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 98

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

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. The ongoing impact of inflation and fluctuations in materials pricing continue to have an impact, and it’s increasingly challenging to negotiate because prices are changing significantly within a short period of time.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Promoting Supply Chain Value.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 95

Una

MARCH 6, 2023

How to Market Procurement’s Value Beyond Cost Savings The Importance of Looking Beyond Cost Savings in Procurement Procurement Automation: 5 Tasks You Should be Automating Employ lean procurement principles For some organizations, getting Lean in procurement simply involves doing things faster.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Procurement Tactics

JUNE 28, 2023

Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

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. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. Reducing suppliers also helps mitigate risk throughout the supply chain.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Jaggaer

MARCH 6, 2025

These reforms and similar ones in other countries open up opportunities for public sector buyers. Strengthening Cybersecurity The rise in cyber threats has made robust security measures a non-negotiable aspect of procurement technology. Regular security updates and monitoring to prevent breaches.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

The Good Spending

JANUARY 4, 2023

Indeed, we understand that leverage item attract negotiations, while non-critical ones are about sourcing process efficiency, buying channels, etc. Won’t you be negotiating both but differently? Buyers of direct materials will empathize with the availability and quality of an item rather than the price itself.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

ivalua

JUNE 1, 2022

However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects. This process can also carry over into the supply chain where Amrest needs visibility and the full strategic payments process to identify key suppliers.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

SCMDOJO

DECEMBER 14, 2023

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. Negotiation and Contractual Agreements: Getting the Best Deal With a list of potential suppliers in hand, the sourcing agency takes on the role of a skilled negotiator. When do you need the Sourcing Agency?

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Procurement Insights

APRIL 9, 2025

Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Negotiates expedited shipping terms and adjusts production schedules across factories.

Supply Chain Efficiency 52

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

Procurement Insights

APRIL 30, 2025

THE SHORT ANSWER Procurement Insights is not a replacement for analyst firms its a complementary and sometimes disruptive mirror , helping enterprise buyers and tech vendors see past sanitized reports into what actually matters to practitioners. – Challenges rigid quadrants with more agile, narrative-driven insights.

Procurement 52

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

Procurement Insights

APRIL 9, 2025

Supplier Focus: Ramps supplier management is buyer-centric (e.g., Ramp retains an edge in agility and UX (6,500 hours saved, Forrester), while Amexs legacy brand and Nipendos depth appeal to entrenched corporates. So, why is Ramp “hidden in plain sight” in the procurement and supply chain world?

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Networking 59

TYA Suite

MAY 13, 2025

The PO serves as an official record of the transaction between the buyer and the supplier. Over time, these enhanced collaborations improve supply chain stability and can even lead to co-innovation opportunities. Is operational procurement part of the supply chain? Ready to transform your procurement operations?

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

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

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

HICX

SEPTEMBER 20, 2022

The buyer-supplier relationship dynamic. Procurement Insights’ Jon Hansen led a panel of Procurement’s top thought-leaders to discuss the buyer-supplier relationship dynamic. The changing nature of buyer-supplier relationships. Ragnar spoke about the supplier-buyer power dynamic on a macro level.

Suppliers 52

Suppliers Negotiation Buyers Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Your goal might be to transition from purely traditional buyer-supplier business arrangements, fine-tune strong supplier relationships that yield average results, or something in between.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Procurement Insights

DECEMBER 13, 2024

1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Procurement Software

APRIL 18, 2023

eAuctions are an essential alternative to traditional negotiation methods. With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. What is an eAuction?

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Jaggaer

OCTOBER 24, 2024

Moreover, driving suppliers to the brink of financial instability can lead to supply disruptions, ultimately increasing costs as buyers scramble to find alternative sources. By consolidating orders from various departments or facilities, companies can leverage economies of scale, thereby negotiating better pricing from suppliers.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Now both teams are faced with an agility and flexibility crisis.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

The Good Spending

JUNE 15, 2022

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. Modified Rebuy A buyer wants to replace or amend a product used in the organization. Therefore, negotiations will be the most suitable mode of supplier selection.

supply chain budgeting 52

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

World of Procurement blog

JANUARY 27, 2021

When I graduated college with my shiny new Supply Chain Management degree, I figured I was heading into my first job to work on supplier contract negotiations, optimizing production line output, and all of the other 'sexy' supply chain management strategy we had spent two years learning about. We all outsource.

Agile and Lean Supply Chain 52

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

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be examining closely, questioning the inefficient use of energy and resources. Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. It also simplifies how they communicate with buyers, accounts payable, update records, submit invoices, and track payments. This technology helps procurement teams be more productive and agile.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

NOVEMBER 12, 2018

Taking a holistic approach in order to achieve Inventory Turnover Breakthrough results meant that I needed to consider the End To End Supply Chain. For instance if you have the time a tremendous amount of impact on Supply Chain can be captured in the product design cycle. Price is obviously a key point of negotiation.

Inventory 61

Inventory Management Agile and Lean Supply Chain Raw materials 61

TYA Suite

MAY 3, 2025

Today, digital purchase order are part of a larger trend toward automation, integrating with accounting software, inventory systems, and analytics tools to create smarter, more efficient supply chains. A digital purchase order is an electronic document used by a buyer to request goods or services from a supplier.

Purchase orders 40

Purchase orders Purchasing Supply Chain Efficiency supply chain budgeting 40

Procurement Software

MARCH 7, 2023

Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process. Improvements to end-to-end supply chain efficiency. Negotiation of terms and conditions, without the need to imminently issue a PO as is the case in more transactional processes.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52