Skill Dynamics

JANUARY 21, 2025

How can you ensure that your supply chain team are consistently up-to-speed with the modern supply chain landscape? A well-defined supply chain competency framework can be extremely useful. It typically covers key supply chain areas including procurement , logistics, demand forecasting , and much more.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Supply chain 52

Spend Matters

APRIL 15, 2025

In this article we will highlight some of the key changes AI has made to procurement strategies in the following industries: manufacturing and industrials, life sciences and healthcare, and the public sector. Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers.

Real-time Visibility 72

Real-time Visibility Procurement e2e Supply Chain Efficiency 72

Spend Matters

FEBRUARY 13, 2025

This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective.

Influencing 104

Influencing Procurement supply chain budgeting e2e 104

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Onshoring suppliers is another recent reactionary trend.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

Spend Matters

MARCH 25, 2025

Finance departments focus on spend visibility, payment optimization and cost control. Suppliers and external partners contribute another layer of complexity, as they rely on procurement systems for seamless onboarding, data accuracy and operational efficiency. IT departments prioritize system integration, security and usability.

Stakeholder engagement 96

Stakeholder engagement Management Procurement Influencing 96

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. Rider (1970)).

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

Arkestro

DECEMBER 5, 2024

It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes. Arkestro allows them to quickly adapt to changing market conditions and component availability and focus on quality and innovation within their complex manufacturing processes.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Procurement Insights

APRIL 15, 2025

Metaprise in DND: As discussed, Hansens model initially used human agents (procurement officers, program managers, and external partners like suppliers) to best understand how to manage processes and data adaptively, aligning with DNDs realities (security, diverse suppliers) before transferring it to self-learning algorithms.

Data 78

Data Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 78

Procurement Insights

JUNE 3, 2025

Poll Time The following is a poll that was posted in the Global & Purchasing Supply Chain Professionals LinkedIn Group, which has over 164,000 members. Reality: No one invested time in proper training, and category managers are still relying on spreadsheets. What is the edge one driver has over another?

Real-time Visibility 69

Real-time Visibility supply chain budgeting supply chain software solutions Supply Chain Optimization 69

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 98

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Steps, Benefits, and Best Practices S2P covers the entire procurement lifecycle, from supplier selection to final payment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. This can lead to more effective sourcing, reduced sourcing costs, higher quality products, and stronger overall supplier relationships.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

JUNE 11, 2019

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management.

Agile and Lean Supply Chain 106

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization Supply chain 106

Procurement Insights

MAY 22, 2025

is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. AI-First Automation: AI is built into every step, simplifying workflows, automating processes, and delivering real-time insights for compliance, onboarding, KYC/AML, contract management, and ESG initiatives.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Procurement Insights

JANUARY 22, 2024

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. Are you optimizing your negotiations amidst all of the chaos? So, I put the following search term into Google, “optimizing your negotiations amidst all of the chaos?

Supply Chain Optimization 81

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 81

Jaggaer

OCTOBER 24, 2024

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. It provides valuable insights, improves supplier management, and facilitates stronger and more profitable supplier relationships.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Procurement Insights

APRIL 9, 2025

supplier delays, demand spikes) due to rigid rules. supplier performance, market trends) and adjust workflows proactively. Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Learn and optimize continuously.

Supply Chain Efficiency 52

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

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 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Procurement Insights

FEBRUARY 18, 2025

Example: A company using spreadsheets, duplicate supplier records, and inaccurate spend data will struggle to implement AI-driven spend analytics effectively. Lesson: AI cant optimize outdated, inefficient workflows. Solution: Ensure integration-friendly solutions that connect procurement, finance, and supplier management functions.

Procurement team 52

Procurement team Procurement solutions Contract management Quality 52

Procurement Insights

OCTOBER 26, 2023

As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend , vendor rationalization , and change management.

Change management 69

Change management Management Contract Buyers 69

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Digitalization also fosters greater agility in supplier management.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Jaggaer

APRIL 9, 2025

but also external data such as supplier networks and performance, extended supply chains, and the environmental impact of their operations. But in manufacturing it is more specifically the use of machine learning (ML) solutions and deep learning neural networks to optimize manufacturing processes.

Strategy 52

Strategy Supply Chain Optimization Supply Chain Efficiency Quality 52

Procurement Insights

NOVEMBER 19, 2024

McKinsey focuses on AI’s role in creating more resilient and efficient supply chains. They advocate for leveraging AI to address risks, optimize costs, and enhance supplier management, positioning AI as critical for staying competitive in a fast-evolving global market.

Procurement 40

Procurement Supply Chain Optimization Supply Chain Efficiency Change management 40

Supply Chain Game Changer

SEPTEMBER 6, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Detective – Our First 10 Cases! This was another case for The Supply Chain Detective ! Some of the materials were sourced and managed by the customers. The result was that none of those processes were optimized across the entire company.

Supply Chain Optimization 95

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 95

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Yet only 26% were able to confidently predict risk within their supply bases. Subscribe Here!

supply chain budgeting 98

supply chain budgeting Procurement Supply Chain Efficiency e2e 98

Procurement Insights

APRIL 14, 2025

Adaptive and Efficient Procurement Practices Hansen’s model enables organizations to simulate various procurement scenarios with unprecedented detail, fostering optimization in decision-making and resource allocation. The model’s adaptive nature allows it to evolve alongside organizational growth and changing market conditions.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

SCMDOJO

APRIL 20, 2023

Within this department, the procurement manager plays a key role in overseeing the entire process, from identifying the need for goods or services to negotiating contracts with suppliers. Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] What does a Procurement Manager do?

Management 116

Management Procurement Contract management Supply Chain Optimization 116

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 76

Suppliers Management Quality Import 76

Procurement Insights

APRIL 30, 2025

supplier relationship management). Forrester Research Forresters Profile: Respected for the Wave report, using ~30-40 granular criteria to evaluate S2P suites, with a focus on AI and supplier collaboration. ease of use in contract management). Trend Identification: Procurement Insights commentary on emerging trends (e.g.,

Procurement 52

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

Procurement Insights

JANUARY 9, 2025

Improving Utilization Change Management: Effective training programs and leadership support. My Takeaway An audit of your existing procuretech IT infrastructure or stack to ensure you realize the optimal ROI on your investment is a must before adding new technological tools, platforms, and software solutions.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Procurement Budget 52

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

World of Procurement blog

MAY 23, 2024

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. Having strategic partnerships allows suppliers to lower prices. Look for suppliers with the best pricing structures.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

FEBRUARY 12, 2020

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! . Why have so few companies adopted a TMS (Transportation Management System) solution? Many years ago I started a Supply Chain Services business as a new service within the company. Subscribe Here! Email Address.

Management 91

Management Real-time Visibility Supply Chain Optimization supply chain budgeting 91

TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Understanding Procurement Management in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Supply Chain Game Changer

AUGUST 20, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) The Digital Supply Chain , or Supply Chain 4.0, It is an extremely exciting time to be in Supply Chain. New Supply Chain systems can cost a lot to implement. Subscribe Here! Email Address.

supply chain software solutions 67

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Supply chain 67

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40