World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

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

Procurement Tactics

AUGUST 23, 2022

Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. So without further ado, let’s start uncovering contract management. .

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EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.

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

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

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

JUNE 8, 2022

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. Supply base optimization ensures that you are focusing on working with suppliers that are the most productive and beneficial to your business. .

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Spend Matters

JANUARY 17, 2024

From planning a product, design and simulation, to optimizing a specific process across the supply chain, customer expectations for AI integration continue to evolve as new applications for supply chain automation are discovered.

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World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Equipment Procurement: Sourcing the right tools and machinery for construction tasks.

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World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Equipment Procurement: Sourcing the right tools and machinery for construction tasks.

Supply Chain Efficiency 52

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

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. optimization.

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ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement.

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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. Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings.

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

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EazyStock

FEBRUARY 13, 2019

What are the primary supply chain management trends for 2019? Let’s dig into the future supply chain trends that could transform your supply chain and logistics operations! Supply Chain Resiliency and Risk Management. Distributed Inventory. Digital Twin. Augmented Analytics.

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Supply Chain Game Changer

JULY 30, 2019

Subscribe to Supply Chain Game Changer. In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. But for those who are professionals working in the Supply Chain field there can be very unique distinctions in this terminology.

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Solvoyo

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . This includes internal and external data sources.

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Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Managing risk.

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SCMDOJO

JUNE 14, 2023

In today’s competitive market, the successful operation of a business hinges on the smooth integration of various processes and information management systems, especially when it comes to 3PL integration. As a result, orchestration simplifies data management, making it easier for businesses to work more effectively.

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SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it?

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SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? How Blockchain Works.

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Arkestro

OCTOBER 29, 2023

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. More often than not, the raw data can be inaccurate or misleading.

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Supply Chain Game Changer

NOVEMBER 6, 2018

Check out The Baby Supply Chain! There are many different Supply Chains in the World covering every industry, every business or institution and every aspect of our lives. But the single most important Supply Chain is the Food Supply Chain! Video Source: [link]. Table Source: [link].

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Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management.

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Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

EazyStock

JUNE 11, 2020

New energy efficiency regulations and standards are set for 2023 regarding certain HVAC systems, making it past time for distributors to start sourcing suppliers and diversifying their product portfolios for the products they’ll need in order to keep up with a new demand. It’s impossible to manually manage so many moving pieces accurately.

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Solvoyo

NOVEMBER 28, 2018

But what is a cognitive supply chain model and where does it fit into all this? Simply, a cognitive supply chain model utilizes machine learning, which is a type of artificial intelligence that has been merged with advanced analytics. How Cognitive Learning is Applied to Supply Chain Processes.

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Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 40

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Change requires Change Management. Change must be managed. Subscribe Here! Email Address.

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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. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?

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Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Why don’t you have a TMS (Transportation Management System) Solution yet? Yet it is managed by one or two people, with no support, and no visibility from upper management. Aside from the cost impact the service implications of a poor Freight management system are enormous.

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Supply Chain Game Changer

NOVEMBER 10, 2018

For the upcoming Holiday our theme was that we were going to have a BORING Holiday season … from a Supply Chain perspective. But by BORING, from a Supply Chain perspective , I did mean that we were going to do all of the necessary planning. And we would deliver a great customer experience.

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The Good Spending

JUNE 15, 2022

So, there's no limitation to the competitive sourcing process. T hese routine activities leverage integrated automated systems, enabling supply chain visibility. Examples: framework agreements, Vendor-Managed Inventories. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice."

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Supply Chain Brain

JANUARY 19, 2018

But it has quickly emerged from that dark and mysterious world to offer an invaluable tool for business in general, and global supply chains in particular. On this episode, we learn about the applicability of Blockchain to supply chains from Jack Shaw, executive director of the American Blockchain Council.

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Supply Chain Brain

JUNE 4, 2018

When it comes to the deployment of blockchain in the supply chain, or anywhere else for that matter, these are still early days. The technology shows promise, but is far from fulfilling its touted role as an indelible system of record for transactions among supply-chain partners.

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Supply Chain Brain

JUNE 22, 2018

Global supply chains are subject to countless varieties of risk, in the form of geopolitical instability, economic uncertainty, ever-changing regulations and a host of other issues related to globalization. Hosted by Bob Bowman, Managing Editor of SupplyChainBrain. Show notes : D&B’s perspective on supplier management.

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Solvoyo

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. 2) Real-time visibility is extremely valuable during times of crisis! End-to-end scenario analyses require this visibility data as input. This one builds on the visibility level.

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e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Solvoyo

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. 2) Real-time visibility is extremely valuable during times of crisis! End-to-end scenario analyses require this visibility data as input. This one builds on the visibility level.

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Supply Chain Brain

JULY 9, 2018

At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supply chain. The company is taking equal care in phasing in the “orchestration” of its supply chain in the cloud.

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