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Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Together, these procurement strategies are essential for robust, efficient business operations. Discover how Ivalua can transform your direct and indirect procurement.
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than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
This casestudy — How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal by Partnering with GEP — details how GEP’s strategic insights helped the company increase its resilience and optimize direct materials spend to drive year-over-year savings.
Dave will be speaking on his journey along with other supply chain leaders at the Supply Chain Insight sGlobal Summit in Scottsdale, Arizona on September 10th and 11th. These interviews of supply chain leaders will be collated into our fourth book on supply chain excellencewhich will publish at ourconference in September 2015.
Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. This blog explores the most common challenges in digital procurement and the capabilities that matter most.
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. CaseStudy #1: Asteelflash The types of companies that use ERP widely vary.
For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.
Summary of the Impact: A globally recognized fashion and lifestyle conglomerate deployed ThroughPuts AI-powered Supply Chain Decision Intelligence Platform to transform its holiday season planning. ThroughPut AI helped this fashion giant turn chaos into control – unlocking value from every corner of their value chain.
CaseStudies: Achieving Supply Chain Excellence Shamir Optical Industry Shamir Optical , a global leader in prescription lens manufacturing, implemented probabilistic forecasting to enhance service levels while reducing inventory investment. Advanced Supply Planning : Improves procurement and production scheduling decisions.
To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights. In this picture, Ernest is sharing his story by speaking at the recent Supply Chain Insights Global Summit. He is currently the vice president of global supply chain. He is a humble and quiet leader.
It employs 450 million people globally, and contributes $1.45 Image: iStock/JuSun June 18, 2025 Helen Atkinson, Managing Editor “The future is already here; it’s just not evenly distributed,” wrote William Gibson in his 1984 novel Neuromancer. That’s because supply chain itself is huge, Koganti argued. trillion to U.S.
Ask a procurement or transportation professional if they have a good demand signal and expect a laugh. Technology can automate role-based views up and down the river of demand for all roles: marketing, sales, finance, manufacturing, procurement, transportation, and human resources. As a result, demand variability grew.
CaseStudies: Achieving Advanced Supply Chain Planning Shamir Optical Industry Shamir Optical , a global leader in prescription lens manufacturing, implemented probabilistic forecasting to enhance service levels while reducing inventory investment.
The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. 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.
Streamlined Lead Times: Improved procurement efficiency potentially resulting in cost savings from optimized shipping arrangements and favorable supplier terms. CaseStudies: Realizing the Benefits of Inventory Optimization The following examples demonstrate the tangible advantages of reducing obsolete stock while enhancing service levels.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supply chains. Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains. Retailers are following suit.
What we do at Enchange Supply Chain & RtM Consultancy 💹 Deliver sales growth for our clients 🌏 Work globally, with our local experts 🎓 We are Route to Market & Supply Chain experts At Enchange our passion is helping companies improve their route to market and supply chain so they can sell more, at a higher margin and lower cost.
It’s easy to feel at ease when procurement systems operate as they should—robust and solid. Procurement teams now face a clear need: build bendable systems instead of unbreakable ones. Let’s look at how procurement ecosystems can become more prepared for anything that comes their way. That is, until something goes wrong.
The Covid-19 pandemic tested the global supply chain. I am currently working on a couple of casestudies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. It will not be over soon.
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. The trade war is now part of the “new normal,” and this has created a global ripple effect. Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains.
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It is an important field to many global businesses in terms of their operations since it touches tasks from procurement to logistics. You should study how emerging technologies, sustainability concerns, and global market shifts are reshaping supply chains.
I know that your primary focus is procurement. Regional companies outperform global brands in all but two industries in the market. Global companies with stable brands struggle to drive improvement, but ironically, we speak of best practices. ” Anna, this blog post is for you. Clear mission.) Go to the source.
Global Supply Chain Management Argentina: A New Opportunity in Latin America’s Industrial Sector Global Supply Chain Management U.S.-Swiss Swiss Trade Deal Likely to Contain Assurances on Pharma Levy Global Trade & Economics U.S. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S.
Canada Trade Talks Ahead of G-7 Global Trade & Economics The Top 8 EDI Myths - Debunked! Timely, incisive articles delivered directly to your inbox. Featured Product Popular Stories Starmer, Carney Reboot U.K.-Canada
Timely, incisive articles delivered directly to your inbox. Supply Chain Finance & Revenue Management Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
A CaseStudy. In 2011, Yannis Skoufalos became the Global Product Supply Officer at Procter & Gamble. Prior to Yannis, Keith Harrison was the Global Product Supply Officer for slightly more than ten years. In short, the individual metric will improve, but the performance on other metrics may suffer.
Such a model, based on prioritizing unit economies and production at scale, doesn’t prepare manufacturers and retailers for the waves of disruption that are washing over global supply chains today. What it doesn’t necessarily mean is simply transporting those Chinese mega-factories to another hemisphere.
LeMaster highlighted the variety of subcommittees within the council, including those focusing on digitalisation, ocean procurement, and air freight procurement, all working collaboratively to share best practices and spearhead change.
Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field. Dive in and discover the power within!
One country in a global marketplace may seem like a small risk, particularly for major brands, but in today’s volatile consumer goods environment, it’s not just a drop in the bucket. And if so, how should businesses respond in a fast-changing and unpredictable global market?
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As businesses become increasingly global, professionals in the supply chain field must keep up with new technologies, trends, and best practices. This learning platform covers every angle of supply chain management, from demand planning and inventory management to supplier relationship management, procurement, and logistics.
The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced casestudies and leadership projects.
Companies that outsource procurement and focus on transactional supplier management are less agile and struggle to be adaptable. This week, we will be hosting our sixth Supply Chain Insights Global Summit. There will be no videos, but we will be writing up the casestudies for our September newsletter.
Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Provide a consumer-like experience for procurement stakeholders.
The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY. Körber at a Glance…. Körber at a Glance….
The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.
CaseStudies. Supply Chain CaseStudy: Executives Guide. A CaseStudy. Unlocking Value of Global Supply Chain. Origin of Logistics & Supply Chain Revealed! What do we know about "Logistics" and "Supply Chain" to date? 1) Current State. Many of them are parts of modern management concept.
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