Procurement Insights

NOVEMBER 23, 2023

Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm ( Mulligan and Gordon , 2002).

Suppliers 72

Suppliers Buyers Risk management Supply Chain Optimization 72

Supply Chain Game Changer

NOVEMBER 25, 2018

We see it in something as basic as automatic photo-tagging on Facebook, a process developed by Yann LeCun for the company in 2013. Yes, AI technology isn’t the end but only a means towards effectiveness and efficiency, improved innovative capabilities, and better opportunities. These techniques can be used to predict consumer behavior.

Supply Chain Efficiency 54

Supply Chain Efficiency Agile and Lean Supply Chain Buyers supply chain software solutions 54

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Due to globalization, growing consumer demands on transparency, the pertinence of sustainable development and technological advancements, procurement and supply chain professionals have been highlighted as an integral part of their organizations. Source: Accenture 2013. “An

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

The Network Effect

OCTOBER 1, 2014

I was speaking at a large conference about the major impacts of globalization, technology, and supply chain on commerce. Suppliers who are not yet online risk being excluded from consideration by buyers at all spending levels. Failure to do so leads to turmoil and eventually bankruptcy.

Price 58

Price supply chain budgeting Supply Chain Efficiency Inventory 58

Procurement Software

JUNE 13, 2023

It serves the needs of purchasing managers, procurement professionals and senior buyers. It automates the entire sourcing cycle, improves compliance and transparency, reduces cycle times, enhances teamwork, and promises a near-immediate return on investment. It enables users to allocate, manage and monitor budgets.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

SPLC (Sustainable Purchasing Leadership Council)

MARCH 27, 2018

Each of the rating tools included in the guide were screened against forty criteria that SPLC’s members determined were important for the credible use of supplier sustainability ratings within procurement and supply chain contexts. Transparency International. SustainAbility. UN Environment*. United States Postal Service (USPS).

Sustainability 40

Sustainability Suppliers Supply Chain Efficiency Chief Procurement Officer 40

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. Why Public Sector Procurement Matters and can Accelerate Positive Change? Public Sector annual procurement spend is approximately £300B which equates to over 14% of GDP. Why make the point.

Procurement 52

Procurement supply chain budgeting Ethics Supply Chain Efficiency 52

SPLC (Sustainable Purchasing Leadership Council)

MAY 29, 2019

By establishing an internal green procurement committee and a guidebook for purchasing energy efficient motors, they were able to mandate a minimum of 30% green procurement and then exceed their own mandate by having 83% of their procurements qualify as “green.” John Ferraro Building Efficiency Case Study. They saved $19.4 NRG Energy.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

Procurement Software

FEBRUARY 6, 2024

Their pricing is transparent and you can also use a free version to store limited contracts with just one user. These assist with management of supplier information by improving supplier insights, providing business intelligence, and enhancing buyer-supplier innovation. These all help to drive supply chain impact.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Jaggaer

JULY 23, 2019

Supply chains are multi-tiered and therefore difficult to manage. Buyers will get some guidance from demand analysis to help them buy the correct quantity, but again, this can never be an exact science given the capricious nature of the industry, and variables such as the weather.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

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. Con Edison Sustainable Supply Chain Success. More about this case study. Supplier Leadership Award: HP Inc.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40