Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

HICX

JUNE 9, 2025

AI is transforming procurement and supply chains by shifting operations from reactive, manual processes to proactive, intelligent systems. In procurement, AI enables smarter sourcing by analyzing spend data, supplier performance, and market conditions to identify savings opportunities and recommend optimal sourcing strategies.

Suppliers 40

Suppliers Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 40

Planergy

MAY 8, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Predictive tools help teams flag supplier vulnerabilities early and make smarter sourcing decisionsleading to a 20% improvement in risk management outcomes.[7] “5 Procurement Best Practices to Improve Strategic Sourcing.”

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

Future Purchasing

FEBRUARY 25, 2025

Public procurement departments are navigating a complex landscape of challenges, including regulatory shifts, inefficiencies, difficulty building resilient supply chains, and an increasing demand for sustainability and transparency. Inflation creates budget pressure, meaning teams must deliver more with less.

Innovation 52

Innovation Supply Chain Efficiency Procurement Category management 52

Jaggaer

APRIL 9, 2025

These integrations bring a range of benefits including improved quality control, better decision-making, greater supply chain resilience, increased efficiency and reduced downtime. Your budget obviously plays a big role in your considerations too. Future Trends in MES Industry 4.0,

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

Procurement Insights

MAY 10, 2025

In procurement, this might translate to better supplier negotiations or sourcing strategies, especially for tariffs. Benefit: Improved sourcing could yield 510% cost savings on annual spend. Tariff Mitigation and Risk Management: Hansens insights on supply chain risk (e.g., Sourcing savings: $2.5M (5% on $50M spend).

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Federal and global regulations are forcing manufacturers to make fundamental changes in the way they source materials, use energy, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. Budgeting several thousand pounds is a realistic starting point.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Supply Chain Game Changer

OCTOBER 8, 2020

Prediction 1: By the end of 2021, half of all manufacturing supply chains will have invested in supply chain resiliency and artificial intelligence, resulting in productivity improvements of 15%; Prediction 2 : By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, (..)

Supply Chain Efficiency 86

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 86

TYA Suite

MAY 3, 2025

You want to see spending trends, , and budget use in one place. Being able to monitor spending, , and budget usage in one dashboard helps prevent cost overruns and ensures we're getting the best deals. Real-time budget tracking is another big one. Another critical feature is real-time data visibility. Everything else is extra.

supply chain software solutions 40

supply chain software solutions Real-time Visibility Procurement Supply Chain Efficiency 40

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

TYA Suite

NOVEMBER 15, 2024

This leads to more accurate budgeting and financial stability. It should designate roles and responsibilities within the organization, establish protocols for communicating with stakeholders, and include contingency plans for sourcing materials from alternative suppliers. Additionally, with industry regulations is a key concern.

Risk management 40

Risk management Risk Suppliers Strategy 40

SCMDOJO

DECEMBER 17, 2024

However, it also covers core topics, including essential topics such as supply chain basics , demand planning and forecasting , inventory management , procurement , sourcing , logistics, transportation , etc. Based on these factors, lets differentiate CSCMP and Sb.

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Supply chain 52

Supply Chain Game Changer

MARCH 18, 2021

Porter’s Value Chain and modeling of the value chain became the widely-accepted model for strategically aligning an organization, cross-functionally, in order to deliver a valuable product or service to the market. Lack of support from senior leadership, and failure to secure budget is no winning formula for procurement excellence.

Procurement team 72

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 72

The Procuretech Podcast

JUNE 18, 2024

Highlighting 25 innovative European-based procurement startups, the episode provides valuable insights into emerging players who don't necessarily have the marketing presence and events budget of larger companies. We explore: Apadua offers AI-powered sourcing solutions for professional services.

supply chain software solutions 40

supply chain software solutions Procurement supply chain budgeting Eprocurement 40

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Zycus Cognitive Procurement

DECEMBER 16, 2022

The forum served as a platform for Chief Procurement Officers (CPOs) and other procurement and sourcing leaders to share their vision about leveraging data-driven insights to create flexible and resilient supply chains. Lack of budget. Developing supply chain resiliency. Maybank, Malaysia. .

supply chain budgeting 40

supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

Barkers Procurement

FEBRUARY 27, 2023

Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8. All of this has put inflationary pressures on the economy overall, driving costs up.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply chain Risk 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. Sociopolitical Risks When politics and government change drastically, it has the potential to wreak havoc on your current supply chain.

supply chain software solutions 52

supply chain software solutions Risk supply chain budgeting Supply Chain Efficiency 52

Procurement Insights

JUNE 1, 2025

The theory distinguishes itself from general signal detection by emphasizing the importance of identifying relationships between disparate data sources that individually might not indicate risk but collectively reveal emerging threats. Overall: Enhanced supply chain robustness, cost savings, and competitive edge in drug delivery.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Raw materials Supply Chain Optimization 52

EazyStock

DECEMBER 13, 2020

Supply chain volatility has been impossible to avoid with the advent of Coronavirus. Here are a few strategies to implement to support supply chain resilience and make your supply chain as responsive, robust and agile as possible. Optimize Inventory. Improve Demand Forecasting.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 98

Arkestro

MAY 29, 2025

According to The Hackett Group, procurement executives expect workloads to increase by 10% in 2025 while budgets grow by just 1%. Without modern tools to act faster and scale influence, procurement teams have struggled to contribute meaningfully to business growth, supply chain resilience, and sustainability goals.

Procurement team 52

Procurement team Influencing Agile and Lean Supply Chain Procurement 52

Procurement Insights

MAY 31, 2025

Why / Why Not COVID-19 Pandemic (2020) Partially Predictable (Gray Swan) SARS, MERS, and H1N1 had already exposed vulnerabilities in global health supply chains and just-in-time logistics. Hansen’s theory would highlight dependencies on single-source PPE manufacturing (e.g., CDC budget cuts) were known vulnerabilities.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply chain 52