SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 74

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 74

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

Una

APRIL 15, 2024

7 Signs of Supplier Financial Instability Explore seven signs of supplier financial instability and learn how to proactively protect your business against risk. By Hugo Britt | April 16, 2024 Search Search Part of your job as a procurement professional is to ensure a stable and reliable supply chain.

Suppliers 52

Suppliers supply chain budgeting Quality Risk 52

Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

Supply Chain Efficiency 130

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

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

Procurement Tactics

MAY 22, 2023

Additionally, we will tell you the advantages of having integrated logistics in your supply chain. Thus, this will enable you to implement it in your supply chain. Defining goals Defining your goals involves establishing clear targets for reducing costs, improving efficiency, and enhancing customer satisfaction.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

SCMDOJO

JANUARY 30, 2023

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 118

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Positive Purchasing

MARCH 14, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability in your supply chain, then prioritizing where and how to focus your resources to make the greatest positive impact. Refine, reorder, and finalize the Hit List.

supply chain budgeting 52

supply chain budgeting Sustainability Agile and Lean Supply Chain Supply chain 52

Procurement Tactics

AUGUST 24, 2022

Supplier Networks — The Ultimate Guide of 2022. Supplier networks are important in the procurement industry to find your preferred supplier. In this article, we will discuss what supplier networks are. After this article, you will have an insight into what supplier networks are. What is a Supply Network? .

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

Supply Chain Efficiency 107

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 107

Procurement Tactics

JULY 4, 2023

It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings. Importance of Should Cost Model A should-cost model is an essential tool for procurement and supply chain organizations.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. The process of data analysis allows companies to become more efficient. Email Address.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

Supply Chain Visibility 52

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

Procurement Tactics

JUNE 19, 2023

AI systems are able to learn, recognize patterns, and make predictions by analyzing data with the use of algorithms and statistical models. AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. Types of AI Used in Logistics 1.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. AI-powered contract management.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Procurement Tactics

JUNE 28, 2023

It involves systematically tracking, recording, and analyzing data or metrics relating to procurement activities to improve efficiency, and cost-effectiveness , comply with business policies and procedures, and ultimately aid in important business decision-making. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

Supply Chain Game Changer

JUNE 30, 2022

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Subscribe Here! Email Address. Consolidation.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Tools like predictive procurement empower procurement leaders to face current and future disruptions head-on, transforming a reactionary role into one that’s proactive and data-driven.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Email Address.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Let's Talk Supply Chain

DECEMBER 4, 2023

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. 06.40] A closer look at current supply chain challenges, and what SDI are seeing with their clients. 14.04] The ideal client for SDI. “We

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility supply chain budgeting Supply Chain Efficiency 52

Let's Talk Supply Chain

JUNE 25, 2023

Their global team of nearly 2,000 people is united in a mission to create breakthrough products that enable and empower those that own and operate the supply chains of the world. In a world where we’re so overpowered with information, extra data isn’t really a help. Guest bio: Richard founded WiseTech Global in 1994.

supply chain software solutions 95

supply chain software solutions Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 95

HICX

AUGUST 30, 2023

Many will react, as the sector has done for decades, by beating down suppliers on price. All this does though is bounce the problem around the supply chain. It drains suppliers of the resources they need to deliver vital enhancements – including supplies, information, and ideas – without which, brands are less competitive.

Suppliers 52

Suppliers supply chain budgeting Price Quality 52

IBM Supply Chain Blog

NOVEMBER 3, 2022

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

Supply Chain Efficiency 118

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 118

SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. And one of the most promising innovations in recent years is ChatGPT for supply chain. If you are not familiar with ChatGPT, don’t worry!

Supply Chain Optimization 126

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

Supply Chain Game Changer

SEPTEMBER 5, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Subscribe Here!

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

ivalua

FEBRUARY 24, 2021

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.

Suppliers 130

Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

Jaggaer

NOVEMBER 12, 2019

The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy. In the worst-case scenarios, this can lead to arguments about whose data is the “truth”. Another disadvantage is that suppliers see little or no value.

Collaboration 78

Collaboration Suppliers Data supply chain software solutions 78