Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Jaggaer

MARCH 19, 2025

Procurement today has three overarching objectives: to maximize profitability, minimize risk, and optimize sustainability. The second has become more pronounced in recent years, notably with the Covid pandemic and supply chain disruptions. The first of these has always been with us. We want to reduce costs.

Contract management 52

Contract management supply chain budgeting Sustainability Influencing 52

The Good Spending

JANUARY 4, 2023

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. Buyers of direct materials will empathize with the availability and quality of an item rather than the price itself. Project procurement should be fast!

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

SCMDOJO

APRIL 3, 2022

Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs. Reduced manual process intervention is fundamentally impartial and increases the feedback’s reliability.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. SAP’s advancements in guided buying capability were generally a continuation of previous efforts and SAP currently partners with Zip for intake management.

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

Supply Chain Game Changer

DECEMBER 3, 2019

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. Subscribe Here! Email Address.

Inventory 56

Inventory Supply Chain Optimization Supply chain Supply 56

Spend Matters

JUNE 19, 2023

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Positive Purchasing

SEPTEMBER 5, 2023

Jonathan: We set the business up because we were convinced the World needed and was ready to embrace sustainability in both immediate suppliers and right down their extended supply chain – and a heap of conversations with prospective clients confirmed that this was indeed the case. The answer is simple – nothing.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Una

APRIL 18, 2023

By Mackenzie Oakley | April 18, 2023 Search This article is inspired by a recent episode of The Sourcing Hero podcast featuring Harold Hendrickx, a fractional CPO and the founder of TransExecutive, a company that deploys the Procurement Task Force model to help procurement teams enable, optimize, transform, and rapidly deliver value.

Procurement 98

Procurement Procurement team Leadership Supply Chain Optimization 98

Skill Dynamics

OCTOBER 19, 2023

Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. Advanced techniques via elevated supply chain skills empower procurement teams to handle complicated interactions.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Una

JUNE 6, 2023

Inventory analysis and supplier risk monitoring Predictive analytics to help anticipate demand and optimize inventory levels Helping communicate with suppliers Automating risk management and track supplier performance Keep in mind there is some risk involved in using the tool. I am going to be the buyer. My name is Buyer.

Procurement 52

Procurement Negotiation Suppliers Strategy 52

Una

JUNE 6, 2023

Inventory analysis and supplier risk monitoring Predictive analytics to help anticipate demand and optimize inventory levels Helping communicate with suppliers Automating risk management and track supplier performance Keep in mind there is some risk involved in using the tool. I am going to be the buyer. My name is Buyer.

Procurement 52

Procurement Negotiation Suppliers Strategy 52

Empowering CPO

JUNE 14, 2023

They can also create adversarial relationships between buyers and suppliers, as they often involve tough negotiations and a focus on short-term gains rather than long-term collaboration. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Planergy

JANUARY 18, 2024

Supplier-managed catalogs live within the buyer’s purchasing system, but the supplier has access to the catalog so they can maintain it. On the other hand, a punch-out catalog gives buyers access to the vendor’s website through the buyer’s procurement software.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Jaggaer

MARCH 28, 2025

As global organizations face increasing demands to do more with less, procurement and supply chain teams are under pressure to drive greater value while reducing operational complexity. Release introduces a range of enhancements that directly address common roadblocks in sourcing, contracting, and category management.

Innovation 52

Innovation Supply Chain Efficiency Procurement Procurement team 52

Jaggaer

JANUARY 14, 2025

With its enterprise platform for both direct and indirect spend, JAGGAER offers solutions to streamline and optimize spend analytics, category management, supplier management, sourcing, contract life-cycle management, procurement, invoice automation, inventory, and payment.

Supply Chain Optimization 52

Supply Chain Optimization Sourcing Supply Chain Efficiency Category management 52