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. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 62

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

Supply Chain Visibility 98

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

Let's Talk Supply Chain

MARCH 2, 2025

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

Supplier relationship management 52

Supplier relationship management Data Suppliers Management 52

ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. Learn more at www.ivalua.com. Media Contact. Michael Gallo.

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Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Jaggaer

FEBRUARY 5, 2025

A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance. Organizations leveraging digital solutions for S2P gain real-time insights into spending patterns, enabling smarter decision-making. Digital transformation further enhances these benefits by improving visibility and automation.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Let's Talk Supply Chain

FEBRUARY 24, 2025

Through the strategic implementation of AI solutions, companies can unlock a myriad of benefits, including predictive analytics for demand forecasting, automated inventory management to minimize stockouts, and real-time monitoring for enhanced visibility across the entire supply chain.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain resilience 52

SCMDOJO

MAY 23, 2025

This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. In this environment, business leaders need clear, data-based insights to make real-time decisions. Not sure where your supply chain stands?

Leadership 54

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

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Lets dive into these critical issues and explore actionable strategies that help CPOs navigate the path forward.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

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

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. Why is supply chain resiliency important?

Supply chain resilience 52

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

SCMDOJO

APRIL 11, 2025

An adaptable supply chain can quickly adjust to changes in demand, supply, or other external conditions. In this blog post, well explore the importance of robust supply chains, the key risks they face during economic downturns, and practical strategies. Why Recession-Proof Your Supply Chain Now?

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 60

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Let's Talk Supply Chain

MAY 2, 2025

In response to growing uncertainty, companies are increasingly turning to digital tools and smart financial strategies to navigate the turbulence. This transformation marks more than a temporary adjustmentit’s a paradigm shift in supply chain thinking, where agility, sustainability, and real-time visibility are becoming top priorities.

Agile and Lean Supply Chain 52

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

TYA Suite

NOVEMBER 15, 2024

If a supplier is struggling with cash flow or facing bankruptcy, it may not be able to fulfill orders on time or maintain the quality of its products. Based on the risk assessment and supplier evaluations, businesses develop specific strategies to mitigate identified risks.

Risk management 40

Risk management Risk Suppliers Strategy 40

Procurement Insights

JANUARY 3, 2025

Minimal Strategic Involvement : Procurement was often siloed, with limited involvement in broader corporate strategies. Digital Transformation Matures : Advanced technologies such as AI , machine learning , and automation enabled procurement to provide predictive insights , scenario planning , and real-time decision-making.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

JUNE 30, 2023

The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Supply expenses escalate due to over-ordering, waste and emergency orders. Supply expenses escalate due to over-ordering, waste and emergency orders.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Real-time Visibility 77

Jaggaer

OCTOBER 24, 2024

The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs. Supply chain collaboration: a broader perspective Supply chain collaboration goes beyond linear relationships within a traditional supply chain.

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Collaboration Innovation Suppliers supply chain budgeting 52

Procurement Tactics

DECEMBER 21, 2022

Additionally, we will show you the steps and give you examples of a successful supply chain collaboration. . After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Defining Supply Chain Collaboration. Horizontal Collaboration

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Let's Talk Supply Chain

MARCH 3, 2025

Furthermore, supply chain resilience continues to be a top priority for businesses, with an emphasis on diversifying sourcing locations and building agile, responsive supply networks. Until next time, keep on optimizing, innovating, and pushing the boundaries of what’s possible in the world of logistics.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Logistics supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience.

Agile and Lean Supply Chain 98

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

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 91

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 91

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

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. The interactive approach caters to learners who want to develop practical skills and gain real-world insights. This flexibility is ideal for busy professionals.

Procurement 54

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 54

Procurement Insights

APRIL 13, 2025

buyers, suppliers) interacting based on real-world commodity traits (e.g., It prioritizes centralized visibility and departmental empowerment over rigid ERP systems, achieving 23% savings in tests (e.g., cost efficiency, tariff resilience). Hansens model thrives on real-time resilience, as seen in its 23% savings ().

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization Data 52

Jaggaer

APRIL 9, 2025

Components of a Modern Supply Chain There are of course differences between sectors, but taking the automotive industry as an example, a modern supply chain typically consists of the following seven elements. This ensures just-in-time (JIT) or just-in-sequence (JIS) delivery to reduce inventory costs.

Agile and Lean Supply Chain 52

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

Procurement Insights

APRIL 18, 2025

Based on the input from the 1998 Agent-based RAM platform, which featured self-learning algorithms within a nascent AI framework, confirmed prior research indicated that Indirect Material MRO products were prone to much greater volatility over time than Direct Materials.

Price 75

Price Demand Supply chain Real-time Visibility 75

IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. Visibility into other key inventory (e.g.,

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Finale Inventory

AUGUST 15, 2024

Inventory shrinkage can pose significant challenges for ecommerce businesses. It refers to the loss of inventory between the time it is received and the time it is sold. Understanding the causes of inventory shrinkage is vital for implementing strategies to minimize it and enhance profitability.

Inventory 52

Inventory Strategy Real-time Visibility Inventory control 52

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? We’re looking for cost mitigation strategies and new ways to deliver value,” she said. “To

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

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Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Supply Chain Trend

AUGUST 13, 2020

The budget, or annual operating plan, is normally the first year of the strategy. Integrated Business Planning serves to align enterprise wide plans with the organization’s strategy. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy. Automation versus Augmentation.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

SCMDOJO

JUNE 6, 2023

Data analytics plays a central role in inventory optimization. It provides real-time visibility into stock levels, lead times, and demand patterns. Businesses can make precise forecast demand, identify obsolete inventory, and can use data analytics to make smart decisions about stock allocation and replenishment.

Supply Chain Optimization 72

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

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

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

TYA Suite

MAY 3, 2025

Another feature to prioritize is real-time data analytics and reporting. This level of analysis helps organizations make informed decisions quickly, cutting down on time-consuming vendor meetings and negotiations. Automation cuts down on errors and gives your team more time to focus on what really matters.

supply chain software solutions 40

supply chain software solutions Real-time Visibility Procurement Supply Chain Efficiency 40

Supply Chain Game Changer

NOVEMBER 2, 2022

You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains. That means managing employees, vendors, customers, and more on one platform.

Risk management 98

Risk management supply chain software solutions Risk Management 98

IBM Supply Chain Blog

SEPTEMBER 18, 2023

At the same time, complex and fragmented supply chains can introduce challenges like supply chain compliance and fraud mitigation. Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82