SCMDOJO

APRIL 29, 2024

Key Components of Supply Chain Management To understand supply chain management better, let’s dive into its key components. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 54

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 54

Una

OCTOBER 9, 2023

Strategic sourcing has become a pivotal approach to procurement, offering a pathway to significant cost savings , enhanced supplier relationships, and optimized sourcing practices. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers. Let’s get started.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

AUGUST 9, 2023

How to Accelerate Savings in Procurement Without Cutting Corners Strategies showing how to accelerate savings in procurement without compromising product quality, integrity, or effectiveness. This article delves into strategies for accelerating speed to savings in procurement without compromising on quality, integrity, and effectiveness.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

SCMDOJO

OCTOBER 14, 2023

For a better understanding, let’s explore some basic concepts. Supply chain can’t be limited to only the physical products; it is also related to services, although there may be a slight change in steps. Integration of supply chains is widely helpful in lowering costs and increasing quality.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Empowering CPO

JUNE 26, 2023

This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities. Introduction A. In healthcare, where budgets are tight and patient care is the top priority, effective spend analysis holds tremendous value.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Pipefy

JULY 12, 2023

This guide shows how to measure process maturity and use these models to control business processes and ensure better teamwork, process efficiency , and experiences. This guide shows how to measure process maturity and use these models to control business processes and ensure better teamwork, process efficiency , and experiences.

Quality 52

Quality Management Quality management Suppliers 52

Una

MARCH 6, 2024

By bringing in experts for certain tasks, companies can crank up their productivity and get things done more quickly, leading to better overall performance. Download Full Guide Introduction Everyone outsources. Outsourcing is something we all do in our daily lives, often without even realizing it.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Supply Chain Game Changer

AUGUST 21, 2020

A Tale of Two Companies: Different Quality Management Beliefs! Quality Management article and permission to publish here provided by HQTS Group at hqts.com. A customer doesn’t necessarily have to buy your product. Pre-production inspections can be a good place to start with your quality control strategy. Email Address.

Quality management 57

Quality management Quality Management supply chain budgeting 57

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions. And we sometimes already do.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Empowering CPO

MAY 11, 2023

Definition and Concept Sustainable procurement is a procurement method that integrates environmental and social considerations into decisions alongside the traditional parameters of cost, quality, and delivery. Introduction A. This encompasses energy consumption, greenhouse gas emissions, waste generation, and biodiversity conservation.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Pipefy

MAY 23, 2023

Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Software

MAY 30, 2023

This manifests itself in terms of the influence they have, and the relative stature each has within most organisations. Across any category of indirect spend, with the exception perhaps of energy and utilities, there is a long tail of non-strategic, tail spend suppliers. Procurement continues to grow in stature.

Procurement 52

Procurement Procurement team Purchase orders Contract 52

SupplyShift

JUNE 4, 2021

Traditionally, companies have fought for the highest market share, top ratings, and product innovation dominance without much regard for the social or environmental consequences. Shared information and action can help us step into an era where sustainable business is synonymous with business as usual. The Collaborative Corporates.

Collaboration 52

Collaboration Sustainability Supply Chain Efficiency Supply chain 52

SupplyShift

JANUARY 25, 2022

As companies act upon their commitments, they realize the critical role suppliers play in shaping their sustainability story. This, for many, raises the question: How do I engage my suppliers to improve? Of course, it’s unrealistic to expect all suppliers to meet your sustainability standards immediately.

Sustainability 52

Sustainability Supply Chain Efficiency Suppliers Supply chain 52

SupplyShift

JANUARY 25, 2022

As companies act upon their commitments, they realize the critical role suppliers play in shaping their sustainability story. This, for many, raises the question: How do I engage my suppliers to improve? Of course, it’s unrealistic to expect all suppliers to meet your sustainability standards immediately. A Reminder.

Sustainability 52

Sustainability Supply Chain Efficiency Suppliers Supply chain 52

IBM Supply Chain Blog

MARCH 16, 2023

It is no wonder that fashion brands have jumped at the opportunity to offer sustainable options to these eco-conscious shoppers. These kinds of rules would have a far-reaching impact for clothes manufactured worldwide, as nearly 75% of apparel worn in Europe is imported.

Supply Chain Efficiency 57

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 57

SCMDOJO

DECEMBER 18, 2023

From making sure you have the right amount in stock to setting up programs to prevent issues to saving on costs , here are practical tips to help you make your spare parts management process smoother. By having the correct parts on hand, you can avoid costly downtimes and disruptions, ultimately reducing operational costs.

Supply Chain Efficiency 63

Supply Chain Efficiency Inventory control Management supply chain budgeting 63

Arkestro

AUGUST 15, 2022

With growing pressure on businesses worldwide, developing an effective ESG strategy for your organization ensures that all transactions with suppliers are conducted in a way that aligns with these principles. We’ve outlined 4 foolproof steps you can take to start and grow an effective ESG strategy. Why do I Need an ESG Strategy ASAP?

Strategy 52

Strategy Real-time Visibility Supply Chain Efficiency Suppliers 52

Pipefy

DECEMBER 6, 2023

In both our professional and personal lives, we all have methods we use to get tasks done. Visibility Each step in a workflow should be visible. When workers don’t get the training they need to perform a task, the resulting workflow inefficiencies can have serious real-world consequences.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

Planergy

JULY 5, 2022

As we become more aware of climate change and how it can affect the supply chain, environmental, social, and corporate governance, better known as ESG practices are now more important than ever. Cristian Maradiaga. King Ocean. Book a Live Demo. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Sustainability 52

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

Empowering CPO

JUNE 27, 2023

By analyzing and understanding how an organization spends its resources, businesses can identify cost-saving opportunities, enhance supplier relationships, and drive overall efficiency. One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis.

Real-time Visibility 40

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

SupplyShift

NOVEMBER 4, 2020

With better transparency, you’ll be better positioned to deal with disruptions from the next force majeure event. You’ll also be equipped to engage your suppliers across a range of social, environmental, and business continuity risks, which will provide a lot of additional value to your business.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

SupplyShift

NOVEMBER 4, 2020

With better transparency, you’ll be better positioned to deal with disruptions from the next force majeure event. You’ll also be equipped to engage your suppliers across a range of social, environmental, and business continuity risks, which will provide a lot of additional value to your business. .

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

Supply Chain Game Changer

MARCH 23, 2021

Given the importance of Supply Chain it is important to have a better understanding of all of the work that is performed. It is easy for an Executive to issue high level orders to add new suppliers for instance, but the number of processes and the amount of effort required to make that seemingly simple request happen can be enormous.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Real-time Visibility Supply 64

Empowering CPO

JUNE 23, 2023

These complexities have led to an emerging trend in the business world – outsourcing spend analysis. Spend analysis is not a singular activity, but rather a multi-step process composed of four primary components: data collection, cleansing, classification, and analysis. This is where the concept of spend analysis comes in.

Data 52

Data Procurement Purchase orders Suppliers 52

Empowering CPO

JUNE 27, 2023

By examining spending patterns across various categories, such as suppliers, departments, and geographies, businesses can uncover hidden opportunities for cost savings, mitigate risks, and enhance their overall procurement efficiency. One crucial aspect of procurement is gaining insights into spending patterns and optimizing expenditures.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

SupplyShift

JUNE 4, 2021

Traditionally, companies have fought for the highest market share, top ratings, and product innovation dominance without much regard for the social or environmental consequences. Shared information and action can help us step into an era where sustainable business is synonymous with business as usual.

Collaboration 40

Collaboration Sustainability Supply Chain Efficiency Supply chain 40

Supply Chain Game Changer

JULY 3, 2019

It’s nice to dream about a sustainable future, a more climate-smart future, a more socially responsible future, a more conscious future; conscious of the past that has put our world in the position it is in today, and conscious of the steps necessary to systematically right our wrongs. Email Address. Subscribe to Supply Chain Game Changer.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Procurement Software

MARCH 11, 2022

Supplier innovation. Legal, HR and Sales typically have admin assistants and junior members of staff for all of this clerical work. Are processes bloated because they have been added to over time? Reductions in energy or material consumption. Sustainability initiatives within the supply chain. Third party risk management.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Supply Chain Game Changer

FEBRUARY 16, 2020

How To Differentiate With A Supplier Relationship Management (SRM) Program! My girlfriend and I have a dog, named Charlie. But, all in all, my girlfriend and I (mainly her) have done a pretty solid job raising him. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. We were well prepared.

Procurement 54

Procurement Supplier relationship management Suppliers Supply Chain Efficiency 54

Supply Chain Game Changer

MARCH 12, 2020

First of al it is important to articulate that there are many, many different functions within the Supply Chain. Planning, Scheduling, Sourcing, Costing and Pricing, Commodity/Category Management, Buying, Logistics Management, Inventory Management, Quality Management and many other functions are all a part of the Supply Chain.

Negotiation 53

Negotiation Supply chain Influencing Suppliers 53

Procurement Software

MARCH 11, 2022

Supplier innovation. Legal, HR and Sales typically have admin assistants and junior members of staff for all of this clerical work. Are processes bloated because they have been added to over time? Reductions in energy or material consumption. Sustainability initiatives within the supply chain. Third party risk management.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Supply Chain Game Changer

NOVEMBER 26, 2018

My girlfriend and I have a dog, named Charlie. But, all in all, my girlfriend and I (mainly her) have done a pretty solid job raising him. Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management.

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Supply Chain Game Changer

NOVEMBER 19, 2018

Planning, Scheduling, Sourcing, Costing and Pricing, Commodity/Category Management, Buying, Logistics Management, Inventory Management, Quality Management and many other functions are all a part of the Supply Chain. Geographic diversity very often requires that you have employees in countries all around the world.

Negotiation 44

Negotiation Supply chain Influencing Suppliers 44

Procurement Zen

JANUARY 5, 2020

Some negotiations books are more basic with terms you might have heard of, some are more advanced. Some negotiations books are more basic with terms you might have heard of, some are more advanced. How I have applied at least one of the techniques from the negotiations book in a real life negotiation. Quick Navigation.

Negotiation 52

Negotiation Influencing Price Suppliers 52

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Subscribe Here! Email Address.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Improved data accuracy: Digital systems reduce the risk of human errors, ensuring accurate data for better decision-making.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52