Procurement Tactics

AUGUST 25, 2022

In 2014, he took a new role to transform public procurement at the Health Promotion Board (HPB) which is a statutory board under the Ministry of Health, Singapore. . Suppeco allows its customers in any industry to optimize its customer-supplier ecosystem to push for innovation and growth. Omid Ghamami. Stephany Lapierre. Mark Perera.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

ivalua

APRIL 20, 2023

Hutchinson started digitalizing procurement in 2014 with Ivalua’s supplier relationship management and spend analysis modules. Headquartered in Paris, France, Hutchinson employs around 40,000 people across 100 sites in 25 countries. In 2022, it generated a revenue of €4.400 billion.

Eprocurement 130

Eprocurement Procurement Supplier relationship management Spend management 130

Supply Chain Opz

MARCH 21, 2014

Background Even though re-shoring concept has been adopted more and more by companies of all sizes, maintaining the good control of overseas facilities and keep the good relationship with overseas suppliers is still very important. To drive cost of generic products down, using overseas suppliers is a very good option.

Supply chain 61

Supply chain Supply Global sourcing Quality 61

Procurement Insights

JANUARY 4, 2024

It is, therefore, reasonable to assume that if managing in-process purchase orders is done effectively, then the “hand-off” to managing payment of supplier invoices should be virtually problem-free. 53% of midmarket B2B companies are using spreadsheets to manage their accounts receivable (2014 study by e2b teknologies).

Purchase orders 80

Purchase orders Purchasing Supply chain Management 80

Jaggaer

JANUARY 20, 2025

The partnership will leverage JAGGAER’s intelligent Source-to-Pay and supplier collaboration platform to support Saudi Arabia’s digital transformation objectives through JAGGAERs AI-driven insights, enabling real-time risk management, optimised spending and efficient decision-making, enhancing resilience across supply chains.

supply chain software solutions 52

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

Procurement Insights

MARCH 18, 2025

But real breakthroughs come when the two work hand in hand – It will be won by companies that build highly collaborative relationships to unlock the full potential of their partners, suppliers, and employees. This is one of key supply chain functions. With smart partnerships you can have a 1000 lightbulb moments instead of one.

Collaboration 40

Collaboration Innovation Supply chain Suppliers 40

Jaggaer

FEBRUARY 28, 2025

Commercial reforms in the UK Civil Service started in 2014 the late Lord Heyward recognised that professional acumen needed to be improved, and standards raised. This means that organisations lack the ability to leverage their extensive data sets, missing opportunities for insights into procurement, service delivery, and supplier behaviour.

Procurement 52

Procurement Real-time Visibility Data Contract 52

Procurement Tactics

SEPTEMBER 19, 2022

The job of these officers may involve qualifying new suppliers, ensuring quality performance, and supporting supplier diversity policies. . It played a key role in ESG reporting programs for the 2010 and 2014 Paralympic and Olympic Games, the 2015 Canada Winter games, and the 2018 Special Olympics USA games. Reeve Consulting.

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

The Thomas Blog

JULY 6, 2022

If you tried to replicate all of the supplier evaluation activity on the platform that happens in a single month, it would take you 7.5 The industry's most trusted sourcing platform at Thomasnet.com hosts more than 500,000 North American suppliers and brings millions of buyers each month. years — without sleeping. Continental.

Networking 98

Networking Buyers Budget Suppliers 98

Procurement Templates

NOVEMBER 11, 2022

This should be achieved through asking the supplier specific questions: o at selection stage, seeking evidence of developing and maintaining skills relevant to the contract in question o at award stage, seeking the supplier’s proposals for skills development and apprenticeships in performance of the contract. • Where appropriate (e.g.

Procurement 130

Procurement Contract Supply Chain Efficiency Bidding 130

Procurement Insights

MARCH 19, 2023

. ” Besides providing in-depth and compelling industry stats regarding the predatory buying practices of the retail giant, the Vlasic Pickles story perfectly illustrates the consequences of unbalanced power in buyer-supplier relationships.

Buyers 45

Buyers Suppliers Inventory Sourcing 45

Procurement Insights

SEPTEMBER 3, 2022

Needless to say, that puts added pressure on their suppliers’ cash flow, forcing the latter to choose which customers to divert their limited resources to serve their needs. The study found that manufacturers who paid their suppliers on time received the best from the standpoint of service and quality versus those that paid late.

Suppliers 45

Suppliers Buyers Import Quality 45

Procurement Tactics

SEPTEMBER 22, 2022

Thus, it is not just about finding the right suppliers as it considers how to reduce the impact of a product’s life cycle. . IKEA sources almost half of its wood from sustainable forests which is also the same for its cotton suppliers. Adobe was the greenest IT company in Newsweek’s 2014 rankings.

Sustainability 130

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 130

Procurement Insights

OCTOBER 24, 2022

Point #1 – Going back to my 2008 & 2014 posts, McKinsey & Company survey of CFOs found that the C-Suite did not believe that procurement was delivering savings or value to the overall enterprise. 2008/2014 posts – [link].

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Procurement Heads

JANUARY 25, 2023

Back then I was responsible for a large portfolio of international suppliers and it was fascinating to me. I say partners very meaningfully, as I believe that having suppliers is very different from establishing partnerships. We have been working hard to improve our relationship with our suppliers. First of all, people.

Sustainability 130

Sustainability Supply Chain Efficiency Influencing 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

Jaggaer

APRIL 22, 2019

Germany introduced its CSR Directive Implementation Act in response to the EU Directive 2014/95/EU, which requires companies to report on environmental, social, and labor and human rights risks and practices not only in their own operations, but also in the supply chain. Clear steps to sustainable procurement.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

ivalua

JANUARY 22, 2019

A leading Telco leveraged the flexibility of the Ivalua platform to create a private marketplace where suppliers can bid for used mobile phones in mass volumes, generating hundreds of millions of dollars each year. Just a couple of examples: Revenue. Innovation.

Procurement 113

Procurement Agile and Lean Supply Chain Innovation supply chain software solutions 113

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. It’s become standard for companies to train their employees on negotiation tactics to get better deals from suppliers, but these skills are also useful outside of the buyer -supplier relationship. Supplier negotiation isn’t easy. Be Prepared!

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

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 2014 Rule was for class III devices. FDA Mandated Unique Device Identification (UDI). The 2016 Rule was for class II medical devices.

Supply Chain Efficiency 85

Supply Chain Efficiency Supply chain Supply Suppliers 85

Supply Chain Collaborator

APRIL 21, 2015

The full list will be published in the April 2014 issue. UltraShipTMS has recently been attracting a growing list of new retail industry clients which Sadowski notes, “are routinely focused on the challenges of managing inbound logistics for the thousands of SKUs they bring into distribution centers from hundreds of different suppliers.”.

Logistics 60

Logistics Supply Chain Optimization Route optimization supply chain software solutions 60

Procurement Heads

JUNE 14, 2023

We have a pitch platform where any supplier can send us a five-minute video showcasing their ideas and how they can improve the railway. We facilitate conversations between the suppliers and the business to see if what’s proposed can be trialled and perhaps rolled out more widely. Happily, we did this two-years ahead of schedule.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Arkestro

OCTOBER 21, 2024

Nurturing Innovation at the MEMA Annual Auto Conference Cultivate the Future of Automotive with Arkestro The MEMA Original Equipment Suppliers Annual Conference is a two-day event which brings the supplier and manufacturer communities together to foster connections in the heart of the automotive world.

Innovation 52

Innovation Influencing Suppliers Procurement 52

The Network Effect

JANUARY 12, 2015

Note: In honor of a similar post from last year, I thought I’d do an update for 2014. Having spent a lot of my time in 2014 in the board rooms and corner offices of companies around the world, I can say without a doubt that this is no longer the case. Conclusion.

Supply chain 57

Supply chain Supply Consumer demands Real-time Visibility 57

Procurement Insights

NOVEMBER 27, 2023

21, Harvard Business Review reported on how Scoutbee ’s customers, Unilever and Siemens , use our AI-powered solutions to swiftly find and engage with alternative suppliers during unexpected disruptions.” “On Nov. ” – Scoutbee LinkedIn post (Nov. ” – Scoutbee LinkedIn post (Nov.

Leadership 52

Leadership Procurement Suppliers Collaboration 52

The Network Effect

JULY 29, 2014

World revenue for OTC medicines could reach $80B US by the end of 2014, supported by the trend for drugs to move from prescription to OTC. This allows the supply network to be easily rolled out to multiple sites within the enterprise and also adopted by new suppliers and customers. only half the equation. distribution as well.

Supply chain 68

Supply chain Distribution channels Supply Networking 68

Barkers Procurement

JULY 12, 2023

It will certainly necessitate excellent communication between the water companies and their suppliers to ensure data is precise and valid. Indeed, AMP8 is expected to enforce that suppliers have, or are working towards, science-based targets (SBTs) by 31 March 2026.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Contract Suppliers 52

EazyStock

MAY 28, 2019

Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating best pricing with suppliers rather than trying to figure out what to buy! So I am anchored to the Continent in a unique way that I take every opportunity to boast about! How do tasks change when you implement automation solutions?

Quantity 49

Quantity Negotiation Inventory Suppliers 49

Procurement Insights

AUGUST 26, 2024

On a personal note, one of the best honors I received was being given an American Flag that was flown over the State’s capital building regarding my session at the 2014 Public Procurement Forum on “Bridging the Disconnect Between Finance and Purchasing.”

Procurement 52

Procurement Eprocurement Supply Chain Efficiency supply chain software solutions 52

Supply Chain Game Changer

SEPTEMBER 16, 2020

What once used to be a field strictly about getting goods from point A to point B has become one where the top performers use sophisticated technology and supplier relationship management to provide untold cost savings, risk mitigation and innovation. As a result, educational opportunities have increased.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Procurify

JUNE 8, 2022

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. . This way, organizations can spend more time with fewer suppliers. .

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Supply 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

Let's Talk Supply Chain

JUNE 5, 2023

From 2014 to 2016 Jonas was a Key Account Manager and Business Development Manager and in 2016 he took over responsibility for Leschaco’s global digitization efforts as Head of Global Business Transformation. Check out our other podcasts HERE.

supply chain budgeting 59

supply chain budgeting supply chain software solutions Supply Chain Optimization e2e 59

Value Match

AUGUST 4, 2022

The human right and modern slavery abuses go back further, with reports as far back as 2014 outlining employees of the Leicester textile sector earning just £3 an hour! Recently Missguided went into administration with considerable debts owed to suppliers, including Leicester based manufacturers.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Ethics Supply 52

Let's Talk Supply Chain

AUGUST 21, 2023

With over $8 billion of product sourced, nearly 1 million RFQ’s and over 50,000 buyers and suppliers involved, they are the world’s largest manufacturing marketplace. From 2014 to 2017, Mr. Kress served as Chief Operating Officer then President at Open English, an online education platform. Today I’m joined by MFG.

supply chain software solutions 52

supply chain software solutions e2e Buyers supply chain budgeting 52

Claritum

JANUARY 8, 2020

By orchestrated, we mean that the process of establishing and managing suppliers within the Marketplace is totally under the control of the organisation’s Procurement team. Although the suppliers can make changes, they do so with the approval of the Procurement team. Timesaving on supplier data exchanges. Elimination of paper.

Eprocurement 47

Eprocurement Purchasing Influencing Suppliers 47

EazyStock

MAY 28, 2019

Today, Amex Auto Spares’ local procurement staff spend considerably more time negotiating the best pricing with suppliers rather than trying to figure out what to buy! So I am anchored to the continent in a unique way that I take every opportunity to boast about! How do tasks change when you implement automation solutions?

Quantity 40

Quantity Negotiation Inventory Suppliers 40