SCMDOJO

MAY 2, 2024

Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience! Importance of Supply Chain Resilience Resilient supply chains are better equipped to absorb shocks, respond swiftly to disruptions, and recover more efficiently.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 97

ivalua

MARCH 24, 2022

Having a complete view of all activities across the Source-to-Pay process is paramount to building effective and resilient supplier relationships. Further, suppliers play a pivotal role in innovation, ESG, risk management, quality, supply continuity, and many other critical organizational functions.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 87

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 87

Jaggaer

FEBRUARY 13, 2025

Compliance with national and international regulations is of course a pressing concern to avoid fines, disruptions to operations and reputational risk. These include risk management and resilience in a volatile world. Companies want to avoid or mitigate disruptions to the supply chain and manage stranded assets.

Leadership 52

Leadership Procurement Supply Chain Efficiency Sustainability 52

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

TYA Suite

MAY 23, 2025

Supplier collaboration refers to the strategic process of working closely with suppliers to improve the efficiency, quality, and overall performance of the supply chain. Enhanced product quality and innovation Supplier collaboration ensures that both businesses and suppliers align on quality standards from the start.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 112

Risk Risk management Supply Chain Efficiency supply chain software solutions 112

Jaggaer

APRIL 16, 2025

Many procurement teams are being asked to deliver value beyond savings alone , strengthening supply chain resilience, reducing compliance risk, and advancing ESG and sustainability goals, at greater speed and without headcount increases. On the demand side, there is pressure to do more with less.

Procurement 52

Procurement Demand Planning Data interpretation Supply Chain Efficiency 52

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

SCMDOJO

JUNE 6, 2023

Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. These insights can help identify bottlenecks, areas that need optimization and can detect inefficiencies in the supply chain. This will benefit the entire supply chain.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

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

SCMDOJO

JUNE 28, 2024

Vera Rozanova Vera is a seasoned procurement & supply chain professional with 25+ years of experience in Planning, Supply Chain, Procurement, SOP+, and Quality across diverse industries. Strategic supplier-partner relationships/partnerships are essential. She holds a degree of MBA and MCIPS.

Supply Chain Optimization 87

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 87

Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. The lesson?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

Procurement Templates

SEPTEMBER 14, 2023

It goes beyond the traditional criteria of cost, quality, and reliability, encompassing environmental and social considerations. Risk Management : Supply Chain Resilience : Evaluate suppliers’ strategies for mitigating risks related to environmental disruptions, such as natural disasters or resource scarcity.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Planergy

JANUARY 26, 2023

The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Supplier risk is always there, but using various risk management strategies can help you minimize the impact.

supply chain software solutions 52

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

World of Procurement blog

MAY 8, 2024

The goal is to find suppliers capable of delivering based on specifications, pricing, quality, capacity, and other factors. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

OCTOBER 3, 2024

These parts must meet detailed program requirements for cost, quality, delivery, and technology. For these transactions, automakers and medium-to-large auto suppliers consider production supplier scorecards, supply chain resilience, geopolitical risks, ESG (environmental, social, and governance), and much more to make purchasing decisions.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Empowering CPO

JUNE 9, 2023

These are quantifiable measures used to track and analyze the efficiency, effectiveness, and quality of the procurement process. Defining Procurement Metrics Procurement metrics, in essence, are a system of parameters that quantify and evaluate the effectiveness, efficiency, and quality of procurement activities within an organization.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. The benefits of maintaining direct relationships with suppliers to reduce costs and ensure product quality.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. The Need for Outsourcing Procurement Services Managing procurement in-house can pose a host of challenges for businesses.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

World of Procurement blog

MAY 8, 2024

Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration. Proactive risk management prevents major losses. Accurate demand forecasts enable effective supply chain planning. Careful supplier selection and supplier relationship management are key.

Agile and Lean Supply Chain 40

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

Procurement Software

APRIL 2, 2024

Supplier Relationship Management (SRM) Full stack SRM software offering - depending on the tool - modules such as supplier onboarding, due diligence, supplier audit, supplier performance, internal stakeholder surveys, quality management, fraud checks, sustainability reporting.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Procurement Budget 52

IBM Supply Chain Blog

MAY 17, 2024

Generative AI activates predictive analytics and forecasting, enabling businesses to anticipate and respond to changes in demand, reducing stockouts and overstocking, and improving supply chain resilience. This content includes product descriptions, images, videos and even interactive experiences.

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

Empowering CPO

JUNE 27, 2023

Proactive Risk Management: Digital spend analysis provides enhanced visibility into supplier performance, allowing organizations to identify and mitigate potential risks. By detecting and mitigating risks in real-time, digital spend analysis contributes to stronger governance and risk management practices.

Real-time Visibility 40

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

Spend Matters

SEPTEMBER 19, 2023

In September 2017, Hurricane Maria battered the Caribbean Island of Puerto Rico, knocking out the main production facility of Baxter International, which supplies 41% of the saline solution used in the United States, leading to widespread shortages in hospitals across the country.

Supply chain 112

Supply chain Supply chain resilience Supply Risk 112

Arkestro

DECEMBER 12, 2022

To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Let's Talk Supply Chain

FEBRUARY 12, 2025

With cocoa prices showing no signs of immediate relief, these companies are exploring options to enhance efficiency, optimize inventory management, and possibly adjust product pricing to maintain their competitiveness in the market.

Price 52

Price Supply Chain Efficiency Supply Chain Optimization Supply chain 52

SCMDOJO

DECEMBER 16, 2024

One willing to be part of this entire sector of material management should have a strong understanding of risk management principles and their application in supply chain contexts. Plus, they are supposed to be proficient in developing and implementing mitigation plans to address potential risks.

Material management 52

Material management Management Supply Chain Optimization Agile and Lean Supply Chain 52

SCMDOJO

MARCH 28, 2025

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Logistics 52

Logistics Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52