Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies.

Supply Chain Efficiency 130

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

Procurement Templates

APRIL 10, 2022

The outsourcing trend and the growing importance of supply chains are affecting working conditions, as well as the health and safety of suppliers and contractors, all of which need to be consolidated and addressed in weekly or monthly meetings. any initial supply chain.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

NLPA (Next Level Purchasing Association)

AUGUST 28, 2024

Supplier onboarding is a critical process in procurement and supply chain management, directly influencing efficiency and performance. This guide explores key steps, challenges, and best practices to optimize onboarding within procurement and purchasing contexts.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Suppliers 52

Procurement Tactics

JULY 23, 2023

For example, the procurement team looks at their office supplies and finds some outdated technology accessories and too many stationery items that they rarely use. This involves closely aligning procurement with production requirements, and procuring materials and supplies in quantities that meet immediate production needs.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Procurement Templates

MARCH 3, 2024

Risk Assessment : Identifying potential risks associated with procurement activities is essential for effective planning and mitigation. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Develop strategies to mitigate these risks and build resilience within the supply chain.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

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

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.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. Optimize New Spend

Procurement 130

Procurement Supply Chain Optimization Procurement team Purchasing 130

Arkestro

JANUARY 4, 2023

In 2022, procurement faced challenges on multiple fronts. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Eager to reduce administrative busywork, procurement teams are treating the permacrisis as an opportunity to make long-sought changes along a digital journey.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain! Let’s explore further.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Procurement Tactics

JULY 4, 2023

It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings. Importance of Should Cost Model A should-cost model is an essential tool for procurement and supply chain organizations.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. For example, below are 5 reasons why procurement folks should attend S&OP Reviews.

Procurement 82

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 82

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 100

Procurement Tactics

OCTOBER 13, 2022

However, not many people know their real role in procurement. . We will discuss the role of strategic sourcing managers within the procurement team and their responsibilities in a company. Strategic sourcing is a part of the supply chain and puts an emphasis on customized solutions and strategic partnerships.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

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

ivalua

MARCH 16, 2022

For example, 31% of CEOs believe it should be a top priority to collaborate with supply chain partners to collectively manage risk (see image 3). Merging CEO expectations with Procurement team priorities will offer some clear opportunities for CPOs. Embedding ESG into the Procurement processes and strategy.

Procurement 130

Procurement Risk management Procurement team Risk 130

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Procurement Templates

JUNE 18, 2023

ChatGPT Procurement departments can take several steps to manage inflation effectively. Here are some strategies and practices that can be implemented: Long-term contracts: Procurement teams can negotiate long-term contracts with suppliers that include price adjustment mechanisms.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Spend Matters

JANUARY 12, 2024

Procurement priorities will shift as budgets increase Driven by expected budget increases in 2024, procurement teams globally will make a dramatic shift in how they spend their time, placing an added emphasis on pursuing ESG goals.

Procurement solutions 91

Procurement solutions Procurement supply chain budgeting Procurement team 91

Arkestro

DECEMBER 5, 2024

Predictive Procurement is the latest evolution in digital procurement processes. It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes. This process ultimately leads to faster delivery times, more significant cost savings, and improved supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Jaggaer

OCTOBER 24, 2024

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. As AI enhances collaboration between procurement teams and suppliers on inventory, its value extends across the supply chain.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Skill Dynamics

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. This approach also helps with overall team development.

Supply Chain Optimization 52

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

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Tactics

JULY 2, 2023

Review After the conclusion of the procurement process, look at the effectiveness of the ordering process as well as the overall procurement procedure. To continue to optimize procurement processes, implement these lessons in future job orders. CERTIFICATE COURSES Related courses about this subject 1.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Arkestro

DECEMBER 26, 2024

Staying on top of the ever-changing procurement landscape in 2025 is paramount to staying competitive. As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Spend Matters

JULY 22, 2024

In today’s rapidly evolving business landscape, procurement is no longer just about purchasing goods and services. It’s about strategically managing resources, optimizing supply chains and driving organizational value. Enter spend analytics solutions — a game changer for modern procurement teams.

Supply Chain Optimization 94

Supply Chain Optimization Procurement team Purchasing Supply chain 94

Skill Dynamics

OCTOBER 19, 2023

Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. As a result, training on how to navigate these complexities is a must.

Supply Chain Optimization 52

Supply Chain Optimization Strategy Procurement Vendor management 52

ivalua

MAY 11, 2021

Bashar El-Jawahari, PwC’s Middle East Procurement and Supply Chain Leader, explored the findings unique to the region. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset. Striking the Balance between People, Process and Technology.

Risk management 130

Risk management Risk Supply Chain Efficiency Management 130

SCMDOJO

APRIL 3, 2022

Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs. Procurement KPI Dashboard – Customizable Excel Template. .

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

ivalua

APRIL 23, 2021

The book gives a clear view of the benefits of cross functional collaboration for procurement and also some actionable insights as to how procurement can foster collaboration with other areas of the business. . By supporting the budget holders they can then deliver value to the organisation.

Collaboration 130

Collaboration Procurement team supply chain budgeting Bill of materials 130

Arkestro

JUNE 25, 2024

Resources / Blog / Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro For the oil and gas industry, the last few years have been anything but easy. Within these touch points are many other varied points.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

Spend Matters

OCTOBER 19, 2023

We are pleased to announce that the recognized Future 5 providers are: akirolabs — Founded by procurement veterans, akirolabs is a Berlin-based digital solution that helps transform procurement from a tactical function to a value orchestrator. Its founders have extensive supply chain and enterprise technology experience.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 92

Arkestro

MAY 10, 2023

Events / Reuters Supply Chain USA 2023 Thanks for connecting with us at Reuters Supply Chain USA May 17-18, 2023 | Chicago, IL Whether you attended the Keynote Panel with Target, Newell Brands, Okabashi, Supply Chain NOW and Arkestro or simply stopped by our booth, we are so glad to have met you at Supply Chain USA 2023!

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Supply Spend management 52