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Agile and Lean Supply Chain Buyers Purchasing 
Spend Matters
DECEMBER 23, 2024
The need for resilient supply chains is also a key factor driving procurement digitalization. Customers want to quickly adjust sourcing strategies and build agility into their supply chains. Customers use Onventis to consolidate suppliers and negotiate better terms.
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ivalua
FEBRUARY 8, 2023
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.
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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
ivalua
JUNE 29, 2020
We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating.
Procurement Tactics
MARCH 27, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?
Una
MARCH 6, 2023
9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.
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Procurement Tactics
AUGUST 25, 2022
Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide.
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Supply Chain Dive
DECEMBER 4, 2023
The apparel company has been cautious in its own buying while trying to meet the needs of department stores and others who seek agility to meet demand.
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Procurement Leaders
APRIL 6, 2023
That said, the biggest challenge remains going deep into your supply chain. UCB’s changing supply chain We have a categorisation beyond whether a supplier is strategic or not. It’s understanding the potential trade-offs that we might make from redesigning our supply chain.
Supply Chain Game Changer
AUGUST 26, 2021
Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. would demand its implementation.
ivalua
OCTOBER 1, 2019
And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . The task of processing thousands of purchase orders may be executed “efficiently”, but there may well be more effective ways of managing this need – for instance, users having access to online guided buying catalogues. August 2019.
Supply Chain Game Changer
JANUARY 20, 2021
Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! You have also invested in supply chain systems to manage and monitor the flow of goods. In fact, the average mid-size and enterprise company has four supply chain system investments each!
SCMDOJO
MARCH 19, 2024
Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.
SCMDOJO
MAY 18, 2023
The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.
Procurement Heads
JANUARY 4, 2023
As a Buyer at British Airways, I bought a range of different categories from engineering spares to airport services. I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. Our organisation has adopted agile ways of working.
ivalua
MARCH 5, 2020
In this disruptive age, businesses must move faster and become more agile, so Procurement must respond, to this or we will become obsolete. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.
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ivalua
MARCH 28, 2019
Professionalisation of the function, logic and analysis has also extended into other areas, with a growth in relevant qualifications, all the way through to procurement and supply chain MBAs and even Doctorates. But, as we move towards a new decade, perhaps the wind is shifting, and we may see a different focus in the next ten years.
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Una
OCTOBER 25, 2022
Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain.
Jaggaer
OCTOBER 24, 2024
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.
Supply Chain Game Changer
NOVEMBER 19, 2018
Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. Why is Supply Chain often undervalued? Pressures for Cost Reduction in Supply Chain.
Pipefy
JANUARY 31, 2023
Build better procurement processes with the Definitive Guide to Workflow Management Download now 3 types of procurement methods Direct procurement Direct procurement deals with the purchasing of products or services that are essential to the business core. It’s more common for direct procurement to involve rigid purchasing (i.e.
Supply Chain Game Changer
OCTOBER 8, 2019
Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails.
Jaggaer
FEBRUARY 5, 2025
It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) emergency purchases and b.) Tactical sourcing is ideal for a.)
Procurement Tactics
JUNE 28, 2023
Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Mintec Mintec provides market intelligence, commodity prices, and price forecasts across the agri-food supply chain.
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Una
SEPTEMBER 15, 2022
The people that I think are heroes are able to put aside what they think and truly listen to buyers, purchasing managers , and senior managers, and really learn from those individuals. We’re not just here for purchase orders and we’re not just that person who’s there when they flip it over the fence. Leveraging Lean Procurement.
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IBM Supply Chain Blog
SEPTEMBER 20, 2021
For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.
ivalua
MARCH 9, 2023
Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Purchasing is also where value is captured (i.e.,
130 
Pipefy
DECEMBER 10, 2022
The purchasing process is a critical element of a company’s overall procurement department. No matter the size of your company, how you structure your purchase process has a direct impact on your company’s ability to control costs, manage risks, and maintain process resilience as supply chains evolve. Standardization.
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Supply Chain Game Changer
NOVEMBER 10, 2018
Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.
Supply Chain Game Changer
DECEMBER 9, 2020
Subscribe to Supply Chain Game Changer. Inventory management starts with the fundamental in and out of your supply chain. If your business is small, separate applications can be purchased to piecemeal the jobs usually done in an ERP’s modules. Subscribe Here! Email Address. Get Our EBOOK HERE.
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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.
Jaggaer
FEBRUARY 18, 2020
The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk.
103 
SCMDOJO
FEBRUARY 14, 2024
How is marketing connected to my supply chain? The supply chain of your business has many components. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.
SCMDOJO
DECEMBER 14, 2023
READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO! Sourcing agencies excel in handling these intricacies, ensuring a smooth and efficient flow of products from supplier to buyer. Limited Scope: Offers a more focused and individualized approach to the procurement process.
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Supply Chain Game Changer
APRIL 15, 2020
Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! SpendMatters Supply Chain Dive Supply Chain Digital Art of Procurement (Podcast). Procurious Procurement Leaders Chartered Institute for Procurement & Supply (CIPS).
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Pipefy
JANUARY 9, 2023
Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Complex purchasing systems (31%). Uncertain global markets.
ivalua
AUGUST 5, 2020
This is supported by data from The Hackett Group’s most recent Purchase-to-Pay Performance Study that flags organizations with high levels of AP automation software as saving 54% on invoice processing costs and using one-third as many internal employees. Advanced Accounts Payable Journey.
Strategic Sourceror
SEPTEMBER 22, 2022
From rising inflation to depleted consumer sentiment to the ongoing effects of COVID-19 on the supply chain and the broader economy, a combination of factors has led to retailers' inventory predicaments. Throughout the lockdown, demand far outpaced supply. "A spree ends, this is not something that continues forever."
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Pipefy
JANUARY 30, 2024
That’s where procurement, sourcing, and purchasing technology comes in. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. P2P software can automate workflows and activities such as: Purchase request intake and review. Purchase orders.
The Good Spending
JUNE 15, 2022
It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase. New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task.
Supply Chain Game Changer
NOVEMBER 11, 2018
Check out The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? I retired from a multi-national supply chain management company to become a co-owner of a label manufacturing company, which was a real culture change for me. Supply Chain service providers are buying more blank labels.
Jaggaer
JUNE 28, 2024
I was recently delighted to be joined in webinar discussion by Iain Prince, Operational Transformation & Supply Chain Partner at KPMG. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supply chain resilience.
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Jaggaer
OCTOBER 24, 2024
Moreover, driving suppliers to the brink of financial instability can lead to supply disruptions, ultimately increasing costs as buyers scramble to find alternative sources. It’s vital to ensure that you have the tools and technology needed to optimize your consolidated purchasing power across various centers.
ivalua
SEPTEMBER 24, 2020
The solution is to follow the top performers and focus on supplier enablement, smart matching and introduce the agile methodology of continuous improvement. Once validated our embedded AI engine will automatically match the invoice to a contract, purchase order, or receipt before confirming tax treatment and budget allocations.
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Arkestro
SEPTEMBER 5, 2024
I worked at Ford Motor Company as a buyer up through purchasing director, then at two leading auto suppliers, TI Fluid Systems and ZF Group, as a global purchasing director. Agile Systems Key to Navigating Today’s Procurement Challenges Arkestro: Sounds like you’re in deep with this industry!
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