Procurement Tactics

DECEMBER 5, 2022

33 Procurement Interview Questions in 2022. Dragon Sourcing India is an international company based in Shanghai, China which was founded in 2004. Negotiation Course For Procurement Professionals. Download Whitepaper →. . Or receive our famous weekly newsletter. However, why do companies source in India? Dragon Sourcing India.

Sourcing 182

Sourcing Quality Suppliers Price 182

Procurement Insights

JANUARY 30, 2024

EDITOR’S NOTE: Mathew Schulz’s January 29th, 2024 post on “The Ritz-Carlton $2,000 rule” has a lesson for the C-Suite regarding their procurement department. Here is an excerpt of a 2004 study assessment I wrote that links your The Ritz-Carlton Hotel Company, L.L.C.

Procurement 59

Procurement 59

Procurement Insights

APRIL 1, 2025

Evidence: Hansens RAM philosophy (Procurement Insights, 2025) advocates lean tools ($1M-$5M savings) over bloated suites ($10M-$20M), aligning with this efficiency. sourcing to procurement, invoicing to AP) fosters ownership and ensures usage aligns with team goals, unlike centralized S2P where accountability diffuses.

e2e 52

e2e Real-time Visibility Sourcing Strategic sourcing 52

Procurement Insights

APRIL 21, 2024

Vendor Irrationalization Before answering that question, read the following excerpt from an April 2009 paper, “Utilizing an Intelligent Filtering Platform to Enhance Contract Performance (A Procurement Insights Knowledge Leadership Publication).”

Contract 75

Contract Leadership Purchasing Price 75

HICX

MAY 9, 2024

HICX Founded: 2004 Location: San Francisco, US CEO: Costas Xyloyiannis HICX specialises in helping organisations optimise their supplier management processes, ensuring compliance, efficiency, and transparency throughout the supplier lifecycle. See Procurement Mag’s list

Supplier relationship management 52

Supplier relationship management Procurement Risk management Suppliers 52

SCMDOJO

MARCH 25, 2022

and J-P Rodrigue (2004)). Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. This organization was renamed the Council of Logistics Management (CLM) in 1985 and the Council of Supply Chain Management Professionals (CSCMP) in 2004.

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

ivalua

MAY 21, 2014

In 2004, Walmart wasn’t concerned about Amazon; it was just an upstart online bookstore. Professionals in demand planning, procurement, logistics, fulfillment, sourcing: step up and take ownership of your area. Remember Walmart and Amazon in 2004 and look at them now. Innovation cycles are short and becoming shorter.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 100

Procurement Insights

AUGUST 16, 2024

It is my position that a true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders starting at the local or regional level. To start, here is an excerpt of a post I wrote in Sept. This is the cornerstone of agent-based modeling.”

Procurement 52

Procurement Supply Chain Efficiency Management Supply chain 52

Procurement Insights

NOVEMBER 19, 2023

Editor’s Note: The following response/post was inspired by another interesting LinkedIn share by Joël Collin-Demers under the heading: “Standing up a new centralized Procurement department is a tough gig.”

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Collaboration 52

The Good Spending

MAY 13, 2024

NHS soon announced that the procurement process for the program would be structured to attract global IT players. Lorenzo, iSoft's flagship software system, would be "available from early 2004." Procurement learnings Unrealistic deadlines? My Udemy course "Value-based Procurement." My Udemy course "Procurement Lab."

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

Procurement Heads

AUGUST 11, 2022

When did your interest in procurement and supply chain begin? It was back in 2004 in Romania – I am Romanian – and at the time I was working as a Marketing Assistant at British American Tobacco. Soon after, a great opportunity came with Heineken global procurement whose headquarters is in Amsterdam.

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130

Procurement Insights

MAY 27, 2024

The obvious question is why, after more than 40 years in the high-tech and procurement industries, I had not heard of this company before now? Delivery performance and product quality also improved dramatically.)” Brady and Notani have taken the agent-based concept to a whole new level.

Real-time Visibility 81

Real-time Visibility supply chain software solutions Supply Chain Efficiency e2e 81

Supply Chain Opz

SEPTEMBER 14, 2013

In 2004, Kasra Ferdows, Michael A. 3) Utilize work cell organization : each new product development team has its own designers, sales, procurement and production planners the same way as in a cellular manufacturing. Lewis, and Jose A.D. Machuca published the article on Harvard Business Review named " Rapid-Fire Fulfillment ".

Supply chain management 91

Supply chain management Supply chain management Agile and Lean Supply Chain Supply chain 91

Procurement Insights

AUGUST 18, 2024

However, this one is developing into an insightful and necessary discussion stream about GenAI and procurement. Regarding today’s Procurement Insights post, why is it so difficult to get an answer to the following – Please show me the results and confirm that you are a profitable organization. Please look at the results.

supply chain budgeting 52

supply chain budgeting Project management Budget Procurement 52

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Days and years went by, and eventually, the ’93 Ford Escort was living in the hybrid-dominated world of the year 2004. Time and technology had progressed, and there were a plethora of better alternatives on the market in 2004. Subscribe Here! Email Address. Responsible Sourcing.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Procurement Insights

NOVEMBER 26, 2023

EDITOR’S NOTE: This post was originally published in the Procurement Insights blog on December 3rd, 2007 – almost 16 years ago. I t was a very ambitious project with an equally ambitious outcome – driving 21st-century procurement. So, why am I reposting it today?

supply chain software solutions 72

supply chain software solutions Supply Chain Efficiency Supply chain Real-time Visibility 72

Positive Purchasing

MARCH 10, 2022

In the second of two guest blogs on the subject, procurement gurus, Mark Perera, and Peter Smith, consider whether we are ready for procurement with purpose and what we need to do to get started. Why should we begin to consider procurement with purpose? Are procurement functions ready? We are learning as a profession.

Procurement 52

Procurement Sustainability Supply Chain Efficiency Suppliers 52

Procurement Insights

OCTOBER 11, 2024

It is my position that a true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders starting at the local or regional level. ALSO: Here is an excerpt of a post I wrote in Sept. This is the cornerstone of agent-based modeling.”

Risk 52

Risk Supply Chain Efficiency Price Procurement 52

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Let's Talk Supply Chain

JULY 27, 2022

Since then, I have developed AI models for a spend visbility application (2004 – 2005). I’ve consulted several cloud procurement & supply chain application providers (2008-2012) and influenced their product roadmaps. while addressing ancilliary processes (tax, legal, change management, etc.)

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Supply 115

Jaggaer

FEBRUARY 12, 2020

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Take, for example, procurement of equipment and supplies in healthcare. In this context procurement organizations must rapidly develop risk mitigation strategies.

Networking 88

Networking Supply Supply chain Suppliers 88

The Procuretech Podcast

JANUARY 18, 2022

Melissa Drew, Associate Partner at IBM is my guest to dive into the topic of use cases for AI in procurement applications. Use cases, opportunities and limitations of AI in Procurement. Melissa starts off by giving a quick whistle-stop tour of her career so far, which includes 27 years in the procurement space in one form or another.

Procurement 40

Procurement Procurement team Data Import 40

Arkestro

SEPTEMBER 5, 2023

Resources / Blog / The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert For automotive procurement teams, navigating the complex landscape of procuring components for vehicles is no easy feat.

Procurement 52

Procurement supply chain software solutions supply chain budgeting Buyers 52

IBM Supply Chain Blog

JANUARY 25, 2024

” In an influential study, it was shown that diverse groups of low-ability problem solvers can outperform groups of high-ability problem solvers ( Hong & Page, 2004 ). Simply put, when the diversity in a group is large, the error of the crowd is small — supporting the concept of “the wisdom of the crowd.”

Import 83

Import Ethics Risk Data 83

Procurement Insights

APRIL 19, 2023

Editor’s Note: David Loseby ‘s recent LinkedIn post about the “myth of the single source solution” took me back to the early 1980s and how procurement’s digital transformation might have taken a different (perhaps better) path had the Mendocino Project materialized. – [link] Kaypro.

Sourcing 40

Sourcing Procurement 40

Supply Chain Game Changer

FEBRUARY 18, 2020

His experience covers the full Logistics spectrum, from raw material procurement to. Provider in ASIA in 2003 & 2004, In 2008, the Society won the Supply Chain Asia Education. physical distribution and eventually Customer Service and care, with a strong grounding in. Quality and Six Sigma. He was instrumental is launching.

Leadership 77

Leadership Supply Chain Optimization Logistics Supply chain management 77

Procurement Express

AUGUST 23, 2024

This technology has been around since 2004, but its adoption has been slow, with an estimated 70% of businesses still not implementing it properly. The Impending Deadline: Google and Yahoo’s New Regulations Now, the major email providers are taking action.

Purchasing 52

Purchasing Risk Sourcing Import 52

Supply Chain Opz

MAY 28, 2013

Anyway, the most widely cited maturity model is the work named " The development of a supply chain management process maturity model using the concepts of business process orientation " from McCormack and Lockamy III in 2004. 2) Procurement Maturity Model. Supply Chain Maturity Model. After that, set your own target to higher level.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain supply chain software solutions Supply chain Supply 45

Claritum

DECEMBER 18, 2019

Claritum Article - Procurement Blog. Canon has been a Claritum customer since 2004 and their continued use of Claritum is a confirmation of our ability to deliver value to our customers over extended periods.” Canon Business Services extends Claritum contract for an additional 3 years. Richard Hillum, Executive Chairman at Claritum. “We

Contract 6

Contract Spend management Quality Management 6

Claritum

DECEMBER 18, 2019

“Canon has been a Claritum customer since 2004 and their continued use of Claritum is a confirmation of our ability to deliver value to our customers over extended periods.” We are pleased to extend our partnership with Canon and assist them in delivering excellence in print procurement services to their customers.”.

Contract 32

Contract Spend management Quality Management 32

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. This is an annual occurrence.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. This is an annual occurrence.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

The Procuretech Podcast

NOVEMBER 2, 2021

At the end of the day, I'm just one person who has a keen interest in digital procurement technology. I'm not an academic or a researcher, but I do take a passionate interest in what is out there and I have some strong views on what I feel should be the priorities when it comes to digital procurement transformations. Spend Matters.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Procurement solutions Procurement 40

Barkers Procurement

NOVEMBER 28, 2022

In addition, in September 2021 the Procurement Policy Note 06/21 came into effect. This can be achieved through actions such as supplier incentives, knowledge sharing of the impact of climate change, producing procurement standards relating to greenhouse gas emissions and ranking supplier programmes.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Supply chain Suppliers 52

SupplyShift

JUNE 2, 2021

Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities. In other words, “responsible supply chains” will no longer just be a trend but rather a core priority amongst procurement teams. . This was the largest difference in performance recorded since 2004. In many ways, he was eerily prescient.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sustainability Supply 52

Supply Chain Brain

JANUARY 15, 2018

Passage of the American Jobs Creation Act of 2004 allowed U.S. In theory, the money could be put to work building new factories, increasing output and hiring more American workers. But the results from previous tax holidays have not been encouraging. multinationals to repatriate foreign profits at a tax rate of 5.25 The law enriched the U.S.

Consumer demands 40

Consumer demands Demand Inventory Risk 40

SupplyShift

JUNE 2, 2021

Deloitte’s 10th Annual Chief Procurement Officer Survey mirrors this shift in priorities. In other words, “responsible supply chains” will no longer just be a trend but rather a core priority amongst procurement teams. This was the largest difference in performance recorded since 2004.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Sustainability Supply 40