SCMDOJO

JANUARY 9, 2025

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Sourcing Procurement 97

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation.

Agile and Lean Supply Chain 52

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

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

supply chain budgeting 221

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

Planergy

MAY 8, 2025

This has helped boost transformation success by 42% , as workflows become easier to manage and adopt across departments.[7] 4] Real-time dashboards support centralized oversight, improving coordination between procurement, finance, and supply chain teams.[3] 9] Risk mitigation is another driver.

Strategy 52

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

Procurement Templates

SEPTEMBER 14, 2023

Total Cost of Ownership (TCO) : TCO Analysis : Conduct a comprehensive analysis of the total cost of ownership, factoring in not only the purchase price but also long-term operational costs, maintenance, and sustainability-related costs.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

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. Risk management collaboration involves working together to identify and mitigate potential risks in the supply chain.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40