SCMDOJO
APRIL 11, 2025
Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.
Procurement Insights
MAY 21, 2025
I asked if these same issues existed between 2008 and 2025 and what priority they were given. This led me to ask the following question: If these same concerns keep popping up, why? Are we hearing without taking meaningful action? So, I did a little digging.
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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.
Procurement Insights
JANUARY 3, 2025
Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.
Procurement Insights
MAY 3, 2025
Ariba) was niche, and spreadsheets remained standard for supplier data and budgeting. 2007 97% Slight decline as early cloud solutions emerged, but spreadsheets dominated due to familiarity and cost. 2008 97% Financial crisis increased reliance on cost-effective tools like Excel. Google Sheets gained share in SMEs.
SCMDOJO
FEBRUARY 19, 2024
. – Administrative improvements (reduction in order processing errors, streamlining of customer service functions so that customers are no longer placed on hold, etc.) – Strategic improvements (reduced costs, etc.). – Reduced flexibility and less ability to react to new conditions and circumstances. Hoerl, R.W.,
Procurement Insights
JULY 8, 2024
From our experience at a high level, in 2024 companies budgeted for a recession. Here is a paper I wrote in 2008 – [link] These failures are not due to the technology in each of these generations. If 85% GenAI projects failed in the last 18 months, why are most companies increasing budgets in 2024 and 2025?
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