Procurement Leaders

MARCH 26, 2024

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. But does it work?

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

TYA Suite

MAY 13, 2025

These are typically routine or recurring purchasessuch as office supplies, raw materials, tools, or maintenance servicesthat support the companys ongoing operations. While it may not seem as strategic or high-profile as long-term sourcing deals, operational procurement is essential. What is the goal of operational procurement?

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

Supply Chain Game Changer

MARCH 25, 2021

Subscribe to Supply Chain Game Changer. For decades, forward-thinking supply chains were defined by how robust their investments into Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) was. What are Supply Chain Management Platforms? Get Our EBOOK HERE.

supply chain software solutions 102

supply chain software solutions Real-time Visibility supply chain budgeting Supply Chain Efficiency 102

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

TYA Suite

MAY 23, 2025

Managing a successful supply chain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. Supplier collaboration is essential for optimizing supply chain performance and achieving long-term business success.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Collaboration 78

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 78

Supply Chain Game Changer

APRIL 25, 2022

Subscribe to Supply Chain Game Changer. How to Reduce Software Development Cycle Time! The easiest way to receive such service is to hire dedicated development team. A specialized development staff, on the other hand, saves time and money. Your product development budget won’t go over.

supply chain software solutions 98

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

TYA Suite

MAY 13, 2025

Is your procurement process draining your budget? This is why procurement cost reduction is not just an option; its a necessity. By reducing procurement costs, businesses can increase profit margins without raising prices or cutting corners. Cost control helps avoid overbuying, unnecessary stock, or duplicate purchases.

Strategy 40

Strategy Import Procurement Raw materials 40

The Good Spending

AUGUST 16, 2022

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization supply chain budgeting 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups. .

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

Supply Chain Game Changer

JUNE 8, 2021

Subscribe to Supply Chain Game Changer. Here at Supply Chain Game Changer our fundamental mission is to share experiences and expertise for the benefit of all. Supply chain is both deep and broad. I read multiple magazines and supply chain blogs to keep current. Subscribe Here! Email Address.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 98

Supply Chain Game Changer

FEBRUARY 11, 2022

Subscribe to Supply Chain Game Changer. 5 Things Startups Must Know Before Launching a Minimum Viable Product (MVP)! Product innovation is at the center of many success stories. Every product that exists now, or that existed before, was once an innovation. The post How to Create Successful and Innovative Products!

Innovation 98

Innovation supply chain budgeting Supply Chain Efficiency Price 98

The Good Spending

JUNE 15, 2022

Modified Rebuy A buyer wants to replace or amend a product used in the organization. The decision-making may involve plans to modify the product specifications, prices, terms, or vendors to enhance the product quality or reduce cost. Straight Rebuy The buyer routinely reorders a product with no modifications.

supply chain budgeting 52

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

Arkestro

OCTOBER 3, 2024

From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends. It’s anything but easy to manage. As the adage goes, necessity is the mother of invention.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement.

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 57

Claritum

NOVEMBER 28, 2016

source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). In Deloitte’s Global CPO Survey 2016 the top 4 priorities for CPO’s were found to be cost reduction, new product development, increasing cash flow and organic expansion. Cost Reduction. New Product Development.

Procurement 50

Procurement Eprocurement Networking Sourcing 50

IBM Supply Chain Blog

DECEMBER 1, 2023

Digital transformation with AI Insurance companies are reducing cost and providing better customer experience by using automation, digitizing the business and encouraging customers to use self-service channels. Several prominent companies in every geography are working with IBM on their core modernization journey.

Data 96

Data Risk Innovation Product development 96

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

supply chain software solutions 52

supply chain software solutions Procurement Supply chain resilience Supply Chain Efficiency 52

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

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains.

Real-time Visibility 52

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

Supply Chain Trend

OCTOBER 29, 2021

If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). To become autonomous, supply chains require the new technology of Wave 3 planning systems, which we think of as systems of intelligence.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. You snag a bunch of budget-friendly printers without considering the long game.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 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 45

Leadership Networking supply chain budgeting Supply Chain Optimization 45

Procurement Software

FEBRUARY 20, 2024

Apadua Apadua is a professional services sourcing software, based in Cologne, Germany. In addition, Explore uses information from Source and Monitor to update its database. Source is a safe and user-friendly guide through the RFP and awarding process. It also has convenient filters and ways to organise different providers.

Supply Chain Efficiency 59

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

Finale Inventory

JULY 21, 2024

Determining the total manufacturing cost allows companies to make well-informed decisions regarding product pricing and overall business strategies. This guide will cover the concept of total manufacturing cost, break down its components, provide useful formulas, and discuss how to interpret the results and reduce costs effectively.

Raw materials 52

Raw materials Price supply chain budgeting Inventory 52

IBM Supply Chain Blog

DECEMBER 20, 2023

Starbucks also paid careful attention to its supply chain, ensuring is products were ethically sourced and offering specialty drinks that in some geographic locations could be difficult to find. Rather than trying to enter an entirely new market, the company focused on providing low-cost goods to rural consumers.

Business strategy 69

Business strategy Strategy Leadership supply chain budgeting 69

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

supply chain software solutions 40

supply chain software solutions Procurement Supply chain resilience Supply Chain Efficiency 40

IBM Supply Chain Blog

JUNE 29, 2023

Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. 3D printing 3D printing, also known as additive manufacturing, is a rapidly growing technology that has changed the way companies design, prototype and manufacture products.

Supply Chain Optimization 54

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

World of Procurement blog

MAY 23, 2024

The goal of supplier consolidation is to streamline procurement processes, reduce costs by leveraging economies of scale, strengthen relationships with top-performing suppliers, and drive performance improvements through better coordination. Working closely with fewer suppliers also enhances supply chain transparency and resilience.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Barkers Procurement

FEBRUARY 25, 2024

In parallel, it will also look at its expenditure meaning it is frequently the case that the Procurement function will be asked to commit incremental cost reduction to that which has already been budgeted, without the luxury of knowing its method of delivery.

Procurement 52

Procurement supply chain software solutions Contract supply chain budgeting 52

Finale Inventory

SEPTEMBER 6, 2024

This minimizes stockouts and ensures a steady supply of products. Efficient inventory tracking improves supply chain management by providing real-time visibility into inventory levels, which optimizes procurement, streamlines order fulfillment, and reduces lead times.

Inventory 52

Inventory Real-time Visibility supply chain software solutions Order Fulfillment 52

Zycus Cognitive Procurement

JANUARY 31, 2023

SRM provides an opportunity for companies to gain a competitive edge by forming productive partnerships with their suppliers. At its core are three distinct components — supplier segmentation, strategy development and execution – enabling companies to identify risks/opportunities while optimally engaging with their vendors.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Planergy

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. Product Development. How to gain visibility and control of your indirect spend.

Data 52

Data Import supply chain software solutions Quality 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52