SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The complexity of the e-commerce landscape is compounded by the presence of multiple sales channels, posing challenges to efficient management.

Supply Chain Efficiency 77

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 77

IBM Supply Chain Blog

MARCH 16, 2023

In fact, Gen Z are not only poised to drive the momentum even further towards sustainable shopping , but they are also influencing older generations to similarly shift their preferences towards sustainability. This signals a huge opportunity for fashion brands to deliver clothes, shoes and accessories that are made sustainably.

Supply Chain Efficiency 56

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 56

ivalua

FEBRUARY 24, 2021

Supply Chain Transformation is ongoing but never more important than in 2021. Despite the initial capital investments, these technologies are driving efficiencies that ultimately lead to cost reduction. What Will Impact Procurement Processes in 2021? This was due in large part to the way they were designed. “The

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

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).

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Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 84

Supply Chain Game Changer

MARCH 14, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses.

Supply chain management 115

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 115

SupplyShift

APRIL 14, 2020

The coronavirus pandemic has disrupted supply chains around the globe and brought intense scrutiny to management strategies. Manufacturing industries such as apparel, auto parts and semiconductors have been hit particularly hard as factories shut down in China, followed by other global supply regions. But that’s just the start.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain e2e Supply 40

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. When Covid-19 hit, supply chains across the globe nearly came to a halt. Procurement Teams Step-up.

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Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

Supply Chain Game Changer

AUGUST 11, 2021

Subscribe to Supply Chain Game Changer. Cyber Security and the Digital Supply Chain! Technology has mainly driven the growth of supply chain operations throughout the years. Supply chain breaches pose a substantial danger to businesses, potentially interrupting operations and harming their reputations.

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Supply Chain Efficiency supply chain software solutions Supply chain Supply 98

Procurement Tactics

JULY 23, 2023

It focuses on making things better by improving quality, getting rid of waste, and making processes more efficient. Edwards Deming, an American expert in quality management. In the 1950s, Deming introduced statistical process control methods to Japan, emphasizing the importance of quality and continuous improvement.

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Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

Procurement Templates

SEPTEMBER 14, 2023

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. It goes beyond the traditional criteria of cost, quality, and reliability, encompassing environmental and social considerations.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

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.

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

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. So, why are managed procurement services necessary?

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

World of Procurement blog

MAY 23, 2024

To gain operational efficiencies by standardising and simplifying purchasing processes across fewer supplier relationships. To build stronger strategic relationships with their most capable suppliers, facilitating collaboration on product innovation, quality, sustainability, and continuous improvement.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Procurement Tactics

APRIL 24, 2023

Thus, they help achieve sustainability by reducing your purchasing impacts through your supply chain and procurement. Because of their purchasing power, retailers have a great amount of influence over the commercial decisions made by their suppliers. Look for suppliers that value transparency and have a reputation for quality.

Sustainability 182

Sustainability Suppliers Supply Chain Efficiency Procurement strategies 182

SCMDOJO

DECEMBER 14, 2023

Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy. Time is really important in business.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 79

IBM Supply Chain Blog

AUGUST 1, 2023

We’re delighted about the recent expansion of IBM and Adobe’s dynamic partnership to help brands transform their content supply chains using generative AI. More efficient end-to-end content workflows: Optimizing enterprise end-to-end workflows that support the content supply chain is a critical first step.

Supply Chain Optimization 60

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Supply chain 60

World of Procurement blog

APRIL 23, 2024

Procurement plays a crucial role in the operational efficiency and sustainability of a business. Purchase Order Cycle Time Evaluates the efficiency of the procurement process by measuring the time from when a purchase request is made to when the order is completed.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a crucial role in the operational efficiency and sustainability of a business. Purchase Order Cycle Time Evaluates the efficiency of the procurement process by measuring the time from when a purchase request is made to when the order is completed.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Procurement Heads

MARCH 27, 2023

And of course, we’re all thinking about a general election that’s likely to happen in the next few years, which could influence procurement legislation being introduced following Brexit. Sustainability is one of those, and supply chains can influence carbon emissions in a huge way.

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Sustainability Agile and Lean Supply Chain Influencing Procurement 246

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.

Suppliers 100

Suppliers Supplier consolidation Supply Chain Efficiency Data 100

Pipefy

OCTOBER 25, 2023

Procurement’s increasingly important role in business success Procurement’s role has evolved over the last 100 years and especially within the last four years — and so has their typical area of focus and influence on business decisions.In These are the real outcomes and value that procurement’s strategic involvement and influence offers.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Nearshoring Nearshoring falls somewhere between onshoring and offshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Pipefy

JANUARY 30, 2024

Because procure-to-pay teams lacking business agility, internal resources, or adequate tools are hungry for solutions that can help them streamline operations, increase strategic influence, gain spend control, innovate sourcing streams, improve efficiency, and increase time for more “high-value” work.

Agile and Lean Supply Chain 52

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

Procurement Tactics

MARCH 22, 2023

Struggling Supply Chain Mining accidents, extreme weather, unexpected machinery maintenance, and the after-effects of the pandemic all keep iron ore supply efficiency below its expected production capacity. Emerging steel markets from India and Japan also tighten iron ore demand and its prices.

Price 194

Price Export Demand Supply Chain Efficiency 194

Supply Chain Trend

APRIL 25, 2024

It is not new in supply chain management either. Lee’s uncertainty framework (2002) shows how segment your supply chain in demand streams and how to define your supply chain response to that. It is not new in strategy. Elegantly put in a two by two we all love.

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Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 78

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. This can be broken down by suppliers, departments, or individual goods and services.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. This can be broken down by suppliers, departments, or individual goods and services.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

Una

MARCH 30, 2023

Reporting lines make a difference: if your function happens to report to the CFO, it’s likely that the overriding focus will be on driving savings for the organization through procurement efficiencies and spend compliance. This can lead to better quality, faster delivery times, and more innovative solutions.

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Procurement Supply Chain Efficiency Procurement team Sustainability 104

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

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

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supply chain budgeting Management Supply Chain Optimization Procurement 52

Empowering CPO

MAY 31, 2023

This not only leads to improved efficiencies and cost savings but also sparks innovation and creates opportunities for growth. This could include measures of quality, delivery punctuality, adherence to terms of contracts, and more. Effective risk management is crucial in maintaining a stable, reliable supply chain.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Procurement Heads

FEBRUARY 16, 2023

For Procurement Heads ‘ latest CPO Spotlight, Sebastien spoke with Rupert Gaster about his career, how CPOs can influence an organisation’s sustainability agenda and what key achievements he’s most proud of. How did it feel to be recognised once again in the CIPS Power List? It always gives a double feeling in my opinion.

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Influencing Sustainability Procurement Supply Chain Efficiency 130

Procurement Tactics

JUNE 7, 2023

It is a common concept in cost accounting and is used to evaluate the efficiency of a company’s purchasing process. The standard price is the price that the company estimates it should pay for an item, taking into account quality level, purchasing quantity, and delivery speed. Why is it Important?

Price 130

Price Purchasing Raw materials Negotiation 130

Una

NOVEMBER 30, 2022

The recent global pandemic exposed many economic vulnerabilities, not the least of which were weaknesses in many supply chains. Going digital also shows real-time value through more accurate spending transparency, better supplier relationship management, and advanced leveraging of data and analytics. . Supply chain optimization.

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Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97