Procurement Tactics

DECEMBER 21, 2022

Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.

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Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 244

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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supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Sustainability Agile and Lean Supply Chain 183

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. Why is CPFR Important? However, what is it?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

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 78

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

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Supply Chain Game Changer

MARCH 18, 2020

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Optimize Supply Chain article and permission to publish here provided by Roel Calatin at pointonerecruiting.com. Supply chains are what keep businesses alive in today’s modern age. Subscribe Here!

Supply Chain Optimization 100

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 100

SCMDOJO

MARCH 8, 2024

Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency Inventory Strategy 82

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

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Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

DECEMBER 7, 2022

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

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

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 73

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. But what exactly does it entail?

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

Procurement Tactics

NOVEMBER 8, 2022

Finance Hacks: — How to Reduce Supply Chain Costs. Supply chain management is a crucial aspect of operations from small businesses to multinational corporations. It focuses on optimizing processes from raw materials to the final products. Cost reduction strategies are equally important.

supply chain budgeting 182

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 182

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 62

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 62

Procurement Templates

APRIL 10, 2022

While there is no single common format for supplier business reviews, it is clear that there are some proven best practices. These meetings should be part of the contract management process, and while it may seem obvious what to do, it’s important to consider what you’re trying to achieve with these reviews.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 82

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 82

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.

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

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.

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supply chain software solutions Suppliers Management Real-time Visibility 134

Let's Talk Supply Chain

JUNE 19, 2023

In today’s episode of Women in Supply Chain , I’m joined by Sharon Manker – award-winning supply chain, supplier diversity and inclusion strategist; author; board director; keynote speaker; and advocate. Sharon is a multi-talented supply chain and procurement professional, with over 20 years industry experience.

Supply Chain Optimization 98

Supply Chain Optimization supply chain software solutions Supply chain Supply 98

Procurement Tactics

AUGUST 15, 2022

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. . For this article, we will show you steps on how to create a successful supply chain plan.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Supply Chain Efficiency 77

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 77

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 79

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 79

Supply Chain Game Changer

JUNE 10, 2021

Subscribe to Supply Chain Game Changer. The Disintermediation of the Supply Chain! Integrated Supply Chain Management article and permission to publish here provided by Tyrone Fisher. Most businesses are aware how important a supply chain is to operations. GET our EBOOK HERE.

Supply chain management 73

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 73

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!

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

Skill Dynamics

FEBRUARY 6, 2024

Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. Strategy development considers how best to communicate with the chosen suppliers around specific needs and solutions.

Supplier relationship management 59

Supplier relationship management Suppliers Supply Chain Efficiency Management 59

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.

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 92

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

HICX

MAY 1, 2024

Supplier onboarding is a critical process for organizations, ensuring that new suppliers are seamlessly integrated as partners for the enterprise. As a result, “We don’t always make it easy to do business with us with for for our suppliers,” Kurt explains. This inefficiency has tangible costs.

Suppliers 52

Suppliers Supply Chain Efficiency Risk management Supply Chain Optimization 52

Procurement Express

MAY 8, 2024

In this post, we feature a special guest, Alex English, from Ion Storage Systems, who will be sharing insights on supply chain management in startups. Alex has extensive experience in supply chain, ranging from consumer electronics to the cutting-edge technology being developed at Ion.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

Spend Matters

JANUARY 2, 2024

After the last few tumultuous years, procurement teams are still facing steep challenges in getting ahead of supplier and supply chain risks. Some organizations have opted to invest in new, more robust supplier and third-party risk management (TPRM) systems, while others are optimizing their existing systems.

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Risk Suppliers Raw materials Risk management 77

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023. Here are four key considerations: 1.

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Price Suppliers Negotiation Quality 177

World of Procurement blog

MAY 23, 2024

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. Having strategic partnerships allows suppliers to lower prices. Look for suppliers with the best pricing structures.

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Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

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.

Supply Chain Optimization 52

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

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.

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Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

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 is visibility so important? Why do we need supply chain visibility? It opens the doors to accountability.

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