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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration vs. Supplier Relationship Management What good is having the best suppliers if you can’t communicate well enough to leverage their products and skills? The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain.

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The Science and the Art of Procurement

ivalua

The huge growth in the use of technology has been the most visible part of that developing picture. Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as Category Management. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) How Has Strategic Sourcing Evolved?

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Category management will fail if procurement and business stakeholders do not collaborate to agree a pipeline of projects

Future Purchasing

In our recently published FP Category Management Leadership Report 2021-22, 51% of respondents agreed an annual plan of category management projects with their relevant business stakeholders, compared to 39% in 2019-20. The importance of strategic alignment. There are a number of critical elements to consider.

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Managed Procurement Services: A Strategic Approach to Cost Reduction

Empowering CPO

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

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Why Is Supplier Experience Now Such a Key Priority?

HICX

Caption: Adam Brown, Procurement Strategy & Transformation, Maersk; Carmen Erhardt, Head of Digitalization, Henkel; Anthony Payne CMO, HICX; Ragnar Lorentzen, CCO, HICX; Nils Andersson, Senior Manager – Head of Strategic Sourcing Process, Orkla; and Aleks Hajdas PTP Program Lead, JTI share their views on Supplier Experience.