Remove Budget Remove Demand Planning Remove Purchasing Remove Supply Chain Optimization
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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

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Leveraging Lean Procurement

Una

Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. Reducing paperwork such as lengthy RFP documentation to a lean canvas (otherwise known as a “plan on a page”). What about lean supply chain management?

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Business Success with Sales & Operations Planning (S&OP)

NLPA (Next Level Purchasing Association)

The executive component of S&OP is the eS&OP, where top management, middle managers, and specialists meet to balance supply and demand, align operational and financial planning, connect strategic planning with day-to-day sales and operations, and establish policy, strategy, risk, and budget changes via a disciplined discussion.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

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Working Capital: What Is It, How To Calculate, and Why It’s Important

Planergy

Remember that this number should always be positive; if it isn’t, you may need to adjust your budget or restructure some of your debt payments to ensure adequate business liquidity. You can accomplish this by negotiating discounts with the most important suppliers in your supply chain, or finding suppliers who offer better pricing.

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