SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. By the end of this article, you’ll be equipped with the knowledge to seamlessly integrate procurement synonyms into your professional toolkit, ensuring that you convey your messages with precision and clarity.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. These risks may include supply chain disruptions and quality issues.

Supplier negotiation 88

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

Planergy

OCTOBER 18, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Partnering with a travel management company (TMC) can help you access travel experts to make the most of your program. What's Planergy?

Risk 52

Risk Real-time Visibility Negotiation Management 52

Una

JANUARY 17, 2023

Spare a thought for supply chain managers during the Age of Sail. Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. But that is not the only area where technology is rapidly evolving. Supply chain technology.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. In this detailed guide, you’ll delve into the most effective ways to manage spare parts. In this detailed guide, you’ll delve into the most effective ways to manage spare parts.

Supply Chain Efficiency 63

Supply Chain Efficiency Inventory control Management supply chain budgeting 63

Una

NOVEMBER 7, 2022

Procurement can act as the gatekeeper of supplier innovation and the vital connection between all the parties involved in the purchase decision. Think beyond cost when considering IT suppliers. IT Innovation and Procurement as the Driving Force. By Hugo Britt | November 8, 2022. Whose job is it to drive IT innovation?

Innovation 93

Innovation Procurement Suppliers Purchasing 93

Empowering CPO

JULY 17, 2023

Introduction to Managed Procurement Services In recognition of procurement’s strategic role, many businesses are turning to Managed Procurement Services (MPS). From supplier relationship management to purchasing and payment processing, MPS providers cover a wide spectrum of procurement-related activities.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

ivalua

NOVEMBER 8, 2019

Arnaud Malardé, Senior Product Marketing Manager, Ivalua. This article focuses on outsourcing, which offers more flexible solutions, has been on the rise to supply enterprises with external talents, leading to how procurement can help challenge the traditional strategy in order to maximize the chances of pairing the right talent with a need.

Procurement 100

Procurement Strategy Suppliers Management 100

Claritum

JULY 13, 2020

There is an ever-increasing emphasis on the need to mitigate risk associated with non-employee workforces. The unpredictable economic environment requiring organisations to readily increase or decrease resources. Procuring and managing costs associated with these resources is typically handled in a very manual fashion.

Risk 32

Risk Procurement Contract Import 32

Supply Chain Game Changer

FEBRUARY 27, 2019

Article originally published by, and permission to publish here provided by, Katherine Barrios at xeneta.com. Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time. Risks exist in land, air and ocean freight.

Risk 57

Risk supply chain software solutions Supply Chain Efficiency Supply chain 57

Supply Chain Game Changer

MARCH 6, 2019

Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Subscribe to Supply Chain Game Changer.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

HICX

SEPTEMBER 11, 2023

Table of Contents What is supplier risk management? What are the benefits of supplier risk management? What is supplier risk management? It should be considered an essential part of an organization’s wider risk management strategy.

Risk management 52

Risk management Risk Suppliers Management 52

Procurement Tactics

JULY 14, 2022

For this article, we will discuss what a procurement service provider is. After you finish this article, you will have a deeper understanding of what a procurement service provider is. These include strategic planning, supplier collaboration, implementing best practices , strategic sourcing , and negotiation. . ENROLL NOW.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

Empowering CPO

JUNE 25, 2023

Introduction In the world of procurement and supply chain management, the quest for efficiency and cost savings has led organizations to embrace several strategies. From routine maintenance to unforeseen repairs, and the overhaul of major systems, these activities can consume a significant portion of a company’s resources.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Contract Purchase orders 52

Procurement Software

MARCH 5, 2024

There are so many, in fact, that we expanded our article to include 25 of them. What started out as a top 10 article quickly became obvious that we needed to cover more! It directs incoming requisitions and queries to the appropriate resources based on specific metrics. US procurement startups are killing it.

Real-time Visibility 52

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

Una

OCTOBER 11, 2022

Amplify Your Business Spend Management Strategies with a GPO. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers. Technology.

Spend management 97

Spend management Management Real-time Visibility Purchasing 97

Una

MARCH 6, 2023

Procurement process automation can involve anything from automated supplier discovery, risk monitoring, payment processing, spend analytics , and contract approval. Procurement process automation can involve anything from automated supplier discovery, risk monitoring, payment processing, spend analytics , and contract approval.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

Una

AUGUST 30, 2022

A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). As Deloitte points out, this shifts the whole approach of SRM from damage control to proactive risk mitigation.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Procurement Software

MARCH 11, 2022

And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. It’s shockingly few. Saving just 2.5%

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

MARCH 11, 2022

And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. It’s shockingly few. Saving just 2.5%

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Una

OCTOBER 25, 2022

In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. Once the relevant information has been collected, you’ll be able to prioritize how best to direct your resources and time. Consolidate your supplier lists. There are several benefits associated with supplier consolidation.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Procurement Software

JANUARY 23, 2024

In this article, we’ve tried to focus on startups primarily serving customers in the DACH region (Germany, Austria and Switzerland). In this article, we’ve tried to focus on startups primarily serving customers in the DACH region (Germany, Austria and Switzerland). Berlin is one of Europe’s key tech hubs.

Procurement 52

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

Supply Chain Game Changer

AUGUST 12, 2021

Digital innovation in the wake of Covid article and permission to publish here provided by Ajay Jha. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! The pandemic has caused significant damage to several companies around the world. However, some of them have seized growth opportunities.

Innovation 98

Innovation supply chain software solutions Supply chain Raw materials 98

The Good Spending

FEBRUARY 16, 2023

This fantastic article, “ From products to services and back again ,” went miles beyond my observations and studied two important trends – servitization and objectification. In simple terms, the service-dominant logic assumes the focus shift from the exchange of goods to the exchange of intangible resources.

Sourcing 52

Sourcing Strategy Buyers Purchasing 52

Procurement Software

JULY 4, 2023

But, by eliminating a lot of tactical workload, it can free up valuable resources to concentrate on what moves the needle. It can help organisations reduce costs, optimise supplier relationships and increase compliance. Digital procurement tools offer buying teams a once-in-a-generation opportunity. Let’s explore how.

Supply Chain Efficiency 52

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

HICX

MAY 26, 2023

Why should we be thinking about supplier marketing? How to put supplier marketing into practice What are the benefits of supplier marketing? What is supplier marketing? Why should we think about supplier marketing? The strategic importance of suppliers cannot be overstated.

Suppliers 52

Suppliers Procurement Buyers Influencing 52

Supply Chain Game Changer

JANUARY 12, 2021

Very early on in my career an associate of mine was fired because he was found to be taking kickbacks from packaging suppliers to whom he had been preferentially and inappropriately been giving business. One of our most popular articles is Freight Forwarding scams. Subscribe to Supply Chain Game Changer. Infographic). Fraud Triangle.

Supply chain 57

Supply chain Real-time Visibility Supply Inventory 57

Claritum

MARCH 29, 2019

Claritum Article - Procurement Blog. This article questions whether the answer to automation is to support a wealth of feature “widgets” or whether automation should focus on the core business processes and ensure that simplicity is the primary goal. Introduction. Crazy World of Procurement. Automation in this Crazy World.

Eprocurement 40

Eprocurement Procurement Supply Chain Efficiency supply chain software solutions 40