SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind. The heat is on.

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 279

SCMDOJO

APRIL 11, 2023

Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience. In this article, we’ll take a closer look at the top 10 supply chain management courses that can take your career to the next level. Ratings of each course will also be included.

Supply Chain Design Software 116

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 116

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.

Pricing Training 72

Pricing Training Negotiating Skills Optimal Sourcing Purchasing Skills 72

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Inventory is often focused on as a singular metric, not as part of a complex supply chain system. Procurement. Procurement programs are implemented as standalone processes.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 255

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Over the course of a year, we analyzed a decade of financial data to gain an understanding of how companies and industry sectors are balancing growth, profitability, cycles and complexity. We enjoy writing them!

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Procurement Academy

JANUARY 16, 2025

Looking to improve operations and achieve cost savings within your procurement processes? A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. What is the Purpose of a Process Audit Report?

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Supply Chain Brain

JUNE 17, 2025

Supply chain and procurement executives should urgently pay heed to the need to make sure it is distributed to them, said Jay Koganti, vice president supply chain at the Center of Excellence of Estée Lauder , during a presentation titled “ AI Trends Transforming Supply Chain – and How Leaders Should Respond,” at the DPW New York conference June 11.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 100

Supply Chain Shaman

OCTOBER 1, 2013

Food manufacturers, over the course of the last decade, have pushed costs and waste backwards in the supply chain. OI has been more focused on transactional efficiency, procurement and IT standardization. It cannot be about singular metrics. Demand is volatile, price is competitive and complexity reigns. Conscious Choice.

Illinois 253

Illinois Waste Reduction S&OP Supply Chain Planning Software 253

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. Do you give suppliers accurate forecasts?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Procurement Academy

FEBRUARY 25, 2025

Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supply chain performance. In this article, we’re going to look at how role-based training and supply chain training courses play a crucial role in improving team collaboration and efficiency.

Buyer Training 52

Buyer Training Supply Chain Performance Price Mitigation Strategies Optimal Sourcing 52

Supply Chain Shaman

FEBRUARY 1, 2024

Over the course of the last decade, his story is the same. Optimization engines to improve functional metric performance resulted in an exploding number of planners. Use this data as an input to safety stock calculations, procurement decisions, and production planning. Back to John. His comments are typically a word salad rant.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric. Across the US, Ferguson has 6.5

Supply Chain Design Software 300

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 300

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Procurement Academy

FEBRUARY 17, 2025

Supply chain management certification gives the reassurance of expertise and proficiency in all aspects of supply chain operations, from logistics right through to procurement. Facilitates flexible, accessible learning: Online supply chain courses empower teams to learn anytime, anywhere, without disrupting operations.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Software Buyer Training Optimal Sourcing 92

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Supply Chain Shaman

OCTOBER 20, 2012

Over the course of the last decade, I have carefully recorded and reported presentation after presentation from conference after conference and interview after interview with supply chain leaders. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. Unknowingly, I have told three lies.

Inventory Reduction 281

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 281

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Jaggaer

MARCH 19, 2025

metric tons per person and in the European Union 5.66 metric tons per person. metric tons. Of course, the political systems in each country influence what can and cannot be done. Procurement has changed But how does all this affect us in the procurement community? We want to reduce costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Price Reduction Sourcing Strategies 52

Supply Chain Brain

JUNE 16, 2025

Leadership workshops, financial literacy programs, and compliance courses can provide the skills new managers need to succeed. Invest in formal management training. Leadership development should be a standard component of fleet management training. Encourage engagement with industry associations.

Negotiating Skills 91

Negotiating Skills Supply Chain Planning Software Pricing Training Optimal Sourcing 91

Supply Chain Shaman

JUNE 16, 2014

Over the course of the last year, I have written about this extensively. I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. Market volatility is increasing and supply chains can respond, but they cannot sense. I am an old gal.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. I thought the primary issues were between commercial teams and operations.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

GlobalTranz

DECEMBER 27, 2017

We will feature over the next 4 business days each category's most viewed posts over the course of 2017. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure? These will only contain posts written in 2017. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone.

Supply Chain Software 197

Supply Chain Software Supply Chain Optimization Optimal Sourcing Supply Chain Strategy 197

Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? In the design of the digital program, spend time on metrics and reward systems.

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software 195

SCMDOJO

MAY 23, 2025

Integrating Analytics Into Every Tier Analytics must penetrate every layer of the supply chainfrom procurement to last-mile delivery. Procurement, finance, operations, and IT must work in tandem, guided by unified KPIs (Key Performance Indicators) and transparency. Importantly, integration isnt just about toolsits about culture.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Procurement Analytics Analytics Software Supply Chain Planning Software 59

Operations and Supply Chain Management

NOVEMBER 7, 2024

Key elements to include: Sustainability Goals and Metrics: Define clear sustainability goals aligned with the company’s overall objectives. Introduce relevant metrics for measuring environmental impact like carbon emissions, water usage, and waste generation. – Bob

Waste Reduction 40

Waste Reduction Sourcing Strategies Material Savings Sustainability 40

Talking Logistics

JANUARY 5, 2014

You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. Take a finance course if you’ve never taken one. What steps can you take to learn the language of the CFO? Use them to your advantage.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 220

Procurement Academy

FEBRUARY 6, 2025

This personalization is particularly crucial in the diverse world of supply chain and procurement. Weve embedded CLT principles into our training design, ensuring that complex supply chain and procurement concepts are broken down into manageable, easily digestible chunks. The impact of continuous learning is significant.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Customer Satisfaction scores side by side with the service level and availability metrics. Of course, autonomous planning does not happen overnight, and it is not just about having the technology.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Logistics Viewpoints

MAY 19, 2022

Scenarios allow planners to ask all kinds of what-if questions to help determine the best course of action under a variety of future outcomes. You have a limited procurement budget but want to maximize revenue with a supply-driven production plan that minimizes waste. Why supply chain optimization matters.

Optimal Sourcing 300

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 300

Supply Chain Brain

JUNE 10, 2025

Imagine a supplier whose customer’s DBT climbs from 12 to 57 over the course of just three months. Supply Chain Finance & Revenue Management Supply Chain Visibility Quality & Metrics Sourcing/Procurement/SRM Supply Chain Security & Risk Mgmt RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter!

Cost Reduction Strategies 59

Cost Reduction Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 59

ivalua

JUNE 29, 2020

Now, of course the systems of healthcare differ but overall the level and growth is certainly a concern. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings. The above is a simplified view, of course. Share on Twitter. Watch a BSW webinar here.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Logistics Viewpoints

APRIL 11, 2024

Supply chain orchestration enables seamless collaboration All this tinkering undoubtedly involves effort from across the supply chain, from sales to procurement to manufacturing to distribution and more. Historically these roles are siloed, focused on their own functional metrics.

Pharmaceutical 312

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 312