ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Maintaining revenue and profitability depends on a resilient and adaptable supply chain.

Agile and Lean Supply Chain 52

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

SCMDOJO

JANUARY 9, 2025

By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Click here!

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

Agile and Lean Supply Chain 130

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

Arkestro

DECEMBER 5, 2024

How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 91

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

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

Jaggaer

FEBRUARY 5, 2025

Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience. With a structured approach, companies can transition to a more agile, data-driven procurement function.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Planergy

MAY 8, 2025

4][5] Advanced Analytics Powers Strategic Decisions: More than 50% of procurement leaders are actively using analytics to track spend trends, uncover savings, and negotiate better termstransforming procurement into a strategic business partner. [3][6] In 2025, this is finally starting to shift at scale.

Strategy 52

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

Arkestro

MAY 14, 2025

The investment will accelerate Arkestros ongoing innovation in AI-powered procurement technology, advancing its mission to help enterprises unlock hidden savings, reduce supply chain risk, and drive operational efficiencyempowering procurement teams to focus on strategic, high-impact initiatives. cost savings on every $1M of spend.

Innovation 52

Innovation Procurement Agile and Lean Supply Chain Procurement team 52

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Supply Chain Optimization 91

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 91

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms. Let’s explore further.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

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. Modernize your SVM software to deliver on these goals and help your supplier ecosystems be agile, ethical and reliable.

supply chain software solutions 130

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

Procurement Insights

MAY 10, 2025

It fills critical gaps in depth, agility, and contextual insight that most traditional analysts and association models overlook. In procurement, this might translate to better supplier negotiations or sourcing strategies, especially for tariffs. Tariff Mitigation and Risk Management: Hansens insights on supply chain risk (e.g.,

Procurement 52

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

Supply Chain Trend

MAY 17, 2022

In this blog : a new role for supply chain planners. Similar to the continuous automation of physical assets in the supply chain over the last 100 years, we’ve now reached the era where the knowledge worker will be augmented or automated by a machine. Supply chain planners and IBP teams will not escape this evolution.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

Procurement Tactics

JANUARY 13, 2023

Gartner Supply Chain Symposium 2023. The Gartner Supply Chain Symposium 2023 is a well-known conference by many supply chain professionals. Supply Chain USA 2023. Supply Chain USA 2023 , organized by Reuters, is said to be the most comprehensive supply chain event in North America.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

Una

JUNE 5, 2024

Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? Imagine your supply chain as a sturdy ship navigating the choppy waters of the global marketplace. Building resilient supply chains So, what defines a resilient supply chain?

Agile and Lean Supply Chain 52

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

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

EazyStock

JANUARY 17, 2022

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. Supply Chain Digitalization.

Supply chain management 52

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

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

TYA Suite

NOVEMBER 15, 2024

Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. Furthermore, collaboration allows companies to work together with suppliers to find solutions and strengthen the supply chain.

Risk management 40

Risk management Risk Suppliers Strategy 40

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. Investment in technology is crucial and requires even more during the time of an economic downturn. “

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. This strategy outlines the methods and processes for selecting suppliers, negotiating contracts, , and ensuring that procurement activities align with the organization’s overall goals and objectives.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. 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

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. Risk Management: Procurement involves a variety of risks, from supply chain disruptions to compliance issues.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Empowering CPO

JUNE 27, 2023

Cost Savings and Efficiency Gains: By leveraging digital tools for spend analysis, organizations can identify areas of unnecessary expenditure, negotiate better contracts with suppliers, and optimize procurement processes. This leads to significant cost savings and improved operational efficiency.

Real-time Visibility 40

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

Let's Talk Supply Chain

MARCH 31, 2025

In teh intricate dance‍ of ‍global trade, Boeing is navigating choppy waters as tariffs threaten to disrupt its carefully crafted supply chain. – Impact of Tariffs on Boeing’s‍ Global Supply Chain boeing continues to navigate the challenges posed by tariffs affecting its global supply chain.

Agile and Lean Supply Chain 52

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

Arkestro

MAY 29, 2025

Without modern tools to act faster and scale influence, procurement teams have struggled to contribute meaningfully to business growth, supply chain resilience, and sustainability goals. According to McKinsey , procurement is now poised to drive value across the supply chain and help executives achieve their top priorities.

Procurement team 52

Procurement team Influencing Agile and Lean Supply Chain Procurement 52

Arkestro

JUNE 4, 2025

But they havent solved the issue of scaling supplier negotiation capacity across more quoted spend. They rely on outdated systems where suppliers anchor pricing, negotiations are slow and manual, and cost savings remain limited. AI and automation help manage all spend efficiently, unlocking savings and boosting agility.

Procurement 52

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

SCMDOJO

DECEMBER 16, 2024

However, learn about the Impact of Inventory Management on the Supply Chain, Optimizing Inventory Levels, and Stock Counting procedures by getting yourself enrolled in “Inventory Management Fundamentals For Supply Chain” course by Paul Denneman. Check out our comprehensive Supply Chain Track on SCMDOJO.

Material management 52

Material management Management Supply Chain Optimization Agile and Lean Supply Chain 52

SCMDOJO

MARCH 28, 2025

Agentic AI takes this a step further by enabling autonomous supply chain systems. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. Convince the naysayers and implement supply chain technologies like a pro!

Logistics 52

Logistics Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Barkers Procurement

NOVEMBER 21, 2024

In practice, though, small suppliers are hard to get because trade barriers can push them out of bidding or negotiation processes early. If there’s one thing external factors have taught manufacturers in recent years, it’s to ensure supply chain resilience as a major priority.

Suppliers 52

Suppliers Bidding Agile and Lean Supply Chain Supply chain resilience 52