Procurement Templates

NOVEMBER 21, 2024

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals. Audit Supply Chains: Identify and address environmental and social risks in the supply chain.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Jaggaer

FEBRUARY 5, 2025

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

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. We also now break down the negotiation stage into sourcing and final negotiation of contracts.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Jaggaer

OCTOBER 3, 2024

It will lead to decreased costs by reducing the time and resources required to complete tasks and minimizing the occurrence of defects. Contracts management is vital to avoid cost leakage. Ensure supply continuity This was number 1 on the 2023 list of priorities. Improving quality is a further lever you have.

Supply Chain Optimization 52

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