Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 192

Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important? Budgeting should be part of regular financial planning.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Procurement Heads

SEPTEMBER 28, 2022

“The Chancellor’s Mini Budget promised to be one that drives growth for the UK and it’s clear that the Truss administration is powering ahead with an extraordinary range of changes to boost the economy. How will this impact the procurement and supply chain interim market?

supply chain budgeting 130

supply chain budgeting Budget Supply chain Procurement 130

Skill Dynamics

MARCH 14, 2024

As the year draws to a close, organizations face the critical task of effectively utilizing their end-of-year Learning and Development budgets. The allocation of this budget is not a decision to be taken lightly, as it has a direct impact on the company’s growth, productivity, and talent development.

supply chain budgeting 96

supply chain budgeting Budget Raw materials Procurement team 96

Supply Chain Brain

OCTOBER 29, 2023

With near-term consumer demand uncertain, and high interest rates likely to continue for some time, corporate belts are tightening. So what are companies spending money on today?

supply chain budgeting 120

supply chain budgeting Budget Consumer demands Supply chain 120

ProcurePort

SEPTEMBER 8, 2022

. • Strategic procurement captures a range of activities aimed at reducing costs, minimizing the supplier base, improving communications, and handling negotiations with various stakeholders – especially vendors. The post Strategic Procurement and Supply Chain Management: What is it? Strategic procurement is a […].

Supply chain management 130

Supply chain management Supply chain management supply chain budgeting Supply chain 130

SCMDOJO

JANUARY 30, 2023

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!

Agile and Lean Supply Chain 130

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

All Things Supply Chain

JUNE 1, 2020

Higher reliability, improved performance, and reduced costs: the expected benefits of automation have made it one of the most important industrial trends. Automation in production is so widespread now that…

Logistics 291

Logistics Risk Import 291

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.

Supply Chain Efficiency 130

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

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.

supply chain software solutions 134

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 134

Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

Supply Chain Efficiency 130

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

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Supply Chain Dive

DECEMBER 13, 2023

A desire to reduce costs, lead times, political risk and emissions are just some of the reasons behind onshoring, nearshoring and friendshoring decisions.

supply chain budgeting 133

supply chain budgeting Supply chain Risk Supply 133

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Supply Chain Analytics 132

Supply Chain Analytics Supply Chain Optimization supply chain software solutions supply chain budgeting 132

Procurement Tactics

MAY 22, 2023

Additionally, we will tell you the advantages of having integrated logistics in your supply chain. Thus, this will enable you to implement it in your supply chain. Defining goals Defining your goals involves establishing clear targets for reducing costs, improving efficiency, and enhancing customer satisfaction.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? 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. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

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

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

Procurement Freelancers

NOVEMBER 24, 2024

In today’s globalized economy, businesses are constantly seeking ways to reduce costs and find high-quality… The post How Sourcing Agents Simplify Your Global Supply Chain first appeared on Procurement Blog | Procurement & Supply Chain News.

supply chain budgeting 91

supply chain budgeting Sourcing Supply chain Supply 91

IBM Supply Chain Blog

OCTOBER 19, 2023

According to Gopal Chandak, FP&A Leader at Landmark, “The consolidation of the financial budget, cost allocation methods and standardization of common records posed as major obstacles. Because of this, the budgeting process was inefficient.

Budget 91

Budget Data Change management Innovation 91

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience 130

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

Procurement Tactics

MAY 16, 2023

Thus, you will know what operational model will work better for your supply chain. A fourth-party logistics , typically known as 4PL, is an operational model where a business outsources its entire supply chain and logistics to a single external provider. 4PL: What is it?

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. And one of the most promising innovations in recent years is ChatGPT for supply chain. If you are not familiar with ChatGPT, don’t worry!

Supply Chain Optimization 126

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

Supply Chain Dive

FEBRUARY 14, 2023

With budgets tightening in an uncertain economy, experts weigh in on how companies can plan for the year ahead and stay resilient.

supply chain budgeting 135

supply chain budgeting Supply chain Budget Supply 135

SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

Supply Chain Efficiency 116

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 116

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 94

Supply Chain Brain

OCTOBER 9, 2024

Disruptions in the Red Sea are increasing pressure on supply chain leaders to navigate conflicting priorities to manage budgets and maintain customer satisfaction.

supply chain budgeting 96

supply chain budgeting Supply chain Budget Supply 96

Supply Chain Brain

MARCH 28, 2024

There has never been a greater need for reducing costs in global supply chains than right now. Here, we discuss a number of cost-cutting options available.

supply chain budgeting 90

supply chain budgeting Supply chain Supply 90

Supply Chain Brain

AUGUST 1, 2023

Companies can drive efficiencies and reduce costs by making several small changes across their supply chains. Here are five of them.

supply chain budgeting 96

supply chain budgeting Supply Chain Efficiency Supply chain Supply 96

Procurement Tactics

JUNE 19, 2023

AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. The use of AI in logistics is becoming an essential element of supply chain management as the industry becomes more complex as it is.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 97

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

Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

Supply Chain Brain

OCTOBER 30, 2024

Logistics companies will see costs rise because of the increase in minimum wage and contributions employers will need to make to the country’s National Insurance program.

Budget 115

Budget Logistics 115

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

Let's Talk Supply Chain

MARCH 8, 2024

In today’s episode of Women In Supply Chain, I’m joined by Lisa Dolan – a multi-award-winning supply chain professional, board member and speaker, dedicated to empowering women and girls across the industry. From truck drivers to CEOs, what these winners are doing matters to the future of all supply chains.

supply chain budgeting 96

supply chain budgeting Supply Chain Optimization Supply chain Supply 96

Procurement Tactics

MAY 30, 2023

They also analyze market trends and make recommendations to senior management on how to optimize procurement processes to reduce costs and increase efficiency. They are responsible for managing the procurement activities of the organization and play a critical role in the supply chain. Why Are They Important?

Management 178

Management supply chain budgeting Procurement Negotiation 178