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. Conduct a Supply Market Analysis: Use PESTEL and SWOT frameworks.
Spend Matters
MARCH 11, 2025
While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. It might even effect a decision to no longer play in a particular market.
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Jaggaer
OCTOBER 24, 2024
The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.
Jaggaer
FEBRUARY 5, 2025
It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) However, whats really missing hereneeds analysis.
Spend Matters
FEBRUARY 13, 2025
This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. The historical approach focused on reacting to operational elements, like a plant being short of potatoes, instead of demand driven supply management processes.
SCMDOJO
APRIL 26, 2023
Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.
Spend Matters
MARCH 27, 2024
So where and how is this great leveller of procurement effectiveness being used in the real world (the practical) and how is it viewed by the CPOs and heads of procurement and supply chain who are on the front line fighting the daily efficiency battle. The actual cost of doing nothing may be quite substantial.
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