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. See Arkestro in action at arkestro.com.

Influencing 52

Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

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

Procurement Templates

DECEMBER 11, 2024

Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies. Financial Objectives Budget Management: Monitor and manage procurement budgets to ensure spending stays within approved limits. Action: Develop a procurement cost-avoidance tracker for proactive budget control.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

Spend Matters

MARCH 25, 2025

However, the reality is that stakeholders, including budget owners, business units, etc., 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.

Stakeholder engagement 93

Stakeholder engagement Management Procurement Influencing 93

Let's Talk Supply Chain

FEBRUARY 27, 2025

Technology integration: ‍ The integration of advanced technologies like autonomous vehicles and route optimization software is expected to streamline operations and potentially reduce costs,influencing the direction of trucking rates.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 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). What is the Cost Performance Index (CPI)? According the research paper by Winanda et.

supply chain budgeting 52

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

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. In many organizations we are still in thrall to the almighty finance department.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply chain Procurement 52

Jaggaer

MAY 16, 2025

In many industries, procurement is responsible for managing significant budgets which means it holds a key lever for business performance. This means that, beyond cost savings, they can also influence the top line. Proper orchestration of supply chains enhances corporate resilience. Its actually quite obvious.

supply chain budgeting 52

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

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 budgeting Supply chain management Supply chain management 98

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

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

Procurement Tactics

JULY 4, 2023

The model is also used to compare the actual cost of production to the estimated cost and to identify areas where costs can be reduced. 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.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

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

IBM Supply Chain Blog

NOVEMBER 3, 2022

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

Supply Chain Efficiency 107

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

Supply Chain Game Changer

AUGUST 20, 2020

Subscribe to Supply Chain Game Changer. Clearly, more companies need to go back to basics and ask what is reverse logistics’ role in the top trends of the supply chain? Every supply-chain executive has been faced with the daunting question, “ what is reverse logistics? Subscribe Here! Email Address.

Supply Chain Optimization 98

Supply Chain Optimization supply chain budgeting Logistics Supply Chain Efficiency 98

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.

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect?

Supply chain management 98

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 98

Skill Dynamics

JANUARY 14, 2025

Finance and Cost Management Being able to efficiently and effectively manage and control procurement budgets and general costs will lead to stronger financial control across your business , increased cost efficiencies, and a better allocation of resources, which allows you to enhance profitability and improve your team.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

JANUARY 10, 2020

Subscribe to Supply Chain Game Changer. Reducing packaging costs can have a huge influence on your business’ overall profit, hence it’s worthwhile taking time to find the right packaging solution for your companies specific products and customers needs. The post Product Packaging Ideas to Reduce Costs!

supply chain budgeting 54

supply chain budgeting Sustainability Supply chain Quality 54

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

SCMDOJO

MARCH 24, 2025

The metric results in either a favorable or unfavorable variance, influenced by internal or external factors. A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. per unit, reducing the actual cost to $90,000.

Price 60

Price Purchasing supply chain budgeting Raw materials 60

Supply Chain Game Changer

MAY 24, 2021

Subscribe to Supply Chain Game Changer. Why is Supply Chain Such a Great Career Path? The world of supply chain management is constantly changing, helping companies to become increasingly efficient and profitable across the entire supply chain. GET our EBOOK HERE. Talent development.

supply chain budgeting 98

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 98

Supply Chain Game Changer

JUNE 24, 2021

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Companies rely on supply chain management to reduce costs and increase their production cycle. Subscribe Here! Email Address. The global chip shortage is here to stay?

supply chain budgeting 97

supply chain budgeting Agile and Lean Supply Chain Supply chain Supply 97

Supply Chain Trend

NOVEMBER 16, 2016

To get some answers for S&OP practitioners, Supply Chain Trend interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. He is the author of the blog Supply Chain Trend and the self excellence guide Building Mental Toughness.

supply chain budgeting 115

supply chain budgeting Supply Chain Efficiency Supply chain Innovation 115

Procurement Insights

MARCH 16, 2025

Improved Outcome: Procurement teams get context-aware supplier suggestions , reducing risk and improving supplier relationships. 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

Procurement Insights

MAY 3, 2025

Ariba) was niche, and spreadsheets remained standard for supplier data and budgeting. 2007 97% Slight decline as early cloud solutions emerged, but spreadsheets dominated due to familiarity and cost. McKinsey: 73% of supply chain executives used basic tools, suggesting slight decline. Google Sheets gained share in SMEs.

Procurement 52

Procurement supply chain budgeting Influencing Procurement team 52

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 Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Procurement Templates

APRIL 15, 2024

These traits can influence various aspects of decision-making, including procurement decisions in businesses. Here’s how each of these traits might influence procurement: Openness to Experience: Innovation Preference: Individuals high in openness tend to be more open to new ideas, technologies, and approaches.

Influencing 130

Influencing Negotiation Risk Innovation 130

Jaggaer

JUNE 28, 2024

Procurement and supply chain professionals are emerging as enterprise linchpins. Our research shows that despite the strategic role procurement and supply chain teams play, these professionals remain underequipped, which presents a huge risk to organizations,” said Andy Hovancik, Chief Executive Officer at JAGGAER.

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Agile and Lean Supply Chain 52

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Procurement Templates

JANUARY 17, 2024

UK: Procurement in the UK is influenced by European Union regulations (although the UK left the EU, some regulations may still be applicable) and national legislation. industries by reducing costs associated with exporting and importing goods. Competitiveness: FTAs can enhance the competitiveness of U.S.

Procurement 130

Procurement supply chain budgeting Export Competitive bidding 130

Planergy

MARCH 19, 2025

Managing these suppliers isnt just about making purchases; it ensures smooth operations, cost savings, and quality education. However, budget restrictions and transparency requirements present challenges. Cost Efficiency: Thoughtful management helps schools meet financial goals by eliminating waste. What is Supplier Management?

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

SCMDOJO

JANUARY 22, 2025

Factors such as delivery speed, on-time delivery rates, and cost-effectiveness are critical for customer satisfaction and overall supply chain efficiency. If you are a Supply Chain and Logistics Manager seeking a comprehensive and manageable Logistics KPIs Dashboard to oversee your operations, you have come to the right place.

Logistics 52

Logistics Supply Chain Efficiency supply chain budgeting Order Fulfillment 52

Procurement Heads

AUGUST 11, 2022

When did your interest in procurement and supply chain begin? How did you engineer your career path to the point you are now at as Head of Supply Chain? After 15 years in procurement, I decided to broaden my expertise so that I embraced the opportunity to step into a supply chain leadership role.

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130