Strategic Sourceror

JANUARY 20, 2023

High inflation has been one of the lingering consequences of the COVID-19 pandemic. Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. According to the U.S. over the previous 12 months.

supply chain budgeting 62

supply chain budgeting Raw materials Supply chain Supply 62

ivalua

MAY 1, 2020

As I write this blog, the COVID-19 pandemic continues to ravage populations and economies around the world. Others may still be applied to help businesses better manage the effects of the crisis. Others may still be applied to help businesses better manage the effects of the crisis. Spend under management is key.

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Una

NOVEMBER 14, 2022

COVID permanently changed the procurement game. COVID was no different. But COVID did author the introduction to “The Future of Procurement.” Now, it’s up to innovative companies to chart procurement’s future path. Now, it’s up to innovative companies to chart procurement’s future path. But then came COVID-19. (

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

Zycus Cognitive Procurement

AUGUST 23, 2022

The impact of the Covid 19 pandemic, strict compliance and regulatory policies, political instability, environmental impacts, and stringent ESG compliances has shaken the fundamental baseline of our supply chains and procurement function. 5) Identify measures for Risk Management. Forrester Research Inc.

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Strategic Sourceror

FEBRUARY 10, 2023

But since COVID-19, motor carriers have also been battling a parts shortage, further pushing them behind the proverbial eight-ball. This includes Magnus Koeck, vice president of strategy, marketing and brand management for Volvo Trucks North America. Jerry Revich, head of U.S.

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Supply Chain Efficiency Consumer demands Strategic sourcing Strategic sourcing 90

Supply Chain Game Changer

OCTOBER 14, 2021

The COVID-19 pandemic has been nothing short of a Black Swan event for the world economy—namely the many supply chains that power it. How they respond to them will dictate how the companies they represent—and the world at large—reestablishes its economic foundation after COVID-19. Rising fuel and freight costs.

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Arkestro

MAY 30, 2022

Harvard Business Review has a number of articles that provide an excellent primer on the background of procurement in the health and pharma industries and the extraordinary challenges they have faced during the COVID-19 pandemic. It was clear JIT models needed to be updated and alternative suppliers were needed.

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Barkers Procurement

JANUARY 22, 2023

COVID-19 has created a plethora of challenges. Suppliers are struggling, and the last mile delivery stage in distribution is also becoming problematic. The service provider’s knowledge of category management, and the use of digital procurement tools, can help you pre-empt these challenges.

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supply chain budgeting Procurement Category management Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 5, 2021

As everyone in Supply Chain Management knows today, the field has come a long way. It’s something we’ve written about a lot on the Argentus Blog. Risk mitigation, innovation through supplier collaboration, and increased sustainability have also driven Supply Chain’s strategic value – but they’ve taken a back seat to efficiency.

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Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

HICX

FEBRUARY 15, 2024

This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability. Not only can this lead to consumers opting for a competitor, but it can also lead to business partners deciding to pursue alternative business relationships.

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Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

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Zycus Cognitive Procurement

JANUARY 24, 2023

They must collaborate with business leaders to establish strategic plans, which support enterprise goals of strengthening relationships with existing and new suppliers. Shortages in raw materials, energy, shipping, and labor required that CPOs performed at the top of their game to ensure business continuity.

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Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

ivalua

MAY 21, 2020

This article was originally posted on the SIG blog. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And we can run security checks on suppliers to make sure we don’t experience a cyber incident with a company that’s under contract.

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Supply Chain Collaborator

APRIL 14, 2020

Collaborate with your carrier partners to determine the strength of your relationship and each carrier’s appetite for delivering capacity to you when it matters most. Diversifying the array of suppliers within the supply chain is as important as diversifying the carriers within the network. Identify Potential Risks.

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HICX

AUGUST 11, 2022

The last years have seen a fundamental and permanent shift in supply chain relationships and leading organizations recognize that their future growth relies on the strength of their supplier base. As such, SXM aims to identify and remove friction points for all suppliers. Higher levels of efficiency.

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Arkestro

NOVEMBER 14, 2023

Resources / Blog / Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry Thanksgiving is one of the most important holidays for the food and beverage industry in the U.S. Last year, the holiday brought in $2.8 since 2019.

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supply chain budgeting Food and Beverage Supply Chain Supply Chain Optimization Procurement 52

Arkestro

NOVEMBER 16, 2023

Resources / Blog / Procurement: The True Hero of the Retail Holidays Procurement: The True Hero of the Retail Holidays It’s the most wonderful time of year! This blog will take a closer look at how Black Friday came to be, what it takes to make it happen, and how retailers can prepare for potential issues during the holiday season.

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Procurement supply chain software solutions Raw materials Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 27, 2020

Several months into the COVID-19 pandemic the talk of a settled “new normal” gives us hope for stability and a return to what was before. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The topic is high on the agenda of supply chain professionals as they plot the course forward.

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EazyStock

MARCH 14, 2023

As the global world economy has continued to recover completely from the aftermath of the Covid-19 pandemic, and with a subsequent war with Russia’s invasion of Ukraine and rising inflation, many stock-holding companies are having a hard time. 4 Tips for stock-keeping companies during an economic downturn 1.

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Strategy Supply Chain Optimization Inventory supply chain software solutions 52

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. Countries across the globe are responding to COVID-19 in different ways, causing the demand and supply of goods to fluctuate up and down.

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Zycus Cognitive Procurement

JANUARY 12, 2021

The process of source to contract starts with analyzing the requirement, developing a sourcing strategy, contract negotiations, contract implementation, and supplier performance management. As we witnessed during the Covid-19 pandemic, companies were unprepared for and were severely affected by the unexpected occurrence.

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Supply Chain Game Changer

JUNE 10, 2020

What is Supplier Relationship Management (SRM)? Side Note: we’re talking about pre- or post- COVID 19 of course). There’s often not many seconds between the proposition of eating out, and a frantic barrage of mobile searches on various review sites, blog posts and news articles. It’s exciting to eat out.

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EazyStock

JANUARY 17, 2022

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. In 2022, key supply chain management trends all lean towards building supply chain resilience. In 2022, key supply chain management trends all lean towards building supply chain resilience.

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

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.

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

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. ABC/XYZ analysis can help identify the most valuable items to your business.

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

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.

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

Supply Chain Game Changer

JUNE 8, 2021

Your customers will tell you what you need to do Don’t overthink things – take action early Communicate, communicate, communicate Be absolutely clear on roles and responsibilities With new Customers, manage expectations from the start Have the courage of your convictions. Bryce Boothby, Board Advisor and Consultant. Be curious.

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Zycus Cognitive Procurement

DECEMBER 11, 2020

In this blog, we note discussion points during the webinar elaborated upon by Richard. Although we will see a reduction in some tactical roles, this will be offset by increased resources deployed in strategic areas – relationship management, statistical, and data analysis.

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Procurement Data Procurement strategies Management 40

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Craig Vaream, Managing Director, J.P Craig Vaream, Managing Director, J.P The need for better risk management and business continuity program. As the Covid-19 stretched, consulting firm McKinsey & Company surveyed 900 business leaders about their digital transformation efforts. Advances in technology.

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Real-time Visibility supply chain budgeting Supply Chain Efficiency Budget 40

Planergy

AUGUST 18, 2023

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. The Evolution of Office Management Educational Requirements for an Office Management Position Office Manager Skills What Does an Office Manager Do?

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Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. The Evolution of Office Management Educational Requirements for an Office Management Position Office Manager Skills What Does an Office Manager Do?

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Management Budget Collaboration Spend management 52

Arkestro

NOVEMBER 7, 2023

Resources / Blog / How to Transform Procurement into a Strategic C-Suite Player How to Transform Procurement into a Strategic C-Suite Player Procurement is at a crossroads. A New Paradigm in Procurement In 2023, an overwhelming 95% of manufacturers plan to ask their suppliers for cost reductions. The result?

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The Thomas Blog

AUGUST 24, 2022

We have more than 120 years of expertise in connecting industrial buyers and suppliers, and we're happy to help share all we've learned from our data and relationships over the years. From a supplier's perspective, the industrial buying cycle is a two-step process: 1. The buyer evaluates potential suppliers.

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EazyStock

JULY 17, 2020

In our four-part blog series on Coronavirus and its impact on inventory management , so far we’ve looked at how to overcome COVID-19 demand forecasting challenges and improving inventory planning during the pandemic. Global Supply Chain Disruption due to COVID-19. Supplier Communication.

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IBM Supply Chain Blog

JANUARY 31, 2024

The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. Think of it this way: sourcing is the “who” (the suppliers themselves) and procurement is the “what” (goods and services). Insourcing The most suitable suppliers may be in house.

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Strategic Sourceror

MAY 12, 2022

Partner with several suppliers When you've maintained a stellar business relationship with an entity that has the materials you need for development — and they've always come through — using more than one supplier may seem superfluous. In other words, nothing is a guarantee, even your most reliable suppliers.

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supply chain software solutions Supply Chain Efficiency Supply chain Strategy 52

Zycus Cognitive Procurement

NOVEMBER 16, 2021

What Covid-19 did to firms globally is no secret. To answer this, I would like to quote Len Prokopets, Managing Director of KPMG’s procurement practice notes, most AI procurement solutions are “not reducing headcount, but driving improved results.”. Thus, a need to develop ERPs came into existence.

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