Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Leaders

JUNE 13, 2022

was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. As a public funded project, supply chain transparency is critical.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting supply chain software solutions 130

ivalua

JUNE 29, 2020

With rising costs and declining margins, health systems must become more efficient and productive. We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Share on Twitter. According to 2019 Definitive Healthcare data, U.S.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

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. The verdict?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. About Ivalua. Markus Leutert.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 130

Procurement Tactics

DECEMBER 21, 2022

Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. While often perceived as a middle-ground approach, supply chain negotiation strategies require strategic application to ensure long-term value and sustainability. If you want to make your negotiation processes more efficient, this tool is a must have!

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

Procurement Tactics

AUGUST 23, 2022

Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. So without further ado, let’s start uncovering contract management. .

Contract management 130

Contract management Contract supply chain software solutions Management 130

Spend Matters

DECEMBER 16, 2024

Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Supply Chain Risk Management (SCRM) complements this by systematically identifying and mitigating supplier risks, such as financial instability, geographic vulnerabilities and inconsistencies in supplier operations.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 110

Jaggaer

MARCH 7, 2025

Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency. Improve Supplier Collaboration Digital platforms facilitate smoother interactions, from onboarding to contract execution.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 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

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Optimize costs without compromising supply chain continuity. Enhanced Agility: Enables rapid response to unexpected supply chain changes.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Skill Dynamics

FEBRUARY 11, 2025

Risks are guaranteed when dealing with a supply chain, but that doesnt mean you can afford to ignore them. Understanding and addressing any legal issues within your supply chain is vital to ensuring compliance with regulations and developing an effective chain that can operate efficiently and at scale.

Supply Chain Efficiency 52

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

Spend Matters

DECEMBER 23, 2024

How customers justify procuretech investment to stakeholders Cost savings and efficiency: Direct savings and operational efficiency metrics resonate strongly with financial stakeholders. We provide customers with ROI calculations, use cases, and other tools to help quantify the potential savings and efficiency gains.

Procurement 120

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 120

Skill Dynamics

JANUARY 16, 2025

Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records. As a result, teams achieve greater productivity and efficiency. Its when youre ready to make a strategic change.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization Suppliers 52

Let's Talk Supply Chain

FEBRUARY 26, 2025

In the intricate dance of global commerce, the security of the supply chain stands as a steadfast guardian against threats both seen and unseen.As By fostering collaborative relationships and sharing data transparently,companies ‍can enhance dialog and responsiveness,ultimately bolstering supply chain security.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain e2e Real-time Visibility 52

Skill Dynamics

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 52

Spend Matters

DECEMBER 11, 2024

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures. This content is for members only.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

Let's Talk Supply Chain

MARCH 24, 2025

In a whirlwind of market turbulence, teh auto supply chain is grappling with the aftermath of a tariff blitz that‍ has sent shockwaves through component suppliers worldwide. Key strategies being adopted by component suppliers include: Diversifying the supply chain to reduce reliance on single sourcing.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 40

ivalua

APRIL 25, 2023

Thanks to seamless integrations and a solution tailored to its requirements, Aker BP will benefit from higher levels of automation resulting in more streamlined processes and better efficiency. We look forward to accelerating our procurement digitalization journey with Ivalua”. “The Learn more at www.ivalua.com.

Contract 130

Contract Suppliers Supply Chain Efficiency Sourcing 130

Jaggaer

OCTOBER 24, 2024

It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Supply Chain Optimization 52

ivalua

MARCH 16, 2020

In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

SCMDOJO

APRIL 22, 2022

The topic, Application of NFTs in Supply Chain Management, is buzzing in the supply chain & logistics space. Not only will the NFTs move the supply chain from unnecessary paper trails to an electronic platform, but they will also reduce all the bottlenecks experienced in the pipeline. Data Sharing. .

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

Spend Matters

MARCH 6, 2025

In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.

Supply Chain Efficiency 72

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 72

Let's Talk Supply Chain

FEBRUARY 27, 2025

In an era of economic uncertainty and fluctuating market conditions, the service supply chain industry is bracing itself for a ‍seismic shift as double-digit inflation looms on the horizon. The impact of this economic phenomenon ‍on supply chain operations is profound ‍and multifaceted.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Demand 52

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. For the third piece of tech, a contract management system, the Legal Department was a strong ally. It has been a home run.

Influencing 101

Influencing Procurement supply chain budgeting Strategic sourcing 101

Skill Dynamics

JANUARY 21, 2025

How can you ensure that your supply chain team are consistently up-to-speed with the modern supply chain landscape? A well-defined supply chain competency framework can be extremely useful. It typically covers key supply chain areas including procurement , logistics, demand forecasting , and much more.

Supply Chain Optimization 52

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

Spend Matters

NOVEMBER 7, 2024

Tasked with navigating the complexities of third-party risk within a legacy environment, I quickly realized the significant challenges posed by technical debt, outdated contracts and identifying business owners responsible for existing vendor relationships. What is the road ahead for Halo Ai? What does it mean to be a Future 5?

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Let's Talk Supply Chain

MARCH 5, 2025

Its unique technology enables shippers to break free of expensive parcel shipping consultants with an easy-to-use software app that brings transparency to the black box of carrier agreements. With over 8 years of experience in strategic partnerships, Jack drives innovative collaborations that advance supply chain and logistics technology.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

Let's Talk Supply Chain

FEBRUARY 21, 2025

In the heart of‍ the bustling Midstate ‍region, a once-thriving logistics supply chain company is facing a ‍paradigm shift as it announces the closure of its second‍ facility.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Logistics Supply chain 52

Supply Chain Brain

NOVEMBER 14, 2023

Bernadette Bulacan, chief evangelist with Icertis, talks about what’s needed today for companies to comply with environmental, social and governance (ESG) requirements in collaboration with their supply chain partners.

Supply Chain Efficiency 105

Supply Chain Efficiency Contract Collaboration Supply chain 105

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Supply Chain Management – A Comprehensive Introduction This foundational course by Paul Denneman is FREE. SCMDOJO offers a diverse range of courses to cater to various learning needs.

Supply Chain Optimization 98

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

ivalua

FEBRUARY 10, 2023

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

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Price Strategy Sourcing Real-time Visibility 264