ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing. Today this rarely exists.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Supply chain 113

Supply Chain Opz

OCTOBER 14, 2013

From academic perspectives, visibility is about inter-firm collaboration, information sharing, quality / timeliness / freshness of shared data. Finding the bottleneck such as production facilities with quality issues or high downtime can save you time and resource to fix the big problems. The answer is NO.

Supply Chain Visibility 98

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

Una

FEBRUARY 18, 2025

Regardless of the industry you work in, deciding which third parties to work with requires strategic trade-offs, such as choosing between cost, quality, and lead time. 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.

Supply Chain Optimization 58

Supply Chain Optimization Supply Chain Efficiency Sourcing Supply chain 58

Supply Chain Opz

MARCH 21, 2014

As a result, issues in global supply chain management such as international trade, international transportation, global sourcing, regulatory compliance, risk management, humanitarian and sustainability won''t go away any time soon. Global supply chain environment is dynamic and many issues changes quickly.

Supply chain 61

Supply chain Supply Global sourcing Quality 61

ivalua

MAY 18, 2022

At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

ivalua

DECEMBER 19, 2018

In recent years, the company has been consistently implementing advanced technological solutions, thus improving the quality, safety and effectiveness of its operations. It employs 5500 employees in 9 facilities throughout Poland and as the only Distribution System Operator [DSO], it has its own distribution network in the country.

Supplier relationship management 100

Supplier relationship management Contract Buyers Procurement solutions 100

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

NLPA (Next Level Purchasing Association)

AUGUST 11, 2024

This region is attractive for companies seeking to outsource tech-related functions while maintaining quality. Source: Offshore Outsourcing: Industry Trends in 2023 ) Nearshoring vs Offshoring: Which is Right for You? Quality : The quality of goods or services can vary depending on the supplier’s location.

Strategy 52

Strategy Quality supply chain software solutions Import 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. How is it possible?

Suppliers 84

Suppliers Management Quality Import 84

Spend Matters

JULY 24, 2023

The biggest barriers to successful digitization according to the report are lack of data quality and lack of budget — poor integration comes next. So given the appetite for digital, what’s preventing successful uptake? in the 2021 study to 10.9%.”

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

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

Supply Chain Opz

OCTOBER 14, 2013

From academic perspectives, visibility is about inter-firm collaboration, information sharing, quality / timeliness / freshness of shared data. Finding the bottleneck such as production facilities with quality issues or high downtime can save you time and resource to fix the big problems. The answer is NO.

Supply Chain Visibility 55

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 55

Una

OCTOBER 17, 2023

Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example. Strategic sourcing involves identifying and evaluating potential suppliers based on factors such as cost, quality, and reliability.

supply chain budgeting 81

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

Arkestro

SEPTEMBER 5, 2024

I founded DS Group Advisors almost four years ago to help manufacturers, including automotive, automakers, and auto suppliers, make procurement a competitive advantage for best cost, quality, delivery, technology, and risk. I’m also actively involved in a couple of advisory boards. Subscribe to news from Arkestro.

Procurement 52

Procurement Procurement team Agile and Lean Supply Chain Buyers 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Empowering CPO

FEBRUARY 11, 2024

Building Robust Supplier Relationships Successful strategic sourcing extends beyond transactional interactions with suppliers. Engaging with suppliers as strategic partners can lead to innovation, improved product quality, and streamlined processes. It’s about fostering collaborative and mutually beneficial relationships.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 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 In 2024, there will be an added emphasis on data analytics with specific focus on data quality and management. billion by 2028.

Agile and Lean Supply Chain 52

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

Procurement supply chain budgeting Sustainability Negotiation 52

Positive Purchasing

SEPTEMBER 22, 2022

An incredible 95% of the world’s food production requires topsoil but intense agricultural methods using chemicals have ruined its quality. It now owns 15 of the 17 cobalt mines in the Dominican Republic of Congo, the biggest global source of cobalt. Big powers are beginning to seize control of future resources.

Procurement 52

Procurement Raw materials Price Risk 52

Empowering CPO

JULY 5, 2023

As we delve deeper into what to look for in a managed procurement services provider, you’ll see how EmpoweringCPO embodies these qualities, constantly adapting to better serve our clients in an ever-changing business environment. Understanding Your Needs One size does not fit all, especially when it comes to procurement.

Management 52

Management Procurement Real-time Visibility Ethics 52

Procurement Software

JANUARY 23, 2024

Along with a cloud-based supplier search engine that aims to fully automate global sourcing. Matchory strives to meet the ever-more complex needs of global sourcing, with solutions for risk mitigation, process improvement, cost-savings and market insights.

Procurement 52

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

Supply Chain Game Changer

MARCH 30, 2021

On top of that we have all other forms of economic growth, the expansion of outsourcing and global sourcing, all of which drive ever increasing demand on the over the road transportation of goods. In 2019 alone trucking accounted for almost $800 billion of expenditure in the U.S.

supply chain software solutions 64

supply chain software solutions Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 64

Zycus Cognitive Procurement

DECEMBER 9, 2020

When your supplier relations and supply chain grow globally, the complexity and the variables companies would need to monitor increase multifold. Legal, Regulatory, or compliance risk: The risk of non-compliance or non-adherence to the regulatory requirements like wages, product, or quality compliance by suppliers you’re dealing with.

Risk management 52

Risk management Risk Suppliers Management 52

Empowering CPO

JUNE 30, 2023

The complexities of global sourcing, the need for specialized knowledge and skills, the demands of compliance and risk management, and the pressure to achieve cost savings and efficiency can be daunting. 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