Jaggaer

FEBRUARY 28, 2025

However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

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

Procurement Tactics

AUGUST 23, 2022

The contract management process involves contract request, authoring, negotiation, approval stages, execution, and signature. Want to take your negotiation results to the next level? Enhancing strategic sourcing through data analysis. Negotiation. Enhanced contract visibility. Editor's note: Hi there!

Contract management 130

Contract management Contract supply chain software solutions Management 130

Jaggaer

OCTOBER 24, 2024

Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining supplier capacity in a high-risk category, supplier collaboration works to your advantage. Environmental, social, and governance (ESG) goals : Your overall ESG footprint is impacted by suppliers.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

JANUARY 13, 2016

When incorporated into an efficient strategic sourcing process, collaboration can result in better visibility into total costs and a better negotiation position. Finally, manufacturers cannot overlook the importance of building a collaborative relationship between one’s sourcing group and its finance department.

Collaboration 100

Collaboration Suppliers Supply Chain Efficiency Supply Chain Visibility 100

Una

OCTOBER 17, 2023

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Skill Dynamics

OCTOBER 19, 2023

Effective role-based training for sourcing managers therefore includes training that sharpens their strategic thinking, supplier assessment, and market analysis skills. Contract negotiators, on the other hand, have a focus on drafting, reviewing, and negotiating contracts.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. About Kodiak: .

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52