World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

JANUARY 26, 2024

Embarking on a journey to elevate your supply chain career requires a strategic roadmap, and in this blog post, we unveil eleven proven strategies that will act as your compass to success. When I aimed to transition from a demand planner to a supply chain manager, I developed a five-year plan.

Supply Chain Optimization 65

Supply Chain Optimization Supply chain Leadership Supply chain management 65

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

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 105

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 105

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. Data-driven Decision Making In today’s data-driven world, the role of data in procurement has become increasingly significant.

Real-time Visibility 40

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

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 69

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 69

Planergy

JULY 18, 2023

One of the most important aspects of procurement is understanding and utilizing working capital in the best way possible to ensure you are making the most of your resources. Short-term investments the company plans to sell within 12 months. If your working capital isn’t where it should be, there are steps you can take to improve it.

Import 52

Import supply chain budgeting Inventory Budget 52

Supply Chain Brain

MAY 7, 2018

of course, has the potential to affect multiple stages and functions of the supply chain. When being applied to business and the supply chain, however, it takes on a different form — one that’s both more and less “human” in nature. Global supply chains might be dealing with billions of transactions on a monthly basis.

Price 40

Price Raw materials Supply Chain Optimization Supply chain 40

Supply Chain Action Blog

JULY 8, 2021

After a short stint in manufacturing process engineering in another industry, she got interested in the business side of things and moved into supply chain planning, starting in demand planning. And, anyway, forecasts will always be wrong, they will always change, and the demand planner will always take the blame.

Demand Planning 40

Demand Planning Demand Supply Chain Optimization Agile and Lean Supply Chain 40