SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. And one of the most promising innovations in recent years is ChatGPT for supply chain. If you are not familiar with ChatGPT, don’t worry!

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

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

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Email Address.

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Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. CERTIFICATE COURSES Related courses about this subject 1.

Logistics 193

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

Supply Chain Game Changer

SEPTEMBER 5, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust. Subscribe Here! Email Address.

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

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

Arkestro

JULY 6, 2023

Resources / Blog / Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive The ripple effects of the COVID-19 pandemic are still rearing their ugly head in the automotive industry.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Procurement 52

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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.

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

Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains.

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Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Arkestro

JANUARY 18, 2023

Chemical manufacturers turn an array of raw materials—gas, minerals, metals, and more—into countless products used in everyday life. Predictive procurement is the key to securing raw materials at the right price and time. Reducing costs in the industry by even a fraction has a huge impact on profitability.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Procurement Templates

MARCH 3, 2024

Check out my other page on s trategic sourcing A procurement assessment of needs is a systematic evaluation conducted by organizations to determine their requirements for goods, services, or works. This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .

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Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Spend Matters

JANUARY 17, 2024

In this Spend Matters Vendor Analysis, we give an overview of ChAI, a pricing/market intelligence solution built to provide procurement teams with deep insights into the evolution of commodities. Understanding the evolution of commodity prices is crucial for procurement professionals.

Raw materials 56

Raw materials Supply Chain Efficiency supply chain budgeting Strategic planning 56

SCMDOJO

JUNE 7, 2023

The supply chain industry has been evolving rapidly since the pandemic outbreak. To stand out from the rest and succeed both in supply chain and operations management, you need to walk the extra mile. Let’s learn how language is an important skill in supply chain and operations management.

supply chain budgeting 74

supply chain budgeting Supply Chain Efficiency Import Supply chain 74

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? Why is it Important?

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Price Purchasing Raw materials Negotiation 130

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. However, what is it?

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

Procurement Tactics

JULY 13, 2022

33 Procurement Interview Questions in 2022. Procurement Function — Everything a Procurement Professional Should Know. The procurement function is one of the keys for a business to succeed. The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. Procurement Today.

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Procurement supply chain budgeting Negotiation Contract 130

Procurement Tactics

SEPTEMBER 22, 2022

33 Procurement Interview Questions in 2022. Sustainable Procurement Business Examples — The Ultimate Guide. Sustainable procurement is being adopted by many companies to reduce their carbon emissions and achieve sustainability. After reading this article, you will have a deeper understanding of sustainable procurement.

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Sustainability Procurement supply chain budgeting Supply Chain Efficiency 130

Barkers Procurement

JANUARY 26, 2024

The Pressures That Procurement Faces In 2024. In recent years, we have seen the demand placed upon the Procurement function significantly increase. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best.

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supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

In recent years, we have seen the demand placed upon the Procurement function significantly increase. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best. What is driving the pressure on Procurement?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Arkestro

NOVEMBER 14, 2023

Resources / Blog / Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry Thanksgiving is one of the most important holidays for the food and beverage industry in the U.S. Last year, the holiday brought in $2.8

supply chain budgeting 52

supply chain budgeting Food and Beverage Supply Chain Supply Chain Optimization Procurement 52

Barkers Procurement

AUGUST 2, 2023

What Are The Pressures That Procurement Faces In 2023 And Beyond? In recent years we have seen the demand placed upon the Procurement function significantly increase. Of note is that the increase in workload is juxtaposed by data that suggests that for most organisations, headcounts are set to be reduced or maintained at best.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

Arkestro

MARCH 13, 2023

It turned to Arkestro Predictive Procurement software. FRANK BATTINO – Director of Procurement & Logistics Services The Challenge Operational silos across disparate locations. Also, budget forecasting was done based on suppliers’ assumed fixed costs, often making projections inaccurate.

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supply chain budgeting Supply Chain Efficiency Procurement Bidding 52

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Procurement Software

APRIL 2, 2024

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 45

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

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

Skill Dynamics

FEBRUARY 6, 2024

When implemented and managed correctly, it’s a strategy that can lead to large-scale operational improvements, cost optimization, and reduced risks across the supply chain. Often it involves attempting to streamline the procurement process and minimise waste within the supply chain.

Supplier relationship management 59

Supplier relationship management Suppliers Supply Chain Efficiency Management 59

Procurement Insights

DECEMBER 6, 2023

By the way, here is the very first post about Coupa titled “ Moving Procurement Practice Beyond Adjunct Complexity (COUPA Profile).” One of the advantages of being around for 40-some years is that I have garnered considerable knowledge and experience from all sides of the procurement/supply chain world.

Raw materials 61

Raw materials Price supply chain budgeting Supply Chain Efficiency 61

Empowering CPO

MAY 11, 2023

The Importance of Sustainable Procurement In today’s rapidly evolving global economy, businesses and organizations must look beyond traditional procurement practices to ensure long-term success and positive impact. Understanding Sustainable Procurement A. Introduction A.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Empowering CPO

JULY 17, 2023

Introduction Brief Explanation of the Role of Procurement in Businesses Procurement is the lifeblood of any business, large or small. From securing raw materials to procuring top-tier services, these purchases directly impact a company’s efficiency, productivity, and bottom line.

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Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Shortages in raw materials, energy, shipping, and labor required that CPOs performed at the top of their game to ensure business continuity. So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges?

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

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Contract Logistics Supply Chain Efficiency Supply Chain Optimization 91

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. Following further deliberation, a budget is usually agreed. Enhanced brand equity.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Planergy

DECEMBER 29, 2022

Marketing Procurement: Challenges and Best Practices. Best Practices & Tips Category Management Procurement. Procurement leaders often underestimate the importance of marketing procurement. What is Marketing Procurement? Marketing Procurement vs. Standard Procurement. Download Free Copy.

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Procurement Raw materials supply chain budgeting supply chain software solutions 52