ProcurePort

DECEMBER 3, 2020

Contract management is one of the key duties procurement and sourcing teams must attend to. An orderly contract management process can grow business and increase revenue. To get the best value from each supplier contract, it is imperative to know and understand exactly what is contract management.

Contract management 217

Contract management Contract Management Procurement 217

SCMDOJO

JANUARY 23, 2025

Thats why local SEO, or Search Engine Optimization, is critically important for any business operation, and Supply Chain Management is no exception. If you are looking for ways to improve your supply chain management performance, e.g., by cutting costs and saving time, you must consider leveraging local SEO.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 98

SCMDOJO

DECEMBER 29, 2024

Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

ProcurePort

MARCH 23, 2021

The post How to Assess Supplier Risk Management in Procurement: An Overview, Report, and Checklist appeared first on ProcurePort Blog. In fact, the right risks, made with calculations and well-founded information, yield some of the best rewards. That being said, there are certain times and places that we want to […].

Risk management 182

Risk management Risk Suppliers Management 182

Procurement Leaders

JANUARY 16, 2023

So, how we manage risk is what keeps me up at night… We try to be robust as a procurement organisation because, as a commodities company, risk is a part of our everyday life: we can have a crop failure, we can have a delivery failure, we can have a quality failure, so how do we handle that? . ” Stroup says.

Risk 246

Risk Management Risk management Strategic planning 246

ProcurePort

JULY 6, 2022

• Managing product categories is a critical challenge for procurement professionals. Some of the problems experienced in category management include plenty of work, lack of time, dynamic changes, competitive markets, and technical dependencies. Just as lean management optimizes […]. .

Category management 147

Category management Strategy Management Procurement 147

ProcurePort

MAY 11, 2023

Supplier Management Software: Supplier Risk: Effective supplier management is critical to the success of any business. As organizations grow, managing a growing number of suppliers can become increasingly complex.

supply chain software solutions 130

supply chain software solutions Suppliers Risk Management 130

ProcurePort

MAY 31, 2023

Effective supplier management is crucial for businesses to maintain smooth operations in their supply chain and drive growth. However, the process of onboarding new suppliers, gathering their information, and managing supplier data can be time-consuming and prone to errors when done manually.

supply chain software solutions 130

supply chain software solutions Suppliers Data Management 130

Procurement Tactics

JULY 19, 2023

In this article, we will discuss what warehouse management is. We will talk about the importance and the processes involved in managing your warehouse. Additionally, we will tell you some tips on improving your warehouse management. Additionally, we will tell you some tips on improving your warehouse management.

Supply Chain Optimization 170

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 170

RPF360

JANUARY 19, 2023

Strategic sourcing managers focus on maximizing the value of vendor relationships. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360. It's a specialized skill and a rewarding path. Explore everything you need to know here.

Strategic sourcing 222

Strategic sourcing Strategic sourcing Sourcing Vendor relationships 222

ProcurePort

APRIL 19, 2022

Supplier relationship management today involves leveraging […]. The post Why Supplier Relationship Management Should Be Your First Focus appeared first on ProcurePort Blog. There is, therefore, the need to create value through strong relationships with suppliers.

Supplier relationship management 147

Supplier relationship management Suppliers Management Price 147

ProcurePort

MAY 6, 2024

Integration serves as the cornerstone of effective spend management solutions, facilitating seamless connectivity across disparate systems and data sources. By enabling enhanced visibility and automation, integration empowers organizations to optimize spending, strengthen compliance, and drive strategic decision-making.

Spend management 130

Spend management Management Sourcing Data 130

ProcurePort

AUGUST 27, 2023

In today’s hyper-connected business landscape, managing suppliers effectively has never been more crucial. This is where Supplier Management Software (SMS) comes into play. This is where Supplier Management Software (SMS) comes into play.

Suppliers 130

Suppliers Management Networking 130

ProcurePort

JANUARY 9, 2024

Managing these relationships efficiently is no longer a choice but a strategic imperative. As businesses expand their network of suppliers, service providers, and collaborators, the complexity of vendor management grows exponentially. These relationships are complex and important for operations.

Vendor management 130

Vendor management Vendor relationships Management Networking 130

ProcurePort

OCTOBER 25, 2023

• Vendor management is essential for cost efficiency, quality assurance, risk mitigation, and fostering innovation through collaborative relationships with suppliers.

Vendor management 130

Vendor management Management Procurement Quality 130

ProcurePort

NOVEMBER 19, 2020

The best businesspeople manage to find additional value where others cannot. The post Hidden Benefits in the Source to Pay Process appeared first on ProcurePort Blog. However, taking this sentiment one step further, strategic businesspeople conduct continuous internal evaluations on their […].

Sourcing 264

Sourcing Strategic sourcing Strategic sourcing Data 264

ProcurePort

MAY 27, 2020

Determining how much total money spent in the last year, identifying vendors and managing their relationships, and listing out the various categories of products and services purchased are daunting tasks to any procurement team. The post Your 5-Step Procurement Spend Analysis Template appeared first on ProcurePort Blog.

Procurement 254

Procurement Procurement team Purchasing Management 254

RPF360

DECEMBER 29, 2022

Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. Explore our favorite procurement technology solutions in this blog. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.

Procurement 216

Procurement Contract management Contract Sourcing 216

ProcurePort

NOVEMBER 10, 2023

Holistic Risk Management Approach: Proactive Identification: Implementing proactive measures to identify and assess diverse risks, ranging from supply chain disruptions to market fluctuations, regulatory changes, and operational inefficiencies. appeared first on ProcurePort Blog.

Risk management 130

Risk management Risk Import Management 130

ProcurePort

NOVEMBER 20, 2023

Online Contract Management Safety Overview: Strong security measures, like encryption and access controls, are important for keeping online contract management systems safe. Strategic Considerations for Enhanced Safety: Collaboration and integration […] The post Is it Safe to use an Online Contract Management System?

Contract management 130

Contract management Contract Management Collaboration 130

Procurement Leaders

MARCH 10, 2025

An email from a CPO member a couple of weeks ago illustrated the extent to which the current disruption whether thats political, or otherwise is impacting the life of your average CPO.

Chief Procurement Officer 130

Chief Procurement Officer Management Supply market Procurement 130

RPF360

NOVEMBER 17, 2022

What does it mean to be a procurement manager? Explore the procurement manager role, responsibilities and challenges. The post What is a procurement manager? This valuable role is growing in strategic importance for many businesses. Role, responsibilities, challenges and resources appeared first on RFP360.

Management 186

Management Procurement Networking Import 186

ProcurePort

NOVEMBER 10, 2023

However, there […] The post Agile Methodology in Procurement: A Paradigm Shift in Supply Chain Management appeared first on ProcurePort Blog. This helps organizations succeed in today’s ever-changing business world.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain management Supply chain management Supply chain 130

Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Freelancers

DECEMBER 26, 2024

Effectively managing contracts for procurement processes has become an important task for companies that want… The post 10 Best Practices for Streamlining Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

Contract management 98

Contract management Procurement contracts Contract Management 98

Procurement Freelancers

DECEMBER 17, 2024

Sourcing consultants now… The post Risk Management Strategies From Leading Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News. Market uncertainties across the globe have transformed how businesses approach procurement practices.

Risk management 98

Risk management Sourcing Risk Strategy 98

Procurement Freelancers

JULY 14, 2024

It means taking care of contracts… The post 7 Steps to Streamline Your Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News. Getting business agreements handled properly is essential for businesses.

Contract management 98

Contract management Procurement contracts Contract Management 98

Procurement Leaders

JUNE 17, 2024

A couple of weeks ago, Procurement Leaders held a CPO Connect Call entitled “the death of category management” It was well attended – as one might expect, given the emotive title – with great discussion and debate about what the future might hold for the process.

Category management 130

Category management Management Influencing Procurement 130

Procurement Freelancers

APRIL 1, 2024

Good contract management acts as a compass in the maze of freelance work. It guides… The post Essential Freelance Procurement Contract Management Tips first appeared on Procurement Blog | Procurement & Supply Chain News.

Contract management 96

Contract management Procurement contracts Contract Management 96

SCMDOJO

OCTOBER 23, 2024

With numerous platforms offering online courses, including edX supply chain courses and SCMDOJO academy , it can be challenging to choose the one that best fits your needs, especially when it comes to specialized fields like supply chain management. A general platform covering various subjects, including supply chain.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 93

Art of Procurement

JANUARY 12, 2023

In this week’s episode of the Art of Procurement podcast, Philip Ideson welcomed the first guest of 2023: Stephane Morel, The post Applying Category Management to the Challenges of a New Age appeared first on Art of Procurement.

Category management 145

Category management Management Procurement 145

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 264

Price Strategy Sourcing Real-time Visibility 264

TYA Suite

OCTOBER 27, 2024

Companies require effective tools to manage their sales activities in today's competitive business world. To ensure that bids are accurate, timely, and manageable, quotation management software has become an essential tool for firms looking to optimize their quoting process. How Does Quotation Management Software Work?

Management 40

Management Real-time Visibility Price e2e 40

ProcurePort

OCTOBER 11, 2022

• The procurement process in any organization is a combination of several functions that require expertise ranging from sourcing, data collection and analysis, negotiation, accounting, risk management, project management, and many more. The post Understanding The Purchasing Procurement Process appeared first on ProcurePort Blog.

Purchasing 162

Purchasing Procurement Project management Risk management 162

ivalua

NOVEMBER 26, 2020

In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. Supply Chain Risk Management on the World Stage – Lessons Learned. Managing Risk Across the Supply Chain Remains Challenging.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Procurement Leaders

MARCH 10, 2023

For Mirela Boldu, senior programme manager – supplier risk management, managing these threats is crucial to the function. With such a large supply base, it’s not surprising to hear the business faces many different threats, including cyber risks, material availability challenges and logistics risks – to name but three.

Collaboration 147

Collaboration Supply chain Management Risk management 147