Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. Supplier collaboration is the process of connecting and working together with supplier partners to achieve your business goals and initiatives.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

MAY 30, 2025

In the hyper-connected global economy of the present day, supply chains traverse continents, cultures, and myriad communication barriers. Having access to an audio translator can be the difference between quick resolution of issues and ballooning interruptions throughout the supply chain.

supply chain software solutions 54

supply chain software solutions Supply Chain Efficiency Supply chain Management 54

Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 119

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 119

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Skill Dynamics

AUGUST 15, 2022

Strategic supplier relationship management (SRM) is a key factor for driving competitive advantage for multi-national organizations. These models require both parties to have the following characteristics: mutual respect, an understanding of the mutual benefits of the relationship, trust, fairness, and honesty.

Supplier relationship management 52

Supplier relationship management Suppliers Strategy Management 52

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Arkestro

AUGUST 1, 2022

For the longest time, the procurement scale has tipped in favor of the buyer. Constrained supply chains and the associated shortages have resulted in mounting pressures from the government and investors for organizations to diversify their supplier bases. Why Is Supplier Relationship Management Taking a Front Seat?

Supplier relationship management 52

Supplier relationship management Suppliers Management Buyers 52

Procurement Tactics

JUNE 7, 2023

It involves establishing strong relationships, open communication channels, and a collaborative approach to decision-making and problem-solving. Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Supply Chain Game Changer

NOVEMBER 14, 2018

This article will look at a model for stratifying and segmenting your supply base within the confines of a structured and formal supplier relationship program (SRP). The development of supplier relationship management (SRM) accompanied the stratification of the supply base into a number of different hierarchical models.

Supplier relationship management 60

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 60

Procurement Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. Procurement now has its turn to drive efficiency and performance gains through better data. Sales have had reliable data ever since they had a CRM.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Procurement Insights

JANUARY 19, 2025

Significance : Baan’s software emphasized integration across the supply chain, including procurement processes. Notable among these were: Ariba Buyer : Ariba was a leading provider of e-procurement solutions, offering platforms that enabled organizations to manage their procurement processes efficiently.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency e2e Supply Chain Optimization 52

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

SCMDOJO

APRIL 26, 2023

Job Description and Requirements ] At a glance: What is Category Management in Procurement? Category Management Software What is Category Management in Procurement? Within an organization, category managers are responsible for managing different categories of goods or services, ensuring efficiency, transparency, and visibility.

Category management 105

Category management Management Supplier relationship management supply chain software solutions 105

ivalua

APRIL 8, 2020

It all starts with building up a transparent relationship. What are they transparent about? They share Urgo’s business strategy, how it drives Procurement objectives and finally how strategic suppliers are valuable stakeholders of it. First, they have a suggestion box concept for suppliers to submit.

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

Spend Matters

APRIL 30, 2025

In a landscape shaped by inflation, supply chain fragility, regulatory pressure and digital transformation, orchestration is more than a buzzword. Externally, risk and compliance obligations mount, supply chains are stretched and stakeholder expectations broaden. It is foundational, not peripheral.

Suppliers 75

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 75

SCMDOJO

MARCH 24, 2025

This positive variance is achieved through effective negotiations, efficient internal management, and leveraging market opportunities. This can be achieved by securing discounts on agreement terms related to delivery, quantity, early payments, and the benefits of a long-term relationship with the supplier. Huntzinger, J.

Price 58

Price Purchasing supply chain budgeting Raw materials 58

Procurement Insights

APRIL 30, 2025

THE SHORT ANSWER Procurement Insights is not a replacement for analyst firms its a complementary and sometimes disruptive mirror , helping enterprise buyers and tech vendors see past sanitized reports into what actually matters to practitioners. supplier relationship management). mid-market vs. enterprise).

Procurement 52

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

Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. What is Supplier Relationship Management (SRM)? The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. 6 liters | Streamlined Supply Chain Compliance. Subscribe Here! Email Address. I love cooking.

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. Content: Features posts on global sourcing, supplier ethics, and AIs role in procurement.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Empowering CPO

MAY 5, 2023

Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency. It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Supply Chain Game Changer

SEPTEMBER 5, 2019

Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. As buyer and suppliers aren’t we all living in the same ocean, existing in the same ecosystem, and working towards the same value creation? Subscribe Here! Email Address.

Suppliers 63

Suppliers Supply Chain Efficiency Buyers Supplier relationship management 63

Jaggaer

OCTOBER 24, 2024

Getting strategic about supplier collaboration positions you to succeed today and overcome tomorrow’s unexpected challenges. Your goal might be to transition from purely traditional buyer-supplier business arrangements, fine-tune strong supplier relationships that yield average results, or something in between.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. Supplier Relationship Management. Let’s make a change before it hinders procurement from making a true impact across all business areas in the value chain. Subscribe Here! Email Address.

Procurement 108

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 108

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 13, 2018

Check out How To Differentiate With A Supplier Relationship Management (SRM) Program! Though the phrase partnership is often used, what really constitutes a strategic supplier partnership? Strategic Partner – strategic, long-term relationship. Preferred Supplier – operational, on-going relationship.

Suppliers 77

Suppliers Supply Chain Efficiency Supplier relationship management supply chain software solutions 77

Procurement Insights

DECEMBER 13, 2024

1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Supply Chain Game Changer

FEBRUARY 16, 2020

Subscribe to Supply Chain Game Changer. How To Differentiate With A Supplier Relationship Management (SRM) Program! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management.

Procurement 69

Procurement Supplier relationship management Supply Chain Efficiency Suppliers 69

Procurement Leaders

JUNE 1, 2022

With up and downstream emissions accounting for 57% of the average company’s environmental impact, according to Procurement Leaders research, improving supply chain sustainability is becoming an ever-greater priority for business leaders. Decarbonising the supply chain. Training suppliers.

Strategy 130

Strategy Sustainability Supply Chain Efficiency Suppliers 130

Zycus Cognitive Procurement

FEBRUARY 14, 2022

You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. The importance of good relationships with suppliers has never been more important than it is now.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. They also manage the organization’s supply base to ensure coordination and efficiency.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Supply Chain Game Changer

NOVEMBER 26, 2018

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Having a Supplier Code of Conduct is a must!! In my eyes, IWAY was at the center of Ikea’s rapid expansion.

Procurement team 56

Procurement team Supplier relationship management Procurement Suppliers 56

Positive Purchasing

DECEMBER 6, 2022

In supplier relationship management (SRM), the fundamental question we ask ourselves is, ‘What do we need from our supply base?’. Surely our requirements are to have products or services supplied to the correct specification at the right time and at an acceptable price? Not all catastrophes can be avoided.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52