Procurement Tactics

AUGUST 29, 2022

Lousin began her career in finance in 2001, on the high-pressure trading floors of investment banks. The book, Breakthrough International Negotiation that he co-authored with Susan Rosegrant won the CPR Institute’s Prize for the best book in the field of negotiation in 2001. . Marijn Overvest.

Negotiation 130

Negotiation Influencing Strategy Leadership 130

Spend Matters

AUGUST 8, 2022

Categories: Accounts Payable , P2P , Payments , Procurement Systems & Architecture , Spend Management , Technology Tags: PRO Medius began life in 2001 in Sweden as an AP automation solution; in 2006 it opened offices in Norway, Denmark and the Netherlands; in 2008 in Poland. Read more. ).

Market analysis 75

Market analysis Spend management Buyers Change management 75

ivalua

MAY 21, 2019

Spend Management software has emerged as an increasingly strategic tool for businesses, boosting profitability by streamlining procurement processes, improving collaboration with suppliers and optimising cash flow. Realise the possibilities at www.ivalua.com. Group, Despegar and Ola. About ARDIAN.

Innovation 100

Innovation Spend management Management Strategy 100

Supply Chain Trend

AUGUST 13, 2020

System Complexity The interconnectivity of elements within a system as well as between a system and its environment (Chan, 2001). They will have more free time to strategize, communicate, and collaborate with peers, customers and suppliers. Chan, Serena, Complex Adaptive Systems (2001). IBP ENVIRONMENT. Photo credit: [link].

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Procurement Insights

DECEMBER 14, 2024

Provides data on suppliers’ production costs. Beroe Supplier compliance & insights Risk mitigation and procurement intelligence No negotiation training or commodity cost insights. For the last 18 years, this website has helped thousands of supply-chain professionals achieve more success in negotiations with suppliers.

Price negotiations 64

Price negotiations Negotiation supply chain budgeting Price 64

The Good Spending

MAY 13, 2024

NHS IT System (2001-2011) The national program for IT in the health service is the largest civilian computer project in the world. It was spawned in late 2001 and early 2002. How did procurement award contracts to at least two suppliers who relied on iSoft without a working platform? Procurement learnings Unrealistic deadlines?

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

Procurement Insights

MAY 14, 2024

What do the numbers say about external stakeholder retention, e.g., suppliers? Parts 1 and 2 ) In 2001, the first full year in which eVA had been in place, less than 1% of the total “identified” spend was processed through the program. In 2006, 14,371 of the 34,000 suppliers received orders. Yes, Virginia!

Suppliers 58

Suppliers Import Leadership Collaboration 58

Supply Chain Game Changer

NOVEMBER 17, 2018

Michael contributed an article for us on 7 Essential Attributes of Strategic Supplier Partnerships! . We dug that company out of terrible financial difficulty after the “internet bubble” burst in 2001. You couldn’t help but he impressed with Michael. And I am happy to have known him ever since as his career has flourished!

Leadership 74

Leadership Supply Chain Optimization Supply chain Supply 74

The Procuretech Podcast

JULY 12, 2022

In 2001 they were offered the Scottish government's P2P service, which they're still running. Elcom also does work across the UK in the health and education space, where the software covers sourcing, contract management, P2P, inventory, point of care, analytics, and more, along with supplier services such as bid management.

Sourcing 52

Sourcing Contract management Data Inventory 52

Supply Chain Game Changer

NOVEMBER 21, 2018

” In 2001 Doug Laney articulated the concepts of volume, velocity and variety in describing Big Data. This connectivity must extend to all of your suppliers, all of your internal operations, all of your service providers (eg. To truly manage an end-to-end Supply Chain you must have end-to-end visibility to all data in real time.

Data 61

Data e2e Supply Chain Efficiency Real-time Visibility 61

Procurement Insights

AUGUST 30, 2023

Process Understanding and Refinement Drives Success Between 2001 and 2005 75 to 85% of all e-procurement initiatives failed to achieve the promised results in terms of savings. As a result most vendors have developed their solutions to manage centrally negotiated contracts that are combined with an aggressive supplier compression strategy.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurement Software

JUNE 13, 2023

They place a high focus on providing a great user experience and easy onboarding for suppliers. With inputs from consulting organisations, procurement leaders, and suppliers, Krinati’s sourcing, contract management, and supplier management solutions aid businesses to ‘source with control’ through greater compliance and reduced risk.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Insights

SEPTEMBER 25, 2024

For example, it helps to collaborate with suppliers when it comes to procurement. Based on the results for the end clients, I made a mistake that I regret to this day—I sold my company and corresponding patent in 2001 for $12 million. Panasonic bring in different IOT sensors and edge computation methods to us. Hope this helps.

supply chain software solutions 52

supply chain software solutions Supply chain Procurement Networking 52

The Good Spending

SEPTEMBER 14, 2021

Trust suppliers to suggest the realization of what your business demands and let the value measure success. Agile means trust and collaboration There is no agility in the corporate red tape or twisting the supplier's arms for endless discounts. Agile isn't an answer to every need. It is a tool, which works well when applied topically.

Leadership 52

Leadership Negotiation Contract Change management 52

Procurement Software

OCTOBER 10, 2023

This was subsequently popularised in the 2001 book of the same name. Enabling effective communicators and negotiators to spend more time building on strategic supplier relationships, as well as gaining the trust and respect of key stakeholders. Hankin titled “The War for Talent”. Probably not.

Procurement 59

Procurement Real-time Visibility supply chain software solutions Category management 59

Procurement Tactics

FEBRUARY 23, 2023

Because if you fail to convince the supplier about your position in the negotiation, then you will have to go back from the start of the procurement process. Especially when dealing with large,100 million dollar+ suppliers, it often took me months to come from a face-to-face deal to a signed contract.

Negotiation 130

Negotiation Influencing Strategy Import 130

Supply Chain Game Changer

JULY 7, 2020

At global strategy firm CVA, where I led the global logistics practice, supporting expansion projects and Chinese auto suppliers to strengthen their position in the European market. In 2001, La Poste had become a leading player in the express parcel business in Europe. In 2004, I started to drive La Poste’s expansion outside of Europe.

Leadership 70

Leadership Supply chain Networking Logistics 70

Supply Chain Game Changer

NOVEMBER 17, 2020

In reality, a few abrupt moves and getting laid off in 2001 by Dell drove a sharp left-hand turn in my career in 2002 that evolved to where I am today. I’ve come to believe through experience that taking action is best even with incomplete information, especially if you have the right customer or supplier partner.

Leadership 53

Leadership Supply Chain Efficiency Supply chain Import 53

Supply Chain Trend

NOVEMBER 27, 2016

I think the way Amazon sells other suppliers inventory is a simplistic finished good distribution example of S&OP. For example don’t build a bigger warehouse and new warehouse management systems if you can create more of a drop shop program of product from suppliers direct to customers.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Leadership 100

Pipefy

DECEMBER 6, 2023

The retirement of your manufacturing manager, coupled with the recent closure of a major supplier, for example, could explain a slowdown in productivity. Agile methodology Agile methodology is a project management strategy created in 2001 with the software development process in mind.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

Procurement Insights

SEPTEMBER 6, 2024

within 3-months Achieved a 23% on average reduction in MRO cost of goods annually over several years Reduced the collective organizations’ FTE count from 23 to 3 within 18 months Before selling the company in 2001 for $12 million – something I regret doing to this day- we had achieved similar success for the NYTCA.

Stakeholder engagement 64

Stakeholder engagement Procurement Contract Collaboration 64

Procurement Insights

SEPTEMBER 13, 2024

While AI had already been used in procurement for several years—mainly for automation, predictive analytics, and supplier insights—2023 saw a shift towards using generative AI specifically for tasks like: Creating procurement documents (e.g.,

Procurement team 52

Procurement team Supplier negotiation Procurement supply chain software solutions 52