SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Done well, it can become a key driver of competitive advantage.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

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. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

ivalua

MAY 30, 2023

The vision aims to transform the country into a leading economy, a hub for commercial and cultural activities, and a model for sustainable development. Procurement and supply chain teams will play a crucial role in making this vision a reality. The Saudi 2030 Vision invests in the community to drive local business growth!

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Templates

SEPTEMBER 14, 2023

In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. The Green Imperative Sustainability is no longer an option; it is an imperative.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 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. Sustainability Will Be a Top Priority for Procurement Teams in 2025 Sustainable procurement initiatives will continue to grow in importance in 2025.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Geopolitical manipulation on suppliers worldwide adds to the pressure.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Jaggaer

FEBRUARY 13, 2025

A guest post by Rose Stephani, Project Leader, Sustainability at H&Z. H&Z partners with JAGGAER to help organizations transform their ESG data into actionable sustainability outcomes. How can sustainability be inserted within this framework? The Scope 3 data insights must be aligned with actionable targets.

Leadership 52

Leadership Procurement Supply Chain Efficiency Sustainability 52

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Jaggaer

FEBRUARY 28, 2025

Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth. However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

ivalua

FEBRUARY 24, 2021

The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. Corporate Sustainability: Sawschcuk said that sustainability is an area in which Procurement can make a big impact.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Let's Talk Supply Chain

MARCH 2, 2025

This resolution brings relief to suppliers and stakeholders who were facing disruptions ‍in their operations due to the‍ strike. With the return to normalcy, here are some ‍key supply chain implications to consider: Production Ramp-Up: Boeing can now accelerate production to make up for lost time during the strike period.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

Procurement Insights

DECEMBER 3, 2024

STAKEHOLDER (AGENT) 3 What are the main concerns for suppliers meeting ESG specifications? Suppliers face several obstacles in meeting ESG (Environmental, Social, and Governance) specifications, stemming from resource limitations, regulatory complexities, and operational challenges.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.

Risk management 40

Risk management Risk Suppliers Strategy 40

SCMDOJO

MAY 2, 2024

Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience! Importance of Supply Chain Resilience Resilient supply chains are better equipped to absorb shocks, respond swiftly to disruptions, and recover more efficiently.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 98

IBM Supply Chain Blog

SEPTEMBER 20, 2021

According to Geraint John , Vice President Analyst with the Gartner Supply Chain practice, “Supply chain executives overwhelmingly recognize the necessity to make their networks more resilient and agile.” In this blog, let’s explore best practices that drive supply chain resiliency with this definition at the core.

Supply chain resilience 52

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

Let's Talk Supply Chain

MARCH 3, 2025

Focus on Sustainability: Companies are placing‍ a greater ‍emphasis on sustainable practices, such as reducing ‍carbon emissions and implementing eco-pleasant packaging solutions.

Supply Chain Optimization 52

Supply Chain Optimization Logistics Supply Chain Efficiency supply chain budgeting 52

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 93

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

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

Spend Matters

JANUARY 29, 2024

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. GHG, human rights and PFAS). This content is for members only. Visit the site and log in/register to read.

Supply Chain Efficiency 106

Supply Chain Efficiency Supply chain resilience Risk management Supply chain 106

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

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

Let's Talk Supply Chain

FEBRUARY 23, 2025

Heading 1: Supply Chain Enhancement Boosts Boeing’s 737 Production Prospects Boeing’s efforts to enhance its supply chain management are poised to revolutionize the production prospects of its 737 aircraft. The company is strategically enhancing its supply chain to meet the growing demands of the market.

Supply Chain Optimization 52

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

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. For example, today’s software can make recommendations based on past user or supplier behavior. SVM Is a $12 million Category.

supply chain software solutions 130

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

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Geopolitical manipulation on suppliers worldwide adds to the pressure.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

Procurement Insights

FEBRUARY 27, 2025

“A 2023 survey by KPMG highlights this transition, revealing that procurement leaders are now focusing on supply chain resiliency (68%), introducing new products or expanding into new markets (65%), and improving margins through cost reduction (71%). The focus is on efficiency and control.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

JULY 27, 2021

People will fall back into their old, comfortable ways and far too many will forget all about the need to embed resilience in their Supply Chains. For that reason we wonder whether the resilient Supply Chain is a passing fad or a sustainable strategy? What is a Resilient Supply Chain?

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

SCMDOJO

JUNE 14, 2024

Inventory Management: Learn best practices for optimizing inventory levels to minimize costs, improve efficiency, and ensure product availability with this supply chain training track. Supply Chain Resilience: Learn how to design and manage a supply chain that can withstand disruptions and adapt to changing circumstances.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 105

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers.

Agile and Lean Supply Chain 130

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

Procurement Heads

DECEMBER 15, 2022

Constantly flipping between classic cost savings, and surety of supply and to new subjects like sustainable procurement and being able to bring those into the organisations as priorities. The other thing over recent times is sustainable procurement, it has become more and more of a priority and is a new topic for us as professionals.

Supplier relationship management 130

Supplier relationship management Sustainability Contract management Procurement 130

Spend Matters

OCTOBER 24, 2023

This system also fosters seamless collaboration with suppliers within our extensive network. The Onventis network serves as a secure and efficient conduit, connecting the intricate business processes of both buyers and suppliers across the globe. “As This aligns with the broader trend of responsible and ethical procurement practices.

Procurement solutions 107

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 107

IBM Supply Chain Blog

JUNE 30, 2023

These healthcare industry supply chain issues are equally urgent, and each require immediate attention. The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Real-time Visibility 77

ivalua

APRIL 5, 2023

Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap. They closed with the poignant statement–Share your ideas with other people and make something new—Just think “what if”!

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130

SCMDOJO

JUNE 6, 2023

By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience. They can simulate scenarios and perform theoretical analyses that assess the potential impact of demand changes, supplier performance, and market conditions.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

HICX

SEPTEMBER 16, 2024

This underlines the importance of taking a structured approach to savings within organizations’ supply chains, in which a customized SIM platform can act as a catalyst for uncovering hidden savings and driving operational excellence. This is especially the case as supply chains become increasingly complex and digitalized.

Suppliers 52

Suppliers Management supply chain software solutions Supply Chain Efficiency 52