Procurement Templates

SEPTEMBER 14, 2023

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. Instead of treating suppliers as mere transactional partners, organizations should engage them as strategic allies in the quest for sustainability.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Procurement Templates

MARCH 3, 2024

This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently. Stakeholder Engagement : It’s important to involve relevant stakeholders in the assessment process to ensure that their needs and preferences are considered.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? What makes the role of ESG Procurement Manager so attractive?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Spend Matters

OCTOBER 4, 2024

We also caught up with practitioner clients and contacts who were in attendance to kick the proverbial tires and learn more about the ‘space’ (which is partially about intake management, but also concerns broader orchestration, which can mean everything from process coordination/integration to next-gen management of procurement itself).

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

Supply Chain Trend

OCTOBER 14, 2016

Coach to Change : The coaching goal in this phase is to increase acceptance and display of value creating S&OP behaviours like process and meetings disciplines, sharing functional plans, open communication, transparent data usage, public KPI sharing and cross functional cooperation. A Net Promoter Score and the future of S&OP.

supply chain budgeting 84

supply chain budgeting Supply Chain Efficiency Influencing Stakeholder engagement 84

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). Hansen ( 4 ).

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. When implemented with clear objectives, the procurement strategy will provide a roadmap for procurement managers to follow.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Purchasing is more transactional and tactical.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

The Good Spending

AUGUST 23, 2022

It is agreeable that demand management is the sign of ultimate procurement professionalism. Value creation as the result of stakeholder engagement The authors of Stakeholder Salience model built their work around the process of value creation. If you managed to fully or partially waive it, then it's cost avoidance.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

TYA Suite

JULY 17, 2024

Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. With digital tools and automation, businesses can enhance procurement efficiency, streamline processes, and leverage data for informed decision-making. to meet the unique needs of each category.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Una

NOVEMBER 29, 2023

But with the elves’ help, Santa is able to put his freed-up time to valuable use, with activities such as mapping out the most fuel-efficient route around the globe, analyzing the data on his naughty and nice lists, and spending some quality time with Mrs Claus. Things you can do while a GPO works behind the scenes And what about you?

Supply Chain Efficiency 52

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

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

The Procuretech Podcast

OCTOBER 10, 2023

In the first section, he discusses fundamental challenges and opportunities in procurement, highlighting the change management process during digital transformations as a significant hurdle. He stresses the importance of involving stakeholders, as well as the need to improve internal marketing and communication efforts.

supply chain software solutions 40

supply chain software solutions Stakeholder engagement supply chain budgeting Supply Chain Efficiency 40

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

TYA Suite

NOVEMBER 25, 2024

This approach involves analyzing the entire supply chain to ensure that products are sourced, produced, and disposed of in ways that are ethical and eco-friendly. By prioritizing energy-efficient products and sustainable materials, organizations can reduce their operational expenses over time.

Sustainability 40

Sustainability Import Supply Chain Efficiency Procurement 40

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. Introduction A. Understanding the Healthcare Landscape A. These cost pressures necessitate a strategic approach to spending and resource allocation.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Claritum

JUNE 13, 2019

To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain. For example, is your focus on strategic long-term supply relationships to support your manufactured product? Risk Management.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

IBM Supply Chain Blog

NOVEMBER 30, 2023

Beyond simply filling open roles, a comprehensive talent acquisition strategy encompasses a holistic approach to talent management , from identifying organizational needs to nurturing relationships with potential candidates. Communicate with transparency. This helps create a smoother and more efficient experience.

Strategy 61

Strategy Sourcing Leadership Networking 61

IBM Supply Chain Blog

AUGUST 2, 2023

This need becomes apparent when teams progress several steps into the process, only to discover that their old approaches do not effectively address the management costs introduced by the new technology. But now, IT is much more of a team sport, and the older approaches aren’t always effective or cost-efficient.

Real-time Visibility 55

Real-time Visibility Import e2e Product management 55

Skill Dynamics

NOVEMBER 13, 2023

This also lets us regularly communicate each learner’s progress against their KPIs to all stakeholders, which helps to promote transparency and accountability throughout the training process. At Skill Dynamics, each learner within a business that partners with us undergoes a skills gap assessment.

Strategy 52

Strategy Stakeholder engagement Supply Chain Efficiency Data 52

Empowering CPO

JUNE 27, 2023

As organizations strive to stay competitive, they are increasingly recognizing the need to leverage digital technologies to streamline processes, improve efficiency, and drive growth. This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. They have a team of 10 procurement category managers. Each of those category managers earns $100,000 gross per year, which gives me a $1 million salary bill. I fully accept that.

Category management 40

Category management Procurement supply chain budgeting Budget 40

Procurement Insights

APRIL 7, 2025

This model ensures that procurement operations are efficient, compliant, and aligned with organizational objectives by managing workflows from the initial request (intake) through to the execution and fulfillment of procurement tasks (orchestration). Intake & Orchestration : Improves tactical efficiency (e.g.,

Real-time Visibility 52

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

SCMDOJO

JANUARY 15, 2025

Embarking on a supply chain career offers exciting opportunities, but success requires understanding the diverse roles and specializations within the field. Mid-Level Opportunities Mid-level roles, like supply chain analysts and procurement specialists, involve process evaluation, supplier negotiations, and team supervision.

Supply Chain Efficiency 52

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