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.

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Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 59

Jaggaer

MARCH 20, 2025

RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Over time, the use of the software was gradually extended to other modules.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Demand Planning Software Procurement 52

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

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Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

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Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs.

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Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 298

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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Optimal Sourcing Procurement Freight Sourcing Strategies 130

Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

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Optimal Sourcing Procurement Sustainability Material Savings 98

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

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Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.

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Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 52

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

SCMDOJO

MARCH 24, 2025

This negative variance can result from bypassing defined procurement processes, Internal mismanagement, or ineffective price negotiations with suppliers. Market Fluctuations and Inflation : External factors such as inflation, rising raw material costs, and global supply chain disruptions have a significant impact on procurement costs.

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Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Precoro

AUGUST 26, 2021

Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined. Procurement.

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Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 105

Logistics Bureau

MARCH 15, 2022

Related articles on this topic have appeared throughout our website, check them out: How to Select the Right KPIs for Supply Chain Benchmarking. KPI Key Performance Indicators in Supply Chain & Logistics. Know Your Supply Chain KPIs – Procurement. The Best KPI: The Probability of a Perfect Order.

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Benchmarking KPI Supply Chain Supply Chain Performance 98

Logility

APRIL 2, 2020

Lastly, develop Key Performance Indicators (KPIs) around those measures. A good KPI will be measurable against some benchmark or criteria. It’s relatively easy to identify a large number of KPIs to monitor – but it can be a lot harder to capture the data you’ll need. Featured Download. First Name * Last Name * Email *.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Data diagnostics to ensure the inputs are accurate, KPI monitoring and alerts for intervention and root-cause analysis are essential components to guide the planners. .

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Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

Logistics Bureau

NOVEMBER 9, 2021

Related articles on this topic have appeared throughout our website, check them out: How to Select the Right KPIs for Supply Chain Benchmarking. 11 Golden Rules for Meaningful Supply Chain KPIs. KPI Key Performance Indicators in Supply Chain & Logistics. Know Your Supply Chain KPIs – Procurement.

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Benchmarking KPI Supply Chain Performance Procurement 105

Logistics Viewpoints

DECEMBER 5, 2022

These procurement professionals can look at how forwarders and carriers are performing by lane, and what the performance trends are for these partners. That increases the value of the analytics used by the procurement team. The data from Infor Nexus also helps the transportation teams do better carrier sourcing. Keys to Success.

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Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 278

ivalua

JULY 26, 2022

More and more companies are adopting a low-carbon footprint and sustainable approach to procurement, and for good reason. As we review key considerations in the procurement of ESG products and services, there remains a significant disconnect between words and actions. Incentivize Procurement. Everything starts with people.

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Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Cost Reduction Strategies 130

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. The KPIs here highlight procurement, production, logistics, and customer fulfillment.

S&OP 111

S&OP Supply and Demand Supply Chain Planning Software Optimal Sourcing 111

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Procurement Cost. Inventory Turnover (Cash).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Silvon Software

JUNE 23, 2020

Remember that the KPI you want to measure today, may not be the one you want to measure tomorrow. DSO also is part of the Cash-to-Cash Cycle Time KPI – a more complex KPI featured in many supply chain dashboards. I address this particular KPI is more detail later below. Sales to Forecast and Sales to Outlook.

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Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

Silvon Software

SEPTEMBER 26, 2023

In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives. While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures.

Procurement Analytics 105

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 105

Precoro

JULY 16, 2023

We have selected 5 fundamental KPIs that purchasing managers should consider. Performance and Reliability of Contracted Suppliers This KPI is a reflection of how efficiently the company cooperates with the contracted suppliers. It’s important to realize that emergency purchases are bound to happen at some point.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

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Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. This process is called Key Performance Indicator mapping, also known as developing KPIs.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

ToolsGroup

JULY 6, 2023

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. I’m delighted to be recognized along with so many other impressive women leaders,” said Kuznetsova. Read the press release here. “In

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ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

DELMIA Quintiq

MAY 21, 2018

Most would require a lengthy procurement period and perhaps an even longer rollout phase. The Quintiq solution uniquely allows companies to properly balance changing KPI goals at varying points in time, in order to produce realistic, executable plans. This is to respect the customer’s short- and long-term constraints.

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Supply Chain Planning Software Sustainability Logistics Network Optimization Software Modeling 168

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. In a world that rarely plays by the rules, Michael and Stefano embody ToolsGroup’s relentless focus on delivering value to customers,” said ToolsGroup CEO Joseph Shamir. “In Go to www.SDCExec.com.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Supply Chain Opz

MAY 28, 2013

As you may notice, supply chain maturity model is like "KPI" but its expressed qualitatively and you have to use it strategically. 2) Procurement Maturity Model. There are lots and lots of procurement professionals who cant really break away from "buy cheapest things" mindset. 3) NPD Maturity Model.

Modeling 113

Modeling Modeling Software Agile and Lean Supply Chain Supply Chain Software 113

GlobalTranz

JULY 7, 2015

Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location. Pulling data from KPI helps your reverse supply chain system run fast and effectively when embarking on the disposition process.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

Taulia

OCTOBER 7, 2021

The procurement process is a critical business function, but how do you measure how effectively the process is managed in your business? Setting KPIs for your procurement department can help to demystify their performance and deliver insights into where improvements can be made. Procurement ROI. Supplier defect rate.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 52

SCMDOJO

OCTOBER 7, 2022

We should also note that there is a thin line between quality KPI and productivity KPI. Some of the most important KPIs present in Quality are – Order Fill rate, Stockout rate, Picking accuracy, Replenishment accuracy, and Customer Satisfaction Rate. Improve engagement at the workplace. Helps understand key lagging areas.

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Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 137

Bristlecone

MAY 21, 2021

Did you know that advanced analytics, when used in lieu of traditional statistical models, can help procurement departments increase cost efficiency by 3-8%? [1]. The procurement department of any business generates more data than is humanly possible to compute and comprehend through traditional means. Operational Procurement.

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Procurement Analytics SAP Procurement Solutions Negotiate Pricing 52

Proxima

JULY 29, 2022

We’re proud to champion women in the procurement sector at Proxima and are passionate about supporting the careers of the women in the business through every stage of their careers. Prior to joining us, she worked client side leading strategic marketing and communications projects from a procurement standpoint.

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