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Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. There seems to be a drive within procurement teams to understand their suppliers and the network of suppliers under their tier one suppliers.

Suppliers 195
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What is the Purpose of IT Supplier Strategy?

ProcurePort

This is a 10-fold increase since 2015. • The post What is the Purpose of IT Supplier Strategy? • 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. appeared first on ProcurePort Blog.

Strategy 130
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The Supplier Management Secret Recipe

Supply Chain Game Changer

What is Supplier Relationship Management (SRM)? The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. Building a secret recipe for smooth supplier management requires a foundation, which you can build upon, experiment with, and eventually make your very own. Subscribe Here!

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Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The decision making process used to select suppliers must be fact-based and driven by a rigorous analytical approach. Supplier selection is more critical than ever.

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Sustainable Goals in Procurement — Embracing Sustainability

Procurement Tactics

The Sustainable Development Goals (SDGs), also known as Global Goals, were adopted by the United Nations in 2015 imploring to end poverty, protect the planet, and ensure the well-being of people by 2030. Suppliers are always better equipped and they have way more time to do things than me.

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Public Procurement & Supporting Apprentices

Procurement Templates

Action Note 14/15 27 August 2015 Issue. Timing The provisions of this Action Note will take effect for procurements advertised on or after 1 September 2015. Public procurement, utilising the greater flexibilities provided under The Public Contracts Regulations 2015, provides a valuable lever to achieve this step change.

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What is Economic Order Quantity & its Advantages

SCMDOJO

That there are no constraints on lot size : Suppliers do sometimes request a minimum order quantity or the stock keeping unit comes in a specific package with a specific quantity. So, the calculated Economic Order Qty (EOQ) might be a small value, while the minimum order quantity by the supplier might be a higher value. Bixby Cooper.

Quantity 131