World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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 90

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

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 111

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 111

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. That is to say, there isn’t one single career in supply chain management. That is to say, there isn’t one single career in supply chain management.

Supply chain management 70

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 70

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Agile and Lean Supply Chain 71

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 71

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

The Good Spending

AUGUST 16, 2022

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization Agile and Lean Supply Chain 52

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

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”? Interestingly there are many views on how to define Supply Chain.

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

Supply Chain Game Changer

JULY 31, 2019

Subscribe to Supply Chain Game Changer. Brand Protection – The Definitive Role of the Supply Chain! A while ago, we blogged about how more Startups are looking to Supply Chain Management to boost their productivity as they scale. But trust us, if you don’t have Supply Chain experience, you can’t.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 72

Supply Chain Game Changer

MARCH 23, 2021

Subscribe to Supply Chain Game Changer. Is Your Supply Chain A Cost Centre or a Value Creator? Supply Chain responsibilities are vast in any organization. This can be analogous to the work done in Supply Chain. So let’s explore the Supply Chain Workload iceberg!

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Real-time Visibility Supply 64

ivalua

AUGUST 18, 2015

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in strategic sourcing and supplier management, supplier collaboration enables you to achieve (or beat!) Innovating.

Collaboration 173

Collaboration Suppliers Bill of materials Supply Chain Efficiency 173

Una

AUGUST 2, 2022

Benefits include cost savings, risk reduction, efficiency gains, transparency, agility, customer satisfaction, employee engagement, and much more. Contact our team of Sourcing Advisors to learn more. Benefits of Cloud-Based Supply Chain Management. Una’s team of Sourcing Advisors is here to help.

Procurement 98

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

Let's Talk Supply Chain

JUNE 28, 2023

Trakking Helps Solve these 5 Challenges The process of sourcing and managing empty shipping line containers has long been a significant inefficiency for all industries that rely on importing and exporting goods. Watch the podcast episode where we discuss maximizing container efficiency with Trakking. Click here!

Supply Chain Efficiency 97

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

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 84

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 84

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Lots of things are happening in Supply Chain Management! The field is becoming more digital, with end-to-end planning and blockchain technologies transforming the way products are coming to market. They’re exciting.

Supply Chain Efficiency 49

Supply Chain Efficiency Supply chain Supply Logistics 49

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Una

SEPTEMBER 6, 2022

Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. Eliminating waste; for example by reducing lengthy sourcing times. Some of the benefits of leveraging lean procurement include: Reduce time-to-source.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

ivalua

AUGUST 18, 2015

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in strategic sourcing and supplier management, supplier collaboration enables you to achieve (or beat!) Innovating.

Collaboration 100

Collaboration Suppliers Bill of materials Supply Chain Efficiency 100

Supply Chain Game Changer

NOVEMBER 23, 2018

The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket.

Supply Chain Optimization 43

Supply Chain Optimization Logistics supply chain budgeting Supply Chain Efficiency 43

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What’s The Difference Between Logistics and Supply Chain Management? But to anyone who works in Supply Chain, in particular with a title including either the term Logistics or Distribution, or if you work in a Distribution Centre or for a Logistics company, then there are distinct differences between these words.

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

Supply Chain Opz

JANUARY 17, 2017

Supply Chain Management is complex and truly mastered by few. For those of us who have made our careers in supply chain, one of the great challenges, and the attraction of the discipline, is the variety of differing opinions about what constitutes ‘excellence in supply chain’ and how it can be best achieved.

e2e 40

e2e Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 40

Empowering CPO

JUNE 26, 2023

By analyzing historical spend patterns and supplier performance, organizations can negotiate better contracts, consolidate suppliers, and implement strategic sourcing initiatives. These actions lead to improved negotiation power, reduced costs, and enhanced overall procurement efficiency.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

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. Subscribe Here! Email Address. What’s the Difference Between Logistics and Distribution? ” That is the definition in a nutshell.

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Supply Chain Game Changer

FEBRUARY 19, 2019

People who do not work in Supply Chain may hear the terms Fulfillment and Replenishment and consider that they mean the same thing. Interestingly many people who do work in Supply Chain consider the terms Fulfillment and Replenishment to be synonymous. But what does that mean in terms of the Supply Chain?

Supply Chain Efficiency 59

Supply Chain Efficiency Quantity Demand Planning Supply chain 59

Planergy

JULY 18, 2023

Assets are items a company owns that can be sold or converted into cash quickly; these include inventory, accounts receivable, and short-term investments. Working capital measures how efficiently a business uses its resources to generate sales and profits. Short-term investments the company plans to sell within 12 months.

Import 52

Import supply chain budgeting Inventory Budget 52

Supply Chain Trend

OCTOBER 29, 2021

Many IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. New Wave 3 Technology can empower a more efficient and responsive planning process. We propose that IBP be segmented by decision type into execution, operational, planning, and strategy/culture.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

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

Let's Talk Supply Chain

APRIL 13, 2023

Sourcing global talent Provides established processes for staff augmentation Visibility, KPIs, training, clear expectations When do customers approach Lean Solutions Group? based office and remote office Developing improvement plans based on data. People looking to build efficient organizations.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Real-time Visibility Logistics supply chain software solutions 52

Planergy

DECEMBER 8, 2022

How to Choose the Right Type of Demand Forecasting for Your Business. Forecasting is the process of estimating future demand for a product or service. Businesses use demand forecasting to make decisions about production levels, pricing, inventory management, and other factors impacting their bottom line.

Demand 52

Demand Data supply chain software solutions Inventory 52

Supply Chain Trend

OCTOBER 31, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. For the next 6 weeks Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Supply Chain Trend: Can you describe your first involvement in S&OP?

Supply Chain Optimization 121

Supply Chain Optimization Supply Chain Efficiency Leadership Supply chain 121

Empowering CPO

JUNE 27, 2023

With our extensive expertise and innovative approach, we empower organizations to harness the true potential of spend analysis and unlock hidden opportunities for savings, efficiency, and growth. By proactively addressing these risks, organizations can minimize disruptions and ensure a reliable supply chain.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40