Procurement Tactics

DECEMBER 7, 2022

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services.

Supply Chain Efficiency 101

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 101

Let's Talk Supply Chain

FEBRUARY 8, 2023

The past few years have been challenging as far as supply chain goes, and it doesn’t look like things will improve any time soon. All three used to suffer from inefficient supply chains, which resulted from bad supplier relations. That’s precisely what these three companies used to suffer from.

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Supply Chain Efficiency supply chain software solutions Supply chain Suppliers 52

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. Sure, but it won’t be very efficient and it’s prone to human error. Mithra-Ai Mithra-AI Solutions B.V.

supply chain software solutions 52

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

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 90

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

EazyStock

AUGUST 29, 2023

While you strive for efficiency and profitability, have you considered the environmental impact of your inventory practices? These disruptions caused delays throughout the entire supply chain as effects rippled down. We’ll also highlight some green supply practices you can implement to build a sustainable supply chain.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Supply chain management Supply chain management 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. Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.

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

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. What is Procurement Tracking?

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Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. That’s where supply chain risk management software comes in. Subscribe Here! Email Address. Manufacturing.

Risk management 96

Risk management supply chain software solutions Risk Management 96

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Resiliency is now the name of the game for supply chains. Supplier diversification is a key component for supply chain resilience.

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supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 96

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.

supply chain software solutions 52

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.

supply chain software solutions 52

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

Supply Chain Game Changer

APRIL 25, 2022

Subscribe to Supply Chain Game Changer. How to Reduce Software Development Cycle Time! Here we discuss the benefits and drawbacks of hiring a specialized software development team. Why Does Your Company Need a Software Development Team? Benefits of a Dedicated Software Team. Subscribe Here! Email Address.

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supply chain software solutions supply chain budgeting Supply Chain Efficiency Quality 94

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

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Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Arkestro

SEPTEMBER 29, 2023

The software works with real-time and historical data, including user preferences, past buys, supplier performance, and market trends. Systems use this data to automate routine procurement tasks and make informed decisions about sourcing, pricing, and supplier relationships. Why is autonomous procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

Procurement Tactics

JUNE 19, 2023

AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. The use of AI in logistics is becoming an essential element of supply chain management as the industry becomes more complex as it is.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. In 2022, inflation rates peaked at 9.1%

Supply Chain Optimization 52

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

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

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Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

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supply chain software solutions Contract management Contract Sourcing 52

Arkestro

JULY 18, 2023

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.

Supply Chain Optimization 52

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

EazyStock

MARCH 17, 2021

As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Types of Supply Chain Disruptions.

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Supply Chain Optimization supply chain software solutions Supply Chain Efficiency supply chain budgeting 78

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

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Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

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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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Procurement Tactics

JUNE 28, 2023

Demand is affected by changes in supply and lower supply means higher prices and vice versa. Increases in prices mean increased production costs and higher inflation rates. Commodity Trading is also a vital aspect of the Global Economy; Providing price discovery, risk management, and efficient resource allocation.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Supply Chain Game Changer

OCTOBER 15, 2022

Subscribe to Supply Chain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! Today, software development is an effective marketing tool in the pharmaceutical market. Learn more about the pharmaceutical industry and the role of pharma sales and marketing software development role below.

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supply chain software solutions Import Raw materials Supply Chain Efficiency 94

Procurement Tactics

MAY 30, 2023

They manage the sourcing and purchasing of goods and services that the organization requires to operate effectively. Their primary responsibilities include negotiating with suppliers to obtain favorable terms and prices, ensuring the quality and timely delivery of goods and services, and managing the procurement process from start to finish.

Management 178

Management supply chain budgeting Procurement Negotiation 178

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

SupplyShift

MAY 17, 2021

The supply chain has been a growing area of focus for the sustainability conversation. According to McKinsey , supply chain impacts account for more than 80% of greenhouse gas emissions and more than 90% of the impact on air, biodiversity, land, water, and geographical resources. What is Supply Chain Sustainability?

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability supply chain software solutions Supply chain 52

SupplyShift

MAY 17, 2021

The supply chain has been a growing area of focus for the sustainability conversation. According to McKinsey , supply chain impacts account for more than 80% of greenhouse gas emissions and more than 90% of the impact on air, biodiversity, land, water, and geographical resources. What is Supply Chain Sustainability?

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability supply chain software solutions Supply chain 52

Procurement Tactics

MARCH 16, 2023

Strategic procurement is data-driven and uses a combination of tools and techniques that go far beyond unit price reduction. Strategic Sourcing Strategic sourcing assesses the patterns of business spending in order to find and choose the best suppliers that align with your business goals and objectives. Why is it important?

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Procurement Procurement strategies supply chain budgeting Contract management 238