Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Negotiating Skills 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risks in halal supply chains The halal integrity of a brand (and its products) is a function of its supply chain, where a breakage in halal integrity anywhere in a supply chain becomes a breakage of its halal integrity. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

SCM Research

JANUARY 12, 2015

Like every year ( see my previous post ), Emerald rewards authors of exceptional papers covered in its extensive Emerald Management Reviews database with a Citation of Excellence Award (full list). I went through the latest list of the Citations of Excellence Top 50 papers. Ferrin, D., & Rao, H.

Eliminating Excel in Purchasing 110

Eliminating Excel in Purchasing Supply Chain Risk Management Optimal Sourcing Modeling Software 110

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

JUNE 16, 2014

The older tools from CAPS Logistics, SNO from Oracle, and Manugistics Network Planning are giving way to new technologies like the Logictools product (purchased from IBM), the Solvoyo product for concurrent planning, the Quintiq technology for concurrent optimization, and the Llamasoft technology platform for optimization and simulation.

Supply Chain Design Software 319

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

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? Which gets me to the question, “What is supply chain management?

Supply Chain Planning Software 418

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 418

NC State SCRC

JANUARY 3, 2025

The procure to pay focus may continue, but other types of COE activities are layered on top, building on progressively more sophisticated activities such as KPI development, category intelligence support, risk management, contract management, and predictive analytics.

Negotiating Skills 52

Negotiating Skills Procurement Analytics Purchasing Skills Supply Chain Planning Software 52

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Let’s break down these key components: Procurement: This is where it all begins.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

Supply Chain Shaman

DECEMBER 4, 2018

As a B2B company, procurement management is essential. The company also taught them to understand the basics of negotiation and risk management. The total cost of ownership analyzes the total costs of the buying decision. That was a significant shift in the Rockwell Automation previous approach to a supply chain.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Precoro

FEBRUARY 26, 2025

They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 21

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 21

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. We have let buy- and sell-side transactional relationships erode value. “ I scratch my head. This has made the supply chain more fragile.

Pricing Training 262

Pricing Training Supply Chain Design Software Purchasing Training Waste Reduction 262

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared. Procurement was operating in isolation from supply chain.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Design 195

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Is Procurement drowning in data?

Optimal Sourcing 101

Optimal Sourcing Procurement Data Supply Chain Planning Software 101

Procurement Academy

OCTOBER 19, 2023

Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Jaggaer

FEBRUARY 20, 2025

And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey. the public sector).

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Manufacturing Procurement Sourcing Strategies 52

Supply Chain Shaman

OCTOBER 29, 2020

While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. Let’s learn from the past to unlearn to rethink supply chain excellence. Inventory management is about much, much more than safety stock management. My takeaway?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

NC State SCRC

APRIL 30, 2025

Many of the managers I speak with are buying into the application of artificial intelligence in the workplace, but often struggle to identify specific processes that are best suited for AI.I Risk Management Monitoring different events that could disrupt supply chains is an ideal application of AI.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Demand Planning Software Analytics Software 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 79

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 79

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Resilinc

DECEMBER 5, 2023

Shahzaib Khan discusses Resilinc’s journey toward AI-driven supply chain excellence From its early inception in the 60s’ to its increasingly available public access, artificial intelligence (AI) has come a long way. To achieve this, we utilized historical purchase order data from customers and Resilinc’s 12+ years of supply chain data.

Supply Chain Risk Management 78

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 78

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The percentage of purchased goods emissions by suppliers with science-based targets.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

ivalua

JUNE 24, 2025

If your procurement team is juggling multiple ERP systems, you’re likely spending more time chasing data than driving strategy. All of which diminishes procurement’s impact across your organization. Unified procurement drives real ROI and agility, along with improved compliance.

Manufacturing Procurement 130

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 130

Supply Chain Opz

NOVEMBER 9, 2014

percentage of second-tier suppliers who follow a certain risk management or IT standard”). In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. At an MIT conference last year, Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends. Further “consumerization” of business IT.

Predictive Analytics Software 260

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 260

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Jaggaer

MARCH 23, 2020

These found their earliest commercial applications in areas such as customer profiling, market segmentation and credit scoring as well as risk analysis (e.g. And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Supply Chain View from the Field

OCTOBER 29, 2015

I spent some time this week with a group of procurement executives from Restaurant Supply Chain Solutions, a company that conducts all of the procurement and supply chain activity for YUM! The volume of food purchased is also staggering to the imagination. brands (including Pizza Hut, KFC, Taco Bell, as well as A&W).

Negotiate Pricing 60

Negotiate Pricing Negotiating Skills Procurement Solutions Purchasing Skills 60

ThroughPut

JUNE 2, 2025

This lack of transparency hampers accurate demand forecasting, procurement efficiency, and inventory optimization. Throughput spare parts management is a data-driven, AI-enabled approach that focuses on optimizing the flow of spare parts through the supply chain, from procurement to end-of-life. ThroughPut.ai

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

Supply Chain Shaman

DECEMBER 4, 2018

As a B2B company, procurement management is essential. The company also taught them to understand the basics of negotiation and risk management. The total cost of ownership analyzes the total costs of the buying decision. That was a significant shift in the Rockwell Automation previous approach to a supply chain.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

ToolsGroup

MARCH 31, 2022

They’ve inspired their teams with their persistent drive to deliver excellence and helped our customers keep service levels high despite demand and supply irregularities. As a result, our customers see us not as a vendor, but as a true partner in the management and improvement of their supply chains.”

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Supply and Demand ToolsGroup 120