SCMDOJO

FEBRUARY 16, 2025

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 62

ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . This capability is not available in any ERP, but a best-in-class supply chain solution will provide dozens of models for you to shape your usage for the future.

supply chain budgeting 221

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

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Procurement Insights

APRIL 25, 2025

I can help procurement practitioners dramatically improve ProcureTech implementation timelines, ROI, supply chain resilience, risk management, tariff management, and overall implementation success. So, here are my answers to both questions: YES and YES! And just remember, YOU asked me!)

Supply chain resilience 52

Supply chain resilience Supply Chain Optimization supply chain budgeting Risk management 52

ivalua

MARCH 24, 2022

Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P).

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

Arkestro

DECEMBER 5, 2024

How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience. Subscribe to news from Arkestro. You can unsubscribe at any time.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Let's Talk Supply Chain

FEBRUARY 27, 2025

The impending transformation, outlined in a recent report by Supply and Demand Chain Executive, is set to reshape the vrey foundation of ‍how goods and services are sourced, ‍managed, and delivered.

Supply Chain Optimization 52

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

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

FEBRUARY 15, 2025

A well-managed supply chain does not just survive crises it thrives in them. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

Project management 87

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 87

Procurement Insights

APRIL 4, 2025

contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. While supply chain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools. Strong on supply chain resilience as it relates to procurement.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

Jaggaer

APRIL 16, 2025

Many procurement teams are being asked to deliver value beyond savings alone , strengthening supply chain resilience, reducing compliance risk, and advancing ESG and sustainability goals, at greater speed and without headcount increases. On the demand side, there is pressure to do more with less. But the benefits go further.

Procurement 52

Procurement Demand Planning Data interpretation Supply Chain Efficiency 52

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

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

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. There’s a much bigger dividend to obtain by automating the most boring, mundane tasks of your top sourcing professionals.” .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Jaggaer

OCTOBER 24, 2024

The result is improved business processes and the agility that makes you nimble—whatever comes. Strategies for Building Resilient Supply Chains Recurring disturbances in recent years have highlighted the need for manufacturers and contract manufacturers to build resilience into their supply chains.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Planergy

MAY 8, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. By digitizing core tasks like purchase order creation, invoice matching, contract tracking, and supplier onboarding, procurement teams have significantly reduced the time spent on repetitive admin.

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

Jaggaer

APRIL 9, 2025

Categories for the Pro-to-Know recognition include but are not limited to Supplier Management, Sourcing, Contract Management, eProcurement, Form Requests, and AP Automation. Metrics may include cycle times for each process, use of templates, user and supplier adoption, as well as process and cost savings.

Supply Chain Optimization 52

Supply Chain Optimization Eprocurement Supply chain resilience Contract 52

Future Purchasing

FEBRUARY 25, 2025

So no wonder it takes on average six years for a large program simply to go on contract,” he stated. This challenge is exacerbated by a lack of visibility in government supply chains, which hinders risk management and makes it difficult to build a resilient supply chain.

Innovation 52

Innovation Supply Chain Efficiency Procurement Category management 52

Procurement Insights

APRIL 18, 2025

This is due to factors such as fragmented procurement, lack of centralized contracts, supply chain disruptions, and rapid adoption of new technologies 3 5. Direct materials are usually managed with formal procurement processes and long-term contracts, which dampen price volatility and create predictability.

Price 75

Price Demand Supply chain Real-time Visibility 75

Procurement Insights

MAY 10, 2025

His case studies, like the GE Capital-Lear Seating-GM collaboration, demonstrate how solving client problems can lead to multi-million-dollar contracts. In procurement, this might translate to better supplier negotiations or sourcing strategies, especially for tariffs. Sourcing savings: $2.5M (5% on $50M spend). 5M in savings.

Procurement 52

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

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. More on that here.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

When you think about supply chain resilience, technology can help, but if you’re not actively pursuing a stronger relationship with your strategic suppliers, it’s really difficult to reap the benefits when the hard times are over,” he said. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

SCMDOJO

MAY 27, 2025

How do smart teams spot red flags before contracts get signed? How Private Equity Shapes Modern Supply Chains Money from private equity doesnt just change ownership. For example, lets say youre acquiring a supply chain partner with silent investors or long-term profit-sharing agreements buried in old contracts.

supply chain software solutions 40

supply chain software solutions Risk Supply chain Innovation 40

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Scope : Procurement spans the entire process from identifying requirements to contract closure. Purchasing is more transactional and tactical.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

ivalua

JUNE 15, 2022

The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY. Körber + Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

Procurement 54

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 54

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

APRIL 15, 2020

Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups. Above all, LinkedIn Groups focused around procurement & sourcing keep you in large networks, amongst your peers. Source: Paua Ventures. What do you have to lose?

Procurement 111

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 111

TYA Suite

NOVEMBER 15, 2024

This proactive approach can help identify potential issues early, allowing businesses to seek alternative suppliers or adjust their contracts accordingly. Factors such as machinery breakdowns, labor strikes, or disruptions in their own supply chains can lead to delays in delivery.

Risk management 40

Risk management Risk Suppliers Strategy 40

SCMDOJO

APRIL 11, 2025

As a result, it remained profitable, gained market share, and became a leading example of recession-resilient supply chain management (Saxena & Sharma, 2011). Diversifying the supplier base, especially for critical materials, enhances resilience.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 60

Procurement Heads

DECEMBER 15, 2022

That could be operating model design, it could be sourcing activities, it could be supply chain support….the but Covid and Ukraine have pushed this subject much further and deeper and the need to plan for today and tomorrow using multiple sources and collaborate with the business operations.

Sustainability 130

Sustainability Supplier relationship management Contract management Supply chain 130

EazyStock

JANUARY 27, 2021

Even now, the global GDP for 2020 contracted by an estimated 4.3% Resiliency is now the name of the game for supply chains. Let’s look at the impact of each of these trends and see how you can incorporate them into your supply chain for 2021. Supplier Diversification. Automation.

supply chain software solutions 96

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 96

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

TYA Suite

MAY 23, 2025

Stronger risk management and supply chain resilience Effective collaboration provides greater visibility into potential risks, such as raw material shortages or market disruptions. This may involve sharing best practices for reducing waste, sourcing materials responsibly, and improving energy efficiency.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40