Procurement Insights

JANUARY 22, 2024

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. Are you optimizing your negotiations amidst all of the chaos? So, I put the following search term into Google, “optimizing your negotiations amidst all of the chaos?

Supply Chain Optimization 81

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 81

Procurement Insights

FEBRUARY 24, 2025

My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern Supply Chain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., Monte Carlo) used to determine supply chain optimization.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Import Procurement 52

Procurement Insights

APRIL 5, 2025

7 ProPurchaser 2008 Started in 2008, newer but focused on negotiation tools. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supply chain analytics. 4 Zycus 1998 Founded in 1998, a veteran in cognitive procurement solutions.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

Procurement Insights

JANUARY 3, 2025

Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CIOs recognized procurements role in optimizing IT spend and driving efficiency.

Agile and Lean Supply Chain 52

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

Procurement Insights

JANUARY 22, 2025

The core principle of TOC is that every system has at least one constraint that determines its overall output, and by optimizing that constraint, significant improvements can be achieved. Example: If a slow approval process is the constraint in procurement, optimizing workflows, reducing paperwork, or automating approvals can help.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Project management Suppliers 52

Supply Chain Opz

JULY 7, 2013

Rubio and Chamorro 2008 explains about the current state of reverse logistics research in their paper " Characteristics of the research on reverse logistics (1995–2005) " that major research stream is, - Development of math algorithm in a production planning and design of optimal reverse logistics network. Discussion.

Logistics 90

Logistics Supply Chain Optimization Supply chain management Supply chain management 90

Procurement Insights

SEPTEMBER 30, 2023

In reality, however, we operate in a world in which synchronization between diverse (and now global) stakeholders have to exchange and quantify disparate data on a real-time basis, and therefore, the term supply practice would be a more appropriate description. I will also include the link to the original post to provide greater context.

Supply Chain Optimization 56

Supply Chain Optimization supply chain software solutions Quantity Supply chain 56

Supply Chain Game Changer

FEBRUARY 18, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer.

Leadership 77

Leadership Supply Chain Optimization Logistics Supply chain management 77

SCMDOJO

FEBRUARY 19, 2024

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – JIT deliveries cause congestion in the supply chain which leads to delays, pollution, shortage of workers, etc.

Agile and Lean Supply Chain 98

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

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Cost Management and Efficiency Optimization 5.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

SCMDOJO

FEBRUARY 29, 2024

Managing and optimizing a supplier’s performance is as essential as it is difficult. Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. Price isn’t everything. How is it possible?

Suppliers 76

Suppliers Management Quality Import 76

Supply Chain Game Changer

JANUARY 29, 2020

Subscribe to Supply Chain Game Changer. Duration of disruption may last around for 3 years down the line but alternative scenarios range from one to five years, Disruption still underway if HSFO-LSFO spread incentivizes previously uneconomic refinery optimization. Subscribe Here! Email Address. & Why now? m/m of Sulphur cap.

Agile and Lean Supply Chain 67

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

Supply Chain Game Changer

NOVEMBER 24, 2018

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action ” Interview series at Supply Chain Game Changer. Email Address. Climate change, environment and sustainability.

Leadership 53

Leadership Supply Chain Optimization Supply chain Cost of ownership 53

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

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. The tight margins and the need to optimize costs in these fields led to a more structured approach to procurement departments and more relevance in their organizations.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Jaggaer

OCTOBER 22, 2020

Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Brain

JANUARY 15, 2018

Van Gundy believes the corporate landscape is different from what it was in the early 2000s and during the Great Recession of 2007-2008. So even those who say they will invest the money wisely might be unable to fully follow through on their plans. The mindset has changed a little bit,” he says.

Consumer demands 40

Consumer demands Demand Inventory Risk 40

Procurement Insights

FEBRUARY 22, 2025

April 1st, 2008) There is more to e-procurement than software! Part 1) (September 12th, 2007) First Procurement Insights article on the Agent-Based Model – Is There a Poor Herbie Anywhere in the Oracle SCM Area?

Chief Procurement Officer 83

Chief Procurement Officer supply chain software solutions Supply Chain Optimization Influencing 83

Procurement Insights

MAY 28, 2025

In 2025, it marks the successful integration of the Similarity Heuristic, Iterative Model, and Semantic Layer, elevating procurement and supply chain practices to a new level. Iterative Model A problem-solving framework that relies on repeating cycles of planning, testing, evaluating, and refining until an optimal result is achieved.

Agile and Lean Supply Chain 52

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

Procurement Insights

MAY 31, 2025

Patterns repeat , especially when traced across supply chains, political risk, economic policy, and procurement cycles. Why / Why Not COVID-19 Pandemic (2020) Partially Predictable (Gray Swan) SARS, MERS, and H1N1 had already exposed vulnerabilities in global health supply chains and just-in-time logistics.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply chain 52