Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. This can lead to more effective sourcing, reduced sourcing costs, higher quality products, and stronger overall supplier relationships.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Spend Matters

JANUARY 31, 2023

Categories: Contract Management , Procurement Strategy & Planning Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of NHD and its solution for contractor and project management. Companies have seen the benefits of hiring temporary workers for short-term to long-term projects. Read more. )

Project management 78

Project management Management Contract management Procurement strategies 78

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Sourcing. What does a Sourcing solution do? Sourcing solutions offer supporting content and services for managing market approaches (including category strategy), execution (e.g., RFx management and e-auctions) and portfolio/performance management.

Sourcing 98

Sourcing Bidding Price Suppliers 98

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. What does a Direct Materials Sourcing solution do? See ‘ Sourcing Optimization ‘ for the sourcing of direct services such as complex logistics.

Sourcing 98

Sourcing Bidding Price Suppliers 98

ivalua

JANUARY 29, 2020

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

Collaboration 164

Collaboration Innovation Agile and Lean Supply Chain Procurement 164

SCMDOJO

FEBRUARY 26, 2025

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Procurement Tactics

OCTOBER 18, 2022

Additionally, it allows managers to build better relationships with suppliers based on the importance of each supplier. . SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . What is Supplier Relationship Management Software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Spend Matters

NOVEMBER 29, 2022

Earlier in 2022, Simfoni announced its acquisition of EC Sourcing Group, a sourcing provider with optimization support. Simfoni has been growing rapidly, especially in the spend analytics and tail spend areas in recent years.

Project management 99

Project management Sourcing Management 99

Procurement Leaders

DECEMBER 9, 2022

With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

SCMDOJO

DECEMBER 29, 2024

However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management. BoxFox Liquidation.com 360 Components J2 Sourcing Gain More Knowledge About Liquidate Inventory 4.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

ivalua

JANUARY 28, 2021

Jorge Pont Director, Commodity Management – Memory, CPU/GPU/OEM H/W, Google Cloud. Amber Holmes Co-op Program and Special Projects Manager. Demo Breakout: Effectively Managing Supplier Information, Risk & Performance. Demo Breakout: Creating Lasting Value Across Your Source-to-Contract Process. 2:15pm EDT.

Eprocurement 100

Eprocurement Networking Project management Contract 100

ivalua

SEPTEMBER 2, 2019

Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Procurement performance.

e2e 133

e2e Procurement Purchase orders Project management 133

Procurement Heads

MARCH 7, 2023

“It pulls on so many soft and technical skills that after a few years in the profession if you wanted to be an Analyst – you can; go into legal – you can; a Consultant/Advisor – you can; a Project Manager – you can; go into transformation/continuous improvement- you can; be a people leader – you can (and that’s just to name a few). “It’s

Leadership 246

Leadership Procurement Agile and Lean Supply Chain Import 246

ivalua

MAY 6, 2021

Meanwhile, organizations face myriad external risks: climate disruption, geopolitical issues, increasingly strict legislation and regulations, and, of course, the global pandemic all impact the supply chain, and Procurement is under heightened pressure to mitigate those macro risks with effective sourcing and supplier management processes.

supply chain software solutions 130

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

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Procurement Tactics

SEPTEMBER 14, 2022

When you go out of a building, it is most likely that the trucks you are seeing use diesel as a fuel source since it is the most affordable option. This allows the project managers to analyze the outcome of the different implemented activities. This course is a perfect fit for ambitious procurement & sourcing professionals.

Sustainability 178

Sustainability Logistics Raw materials Supply Chain Efficiency 178

ivalua

JANUARY 21, 2020

Modernization : Whether large or small, all states are dealing with the mounting technical debt that comes from managing decades old systems that don’t enable strategic initiatives or the sharing of data, provide a poor user experience, and are prone to security vulnerabilities.

Procurement 124

Procurement Data Strategic sourcing Strategic sourcing 124

Supply Chain Game Changer

MARCH 9, 2022

In either case, each purchase is associated with a particular purpose or project. Ultimately the project-based framework ends up giving oversight of the procurement responsibility to the project manager and making those assigned to the project integral to the procurement process.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

ivalua

FEBRUARY 24, 2021

New platform release features a broad set of enhancements across Ivalua’s complete Source-to-Pay suite, including deep integration with Amazon Business. Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

ivalua

NOVEMBER 29, 2022

of cost savings this way, but they can reduce leakage by about 40% with better connected sourcing, contracting and procure-to-pay processes. Savings from Sourcing: In 2021, competitive sourcing projects generated an average of 7.7% The average enterprises loses about 7.1% in savings. Risk Metrics.

Risk 130

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

Una

DECEMBER 20, 2022

More cross-functional teams are being formed to work on specific projects. In a nutshell, this is what the project economy looks like. This will enable better decision-making in terms of up-skilling, assigning permanent team members to a project, hiring temporary (expert) staff, or outsourcing where necessary. Get in Touch.

Procurement 98

Procurement Project management Procurement team Purchasing 98

ivalua

JUNE 7, 2021

Efficient communication, the ability to securely share information and project-manage efforts are all key to scaling collaboration across more processes, suppliers & categories. But they are also the most exciting as they have the potential to actually turn your spend and suppliers into a source of competitive advantage.

Strategy 130

Strategy Procurement Collaboration Innovation 130

ivalua

APRIL 7, 2022

Aurélie LUCAS tasked JB to provide sustainable, locally sourced #loveprocurement t-shirt, delivered on stage via an environmentally friendly bike delivery! Next on stage, we welcomed Booking.com with a thought-provoking, transparent, powerful, and honest account of how to run a successful and ongoing Source-to-Pay transformation. .

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Chief Procurement Officer Supply Chain Efficiency Sustainability 130

ivalua

MAY 18, 2022

Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. Effective supplier management is not just about selecting the right suppliers and monitoring them. financial data, ESG scores…), provides the requisite visibility.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Procurement Tactics

JULY 4, 2023

Use should-cost model software that can aggregate data from multiple sources and automate the analysis. Should Cost Model Tooling/Software There are several should-cost model tools/software available in the market that can help you create and manage your should-cost models. Monitor the prices of raw materials from your suppliers.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

ivalua

APRIL 13, 2021

Efficient communication, the ability to securely share information and project manage efforts are all key to scaling collaboration across more processes, suppliers & categories. Too much risk management focuses on assessing individual supplier risk, with category assessments simply the sum of supplier assessments.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130

ivalua

MARCH 5, 2020

Successful collaboration requires both softer, behavioural skills, such as empathy, listening, and judgment, but also technical capabilities around planning, project management, and data analysis.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Procurement Insights

MARCH 2, 2024

Here are a couple of examples (and corresponding sources): Some of the items that are included in an IT budget are hardware, software, personnel, outsourcing, disaster recovery, and any occupancy costs associated with the support of the IT in the organization. Taxes, except value-added taxes, are also included.

Budget 81

Budget Stakeholder engagement Project management Sourcing 81

Procurement Tactics

AUGUST 29, 2022

E-tendering is an essential part of the e-procurement process as it facilitates the way of sourcing suppliers efficiently. . The Centralized electronic document repository that includes document requirements, digital tender documents, purchase orders, and contracts works well for contract and project management. . LEARN MORE.

Competitive bidding 130

Competitive bidding Bidding Contract Suppliers 130

ivalua

JUNE 12, 2020

I don’t source goods and services, I source relationships”. Key capabilities to assess include the ability to securely share documents / information, communicate with suppliers and stakeholders at any point in your process, enable cross-stakeholder visibility into activity and support effective project management.

Collaboration 130

Collaboration Suppliers Innovation Quality 130

Spend Matters

JUNE 18, 2024

Decreased cycle times — By automating the coordination of tasks and activities, orchestration frees procurement professionals to focus less on project management and more on their actual job. The result is a significant reduction in maverick spend.

Procurement 110

Procurement Project management Budget Leadership 110

IBM Supply Chain Blog

APRIL 19, 2023

The next step of this phase was to create a system for integrating financial data from different sources and automating financial operations, making it possible to collect and report financial data more quickly and accurately.

Data 81

Data Budget Project management Risk 81

Procurement Leaders

JUNE 9, 2022

This represents a major paradigm shift for PMI, changing the makeup of what is being sourced but also driving a need for greater innovation to build a smoke-free product portfolio. An internal hire, the PCM was chosen for their deep knowledge of procurement processes and systems, project management and people development skills.

Category management 130

Category management Procurement Strategy Innovation 130

Finale Inventory

SEPTEMBER 4, 2024

Factors such as labor shortages, safety regulations, technological advancements, project management, and sustainability concerns significantly impact construction operations. These advancements enhance productivity and foster transparency and accountability in construction projects.

Project management 52

Project management Sustainability Inventory Collaboration 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. Project management and operations : Generative AI tools can support project managers with automation within their platforms.

Data 118

Data Ethics Quality Project management 118

World of Procurement blog

APRIL 23, 2024

The procurement strategy may need to adapt to various factors such as project scale, location, timeframe, budgetary constraints, and regulatory standards. Equipment Procurement: Sourcing the right tools and machinery for construction tasks. Labor Procurement: Hiring skilled labor force and subcontractors for specialized tasks.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52