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

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. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Jaggaer

MAY 21, 2025

Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supply chain. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency. What is procurements role in CSRD?

Procurement Analytics 52

Procurement Analytics Material Savings Sustainability Waste Reduction 52

SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Talking Logistics

DECEMBER 11, 2014

We never expected or predicted that the clunky analog cell phones we carried on our belt clips back then would quickly evolve into Internet-connected smartphones with digital cameras built-in, which is today cannibalizing digital camera sales ! Big Data and Analytics for Oil and Gas Transportation. Robinson Acquires Freightquote.

Predictive Analytics Software 260

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

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 69

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 69

Supply Chain View from the Field

AUGUST 22, 2013

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. Marketing and IT see this to some extent, but not like procurement.

Procurement Analytics 68

Procurement Analytics Negotiating Skills Procurement Purchasing Skills 68

Logistics Bureau

NOVEMBER 3, 2024

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

QAD

MARCH 5, 2020

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. And all the way through for my hundreds or even thousands of vendors, and even if I have been doing business with vendors for years, I do the exercise.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Supply Chain Game Changer

OCTOBER 11, 2022

More importantly, are you measuring the right metrics? Measuring wrong metrics might paint a great process in a bad light, leading to wrong conclusions. Communication of this kind will prevent any procurement delays. Metrics such as rework rates or defective products help you understand how well your operations are working.

Optimal Sourcing 95

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 95

Logistics Bureau

APRIL 4, 2022

Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. What Are Your Freight Benchmarking Options?

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Enterra Insights

JUNE 18, 2019

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

HICX Solutions

JANUARY 22, 2019

Automating purchase-to-pay processes. The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. Click here to read the detailed report in full. Artificial intelligence (AI) will take this to a new level. Driving innovation.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Procurement Supply Chain Design Software 40

Resilinc

MARCH 26, 2024

In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 127

Modeling Supply Chain Risk Management Modeling Software Risk Management 127

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Game Changer

JUNE 10, 2020

Deciding to eat at Luigi’s Italian Market, and negotiating billion-dollar contracts aren’t really in the same league of purchasing decisions. Utilizing improvised solutions is still the norm in many procurement organizations. The level of risk in these two investments are comparatively incomparable, but humor me here.

Procurement Solutions 72

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 72

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

HICX Solutions

MARCH 17, 2020

The continued growth in the adoption of procurement-to-pay (P2P) or source-to-settle (S2S) suites in the last few years is testament to the significant value they deliver to procurement teams in businesses of all sizes. It’s not a mistake that many procurement leaders make twice. And this is where the problems begin.

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Who are our best suppliers?

Procurement Analytics 64

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 64

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Today, Arena and Part Analytics have come together to share the story of one of our joint customers as a case study. This commitment was what led us to partner with Part Analytics.

Analytics Software 62

Analytics Software Negotiating Skills Purchasing Skills Sourcing Strategies 62

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 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

Supply Chain Matters

NOVEMBER 6, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Logistics Bureau

APRIL 3, 2023

For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Talking Logistics

OCTOBER 29, 2018

First, let’s define TMS – this is the software used to manage purchased transportation. Please involve procurement/purchasing, materials management, the planning and forecasting group, warehouse operations, facilities, finance / accounting, IT, customer service / sales, and anyone else that will touch this implementation.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Analytics Software Forecasting Software 124

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 111

Supply Chain Movement

OCTOBER 19, 2015

The new, online tool called Supply Chain Satellite provides objective insights into a company’s logistics procurement strategy and hence supports decision-making related to logistics outsourcing. The Supply Chain Satellite tool uses a four-quadrant model to visualise a company’s position within the strategic landscape.

Procurement Solutions 60

Procurement Solutions Modeling Software Supply Chain Software Logistics Network Optimization Software 60

EC Sourcing Group

SEPTEMBER 27, 2022

Technology has finally caught up with sourcing and procurement—evolving processes by leaps and bounds in a relatively short amount of time. Ensuring you have the best eSourcing tools with features that fit your needs can streamline your sourcing process, positively affecting your procurement processes and supply chain.

Analytics Software 52

Analytics Software Procurement Solutions Supply Chain Software Procurement Analytics 52

Supply Chain Matters

JULY 15, 2022

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. With so many having to work from home during the ongoing Covid-19 pandemic, consumers upped their purchases of in-home fitness equipment. Timing was a further crucial factor.

Cost Reduction Strategies 105

Cost Reduction Strategies Sourcing Strategies Expense Reduction Inventory Reduction 105

Jaggaer

JUNE 5, 2025

As will be clear from the previous article by Robin Schenkewitz of H&Z, the new CSRD, EUDR and CSDDD directives impose significant demands on procurement to collect data about whats happening in their supply chain. Manual and ad hoc means are no longer up to the task. Explore how JAGGAER supports supplier compliance workflows.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Demand Planning Software 52

Taulia

MARCH 22, 2023

In practice, this could mean predicting which invoices suppliers will choose to accelerate under a range of different conditions. Or it could mean leveraging the power of AI to extend the cash forecasting process all the way down to the purchase order level. The use of AI can help overcome these issues.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Vendor Strategies Forecasting Software 52

EcoVadis

MAY 21, 2012

Advancements in Sustainable Procurement. One of the best surprises was from Sustainable Procurement movement which was one of the sustainability initiatives the least affected by the economic crisis. We also observed a real mainstreaming of sustainable procurement practices across sectors.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Modeling Software Sustainability 40

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Procurement Analytics Cost Reduction Strategies 52

Arena Solutions

DECEMBER 17, 2024

They receive goods into their warehouse, and they store them and they don’t know what they’ve paid for them, nor do they have a purchase order from, or they haven’t issued a purchase order. I had a customer that does a PO completely backwards. But you have to know what your process is.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Modeling Software Supply Chain Network Software 52