Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain.

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

SCMDOJO

DECEMBER 29, 2024

In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Learn More About Evolution Of Supply Chain Management And Logistics 6.

Supply Chain Efficiency 95

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

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

Supply Chain Efficiency 244

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 244

SCMDOJO

FEBRUARY 15, 2025

Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them.

Project management 91

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

Procurement Templates

NOVEMBER 21, 2024

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g.,

Agile and Lean Supply Chain 130

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

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.

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supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 246

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

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. This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception.

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

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? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

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

ivalua

JUNE 29, 2020

We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating.

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Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Spend Matters

DECEMBER 16, 2024

Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle. In part 3 we look at the tech that can support Procurement in tariff management.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 110

Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

Supply Chain Efficiency 183

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

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR? Why is CPFR Important?

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Optimize costs without compromising supply chain continuity. 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

SCMDOJO

OCTOBER 28, 2024

Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. Supply Chain Optimization: S&OP helps identify opportunities to improve supply chain efficiency, reduce costs, and enhance customer satisfaction.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

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.

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

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. It will also help you develop a strong foundation in procurement best practices and enhance your ability to optimize costs and build strong supplier relationships. Here are 10 of their top-rated courses: 1.

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

Spend Matters

NOVEMBER 19, 2024

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. And we must remember that one cannot escape supply chain risks.

Risk 111

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 111

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Let's Talk Supply Chain

FEBRUARY 20, 2025

As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supply chain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty.

Agile and Lean Supply Chain 52

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

Skill Dynamics

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.

Supply Chain Optimization 52

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

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. Additionally, we will tell you the skills needed to be a strategic sourcing manager. .

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Strategic sourcing Strategic sourcing Sourcing Management 200

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

Procurement Tactics

DECEMBER 7, 2022

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

Supply Chain Efficiency 181

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

Spend Matters

OCTOBER 31, 2024

“Unlike many ProcureTech companies, True ValueHub was founded and is run by procurement and supply chain industry practitioners. The traditional ways of driving cost savings with multiple RFQs, e-auctions, sourcing from low-cost countries are no longer very effective. What is the road ahead for True ValueHub? “We

Real-time Visibility 120

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 120

Procurement Insights

APRIL 4, 2025

Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. While supply chain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

Let's Talk Supply Chain

FEBRUARY 24, 2025

In a world where the digital realm continues to shape the future of industries, the supply chain landscape stands at the precipice of profound conversion. As we fast forward to the horizon of 2025, the Institute for Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead.

Supply Chain Efficiency 52

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

Let's Talk Supply Chain

MARCH 24, 2025

In teh intricate web of global supply chains, resilience is the key to withstanding ‍the unpredictable challenges of today’s dynamic business landscape. representing data as nodes and relationships, companies can easily track the flow of products, identify bottlenecks, and optimize their inventory levels in real-time.

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

FEBRUARY 27, 2025

In an era of economic uncertainty and fluctuating market conditions, the service supply chain industry is bracing itself for a ‍seismic shift as double-digit inflation looms on the horizon. The impact of this economic phenomenon ‍on supply chain operations is profound ‍and multifaceted.

Supply Chain Optimization 52

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

Let's Talk Supply Chain

MARCH 7, 2025

In the volatile landscape of global trade, the specter of tariff uncertainty looms larger than ever, casting a shadow of doubt and disruption over supply chains worldwide. The fluctuating trade policies and geopolitical tensions have created a volatile environment, leading to a surge in supply chain risks.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Risk Supply chain 52

Spend Matters

DECEMBER 30, 2024

Operational: The time saved and operational excellence improved by automation of tasks, improved data analytics and process optimization (> OPEX reduction/optimization) is greater than 20%-50% of total FTE. Customer requirements on more sustainable products/services, and/or requests for supply chain transparency/due diligence.

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Supply Chain Efficiency Supply Chain Optimization Cost of ownership Procurement 111

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Follow us at @Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 130

SCMDOJO

MAY 15, 2024

Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. However, achieving these objectives requires a strategic approach and a deep understanding of dynamics within the supply chain ecosystem.

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Supply Chain Optimization Supply Chain Efficiency supply chain software solutions supply chain budgeting 98

Let's Talk Supply Chain

MARCH 24, 2025

In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. Welcome ‍to the frontline of change in the world of electronics supply chains.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

SCMDOJO

APRIL 27, 2022

Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Since this particular industry is insanely fast-paced, any problem within the supply chain can lead to a loss of sales for the business. There are countless benefits of having an optimized supply chain.

Supply chain management 138

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 138