Skill Dynamics

FEBRUARY 4, 2025

Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

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

Procurement Tactics

OCTOBER 18, 2022

33 Procurement Interview Questions in 2022. Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. What is Supplier Relationship Management Software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What is the Cost Performance Index (CPI)? A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Planergy

FEBRUARY 24, 2025

Download Free Copy Ultimate Guide to Procurement in Education: Tips for Schools & Academies Category Spend Management Written by Keith Murphy 16 min read Tags Education Procurement Last edited February 24, 2025 Download PDF IN THIS ARTICLE What is Procurement in Education? What is Procurement in Education?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Procurement Templates

JUNE 18, 2023

Money buys less than before How should procurement manage inflation? ChatGPT Procurement departments can take several steps to manage inflation effectively. Procurement professionals should consider diversifying their supplier base to have alternative options available.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Tactics

JULY 2, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Job orders also set out clearly the path for procurement professionals to enable them to execute the procurement process efficiently.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Steps, Benefits, and Best Practices S2P covers the entire procurement lifecycle, from supplier selection to final payment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Jaggaer

FEBRUARY 5, 2025

This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. For example, carbon emissions can be costed, and delivery times or product quality might be scored numerically or based on predefined KPIs in the system.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Maximizing Value Through Continuous Improvement The role of strategic sourcing doesnt end once the contracts are signed.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply chain management Supply chain management supply chain budgeting 98

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

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

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. What is Procurement Software? How Does Procurement Management Software Work?

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Jaggaer

FEBRUARY 20, 2025

And if your organization is big enough to need a Chief Procurement Officer , 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.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

ivalua

MARCH 5, 2020

Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. I was challenged in the questions about whether we can really move away from “savings” as perhaps the main objective for Procurement.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

Procurement Heads

JANUARY 30, 2023

For the latest of Procurement Heads ‘ Futureheads series, Harsh spoke to Dan Goodson about his procurement career journey. I am an IT Buyer and procure software and hardware. You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company?

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . They’re also ramping up usage in contract management. . There are interesting challenges within the AmRest business model at the supply chain level.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! 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. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . They’re also ramping up usage in contract management. . There are interesting challenges within the AmRest business model at the supply chain level.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Una

APRIL 18, 2023

Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. By Hugo Britt | April 20, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Skill Dynamics

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

ivalua

NOVEMBER 29, 2022

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

Risk 130

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

Procurement Heads

JUNE 6, 2023

Darron: I am Director of Orbis Procurement, which is a partnership of three local authorities, and as such am Director of Procurement for Surrey County Council, East Sussex County Council and Brighton and Hove City Council. I have been in procurement way too long, I stopped counting after 25 years!

Contract management 130

Contract management Contract Supply Chain Efficiency supply chain budgeting 130

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

e2e 101

e2e Procurement supply chain software solutions Contract 101

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Spend Matters

SEPTEMBER 26, 2022

Categories: Analysis , Procurement Systems & Architecture , Spend Management , Supply Chain , Supply Chain Management , Trade Financing Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Trax, a Transportation Spend Management (TSM) solution. Read more. ).

Spend management 93

Spend management supply chain budgeting Supply Chain Optimization Management 93

Spend Matters

MAY 22, 2024

Spend Matters is researching the personal viewpoints and the practical application of AI among leaders in the procurement profession. We are welcoming both opinion and real-life use cases from senior procurement and supply practitioners to bring genuine first-hand insights to like-minded procurement professionals.

Procurement 107

Procurement Data supply chain software solutions Contract 107

Jaggaer

JUNE 28, 2024

These investments, however, aren’t going far enough: Over 40% of procurement teams state manual and inefficient processes hold them back from fully addressing the C-suite’s critical business priorities. Procurement and supply chain professionals are emerging as enterprise linchpins. Generative AI offers workload relief.

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Agile and Lean Supply Chain 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. This department manages the selection, acquisition, and payment of goods and services needed to run a business. It also involves staying informed about company expenses and credit card usage policies.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87