Procurement Tactics

APRIL 6, 2023

In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. However, how do you do it?

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Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Spend Matters

DECEMBER 11, 2024

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures. This content is for members only.

Supply Chain Optimization 112

Supply Chain Optimization Management Supply Chain Efficiency Supply chain resilience 112

Procurement Templates

DECEMBER 11, 2024

Process Efficiency: Streamline procurement processes through automation, reducing lead times and operational costs. Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency. Cut the waffle and get to the point.

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Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

Spend Matters

DECEMBER 23, 2024

How customers justify procuretech investment to stakeholders Cost savings and efficiency: Direct savings and operational efficiency metrics resonate strongly with financial stakeholders. We provide customers with ROI calculations, use cases, and other tools to help quantify the potential savings and efficiency gains.

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Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

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?

Supply Chain Efficiency 98

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

Spend Matters

JANUARY 7, 2025

Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. On an environmental level, progress toward targets needs to be measurable: not just at the customers company, but across their entire supply chain.

supply chain software solutions 117

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 117

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

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. Smaller teams, in particular, feel the squeeze and struggle to balance compliance, efficiency and innovation. AI does more than just improve efficiency.

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. See Arkestro in action at arkestro.com.

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Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

Barkers Procurement

DECEMBER 19, 2024

For companies committed to embracing these principles, monitoring and reporting ESG metrics within the supply chain is not just a regulatory requirement but a strategic imperative that enhances transparency, builds trust, and secures a competitive edge. Why Is ESG Supply Chain Reporting Important?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Ethics 52

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

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

Stakeholder engagement 98

Stakeholder engagement Management Procurement Influencing 98

SCMDOJO

JANUARY 22, 2025

Want to optimize your supply chain metrics and drive significant improvements? Understanding and tracking key supply chain metrics is essential. This guide will equip you with the knowledge you need to make data-driven decisions, achieve your business goals, and boost your supply chain metrics.

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Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 85

SCMDOJO

JULY 30, 2024

But have you ever considered how financial products like car title loans influence retail supply chains? This immediate infusion of funds can prevent disruptions in the supply chain and ensure that the business remains operational. Compliance with local regulations is crucial to avoid legal complications.

Retail Supply Chain 98

Retail Supply Chain Influencing Supply Chain Efficiency Supply chain 98

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Leveraging Technology to Transform The Supply Chain.

Supply Chain Efficiency 130

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

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.

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Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 96

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

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

Procurement Tactics

JULY 19, 2023

Warehouse management means managing and controlling everything that happens in a warehouse to handle goods efficiently. A recent study conducted by Oracle revealed that a staggering 82% of American consumers express concern over the potential impact of supply chain disruptions, such as delivery delays. However, what is it?

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Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 170

Procurement Insights

NOVEMBER 25, 2024

KKR’s expertise in procurement stems from its strategic focus on improving operational efficiencies across its portfolio companies, which often involves optimizing supply chains, leveraging technology, and implementing cost-saving measures. How successful are KKR ProcureTech companies when it comes to solution implementations?

supply chain software solutions 52

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

SCMDOJO

JULY 18, 2024

Vehicle efficiency is a critical factor for businesses operating trucks. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. biodiesel) These alternative fuels offer environmental benefits and can contribute to improved vehicle efficiency. increase in fuel efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Cost of ownership Supply Chain Optimization Sustainable transportation 105

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

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

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In recent years unforeseen supply chain disruptions have forced companies to identify and plug these gaps at short notice.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 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. Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations.

Supply Chain Efficiency 98

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

SCMDOJO

AUGUST 10, 2024

This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads.

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Supply Chain Efficiency Logistics Strategy supply chain budgeting 98

Let's Talk Supply Chain

FEBRUARY 28, 2025

Scheduled for March 2-5, 2025 , this event isn’t just another industry conferenceit’s a strategic battleground where the biggest names in shipping, logistics, and technology will converge to address the challenges that have redefined the supply chain landscape. The timing of TPM25 couldn’t be more crucial.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 52

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.

supply chain budgeting 52

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

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Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 93

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

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

NOVEMBER 8, 2022

Subscribe to Supply Chain Game Changer. Regardless, one of the functions that plays a preeminent role in terms of influencing time to market is Supply Chain. Here we discuss the many ways that Supply Chain can help, or hurt, your time to market performance. Subscribe Here! Email Address.

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Supply Chain Efficiency Supply chain Supply Order Fulfillment 114

Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain. STAKEHOLDER (AGENT) 4 What are the main concerns that affect consumer decision-making regarding ESG goals?

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

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

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers. The Role of Communication in Supply Chain Collaboration Communication puts collaboration in motion.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

SCMDOJO

MAY 20, 2024

Modern supply chains are more efficient and faster than ever before. However, the emergence of technology boosted brands’ access to customers in the first place, and thus, a need for more efficient supply chain practices.

Supply Chain Efficiency 93

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 93

Procurement Insights

JANUARY 3, 2025

Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CIOs recognized procurements role in optimizing IT spend and driving efficiency.

Agile and Lean Supply Chain 52

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