SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 75

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 75

Procurement Tactics

JULY 2, 2023

Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation. To continue to optimize procurement processes, implement these lessons in future job orders.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 76

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 76

World of Procurement blog

MAY 8, 2024

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. How can procurement help achieve those aims through better supplier relationships and spending optimization?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Spend Matters

JUNE 19, 2023

PO orchestration The ability to optimize ordering efficiency while supporting category needs and remaining compliant with budgets, contracts and accounting. They have a supplier portal that facilitates collaboration between buyer and supplier by using message boards, PO confirmations, status updates, etc.

Procurement solutions 84

Procurement solutions Procurement supply chain budgeting Real-time Visibility 84

Procurement Software

JANUARY 23, 2024

Specific and sustainable supplier catalogues are included, allowing users to benefit from Hivebuy’s bulk buyer conditions. Meanwhile, charts and analysis features give you a ready overview of orders, expenses, and their development, providing insights and optimising your resources. It features numerous modules for price management.

Procurement 52

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