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Agile and Lean Supply Chain Contract management Risk management 
Procurement Templates
NOVEMBER 21, 2024
Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Audit Supply Chains: Identify and address environmental and social risks in the supply chain. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,
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. CFOs began to see procurement as critical to business continuity and organizational agility.
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
Skill Dynamics
FEBRUARY 13, 2025
Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.
ivalua
NOVEMBER 23, 2020
The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. Chaos from the coronavirus has made clear that procurement & supply chain practices need to get smarter. Supply chains have been badly disrupted.
SCMDOJO
APRIL 29, 2024
Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.
SCMDOJO
SEPTEMBER 24, 2024
Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations.
ivalua
JUNE 16, 2021
The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement.
130 
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.
Procurement Heads
JANUARY 4, 2023
I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. Our organisation has adopted agile ways of working.
Procurement Tactics
JUNE 28, 2023
This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates.
NLPA (Next Level Purchasing Association)
DECEMBER 14, 2022
The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Flawed Processes.
Spend Matters
FEBRUARY 22, 2024
With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.
Una
JUNE 5, 2024
Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? Imagine your supply chain as a sturdy ship navigating the choppy waters of the global marketplace. Building resilient supply chains So, what defines a resilient supply chain?
Pipefy
JANUARY 9, 2024
Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. The benefits include cost savings increase, better decision making and risk management. While these tools can lighten workloads and improve agility and decision-making, they can’t operate without the input of humans.
Spend Matters
DECEMBER 21, 2023
AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.
Una
MAY 25, 2023
How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?
96 
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! Take a chance (not a risk) on startups and growth ventures in the space of procurement tech to run POCs and see what kind of value they can deliver. Subscribe Here! Email Address. Don’t Panic!
90 
Pipefy
JANUARY 30, 2024
Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.
Procurement Insights
APRIL 3, 2025
What unique benefits can the following ProcureTech solution providers offer to address the above-referenced supply chain challenges: ThroughPut.ai, FlockScore, ProcurEngine. These insights are based on their general focus areas within the ProcureTech and supply chain optimization space. ThroughPut.ai ThroughPut.ai
IBM Supply Chain Blog
DECEMBER 13, 2023
A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations.
NLPA (Next Level Purchasing Association)
SEPTEMBER 8, 2023
A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.
52 
Zycus Cognitive Procurement
SEPTEMBER 15, 2022
This is to enable greater autonomy and agility. . Accordingly, the time is right for procurement to take centre stage and create benchmark KPIs to ensure sustainability in global supply chains. Risk management. Elevate the strategic performance management of your team. Powering Procurement with AI .
Zycus Cognitive Procurement
JANUARY 24, 2023
With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Still, 50-67% of the companies failed to change their risk management standards.
Jaggaer
OCTOBER 3, 2024
However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Ensure supply continuity This was number 1 on the 2023 list of priorities. First, organizations need to get full supply chain visibility.
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.
52 
World of Procurement blog
MAY 8, 2024
Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Conduct supply chain audits and due diligence on high-risk categories. Top-level oversight of all procurement activities.
World of Procurement blog
JANUARY 19, 2022
With better data comes more precise insights into your Supply Chain. You’re going to understand your spend categories better understand where risk is in your contracts and how well your suppliers are genuinely performing. I’ve personally spent 6 and a half years in Procurement and Supply Chain now.
NLPA (Next Level Purchasing Association)
APRIL 5, 2023
With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Properly identifying and mitigating risks is essential to ensuring success and sustainability.
52 
Procurement Software
MARCH 11, 2022
Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.
Una
MAY 25, 2023
How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?
52 
Una
JULY 18, 2023
Transforming invisible spend into visible and manageable data will enable you to make data-driven decisions and drive significant value for your organization. A Snapshot of Supply Chain Technology How to Improve Procurement Efficiency Tips for Building an Effective Procurement Data Strategy 4.
52 
Empowering CPO
JULY 16, 2023
Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. It involves the process of identifying, selecting, acquiring, and managing resources that a business needs to fulfill its operations and meet its goals.
Empowering CPO
MAY 6, 2023
As global supply chains become more complex and interconnected, procurement professionals play a critical role in ensuring businesses remain competitive and resilient. Predictive analytics, for instance, allows procurement professionals to forecast demand, identify potential supply chain disruptions, and optimize inventory levels.
Empowering CPO
JUNE 30, 2023
Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.
40 
Empowering CPO
JULY 2, 2023
However, with time, the function evolved, incorporating strategic elements such as supplier relationship management, risk management, and sustainable sourcing. Risk Management: Identifying and mitigating potential risks in the supply chain, ensuring business continuity and resilience.
52 
Jaggaer
OCTOBER 24, 2024
AI-optimized Supplier Onboarding and Management systems utilize flexible registration rules, key performance indicators (KPl)-driven assessments, and Al-driven data analysis, which foster strategic collaboration and relationships with suppliers.
Procurement Software
AUGUST 27, 2024
In addition, supply chains and risk management have become more complex, requiring a less siloed and more joined-up approach to managing strategic suppliers. So, how will this impact category management? Is the procurement category manager an endangered species? It’s a mid-senior level role.
Zycus Cognitive Procurement
JULY 29, 2021
How green procurement practices and robust supplier risk management can help organizations build superior brand equity and drive significant business outcomes. Responsible Contract Management: . Avoiding contract renewals with suppliers who do not meet the required health and safety criteria.
Empowering CPO
JULY 16, 2023
Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. It involves the process of identifying, selecting, acquiring, and managing resources that a business needs to fulfill its operations and meet its goals.
Procurement Software
MARCH 11, 2022
Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.
Barkers Procurement
FEBRUARY 25, 2024
The right digital procurement technology can centralise spend data, identify trends and compliance to metrics, pinpoint opportunities, and simplify supply chain decisions as a result. Managing Risk Senior business managers and Procurement leads must both know their risks, and how they are protected against them.
52 
Empowering CPO
JUNE 14, 2023
It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. The value of using technology to track sales and inventory in real time for better supply chain management.
52 
Procurement Software
MARCH 5, 2024
Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4.
Procurement Software
NOVEMBER 14, 2023
From the outside, it appears to be a bid by SAP Ariba, Coupa and other legacy Procure-to-Pay and Source-to-Contract suites to maintain their relevance. Maintaining their moat and preventing customers from defecting to more agile offerings on the market is a smart move. Of course, not every customer will buy every module.
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