Procurement Tactics

JULY 19, 2023

A recent study conducted by Oracle revealed that a staggering 82% of American consumers express concern over the potential impact of supply chain disruptions, such as delivery delays. This optimization enhances profitability and allows businesses to allocate their resources more effectively. However, what is it?

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Procurement Tactics

AUGUST 15, 2022

Or receive our famous weekly newsletter. Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . What is Supply Chain Planning?

Supply Chain Efficiency 130

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SCMDOJO

JUNE 22, 2023

The realm of business today is incredibly competitive, with marketing standing as a critical determinant of a company’s triumph, particularly in the sector of supply chain. Search engine optimization (SEO), social media, email campaigns, and content marketing are your new best friends. What makes you better?

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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 110

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Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207

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Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

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Una

JANUARY 17, 2023

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology. Streamlined cross-border trade.

Supply Chain Efficiency 98

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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

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Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market. Last Mile Logistics: What is it?

Logistics 209

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Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception.

Logistics 193

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Una

FEBRUARY 19, 2024

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. Why do we need supply chain visibility? Why Do We Need Supply Chain Visibility?

Supply Chain Visibility 52

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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

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Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. Supply Chain Strategies The same can be said for the similar amount of diversity found in the world of supply chain management.

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Finale Inventory

OCTOBER 6, 2023

By understanding what products are in surplus and which are nearing depletion with a stock report, sellers can make informed buying decisions, minimize overstock costs, and optimize cash flow. This report dives deep into how frequently your stock is being replaced, aiding in optimal profitability and ensuring smooth operations.

Supply Chain Optimization 52

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Procurement Tactics

JANUARY 8, 2023

Or receive our famous weekly newsletter. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. As we told you earlier, procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. . Download Whitepaper →. .

Sustainability 207

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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

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Let's Talk Supply Chain

JUNE 22, 2023

One of the major drivers of Women in Supply Chain is Let’s Talk Supply Chain’s commitment to supporting bridging the gender gap in the industry. By having meaningful dialogues to close the diversity gap in logistics and supply chain, you can drive faster business growth. I was searching for an AHA!

Agile and Lean Supply Chain 104

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Procurement Tactics

AUGUST 25, 2022

Or receive our famous weekly newsletter. In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide.

Procurement 231

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Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

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Procurement Tactics

NOVEMBER 17, 2022

Or receive our famous weekly newsletter. Also, companies should be prepared for their data to be audited to provide clients with proof of their level of sustainability. Or receive our famous weekly newsletter. The ability to analyze data quickly will make sustainability initiatives prosper in your operations.

Sustainability 203

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Una

MAY 22, 2024

Furthermore, automation can support spend analysis by gathering and analyzing data from various sources, enabling organizations to make data-driven decisions and optimize their procurement strategies. By leveraging AI, you can optimize supplier selection, forecast demand more accurately, and identify cost-saving opportunities.

Supply Chain Efficiency 52

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Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Warehouse Automation — Transforming Warehousing Warehouse automation helps businesses to increase productivity and accuracy in their warehouses. However, what is it? Best Practices in Warehouse Automation 1.

supply chain software solutions 178

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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

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Let's Talk Supply Chain

MAY 24, 2023

The 2020’s have escalated nonstop supply chain disruption, from delays to shortages and workforce challenges. Supply chain obstacles are still being cited for growing global inflation. Supply chain leaders are still struggling with an ongoing labor shortage—making getting and staying ahead harder.

Agile and Lean Supply Chain 52

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IBM Supply Chain Blog

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

Supply Chain Efficiency 57

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Procurement Tactics

OCTOBER 13, 2022

Or receive our famous weekly newsletter. Strategic sourcing is a part of the supply chain and puts an emphasis on customized solutions and strategic partnerships. All in all, strategic sourcing managers use data to make informed decisions as what they do can have a huge impact on the overall process of the company. .

Strategic sourcing 200

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Procurement Tactics

SEPTEMBER 14, 2022

Or receive our famous weekly newsletter. Sustainable logistics , also known as green logistics, refers to the processes and practices aimed at improving the sustainability of supply chain activities. These activities range from the supply of raw materials to the distribution and the management of the lifecycle of products. .

Sustainability 178

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Procurement Tactics

OCTOBER 18, 2022

Or receive our famous weekly newsletter. SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . 33 Procurement Interview Questions in 2022. First Name. Download Free Whitepaper ?. ?.

Supplier relationship management 181

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Procurement Tactics

AUGUST 23, 2022

Or receive our famous weekly newsletter. The contract management process does not get enough attention as much as supply chain management and process automation. Additionally, it plays a huge role in the relationship of the organization with everyone in its supply chain and market. . First Name. Download Free PDF.

Contract management 130

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Let's Talk Supply Chain

APRIL 26, 2023

Over the last few years, a lot has changed in the supply chain industry. Fueled by constant disruptions that peaked during the pandemic and constant news headlines about the latest chain issues, consumers are more informed about supply chain and how it impacts their communities and daily lives.

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Planergy

JULY 5, 2022

ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Of all these emissions, 2/3 of them usually come from the upstream supply chain. Download Free Copy. Written by.

Sustainability 52

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Supply Chain Game Changer

OCTOBER 5, 2022

Subscribe to Supply Chain Game Changer. in Framingham, MA had issues controlling and managing their supply chains, they came up with the concept of JIT-II – or Just-in-Time II. The technology doesn’t replace an existing management but sits on top of it for real-time data connectivity rather than batched.

Real-time Visibility 88

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Procurement Tactics

JULY 20, 2023

But with Supplier order management software, businesses can now automate and optimize these processes, resulting in improved efficiency, cost savings, better customer services, reducing manual errors, and optimizing the overall procurement flow. Supplier Order Management Software: What it is? Here are some key advantages: 1.

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Supply Chain Game Changer

AUGUST 22, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Optimization Techniques to Achieve Your ECommerce Goals! They will definitely support you with an adorable eCommerce platform in the short term and optimize accuracy, relevancy, and content. There are some websites that purpose email newsletters.

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Una

MAY 7, 2024

It helps in comparing current or proposed prices against industry standards, historical data, or market benchmarks to assess the reasonableness and competitiveness of pricing. It enables organizations to explore areas for optimization, value engineering, and process improvements to drive cost reduction initiatives.

Procurement 52

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Arkestro

MARCH 8, 2024

These awards recognize outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage. “Many of today’s supply chain pros are more than just leaders within their space; they’re innovators, decision-makers, pioneers of change and growth.

Demand 52

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Una

OCTOBER 17, 2023

Data Insights Chatbots can analyze procurement data in real-time, providing valuable insights to procurement professionals. This data-driven approach helps in making informed decisions, optimizing supplier relationships , and identifying cost-saving opportunities.

Procurement 52

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