SCMDOJO

FEBRUARY 5, 2025

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.

Negotiating Skills

Jaggaer

MARCH 19, 2025

But what is less well known is that China also invests far more than the EU or the USA in its renewable energy capacity as it seeks to reduce its dependency on oil imports. Procurement has changed But how does all this affect us in the procurement community? We want to reduce costs.

Cost Reduction Strategies

Jaggaer

JUNE 25, 2025

In earlier articles in this series on GenAI we have discussed its benefits and how it differs from other forms of artificial intelligence, as well as how in future these will converge to create highly sophisticated solutions, not least in procurement. Procurement, too, is vulnerable. Not the least of these are the cybersecurity risks.

Procurement Solutions

Supply Chain Matters

MARCH 14, 2025

tariff strategies. Administration are becoming either a noted concern or inventory hedging opportunity area for global based manufacturers and materials procurement teams. Once more, the spike in inventory levels reportedly led to increased inventory costs, along with warehousing prices. respectively.

Inventory Reduction

Procurement Academy

FEBRUARY 11, 2025

Theyll need to study clauses around areas such as pricing, indemnification, and dispute resolution. A good training program will bring participants through a range of practical exercises to allow them to negotiate and draft contracts in a real-world setting to better develop and hone their skills.

Pricing Training

Supply Chain Matters

MARCH 27, 2025

In his remarks, the President indicated that the Commerce Department will exercise very strong policing as to which parts of an automobile or truck are subject to tariffs. market are currently priced below $30,000, and are now subject to potential price increases averaging $6,000. auto prices could rise 11.4

Industry

Arena Solutions

DECEMBER 17, 2024

They understand the business well enough that they can help influence the strategy. That’s actually a really hard cross-functional exercise, and your systems will work better for you when you’ve done that exercise, because systems are just the manifestation, the automation, the efficiency, and the accuracy of that process.

Manufacturing Procurement

Supply Chain Brain

JUNE 26, 2025

Construction-specific tools are also on the market, with companies using tariff risk-assessment dashboards to help contractors analyze vendor relationships for exposure to price changes and legal protections. And retailers are using AI to dynamically adjust pricing and inventory strategies in response to tariff-driven cost changes.

Vendor Strategies

Supply Chain Matters

APRIL 4, 2025

Added Considerations and Impacts As our readers are likely to decipher from the retaliatory level listing, most all of the China Plus sourcing actions exercised since the first Trump Administration have been negated with the added numbers related to Vietnam, India and other Asia based nations. For global wide and U.S. The list goes on.

Sourcing Strategies

Supply Chain Matters

JANUARY 14, 2025

Supply Chain Matters highlights recent data regarding China s reported trade deficit and export trade volumes and the implications to industry supply network strategies in 2025. We pointed to the various implications to either global based, nearshored or domestic supply network sourcing strategies. trillion, an increase of 5.9

Sourcing Strategies

Supply Chain Matters

JANUARY 21, 2025

Bloomberg in its latest reporting , has cited a study indicating: The additional levies would hit about $97 billion worth of auto parts and 4 million finished vehicles that come into the US from those countries, and could boost average new-car prices by about $3,000, according to Wolfe Research.

Sourcing Strategies

Supply Chain Game Changer

JULY 24, 2025

It is not merely about procuring machinery; it is about securing a partnership that resonates through the entire lifecycle of your projects. A supplier that continually invests in innovation and stays abreast of the latest technologies is better positioned to provide cutting-edge solutions that align with the evolving needs of your projects.

Negotiate Pricing

o9 Solutions

JUNE 6, 2025

Without a culture that embraces change, even the best strategies fail. Bundled services, 5G rollouts, and new pricing models are shifting the landscape – but too many companies remain stuck in reactive mode. AI-driven personalization : Using predictive analytics to anticipate churn, optimize pricing, and tailor service offerings.

Supply Chain Planning Software

GlobalTranz

FEBRUARY 24, 2015

Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. These functions must integrate easily into current logistics, invoicing , and procurement processes.

Transportation

Supply Chain Shaman

FEBRUARY 28, 2021

An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. The reason?

Supply Chain Planning Software

Logistics Viewpoints

JULY 22, 2021

From a demand perspective, considering external causal factors such as weather, consumer spending, employment levels, construction starts, or consumer price indices in our experience have delivered double digit percentage improvements in forecast accuracy. One off recommendations are made about facility locations (i.e.,

S&OP

Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Change of Leadership and Overall Business Strategy.

Sourcing Strategies

SCMDOJO

JUNE 6, 2024

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!

Pricing Training

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing

QAD

MARCH 5, 2020

Business transformation requires strategy , planning, execution and effort. The industry can sell pills, fad diets and short-cut exercise programs, but the bottom line is that most people who know will tell you the simple fact is you can’t outwork a bad diet. What is Transformation? ’ Thorough and dramatic change.

Vendor Strategies

Talking Logistics

DECEMBER 11, 2014

as of this morning — a lower price than 5 years ago! Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). Do Facebook and Twitter Need a Logistics Strategy? More companies will treat Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise.

Predictive Analytics Software

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. Supplier Lead Time.

Procurement Analytics

Logistics Bureau

MAY 24, 2019

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

Cost Reduction Strategies

Supply Chain Network

FEBRUARY 10, 2011

So far in this series on Avoiding Procurement Malpractice, we’ve examined spend visibility and analysis as critical elements of best-in-class procurement practices. o Automate price discovery, bid evaluation analysis and optimization. Want to learn more about how to avoid procurement malpractice? eSourcing applications.

Optimal Sourcing

Supply Chain Shaman

FEBRUARY 28, 2021

An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. The reason?

Supply Chain Planning Software

Enterra Insights

DECEMBER 4, 2018

Procurement expert Kelly Barner notes, “Supply chain managers know full well just how reliant their company is on the performance of third parties. Timothy Lozier, director of product strategy at EtQ, explains, “As business becomes more global, effective and efficient, supply chain management is more vital than ever.

Optimal Sourcing

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. Do you have a resilient and “stress-able” routing guide?

Capacity

The Logistics of Logistics

MARCH 18, 2022

On a personal level, Tom is a dad, lover of sports, and exercise fanatic. With SourceDay’s suite of collaborative products, procurement teams can trace a single part from PO issuance to acknowledgment and final delivery, giving organizations unprecedented visibility into the first mile of their supply chain. About SourceDay.

Manufacturing Procurement

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Optimal Sourcing

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Using a variety of synonyms can help to enrich communication, eliminate redundancy, and broaden your vocabulary.

Negotiating Skills

TMC

OCTOBER 12, 2018

Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. Like many shippers, a “one size fits all” solution did not fit their needs or strategy. Is it to get the lowest price? Most perceived value?

Price Reduction

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Inventory Reduction

NC State SCRC

FEBRUARY 13, 2023

I am working on a new book focused on the sales and procurement relationship in supply chains with my friend Howard Richman, who has a wealth of experience working for companies like Merck, Citrix, and others. Any reductions in emissions will be a bonus in addition to the elements noted above.

Optimal Sourcing

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap.

Supply Chain Design Software

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap.

Supply Chain Design Software