chain management in the year 2025.

Supply Chain Efficiency 52

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

Let's Talk Supply Chain

FEBRUARY 20, 2025

By collaborating with global partners across various regions, Mattel aims to bolster its resilient supply chain management and mitigate the impact of tariffs on its operations. Furthermore, Mattel has focused on enhancing operational efficiency and cost-effectiveness by optimizing its supply chain management processes.

Agile and Lean Supply Chain 52

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

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

SCMDOJO

FEBRUARY 16, 2025

This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Supply Chain Efficiency 59

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 59

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Spend Matters

JULY 25, 2022

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

Spend management 98

Spend management Supply chain management Supply Chain Optimization Supply chain management 98

Procurement Tactics

SEPTEMBER 13, 2022

Supply chain sustainability is defined as the efforts of companies to consider the environmental and social impact of their products through the supply chain. . From raw materials sourcing to production, storage, and delivery, it monitors if these processes may cause harm to the environment and communities. .

Supply Chain Efficiency 183

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

Supply Chain Brain

JULY 14, 2022

The emergence of e-commerce for ordering parts has made the experience as easy as buying a book or toaster on Amazon.com, enabling supply chain managers, product designers, engineers and others to carry out the process quickly and on demand.

Sourcing 105

Sourcing Supply chain management Supply chain management Supply chain 105

SCMDOJO

MAY 27, 2023

Even if we take a quick look at the current supply chain management challenges like digital transformation and demanding forecasting evaluation, it becomes obvious that learning a new language is essential. Why Learning a New Language Can Benefit Your Career in Supply Chain Management – Global Market Analysis.

Supply chain management 86

Supply chain management Supply chain management Agile and Lean Supply Chain Supply chain 86

Spend Matters

MARCH 16, 2023

An S2P suite automates spend/supply management processes primarily in procurement, accounts payable and inbound supply chain management, but also other areas within Legal (e.g., contract management), Finance (e.g, working capital management, treasury and FP&A), R&D (e.g.,

Supply Chain Optimization 96

Supply Chain Optimization Sourcing supply chain software solutions Procurement strategies 96

Let's Talk Supply Chain

MARCH 3, 2025

In a dynamic world where innovation is the‍ key to success, Walmart stands at the forefront of cutting-edge supply chain management. By forging new partnerships and embracing transformative technologies, walmart is revolutionizing the way goods are sourced, transported, and delivered.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What is the benefit of using a single source to pay solution? They both do the same thing, or do they?

supply chain budgeting 221

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

ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Procurement Tactics

DECEMBER 7, 2022

For this article, we will tackle what a financial supply chain is. We will tell you how it works and how you can manage it. Additionally, we will discuss the three processes of financial supply chain management. After reading this article, you will be able to grasp fully what a financial supply chain is.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

SCMDOJO

FEBRUARY 21, 2025

Procurement leaders, Chief Procurement Officers (CPOs), and Supply Chain Managers must proactively build resilience into their procurement processes to safeguard operations. Cybersecurity Threats: Data breaches affecting procurement contracts and vendor management. Increased costs due to emergency sourcing.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Let's Talk Supply Chain

MARCH 2, 2025

In a whirlwind of developments in the world‍ of supply chain management, the latest headlines are buzzing with the news of boeing machinists bringing an end to thier strike. Alongside this, the Institute ‍for Supply Management has also made waves with their latest updates.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

ivalua

APRIL 23, 2020

The overall theme is the “Journey to Procurement Excellence”, focusing on how Procurement can deliver value through supplier collaboration, supplier risk management and more advanced strategies and capabilities to deal with Procurement and supply chain management risks and challenges – while not forgetting cost and operational perspectives.

supply chain software solutions 46

supply chain software solutions Supply chain Procurement Supply 46

Let's Talk Supply Chain

MARCH 7, 2025

The fluctuating trade policies and geopolitical tensions have created a volatile environment, leading to a surge in supply chain risks. This uncertainty has‍ prompted companies ‍to reevaluate their sourcing strategies, optimize inventory management, and explore alternative transportation routes.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Risk Supply chain 52

SCMDOJO

JULY 29, 2022

Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Bowersox, Supply Chain Logistics Management. Bixby Cooper , 166; Lysons, Procurement & Supply Chain Management, 9th Ed. , Lysons, Procurement & Supply Chain Management, 9th Ed. ,

Quantity 131

Quantity Supply chain management Supply chain management Supply Chain Efficiency 131

ivalua

APRIL 15, 2020

The President and CEO of the Sourcing Industry Group (SIG) , Dawn Tiura, on need for leadership in uncertain times, including what is needed from leaders to help their people and organizations adapt and thrive both in the current COVID-19 crisis and beyond.

Procurement 43

Procurement Innovation Supply chain Spend management 43

Procurement Tactics

AUGUST 25, 2022

Thereby making him the world’s most sought-after purchasing and supply chain management author, speaker, consultant, and trainer. He has 18 years of experience with Intel Corp, holding responsibility for more than $1 billion in annual expenditures as purchasing executive and managing Intel’s global purchasing operations.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231