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Navigating Tariff Turbulence: A Practical Guide for Supply Chain Leaders

SCMDOJO

Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. This builds resilience during uncertain times.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis

Spend Matters

The need for resilient supply chains is also a key factor driving procurement digitalization. Customers want to quickly adjust sourcing strategies and build agility into their supply chains. On regulatory compliance, data protection regulations such as GDPR continue to influence procuretech investment.

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What About Procurement Objectives?

Procurement Templates

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

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Supply Chain Transformation is ongoing but never more important than in 2021. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains. What Will Impact Procurement Processes in 2021?

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GM confident it can mitigate tariffs

Let's Talk Supply Chain

By diversifying its supply chain and leveraging global partnerships, GM aims to minimize disruption and maintain competitiveness in the market. Cost-efficiency: Streamlining operations and optimizing supply chain processes to minimize tariff impact.