Procurement Tactics

APRIL 6, 2023

In this article, we will discuss what a sustainable supply chain is. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. However, how do you do it?

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

SCMDOJO

OCTOBER 30, 2024

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

Supply Chain Efficiency 244

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 244

Spend Matters

NOVEMBER 13, 2024

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. Recent events have illustrated how interconnected and fragile supply chains can be.

Risk 116

Risk Suppliers Risk management Agile and Lean Supply Chain 116

SCMDOJO

OCTOBER 23, 2024

As businesses become increasingly global, professionals in the supply chain field must keep up with new technologies, trends, and best practices. Summary Table edX Supply Chain Courses vs. SCMDOJO Aspect SCMDOJO edX Focus & Specialization A dedicated platform focused entirely on supply chain management.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 90

SCMDOJO

FEBRUARY 15, 2025

Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them.

Project management 87

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 87

Procurement Templates

NOVEMBER 21, 2024

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Conduct Supplier Assessments: Regularly evaluate supplier performance using scorecards focused on quality, delivery, and cost. SAP, Oracle) Procurement software (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

supply chain budgeting 192

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

All Things Supply Chain

FEBRUARY 14, 2022

Developed by Toyota in the early 1970s and popularized by Dell in the 1990s, the just-in-time (JIT) supply chain methodology is used by many manufacturers across the world. The principle…

Supply Chain Optimization 296

Supply Chain Optimization Supply chain Supply Inventory 296

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.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies.

Procurement 130

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 130

ivalua

MAY 10, 2025

Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. It should also strengthen supply chain collaboration across global supply chains, multi-tier supplier networks, and high-value contracts.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Procurement 130

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 246

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. This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception.

Supply Chain Efficiency 62

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

SCMDOJO

JANUARY 22, 2025

Want to optimize your supply chain metrics and drive significant improvements? Understanding and tracking key supply chain metrics is essential. This guide will equip you with the knowledge you need to make data-driven decisions, achieve your business goals, and boost your supply chain metrics.

Supply Chain Optimization 85

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 85

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

Spend Matters

DECEMBER 16, 2024

Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle. In part 3 we look at the tech that can support Procurement in tariff management.

Agile and Lean Supply Chain 111

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 111

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 111

Supply Chain Optimization Management Supply Chain Efficiency Supply chain resilience 111

SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

Agile and Lean Supply Chain 60

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

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

Skill Dynamics

JANUARY 9, 2025

Strong supply chain capabilities drive efficiency and develop competitiveness in an oversaturated market. Global disruptions such as COVID-19 have unearthed a wide range of vulnerabilities within international supply chains. To develop these relationships, regular communication is key.

supply chain budgeting 52

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

SCMDOJO

OCTOBER 28, 2024

Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. By understanding the S&OP process, procurement teams can make more informed decisions, improve supplier relationships, and support overall business growth.

Procurement 96

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 96

ivalua

JUNE 5, 2025

Understanding these differences is essential for businesses that want to optimize operational efficiency and safeguard against costly errors. Distinguishing the two helps enterprises optimize spend and strengthen supplier relationships. It begins once a supplier has been selected and pricing has been agreed upon.

Purchasing 130

Purchasing Risk Procurement Supply Chain Efficiency 130

Jaggaer

OCTOBER 24, 2024

Essential Guide to Supplier Collaboration Supplier collaboration is redefining success across industries. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Supply Chain Optimization 52

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?

supply chain budgeting 182

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

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 software solutions Supply Chain Optimization Supply chain 181

Spend Matters

MAY 6, 2025

In the Executive Summary to this use case series on aligning finance and procurement for cash flow optimization and liquidity we examined five phases that help organizations break down silos, align priorities and build the operational and technological capabilities needed to manage cash more effectively.

Supply Chain Optimization 77

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 77

Spend Matters

NOVEMBER 19, 2024

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. And we must remember that one cannot escape supply chain risks.

Risk 112

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 112

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Build strong supplier partnerships for long-term stability. Optimize costs without compromising supply chain continuity.

Supply Chain Optimization 54

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

SCMDOJO

APRIL 11, 2025

With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supply chain career through the SCMDOJO Supply Chain Learning Track Certification!

Supply Chain Efficiency 76

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 76

Let's Talk Supply Chain

FEBRUARY 20, 2025

As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supply chain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty.

Agile and Lean Supply Chain 52

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

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

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

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. It will also help you develop a strong foundation in procurement best practices and enhance your ability to optimize costs and build strong supplier relationships. Here are 10 of their top-rated courses: 1.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

SCMDOJO

MAY 23, 2025

In an age where supply chains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. Take the example of inventory optimization.

Leadership 54

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

Procurement Insights

JUNE 7, 2025

Hansen’s early concepts—especially his 1998 frameworks involving agent-based modeling , the Metaprise , time-zone polling , and advanced self-learning algorithms —share fundamental DNA with the adaptive, decentralized, and data-rich supply chain models later refined and scaled by Jeff Bezos at Amazon. suppliers, UPS) agents.

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52

ivalua

MAY 21, 2025

Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. They increase an organization’s efficiency during processes like sourcing, purchasing, supplier management, and spend analysis.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain e2e 130