Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 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.

Risk 52

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

Barkers Procurement

JANUARY 26, 2024

The pressures that procurement faces show no signs of reducing. The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional. The extra cost will feed through to business costs.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

The pressures that have been placed on the Procurement function show no signs of reducing. The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional. How can Barkers help?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Procurement Templates

MARCH 3, 2024

Risk Assessment : Identifying potential risks associated with procurement activities is essential for effective planning and mitigation. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Barkers Procurement

AUGUST 2, 2023

The pressures that have been placed on the Procurement function show no signs of reducing. The increasing pressure from macroeconomic factors that include Inflation, Continued Supply Chain disruption and Geopolitical tensions are primary areas of concern for the procurement professional. How can Barkers help?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 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. 2) Effective risk management should be a priority After the Covid-19 pandemic, enterprises have been firefighting to manage risks and have invested in developing supply chain resilience.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 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. Who can help us solve some of these problems?’.

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. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

Una

JUNE 8, 2023

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. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

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

Procurify

JULY 20, 2022

So, what are the common challenges purchasing managers face today, and how can they address them? Risk management and mitigation. Risk management and mitigation is a primary purchasing challenge today. Before, purchasing managers often prioritized spend management. Lack of visibility.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. Supply Chain of fashion industry involves a time based competition.

Agile and Lean Supply Chain 95

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

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Supply Chain Efficiency 57

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 57

Empowering CPO

JULY 17, 2023

From securing raw materials to procuring top-tier services, these purchases directly impact a company’s efficiency, productivity, and bottom line. These services typically include strategic sourcing , supplier management , contract management, purchase order and invoice management, spend analysis , and process optimization.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? As we have all seen in the last few years, school districts across the United States are not making budget and there have been a lot of cuts. Federal Government is stepping up cutting budget dollars for programs. What are We Seeing Firsthand?

supply chain budgeting 63

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

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

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

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Cost Management: Budgeting and tracking expenses related to procurement.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Cost Management: Budgeting and tracking expenses related to procurement.

Supply Chain Efficiency 52

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

Empowering CPO

JUNE 26, 2023

These actions lead to improved negotiation power, reduced costs, and enhanced overall procurement efficiency. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain.

Real-time Visibility 40

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

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. There’s a rising demand for raw materials and products and inadequate drivers to ship products. Optimize Routes.

supply chain budgeting 95

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. These systems streamlined the procurement process, improving efficiency and reducing costs.

Procurement 52

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

Procurement Software

MARCH 11, 2022

This enables the material or part in question to be freely sourced from other suppliers. Purity / grade and tolerance are also important for raw materials and purchased parts for production. This can lead to supply chain disruption caused by storeroom stock-outs of critical spare parts. Incorrect lead times.

Data 52

Data Raw materials Procurement Suppliers 52

Procurement Software

MARCH 11, 2022

This enables the material or part in question to be freely sourced from other suppliers. Purity / grade and tolerance are also important for raw materials and purchased parts for production. This can lead to supply chain disruption caused by storeroom stock-outs of critical spare parts. Incorrect lead times.

Data 52

Data Raw materials Procurement Suppliers 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. Key features include supply chain mapping, risk dashboards, mitigation workflows, and regulatory reporting.

Real-time Visibility 52

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

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. It has become an essential tool for companies in today’s digital world to save time and reduce costs.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

Jaggaer

JANUARY 11, 2019

As we start 2019, it’s critical to understand how current events, changes in governmental policy and the general economic climate may affect the global procurement market and supply chain. With slowing growth, the procurement market may see many organizations decrease spending budgets and change focus to cost-saving measures.

Procurement 45

Procurement supply chain software solutions Agile and Lean Supply Chain supply chain budgeting 45