ivalua

JUNE 29, 2020

With rising costs and declining margins, health systems must become more efficient and productive. We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Often this variation is valid and leads to better quality of care but often it is not.

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Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

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.

Supply Chain Efficiency 101

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 101

Supply Chain Game Changer

MARCH 14, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses.

Supply chain management 115

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 115

Una

SEPTEMBER 6, 2022

Leveraging Lean Procurement. Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. What is lean procurement? Applying the principles of the lean work methodology to procurement.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

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Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 71

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

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Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 82

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 111

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The complexity of the e-commerce landscape is compounded by the presence of multiple sales channels, posing challenges to efficient management.

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 75

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Flawed Processes.

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

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. 8 Steps to Improve Procurement Efficiency. Establish clear expectations for your supply base.

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Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

HICX

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain software solutions 52

SCMDOJO

FEBRUARY 14, 2024

How is marketing connected to my supply chain? The supply chain of your business has many components. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.

Supply Chain Optimization 52

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

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.

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Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Supply Chain Game Changer

OCTOBER 11, 2022

Subscribe to Supply Chain Game Changer. How to Invest to Make Your Supply Chain More Efficient! Supply chains are central to optimal eCommerce results. The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition.

Supply Chain Optimization 81

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 81

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). Benefits of No-code Platforms.

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supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 110

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

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

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.

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

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. So, why are managed procurement services necessary?

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 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. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

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

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.

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

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

APRIL 23, 2024

In an ever-evolving marketplace, businesses are constantly looking for ways to streamline operations, cut costs, and enhance efficiency. Procurement isn't just about purchasing goods and services; it's a strategic function that if executed well, can significantly contribute to a company's competitive advantage.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

World of Procurement blog

APRIL 23, 2024

In an ever-evolving marketplace, businesses are constantly looking for ways to streamline operations, cut costs, and enhance efficiency. Procurement isn't just about purchasing goods and services; it's a strategic function that if executed well, can significantly contribute to a company's competitive advantage.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

SCMDOJO

DECEMBER 18, 2023

This ensures that production processes remain uninterrupted, maximizing overall operational efficiency. Enhancing Profitability: Efficient spare parts management directly impacts a company’s bottom line. When the right spare parts are readily available, equipment downtime is minimized.

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Supply Chain Efficiency Inventory control Management supply chain budgeting 63

Pipefy

JANUARY 30, 2024

Because procure-to-pay teams lacking business agility, internal resources, or adequate tools are hungry for solutions that can help them streamline operations, increase strategic influence, gain spend control, innovate sourcing streams, improve efficiency, and increase time for more “high-value” work. billion by 2028.

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

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. When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals.

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SCMDOJO

DECEMBER 14, 2023

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO! Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards.

Sourcing 74

Sourcing Supply Chain Efficiency Supply Chain Optimization Negotiation 74

Pipefy

JANUARY 30, 2024

That’s where procurement, sourcing, and purchasing technology comes in. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. P2P software can automate workflows and activities such as: Purchase request intake and review. Purchase orders.

Agile and Lean Supply Chain 52

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

Solvoyo

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Accurate and timely reconciliation of purchase orders with receipts.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 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. By implementing the right strategies, CFOs can reduce costs while still maintaining high quality standards. There also might be multiple systems to log in to.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

ivalua

APRIL 13, 2021

Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability. Efficient communication, the ability to securely share information and project manage efforts are all key to scaling collaboration across more processes, suppliers & categories.

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Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130

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.

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Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. By pivoting the focus to operational efficiency, these companies survived — and some even thrived — in severe market downturns.

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

Empowering CPO

FEBRUARY 23, 2024

As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. It ensures that procurement partners collaborate with reliable vendors, reducing supply chain disruptions. Data governance ensures reliable insights.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. We need cost efficiency internally and cost-effectiveness with our suppliers externally. Our organisation has adopted agile ways of working. I completed my MCIPS there and then moved into consulting.

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Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

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. What is a procurement strategy?

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

SCMDOJO

OCTOBER 7, 2022

Logistics is the central system that controls physical inventory flow in a supply chain. Attribute 4 – Quality related Logistics KPIs. Similarly, Logistics KPIs indicate the logistics’ total efficiency and direct the managers to carry out operations optimally. Perform lean with Logistics activities.

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Logistics Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 110