Procurement Tactics

MAY 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. In this article, we will discuss what 4PL means. 4PL: What is it?

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

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. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.

Real-time Visibility 72

Real-time Visibility Procurement e2e Supply Chain Efficiency 72

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Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. This involves analyzing spend data, identifying for consolidation, and negotiating better contracts with key suppliers.

Agile and Lean Supply Chain 52

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

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.

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

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Supply Chain Efficiency 98

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

Let's Talk Supply Chain

OCTOBER 30, 2023

Today I’m joined by forward-thinking tech company Beacon Technologies – a brand that says, when it comes to supply chain, they believe in power to the people! Beacon’s supply chain visibility platform is a central hub for real-time ocean and air freight tracking, supply chain performance analytics and carbon emissions reporting.

Real-time Visibility 52

Real-time Visibility Supply Chain Visibility supply chain software solutions supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

JULY 22, 2015

optimization. Supplier collaboration goes well beyond the sharing of product design documents, extending into initiatives involving product innovation, supply chain visibility, compliance, target cost programs, demand and capacity planning, and risk management. alternatives. alternatives. consolidation. alternatives.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

SCMDOJO

MAY 26, 2025

Managing a global supply chain has become more complex than ever. According to a 2024 McKinsey survey, 71% of businesses in the supply chain sector face compliance challenges when operating in foreign markets. This challenge is especially difficult for businesses expanding into new markets with unfamiliar regulations.

Supply Chain Efficiency 54

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 54

TYA Suite

MAY 23, 2025

Managing a successful supply chain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. This software enables companies to create more efficient and transparent relationships with their suppliers, improving the overall performance of their supply chain.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

Supply Chain Optimization 52

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

Procurify

JUNE 8, 2022

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. Supply base optimization ensures that you are focusing on working with suppliers that are the most productive and beneficial to your business. .

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Supply 52

SCMDOJO

JUNE 14, 2023

As a result, businesses can optimize their logistics processes using Orchestration and save time and resources. This technology allows businesses to monitor their supply chain from order placement to final delivery in real-time. This increased visibility leads to more efficient supply chain and inventory management.

Supply Chain Efficiency 105

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 105

Procurement Insights

MAY 22, 2025

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. contracts, SOC reports, ESG disclosures) into actionable insights is a core Certa.ai Summary Table: Certa.ai

Supply Chain Efficiency 40

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

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. But, this doesn’t mean that it’s the optimal way of working. Subscribe Here! Email Address.

supply chain budgeting 98

supply chain budgeting Procurement Supply Chain Efficiency e2e 98

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Common Contract Types: Lump Sum Contracts: Set fee for all work completed.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Common Contract Types: Lump Sum Contracts: Set fee for all work completed.

Supply Chain Efficiency 52

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

Jaggaer

OCTOBER 3, 2024

It starts with spend analysis to provide a detailed cost breakdown, providing the information for competitive tendering via auctions using our Sourcing and Advanced Sourcing Optimizer modules, and aggregating spend where it makes sense for better leverage in negotiations. First, organizations need to get full supply chain visibility.

Supply Chain Optimization 52

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

Supply Chain Game Changer

NOVEMBER 26, 2018

Supply chain visibility is also incredibly important these days. If you are managing, or hope to manage, a reasonably effective supply chain you need to know when goods are coming in to your company, moving through your company, and leaving your company. End-To-End Supply Chain Visibility.

Strategy 79

Strategy Management Real-time Visibility e2e 79

Supply Chain Brain

JUNE 11, 2018

You’d be hard pressed to find a major industry today that isn’t talking up blockchain as a cure-all for the ills of global supply chains. The idea of a virtual, distributed ledger that can serve as an indelible system of record for any number of business transactions between supply-chain partners — well, it’s irresistible.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 40

The Good Spending

JUNE 15, 2022

T hese routine activities leverage integrated automated systems, enabling supply chain visibility. Nevertheless, as in our earlier post on supplier segmentation , the buyer-supplier relationships evolve in the modern industrial world of ever-increasing supply chain risks and constraints.

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supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

TYA Suite

SEPTEMBER 25, 2024

These risks might include supplier failures, price fluctuations, contract disputes, or regulatory changes. By implementing robust procurement risk management strategies, organizations can minimize disruptions, secure favorable terms, and maintain supply chain stability.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Solvoyo

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. 2) Real-time visibility is extremely valuable during times of crisis! End-to-end scenario analyses require this visibility data as input. no supply, plant closures, 30% reduction in demand).

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Solvoyo

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. 2) Real-time visibility is extremely valuable during times of crisis! End-to-end scenario analyses require this visibility data as input. no supply, plant closures, 30% reduction in demand).

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business. Why All the Buzz About Blockchain for Supply Chains?

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business. Why All the Buzz About Blockchain for Supply Chains?

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

Procurement Software

MARCH 5, 2024

Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Supply Chain Brain

MARCH 12, 2018

They must be crafted to support particular applications — for example, determining the provenance of freight throughout the supply chain, or enabling the payment of bills. For blockchain to become a viable tool for freight, commercial standards need to be put in place. But most are doomed to eventually fail.

Supply Chain Optimization 40

Supply Chain Optimization Contract Supply chain Data 40

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

SCMDOJO

MARCH 28, 2025

A key area where the impact of AI is most notably observed is in route optimization. A compelling illustration of this is UPS’s ORION system, which leverages AI to optimize delivery routes, resulting in annual savings exceeding $400 million through reduced fuel consumption. Check out the course below!

Logistics 52

Logistics Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Let's Talk Supply Chain

APRIL 7, 2025

Supply Chain Management Review becomes the epicenter where perspectives clash, strategies pivot, and uncertainties loom. Overview of the Tariff Decision Amidst the flurry of reactions to Trump’s reciprocal tariffs, the global supply chain community is abuzz with speculation and analysis.

Supply chain management 72

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 72