ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Disruptions in global supply chains, labor market shortages, strong consumer demand.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Jaggaer

OCTOBER 24, 2024

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.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

FEBRUARY 5, 2025

MCIPS: The Gold Standard in Procurement Qualifications MCIPS is a globally recognized professional qualification that signifies a deep understanding of procurement and supply management. It’s a structured program with defined levels that culminate in a prestigious certification.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Supply Chain Opz

MARCH 31, 2015

Results The results of "10 Greatest Purchasing Books Ever Written" are listed in alphabetical order as below, 1) Category Management in Purchasing: A Strategic Approach to Maximize Business Profitability by Jonathan O'Brien 2) Next Level Supply Management Excellence: Your Straight Bottom Line Roadmap by Robert A.

Purchasing 111

Purchasing supply chain budgeting Price negotiations Supply chain management 111

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult.

Suppliers 84

Suppliers Management Quality Import 84

ivalua

OCTOBER 24, 2022

Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. So what’s pressuring procurement and supply chain leaders the most?

Procurement 100

Procurement Agile and Lean Supply Chain supply chain budgeting Procurement team 100

Skill Dynamics

JUNE 26, 2024

Finding skilled professionals to manage complex marketplace networks is a challenge Skill Dynamics often see in businesses we speak to. We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 52

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Una

AUGUST 9, 2022

Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. Industries seeking a new cost reduction strategy. but face higher costs in doing so.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. In addition, CPOs and procurement managers should discover new strategies to satisfy their objectives in order to obtain greater outcomes without having to spend more money. . Risk management and compliance : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Jaggaer

APRIL 14, 2020

Bulgaria was excluded from the restriction and started building the “ world’s largest parking lot for trucks ” to manage freight transfers to and from Turkey, also a major supplier to the EU not just of agricultural but also manufactured goods. To further reduce costs, many buyers rely on just one supplier for certain categories of spend.

supply chain budgeting 52

supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

NOVEMBER 16, 2022

Disruption Management has become a major discipline in today’s Supply Management doctrine. The abatement of supply risks is at the heart of such doctrines and strategies. NLPA designed the Supply Risk Ecosystem Framework to conceptualize supply landscapes regarding supply risks. Recommended Reading.

supply chain budgeting 52

supply chain budgeting Supply Risk management Supply chain 52

Supply Chain Game Changer

NOVEMBER 13, 2018

The process of strategic sourcing starts with spends analysis and category management, which identifies, consolidates and standardises information from a wide range of data sources. Category management has been the only credible procurement strategy since the late 1990s, and that may be about to change. So what are the new realities?

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

NLPA (Next Level Purchasing Association)

JULY 20, 2023

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. How do you define cost savings in a way that will be embraced by Executive management? You see, executive management uses standard financial statements as their “scorecard” for the business.

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. As an increasing number of companies prioritize cost containment, the pressure is on for procurement.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Una

JULY 25, 2023

Doing so reveals the topics that our community of procurement and supply managers are most interested in, from the latest trends to perennial topics that will never go out of date. This article explores the importance of monitoring supplier KPIs and why having them in place is key for reducing costs and improving your bottom line.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Supply Chain Opz

JULY 31, 2012

Air Force decided to implement a spend analysis program due to a budget cut. They conducted an extensive literature search, carried out an extensive analysis and published the result in the report called " Using a Spend Analysis to Help Identify Prospective Air Force Purchasing and Supply Management Initiatives ". A Case Study.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain management Supply chain management 40

World of Procurement podcast

AUGUST 8, 2021

I caught up with Erin McFarlane, VP of Services at Fairmarkit to talk to her about her reason for being in the Procurement space and what Fairmarkit offers as a service to people like you and me as Procurement and Supply Chain pros. We talk about how COVID changed this and pushed forward the need to digitalised.

Sourcing 52

Sourcing supply chain budgeting Supply chain Sustainability 52

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Claritum

NOVEMBER 28, 2016

Contract management. Supplier relationship management. Supplier risk and management. Procurement performance management. Supplier information management. Innovation management. Direct procurement management. 30% Cost control and supplier negotiations. 30% Cost control and supplier negotiations.

Procurement 50

Procurement Eprocurement Networking Sourcing 50

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Due to globalization, growing consumer demands on transparency, the pertinence of sustainable development and technological advancements, procurement and supply chain professionals have been highlighted as an integral part of their organizations. Subscribe Here! Email Address.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

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. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Procurement Templates

JUNE 18, 2023

Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success. Attend workshops, seminars, and conferences related to procurement and supply chain management.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

Una

JANUARY 29, 2024

The Sidekick #001 2024 Is Going To Be A Doozy Kris Lance VP & General Manager, Una January 30, 2024 Image: Marian Kamensky Intro Welcome to the inaugural issue of The Sidekick ! I’m Kris Lance, VP & General Manager at Una, and I believe every Sourcing Hero (that’s you!) What would it mean for supply chains?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Sourcing 52