World of Procurement blog

APRIL 23, 2024

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

The Good Spending

JULY 11, 2022

How to excel in strategic sourcing? - Each section of our online training course should provide a few possible answers by offering best practice strategic procurement concepts, techniques, and tools and trying them in real sourcing situations. Iron Triangle of Project Management. Definitions of Agile.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Project management 52

Empowering CPO

NOVEMBER 12, 2020

The market research dollar that procurement organizations can save by not hiring a proper procurement business intelligence & analytics service provider may be far more costly than stabbing in the dark with executing strategic sourcing projects, managing categories, renewing contracts or preparing escalation mechanism.

Category management 52

Category management Cost of ownership Procurement Strategic sourcing 52

Planergy

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 7 Tips For Managing Project Budgets Successfully. Budget Management Procurement Project Management. Start with a Realistic Project Budget. Start with a Realistic Project Budget.

Budget 52

Budget Management Project management Import 52

SCMDOJO

NOVEMBER 2, 2023

Expertise: Strategic sourcing and contract creation, procurement, supply chain management, interim supply chain project management, cost reduction, contract management, and commodity management are areas of expertise. Isaac has done a wonderful job for a project in affiliate partnership as well.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

World of Procurement blog

APRIL 23, 2024

Agile Procurement Agile Procurement takes cues from agile project management, focusing on flexibility, collaboration, and speed. Competition involves inviting multiple suppliers to bid for the contract, promoting transparency and ensuring value for money.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

World of Procurement blog

APRIL 23, 2024

Agile Procurement Agile Procurement takes cues from agile project management, focusing on flexibility, collaboration, and speed. Competition involves inviting multiple suppliers to bid for the contract, promoting transparency and ensuring value for money.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Una

SEPTEMBER 20, 2022

Customer Relationship Management (Salesforce, Hubspot, Zoho, etc.). Project Management (Asana, monday.com, Trello, etc.). Communication / Collaboration (Slack, Google Workspace, Microsoft OneDrive, etc.). Sales and Marketing (Hubspot, Zoho, Nutshell, etc.). Payment Transactions (Runit RealTime, Chargebee, Square, etc.).

Budget 98

Budget Purchasing Collaboration Vendor management 98

Supply Chain Game Changer

NOVEMBER 22, 2018

Recently, I read Magnus Carlsson’s book, Strategic Sourcing and Category Management: Lessons learned at IKEA. The book is a masterful composition and guideline of how a procurement and sourcing organization can start building a quality infrastructure by gaining inspiration from IKEA’s triumphs and failures. in essence?—?the

Change management 56

Change management Strategic sourcing Strategic sourcing Supply chain 56

Supply Chain Game Changer

FEBRUARY 5, 2020

I’m not suggesting you run out and invest in an all new and expensive Source to Pay (S2P) system, no, but you do need to have a road map for those systems to be implemented that aligns to the maturing and evolving team, starting with the most critical; Initiative Management and PO systems. That is heady stuff.

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70

SCMDOJO

JANUARY 17, 2024

Their responsibilities include: Negotiating and entering into contracts with suppliers Zeroing in on the material and capacity requirements Creating production schedules Managing purchasing orders Aligning sourcing and inventory requirements with the demand and/or sales plan In this area, materials specialists aren’t the only role available.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

NOVEMBER 24, 2018

Those same companies, out of necessity, became more sophisticated and implemented Strategic Sourcing and Category Management, delivering substantial savings to their companies bottom line and even help capture innovation. If the top line isn’t growing, you need to be laser focused on the bottom line. Email info@procurepro.ca

Procurement 51

Procurement supply chain budgeting Contract Competitive bidding 51

Supply Chain Game Changer

DECEMBER 13, 2018

I’m not suggesting you run out and invest in an all new and expensive Source to Pay (S2P) system, no, but you do need to have a road map for those systems to be implemented that aligns to the maturing and evolving team, starting with the most critical; Initiative Management and PO systems. That is heady stuff.

Procurement 59

Procurement Agile and Lean Supply Chain Negotiation Procurement team 59

IBM Supply Chain Blog

JANUARY 16, 2024

This will likely involve collaboration between the product design team, project management, sales, and other departments as the business creates a detailed roadmap for how the new product will be built and deployed. How do those competencies align with an organization’s long-term strategic business plans?

Product development 74

Product development Strategy supply chain budgeting supply chain software solutions 74

NLPA (Next Level Purchasing Association)

MAY 8, 2024

Identify Key Stakeholders: Conduct targeted interviews with individuals who have a direct influence on procurement decisions, such as department heads, project managers, and key end-users. These questions should focus on future spending plans, potential changes in demand, and supplier performance evaluations.

Real-time Visibility 52

Real-time Visibility Supplier consolidation Suppliers supply chain software solutions 52

Procurement Software

APRIL 23, 2024

Anvil Analytical Anvil Analytical , based in London, is a SaaS provider that specialises in strategic sourcing and supplier management. The company distinguishes itself through a comprehensive suite of analytics tools that not only support procurement management but also assess carbon footprints and manage risks.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

JANUARY 9, 2019

Further analyzing that spend can help you determine opportunities for implementing cost savings practices like supplier consolidation, strategic sourcing , and standardization. What tools do you use to keep track of progress on your projects? Projects should always be kept track of using tools available in modern technology.

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Planergy

NOVEMBER 18, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Management & Leadership Project Management. How to report and analyze indirect spend to identify savings opportunities. Download Free Copy. Written by. Rob Biedron. 17 min read. Download PDF.

Project management 52

Project management Purchasing Management Suppliers 52

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. ProcurementFlow (pre-PO project management) ProcurementFlow is an Estonian procurement tech provider.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

MARCH 5, 2024

Ravacan Ravacan is a small but growing US-based software startup providing an operations planning and supplier management automation solution for direct spend. Their platform also offers thorough spend intelligence, allowing for in-depth strategic sourcing.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

What gets measured gets managed. Having these metrics tracked in a digital, single source of truth is powerful. Even if you’re using a fairly basic, generic project management tool such as Asana or Monday.com , it’s better than using email and Excel for this. What can technology do to help me here?

Contract 52

Contract Contract management Negotiation Supplier relationship management 52

Procurement Software

MARCH 11, 2022

What gets measured gets managed. Having these metrics tracked in a digital, single source of truth is powerful. Even if you’re using a fairly basic, generic project management tool such as Asana or Monday.com , it’s better than using email and Excel for this. What can technology do to help me here?

Contract 52

Contract Contract management Negotiation Supplier relationship management 52

Planergy

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Examples include project management tools, graphic design software, and social media scheduling platforms. How to gain visibility and control of your indirect spend.

Budget 52

Budget Spend management Management Purchasing 52

Procurement Software

MAY 23, 2023

Excellence in procurement is not just about the well-estabished pillars of strategic sourcing and delivering annual cost savings. And yet, commercially literate boardrooms should really be putting it at the heart of the company. Organisations must focus on bottom line cost reduction and top line growth at the same time.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52

Procurement Insights

JANUARY 8, 2025

SAP Ariba A global leader in procurement software, offering a comprehensive platform for spend management, supplier management, and procurement automation. Key Products: Ariba Network, Spend Analysis, Strategic Sourcing Suite, and Contract Management.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Networking Supply Chain Optimization 52