NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

Thinking Globally to Stay Ahead of the Competition In an interconnected world, procurement teams cant afford to think small. Global sourcing remained a critical part of procurement strategies in 2024, allowing teams to reduce risks and seize new opportunities. Of course, navigating global markets comes with its own challenges.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Una

JUNE 1, 2023

From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome. These types of jobs quickly become boring, draining your energy, engagement, and stifling innovation.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

ivalua

DECEMBER 19, 2018

The buyers, with just one click, will be able to view the offer and define the potential of a given supplier, potential risks or even view the cooperation history – both for small and larger quantity purchasing activities. About PKP Energetyka. The post PKP ENERGETYKA ON TRACK TOWARDS FULL PROCESS AUTOMATION appeared first on Ivalua.

Supplier relationship management 100

Supplier relationship management Contract Buyers Procurement solutions 100

World of Procurement blog

APRIL 23, 2024

Analytical Thinking : Understanding and interpreting data to make informed purchasing decisions. Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Global Sourcing : Navigating international sources of supply and understanding global market dynamics.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Analytical Thinking : Understanding and interpreting data to make informed purchasing decisions. Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Global Sourcing : Navigating international sources of supply and understanding global market dynamics.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 24, 2024

Today, we delve into the top 15 procurement certifications that stand as beacons of knowledge, skill, and proficiency in the industry, with a particular spotlight on the esteemed qualifications from the Chartered Institute of Purchasing and Supply (CIPS).

Procurement 52

Procurement Supply chain management Supply chain management Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

The post A Gameplan for Procurement Transformation appeared first on Next Level Purchasing Association (NLPA). These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 This increases oversight of purchasing patterns and streamlines communication and work handoffs between teams via process automation. billion by 2028. That means less errors, rework, or duplicated efforts.

Agile and Lean Supply Chain 52

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

SCMDOJO

JANUARY 30, 2023

During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations. Her focus on growth through innovation has also propelled GM to become one of the leading innovators in autonomous vehicles.

Agile and Lean Supply Chain 130

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

Positive Purchasing

SEPTEMBER 22, 2022

It now owns 15 of the 17 cobalt mines in the Dominican Republic of Congo, the biggest global source of cobalt. Jonathan O’Brien, CEO of Positive Purchasing Ltd, is a leading expert on procurement and negotiation and works with global blue-chip organizations to help transform their purchasing capability.

Procurement 52

Procurement Raw materials Price Risk 52

Arkestro

JULY 30, 2024

P2O, P2P, S2P, and Other Acronyms In the world of purchasing, you might come across acronyms like P2O, P2P, and S2P. S2P stands for Source to Pay , a broader term that includes all activities from sourcing suppliers to making payments, encompassing strategic sourcing, contract management, purchasing, and payment processes.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

Arkestro

SEPTEMBER 5, 2024

I worked at Ford Motor Company as a buyer up through purchasing director, then at two leading auto suppliers, TI Fluid Systems and ZF Group, as a global purchasing director. In automotive, most companies have very strong purchase-component, purchase-part commodity, or part-family strategies — there are a lot of different names.

Procurement 52

Procurement Procurement team Agile and Lean Supply Chain Buyers 52

NLPA (Next Level Purchasing Association)

AUGUST 11, 2024

Recommended Reading Outsourcing Procurement: Pros & Cons The First Steps of International Sourcing What is Global Sourcing? Tips to Choose the Right Strategy appeared first on Next Level Purchasing Association (NLPA). The post Nearshoring or Offshoring?

Strategy 52

Strategy Quality supply chain software solutions Import 52

Procurement Freelancers

APRIL 3, 2025

Synopsis: Explores the hidden costs of procurement and sourcing beyond just purchase price. Highlights five… The post The True Cost of Procurement and Sourcing Decisions first appeared on Procurement Blog | Procurement & Supply Chain News.

Sourcing 40

Sourcing Procurement Price Purchasing 40

Una

JUNE 1, 2023

From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome. These types of jobs quickly become boring, draining your energy, engagement, and stifling innovation.

Procurement 52

Procurement supply chain budgeting Sustainability Negotiation 52

Empowering CPO

FEBRUARY 11, 2024

The concept of Total Cost of Ownership (TCO) considers not only the purchase price but also factors in operational, maintenance, and end-of-life costs. Strategic Sourcing in a Global Context In an interconnected world, strategic sourcing takes on a global dimension.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Procurement Software

JANUARY 23, 2024

It supports them in budgeting, requesting, and ordering articles and services for their business, while benefiting from better purchasing conditions. Along with a cloud-based supplier search engine that aims to fully automate global sourcing. Their collaboration and management features give you standardised workflows.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Some companies may have a board of directors. achieves the bottom line.

Suppliers 84

Suppliers Management Quality Import 84

Claritum

JUNE 13, 2019

So, let’s start this article by breaking down the domains by nature of purchases. Purchasing raw materials that are needed within a process industry (for example oil or chemicals). Purchasing resource time of people. The purchases associated with the physical movement of goods sits here. 2 Breaking Down the Domains.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

SupplyShift

APRIL 27, 2021

Here, cotton yarn is mixed from a variety of global sources into large sheets that are then sent downstream for further production. Kate also touches on the importance of integrating and rewarding more responsible cotton sourcing practices into companies’ business models. These are the textile and spinning mills.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Sourcing 52

Positive Purchasing

APRIL 11, 2022

But a number of crises have caused companies to question that and we have also seen price hikes associated with global sourcing. Click here to discover our Supplier Relationship Management program The post How can we respond to today’s unprecedented global supply issues and rising costs? When things are great, nobody worries.

Raw materials 52

Raw materials Supply Supply Chain Efficiency Price 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. The Need for Outsourcing Procurement Services Managing procurement in-house can pose a host of challenges for businesses.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Empowering CPO

JULY 5, 2023

It can lead to significant cost savings by leveraging the purchasing power and supplier relationships of the service provider. It’s about being able to navigate the complex landscape of global sourcing, regulatory compliance, risk management, and more. Expertise in procurement is not just about understanding the process.

Management 52

Management Procurement Real-time Visibility Ethics 52

SupplyShift

APRIL 27, 2021

Here, cotton yarn is mixed from a variety of global sources into large sheets that are then sent downstream for further production. However, as Kate points out, very few companies have meaningfully implemented these kinds of responsible purchasing practices that reward and incentivize better labor conditions.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Sourcing 40