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Price supply chain budgeting Supply Chain Optimization 
ivalua
MAY 29, 2025
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
SCMDOJO
DECEMBER 29, 2024
Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supply chain enthusiasts’ diverse needs. As you know, the supply chain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field.
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SCMDOJO
APRIL 3, 2025
Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. Can you increase prices for customers?
SCMDOJO
JANUARY 29, 2025
Supply chain reports offer a comprehensive view of your entire supply chain operation. They are powerful tools for businesses to identify areas for improvement, optimize processes, and gain a competitive edge. What are Supply Chain Reports?
Procurement Templates
NOVEMBER 21, 2024
Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Negotiation Skills Actionable Steps: Prepare Thoroughly: Research suppliers’ market position and pricing strategies before negotiations. SAP, Oracle) Procurement software (e.g., Coursera, LinkedIn Learning).
Procurement Tactics
JUNE 5, 2023
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.
SCMDOJO
APRIL 11, 2025
Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.
Supply Chain Game Changer
JUNE 7, 2025
Subscribe The Supply Chain Renaissance Has Begun! This article depicts how innovative technology transforms supply chain operations. Supply Chain Management oversees the operational connection between businesses responsible for making and moving products through all distribution stages.
Supply Chain Game Changer
JUNE 5, 2025
Subscribe The Complexity of the Lego Supply Chain! Supply chains in the energy sector are among the most complex and capital-intensive in the world. Key insight for finance professionals: Supply chain complexity is more than logistics. It’s about capital flow, asset risk, and regulatory layering.
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.
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Procurement Insights
JUNE 7, 2025
Hansen’s early concepts—especially his 1998 frameworks involving agent-based modeling , the Metaprise , time-zone polling , and advanced self-learning algorithms —share fundamental DNA with the adaptive, decentralized, and data-rich supply chain models later refined and scaled by Jeff Bezos at Amazon. MODEL 2 Jon W.
SCMDOJO
MAY 23, 2025
In an age where supply chains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. Take the example of inventory optimization.
58 
ivalua
JUNE 5, 2025
Understanding these differences is essential for businesses that want to optimize operational efficiency and safeguard against costly errors. Aligning procurement and purchasing ensures efficiency, cost control, and reduced risk across the organization. See a Demo. What is Purchasing?
130 
Spend Matters
MAY 1, 2025
A well-structured transformation journey ensures organizations progress from basic digitalization to advanced AI-driven procurement, enabling smarter decision-making, better compliance and optimized supply chain performance. When procurement lacks visibility into budget constraints or supplier performance, inefficiencies arise.
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.
Procurement Templates
AUGUST 28, 2024
The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.
ivalua
MAY 30, 2025
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. Businesses are moving and changing at an incredibly rapid pace, and supply chains are becoming increasingly complex. AI is reshaping the way organizations source, manage suppliers, and drive value today.
130 
SCMDOJO
JUNE 9, 2025
How Documentation Happens in Logistics Accurate documentation in logistics requires structured processes and reliable methods to capture, record, and transmit essential information at every stage of the supply chain. These records outline the items ordered, the quantity, at what price, and under which terms.
Let's Talk Supply Chain
MARCH 24, 2025
In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. Welcome to the frontline of change in the world of electronics supply chains.
Spend Matters
MAY 27, 2025
Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration. Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management.
Let's Talk Supply Chain
FEBRUARY 27, 2025
Technology integration: The integration of advanced technologies like autonomous vehicles and route optimization software is expected to streamline operations and potentially reduce costs,influencing the direction of trucking rates.
Supply Chain Game Changer
AUGUST 21, 2022
Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.
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?
211 
Let's Talk Supply Chain
APRIL 16, 2025
In the fast-paced world of entertainment, strategic supply chain management is crucial to ensuring seamless operations and success. SRM Entertainment, a leading player in the industry, has recently made a groundbreaking announcement regarding its supply chain measures.
Supply Chain Game Changer
JUNE 9, 2025
So: Adopt route optimization tools. These minimize delays and save fuel costs. Employ chatbots for 24/7 customer support, reducing human workload. Implement dynamic pricing models based on market conditions. It’s not just about storage; it’s about optimizing processes to enhance productivity and reduce costs.
80 
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.
Procurement Templates
DECEMBER 11, 2024
Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies. Financial Objectives Budget Management: Monitor and manage procurement budgets to ensure spending stays within approved limits. Action: Develop a procurement cost-avoidance tracker for proactive budget control.
130 
Procurement Tactics
JULY 4, 2023
The model is also used to compare the actual cost of production to the estimated cost and to identify areas where costs can be reduced. It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings.
209 
SCMDOJO
MARCH 19, 2024
In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.
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.
193 
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. It is within this context that SCMDOJO’s Expert Marketplace was conceived.
Let's Talk Supply Chain
MARCH 24, 2025
In a whirlwind of market turbulence, teh auto supply chain is grappling with the aftermath of a tariff blitz that has sent shockwaves through component suppliers worldwide. Key strategies being adopted by component suppliers include: Diversifying the supply chain to reduce reliance on single sourcing.
SCMDOJO
SEPTEMBER 24, 2024
Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.
Procurement Tactics
MAY 30, 2023
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. This is a crucial responsibility as it helps the organization to reduce costs and increase profitability.
178 
SCMDOJO
JANUARY 19, 2025
We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.
Spend Matters
JUNE 2, 2025
While traditional KPIs often emphasize cost savings or budget control, aligned organizations take a more strategic approach, tracking performance indicators that reflect the joint impact of finance and procurement on business outcomes. Compare actual procurement costs against financial forecasts to improve budget accuracy.
SCMDOJO
FEBRUARY 26, 2025
Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What is the Cost Performance Index (CPI)? According the research paper by Winanda et.
Procurement Tactics
MARCH 16, 2023
It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Strategic procurement is data-driven and uses a combination of tools and techniques that go far beyond unit price reduction. Activities Compromising Strategic Procurement 1. What is a procurement strategy?
238 
Supply Chain Game Changer
NOVEMBER 7, 2022
Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations.
Let's Talk Supply Chain
DECEMBER 16, 2024
Today Tom Burke, Portfolio Product Manager at CargoWise Landside, joins me to talk all about how drayage rating and quoting best practices can improve supply chain management, visibility, and logistics execution. 32.52] How DrayMaster can help truckers to reduce quote turnaround times by up to a huge 95%.
Procurement Tactics
JUNE 30, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023.
177 
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.
SCMDOJO
JUNE 6, 2023
For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization?
Jaggaer
OCTOBER 24, 2024
Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?
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