Procurement Tactics

DECEMBER 21, 2022

Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.

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Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52

Let's Talk Supply Chain

FEBRUARY 27, 2025

In an era of economic uncertainty and fluctuating market conditions, the service supply chain industry is bracing itself for a ‍seismic shift as double-digit inflation looms on the horizon. The impact of this economic phenomenon ‍on supply chain operations is profound ‍and multifaceted.

Supply Chain Optimization 52

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

Let's Talk Supply Chain

FEBRUARY 24, 2025

In a world where supply chains drive the global economy, the intersection of artificial intelligence and logistics holds the promise of transformative ‍innovation. Former OpenAI executive, renowned for their expertise in AI technology, unveils a groundbreaking roadmap for the future of supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain resilience 52

Let's Talk Supply Chain

MAY 2, 2025

auto tariffs are being felt across global supply chains. As the automotive industry grapples with mounting challenges, a new trend is taking shape a strategic shift toward cash flow management and financial resilience. Impact of US Auto Tariffs on Global Supply Chains Amid escalating tensions over U.S.

Agile and Lean Supply Chain 52

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

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Let's Talk Supply Chain

MARCH 24, 2025

In teh intricate web of global supply chains, resilience is the key to withstanding ‍the unpredictable challenges of today’s dynamic business landscape. As industries evolve and transform,the reliance on traditional databases is being challenged ‍by the innovative capabilities of graph databases.

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

MARCH 3, 2025

In a fast-paced world where efficient movement of goods is key, staying updated on the latest supply chain and logistics news is crucial. This week, from January 20th to January 23rd, Logistics Viewpoints brings you a complete insight into the dynamic world of supply chain management.

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Supply Chain Optimization Supply Chain Efficiency Logistics supply chain budgeting 52

Procurement Insights

APRIL 4, 2025

Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. While supply chain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

Arkestro

MAY 14, 2025

The investment will accelerate Arkestros ongoing innovation in AI-powered procurement technology, advancing its mission to help enterprises unlock hidden savings, reduce supply chain risk, and drive operational efficiencyempowering procurement teams to focus on strategic, high-impact initiatives.

Innovation 52

Innovation Procurement Agile and Lean Supply Chain Procurement team 52

Let's Talk Supply Chain

APRIL 17, 2025

In the intricate web of commerce, the strength of a business lies not just in its own operations but also in the resilience of its supply chain. Amidst the dynamic landscape of global trade, Dun & Bradstreet emerges as a beacon of support for businesses seeking to fortify their supply chain strategies.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 52

Let's Talk Supply Chain

MAY 16, 2025

As global trade winds gust through the intricate web of supply chains, Clorox stands at a crossroads, poised to navigate the shifting currents in a bid to maintain stability and agility in the face of economic turbulence. To achieve this, the company is exploring several strategies to optimize its supply chain and reduce expenses.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Optimization Supply chain resilience 52

SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable. A resilient supply chain is one that can absorb shocks and continue functioning with minimal disruption.

Agile and Lean Supply Chain 56

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 56

Let's Talk Supply Chain

MARCH 2, 2025

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

Supplier relationship management 52

Supplier relationship management Data Suppliers Management 52

SCMDOJO

MAY 15, 2024

Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. However, achieving these objectives requires a strategic approach and a deep understanding of dynamics within the supply chain ecosystem.

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Supply Chain Optimization Supply Chain Efficiency supply chain software solutions supply chain budgeting 96

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 95

Let's Talk Supply Chain

FEBRUARY 23, 2025

Amidst ever-evolving skies and challenges, Boeing, the aerospace giant, finds itself at a critical juncture ‍as it witnesses meaningful advancements in its supply chain operations. Let us delve deeper into the intricacies of Boeing’s supply chain advancement and its implications on the aviation industry.

Supply Chain Optimization 52

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

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. 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

Arkestro

DECEMBER 5, 2024

So it’s no surprise that the future of manufacturing now lies in a technology that combines all of those high-end innovations: Predictive Procurement. It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.

Agile and Lean Supply Chain 82

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 82

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

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Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 97

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

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

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. This could include optimizing specifications, reducing waste, or exploring product substitution.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

Let's Talk Supply Chain

FEBRUARY 18, 2025

In a rapidly changing world, the realm of supply chain management stands at the forefront of innovation and adaptability. The YouTube video titled “embrace Uncertainty: Supply Chain Superheroes ‍& Future Innovations!”

Agile and Lean Supply Chain 52

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

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 82

SCMDOJO

JULY 7, 2023

At the helm of this innovative venture is Rivian’s founder and CEO, RJ Scaringe, whose strategic decision to establish the company’s first factory in Normal has reshaped the town’s trajectory. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Real-time Visibility 77

Procurement Insights

FEBRUARY 27, 2025

“A 2023 survey by KPMG highlights this transition, revealing that procurement leaders are now focusing on supply chain resiliency (68%), introducing new products or expanding into new markets (65%), and improving margins through cost reduction (71%). The focus is on efficiency and control.

Agile and Lean Supply Chain 52

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

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. According to Jones, there four key areas in which modern software will enable and empower procurement: 1) Optimize automation.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

ivalua

MAY 17, 2023

Collaboration is key to a successful solution and we are able to achieve this with innovative partnerships. This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice.

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

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supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Jaggaer

APRIL 9, 2025

These awards celebrate the innovative ways our customers leverage our technology to transform their procurement operations and drive business value. Supply Chain Resilience and Compliance Recognizing organizations that use JAGGAER solutions and/or JAGGAER technology partners to anticipate, adapt to, and recover from supply chain disruptions.

Supply Chain Optimization 52

Supply Chain Optimization Eprocurement Supply chain resilience Contract 52

Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency 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

Planergy

MAY 8, 2025

5] Finance Leaders Are Collaborating More Closely with Procurement: Nearly 48% of CFOs are leveraging procurement data to support broader financial strategies, from fraud detection to cost optimization. [1] 6][7][9] Procurement in 2025 is evolving fastbalancing operational demands, strategic decision-making, and digital innovation.

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Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52