ivalua

AUGUST 6, 2025

Indirect Procurement Aspect Direct Procurement Indirect Procurement Definition Purchasing of raw materials and components used in manufacturing or product delivery Purchasing of goods/services to support operations (e.g.,

Real-time Visibility

Supply Chain Dive

JUNE 23, 2025

That’s why supply chain resilience has become a strategic priority. By investing in collaborative tools and processes today, companies can build a foundation for long-term success—one that’s resilient, responsive and ready for whatever comes next. All copyright resides with them. Registered in England and Wales.

Agile and Lean Supply Chain

Future Purchasing

FEBRUARY 25, 2025

Furthermore, sustainability goals must be balanced with the need for cost-savings, supply chain resilience and meeting industrial strategy objectives. By moving towards category management, as opposed to strongly focusing on sourcing and compliance, Commercial can become more resilient in the face of market challenges.

Innovation

Procurement Insights

DECEMBER 3, 2024

Reference to Triple Bottom Line post Consumer decision-making regarding ESG (Environmental, Social, and Governance) goals is influenced by several concerns, which can either encourage or hinder their commitment to purchasing products and services that align with ESG principles. Reference to Scoutbee buycott versus boycott post.

Chief Procurement Officer

Finale Inventory

JULY 18, 2025

Key Factors Influencing Your Reorder Point When calculating reorder points, several dynamic factors require ongoing adjustment to maintain optimal inventory levels: Demand Patterns and Market Influences Seasonal demand fluctuations dramatically impact reorder timing.

Inventory

Supply Chain Dive

JULY 21, 2025

But while the global trade environment continues to challenge supply chain agility, businesses are not helpless. Savvy companies are fighting back with creative strategies to mitigate the impact of tariffs – and in many cases, to build long-term supply chain resiliency in the process.

Agile and Lean Supply Chain

Planergy

MARCH 12, 2025

Improved Quality Control and Assurance Physical proximity to production facilities influences error rate and consistency. Lets look at a comparison of business benefits: Cost Efficiency: Savings on shipping and reduced supply chain risk can help offset the higher labor expenses associated with reshoring.

Agile and Lean Supply Chain

Supply Chain Brain

JULY 21, 2025

Situational needs like these often guide short-term freight decisions, and over time, those choices can influence broader sourcing and shipping strategies, too. It’s a logistics model designed for change — and the foundation for long-term supply chain resilience. Aaron Freedman is chief executive officer of ACI Transport.

Supply Chain Optimization

Arkestro

MAY 14, 2025

Through their investment, Altira Group and Aramco Ventures support Arkestro’s global growth efforts and recognizes its predictive procurement technology’s ability to reduce risk and enhance supply chain resilience.

Innovation

Let's Talk Supply Chain

MARCH 20, 2025

Supply chain resilience and innovation to quickly respond to market disruption are more critical than ever amidst ongoing regulatory changes and geopolitical tensions. If you work in supply chain then you know that as long as theyve been around, theyve traditionally been used as a way to protect domestic industries.

Supply chain

SCMDOJO

DECEMBER 17, 2024

However, it also covers core topics, including essential topics such as supply chain basics , demand planning and forecasting , inventory management , procurement , sourcing , logistics, transportation , etc. Beyond her professional endeavors, Fatima is a recognized social media influencer.

supply chain budgeting

ivalua

FEBRUARY 24, 2021

Influence Over Spend: Spend influence is among the top measurements of procurement’s performance, leading to reduced purch asing costs, improved quality and better strategic outcomes such as product innovation. In light of the social unrest and concerns we’ve seen around the world, particularly in the U.S., Next Steps.

Agile and Lean Supply Chain

Procurement Heads

DECEMBER 15, 2022

Definitely areas like supply chain resilience, which is a big topic at the moment; we have undertaken a lot of supply chain mapping and created a lot of real-time data and if factors were to happen, what an organisation and procurement should do to counteract them. I would probably say that.

Supplier relationship management

Arkestro

JANUARY 9, 2024

In fact, manufacturing procurement has never been more important, holding the power to influence IT, finance, and C-suite decision-making. Advances in AI, automation, and other emerging technologies are helping manufacturing procurement teams further increase their sphere of influence, allowing them to do more with less.

supply chain budgeting

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.

Procurement

Procurement Insights

DECEMBER 1, 2023

What do supply chain resilience and adaptability really mean? Looking ahead to 2024, what key advice would you offer to procurement and supply chain professionals aiming to navigate into a future influenced by the interconnections between technology, market dynamics, and sustainability imperatives?

Procurement

Supply Chain Trend

AUGUST 13, 2020

It also requires a clear understanding of the environment in which the organization operates, so scenario planning must go extend beyond the enterprise to encompass value-chain dynamics and end-to-end supply chain resilience. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy.

supply chain software solutions

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. Risk Management : Supply Chain Resilience : Evaluate suppliers’ strategies for mitigating risks related to environmental disruptions, such as natural disasters or resource scarcity.

Sustainability

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

Jaggaer

JUNE 28, 2024

We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supply chain resilience.

Leadership

Arkestro

JANUARY 4, 2023

They will ensure their teams have meaningful data available in an actionable format to help them supercharge the influence of each team member.”. The Supply Chain Will Continue to Heal. Supply chains will improve,” according to Derek Mellott, Arkestro Solutions Consultant.

Supply Chain Optimization

Procurement Heads

SEPTEMBER 14, 2022

My role has seen a shift as a result of all of the emerging risks we’ve encountered, many for the first time, I’ve seen much more focus from our executive team and the regulator on supply chain resilience, so I’ve been strengthening our capability in this area too. Where do our passions lie in the day-to-day of the role?

Agile and Lean Supply Chain

Procurement Insights

JANUARY 16, 2024

Here are a couple of the more memorable ones: Does Age Influence Contracting Negotiation Styles? Like supply chain resiliency, negotiations must also have a certain fluidity to address the volatility we have experienced over the past few years.

Negotiation

Arkestro

APRIL 22, 2025

Procurement teams get better pricing, the ability to influence more spend, and reduced risk. 3x More Spend Influenced: Procurement teams can optimize 3 times more purchases direct, strategic, spot, turnarounds, and MRO without hiring additional resources. The end result? Subscribe to news from Arkestro. Will you be one of them?

Procurement

Finale Inventory

AUGUST 15, 2024

In the dynamic world of ecommerce, inventory shrinkage can also be influenced by factors such as seasonality, sudden market shifts, and supplier inconsistencies. This can lead to cost savings through bulk discounts, better negotiation terms, and increased supply chain resilience.

Inventory

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer

EazyStock

APRIL 18, 2023

Review your inventory health As stock levels influence cash flow, if you have unnecessarily high inventory levels, now is the time to reduce them to avoid tying up capital. With a resilient supply chain, your business can absorb the additional stress so that it can recover, whatever the circumstances.

Supply Chain Optimization

Empowering CPO

JUNE 14, 2023

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Sustainability commitment: Walmart has made a commitment to sustainability, which influences its procurement practices.

Innovation

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. However, not all these metrics will directly influence strategic objectives. That’s where KPIs come in.

Procurement

Empowering CPO

JUNE 27, 2023

This enables organizations to proactively anticipate and address potential challenges and opportunities, improving cost efficiency and supply chain resilience.

Real-time Visibility

Supply Chain Game Changer

JULY 27, 2021

Just saying you want to have a resilient Supply Chain doesn’t accomplish anything. According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. So What’s the Problem? Source: www2.deloitte.com. deloitte.com.

Agile and Lean Supply Chain

Arkestro

MAY 30, 2022

By adopting this strategy, procurement teams build supply chain resilience and agility. Through orchestration, a predictive procurement platform like Arkestro is able to influence or steer decisions in the right direction. .

Agile and Lean Supply Chain

Arkestro

MAY 29, 2025

Resources / Blog / How Procurement Teams Can 3X Their Influence Without Adding Resources How Procurement Teams Can 3X Their Influence Without Adding Resources Nearly 80% of procurement professionals say theyre under pressure to streamline processes, reduce errors, and deliver results faster all without extra resources.

Procurement team

Let's Talk Supply Chain

MAY 9, 2025

auto supply chain remains firmly intact, even in the face of recent tariff increases. As the automotive industry navigates shifting economic and geopolitical currents, a deeper examination reveals why China’s influence continues to endure. auto supply chain. auto supply chain. auto industry.

Supply Chain Efficiency

SCMDOJO

FEBRUARY 3, 2025

SCMDOJO 63 courses ~40 minutes (example: “Mastering Supply Chain Resilience”) Generally concise, focused on practical application. Beyond her professional endeavors, Fatima is a recognized social media influencer. Check individual course details. Check individual course details.

Supply chain

SCMDOJO

DECEMBER 16, 2024

Suppose an individual possesses a strong understanding of the factors influencing demand planning. However, they are adept at implementing continuity plans to minimize operational impact during supply chain disruptions. Utilizing available tools and processes ensures the resilience of the supply chain.

Material management