Jaggaer

APRIL 9, 2025

How MES is Shaping the Future of Manufacturing and Boosting Production Efficiency What is a Manufacturing Execution System (MES)? An MES provides a functional layer between enterprise resource planning (ERP) and process control systems, giving decision-makers the data they need to make their production area more efficient.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

Procurement Insights

JANUARY 3, 2025

Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation. Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies.

Agile and Lean Supply Chain 52

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

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. cost, products, legal terms, logistics etc.) Draw up selection criteria optimizing outcomes against risk.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

SCMDOJO

JULY 18, 2024

Vehicle efficiency is a critical factor for businesses operating trucks. It directly impacts operational costs and environmental footprint. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. increase in fuel efficiency. increase in fuel efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Cost of ownership Supply Chain Optimization Sustainable transportation 105

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

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. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Arkestro

NOVEMBER 12, 2024

Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. This allows procurement teams to set up events quickly and efficiently, pre-populating supplier bid sheets with suggested prices.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Jaggaer

FEBRUARY 5, 2025

They instantly compare bids based on predefined criteria, such as the lowest bid, pricing tiers, or total cost of ownership, and rank the suppliers accordingly. For example, carbon emissions can be costed, and delivery times or product quality might be scored numerically or based on predefined KPIs in the system.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Planergy

MAY 8, 2025

5] Scalable Tools Handle Rising Demand: With 95% of organizations reporting increased procurement workloads, digital systems are helping teams scale, reduce cycle times, and handle complex supplier networks more efficiently. [4][5] 7] This proactive approach supports continuity and reduces the impact of supply chain disruptions.

Strategy 52

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

Spend Matters

JANUARY 8, 2024

This is where AI can come into its own, allowing procurement to establish full price transparency and scrutinize vendor requests to determine whether price increases were overly inflated. Amid lower growth forecasts and higher interest rates, companies continue to grapple with the challenge of swiftly optimizing working capital.

Procurement solutions 102

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 102

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Planergy

FEBRUARY 24, 2025

The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? Educational leaders use strategic procurement to negotiate favorable contracts, explore innovative solutions, and drive institutional efficiency. Who Benefits from Efficient Procurement?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Una

NOVEMBER 1, 2022

Procurement professionals are abandoning traditional sourcing practices in favor of more responsive strategies to supply chain management in pursuit of more significant cost savings and organizational efficiencies. Increased efficiency & innovation. Market & supplier intelligence.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Supply Chain Game Changer

NOVEMBER 19, 2018

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Digital transformation of the supply chain will change everything – for the better.

Supply Chain Efficiency 45

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 45

TYA Suite

MAY 13, 2025

dont just save moneythey improve efficiency, reduce waste, and help build stronger relationships with trusted suppliers. The goal is to save money, improve efficiency, and support the companys overall profitability. Why is Cost Reduction necessary in Procurement? What it is: Streamlining to make them more efficient.

Strategy 40

Strategy Import Procurement Raw materials 40

SCMDOJO

APRIL 3, 2022

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

SCMDOJO

JUNE 6, 2024

Watch Procurement Jobs in Future I The Supply Chain Show video on SCMDOJO YouTube Channel! Ethical and Sustainable Procurement: The curriculum emphasizes the importance of responsible sourcing practices, aligning with the growing demand for ethical and sustainable supply chains. Enroll Now!

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

SCMDOJO

APRIL 26, 2023

It involves segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Using category management software is ideal as it creates visibility and efficient management.

Category management 107

Category management Management Supplier relationship management supply chain software solutions 107

Skill Dynamics

OCTOBER 19, 2023

Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. As a result, training on how to navigate these complexities is a must.

Supply Chain Optimization 52

Supply Chain Optimization Strategy Procurement Vendor management 52

Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. This includes fair treatment of suppliers, transparent bid processes, and adherence to anti-corruption policies.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. This includes fair treatment of suppliers, transparent bid processes, and adherence to anti-corruption policies.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

The emphasis has shifted toward strategic partnerships, with a key focus on reducing costs while fostering long-term supplier collaboration. Let’s explore how procurement leaders can unlock significant cost savings by leveraging supplier collaboration strategies.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Strategic Sourcing is a proven approach to understanding and delivering significant cost reduction based on Total Cost of Ownership (TCO), building a sustained value – creating relationship with the suppliers and category spend reduction in order to create and sustain a competitive advantage. So what are the new realities?

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

TYA Suite

JUNE 2, 2025

It follows defined steps to reduce waste, control costs, avoid delays, and ensure quality. Whether it's a small company buying in bulk or a large enterprise managing hundreds of suppliers, an efficient purchase process can directly impact cash flow, compliance, and profitability. What is the purchasing process?

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Empowering CPO

JULY 16, 2023

Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Finale Inventory

JUNE 21, 2024

It allows companies to streamline operations, improve efficiency, and make better informed decisions. Moreover, ERP systems often include modules for human resources, inventory management, and supply chain optimization. Human Resource Management: Manages employee data, tracks attendance, and automates payroll processing.

Supply Chain Efficiency 52

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

Finale Inventory

JUNE 21, 2024

It allows companies to streamline operations, improve efficiency, and make better informed decisions. Moreover, ERP systems often include modules for human resources, inventory management, and supply chain optimization. Human Resource Management: Manages employee data, tracks attendance, and automates payroll processing.

Supply Chain Efficiency 52

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

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Nearshoring Nearshoring falls somewhere between onshoring and offshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

IBM Supply Chain Blog

AUGUST 11, 2023

If your manufacturing processes have become more intricate and challenging to manage manually, an MES can help streamline manufacturing operations management, increase efficiency and reduce errors. MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing.

supply chain software solutions 68

supply chain software solutions Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 68

Supply Chain Trend

DECEMBER 13, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Being early in my supply chain career, I thought this should not be too bad to do.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Empowering CPO

FEBRUARY 11, 2024

At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness. Consulting firms like ours leverage cutting-edge tools and analytics to gain deep insights into market trends, supplier performance, and cost structures.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

IBM Supply Chain Blog

MAY 13, 2024

Optimize costs across use cases : Different models have varying cost implications. By accessing a range of models, businesses can select the most cost-effective option for each application. This step focuses on right-sizing the model to fit the use case optimally as bigger is not necessarily better.

Cost of ownership 70

Cost of ownership Ethics Risk Innovation 70

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. To thrive, procurement functions need to become strategic partners within the organization, actively driving growth and efficiency.

Category management 52

Category management Management Procurement Supplier relationship management 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Finale Inventory

JULY 17, 2024

Enterprise Resource Planning (ERP) software plays a significant role in streamlining operations, improving efficiency , and enhancing overall productivity. The Role of ERP in Manufacturing ERP software plays a vital role in the manufacturing industry, serving as the backbone for efficient and effective operations.

supply chain software solutions 52

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