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. Focus on digital transformation and adopt procurement technology.

Supply chain resilience 130

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

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. Supply Chain of fashion industry involves a time based competition.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

TYA Suite

NOVEMBER 25, 2024

What is strategic sourcing and how does it work? Strategic sourcing is a method used by businesses to buy goods and services in a way that focuses on long-term value, not just short-term savings. Strategic is about building strong, lasting relationships with suppliers that deliver the best overall value.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 40

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

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

Strategic Sourceror

JANUARY 20, 2023

Not only do robot palletizers drastically enhance processing efficiencies and improve production speeds, they also reduce the incidence of human error for better quality outcomes. Warehouse management software could help companies transform their central tasks and processes. Brought to you by the StrategicSourceror.

supply chain budgeting 104

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 104

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? Spend analysis is the catalyst for strategic sourcing.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

DECEMBER 14, 2023

READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO! The Inner Workings of a Sourcing Agency: 1. Client Consultation: Understanding Needs The journey begins with a detailed consultation between the sourcing agency and the client.

Sourcing 104

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

Arkestro

JULY 30, 2024

Resources / Blog / Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain The automotive industry has always been at the forefront of implementing innovative production methods to meet consumer demands efficiently.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. This directly impacts the cost of raw materials, production inputs, and other expenses involved in the procurement process.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Empowering CPO

JUNE 20, 2023

Introduction In an era defined by data-driven decision-making, Spend Analysis has emerged as a game-changer, steering businesses towards more strategic, efficient, and cost-effective operations. When applied to Supply Chain Management, Spend Analysis serves as an invaluable tool.

Supply chain management 40

Supply chain management Supply chain management supply chain budgeting Supply Chain Efficiency 40

Skill Dynamics

JUNE 26, 2024

We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive. The global supply chain management market size is projected to hit around USD 72.1 billion by 2032.

Supply Chain Efficiency 52

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

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 13, 2018

As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? The fundamental objective of any organisation is lowering the cost of goods manufactured. A Paradigm Shift in the Procurement Function.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Procurement Express

DECEMBER 31, 2024

Understanding these categories is the first step toward better visibility, smarter procurement processes, and tighter budget control. When you’re comparing direct and indirect spend, half the battle comes down to managing changes in the supply chain. Create vendor and supplier expense management policies.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

World of Procurement blog

APRIL 23, 2024

Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role. Who is a Procurement Manager? A procurement manager, also known as a purchasing manager, plays a vital role in a company's supply chain management.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role. Who is a Procurement Manager? A procurement manager, also known as a purchasing manager, plays a vital role in a company's supply chain management.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

Supply Chain Collaborator

MAY 23, 2018

Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Reduce Carrier Overcharges via Better Settlement Controls. What the hell is going on over there in transportation?!”

Supply Chain Efficiency 17

Supply Chain Efficiency supply chain budgeting Freight Audit Logistics 17

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Una

JANUARY 4, 2023

In addition to negotiating discounts, group purchasing organizations may also provide other services such as supply chain management , procurement consulting, and logistics support. Overall, GPOs can help businesses streamline their purchasing process, reduce costs, and access a wider range of products and services.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

Una

JULY 25, 2023

This article explores the importance of monitoring supplier KPIs and why having them in place is key for reducing costs and improving your bottom line. This article defines the difference between strategic sourcing and category management and shows how the two concepts work together to drive cost savings and value in procurement.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Supply Chain Collaborator

MAY 23, 2018

Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Reduce Carrier Overcharges via Better Settlement Controls. What the hell is going on over there in transportation?!”

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Freight Audit Logistics 74

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Negotiates cost-effective contracts with suppliers while following organizational policies and guidelines.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 61

Leadership Strategy Supply Chain Efficiency supply chain software solutions 61

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. SourceDay’s unique selling point lies in its revolutionary approach to automating supply chain communications. And stepping up, they indeed are.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Planergy

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. It can work for basic things like office supplies you don’t often need. Download Free Copy. Written by.

Supplier consolidation 52

Supplier consolidation Risk Suppliers supply chain budgeting 52

Una

FEBRUARY 12, 2024

In this playbook, we’ll seek to understand the factors fueling the rising costs of food procurement and examine the typical food procurement process businesses and other organizations may use. DOWNLOAD PLAYBOOK Why Do Food Costs Keep Rising? Anyone who tells you that managing this category is easy has probably never tried to do so.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement Supply Chain Optimization 52

Planergy

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Additionally, since it requires minimal effort and resources compared to other cost analysis methods, it has become a popular choice among many businesses looking for ways to optimize their budgeting process.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 24, 2018

Those same companies, out of necessity, became more sophisticated and implemented Strategic Sourcing and Category Management, delivering substantial savings to their companies bottom line and even help capture innovation. So, what can these small and medium sized business’s do without breaking the budget?

Procurement 51

Procurement supply chain budgeting Contract Competitive bidding 51

Procurement Software

JULY 9, 2024

Procurement tools for direct spend need to be tailored to work with your supply chain, quality and production teams. Indirect procurement software, however, centres around purchase order management , expense tracking, and vendor management for non-production items.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Supply Chain Game Changer

FEBRUARY 5, 2020

Subscribe to Supply Chain Game Changer. Too often companies will underestimate the leadership and experience needed to lead and manage a successful Procurement Transformation. They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. Subscribe Here! Infographic).

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70

Planergy

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You set the budget and deliverables, then work with various freelancers with a test assignment. Wasted Spend Without adequate supply chain management , organizations risk wasting a lot of money.

Management 52

Management Procurement supply chain budgeting Budget 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Further analyzing that spend can help you determine opportunities for implementing cost savings practices like supplier consolidation, strategic sourcing , and standardization. Subscribe Here!

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

supply chain budgeting 52

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

Planergy

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Creating Strategic Partnerships. As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. Download Free Copy. Tier 1 Suppliers.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Pipefy

JANUARY 5, 2023

But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management. The key difference here is that the procurement team becomes more of a strategic partner for the business, and less of a fulfillment center that handles purchase orders and requisitions.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52