Una

JULY 13, 2023

The Definition of a Sourcing Hero Past guests from The Sourcing Hero podcast provide the definition of a sourcing hero and give examples of heroism in a business context. The definition of a sourcing hero At the close of every episode, it has become a tradition of sorts for Kelly to ask each guest a question.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

Procurement Heads

SEPTEMBER 6, 2023

The University of Bath was – and I think still is – a real centre of excellence for Procurement and Supply Chain. That’s something that has definitely stayed with me. You’re a strong proponent of diverse and sustainable supply chains. Could you tell us a bit about your career journey so far?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Sustainability 130

Una

OCTOBER 13, 2022

Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. The last couple of years have truly been a very exciting time to be in supply chain. But the definition of small businesses runs into millions of dollars in revenue per year.”

Procurement 98

Procurement Agile and Lean Supply Chain Price Supply chain 98

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!

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

The Good Spending

AUGUST 23, 2022

Therefore, we will give different definitions, not pretend to have found the unilateral value formula. Procurement value proposition Due to the ambiguity of definitions, some people treat value only as monetary worth; others claim its delivery as soon as they enter the office. How easier does it make the explanation of value?

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Supply Chain Game Changer

NOVEMBER 7, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? Instigating the mapping/implementation of a digital procurement ecosystem requires a definition of the elements in the process you’d like to digitalize. Above all, you need to remain agile in your adoption. Subscribe Here!

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Procurement Innovation Sourcing 55

Una

JUNE 8, 2023

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. There are plenty of definitions available online, but in my opinion one of the best comes from Oboloo. You can listen to the full episode here.

Suppliers 52

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

Arkestro

AUGUST 29, 2024

In this article, we’ll discuss the modern definition of high-tech manufacturing and share key challenges the industry faces in 2024. Managing these supplies can be time-consuming and complex, leading to inefficiencies and higher administrative costs. Cities like Detroit and Pittsburgh, traditionally hailed as the hub of U.S.

Procurement 52

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

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. Quality Metrics Definition and Examples – Quality metrics evaluate the quality of goods and services procured.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

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.

Category management 52

Category management Management Procurement Agile and Lean Supply Chain 52

Procurement Software

NOVEMBER 14, 2023

Maintaining their moat and preventing customers from defecting to more agile offerings on the market is a smart move. It’s no longer possible to manage all your digital procurement requirements in one, end-to-end suite. The cost of change and disruption, as well as the potential risk, is going to be much higher for these organisations.

supply chain software solutions 52

supply chain software solutions Spend management Agile and Lean Supply Chain Risk 52

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. After all, your shortages are their problem, as well.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Empowering CPO

JUNE 14, 2023

Definition and Purpose of Procurement Procurement is a multi-faceted function that goes beyond the simple acquisition of goods and services. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1. Implement Centralized Procurement A.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Procurement Software

JANUARY 16, 2024

Very process-oriented and not agile or malleable at all. Was it really worth Procurement Category Managers spending weeks fiddling around in Power Point for prized strategies to just sit on a siloed SharePoint site? My definition of a strategic procurement team is something way more visionary.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Pipefy

JANUARY 5, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now. But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management. Nowhere is this more true than in the challenges to the supply chain.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Pipefy

MAY 23, 2023

Build better procure-to-pay processes with the Definitive Guide to P2P Optimization Download now Procurement automation opportunities Purchase requisitions An employee sees a need, creates a purchase requisition to obtain those goods or services, and circulates that requisition through multiple levels of personnel for approval.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Spend Matters

NOVEMBER 13, 2024

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk.

Risk 114

Risk Suppliers Risk management Agile and Lean Supply Chain 114