NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

In 2024, procurement leaders leaned heavily on data to fine-tune their procurement strategies, uncover hidden opportunities for savings, and improve supplier performance. Companies doubled down on sourcing responsibly, reducing waste, and ensuring their supply chains supported broader environmental goals.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Una

SEPTEMBER 15, 2022

For Director of Global Sourcing for Medline Industries Brian Chaplin, being a sourcing hero means listening, learning, and taking action. As long as we are continually listening and learning from others and then driving those things that we learned into really effective change, that is what I would define as a sourcing hero.”.

Procurement 98

Procurement Agile and Lean Supply Chain Purchasing Purchase orders 98

Supply Chain Opz

OCTOBER 14, 2013

In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. 3) Find bottleneck : do you really have to see anything and everything that happens in the supply chain? The answer is NO.

Supply Chain Visibility 55

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 55

Empowering CPO

FEBRUARY 11, 2024

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Empowering CPO

JANUARY 28, 2024

Introduction In the dynamic realm of procurement, organizations strive to not only meet their immediate needs but also to establish sustainable and cost-effective supply chains. Essential Tips and Tricks: Data-Driven Decision-Making: The foundation of successful Strategic Sourcing lies in data.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Optimization 40

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. Category management is the core engine for scaling processes.

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

Pipefy

JANUARY 30, 2024

The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 To do so, procure-to-pay trends point to an increased focus on three key areas: technology, collaboration, and sourcing. billion by 2028. Below is a rundown of the three procure-to-pay trends shaping 2024.

Agile and Lean Supply Chain 52

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Initiatives that prioritize environmentally friendly practices, fair labor, and responsible sourcing improve brand reputation and mitigate potential legal and reputational risks. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. The supply disruption triggered in China sent shock waves all around and shut down the global economy.

Risk management 52

Risk management Risk Suppliers Management 52

Arkestro

SEPTEMBER 5, 2024

Agile Systems Key to Navigating Today’s Procurement Challenges Arkestro: Sounds like you’re in deep with this industry! Sheffield: They need to seek out new solutions — solutions that will allow them to improve the quality and speed of their sourcing events. I’m also actively involved in a couple of advisory boards.

Procurement 52

Procurement Procurement team Agile and Lean Supply Chain Buyers 52

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.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Skill Dynamics

FEBRUARY 6, 2025

This personalization is particularly crucial in the diverse world of supply chain and procurement. From sourcing specialists to logistics managers, each role requires a unique skill set. We leverage branching scenarios that mimic real-world supply chain challenges.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Global sourcing 52

Procurement Insights

DECEMBER 17, 2024

These events should challenge us to better understand and prepare for the inevitable impact on our collective supply chains both today and in the future. The big question is will they finally enable us to implement the three most important supply chain practices? Policy to stimulate domestic sourcing.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Real-time Visibility Supply Chain Efficiency Export 40