Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Source: [link] ). Interestingly there are many views on how to define Supply Chain.

Supply chain management 72

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 72

Claritum

MAY 11, 2018

However, you could also face many challenges when globally sourcing across geopolitical boundaries. Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult. How is it possible?

Suppliers 84

Suppliers Management Quality Import 84

ivalua

FEBRUARY 24, 2021

With over 7 years of experience in the Fashion industry managing, leading and implementing ERP and EDI Systems. Jose is now, part of the Global Sourcing Excellence organization led by Rome strengthening IVALUA related activities, trainings, and processes worldwide.

Strategic planning 100

Strategic planning Global sourcing Sourcing Purchasing 100

ivalua

MAY 8, 2019

Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.

Supply Chain Efficiency 20

Supply Chain Efficiency Global sourcing Leadership Risk management 20

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. We’re responsible for the supplier management and then supporting the business in contract management as well.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Supply Chain Opz

MARCH 21, 2014

Managing the smooth flow of material and information in global supply chain context has been a business challenge for many years and many companies tries to find the new ways to take the advantage of the shift of global economy. Global supply chain environment is dynamic and many issues changes quickly.

Supply chain 105

Supply chain Supply Global sourcing Quality 105

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Supply chain 113

ivalua

JULY 21, 2021

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Ivalua is a leading provider of cloud-based Spend Management solutions.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Competitive bidding 130

IBM Supply Chain Blog

JANUARY 31, 2024

The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. Think of it this way: sourcing is the “who” (the suppliers themselves) and procurement is the “what” (goods and services). It’s distinct from the procurement process.

Sourcing 91

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 91

Una

AUGUST 17, 2022

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Brian Chaplin, Director of Global Sourcing for Medline Industries. Brian has experience managing indirect procurement in manufacturing-centric industries like CPG, aerospace, and energy.

Procurement 98

Procurement Global sourcing Purchasing Sourcing 98

Procurement Heads

MARCH 7, 2023

“It pulls on so many soft and technical skills that after a few years in the profession if you wanted to be an Analyst – you can; go into legal – you can; a Consultant/Advisor – you can; a Project Manager – you can; go into transformation/continuous improvement- you can; be a people leader – you can (and that’s just to name a few). “It’s

Leadership 246

Leadership Procurement Agile and Lean Supply Chain Import 246

SCMDOJO

JANUARY 30, 2023

Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Her work in supply chain management helped General Motors to become a successful and profitable company in the automotive industry, with a competitive advantage and high value.

Agile and Lean Supply Chain 130

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

Positive Purchasing

MAY 3, 2024

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. The new edition provides key updates to the 5i® Category Management methodology with sustainability embedded at every step.

Category management 52

Category management Purchasing Supplier relationship management Management 52

ivalua

DECEMBER 19, 2018

The Company has already implemented a Workforce Management solution, IT tools supporting the safety management system of train operations and a maintenance system for railway vehicles along with mobile and virtual training solutions. It manages funds entrusted by renowned financial and state bodies as well as pension funds.

Supplier relationship management 100

Supplier relationship management Contract Buyers Procurement solutions 100

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The supply disruption triggered in China sent shock waves all around and shut down the global economy. The increased complexity of supply chains and global nature has expanded the scope of supply chain risk management.

Risk management 52

Risk management Risk Suppliers Management 52

Empowering CPO

JULY 5, 2023

Procurement, which refers to the process of finding, acquiring, and buying goods, services, or works from an external source, often via a tendering or competitive bidding process, plays a critical role in determining a company’s efficiency and profitability. This is where managed procurement services come into the picture.

Management 52

Management Procurement Real-time Visibility Ethics 52

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Procurement leaders are acting.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. Category management is the core engine for scaling processes.

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

CPO Rising

JUNE 28, 2024

[Editor’s Note: Ardent Partners recently published its Procurement-themed report, “Procurement 2024: BIG Trends and Predictions.” Over the next few weeks, this site will feature articles highlighting the key discussion points from the report.

Chief Procurement Officer 40

Chief Procurement Officer Global sourcing Sourcing Procurement 40

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

Whether its about navigating complex supplier relationships, managing costs, or preparing for unpredictable challenges, procurement leaders have shown that adaptability and innovation are key. Courses in supplier management and contract negotiation can help you and your team refine these critical skills.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Una

SEPTEMBER 15, 2022

For Director of Global Sourcing for Medline Industries Brian Chaplin, being a sourcing hero means listening, learning, and taking action. The people that I think are heroes are able to put aside what they think and truly listen to buyers, purchasing managers , and senior managers, and really learn from those individuals.

Procurement 98

Procurement Agile and Lean Supply Chain Purchasing Purchase orders 98

Supply Chain Opz

OCTOBER 14, 2013

So we dig deeper and found that one of the earliest articles about this was " Electronic data interchange in the automotive industry: managing information flows for greater profitability " by Jerrold Donington (1995). The use of annual contract or blanket orders will help your supplier manage the demand much easier.

Supply Chain Visibility 98

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 98

World of Procurement blog

APRIL 23, 2024

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

Empowering CPO

JUNE 30, 2023

Procurement is no longer just about sourcing goods and services; it’s about creating strategic alliances, driving innovation, and adding value to the organization. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Una

JUNE 1, 2023

By strategically managing the acquisition of goods and services, they have the power to optimize costs, enhance operational efficiency , and boost overall profitability. From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

Ms. Category Management

MARCH 8, 2020

Executive Interview with Michelle Charpentier, Senior Director at BioMarin (lead to Financial S2P process, Global Sourcing and Travel.

Global sourcing 52

Global sourcing Sourcing 52

Supply Chain Opz

MARCH 21, 2014

Managing the smooth flow of material and information in global supply chain context has been a business challenge for many years and many companies tries to find the new ways to take the advantage of the shift of global economy. Global supply chain environment is dynamic and many issues changes quickly.

Supply chain 61

Supply chain Supply Global sourcing Quality 61

Una

FEBRUARY 18, 2025

Procurement and sourcing professionals play a critical role helping decision makers discuss and rank those variables and then use them to select and contract with suppliers. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Eric Westerduin.

Supply Chain Optimization 58

Supply Chain Optimization Supply Chain Efficiency Sourcing Supply chain 58

World of Procurement blog

APRIL 24, 2024

In the dynamic and ever-evolving world of procurement and supply chain management, staying at the forefront of professional development is not just advantageous – it’s imperative. This credential is a testament to one's expertise in finance, supplier relationship management, and organizational global strategy.

Procurement 52

Procurement Supply chain management Supply chain management Supply Chain Optimization 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. And global sourcing provides businesses with access to less expensive resources in low-cost regions. Strategic sourcing can help mitigate some of that stress by reducing potential risks associated with supplier relationships.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Arkestro

JULY 30, 2024

Let’s dive right into the world of supply chain management and understand the secret sauce that helps automotive companies stay ahead in the cutthroat market! Production to Order and its Role in Procurement In the context of supply chain management, production to order significantly impacts the procurement process.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

Empowering CPO

JANUARY 28, 2024

Understanding Strategic Sourcing: Strategic Sourcing is a multifaceted strategy that extends beyond cost reduction, focusing on building resilient supply chains and optimizing long-term competitiveness. Essential Tips and Tricks: Data-Driven Decision-Making: The foundation of successful Strategic Sourcing lies in data.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Optimization 40

IBM Supply Chain Blog

JANUARY 16, 2024

This will likely involve collaboration between the product design team, project management, sales, and other departments as the business creates a detailed roadmap for how the new product will be built and deployed. Planning Once the idea has been validated, the planning stage of the new product development process begins.

Product development 74

Product development Strategy supply chain budgeting supply chain software solutions 74

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. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Una

OCTOBER 17, 2023

In addition to negotiating discounts, group purchasing organizations may also provide other services such as supply chain management , procurement consulting, and logistics support. Supplier relationship management: We’re proud of the relationships we’ve built with our suppliers.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81