Spend Matters

MARCH 25, 2025

Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. Finance departments focus on spend visibility, payment optimization and cost control.

Stakeholder engagement 94

Stakeholder engagement Management Procurement Influencing 94

Procurement Templates

DECEMBER 11, 2024

Improve Transparency: Use dashboards and reports to provide real-time procurement updates to all stakeholders. Engage in Active Listening: Conduct regular meetings with stakeholders to understand their evolving needs and integrate feedback into procurement strategies.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

FEBRUARY 13, 2025

a snack food company, came from how they intentionally targeted key strategic initiatives under Senior Vice President and Head of Procurement Ron Schnurs leadership. This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships. Team leadership and management.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Barkers Procurement

MAY 22, 2024

At Barkers our ESG Health Check concentrates on the activity within your supply chain. Assessing your supply chain performance is strategically important for your organisation as studies show that the majority (80%) of emissions and ESG risk lies in a business’ supply chain.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Stakeholder engagement Sustainability 52

Procurement Insights

APRIL 8, 2025

1999 – I introduced the Metaprise model (RAM) 2007 – In Dangerous Supply Chain Myths (Part7) , I write about the Metaprise in greater detail, including the results of its implementation in a production environment (Department of National Defence). JAGGAER Industry-specific solutions leveraging AI for supplier collaboration.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 52

Una

NOVEMBER 29, 2023

This can include implementing a formal Supplier Relationship Management (SRM) program, sharing your strategy with key suppliers, collaborating on cost-saving initiatives, and ensuring a reliable and efficient supply chain. This may involve seeking out new suppliers, optimizing supplier portfolios, and conducting competitive bids.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52