ivalua

NOVEMBER 29, 2022

Aside from mitigating risk and saving organizations money, Procurement teams have an opportunity to add value by working closely with suppliers to reduce carbon emissions while ensuring supply chain continuity through diversity and proper forecasting. Delivering Better Visibility Across Suppliers.

Risk 130

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Strategy 130

Strategy Procurement Collaboration Innovation 130

Procurement Tactics

JULY 4, 2023

SEER SEER is a project management tool from Galorath that enables you to create an accurate should-cost model that enables you to effectively negotiate with suppliers. Planergy Planergy is a procurement software that includes a should-cost modeling tool that can be used to optimize procurement.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

ivalua

APRIL 7, 2022

We headed right into another session with Francesco Cantoni , Procurement Director, LucchiniRS , Julien Jacomy , Purchasing Process Manager, Plastic Omnium and Jarrod McAdoo , Director, Product Marketing, Ivalua discussed supplier collaboration and supply chain strategy.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Chief Procurement Officer Supply Chain Efficiency Sustainability 130

Procurement Leaders

JUNE 9, 2022

A dedicated role of Procurement Capability Manager (PCM) was created to lead the initiative with the support of Governance & Planning teams, PLT, and subject-matter experts. An internal hire, the PCM was chosen for their deep knowledge of procurement processes and systems, project management and people development skills.

Category management 130

Category management Strategy Procurement Innovation 130

ivalua

MAY 6, 2021

Software can support effective collaboration by enabling scalable, efficient interactions among procurement, business stakeholder and suppliers. It can help securely share information, make communication more efficient and improve project management. . The Future of Procurement is Digital.

supply chain software solutions 130

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

Procurement Leaders

MAY 30, 2022

However, this posed a challenge for CBRE’s Global Workplace Solutions (GWS) UK procurement team, because of its decentralised nature. Since 2019, the GWS procurement team has been working with internal and external stakeholders to achieve and drive higher diverse spend across its client base. What is GWS?

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

Supply Chain Game Changer

AUGUST 5, 2021

Smart, smooth, safe & sustainable Supplier Management will require shifts in strategy, process & systems, and these kinds of foundational shifts require champions of change. Transformation & process managers are master coordinators between top management, line managers, and project managers.

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

Supply Chain Game Changer

FEBRUARY 5, 2020

Too often companies will underestimate the leadership and experience needed to lead and manage a successful Procurement Transformation. They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. What do I mean by Foundation in Procurement Transformation?

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70

Procurement Software

FEBRUARY 7, 2023

Procurement technology will impact work trips, but in a different way The article draws heavily on a webinar from procurement software provider TripActions , who are very much focused on travel and expense management for enterprise procurement teams. How is business travel changing?

Procurement 59

Procurement Project management Supplier relationship management Collaboration 59

ivalua

APRIL 5, 2019

That’s a great example of how Procurement solution providers are supporting Procurement teams to be faster and more effective, without sacrificing robust capabilities or the flexibility to grow over time. . Our users and indeed our own teams also want speed in terms of rapid access to data and information.

Procurement 100

Procurement Suppliers Collaboration Innovation 100

Barkers Procurement

JANUARY 4, 2023

Barkers were working with ECFRS to strategically review their procurement function, so this project formed part of a broader strategic approach designed to revolutionise their approach to procurement. Barkers placed resource into the ECFRS procurement team, dedicated to driving forward the ongoing ICT procurement projects.

Procurement 52

Procurement Category management Project management Stakeholder engagement 52

Procurement Heads

APRIL 26, 2023

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. We manage billions of dollars worth of spend. What are you most passionate about when it comes to procurement?

Agile and Lean Supply Chain 130

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

Procurement Heads

APRIL 26, 2023

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. We manage billions of dollars worth of spend. What are you most passionate about when it comes to procurement?

Agile and Lean Supply Chain 130

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

Future Purchasing

NOVEMBER 18, 2021

What is Procurement Business Partnering? Business partnering has become a popular way for procurement teams to improve their engagement with their internal stakeholders through developing a deeper understanding of their business needs.

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

Supply Chain Game Changer

DECEMBER 13, 2018

Too often companies will underestimate the leadership and experience needed to lead and manage a successful Procurement Transformation. They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. What do I mean by Foundation in Procurement Transformation?

Procurement 59

Procurement Agile and Lean Supply Chain Negotiation Procurement team 59

Supply Chain Game Changer

JUNE 23, 2021

These procurement teams must resort to operate in an antiquated environments, i.e. interacting with each supplier one at a time then follow by long hours of sorting through the information. While good procurement teams do their best to maintain a good discipline in procurement practice; there is a lot of room for improvement.

Competitive bidding 72

Competitive bidding Bidding supply chain software solutions Supply Chain Optimization 72

Planergy

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 7 Tips For Managing Project Budgets Successfully. Budget Management Procurement Project Management. Start with a Realistic Project Budget. Start with a Realistic Project Budget.

Budget 52

Budget Management Project management Import 52

Skill Dynamics

OCTOBER 8, 2024

Key Findings Observations and challenges within the supply chain: Interpersonal Skills: 72% of survey respondents highlighted interpersonal skills as critical to their roles, with cost management (71%), strategy (65%), and project management (62%) also deemed essential.

Supply chain management 52

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 23, 2018

While historically companies have performed this function internally it is increasingly recognized as being more strategic to have a well functioning Procurement capability, as opposed to just having a Purchasing department. I am the President and CEO of ProcurePro Consulting a boutique procurement and project management consulting firm.

Leadership 80

Leadership Supply Chain Optimization Supply chain Strategic sourcing 80

Skill Dynamics

NOVEMBER 8, 2023

We wanted to ensure our procurement teams were able to manage the market exigencies, by both improving our organization and our employees’ expertise. Skill Dynamics was the perfect partner to help us achieve our goal, and it was a delight to work with the whole team.” 84% of respondents liked the eLearning.

Export 52

Export Project management Procurement team Risk management 52

HICX

JULY 13, 2023

As Stephane puts it, “We really wanted to improve our way of working, to optimize and standardize our procurement.” To address these issues, Mondelez identified the need for a centralized supplier portal that would enable self-service for suppliers, consolidate data, and grant procurement teams direct access to supplier information.  “Our

Suppliers 52

Suppliers Procurement Collaboration Procurement team 52

NLPA (Next Level Purchasing Association)

JANUARY 14, 2022

Procurement Teams are responsible for an increasing number of suppliers. Form a team. Engage suppliers’ top management. Identify specific development projects. Manage the projects using project management best practices. When choosing your projects, be careful.

Suppliers 52

Suppliers Supply Project management Contract management 52

Jaggaer

DECEMBER 18, 2019

How to circumvent: Project managers need to manage employee expectations with internal project marketing. Deliver an MVP and make it clear that this is not the final product; elicit input from stakeholders and users and build their suggestions into the next iteration of the project.

Procurement 58

Procurement Project management Procurement team Budget 58

Procurement Heads

JUNE 14, 2023

I have done various roles throughout that time in project management, commercial, finance, strategy, and then latterly in procurement. Tell us about the transformation journey you mentioned When I took over the Commercial & Procurement team, it was too transactional and fragmented.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Supply Chain Game Changer

AUGUST 6, 2019

And the degree to which Procurement teams allow themselves to be treated this way only propagates this ancient and inaccurate stereotype. There is no doubt that in Procurement, like ANY function, there are more mundane or repetitive tasks that have to be performed. Run Procurement Like a Business!

Management 48

Management Procurement Category management Chief Procurement Officer 48

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. This functionality ensures that procurement teams can respond swiftly and effectively to changing market conditions, enhancing their strategic impact.

supply chain software solutions 52

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

Empowering CPO

NOVEMBER 12, 2020

The other option is that category managers should prepare themselves before every meeting and do the research on their own. This latter option is not very practical considering the fact that procurement team members are usually overloaded and the skill sets required are relatively different compared to their roles.

Category management 52

Category management Cost of ownership Procurement Strategic sourcing 52

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Most companies this size will for sure have some degree of procurement team.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Most companies this size will for sure have some degree of procurement team.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

The Procuretech Podcast

SEPTEMBER 1, 2020

Improving our Productivity for Day-to-Day Communuication and Project Management: Richard Sains from Acada 1:43 Rich explains what ultimately drove him to make the switch from being a category manager to a SaaS entrepreneur.

Category management 40

Category management Project management Procurement team Procurement 40

Una

APRIL 3, 2024

With this background, Mark has been uniquely positioned to observe how procurement performs in high-stakes situations.

Real-time Visibility 52

Real-time Visibility Contract Procurement Project management 52

Jaggaer

APRIL 21, 2020

The first is the critical need for strong project management with a focus on change management and communications, and an empowered project lead. I think this will also help procurement teams learn to be agile. There are two considerations that, while they are important under normal?circumstances,

Procurement 52

Procurement Price Agile and Lean Supply Chain Sourcing 52

The Procuretech Podcast

SEPTEMBER 15, 2022

Procurement teams are thinking about solving business problems, CFO’s feel responsible for managing ESG risks. There’s loads of crossover there - procurement can’t ignore finance and finance can’t ignore procurement. . A siloed approach doesn’t work any more. A siloed approach doesn’t work any more.

Procurement 40

Procurement Project management Collaboration Influencing 40

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. This is a great solution for either “lone ranger” procurement managers.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Barkers Procurement

JANUARY 25, 2023

Identifying individuals or teams who will have the opportunity to significantly influence the P2P project is also crucial.

Change management 52

Change management Management Influencing Internal analysis 52

Procurement Software

MAY 23, 2023

It showed that companies with CPOs on their leadership teams had share prices which had outperformed the market by roughly 130%. So, if the benefits of a high-performing procurement team seem to be obvious, let’s look at the 10 steps that BCG sets out in Profit From The Source to drive this forward.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52