SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

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

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. Value is paramount to procurement evolution. The following pyramid of procurement evolution puts the value proposition at the chart's top.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 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

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? What makes the role of ESG Procurement Manager so attractive?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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

Spend Matters

OCTOBER 4, 2024

Zip also hosted panels, Q&A sessions and more with various procurement and finance leaders from Prudential, Pixar, Arm, Coinbase and others. The changes come in conjunction with Zip’s expansion in broader procurement orchestration and into native source-to-pay capabilities, complementing its foundational intake management focus.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. to meet the unique needs of each category.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Introduction A. Some of the key benefits include: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

TYA Suite

NOVEMBER 25, 2024

Sustainable procurement is a growing approach that focuses on purchasing goods and services with consideration for their environmental, social, and economic impacts. Defining the concept of sustainable procurement. One of the often-overlooked benefits of sustainable procurement is its potential for significant cost savings.

Sustainability 40

Sustainability Import Supply Chain Efficiency Procurement 40

Una

NOVEMBER 29, 2023

11 Things You Can Do While Your GPO Works Behind the Scenes Explore 11 things you could be doing while your GPO takes care of time-consuming procurement tasks behind the scenes. Below, we suggest 11 things you could be doing while your GPO takes care of time-consuming procurement tasks. Day-to-day procurement tasks can bog you down.

Supply Chain Efficiency 52

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

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Manufacturing supply.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

The Procuretech Podcast

OCTOBER 10, 2023

Tune in to learn more about the exciting developments in the procurement technology space. Current and future trends in the procurement technology market James has divided this solo episode into two sections. Timestamps: [00:01:52] Digital Procurement 101. [00:06:18] 00:09:13] Modern tech stack in procurement. [00:13:48]

supply chain software solutions 40

supply chain software solutions Stakeholder engagement supply chain budgeting Supply Chain Efficiency 40

Procurement Software

APRIL 9, 2024

Let’s put together a team that represents the future of procurement. Join me on this fictitious journey of transforming an existing procurement organisation into one that will still be relevant in 2030. We’ve got automation, digitisation and AI in procurement pushing boundaries. What would my dream team look like?

Category management 40

Category management Procurement supply chain budgeting Budget 40

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JUNE 27, 2023

As organizations strive to stay competitive, they are increasingly recognizing the need to leverage digital technologies to streamline processes, improve efficiency, and drive growth. One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis.

Real-time Visibility 40

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

SCMDOJO

JANUARY 15, 2025

Embarking on a supply chain career offers exciting opportunities, but success requires understanding the diverse roles and specializations within the field. Mid-Level Opportunities Mid-level roles, like supply chain analysts and procurement specialists, involve process evaluation, supplier negotiations, and team supervision.

Supply Chain Efficiency 52

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