Supply Chain Game Changer

JULY 14, 2021

At their root, these two roles coexist with conflicting purposes, but function stronger together than they do apart, as they are — at times — seemingly contrary forces that actually are complementary, interconnected, and interdependent in any business. Procurement is fundamentally centered around the act of acquisition and/or buying.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Procurement Software

OCTOBER 1, 2024

It’s almost always down to one, or probably more, of these prevailing factors: Misaligned business objectives Poor data Inadequate or clunky technology Lack of mandate These are usually a product of the procurement team and its leadership. A completely decentralised procurement and buying function can hamper this.

Procurement 52

Procurement Procurement team Real-time Visibility Influencing 52

Una

JUNE 6, 2024

The company’s leadership realized they had a serious problem on their hands – without the support of the community, this project simply couldn’t move forward. One powerful way procurement can contribute is through intentional supplier selection and management.

Procurement team 52

Procurement team Ethics Suppliers Procurement 52

Arkestro

NOVEMBER 7, 2023

With such strides in manufacturing on the horizon, questions about how businesses’ procurement processes can keep up are naturally following, especially from corporate leadership teams. Inextricably linked to these questions about procurement are questions about the supply chain.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

SCMDOJO

SEPTEMBER 18, 2023

Learn more about different types of positions included in the procurement function and read up on all the different roles and their job descriptions in this blog. What is procurement in business? It encompasses various functions, including sourcing, supplier selection, negotiations, and contract management.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Claritum

NOVEMBER 16, 2018

Within this environment, the Procurement has to remain focused on maximising financial results associated with the supply and use of goods and services. It is procurement at the heart of any impact on P&L. This is a changing and dynamic world and Procurement has to keep up to date if they are going to impact on P&L.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Claritum

SEPTEMBER 27, 2018

For FP organisations the focus is on conformance to a minimum set of regulations to do effective business. Procurement is constrained only by this minimum set. Tracking of spend is less rigid for the FP sector, though of course good business practice would be to have an audit trail of all spend. LEADERSHIP SKILLS.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Claritum

AUGUST 4, 2020

It is procurement at the heart of any impact on P&L. Financial management within Procurement is therefore of critical importance. The Hackett Group summarises this well: "The leadership and management challenges to create awareness, get support, and galvanize all the. multi-disciplined sport of procurement are daunting.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Pipefy

MAY 9, 2023

Procurement ROI How does money spent by a business’ procurement department pay off? The procurement return on investment (ROI) KPI measures this, effectively showing leadership how its procurement operations affect the overall bottom line.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52