Procurement Insights

MARCH 23, 2025

sourcing, PO processing, supplier management). Quantitative Effect: A 2024 Procurement Magazine report cites 20-40% FTE reduction in procurement teams with successful digital tools. Delivery performance sees stronger gains than quality due to direct ProcureTech leverage over supplier processes and real-time tracking.

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Suppliers 52

The Good Spending

DECEMBER 27, 2023

The source link. Eventually, we embraced the same spirit and went deeper than usual into the requirement analysis and sourcing strategy development, which allowed us to harvest some exciting outcomes - we even teamed up with HR to patch loopholes in some policies before we started negotiations, so the scope was spot-on. 

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Demand Supply Chain Optimization Negotiation 52

Procurement Insights

MARCH 22, 2025

However, Procurement Magazine (2024) notes rapid evolution in ProcureTech, with providers adapting to diverse client needs, suggesting flexibility in acceptance. For a mid-tier estimate, around 80% aligns with multiple sources (e.g., Best Guess: 30% is a reasonable midpoint, balancing profit motives with practical limits (e.g.,

Risk 52

Risk Procurement Quality Influencing 52

ivalua

MAY 17, 2021

This means that an organisation needs to ensure a compliant process for the initial request for an agreement involving outsourcing, sourcing activities, contract creation/amendment, supplier management, etc. . Compliance is spread across the whole contracting process.

Procurement 130

Procurement Contract Procurement team Sourcing 130

Supply Chain Game Changer

APRIL 8, 2020

Take the time to invest in yourself and consider taking online courses in the Supply Chain field, such as those offered by authoritative sources such as Supply Chain Canada ( www.supplychaincanada.com ). Practice responsible and ethical sourcing. Sharpen the saw. Learn from today, plan and prepare for tomorrow.

Supply Chain Efficiency 124

Supply Chain Efficiency Supply chain Supply Supply chain management 124

The Network Effect

MARCH 25, 2016

In a recent CIO magazine interview, Target CIO Mike McNamara discusses some of these frustrations, and Target’s $1 billion plan to meet them. ” Source: “Target CIO Adds Custom Apps…” CIO.com. . Source: “Target CIO Adds Custom Apps…” CIO.com.

supply chain software solutions 41

supply chain software solutions Sourcing Raw materials Networking 41

SCMDOJO

FEBRUARY 19, 2024

Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. Figure-d: A New Lean Six Sigma (source: Abramowich, 2008) Deployment Models Various deployment models have been proposed to guide organizations in implementing Lean Six Sigma effectively. – Six Sigma creates a link between tactical actions and strategic focus. .

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 98

SCMDOJO

MARCH 25, 2022

However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses. NAPM published a new magazine, Purchasing Magazine, in 1965. In the fall of 1961, the American Transportation Association published its first issue of Transportation Magazine.

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

Una

NOVEMBER 30, 2022

Procurement departments are adopting digital sourcing strategies to automate routine processes and fill employment gaps. Integrating traditional procurement talent with new people with new ideas from inside and outside the business should create a strategic, high-performing sourcing team that increases its influence across the organization.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Supply Chain Collaborator

AUGUST 13, 2015

191 qualified global logistics practitioners were surveyed in 2015 by American Shipper magazine for their seventh annual benchmark study of transportation management. The 31 page report was full of valuable insights and is worth reading in its entirety.

Logistics 69

Logistics Real-time Visibility Management Supply Chain Optimization 69

Una

SEPTEMBER 20, 2022

According to an article in the May 2022 issue of CIO Magazine , companies are earmarking more budget money for IT to beef up cyber security, automate processes, and improve customer service experiences. . Una’s team of Sourcing Advisors is here to help. Get in Touch. Do you have questions about group purchasing?

Budget 98

Budget Purchasing Collaboration Vendor management 98

Empowering CPO

DECEMBER 7, 2020

Preparing list of eligible suppliers before publishing an RFP or RFI is one of the most important step during execution of strategic sourcing process. Answers to even few of the above questions proves that just relying on these databases and directories is a sure shot method of jeopardizing the strategic sourcing process.

Suppliers 52

Suppliers Strategic sourcing Strategic sourcing Procurement 52

Supply Chain Game Changer

JULY 23, 2020

They diversify supplier bases to reduce risk, provide massive cost savings, allow companies to quickly offer new products, and find sources of innovation through closer supplier collaboration. Across industries – and in the wider public – leaders are waking up to the fact that Supply Chains are about more than just moving stuff around.

Supply chain 104

Supply chain Leadership Supply Logistics 104

Positive Purchasing

AUGUST 14, 2023

Industry/Trade magazine Industry/Trade website Third party review Other * By submitting this form you agree that we may process your information in accordance with our privacy policy and you are happy to receive marketing communications from us related to our Services and the industry we operate within that might be of interest to you.

Sustainability 52

Sustainability Procurement Procurement strategies Purchasing 52

Procurement Tactics

AUGUST 29, 2022

The Sales and Marketing Management magazine has called Colleen and her company, Engage Selling, one of the top 5 most effective sales training organizations in the market today. . Implementation of long-term Procurement & Sourcing strategy: conducting & implementing an annual procurement Plan for over 8 years. LEARN MORE.

Negotiation 130

Negotiation Influencing Strategy Leadership 130

HICX

MARCH 10, 2023

Chief procurement officers (CPOs) rapidly implemented point solutions to meet their mandates while keeping established source-to-pay and procure-to-pay suites to manage sourcing and spend. Read on Procurement Magazine To solve this problem, they turned to procurement.

Chief Procurement Officer 52

Chief Procurement Officer Suppliers Sustainability Data 52

Supply Chain Game Changer

MARCH 23, 2020

Establish data trustworthiness and a single source of truth — otherwise users may be wary about believing their findings. As Strategic Finance Magazine points out, the major principles of effective data governance are accountability, standardization and quality. Oversee data usage and security through strong centralized governance.

Supply Chain Optimization 71

Supply Chain Optimization Data Supply chain Quality 71

Supply Chain Game Changer

JUNE 11, 2022

You can always find inspirations from online sources to help you in your design. Brochures come with many different binding options (magazine staples, saddle stitching, etc.) The human brain processes visuals more quickly than words, which is why it’s important to include plenty of pictures in your brochure design.

supply chain software solutions 109

supply chain software solutions Import Supply chain Supply 109

Strategic Sourceror

FEBRUARY 1, 2023

"My chickens have not laid an egg since July, and nothing's changed," said one man in a TikTok video, as reported by Evie Magazine. But both professional and amateur chicken farmers have taken to social media and said some of their chickens have gone several months without producing a single one.

Price 62

Price Strategic sourcing Strategic sourcing Procurement 62

Supply Chain Collaborator

NOVEMBER 20, 2015

Food shippers understand this dynamic and spend considerable time and money on developing strategies to source, process and deliver quality ingredients in the most cost effective, quality-focused way possible. This reality was illustrated by a recent article in Food Logistics magazine titled, “ TMS Needs Diversify in the Food Supply Chain ”.

Supply Chain Optimization 60

Supply Chain Optimization Route optimization supply chain software solutions Quality 60

Supply Chain Collaborator

MAY 24, 2016

The capture and maintenance of transportation records also makes it easier to identify the sources of contaminated product quickly before tainted foodstuffs are widely distributed making for more proactive management of perishable products. Read the article in the current issue of Food Shippers of America magazine.

supply chain software solutions 60

supply chain software solutions Supply chain management Supply chain management Supply Chain Optimization 60

The Network Effect

MARCH 25, 2016

In a recent CIO magazine interview, Target CIO Mike McNamara stresses the same point: “We need to get the fundamentals in place and that’s because the stress and strain we put on our supply chain today is very different to what was the case four or five years ago.”

supply chain software solutions 40

supply chain software solutions Raw materials Supply chain Networking 40

PASA (Procurement and Supply Australasia)

DECEMBER 11, 2022

Many procurement teams started work in 2022 on this key question – which is more important, saving cost by sourcing from lower-cost countries or reducing risk of non-supply from far flung sources? . We already source from an oligopoly in Australia and New Zealand. Rebalancing COST v RISK will be a key priority for all in 2023.

Procurement 52

Procurement Agile and Lean Supply Chain Supply chain Suppliers 52

Supply Chain Game Changer

JUNE 8, 2021

I read multiple magazines and supply chain blogs to keep current. Supply chain provides a unique opportunity to cultivate broad skills from marketing, strategic sourcing, finance, manufacturing and logistics to enable some of the most coveted skills in any organization. Danny Wang, VP Sourcing and Procurement at Canada Goose.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 97

Supply Chain Trend

OCTOBER 31, 2016

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. Initially look for a sample of core, multiple sources to gain your own core understanding, and best/good practices to help in the planning and implementation of S&OP in an organization.

Supply Chain Optimization 121

Supply Chain Optimization Supply Chain Efficiency Leadership Supply chain 121

Supply Chain Game Changer

NOVEMBER 17, 2018

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. This was my first foray into the world of supply.

Leadership 74

Leadership Supply Chain Optimization Supply chain Supply 74

Supply Chain Game Changer

NOVEMBER 11, 2018

More world-beating companies are recognizing that the goodwill you get from transparency in your Supply Chain can be a major source of competitive advantage – while also helping to make the world a more humane place. More and more consumers are demanding accountability and openness about where their products come from.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Supply chain Supply 59

Procurement Software

JANUARY 16, 2023

A review by a Procurement Category Manager who uses the software almost daily should carry more weight than somebody who occasionally logs in to observe an e-sourcing event, or to approve a contract. So, you’ve just read a piece in a popular procurement magazine or blog. Who is giving the review?

Procurement 59

Procurement Buyers Change management Category management 59

Claritum

OCTOBER 3, 2017

As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. Insights Success Magazine. Claritum Article - Procurement Blog. A Varied Range of Unparalleled Solutions.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Supply Chain Game Changer

AUGUST 1, 2019

As explained by Digitalist Magazine , the top problems in today’s warehouses using data include: Inability to access data and analytics remotely. Too many data sources and collection points to efficiently manage. However, the use of data is not what sets the next-generation warehouse apart. Delays between data loading and application.

Data 52

Data Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Supply Chain Opz

JANUARY 31, 2016

Since good team building books need to strike the right balance between simplicity and usefulness, we then try to find team building books recommendations as below, - We build the list of of team building books based on best selling data on Amazon.com in 3 categories, namely, Human Resource Management, Leadership and Team Building - We also gather (..)

Leadership 40

Leadership Data Sourcing Management 40

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Library Prime Storage is the area dedicated for book/magazine.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Barkers Procurement

JUNE 28, 2022

Fast forward to January 2022 and I was reading my wife’s Red magazine that included a feature on New Year’s resolutions, which is where I first read about The One Million Mentors scheme. Specialising in technology sourcing, specifically in Software, SaaS, Business Applications, and IT Services.

Leadership 52

Leadership Sourcing Purchasing Management 52

Supply Chain Trend

NOVEMBER 27, 2016

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. A group, eligible to comment on the current state of S&OP.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Leadership 100

Supply Chain Game Changer

SEPTEMBER 16, 2020

Other industries that don’t ship physical goods (for example Financial Services or Insurance) have adopted sophisticated Strategic Sourcing methodology for their Procurement. What’s more? Only 17% of Chief Supply Chain Officers in North America were women.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Positive Purchasing

DECEMBER 6, 2022

Avoiding these, or being prepared for them, is arguably the greatest source of value the supply base can deliver. E’: effectiveness of operations The next source of supply chain value is ensuring that the business runs smoothly and effectively. It first appeared on the Supply Management magazine on 6 September 2022.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52

Procurement Templates

JANUARY 17, 2024

Customers may gratefully accept the planning help today but, if switching costs are low, they may accept concessions from another source tomorrow. In comparable fashion, conventions for interfacing can facilitate the use of software packages from different sources. Implications of lost-for-good.

Demand 130

Demand Management Buyers Purchasing 130