Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This is where cross-department collaboration comes into play.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

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. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Zycus Cognitive Procurement

JANUARY 24, 2023

Shortages in raw materials, energy, shipping, and labor required that CPOs performed at the top of their game to ensure business continuity. As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” This is essential to build a bold, agile and flexible procurement function.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

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.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. They are usually readily available in the market, and their purchase does not significantly affect the company’s profitability.

Suppliers 52

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

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Supply Chain Efficiency 58

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 58

Supply Chain Game Changer

MAY 12, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. He received his Engineering degree from Queen’s University which led to his initial career in manufacturing and supply chain at Celestica.

Leadership 66

Leadership Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 66

Planergy

DECEMBER 29, 2022

Managing marketing procurement can help to ensure that the raw materials needed to create a product are available when they are needed. This, in turn, can help to save time and money by avoiding production delays due to a shortage of materials. Use PLANERGY to manage purchasing and accounts payable.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Una

MARCH 6, 2023

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

Empowering CPO

JUNE 26, 2023

These actions lead to improved negotiation power, reduced costs, and enhanced overall procurement efficiency. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain. Risk Mitigation: Real-time spend visibility also plays a critical role in risk mitigation.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Positive Purchasing

NOVEMBER 9, 2023

I am sure you are comfortable being flexible and agile when buying something different, or sourcing from an alternative more sustainable supplier. In my book Category Management in Purchasing , I lay out the 5i® Category Management process in detail. Even with a c-suite sponsor, a mandate and a budget.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. There’s a rising demand for raw materials and products and inadequate drivers to ship products. Optimize Routes.

supply chain budgeting 95

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Procurement Software

MARCH 5, 2024

These modules can be purchased separately or as one complete suite. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains.

Real-time Visibility 52

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

Planergy

JULY 21, 2023

You set the budget and deliverables, then work with various freelancers with a test assignment. This typically includes raw materials and components. Indirect Procurement Indirect procurement involves purchasing items essential for day-to-day operations but not necessarily related to the company’s final product.

Management 52

Management Procurement supply chain budgeting Budget 52

Procurement Software

JULY 4, 2023

It can help organisations reduce costs, optimise supplier relationships and increase compliance. It also provides real-time data and analytics that can be used to improve purchasing decisions. These in turn can be used to inform better purchasing decisions and improve operational efficiencies. Will robots replace me?”

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Empowering CPO

JUNE 14, 2023

Introduction Welcome to the dynamic world of procurement, where businesses are constantly seeking innovative ways to manage their supply chains more efficiently and effectively. To leverage external expertise, reduce costs, and allow the company to focus on its core competencies.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Real-time Visibility 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50