Art of Procurement

NOVEMBER 16, 2023

Convoy (2015 – 2023) was a freight brokerage that aimed to disrupt a high-volume, low-margin space by applying advanced automation. The post Supply Chain Post Mortem: Convoy appeared first on Art of Procurement.

Supply chain 94

Supply chain Supply Procurement Data 94

The Network Effect

DECEMBER 4, 2015

Logistics vs. Procurement in Your Supply Chain. The post Your Favorite Posts of 2015 appeared first on The Network Effect. Another year at Supply Chain Beyond! We’ve covered a lot of interesting supply chain topics. Listed below were our most read posts of the year. 6 Maps that Explain Global Supply Chains.

e2e 41

e2e Supply Chain KPIs Supply Chain Optimization Supply chain 41

ProcurePort

APRIL 12, 2022

This is a 10-fold increase since 2015. • • Did you know that the average business is using up to 80 IT-sanctioned Software-as-a-Service (SaaS) apps? And, according to Gartner’s 2020 I&O Leaders Survey, SaaS solutions are here to stay. The post What is the Purpose of IT Supplier Strategy?

Strategy 130

Strategy Suppliers Data Procurement 130

Procurement Insights

MARCH 5, 2024

I remember writing a post in 2015 about procurement’s “Generation Next” and the new capabilities they were bringing to the table. – [link] Here we are in 2024 – almost a decade later- and do the skills needed to excel in procurement align with the requirements of a very different world?

Procurement 84

Procurement Supply chain Negotiation Strategy 84

SCMDOJO

JULY 29, 2022

While the previous points of criticism are valid and worth considering, EOQ might help procure both; the repetitive items and the MRO (maintenance, repair and operation) items. Author : Emad Atef – CSCA, MBA (Candidate), Procurement and Sourcing Manager. Lysons, Procurement & Supply Chain Management, 9th Ed. ,

Quantity 131

Quantity Supply chain management Supply chain management Supply Chain Efficiency 131

Spend Matters

DECEMBER 13, 2022

In 2015, the year before Coupa went public, it reported revenues of $50.8 Beyond the immediate financial considerations for Coupa shareholders, Thoma Bravo’s acquisition marks the beginning of a new chapter for the procurement technology market, which has grown to encompass materially more than source-to-pay alone.

Procurement strategies 98

Procurement strategies Spend management Sourcing Procurement 98

Procurement Insights

DECEMBER 12, 2023

One thought that immediately comes to mind is an excerpt from an article I wrote for the Procurement Foundry blog in Dec. ” Madelyn Kearns ‘ 2015 article in SeafoodSource and Sari Heidenreich ‘s Oct. 2023 Greenpeace article suggest we still have a long way to go.

Supply Chain Efficiency 69

Supply Chain Efficiency Procurement Sustainability Supply chain 69

Procurement Tactics

SEPTEMBER 19, 2022

33 Procurement Interview Questions in 2022. My name is Marijn Overvest, I'm the founder of Procurement Tactics. Sustainable Procurement Consulting Companies. Due to this, chief procurement officers are now pressured to take on sustainability initiatives and ensure ethical and sustainable procurement. . First Name.

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

ivalua

APRIL 26, 2019

Duncan Jones from Forester then presented on “Executing a Successful Procurement Transformation”. Forester and Ivalua collaborated on a recent survey of procurement executives, and one finding from Jones was that most firms “don’t realise how far they lag behind the leaders”. The gap is widening between leaders and laggards.

Purchasing 150

Purchasing Sourcing Purchase orders Procurement 150

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement 87

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 87

Arkestro

AUGUST 28, 2023

Resources / Infographics / Defining Predictive Procurement Orchestration (PPO) Defining Predictive Procurement Orchestration (PPO) PPO is the latest evolution of digital procurement; it represents the true digital transformation of procurement as it leverages technology to do things that were previously impossible.

Procurement 52

Procurement Purchasing Sourcing Data 52

Procurement Heads

AUGUST 7, 2022

Why did you get into procurement? I’ve been in procurement for nearly 28 years, seven years at Marks & Spencer after studying business studies and supply chain management at university. I was a Buyer at M&S, so it was direct procurement. That’s why I created Marr Procurement in 2015.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Buyers Procurement 130

Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Procurement 50

Procurement Eprocurement Networking Sourcing 50

ivalua

DECEMBER 11, 2020

As Senior Vice-President, Corporate services for BCE, André Beaulieu is responsible for an $8B procurement portfolio, one of the largest in Canada, and the Value Creation team who leads all major restructuring initiatives as well as the integration of all BCE acquisitions.

Strategy 100

Strategy Networking Procurement Management 100

Procurement Insights

SEPTEMBER 10, 2024

“The Gartner Hype Cycle for Procurement and Sourcing Solutions helps companies understand the maturity and potential of different procurement technologies over time. I decided to access ChatGPT once more to ask the following series of questions: What percentage of procurement and sourcing solution implementations failed in 2000?

Sourcing 52

Sourcing Procurement Procurement solutions Change management 52

Procurement Insights

MARCH 3, 2024

” ( Women in Procurement ) When it comes to women elevating performance in the procurement world, an Oliver Wyman survey of 300 CPOs in Europe, the United States, and Asia spanning 14 industry sectors is even more telling. Jon Hansen ( Women in Procurement ) Given the above, what would progress feel like to women?

Procurement 72

Procurement Innovation 72

Barkers Procurement

MARCH 15, 2022

Barkers are pleased to announce a strategic procurement partnership with Constellia to support the implementation and successful delivery of Constellia’s established Neutral Vendor MSP solution for professional services into the Utility sector. The post Innovation in Services Procurement for the Utilities Sector appeared first on Barkers.

Innovation 52

Innovation Procurement Risk Management 52

Barkers Procurement

NOVEMBER 9, 2023

The Procurement Bill 2023, a government bill to reform public procurement, has received Royal Assent, completing the bill’s journey through parliament. This makes the Procurement Bill 2023 now the Procurement Act 2023. They’ll also be able to find information such as procurement pipelines and contract registers.

Procurement 52

Procurement Contract Procurement team Suppliers 52

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. The goal was to break a trend of rising purchasing prices and instead reduce total costs by using the entike Ikea volume as leverage” (Carlsson, 2015 p.6).

Procurement 54

Procurement Supplier relationship management Supply Chain Efficiency Suppliers 54

Value Match

MAY 24, 2022

Procurement Best Practice. Procurement Policy Notes. Procurement Strategy. 300 billion is spent through public procurement annually. How public money is spent is changing with the introduction of the Procurement Bill 2022. These four existing regulations include; Public Contracts Regulation 2015. Resourcing.

Procurement 52

Procurement Bidding Contract Buyers 52

Procurement Software

FEBRUARY 21, 2023

What do Procurement Software, G2 and Capterra do? Procurement Software, G2 and Capterra are all software comparison websites. All three offer different features which allow the user to compare and contrast different types of procurement software products. How is Procurement Software different? I think not.

Procurement 59

Procurement Influencing Contract Contract management 59

SCMDOJO

OCTOBER 7, 2022

Supply Chain KPIs , Logistics KPIs , Procurement KPIs , and other tools help managers evaluate the current chain and move towards betterment in every way possible. Helps managers understand the workforce’s stability because people move the supply chain. Improve engagement at the workplace. Helps understand key lagging areas. References.

Logistics 137

Logistics Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 137

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. This is where Sales and Operations Planning (S&OP) comes in – it allows businesses to align their procurement and logistics strategies, optimize their supply chain, and reduce costs.

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

Procurement Heads

JUNE 6, 2023

Darron: I am Director of Orbis Procurement, which is a partnership of three local authorities, and as such am Director of Procurement for Surrey County Council, East Sussex County Council and Brighton and Hove City Council. I have been in procurement way too long, I stopped counting after 25 years!

Contract management 130

Contract management Contract Supply Chain Efficiency supply chain budgeting 130

Procurement Insights

MARCH 13, 2024

It is also why the following excerpt from a 2015 article in Food Tank by Emily Nink, MS, CPH , is eyeopening – [link] “Approximately 30-40 percent of farmers worldwide produce food that is never consumed. Given the rise in prices (or shrinkflation), the app provides savings on quality food products.

Supply chain 81

Supply chain Supply Influencing Quality 81

Supply Chain Game Changer

AUGUST 5, 2021

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Ounces | Sustainable Procurement Initiatives. Supplier management should always be anchored in broader sustainability & responsible procurement initiatives. 4 tsp | Supplier Segmentation.

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

procurement is a critical business function that requires a unique set of skills and expertise. To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

ivalua

MAY 21, 2014

It was stated that 25% of the current workforce will reach retirement age by 2015. Professionals in demand planning, procurement, logistics, fulfillment, sourcing: step up and take ownership of your area. How should an organization start transforming their supply chain? Here’s what Gartner recommended: Build a digital team.

Agile and Lean Supply Chain 100

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

Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Limited Supplier Network. Managing risk. Managing costs.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Jaggaer

SEPTEMBER 18, 2024

Navigating ESG, Supply Chain Risks & Polycrisis Procurement and supply chain executives face a complex landscape of polycrisis : resource scarcity, disruptions resulting from geopolitical tensions and climate change, rising ESG due diligence and reporting requirements, and looming corporate net zero commitments.

Sustainability 52

Sustainability Risk Procurement Supply Chain Efficiency 52

Procurement Insights

AUGUST 31, 2023

In 2015, I wrote about the results of a poll asking procurement professionals if they had a do-over career-wise, would they still choose procurement as their profession? 50% responded that they would, in fact, have pursued a career path other than procurement. – [link] What makes you passionate about procurement?

Purchasing 45

Purchasing Procurement 45

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Whatever the reason for the over-complication of procurement terminology, it has become a mess, and it’s time to make a change!

Procurement 50

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 50

Procurement Software

FEBRUARY 6, 2024

Nordic Europe has a long tradition for being innovative, and Nordic procurement startups are no exception. We’ve got the definitive lowdown on 10 procuretechs from Europe’s chilly northern reaches, who are heating up the digital procurement ecosystem. Ignite Ignite is a rapidly growing Norwegian procurement tech company.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here! Email Address.

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Procurement Software

MAY 9, 2023

There are so many procurement podcasts out there. The amount of procurement related content has mushroomed since the pandemic, and the flourishing podcast scene is a great example of this. In the end, we picked out our top 37 procurement podcasts. It’s hosted by Art of Procurement team members.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52

Supply Chain Trend

DECEMBER 13, 2016

The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. This is the reason why 7 out of 10 professionals completing your “ S&OP Pulse Check 2015 ” think behaviours are not addressed enough in S&OP implementations.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Supply Chain Game Changer

NOVEMBER 10, 2018

The concept of GSCM (Green Supply Chain Management) is to integrate environmental thinking into supply chain management (SCM)” ( Chin 2015 ). Branding your supply chain means using your supply chain as a vehicle for your brand story to inspire loyalty and secure profits in the long term” ( Mee 2015 ). Campbell saved $4.5m

Supply Chain Efficiency 46

Supply Chain Efficiency Supply Chain Optimization Sustainability Supply chain 46