Procurement Tactics

DECEMBER 21, 2022

Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.

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Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

SCMDOJO

MARCH 8, 2024

Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries.

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency Inventory Strategy 79

Procurement Tactics

NOVEMBER 14, 2022

Retail Supply Chain — Everything You Should Know. Retail supply chains around the world are under intense pressure due to global disruptions. However, what is the retail supply chain? This article will discuss what a retail supply chain is. The Meaning of Retail Supply Chain.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 74

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 74

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Game Changer

MARCH 18, 2020

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Optimize Supply Chain article and permission to publish here provided by Roel Calatin at pointonerecruiting.com. Supply chains are what keep businesses alive in today’s modern age. Subscribe Here!

Supply Chain Optimization 100

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 100

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. But what exactly does it entail?

Supply Chain Optimization 52

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

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! What Is a Supply Chain? At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. What Is a Supplier?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! What Is a Supply Chain? At its most basic, a supply chain is a system consisting of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. What Is a Supplier?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

Procurement Tactics

DECEMBER 7, 2022

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

Spend Matters

APRIL 10, 2024

This Spend Matters Vendor Analysis gives an overview of Matchory, a solution built to simplify and accelerate the supplier discovery process. In times when nearshoring and ally-shoring are at the top of the agenda of many procurement professionals, supplier scouting is making a comeback as an essential capability.

Suppliers 81

Suppliers Supply Chain Efficiency Supply Chain Optimization Strategic sourcing 81

Procurement Tactics

NOVEMBER 8, 2022

Finance Hacks: — How to Reduce Supply Chain Costs. Supply chain management is a crucial aspect of operations from small businesses to multinational corporations. It focuses on optimizing processes from raw materials to the final products. Are you looking for ways to reduce supply chain costs?

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 182

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Use these eight tips to optimize your SMD for smoother processes, more accurate information and better business value. That’s significant.

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Supply Chain Optimization Data Suppliers Procurement 113

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

The globalized world relies on efficient and well-coordinated supply chains. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. It specifically focuses on the physical movement, storage, and coordination of goods and information within the supply chain.

Supply Chain Efficiency 52

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

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Onshoring suppliers is another recent reactionary trend.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

Procurement Insights

JANUARY 22, 2024

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. Are you optimizing your negotiations amidst all of the chaos? So, I put the following search term into Google, “optimizing your negotiations amidst all of the chaos?

Supply Chain Optimization 71

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 71

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

Supply Chain Game Changer

SEPTEMBER 7, 2022

Subscribe to Supply Chain Game Changer. The Disintermediation of the Supply Chain! However, part of this is to manage and optimize material handling. In this article, we’ll outline tips for optimizing material handling throughout the supply chain. Subscribe Here! Email Address.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency Supply chain Raw materials 89

SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. And one of the most promising innovations in recent years is ChatGPT for supply chain. If you are not familiar with ChatGPT, don’t worry!

Supply Chain Optimization 126

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

Una

JANUARY 16, 2024

EPISODE 148 Optimization of Procurement in the Automotive Industry with Robert Čačković By Kelly Barner | January 17, 2024 Procurement professionals often talk about how they ‘fell’ into the field without a plan.

Supply Chain Optimization 80

Supply Chain Optimization Procurement Buyers Sourcing 80

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023. Follow us on LinkedIn and Twitter.

Contract 130

Contract Suppliers Supply Chain Efficiency Sourcing 130

Spend Matters

JANUARY 2, 2024

After the last few tumultuous years, procurement teams are still facing steep challenges in getting ahead of supplier and supply chain risks. Some organizations have opted to invest in new, more robust supplier and third-party risk management (TPRM) systems, while others are optimizing their existing systems.

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Risk Suppliers Raw materials Risk management 78

Let's Talk Supply Chain

JUNE 19, 2023

In today’s episode of Women in Supply Chain , I’m joined by Sharon Manker – award-winning supply chain, supplier diversity and inclusion strategist; author; board director; keynote speaker; and advocate. Sharon is a multi-talented supply chain and procurement professional, with over 20 years industry experience.

Supply Chain Optimization 98

Supply Chain Optimization supply chain software solutions Supply chain Supply 98

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Procurement Tactics

AUGUST 15, 2022

Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . For this article, we will show you steps on how to create a successful supply chain plan.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

Skill Dynamics

FEBRUARY 6, 2024

Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. Strategy development considers how best to communicate with the chosen suppliers around specific needs and solutions.

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Supplier relationship management Suppliers Supply Chain Efficiency Management 59

World of Procurement blog

APRIL 23, 2024

Imagine a world where supply chains are not just efficient, but prescient—anticipating needs, risks, and market shifts with uncanny precision. By simulating market scenarios and crafting customized procurement strategies, it dramatically refines decision-making and supplier selection.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Imagine a world where supply chains are not just efficient, but prescient—anticipating needs, risks, and market shifts with uncanny precision. By simulating market scenarios and crafting customized procurement strategies, it dramatically refines decision-making and supplier selection.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

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Risk Suppliers Management Supply Chain Efficiency 130