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 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

Una

JULY 12, 2023

EPISODE 123 Healing Healthcare Supply Chains with Luká Yancopoulos By Kelly Barner | July 12, 2023 Many supply chains deal with pain points. That venture is now Grapevine, a system that addresses miscommunications between suppliers and buyers in the healthcare industry.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply chain Supply 52

Procurement Tactics

JULY 2, 2023

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. We will now look more into the benefits of KM in supply chain management.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023.

Price 177

Price Suppliers Negotiation Quality 177

Supply Chain Game Changer

AUGUST 13, 2020

Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Is COVID19 the death of Global Supply Chains? Subscribe Here! Email Address.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 121

ivalua

SEPTEMBER 28, 2020

Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. There are exceptions to every rule, and that rule just doesn’t work.

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

Strategic Sourceror

JANUARY 20, 2023

Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. Regardless of the possible solutions, inflation is likely to pose several challenges for suppliers and manufacturers throughout 2023 (and beyond).

supply chain budgeting 62

supply chain budgeting Raw materials Supply chain Supply 62

Una

JUNE 8, 2023

What Makes a Supplier Strategic? Explore what makes a supplier strategic, learn why it matters, and how you can get noticed by supplier partners that are critical to your business. What makes a supplier strategic - and why does it matter? Will production or productivity grind to a halt if you suddenly lose that supplier?

Suppliers 52

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

Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 41.10] What does and doesn’t work when it comes to digitizing supply chains in the real world. You avoid that by listening properly.”

supply chain budgeting 59

supply chain budgeting supply chain software solutions e2e Supply Chain Optimization 59

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Rajeev Karmacharya.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult.

Suppliers 55

Suppliers Management Quality Import 55

Spend Matters

AUGUST 8, 2023

The recent Deloitte Global Chief Procurement Officer Survey tells us, “CPOs have definitively indicated that risk is here to stay, as evidenced by the greater than 70% in our survey who indicated that procurement-related risk/supply chain disruption has increased in the past 12 months on top of an already elevated baseline.”

Risk management 89

Risk management Risk Management supply chain budgeting 89

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

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

Procurement Tactics

JUNE 8, 2023

The order can be in the form of a written request or through a digital form submitted to a supplier. A purchase order clearly specifies the details of the purchase, such as the quantity, description, and price, ensuring there are no misunderstandings between the buyer and the seller. What is its Purpose?

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

ivalua

MARCH 5, 2020

Along with the rise of automation and AI, which reduce much of the traditional Procurement workload, these external drivers mean we must find a new role if we want to add real value. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Let's Talk Supply Chain

AUGUST 7, 2022

Today I’m joined by Orderful , a forward-thinking EDI software provider, that is on a mission to modernize contemporary supply chains. IN THIS EPISODE WE DISCUSS: [06.41] Erik’s founder story, and the journey that led him to “experience the tension between small suppliers and giant buyers” first hand, and establish Orderful. “I

supply chain software solutions 98

supply chain software solutions supply chain budgeting Real-time Visibility Supply Chain Efficiency 98

Spend Matters

JANUARY 17, 2024

It helps in effective cost management by enabling better budgeting and negotiation with suppliers. It also contributes to mitigating supply chain risks, fostering transparency in supplier relationships and supporting long-term strategic planning.

Raw materials 56

Raw materials Supply Chain Efficiency supply chain budgeting Strategic planning 56

Jaggaer

NOVEMBER 12, 2019

This has brought benefits but not sustainable value , especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy. Competitive intelligence.

Collaboration 78

Collaboration Suppliers Data supply chain software solutions 78

Procurement Tactics

SEPTEMBER 9, 2022

The Kraljic matrix is used by organizations to help them work smartly with their suppliers. The Kraljic matrix was created by Peter Kraljic and first appeared in the Harvard Business Review in 1983 to devise a means to segment the supplier base. . You can also try switching suppliers if necessary to achieve the best price. .

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

Spend Matters

JUNE 21, 2023

“Frameworks,” for instance, were not the initial stages of a construction project, but something that resembled (to some extent) the “approved supplier lists” that were familiar to me from the private sector. At the time, in the UK certainly, use of these frameworks was not well regulated by the EU (European Union) or the UK government.

Buyers 77

Buyers Suppliers supply chain budgeting Contract 77

HICX

FEBRUARY 2, 2023

Table of Contents Why do suppliers find it challenging to do their best work for their biggest customers? The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Suppliers 52

Suppliers Procurement Buyers Collaboration 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups.

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups. .

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

Spend Matters

JUNE 19, 2023

They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g.,

Procurement solutions 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86

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. How do we manage risk?

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Let's Talk Supply Chain

AUGUST 21, 2023

With over $8 billion of product sourced, nearly 1 million RFQ’s and over 50,000 buyers and suppliers involved, they are the world’s largest manufacturing marketplace. The amount of on-shoring we’re seeing is significant; the level of supply chain flexibility that’s required moving forward, there’s a different expectation.

supply chain software solutions 52

supply chain software solutions e2e Buyers supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. As such there can be unrelenting pressure to continue to cut costs. Promoting Supply Chain Value.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Arkestro

SEPTEMBER 5, 2023

In this blog, Arkestro sat down with Jeoff Burris, the Founder and Principal of Advanced Purchasing Dynamics and Procure-Force solution team member, to get his thoughts on hot button topics such as: supply chain disruptions, quote fatigue, managing costs, and more – that are top of mind for automotive procurement teams.

Procurement 52

Procurement supply chain software solutions supply chain budgeting Buyers 52

Spend Matters

OCTOBER 3, 2023

Yet the recent Spend Matters co-authored Deloitte CPO study finds that “Nearly all CPOs understand the power of digitization, which is why digital transformation is the second most cited procurement strategy (behind supplier collaboration) and why 55% of Orchestrators of Value cite it as a “top 3” strategy (compared to just 36% of Followers).”

Procurement 78

Procurement Price Buyers supply chain budgeting 78

Una

AUGUST 9, 2022

Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. Industries seeking a new cost reduction strategy. but face higher costs in doing so.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Spend Matters

AUGUST 2, 2023

Businesses are inevitably looking at ways to reduce costs, but that’s rarely the primary motivator we’ve seen for change, even in the current economic climate. Reducing headcount is a one-time benefit; the organizations we’re talking to have their eyes set on a bigger prize. Time to value is incredibly important.

supply chain budgeting 79

supply chain budgeting Procurement Supply chain Suppliers 79

Empowering CPO

MAY 5, 2023

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

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

Spend Matters

MAY 30, 2023

“Frameworks,” for instance, were not the initial stages of a construction project, but something that resembled (to some extent) the “approved supplier lists” that were familiar to me from the private sector. At the time, in the UK certainly, use of these frameworks was not well regulated by the EU (European Union) or the UK government.

Buyers 52

Buyers Suppliers supply chain budgeting Contract 52

The Procuretech Podcast

JULY 8, 2020

They're a company who are facilitating easier access to supplier data to help buyers in their negotiation preparation, as well as more general risk management assessment activities related to sourcing and supplier management. In today's episode, I interview Kent Ledgerwood, VP of Customer Success at LevaData.

Suppliers 40

Suppliers Bill of materials supply chain budgeting Negotiation 40