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Agile and Lean Supply Chain Price Real-time Visibility 
ivalua
FEBRUARY 10, 2023
It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget.
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SCMDOJO
JANUARY 29, 2025
Supply chain reports offer a comprehensive view of your entire supply chain operation. What are Supply Chain Reports? However, identifying and addressing slow-moving and obsolete inventory is necessary to prevent capital from being tied up in unproductive assets.
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How to Modernize Manufacturing Without Losing Control
A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026
SCMDOJO
FEBRUARY 15, 2025
Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. Enhance visibility across the supply chain through structured reports.
SCMDOJO
APRIL 15, 2025
Consider this your business suddenly faces a major supply chain disruption. Perhaps a critical supplier goes out of business, a natural disaster halts shipments, or new regulations are introduced that throw a wrench in your entire process. This nightmare becomes a reality for many businesses more often than wed like to admit.
SCMDOJO
APRIL 11, 2025
Supply chains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable. A resilient supply chain is one that can absorb shocks and continue functioning with minimal disruption.
SCMDOJO
MARCH 24, 2025
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.
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Skill Dynamics
APRIL 24, 2025
When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.
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. Shielding Your Supply Chain: Ensuring Continuity in a Volatile World Supply chain disruptions have become the new normal.
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.
SCMDOJO
APRIL 29, 2024
Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.
Planergy
MAY 8, 2025
How to gain visibility and control of your indirect spend. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5] How to report and analyze indirect spend to identify savings opportunities.
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Jaggaer
APRIL 24, 2025
By the time I have finished writing this article, and certainly before it is published, the situation will have changed. One is reminded of the Chinese proverb, Better to be a dog in times of tranquility than a human in times of chaos. As late as the 1990s, supply chains were very local.
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Procurement Insights
APRIL 2, 2025
I picked Chevron to prepare the following assessment based on the company’s interest in my recent LinkedIn post and the corresponding poll in the Purchasing & Global Supply Chain Professionals (PGSCP) group. Risk Mitigation: Real-time supplier risk scoring (e.g., Cost Control: Streamlines indirect spend (e.g.,
IBM Supply Chain Blog
MARCH 21, 2023
Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.
Jaggaer
OCTOBER 24, 2024
By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.
Jaggaer
OCTOBER 24, 2024
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.
Procurement Insights
JANUARY 3, 2025
Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CFOs began to see procurement as critical to business continuity and organizational agility.
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.
SCMDOJO
AUGUST 28, 2024
The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain.
Jaggaer
APRIL 9, 2025
Pairing a dedicated Source-to-Pay (S2P) solution with ERP strengthens procurement by enhancing visibility into supplier performance, automating workflows, and enabling smarter decision-making. Making the most of an ERP system in manufacturing means understanding how it ties into production, inventory management, and supplier coordination.
ivalua
JUNE 1, 2022
Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Amrest onboards new vendors at competitively-positioned pricing on a regular and consistent basis. Part of procurement, driven by finance–payment is a key part of the supply chain partnership. .
SCMDOJO
JUNE 17, 2024
The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027.
Jaggaer
FEBRUARY 5, 2025
It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) But there is a distinction between price and value.
Procurement Insights
APRIL 13, 2025
buyers, suppliers) interacting based on real-world commodity traits (e.g., cosmetics luxury inputs, coffees farm-gate prices). It prioritizes centralized visibility and departmental empowerment over rigid ERP systems, achieving 23% savings in tests (e.g., Department of Defense). cosmetics suppliers $0.32/unit kg margins).
The Network Effect
NOVEMBER 14, 2014
This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. The post What’s new in the automotive supply chain?
TYA Suite
MAY 13, 2025
It ensures that every team has the right resources at the right time, without delays or extra costs. This document includes details like the product or service, agreed-upon price, quantity, and delivery expectations. This cash flow improvement allows businesses to remain financially agile and make more strategic long-term decisions.
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SCMDOJO
SEPTEMBER 19, 2024
In supply chain management, the bullwhip effect occurs when slow-moving consumer demand at the retail level produces significant fluctuations in production at the manufacturer and supplier levels. One real-world example of the bullwhip effect is the sudden high demand for toilet paper amid the peak of the COVID-19 pandemic.
Procurement Insights
APRIL 9, 2025
Enhanced Adaptability to Dynamic Environments Challenge : Traditional equation-based models fail to respond to real-time disruptions (e.g., Example : Agents from a manufacturer and Tier 1/2 suppliers jointly resolve component shortages by redistributing inventory in real time. Learn and optimize continuously.
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. Smart software shifts from drilling down on existing data to alerting up, so managers can respond to events or trends in real time. .
SCMDOJO
JULY 7, 2023
However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.
ivalua
MARCH 27, 2023
The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. Europe will join Latin America, India, China, and other countries already on the path to real-time tax collection. The time is now – let’s get an action plan together!
Supply Chain Game Changer
SEPTEMBER 28, 2021
Subscribe to Supply Chain Game Changer. The Supply Chain Detective and the Distribution Centre Disaster! But when it was time to make change happen the level of resistance, from the CEO on down, was incredible. This change paradox, and the resultant paralysis, could only be solved by The Supply Chain Detective.
Una
JUNE 5, 2024
Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? Conflicts in Ukraine and the Middle East continue to drive up prices and threaten shipping. Imagine your supply chain as a sturdy ship navigating the choppy waters of the global marketplace.
The Network Effect
OCTOBER 3, 2014
Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Today, in order to accomplish these goals, continuous improvement in global supply chain execution has become a core supply capability required by most automotive OEM’s.
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Finale Inventory
JULY 17, 2024
In today’s rapidly changing business environment, supply chains are crucial to the success of ecommerce companies. However, even the most efficient supply chains can be affected by a phenomenon known as the Bullwhip Effect. By identifying the root causes, businesses can take proactive measures to tackle this issue.
ivalua
MARCH 9, 2023
By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers. Sourcing: Where Procurement often creates value first.
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Supply Chain Game Changer
JULY 1, 2020
Subscribe to Supply Chain Game Changer. Amazon’s continued success at omnichannel delivery and fulfillment, including one-day delivery for Prime subscribers, has increased the pressure on retailers and shippers to provide faster, lower priced, more convenient last mile service delivery and fulfillment. Subscribe Here!
TYA Suite
DECEMBER 16, 2024
Agility in Procurement means being able to quickly adjust and respond to changes when purchasing goods and services. Instead of following long, rigid processes, agile procurement allows businesses to move quickly and efficiently, whether it's dealing with market changes, shifting supplier conditions, or new business demands.
Spend Matters
DECEMBER 21, 2023
In sourcing, the AI can rapidly analyze supplier options based on pricing, quality, sustainability and other factors to identify optimal partners, while also predicting performance to mitigate risk. More accurate forecasts allow for better planning, inventory management and mitigation of various supply chain risks proactively.
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.
Supply Chain Game Changer
NOVEMBER 10, 2018
Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.
Solvoyo
MARCH 5, 2021
Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. .
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.
Supply Chain Game Changer
NOVEMBER 11, 2018
Check out Introducing Lean In Retail … Start in the Backroom! As consumers the complexity in the retail supply chain is usually oblivious to us. So what makes the Retail Supply Chain so complex? It puts huge demands on the Supply Chain team. And data integrity and inventory accuracy is key.
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