Procurement Insights

APRIL 9, 2025

Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Impact : Lowers supply chain disruption risks by 3040% , ensuring smoother implementations.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. These purchases often support the businesss core operations or growth plans, such as acquiring raw materials, key technologies, or entering supplier partnerships.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Supply Chain Game Changer

SEPTEMBER 29, 2020

Subscribe to Supply Chain Game Changer. In our experience the best way to systemically, and sustainably, optimize inventory is to take a process based inventory turnover improvement approach. Raw Material Management. Buyers historically purchased materials in a very indistinguishable manner.

Inventory 98

Inventory Raw materials Supply Chain Optimization Demand 98

SCMDOJO

JUNE 3, 2025

Digital estimators help manufacturers avoid all sorts of disruptions from predicting shipping fees to sourcing raw materials. Retail Supply Chains: Procurement teams can negotiate better deals thanks to the transparent data they receive when their digital estimator analyzes bulk order pricing in an instant.

Procurement 54

Procurement Supply Chain Efficiency supply chain budgeting Budget 54

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 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

SCMDOJO

AUGUST 4, 2023

By implementing effective inventory management and inventory reduction strategies, you can optimize your operations, enhance customer satisfaction, and ultimately boost your bottom line. Following the ever-changing nature of businesses, optimal cost control has not always taken the front seat in the priority list.

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

Una

MARCH 6, 2023

Go beyond supplier collaboration to true partnership Procurement professionals often speak about their strategic suppliers as “partners,” but the relationship is still essentially that of buyer and vendor. A true partnership involves pooling resources to create new value.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

Arkestro

JUNE 25, 2024

Resources / Blog / Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro For the oil and gas industry, the last few years have been anything but easy. Within these touch points are many other varied points.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

Supply Chain Optimization 52

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

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Supply Chain Game Changer

DECEMBER 18, 2020

Subscribe to Supply Chain Game Changer. Those bills might be for things like: Raw materials with which you make your products Various services your business needs to keep running smoothly. You want to be able to quickly pay any company or individual that supplies your business with whatever it needs to survive and thrive.

Raw materials 95

Raw materials supply chain software solutions Supply Chain Optimization Purchasing 95

Supply Chain Action Blog

FEBRUARY 25, 2021

In most manufacturing firms, the largest single expenditure of cash is for the acquisition of raw materials and their transformation and distribution , namely, the cost of goods sold. Supply chain planners or buyer/planners are people who must determine how much should be procured, when, and where.

Raw materials 52

Raw materials Inventory Supply Chain Optimization Bill of materials 52

Skill Dynamics

NOVEMBER 4, 2022

These factors create a challenging landscape for supply chain professionals, who need to ensure that raw materials or parts are in the right place, at the right time in the right quantities to enable production and meet consumer demand. What’s behind the shift to DDMRP?

Demand 52

Demand Agile and Lean Supply Chain Management Supply Chain Optimization 52

Slimstock

MARCH 26, 2019

This might seem like a simple and obvious way to improve your procurement operations, but maintaining a positive supplier-buyer relationship is a vital component in ensuring good delivery, service, and quality. Chat with one of our friendly customer service reps today to learn how we can help optimize your inventory.

Procurement 66

Procurement Chief Procurement Officer Raw materials Supply Chain Optimization 66

Procurement Software

JULY 9, 2024

Direct procurement involves acquiring raw materials and components essential for your production process. Procurement tools for direct spend need to be tailored to work with your supply chain, quality and production teams. How does tech for direct and indirect procurement differ?

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 66

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 66

Supply Chain Game Changer

NOVEMBER 25, 2018

The model is designed to help financial services companies map buyer personas, simulate “future selves” and anticipate customer behavior. Here, you have bots that map the decisions made from automotive players, such as car buyers and manufacturers, and transportation services providers. Customer Relationship Management (CRM).

Supply Chain Efficiency 69

Supply Chain Efficiency Agile and Lean Supply Chain Buyers supply chain software solutions 69

Pipefy

JANUARY 31, 2023

A centralized team operating as a center of excellence is responsible for strategy, knowledge sharing, and supply chain optimization, which in turn empowers those in charge of more tactical and transactional front-line purchasing roles. This center-led or coordinated procurement model is made up of cross-functional teams.

Purchase orders 59

Purchase orders Purchasing Procurement Quantity 59

Positive Purchasing

SEPTEMBER 5, 2023

Jonathan: We set the business up because we were convinced the World needed and was ready to embrace sustainability in both immediate suppliers and right down their extended supply chain – and a heap of conversations with prospective clients confirmed that this was indeed the case.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Jaggaer

JANUARY 14, 2020

Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a st reamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain.

Supply Chain Efficiency 40

Supply Chain Efficiency Raw materials supply chain budgeting Supply Chain Optimization 40

Supply Chain Game Changer

APRIL 26, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 52

Leadership supply chain budgeting Supply Chain Optimization supply chain software solutions 52

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

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

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? He had been with this company for decades and built not only the sales network, production, but also worked in systemizing supply chain and sourcing (in the hundreds of millions of dollars). Landgraf, CEO at Above the Standard ( [link] ).

supply chain budgeting 79

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 79

World of Procurement blog

MAY 8, 2024

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Examples include raw ingredients for food manufacturers, fabrics for clothing brands, and parts used in automotive assembly. Purchasing focuses specifically on the buying transaction.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Finale Inventory

MARCH 28, 2024

From brand messaging that illustrates how companies are enacting earth-friendly practices in their business to certification bodies such as B Corp who are starting to scrutinize global supply chains as part of the credentialing process, companies are trying to level up to their consumers’ expectations as best they can.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Sustainability Inventory 52

Supply Chain Game Changer

NOVEMBER 17, 2018

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action ” Interview series at Supply Chain Game Changer. I would call myself an accidental supply chain executive!

Leadership 45

Leadership Networking supply chain budgeting Supply Chain Optimization 45

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

Planergy

JULY 21, 2023

This contingent labor allows you to optimize your marketing without fully engaging an internal marketing department or marketing agency. This typically includes raw materials and components. Goods have fixed prices, whereas services usually involve negotiation between buyers and sellers to reach a pricing agreement.

Management 52

Management Procurement supply chain budgeting Budget 52

Supply Chain Game Changer

JUNE 30, 2021

Subscribe to Supply Chain Game Changer. For an eCommerce customer, buyer satisfaction comes with the peace of mind from the unmatched care the goods receive while in transit up to installation. As said earlier, convenience contributes to buyer satisfaction. Subscribe Here! Email Address. Real-Time Updates.

Buyers 98

Buyers Logistics Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

JANUARY 30, 2020

Subscribe to Supply Chain Game Changer. “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly.

Inventory 72

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 72

Supply Chain Game Changer

NOVEMBER 16, 2018

“We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly. Raw Material Management.

Inventory 58

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 58

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. For example, the peaks in demand during the pandemic exposed many organizations to delays, resulting in shortages of critical materials like PPE and ventilators.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Insights

FEBRUARY 26, 2025

Hansens concept of “Velocity Procurement” is a modern evolution of his earlier work in supply chain and procurement optimization, reflecting his decades of experience streamlining processes for organizations like the Canadian Department of National Defence and the New York City Transit Authority.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Optimization 83

Procurement Insights

FEBRUARY 26, 2025

Hansen, identified as a Chief Procurement Officer (CPO), introduced the idea in the context of linking seemingly unrelated data streams or “strands” to optimize procurement outcomes. Instead, his contributions are more broadly tied to practical applications of algorithmic thinking in supply chain and procurement optimization.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 40