SCMDOJO

JUNE 3, 2025

Before digital tools entered the scene, thats almost exactly what procurement used to feel like. Estimating costs is no longer an art of educated guesses, its transformed into precision science. AI in Procurement Estimates: Explore the ways in which predictive analytics provide tailored insights for better decision-making.

Negotiating Skills

ivalua

JULY 1, 2025

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?

Material Savings

Logistics Viewpoints

APRIL 30, 2025

A lack of standardized ESG metrics across industries and regions makes it challenging to consistently evaluate and compare supplier performance. Visibility typically decreases beyond immediate (Tier 1) suppliers. Without verification, companies can inadvertently rely on inaccurate supplier claims.

Supply Chain Design Software

ivalua

JULY 1, 2025

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?

Material Savings

ivalua

JULY 3, 2025

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.

Manufacturing Procurement

ivalua

JUNE 9, 2025

In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Key Takeaways Understand the potential impact of AI – including Generative AI & AI Agents – in procurement.

Optimal Sourcing

Logistics Viewpoints

FEBRUARY 25, 2025

Stress-testing, evaluating scenario outcomes to identify and assess options to address different ranges of conditions. Evaluate Nearshoring / Onshoring and Multisourcing Relying on a single country or supplier exposes manufacturers to tariff risks. Practical Strategies for Managing Tariff Volatility 1.

Manufacturing Procurement

ivalua

MAY 21, 2025

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.

Optimal Sourcing

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction

Supply Chain Game Changer

AUGUST 11, 2025

Featuring Our 12 Best Procurement Articles! At the heart of supply chain management lies the role of procurement, a strategic function responsible for sourcing, acquiring, and managing goods and services essential for business operations. What is Procurement? Let’s delve into some key benefits of effective procurement: 1.

Sourcing Strategies

ivalua

JULY 21, 2025

A Procurement System refers to a sophisticated framework or software designed to streamline and automate various stages of the procurement process within an organization. Best-of-breed solutions often specialize in specific aspects of procurement, while full-suite solutions seamlessly automate multiple process steps.

Procurement Solutions

Logistics Viewpoints

DECEMBER 17, 2024

Companies should evaluate it alongside cost, lead time, on-time delivery, and capacity utilization. Supply chain professionals must evaluate these trade-offs to make informed, balanced decisions. The goal is to understand whether emissions are increasing or decreasing and how these shifts correlate with other operational factors.

Supply Chain Planning Software

ivalua

AUGUST 6, 2025

Indirect procurement sometimes flies under the radar, but its impact on cost, compliance, and efficiency can be significant. However, when left unchecked, mismanaged indirect procurement can cost a lot of money, pose audit risk, and a lack of transparency into who’s buying what – or why. What Is Indirect Procurement?

Optimal Sourcing

Logistics Viewpoints

APRIL 10, 2025

Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. Second, many supply chains still lack visibility beyond Tier-1 suppliers. Procurement is another area seeing change. AI also helps with scenario modeling. What if lead times from a key port double?

Optimal Sourcing

Kinaxis

AUGUST 1, 2025

Identify two to three potential suppliers for each critical component and run small-scale trials to evaluate quality, delivery, and total cost of ownership. Update procurement documentation Your existing contracts probably don't account for the new tariff reality.

Negotiating Skills

Logistics Viewpoints

JULY 7, 2025

Use a consistent framework to evaluate likelihood and impact. These should reflect your actual risk tolerance, not generic estimates. Create clear, step-by-step instructions for specific scenarios, like losing a distribution center, a WMS failure, or a Tier 1 supplier going offline.

Supply Chain Planning Software

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Optimal Sourcing

Logistics Viewpoints

APRIL 23, 2025

Supply chain managers will need to assess supplier capacity, evaluate long-term sourcing contracts, and consider geographic diversification to reduce risk associated with seasonality and regional sourcing limitations. Companies may need to revise inventory strategies and adjust procurement lead times accordingly.

Manufacturing Procurement

ToolsGroup

MARCH 31, 2025

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. Advanced Supply Planning : Improves procurement and production scheduling decisions. Optimized Safety Stock : Calibrates inventory to actual demand variability.

Supply Chain Planning Software

ivalua

AUGUST 12, 2025

Unifying data across systems allows procurement teams to assess risk, model scenarios, and make more informed, value-focused tradeoffs. Integrating sourcing with contract management, supplier performance, and ESG tracking creates a more agile and collaborative sourcing function. As a result, margins can decline and innovation suffers.

Negotiating Skills

Procurement Academy

DECEMBER 4, 2024

As a procurement professional, ensuring your suppliers are acknowledging the role of sustainability within their practices is highly important for, not only the obvious – improving the planet – but building effective relationships and meeting your company’s objectives.

Sustainability

Logistics Viewpoints

FEBRUARY 24, 2025

A production plan from an IBP meeting should be considered a rough-cut long-term plan, merely the best estimation of what was likely, not something written in stone. The creation of multiple scenarios, debate, and collaboration are required to evaluate these tradeoffs. This realization led to a new focus on agile planning.

Supply Chain Planning Software

ToolsGroup

MARCH 31, 2025

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. Advanced Supply Planning : Improves procurement and production scheduling decisions. Optimized Safety Stock : Calibrates inventory to actual demand variability.

Forecasting

Logistics Viewpoints

MAY 12, 2025

This includes easing restrictions that had affected procurement, licensing, and customs processing. Companies participating in bilateral trade should evaluate the operational benefits within the defined period and prepare for possible changes once the agreement expires. firms with operations in China. There is no change to the U.S.

Cost Reduction Strategies

ivalua

JUNE 12, 2025

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.

Cost Reduction Strategies

Logistics Viewpoints

DECEMBER 30, 2024

A production plan from an IBP meeting should be considered a rough-cut long-term plan, merely the best estimation of what was likely, not something written in stone. This idea of explainability is something most SCP suppliers are addressing, particularly through investments in generative AI.

Supply Chain Planning Software

Logistics Viewpoints

DECEMBER 2, 2024

Then a simulation is run and we get an estimated date for delivery. It might highlight logistics jams, manufacturing capacity, quality issues, or procurement cost trends. This starts with the initial discussion about what kind of products are available and how the product will be configured. This is so much more than a control tower.

Supply Chain Planning Software

ivalua

JUNE 3, 2025

As Procurement teams are tasked to do more with less in an increasingly complex and uncertain market, digitization has become a must. Procurement leaders have increasingly turned to Spend and Supplier Management platforms to improve decision-making, efficiency and collaboration. Payback in under 6 months.

Vendor Strategies

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. What are the key components of an efficient supply chain?

Sourcing Strategies

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. This blog explores the key insights from the report and reflects on how procurement technology can be a game-changer in addressing these pressing priorities.

Procurement Analytics

Enterra Insights

NOVEMBER 14, 2024

” • Evaluate and adjust procurement category strategic responsibilities. Another EY analyst suggestion involves procurement. Organizations can introduce digital procurement technology to benefit from supplier social networks.”

Supply Chain Planning Software

Procurement Academy

JANUARY 30, 2025

Just as technology has the potential to transform other major industries, its also having a major impact on procurement. One thing that is often overlooked in procurement, however, is the need to develop staff that are capable of using these technologies. Digital contract management Procurement contracts can be complex.

Buyer Training

SCMDOJO

JULY 6, 2025

It’s easy to feel at ease when procurement systems operate as they should—robust and solid. A sudden supplier shutdown, transport delays, or a missed delivery can throw everything off balance. Procurement teams now face a clear need: build bendable systems instead of unbreakable ones. That is, until something goes wrong.

Manufacturing Procurement

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. It doesnt have to be that way.

Optimal Sourcing

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 6, 2025

The landscape of public sector procurement has undergone significant transformation in recent years, driven by advancements in technology, evolving regulatory frameworks, and an increasing emphasis on sustainability. Predictive analytics powered by ML helps organizations anticipate procurement trends and identify potential risks.

Optimal Sourcing

Jaggaer

FEBRUARY 5, 2025

Assessing eAuction Bids eAuctions, or online sourcing events, have been around for more than twenty years and they have proven a highly effective tool for finding the best suppliers based on total cost. This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors.

Sourcing Strategies