Supply Chain Game Changer

MAY 12, 2021

Emerging procurement theory suggests that creating win-win situations within buyer and supplier agreements are the best ways to create long-lasting, engaging, creative, collaborative, and innovative partnerships. Importance of Supplier Collaboration.

Negotiation 69

Negotiation Buyers Bidding Collaboration 69

Procurement Insights

OCTOBER 24, 2022

In short, by focusing on savings, the wrong practices and buyer behaviors were rewarded, e.g., beating down suppliers, vendor rationalization etc. Point #3 – According to Spend Matters , between 2013 and 2018, most CPOs did not believe their teams had the required talent to deliver on their strategic objectives.

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Procurement Insights

OCTOBER 26, 2023

” – Maverick Spend, Change Management, and Vendor Rationalization, Procurement Insights (2013) What is maverick spend? based customers who have contracted vendors, 33 percent of all purchases were from non-contract suppliers. Maverick spend was not the result of obstinate buyers refusing to use the “new system.”

Change management 69

Change management Management Contract Buyers 69

ivalua

MAY 21, 2020

Procurement teams were just buyers who delivered what other departments told them to buy. For example, in many organizations, different business units buy similar products from multiple suppliers instead of buying everything from one supplier and benefiting from economies of scale. It’s changed dramatically.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Supply Chain Game Changer

FEBRUARY 3, 2022

One of the ways by which medical device manufacturers and their suppliers can increase transparency in the medical device supply chain is by using the Unique Device Identification (UDI) system. The UDI Rule was started by FDA in 2013 to develop regulatory mechanisms, track down medical device products, and enhance product safety for patients.

Supply Chain Efficiency 85

Supply Chain Efficiency Supply chain Supply Suppliers 85

Vested Way

JANUARY 30, 2024

The service provider (Supplier) is a global leader in quality-of-life services and is considered one of the top 25 employers in the world. In 2013, the HealthcareCo set out to create a more “strategic” approach, by shifting to an integrated facilities management (IFM) solution. Their relationship spans more than 25 years.

Management 52

Management Contract Budget Price 52

Procurement Insights

OCTOBER 18, 2022

” Throw in a dash of vendor rationalization while ignoring the inherent dangers of a “Pull-Through” contract strategy; it makes you wonder if maverick spend costs “unbelievable amounts of cash.”

Contract 59

Contract Buyers Purchasing Procurement 59

SPLC (Sustainable Purchasing Leadership Council)

JANUARY 10, 2020

She has served on multiple nonprofit boards, including the National Minority Supplier Development Council (NMSDC), the Women’s Business Enterprise National Council (WBENC), the Supplier Ethical Data Exchange (Sedex), and Girl Stats. Learn more and follow the SPLC at sustainablepurchasing.org and @SPLCouncil.

Supply chain 40

Supply chain Leadership Sustainability Purchasing 40

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

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. This is not easy given the current volatility in supply markets.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Supply Chain Game Changer

MARCH 6, 2019

Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. The responsibility of sourcing responsibly is shared between stakeholder, supplier, buyer and society at large. Source: Accenture 2013. “An

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Procurement Software

JUNE 13, 2023

They place a high focus on providing a great user experience and easy onboarding for suppliers. It serves the needs of purchasing managers, procurement professionals and senior buyers. Kritani develops products for eSourcing, contract management, and supplier management, as well as consulting services.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

The Network Effect

OCTOBER 1, 2014

Great experience:It’s clear that today’s B2B customers have very high expectations of their suppliers. Suppliers who are not yet online risk being excluded from consideration by buyers at all spending levels. Contrary to traditional B2B thinking, low total delivered price is a critical factor in B2B buying decisions.

Price 58

Price supply chain budgeting Supply Chain Efficiency Inventory 58

Procurement Software

FEBRUARY 6, 2024

There are 4 individual modules which cover: Procurement analytics i.e. spend analytics Contract management (CLM) Supplier management (SRM) Carbon accounting The Ignite platform also features a Tasks and Initiatives module that allows for progress tracking and objective-driven procurement strategy. These all help to drive supply chain impact.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Value Match

SEPTEMBER 29, 2022

The Public Sector, at an aggregate level, is the single largest UK buyer of goods and services that are not consumer focused. The Public Sector receives goods and services from 100,000’s suppliers, probably millions, there is not an exact figure. Why Public Sector Procurement Matters and can Accelerate Positive Change?

Procurement 52

Procurement supply chain budgeting Ethics Supply Chain Efficiency 52

SPLC (Sustainable Purchasing Leadership Council)

MAY 18, 2018

As a leader in sustainable supply chains, Bon Appétit helped define what it means to source local food through a number of local food programs and extensive partnership programs with nearly 1400 local suppliers. Presented to Sodexo for using local sourcing as a way to make a meaningful social impact in its suppliers’ communities.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

SPLC (Sustainable Purchasing Leadership Council)

MAY 29, 2019

They deployed a global sustainable procurement program that evaluated more than 1,100 suppliers by the end of 2018 using sustainability criteria. Leadership Award for Supplier Engagement: . Supplier Leadership Award: Vizient. Alameda County. They piloted the platform at Northwestern University in 2018 to great success.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40