This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supplychain management and internal stakeholders as well as external partners made a major contribution to this.
In procurement, these MVPs are the professionals driving smarter and more sustainable purchasing decisions. Procurement MVPs are key to transforming the function from a cost-reduction focus to one of the greatest value generators for the organization. The Quality and Sustainability Advocate. The Risk Manager.
Sustainable SupplyChain Consulting — The Ultimate Guide. Sustainable supplychain consulting firms are hired by many big businesses to help them with their goals. In this article, we will discuss what sustainable supplychain consulting firms are. What is Sustainability in SupplyChain?
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving ChiefProcurementOfficers (CPOs) grappling with challenges that could make or break their organizations. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.
And if your organization is big enough to need a ChiefProcurementOfficer , that person is directly or indirectly responsible for every stage of that journey. Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey.
Kris Lance is a senior director with the group purchasing company Una. He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Should you invest in a software platform that can help aggregate data sources then show you, visually, what it is telling you?
2007 – Dangerous SupplyChain Myths Revisited (Part 7): Enabling Technology The Emergence of theMetaprise Discussion Excerpt: “In August 2003, the new technology successfully went live in a production environment for the DND. .” Discussion Excerpt: In my Aug. billion in 2024 and is projected to reach $16.38
Here are 10 of the top procurement blogs in the industry, known for providing valuable insights, trends, and best practices: Spend Matters One of the most influential blogs in procurement, Spend Matters covers a wide range of procurement topics, including technology, supplier management, and sourcing trends.
By Costas Xyloyiannis, CEO of HICX By helping procurement teams digitally transform their operations, businesses gain a single source of truth in supplier data. This transformation leads to cost-saving metrics and helps generate accurate ESG reports, writes Costas Xyloyiannis, CEO of supplychain technology firm HICX.
The bank’s ChiefProcurementOfficer may want to change vendor. But if (as is likely) the vendor is also a customer, for example one that recently received finance for a new warehouse, the Chief Operating Officer and customer relationship managers may have other ideas. Strongly guided purchasing processes.
ESG In SupplyChain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. ESG In SupplyChain: Creating a Sustainable Value Chain We all know just how valuable the supplychain is. Download Free Copy. Written by. Rob Biedron. 17 min read.
The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supplychain 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.
Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, ChiefProcurementOfficers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. What is Cost Saving in SupplyChain Management?
This might seem like a simple and obvious way to improve your procurement operations, but maintaining a positive supplier-buyer relationship is a vital component in ensuring good delivery, service, and quality. ” For this reason, businesses should refocus their procurement processes to operate responsibly.
This article will first of all guide you through the essentials of procurement cost savings. We’ll then take a look at how we can move beyond just purchase cost reduction. Driving added value that impacts a business’s top line, operational efficiency and brand equity can all fall within procurement’s influence.
Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supplychains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.
Subscribe to SupplyChain Game Changer. At SupplyChain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at SupplyChain Game Changer.
In analyzing each of these drivers for adopting process automation software and getting to the root of these results, it’s clear that procurement teams are in need of a solution that not only improves day-to-day operations but also future process demands as they arise — independent of IT and without compromising agility.
The Sourcing Hero The Sourcing Hero is a collaboration between outsourced group purchasing organisation Una and Art of Procurement. It’s a podcast largely focused on sourcing, but touching on all areas of procurement. This procurement podcast from B2e Media Ltd covers topics on technology, supplychain and procurement.
The supplychain may contain components of raw materials, manufacturers, wholesalers, distributors, resellers, agents, logistics, retailers and many other entities. Knowledge of part of this chain is not sufficient. Procurement needs to have real time data on the entire supplychain. Office Products.
Category Management in Purchasing , now in its 5th edition, is a comprehensive and practical guide to approaching purchasing and procurement strategically, effectively, and sustainably through category management. His updates on sustainability are exactly what the procurement industry needs.”
At the same time, procurement technology has become more affordable and easier to use. The number of procurement tools on the market has of course multiplied too, especially in the last 5 or so years. What’s the difference between purchasing manager and category manager? This can also include aspects of purchase-to-pay (P2P).
” The concept of “strand commonality” in procurement is not widely recognized as a standard term in mainstream procurement literature, but based on available discussions, it appears to have been first articulated by Jon W. SupplyChain Optimization Lets dive into supplychain optimization in the context of Jon W.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content