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 121

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 121

Empowering CPO

FEBRUARY 23, 2024

Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Ethical AI practices build trust.

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Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Empowering CPO

FEBRUARY 1, 2024

Introduction In the ever-evolving landscape of procurement, organizations are realizing that strategic sourcing is not merely a process but a comprehensive approach that can redefine the trajectory of businesses. Our approach includes educating clients on the environmental, social, and ethical implications of their procurement decisions.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Sustainability 40

Procurement Tactics

JANUARY 8, 2023

Spend analysis enables businesses to assess procurement spending data from internal and external data sources. It can also help drive sustainability initiatives in your supply chain and procurement process. . Responsible sourcing – Establishing trust and transparency in the value chain.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. There’s a much bigger dividend to obtain by automating the most boring, mundane tasks of your top sourcing professionals.” .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? The answer lies in the powerful tool of spend analysis.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Tactics

NOVEMBER 20, 2022

Sustainable business is embraced by many big companies as consumers are more concerned about the ethical standards of companies in making and operating their business. Investments in socially ethical practices may initially cost money. Orsted has achieved its goal of sustainability by encouraging its supply chain ecosystem to align.

Sustainability 147

Sustainability Ethics Agile and Lean Supply Chain Strategy 147

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Be flexible.

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

ivalua

MAY 9, 2023

Furthermore, their rapidly shifting nature requires a new level of agility. Being more agile and addressing more strategic objectives requires procurement to be more collaborative. Disruptions, ethical and compliance risks are more likely to occur deep in your supply chain. Second, map your sub-tier.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles. Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. 27.19] The ideal client for Blume Global.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

ivalua

SEPTEMBER 26, 2019

The examples that Musk mentions in the video show that modern supply chains are becoming more global and more complex. Protecting your business from these disruptions is challenging, because they can originate from so many different sources. CSCMP’s Supply Chain Quarterly. Make Risk Management Part of DNA.

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Agile and Lean Supply Chain Risk Supply chain Risk management 100

IBM Supply Chain Blog

OCTOBER 30, 2023

Ethical and regulatory barriers : Upholding AI ethics is pivotal. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. AWS’s scalable infrastructure allows for rapid, large-scale implementation, ensuring agility and data security.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 83

ivalua

OCTOBER 24, 2022

Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. So what’s pressuring procurement and supply chain leaders the most?

Procurement 100

Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 100

Procurement Tactics

JUNE 28, 2023

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. By being the ethical compass. But don’t worry, we’ve got you covered.

supply chain budgeting 52

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

Supply Chain Game Changer

SEPTEMBER 29, 2022

Subscribe to Supply Chain Game Changer. Instead of the excess emissions caused by such a long journey, you can go with Avocet Battery Materials , a European-based supplier, for more sustainable sourcing. However, another important step to take is to incorporate renewable energy sources. Subscribe Here! Email Address.

Sustainability 84

Sustainability Agile and Lean Supply Chain Ethics Supply chain 84

Supply Chain Game Changer

JUNE 6, 2019

Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Consumers are demanding more from the companies they buy from, and Supply Chain Management is at the forefront of delivering that increased responsibility. Subscribe Here! Email Address.

supply chain software solutions 52

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

Una

NOVEMBER 14, 2022

Now, CPOs and their procurement teams look to invest in more secure supply chains, addressing increased volatility in consumer demand and responding to the changing ways people work (i.e., The resilience of global supply chains is under attack. What’s changed? the hybrid work model). Is that all? Cue ominous music.)

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Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Supply Chain Efficiency 57

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 57

Empowering CPO

JULY 2, 2023

However, with time, the function evolved, incorporating strategic elements such as supplier relationship management, risk management, and sustainable sourcing. Managed procurement services can cover a vast range of functions – from sourcing and supplier management to purchasing, invoicing, and payment processes.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Sourcing Solved

MARCH 31, 2022

I was delighted when Tesca Group CPO Nadia Stoykov agreed to write an article for the Sourcing Solved Community Blog. Her post, which you can access through the provided link , delivers several key insights into successfully identifying, pursuing, and retaining procurement talent by treating it as a strategic sourcing process.

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Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Chief Procurement Officer 52

Empowering CPO

JULY 3, 2023

As globalization accelerates and supply chains become increasingly complex, procurement’s role has expanded from a mere transactional function to a strategic one. Strategy 4: Sustainability and Ethical Procurement Sustainability and ethics have become increasingly important in procurement.

Innovation 52

Innovation Strategy Procurement Management 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. Experienced developers are leaning on generative AI to advance complex coding tasks more efficiently.

Data 122

Data Ethics Quality Project management 122

IBM Supply Chain Blog

DECEMBER 20, 2023

Starbucks also paid careful attention to its supply chain, ensuring is products were ethically sourced and offering specialty drinks that in some geographic locations could be difficult to find. The company’s early focus on talent management for service employees was a major differentiator, as well.

Business strategy 75

Business strategy Strategy Leadership Ethics 75

Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Delivery: They used On-Time Delivery Rate to ensure timeliness in their supply chain.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Barkers Procurement

FEBRUARY 25, 2024

The right digital procurement technology can centralise spend data, identify trends and compliance to metrics, pinpoint opportunities, and simplify supply chain decisions as a result. Good ethics are attractive to suppliers and to customers. All crucial components when knowing exactly where you are, and where you want to be.

Procurement 52

Procurement supply chain software solutions Contract Agile and Lean Supply Chain 52

Una

AUGUST 9, 2023

Remember, having to go back and run the whole sourcing exercise again will end up slowing you down. Resource to help: 7 Traits of Highly Effective Procurement Leaders Implement agile procurement Often associated with software development, Agile ways of working can be applied to procurement as well. Did you know?

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

IBM Supply Chain Blog

SEPTEMBER 28, 2023

The newly launched features and capabilities of watsonx.ai, a capability within watsonx, include new general-purpose and code-generation foundation models, an increased variety of open-source model options, and additional data options and tuning capabilities that can broaden the potential business impact of generative AI.

Data 92

Data Sourcing Risk Ethics 92

Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Sustainability Agile and Lean Supply Chain 183

SupplyShift

APRIL 28, 2021

Through the pandemic, the weak points in an already fractured global supply chain, increasing ocean pollution, rapidly decreasing biodiversity, and the climate crisis have all been exposed and thrust into the spotlight. Do suppliers provide any adjacent data in your sourcing platforms?

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SupplyShift

APRIL 28, 2021

Through the pandemic, the weak points in an already fractured global supply chain, increasing ocean pollution, rapidly decreasing biodiversity, and the climate crisis have all been exposed and thrust into the spotlight. The Pharmaceutical Supply Chain Initiative (PSCI) for pharma. Define the Data You Need.

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Heads

MARCH 2, 2023

I’m going to broaden it from procurement and say supply chain. Supply chain’s heightened presence will endure because it wasn’t just Covid there was the Suez Canal, and Brexit, there were many things we have all lived through, and we have now got inflation and the war in Ukraine. ED&I is very, very important.

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Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply chain 130

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. In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Trend

APRIL 5, 2021

We now have automated production facilities, warehouses, and transport in our physical supply chain. Think about a production line, stock movements in a supply chain, and the Amazon policy of changing prices of its millions of products automatically. These decisions can be highly automated.

Supply Chain Efficiency 92

Supply Chain Efficiency Agile and Lean Supply Chain Data Collaboration 92

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Responsible Sourcing. Subscribe Here! Email Address. 7 KPIs Your Procurement Team May Be Ignoring!

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Procurement Procurement team Supply Chain Efficiency Innovation 50