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Expanding the influence and impact of Procurement

Spend Matters

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. For the third piece of tech, a contract management system, the Legal Department was a strong ally. It has been a home run.

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Getting to grips with tariffs, trade and compliance with Thomson Reuters

Spend Matters

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. It might even effect a decision to no longer play in a particular market.

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5 Steps Towards Modernizing Supplier Management

ivalua

Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. Yet, too few businesses do so well.

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

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?

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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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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. The Criticality of the Supply Chain (and Suppliers).

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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. It also helps to improve the effectiveness of the new product in areas such as product quality and market performance. But does it work?

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