Planergy

FEBRUARY 24, 2025

Sustainable Procurement Increasingly important in modern education, sustainable procurement prioritizes environmentally friendly and socially responsible purchasing decisions. This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

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

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In recent years unforeseen supply chain disruptions have forced companies to identify and plug these gaps at short notice.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Procurement Tactics

JULY 13, 2022

The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. This will allow you to give importance to these functions that will keep your supply chain sustainable. Even the slightest decrease in the cost of materials will create an impact on its profitability. .

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? CERTIFICATE COURSES Related courses about this subject 1.

Price 130

Price Purchasing Raw materials Negotiation 130

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. The business must engage its stakeholders to effectively create, trade, and sustain value. Cost avoidance Future years. We explained value-based procurement in detail in this post.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Supply Chain Game Changer

NOVEMBER 5, 2021

Subscribe to Supply Chain Game Changer. Some of the things you need to consider in your planning include: Goals to achieve Specific target market Number of years to get ROI Budget allotted for remodeling Timeline of the project. If you’re on a budget, you can also conduct bidding to hire contractors. Email Address.

supply chain budgeting 96

supply chain budgeting Supply Chain Efficiency Budget Supply chain 96

Procurement Tactics

AUGUST 30, 2022

Through electronic procurement, organizations can set guidelines or limits regarding the budget and spending within the platform. . Since electronic procurement is an online business platform, it utilized networked systems and web interfaces for supply chain processes and operations. Editor's note: Hi there! ENROLL NOW.

Procurement 130

Procurement Supply Chain Efficiency Purchasing supply chain software solutions 130

Una

MARCH 6, 2023

How to innovate: Identify your organization’s most pressing non-financial priorities (such as sustainability) and re-work your criteria to attract suppliers that match this need. Getting Lean may therefore mean finding ways to reduce cost-to-source, or reducing the team headcount and doing more with less.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Some of the first-hand areas from small to large organizations have been: An $8 billion global company has been placing all items for bid each year to realize cost savings. Landgraf, CEO at Above the Standard ( [link] ). Another $1.5

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Procurement Templates

MARCH 3, 2024

Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Budget Analysis : Evaluating the available budget and financial resources is crucial to ensure that the procurement activities align with the organization’s financial capabilities.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Heads

JUNE 6, 2023

In addition to this, we have a dedicated policy function that provides professional advice and support around key policy areas such as modern slavery, social value, and environmental and sustainable procurement. Furthermore, we are exploring how we can bring greater diversity and inclusion into our supply chain through EDI work.

Contract management 130

Contract management Contract Supply Chain Efficiency supply chain budgeting 130

SCMDOJO

JULY 3, 2023

Read More: Top 10 Supply Chain Management Courses to Boost Your Career ] Accreditation and Industry Recognition Check to see if the training programme is acknowledged by the procurement sector or accredited by the relevant professional organizations. Total Cost of Ownership – Key Considerations Lesson 3.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. needed to deliver on the KPIs.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 24, 2018

Practical, Applicable, Sustainable Solutions! So, what can these small and medium sized business’s do without breaking the budget? Practical, Applicable, Sustainable Solutions! appeared first on Supply Chain Game Changer™. This is a sure sign of the growing level of understanding and sophistication of procurement.

Procurement 51

Procurement supply chain budgeting Contract Competitive bidding 51

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Positive Purchasing

JANUARY 11, 2024

Guy is also chair of Riversimple Ltd , co-chair of the Public Sector Chapter of the Sustainable Procurement Pledge in the UK, and has also been a lead partner with Deloitte Sustainability Services. Value might mean reducing cost, but that is only part of the story. Written by Guy Battle , the CEO of Social Value Portal.

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Una

JANUARY 8, 2024

The concept is fundamental to sustainable growth, competitive advantage, and long-term success. Why does procurement need to move beyond cost-cutting to value creation? You snag a bunch of budget-friendly printers without considering the long game. Not to mention, they're guzzlers, and your fuel budget is through the roof.

supply chain budgeting 52

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

Value Match

SEPTEMBER 29, 2022

Bid Management. We have seen some of these shifts over time, for example the construction and infrastructure industry making changes around areas such as social value and use of SMEs in their supply chains, investment in green technologies and increasing automation. Categories. Best Practice Guides. Case Study. Circular Economy.

Procurement 52

Procurement supply chain budgeting Ethics Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. For one, they often focus too heavily on price at the expense of other factors, such as quality, sustainability, and supplier innovation.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

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. E-sourcing tools: Platforms that facilitate online bidding and negotiation, streamlining the supplier selection process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Procurement Software

MARCH 7, 2023

It enables: Building stronger relationships with your key suppliers Competitive bidding, which optimises cost Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability Performing the appropriate pre-qualification of suppliers.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

TYA Suite

NOVEMBER 25, 2024

By taking a broader view, this approach leads to better purchasing decisions that support sustained growth and minimize future costs associated with poor quality or service disruptions. This approach can lead to poor choices that may impact product quality and supply chain stability.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 40

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Therefore, the success of supplier performance management directly affects the quality of the entire supply chain.

Suppliers 84

Suppliers Management Quality Import 84

Una

OCTOBER 9, 2023

DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

DECEMBER 5, 2022

Competitive bidding, which optimises cost. Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability. Improvements to end-to-end supply chain efficiency. These must be taken into account in order to save time and reduce costs.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

TYA Suite

OCTOBER 16, 2024

This explains why the purchase-to-pay life cycle is so important: By implementing a structured purchase-to-pay cycle, organizations can track spending and control costs effectively. Visibility into each stage of procurement helps prevent unnecessary spending and ensures that purchases adhere to approved budgets.

Purchase orders 40

Purchase orders Procurement Supply Chain Efficiency Purchasing 40

Jaggaer

OCTOBER 8, 2019

With budgets not growing at an adequate pace, or even shrinking, procurement cannot deliver the value that digital transformation promises. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) This is precisely the approach that JAGGAER has adopted with the launch of JAGGAER ONE.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Pipefy

JUNE 15, 2023

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. Procurement organizations are primarily measured by cost savings, making it imperative for them to reduce purchase prices as much as possible.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Let's Talk Supply Chain

MARCH 31, 2025

IN THIS EPISODE WE DISCUSS: [05.54] Erics background and transition from US Air Force to supply chain, as well as the different business areas hes moved through in his 27-year tenure at Werner. 2025 is better, were seeing more robust bid activity, better engagement with customers Are we out of the woods?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 52

Supply Chain Collaborator

AUGUST 3, 2018

As if you needed another reason to embrace the cost-saving, capacity-finding, efficiency-boosting, customer-pleasing benefits yielded by the use of a well-designed and deployed TMS platform – the Trump Trade War and associated tariffs add another unexpected cost to already-squeezed transportation budgets.

Dwell Time 87

Dwell Time Real-time Visibility Competitive bidding Bidding 87