World of Procurement blog

APRIL 23, 2024

From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands. This blog explores the types of technologies revolutionizing procurement, their benefits, and the return on investment (ROI) they deliver.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands. This blog explores the types of technologies revolutionizing procurement, their benefits, and the return on investment (ROI) they deliver.

Supply Chain Efficiency 52

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

ivalua

APRIL 6, 2020

In a previous blog we discussed the mounting humanitarian crisis that the Coronavirus, also known as COVID-19, had sparked globally and discussed considerations and steps organizations should take to mitigate the impact from disrupted supply chains.

Contract management 182

Contract management Contract Supply Chain Efficiency Logistics 182

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

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Sourcing Strategy Supply Chain Efficiency e2e 105

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! In this blog, we will explore the essential concepts and processes vital for beginners entering the field. Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! In this blog, we will explore the essential concepts and processes vital for beginners entering the field. Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

In the complex tapestry of global business, the mastery of procurement contracts represents a linchpin for securing the operational excellence and strategic advantage of organizations. The maestro of this symphony is the procurement contract, a document that when skillfully composed, ensures the performance soars to its optimal potential.

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Procurement contracts Contract Procurement Negotiation 52

IBM Supply Chain Blog

MARCH 29, 2024

Imagine a future where artificial intelligence (AI) seamlessly collaborates with existing supply chain solutions, redefining how organizations manage their assets. That’s the transformative promise of generative AI, which is beginning to revolutionize business operations in game-changing ways. Undoubtedly.

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Data Supply Chain Efficiency Management Supply Chain Optimization 91

World of Procurement blog

APRIL 23, 2024

Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers. Contract Management : Navigating, drafting, and managing contracts with vendors.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers. Contract Management : Navigating, drafting, and managing contracts with vendors.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency Inventory Strategy 79

Barkers Procurement

APRIL 11, 2024

IT Service contracts form a core element of most organisation’s spend. In this thought leadership piece, IT Procurement expert, Mark Elkington reveals top tips on how to negotiate an IT service contract successfully. During negotiation, changes to scope should be carefully tracked.

Negotiation 52

Negotiation Contract Supplier relationship management Suppliers 52

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

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Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Management 95

Management Procurement Contract management Supply Chain Optimization 95

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. The ultimate goal is to realize contracted savings and ensure that suppliers ‘perform to contract’. Procurement as end-to-end process owner .

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e2e Suppliers Procurement Contract 130

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Procurement Insights

JANUARY 22, 2024

Procurement Orthodoxy 3 – Repeatedly pushing out Payment terms Supplier Management During a Crisis (eWorld 2022 Special Podcast) – Procurement Insights (2022) NOTE: There are many reasons for a disconnect to occur between procurement and the supply network. ” – The Number 1 Question.

Supply Chain Optimization 71

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 71

The Good Spending

JANUARY 13, 2024

However, this blog isn't meant to hail perpetual licenses - it's all about IT procurement. 5 Possible Answers to the Problem Software Asset Management (SAM). SaaS demand management. SaaS demand management can help procurement identify cost savings opportunities, boost efficiency, and reduce risk. Contract management.

Contract management 59

Contract management Negotiation Contract Demand 59

IBM Supply Chain Blog

NOVEMBER 21, 2023

In this article, developer Michael Burgess provides an insight into the concept of schemas and schema management as a way to add value to your event-driven applications on the fully managed Kafka service, IBM Event Streams on IBM Cloud ® What is a schema? A schema describes the structure of data. What is a schema registry?

Real-time Visibility 107

Real-time Visibility Quantity Data Quality 107

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. Building strong supplier relationships to encourage favorable contracts and service is also a common goal. Some may not agree with the proposed changes.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Supply Chain Game Changer

MARCH 16, 2022

A Formula For Achieving Game Changing Results! Amongst other things a supply chain manager is responsible for ensuring that goods are delivered to the correct destination in a timely manner. In this blog post, we will discuss some of the most common mathematics problems that can impact a supply chain. Supply Chain Contracts.

Supply Chain Optimization 100

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 100

Procurement Leaders

DECEMBER 9, 2022

Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships. The other core challenge we face is the time we have to spend on relationship management vs contract optimisation.

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Suppliers Bill of materials Raw materials Supplier relationship management 147

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. It typically focuses on achieving dramatic, transformative changes to existing processes.

Supply Chain Efficiency 54

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 54

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. In supply chain management, acquisition typically implies a more comprehensive and strategic approach, often involving negotiations, contracts, and sometimes mergers or partnerships. Read More: What Does a Procurement Manager Do?

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

IBM Supply Chain Blog

OCTOBER 13, 2023

When you feel like you understand the changes, you might wake up the next morning to encounter something drastically different. Changes in customer needs and customer demand are happening as you read this, but lack of visible data might prevent you from realizing these changes in time to act on them.

Real-time Visibility 74

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency Inventory 74

IBM Supply Chain Blog

APRIL 1, 2024

Stacking strong data management, predictive analytics and GenAI is foundational to taking your product organization to the next level. It can also provide new product packages or contract terms that align with a customer’s past usage needs, identifying new revenue opportunities and improving customer satisfaction.

Innovation 85

Innovation Business strategy Data Strategy 85

Barkers Procurement

SEPTEMBER 17, 2023

Contract lifecycle management, often abbreviated to ‘CLM’ in procurement, is the management of contracts from the initiation right through to the termination or renewal of the contract. Contracts are crucial documents.

Contract 52

Contract Management Contract management Negotiation 52

SCMDOJO

FEBRUARY 13, 2023

This department manages the selection, acquisition, and payment of goods and services needed to run a business. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

ivalua

OCTOBER 4, 2021

In light of global trends and issues such as climate change and the Covid-19 pandemic, organizations are under increasing pressure to be socially responsible. According to Jones, although the pressing issue of climate change has been a primary driver of CSR, it’s not the only priority. Getting Business Priorities Straight.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability supply chain software solutions Suppliers 130

Zycus Cognitive Procurement

SEPTEMBER 13, 2022

This blog summarizes an exclusive on-demand webinar concluded by Zycus for the Nordics region with Bernard Gracia , Director & Dean at European Institute of Purchasing Management (EIPM) and Thomas Bioud , Regional VP, EMEA, Zycus. Changing Roles of Buyers. This was the first significant change in the buyers’ role.

Procurement 52

Procurement Buyers Leadership Agile and Lean Supply Chain 52

The Good Spending

DECEMBER 27, 2023

This is where I started digging deeper into the Agile agenda , thinking of finding repercussions with our professional life and blogging on related topics.  Our strategies and plans aren’t agile enough - not incremental, not flexible enough, and not fit for the fast course adjustment in response to the ever-changing business environment.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Demand Supply Chain Optimization Negotiation 52

Barkers Procurement

OCTOBER 2, 2023

Why A Procurement Managed Service Can Transform Your Business Procurement is about more than just acquiring goods and services at the right time and at the best price for your business. All of this takes real expertise, which you can access when you hire a procurement managed service to support you. Can you get them cheaper?

Management 52

Management Procurement Contract Contract management 52

Procurement Leaders

AUGUST 2, 2023

Never rely on CEST or automated IR35 tools, the critical ingredient is always the lower-tier contract, HMRC’s point of focus. There are some great new vendor management systems that will manage IR35 end-to-end compliance, and the UK’s HMRC will be announcing some radical changes to IR35 that will reduce the headaches for hiring companies.

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