Planergy

MAY 8, 2025

5] Finance Leaders Are Collaborating More Closely with Procurement: Nearly 48% of CFOs are leveraging procurement data to support broader financial strategies, from fraud detection to cost optimization. [1] 4] Organizations are not just saving time; theyre also reducing errors, improving approval cycles, and increasing compliance.

Strategy 52

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

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

Until you can leverage what it takes to succeed, most businesses today will struggle to maintain fiscal viability and relevance in the Modern Global Market. The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. Inability to execute good Business Strategies.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

DECEMBER 20, 2023

A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals. Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals.

Business strategy 69

Business strategy Strategy Leadership supply chain budgeting 69

TYA Suite

MAY 13, 2025

The procurement team reviews these requests to ensure theyre aligned with the companys budget and strategy. Typically, a manager or procurement officer will examine the request to ensure it fits within the budget and complies with company policies.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

SCMDOJO

OCTOBER 7, 2024

The Global Supply Chain is thriving with each passing day. Business profitability and customer satisfaction always go hand in hand. However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. What is Cost Efficiency?

Supply Chain Efficiency 88

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 88

Let's Talk Supply Chain

JANUARY 18, 2024

It’s a new year, and there are reasons to suggest that 2024 might be a departure from the fresh chaos that has hallmarked supply chain since the 2020’s started, or at least a de-escalation. Over the last few years, supply chain professionals have navigated an endless array of challenges.

Logistics 105

Logistics supply chain budgeting Agile and Lean Supply Chain Supply chain 105

HICX

DECEMBER 11, 2023

The effective management of supply chains is critical to business operations and by adopting newer digital solutions, organizations can benefit from improved efficiency, reduced costs and operational improvements across the supply chain as a whole.

Supply chain management 52

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

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. This is where EmpoweringCPO stands apart.

Supply Chain Optimization 52

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

Let's Talk Supply Chain

MAY 16, 2024

Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.

supply chain budgeting 96

supply chain budgeting Agile and Lean Supply Chain Supply chain Logistics 96

Let's Talk Supply Chain

NOVEMBER 30, 2023

Women in supply chain are gaining momentum in narrowing the gender gap. They now make up 41% of the supply chain workforce, an almost 40% increase from the year prior. Post-pandemic dynamics and more awareness of supply chains are empowering progress in what was once an overwhelmingly male-dominated industry.

supply chain budgeting 52

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

Let's Talk Supply Chain

OCTOBER 27, 2023

The number of women in supply chain is still rising, increasing 3 to 5% annually, now making up 41% of the industry. This decade has brought a greater understanding and awareness of how supply chains impact communities globally. The recently overwhelmingly male-dominated industry is shifting and evolving.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Procurement and Sustainability are your business’ Yin and Yang. At the crossroads of sustainability, technology, and the broader supplier base lies smart, sustainable, and scaling supply chain growth; growth that comes with a balance of people, planet, and profitability in mind.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The longer-term impacts.

supply chain budgeting 52

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

The Good Spending

AUGUST 23, 2022

The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. Cost avoidance Future years. Any savings attributable to the future periods beyond the current fiscal year is treated as cost avoidance because future P&L will account for it.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Arkestro

FEBRUARY 25, 2025

Organizations across the globe are rethinking their procurement practices and policies, recognizing that ethical procurement isnt just about following trends; its about building a more inclusive, efficient, and equitable supply chain. While this represents a substantial investment, the benefits are undeniable.

Sustainability 52

Sustainability Supply Chain Efficiency supply chain budgeting Ethics 52

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 76

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 76

Pipefy

JANUARY 30, 2024

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence.

Agile and Lean Supply Chain 52

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

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. Among those executives in finance, the percentage rose to 67%.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Empowering CPO

JULY 16, 2023

Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

IBM Supply Chain Blog

JANUARY 15, 2024

Emphasizing ‘Lean Processes’ as a foundational initiative in the company’s 2023 plan, the objective is to enhance overall process management capabilities by constructing specific process-related methodologies, systems, and tools.

Innovation 66

Innovation e2e Data Quality 66

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Finale Inventory

SEPTEMBER 25, 2024

Adopting EOQ as part of your overall inventory strategy can lead to improved customer satisfaction, increased profitability, and a more streamlined supply chain. It allows you to respond quickly to market fluctuations and maintain a lean, agile inventory management system that adapts to changing demand patterns.

Quantity 52

Quantity Inventory Supply Chain Optimization Demand 52

Empowering CPO

JULY 16, 2023

Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Finale Inventory

JULY 15, 2024

By allocating resources effectively, ecommerce businesses can maintain agility and responsiveness in a competitive market. Key Components of Inventory Turnover Ratio The inventory turnover ratio is calculated using two primary components: the cost of goods sold (COGS) and the average inventory.

Inventory 52

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

Jaggaer

OCTOBER 8, 2019

With budgets not growing at an adequate pace, or even shrinking, procurement cannot deliver the value that digital transformation promises. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) This is precisely the approach that JAGGAER has adopted with the launch of JAGGAER ONE.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. Far more businesses have quickly adapted to online models and remote work than anyone expected. But amid what seem to be perpetual shake-ups, there is good news.

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

Empowering CPO

JUNE 14, 2023

Introduction Welcome to the dynamic world of procurement, where businesses are constantly seeking innovative ways to manage their supply chains more efficiently and effectively. One strategy that has captured considerable attention is procurement outsourcing.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Real-time Visibility 52

Empowering CPO

JULY 3, 2023

The Need for Innovation in Procurement The procurement sector, like most business areas, has been undergoing a significant transformation in recent years. As globalization accelerates and supply chains become increasingly complex, procurement’s role has expanded from a mere transactional function to a strategic one.

Innovation 52

Innovation Strategy Procurement Management 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Some key strategies include: 1. Some of the key benefits include: 1. Implement Centralized Procurement A.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Supply Chain Game Changer

AUGUST 13, 2020

Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Is COVID19 the death of Global Supply Chains? Subscribe Here! Email Address.

Agile and Lean Supply Chain 122

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 122

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Predictive Management Utilization: Utilize predictive management techniques to optimize resource utilization, cut costs, and minimize the time required for issue resolution.

Supply Chain Efficiency 86

Supply Chain Efficiency Inventory control Management supply chain budgeting 86

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Let's Talk Supply Chain

DECEMBER 19, 2024

In the last Women In Supply Chain blog of the year, we want to take a look at what next year has to offer for industry trends and growth. So, expect to see a serious evolution in sustainability and circular supply chains demanded by consumers and some governmental institutions alike. Theres a lot.

supply chain budgeting 98

supply chain budgeting Agile and Lean Supply Chain Supply chain e2e 98

Let's Talk Supply Chain

NOVEMBER 26, 2024

As we look back at supply chain management over the last year—whether you’re in logistics or manufacturing—there are signs of progress we can all be thankful for. The COVID-19 pandemic sent shockwaves across supply chains , highlighting regional dependencies and labor shortages.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply Chain Optimization 52