Procurement Heads

APRIL 27, 2023

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned. How are these skills useful and applied in wider roles?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Procurement Heads

APRIL 27, 2023

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned. How are these skills useful and applied in wider roles?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 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. What are the critical components of being a successful business partner?

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

Una

JANUARY 9, 2023

Tail spend refers to an organization’s high-volume, low-value transactions that are typically unmanaged by the procurement team. Have your procurement team collaborate on what categories can be added to tail spend management. Outsourcing to a GPO also frees up the procurement team to focus on more strategic initiatives.

Management 97

Management Spend management Purchasing Procurement team 97

Barkers Procurement

JANUARY 8, 2023

To manage categories successfully, you should respect several major principles of the practice: cross functional working, the use of facts and data, a strong supply market knowledge, open-ness to change and stakeholder engagement. When developing your category management strategy , you must have a comprehensive team of stakeholders.

Category management 52

Category management Management Market knowledge Stakeholder engagement 52

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward.

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward.

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

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 Software

SEPTEMBER 24, 2024

In the near future, spend analytics tools will also be able to perform risk assessments on spend data, providing procurement teams with actionable insights. Supplier Relationship Management (SRM) Supplier Relationship Management (SRM) is another area where automation is helping procurement professionals reclaim time.

Procurement 52

Procurement Supplier relationship management Bidding Contract 52

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Future Purchasing

OCTOBER 4, 2022

Too often Procurement works in isolation when deciding what category projects to work on. We all know that without the right level of stakeholder support many of these projects simply will not be implemented. Procurement teams clearly appreciate why strategic alignment planning activity is such an important activity.

Category management 52

Category management Collaboration Real-time Visibility Management 52

IBM Supply Chain Blog

DECEMBER 13, 2023

Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan. Stakeholder engagement is key to ensure the strategy is well-planned and supported throughout the organization. Some may not agree with the proposed changes. Be flexible.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Future Purchasing

NOVEMBER 10, 2021

When it comes to successfully implementing category management and supplier management, it is apparent that those procurement teams that have developed their coaching skills have the edge. ” “ This short course can be a game-changer, supporting procurement teams at the time they need it most. ”

Category management 52

Category management Management Leadership Stakeholder engagement 52

Barkers Procurement

JUNE 14, 2023

Understand the business drivers It’s every bit as important to manage relationships with internal stakeholders as it is with external ones. Creating better cross-functional relationships with other departments will go a long way to secure buy-in from stakeholders.

Risk management 52

Risk management Stakeholder engagement Risk Procurement 52

Empowering CPO

MAY 4, 2023

Enhanced collaboration: Digital tools facilitate real-time communication and collaboration between procurement teams, suppliers, and other stakeholders. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process. This alignment can be achieved by: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

The aim is to select the supplier that represents the best value and fit for the specific procurement need. Contract Negotiation After selecting the best supplier, the procurement team negotiates final contract terms like pricing, service levels, delivery timelines, warranties, and other legal and commercial conditions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

NOVEMBER 29, 2023

Invest time in researching, evaluating, and implementing technology solutions that can streamline procurement processes, improve data analytics, and enhance overall efficiency. By making time for innovation, you can gain a competitive edge, reduce manual workload, and optimize decision-making in procurement.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Barkers Procurement

MARCH 8, 2022

But it’s certainly my experience that tight control can limit the potential of those working within procurement functions and may stifle some of the very attributes that lead to a successful procurement, delivered on time and with a great commercial outcome.

Leadership 52

Leadership Procurement Contract Stakeholder engagement 52

Procurement Software

JANUARY 24, 2023

ProcureCon really did drive home the reality that most enterprise procurement teams are still struggling the same things as they were 10 years ago. For example, quality of data, issues with maverick spend, stakeholder engagement, trying to get more influence within the organisation, bringing more spend under management etc.

Procurement 52

Procurement Quality Procurement team Stakeholder engagement 52

Una

OCTOBER 31, 2023

Procurement managers need to be adept at presenting the financial benefits in a clear and compelling manner, highlighting the long-term value the change will bring. Stakeholder engagement Engaging stakeholders early and consistently is crucial.

Change management 52

Change management Management Procurement Leadership 52

Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. So, what would I put in place if I wanted to combine the very best of human and machine to have one ultimate ass-kicking procurement team? This will become increasingly important.

Category management 40

Category management Procurement supply chain budgeting Budget 40

Empowering CPO

JUNE 27, 2023

Digital tools enable real-time insights and scenario modeling, enabling procurement teams to make data-driven decisions swiftly. Procurement teams had limited access to comprehensive data sets, hindering their ability to make strategic decisions.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Procurement Insights

APRIL 7, 2025

The Metaprise model represents a next-generation procurement approach that integrates various procurement processes into a unified framework, while the traditional intake and orchestration model focuses on centralized coordination of procurement activities through predefined workflows.

Real-time Visibility 52

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