ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

FEBRUARY 5, 2025

MCIPS: The Gold Standard in Procurement Qualifications MCIPS is a globally recognized professional qualification that signifies a deep understanding of procurement and supply management. It’s a structured program with defined levels that culminate in a prestigious certification.

Procurement 59

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

ivalua

MAY 17, 2023

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Nashville: Recap + Photos! This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. What’s next?

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

Procurement Tactics

JUNE 7, 2023

It is a strategic method of managing suppliers, where the focus is on aligning suppliers and partners with your business strategy. It provides a digital platform for managing various aspects of the supplier relationship , such as sharing information, coordinating activities, exchanging documents, tracking performance, and resolving issues.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Heads

DECEMBER 15, 2022

I took a job at Digital, which became Compaq and Hewlett Packard, in the supply chain team, managing the inventory for the organisation. They gave me a really good insight as Group Procurement Manager into the healthcare industry for the next four years managing everything a hospital buys.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

ivalua

APRIL 5, 2023

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Paris: Recap + Photos! Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap. What’s next? Join us for Ivalua NOW Nashville on May 3rd!

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

SCMDOJO

JUNE 28, 2024

Gender diversity in supply chain teams fosters collaboration, enhances decision-making processes, and leads to more effective solutions that resonate with diverse stakeholders. Stronger Teams, Better Decisions: Moreover, diversity in supply chain management contributes to improved employee morale and engagement.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

HICX

SEPTEMBER 16, 2024

Supplier Information Management (SIM) should be a key consideration for organizations looking to save money in Procurement while increasing profitability, in particular for those seeking to scale and obtain a more significant market share. This is especially the case as supply chains become increasingly complex and digitalized.

Suppliers 52

Suppliers Management supply chain software solutions Supply Chain Efficiency 52

Supply Chain Game Changer

APRIL 15, 2020

Sometimes, digitalization requires change management, process shifts, and organizational restructuring. The inner ring & central focus areas being: Strategic Sourcing Contract Management Requisitioning Purchasing/Spot Buys Payment Spend Analysis. And you can’t brave this new world without solutions to manage your suppliers.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

Arkestro

JANUARY 9, 2024

Contract management. Supply Chain Resilience The pandemic highlighted the importance of supply chain resilience. As procurement teams strive to meet ESG initiatives and navigate continued economic and geopolitical uncertainties, supply chain resilience continues to be a top priority.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 30, 2023

This is where the concept of managed procurement services comes into play. Managed procurement services, a key facet of business process outsourcing, is a solution that allows businesses to delegate their procurement tasks to external experts. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Procurement Software

APRIL 2, 2024

Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Along with niche category specific procurement tools, there are also project management and internal collaboration applications in this space.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

TYA Suite

JULY 17, 2024

A procurement strategy is a comprehensive plan designed to streamline and manage the process of acquiring goods and services an organization needs to operate efficiently. Collaborating closely with key suppliers fosters innovation, reduces lead times, and enhances supply chain resilience. :

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 27, 2023

This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring. Strategic Supplier Management: Digital tools enable comprehensive supplier performance monitoring and evaluation. This leads to significant cost savings and improved operational efficiency.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40