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 in 2015.

Supply Chain Visibility 52

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

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

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!

Supply Chain Optimization 126

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

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 88

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 88

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

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 →. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

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.

Real-time Visibility 130

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

Inventory 170

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

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

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.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

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

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

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.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Procurement 52

Arkestro

JUNE 20, 2023

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. With 36% of leaders prioritizing AI implementation in finance [1].

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 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.

Supply Chain Efficiency 52

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

Supply Chain Efficiency 45

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

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. The Challenges of Freight. Data is King. You need something more.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

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

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.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. But that balanced scorecard has always been there in the best procurement organisations.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

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. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

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.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

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.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Positive Purchasing

SEPTEMBER 5, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan works with global blue-chip organizations to help transform their procurement capability. So, we did a swift 90º proposition reboot and became a business helping big global organizations be really good at procurement and negotiation.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

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.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 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. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

Agile and Lean Supply Chain 40

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

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Una

JUNE 8, 2023

The fact is that procurement teams can only do so much. We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. A sole supplier with no competitors.

Suppliers 52

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

Procurify

JULY 20, 2022

According to a report by Ardent Partners , 2022 savings targets for procurement teams is almost 19% lower than the last year. Although cost-saving has been a top priority for a long time, new requirements in procurement are surfacing and bringing challenges with them. Building rapport with key stakeholders .

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Jaggaer

JANUARY 14, 2020

Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a st reamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain.

Supply Chain Efficiency 40

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

Supply Chain Game Changer

APRIL 26, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 52

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

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. Data-driven Decision Making In today’s data-driven world, the role of data in procurement has become increasingly significant.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Procurement Templates

JUNE 18, 2023

Cost-push inflation: This happens when the cost of production for goods and services increases. It can be due to factors such as rising wages, higher raw material prices, or increased taxes. As businesses face higher costs, they pass them on to consumers by raising prices.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

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

Supply Chain Game Changer

NOVEMBER 17, 2018

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action ” Interview series at Supply Chain Game Changer. I would call myself an accidental supply chain executive!

Leadership 40

Leadership Networking supply chain budgeting Supply Chain Optimization 40

World of Procurement blog

APRIL 23, 2024

Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

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