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. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Procurement AI enables teams to quickly process mountains of data, uncover hidden patterns, and automate repetitive tasks like invoice processing and supplier evaluations.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

SCMDOJO

FEBRUARY 15, 2025

Structured methodologies, risk assessment tools, and agile frameworks allow companies to improve coordination, enhance decision-making, and ensure they remain adaptable to disruptions. Improve collaboration between suppliers, manufacturers, and logistics partners. Enhance visibility across the supply chain through structured reports.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

SCMDOJO

JUNE 3, 2025

Picture yourself at your local hardware store comparing two paint cans that appear completely identical, yet they have completely different price tags. Before digital tools entered the scene, thats almost exactly what procurement used to feel like. This is exactly what digital tools are delivering. Today though?

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Design Software Analytics Software 59

Supply Chain Game Changer

JULY 19, 2025

How do you build strong supplier relationships? Finding the right supplier isn’t easy, is it? Establishing a strong partnership with a supplier is one of the biggest pain points for procurement leaders, particularly for startups. Instead of focusing solely on unit prices, consider the Total Cost of Ownership (TCO).

Optimal Sourcing 76

Optimal Sourcing Procurement Analytics Procurement Solutions Supply Chain Planning Software 76

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

Jaggaer

APRIL 9, 2025

Choosing the Right ERP System for Manufacturing: Key Features to Consider Enterprise Resource Planning (ERP) is a cornerstone of modern manufacturing, bringing together core business functions to improve operational efficiency. Supplier Collaboration – A strong relationship with suppliers is crucial for a smooth manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 52

SCMDOJO

APRIL 15, 2025

Perhaps a critical supplier goes out of business, a natural disaster halts shipments, or new regulations are introduced that throw a wrench in your entire process. A resilient and agile supply chain isnt just a competitive advantage; its a survival tool in the face of unpredictable challenges. Evaluating these risks is essential.

Vendor Strategies 73

Vendor Strategies Sourcing Strategies Price Reduction Resource Reduction 73

Kinaxis

MAY 16, 2025

Since January, Canadians’ weekly grocery trips have become a real-time indicator for the potential impacts of tariffs as shoppers have responded to threats with a showcase of buying power, prioritizing nationally sourced and manufactured products even before a single tariff was enacted. goods were “ rapidly dropping.”

Beverage 141

Beverage Price Reduction Canada Cost Reduction Strategies 141

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

Jaggaer

APRIL 9, 2025

As a leading vendor of procurement technology and solutions to manufacturing companies around the world, JAGGAER is witness to these changes as they happen, and even before they happen. but also external data such as supplier networks and performance, extended supply chains, and the environmental impact of their operations.

Material Savings 52

Material Savings Inventory Reduction Manufacturing Procurement Waste Reduction 52

SCMDOJO

FEBRUARY 21, 2025

Build strong supplier partnerships for long-term stability. Supplier Financial Instability: Bankruptcy or operational shutdowns of key vendors. Increased costs due to emergency sourcing. Damaged supplier relationships and business reputation. Optimize costs without compromising supply chain continuity.

Optimal Sourcing 59

Optimal Sourcing Supply Chain Disruption Vendor Strategies Cost Reduction Strategies 59

Clear Spider

OCTOBER 21, 2024

Spoiler: Effective inventory management strategies are key to navigating price hikes without passing excessive costs onto consumers. How Inflation Impacts Supply Chain Management Low and predictable levels of inflation are a sign of a healthy economy. As prices continued to rise, purchasing power plummeted.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

Supply Chain Game Changer

JULY 24, 2025

Today’s fast-moving supply networks demand more than intuition; they require systems thinking, digital fluency, and strong data skills. A Masters in Management Information Systems, especially earned online, offers a practical edge. This minimizes strain on suppliers and builds trust.

Vendor Strategies 40

Vendor Strategies Waste Reduction Inventory Reduction Sourcing Strategies 40

RFgen

APRIL 18, 2025

China, and the EU, trade barriers are driving more than price changes. Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. Immediate Cost Surges and Planning Chaos The most obvious tariff impact on supply chains is pricing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Precoro

FEBRUARY 26, 2025

ERP systems form the backbone of efficient operations for many organizations. 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. The question is, which systems offer the best path forward?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

IT Supply Chain

JUNE 18, 2025

This isn’t a one-off disaster: it’s what procurement chaos looks like in 2025 when workflows are outdated and systems don’t talk to each other. The smartest contractors are switching to integrated platforms that unify purchasing, payments, and supplier coordination all in one place.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Supply Chain Planning Software 52

o9 Solutions

APRIL 8, 2025

This article is derived from our newest SRM White Paper, “One Platform, One Vision – The Benefits of a Unified AI-Driven Supply Chain Planning & Procurement Decision-Making Platform” Ask a procurement leader and a supply chain planner about their biggest priorities, and you’ll likely hear two very different answers.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Cost Reduction Strategies 52

QAD

MAY 22, 2025

Strategic management in this area can yield substantial savings and build stronger supplier relationships. Procurement teams should build long-term, collaborative relationships with key direct suppliers. When costs rise, companies particularly larger ones may try and pass the total cost increase onto suppliers.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

Precoro

MARCH 27, 2025

Negotiate better contract terms. Afterward, this money can be used to develop new products, enhance the customer experience, update technology, or recruit new employees. For example, companies can negotiate a contract that reduces the per-unit price from $5 to $4.50 Both contribute to overall sourcing cost savings.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

ThroughPut

MAY 15, 2025

Spare Parts Management Software is becoming mission-critical for Maintenance, Repair, and Operations (MRO) professionals; especially those overseeing complex fleets, heavy industrial equipment, or distributed facilities. Spare Parts Management Software deliver measurable impact across maintenance, procurement, and operations.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Supply Chain Matters

MAY 23, 2025

Supply Chain Matters features its latest full edition of This Week in Supply Chain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supply chain technology providers. Our previous posting in this series was published on May 18 th.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Software Logistics Network Optimization Software 52

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

Cathy Roberson

JUNE 9, 2025

As a result of these efforts, we have multiple tools in place to address any challenges. As a reminder, the 5 levers we have available to address cost inflation, including tariffs, are negotiating with our suppliers, respeccing products, moving country of origin, dropping noneconomic items and leveraging our expanded multi-price capabilities.

Negotiating Skills 56

Negotiating Skills Purchasing Skills Negotiate Pricing Retail 56

Logistics Viewpoints

JANUARY 31, 2025

These tariffs will raise costs, disrupt supply chains, and force companies to rethink sourcing and logistics strategies. or shift sourcing to Mexico and Canada under USMCA. Investing in local suppliers and manufacturers strengthens regional trade networks, reducing exposure to geopolitical trade disputes.

Negotiating Skills 255

Negotiating Skills Expense Reduction Price Reduction Inventory Reduction 255

Enterra Insights

JANUARY 23, 2025

From accelerated investments in AI and digital technologies that redefine innovation to a strategic move towards insourcing critical functions for greater control and security, businesses are reimagining processes across the board.”[3] More supply chain diversification. ”[8] Better cybersecurity practices.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Modeling Trends 130

GlobalTranz

FEBRUARY 20, 2025

These trade barriers, imposed by governments to control the flow of goods, can drastically affect everything from pricing to supply chains to overall business strategy. Revenue generation: Tariffs are a source of government income, funding public infrastructure and other national initiatives. Funds generated by tariffs go to the U.S.

Negotiating Skills 156

Negotiating Skills Price Reduction Resource Reduction Cost Reduction Strategies 156

NC State SCRC

MAY 20, 2025

Contract Enforcement : How might companies need to restructure force majeure clauses to accommodate future tariff-induced price fluctuations, and what litigation patterns could emerge if these clauses are tested? For that reason, it is almost irrelevant when it comes to contractual negotiations after a disruption occurs.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Inventory Reduction 40

Jaggaer

JANUARY 23, 2025

Nobody was predicting the sharp change in US economic policies that have been heralded by the election of Donald Trump as the 47th President of the United States. Sourcing strategies must be reviewed from many different perspectives, but here we will focus on the proposed policies and their implications from a European viewpoint.

Manufacturing Procurement 52

Manufacturing Procurement Negotiate Pricing Negotiating Skills Cost Reduction Strategies 52

EFT

MAY 12, 2025

Exclusive: US considering new ship registry in US Virgin Islands, sources say President Donald Trump's administration is considering a proposal to create an international shipping registry in the U.S. tariffs to spark price hikes that will drive American consumer demand down. the chief financial officer said on Thursday.

Negotiating Skills 101

Negotiating Skills Virgin Islands Price Reduction Negotiate Pricing 101

EFT

JUNE 16, 2025

year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump's 145% tariffs took hold, supply chain technology provider Descartes (DSG.TO) said on Monday. EU prepared to accept flat 10% US tariff with conditions, Handelsblatt reports Brussels negotiators hope that offering to accept U.S.

Negotiate Pricing 65

Negotiate Pricing Negotiating Skills Price Reduction Manufacturing Procurement 65

Supply Chain Brain

JUNE 24, 2025

These costs cascade through the supply chain, raising consumer prices and squeezing profit margins. According to a National Retail Federation study , a 10% tariff on imported apparel can increase retail prices by 3% to 5%. An estimated 60% of U.S. Beyond the U.S., Tariffs also destabilize supply chain operations.

Price Reduction 97

Price Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 97

Supply Chain Brain

JUNE 12, 2025

Increased tariffs mean higher prices for raw materials and finished goods, but shipping, storage and handling costs often increase too, which threatens small- to midsized business (SMB) profitability — especially when up against larger competitors with more resources. Higher prices can alienate loyal buyers.

Optimal Sourcing 59

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 59

Supply Chain Digest

JULY 15, 2025

Interact reduced its AMR forecast for 2025 by $800 million, with lower growth predicted in each of the major regions. While these results may seem surprising to those solely focused on barcode scanning, the adoption of multi-modal technologies in the DC makes perfect sense for greater worker efficiency and productivity.

Analysis 41

Analysis Procurement Analytics Supply Chain Design Software Supply Chain Planning Software 41

Logistics Viewpoints

MARCH 3, 2021

A managed transportation service provider, “managed trans” for short, uses transportation management software and internal expertise to plan and execute freight moves for their customers. Many shippers are tough negotiators who work diligently to drive down carrier rates. The truckload and less-than-truckload market is cyclical.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 284

Precoro

DECEMBER 11, 2023

The dynamic landscape of modern business comes with increasing product variety and volatile prices, making it more important than ever to stay competitive on the market. To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

ivalua

MAY 6, 2021

These include faster co-innovation with suppliers, working with sustainable and ethical suppliers and empowering employees — all of which will lead to increased business agility. . Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130