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Agile and Lean Supply Chain Risk management Supply Chain Efficiency Sustainability 
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.
IBM Supply Chain Blog
MAY 1, 2024
Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. Generative AI, with its ability to autonomously generate solutions to complex problems, will revolutionize every aspect of the supply chain landscape.
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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.
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.
ivalua
APRIL 27, 2023
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. To do so, we need to get creative and curious.ā
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Procurement Leaders
APRIL 6, 2023
That said, the biggest challenge remains going deep into your supply chain. UCB’s changing supply chain We have a categorisation beyond whether a supplier is strategic or not. Sometimes we say there is no alternative available, while it might be that the alternative is simply not the most cost-efficient.
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?
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.
ivalua
APRIL 27, 2023
CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Those are three hot topics in the enterprise today.
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.
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. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. The result?
Supply Chain Game Changer
MAY 9, 2022
Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? There are a lot of companies in the supply chain, and they all work together to make almost every product that comes into contact with a customer. This is the idea behind supply chain management.
Procurement Tactics
JUNE 28, 2023
Sustainable Procurement Maintain high profitability while moving toward sustainability 4. 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. Procurement Tracking: Why is it Important?
World of Procurement blog
MAY 8, 2024
Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Increases efficiency by standardizing, streamlining, and automating processes.
Procurement Heads
APRIL 26, 2023
I studied procurement and obtained a Masterās degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.
Procurement Heads
APRIL 26, 2023
I studied procurement and obtained a Masterās degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.
Procurement Tactics
JUNE 28, 2023
Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.
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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.
ivalua
MAY 1, 2020
The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.
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.
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. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliabilityā), but is that really āsupply chain thinkingā?
Procurement Leaders
DECEMBER 9, 2022
With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.
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IBM Supply Chain Blog
JANUARY 30, 2024
In the last post , we looked at creating a blueprint for a sustainable data center. Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus. Now we’ll look at how to get the most out of a modern data center.
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ivalua
MAY 9, 2023
As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. Furthermore, their rapidly shifting nature requires a new level of agility. The same applies internally.
NLPA (Next Level Purchasing Association)
SEPTEMBER 8, 2023
A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.
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Let's Talk Supply Chain
NOVEMBER 9, 2023
ļ»æ Last week on episode three of our WiseTech Global mini-series, we tackled one of supply chains most difficult, yet most important, topics ā risk. One of the many lessons that the pandemic taught us was the importance of ensuring that robust risk management is incorporated into our supply chain strategies.
Empowering CPO
JULY 16, 2023
Procurement extends beyond simple purchasing to include activities such as sourcing, negotiation, contract management, and supplier relationships. The Importance of Managed Procurement Services Managed procurement services bring much-needed expertise, strategic vision, and efficiency to the intricate process of procurement.
Procurement Software
MARCH 11, 2022
Most experienced Procurement Managers donāt enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing ābusy work” This is not an effective or efficient use of their time.
Spend Matters
DECEMBER 21, 2023
AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.
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. Optimized supply chains lead to improved profit margins.
Arkestro
MAY 23, 2023
Today, the right procurement software can streamline procurement processes and help procurement managers level-up their current methods of addressing common problems such as project delays, quality control, sustainability, and risk management. Construction procurementās problems have been accelerated.
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Una
JULY 18, 2023
Familiarity with procurement software platforms , e-procurement systems, and vendor management systems is a must. These tools streamline processes, enhance efficiency, and ensure better collaboration with suppliers and stakeholders. Develop an understanding of risk assessment methodologies and tools.
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Zycus Cognitive Procurement
SEPTEMBER 15, 2022
This is to enable greater autonomy and agility. . Focus on supplier relationships with a key focus on the sustainability agenda. Accordingly, the time is right for procurement to take centre stage and create benchmark KPIs to ensure sustainability in global supply chains. Risk management.
Empowering CPO
JULY 16, 2023
Procurement extends beyond simple purchasing to include activities such as sourcing, negotiation, contracts management, and supplier relationships. The Importance of Managed Procurement Services Managed procurement services bring much-needed expertise, strategic vision, and efficiency to the intricate process of procurement.
Procurement Software
MARCH 11, 2022
Most experienced Procurement Managers donāt enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing ābusy work” This is not an effective or efficient use of their time.
NLPA (Next Level Purchasing Association)
OCTOBER 17, 2022
Continuous Improvement and Risk Management Systems have long been essential to realizing supply chain and organizational success. This is especially true at a time when organizations are preoccupied with ensuring reliable supply lines, cost reduction, risk mitigation, business continuity, and so on. .
SCMDOJO
MAY 7, 2024
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world.
Zycus Cognitive Procurement
JANUARY 24, 2023
With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Still, 50-67% of the companies failed to change their risk management standards.
Una
APRIL 13, 2023
Rather than telling them exactly what you want, you lean on their experience by asking them to recommend a suitable cut of beef. Like the butcher, your strategic suppliers can offer cost-savings ideas , efficiencies, and will know and understand your needs much better than a transactional supplier.
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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.
Empowering CPO
JULY 17, 2023
Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility. Managed Procurement Services provide the much-needed support businesses require to navigate the complex procurement landscape efficiently and effectively.
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Empowering CPO
JULY 17, 2023
Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility. Managed Procurement Services provide the much-needed support businesses require to navigate the complex procurement landscape efficiently and effectively.
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Empowering CPO
JUNE 14, 2023
It’s no longer about simply obtaining goods and services at the lowest cost, but also about adding value to the organization, reducing risks, enhancing sustainability, and promoting social responsibility. This is not just about understanding the current trends, but about envisioning the future of procurement.
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Zycus Cognitive Procurement
SEPTEMBER 16, 2022
The theme of the discussion was how supplier risk management is one of the most sought solutions out there. Risk Management. This will not only help you in identifying risks at their onset but also help you prepare in case of a contingency. We recently concluded a star-studded webinar with Ms.
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