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. The leadership team was on board from the beginning but he still had to execute his recommendations in an orderly and intentional manner to deliver the results.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

Procurement Leaders

MARCH 10, 2025

First, it means aligning the procurement and supply strategy with that of the wider organisation more so than ever. Growth markets need to be carefully aligned with supply markets, as a simple example. What does this mean in practical terms?

Chief Procurement Officer 130

Chief Procurement Officer Management Supply market Procurement 130

Procurement Heads

OCTOBER 17, 2022

Procurement doesn’t just buy from supply markets, procurement shapes markets. It could go a number of ways, I think the dominant way in which it is going at the moment is supply market concentration, which is concerning. But when you do that for a business the responsibility is far greater.

Supply Chain Efficiency 278

Supply Chain Efficiency Supply chain Sustainability Procurement 278

Jaggaer

FEBRUARY 5, 2025

Assessment of the supply market (who offers what?) The assessment of supply markets is broken down, at least in large organizations that source strategically, into category management, with a category manager assessing the supply market for similar products and services sought.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

ivalua

MARCH 28, 2019

capturing and exploiting innovation from supply markets and individual suppliers becoming a top priority for organisations and therefore procurement functions.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

Spend Matters

MARCH 27, 2024

David has been working closely with them as they embark upon AI, a key focus of the Senior Leadership team at Blackstone. We need to understand the good, the bad and the ugly of AI to best know how to tap the power of that supply market and how best to apply it. And as Pierre explained, AI is a supply market.

Procurement 112

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 112

SCMDOJO

APRIL 26, 2023

Steps to Keep in Mind when Implementing a Category Management Strategy Know your supply market and product positioning to leverage spending and create opportunities. Well, in-depth knowledge of the supply market will inform the best category management strategy. Team leadership and management.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108