Una

MARCH 30, 2023

Reporting lines make a difference: if your function happens to report to the CFO, it’s likely that the overriding focus will be on driving savings for the organization through procurement efficiencies and spend compliance. This can help support underrepresented businesses and create a more inclusive supply chain.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Purchasing refers specifically to the act of negotiating and purchasing goods or services from a vendor.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

ivalua

NOVEMBER 27, 2019

That is hardly optimal given the diversity of products, services and supply partnerships in place at most companies. It is just as valid to sign a contract extension with an incumbent supplier as it is to run a full RFP and intensive negotiation process.

Strategic sourcing 113

Strategic sourcing Strategic sourcing Sourcing Suppliers 113

Future Purchasing

OCTOBER 4, 2022

Category management is the strategic end-to-end process for managing categories of related supplier spend that aligns business goals and requirements with supply market capability. It creates cost efficiencies across spend categories and minimises supply risks through improved supplier selection.

Category management 59

Category management Strategic sourcing Strategic sourcing Sourcing 59

Procurify

JULY 20, 2022

Companies that adapt to supply chain volatility can swim against the tide. . With the current state of supply chains, purchasing managers need transparent market and supplier intelligence. A lack of supply market and supplier visibility impacts company spending, negotiations, supplier partnerships, and more.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Drive a thorough understanding of both the supply market and internal company requirements. Today’s uncertain and volatile markets make agility and change inevitable as well as essential. appeared first on Supply Chain Game Changer™. Developing in-depth understanding for knowledge based buying.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

TYA Suite

NOVEMBER 25, 2024

Strategic-sourcing uses this data to make smarter choices that improve cost efficiency. In the second step, companies use strategic sourcing to research the supplier market. moves into the negotiation phase. This approach can lead to poor choices that may impact product quality and supply chain stability.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 40

Zycus Cognitive Procurement

JANUARY 12, 2021

The process of source to contract starts with analyzing the requirement, developing a sourcing strategy, contract negotiations, contract implementation, and supplier performance management. Supply chains were severely disrupted on a global scale as countries closed their borders.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Empowering CPO

JULY 2, 2023

As companies grapple with economic uncertainties and rapidly evolving market dynamics, the focus is shifting from mere cost-cutting to strategic cost management. In this context, Managed Procurement Services offer an effective path to achieve this objective, leveraging innovation, process efficiency, and expert insights.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. This can be done by being transparent and honest with suppliers, as well as by sharing information and ideas freely.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Jaggaer

JULY 23, 2019

Supply chains are multi-tiered and therefore difficult to manage. This is not easy given the current volatility in supply markets. The procurement function also manages supplier relations, negotiations, competitive intelligence and key performance indicators.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Sourcing and Supply Chain

JUNE 24, 2021

Hence, buyers have also adopted the concept of suppliers to bundle the requirement of multiple locations and the similar product as a category to have a better understanding, control, and volume to negotiate. It maximizes value, efficiency, quality, and innovation, as well as mitigating risk. Demand Trends – India.

Category management 52

Category management Management Procurement Market analysis 52