SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Impact on Procurement Operations These disruptions can lead to: Delayed deliveries and production slowdowns. Supercharge your strategy!

Optimal Sourcing 59

Optimal Sourcing Supply Chain Disruption Vendor Strategies Cost Reduction Strategies 59

Supply Chain Matters

JANUARY 21, 2025

The disruptions and the themes are similar along with added observations. Resilinc Study Supply chain risk management technology provider Resilinc released this week this providers findings of the top drivers of supply chain disruptions for 2024. All rights reserved.

Supply Chain Disruption 59

Supply Chain Disruption Study Supply Chain Planning Software Supply Chain Strategy 59

Logistics Viewpoints

MAY 11, 2025

beef from 1,000 to 13,000 metric tons , removing the 20% tariff within that limit. The potential for inflationary effects and supply chain disruptions remains, particularly in sectors with thin margins or high import dependency. Further details on derivative product eligibility and quota volumes have not been published.

Negotiating Skills 152

Negotiating Skills Pharmaceutical Cost Reduction Strategies Price Reduction 152

Supply Chain Shaman

APRIL 18, 2023

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. While many might clap their hands and exclaim the end of three-years of unprecedented supply chain disruption, I say, “Not so fast.” Build in-market sourcing. What is normalcy?

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 417

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. Modern supply chains thrive on real-time data, execution-focused applications, and dynamic decision-making. That’s where data analytics comes in. The result?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Logistics Viewpoints

FEBRUARY 15, 2023

There are numerous indications that supply chain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.

Supply Chain Planning 289

Supply Chain Planning Supply Chain Optimization Optimal Sourcing Supply Chain 289

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Notice in the Supply Chain Insights report, there are only two HDD companies. Semiconductor is poised to consolidate, which will have huge impact on the metrics.

Metrics 175

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 175

ivalua

NOVEMBER 29, 2022

In fact, 44% of respondents noted supply risk as a top priority, while 27% cited ESG as a priority–and the percentage of CPOs that have prioritized savings has nearly doubled year over year since 2021. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

ToolsGroup

JUNE 2, 2023

But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. A single source of truth doesn’t just align information across your enterprise. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

Logistics Viewpoints

JUNE 29, 2023

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

Manufacturing Procurement 270

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 270

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

TransAudit

MAY 14, 2024

In today’s interconnected global economy, supply chain disruptions have become a prevalent challenge for businesses across various sectors. These disruptions, broadly defined as a business’s inability to receive, produce, ship, and sell products, can have far-reaching consequences.

Supply Chain Disruption 85

Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software Cost Reduction Strategies 85

ivalua

SEPTEMBER 14, 2022

In addition, 26% of respondents agree their organizations lack adequate systems for defining and triggering a response to supply chain disruption, while a quarter (25%) have an inability to effectively assess the risk of individual suppliers. Global Media Contact. Markus Leutert, Senior Director, Corporate Communications.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

SCMDOJO

OCTOBER 30, 2024

MTSS platforms excel in incorporating realistic supply chain simulations that allow learners to experience firsthand the complexities and unpredictability of managing a supply chain. Through PBL, students are encouraged to analyze problems from multiple perspectives, develop hypotheses, and test potential solutions.

Supply Chain Planning Software 97

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

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Supply Chain Opz

JANUARY 7, 2013

Supply Chain Map is the way to express a large system from the points of origin to points of consumption in simple to understand manner. Information from the annual report is also used to produce the Apple Supply Chain Map. Some components are currently obtained from the single or limited sources.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. The data is all anonymous, but retailers can look at metrics such as time to fulfill, pack time, conversions, and ship versus pick-up, to name a few, across hundreds of Active Omni customers.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 298

ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. 75% of companies felt negative or strongly negative impacts on their business due to supply chain disruption ( Accenture ). In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logistics Viewpoints

SEPTEMBER 19, 2023

Inflation, pandemics, railway strikes, adverse weather events – the supply chain disruptions keep on coming. With expansion of supply chains into supply networks globally, there is an increased chance of disruptions caused by various kinds of risks. This is where AI can make all the difference.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 293

RFgen

DECEMBER 19, 2024

Production Capacity Analysis While traditional testing methods can be time-consuming and offer incomplete data, focusing on key production metrics within the manufacturing process provides more actionable insights. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used?

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

My Office Apps

OCTOBER 21, 2024

Whether you’re sourcing from different warehouses or shipping to various branches, VRM tools help track and manage vendors across multiple locations. This ensures that you have complete visibility into where products are coming from and going to, enabling smoother logistics and more effective supply chain management.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Kinaxis

DECEMBER 6, 2017

However, even the best supply chains struggle with a recurring issue – data integrity. The alignment of demand and supply is more difficult because most, if not all, supply chains have data integrity issues. Successful supply chain planning starts with data. New data sources.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Planning Scenario Planning Data 179

Logistics Viewpoints

APRIL 4, 2022

Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. But the company understands this is not enough; they need more visibility to the end-to-end value chain.

Supply Chain Transformation 261

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 261

Logility

APRIL 29, 2021

Supply chain disruptions such as these may force a business to find new inshore or offshore suppliers, all of whom must be thoroughly vetted for compliance with regulatory and corporate standards. Risks are dynamic, affected by everything from climate change to human trafficking to politics.

Optimal Sourcing 204

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 204

Precoro

DECEMBER 24, 2024

Unlike traditional tools that often operate in isolation or rely on rigid workflows, AI connects the dots between disparate data sources, providing a more comprehensive view of procurement activities. What sets AI apart is its ability to factor in external influences, like market shifts, supply chain disruptions, or geopolitical risks.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

The Logistics & Supply Chain Management Society

MAY 18, 2021

Whilst 50% of respondents agreed that their use of data/analytics/AI/ML will be central to adjusting more effectively to dramatic supply chain disruptions. In a hyper-connected scenario of the future, entire networks can proactively sense and respond to potential supply chain disruptions.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

QAD

APRIL 8, 2025

Supply Chain Disruptions: Tariffs can lead to delays and inefficiencies in logistics. Shift in Supplier Dynamics: Companies may seek alternative sourcing options to mitigate cost increases. Compare sourcing alternatives and production schedules in real-time.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Price Reduction Expense Reduction 52

SYSPRO Smarter ERP

MAY 26, 2025

AI algorithms can review data from various sources such as IoT devices, production lines, and supply chain management systems , and provide valuable insights instantly. Real-time insights: Data on production, inventory, and other critical metrics, allowing for informed decisions.

Manufacturing Procurement 67

Manufacturing Procurement Optimal Sourcing Inventory Management Software Predictive Analytics Software 67

Jaggaer

MARCH 19, 2025

metric tons per person and in the European Union 5.66 metric tons per person. metric tons. The second has become more pronounced in recent years, notably with the Covid pandemic and supply chain disruptions. And it is those of us in the richer countries (i.e., By comparison, in India the figure is just 2.5

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Price Reduction Sourcing Strategies 52

Kinaxis

FEBRUARY 3, 2020

As soon as they have this information, these planners investigate alternative sourcing using scenario planning playbooks. They find a facility that can fulfill orders and restore health to the entire supply chain. Planners even use key business metrics to evaluate the financial impacts of changing production facilities.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 278

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. worry no more! References Garnder, S.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69