ProcurePort

AUGUST 6, 2020

As with any sort of team that is composed of various people with varying obligations, procurement teams are normally staffed with a spectrum of professionals and specialists. The post The Role of a Sourcing Specialist on a Procurement Team appeared first on ProcurePort Blog.

Procurement team 130

Procurement team Sourcing Procurement Strategic sourcing 130

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages. Global Media Contact.

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Procurement team Supply Chain Efficiency supply chain software solutions Procurement 130

ivalua

FEBRUARY 10, 2022

The post BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA appeared first on Ivalua. We are trusted by hundreds of the world’s most admired brands and recognized as a leader by Gartner and other analysts. Learn more at www.ivalua.com. Follow us at @Ivalua.

Procurement team 130

Procurement team Procurement Spend management Sustainability 130

ProcurePort

SEPTEMBER 11, 2020

Because the procurement department is so large and comprehensive in it’s functionality, departments often make use of a multitude of softwares. The post Purchase Order Requisition Software Developments for Your Procurement Team appeared first on ProcurePort Blog.

Purchase orders 130

Purchase orders Procurement team Purchasing Procurement 130

ProcurePort

JULY 14, 2020

As a procurement professional whose job is to secure reliable vendors for clients, it is imperative to take advantage of all the resources available to you such as automated RFI templates to make the outsourcing process more efficient. The post An RFI Template Your Procurement Team Can Easily Follow appeared first on ProcurePort Blog.

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Procurement team Procurement Suppliers 130

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By combining spend visibility with insights from AI, procurement teams are better equipped to implement category-specific cost savings initiatives.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

ProcurePort

JANUARY 23, 2020

As a company, it is important to run a procure to pay system if you are concerned about managing cash flow, making profits and doing business with reputable suppliers. The post 5 Procure to Pay Risks Procurement Teams Could Miss appeared first on ProcurePort Blog. In this post, we’ll look at 5 […].

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Procurement team Risk Procurement Suppliers 130

ivalua

JULY 21, 2020

The Hackett Group study, “ Strengthening the Procurement-IT Partnership Elevating performance and accelerating value ”, July 2020 is one of a series of great reports which seek to provide guidance on what Procurement teams are doing well and on how they can improve. Blending of IT and procurement teams.

Procurement team 130

Procurement team Collaboration Procurement supply chain budgeting 130

Supply Chain Brain

OCTOBER 8, 2024

DPW predicts that 2025 will see a concerted drive towards a digital revolution in procurement, signaling a shift from operational technologies to more strategic, relationship-driven solutions.

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Procurement team Procurement 115

ProcurePort

JANUARY 13, 2020

Utilizing the types of reverse auction teams understand and excel in is crucial in market success these days. Introducing Reverse Auctions Reverse auctions are one of the most curious phenomena of the procurement […].

Procurement team 130

Procurement team Procurement 130

SupplyShift

JUNE 6, 2023

Sustainability and responsible sourcing professionals often face the challenge of engaging their procurement teams in sustainability initiatives. With procurement professionals managing a significant portion of company revenue, they play a crucial role in supply chain sustainability.

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Procurement team Sustainability Procurement Collaboration 93

Arkestro

OCTOBER 10, 2024

Founded in 1991, SIG provides thought leadership, networking, and training opportunities to executives in sourcing, procurement, and outsourcing from Fortune 500 and Global 1000 companies. In 2023, SIG appointed Arkestro founder and CSO Edmund Zagorin as a member of the SIG Advisory Board.

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Procurement team Innovation Procurement Bidding 52

NLPA (Next Level Purchasing Association)

FEBRUARY 2, 2024

The ever-evolving world of procurement demands agility, efficiency, and a sharp eye for optimization. This article dives into 7 situations where process improvement can revolutionize your procurement team and skyrocket your bottom line. Is your procurement team facing any of these situations? Look no further!

Procurement team 52

Procurement team Procurement Collaboration Risk 52

The Procuretech Podcast

APRIL 16, 2024

This week on The Procurement Software Podcast, host James delves into the concept of creating the ideal procurement team by combining human expertise with technology. Join the discussion on how to merge human talent with technological advancements to elevate procurement's efficiency and added value to new heights.

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Procurement team Procurement Category management Budget 40

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

The Good Spending

MAY 28, 2023

Building a High-Performing Procurement Team While efficient sourcing, negotiation, and supplier management are crucial for organizational success, the strength of the procurement team is equally important. This is where the Belbin Team Role Theory comes into play.

Procurement team 52

Procurement team Procurement Category management Sourcing 52

Art of Procurement

APRIL 2, 2023

“At the end of the day, procurement is a business enabler. The post [Pod] Architecting and Enabling Amazing Procurement Teams w/ Fadi El Mouallem appeared first on Art of Procurement. No company can grow without its suppliers.

Procurement team 52

Procurement team Procurement Suppliers Category management 52

Procurement Leaders

JUNE 20, 2023

Every year, Procurement Leaders’ research team explores category planning for the next 12 months. There is a vigorous debate in the world of procurement about the speed at which we transform categories. In previous years, we have looked at competitive pressures, market dynamics and savings forecasts.

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Procurement team Procurement Influencing Buyers 147

Arkestro

JULY 20, 2023

The post Grow CFO: How can CFOs Help Their Procurement Teams Avoid “Anchor Bias”? Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc. No spam, just relevant news and tips & tricks. You can unsubscribe at any time. appeared first on Arkestro.

Procurement team 52

Procurement team Procurement Supply Chain Efficiency Supply chain 52

Procurement Insights

AUGUST 25, 2024

You start an GenAI procuretech initiative using an equation-based model!

Procurement team 52

Procurement team Procurement Supply chain Supply 52

Skill Dynamics

AUGUST 11, 2022

Procurement teams must also evaluate whether or not they anticipate a long-term relationship with the supplier to help the organization compete successfully in the market. The post How supply chain and procurement teams can manage suppliers effectively appeared first on Skilldynamics.

Procurement team 52

Procurement team Suppliers Supply chain Supplier relationship management 52

ivalua

AUGUST 26, 2021

The post More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour appeared first on Ivalua. To download the Ivalua 2021 Responsible Labour Report, “Combatting unethical labour: How organisations can collaborate with suppliers to uphold working standards”, please visit.

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Procurement team Suppliers Buyers Procurement 100

Procurement Talk with David Byrne

MAY 2, 2023

The procurement consultancy world has its draws, from intense and varied experiences to, … Continued The post Consultancy vs In-House: Making Widespread Impact in Any Procurement Team with Procurement Consultant at Efficio, Daniel Abda – Episode 74 appeared first on Talent Drive.

Procurement team 52

Procurement team Procurement Chief Procurement Officer Collaboration 52

Supply Chain Dive

FEBRUARY 2, 2023

A relatively small share of procurement staff see environmental and social goals within their purview or collect related metrics to measure success.

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Procurement team Sustainability Procurement 105

Jaggaer

APRIL 20, 2021

Empowers Global Procurement Teams, Improves User Experience, and Automates Daily Tasks appeared first on JAGGAER. The post JAGGAER Release 21.1

Procurement team 52

Procurement team Procurement 52

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Procurement Transformation Delays – The Role of Personality!

Procurement team 56

Procurement team Procurement Sustainability Suppliers 56

Supply Chain Brain

APRIL 9, 2021

Fairmarkit has recently announced the launch of an expansion to their intelligent sourcing platform, adding capabilities to provide an all-in-one solution that leverages automation to simplify competitive sourcing for both RFQs and RFPs.

Procurement team 89

Procurement team Sourcing Procurement 89

Jaggaer

JULY 16, 2020

As the Department of Education, along with state education departments around the country, begin issuing recommendations for return to school plans , procurement teams are left asking what’s next for them. The post What the Department of Education’s Guidance Means for Higher Ed Procurement Teams appeared first on Jaggaer.

Procurement team 52

Procurement team Procurement Contract Negotiation 52

RPF360

NOVEMBER 3, 2022

Does your procurement team take requests? Listening to and serving stakeholders is a big part of creating a successful procurement team. Fortunately, a procurement request form makes it easy for stakeholders to initiate a project and engage with procurement.

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Procurement Procurement team Management 195

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.

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Procurement team Procurement supply chain software solutions Spend management 47

Arkestro

OCTOBER 22, 2024

In today's fast-paced business environment, procurement teams are often trapped in reactive cycles, limited from providing strategic foresight. A key solution

Procurement 98

Procurement Procurement team 98

Procurement Foundry

MARCH 15, 2023

Over the past few years, we have seen the ongoing effects from COVID-19, as well as rising costs, branch out into every area of our lives.

Procurement team 52

Procurement team Procurement Risk 52

Supply Chain Game Changer

NOVEMBER 26, 2018

If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Supplier compliance and governance is a result of quality due diligence on the part of a sourcing and procurement team. SCM #SupplyChain #ikea #retail #logistics #procurement #purchasing.

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Procurement team Supplier relationship management Procurement Suppliers 43

ProcurePort

SEPTEMBER 20, 2022

Such circumstances make it important for procurement teams […]. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • In other cases, demand far outweighs supply, making it hard for buyers to negotiate.

Buyers 246

Buyers Negotiation Purchasing Strategy 246

Supply Chain Brain

APRIL 30, 2019

A 2014 Deloitte survey found that 69 percent of chief procurement officers saw cost reduction as their main priority over the following 12 months. In 2018, the same survey showed that the number had jumped to 78 percent.

Procurement team 75

Procurement team Chief Procurement Officer Procurement 75

Procurement Templates

MARCH 6, 2024

So, here’s a breakdown of procurement personalities in the office if they were different fruits for you and your colleagues to debate what fits who! When procurement bear fruit who are you within the fruit basket? Their ability to maintain composure when things get hot makes them an indispensable part of the procurement team.

Procurement 130

Procurement Procurement team Negotiation Innovation 130

ivalua

FEBRUARY 10, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

Price 264

Price Strategy Sourcing Real-time Visibility 264