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Agile and Lean Supply Chain Price supply chain budgeting 
SCMDOJO
DECEMBER 29, 2024
Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supply chain enthusiasts’ diverse needs. As you know, the supply chain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field.
SCMDOJO
APRIL 3, 2025
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. Can you increase prices for customers?
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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
JANUARY 29, 2025
Supply chain reports offer a comprehensive view of your entire supply chain operation. What are Supply Chain Reports? Moreover, i dentifying and mitigating potential risks associated with supplier performance, such as disruptions to the supply chain or quality issues.
Procurement Templates
NOVEMBER 21, 2024
Negotiation Skills Actionable Steps: Prepare Thoroughly: Research suppliers’ market position and pricing strategies before negotiations. Use Data-Driven Arguments: Leverage cost breakdowns and benchmarks to negotiate better terms. Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals.
SCMDOJO
APRIL 15, 2025
Consider this your business suddenly faces a major supply chain disruption. But the truth is, a fragile supply chain can make or break your companys success in today’s world. But the truth is, a fragile supply chain can make or break your companys success in today’s world.
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. Doug has a B.S.
264 
SCMDOJO
APRIL 11, 2025
Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.
SCMDOJO
MAY 23, 2025
In an age where supply chains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. Not sure where your supply chain stands?
52 
Procurement Templates
DECEMBER 11, 2024
Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency. Implement Lean Procurement Practices: Use lean management principles to minimize waste and streamline procurement operations.
130 
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.
55 
Procurement Templates
AUGUST 28, 2024
The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.
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.
Let's Talk Supply Chain
APRIL 16, 2025
In the fast-paced world of entertainment, strategic supply chain management is crucial to ensuring seamless operations and success. SRM Entertainment, a leading player in the industry, has recently made a groundbreaking announcement regarding its supply chain measures.
Let's Talk Supply Chain
FEBRUARY 27, 2025
Technology integration: The integration of advanced technologies like autonomous vehicles and route optimization software is expected to streamline operations and potentially reduce costs,influencing the direction of trucking rates.
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.
Procurement Insights
MAY 18, 2025
With rising expectations, shrinking budgets, and growing exposure to price risk and supply disruption, todays procurement leaders are tasked with delivering strategic impact at speed and scale. Let’s start by revisiting one of Procurement Insights’ most popular article series: Dangerous Supply Chain Myths.
72 
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.
Supply Chain Opz
NOVEMBER 9, 2014
Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.
SCMDOJO
MAY 18, 2023
The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.
SCMDOJO
SEPTEMBER 24, 2024
Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.
SCMDOJO
JANUARY 19, 2025
We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.
Procurement Tactics
MARCH 16, 2023
It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Strategic procurement is data-driven and uses a combination of tools and techniques that go far beyond unit price reduction. What is a procurement strategy?
238 
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.
Let's Talk Supply Chain
MAY 19, 2025
Lyle will be sharing his journey as one of the co-founders of ProcurementIQ, and Anthony will be giving his perspective on why, after many years in the industry, he decided to go to school for supply chain. Its making it much harder to plan and strategize for de-risking supply chains.
52 
Jaggaer
MAY 16, 2025
In many industries, procurement is responsible for managing significant budgets which means it holds a key lever for business performance. This means that, beyond cost savings, they can also influence the top line. Proper orchestration of supply chains enhances corporate resilience. Its actually quite obvious.
Supply Chain Game Changer
JUNE 24, 2021
Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Companies rely on supply chain management to reduce costs and increase their production cycle. Subscribe Here! Email Address. The global chip shortage is here to stay?
Procurement Insights
MAY 21, 2025
QUESTION 1: How does Hansen’s Metaprise Model address the following CPO concerns: Budget Constraints, Process and System Alignment, Technology Gaps, Challenging Market Dynamics, Difficulty Engaging Stakeholders? tariffs, port strikes), reducing costs by 2030% (DND case study). Heres how it tackles each challenge: 1.
Supply Chain Opz
JUNE 1, 2014
Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.
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.
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.
Supply Chain Game Changer
NOVEMBER 19, 2018
Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. As such there can be unrelenting pressure to continue to cut costs. Promoting Supply Chain Value.
Planergy
MAY 8, 2025
5] Finance Leaders Are Collaborating More Closely with Procurement: Nearly 48% of CFOs are leveraging procurement data to support broader financial strategies, from fraud detection to cost optimization. [1] 4] Organizations are not just saving time; theyre also reducing errors, improving approval cycles, and increasing compliance.
52 
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.
ivalua
JANUARY 31, 2022
Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers).
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. Subscribe to news from Arkestro.
TYA Suite
MAY 13, 2025
The procurement team reviews these requests to ensure theyre aligned with the companys budget and strategy. Typically, a manager or procurement officer will examine the request to ensure it fits within the budget and complies with company policies. If necessary, they may suggest alternative solutions or adjustments to save costs.
40 
ivalua
NOVEMBER 29, 2022
And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. Risk Metrics.
130 
Jaggaer
APRIL 9, 2025
Seamless integration with ERP and supply chain systems: MES synchronizes manufacturing operations with business planning, inventory management, and customer demand. Faster time-to-market: By streamlining processes and improving production agility, MES helps manufacturers respond quickly to changing customer demands.
Procurement Tactics
JUNE 28, 2023
It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. Budget and Cost Control Procurement expenditures, monitoring variations in the cost and identifying opportunities for savings, and avoiding unnecessary costs shall be monitored in accordance with the approved budget.
Jaggaer
APRIL 9, 2025
This combination ensures that raw materials and components arrive precisely when needed, keeping production schedules on track and costs under control. Enhanced Supply Chain Management – ERP solutions enhance supply chain management by providing real-time tracking of materials, production progress, and distribution.
Finale Inventory
AUGUST 14, 2024
Hospital supply chain management plays a key role in the efficient operation of healthcare organizations. In an industry where patient care is paramount, having a well-managed supply chain is important for ensuring timely delivery of medical equipment, medications, and other necessary supplies.
Jaggaer
JUNE 28, 2024
Procurement and supply chain professionals are emerging as enterprise linchpins. C-suites are increasingly leaning on the function’s expertise and tools to advance key objectives, such as business continuity, responsible business practices, profitable growth, and competitive advantage. Generative AI offers workload relief.
Procurement Insights
MAY 22, 2025
Leadership Founder & CEO: Jag Lamba, former McKinsey consultant, leads the company with a focus on operational agility, risk management, and AI innovation. Regulatory Updates: Quickly adapt workflows to new regulations or internal policy changes, leveraging Certas modular and agile platform. Key Differentiators Feature Certa.ai
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. That way you can take steps to mitigate the delay and line up alternative sources of supply.” 3) Optimize Decision-Making.
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