Procurement Tactics

APRIL 6, 2023

In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. Once you are done reading this article, you will have a deeper understanding of sustainable supply chains. However, how do you do it?

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

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.

supply chain budgeting 98

supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 98

SCMDOJO

OCTOBER 30, 2024

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

supply chain budgeting 96

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 96

Procurement Templates

DECEMBER 11, 2024

It’s been a very long time since I’ve had to consider about procurement objectives. Here are some typical procurement objectives that every procurement professional should consider. Process Efficiency: Streamline procurement processes through automation, reducing lead times and operational costs.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

DECEMBER 30, 2024

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.

Supply Chain Efficiency 113

Supply Chain Efficiency Supply Chain Optimization Cost of ownership Procurement 113

SCMDOJO

OCTOBER 23, 2024

As businesses become increasingly global, professionals in the supply chain field must keep up with new technologies, trends, and best practices. Summary Table edX Supply Chain Courses vs. SCMDOJO Aspect SCMDOJO edX Focus & Specialization A dedicated platform focused entirely on supply chain management.

Supply Chain Optimization 88

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 88

SCMDOJO

FEBRUARY 15, 2025

Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them.

Project management 84

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 84

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. This article explains how this affects Procurement. This content is for members only.

Supply Chain Optimization 112

Supply Chain Optimization Management Supply Chain Efficiency Supply chain resilience 112

Let's Talk Supply Chain

APRIL 28, 2025

In the ever-evolving landscape of supply chain management, procurement leaders must stay ahead of the‍ curve to ‍ensure success in 2025 and beyond. In this article, we will explore four key strategies that procurement leaders can adopt to ‍navigate the complexities of the future supply chain landscape.

Supply Chain Efficiency 52

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

Spend Matters

DECEMBER 16, 2024

In part 1 of this mini series on tariffs we looked in more detail at what we mean by tariffs and in part 2 we talked about a Procurement action plan. In part 3 we look at the tech that can support Procurement in tariff management. Design-for-Supply part 1, part 2, part 3 and part 4.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 112

Skill Dynamics

FEBRUARY 17, 2025

Theres a growing demand for certified professionals in the supply chain industryin fact, the employment of logisticians is projected to grow 19% from 2023 to 2033. Supply chain certification equips companies and teams with the knowledge, tools, and techniques they need to design, manage, and optimize complex supply chains.

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Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 92

Procurement Tactics

JUNE 5, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! In this article, we will define what the global supply chain is. We will discuss why it is important and the benefits you can gain from the global supply chain. Additionally, we will tell you some tips on how to improve your global supply chain.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Spend Matters

MAY 6, 2025

In the Executive Summary to this use case series on aligning finance and procurement for cash flow optimization and liquidity we examined five phases that help organizations break down silos, align priorities and build the operational and technological capabilities needed to manage cash more effectively.

Supply Chain Optimization 82

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 82

Procurement Tactics

SEPTEMBER 13, 2022

33 Procurement Interview Questions in 2022. Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. Supply Chain Sustainability: What is it? First Name.

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception.

Supply Chain Efficiency 61

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 61

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Spend Matters

APRIL 10, 2025

Procurement is at a crossroads. Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. For years, procurement teams have been expected to do more with less while working with the same (or even fewer) resources.

Supply Chain Efficiency 106

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 106

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.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

SCMDOJO

APRIL 11, 2025

With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supply chain career through the SCMDOJO Supply Chain Learning Track Certification!

Supply Chain Efficiency 73

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 73

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

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

SCMDOJO

OCTOBER 28, 2024

Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. Procurement People should learn the Sales & Operations Planning (S&OP) Process. Click here to learn more and register today!

Procurement 95

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 95

Procurement Tactics

DECEMBER 21, 2022

33 Procurement Interview Questions in 2023. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Procurement Tactics

NOVEMBER 14, 2022

33 Procurement Interview Questions in 2022. Retail Supply Chain — Everything You Should Know. Retail supply chains around the world are under intense pressure due to global disruptions. However, what is the retail supply chain? This article will discuss what a retail supply chain is.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Procurement Tactics

NOVEMBER 8, 2022

33 Procurement Interview Questions in 2022. Finance Hacks: — How to Reduce Supply Chain Costs. Supply chain management is a crucial aspect of operations from small businesses to multinational corporations. It focuses on optimizing processes from raw materials to the final products. First Name.

supply chain budgeting 182

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 182

Spend Matters

MAY 1, 2025

We continue our Procurement Transformation Guide with a look at implementing an e-procurement transformation. Procurement has moved beyond a transactional function. It is now a strategic enabler of operational efficiency, cost savings and supplier innovation.

Real-time Visibility 76

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 76

ivalua

JUNE 29, 2020

With rising costs and declining margins, health systems must become more efficient and productive. We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Share on Twitter. According to 2019 Definitive Healthcare data, U.S.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable. A resilient supply chain is one that can absorb shocks and continue functioning with minimal disruption.

Agile and Lean Supply Chain 58

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 58

Skill Dynamics

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.

Supply Chain Optimization 52

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

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate. Loss of revenue due to stock shortages.

Supply Chain Optimization 54

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 54

Procurement Tactics

DECEMBER 7, 2022

33 Procurement Interview Questions in 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. . How Does it Work?

Supply Chain Efficiency 181

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

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Spend Matters

APRIL 17, 2025

Artificial intelligence use in procurement isnt a distant dream its here, reshaping how procurement professionals work. Level 1: The quick wins Low-effort, high-impact AI The easiest way to introduce AI into procurement is through automation eliminating repetitive tasks and boosting efficiency with minimal effort.

Strategy 98

Strategy Real-time Visibility Procurement Procurement team 98

Procurement Tactics

JULY 19, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

Supply Chain Optimization 170

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

Skill Dynamics

JANUARY 9, 2025

Strong supply chain capabilities drive efficiency and develop competitiveness in an oversaturated market. Global disruptions such as COVID-19 have unearthed a wide range of vulnerabilities within international supply chains. To develop these relationships, regular communication is key.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 52

ivalua

DECEMBER 15, 2022

Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. We are delighted to have been selected for the digitization of one of the world’s leading automotive players’ procurement processes. Redwood City, CA, December 15, 2022. About Ivalua. Learn more at www.ivalua.com.

Supply Chain Efficiency 246

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Spend management 246