Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Omid Ghamami. Trillion budget. . Sheldon Mydat.

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Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

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

Spend Matters

JULY 25, 2022

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

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Spend management Supply Chain Optimization Supply chain management Supply chain management 98

Supply Chain Game Changer

JUNE 10, 2021

Subscribe to Supply Chain Game Changer. The Disintermediation of the Supply Chain! Integrated Supply Chain Management article and permission to publish here provided by Tyrone Fisher. Most businesses are aware how important a supply chain is to operations. GET our EBOOK HERE.

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Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 76

Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. Procurement Insights: Broad trends and ethical sourcing guidance for global supply chain management.

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Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Spend Matters

JULY 25, 2022

Categories: Solution Providers , Spend Management , Supply Management , Technology Tags: Coupa Inspire , EU , supply We are witnessing a pivotal change in the market for some of the big source-to-pay (S2P) suite players (like Coupa, SAP and their peers) as they move toward a broader platform and ecosystem approach.

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Supply Chain Optimization Spend management Management Supply 98

Arkestro

DECEMBER 3, 2024

SAN FRANCISCO, CA, December 3, 2024 – Arkestro is excited to announce its partnership with the Infor Marketplace , a powerful collaboration designed to enable AI-driven procurement, sourcing, purchasing, and supply chain management transformation for enterprise manufacturing teams worldwide.

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Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

Spend Matters

MARCH 16, 2023

An S2P suite automates spend/supply management processes primarily in procurement, accounts payable and inbound supply chain management, but also other areas within Legal (e.g., contract management), Finance (e.g, working capital management, treasury and FP&A), R&D (e.g.,

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Supply Chain Optimization Sourcing supply chain software solutions Procurement strategies 97

Spend Matters

FEBRUARY 13, 2025

This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. The historical approach focused on reacting to operational elements, like a plant being short of potatoes, instead of demand driven supply management processes.

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Influencing Procurement supply chain budgeting e2e 104

Jaggaer

APRIL 24, 2025

I recently hosted a webinar in which our star speaker was Lora Cecere, Founder at Supply Chain Insight. Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. As late as the 1990s, supply chains were very local.

Demand 52

Demand Logistics Real-time Visibility Supply Chain Optimization 52

Jaggaer

OCTOBER 24, 2024

SRM is a systematic approach to evaluating vendors that supply your organization with goods, materials, and services, then implementing strategies to develop those suppliers and improve their performance. The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain.

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Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Skill Dynamics

JUNE 26, 2024

We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive. The global supply chain management market size is projected to hit around USD 72.1 billion by 2032.

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

Supply Chain Trend

MARCH 20, 2024

In the fast-paced world of supply chain management, the ability to make timely and informed decisions can spell the difference between success and failure. As we embrace the transformative potential of decision intelligence, we pave the way for a future where supply chains operate with unprecedented agility and precision.

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

Procurement Templates

JUNE 18, 2023

Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success. Attend workshops, seminars, and conferences related to procurement and supply chain management.

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Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

Supply Chain Brain

SEPTEMBER 24, 2020

Hear why brands like PVH apparel are employing a new approach to supply chain orchestration and execution, and how automation and visibility is helping improve customer service and performance.

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Supply Chain Optimization Supply management Management Supply 49

NLPA (Next Level Purchasing Association)

JULY 30, 2024

When Mother Nature almost always manages to present disruption of human plans for centuries, can supply chains be an exception? The devastating impact of bad weather on supply chains is a recurring challenge. This highlights the vulnerability of supply chains to even seemingly localized weather events.

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Supply Chain Optimization Supply chain Supply Contract 52

Procurement Insights

MAY 11, 2025

In other words, your organization gains control of its spend environment by relinquishing centralized functional control in favor of operational efficiencies originating on the front lines. This is the cornerstone of agent-based modeling.

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Procurement Supply Chain Efficiency Supply Chain Optimization Sustainability 52

SCMDOJO

FEBRUARY 5, 2025

Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO. Here’s a breakdown: Diploma in Procurement and Supply: This level requires you to complete 5 units. However, which one is the best fit for you?

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

Spend Matters

FEBRUARY 22, 2023

LevaData is an Al-powered supply management platform that enables customers to improve the way they launch new products and manage existing ones by allowing them to optimize for cost and risk. More precisely, LevaData focuses on Design-for-Supply (DFS). Even now, supply chains are far from being back to “normal.”

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Sourcing Supply Chain Optimization Procurement strategies Supply chain 98

World of Procurement blog

JANUARY 27, 2021

When I graduated college with my shiny new Supply Chain Management degree, I figured I was heading into my first job to work on supplier contract negotiations, optimizing production line output, and all of the other 'sexy' supply chain management strategy we had spent two years learning about.

Agile and Lean Supply Chain 52

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

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply. Coronavirus will lead to permanent changes in global supply chains.”.

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

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.

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Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Finale Inventory

AUGUST 8, 2024

In urgent care facilities, having a well-organized and efficient supply system is vital for providing quality care. An urgent care supply checklist can help healthcare providers manage their inventory effectively and ensure that all necessary items are readily available. When it comes to urgent care, every second counts.

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Supply Chain Efficiency Supply Inventory Supply Chain Optimization 52

The Good Spending

JANUARY 4, 2023

Category strategy will elaborate on logistical and supply management aspects, i.e., inventory planning and supply chain configuration. By the way, procurement savings on direct categories generate cash flow optimization only, while indirect savings improve the P&L.

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Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

SCMDOJO

APRIL 22, 2022

The primary responsibility is to control and optimize the flow of products. For their part, the Logistics Manager is responsible for: This department handles raw material deliveries. Coordinates with the management team. Supply management. The layout of the supply chain Resume.

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Logistics Raw materials Supply Chain Efficiency Supply Chain Optimization 137

Procurement Tactics

JULY 17, 2022

For example: “The employees in the organization have obtained the supplies they ordered yesterday.”. Procurement is responsible for both optimizing the costs and reporting the savings achieved. . According to a report made by ASCM.org, 81% of supply chain professionals are satisfied with the quality of the benefits they received.

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Procurement Negotiation Purchasing Supply Chain Optimization 130

Supply Chain Game Changer

NOVEMBER 13, 2018

A typical Purchasing Function is limited to the transactional job of collecting information about the requirements of user departments and carrying out commercial checks and balances to finally procure the product & service based on c ost reduction only and focused on supply continuity. Deliver significant earnings to bottom line.

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Strategic sourcing Strategic sourcing Procurement supply chain budgeting 86

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

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Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

World of Procurement blog

APRIL 24, 2024

In the dynamic and ever-evolving world of procurement and supply chain management, staying at the forefront of professional development is not just advantageous – it’s imperative. This credential is a testament to one's expertise in finance, supplier relationship management, and organizational global strategy.

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Procurement Supply chain management Supply chain management Supply Chain Optimization 52

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software.

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Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

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supply chain budgeting Management Supply Chain Optimization Procurement 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

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Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

Una

JULY 3, 2023

The hard-won skills that you’ve developed over the course of your procurement or supply management career will always be relevant, no matter how high you climb. They provide guidance on optimizing the sourcing process, enhancing supplier relationships, and leveraging procurement as a strategic function that adds value to the business.

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Leadership Procurement Ethics Supply Chain Optimization 52

Una

JULY 25, 2023

Doing so reveals the topics that our community of procurement and supply managers are most interested in, from the latest trends to perennial topics that will never go out of date. Procurement and Supply Chain: What’s the Difference? Where does procurement end and supply chain management start?

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Strategic sourcing Strategic sourcing Procurement Category management 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

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Procurement Insights

AUGUST 13, 2024

TealBook – In summary, Tealbook can be a valuable tool for organizations during a rail strike by providing them with the data, insights, and supplier intelligence needed to maintain supply chain continuity, reduce risks, and make informed, strategic decisions. Here’s how the strike could impact LCBO: 1.

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Supply Chain Optimization Supply Chain Efficiency Supply chain Suppliers 40

Arkestro

MAY 9, 2023

Simply put, organizations still aren’t harnessing the power of technology to its full effect — and they’re missing out on countless opportunities to optimize spending, decision-making, sourcing, and results. Yet there’s a disconnect between this belief and the actual behavior of most CPOs.

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supply chain budgeting Procurement Supply Chain Optimization Procurement team 52