Spend Matters

NOVEMBER 13, 2024

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. Recent events have illustrated how interconnected and fragile supply chains can be.

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Risk Suppliers Risk management Agile and Lean Supply Chain 116

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? The Evolution of Supply Chain!

Supply chain management 75

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 75

SCMDOJO

DECEMBER 14, 2023

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

Spend Matters

MAY 8, 2024

Working capital optimization is not merely a financial strategy; it is the lifeline of business operations. However, S2P solutions, such as GEP, SAP Ariba, Ivalua and others, have been increasingly investing in building capabilities that directly or indirectly support working capital optimization. This content is for members only.

Supply Chain Optimization 112

Supply Chain Optimization Supply Chain Efficiency Influencing Supply chain management 112

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Access to data on supplier performance, market trends, and cost analyses enables leaders to optimize procurement strategies for improved efficiency and effectiveness.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Let's Talk Supply Chain

MARCH 24, 2025

In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. Welcome ‍to the frontline of change in the world of electronics supply chains.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 98

Supply Chain Game Changer

JUNE 11, 2019

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management. Subscribe Here!

Agile and Lean Supply Chain 106

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization Supply chain 106

SCMDOJO

JUNE 6, 2023

In today’s fast-paced business world, optimizing your supply chain is essential for staying competitive and efficient. With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 105

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Use these eight tips to optimize your SMD for smoother processes, more accurate information and better business value. This means optimizing in all directions.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

Let's Talk Supply Chain

APRIL 20, 2025

In the intricate ‍web of global trade, ‍navigating through tariffs and supply chain compliance can feel ‍like threading a needle in a storm. However, understanding the crucial role of supply ‍chain and compliance in tariffs can serve as a guiding light in this complex terrain.

Supply Chain Efficiency 52

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

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. Understand your demand.

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Inventory control Supply Chain Optimization Inventory Quantity 98

Supply Chain Game Changer

OCTOBER 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) But in the area of Supply Chain, which truly spans the entire operations of most any company, these technologies provide the platform to totally redefine how the work of Supply Chain is conducted every minute of every day.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 97

Supply Chain Game Changer

OCTOBER 8, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Digital Supply Chain Predictions. Subscribe Here!

Supply Chain Efficiency 82

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 82

Procurement Insights

APRIL 8, 2025

MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supply chains. Complex, multi-tiered supply chains Superior (e.g.,

Supply Chain Optimization 81

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 81

Supply Chain Opz

JANUARY 7, 2013

Is Apple Supply Chain Really the No. Surprisingly, IT research firm Gartner ranks Apple Supply Chain as the best supply chain in the world for 4 years in a row. But, is Apples Supply Chain really the number 1? 1) Apples Supply Chain Model. Supply Chain Model of Apple Inc.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 111

SCMDOJO

DECEMBER 29, 2022

Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. Optimization Challenges. WMS are sold with claims to proffer core solutions like optimization of bin storage, route optimizations, optimal employee workload, etc.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Warehouse operations 72

Procurement Insights

APRIL 4, 2025

Here is a real-life case example: The Hershey Company has engaged with several ProcureTech solution providers to enhance its procurement and supply chain operations: SAP S/4HANA :Hershey selected SAP S/4HANA as its digital backbone to integrate various functions, including procurement and product lifecycle management.

Influencing 85

Influencing Supply Chain Optimization Innovation Supply Chain Efficiency 85

Supply Chain Game Changer

DECEMBER 2, 2020

Subscribe to Supply Chain Game Changer. Customer-Centric Supply Chain article and permission to publish here provided by Bryce Boothby. In a practical sense, that means shifting from reactive to proactive, customer-centric supply chains. Definitely! The Customer-Centric Supply Chain.

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Supply Chain Efficiency Supply Chain Optimization Supply chain e2e 88

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 75

The Network Effect

AUGUST 7, 2014

Our traditional technology limitations were rooted in the typical ERP environment where the business user receives information that has gone through and across multiple software modules and thus has been re-optimized or reconciled several times. Cloud Demand-Driven cloud consumer-driven demand-driven supply chain technology'

Supply Chain Optimization 79

Supply Chain Optimization supply chain software solutions Data Supply chain 79

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Strategy 119

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 119

Spend Matters

FEBRUARY 5, 2025

Lets start with a few definitions. To kick off this series, we would like to set the stage and position the building blocks that subsequent pieces will explore further. Digital transformation: What does it even mean? Weve all heard the buzzwords: digitization, digitalization and digital transformation.

Procurement 113

Procurement Change management Strategy supply chain budgeting 113

SCMDOJO

AUGUST 28, 2024

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain.

Real-time Visibility 98

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 98

Finale Inventory

JULY 11, 2024

We will examine their definitions, provide practical examples, and discuss their significance in modern business operations. Additionally, these systems contribute to strategic planning and management by providing insights and analysis that help businesses optimize operations, mitigate risks, and capitalize on opportunities.

Supply Chain Optimization 52

Supply Chain Optimization Strategic planning Inventory Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 30, 2019

Subscribe to Supply Chain Game Changer. But for those who are professionals working in the Supply Chain field there can be very unique distinctions in this terminology. ” That is the definition in a nutshell. Subscribe Here! Email Address. What’s the Difference Between Logistics and Distribution?

Logistics 86

Logistics Management Supply Chain Optimization Supply Chain Efficiency 86

Supply Chain Game Changer

SEPTEMBER 3, 2020

Subscribe to Supply Chain Game Changer. Optimize Reverse Logistics article and permission to publish here provided by Raanan Cohen at bringg.com. How can you optimize reverse logistics? The definition of reverse logistics varies as no two use cases look the same. Subscribe Here! Email Address.

Supply Chain Optimization 65

Supply Chain Optimization Logistics Supply Chain Efficiency supply chain software solutions 65

Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 26, 2018

The concept of the “control tower” is increasingly becoming widespread in Supply Chain Management, and Control Tower technologies are a popular topic right within the supply chain community. Every research firm and vendor has their own definition, but all share the common theme of visibility.

Supply Chain Efficiency 67

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 67

Procurement Insights

MAY 3, 2025

There is definitely a reason why a handful of us are still around after all these years: quality over quantity. Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Finale Inventory

JUNE 21, 2024

This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Inventory 52

Finale Inventory

JUNE 21, 2024

This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Supply Chain Optimization 52

Procurement Freelancers

MARCH 30, 2025

Synopsis: Definition & Role: A supply chain consultant optimizes procurement, logistics, inventory, and risk management… The post What Does a Supply Chain Consultant Do? A Complete Guide first appeared on Procurement Blog | Procurement & Supply Chain News.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Risk management Supply 52

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

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Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

All Things Supply Chain

APRIL 4, 2016

With this definition, inventory … Continue reading → In its narrowest sense, inventory management comes down to the ability to find the right balance between tied capital (in the form of overstock or slow-movers) and high availability to fulfil every customer order on time.

Inventory 162

Inventory Management 162

Procurement Insights

MARCH 23, 2025

“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supply chain. MRO vs. Office Supplies). Ivaluas analytics).

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Suppliers 52