article thumbnail

What is zero-based budgeting?

IBM Supply Chain Blog

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

Budget 59
article thumbnail

10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

People: Engaging Stakeholders and Nurturing Change Engaging stakeholders early in the implementation process is crucial for gaining their support and supporting the change management process. Everyone is a contributor to change management A successful implementation engages everyone in the change management effort.

article thumbnail

354: Stop Supply Chain Chaos and Get One Step Ahead, with Osa Commerce

Let's Talk Supply Chain

  Today I’m joined by Osa Commerce , an innovative software provider that is on a mission to tackle data chaos in the supply chain. Throughout my career, I have successfully led GTM strategies, built strong brands, and managed high-growth teams. The customer is demanding much more, they want everything fast!…

article thumbnail

Transactional Process Improvement Kaizen and its Impact on Supply Chain Operations

SCMDOJO

But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is. The Kaizen philosophy has become popular in many industries, including supply chain management.

article thumbnail

Leveraging Critical Factors for Supply Chain Success

NLPA (Next Level Purchasing Association)

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Procurement Risk Management.

article thumbnail

343: Create a One-Stop Solution for Supply Chain Automation, with Logward

Let's Talk Supply Chain

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. 09.56] What has, and hasn’t, changed in the last five years, and a look at today’s key challenges and trends. “I