Procurement Tactics

NOVEMBER 14, 2022

Retail Supply Chain — Everything You Should Know. Retail supply chains around the world are under intense pressure due to global disruptions. However, what is the retail supply chain? This article will discuss what a retail supply chain is. The Meaning of Retail Supply Chain.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Spend Matters

APRIL 29, 2025

The series follows the methodology described in our Aligning Finance and Procurement in-depth guide , which offers a practical, structured approach to enhancing cash flow visibility, optimizing payment timing, reducing working capital risk and improving liquidity outcomes through closer collaboration between finance and procurement.

Real-time Visibility 96

Real-time Visibility e2e Procurement Management 96

Procurement Tactics

MAY 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. In this article, we will discuss what 4PL means. 4PL: What is it?

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Procurement Tactics

SEPTEMBER 13, 2022

Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

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 98

Let's Talk Supply Chain

MAY 2, 2025

auto tariffs are being felt across global supply chains. This transformation marks more than a temporary adjustmentit’s a paradigm shift in supply chain thinking, where agility, sustainability, and real-time visibility are becoming top priorities. The ripple effects of U.S.

Agile and Lean Supply Chain 52

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

Skill Dynamics

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Procurement Tactics

JUNE 19, 2023

With the increasing demand for faster and streamlined transportation of goods, companies are leveraging AI to automate processes and optimize their operations. AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Supply Chain Optimization 193

Procurement Tactics

JULY 23, 2023

Further, we are going to tackle the challenges and give you tips on how you can optimize the last mile in logistics. After reading this article, you will gain a deeper insight into what last mile logistics is and the steps you can take to optimize your operations. Last Mile Logistics: What is it? CERTIFICATE COURSES 1.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

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

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Jaggaer

MARCH 24, 2025

Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks. Together, they enable procurement teams to move from reactive to proactive, optimizing sourcing strategies, improving supplier negotiations, and ensuring more accurate, real-time decision-making.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

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

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 involves analyzing spend data, identifying for consolidation, and negotiating better contracts with key suppliers.

Agile and Lean Supply Chain 52

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

Planergy

MAY 8, 2025

How to gain visibility and control of your indirect spend. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5] How to report and analyze indirect spend to identify savings opportunities.

Strategy 52

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

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Supply Chain Efficiency 98

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

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. What is Inventory Forecasting?

Inventory 170

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

Jaggaer

APRIL 9, 2025

Pairing a dedicated Source-to-Pay (S2P) solution with ERP strengthens procurement by enhancing visibility into supplier performance, automating workflows, and enabling smarter decision-making. Making the most of an ERP system in manufacturing means understanding how it ties into production, inventory management, and supplier coordination.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 52

IBM Supply Chain Blog

OCTOBER 13, 2023

These shifting dynamics bring about unexpected disruptions—like changes in levels of demand—impacting your ability to effectively manage your inventory, satisfy your customer needs, and ultimately your bottom line.

Real-time Visibility 67

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency Inventory 67

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Let's Talk Supply Chain

FEBRUARY 13, 2025

In a fast-paced world where supply chain disruptions, generative AI innovations, and trade tariffs constantly shape the global economy, staying informed is vital. Hosted by Sarah Barnes Humphrey, the founder of Let’s Talk Supply Chain, the video promises an insightful discussion with special guest Audrey Ross.

Agile and Lean Supply Chain 52

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

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. The interactive approach caters to learners who want to develop practical skills and gain real-world insights. This flexibility is ideal for busy professionals.

Procurement 54

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 54

Procurement Insights

APRIL 9, 2025

Enhanced Adaptability to Dynamic Environments Challenge : Traditional equation-based models fail to respond to real-time disruptions (e.g., Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Learn and optimize continuously.

Supply Chain Efficiency 52

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

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

Procurement Insights

MAY 21, 2025

Hansens agent-based Metaprise Model directly addresses the core concerns of Chief Procurement Officers (CPOs) by combining human-AI collaboration, real-time adaptability, and ecosystem-wide integration. Example: A global manufacturer unified JD Edwards, NetSuite, and IFS workflows using agents, reducing procurement cycle times by 35%.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

Procurement Insights

APRIL 5, 2025

Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one. Company Size This ranks providers by estimated scale (e.g.,

supply chain software solutions 52

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

Procurement Tactics

JULY 20, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. But with Supplier order management software, businesses can now automate and optimize these processes, resulting in improved efficiency, cost savings, better customer services, reducing manual errors, and optimizing the overall procurement flow.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

TYA Suite

OCTOBER 27, 2024

is a comprehensive solution designed to automate and optimize the. With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. One of the key benefits of is the ability to track vendor performance in real-time.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

IBM Supply Chain Blog

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.

Supply Chain Optimization 78

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 78

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Tactics

JUNE 8, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Reduction in processing time Warehouse automation makes processes faster and reduces the time spent on handling tasks. This saves a significant amount of time, especially when dealing with a large number of parcels.

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supply chain software solutions Order Fulfillment Warehouse operations Inventory 178