Procurement Insights

OCTOBER 8, 2024

Here are the Top 3 concerns for CPOs in 2019: Cost Reduction and Efficiency Digital Transformation and Procurement Technology Supplier Risk and Disruption Management Conclusion: In 2019, CPOs were at the intersection of cost management, digital transformation, and sustainability.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Jaggaer

APRIL 8, 2019

Even if that is not the case, it could damage your relationship with a preferred supplier or business partner. Then there is the opportunity cost involved in having procurement professionals chasing down transactions or suppliers. You could also be exposed to other legal risks.

Contract 66

Contract Purchasing Suppliers Quality 66

Procurement Heads

MAY 31, 2023

We have a challenge to onboard new suppliers to make sure they have the skill and capabilities required to help move us forward, not just in the rail grinding project but in all of the projects we are currently involved in. I am a big believer in supplier relationship management. The team is quite new, so everyone is learning together.

Negotiation 130

Negotiation Supplier relationship management Suppliers Buyers 130

Supply Chain Game Changer

OCTOBER 1, 2022

Consider investing in insurance policies that cover these types of global risks, and diversify your business to other suppliers and partners to avoid a total standstill in the case of an unforeseeable event. Many companies are also turning to AI to help them monitor geopolitical risks.

Supply chain 92

Supply chain Ethics Supply Quality 92

Procurement Insights

APRIL 18, 2023

Hints: 2002 – Adapting To Supply Network Change Navi Radjou ( நவி ராஜூ ) Forrester 2012 – Study: less than 1% of the world’s data is analysed, over 80% is unprotected John Burn-Murdoch The Guardian 2013 – IDC Report: Less Than 5% of All Data Analyzed IDC 2018 – Up to 73 Percent of Company Data Goes Unused for Analytics.

Data 45

Data Procurement Networking Suppliers 45

SPLC (Sustainable Purchasing Leadership Council)

MARCH 27, 2018

New Market Research Shows Best Tools for Rating Suppliers’ Sustainability. Washington, DC – The Sustainable Purchasing Leadership Council (SPLC) released a free market research guide that allows organizations to easily identify high-quality tools for rating the sustainability of their suppliers.

Sustainability 40

Sustainability Suppliers Supply Chain Efficiency Chief Procurement Officer 40

Procurement Heads

MAY 9, 2023

We are committed to doing business with environmentally and socially responsible suppliers. With 13,000 global suppliers that is a huge undertaking. For example, moving to the United States in 2012 was a massive risk. IBM’s annual corporate environmental reporting first began in 1990 and has continued each year since.

Risk 130

Risk Procurement Sustainability Supply chain 130

Procurement Heads

MAY 9, 2023

We are committed to doing business with environmentally and socially responsible suppliers. With 13,000 global suppliers that is a huge undertaking. For example, moving to the United States in 2012 was a massive risk. IBM’s annual corporate environmental reporting first began in 1990 and has continued each year since.

Risk 130

Risk Procurement Sustainability Supply chain 130

Claritum

NOVEMBER 28, 2016

Increasing level of supplier collaboration. Supplier relationship management. Supplier risk and management. Supplier information management. 30% Cost control and supplier negotiations. CHALLENGES TO ORGANIZATIONS’ SUPPLIER RELATIONSHIPS. 31% Poor supplier dispute / query response times. Lost invoices.

Procurement 50

Procurement Eprocurement Networking Sourcing 50

Supply Chain Game Changer

NOVEMBER 20, 2018

Since 2012, China has been the world’s number one trading country, and it shows no signs of moving from this spot anytime soon. Design and innovation is another main driver, Chinese suppliers can provide a seemingly endless supply of unique and expertly-designed products that you simply will not be able to find elsewhere.

Import 46

Import Export Supply Chain Efficiency Supply chain 46

Supply Chain Opz

SEPTEMBER 15, 2013

And on 25 May 2012, they made a very remarkable achievement by being the first privately-fund company who could send cargo from the earth to the International Space Station. Another reason is that custom parts by aerospace suppliers are super expensive and it takes years to develop. Keeping it in-house makes perfect sense.

supply chain budgeting 83

supply chain budgeting Supply Chain Optimization Supply chain Supply 83

Let's Talk Supply Chain

JULY 27, 2022

The premise for the company was working with local companies across Alabama, Georgia, and Northern Florida developing tools to provide more visibility into their suppliers across their supply chain. I’ve consulted several cloud procurement & supply chain application providers (2008-2012) and influenced their product roadmaps.

Agile and Lean Supply Chain 115

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

Procurement Insights

MAY 21, 2024

I then began my research, including a review of the July 13th, 2012, white paper SpendMatters / Achilles White Paper: Is Your Supplier Qualification Process a Competitive Disadvantage? So, even though I had never really heard of them until they called me, this was my starting point.

Suppliers 52

Suppliers Import Procurement Data 52

Supply Chain Game Changer

NOVEMBER 23, 2018

My greatest achievement in Business is leaping off the corporate ladder in 2012 to found ProcurePro Consulting with a goal to help clients optimize their procurement spend and save money while providing a fun and inclusive work place where like minded procurement professionals can do their best work. www.ProcurePro.ca.

Leadership 80

Leadership Supply Chain Optimization Supply chain Strategic sourcing 80

Barkers Procurement

FEBRUARY 26, 2024

In 2012 I read a life-changing book called Collapse – Why Civilisations Choose to Fail, by Jarrod Diamond. Legislative Change In 2012 I argued that consumer and stakeholder pressure would not be enough to allow sustainable measures to become accepted good practice, and that legislative pressure would be needed.

Sustainability 52

Sustainability Procurement Agile and Lean Supply Chain Supply chain 52

Supply Chain Game Changer

FEBRUARY 16, 2020

How To Differentiate With A Supplier Relationship Management (SRM) Program! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. As stated, IWAY is Ikea’s Supplier CoC. Subscribe Here! Email Address.

Procurement 54

Procurement Supplier relationship management Supply Chain Efficiency Suppliers 54

SPLC (Sustainable Purchasing Leadership Council)

AUGUST 24, 2017

Fortunately, that happened in December of 2012, when I became Director of Sustainability and Business Continuity. A few months later, Fiat (not yet FCA) joined forces with Chrysler to publish a joint report for 2012. How did your organization make sustainability in procurement a priority? Achievements and Challenges.

Supply Chain Efficiency 40

Supply Chain Efficiency Sustainability Buyers Purchasing 40

Supply Chain Opz

AUGUST 16, 2013

Lambert et al 1998 extended the concept in the article " Supply Chain Management: Implementation Issues and Research Opportunities " by building a conceptual model of supply chain management which includes the functions inside a focal company, tier 1 and tier 2 supplier/customer and 9 types of strategic supply chain processes.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 40

Value Match

MARCH 16, 2023

This day was established by the United Nations in 2012 and has since been observed by countries around the world. Procurement teams and stakeholders should be aware of the importance of the protection and planting of trees as part of their supplier carbon reduction plans and community projects.

Import 52

Import Sustainability Bidding Quality 52

Positive Purchasing

JANUARY 11, 2024

All of which is enshrined in legislation via the Public Services (Social Value) Act 2012. Smart organisations are now telling their suppliers that they require their support, as they need to capture all the Social Value in their supply chain too. Suppliers who want to work with the public sector need to start thinking long-term.

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Planergy

AUGUST 9, 2022

How AP can improve relationships with your key suppliers. In this article, we’ll look at the benefits of dropshipping, its business model, wholesalers and suppliers, and everything in between. You forward the order to the dropshipping supplier. The supplier packages the item(s) and ships it. Download Free Copy.

Order Fulfillment 52

Order Fulfillment Inventory Purchasing Suppliers 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Furthermore, the guidelines spelled out in IWAY established a new normal for the future of Ikea’s requirements on suppliers. What is IWAY?

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Supply Chain Game Changer

NOVEMBER 17, 2018

Michael contributed an article for us on 7 Essential Attributes of Strategic Supplier Partnerships! . Our close relationship with the supply chain program at the University of Texas netted us the inaugural Sponsor of the Year in 2012. You couldn’t help but he impressed with Michael. The trophy looked great outside my office!

Leadership 74

Leadership Supply Chain Optimization Supply chain Supply 74

Supply Chain Game Changer

NOVEMBER 24, 2018

But in the 21 st century, more and more have recognized that Apple’s profitability and competitive advantage have come from a world-beating Supply Chain ( one analysis from 2012 outlined how the company turns around its inventory in a staggering five days ).

Supply chain 48

Supply chain Leadership Supply Supply chain management 48

Supply Chain Game Changer

NOVEMBER 15, 2018

The chain has lost 500 milion restaurant visits since 2012, according to CIPS, as customers have flocked to more fast-casual alternatives. The brand has taken a hit, and now the company is relying on its prodigious Supply Chain to innovate and turn things around.

Supply Chain Efficiency 42

Supply Chain Efficiency Supply chain Supply Supply chain management 42

The Procuretech Podcast

JUNE 7, 2022

He mentions SAP purchasing Ariba in 2012. Is he seeing a move away from the suite-based approach, towards people using something like TealBook as somewhere to store their supplier data, contracts, and so forth, then P2P can be a separate tool that fits into that.? Supplier Relationship Management (SRM).

Procurement 52

Procurement Sourcing Contract management Data 52

Supply Chain Game Changer

JANUARY 29, 2020

Later in the year 2012, it was further reduced to 3.5% Refiners, shippers, suppliers, owners and vessel operators cannot afford the penalties of non-compliance. Refiners must focus on relationships with suppliers and other logistics companies now to negotiate term deals for fuel. Actually, this is not at all recent.

Agile and Lean Supply Chain 67

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 67

Supply Chain Game Changer

MARCH 12, 2019

I hired a team, secured three (3) Asian suppliers, 3 software suppliers ( US, France, and Taiwan). From 2007 – 2012, I worked at Celestica. As Celestica, we were usually not the biggest supplier to our clients. We built that business to over $50M in less than 4 years. We successfully sold that company to US Bank.

Leadership 43

Leadership supply chain software solutions Supply Chain Optimization Supply chain 43

Jaggaer

JANUARY 14, 2020

A 2012 Survey found that half of Fortune 1000 leaders saw reducing non-product costs as an option to provide savings without disrupting business. For example, contract analysis that uses previous data to identify opportunities and weaknesses in your supplier agreements offer savings beyond what humans might negotiate manually.

Supply Chain Efficiency 40

Supply Chain Efficiency Raw materials supply chain budgeting Supply Chain Optimization 40

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 2012, Amazon bought KIVA Systems, a maker of robots that service warehouses which kicked off the boom of warehouse automation.

Leadership 70

Leadership Supply chain Networking Logistics 70

Pipefy

JUNE 12, 2024

It was initially released in 1996, and the latest iteration is COBIT 5, which was released in 2012. ITIL v4 is the current iteration as of 2024 and is designed for modern IT technologies including process automation, cloud computing, and DevOps.

Risk management 52

Risk management Project management Risk Management 52

Planergy

AUGUST 30, 2022

How AP can improve relationships with your key suppliers. Method, a green cleaning company, founded in 2000 and acquired by Ecover in 2012, is another example of how successful businesses can use multiple innovation types. How to capture early payment discounts and avoid late payment penalties. Download Free Copy.

Innovation 52

Innovation Networking Real-time Visibility Purchasing 52

Procurement Talk with David Byrne

MAY 2, 2023

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes “As a consultant I had direct access to the chief executive. As a secondee, to go anywhere near the chief executive wasn’t going to happen.”

Procurement team 52

Procurement team Procurement Chief Procurement Officer Collaboration 52

Procurement Software

AUGUST 8, 2023

Ariba was still predominantly an eAuctions platform and had yet to be acquired by their German parent company SAP, which didn’t happen until 2012. It’s not as simple as changing your mobile phone supplier. Cloud hadn’t really made much of an imprint on the Source-to-Pay (S2P) space. In 2010, the company raised $7 million in funding.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain supply chain budgeting Procurement team 52

Supply Chain Brain

MARCH 19, 2018

What’s more, the global orderbook for new ships stands at half the level of 2012-2015. Customers are turning to their suppliers and asking us to do more with less,” said Slack. And while supply and demand have yet to achieve balance, the results of 2017 were a considerable improvement for carriers over the prior two years.

Export 40

Export Demand Inventory Supply 40