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

JANUARY 14, 2021

Procurement solutions, while basically universal, are also extremely unique from business to business and organization to organization. Even within the same market or industry; businesses make use of extremely individualized procurement solutions for a variety of reasons. The post What is Category Management?

Category management 130

Category management Management Procurement solutions Procurement 130

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

ProcurePort

JUNE 8, 2021

What does it take to be successful with category management? How can procurement managers know that their strategies are working? Procurement leaders within organizations are not unaware of the importance of procurement category management. So, what are some of the […].

Category management 130

Category management Management Strategy Procurement 130

Supply Chain Brain

JUNE 30, 2024

In the paper, "Three Mistakes Executives Make in Category Management", we explore what you should and should not be doing, provide key questions for Procurement to consider, and share a capabilities checklist for category management to deliver on its promise.

Category management 105

Category management Management Procurement 105

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

ProcurePort

APRIL 13, 2021

When it comes to procurement efforts there is an entire library of information on tactics, strategies, and practices. Two of the most common supplier-management strategies in the history of procurement are category management and strategic sourcing. Both are valid options of developing […].

Strategic sourcing 130

Strategic sourcing Strategic sourcing Category management Sourcing 130

ProcurePort

JULY 1, 2021

The strategies and tactics that procurement professionals develop and choose to implement often affect one another. The post How to Improve Strategic Sourcing with Category Management appeared first on ProcurePort Blog. Constructing a strategy out of complimentary tactics, then, is a good way to optimize value […].

Strategic sourcing 130

Strategic sourcing Strategic sourcing Category management Sourcing 130

ProcurePort

FEBRUARY 23, 2022

Category management (purchasing) in procurement refers to the grouping of related spend items together with a view of finding value opportunities. Categories can be vendors, country of origin, price, volume, or even frequency of purchase. Managers need to constantly minimize internal costs of […].

Category management 130

Category management Purchasing Management Price 130

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Spend Matters

FEBRUARY 13, 2025

As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , The success of the Procurement team at Utz Brands, Inc. ,

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Spend Matters

OCTOBER 31, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Get to know all the procurement tech providers that made our lists this year. We are delighted to introduce you to our Future 5 as we capture their voices.

Real-time Visibility 120

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 120

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Skill Dynamics

JANUARY 14, 2025

Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Spend Matters

OCTOBER 16, 2023

This Spend Matters Vendor Analysis gives an overview of Positive Purchasing’s Capella, a category strategy management solution. Despite being a discipline at the center of many procurement discussions, many organizations fail to execute Category Management (CatMan) in the most efficient or effective way.

Category management 114

Category management Management Buyers Strategy 114

Procurement Tactics

AUGUST 25, 2022

33 Procurement Interview Questions in 2022. Procurement Speakers 2022 – 10 Most Popular Experts. Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. However, not all in the field of procurement are updated as they are more focused on their work. .

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Procurement Software

MARCH 16, 2025

Digital procurement tools offer both immediate benefits and long-term returns. Below are ten areas where digital procurement can deliver almost immediate improvements. Better Data One of the biggest advantages of digitising your procurement operations is improved data quality.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Procurement Software

JANUARY 26, 2025

Procurement has the once-in-a-lifetime opportunity to evolve into a strategic powerhouse. Likewise, you could have a progressive organization who values and understands the contribution procurement could make. But then you blow this by futzing around trying to be a cheapskate and running procurement ops in ERP.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52

ivalua

MARCH 28, 2019

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Technology has radically changed procurement activities and procurement roles across virtually all our spheres of activity.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

ivalua

APRIL 4, 2019

At 2018’s Sourcing Outlook we had the honor of having Bonava ’s CPO, Mia Lewis, host a roundtable on starting a completely new Procurement organization from scratch. During the active discussion many points were brought up that I believe can be helpful for any Procurement organization, old or new, that is looking for inspiration in 2019.

Procurement 150

Procurement Category management Innovation Demand 150

Procurement Heads

FEBRUARY 20, 2023

The top of the agenda for procurement is to deliver decarbonisation, particularly through Scope 2 emissions (indirect from purchased energy) and Scope 3 emissions (indirect from purchased materials and services). It is rightly argued that Scope 2 and 3 emissions should be controlled and targeted by procurement functions within organisations.

Procurement 130

Procurement Category management Supply chain Purchasing 130

Positive Purchasing

MARCH 4, 2025

By Jonathan OBrien with Stphane Morel In the ever-evolving landscape of procurement and supply chain management, category management remains a cornerstone. However, as technology advances and digital solutions become more integrated, the approach to category management is also transforming.

Category management 52

Category management Strategy Management Collaboration 52

Procurement Heads

DECEMBER 7, 2022

For the latest in Procurement Heads ‘ CPO Spotlight series, he spoke with James Dobbin about how he got into procurement, some of the trends he’s seeing in the financial and procurement space and whether the pandemic has pushed us closer to a cashless society. How did you get into procurement?

Strategic sourcing 246

Strategic sourcing Strategic sourcing Vendor management Category management 246

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Positive Purchasing

DECEMBER 11, 2024

Procleus, Capella and Ruby Named Top Software Solutions For Mid-Market Business In the bustling landscape of procurement technology, our suite of digital platforms including Procleus, Capella and Ruby, have earned a prominent spot on ProcurementSoftware.site ‘s Procurement Tech Map for mid-market businesses.

Procurement 52

Procurement Negotiation Category management Strategy 52

ivalua

JUNE 24, 2020

Best practice financial services procurement capabilities now available for rapid deployment. Redwood City, CA June 25, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for financial services.

Spend management 246

Spend management Management Cost optimization Category management 246

Procurement Heads

JUNE 26, 2023

Procurement Heads’ Head of Industrial Practice Dan Goodson explores the obstacles encountered in these sectors and the scarcity of qualified candidates following the recruitment boom. Companies are specifically seeking Category Management specialists with expertise in developing robust supply chains to ensure uninterrupted production.

Raw materials 130

Raw materials Procurement Category management Procurement strategies 130

ivalua

JANUARY 31, 2023

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions.

Procurement 130

Procurement Category management Suppliers Data 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions.

Procurement 130

Procurement Category management Suppliers Data 130

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

Procurement Software

FEBRUARY 16, 2025

I was a Category Manager in a large FMCG company. These are: Effective Hourly Rate driving how we approach task management The art of Eliminate, Delegate and Automate to free ourselves of admin or non-value added tass Time Freedom as a concept of wealth Ive chosen to dive into these today because its the perfect moment.

Procurement 52

Procurement Category management Procurement team Management 52

Procurement Leaders

JUNE 20, 2023

Every year, Procurement Leaders’ research team explores category planning for the next 12 months. There is a vigorous debate in the world of procurement about the speed at which we transform categories. Some pioneering CPOs launch ‘big bangs’ in which categories are rolled out across the business in one rapid blast.

Procurement team 147

Procurement team Procurement Influencing Buyers 147