SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Cost of ownership 79

Cost of ownership Procurement Category management supply chain software solutions 79

EazyStock

JULY 2, 2021

What is a Bill of Materials (BOM)? In its simplest form, a bill of materials (BOM) is a list of components, parts or materials required to manufacture, assemble or repair a product. Types of Bill of Materials. It often details engineering information such as raw materials. How do you make a Bill of Materials?

Bill of materials 52

Bill of materials Supply Chain Efficiency Quantity Supply Chain Optimization 52

Positive Purchasing

SEPTEMBER 5, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan works with global blue-chip organizations to help transform their procurement capability. So, we did a swift 90º proposition reboot and became a business helping big global organizations be really good at procurement and negotiation.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Una

NOVEMBER 14, 2022

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. Did the pandemic already write procurement’s future? By Eric Edwards | November 15, 2022.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

World of Procurement blog

MAY 8, 2024

The types of contracts that typically require robust management include: Procurement contracts - Agreements with suppliers and vendors for goods, services, and materials. Effective contract management provides numerous benefits for companies across industries. Non-disclosure agreements (NDAs) - Contracts requiring confidentiality.

Contract management 52

Contract management Contract Management e2e 52

Supply Chain Game Changer

MAY 11, 2022

When procuring materials and handling the logistic, you probably haven’t had the time to update your marketing strategy and let it slip through the cracks. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Create a Digital Marketing Strategy for a Logistics Company! What Is Digital Marketing?

Buyers 96

Buyers Strategy Competitive analysis Supply chain 96

Zycus Cognitive Procurement

FEBRUARY 14, 2022

In the world of Procurement, many things can be taken for granted. In this blog, we will highlight some high-risk areas that need fixing and ways you can go about building better supplier relationships. One such thing is your suppliers and their ability to provide as and when needed. Why now, you may ask.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. This often includes how a procurement manager goes about ordering and paying for something. What is procurement?

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Supply Chain Efficiency 16

Supply Chain Efficiency Purchase orders Procurement Bidding 16

Positive Purchasing

DECEMBER 6, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. Last year they were the fastest growing supermarket in the US and were named the UK’s favourite supermarket.

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Supply Chain Game Changer

NOVEMBER 19, 2018

Blog post originally published by, and permission to publish here provided by, Kuebix at [link]. Check out Procurement Experiences, Trends and the Future! Subscribe Here! Email Address. Digital transformation of the supply chain will change everything – for the better.

Supply Chain Efficiency 45

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 45

EazyStock

SEPTEMBER 25, 2018

In this blog, the team at EazyStock will be showing you the most exciting logistics and supply chain mobile applications that will make your job even easier. This task-management app is especially good for complicated projects that need a rigid structure, allowing you to track projects to completion.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting supply chain software solutions Supply Chain Efficiency 78

World of Procurement blog

APRIL 23, 2024

Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Blog post and permission to publish provided by Milan Vyas. Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. Subscribe Here! Email Address.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Supply Chain Analytics 121

Supply Chain Analytics Supply Chain Optimization supply chain software solutions supply chain budgeting 121

The Thomas Blog

AUGUST 24, 2022

A lot of it depends on what type of materials, products, services, or company is needed, but at a high level, the complete industrial buying process actually involves six distinct phases: The buyer defines a need for a product or service. No matter your role — sales, marketing, operations, or leadership — you have a lot to accomplish.

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 27, 2023

Introduction Unleashing the Power of Spend Analysis for Procurement Success In the world of procurement, data is the key to unlocking strategic decision-making and maximizing cost savings. Spend analysis, the process of comprehensively evaluating an organization’s expenditures, plays a pivotal role in driving procurement success.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Procurify

JULY 4, 2022

Purchasing and procurement problems can be costly. In this guide, we’ll walk you through ten purchasing issues and how you can solve them. . How to fix this procurement challenge. How to fix this procurement challenge. Written by: Stella Inabo. However, mistakes happen. Purchasing Duplicate or Excess Items by Mistake.

Real-time Visibility 59

Real-time Visibility Procurement Budget Purchasing 59

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. This is an annual occurrence.

supply chain software solutions 52

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

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. This is an annual occurrence.

supply chain software solutions 52

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

SupplyShift

OCTOBER 13, 2021

Procurement is emerging as a particularly helpful and strategic function to sustainability efforts and setting supply chain sustainability goals. Procurement is emerging as a particularly helpful and strategic function to sustainability efforts and setting supply chain sustainability goals. So where do you start?

Sustainability 52

Sustainability Supply Chain Efficiency Supply chain Supply 52

SupplyShift

OCTOBER 13, 2021

This guide will show you how to take a deeper dive into each of these four areas regardless of your current level of supply chain sustainability awareness. . Procurement is emerging as a particularly helpful and strategic function to sustainability efforts and setting supply chain sustainability goals. So where do you start?

Sustainability 52

Sustainability Supply Chain Efficiency Supply chain Supply 52

EazyStock

AUGUST 9, 2022

When the cost of raw materials and finished goods starts to soar, it’s critical for wholesalers and distributors to control their operational costs to remain competitive and achieve decent profit margins. The importance of distribution software. Distribution software benefits. Finding optimal healthy stock levels isn’t easy.

supply chain software solutions 52

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

World of Procurement blog

JUNE 17, 2021

For this article, we’re going to focus on Contract Management related to your Supply Chain Contracts, or Procurement Contracts. So many people out there in the World of Procurement do not realise that businesses that do contract management properly are the ones who do it for both the pre-signature and the post-signature contract activities.

Contract management 52

Contract management Contract Management Contract administration 52

Empowering CPO

JUNE 27, 2023

Introduction In the complex world of procurement, where every penny counts, gaining a deep understanding of your organization’s spending habits is crucial to unlocking value and maximizing savings. Why is spend analysis so important in procurement? Imagine trying to navigate a labyrinth without a map or compass.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

Supply Chain Action Blog

JULY 8, 2021

Imagine that Amanda (a completely imaginary person) is a demand planner at Kool Komfort Foods ( a completely imaginary company , also branded as K2), a nationwide producer of healthy comfort foods. She got her bachelor’s in Mechanical Engineering about five years ago. Amanda’s company just bought a commercial forecasting package.

Demand Planning 40

Demand Planning Demand Supply Chain Optimization Agile and Lean Supply Chain 40

Bonfire

FEBRUARY 24, 2022

Government projects rose 39% during 2021 as signs of an exit from the pandemic were felt across the globe. And late last year, U.S. Congress passed a monumental $1.2 trillion Infrastructure Bill to help rebuild America. That’s great news if you’re a contractor or operate in the construction industry! to rebuild core infrastructure.

Bidding 52

Bidding Contract Buyers Strategy 52