World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Procurement Insights

APRIL 9, 2025

Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Agent-Based Solution : AI agents analyze historical and real-time data to predict risks (e.g., Impact : Lowers supply chain disruption risks by 3040% , ensuring smoother implementations.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

SEPTEMBER 17, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Email Address.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Let's Talk Supply Chain

NOVEMBER 9, 2023

 Last week on episode three of our WiseTech Global mini-series, we tackled one of supply chains most difficult, yet most important, topics – risk. One of the many lessons that the pandemic taught us was the importance of ensuring that robust risk management is incorporated into our supply chain strategies.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Change management 52

Supply Chain Game Changer

NOVEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Journey : Step 1 – The Vision! Getting anything done requires resources and management. Getting change to happen requires that plus leadership, drive and conviction. We do not mean Change Management. Subscribe Here!

Leadership 52

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

Procurement Insights

APRIL 30, 2025

– Challenges rigid quadrants with more agile, narrative-driven insights. Example Contribution: A Procurement Insights webinar on P2P user adoption challenges could provide Ardent with data to refine its Provider Strength scores, highlighting vendors with strong change management.

Procurement 52

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

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Sometimes, digitalization requires change management, process shifts, and organizational restructuring. SpendMatters Supply Chain Dive Supply Chain Digital Art of Procurement (Podcast).

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Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Zycus Cognitive Procurement

JANUARY 24, 2023

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Still, 50-67% of the companies failed to change their risk management standards.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Supply Chain Game Changer

NOVEMBER 7, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? The important difference between the two is that digitalizing a procurement ecosystem means that one looks to implement digital technology as a means to change, evolve or revolutionize the procurement process, or function. Subscribe Here!

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Procurement Innovation Sourcing 55

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

World of Procurement blog

MAY 23, 2024

To mitigate supply chain risks and improve business continuity by reducing dependence on many small suppliers. Working closely with fewer suppliers also enhances supply chain transparency and resilience. Seek flexible suppliers that can easily scale up or down as your requirements change.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Jaggaer

OCTOBER 22, 2020

“Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

World of Procurement blog

MAY 8, 2024

Procurement Best Practices To maximize the value of procurement, organizations should follow certain best practices around ethics, sustainability, risk management, and cost savings. Conduct supply chain audits and due diligence on high-risk categories. Dual sourcing and supply chain digitization can help.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

AI-optimized Supplier Onboarding and Management systems utilize flexible registration rules, key performance indicators (KPl)-driven assessments, and Al-driven data analysis, which foster strategic collaboration and relationships with suppliers.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Zycus Cognitive Procurement

JULY 29, 2021

How green procurement practices and robust supplier risk management can help organizations build superior brand equity and drive significant business outcomes. Keeping up with risks: . Procurement now needs to factor in risks more than ever and deliver more excellent business value with limited resources.

Sustainability 40

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

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Market volatility, globalization, and changing customer expectations have made procurement more complex than ever before.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Empowering CPO

JUNE 22, 2023

Spend analysis, a cornerstone of procurement and supply chain management, is the process of collecting, cleansing, classifying, and analyzing expenditure data with the goal of reducing procurement costs, improving efficiency, and monitoring compliance. But how do we fuel the engine of strategic sourcing?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

OCTOBER 9, 2023

DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity. Risk Management Strategic sourcing assesses and mitigates risks associated with suppliers, market volatility, and geopolitical factors.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Pipefy

AUGUST 15, 2024

Large organizations use it to achieve significant improvements in their business processes, resulting in higher operational efficiency, greater profitability and increased business agility. Risk management Enterprise AI can mitigate risk in a number of key areas, such as predicting the probability of a borrower defaulting on a loan.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Data Ethics 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

TYA Suite

NOVEMBER 5, 2024

In recent years, artificial intelligence (AI) in procurement has emerged as a game-changer, redefining how organizations manage their supply chains, purchasing decisions, and. This proactive risk management helps organizations maintain smooth operations and avoid costly disruptions.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Procurement team supply chain budgeting 40

Procurement Software

JANUARY 16, 2024

Very process-oriented and not agile or malleable at all. But they also fail because of lack of talent, lack of budget and lack of effective change management. Why not mix seasoned Procurement Managers with Cross-Functional Moves? Too many of them though, and you risk having an “identikit” procurement department.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Empowering CPO

JUNE 27, 2023

Agility and Adaptability: Digital transformation equips organizations with the agility and adaptability required to respond to changing market dynamics and evolving customer needs. By detecting and mitigating risks in real-time, digital spend analysis contributes to stronger governance and risk management practices.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Supply Chain Game Changer

OCTOBER 5, 2021

Subscribe to Supply Chain Game Changer. The company I was working for had hired a Change Management consultant to help change the company culture and position us for making transformational changes and move beyond our mediocre ways. appeared first on Supply Chain Game Changer™. Subscribe Here!

Strategy 82

Strategy Real-time Visibility Agile and Lean Supply Chain Change management 82

Spend Matters

JANUARY 9, 2025

By integrating these technologies, organizations unlock efficiencies, enhance decision making and create more agile, connected supply chains, ultimately boosting their ROI. By leveraging SAP Ariba solutions, the company has enhanced its sustainability efforts and improved risk management.

Procurement 122

Procurement Procurement team Supply Chain Efficiency Contract 122

Supply Chain Game Changer

JANUARY 17, 2022

Subscribe to Supply Chain Game Changer. The Agile Supply Chain! Why Agility is Trumping Lean! Agile project management article and permission to publish here provided by Andrej Fedek. The agile approach is one of the most popular methodologies among project managers these days.

Project management 114

Project management Agile and Lean Supply Chain Management supply chain software solutions 114