SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

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

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

MAY 9, 2022

Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Here are 5 Key Advantages from using Supplier Relationship Management Software.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Here are 5 Key Advantages from using Supplier Relationship Management Software.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?

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

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. In addition, a well-crafted procurement framework fosters innovation and sustainability.

Procurement strategies 72

Procurement strategies Strategy Procurement Supply Chain Efficiency 72

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. 5 procurement trends for 2023. This presents a very real economic cost for companies already faced with a lack of procurement resources.

Agile and Lean Supply Chain 59

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

Una

OCTOBER 17, 2023

In this article, we explore where we are now in terms of procurement chatbots and predict some exciting possibilities for the future. Training and Onboarding Endlessly patient, chatbots can assist in training and onboarding new procurement team members or anyone who requires a refresh. Want to Chat?

Procurement 52

Procurement supply chain software solutions Real-time Visibility Supply Chain Optimization 52

Pipefy

JANUARY 11, 2023

In order to prepare for the next great disruption, a total overhaul of processes through procurement transformation is required to unlock a business that will not only survive but thrive as well. What is procurement transformation? What is a procurement transformation roadmap? What is a procurement transformation strategy?

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. 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

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Most companies this size will for sure have some degree of procurement team.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Most companies this size will for sure have some degree of procurement team.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Arkestro

MAY 30, 2022

However, it makes the point that digital acceleration should be a key goal for procurement teams across a wide range of industries. The Pandemic Exposed Flaws in Traditional Approaches to Procurement. We all remember the early days of the pandemic and shortages in critical medical supplies.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Arkestro

MAY 23, 2023

After all, procurement in construction faces many unique challenges and requirements, making it a historically difficult industry to manage effectively. Fortunately for construction companies, new solutions have emerged to meet their challenges. Construction procurement’s problems have been accelerated.

Procurement 52

Procurement Agile and Lean Supply Chain supply chain budgeting supply chain software solutions 52

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Why procurement automation is where the magic happens.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Una

AUGUST 2, 2022

According to Verified Market Research , the global procurement software market will grow from $5.5 It’s also important to understand the sheer scale of the opportunity that’s up for grabs through procurement modernization and digitization. No procurement process can be considered fully automated without self-service.

Procurement 98

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

Arkestro

DECEMBER 12, 2023

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts.

Procurement 52

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

Supply Chain Game Changer

FEBRUARY 11, 2021

Subscribe to Supply Chain Game Changer. Artificial Intelligence is an increasing part of our everyday lives, powering our smart phones and the internet of things. ‘Powered by AI’ is a common feature or term used to sell the benefits and merits of digital transformation solutions. A Guide to Procurement! Subscribe Here!

Supply Chain Efficiency 93

Supply Chain Efficiency Procurement Agile and Lean Supply Chain supply chain software solutions 93

Arkestro

MARCH 13, 2023

It turned to Arkestro Predictive Procurement software. Due to pandemic-driven market disruption, consumer behaviors shifted and labor forces shrunk — suffocating the global supply chain. But resource limitations at different points in the supply chain are not always due to depleted raw materials.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement Bidding 52

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . Here are the latest updates on digital procurement in 2022 : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Why procurement automation is where the magic happens.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

The Procuretech Podcast

SEPTEMBER 28, 2021

The constant challenge of poor data, inaccurate or missing taxonomies and battling with free text PO descriptions is what ultimately led them down the path of creating a software business to solve this problem at scale. Some examples of what AI can do in the Procurement space. From whom do I buy? What price am I paying?

Data 52

Data supply chain software solutions Agile and Lean Supply Chain Category management 52

Barkers Procurement

FEBRUARY 25, 2024

Intelligent Procurement Software Uncertain business outlooks shine a spotlight into every function. The right digital procurement technology can centralise spend data, identify trends and compliance to metrics, pinpoint opportunities, and simplify supply chain decisions as a result.

Procurement 52

Procurement supply chain software solutions Contract Agile and Lean Supply Chain 52

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

This is to enable greater autonomy and agility. . Accordingly, the time is right for procurement to take centre stage and create benchmark KPIs to ensure sustainability in global supply chains. Ensuring responsible sourcing is a primary need of procurement teams now. Risk management.

supply chain budgeting 52

supply chain budgeting Procurement supply chain software solutions Agile and Lean Supply Chain 52

Procurement Software

JANUARY 16, 2024

Could more visionary procurement leaders be the cure for procurement teams not getting the recognition they deserve? It’s time to start replacing the technocratic, process-obsessed procurement teams. We must usher in a more visionary and value-focused group of procurement leaders and CPOs.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Procurement Software

APRIL 18, 2023

It also improves your agility across everyday procurement processes. Keeping up with an unstable world “With a recession on the horizon all procurement teams will be looking at their cost base, eAuctions are the most efficient way to negotiate prices with suppliers.”

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. Procurement can generate value by stepping up and becoming the efficiency guru.

supply chain budgeting 52

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

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. 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.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Pipefy

MAY 23, 2023

Here’s what that involves: Find the right procurement tool for your organization. However, the software that works best for you will be based on your industry, business size, tech stack, and procurement objectives, which might include hastening production, eliminating order errors, or cutting dead stock costs.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Una

JULY 18, 2023

By Hugo Britt | July 18, 2023 Search Search Technical skills are changing in procurement. Not long ago, purchasing professionals were expected to master the various stages of the sourcing cycle, but the reality is that AI and ML-driven automation are creating the need for an entirely new skillset.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

Una

MARCH 6, 2024

This is super handy in industries where workloads can change in a snap, like customer support or software development. Being able to adapt fast keeps businesses agile and ready for whatever the market throws their way. Another perk of outsourcing procurement is that it can help companies grow faster and become more profitable.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

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. .

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

Jaggaer

JUNE 9, 2020

As the COVID-19 virus begins to subside in many parts of the world, supply chains are stabilizing. Procurement teams can lead the way in building a robust system into the future. This should serve as a wakeup call for procurement teams to take a look at the clauses in their contracts. Revise Your Contracts.

Procurement strategies 52

Procurement strategies Strategy Management Procurement 52