SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Help Forecast Upstream Supply Constraints Early Warning Signs: S&OP can identify potential demand increases.

Procurement 96

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 96

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. This course will teach you a lot about procurement and purchasing, trends and tendencies in procurement, the role and influence of the procurement function in the company, types of procurement, and more.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Spend Matters

APRIL 10, 2025

Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. Instead of getting bogged down by tedious tasks, they use AI-driven insights to move faster, influence stakeholders and optimize spend proactively.

Supply Chain Efficiency 107

Supply Chain Efficiency Supply Chain Optimization Procurement Procurement team 107

Arkestro

DECEMBER 3, 2024

SAN FRANCISCO, CA, December 3, 2024 – Arkestro is excited to announce its partnership with the Infor Marketplace , a powerful collaboration designed to enable AI-driven procurement, sourcing, purchasing, and supply chain management transformation for enterprise manufacturing teams worldwide.

Influencing 52

Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

Let's Talk Supply Chain

FEBRUARY 20, 2025

By diversifying its supply chain and leveraging global partnerships, GM aims to minimize disruption and maintain competitiveness in the market. Cost-efficiency: Streamlining operations and optimizing supply chain processes to minimize tariff impact.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply Chain Optimization 98

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Let's Talk Supply Chain

APRIL 19, 2025

In the labyrinth of the global food supply‍ chain, the humble egg has emerged as a contender for the spotlight. The intricate‍ network of moving eggs from farms to stores involves various expenses that ultimately influence the final price tag.

Supply Chain Efficiency 52

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

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

Spend Matters

JANUARY 23, 2025

This article will outline those limitations and propose that invoking competitive negotiations with machine learning solutions such as Arkestro is the optimal way to evaluate the market competitiveness of price quotes. However, few companies can replicate this approach due to limited resources and market power. supplier count, event size).

Price 107

Price Negotiation supply chain software solutions Supply Chain Optimization 107

Jaggaer

MAY 8, 2025

Lora is the Founder of Supply Chain Insights LLC. She works with supply chain leaders to take teams to higher levels of excellence and is an influencer with more than 340,000 followers on LinkedIn. Should we optimize for margin, resilience, or customer experience? AI excels at optimizing known parameters.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply chain Management 52

Procurement Insights

MAY 13, 2025

While both have incredibly impressive credentials regarding AI, besides Pieter’s reference to supply chain optimization as one of the many areas he has focused on, it would be safe to say that both primarily view the procurement function from a purely outside-in AI perspective. The two webinar presenters are Pieter J.

Procurement 72

Procurement Supply Chain Optimization Leadership Real-time Visibility 72

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

ivalua

JUNE 14, 2023

It is important to support this workstream through a team of key individuals: Sponsor: A high-level executive who champions the procurement application implementation, the sponsor provides critical support, resources, and influence. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

Spend Matters

MARCH 25, 2025

largely control procurements level of influence. Procurements ability to engage, influence and align with stakeholders determines the extent to which digital transformation efforts deliver sustainable and measurable benefits. Finance departments focus on spend visibility, payment optimization and cost control.

Stakeholder engagement 98

Stakeholder engagement Management Procurement Influencing 98

Let's Talk Supply Chain

APRIL 18, 2025

‍As supply chains evolve and markets redefine themselves, the importance of a robust intellectual property ‍protection plan becomes crucial. Organizations need to assess the implications of tariffs on their supply chains and implement agile solutions to mitigate risks and optimize operations.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Strategy Supply chain 52

Let's Talk Supply Chain

MARCH 5, 2025

In the ever-evolving landscape of international trade, the borders of Mexico have become a battleground of commerce, influenced by the waves of tariff wars that sweep across the global economy. Flexibility ‍in sourcing, warehousing, and distribution networks is essential for resilience‍ against tariff uncertainties.

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply chain Strategic planning 52

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). al has highlighted the below factors and their causal relationships that influence CPI. A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

SCMDOJO

JUNE 27, 2024

In an era where efficiency equates to competitive advantage, the oil industry’s supply chain management plays a pivotal role in determining a company’s profitability and sustainability. What Are the Key Components of an Oil Company’s Supply Chain? How Do Global Market Conditions Affect Oil Supply Chains?

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Supply chain 98

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply chain management Supply chain management supply chain budgeting 98

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

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

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

Jaggaer

MAY 16, 2025

Procurement teams now include specialists such as category managers with deep market knowledge who drive sourcing events and significantly impact the companys bottom line. This means that, beyond cost savings, they can also influence the top line. Proper orchestration of supply chains enhances corporate resilience.

supply chain budgeting 52

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

Let's Talk Supply Chain

DECEMBER 9, 2024

Today Im joined by supply chain software brand Manhattan Associates. Manhattan provide more than just supply chain solutions. Today Mandar Rahatekar, Senior Director of Research and Development at Manhattan, joins me to talk all about the power of unified supply chain planning. Im a mechanical engineer.

Supply Chain Efficiency 52

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

Una

NOVEMBER 1, 2022

Benefits of Strategic Sourcing and Best Practices. In doing so, procurement professionals are ascending the corporate stairs to have a more visible seat in their business’s strategic sourcing. Strategic sourcing best practices. Here are four best practices for strategic sourcing: 1. Strategic sourcing is similar.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

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 98

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 98

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

IBM Supply Chain Blog

NOVEMBER 3, 2022

When your sourcing team chooses what to buy and who to buy from, are you selecting vendors who share the same social values as your brand? Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Why is supply chain sustainability important?

Supply Chain Efficiency 107

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Supply Chain Optimization 107

Procurement Insights

MAY 3, 2025

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. AI, e-sourcing), spend analytics, and best practices.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Procurement Insights

MARCH 16, 2025

MCP ensures that previous supplier evaluations, compliance issues, and sustainability scores are factored into ongoing sourcing decisions. Contextualized Spend Analysis & Cost Optimization AI models use MCP to remember previous spend categories, budget constraints, and organizational purchasing behavior.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

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

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

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. Planners do exactly that.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

Procurement Tactics

JULY 4, 2023

It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings. Importance of Should Cost Model A should-cost model is an essential tool for procurement and supply chain organizations.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Core Competencies in the Procurement Framework Sourcing Involves identifying and evaluating the best suppliers to secure high-quality goods and services.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Procurement Insights

APRIL 14, 2025

EDITOR’S NOTE: Here are three separate third-party sources analyzing the success and impact of implementing the original RAM Agent-based Metaprise model to support the DND’s IT infrastructure. SOURCE #1 Jon W. Influence on the Procurement Industry 1. Key Features of Hansen’s Agent-Based Model 1.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

Supply Chain Game Changer

OCTOBER 25, 2022

Subscribe to Supply Chain Game Changer. For a Successful Business Improve Supply Chain! The need to strengthen supply chain cannot be overstated; it’s vital for efficiency, profitability, and reputability against competitors. However, the chain must be streamlined to avoid wasting time and money.

Supply Chain Efficiency 93

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 93