Procurement Tactics

NOVEMBER 14, 2022

However, what is the retail supply chain? This article will discuss what a retail supply chain is. We will also tackle retail supply chain management and its importance. Once you finish reading this article, you will have a deeper understanding of the retail supply chain.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Spend Matters

JULY 28, 2022

Prodigo’s product mix is centered around its marketplace, buyer, exchange and contracts modules for healthcare spend, but the core of its offerings are its Data Hub and Virtual Item Master. The original analysis can be found here: Prodigo Vendor Analysis.

Supply chain management 98

Supply chain management Supply chain management Buyers Supply chain 98

Procurement Leaders

MARCH 26, 2024

On the other hand, if the buyer would involve the supplier intensely, it would provide the functional specifications ( see Figure 2, above ), such as the expected weight of the new car, and request a new wheel design from its supplier. Robert received his PhD from Erasmus University, Rotterdam School of Management.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. If a company holds significant buying power, it can push for better terms, but if a supplier has unique capabilities, buyers must be willing to compromise strategically. Checkout the SCMDOJO course on Negotiation Tricks & Pitfalls.

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

Procurement Tactics

JUNE 8, 2023

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. This helps in planning and prevents situations like running out of stock or overstocking, optimizing the supply chain management process.

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Procurement Tactics

AUGUST 25, 2022

Thereby making him the world’s most sought-after purchasing and supply chain management author, speaker, consultant, and trainer. He has 18 years of experience with Intel Corp, holding responsibility for more than $1 billion in annual expenditures as purchasing executive and managing Intel’s global purchasing operations.

Procurement 231

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

Spend Matters

OCTOBER 4, 2022

Categories: Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Chain Visibility Tags: EU , procurement systems and planning Food is a universal commodity, and most people take the fresh food supply chain for granted. Read more. ).

Supply chain 98

Supply chain Supply Chain Visibility Procurement Supply chain management 98

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

SupplyShift

SEPTEMBER 10, 2021

You can stand out to environmentally-conscious buyers by focusing on the following four steps: 1. Know Your Buyer. Who is your buyer and what is important to them? Don’t wait for buyers to explain what matters to their business and how you fit in—be proactive. Establish regular procedures. Respond promptly. Get Aligned.

Buyers 52

Buyers Suppliers Supply Chain Efficiency Sustainability 52

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? They both do the same thing, or do they?

supply chain budgeting 221

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

Zycus Cognitive Procurement

DECEMBER 15, 2022

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. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk.

Supply chain management 52

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

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

SCMDOJO

JULY 13, 2022

The List of the 10 Best Supply Chain Job Boards That Made the Cut are: indeed. Association for Supply Chain Management (ASCM). Supply Chain Management Jobs. For example, Giuseppe Borsellino (ex-Michael Page) shared his wealth of knowledge on How to Get a Job in Supply Chain Management?

Supply chain 138

Supply chain Supply Supply chain management Supply chain management 138

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

Spend Matters

APRIL 15, 2025

Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management. Maintenance, Repair and Operations (MRO) is also benefiting from AI.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

Procurement Tactics

APRIL 23, 2023

Establish standards based on current international norms of conduct rather than creating new ones to avoid weakening international law and to avoid conflicting requirements for suppliers with numerous buyers. Key business executives from cross-functional teams should be involved in the code’s creation and support.

Sustainability 177

Sustainability Suppliers Supply Chain Efficiency Chief Procurement Officer 177

ivalua

FEBRUARY 25, 2021

Effectively Managing Supplier Information, Risk & Performance. Establishing an environment where information is digitally exchanged between buyers and suppliers and where processes are interconnected has become essential in the new generation of procurement and supply chain management.

Supply chain management 100

Supply chain management Supply chain management Buyers Risk 100

Procurement Insights

APRIL 8, 2025

Handling Multi-Stakeholder Complexity Factor Agent-Based Model (Metaprise) Equation-Based Intake & Orchestration Interoperability Agents represent suppliers, buyers, and logistics providers, collaborating across ecosystems. buyers, suppliers) with individual rules and interactions, modeling emergent behaviors in complex systems.

Supply Chain Optimization 81

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 81

Supply Chain Opz

JUNE 23, 2013

Differentiation: selecting the important attributes that buyers want so company can get premium price. Buyer value chain, in this case, refers to buyer as the organization not in the sense of consumers. Is Apple Supply Chain Really the No. 10 Greatest Supply Chain Management Books of All Time.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply chain Supply Supply chain management 93

Spend Matters

DECEMBER 11, 2023

These acquisitions bolstered the capabilities of its platform, turning it into a comprehensive solution for supply chain management and procurement. By 2018, Tradeshift had evolved into a global business network that connected buyers and suppliers across diverse industries and regions.

Market analysis 104

Market analysis Networking Buyers Supply chain management 104

Spend Matters

SEPTEMBER 28, 2022

Categories: Category Management , Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Risk Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Interos, a supply chain risk management (SCRM) solution built to map and model a live global view of a company’s business ecosystem.

Risk management 98

Risk management Risk Supply chain Management 98

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment.

Sourcing 130

Sourcing Ethics Sustainability Buyers 130

ivalua

JUNE 29, 2020

Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings. Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

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. Asset transfers may activate withholding taxes or indirect levies.

supply chain software solutions 40

supply chain software solutions Risk Supply chain Innovation 40

ivalua

MARCH 28, 2019

After all, we’re only just beginning to see what AI and machine learning might do to revolutionise procurement and supply chain management; the possibilities are endless and hard to predict. However, we would stress that doesn’t mean forgetting the science and (of course) the technology.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

The Network Effect

AUGUST 25, 2014

. “The supply network application of the ESG is thus somewhat similar to how Facebook and LinkedIn model their social networks.” ” A social graph for the supply chain should visually depict all the linkages between buyers and suppliers throughout the world.

Supply chain 81

Supply chain Networking Bill of materials Supply 81

SupplyShift

SEPTEMBER 10, 2021

You can stand out to environmentally-conscious buyers by focusing on the following four steps: 1. Know Your Buyer One crucial way to stand out as a supplier is to do your homework. Who is your buyer and what is important to them? Don’t wait for buyers to explain what matters to their business and how you fit in—be proactive.

Buyers 40

Buyers Suppliers Supply Chain Efficiency Sustainability 40

Spend Matters

SEPTEMBER 26, 2022

Categories: Analysis , Procurement Systems & Architecture , Spend Management , Supply Chain , Supply Chain Management , Trade Financing Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Trax, a Transportation Spend Management (TSM) solution.

Spend management 95

Spend management supply chain budgeting Supply Chain Optimization Management 95

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. Procurement Insights: Broad trends and ethical sourcing guidance for global supply chain management.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Spend Matters

FEBRUARY 13, 2023

To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk. Read more. )

Risk management 98

Risk management Supply Chain Optimization Risk Supply chain 98

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Tactics

JULY 14, 2022

Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. Procurement service providers are effective and experienced third-party organizations that facilitate the relationship between buyers and suppliers. Provides supply chain management.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

Procurement Heads

AUGUST 7, 2022

I’ve been in procurement for nearly 28 years, seven years at Marks & Spencer after studying business studies and supply chain management at university. I was a Buyer at M&S, so it was direct procurement. Therefore, we have a very narrow senior management team. Why did you get into procurement?

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Buyers Procurement 130

Claritum

JANUARY 25, 2019

However, Supply Chain Management technology is beginning to catch on with SMEs, largely because of the significant cost control benefits and the increasing emphasis on control of supply chains and the internationalisation of these supply chains. Where should SMEs focus initially? 1 Introduction.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

Supply Chain Game Changer

AUGUST 24, 2021

Moreover, you can use cloud computing to run important applications such as customer relationship management (CRM), supply chain management (SCM), warehouse management system (WMS), among other applications which are all critical in the supply chain management process.

Supply Chain Optimization 119

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 119

Supply Chain Game Changer

OCTOBER 28, 2020

On the Argentus Blog, we’re always looking to shine the light on various aspects of the talent picture within the Supply Chain Management field – whether it’s hiring trends , intelligence about important skills, or the industry’s response to emerging issues related to the COVID-19 pandemic. So here’s the latest: a new U.S.

Supply chain 98

Supply chain Supply Leadership Supply chain management 98

SCMDOJO

APRIL 11, 2025

The Core Role of CRM in Modern Supply Chains CRM systems first existed to manage customer interactions, track leads, and aggregate information from sales and marketing departments.

Supply Chain Efficiency 73

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 73