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 84

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 84

ivalua

FEBRUARY 25, 2021

By building a world-class operation, with supply chain resilience built-in, Baylor Scott and White’s procurement organization recouped its initial investment within a year and is on track to save $100 million over three years. . Best-in-Class Beats Single-Stack.

supply chain budgeting 221

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

SCMDOJO

JANUARY 9, 2025

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

Strategic sourcing 77

Strategic sourcing Strategic sourcing Sourcing Procurement 77

Arkestro

DECEMBER 26, 2024

E-procurement implementation creates a direct connection between the supplier and buyer, helping to optimize business-to-business (B2B) and business-to-consumer (B2C) processes like emails, data entry, invoice management, purchase orders, and bids. Subscribe to news from Arkestro.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Tactics

JUNE 7, 2023

Supplier collaboration also leads to long-term commitment as both parties recognize the value derived from collaboration. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Heads

DECEMBER 15, 2022

Definitely areas like supply chain resilience, which is a big topic at the moment; we have undertaken a lot of supply chain mapping and created a lot of real-time data and if factors were to happen, what an organisation and procurement should do to counteract them.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Procurement Heads

SEPTEMBER 14, 2022

My role has seen a shift as a result of all of the emerging risks we’ve encountered, many for the first time, I’ve seen much more focus from our executive team and the regulator on supply chain resilience, so I’ve been strengthening our capability in this area too. Where do our passions lie in the day-to-day of the role?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

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

SCMDOJO

JUNE 28, 2024

Key competencies: Direct & indirect materials Function Strategy & transformation Digitalization ESG Risk management Supplier Relationship management She is an invited lecturer and Award-Winning Speaker, nominated for ‘Best Procurement CPOs – Russia’ list.

Supply Chain Optimization 67

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 67

Procurement Insights

JANUARY 3, 2025

20202024: Procurement as a Strategic Business Partner Accelerated Evolution During the COVID-19 Pandemic : The pandemic underscored procurement’s role in ensuring supply chain resilience , managing disruptions, and navigating shortages.

Agile and Lean Supply Chain 52

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

Zycus Cognitive Procurement

JANUARY 24, 2023

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. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 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. Let’s explore two examples at Johnson & Johnson to illustrate how this can work in a real-world setting.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

Procurement Software

APRIL 2, 2024

Likely will have supplier onboarding module with some basic due diligence features or document repository. Mid-Range SRM Software You can also get pretty feature-rich, full-stack supplier relationship management (SRM) platform within this price range. Contracts module will in most cases be more than just a repository.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

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

Arkestro

DECEMBER 12, 2022

Predictive Procurement Supports Supply Chain Resilience and Visibility. Arkestro’s Predictive Procurement Orchestration platform manages all aspects of the procurement process, from real-time conversations with stakeholders and suppliers to supplier relationship management.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. Our contract management and supplier relationship management services help manage the risks associated with procurement.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

TYA Suite

JULY 17, 2024

Collaborating closely with key suppliers fosters innovation, reduces lead times, and enhances supply chain resilience. : Beyond transactional interactions, fostering partnerships based on trust, transparency, and mutual benefit yields long-term value.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

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

World of Procurement blog

MAY 8, 2024

Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms. The goal is to secure optimal sourcing arrangements with reliable suppliers who can meet production needs. Careful supplier selection and supplier relationship management are key.

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

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. These technologies can also enhance supplier relationship management by tracking performance data and flagging potential issues before they become problems.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

World of Procurement blog

MAY 8, 2024

Supplier Relationship Management Your suppliers are partners in delivering value. Focus on building collaborative relationships based on trust and transparency. Risk Management : With global supply chain disruptions, procurement is prioritizing supplier risk assessment and mitigation.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 27, 2023

Supplier Collaboration: Fostering closer collaboration and communication with suppliers through digital platforms and portals. This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring.

Real-time Visibility 40

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