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Category management Supply Chain Efficiency Supply Chain Optimization 
ivalua
FEBRUARY 25, 2021
ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.
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.
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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. In this guide, we’ll explore the key principles of category management and how it can benefit your organization.
SCMDOJO
AUGUST 16, 2023
Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.
Procurement Tactics
AUGUST 25, 2022
In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . He began his career at A.T.
231 
Procurement Templates
MARCH 7, 2024
Contract management: Procedures for drafting, negotiating, executing, and monitoring contracts to ensure compliance with terms and conditions, as well as regulatory requirements. I curate best book marks so you don’t need to hunt around!
Supply Chain Game Changer
JANUARY 21, 2020
Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. What is it that makes Costco’s Supply Chain so effective? This is a massive source of efficiency.
Procurement Tactics
MARCH 16, 2023
When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. Category Management Category management sorts your spending into areas with the same supplier markets.
238 
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.
SCMDOJO
SEPTEMBER 19, 2024
At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.
Procurement Tactics
OCTOBER 13, 2022
Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. Generate and integrate efficient sourcing and category management strategies.
SCMDOJO
JUNE 28, 2024
In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.
NLPA (Next Level Purchasing Association)
FEBRUARY 29, 2024
In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.
ivalua
MAY 1, 2020
The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.
Procurement Tactics
JANUARY 8, 2023
It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. Responsible sourcing – Establishing trust and transparency in the value chain. Manage and monitor cost savings and sustainability impact for each initiative.
207 
Empowering CPO
JUNE 30, 2023
Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.
Spend Matters
OCTOBER 31, 2024
To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers. Unlike many ProcureTech companies, True ValueHub was founded and is run by procurement and supply chain industry practitioners.
Procurement Templates
DECEMBER 11, 2024
Process Efficiency: Streamline procurement processes through automation, reducing lead times and operational costs. Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency. Cut the waffle and get to the point.
130 
Future Purchasing
OCTOBER 4, 2022
Category management is the strategic end-to-end process for managing categories of related supplier spend that aligns business goals and requirements with supply market capability. Effective internal cross-functional working is the foundation of successful category management.
SCMDOJO
APRIL 3, 2022
They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).
Supply Chain Game Changer
OCTOBER 28, 2021
Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here! Email Address. Featuring Our 12 Best Procurement Articles! It’s time to air our dirty laundry.
Arkestro
JANUARY 4, 2023
Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Companies Will Scale Their Procurement Knowledge Base and Enablement Programs To Attract and Retain A New Profile of Category Management Talent. The Supply Chain Will Continue to Heal. Inflation will go down.
SCMDOJO
JUNE 6, 2024
Watch Procurement Jobs in Future I The Supply Chain Show video on SCMDOJO YouTube Channel! Ethical and Sustainable Procurement: The curriculum emphasizes the importance of responsible sourcing practices, aligning with the growing demand for ethical and sustainable supply chains. Enroll Now!
97 
SCMDOJO
JULY 18, 2023
Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.
Una
JULY 6, 2022
Una does this by offering assistance on everything from supply chain management, data and analysis, education, and more. Supply Chain Management. A lot of resources can be eaten up by trying to manage the purchasing and negotiation processes with suppliers. Category Management.
92 
Skill Dynamics
JANUARY 14, 2025
Strong negotiation can lead to cost savings, more advantageous counteract terms, and overall a much more optimized procurement chain. It also allows you to develop stronger relationships with your suppliers, allowing your supply chain to become more resilient and perhaps even unlocking some cost efficiencies through your suppliers.
59 
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. Indeed, we understand that leverage item attract negotiations, while non-critical ones are about sourcing process efficiency, buying channels, etc.
Arkestro
APRIL 25, 2023
Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.
Jaggaer
OCTOBER 24, 2024
By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.
Spend Matters
DECEMBER 21, 2023
AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.
Una
JULY 25, 2023
From determining business needs to reviewing performance and everything in between, this article explores the ten stages of the procurement cycle , provides expert tips on how to navigate each step, and explains ways to drive cost savings and efficiencies. Procurement and Supply Chain: What’s the Difference?
Supply Chain Game Changer
NOVEMBER 13, 2018
The process of strategic sourcing starts with spends analysis and category management, which identifies, consolidates and standardises information from a wide range of data sources. Category management has been the only credible procurement strategy since the late 1990s, and that may be about to change.
Spend Matters
JANUARY 5, 2024
Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk. Read part 1 here , part 2 here and part 3 here.
78 
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. How do we manage risk?
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.
52 
Jaggaer
OCTOBER 3, 2024
It starts with spend analysis to provide a detailed cost breakdown, providing the information for competitive tendering via auctions using our Sourcing and Advanced Sourcing Optimizer modules, and aggregating spend where it makes sense for better leverage in negotiations. First, organizations need to get full supply chain visibility.
NLPA (Next Level Purchasing Association)
SEPTEMBER 8, 2023
A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.
52 
Solvoyo
JUNE 10, 2020
Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. Category management and merchandise planning are at the core of retailing. As customers’ options increase, so do their expectations. 2) Early Detection.
EazyStock
MARCH 14, 2023
With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner. However, most businesses need more advanced and customized systems , such as a warehouse management system (WMS) or inventory optimization software.
52 
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. using RAG ).
88 
Supply Chain Game Changer
APRIL 30, 2019
Subscribe to Supply Chain Game Changer. 6 Trends to Make Supply Chain Managers the Heroes of Their Company! I had just inherited a new department into my organization, the Product Data Management (PDM) team. Master Data Management (MDM). The post What is Product (or Master) Data Management?
60 
Solvoyo
JUNE 9, 2020
Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. Category management and merchandise planning are at the core of retailing. As customers’ options increase, so do their expectations. 2) Early detection.
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.
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.
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