Una

MAY 25, 2023

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year.

Purchasing 96

Purchasing Risk Management Procurement 96

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 98

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Spend Matters

MARCH 6, 2025

billion in 2023 to $22.6 Build resilience: In an era of supply chain disruptions, quick access to real-time data enables agile decision making. The challenge To enable the digital front door, the adoption of AI-based technology is critical.

Supply Chain Efficiency 73

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 73

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. 2023 will serve as a chance to reset, rebuild, and forge a path forward by implementing technology that delivers process excellence, drives innovation, and empowers procurement teams to do more despite fewer resources. . 5 procurement trends for 2023.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Spend Matters

OCTOBER 4, 2023

Market trends in procurement technology 2023 — Drawing from the information gathered during the data-driven process called SolutionMap and the general knowledge our analysts have gained from their work, the Spend Matters analyst team shared notes on the changes and trends they have seen in the procurement landscape.

Procurement 111

Procurement e2e Contract Sourcing 111

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

How Are You Preparing for 2023’s Business Landscape? If Procurement can impact everything from customer satisfaction and product & service quality to cash flows and profitability – shouldn’t it be on top of every team’s 2023 training list? Leveraging Critical Skills in 2023. Recommended Reading.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Una

FEBRUARY 20, 2023

By Hugo Britt | February 21, 2023 Search As procurement continues to evolve, practitioners must rely on a variety of strategies to cut costs and drive value. Create an approved purchasing system or require all purchases be made from a catalog to curb rogue spending.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Arkestro

DECEMBER 5, 2022

Technology innovations have been massive, changing how food is grown, processed, and purchased. These disruptions have exposed the fragility of global supply chains. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience. harvested wheat is the lowest since 1888.

Raw materials 98

Raw materials Procurement Agile and Lean Supply Chain Supply Chain Optimization 98

Procurement Tactics

NOVEMBER 20, 2022

Dwindling natural resources, climate change, and increasing demands on energy and food supply are disrupting business operations and supply chains in various ways many professionals do not expect. . Orsted has achieved its goal of sustainability by encouraging its supply chain ecosystem to align.

Sustainability 147

Sustainability Ethics Agile and Lean Supply Chain Strategy 147

Procurement Insights

APRIL 4, 2025

Paul Nilsen, Purchasing Manager Willis North America (New York, NY) My Response In Part 4 of my Changing Face of Procurement Conference Series titled Winning Strategies for Vendor Engagement, I briefly discuss an M&A case reference involving organizations within the confection or candy industry.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 59

Zycus Cognitive Procurement

JANUARY 24, 2023

However, as 2023 starts, CPOs have a new range of challenges to tackle, such as soaring inflation and a looming recession. So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges?

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

ivalua

MARCH 9, 2023

Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. Purchasing is also where value is captured (i.e., Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Una

MAY 25, 2023

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Search Things were looking so bright at the beginning of the year.

Purchasing 52

Purchasing Risk Management Procurement 52

Spend Matters

DECEMBER 21, 2023

Procurement needs to think AI-first in 2024 and beyond The generative AI wave of 2023 truly brought us into the AI economy, with companies realizing how advances in AI have the potential to transform key processes and workflows that underpin how they operate and generate value.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Una

NOVEMBER 14, 2022

As many companies struggled over the past three years, the pandemic became an enormous opportunity for global giant Amazon and other companies to capture a much larger share of low-value repeatable purchasing. The resilience of global supply chains is under attack. What’s changed? A consumer-centric procurement process.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Arkestro

DECEMBER 12, 2023

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Una

APRIL 13, 2023

By Hugo Britt | April 13, 2023 Search Welcome to Una’s Pain Points in Procurement series. Rather than telling them exactly what you want, you lean on their experience by asking them to recommend a suitable cut of beef. But there are some challenges involved.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Positive Purchasing

NOVEMBER 9, 2023

I am sure you are comfortable being flexible and agile when buying something different, or sourcing from an alternative more sustainable supplier. In my book Category Management in Purchasing , I lay out the 5i® Category Management process in detail. However, eventually achieving true enterprise-wide change will require so much more.

Sustainability 111

Sustainability Category management supply chain budgeting Influencing 111

Pipefy

JANUARY 30, 2024

Because procure-to-pay teams lacking business agility, internal resources, or adequate tools are hungry for solutions that can help them streamline operations, increase strategic influence, gain spend control, innovate sourcing streams, improve efficiency, and increase time for more “high-value” work. billion by 2028.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Supply Chain Optimization 52

Positive Purchasing

MARCH 14, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability in your supply chain, then prioritizing where and how to focus your resources to make the greatest positive impact.

supply chain budgeting 52

supply chain budgeting Sustainability Agile and Lean Supply Chain Supply chain 52

IBM Supply Chain Blog

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. Moreover, cloud environments were identified as frequent targets for cyberattacks in 2023.

Data 82

Data Agile and Lean Supply Chain Collaboration Risk 82

EazyStock

FEBRUARY 11, 2021

Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023. Supply chain transparency and digitalization. How is multi-channel shopping complicating supply chains?

Inventory 52

Inventory Supply Chain Efficiency Management Supply Chain Optimization 52

Let's Talk Supply Chain

OCTOBER 3, 2022

SEKO provides complete supply chain solutions, specializing in transportation, logistics, forwarding and warehousing. Powered by their innovative and customizable IT solutions, SEKO provide a seamless flow of information, giving their ever-growing customer base true supply chain visibility. Well that’s no longer the case.

Demand 52

Demand Real-time Visibility Agile and Lean Supply Chain Supply Chain Visibility 52

Una

DECEMBER 11, 2023

By Hugo Britt | December 12, 2023 Search Search As we dust off the remnants of 2023 and leap into the shiny unknown of 2024, it’s time to give your procurement career a tune-up. In fact, learning agility (a willingness and ability to learn new things) is fast becoming the number-one capability sought by employers.

Procurement 52

Procurement Agile and Lean Supply Chain Leadership Negotiation 52

Una

JUNE 8, 2023

By Hugo Britt | June 8, 2023 Search Search “Strategic supplier” can be a tricky term to define because it means different things to different companies. We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Una

JULY 18, 2023

Top Technical Skills in the Digital Age of Procurement Explore the top technical skills purchasing professionals should have to be successful in the rapidly changing digital age of procurement. By Hugo Britt | July 18, 2023 Search Search Technical skills are changing in procurement. Make invisible spend data.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

Una

AUGUST 31, 2023

By Hugo Britt | August 31, 2023 Search Search Is being “strategic” something that is only reserved for large organizations with well-resourced procurement teams? With limited resources, time, and purchasing power, every decision needs to be well-planned and supported by data.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Jaggaer

OCTOBER 3, 2024

This year it reports that the top three priorities remain the same as in 2023, but the order has changed. Ensuring supply continuity moves down a place and combating inflationary pressures is at number three. Ensure supply continuity This was number 1 on the 2023 list of priorities. Which are our strategic suppliers?

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Contract 52

Arkestro

SEPTEMBER 19, 2023

Resources / Blog / Autonomous Sourcing Leads to Better Procurement Outcomes Autonomous Sourcing Leads to Better Procurement Outcomes The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. However, with great challenges also come great opportunities.

Sourcing 52

Sourcing supply chain budgeting Procurement Bidding 52

Una

OCTOBER 17, 2023

By Hugo Britt | October 17, 2023 Search Search “Hey, Procurement?” “Yes, Dave?” “Contact Supplier X’s chatbot and see if you can negotiate a 15-day increase on payment terms for all products.” 24/7 Support Chatbots are available round the clock to assist users with their purchasing requests and inquiries. Sure, Dave.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Supply Chain Optimization 52

Una

AUGUST 9, 2023

By Hugo Britt | August 10, 2023 Search Search Imagine you’re racing down a winding road behind the wheel of a high-performance sports car. Resource to help: 7 Traits of Highly Effective Procurement Leaders Implement agile procurement Often associated with software development, Agile ways of working can be applied to procurement as well.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52