Management Stakeholder engagement supply chain software solutions 
Procurement Templates
DECEMBER 11, 2024
Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.
Spend Matters
FEBRUARY 13, 2025
Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. Instead, he noted, we had to choose our solutions in a more targeted and perhaps even piecemeal fashion.
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SCMDOJO
APRIL 26, 2023
Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?
Jaggaer
FEBRUARY 5, 2025
The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In some categories it makes sense to conduct a competitive sourcing event, for example an online auction using eSourcing software.
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).
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.
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.
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