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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

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.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources. This means involving procurement in the highest levels of strategic planning and decision-making. Moreover, this solution offers substantial value for suppliers.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Executives are left making high-stakes decisions with incomplete information. This enables companies to adjust sourcing, production, and logistics well in advance of potential disruptions. AI-driven procurement tools analyze pricing trends and supplier performance to negotiate better contract terms.

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Amul’s Optimized Supply Chain: Driving Global Growth in the Dairy Industry

Logistics Viewpoints

Direct Procurement : Milk is collected directly from farmers at the village level. Another e-initiative provides farmers access to information related to the dairy sector (markets/technologies etc.) Amul has also implemented a Geographical Information System (GIS) at both ends of the supply chain (milk procurement and marketing).

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AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

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.

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Why Procurement Professionals Should Learn About S&OP

SCMDOJO

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

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Supply Chain & Logistics News Round-Up (December 30th 2024- January 2nd 2025)

Logistics Viewpoints

The sides have been informally discussing the issues, and there is hope for a new agreement or another extension to prevent further disruptions. BSR Releases Their Future of Supply Chains 2025 Outlook The Future of Supply Chains 2025 primer by BSR outlines key procurement priorities and forces of change that will shape supply chains.