Remove Product development Remove supply chain budgeting Remove Supply management
article thumbnail

10 Greatest Purchasing Books Ever Written

Supply Chain Opz

Modern purchasing executives take part in value creating initiatives such as performance improve program, cost reduction program and new product development program. Patterson 5) Purchasing and Supply Chain Management: Analysis, Strategy, Planning and Practice by Arjan J. Rudzki and Robert J.

article thumbnail

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Procurement Fact File

Claritum

In Deloitte’s Global CPO Survey 2016 the top 4 priorities for CPO’s were found to be cost reduction, new product development, increasing cash flow and organic expansion. Cost Reduction. New Product Development. source: (p1) Paystreams, Supplier Network Management (2014). Organic expansion.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

article thumbnail

Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. This could involve joint product development, shared risk and reward models, or long-term partnerships.

article thumbnail

Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

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. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.