Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain.

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Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

SCMDOJO

OCTOBER 30, 2024

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Done well, it can become a key driver of competitive advantage.

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Strategic sourcing Strategic sourcing Sourcing Procurement 98

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

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Suppliers Strategy Agile and Lean Supply Chain Ethics 246

ivalua

JUNE 29, 2020

We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating.

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

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Some of these challenges include limited: .

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Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 60

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

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Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

APRIL 24, 2025

Excess inventory weighs down supply chains. This lean model doesn’t sacrifice speed, but instead thrives on it. The Shift to On-Demand Production Models Modern supply chains need flexibility more than volume. It ties up capital, wastes storage space, and risks product obsolescence.

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Demand Inventory Agile and Lean Supply Chain Supply Chain Efficiency 98

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.

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Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

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Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

ivalua

MARCH 16, 2020

In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.

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Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

ivalua

FEBRUARY 24, 2021

Supply Chain Transformation is ongoing but never more important than in 2021. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains. What Will Impact Procurement Processes in 2021?

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Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Una

SEPTEMBER 6, 2022

Leveraging Lean Procurement. What is lean procurement? Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Applying the principles of the lean work methodology to procurement. Create strategic focus.

Agile and Lean Supply Chain 98

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

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

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Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 98

Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Growth Strategic supplier relationships are vital for supporting business growth.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain software solutions 52

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.

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Supply chain management Supply chain management Supply Chain Efficiency 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

Let's Talk Supply Chain

FEBRUARY 21, 2025

According to a report ‍by ch-aviation, supply chain issues have thrown a spanner in the works, pushing the EIS of the A350F to 2027. Logistics Disruptions: Supply chain disruptions, such as port congestions and transportation constraints, have hindered‍ the smooth flow of parts and materials.

Agile and Lean Supply Chain 52

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

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Supply Chain Game Changer

AUGUST 2, 2021

Subscribe to Supply Chain Game Changer. Plastic parts Supply Chain article and permission to publish here provided by Pat Guevara. Robust supply chains are crucial to your business operations. Eliminating weak points in your plastic parts supply chain is the best way to avoid costly setbacks.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 98

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

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.

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Leadership Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 54

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

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Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 98

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Leveraging Technology to Transform The Supply Chain.

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Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

ivalua

MARCH 24, 2021

This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. Digitization Benefit #1: Inter-Enterprise Collaboration .

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 130

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.

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

Let's Talk Supply Chain

APRIL 28, 2025

Supply chain is the unseen backbone that keeps operations running smoothly. Dollar Tree, known for its affordable products, has recently made a strategic move by appointing a seasoned executive to lead its supply chain division.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 59

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

Supply Chain Efficiency 130

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

Procurement Insights

JUNE 1, 2025

In fact, year after year, this one post continues to rank #1 among all posts in terms of reads: Managing Supply Chain Risk: The Nokia and Ericsson Case Study Case Study Recap Nearly a decade ago, lighting struck a Philips microchip plant in New Mexico, causing a fire that contaminated millions of mobile phone chips.

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Agile and Lean Supply Chain Risk Supply chain Suppliers 52

Procurement Insights

DECEMBER 11, 2024

Ensuring data security across the supply chain will become paramount, with procurement professionals playing a key role in safeguarding against cyber threats. Automation and the gig economy will lead to a core team overseeing a network of specialized contractors and automated systems, enhancing agility and responsiveness.

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Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

Procurement Insights

APRIL 4, 2025

Prompted by a question I had received from one of my readers regarding the impact of an M&A on procurement, and in particular the departments relationship with suppliers, I thought that I would share the following with you. If it did, then 85% of all e-procurement/supply chain initiatives would not fail.

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Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 81

Let's Talk Supply Chain

APRIL 17, 2025

Join us as we delve into Levi’s innovative supply chain strategies in the face of economic uncertainty. Supply Chain Optimization: Key to Levis Surgical Approach Levis strategic approach to navigating potential tariff-related price increases is centered around a precise and calculated‍ response.

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

Procurement Tactics

MARCH 16, 2023

Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods. Procurement Strategy This key element of strategic procurement is a long-term plan that ensures purchased goods and services from suppliers at the agreed terms, quality, and delivery time are cost-effective.

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Procurement Procurement strategies supply chain budgeting Contract management 238

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.

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Risk management Risk Suppliers Strategy 40

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. CFOs began to see procurement as critical to business continuity and organizational agility.

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

FEBRUARY 23, 2025

Amidst ever-evolving skies and challenges, Boeing, the aerospace giant, finds itself at a critical juncture ‍as it witnesses meaningful advancements in its supply chain operations. Let us delve deeper into the intricacies of Boeing’s supply chain advancement and its implications on the aviation industry.

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