SCMDOJO

FEBRUARY 16, 2025

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Supply Chain Efficiency

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Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models.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 includes skills in data analytics, negotiation, and stakeholder management.

Agile and Lean Supply Chain

Let's Talk Supply Chain

FEBRUARY 27, 2025

Strategies to Mitigate the Impact of Inflation on Supply Chain Costs In the face of double-digit inflation, companies‍ in ‍the service supply chain industry need to be proactive in mitigating the impact ‍on supply chain costs.

Supply Chain Optimization

Let's Talk Supply Chain

MAY 16, 2025

By fostering stronger partnerships and exploring sourcing options, the company aims to enhance its supply chain resilience in the face of evolving trade policies. Improving negotiation tactics: Enhance negotiation strategies with current suppliers to secure better pricing deals.

Sourcing

HICX

JUNE 9, 2025

This capability reduces reliance on single sources and strengthens supply chain resilience. How can GenAI assist in negotiations & reporting? Generative AI enhances negotiation strategies by delivering real-time benchmarks on market pricing and supplier terms. How can AI be used in procurement?

Suppliers

Jaggaer

FEBRUARY 5, 2025

Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience. Some of the most effective techniques include supplier segmentation, e-auctions and competitive bidding, collaborative negotiations, and data analytics for demand forecasting.

Strategic sourcing

Jaggaer

FEBRUARY 13, 2025

Procurement stands at the center of several competing aims and objectives: cost savings, compliance, reputation, innovation, finance and supply chain resilience. At H&Z we have developed a three-step approach to addressing this challenge: First, measure the emissions related to the companys supply chain.

Leadership

Let's Talk Supply Chain

MARCH 2, 2025

Key Takeaways from the Institute for Supply Management news Amidst the latest developments in the world of supply chain, one significant event that caught the attention of many was the resolution of the Boeing machinists’ strike.

Supply Chain Optimization

SCMDOJO

FEBRUARY 15, 2025

A well-managed supply chain does not just survive crises it thrives in them. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

Project management

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

Procurement Insights

APRIL 4, 2025

contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. While supply chain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools. Strong on supply chain resilience as it relates to procurement.

Supply Chain Efficiency

TYA Suite

JUNE 22, 2025

For instance, it may suggest consolidating purchases with fewer suppliers to negotiate better rates, switching to a more reliable supplier, or flagging a contract that is consistently underutilized. This improves supply chain resilience and fosters stronger, more reliable supplier relationships.

Procurement

Planergy

MAY 8, 2025

4][5] Advanced Analytics Powers Strategic Decisions: More than 50% of procurement leaders are actively using analytics to track spend trends, uncover savings, and negotiate better termstransforming procurement into a strategic business partner. [3][6] 9] Risk mitigation is another driver.

Strategy

TYA Suite

NOVEMBER 15, 2024

This may involve diversifying the supplier base to avoid over-reliance on a single supplier, negotiating contract terms that include penalties for non-compliance, or implementing quality assurance programs that set clear expectations for product quality. Effective mitigation strategies enhance overall supply chain resilience.

Risk management

Let's Talk Supply Chain

MAY 2, 2025

This move toward digitization not only enhances operational efficiency but also reinforces supply chain resilience , enabling businesses to respond more swiftly and effectively to market shifts, regulatory changes, and future disruptions. Impact of US Auto Tariffs on Global Supply Chains Amid escalating tensions over U.S.

Agile and Lean Supply Chain

TYA Suite

JULY 23, 2025

This insight supports better decision-making, helps in negotiating contracts, and guides improvement efforts, making your TYASuite offers a comprehensive vendor due diligence solution tailored to modern procurement needs. Continuous monitoring ensures that your supplier relationships remain strong and your supply chain resilient over time.

supply chain software solutions

Procurement Insights

MAY 10, 2025

In procurement, this might translate to better supplier negotiations or sourcing strategies, especially for tariffs. Risk Mitigation: Access to historical disruption patterns and supplier performance data helps organizations anticipate and avoid costly mistakes, improving supply chain resilience. 5M in savings.

Procurement

Procurement Insights

APRIL 24, 2025

Thank you for making us think or rethink what supply chain resilience really means: I wrote an article for The Procurement Italia magazine, which will be published on May 5th ( Micol Barba ). The article is titled “What 1930 Can Teach Us About Tariffs And Supply Chains In 2025.” WTO disputes).

Supply chain resilience

SCMDOJO

MAY 27, 2025

Or imagine manufacturers pooling resources after a buyout so they can negotiate better prices on raw materials. For supply chain leaders , this isnt theory; its happening across the industry every quarter. Private equity funds often link unrelated players under one umbrella, making collaboration less of an uphill battle.

supply chain software solutions

SCMDOJO

MAY 30, 2025

How Audio Translation Delivers Increased Crisis Management in Supply Chains Speeding Up Decision-Making Under Pressure At crisis time, supply chain managers need to move quickly. From rerouting products because of a port shutdown to negotiating new terms with a vendor, speed and precision are paramount.

supply chain software solutions

Arkestro

MAY 14, 2025

By integrating Arkestros patented three sciences: Negotiation Science, Supplier Science, and Process Science, the platform empowers procurement teams to proactively shape procurement outcomes rather than react to supplier quotes. cost savings on every $1M of spend.

Innovation

Procurement Insights

MAY 7, 2025

and Euro- pean supply chains in both the short term Editor and lead writer Procurement Insights Blog WHAT 1930 CAN TEACH US ABOUT TARIFFS AND SUPPLY CHAINS IN 2025 a cura di Jon Hansen FOCUS FOCUS (within 1-2 years of implementation) and longer term (3-10 years), Ill analyze trade disruptions, supply chain resilience, and adaptation dynamics.

Supply chain

Jaggaer

APRIL 9, 2025

Key Challenges in Manufacturing Supply Chains and Solutions The world is currently going through an era of unprecedented challenges in supply chain management. Increasingly they will use AI-based procurement tools to negotiate the best contract terms at speed.

Agile and Lean Supply Chain

TYA Suite

MAY 3, 2025

This level of analysis helps organizations make informed decisions quickly, cutting down on time-consuming vendor meetings and negotiations. are also essential; look for platforms that offer comprehensive supplier tracking, performance metrics, and contract management to facilitate better negotiations and cost savings.

supply chain software solutions

Procurement Leaders

JULY 22, 2025

As software enables routine tasks to be automated, many procurement teams he works with are shifting their focus from simple processing to bigger challenges, such as planning for supply chain disruptions and bolstering resilience. It’s not a game of reducing people.

supply chain software solutions

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting

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.

supply chain budgeting

Supply Chain Game Changer

JULY 14, 2025

Grade 100 alloy chain is engineered to handle these conditions without compromise. This makes them ideal for steel plants, oil rigs, foundries, and outdoor construction environments—anywhere reliability under pressure is non-negotiable.

Supply Chain Efficiency

ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. Learn more at www.ivalua.com. Media Contact. Michael Gallo.

Supply chain resilience

ivalua

FEBRUARY 10, 2023

This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price

ivalua

MAY 31, 2022

These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Now, customers who are more strategic with negotiated rates are given preferential treatment. How to Achieve Supply Chain Resilience and Agility post Covid-19.

Suppliers

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain

Procurement Leaders

JUNE 20, 2022

There were incredible displays of innovation, ESG & supply chain resilience in abundance. Baroness Tanni Grey-Thompson , Kanya King and Tamara Lohan , who are pioneering in their own industries, inspired us to celebrate brave leadership, while Sam McAlister gave us the tools to negotiate in any circumstance.

Procurement

ivalua

FEBRUARY 6, 2021

Maximizing Supply Chain Resiliency. Aurea has a degree on International Business, and within 20 years at Flex, has developed a career in several Supply Chain positions, currently as VP of Indirect Procurement. Aurea Jimenez. VP, Indirect Procurement. Customer Keynote.

Supply chain resilience

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain

Procurement Insights

JANUARY 16, 2024

I have been negotiating as either a buyer or a seller for most of my life. Childhood traumas aside, I have always been fascinated by negotiation, writing about the subject many times over the years – including for this blog. Here are a couple of the more memorable ones: Does Age Influence Contracting Negotiation Styles?

Negotiation

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Negotiation Course For Procurement Professionals. LEARN MORE.

Collaboration