NLPA (Next Level Purchasing Association)

MARCH 16, 2023

On the other hand, the CEO is focused on the overall strategic direction of the company, and spend management is just one component of the broader strategic plan. The Procurement Director and Manager are responsible for executing spend management strategies and ensuring that procurement activities are aligned with organizational objectives.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations. CERTIFICATE COURSES 1.

Agile and Lean Supply Chain 196

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

The Good Spending

APRIL 2, 2023

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists.

Procurement 98

Procurement Demand Planning Budget Category management 98

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Spend Matters

OCTOBER 12, 2023

In a new series of interviews Spend Matters is speaking with representatives from the procurement world of practitioners, tech solution providers and consultants to discover the word on the street about ‘turning digital.’ This is something that many procurement practitioners have yet to realize. A faster horse or a car?

Procurement 114

Procurement Suppliers Supply chain Consumer demands 114

Jaggaer

OCTOBER 24, 2024

By including certain clauses, you can protect your organization if you must adapt to declining markets. Improving quality management: Best-in-class quality management incorporates supplier collaboration as a prerequisite.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Tactics

DECEMBER 21, 2022

33 Procurement Interview Questions in 2023. It encompasses the full scope of supply chain functions which includes forecasting, purchase order processes, and quality management. Thus, why procurement professionals consider it the most important dimension of their collaboration efforts. . Download Whitepaper →. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

ivalua

NOVEMBER 7, 2019

Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products. Enhancements enable manufacturers to launch more profitable, successful products.

Innovation 22

Innovation Bill of materials Supply Chain Efficiency Management 22

Spend Matters

OCTOBER 26, 2022

Categories: Procurement Research , Sourcing , Supplier Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of MESH, a solution built for small to mid-sized US-based manufacturers that need to streamline their sourcing and quality engineering workflows. .

Sourcing 98

Sourcing Quality management Quality Buyers 98

IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. Negotiating is an important part of any relationship, including those with stakeholders and adjacent functions like logistics, research and development, and quality management. . The post The Key to Successful Procurement Negotiations?

Negotiation 71

Negotiation Supplier negotiation Procurement Suppliers 71

Spend Matters

JULY 27, 2022

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market.

Market analysis 98

Market analysis Sourcing Supplier relationship management Material management 98

Pipefy

JANUARY 31, 2023

Procurement is an essential strategic function for many businesses, but it wasn’t always the critical business process it is today. At one point, procurement was just a tactical-focused function, meaning that any strategy was centered around meeting short-term and transactional needs.

Procurement 59

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 59

Procurement Templates

MARCH 3, 2024

Check out my other page on s trategic sourcing A procurement assessment of needs is a systematic evaluation conducted by organizations to determine their requirements for goods, services, or works. This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Heads

APRIL 5, 2023

How did you get into procurement? 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. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Procurement Heads

APRIL 5, 2023

How did you get into procurement? 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. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Procurement Heads

FEBRUARY 16, 2023

For Procurement Heads ‘ latest CPO Spotlight, Sebastien spoke with Rupert Gaster about his career, how CPOs can influence an organisation’s sustainability agenda and what key achievements he’s most proud of. How did it feel to be recognised once again in the CIPS Power List? It always gives a double feeling in my opinion.

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

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. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement team 56

Procurement team Procurement Sustainability Suppliers 56

Procurement Insights

OCTOBER 8, 2024

” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for Chief Procurement Officers in 2025?” What are the Top 3 concerns for Chief Procurement Officers in 2025? What are the Top 3 concerns for Chief Procurement Officers in 2023?

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Procurement Software

OCTOBER 3, 2023

The topic of supplier consolidation is a popular one, especially across indirect procurement spend. It’s rarely strategic suppliers who cause procure-to-pay pain. It’s rarely strategic suppliers who cause procure-to-pay pain. First, let’s ask a simple question which is notoriously difficult for Procurement Manager to answer.

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

TYA Suite

MAY 14, 2023

In the past, firms lacked a thorough understanding of the procurement procedure. But now, even small to medium sized businesses are considering to implement a procurement software that helps them generate procurement ROI. Procurement is an essential component of production and manufacturing organizations.

Procurement 52

Procurement Real-time Visibility Purchase orders Purchasing 52

Procurement Software

JULY 4, 2023

Digital procurement tools offer buying teams a once-in-a-generation opportunity. What is digital procurement? Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. What is procurement tech? What technologies power digital procurement tools?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Procurement Software

JULY 9, 2024

Direct procurement involves acquiring raw materials and components essential for your production process. Indirect procurement, on the other hand, generally deals with non-complex goods and services that support your operations. This fundamental difference raises a crucial question: does direct procurement need its own tech stack?

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Procurement Software

APRIL 2, 2024

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. There’s plenty of digital procurement solutions out there for every budget. Let’s dive in.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Empowering CPO

JUNE 27, 2023

Introduction Unleashing the Power of Spend Analysis for Procurement Success In the world of procurement, data is the key to unlocking strategic decision-making and maximizing cost savings. Spend analysis, the process of comprehensively evaluating an organization’s expenditures, plays a pivotal role in driving procurement success.

Procurement 52

Procurement Real-time Visibility Supply Chain Optimization Procurement strategies 52

SCMDOJO

JANUARY 22, 2025

However, adequate resources for quality inspection and testing, along with proper training for quality inspectors, are critical for accurate DPPM calculations and effective quality management. Regularly review and refine quality control processes based on customer feedback and internal data analysis.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 90

HICX

OCTOBER 12, 2023

By Nancy Clinton, Spend Matters In a new series of interviews Spend Matters is speaking with representatives from the procurement world of practitioners, tech solution providers and consultants to discover the word on the street about ‘turning digital.’ This is something that many procurement practitioners have yet to realize.

Procurement 52

Procurement Suppliers Supply chain Consumer demands 52

Spend Matters

OCTOBER 12, 2023

In a new series of interviews Spend Matters is speaking with representatives from the procurement world of practitioners, tech solution providers and consultants to discover the word on the street about ‘turning digital.’ This is something that many procurement practitioners have yet to realize. A faster horse or a car?

Procurement 52

Procurement Suppliers Supply chain Consumer demands 52

Positive Purchasing

JULY 10, 2023

Leading procurement and negotiation digital platform and training provider, Positive Purchasing, has attained accreditation for both ISO9001 and ISO27001. They have provided training, consultancy and digital procurement services to over 320 clients in 48 countries.

Purchasing 52

Purchasing Supplier relationship management Negotiation Category management 52

SCMDOJO

SEPTEMBER 26, 2023

Supply chain management professionals know the essentiality of Enterprise Resource Planning (ERP): these software systems automate everything from procurement, inventory, and financials, as well as assist with customer relations and human relations.

Supply chain management 98

Supply chain management Supply chain management supply chain software solutions Agile and Lean Supply Chain 98

Positive Purchasing

JUNE 5, 2023

Leading procurement and negotiation digital platform and training provider, Positive Purchasing, has attained accreditation for both ISO9001 and ISO27001. They have so far provided training, consultancy and digital procurement services to over 320 clients in 48 countries.

Purchasing 52

Purchasing Supplier relationship management Negotiation Category management 52

Supply Chain Game Changer

FEBRUARY 1, 2022

Further store set up, whether that be physical store merchandising or online store creation, customer experience management (from marketing through to order management and returns management) is also a part of the retail Supply Chain. In healthcare logistics has been on display for everyone to see during the pandemic.

Logistics 89

Logistics Supply Chain Optimization Supply Chain Efficiency Supply chain 89

Supply Chain Game Changer

MARCH 9, 2021

Suppliers for all materials and services have to be found, vetted, negotiated with, qualified, ramped up, tracked, managed, kept competitive and governed. That is the purview of Procurement. Cash is king and cash flow management is the source of life, or the cause of death, of any company.

supply chain software solutions 90

supply chain software solutions Supply Chain Optimization Supply chain Supply 90

Supply Chain Game Changer

APRIL 4, 2019

Where does Procurement stand in your organization’s Value Chain? I speak with Procurement, Sourcing and Purchasing professionals every day, from various globally functioning organizations, and there’s a resounding similarity in every one of those conversations…. Procurement is?—?still?—?largely Secondary: Procurement ?—?is

supply chain software solutions 60

supply chain software solutions Purchasing Quality Buyers 60

Jaggaer

JUNE 23, 2020

For more on pharmaceutical procurement, register for our upcoming webinar. Next, teams must take a close look at the quality management process, making sure it covers the whole distribution flow. If you are interested to learn more about procurement in the pharmaceutical space, register for our July 8 webinar.

Networking 72

Networking Supply Chain Optimization Supply Supply chain 72

Supply Chain Game Changer

JULY 28, 2020

Supply and Demand Planning, Inventory Management, Quality Management, Logistics Management, Channel Management, Distribution, and Manufacturing must all be performed for every aspect of the Supply Chain. This is the first challenge of a fully Parallel Supply Chain.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100

Finale Inventory

AUGUST 4, 2024

This enables you to analyze trends, identify patterns, and make informed decisions about procurement and production. Moreover, inventory management software provides valuable insights through data analytics. Prioritizing quality control prevents production delays and customer dissatisfaction.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52