Precoro

NOVEMBER 11, 2024

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.

Pricing Training

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. The right procurement strategy ensures that organizations: Mitigate risks before they escalate. Want to future-proof your procurement function?

Optimal Sourcing

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. Businesses need to identify vulnerabilities in their networks, from supplier dependencies to transportation delays. These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves.

Supply Chain Planning Software

SCMDOJO

FEBRUARY 26, 2025

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. Example: If a company planned to procure materials worth $100,000 but ended up spending $120,000. A CPI of 0.83

Negotiating Skills

QAD

MAY 22, 2025

Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

Cost Reduction Strategies

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions

Supply Chain Game Changer

JULY 24, 2025

Procurement teams may use one platform, while logistics depends on another, and finance runs an entirely separate system. Improving Forecast Accuracy and Supplier Relationships Inventory planning often relies on historical sales trends. This minimizes strain on suppliers and builds trust.

Vendor Strategies

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. Typical supply chain risks include: Natural disasters: Earthquakes, hurricanes, wildfires, and pandemics that halt production or transport. Vet thoroughly. Leverage data.

Vendor Strategies

IT Supply Chain

JUNE 18, 2025

What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.

Manufacturing Procurement

Procurement Academy

FEBRUARY 11, 2025

Understanding Supply Chain Legal Issues Expanding global supply chains can become quite complex as more stakeholders become involved, leading to a wide range of legal concerns that can affect everything from suppliers right through to your end customers. Negotiation should be the first attempt at a solution when a problem does arise.

Pricing Training

Clear Spider

OCTOBER 21, 2024

Spoiler: Effective inventory management strategies are key to navigating price hikes without passing excessive costs onto consumers. As prices continued to rise, purchasing power plummeted. Higher Production Costs: Raw material prices have surged, increasing the overall cost of production. Is Your Supply Chain Inflation-Proof?

Inventory Management Software

Supply Chain Brain

JUNE 16, 2025

Strong supplier agreements and pricing structures depend on consistent leadership. When management shifts frequently, relationships with vendors and service providers become unstable, leading to potential renegotiation delays, lost bulk pricing, and inconsistent service levels. Impact on vendor relationships.

Negotiating Skills

Supply Chain Brain

JULY 29, 2025

Will prices rise, and for whom? Evaluating the options around sourcing from different countries and applying different inbound and outbound transportation strategies. This means that it qualifies and quantifies the value of alternative suppliers in alternative countries. But it’s a challenge they need to face, head-on.

Cost Reduction Strategies

RFgen

APRIL 18, 2025

China, and the EU, trade barriers are driving more than price changes. Immediate Cost Surges and Planning Chaos The most obvious tariff impact on supply chains is pricing. That means reworking contracts, renegotiating supplier deals, or even abandoning entire product lines. But the real disruption is in predictability.

Inventory Reduction

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. This creates a good mix of internal and external capabilities.

Negotiating Skills

Supply Chain Matters

MAY 23, 2025

According to its web site, Clarium is a healthcare technology company that is transforming how the hospital supply chain is managed by providers and suppliers. As Flocks network scales with every new shipment, the increased density creates more STL opportunities and more data, further improving AI -powered pooling and pricing capabilities.

Supply Chain Planning Software

Logistics Viewpoints

DECEMBER 12, 2024

Strategy: Reshoring production, regionalizing supply chains, or finding alternative suppliers are among the strategies available to mitigate the impact of tariffs on intermediate goods. For instance, a country can negotiate preferential trade agreements with its trading partners, thus enjoying lower tariffs.

Optimal Sourcing

Supply Chain Digest

JULY 30, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Warehousing

Supply Chain Digest

JULY 16, 2025

As an example, Gartner cites the 94% of supply chain logistics leaders that either currently have a supply chain management transportation system or plan to deploy one in the next one or two years. ( link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Get ready to pay higher prices for goods and services.

Logistics Network Optimization Software

Supply Chain Digest

JULY 24, 2025

It was a slight down six months for oil prices in the first half of the year. It was mostly down from there until the end of May, when the price surged to about $75.0, It was mostly down from there until the end of May, when the price surged to about $75.0, US on-the-road diesel prices were flattish, starting the year at $3.56

Supply Chain Design Software

Supply Chain Digest

AUGUST 6, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Supply Chain Planning Software

Supply Chain Digest

JULY 9, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Gartner

Supply Chain Digest

JULY 22, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Supply Chain Planning Software

Freightos

JUNE 12, 2025

Home Balancing Technology and Human Expertise: Insights from the World Procurement Congress Oliver Esch June 12, 2025 Blog The recent World Procurement Congress brought together procurement leaders from across the globe, from Australia to North America, representing diverse industries and perspectives.

Negotiating Skills

EFT

JUNE 16, 2025

EU prepared to accept flat 10% US tariff with conditions, Handelsblatt reports Brussels negotiators hope that offering to accept U.S. trade negotiations have transitioned from their opening act, with its many twists and turns, into a new, protracted chapter: the Slow Grind. Explainer: What's behind the surge in Japan's rice prices?

Negotiate Pricing

Supply Chain Digest

JULY 3, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Supply Chain Design Software

Supply Chain Digest

JUNE 27, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Gartner

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., Automotive For Ford Motor Co.,

Price Reduction

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

Supply Chain Digest

JULY 22, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Agile and Lean Supply Chain

Supply Chain Digest

JULY 1, 2025

Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Assess and mitigate exposure to new global transportation bottlenecks 2. What do you say? Prepare CFOs for continued supply chain cost volatility 3.

Gartner

Supply Chain Digest

JULY 8, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Cargo

Supply Chain Digest

JUNE 25, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Supply Chain Design Software

Supply Chain Digest

JUNE 6, 2025

link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Suppliers will respond when they are made part of the team, and they have a lot to bring to the game. They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets.

Supply Chain Design Software

Supply Chain Digest

JULY 29, 2025

Since early 2025, the US Surface Transportation Board, the federal regulatory agency overseeing railroads, has signaled a more industry-friendly approach to merger reviews. That price would represent about a 23% premium to Norfolk Southern’s stock before the first reports of a potential deal this month. Supply Chain Digest Says.

Supply Chain Design Software

Supply Chain Digest

JULY 11, 2025

P&G also said that it is likely to raise prices as one of several steps to offset the impact of tariffs on its costs amid a “challenging and volatile environment.” The idea is that the package delivery robots will be transported in Amazon’s fleet of Rivian electric vans and will soon be ready to start real-world testing at a new facility.

Supply Chain Design Software