SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. But what steps can you take to a more resilient supply chain during disruptions? If you’re ready to learn more about creating stronger supply chains, read below.

Agile and Lean Supply Chain 77

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 77

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

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

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

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

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 74

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 74

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

ivalua

NOVEMBER 23, 2020

Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. Their mission is to aggregate product purchases from member healthcare providers and secure lower product prices for them, particularly on commodity-type items, like flu vaccine. billion annually.

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Agile and Lean Supply Chain Supply chain Procurement Supply 130

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

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Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

Agile and Lean Supply Chain 52

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

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . View Webinar Replay.

Procurement 130

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

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Incentivize procurement w/performance goals & KPIs that encourage supplier collaboration to drive meaningful changes in behavior.

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Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130

Una

FEBRUARY 20, 2023

Elements of a Diversified Procurement Strategy A diversified procurement strategy will utilize both traditional and nontraditional methods of sourcing to drive cost savings and value. This includes implementing aspects of a traditional procurement strategy and adding in some unconventional means to get desirable results.

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Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. What is Commodity Trading?

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Una

OCTOBER 13, 2022

Current Events Impacting Procurement. Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. In other words, procurement is at significant risk of disruption, but this risk can be mitigated through a combination of strategies. .

Procurement 98

Procurement Agile and Lean Supply Chain Price Supply chain 98

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. 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.

supply chain software solutions 130

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

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.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Positive Purchasing

DECEMBER 6, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. Inevitably, there are some supply chains that are riskier than others.

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

If Procurement can impact everything from customer satisfaction and product & service quality to cash flows and profitability – shouldn’t it be on top of every team’s 2023 training list? Supply chains are becoming more and more complex, constrained, and daunting by the day.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

ivalua

JANUARY 29, 2020

Competitors or new market entrants can use it to attack you these days – you don’t need a chain of retail shops on the high street, just a good idea, a great website and an outsourced logistics operation. So the need for businesses to act with speed and agility has never been greater.

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Collaboration Innovation Agile and Lean Supply Chain Procurement 213

Una

DECEMBER 11, 2023

Your 2024 Procurement Career Tune-Up As we leap into the shiny unknown of next year, let’s revamp your professional journey and and explore a procurement career tune-up. So, grab your toolkit, and let’s revamp that procurement engine of yours! Is it time to give your procurement career a tune-up?

Procurement 52

Procurement Agile and Lean Supply Chain Leadership Negotiation 52

Arkestro

NOVEMBER 2, 2022

Procurement in the automotive industry is complex. Enter predictive procurement. Predictive procurement is central to solving a wide range of complex supply chain problems efficiently and effectively. What is the challenge or uniqueness of automotive sourcing and procurement?

Price 52

Price Suppliers Procurement Agile and Lean Supply Chain 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

ivalua

MARCH 1, 2022

In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . REDUCE SUPPLY RISK TO ENSURE SUPPLY CONTINUITY . View Webinar Replay. REDUCE SPEND COST .

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Agile and Lean Supply Chain Procurement team supply chain software solutions Sustainability 130

ivalua

NOVEMBER 3, 2021

Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Tail suppliers are typically low-volume suppliers, often not under contract and with non-standard pricing.

Procurement 130

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

Una

NOVEMBER 14, 2022

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. Did the pandemic already write procurement’s future? By Eric Edwards | November 15, 2022.

Procurement 98

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

Arkestro

JULY 18, 2023

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.

Supply Chain Optimization 52

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

Barkers Procurement

AUGUST 10, 2023

Why Diversifying Your Supply Chain Is So Important The Power of Diversifying Your Supply Chain – You don’t need us to tell you how essential supply chains are. Managing a supply chain involves working with a network of suppliers who are all connected via a centralised supply chain management process.

Agile and Lean Supply Chain 52

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

Spend Matters

DECEMBER 21, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

Barkers Procurement

JANUARY 26, 2024

The Pressures That Procurement Faces In 2024. In recent years, we have seen the demand placed upon the Procurement function significantly increase. What is driving the pressure on Procurement? The pressures that procurement faces show no signs of reducing. What can Procurement do to successfully challenge these pressures?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

In recent years, we have seen the demand placed upon the Procurement function significantly increase. What is driving the pressure on Procurement? The pressures that have been placed on the Procurement function show no signs of reducing. What can Procurement do to successfully challenge these pressures? in December 2023.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Arkestro

MAY 23, 2022

As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Supply chain disruption has become something that all of us see in the headlines every day: online, in newspapers, and in magazines. Gas at record-high prices.

Agile and Lean Supply Chain 52

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

ivalua

DECEMBER 8, 2020

Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. People should be thankful, and procurement practitioners proud. Examples abound.

Procurement 130

Procurement Leadership Innovation Agile and Lean Supply Chain 130

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. These are just some of the many challenges procurement teams have had to face since the pandemic and throughout 2022. What all of these obstacles have made clear is that process resilience and long-term procurement strategies are essential for mitigating future risks.

Agile and Lean Supply Chain 59

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

Una

AUGUST 2, 2022

5 Technology Trends in Procurement. We like talking about savings in big numbers at Una , but even we are awed by the sheer scale of the procurement technology market. According to Verified Market Research , the global procurement software market will grow from $5.5 Technology trends in procurement. Cloud migration.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Procurement Heads

MARCH 27, 2023

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. What are the roles and responsibilities the procurement function holds within Futures Housing Group?

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Arkestro

DECEMBER 5, 2022

Then the pandemic happened, challenging procurement in new ways. While 2020 was a transformative year for procurement in the food industry, the following years have brought their own challenges. These disruptions have exposed the fragility of global supply chains. In the summer, inflation was at a 40-year high.

Raw materials 98

Raw materials Procurement Agile and Lean Supply Chain Supply Chain Optimization 98

Una

MARCH 6, 2024

Your Business Guide to Outsourced Procurement A comprehensive guide to outsourced procurement and the benefits of working with a group purchasing organization to save money, time, and effort. We’ll also reveal the benefits of outsourcing procurement to a group purchasing organization (GPO).

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply chain management 130

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 130