ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . This capability is not available in any ERP, but a best-in-class supply chain solution will provide dozens of models for you to shape your usage for the future.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. 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

Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain. Now it’s dropped back to 2019 levels.” ( Source – The Wall Street Journal, Sept.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Kelly Barner (Buyers Meeting Point) Strengths : Accessible and pragmatic advice for procurement professionals.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Barkers Procurement

MAY 7, 2025

In a world where geopolitical uncertainty is becoming commonplace, and retailers must stay resilient, leaders would be wise to apply a lesson from the past: make visibility an absolute priority. When Covid-19 first hit five years ago, retailers experienced the need for supply chain resilience.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Chief Procurement Officer Supply chain Supply chain resilience 52

Spend Matters

OCTOBER 24, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. The Onventis network serves as a secure and efficient conduit, connecting the intricate business processes of both buyers and suppliers across the globe. “As

Procurement solutions 112

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 112

SCMDOJO

MAY 30, 2025

In the hyper-connected global economy of the present day, supply chains traverse continents, cultures, and myriad communication barriers. Procurement staff must send alternate sourcing orders. Language barriers facilitated the slow relay of urgent updates from Asia-based producers to Western buyers.

supply chain software solutions 59

supply chain software solutions Supply Chain Efficiency Supply chain Management 59

Procurement Insights

APRIL 18, 2025

Many vendors and buyers have accelerated purchases to get ahead of these tariffs, causing temporary price drops followed by sharp increases once tariffs take effect 1 4 5 6. Supply Chain Disruption : “Material costs climbed by about 8.3 Supply chain disruptions, technology refresh cycles, and intermittent demand (e.g.,

Price 75

Price Demand Supply chain Real-time Visibility 75

SCMDOJO

MAY 27, 2025

For supply chain leaders , this isnt theory; its happening across the industry every quarter. Overlooked Ownership Structures That Complicate Deals A tangled web of joint ventures, minority stakes, and layered holding companies can catch buyers off guard. Sometimes these overlap or even contradict each other.

supply chain software solutions 40

supply chain software solutions Risk Supply chain Innovation 40

Future Purchasing

FEBRUARY 25, 2025

This challenge is exacerbated by a lack of visibility in government supply chains, which hinders risk management and makes it difficult to build a resilient supply chain. Sustainability: The Act makes it easier for government buyers to make sustainable procurement decisions.

Innovation 52

Innovation Supply Chain Efficiency Procurement Category management 52

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

Procurement Insights

APRIL 13, 2025

buyers, suppliers) interacting based on real-world commodity traits (e.g., unit, source coffee from Ethiopia at $4/kg) based on current data, prioritizing cost and quality. Application to Cosmetics and Coffee (2025 Tariffs) Cosmetics: Learning Loopback: Agents observe tariff hikes (60% on China), act by sourcing Mexico packaging ($0.30/unit),

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization Data 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

Supply Chain Game Changer

APRIL 15, 2020

Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups. Above all, LinkedIn Groups focused around procurement & sourcing keep you in large networks, amongst your peers. Source: Paua Ventures. What do you have to lose?

Procurement 111

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 111

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Siloed processes can become integrated by using intelligent workflows, which help enable seamless and automated exchange of financial, informational and physical supply chain data in one distributed network. This approach can provide users with new and more efficient ways of conducting and financing global trade.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Arkestro

APRIL 2, 2024

The fluctuating economic landscape has forced many procurement departments to reassess and diversify their sourcing strategies to maintain supply chain resilience. While the hurdles appear formidable, this report outlines what well-prepared procurement teams stand to benefit in this environment.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Buyers 52

Supply Chain Game Changer

MAY 5, 2021

For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. appeared first on Supply Chain Game Changer™.

Supply Chain Efficiency 58

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 58

Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 112

Risk Risk management Supply Chain Efficiency supply chain software solutions 112

Arkestro

OCTOBER 3, 2024

Another example is the requirement supporting localized sourcing content from the USMCA (United States-Mexico-Canada Trade Agreement). Overall, procurement has seen more requirements around tracking raw materials and origin throughout the supply chain. As the adage goes, necessity is the mother of invention.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability. Building Agile Supply Chain Ecosystems : . Enhancing supply chain resilience: . Integrating flexible contracts. Focusing on customer centricity.

Supply chain management 52

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

Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

Procurement solutions 57

Procurement solutions Procurement Chief Procurement Officer Procurement team 57

HICX

MAY 12, 2023

Driving supplier performance through increased collaboration  Reducing inconsistent adoption of sourcing and contract tools How to scale the digitalization value beyond procurement Sam shares how, in the third phase, they are really moving away from this being a ‘Procurement’ or ‘digital’ transformation into becoming a business transformation. 

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Jaggaer

JUNE 28, 2024

We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supply chain resilience.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

EazyStock

APRIL 18, 2023

Understand the resilience of your supply chain Supply chain resilience means managing day-to-day risk and having systems and processes to adapt to disruption in the supply chain. One way is to pass these increases on to your customers to reduce the need to source more capital.

Supply Chain Optimization 52

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

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Arkestro

DECEMBER 12, 2022

According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”. The relationship between buyers and suppliers remains at the forefront of the procurement process. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Arkestro

NOVEMBER 7, 2023

As these examples demonstrate, seeing suppliers as a source of innovation rather than a cost strain can help procurement begin to solve for problems bigger than procurement alone. On the one hand, supply chain wants to keep things as stable as possible, maintaining existing relationships.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

SCMDOJO

MARCH 28, 2025

Scoutbee is an AI-powered procurement network that connects buyers with potential suppliers. Agentic AI takes this a step further by enabling autonomous supply chain systems. Digitization is a key enabler for building supply chain resilience.

Logistics 52

Logistics Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Procurement Insights

MAY 7, 2025

and Euro- pean supply chains in both the short term Editor and lead writer Procurement Insights Blog WHAT 1930 CAN TEACH US ABOUT TARIFFS AND SUPPLY CHAINS IN 2025 a cura di Jon Hansen FOCUS FOCUS (within 1-2 years of implementation) and longer term (3-10 years), Ill analyze trade disruptions, supply chain resilience, and adaptation dynamics.

Supply chain 81

Supply chain Export Supplier negotiation Negotiation 81