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Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supplychain enthusiasts’ diverse needs. As you know, the supplychain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field.
Attend negotiation seminars or webinars. Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals. Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions. LEED Green Associate).
As the demands on supplychains continue to increase, so do the expectations of consumers. Supplychains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.
EDITOR’S NOTE: The following are the details for an upcoming Webinar on “Reinventing Procurement” that I will be attending. With rising expectations, shrinking budgets, and growing exposure to price risk and supply disruption, todays procurement leaders are tasked with delivering strategic impact at speed and scale.
In this webinar, supplychain industry experts share insights and best practices for enhancing supplychain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supplychain maturity and save on costs.
As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. Businesses are moving and changing at an incredibly rapid pace, and supplychains are becoming increasingly complex. AI is reshaping the way organizations source, manage suppliers, and drive value today.
During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. View Webinar Replay. Impact from Covid-19 will be massive.
The pandemic wreaked havoc on businesses and their supplychains, 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.
To help you address these challenges, hear how global 3PLs/carriers efficiently balance customer experience and operational costs by leveraging intelligent delivery management tools. Key Webinar Takeaways: How to make delivery experience personalized by offering slot-based deliveries/returns & generate accurate ETAs.
We conclude that different types of loans may help e-commerce supplychains. Grown from the concept of the e-commerce supplychain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.
Budgeting, an essential pillar of financial planning for organizations, often presents a unique dilemma known as the “Budgeting Paradox.” ” Ideally, a budget should give the most accurate and timely idea of anticipated revenues and expenses. It’s not about dismissing traditional budgeting.
The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. This was the focus of a webinar that took place on March 26. Externally, risk and compliance obligations mount, supplychains are stretched and stakeholder expectations broaden.
And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supplychain disruptions, and rapid inflation. Risk Metrics.
The root causes of these issues often stem from a clash of the following critical SupplyChain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of SupplyChain Management in simple how-to-do steps. Flawed Processes.
In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with SupplyChain Planning” , I will discuss the future of xP&A and supplychain planning. In the 80s, the supplychain developed a process called Sales & Operations Planning (S&OP).
In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with SupplyChain Planning” , I will discuss the future of xP&A and supplychain planning. Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast.
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supplychain resilience and continuity, reducecosts and protect the bottom line. Modernize your SVM software to deliver on these goals and help your supplier ecosystems be agile, ethical and reliable.
So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supplychains. in the 2021 study to 10.9%.” The full report can be downloaded here.
Can the complex global supply network survive the COVID-19 pandemic? Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supplychains.
Pierre Mitchells Profile: Leads procurement research at Spend Matters, with 30 years of experience in supplychain and digital transformation, per Spend Matters (2022). Advocates for clean data as critical for agility and resilience, per Tealbook (2021), and coined guided buying, focusing on tech-enabled processes, per LinkedIn.
This results in better negotiation outcomes, improved quality, reducedcosts, and enhanced overall value delivery. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.
With the increasing complexity of supplychains 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 reducingcosts while maintaining the quality of goods and services.
Complex and Global SupplyChains In 2025, supplychains are more complex than ever due to globalization, digital transformation, and changing regulations. The pace of business in 2025 requires quick decision-making and operational agility. This is where Vendor Management Tools (VMS) become essential.
Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. Watch the on-demand webinar . A: Cost is a huge factor in determining what technologies and tools your company uses. Sign up f or the free webinar.
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