SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. Richard Todd , a negotiation expert describes a successful negotiation as one that requires understanding not just what is needed from a supplier but also what the supplier needs from us.

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

ivalua

JULY 23, 2025

E-informing ensures that employees across departments can easily access procurement policies, approved vendor lists, and negotiated contract terms in one centralized location. 4) E-auctioning For highly competitive or commodity-based categories, e-auctions enable real-time, transparent price negotiations between suppliers.

Real-time Visibility 130

Real-time Visibility Procurement e2e Supply Chain Efficiency 130

ivalua

JUNE 5, 2025

Procurement is the end-to-end process of identifying business needs, sourcing goods and services, negotiating contracts, and managing supplier relationships over time. For enterprises, procurement and purchasing are closely linked but serve different roles in managing spend and supplier relationships.

Purchasing 130

Purchasing Risk Procurement e2e 130

SCMDOJO

OCTOBER 30, 2024

Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

SCMDOJO

DECEMBER 29, 2024

Head over to the course to be a pro at production and operations management. Mastering Supply Chain Management – A Comprehensive Introduction This foundational course by Paul Denneman is FREE. Moreover, it covers written and verbal communication skills, negotiation techniques, and conflict-resolution strategies.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Category management Supply Chain Efficiency 98

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

Supply Chain Game Changer

JULY 19, 2025

From the start, negotiate terms that benefit both parties and establish clear performance metrics to track progress. Many businesses struggle with outdated software, data silos, and compatibility issues between procurement, finance, and supply chain management systems. The key lies in trust and communication.

Supply Chain Efficiency 75

Supply Chain Efficiency Procurement supply chain budgeting Agile and Lean Supply Chain 75

Procurement Software

JULY 6, 2025

When raw material prices are surging 15%, and you negotiate it down to a 10% increase, that 5% difference rarely gets recognised as the significant achievement it represents. Accept that no performance measurement model is perfect Different business cultures approach negotiations differently.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Supply Chain Game Changer

JULY 24, 2025

This change in perspective has influenced how businesses portray their supply chain management and vendor relationships, making these functions pivot to spearhead competitive advantage. Cost Management and Financial Performance These functions directly influence business success through cost management.

Sourcing 59

Sourcing Supplier relationship management Procurement Agile and Lean Supply Chain 59

TYA Suite

OCTOBER 27, 2024

often include features that allow businesses to negotiate contract terms directly within the platform, further simplifying the contract management process and ensuring that both parties are aligned. is managing the multiple steps involved in the purchasing process, from purchase requisitions to order fulfillment to payment processing.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

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. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Let's Talk Supply Chain

MARCH 2, 2025

Join ‍us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face ‍of tariff uncertainty. Let’s set sail on a journey towards efficient and effective supply chain management.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply management 52

ivalua

JULY 3, 2025

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Contract non-compliance is another concern, as departments may bypass negotiated agreements and miss out on better terms.

supply chain budgeting 130

supply chain budgeting Procurement e2e Agile and Lean Supply Chain 130

Let's Talk Supply Chain

MARCH 2, 2025

In a whirlwind of developments in the world‍ of supply chain management, the latest headlines are buzzing with the news of boeing machinists bringing an end to thier strike. Alongside this, the Institute ‍for Supply Management has also made waves with their latest updates.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

Let's Talk Supply Chain

FEBRUARY 24, 2025

Stronger Focus on Service & Technology The Gemini Cooperation and Ocean Alliance are prioritizing digitalization and efficiency, meaning supply chain managers should leverage tech-driven logistics solutions.

Supply Chain Optimization 52

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

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.

Influencing 52

Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

HICX

JUNE 9, 2025

These may include processes related to: Supplier evaluation Supplier onboarding Performance tracking, Supplier risk management Contract analysis By automating repetitive tasks and analyzing large datasets, AI improves efficiency, reduces errors, and enhances decision-making. What is the use of AI in supply chain management?

Suppliers 40

Suppliers Supply Chain Efficiency Real-time Visibility Management 40

SCMDOJO

FEBRUARY 21, 2025

Procurement leaders, Chief Procurement Officers (CPOs), and Supply Chain Managers must proactively build resilience into their procurement processes to safeguard operations. Risk Reduction: A diversified supply base and contingency planning minimize disruptions.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Supply Chain Game Changer

JULY 3, 2025

Collaborate with Suppliers and Partners Successful supply chain management relies heavily on collaboration. Here are some strategies for effective collaboration: Supplier relationship management (SRM): Establishing a strong SRM process fosters open communication and transparency between the business and its suppliers.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 59

ivalua

MAY 10, 2025

They need a unified Source-to-Pay platform that enables procurement automation and deeper integration across finance, operations, and supply chain management (SCM). Automated workflows accelerate review cycles, while AI-powered tools surface risky clauses and non-standard terms early in the process.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Procurement 130

Supply Chain Brain

JULY 24, 2025

With a two-player market, ocean rates are less flexible, requiring shippers to find other ways in their supply chain to negotiate lower costs. Understanding and negotiating with these inter-island carriers introduces another layer of cost complexity that shippers must understand and attend to. Negotiating the final mile.

Real-time Visibility 91

Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency 91

Let's Talk Supply Chain

MAY 16, 2025

Improving negotiation tactics: Enhance negotiation strategies with current suppliers to secure better pricing deals. In a climate characterized by trade complexities and tariff volatility, proactive supply chain management is paramount for organizations seeking to safeguard operations and sustain long-term growth.

Sourcing 52

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

SCMDOJO

FEBRUARY 15, 2025

This structured approach enables supply chain managers to prioritize high-impact risks and develop mitigation strategies before disruptions occur. Develop Contingency Plans A structured approach ensures these chains have predefined contingency plans in place.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

SCMDOJO

FEBRUARY 26, 2025

How to Use CPI in Supply Chain Management Although CPI is widely used in project management, its principles can be effectively applied to supply chain performance measurement. Below are some key areas where CPI can improve supply chain efficiency: 1. The research paper by Winanda et.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Procurement Insights

APRIL 4, 2025

Rank Conference Reasoning 1 SIG (Global Executive Summit) SIG stands out for its practitioner-driven focus on procurement best practices, cost optimization, and supplier management. contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. Negotiation strategies to mitigate risks.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

Procurement Insights

APRIL 8, 2025

Decision-Making Intelligence Factor Agent-Based Model (Metaprise) Equation-Based Intake & Orchestration Decision Logic Agents use AI/ML to learn from data, negotiate terms, and optimize outcomes across the network. Example Agents negotiate dynamic pricing with suppliers based on real-time market conditions.

Supply Chain Optimization 81

Supply Chain Optimization Procurement Supply Chain Efficiency Agile and Lean Supply Chain 81

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

Finale Inventory

JULY 18, 2025

Central vendor file functioning as lightweight supplier information management software that stores critical details like contact information, contract renewal dates, and negotiated minimum order quantities in one accessible location. What is the best software for supply chain management?

supply chain software solutions 40

supply chain software solutions Suppliers Management Real-time Visibility 40

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. These included the development of platforms for dairy commodity exchange, supply chain management tools, and industry-focused content.

Supply Chain Efficiency 52

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

Skill Dynamics

FEBRUARY 13, 2025

Lets take a look at some of the key areas you should look at: Strategic Sourcing and Supplier Management : Theres been a clear shift away from traditional procurement methods and towards more strategic sourcing. Modern supply chain professionals now need skills in ethical sourcing, environmental regulations, and ethical supplier practices.

Supply Chain Optimization 52

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

Jaggaer

MARCH 20, 2025

But for procurement leaders, this lack of spend visibility across categories leads to missed cost-saving opportunities through supplier consolidation, volume leverage, and negotiated discounts. Decentralized buying often results in fragmented contracts with inconsistent pricing and terms.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Supply Chain Game Changer

FEBRUARY 20, 2025

Enhanced Supply Chain Management AI can also play a pivotal role in optimizing the entire supply chain, not just inventory management. Machine learning algorithms can analyze supplier performance data, transportation routes, and production lead times to identify opportunities for improvement.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Inventory Supply Chain Optimization 52

Procurement Insights

JULY 2, 2025

The Hansen Fit Score framework, with its Metaprise, Agent-based, and Strand Commonality models, offers a modern lens for addressing these challenges in the Baxter-Vantive case, reflecting significant advancements in procurement and supply chain management practices from 2008 to 2025.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 59

Supply Chain Game Changer

JULY 22, 2025

Here’s a complete guide to handling construction supply chain risks. Supply Chain Risks in Construction Supply chain management in construction involves coordinating and integrating processes, resources, and stakeholders to ensure timely and efficient delivery of construction materials, equipment, and services for a project.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Risk 59

TYA Suite

MAY 23, 2025

This information is crucial for making informed decisions about supplier relationships and improving the overall supply chain. Managing risk and ensuring compliance with industry standards are fundamental in any supplier relationship. Negotiating terms and creating a formal agreement.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

SCMDOJO

APRIL 15, 2025

Negotiating clear terms around liability, delivery expectations, and penalties protects all parties and promotes accountability. It creates a boundary between your business interests and personal assets, offering confidence while you build those key supply chain alliances. While relationships are key, they can still go south.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 73

Let's Talk Supply Chain

MARCH 24, 2025

Key strategies being adopted by component suppliers include: Diversifying the supply chain to reduce reliance on single sourcing. Innovations in Supply Chain Management Amid Tariff Wars In light of the ongoing tariff wars, the auto supply chain is experiencing a blitz with component suppliers at the forefront of the battle.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 40